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September 2021

News

Your Rights as a Pedestrian in Accidents in Virginia State

Virginia is known for its tough legal framework deploying fault-based mechanisms to deliver justice to accident victims. The framework essentially works in favour of pedestrians during collisions with motors. For example, a motor driver is expected to look at all sides, and make way for pedestrians on the road. This is even true in odd cases wherein people backup their vehicles without noticing pedestrians. Apart from the legal fault, the motorists is also expected to bear responsibility for taking the pedestrian to a nearby hospital, and provide all assistance to make them feel better. Hence, if you have experienced a collision with a motor, be sure to hire a local injury lawyer to seek appropriate compensation. Below are some ways to safeguard your legal interests in such cases. Feel free to visit tomjacksonlaw.com to read free legal expertise on various issues. 

File a Report 

In cases of accidents with pedestrians, the motorists are expected to file a report with the police immediately. This is an important distinction from other collision cases, wherein both parties are expected to take moral responsibility to inform authorities. If you have been hit with a car, be sure to also photograph the site. If the site is a private property, police, and other authorities often do not write citations as backing up from parking lot is a common menace in many places. However, those filing a report in your case are essential for you to file charges to gain rightful compensation. 

Collect Information 

Collecting information is essential after a collision. After a catastrophic collision, you may not be in a state to do this. However, coming back to the site at a later stage, and speaking to witnesses, collecting their phone numbers, gathering information about insurance of the other party, speaking to their lawyer, and third parties like insurance is essential to build your case. As mentioned earlier, while the legal framework remains sympathetic to pedestrians, it does favour pedestrians when it comes to attributing blame in any way. Hence, you will have to prove beyond a reasonable doubt that the other party was at fault. You can achieve this with photographs of the parking space, if applicable stop signs, witness testimonies, and more. 

Speak to a Local Lawyer

Accident investigations are often a tough nut to crack to gain compensation. One hand, during accidents very few individuals are able to collect good information after the collision. Moreover, the burden lies on the defence to prove that the other party is guilty, and they deserve compensation for their injury. Furthermore, accidents much like other personal injury compensation claims are often dictated by local laws, custom, and ability to navigate the legal process. 

Hiring a local lawyer like Jackson law firm can also help you gain a realistic estimate of your repair, medical, and other costs. The firm is active in most counties in the Virginia state including Floyd, Carroll, Grayson, Bland, and many others. You can visit a website to arrange a free counselling session. 

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Finance

Financial planning to help with your Investment funds

A big part of your financial planning is to learn how to invest right. Without a proper plan, one may reach a point where investments no longer yield the expected results. At times the amount of information available regarding various investment opportunities can turn into a challenge in itself. Understanding and choosing the right investment can indeed be tricky.

Newcomers especially may find the overload of information quite tough to comprehend. Certain challenges that all budding investors go through are :

  • The uncertain market
  • Understanding the risk factor
  • Choosing the right option

Having an application or a tool that can help with these challenges and guide an individual regarding his/her financial choices can be quite handy especially at the beginning. Mutual funds should be selected by you based on your plans, be it short-term or long-term in nature. Today you have investment-based apps that help you select the best options concerning your financial goals.

SIP is the smart mutual fund tool preferred by a lot of individuals nowadays. Essentially, it is a mode of investing where you fund a small portion in regular intervals. In this way, there is less fear of risks since a huge sum of money is not invested in the beginning. One can start a SIP investment where he/she invests a small portion of their income in regular intervals which helps provide accountability and also adds financial discipline.

The volatility of the market can be taken into consideration while choosing a SIP. If the market seems shaky, one can fund a small amount and if the market is seeing a promising trend, a larger amount can be invested to take advantage of the situation. A SIP investment helps beginners to navigate their way through a long-term investment plan. This is something that normal lump sum investment funds cannot provide.

Choices may overwhelm an individual. A variety of funds are available in the market to invest in, thus picking out viable options that have the potential to provide monetary gains is challenging indeed. A proper financial plan can help in this process. Deciding whether the investment needs to be short-term or long-term is a good place to start. Analyzing the risk factor and then deciding the portion of the money to invest in the next challenge. These challenges can be made easy with a good financial planning app to mentor an investor during such decisions.

