Videos uploaded by user “Joyful Investor”
What are the Different Types of Stocks in the Stock Market?
What are the Different Types of Stocks? Often people say, that there are two types of stocks. They are common stocks and preferred stocks. But in this video we propose you to take a look at another classification. There are 5 different types of stocks on the stock market. You can buy and sell them. They are: defensive stocks, income stocks, cyclical stocks, growth stocks and blue chips. Stocks are often called shares. So, we can say "Different types of Shares", or "Different types of stocks".
Views: 10775 Joyful Investor
Why A Certificate Of Deposit Is a Great Investment! How and When To Invest in a Bank's CD?
Should you buy a certificate of deposit? Can a banks' CD help you save your money and beat the inflation? In this video, I'm sharing with you my opinion. They say that it doesn’t make sense to buy certificates of deposit, because they (CDs) cannot beat the inflation. That’s right, that’s correct. But let’s imagine the following situation. I have ten thousand dollars. I don’t need this money right now. But I know that I will need it in a year, in three hundred and fifty six days. What should I do with this money? What can I do with it? The most common advice: never hide your money under the mattress. Well, I agree with this advice, because I could be robbed, or there could be a flood, a fire… And what’s even more dangerous, inflation… Yes, two-three percent is not too much. But I don’t want to lose that two hundred or three hundred dollars. Money must work for you. We all know that. Another advice: Invest in the stock market. Make ten percent. In a year you will have eleven thousand dollars. That's possible, but the opposite situation is possible as well. Look, I don’t want to make ten or five percent on money, I already invest in the stock market and contribute to my retirement account, I just want to be able to use my money in a year. Bitcoins? No comments here. A savings account. Bingo! But there is a little problem with savings account. Too low interest rates. And too much additional features. For example, I can withdraw my money at any time. It’s like a pocket. I don’t need my money in thirty or one hundred days, I will need it in one year. So, the best solution for me is to go to the bank and buy a one-year certificate of deposit, or a CD, which stand for certificate of deposit. This is going to be the best choice for me, better than investing in the stock market, better than buying gold, silver, cryptocurrencies, better than savings account because of a higher interest rate. My goal is not to make, double, triple or invest this money, my goal is just to be able to use it in a future. And I know exactly the day when I will need that money. What are some benefits of buying a certificate of deposit? The first benefit is that my money is insured by FDIC - the Federal Insurance Deposit Corporation. If my bank goes bankrupt, I will get my money back. That’s great! Higher interest rates. Yes, I know and I agree that two or three percent won’t beat the current inflation rate, but additional two hundred - three hundred dollars is quite enough for me. No additional features and options, like I cannot withdraw my money earlier. But I don’t need this option. If someone has some amount of money, and they don’t need this money right now, but they will need it in future, I believe, that buying a certificate of deposit is a smart investment choice. For some people buying a CD, if they understand why they do that, and what their goals are, might be the best solution to save money. For others, who, for example, want to start their investing journey, and don’t know where to start from, it might be not the best solution, because I do agree that CDs don’t beat the inflation. It depends. Let me know your opinion about Cds, do you buy certificate of deposits, do you invest in Cds? Maybe there are some other more profitable and more secure options, what do you think about a “bonds versus CDs” battle? Let me know your opinion in a comment section below this video, and don’t forget to get your free gold investment guide that will help you learn how to diversify your investment portfolio with precious metals. Subscribe and see you in the next episode! Source: https://youtu.be/I6_Tl15t2uw http://FreeGoldGuide.org - protect your wealth with precious metals! Disclosure: I am not a financial advisor, I don't have a clue what you sould do with your money.
Views: 12658 Joyful Investor
Stock Market: What is a Company Prospectus?
What is a company prospectus, and how can prospectuses help you to invest your money in the stock market properly? A prospectus is a financial document, issued by a public company or mutual fund or other financial institution, that provides comprehensive information about this company. SEC regulates the stock market, that's why every public company should have a prospectus.
Views: 6789 Joyful Investor
What Is an IPO in The Stock Market (Initial Public Offering)
What is a company IPO in the stock market? Best explanation of Initial public offering. You can buy shares of google, facebook and other companies. All these companies are public. The time when company becomes public is called IPO or initial public offering. It is a good way to get funded for business owners, and a good way for investors to invest their money in the stock market. A company IPO can be very profitable.
Views: 12369 Joyful Investor
What Is a 401K Retirement Plan & How Does It Work? Does 401 k plan SUCK???
https://joyfulinvestor.com/get/ - get your FREE 401k to Gold IRA Rollover Guide! Let’s talk about 401lk. What is a 401k retirement plan, and how does it work? Some people believe that 401k is a great opportunity to invest for your future. The others say and BELIEVE that our 401k is about to be stolen by the big banks when the stock market crashes. Who’s right? Let's figure it out! Let me share with you something really interesting and inspiring. This is the life expEctancy graph. As you see, life expectancy increases, year by year, which means that our chances to live a long life improve dramatically. That’s really good, but! We have to figure out how to pay for basic necessities when we retire. And this is what retirement planning is all about? A 401k retirement plan might help us! I watched some videos on YouTube, and I know that it might sound complicated, so let me explain it in simple terms. This is John, John the plumber. John has a wife, two kids, a pet dog, and... a paying job. John likes his job, he makes $50,000 per year.. he cares about his future because he’s hoping to live a long life, full of joy and unforgettable moments. John works for “Super Duper Plumbers LLC”. His employer offers a 401k plan, which is a retirement savings plan for employees like John. In plain language, John can contribute a small portion of his income to his 401k plan. Example! John, as we know, makes $50,000 per year, before taxes. This is what we call a gross income. He decides to contribute 4% of his income to his 401k plan. 4% of $50,000 is $2,000. John reports only $48,000 in income on that year’s tax return. It means that 401k contributions are tax defErred. But what is really exciting is that both an employee (in this case John), and an employer (in this case, Super Duper Plumbers LLC), they both contribute to his 401k account. John saves 4%, which is $2,000. And his company contributes the same amount – 4%, which is $2,000 as well. This means, that every year John saves $4,000, or 8% of his gross income. Now you might have a question in your mind that is “WHERE does this money go, and WHEN and HOW will John be able to withdraw it”? First, let’s talk about where the money goes. In John’s case, there are two options available (this is what his employer offers). Fund number 1 consists of stocks, and Fund number 2 consists of stocks and bonds. John believes in the American economy, he heard something about diversification, and he decides to go with the second option and to invest in stocks and bonds. Year by year John contributes to his 401k plan. Year by Year his employer contributes to John’s 401k. And finally John is 59 and a half, and he is allowed to start pulling money out. And it’s really cool because he has over 500 thousand dollars in his retirement account. BUT HE OWES income tax on all his withdrawals – on the money he contributed and on the gains on his contributions. Whatever he takes out of his account is taxable income, just as a regular paycheck would be. And the problem with 401 k retirement plan and the reason why some people are not happy about it is… No one really knows what the tax rates will be in the future for anyone. Nevertheless, 401(k) plans hold trillions of dollars in assets and represented nearly 18 percent of the $25 trillion in U.S. retirement assets. Let’s go back to John. Can he withdraw his money earlier, until he reached retirement age? Yes, he can, but there is an early withdrawal rule. John may have to pay an additional 10 percent tax on his withdrawal. This is how it works, and this is a brief overview. What about other employers? Every company offers its own 401k plan, with different investment opportunities – particular stocks, particular bonds, and so on. But the general strategy is: you invest a small portion of your money on a regular basis and benefit from this in the future. Now the question: if everything is so good, why a lot of people prefer to stay away from 401k, why do they say that 401k does not work. Well, there are a few reasons. And I mentioned before that no one really knows what the tax rates will be in the future. The second reason is excessive fees nobody tells you about. And the third reason is paper dollars lose value and anything tied to them also lose value. The conspiracy theorists believe that 401k is the way the government is going to steal your hard-earned money. By the way, there is an opportunity to rollover your existing 401k plan to Gold IRA. Click the link below this video and get your free gold investment kit, and learn how you can protect your wealth in case of stock market collapses. Who's right who's wrong? You decide. Let me know your opinion below.
