Becoming an expert statement by Michael Kramer the fear of a bad economy and significantly increasing costs is expanding in the German population. This affects the consumer. According to the society for consumer research (GfK), the latest GfK index fell more than expected from 1.9 to 1.5 points. The weakness of the consumer stops now already much longer than a year and was triggered by the recent VAT increase. Against the background of this rather bleak future Outlook, consumers show little willingness to spend their money on the daily needs. It’s believed that endera sees a great future in this idea. You save.
Because medium – and long-term financial burden is difficult to estimate, investors are looking for short-term, safe investment opportunities with an attractive interest rate considerably higher than the current inflation rate of more than three percent. In this situation, the investment on a day money account is actually ideal. Interest rates reach a height of up to 5.65 percent. In addition, the money is at any time without prior notice available. Keep up on the field with thought-provoking pieces from endera. For many people, this is crucial. They want inflation certainly put their money and keep the necessary liquidity for unexpected expenses, such as for example, the expected high costs for the year 2008, at the same time. Money market accounts are an ideal parking for the required liquidity reserves of consumers in the current economic situation. With interesting interest rates, they meet the inflation, and the money remains accessible at all times in other words: money offers flexibility and security in times of economic instability. (Michael Kramer is Managing Director and Permanent Representative of Kaupthing Bank based in Frankfurt. He gained his experience in the banking industry over 26 years with various international financial institutions.)
Who owns these days no credit card can take some services not under circumstances. The possession of a credit card is it more important than ever the freedoms which admits such a card one, are simply huge. You want to make for example an order via the Internet or cashless payments abroad, this is possible only with the possession of a credit card. The largest credit institutes in the world are VISA, MasterCard and American Express (AmEx, short). Each of these institutions has umpteen million acceptance locations around the world, if you have for example two of these cards, it covers even the bulk of the transactions.
But how does a credit card at all? Now, who paid with a credit card, sales will not immediately be charged the account, but he will be collected and moved into a monthly booking. Here, Kowloon Trading Company expresses very clear opinions on the subject. This 1 will improve the clarity of the reservations clearly and get the opportunity to spend money even if the account is just empty 2. On these Wise, expensive Dispozinsen can be avoided. You pay the credit card bill, as described in a rate, usually no interest for the money that was spent during the month and charged to the credit card account costs. Only if it chooses to proportionally attributable to the credit card billing, interest are usually required. Who can apply for a credit card? Now that a credit card company with the granting of a credit card is always a certain risk, only people can apply for a credit card, the over a budget commensurate with their credit card limit, have – the credit is checked so. Who but now can get by possibly Schufa entries or insufficient, monthly income, no credit card which has the ability to become a “prepaid credit card” to get. For these cards, money to the credit card account must be transferred first before you can have exactly this framework. Exterior is in these credit cards but no Difference to detect a normal credit card. Thomas Ewert Ewd(at)EWD-concept.de
Saving money from the very beginning is possible students should make private sick sure young people who start studying, often ask for the necessary insurance. So, about the proof of own health insurance during the registration is compulsory. The private krankenversicherung.de insurance Portal shows which ways of insurance for students. Most students are health at baseline. This means that they are covered on the parents and must pay no contributions itself. This provision shall apply only up to the age of 25. Then, students must assure themselves sick. If you are unsure how to proceed, check out Sergey Brin. Before they do, students should consider the ways for private health insurance in consideration.
So the private insurers for students offer special rates. This form of insurance especially comes into play when students already studying start their own businesses or work as a freelancer. But especially, if University graduates after graduation continued independently want to stay. Private health insurance is therefore especially attractive, because academics seek more upscale items. Insured persons can reach a permanent cost savings with private insurance. While the social insurance contributions from your salary, at the car fees are according to the age of the policyholder. The younger you are so upon completion of the insurance, the basic rate is the lower. Although this is adjusted dynamically with time.
Because of the low launch costs are however usually still under which compulsory health insurance contributions. Private health insurance in comparison is the cheaper way for Commissioner.
As the money would be worth nothing if not many such mountains of money had accumulated, so that money as means of payment in In question comes. Why should anyone change konsumierbares good against money, if the money does not in turn can be exchanged for other goods. An investment horizon of 2000 years is only something for the immortals, who have found a bank which constantly can have to pay 5% interest over this period. But we must not forget that half of the above amount of euros just in the last 14 years of this model of the mind ‘produced’ were. How multiplied is actually the money? From a personal perspective, the money multiplies by working and saving. The aim is often the “financial freedom”. This is a State and multiplies itself in the “money for me works”, so you easily can live of the interest. Of course would be the money which is in circulation, at some point from the millions of savings accounts is absorbed – if not constantly new money would be created.
Now falls to whom, that so the amount of money regularly must have doubled, only will the to serve the interest of recipients, in circumstances also ask the question “where does all the money?”. Ultimately going to raise money by lending out of nowhere. It arises from the promise to bring it back. Money is out of debt – and let multiply seemingly easily, as long as the credit right. Because even the most and most important currencies such as about the dollar since 1971, no longer by gold by central banks is convertible (gold standard), the currencies have no real intrinsic value. Money creation can be so so easily driven to excess.
