How to Make Borrowing Money Work for You

Reduced Costs

With this method, there is middleman in the mix. This reduces your costs because there isn’t another entity making a profit. When there is a middleman, the lender isn’t taking a reduction on what they earn from each loan. Instead, there are higher rates to cover what they must now pass along to the 3rd party. It is in your best interest to stick with someone you can work directly with.

Higher Amounts

Most installment loans bad credit direct lender opportunities mean a higher dollar amount you get to borrow. This is important as too many lenders have a low amount they can extend to you. That doesn’t solve your problem, and you still have a need for money. Taking out more than one loan isn’t a good idea. It can be very difficult to juggle both and to stay on top of those payments.

Being able to borrow a higher amount can put your mind at ease. It can give you the funds you need very quickly from only one lender. It can allow you to put the emergency need for the cash behind you. Being able to focus on your tasks and to get a better night of rest is very enticing. Life can toss you curve balls and most people don’t have money in savings to be ready for it.

Flexibility

Being able to borrow money on your terms is a great way to get back on track. Most installment loans bad credit direct lender providers have flexible terms. This allows them to be able to successfully lend money to just about anyone with ongoing income. Since they loan the money directly, they have control. They can cut the requirements to get someone approved.

They can accept more types of income including self-employment. Some lenders only accept certain types of income and they must you to have a certain amount of income. Both of those requirements are tossed out with installment loans bad credit direct lender providers.

Repay with Ease

Never get in over your head with the loan. You don’t want to create a larger issue than you had before due to not being able to pay it back. Find an installment loans bad credit direct lender offering payments that realistically fit into your budget. Some will allow you to set your own payment amount and payment intervals. This can be a wonderful option to look at.

Being able to pay back the money to an installment loans bad credit direct lender without damaging your other commitments and financial responsibilities should be a priority for you. Only borrow the dollar amount you really need and strive to pay it all back just as fast as you can. It is going to feel great to pay off that loan!

You will also set up a relationship with a lender that can trust you to pay back money again in the future. They may be able to extend a larger amount to you in the future if you need it because you have a great history with them. Strive to find a lender with terrific terms, lower interest rates than their competitors, and a very simple process for getting the money to you.

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What You Will Need to Get Small Business Finance

Poor credit is no barrier to small business owners wishing to obtain business finance. When a small business owner plans to expand business and finds that he has already used up available sources of funding and getting additional finance through regular sources may be too time-consuming, then finance from “non-conventional” sources may be a better option.

What would be the requirements for a business owner to obtain small business finance?

A running business

Startups are precluded from obtaining this type of finance on soft terms. In order to be eligible, a business must be in operation for at least a year.

A minimum amount of sales per month

Someone who has started the business recently and is generating revenues of less than $ 10000 by way of credit card sales may not be eligible for small business funding unless the case is assessed and considered on other grounds such as a potential for growth that the owner can justify and support.

Documentary proofs

Small businesses are usually proprietary types. A business owner, even one with poor credit, should not hesitate to obtain small business capital even if it means paying a higher interest amount because it can help him get back on track to fast growth. The documentation is minimal. He needs to submit proof of ownership. The other documents he must provide are bank statements for the previous six months, proof of identity and proof of residence.

An applicant may wish to get small business finance within 3 to 5 days for which he should apply online and keep ready scanned copies of the above-mentioned documents. These may be uploaded along with the preliminary application. Should the application be approved he may be required to furnish printed copies.

What is not required for the small business loan?

• An applicant need not have a stellar credit history.
• He may not have to furnish collateral or mortgage property.
• He may not have to furnish a guarantor.

It is fast. It is easy. However, there are a few things to keep in mind. An applicant must consider the factor rate applied. This is a fancy term for rate of interest though it is not specifically so mentioned. Repayment may range from 3 months to even as long as 36 months and it is tied to the credit card sales as a percentage of daily turnover or a fixed monthly amount. Should sales be high repayment is completed in a shorter time. In real terms, an applicant may end up paying processing charges plus interest that can be as high as 50% because the loan is unsecured. The best thing to do is to examine the offer and obtain such funds only from a lender who does not charge anything upfront, no processing charges and applies a moderate interest rate.

