Smart tricks to save money on flights

Whether you are booking a flight for a family holiday or a business trip is on cards, one thing you always worry about is airfare. Over the years, most of the airline companies have raised the ticket prices. But if you know some of these tricks, you might save a good deal of money. Why spend on the en route, when you can utilise the same funds on your trip instead? Read on and find a cheaper deal on your flight bookings.

save money on flights.jpg

Book online:  The first step to cutting out cost on your trip is to eliminate the middleman. If you get your bookings done through an agent, he is sure to charge his commission. To save yourself from paying extra commission, book flights online. Booking air tickets will allow you to avail a much better deal.

Sign up for alerts: Many travel portals allow you to sign up for alerts so you get a notification when there is fluctuation in the prices of air tickets. You can also set dates to find the cheapest deal possible. Moreover, if you interested in booking with a particular airline, keep a track of prices by regularly visiting their website.

Book well in advance: The more the delay, the expensive will your air tickets. It is advised to book flights at least 2 months before the departure date to avail a good deal.

Travel off-season: According to experts, airfares are generally low during off season. However, an off season can be any season depending on your destination. For example, if you are heading to India, you might consider going in the month of august and September. You will enjoy fewer crowds as well as find a good deal on flights to New Delhi, Mumbai and all major cities of India.

Cut out on baggage fees: Weigh your baggage before you leave home, this way you will avoid paying extra charges for the excess of baggage. You will find baggage allowance details on the website of the airline you are booking with.

Reasons you should consider buying a long term two wheeler insurance

If you are someone who thinks renewing two-wheeler insurance policy every year is a real distress and you keep forgetting it every time then this post will be of great help to you.

Some of the major insurance providers such as ICICI Lombard and New India assurance have recently launched long term two wheeler insurance that provides motor cycle insurance for at least three years against the usual cover of one year. The step of allowing insurance providers to provide long term wheeler insurance was taken to encourage vehicle owners to buy the protection cover.

Two-Wheeler insurance

Statists show that as there is constant increase in the number of two wheelers on the road, as well as simultaneous decrease in number of people buying two wheeler insurance. Introduction of long term two wheeler insurance is expected to reduce the difference between the two factors.

Let us read a few of advantages of long term two wheeler insurance

Convenient: long term insurance policy will save you from the trouble of renewing the policy every year. It often gets difficult keep a track of dates to renew the insurance policy. Also if you remember the date, it is quite possible that you are unable to renew it for other reason. To eliminate the hassle, it is advised to opt for a long term policy as it is easier for vehicle owners to stay protected without worrying about the renewals every year.

Stability of premium rates: Insurance Company usually hikes the premium rate every year, which is not in the case of long term policy. Once you avail a long term policy, premium rates will be frozen for whole tenure of the policy i.e three years.

Avoids non –renewal risks: If you forget to renew your policy annually, you will have to face several consequences such as penalties by law, financial damages in case of accidents etc. all this can easily be avoided if you are secured with a long term policy for two-three years.

Nowadays, it is easier to buy a long term two wheeler insurance online. The procedure online is much simpler and convenient.

Understanding Mutual Funds

Even though most people are familiar with the term mutual funds, many are not sure about what it means. Mutual funds are increasingly becoming popular as a means of investment. If you are an earning individual, you have most probably invested your earnings in a savings account. However, the returns provided by savings accounts are not enough to meet your long term financial goals. Which is why, individuals are turning towards other means of investments for better returns such as a mutual fund.

mutual funds

What is a Mutual fund?

Mutual funds are an investment instrument that pools the money of several investors to invest in multiple assets of the financial markets. The investments are managed by an institution known Asset Management Company or AMC. They are a great investment instrument that will enable you to reap the benefits of share markets with lesser risks. Mutual fund investments involve less risk as the investments are managed by the qualified professionals of the AMC. There are basically three types of mutual funds i.e. equity based funds with high risks, balance funds with medium risk and debt funds with low risks.

How to choose a mutual fund scheme?

Investing your hard earned money is a serious decision. Since there are numerous companies offering mutual funds, an investor tends to get confused while making the final decision. These pointers will help you choose the right mutual funds scheme:-

  • Risk profile: – Before making the final decision of purchase, it is very important to match the risks of the mutual fund investment scheme with your risk profile. The risks of a scheme varies according to the types of assets invested in. If you are willing to take more risks for higher returns, choose schemes that are equity based. For those who are risk averse, balanced mutual funds or debt based mutual funds would be more appropriate.
  • Read the fine print: – The prospectus features all the details of the scheme, hence it is very important read through the entire document. The funds that offer a higher rate of return may carry a high amount of risk as well. Therefore, only choose a scheme after careful evaluation.
  • Costs: – Mutual funds carry various costs in the form of fees which vary from company to company. Even a small difference in the costs can have a bearing on the final returns. Hence before buying a mutual funds, ensure that the extra costs are not eating into your returns.

