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  • Weighing the options in dental insurance
    Dental insurance is an area in which a lot of questions prevail for the normal Medicare policy does not cover the costs of routine dentistry services such as tooth extractions, root canals, fillings, and cleanings. However, given that specialization dentistry is now the order of the day and given that the cost of even routine dental work is expensive, it might be a sound decision to consider going in for a dental insurance plan. Normally Medigap dental plans step in and fill those areas that are not covered under the traditional Medicare policy subject of course to pre-stated conditions of the claim. Let us weight the different types of plans available and their financial implications. PPO Plan – the PPO Plan, which is known as the Preferred Provider Organization Plan gives you the option of visiting any dentist of your choice. However, the maximum coverage and least out of pocket expenses are offered to patients visiting dentists who are part of the PPO network. Regarding coverage, a part of your dental procedure would be covered as per the policy, but you would nevertheless have to make a copayment. In such a plan, deductibles and a maximum limit are part of the policy. An HMO Plan is a prepaid dental insurance plan that allows you to consult only with specific dentists who are on the network. If you require a dental procedure to be done by a doctor who is not in the network or at a facility that is not covered under the plan, then you would have to bear the expenses out of your pocket. While there are no deductibles or maximum limit, this is a coinsurance plan. Discount plans do not limit you to any network of doctors or hospitals however you would have to meet the plan deductible to be eligible for coverage. The third kind of dental insurance is known as the indemnity plan, which gives you partial coverage for specified procedures. Under this plan, you have the option of visiting any dentist or dental specialist of your choice, but you would have to cover the cost of their consultancy out of your pocket, as the insurance company does not reimburse the dentists under this plan.
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  • Top exchange-traded funds of 2021
    Exchange-traded funds (ETFs) have seen a remarkable surge in their popularity. They enable the investors to rapidly own a diversified set of securities, such as stocks at a low price. ETFs also help the investors get a unique exposure to certain market areas. Even for a newbie investor, investing in an ETF will be straightforward. These funds are the top ETFs of 2021.  SPDR S&P 500 ETF (SPY) SPY has been one of the top ETFs and is supposed to remain a valuable contender in the future. With $360 billion to its name, it is the single largest ETF by assets under management. SPY is exceptionally liquid, which is a pivotal but often an overlooked aspect of ETFs. There are over 74 million shares traded daily. It has a low expense ratio of 0.09%, which depicts the most straightforward way to bet on the country’s big businesses.  Invesco QQQ Trust (QQQ) Invesco QQQ Trust owns just non-financial Nasdaq stocks. This makes it a tech-heavy fund associated with top names that you may already be familiar with. Its 2020 performance showed a price rise of 48.4 percent, and Invesco has a decent expense ratio of 0.2 percent. This fund is indeed one of the top ETFs of 2021.   Vanguard S&P 500 ETF (VOO) It tracks the S&P 500 and offers the investors a diversified portfolio of some of the country’s top firms. They have a low expense ratio of only 0.03 percent and depicted a solid market performance in 2020. The company showed a price soar of 18.3 percent, which represents the market’s overall gain. The fund commenced in 2010 and has hundreds of billions in assets.  Ark Genomic Revolution ETF (ARKG) ARKG is an actively managed fund, implying a higher expense ratio than all the other passively managed ETFs on this list. It will cost you about 0.75% per year. Ark Genomic Revolution primarily invests in high-reward, but high-risk biotechnology and health care brands, such as the ones involved in CRISPR gene-editing, agricultural biology, and stem cells. It is managed by Cathie Wood, one of the most prominent fund managers, and has returned a compounded value of more than 40.3% in the last five years.
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  • Current trends of gold prices
    The price of gold started with a crescendo and then fell to its rock bottom in the year 2016. Gold price is very unpredictable as it depends on various factors. Last year was a roller coaster ride as far as gold prices were concerned. Analysts are wondering what gold rates have in store for 2017. Let’s look at what the trends of daily gold prices for this year are likely to be based on takes from the fields of technical analysis, economics, and investment banking. Take from the technical analysis viewpoint: Technical analysis can provide some insights when it is used to analyze a specific asset. Unfortunately, the news from the charts isn’t great for gold this year. For years the price per ounce of gold has stayed at around $1,400. Analysts predict a downward slope in daily gold prices for the next five years. Some of the predictions are that the gold price is likely to dip to a low of $1,000 in the year 2017. This analysis is however from only the technical point of view. Bank’s take on gold prices: The banks have a slightly more optimistic point of view about the daily gold price. But then the banks haven’t been bullish as well. The gold price according to the predictions of most of the major investment banks varies only by a few hundred dollars. To sum up the analysis of the major banks, it looks like the gold price is going to remain stagnant throughout this year. The economic take on gold price: Gold has always been a ‘fear asset.' When people start getting jittery about the economy, they tend to invest in gold. When US stocks were off to a bumpy start at the beginning of the year 2016, the price of gold went up. Likewise, when the stock rate is strong, it impacts the daily price of gold. They are negatively interconnected with each other. Analysts predict a good year for the stock market which would be the downfall for gold prices this year.