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Several Benefits of Taking Loans

Loans are quite common today. To define the process of a loan it can be said that it is the funding that helps the companies can use to buy raw materials, machineries or other things when they do not have the required amounts.

There are several kinds of loan options available for one to choose. Not only business loans one can also avail personal loans which are best to fulfill the individual needs of the person.

Types of loans-

Small business loans

These are given out to the new entrepreneurs the advances that they can use to start a new business or extend an older business.

Payday loans

These kinds of loans are given many to the employees of an organization or an office. The loans are small in amount and have to be repaid to the financing company within a short period, not extending a period of six months.

Personal loans

Whether it is for paying his bills or for buying a new motorbike or an electronic gadget he likes, a person can apply for a personal loan. Of course, the amount is sanctioned to him on the pursuit that he has a good credibility score and is willing to repay within the time frame set by the financing organization.

Mortgages

These kinds of loans are given out in exchange for a property which the borrower is ready to risk. Failing to pay back the loan amount causes the person to give away the property to the fund providing organization.

Student loans

If a student wants to continue further study but is unable to do so because of inadequate funds, he/she can take a student loan. This loan will pay off all the fees of the institutions and he/she can repay back the money in installments within a stipulated timeframe.

Why one should take a loan

• Anyone, be it a person, a student or a company can apply for a loan.
• The owner of a company does not have to arrange the money from his own.
• The process of getting a loan is hassle free. The borrower can get a loan from any of the financing organizations, banks, etc.
• The repayment options are easy and within the reach of the common citizen. The interest rates are low.

There are several organizations that supply loans to both new and existing entrepreneurs. These are banks, government organizations, and financial organizations. They provide both short loans and large amount loans to make the process of the needs much easier.

So, whenever you decide to take a loan make sure that you know all the terms and conditions related to the same and then proceed accordingly.

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How to Turn Your Weightlifting Hobby Into a Profession

Weightlifting is generally broken down into various categories – bodybuilding, powerlifting, Olympic weightlifting, and general health and fitness pursuits. And while each varies in philosophy and execution, weightlifters in general share one common trait – they love workouts and time spent in the gym.

In many cases, if not most, successful weightlifting also involves weightlifters getting enough sleep, maintaining a healthy diet, and using various vitamins and supplements to keep them healthy and maximize the results of their weightlifting.

Sound familiar?

So tell me, does it make sense to put in all that effort, to craft a healthy mind, body and lifestyle, just to then spend 40 hours a week in a job you hate? Or even in a job that’s OK, but still brings stress into your life on a daily or weekly basis? We all know stress can be bad for the body and the mind, so why go through it to your detriment in order to make someone else wealthier? Sounds kind of counter-productive to all your healthy weightlifting lifestyle, doesn’t it?

What if there was a viable alternative?

Fortunately, there is! If you’ve been weightlifting for a while successfully, you’ve no doubt noticed beneficial changes in your strength, energy, body shape and general attitude. And those around you, in the gym and out, have likely also been noticing and commenting. People are starting to ask how you lost weight, tightened up your midsection, built more muscle or have the time and energy to maintain your fit lifestyle, aren’t they? And therein lies the answer to the work/lifestyle conundrum…

Millions of people around the world go to the gym regularly but aren’t getting the same results you are. They may not have the knowledge of proper weightlifting procedures, they may not know which exercises are best to meet their goals, or they may not even have set specific goals yet, leaving them unable to gauge what works and what is wasting their time.

And for every one of them, there are 5 – 10 people outside the gym who want a healthy lifestyle, who want to lose weight, who want to be stronger or just generally want to improve their body before venturing out to the beach in their newest bikini or swim trunks. Many of them are intimidated by the idea of going to a gym and want to train at home, but they have no idea how to start. Others aren’t intimidated, but they aren’t overly motivated – yet.