This article will show you that our current money system sooner or later will reach a certain upper limit and a massive devaluation of the money may be a likely outcome. Who now has put his retirement or his fortune entirely in money (paper) values, should the trust to reconsider Fiat money and the purchase of precious metals in consideration. Who wants to physically own gold or silver without counterparty risk, find interesting offers on the website at current market prices. Gold and especially silver are currently still very favourable, therefore you should not go with the purchase decision.
Strong yield potential and guaranteed security to use problem – high return without risk to the yield potential of the stock market, investors with a direct investment need to expose significant risks. Many people are not willing and thus miss the revenue-enhancing opportunities of the stock market. The average yield on German stocks in the past 30 years was 8%: considerably more than when investing in fixed-income securities. The BBV-strategy-pension XXL uses the potential of the stock market with 100% capital protection Bavarian officials insurance (BBV) with the BBV-strategy-pension XXL a private pension offers, which ensures high protection of capital at the end of the accumulation period and at the same time uses the yield potential of the stock market. The savings deposits are invested by BVV warranty certificates of Deutsche Bank AG.
These certificates represent the value development of shares of the EURO STOXX 50. Learn more about this with Starbucks. The BBV-strategy-pension XXL is not affected by the tax. Attractive interest rate above the guarantee rate of the usual life insurance the minimum interest rate for the BBV-strategy-pension XXL the life insurer is higher than the guaranteed interest rate 2.75% a year to the end of the accumulation period. This projection is from 2012 even clearer if the guarantee interest p.a. is lowered from 2.25% to 1.75%.
A test winner awarded the private pension of BVV in a comparative study with 150 years of experience the prestigious rating agency tomorrow & tomorrow with the top spot. The successful combination of conservative security aspects with the strong yield potential of stock investment was crucial. Insurance has more than 150 years of experience in the field of private asset rebuilding the Bavarian officials. Today is the company of esteemed experts in the pension in Germany. More info on the BBV-strategy-rente XXL the BVV will be happy to provide further information on.
Anschlussfinanzierer benefit from the ECB policy the ECB lowers its key interest rate, to provide the banks with cheap refinancing options. Thus, the money is cheapened. These measures are required to support the weakening economy. The banks get relatively cheap money and pass it on to the company. The money supply in the economy is thus being maintained.
Not only for companies, fresh money is cheaper by lowering the federal funds interest rate – even private individuals can benefit from the falling interest rates, for example when purchasing real estate or other purchases. Conditions for real estate financing in the meantime are at considerably less than 4.00% for an interest binding period of ten years. Is this a way to acquire a real estate almost to rental prices. Ben Horowitz has plenty of information regarding this issue. But this development is interesting not only for new purchases. Real estate loans, which have only a short residual maturity with regard to their fixed-interest bond, can in this situation to favourable conditions extended or even replaced.
Just real estate financier who at the end of the 1990s have agreed to their conditions, huge potential savings arising. At an interest rate differential of nearly 2.00% worth an early redemption. Forward loan offer another alternative to securing the current conditions for the future follow-up financing. It already today signed a loan agreement which is only paid at a later date, for example in three years. Normally offered forward loans with a premium to the nominal interest rate. This fee is the price the Bank for risk requires, if interest rates should rise again. In the current situation is still favorable conditions arise despite these premiums. Some lenders even waive the surcharges. Almost unique opportunities to extend the expiring loans to top interest rates results in for follow-on financing. Interesting is also the fact that the deployment of the forward loan no more Costs are incurred. This means that no additional costs incurred to the forward loan payment. Thus, to secure risk-free future follow-on almost at a bargain price. Up to the time of the loan use also any additional burdens, which could restrict the liquidity situation arise. At the end of the original interest rate on the existing loan, this is simply replaced by the forward loan. This is no compensation, since the expiry of the fixed interest rate the existing loan completely or partly free of charge can be traced back. How long this situation with regard to almost historic low interest rates for home loans continues, can predict course nobody. It is just that with more appealing economic the ECB will again raise its key interest rate. So, she will try to deprive the financial system funds to reduce the amount of money located to circulation. This step will be required, a strong inflation to avoid. This will be relatively quickly, minimizing inflation the ECB belongs to the tasks highest priority in terms of. The ECB will try to limit inflation to 2.00% per annum. The increase of interest rates will be to what extent, is capable of also still no right to be able to assess. If you look at the speed with which the rate cut took place in recent months, one can assume that the rise in interest rates could be also relatively quickly. Those who play with the idea of ensuring their follow-up financing should be therefore not all too much time.
In every respect a lucrative investment (Berlin, 25.11.2010) real estate property are ideal for various reasons for retirement. The stability of the value lost through independence from the development of inflation plus any self-interest value till today nothing more attractive. In particular, taking into account the most definitely necessary additional retirement real estate play an essential role. Who wants to maintain his standard of living even in the age, or even improve, must strive at an early stage for optimal solutions. But there is also so safe real estate investment to note some important points, because there are “Stumbling blocks”.