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  • 3 popular business credit cards with a amazing rewards program
    Establishing your own business is great, but it opens the floodgates to unending responsibilities that require your undivided attention. Out of all these responsibilities, managing your finances will keep you occupied more than any other aspect of your business. In fact, it is essential to have some effective financial tools in your kitty as it will help you conduct all your financial dealings smoothly. One such financial tool that is known to regulate a business establishment's finances and makes the entire transaction convenient is a business credit card. Business credit cards are a great addition to your list of invaluable financial tools and come in handy in times of short-term cash crunches. Another incredible reason that you should own the best business credit card is that these credit cards offer a splendid rewards program. Take a look at some of the best business credit cards that offer a commendable rewards program: Chase Ink Business UnlimitedSM Credit Cards This business credit card has one of the best rewards programs to offer to its customers. In fact, it mimics Chase's consumer credit card the Chase Freedom Unlimited(r) and offers its users 1.5% cash back every time the credit card is used. Moreover, this business credit card with an amazing rewards program is an annual, fee-free business credit card, which means that you won't have to spend money to keep this business credit card active. Also, you will be the recipient of a generous sign-up bonus of approximately $500 when you spend around $3,000 on various purchases within the first 3 months. The Business Platinum Card from American Express OPEN This business credit card has an excellent rewards program to offer to its customers. Though this is a paid business credit card, the lavish perks offered to the members make up for the annual fee. You can earn up to 75,000 membership reward points, which are equal to about $750 if you use this business credit card for travel purposes. Other phenomenal rewards offered by this business credit card include an insurance coverage up to $2,000 for checked baggage and a 24/7 concierge service. This business credit card follows a point-based rewards system. Capital One Spark Cash for Business Spark Cash for Business operates along the same lines as the Spark Miles for Business. The major difference between these credit cards for business is that Spark Cash offers a cash-based reward system instead of the miles-based one that Spark Miles offers. You will be the recipient of approximately $500 when you sign-up for this business credit card, and this will be visible in your bank account after you spend a minimum of about $4,500 within the first 3 months. In addition to these benefits, all your purchases will help you earn unlimited 2% cash back without any caps or restrictions right from your first purchase.
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  • Rules to keep in mind for 401K rollover to roth IRA
    Many people choose to transfer the money they have saved in their 401K account to an Individual Retirement Arrangement (IRA) which they may control. The main reason to do this is to save on fees and get better returns with varied options. However, here are some pointers to remember while undertaking a 401K rollover to Roth IRA:
    • You would need to first roll over to a traditional IRA and then transact the same rollover to Roth IRA. There is no direct way to undertake a 401K rollover to Roth IRA.
    • You have to pay taxes while doing a rollover to a Roth IRA. The reason behind this is that a Roth IRA is typically used for after-tax money post retirement savings. But the advantage is that you do not have to pay any tax while rolling over to a traditional IRA, and once you withdraw money from Roth IRA, you won’t need to pay any taxes on the returns earned.
    • One way to stop the rollover to a traditional IRA is to find out whether your 401k is a Roth 401k. In this case, you may directly initiate a 401k rollover to Roth IRA.
    Additionally, many people also prefer 401k to Gold IRA rollover. The rules and reasons for this are as follows:
    • Gold’s value is said to have no effect in relation to the volatility of the market. Initiating a 401k to Gold IRA rollover would ensure that you have more savings and the interests are based on the gold’s market value.
    • The rollover service is tax-free, provided you follow the IRS-approved procedure.
    • The difference in a Gold IRA rollover account is that the account holds gold as opposed to the conventional paper currency, which may be liquidated later.
    • The most important pointer to remember while initiating a 401k to Gold IRA rollover is that once you get the funds from your 401k, you have a maximum of 60 days to make the transaction and transfer your money to a legit Gold IRA facilitator to open an account. If you exceed this time limit, the transaction would not be tax free.
    You need to determine the best option for yourself and transfer your savings to an account that gives you more benefits and suits your needs. Both of the options mentioned above are profitable and transactions are easy to make.
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  • Popular insurance policies available for small businesses
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  • Here's How to Open a New Checking Account
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