Easy to see how YOUR weightlifting, diet and lifestyle knowledge and experience can help them, isn’t it? Fortunately, you can start building your personal training business part-time, investing as much or as little time each week as you have available, at any point through the day or night that you choose to work on it. And unlike a lot of other home-based businesses, you have a great deal of control over how fast your business grows.

Start by doing some quick research online to see which certification best suits the style of weightlifting you want to coach. You might want to start with training to become a Certified Personal Trainer (CPT), a Certified Fitness Instructor (CFI) or even a nutrition coach. Over time you may want to get all three along with other, more specific certifications, but for now choose the one that’s most directly related to the type of weightlifting you yourself love participating in. You’re more like to stay motivated and complete the certification if you love the subject, and you’ll also be learning new information to help your own weightlifting results.

While you’re working toward your first certification, set up and start posting to your own health and fitness social media accounts. These will be your ‘store-front windows’ to the weightlifters and wannabes, so don’t skimp – at a minimum set up profiles at Facebook, Instagram and Twitter. If you’re already a member or know of other social media sites you’d like to use, so much the better.

From this point on, make sure you’re in compliance with any local laws and bylaws regarding home-based businesses, and speak to your insurance professional as to whether you need liability insurance when dispensing exercise instruction, especially with the potential hazards for people new to weightlifting whether they are training at the gym or training at home.

While it’s not necessary to have your weightlifting certifications to start training people, it certainly adds to your credibility when getting started, at least until you have some success stories from your initial weightlifting clients. But you can still do a lot to launch your business while you’re still working toward those certifications.

Are you going to set up a private training area in your garage, basement or spare room? Or are you looking to train people virtually, providing them with the necessary guidance through video chats and pre-prepared workout routines tailored to their goals? Either way, let the word out that you’re looking for a couple of weightlifting friends or acquaintances who are looking to get started or get better results, and that you’re willing to train them for free or a reduced fee in order to be able to use them as examples of your training prowess.

And from there you’re on your way to your own home-based business, turning your weightlifting hobby into your profession. As you garner more certifications, more clients, and a bigger social media following in the weightlifting and fitness industry, you’ll find your knowledge, results, reputation and income can all increase regularly in line with the time and effort you invest in your new home-based business.

At some point you’ll be able to decide to keep it part-time or go full-time with your weightlifting coaching – and whether to continue to do it as a home-based business, set up your own personal training gym or make arrangements with a local gym to take your business there. In any event, you’ll have the joy and satisfaction of knowing you turned your passion for weightlifting from your hobby into your profession, letting you operate on your own terms at your own schedule in a home-based business in a field you’re already truly passionate about – weightlifting!

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4 Advantages of Hiring a Virtual Assistant

First of all, let us try to define what a Virtual Assistant is. For me the simplest definition of a Virtual assistant is someone who delivers administrative support to a certain client remotely. Although the most common task of a VA is any admin jobs, there are also several tasks a VA can do namely; SEO Specialist, Technical Support, Real Estate Manager and many more.

Basically an experienced Virtual Assistant can do almost any online jobs available.
But why does this type of work exist? Is it wise to hire a Virtual Assistant? What are the advantages and disadvantages in getting a VA. I have listed 4 items that I think could give you an advantage in getting a Virtual Assistant.

1. Extra time for Family

Time is something that we cannot ask for more of however we can always manage it. Whether you are a regular employee or a business entrepreneur, you always spend more than 8 hours in the office. Because of this fact, your responsibility to your family is being compromised.

Hiring a VA can greatly save your time as you have now the liberty to delegate your tasks. You then have enough time to spend to the ones that matter most your family.