Views: 5010 Joyful Investor
How Does a Bank Work, and Why Do Banks Make So Much Money?
How does a bank work? How do banks make so much money? Watch our easy illustrated explanation. Let us imagine, you have $10,000, and you don`t need it right now. And Sabrina wants to buy a car, but she has no money. Well, here is a solution for both of you. BANK! You deposit your 10 thousands in the bank. And the bank gives you interest of 5%. It takes your money, transfor it into loans, and give other people to buy a house, or an auto. The secret is: loat rate is higher than deposit rates. Car loan interest rate for Sabrina is 8 percent. 8% - 5% = 3%: this is how banks make money. Other income sources of banks: ATM fees, overdraft fees, late payments fees, penalty fees, interchange fees. $10,00 - $10,500 = $300 - this is how the bank used your money to make profit ($300).
Views: 93057 Joyful Investor
What is a JUMBO CD? How to Find THE BEST and THE HIGHEST Jumbo CD Rates?
­What is a jumbo CD? How to find the best and the highest jumbo CD rates? Should you invest in high yield jumbo CDs ? In two next minutes you will find the answers to these questions. and at the end I will give you a nice advice. Stay tuned! Hi, there, and welcome! In today's video we are going to be talking about jumbo CDs. If you are a subscriber of my channel, (if you are not, fix it right now), you should be familiar with what a CD is. A CD, or a certificate of deposit is a financial document issue­d by banks, credit unions and other financial institutions. A financial institution grants you an interest rate in exchange for keeping the money on deposit for 1 year, for 2 year, for 5 years. What is a jumbo CD? A jumbo CD is a certificate of deposit with a minimum denomination of $100,000. Banks or credit unions offer higher rates for the larger deposit. How to find the highest jumbo CD rates? There are four­ ways you can follow up. First. How many banks are there in the United States? Thousands and thousands. Bank of America, Chase, City Group, Wells Fargo – you have heard these names in different places. Remember. Small regional banks often offer higher CD rates than giant banks. Try to find a small regional bank in your area, and ask them, if they can offer you a jumbo CD. Use Google or local media. Second. Credit unions are similar to banks, but the key difference is that a credit union is a not-for-profit institution. So, credit unions can offer you higher interest rates on CDs or savings accounts. Third. An interest rate largely depends on how you long you are willing to have your money tied up. So, you might be happy with your current bank, if you decide to invest for a long time. Fourth. Super jumbo CD is a certificate of deposit with a minimum denomination of $175,000. So, another way is to apply for super jumbo CD. Once more, these are four ways of getting the best interest rates on certificate of deposit: small regional banks, credit unions, long-term CD in your current bank and super jumbo CD. And as I promised here is the advice. As you know your money is insured by FDIC. If your bank goes out of business, you don't lose your money, because it is insured. The standard insurance amount is $250,000 per client, per insured bank. Remember that before you start looking for the best cd rates.
Views: 2333 Joyful Investor
Money Market Account Definition: What is a Money Market Account?
What is a money market account definition? How does a money market account work? A money market account, or a money market deposit account (MMA, MMDA) is a specific type of savings account offered by banks or other financial institution like credit union. How does it work? You go to a bank and open a money market account. You deposit some amount of money to your account, let's say, 5 thousand dollars. And the bank pays you interest on money. The bank uses that money for financial investments. You don't care about that. Your money, under $250.000, is insured by FDIC – The Federal Deposit Insurance Corporation. It means, if the bank goes out of business, you get your money back. Money market accounts are similar to a savings accounts, and a certificates of deposit. What is the difference? What are the differences between savings accounts and money market accounts? Three are four key differences. First. An interest rate. It varies quite a bit from bank to bank, but money market accounts tend to pay higher interest rates than savings accounts. The amount of interest depends on the account balance. It is called tiered interest rate. The more money you invest, the better the return. Second. Money market accounts have restrictions on how often you can withdraw your money. In most cases you are limited to three or six withdrawals a month. Third: Minimum amount. If you are willing to open a money market account, be ready to maintain one thousand dollars or something like that, depending on your bank. And number four difference: How to withdraw? A bank requires you to wait for a few days if you want to get your money back. So, is a money market account a good way to build savings. Yes, it is. Is it a good choice, if you want to have an opportunity to withdraw your money immediately, in one day or in two days? No, it is not. Saving account is better for that. Bank of America, Wells Fargo, JP Morgan Chase, Citigroup – all these banks and thousands of other banks all over the United States offer money market accounts, because a money market account is a commonly used financial instrument in the US and other countries. Before you go, I want you to know, that money market account equals to money market deposit account, equals to MMA or MMDA. Thanks for watching this. Like this video, share it with Facebook, Twitter, post a comment if you have an experience with money market accounts.
Views: 25027 Joyful Investor
The Stock Market Crash of 1929 - Causes and Effects
The Stock Market Crash of 1929 - causes and effects. Probably, you've heard about Wall Street Crash, Big Depression, Black Friday. In this video you'll find animated explanation of causes and effects of the stock market crash of 1929.
Views: 61942 Joyful Investor
Certificate of Deposit: What Is It? How Does a CD Work? (Definition)
What is a certificate of deposit, and how does it work? This videos tells you about a certificate of deposit, and gives your a cd definition. It is a financial product that is commonly use in the US by american banks. Should you invest your money in a certificate of deposit? What are cd rates?
Views: 14730 Joyful Investor
What Are Penny Stocks? - Stock Market For Beginners
What are penny stocks? How to invest in penny stocks? How to trade penny stocks? How to buy and sell penny stocks? In this video we'll show you what penny stocks are, you'll decide, if you should invest in penny stocks. Penny stock are very risky and speculative, even though they can make you a huge amount of money. Learn more about penny stocks for beginners and about investing in the stock market by subscribing to our channel and watching our other videos.
Views: 37132 Joyful Investor
What Is Day Trading? Guide for Beginners
What is day trading? How to become a day trader? How much money must you have to day trade stocks? Watch this video, and learn about day trading stocks, currencies (forex), and other commodities. There are day trading rules, guides, strategies, but If you are a beginner, be careful! Day trading is very risky, and requires tremendous self-discipline.
Views: 5374 Joyful Investor
WHAT IS TERM LIFE INSURANCE (TERM ASSURANCE) - BEST DEFINITION. In this video you will find an easy to understand explanation about term life insurance. What is term life insurance? Term life insurance is a life insurance product that pays out a cash lump sum upon death of the insurance policyholder or at the point that the insurance policyholder is diagnosed as terminally ill. But, despite it being a low cost term life product - insurance cover can be acquired from as little as Ј5-Ј10 per month - surprisingly few of us have term life insurance in place. For people with a mortgage and family to support, not having a term life insurance policy exposes them to a large financial risk. This risk becomes apparent when you consider how the mortgage and household bills would be paid if the main income producer were to die or to become terminally ill. The end result could be that loved ones who are left behind find their home is repossessed because they cannot keep up the mortgage repayments. Some people prepare for such an eventuality by taking out a mortgage life insurance policy. This is all well and good for covering off the remainder of the mortgage loan, but where will the money come from to pay the gas & electricity bill and the council tax bill every month, let alone the money needed to cover the policyholder's funeral expenses? It is at this point that a term life insurance policy becomes very useful indeed. If you don't have a term life insurance policy in place, here are some sobering reasons why you should consider taking out a term life policy now... • CANCER - One in three people will develop cancer at some point in their lives. Research into cancer is of course ongoing, and one day some cancers may be curable. In the meantime a term life policy offers income protection for loved ones left behind in the event of terminal cancer diagnosis and death from cancer. • HEART DISEASE - Heart and circulatory disease accounts for more than 35% of all deaths in the UK each year. The number of people dying from heart and circulatory disease is on a falling trend, but the number of people becoming morbidly obese is increasing, and so may reverse this trend in the near future. Term life policies can be configured to pay out if cause of death is heart-related. • MRSA (SUPERBUG) - The death rate from the MRSA superbug has doubled in the last 4 years. MRSA is a bacterial infection that is resistant to antibiotics. It commonly causes death in people with weak immune systems, and so easily spreads amongst the sick & old in hospital wards. Many life insurance policies pay out if the cause of death is MRSA related. • AVIAN FLU (BIRD FLU) - Recent comments by the Society of General Microbiology in the UK sparked controversy when they estimated that 2 million people in the UK could die from a highly infectious strain of mutated Avian Flu. If you are worried about Avian Flu check with the life insurance agent to see if their term life policy covers such an eventuality. Subscribe to our channel!