SIP investment is one of the many avenues one can invest in today. Investing is a process that has its hurdles and thus no one should get into it without a sound financial plan. Investment funds are available in plenty and planning every step of the investment is mandatory to reduce the risk of the uncertain patterns of the market. When it comes to mutual funds for beginners, SIPs are one of the ways to get started.

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Trading

CTmatador Review – Is This Broker Any Good?

CTmatador Review

The broker with which I am going to introduce you today is CTmatador. It has received great responses and feedback from traders from the very beginning. The reason behind its popularity is the innovation which it has brought through its trading platform, which is specially designed to facilitate cryptocurrency trading. In this CTmatador review, I am going to tell you how this broker is a guarantee for your success.

In the previous 4 to 5 years, the trend of CFDs and cryptocurrencies has increased sharply. The reason behind this trend is that traders find it easy and more profitable to start cryptocurrency trading as compared to other trading instruments. This trend has increased traffic on new brokerage platforms because older brokerage platforms couldn’t update themselves on time. In this situation, CTmatador sincerely provided its advanced services, which led it towards great success.

Marvellous Trading Platform

It is a point where all experts agree that no broker can prosper if its trading platform is not up to the mark. Being an intuitive brokerage platform, CTmatador gave special importance to its trading platform. As a result, it has succeeded in providing a platform that does not feel difficult at all. Some people say that they felt like they had been trading on this platform for a long time because everything there is well sorted and easy to find. Not just easy to use, it is also eye-catching, and the users don’t feel it boring. Many fascinating tools are provided on this amazing trading platform which automates the whole trading process.

Various Trading Instruments

In today’s world, not just the brokers but the traders have also changed. No trader is completely unaware of trading because everyone has access to the internet. Traders know that investing in more than one trading instrument increases the percentage of profit. CTmatador has considered this point and provided all trading instruments on its platform from which traders can select one, two or even all the assets. The trading instruments provided on CTmatador include Stocks, Indices, Commodities, Bonds, Forex, CFDs and Cryptocurrencies. All these instruments have further various trading assets. For example, in Cryptocurrency trading, you can trade Bitcoin, Ethereum, Ripple etc.

Customers’ Assistance

As I said earlier, traders have access to the internet, and they can find answers to many questions there. But the internet is a broad spectrum, and a trader may not know where to search or how to search a particular question. Keeping this in mind, CTmatador has created a team of learned traders who remain available for all their customers to help and give advice. To contact the broker, you can use any of the methods given on its website.

First of all, you can fill the contact form to send your problem to the customer support team of CTmatador. Secondly, you can visit their head office in London to personally discuss your problem with them. Thirdly, the broker has provided two email addresses that you can use to get a quick answer to your question. One email address is given for those who want support regarding any issue faced on the trading platform. The second email address is purely created for those clients who want to seek information related to any kind of topic related to online trading.

Other Features

Other features of this broker include the education section, security policies and multiple account types. The education centre is designed to equip its traders with all the basic knowledge about cryptocurrency trading.

Online trading possesses an element of risk which is why CTmatador has implemented the most widely acknowledged security policies to ensure the safety of their traders in respect of their money and information.

CTmatador provides multiple choices to their customers when it comes to selecting a trading account. It offers six different accounts from which the traders can select the one which better suits their choice as well as their pockets.

Final Remarks

All the features of this broker are so amazing that they can single-handedly convince the traders to sign up. Having all of these features in front, there remains no reason to neglect this broker. That is why I suggest you give CTmatador a try to start cryptocurrency trading or any other type of trading.

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Loans

Tax Benefits of Taking a Joint Home Loan

Many aspiring home buyers in India prefer applying for a joint home loan to enhance their eligibility and get a higher amount. Apart from being a feasible way to get the desired funds for home purchase, applying for a joint loan is a great way to get added tax benefits. There is no doubt that a home loan is an excellent tax-saving instrument, but do you know that when you apply for a joint home loan, both the co-applicants can avail of tax benefits individually. However, for the partners to get the tax benefits guaranteed under different sections of the Indian Income Tax Act, you must meet specific requirements.