2. Lessen your Business Cost

This is perfect to businessmen who are just starting up their businesses. Regardless of which field you are into, starting up even a small business can be extremely costly. Not to mention the competition you are going to face. In this digital era, making an online presence is almost a must and acquiring the needed skills can eat up your time.

Getting an SEO Specialist can greatly help your business to be noticed digitally. SEO Specialist can also save your time and money so you won’t have to enrol to any SEO school to acquire the said skill.

3. Focus more on Business Operations

Regardless of how old or how young your business is, you still have certain operations to manage or look into. Not only that, you also need to keep an eye on your finances, clients, suppliers and the like. My suggestion is to get a VA and offer online jobs.

That way you can manage your operations, finances and everything closely. This could also give you an ample time to decide on your next steps towards the success of your business.

4. Limited Software Skills not an issue

Nowadays, there are a lot of new software for businesses that are introduced in the market which you don’t have any idea of manipulating to. These software have only one thing in common and that is to make your work life and operations easier.

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Financial Analyst Certification

If you want to get training or begin a career in the finance space, there are many options available to you for that training. I want to share with you the differences between traditional training opportunities and some of the modern day options that are available to you, because I think people don’t realize the differences there are between the different options available to you.

There is the traditional option, a college or university. Traditional schools can be great for community, for growing up and maturing, learning things and meeting people with similar interests to you in whatever type of schooling you are enrolled in, or have completed in the past. There are many downsides of traditional campuses as well. For example, most campuses are filled with professors who have very little, if any, real world experience in the area you are looking to focus in, and when you graduate, you will not be turning in homework assignments, you have to go out into the real world and know how to do real world functional things. If the person teaching you has never done those things or hasn’t done them in ten or more years, how can they really effectively prepare you for the real world?

To solve that obvious downside of being taught by people that don’t have that real world experience, there are often times career advisory centers. There is typically maybe one advisor for every 1000 or so students, and sometimes when you would try to meet with them, there was a huge rush, and a stressful situation for them because they are so overloaded, that you really wouldn’t get much help from them in most cases. In fact in my case, out of all of the advisors I’ve had in college, and all of the professors I’ve had, there was probably about three people, that had real world experience, and gave me real business career advice, strategic advice, for being successful in business. So even though I learned a ton at these traditional schools I attended, it was really just a machine teaching me standard text book information. Not very many people there, including the advisors, really took the time to give me practical advice, or mentor me, or give any real practical value to me.

I’d like to share with you the difference between that situation, and what’s available to you today over the internet. The main difference is how stale and unpractical information can be if you just learn it in a traditional school. If you learn something in school, over time the value of that knowledge will go down. They say that after 7 years, the value of your degree goes down in value drastically. That’s because what you learn gets outdated, that’s natural. Also, once you graduate, you slowly forget things. You may have a stellar alumni association and some great events, but most alumni associations don’t give you lifetime access to the video content of those courses you had taken over the years.

If you take a program online, many programs will give lifetime access the material, so that over time, you can increase your knowledge. They are always adding content to their video and audio archives. At the very least, you will be able to maintain the level of knowledge that you ended the program with, because the content is constantly updated. The big difference here is that it is very inexpensive for an online university, or online training institute, and online platforms to add more videos to your lifetime access of video content on a particular topic, like financial analysis for example. Over the course of even 10 or 15 years you can always go back and login and watch those videos prior to a job interview, or if you need to brush up on a couple topics before meeting with a client who specializes in a niche area, you can login and watch those specific videos. This is something that I think is revolutionizing online education, because what it is doing is making it so that after seven years you can have the same level of knowledge, if not twice the level of knowledge if your online education provider is constantly adding more audio and video resources to the platform that you have alumni access too. This might sound like a small detail, but to those of us that constantly want to push ourselves to learn more and increase our specialized knowledge in our niche area, it is very valuable and can make a big difference.