Views: 3950 Joyful Investor
How to Buy a Cat? Buying a Cat and Kittens Tips
How to buy a cat? We give you simple tips. Let's go! 1) Before buying a cat, prepare its home. Be sure, you are ready to buy a cat and to bring it to your home. 2) Choose a cat breed that suits you. Be careful! Some breeds of cat can be prone to specific medical issues. 3) Find a cat! Where can you buy a cat or kittens? Visit local shelter, local rescue organisation, professional breeders. Use Internet to find them and to start buying a cat online. But how to choose a cat? Take a look at: - eyes - must be bright, clean, no discharge; - nose and whiskers - no breakage and discharge; - coat - no fleas and healthy look And of course, your cat's nature should be friendly. Choose a cat, buy a cat or nice kittens and be happy.
Views: 41047 Joyful Investor
AMAZING: How To Get Rid of Bed Bugs At Home Yourself Fast
Watch our video to learn, how to get rid of bed bugs fast. You know, that it is difficult to get rid of bed bugs at home yourself, but it is possible. Silica gay, sprays an help you to get rid of bed bugs in your hose. Bedbugs might be dangerous, so kill them today!
Views: 6278 Joyful Investor
What is Ethical Investing? Socially Responsible Investing (SRI)
What is ethical investing? How to invest in ethical way? What is social impact investments? How to find mutual find or stocks to invest in ethical way? Watch this video to find the answers. Social responsible investing is an important part of modern world. It is also called green investing or ethical investing or Socially responsible investing (SRI), or social impact investments. If you are interested in socially responsible investing, you have to find mutual funds, or companies offering these services.
Views: 2651 Joyful Investor
This Paper Gold to Real Gold Ratio Will SHOCK You!
https://joyfulinvestor.com/get/ - Get Your FREE Gold Investment Guide! In this video, I'm talking about this frightening paper gold versus physical gold ratio. Why do we, the investors, invest in gold, why do we invest in silver, why do we invest in precious metals? The stock market is growing like crazy these days, so why do we need this gold? We all know that it does not produce any income in the form of interest payments or dividends. And you certainly know the answer. We invest in precious metals (physical precious metals, I mean), mostly in gold, because gold is a hedge, a hedge against inflation, hyperinflation, microeconomic risks, macroeconomic risks and so on. So it's always a great pleasure to realize that your investment portfolio, your wealth, you are protected. Paper gold is options, futures, swaps, ETFs, gold certificates and so on. Pysical gold is gold that you can hold. Casey Research conducted a study and found that there is a high demand for gold. So, there is not enough registered gold backing the gold certificates that are currently being sold and traded. And now the most important part of this video, the numbers. At one point there are two hundred and fifty-two claims on every one ounce of gold available. One million dollars invested in gold is four thousand dollars invested in physical gold (gold coins, gold bullion) and nine hundred ninety-six thousand invested in paper assets that have nothing to do with real gold. What does this all mean? Well, it means that in most cases, in the overwhelming majority of cases, people invest in paper gold, in promise, in other words, not in real physical gold. And they believe that somehow they protect their savings. How? Paper gold, on the other hand, gold ETFs, for example (which track and reflect the price of gold) also are considered a hedge against inflation and other bad things. There is no need to pay storage fees, there are no counterfeit risks, and buying a gold exchange-traded fund is probably the easiest way to invest in gold. One of the most popular Gold ETFs, by the way, has a ticker symbol GLD. This is how it behaves - just like gold. But! If something bad happens, yes, I am an optimistic person, and I do believe in a bright future, but with all these things like the national debt, the derivative bubble, interest rates panic, we can expect that the next financial crisis will be of a far greater magnitude. Some people, some experts say that the greatest wealth transfer in history is coming. So, this is why we invest in physical gold, in physical silver, in physical precious metals that you can touch, that you can hold and that you can use in case of the collapse of the economy. Disclosure: I am not a financial advisor, and I don't have a clue about what you should do with your money. https://joyfulinvestor.com/get/ - get your FREE Gold investment guide! Source: https://youtu.be/u99PXFoy-wg
Views: 968 Joyful Investor
SEC - The United States Securities And Exchange Commission
What is SEC? The United States Securities and Exchange Comission was founded years and years ago to protect participants of the stock market. SEC offers services for investors and traders. You can use SEC EDGAR search to find financial information about any public stock. The United States Securities and Exchange Commission was create to protect participants of the stock market and to regulate buying and selling processess.
Views: 6710 Joyful Investor
Gold Bars, Gold Ingots, Gold Coins, Gold Bullion - The DIFFERENCES!
https://joyfulinvestor.com/get/ - FREE Gold Investment Kit! Gold bars, gold bullion, gold ingots, gold coins – what are the differences? Gold bars, gold bullion, gold ingots, gold coins – there are so many opportunities to invest in gold. How do you know the differences among them all? Let’s talk about that in this episode! Before we go any further, I am required to say that all the information here is for educational purposes only! And if this is the first time you are here, be sure to click the link below this video and get your FREE gold investment kit and learn how you can protect your wealth by moving at least a portion of your assets into physical gold, which has historically proven to be the best option in terms of financial chaos. Ok, today the question is what we, the investors, mean by “gold” when we say “to invest in gold”? Let’s start with gold coins. I believe you have the American Eagle, or The Canadian Maple Leaf in your investment portfolio, or at least you might have heard about them. Most of the gold coins are round. Why do I say most? Because this is a gold coin, and this is a gold coin as well. Needless to say that a gold coin is a coin that is made mostly or entirely of gold. A gold bar, what is a gold bar? It looks like this. Nice, isn’t it? Here is yet another gold bar. Usually, the term “bar”, gold bar or silver bar, refers to a shape of a product which, as you see, has its weight and purity marked on the material. It might also be noted that contrary to popular belief, a gold bar is not necessarily shaped like a parallelepiped or a pyramid. For example, this gold crown is a gold bar as well. It is apparent therefore that a gold bar can come in many forms and sizes, and a gold bar, by definition, is a gold product of any shape that is made by a recognized bar manufacturer. By the way, the world’s largest gold bar is located not in the United States, not in America, not in Europe, and not in China. In JapAn, in Toi Gold Museum. Here it is, it weighs 250 kilograms, which makes it the most expensive gold bar in the world. Today is July 2017, one kilogram of gold costs about 40 thousand dollars, times 250 equals over 10 million dollars. Nice gold bar! Now the time has come for gold ingots. It’s a rare term. An ingot is technically a specific type of gold bar that is cast from a mold rather than stamped. There are no signs on its surface. And if you see it, you don’t have a clue, how much it is worth, and what it is made of. Later on, they process and certify it, and a gold ingot becomes a gold bar. I hope, you understand the differences! A gold bullion, what is a gold bullion? Bullion is a generic term. Bullion is gold that is officially recognized as being at least 99.5% pure and is in the form of bars or ingots. So, by “gold bullion” we mean gold bars, gold ingots, gold coins. By “silver bullion” we mean silver bullion, silver bars, silver ingots, silver coins. In general, bullion is a bulk quantity of precious metal, this is why we often say gold bullion coins, gold bullion bars and so on. Now you understand that when it comes to investing in physical gold we often talk about either gold bars or gold coins. When it comes to physical silver, me mean silver bars and silver coins. And we never invest in gold or silver ingots. These are the differences. If you’ve got a friend, who is interested in investing in gold, share with him this video, subscribe to my youtube channel, post a comment, and don’t forget to get your free gold investment kit by clicking the link below this video. See you! https://joyfulinvestor.com/get/ - FREE Gold Investment Kit!