One of the most critical prerequisites to get tax benefit on a joint home loan is that you must be a co-owner of the property. This means the property you have purchased must be registered in your name as the co-owner. There have been many situations where the property is owned by a parent, and they apply for a joint loan with their child who takes the responsibility of repayment. In such a situation, if the child is not a co-owner, they are not eligible to claim tax benefits.

Conditions that you must meet to get tax benefits on a joint home loan.

  • As mentioned earlier, one of the important criteria for claiming tax benefit on a joint house loan is that you must be a co-owner of the property.
  • Apart from being a co-owner of the property, you must also be a co-applicant of the loan as per the loan documents. Property owners who are not borrowers and don’t contribute to the loan repayment cannot avail tax benefits on the joint home loan.
  • If you have availed of a joint home loan for buying an under-construction property, you can claim the tax benefits only from the financial year in which the property construction is completed. You cannot claim tax benefits on an under-construction property.

What tax benefits are available on a joint home loan?

If the property you purchase is self-occupied, then each co-owner who is also a co-borrower of the loan can claim a deduction up to Rs. 2 lakhs in a financial year on the repayment of the home loan interest. This deduction is guaranteed under Section 24 of the Indian Income Tax Act.

An important thing to note here is that the total interest repaid on the loan is allocated to each co-owner in the ratio of the ownership. This means the total deduction you claim on the interest repayment cannot be more than the total interest you have repaid.

Let us understand this without an example. If you and your spouse have availed of a home loan and have repaid Rs. 4, 50,00 in interest in a financial year and you share the property ownership in 50:50 ownership, then you both can claim Rs. 2,00,000 while filing your tax returns.

Additionally, each co-owner can claim a tax benefit of Rs. 1.5 lakhs in a financial year on the repayment of the principal amount under Section 80C of the IT Act.

Final Word

Thus, applying for a joint home loan allows you to get greater tax benefits as a family. Make sure that you are aware of the tax provisions and benefits available to you and make the most out of it.

 

 

 

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Business

Few Reasons to Take on a cfd

A cfd is a complex financial instrument that allows you to invest in commodities without having any significant knowledge of the markets. There are many benefits to taking on a cfd, including diversification and stability in your portfolio.

In this blog post, we will discuss few reasons why you should take on a cfd today!

-Diversification of your portfolio – by taking on a cfd, you can diversify the risk in your investment portfolio. This is important because it allows you to invest passively and still provide a stable return for reduced volatility.

-Protection from inflation – commodities are used as an input into production all over the world everyday. As supply becomes limited due to higher demand, prices tend to go up which increases purchasing power!

Inflation protection provides extra value without adding additional risk or stress!

-The opportunity cost of not investing – The stock market has been experiencing phenomenal growth lately with both stocks and bonds near their all time highs. If we look at historical returns however, this could be very different going forward…

By taking on a cfd, you can diversify and protect yourself from market volatility.

Conclusion:

In conclusion, taking on a cfd can protect you from market volatility, inflation and help diversify your investment portfolio. We hope that this was helpful.

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Broker

Damkonet Review – All You Need To Know About This Broker

Damkonet Review

When it comes to trading, look no further than Damkonet. Every so often, we tend to hear stories about people making millions off of online trading, and of course, that can lead to envy, jealousy, and the fear of missing out (FOMO). Well, we are here to tell you that the biggest reason why these traders were so successful was that they chose the right broker. This is why we recommend that you read through this Damkonet review in order to get an idea of what this broker is all about and how it can benefit you.

Transparency

Obviously, when you choose to trade via a broker, you would want all dealings to be as transparent as possible. This is important as traders do not like to be burdened with hidden costs or any kind of unforeseen charges. When we used Damkonet, we were informed of all costs from the start. We were told that while trading, a small commission of 0.82% would have to be paid on all trades. However, this is the only charge that we had noticed, and there was nothing else that would warrant any concern.

Moreover, in the case of there being an unexpected charge which might seem a bit sketchy or unfair, you can additionally call customer support, and your issue will be solved in a very professional manner.

Training courses

Plenty of brokers offer educational material and various resources through which traders can read up on all of the basics and fundamentals of online trading should there ever be a need to do so. However, Damkonet really impressed us via its inclusion of ‘training courses’, which users are eligible to participate in through the company’s training centre.