The last thing I want to discuss is alumni career coaching, and participant career coaching. If you go to a traditional university, often times the advice you get is kind of cookie cutter, not something that is specialized to your situation, and often times career advisors just don’t have much time to spend with you. In many cases with online universities, because they don’t have the high overhead costs, they can utilizing more of their resources in ensuring that they have great career advisors, with niche experience in the area your being trained in, such as financial analysis, financial modeling, investment banking, hedge funds, private equity, and have real world experience. That is really the difference between lots of online programs, and universities that try to hire people that only have PhDs and ten years of publishing research in scientific journals that nobody in the real world reads. In online education, most of the time it’s practical people being hired, it’s VPs from Intel or Microsoft, its people who actually work currently inside of hedge funds or inside of large leading investment banks, that’s usually who is recruited for online training programs in finance. When you go to a live, full-day workshop training program often times that is from somebody who has a lot of practical experience, not a professor, a PhD with no real world experience.

I don’t mean this to be a negative for professors or PhDs, I’ve learned a great deal from them, but I think when it comes to learning something that’s really going to make a huge difference in your career, and you’re getting down to where you know what you want to do with your life, you know you want to specialize in finance or financial analysis and you really want to move forward with niche industry specialized knowledge, you need to really look at online education options.

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How To Fund Your Irrevocable Life Insurance Trust

The purpose of an irrevocable life insurance trust (ILIT) is to keep the death benefit of life insurance on your life out of your estate so as to eliminate the estate taxes that would rob some of those proceeds when you die.

It keeps it out of your estate by the trust owning the life insurance policy on your life. If you own the life insurance policy on your life, then the policy’s death benefit will be added to your gross estate when you die, and thereby increasing your estate taxes.

You can fund your ILIT with a life insurance policy either by having the ILIT buy – and therefore own – a new policy on your life or have you transfer (i.e. gift) ownership of your existing policy to the ILIT. If you transfer ownership of your own policy you must live three years after the transfer or else the policy remains in your estate at your death.

-Funding a new life insurance policy on you owned by your ILIT:

The trustee of your ILIT will sign the application for the new policy. But, of course, you’ll have to qualify for the insurance policy – if you can.

The ILIT will be the new owner and possibly assigned as the beneficiary in favor of its beneficiaries which you assign. Be sure that ILIT is in existence when the policy is issued so you’re never considered the owner – even temporarily.

The ILIT’s ability to pay premiums can be funded by gifts you make to the ILIT. Remember you can gift up to $14,000 (2014) per year free of gift tax.

-Funding your ILIT with your existing policy:

Here are the steps to take:

* Get an employer identification number (EIN) for the ILIT. You can do this at the IRS website.

* Get and complete: a change of owner/assignment form and a change of beneficiary form from your insurance company. You’ll need to have you -as owner- and the ILIT trustee sign the forms.

* Submit all forms to your insurance company

* Confirm that your insurance company has made the changes.

* Store your ILIT’s policy with the ILIT documents. If premium payments are still due on your transferred policy, the ILIT trustee can pay them with your yearly gift to the ILIT.

Remember that the purchase of life insurance involves costs, fees, expenses and potential surrender charges and depends on the health of the applicant. Not all applicants are insurable at the time they apply. If a policy is structured as a modified endowment contract, withdrawals will be subject to tax as ordinary income and withdrawals prior to age 59 1/2 are subject to a 10% penalty.

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Funding College by Trading Weekly Options

The cost of education, just like everything else, has gone up significantly in the past few years, and students are finding it increasingly harder to get a quality education without putting themselves in debt of thousands of dollars. Elite universities are nearly unaffordable for most, and scholarship programs are failing to meet the needs of the students who require financial aid to pursue further studies. In such a time, I found myself with twin daughters who were all set to start college, but with no substantial savings on my part that would cover their tuition fees. I felt it was my responsibility to provide my daughters with an education that they chose, and that was when I discovered about daily options trading. A close friend of mine introduced me to options trading and told me that it could help me in this regard. So, I jumped at the chance.