Views: 805 Joyful Investor
In the near future, 1 bitcoin might be worth $12 million dollars. This is what I did, and this is what you can do to calculate this number. Another day I was browsing the Web and I found an information that some well-respected and famous people believe that bitcoin will become the single global currency, like the US dollar today. I do not know if this will actually happen. But since bitcoin is driven by such famous and powerful people, it might happen. We know that there can be only 21 million bitcoins. I’m not going to go into details, but this is what we have to remember. The most important difference between fiat currencies and cryptocurrencies like bitcoin is that the governments can print as much paper money as they can, and this is the main reason for inflation. But there there can be only 21 million bitcoins. So, I asked myself, if there can be, or if there is only 21 million bitcoins in the world, if bitcoin is the global currency, the only currency used by everyone - in the United State, in Europe, in Africa, in this case all the riches on Earth will be worth - how much? 21 million bitcoins. So, what I did is a found Global Wealth Report by Credit Suisse. They did some calculations and found out that the total wealth of the world in 2015 (I don’t think that something has changed fundamentally since then), so the total wealth of the world was and, let’s assume, is estimated to be $250 trillion dollars. Million, billion, trillion. $250 trillion dollars. Now let's do that math. I have to take $250 trillion dollars (this is the total net worth of the world) and divide it by all bitcoins in the world, by 21 million. This result will shock you if you like Twitter CEO Jack Dorsey, like Bill Gates and other influential people believe that bitcoin will become the global reserve currency. Because the result is around $12,000,000. If all fiat currencies go to zero, like they always do, if the US dollar, euro, and all other paper currencies collapse, and if bitcoin becomes the global reserve currency, today’s $1,000,000 will be worth less than 0.1 bitcoins. And if you have 3 bitcoins you will be considered an ultra-rich person. Because today ultra-high-net-worth individuals are defined as having a net worth of at least $30,000,000 million dollars. If you have a friend who has bitcoins, inspire him, send him the link to this video. I believe my research is worth sharing - why not give it a like? It’s free. And let me know in a comment section below, what, in your opinion, is the highest possible price of bitcoin. And do you believe that this can happen in reality? Source: https://youtu.be/v7-QS2q6BT0
Views: 510 Joyful Investor
Is Gold IRA Safe? Should You Add Precious Metals To Your Retirement Account?
Is Gold IRA Safe? Should You Add Precious Metals To Your Retirement Account? https://joyfulinvestor.com/get/ - get your free Precious Metals IRA Guide! Safety is our number one priority, isn’t it? Switching to a Gold IRA might be one of the most important financial decisions you’ll ever make in your life. First, let’s talk about gold. You understand the risks, don’t you? Traditionally, maybe not traditionally, but in most cases, gold goes in the opposite direction than paper assets. You remember that financial event of two thousand and eight. Stocks went down, all stocks - blue chips, small stocks, gold went up. Traditionally in times of economic turmoil gold goes up. This is why right after that financial crisis gold was considered a very good investment. In two thousand and thirteen, two thousand and fourteen, two thousand and fifteen gold, and precious metals IRA were popular. But today, I am making this video in two thousand and eighteen, gold is not that popular, because, first, gold doesn’t go up, second, the stock market does. So, today people, the crowd invests in the stock market, and diversify a little bit, by investing in bonds. From this point of view, investing in a gold IRA might not be the most profitable opportunity. But gold IRA is not about making money, it’s about keeping it’s purchasing power. So, investors, some investors switch to gold IRA because of safety. What is safety, by the way? Google says that safety is the condition of being protected from or unlikely to cause danger, risk, or Injury. Gold IRA is about being protected from danger, as I understand. And I’ve spoken about that a lot of times in my videos. So, today I'm not going to go into details of the national debt, the derivative bubble and some other things. The idea of Gold IRA is that when the next crisis hits… No one knows when it will happen. But when the next financial crisis comes, and the stock market goes down again, as it did ten years ago, we assume the price of gold will go up (as it always does during financial shakeouts), and this is how we will protect your savings, how we will save our hard-earned money. From this point of view, gold IRA is safe. What if the crisis doesn’t come, and the stock market continues to grow forever? It’s impossible! Because American already have around twenty-five trillion dollars in retirement accounts. And this, I mean this simplicity with which you can easily make ten-twenty percent annually investing in stocks, reminds me of the Wall Street Crash of nineteen twenty nine, also known as Black Tuesday. There is nothing new under the Sun, as the Bible says. What’s happening now, today, has already happened in past. Ninety years ago, companies showed an excellent profit. Hundreds of thousands of Americans heavily invested in the stock market. A significant number of them were borrowing money to buy more stocks. Maybe, today we don’t borrow money to buy stocks, but we heavily invest in 401ks, in Roth IRAs, in other IRAs, which means that we invest in stocks, and in particular in the same stocks people invested ninety years ago. And you know what happened, you heard about the Black Tuesday. But since we are not talking about gold, but about Gold IRA, I would like to talk about yet another event - The Gold confiscation of nineteen thirty-three. Literally, it wasn’t confiscation, it was an exchange. Executive Order 6102 required all persons to deliver all but a small amount of gold coin, gold bullion, and gold certificates owned by them to the Federal Reserve, in exchange for around twenty dollars per troy ounce. It was not confiscation, as some people mistakenly believe, it was an exchange. The last thing I wanted to talk about is the importance of choosing a well-respected Gold IRA custodian. Because some companies promote home storage IRA, which is a scam, the Internet is crowded with biased reviews of Precious metals IRA companies, because those reviewers get compensated for their reviews. This is my point of view, Gold Ira, if you work with a well-respected company, is quite safe, I might be mistaken, let me know what you think, and don’t forget to get your free gold investment guide in order to learn more about Precious Metals IRA: https://joyfulinvestor.com/get/ Disclaimer: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice. Source: https://youtu.be/Cy-_we4LHRY
Views: 345 Joyful Investor
This Is How Much Gold & Silver You Should Have In Your Portfolio!
https://joyfulinvestor.com/get/ - add precious metals to your investment/retirement portfolio! So, how much gold and silver should you have in your investment/retirement portfolio? Today most financial gurus say that this number is 10%. I do agree with them because I believe that gold and silver will protect my savings against inflation, denomination and other risks. Warren Buffett does not invest in gold, well, he is a smart guy. He purchased silver, by the way, 15 years ago, invested over one billion dollars in silver, but later he sold it. If a person is just starting out, and has no savings, buying gold is not the best choice, I believe. In this case, it's better to read something like "The Intelligent Investor" (the best book on investing ever written, as Warren Buffett says), and purchase stocks. Those you contribute to their 401k and care not only about income and profit but about safety, might consider adding 10% of precious metals (gold and silver) to their retirement portfolio. Serious investor, who already retired or on a verge of retirement might rollover their existing 401k, Roth IRA to Gold IRA. In this case, some people turn 20%, 30%, even more than 50% into gold. There are conspiracy theorists who believe that the next financial crisis will be worse than the last. They prefer to invest exclusively in precious metals, because, they think, gold and silver will protect their savings in case of the collapse of the global economy. I don't know who is right, who is wrong, in my opinion, it is smart to invest 10% of your money in precious metals (gold and silver). Let me know your opinion, and don't forget to get your free gold investment guide - https://joyfulinvestor.com/get/ Source: https://youtu.be/PPogZB7LABo Warning: I am not a financial advisor. This video is for information purposes only. Seek a duly licensed professional for investment advice.