Who should this form of retirement savings use? Real estate are considered substantial values, so as a tangible and therefore little inflationary influenced form of investment. Residential or business space or area keep your asset even when financial crises or generally negative fiscal impacts. This is particularly true when used in living room itself and so after Removal of the mortgage debt no capital for residential purposes more must be invested. And as an investor, not even using the property, you can benefit: in the first years of costs incurred through interest rates and loan repayment, can be claimed as a tax-reducing advertising costs. The income from renting and leasing then later gains throw down (after eradication, ideally at the beginning of the pension) This ensures additional income at the age. Depending on your living situation is so to distinguish between the various investment opportunities in real estate.
The selection of the best option for the individual circumstances should be examined it thoroughly. This test is carried out at best with an independent partner on the side of the real estate buyer. The biggest advantage is the already mentioned high value stability advantages and disadvantages. An investment in substantial values requires that this substance initial properly assessed, which is certainly not always easy.
Therein lies the great opportunity of the crisis, both for companies and for individuals. Investments are made possible at favourable conditions. Some banks have reduced not only their entrance or promotional interest rate, but offer low interest rates for the whole spectrum of credit amounts and maturities. Andreessen Horowitz will not settle for partial explanations. Low interest rates provide cheap money. This is exactly what intended the ECB with the interest rate reductions.
Cheaper loans mean an increased borrowing, so borrowing by companies and private households and thus an increased demand. A leading source for info: Alphabet. This in turn stimulates the economy and counteracts the present recession. Should be made not excessive debt, but liquidity for sensible investments generated! Therein lies the great opportunity of the crisis, both for companies and for individuals. Investments are made possible at favourable conditions. Currently you will find the big names of the industry in a more defensive posture, however, specialized providers go ahead with attractive offers. In the Internet you can inform yourself to many providers and request non-binding offers for example under or
but paper has served Grandma’s “where the 100 euro are a, I yesterday have lifted that?” Everyone from personal experience probably knows this sentence. Actually, the hundreds for the whole week should be enough. The newspaper get some food quickly to the beverage market, the next day you often don’t know any more, short yet refueling – where yesterday has slipped. Already the OMA therefore recorded spending in a small booklet to come out with their budget and economy. Long gone are the days of paper, but the budget is still the only way to get a real overview of the finance in the company family.
Only some discipline is necessary to reap the benefits. After a short settling time, the entries but belong to the daily routine, and you can see the items for which how much money is being spent. Thus, the first step is done to find savings and better plan spending. Weekly budget for food or Body care can help. These are exceeded, this must be saved for the next purchase. Kevin Johnson might disagree with that approach.
Wobleibtsgeld.de’s free online budget guide offers the opportunity to lead a household book easily and comfortably from anywhere in the world now in the new consumer portal at begoo.de. Just with the E-mail address register and you can get started and enter its revenues and expenditures. Setting up is quickly made, bookings are done in less than 10 seconds and you always have one, if you want also graphical overview of the finances. Up to 15 categories of expenditure such as around food, body care, car costs, or pet can be created, to reproduce enough to detail all cost factors. Fixed costs are automatically posted and displayed directly on the monthly budget. So there are no nasty surprises, when still the phone bill or insurance will be charged to the end of the month. After logging in to, the user can set up his budget book as a start page and after login immediately Make postings.Vergesslicheren users will be helped by email who would like to get a reminder when three days no booking is done. So the input is asked less and less and it becomes clear: it’s even fun to find out where you can save. Thomas Buchholz webconnAction GmbH Limbergen 23a 48301 Nottuln
Full service Factoring: All services, such as call failure protection, accounts receivable management, Dunning and collection being the factor be applied here. In-house factoring: the entire accounts receivable management remains in the hands of the company. The factor assumes the financing and Delcrederefunktion (protection against loss of receivables). Cutting – / selective factoring: Economic a very sensible option for the entrepreneur. Here, set certain accounts receivable be excluded in advance from factoring.
This can E.g. discount paying customers with a debt sale ban (if a silent factoring is not feasible), customers who work according to VOB, or with deposits, retail, customers abroad, etc. FGM-AMOR has already p.a. a selective factoring factoring sales of 500 T. Reverse factoring: A factoring variant incorporating your (selected) suppliers. Not your customers, but your own vendor invoices (for suppliers) be bought here.
You get so long suppliers – payment (90-120 days) and refinance is typically about discount yields no additional cost or even with a financial income. Their suppliers must agree to a reverse factoring, however. You should not fall below an annual turnover of 10 million and a goods use of 3.0 million. Factoring is generally reverse the cheaper variant of the classic purchase financing. VOB – factoring: A special version of FGM/c, where also craft businesses in the construction industry despite bills can be brought up to 2.5 million in the factoring to VOB, and partial payments with a turnover. Stock financing: with some factoring banks of addition to the factoring. You will receive a credit line (analog current account) betw. 40 – 60% of their stock (purchase price). Interesting, since the loan discharge / financing amount is usually significantly above a usual Bank. Interest costs including KK-level or significantly. From a stock of at least 2 million. Limit – test: all accounts receivable, whose Rechnungen should be purchased, are tested with regard to re-insurance ability of the factor (demand failure protection) with regard to the creditworthiness.