Users will receive access to the training courses as per the account type that they would have respectively chosen for themselves, and the most beneficial aspect of this initiative as per our observations had to be the idea that you can actually attend these courses in person, provided that you chose the correct corresponding account.

Personal accountants

Apart from the training sessions, users will also receive help and guidance from personal accountants. These experts exist to help you with all of your daily trading activities and will provide you with some much-needed direction every now and then.

This is useful because no matter who you are or how experienced you may be, we all feel a bit directionless at times when it comes to trading online. Even after successfully completing the training courses, there is a chance that we could become stumped as the market is often changing in unexpected ways. In cases such as these, it is usually wise to listen to the advice of experts, who have taken the form of these personal accountants that work with Damkonet.

Trading platform

When it comes to Damkonet’s trading platform, you will find that it is much faster as compared to its competitors. This is critical as online trading can involve a lot of volatility which can help you earn or cause you to lose a substantial amount of money which is all dependant on how quickly the transactions can be completed. You would also ideally want to be shown the latest price updates and not outdated information, as acting on data that has already become out of date can lead to disastrous results.

Damkonet provides all of this and more, and users can even use its services via Android or iOS compatible devices. Lastly, Damkonet’s trading software offers an ICO calendar (or an adequate equivalent) that can be used to help keep track of all major and important events which may impact the financial markets.

Conclusion

So, when you take into consideration all of the previously mentioned information as well as ponder on each service that Damkonet provides, it would hence be easy to see why this broker is indeed one of the best choices out there at the moment.

We would like to mention, though, that online trading is often a risky endeavour and that caution should always be exercised. That being said, Damkonet’s training courses, in particular, can be of great help to traders and the personal accountants are there to help you too.

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Business

Should I Apply for A Small Business Loan?

When entering into entrepreneurship, you may need extra funds to start your business. And that’s where small business funding comes in.  Although starting a small business seems to be easy and cheaper, you’ll need an average of $ 1000 to $5000, and that’s not a small amount of money. But the fact that you don’t have all that should not stop you from pursuing your dream of having a small business. Instead, you should consider taking a loan.

Furthermore, entrepreneurs running businesses may need more cash to boost their business or keep the business afloat during hard times. Whatever the case, applying for a small business loan can make all the difference. Although there are risks involved, the benefits outweigh the risk. Below we’ve explained what a small business loan is, its benefits, and what you need to qualify for one, plus additional insightful tips on small business funding.

What are Small Business Loans?

Small business loans refer to funds sourced from lenders, including banks, and need to be paid back with interest. That’s the most popular strategy for funding a start-up.  The good thing about taking a start-up loan is that they do not attract high-interest rates and have friendly payment terms. There are several lenders you can approach or turn to a financial institution such as a national bank.

Reasons to Apply for a Small Business loan

There are various reasons why you should consider applying for a small business loan. These include;

Convenience; you’ll easily find a financial institution in every town that is willing to fund small businesses. So, small business loans are easily accessible, and approaching lenders for this type of loan is easy.

Low-interest rates; if you are a small business owner with an excellent credit score, you can access a loan at a lower interest rate.  Essentially, the interest rate depends on your credit score, borrowed amount, among other factors. However, conventional lenders such as credit unions or banks offer yearly percentage rates (APRs) from 4% to 13%. The online lenders have APRs ranging from 7% up to 100%.

Different loan types for different needs; Start-Ups loans aren’t created equally. There are a variety of these loans to meet different needs. For instance, SBA Express loans and SBA 7 (a) loans serve many purposes, including refinancing and growing capital.  For machinery, entrepreneurs and real estate business owners can access CDC/504 loans. The SBA deals with various non-profits to give microloans for amounts between $1000 -$ 50 00.

They offer large amounts of money; based on your intended purpose for the loan and the small business loan type. Entrepreneurs can apply for a loan worth higher amounts of money.

Easy application process; although some small business loan lenders can make the application process longer than expected, particularly the SBA loans, small businesses’ funding process can be completed in a day. Besides, you’ll get the funds as soon as possible.

Get the chance to grow your business; small business loans are beneficial as they allow you to increase your business. That’s because technology, human resources, and finance are central when it comes to business growth. Lenders will give you the cash to ensure everything works perfectly.

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