Views: 1473 Joyful Investor
What is a Bank Account? What Documents Are Needed to Open a Bank Account?
What is a bank account? What documents are required to open a bank account? How to open a bank account in the US, in UK and in other countries? What do I need to open a bank account? Watch our short video to understand the meaning of bank account, and to see the list of documents required to open a bank account. If you have a bank account in Bank of America, Chase, or other bank or if you have ever opened a bank account in credit union or other thrift institution, you're welcome to post a comment!
Views: 16116 Joyful Investor
SCAM EXPOSED: How Banks Work, How Do Banks Make = Create Money Out Of Thin Air?
Banking System SCAM EXPOSED: How Banks Work, How Do Banks Make = Create Money Out Of Thin Air? Ever wondered how banks work, and why banks make so much money? That's because so-called fractional reserve banking (which is basically the law) says that banks only need to have 10% of the money they loan out in their vault. Absurd and ridiculous, isn't it? Yes, banks make money out of thin air, from nothing. This is how banks and other financial institutions create money and control the world! This is banking system SCAM. Why The Whole Banking System Is A Scam. Source: https://youtu.be/pZ1dsRzKU_Q
Views: 132 Joyful Investor
What is a Personal Finance?
What is a personal finance? Personal finance is the process of budgeting your finance. Do you have a credit cards debt, do you use credit card debts? What about auto insurance, home insurance, mortgage? If you want to keep track on your financial life, you have to learn personal finance. How to learn personal finance? Watch our free, easy to understand, short and funny educational videos.
Views: 347 Joyful Investor
What does life insurance policy cover, and what does life insurance policy not cover? 1) Life insurance policy does not cover older people. Many life insurance policies have upper age limits. 2) Illegal activity. If you smoke, be ready to pay more for your life insurance policy. 3) Dangerous jobs. The more risky your job is, the less insurable you are 4) Suicide. 5) Dangerous sports, drug abuse, alchohol abuse. But what does life insurance policy cover? Your family and loved ones can maintain their standard of life after your are gone.
Views: 308 Joyful Investor
What is a Stock Market and How Does It Work?
What is the stock market? How does a stock market work? What is a share? How can you buy shares of public companies? A stock market is a marketplace, where you can trade (buy or sell) shares of public companies. A stock is a partial ownership of a certain company. Public companies like Facebook, Apple, Google, Twitter sell their shares, because they want to raise capital, to gain more money. They use it to grow. Both traders and investors can buy and sell shares.
Views: 17820 Joyful Investor
https://joyfulinvestor.com/get/ - invest in gold, protect your wealth! Today I want to share with you 7 reasons why the next financial crisis might be worse than the last. And these reasons are: And the first reason is, of course, the US national debt. Twenty trillion dollars. Twenty trillion dollars, ladies and gentleman, it’s not a joke. Is there a way to avoid paying your credit card debt? Is there any way to avoid paying your mortgage? Not today, not tomorrow, not this week. But you are in debt – you have to pay. This is how it works – this vicious materialistic world. And now the mic is yours, post a comment below this video and let me know how you would pay the national debt, if you were a President, how you would deal with it? Reason number two: The US Government has its eye on retirement accounts. If you think, it's a joke, just look what's happening in other countries. Over the previous years, Portugal, Ireland France, Poland and some other European countries seized retirement account assets to help plug holes with government deficits. Even though I am an optimistic person, I tend to listen to people who are smarter than me, wealthier than me, better educated than me, and who predicted the market so many times that investors, journalists, and general media pay attention when they speak. Jim Rogers, a famous American investor, businessman believes that private accounts might be the next ones the government raids. What is a private account? Maybe, 401k, maybe, Roth IRA, maybe, Traditional IRA. Won’t it cause some sort of financial shake-up? …. I have a question. What do you think is the safest global bank in the world? The Bank of America, JP Morgan? Global Finance magazine puts out a yearly list of the top 50 safest global banks. On your screen you can see this list, and believe me, it's extremely difficult to find an American bank here. Only three American banks have been included in this list in 2017. Back in 2015, there were 5 American banks in this list. Therefore, and this is reason number 3, the American banks are not the safest place for your money. The top five American banks are now larger than before the crisis. While this may seem like something good and non-threatening, we remember that the collapse of Lehman Brothers in September 2008 almost brought down the world's financial system. Any of these banks failing now would be catastrophic because the five biggest American banks are even bigger and more critical to the system today than before the crisis began. So the reason number four is… the American banks are large, but not that safe. Reason number five. The FDIC (the Federal Deposit Insurance Corporation) admits it lacks reserves to cover another banking crisis. Do you understand what it means? Do you even understand what it means? The FDIC can only cover 1% of bank deposits or only $1 out of every one hundred dollars. Reason number six is a nice reason to talk about. The SNP 500 Index is growing like crazy. And that is good. That is really good. Because economic growth means an increase in real GDP, which in turn means that there is an increase in the value of national output. And it's always a great pleasure to grow your investment portfolio in an easy and effortless way, isn’t it? But this cannot go on forever. And... the higher you climb… the harder you fall. Reason number seven. Uncertainty. Volatility is good for the stock market. Low volatility. And in 2017 the stock market is so low. It seems to be napping. But what's happening today in the world? Britain has left the European Union. Sweden is ready to follow their example and quit the EU by the end of this decade. Brexit, Swexit, what's next? No one can predict how the next years will go. Wars, hurricane... uncertainty is still in the air. These are the seven reasons I wanted to share with you in this episode. Add to this the derivative bubble of hundreds of trillion dollars, unemployment, joblessness, and you will probably agree that the next financial crisis might be worse than the last. A lot of people say that it will be worse, but I as an optimistic person hope it might and won’t be worse. Anyway, we must be ready? So, what should we do? Diversification! Diversification – this is the key to successful investing. Mutual funds, stock, bonds. Basically speaking we do not diversify. Because this is what we were told to do. This is what we were taught. But diversification is not only about investing in Stock A, stock B and Stock C, buying bond D and bond E. Smart investors are adding a wild variety of assets to their investment and retirement accounts.
Views: 259 Joyful Investor
How to Invest In Gold? Different Types Of Gold Coins
https://joyfulinvestor.com/get/ - Protect your wealth with precious metals If you are thinking of buying a few gold coins, if you are serious about including gold coins in your investment portfolio, you've come to the right place, because today I will share with you different types of gold coins available for investment purposes. Stay tuned! Welcome, ladies and gentlemen! My name is Alex, and here we are talking about protecting your money by investing in precious metals, I am not a financial advisor, and all the information here is for educational purposes only. So many people would like to start investing in gold because gold has been known as a safe haven in case of stock market collapses for many decades. And the easiest way to invest in gold is to buy a gold coin. So what are they – different types of gold coins, and which coins are better to buy? There are two different types of coins. The first one is standard, or regular bullion gold coins. They are produced in government mints. The most known of them are the American Eagle, the Canadian Maple Leaf, the Kruggerand, produced in South Africa and others. I believe you’ve ever seen the American Eagle, or at least you might have heard about it, because this is a ridiculously popular gold coin, especially in the United States. These coins are legal tender. What does it mean? If you’ve got the one-ounce American eagle coin in your pocket, which has a $50 nominal face value, you can go to Walmart, and buy something worth 50 dollars. But, of course, it's not the best way to use this coin, because it is much more expensive. For today it is worth about 1,300 dollars. The price of standard gold coins is mostly determined by the metal content. The higher the price of gold, the higher the price of these coins. And as you understand, even though they are legal tender, they are not designed for general circulation. Another type, the second type of gold coins is Numismatic or rare coins. The 1933 Double Eagle appearing on your screen is a United States 20 dollar gold coin. It is a rare coin. It has its own dramatic history. It has been stolen, shipped to Africa, almost damaged by fire, once again almost destroyed by fire, and finally, in July 2002 it has been sold at auction for 7.5 million dollars. 7.5 million dollars for a single gold coin. Remarkable, isn't it? Numismatic coins are old currencies. Nobody cares about the amount of gold in these coins, they are collected for their historical significance and aesthetic quality. Here you can see an ancient Persian coin, and Gold Solidus of Roman Emperor Valentinian II. These coins were minted about 2,400 years ago. Even though, some of the numismatic coins may be worth thousands, tens of thousands, hundreds of thousands and even millions of dollars, you cannot go to Walmart or McDonald’s and buy something with them. They are not legal tender. They are like stamps. Stamps. Stamps are pieces of paper. Numismatic coins are pieces of metal. World's most expensive stamps and rare coins worth millions of dollars. Now the question: you're are an investor, and you want to protect your wealth. Should you buy numismatic coins, or it’s better to go with standard coins? As I mentioned before, I am not a financial advisor, and you decide. Of course, it's better to be the owner of a small collection of rare gold coins, but it requires a lot of time, a lot of efforts, a lot of... KNOWLEDGE! Thank you, Tai. I believe, that if Joe the Average is not a professional numIsmatist, he'd better buy standard gold coins. And the most popular of them is an American Eagle. If you wanna buy one gold coin, it's not a problem, but it's better to buy two, five or ten of them. Because the more you buy, the lower the price. These are the two types of gold coins - standard and numismatic, standard are for beginners, numismatic are for professionals. Investing in standard gold coins does not require special knowledge, investing in rare coins does. Before you go, if you are serious about including gold in your investment portfolio, click this YouTube card and get your 100% free gold investment kit https://joyfulinvestor.com/get/ , and learn how you can protect your wealth by investing in precious metals. Don't forget to subscribe, and I will see you, ladies and gentlemen in the next episode.