Master the basics of trading weekly options in a short time

Trading weekly options is an art. You can master this art in a short time and with little effort. There are programs available which you can utilize to quickly learn the basics of trading. The more you learn about weekly options, the better prepared you will be to handle the trading. There are several webinars offered that you can use to gain expertise over options trading, and you can join any such program to quickly become an expert options trader. If you are truly interested in becoming an expert weekly options trader, then joining a premium course that teaches trading weekly options is one of the fastest and efficient ways to accomplish this.

Handle your college expenses and start your life debt free

Student loans make it very difficult for fresh graduates to start their professional careers without any hassle. The loans severely limit their options and may even force them to compromise with their career choices. Become a weekly options trader and you will have plenty of expendable money that you can use to finance college for your children.

By learning trading options, you can ensure a loan free future for your child. The extra income with options will be enough to secure the funding for college fees and expenses. Even part-time trading income with options will significantly improve your financial condition. This will give your children a chance to pursue their studies without thinking over financial problems all the time. Quickly learn how to trade weekly options for maximum profits and you will never have to rely on anyone for the college education of your children. Become a weekly options trader now and carve out a brighter future for your family.

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Benefits of Credit Card Machines for Business

Other than credit card machines, technology has produced many notable effects, including the credit card machine. In the 21st century, people open themselves up to technology from the very center of their being. It has the added benefit of leading to an increase in the use of credit and debit cards. Additionally, the coronavirus’ arrival has also contributed to the increased use of contactless transactions. EMV cards are replacing magistrate premium cards. EMV chip cards give you the ability to make contactless payments. The merchants must have advanced payment terminals to accept such payments.

Credit and debit cards are used almost exclusively in today’s business world. To take your business to the next level, you must associate it with a credit card machine. The processing and payment services you need for online sales include a merchant processor that provides you with an online payment gateway. There will always be online modes that people will prefer to use, regardless of the volume of transactions. As a result, you have to use an advanced piece of equipment, such as a credit card machine, in tandem with your business.

Advantages:

Just because we’re living in the 21st century, it’s impossible to conceive of life without modern technology. A large number of businessmen prefer to stick to established business models. However, sometimes you have to alter your plans according to the current situation. This means that you need to be one step ahead of everyone else in the business. You will lose customers otherwise. An establishment that gets access to a credit card machine will enjoy countless benefits. Listed the benefits; so, don’t miss the following:

Obtain Legal Recognition for Your Company:

Accepting card payments using digital payment terminals is a legitimate business practice, so it should help your company a lot. The card brand name will be printed on the POS, and thus the customers will have no problem noticing it. This logo will be featured on the same online marketplace as well. The greater the number of customers from outside the country, the more money you’ll make.

Increase Your Profitability:

To accept various forms of payment, like credit cards, Google Pay, Apple Pay, and more, use a credit card machine at your business. Creating a positive impression on your customers is quite simple, but it also keeps your customers loyal. A credit card machine, thus granting flexibility in the ecosystem of online payment, provides customers with many payment options, thus allowing them to pay bills in various ways.

How to stay ahead of the competition:

Many businessmen have not yet fully embraced digital equipment, making small-business models in the early stages of transition. To accept online payments, your business equipment must be upgraded. If customers are no longer carrying cash, you can outpace your competitors. Research has shown that when customers use their cards to make a purchase, they spend more. Additionally, because you will make a substantial profit from accepting card payments, it’s highly recommended that you do so.

Cash Flow Improving Measures:

The customers’ card payments get settled quickly when they pay with a card. Everything is done electronically, so you don’t have to go to the bank to deposit the money. Additionally, you don’t have to wait for customers to pay you. Your cash flow will thus improve.

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Are You Choosing the Right Stock Market Advisory Company

What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.

If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:

How much assistance do you actually require?

Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.

Choose a top ranked advisory company

It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.

Asking for a sample financial plan initially makes sense

When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.

Conclusion

The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.

Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.

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