How a wider and renewed Panama Canal will reshape world trade once again… — Mostly Economics

Withing the usual cacophony on world monetray and macro matters, it is changes like these which are expected to reshape the world economy. Canals played a major role in world trading and there has been huge politics around their construction. Panama Canal was also one such canal which overnight allowed ships to move from Atlantic […]

via How a wider and renewed Panama Canal will reshape world trade once again… — Mostly Economics

How to Go About Physics in Class 12

Board exams, especially the ones taken during Class 12, are known to be crucial decision makers in your career. And for those from the Science stream, there are several crucial subjects, which need ample amount of tutoring and self-study for clear understanding and better academic performance.

physics1

Physics is one of the most interesting, at the same time, one of the most feared subjects amongst students. This contradiction of opinion amongst students is mainly prevalent because of the fact that they are not able to understand basic concepts well enough. Physics, being a subject full of conceptual topics requires a thorough understanding of the underlying principles. A quick read through the theory may be sufficient in other subjects, but here it needs to be accurately applied into practical problems, which may be a challenge even for the most proficient of students.

However, once this is understood well and brought into practice, the concept not only becomes simple, but also gives you a new way to think better in any situation. The topics in class XII Physics primarily revolve around the concept of electricity and electric current. One needs to pay proper attention to the direction of the current travelling in a conductor, apply the right rules, and follow it up with substitution in the right formula. This entire process needs to be completed with 100% accuracy in order to come up with the correct result, in the proper convention.

The other important topic for Class XII Physics students revolves around light and optics. This primarily requires you to understand the various cases of reflection and refraction in using different types of mirrors. Students need to remember the result that would be produced when an object is placed at a particular distance from the mirror. Based on this, there are several problems of varying difficulty levels that could be framed by the board.

Though a good level of understanding of these topics could help you tackle any problem, but there are certain notorious questions while attempting which, it is likely that you may be stuck at one point or the other. In order to assist you while solving such difficult questions, Extramarks.com provides you with the complete Physics class 12 NCERT solutions. These are a great resource that can be referred to whenever there’s a doubt in solving a particular problem. As textbook problems are the most important in exam preparation, it is undoubtedly the first and foremost requirement while preparing for a physics exam.

Best Mutual Funds to Checkout in May 2016

With numerous people getting inclined towards mutual fund investments, the field is becoming a hot of topic discussion. Very often discussions lead to the point where people start measuring the returns they derived on a stock, thereby leading to the opinion of which ones are worthy of earning the reputation of a better performing stock. Everyone has their own parameters of measuring the worthiness of a stock, depending on their personal goals that they are looking to achieve, and no one but a mutual fund distributor can truly judge the nature of the mutual fund. Here we provide you with a list of some of the best performers in the field of mutual fund investment

MUTUAL-FUNDS

  • Axis Banking Debit Fund: This is an open ended growth mutual fund investment launched in the year 2012. It is benchmarked against CRISIL Short Term Bond Fund Index and has an asset size of Rs. 134.16 Crore. It has managed to accrue an annual growth rate of 8.6%.
  • Birla Sun Life Top 100 Fund: This is another example of an open ended growth mutual fund investment. It was started by the Birla group in September of 2005. This fund has been benchmarked at the CNX NIFTY index and has an asset size of Rs.1,645.31 CR. The average growth one can find here will be of 8.26%.
  • BNP Paribas Equity Fund: The investment objective of this open ended Scheme is to generate long-term capital growth from a diversified and actively managed portfolio of equity and equity related securities The Scheme will invest in a range of companies, with a bias towards large & medium market capitalization companies. The asset size is 1,088.95% and the benchmarking is done with respect to the NIFTY 50 index.
  • IDFC Premier Equity Fund – Plan B (D): The Scheme shall seek to generate long-term capital growth from an actively managed portfolio of predominantly equity and equity related instruments. This open ended scheme benchmarked with S&P BSE 500 has an asset size of Rs. 23.56 CR.
  • Kotak Select Focus Fund: The investment objective of the scheme is to generate long-term capital appreciation from a portfolio of equity and equity related securities, generally focused on a few selected sectors. This open ended dividend investment plan was launched in the year 2013. Its asset size is Rs. 573.73 CR. It is benchmarked against the NIFTY 50 index.

 

Benefits of applying for a car loan

Purchasing a car is often a costly affair which will take away a huge chunk from your savings. This is why applying for a loan is a gratifying way to finance a car without making a dent on your bank balance. By opting for a car loan, you can buy a better car than you could otherwise afford. Many people try to save money by purchasing second hand cars. But this often results in many costly repairs and amounts to a lot of financial loss in the long run.

A car loan helps you to spread the cost of the car over a long period of time, which makes the payment of the car much easier. One can also calculate the exact EMI payable by using an online car loan EMI calculator. This will give you an exact idea about the amount you need to keep aside every month.  Apart from keeping your savings intact, opting for a loan has many other benefits such as:-

  1. Easy Application: – The application procedure for a car loan is much easier than other forms of loan since it requires lesser documentation. The approval and documentation process takes less than a day.
  1. Customizable EMI: – The EMI of a car loan can be easily customized according to your repayment ability. It can be calculated easily by using online car loan EMI calculators. These calculators are provided by most banks on their website.
  1. Discounts: – Many banks offer car loans at discounted rates during promotional offers. By availing these offers, you can obtain loans at really low interest rates.
  1. Early repayment: – Most of the banks allow early repayment of car loans without charging any penalty. Paying off your loan quickly can help you save a considerable amount of interest charges.