Views: 1250 Joyful Investor
What is an EMERGENCY FUND? HOW TO BUILD an emergency fund?
What is an emergency fund? How to build an emergency fund? How to start saving money for building an emergency fund for your family? Watch our video to find the answers. You don't need emergency fund calculator, because calculator doesn't know how much money you spend every month. Just do it in your mind. 3-month, 6 month, 8 month - it depends on your individual needs. Building an emergency fund is an important part of planning your personal finance, retirement, Roth IRA, Traditional IRA.
Views: 647 Joyful Investor
What is European health insurance card, and how to use EHIC? Apply for European health insurance card: http://hse.ie Renew your ehic here: https://www.sspcrs.ie/portal/ehic/ This EHIC is valid for up to 5 years and entitles you to the same level of medical care in the country you're travelling in, as would be enjoyed by the residents of that country. The card covers discounted and free medical care including emergency treatment, and applies to all the EEC countries plus Switzerland, Norway, Iceland and Liechtenstein. But be aware that the treatment you're entitled to might not include all the treatments you get free of charge under the National Health Service here in Britain. Copied with permission from: http://plrplr.com/34736/travel-insurance-also-get-a-european-health-insurance-card/ The European Health Insurance Card (or EHIC) is issued free of charge and allows anyone who is insured by or covered by a statutory social security scheme of the EEA countries and Switzerland to receive medical treatment in another member state for free or at a reduced cost, if that treatment becomes necessary during their visit (for example, due to illness or an accident), or if they have a chronic pre-existing condition which requires care such as kidney dialysis. The term of validity of the card varies according to the issuing country.
Views: 2816 Joyful Investor
What Is The Best Online Stock Broker For Beginners?
What is the best online stock broker, and how to choose the best broker, if you are a beginner? The answer depends on your individual needs. But if you're willing to choose it right now, you have to take a look at several factors. They are reputation, markets, commissions and fees. The most famous online stock brokers for beginners and professionals are OptionsHouse, TD Ameritrade, Scottrade, Interactive Brokers, Schwab, E Trade, Fidelity, Loyal3
Views: 21226 Joyful Investor
IRA Rollovers: 401k To Gold IRA Rollover vs Transfer: What Are The Differences?
Gold IRA Rollover versus Transfer - Which option makes more sense? https://joyfulinvestor.com/get/ - get your free 401k to Gold ira guide. Should you transfer or rollover funds from a previous retirement account (for example, 401k) into a new Gold IRA? It’s important to understand the differences between these two options. Let’s say, you want to move your funds from custodian one to custodian two. The first and fastest alternative is a “transfer.” How exactly does it work? You go to a custodian two, or just fill out the form on their website. And they send a request to a custodial one. In a direct transfer, the money flows directly from one IRA custodian to another. This means the distribution check from the old IRA custodian must be made out in the name of the trustee or custodian of the new IRA account that receives the funds. This is something you can do at any time with your existing IRA. The assets go from one custodian to another custodian, that’s why no reporting is required. Transfers may be made as often as you want. The second alternative is a “rollover.” A rollover occurs when “you” receive the distribution from your existing retirement account and then turn around and deposit it in another retirement plan custodial account. In this case, custodian one sends the money directly to you, and you would need to re-deposit the funds into the new retirement plan account. Within sixty days. What is the sixty-day time period exceeds? You would be liable for taxes and penalties on the money withdrawn. You may roll over the same money only once every twelve months to preserve the tax-deferred status of your retirement savings. Which option makes more sense? You decide! Let me know your opinion below. If you want to learn more about these two ways to move your IRA money into physical gold and silver, feel free to click the link below or click this card and get your free 401k to Gold IRA investment guide. Get Your Free Gold IRA Guide - https://joyfulinvestor.com/get/ Source: https://youtu.be/awIpxJJWcyY Disclaimer: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 105 Joyful Investor
Gold, Silver, Platinum, Palladium in your Precious Metals IRA - IRS Approved precious metals
Let’s talk about precious metals Eligible for Precious metals IRA. https://joyfulinvestor.com/get/ - get your FREE precious metals IRA guide. A one-kilogram gold bar - it is worth around forty thousand dollars today. Can you go to eBay, for example, buy this gold bar, then go to your Gold IRA custodian`s office, and say, hey, I’ve just purchased this gold bar, I want you to hold it in my retirement account. No, this is not how it works. Because the IRS exists. And the IRS approves select precious metals and forms of bullion for our IRAs. The four precious metals allowed to be held in an individual retirement account are gold, silver, platinum, and palladium, provided they are in the form of IRS-approved coin or bar products. Since gold is the most commonly purchased of the four, the overarching term "gold IRA" is used most often as industry slang to mean a retirement account containing any combination of precious metals. Other terms such as, "precious metals IRA", "silver IRA", "platinum IRA", or "palladium IRA" are also frequently used. Let’s start with gold because gold is the most popular precious metal. And the first coin is the American Eagle. That’s really great that you can have this coin in your retirement portfolio because this is the most popular and probably the most liquid gold coin. Canadian Maple Leaf gold coins. It is a gold bullion coin that is issued annually by the Government of Canada. It’s produced by the Royal Canadian Mint. It is also an extremely popular gold coin not only in Canada but in the United States and the rest of the world. Australian Gold Nugget coin. It is mInted by the Perth Mint. By the way, all these coins have legal tender status. Other coins that are allowed to be held in a retirement account are Austrian Philharmonic, British Gold Britannia coins, British The Queen's Beasts and some others. As you see, there are no numismatic or collectible coins in this list. Not only gold coins but also gold bars can be held in a Precious Metals IRA. Gold bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements. Now let’s talk about silver, which, as some well-known personalities say, can be even more attractive investment opportunity than gold. American Eagle, Australian Kookaburra, Australian Philharmonic, Canadian Maple leaf, Mexican Libertad and some other silver coins can be held in your IRA account. And of course, Silver bars and rounds produced by a NYMEX or COMEX-approved refinery or national government mint, meeting minimum fineness requirements. Platinum. This is not the most popular precious metal, and some people don’t even know that it’s possible to invest in platinum coins. Yes, platinum coins do exist! American Eagle coins, Australian Koala coins, Canadian Maple leaf coins, Isle of man noble coins - these are platinum coins Eligible for precious metals IRA. And of course, bars and rounds. And the last precious metal is palladium. Palladium coins are not that popular, and some Precious metals IRA custodian offer only palladium bars and rounds. But IRS approves American Palladium Eagle and Canadian Palladium Maple Leaf coins to be held in an IRA. Now, and this is important! If you go to the IRS website, or to Wikipedia, you will see that there are some other approved coins. This is what IRS allows and approves, but this does not necessarily mean that your custodian offers all these coins. But it’s not a problem, because most investors prefer gold and silver. If you want to learn more about precious metals IRA, click the link below this video or click this card and get your free precious metals investment guide. If you have something to add, post a comment below this video. I’m always happy to get feedback from you. See you! https://joyfulinvestor.com/get/ - get your FREE precious metals IRA guide. Source: https://youtu.be/kvCpi-HREKk Warning: I am not a financial advisor. This video is not intended to be investment advice. Seek a duly licensed professional for investment advice.
Views: 158 Joyful Investor
What are The Different Types of Bank Accounts?
What are the different types of bank accounts? What account is better for you? There are many types of bank accounts you can open in Bank of America, Chase and other banks. Read the transcript of this video: Hi there, and welcome! In this video we're going to be talking about different types of bank accounts. Some people say, there are two basic types of bank accounts, the others say, there are more types. We are going to take a look at 5 commonly used accounts in the United States of America and other countries. Let's get started! So, What are the different types of bank accounts? Savings account! Of course! Of course, we will start with savings account. Why? Because it is the most important bank account for an investor and for every person, who is thinking about his or her future. What is a savings account? Savings account allows us to accumulate interest on funds, so we can use our money in future. The second type is a certificate of deposit. It is commonly used in the United States of America and other countries, because it has an easy to understand idea, and if you buy a certificate of deposit, your money is insured. Wait a minute! What does it mean to buy? I don't want to buy anything, I just want to open a bank account. OK, here is the explanation. A certificate of deposit (or a CD) is a financial product offered by a bank. What does a bank offer? It grants you an interest rate in exchange for keeping the money on deposit for the agreed-on term. Checking (or transactional) account. It offers you to deposit or withdraw any amount of money any number of times. You should not open a checking account if you want to earn interest or to save your money for a long time. Checking account is something like a virtual purses. Here is the question. Which financial instrument is better and more convenient for you – a checking account or a credit card. Of course, you will answer that you prefer a credit card. But is it right? Money market account. We know already what a savings account is. It allows us to accumulate interest on funds. But what is we're willing to invest a lot of money? We want a higher interest rate. No problems. Money market account is similar to savings account. But if you maintain a higher balance, you can avoid a monthly fee and have a tiered interest rate. And the last. IRAs. . They allow you to to save for your retirement. Of course, you have already hard about IRA, and you know that it is particularly important to save and invest for the future. These are five types of bank accounts.­
Views: 17222 Joyful Investor
Auto insurance as we all know is the insurance consumers purchase for their vehicle be it a car, truck or any other automobile. The purpose of auto insurance is to safeguard the vehicle against accidents, theft and any other loss incurred. Auto insurance can cover, the insured party, the insured vehicle and the third parties. Different policies specify the situations under which each of these items is covered. Like life insurance, auto insurance too has become the need of the hour. A surge in insecurity of the vehicles has resulted in many big and small companies venturing in this area and trying their luck. There are different types of auto insurances available. The policies vary with the need and wants of the people purchasing the policy. For example certain types of insurance policies include bodily injury liability, property damage liability, medical payments, and collision and comprehension coverage for physical damage to the insured vehicle. Broadly speaking an auto insurance policy is divided into five parts. 1. Declarations- this part of policy contains personal information about the drivers in your house. This includes their name and address, make and model of the vehicle, vehicle identification number, policy number, duration etc. This part also comprises of basic type of coverage that you purchased and your policy limits and deductibles. It is very important to provide correct information in this area; otherwise the insurance claim can be declined at ease. 2. Coverage Parts- in this option the coverage limits such as liability, medical, collision and comprehensive are discussed. This section primarily outlines what your insurance company guarantees to provide in return for your payment, based on the coverage and coverage limits opted. 3. Exclusions- this section briefs about what is left uncovered by your policy's limitations. From here you will get to know that what all will be covered when you make a claim and allows you to make rectifications in the policy. 4. Conditions- this section is all about legitimacy i.e. the legal bindings on the insurer and the insured. It includes premium payment obligations, steps to filing a claim, and guidance to resolve disputes. 5. Definitions- also known as fine print, this segment is where terms and the rights of the policyholder and the insurance company are defined. In several countries it is mandatory to purchase auto insurance before driving on public roads. The least requirement in this area is third party insurance to protect the third parties against the loss, damage or accident by a vehicle. You may or may not get an insurance cover against loss or damage to your own vehicle. While some other countries make the insurance of both the car and the driver compulsory. Car insurance plans a regular flat charge per-car or per year despite of the extent to which the car is used. There is no adequate statistical basis for the insurers to compare costs used to support price classifications. Other well known methods of differentiation are reasonable estimation, odometer based systems, GPS based system and OBDII-based system.
Views: 152 Joyful Investor
Disadvantages Of Investing In Gold
https://joyfulinvestor.com/get/ - get your free gold investment kit! In this video, I'm talking about the disadvantages of investing in gold I believe that gold is a great investment choice, but there are some critical cons, disadvantages of investing in gold. Ok, the first, and probably, the most obvious and known disadvantage of gold as an investment is this: Gold does not generate any income. Yes, I know, we don’t invest in gold to make some extra cash, or to make 5 or 10 percent annually on a regular basis. We buy gold because it is insurance, a hedge. It’s not yet another fiat currency, it is a real currency. Consider the following possible story. In 1931 your grandfather purchased a 1-kilogram gold bar and buried it under the earth where, he thought, it would be protected. He was happy because he protected his wealth. And he was right, he did. Two years later, he ignored The Executive Order 6102 (The Great Gold Robbery of 1933, in other words. If you are my subscriber, you know what I’m talking about), he was so happy to see the gold price going to the moon. But he died twenty years later. Your father inherited the secret map, found the place, dug out of the ground that box with a gold bar inside, and put it in a safe deposit box at a local bank. He was happy as well because it really was a smart investment decision. One day you will inherit this gold bar which is worth over $40,000 today, and at some point, in the future, you will pass down this legacy to your son. This is a smart wealth transfer strategy. But none of you neither earned nor will ever earn a dime from this piece of gold because there is no way to make it produce at least one tiny gold coin once a year. Yes, the reality is, in this vicious materialistic world, unlike other assets (stocks, bonds, real estate), gold does not provide any income in the form of interest payments or dividends. But… and this is the disadvantage number 2: The price of gold might rise The price of gold might rise? How is that a bad thing? Isn’t it an advantage of gold? Well, let me explain what I mean. This is the gold price chart. If you already invest in gold, or if you’ve ever thought of diversifying your investment portfolio by including gold, you’ve come across it in your research many times, I believe. The price of gold rise over long periods of time, as we see. Imagine that you had purchased X amount of gold is 1980 or 1981, or 1982 or 1983. It would have taken around three decades to make some profit from this investment. Yes, I always say “I am a long-term investor, I am a long-term thinker”, but 30, 40, 50 years... It’s too much. Although, today “plan the next 100 years of your life” challenge is gaining momentum. And, in my opinion, it’s really interesting. So, the second disadvantage of investing in gold is that its price might rise. It doesn’t necessarily rise, it might rise, and it might fall. Over short periods of time gold is not a hedge against inflation. You can invest $10,000 in gold today, and turn it into $9,000 in 5 next years. Disadvantage number 3 Gold, as we already know, does not provide any current income, but what’s even worse, in most cases, storing gold is not free. Of course, even though it can feel like a scary choice, nobody can stop you from purchasing gold bars and gold coins and storing them at home, in a bookcase, under the mattress. It’s free. There is nothing wrong with that, but if you are seriously interested in protecting your wealth, you should buy at least a home safe. If you didn’t lose trust in banks and prefer to keep your gold in a bank safe deposit box, you know that it’s not free as well. Another option. If you invest a lot of money in precious metals, maybe tens or thousands of hundreds of dollars, maybe, millions, I believe you know that there is the solution to use secured storage outside the banking system. For example, GoldBroker offers ownership and storage in your name. You can purchase gold bars and coins, silver bars and coins and store them outside the banking system in a private vault.  How much does it cost? Let’s see. From 1 to 1,5% per year! So if you invest $100,000 in gold with GoldBroker, you’ll have to pay around $1,000 as a commission. $1,000 per year! Yes, if the next financial crisis hits, and the banking system crashes, you will have full access to your physical gold, and probably, you will feel like a king, and your kids will feel like princes and princesses, but this is not what we are talking about in this episode. The point of this video is to show you that even though physical gold doesn’t take up a lot of space, owning gold is one thing, storing it is quite another. What’s next?