All these reasons make car loans a feasible option to finance your car purchase as it hassle-free and beneficial in the long run.

**********************************************************************

Avail Multiple Benefits With Term Insurance Plans

Life insurance has become an integral part of our day-to-day lives because it helps one focus on the essential elements such as financial planning. These risk covers help you save and allow you to ensure the safety of your beloved family. These plans benefit you in multiple ways and some of them are as follows:

term insurance plan

Term plans are cost-effective

These plans are comparatively economical and are available at lowered rates; hence, are one of the most preferred forms of insurance. You can avail a higher amount of loan at an economical rate which turns it into one of the most cost-effective plans.

Serves as a risk cover

This is a pure risk cover plan which means that the payment would only take place after the demise of the policy holder. The only important point that you need to note is that if the tenure ends early, then you will not be entitled to the amount.

The most important form of risk cover

Term insurance plans are designed for all those who wish for a budget plan but with a greater number of benefits than a usual plan. You can begin with a smaller investment at a lower rate while the cover amount is greater. This means that this plan is quite beneficial especially during times when something unforeseen happens.

Suitability

Term plans are mostly suited for all those who have a greater financial liability than most. This also means that it is advisable to start saving young and opt for a term plan since the premiums then would be generally low. This is an ideal plan for all those who have dependents and a lot of liability. This plan will help you from issues arising for home loans and education, especially after untimely demise.

So opt for a term insurance plan if you wish for some protection and fulfill your financial dreams without any cares or worries.

 

 

 

 

Top 10 African-American Owned Businesses By Poonkulali Thangavelu | December 16, 2015
SHARE TWEET


There are about 8 million minority-owned businesses in the United States, according to a 2012 survey by the Census Bureau. Of these, about 2.5 million are owned by African-Americans. African-American-owned firms account for about 10 percent of the approximately 27 million in total of U.S businesses. These black-owned firms raked in more than $185 billion in gross receipts and had more than a million people on their payrolls, the Census Bureau reports. This compares to total gross receipts of $1.6 trillion for all minority-owned firms, and $33.5 trillion for all U.S. firms.

Here’s a look the top revenue of these black-owned businesses for 2014, by revenue, based on a ranking by Black Enterprise magazine. Several of these firms are suppliers to the automotive industry, while there are also a few enterprises in the food services industry. (See also: Auto Parts Suppliers Benefit From Growing DIY Trend.)

World Wide Technology, Inc., a Maryland Heights, Mo-based IT products and services firm, was started in 1990 by David Steward, who remains chairman of the board. This firm enables its customers to implement technology. With more than $6 billion in revenue at the end of 2013, the firm employs about 3,000 people.
ACT-1 Group, Inc. a business founded by Janice Bryant Howroyd in 1978, is a global firm that helps other businesses manage their workforce and employment needs. Based in Torrance, Calif., the firm started off as an employment agency. As of 2013, the firm employed more than 2,000 people and its revenues were about $2.2 billion.
Bridgewater Interiors, LLC a Detroit-based firm, is in the business of supplying automotive parts. Founded in 1998 and led by CEO Ronald Hall, Sr., the firm is a joint venture between Epsilon Technologies and Johnson Controls, Inc. With an employee base of about 1,500, the firm generated $1.5 billion in revenue at yearend 2013.
Modular Assembly Innovations LLC is another firm in the automotive parts manufacturing business, Modular Assembly Innovations is based in Dublin, Ohio, with CEO Billy Vickers at the helm. The firm employs about 250 people and enjoyed revenues of about $1.2 billion at the end of 2013.
Manna Inc., a Louisville, Ky.-based company makes its money as a fast food franchise business. Led by CEO Ulysses Bridgeman, Jr., this firm is now the second-largest Wendy’s franchise owner in the United States, according to Louisville Business News. Employing about 14,000 people, the firm enjoyed revenues of about $630 million in 2013.
The Anderson-Dubose Company is another black-owned firm whose success is based in the food industry. This Lordstown, Ohio-based firm is engaged in the business of providing food and paper supplies to McDonald’s and Chipotle restaurants. Under CEO Warren E. Anderson, the firm employed about 400 people and generated about $545 million in revenue in 2013.
Detroit-based Global Automotive Alliance, LLC an automotive parts supplier, started off in 1999 as an alliance of participating companies that did business with automobile manufacturers. Under CEO William F. Pickard, the company employed about 1400 people and made about $520 million in revenue as of 2013.
Read more: Top 10 African-American Owned Businesses http://www.investopedia.com/articles/markets/121615/top-10-africanamerican-owned-businesses.asp#ixzz3uZ6h07jy
Follow us: Investopedia on Facebook