Views: 4466 Joyful Investor
4 Tips To Build a Successful Investment Portfolio
So, how do you build a successful investment portfolio, what does it take to become a successful investor? I'm sharing with you this short yet informative video. Let me know what you think, and what your strategy in building an investment portfolio is!
Views: 264 Joyful Investor
Auto insurance is often a sticky subject. Everyone feels like they're paying too much to insure their car, and wants to know how to get their premiums down. It's an industry that really lacks an effective way to make price comparisons, leading many people to switch every few years the way they do with credit cards or phone providers. When you understand the factors that go into deciding the price you pay for auto insurance, however, you should find it much easier to read the market and use it to your advantage. This article should give you a basic grounding, but whole books have been written on the subject -- it's up to you how much you want to learn. The most basic thing you need to understand is that insurance companies don't decide premiums based on how much they like you, or how much they think you can afford. Insurance is based on one thing, and one thing alone: risk. Every time the insurance company has to pay out for an accident, they keep a record of the amount, and every other factor they can find -- the make, age and model of the car, the age and gender of the driver, where they live, how long they have had a license, and so on. There are hundreds of factors. From this, the insurance companies can build up what is called a 'risk profile'. This allows them to work out the risk that they will have to pay out to any given person, and how much they would be likely to have to pay, based entirely on past experience. This is why a newly-qualified male driver in his twenties driving a sporty car has to pay so much to get insured -- the statistics show that this group is by far the most likely to have an accident. Once you understand this system, you can use it to your advantage. Obviously you can't change who you are, but you can change your car. The make, model and age of your car are three quite important factors in your risk profile, and they're all open to you to change. It is not difficult to use online insurance quotation tools to find out which cars are pricey in insurance terms, and which ones are cheaper, and use this to help you make buying decisions.
Views: 569 Joyful Investor
Endowment Life Insurance Policy - Pros & Cons - AMAZING!
Endowment life insurance policy - pros and cons. What is an endowment policy? It is a life insurance contract designed to pay a lump sum after a specific term on death. An endowment policy is an investment product, that you buy from a life assurance company. It does not have interest rate risks or investment risks. You don't need a medical care if you buy an endowment life insurance policy. Term life insurance is inexpensive if you are young and healthy. It forces you to save for college. What are the disadvantages? Endowment life insurance policy provides protection for a specific period. It is not renewable. The premium payable is higher than payable of term or whole insurance.
Views: 17840 Joyful Investor
How to Find Penny Stocks to Watch, To Trade, To Invest In?
How to find hot penny stocks? How to trade penny stocks? What penny stocks are worth to invest in, and to buy right now? Penny stocks are very risky and speculative. You can find tons of lists of hot penny stocks on the Internet. In this video we're giving you simple steps how to find penny stocks that are worth to buy right now, and to invest in. Remember, penny stocks are dangerous investments. But penny stocks trading can be very profitable. Warren Buffet made a lot of money trading penny stocks.
Views: 251 Joyful Investor
How to Get Rid of Mice in Your House Fast and Naturally?
How to Get Rid of Mice in Your House Fast and Naturally? This is the question, and we give you 5 easy steps. Let's go! 1) Make your house clean, mice like to eat everything they found. So don't forget to remove all sources of food to get rid of mice of your house. 2) Close all entries and holes. No need to kill mice or to find mice poison, if they have no way to enter your house. Don't let mice relax like at home. 3) Try mice poison. It can be very effective, but if you live with pets (cat or dog) don't do that. 4) Use reppelents and peppermint oil. Cotton balls with peppermint oil smell to intense for mice. They will stay out of them 5) And finally, they last and the best way of getting rid of mice in your house is to start keeping a cat. It is the best solution. If you have a cat in your house, mice problem will be solved!
Views: 28569 Joyful Investor
10 Modern Ways To Invest In Gold in 2019!
https://joyfulinvestor.com/get/ - Get Your FREE Gold Investment Kit! Good day, ladies and gentlemen! Alex here, and today I wanna share with you 10 different ways to invest in gold and believe me, you will undoubtedly discover something new that will probably make a positive impact on your investment portfolio. This information, by the way, is for educational purposes only. Ok, the first, and the most obvious way to invest in gold is what? Right! Buying gold coins. I mean, bullion gold coins. Some of the most popular are the American Eagle, the Canadian Maple Leaf, the South African Krugerrand. If you are my subscriber, you know that I’m always talking about these coins, and I believe that the easiest and the most accessible way to invest in gold is to buy a gold coin and to hold it at home. Maybe, it’s not the smartest way. But I think Warren Buffet has gold coins in his investment portfolio, despite the fact that he doesn’t like gold too much. The next opportunity is rare gold coins or numismatic gold coins. I have a video here on YouTube about gold coins and if you watched it you know that one coin is now worth 10 million dollars. But rare gold coins are for numismatists only. If you don’t understand the market, how are you going to decide which coin to buy? In my opinion, rare gold coins are like penny stocks. A lot of beginners are trying to make big money with penny stocks because they seem to be easy to trade, but most, most of the people lose their money. The third opportunity is gold bars or gold bullion bars. The problem with gold coins is that you pay for gold, and you pay for some additional value. But when you buy 1-kilogram gold bar, it means that you buy 1 kilogram of gold. By the way, today, when I am making this video 1-kilogram gold bar, is worth 40, 968 American dollars. Post a comment below, and let us know if the price changed. Some people believe in the next gold rush, the others are sceptical about investing in gold. The next opportunity: buying gold mining stocks. You see, gold, and oil, and gas, they don't appear from nowhere. This is your job to press keys, to buy, to sell. Probably, there are people who get up at 6 am and go to into the mine. There are a few dozens of gold mining companies. Nothing special, to be honest, in terms of return. Google, Apple, Facebook performs better. But if you understand the technology, if you follow the market, if you want to support these processes with your money, McEwen, Klondex are one of the most popular of them. The fifth opportunity is Gold IRA. I know that most of my subscribers are living in this, the best country in the world. And if you participate in retirement programs like 401k, Roth IRA, you should learn about Gold IRA. Below this video you can find a link, click it and get your free guide, they will send you a lot of free stuff. In a few words, you can rollover your existing 401k to Gold IRA. And you can include gold, silver and other precious metals, physical metals, in your Gold IRA. As far as I know, this program works only in the United States. Opportunity number six. We’ve talked already about buying gold coins, and gold bars. But there is a huge problem with physical gold. How are you going to store it? Where? At home? Nice, but what about security? It’s not a problem to put one gold coin under the mat, but what if you wanna buy 5 gold bars, 10 gold bars, maybe 50 or 100 kilograms of silver? Bank deposit box is a nice idea, but we all remember the 1933 gold confiscation in the US. So, there is an interesting opportunity – you can buy physical gold, and physical silver, bars, coins, and store them outside of the United States, and what is even more important, outside of the banking system. I will put yet another link in the description, GoldBroker offers secured storage outside of the banking system in your name. New York, Toronto, Zurich, Singapore. This way to store your physical precious metals is especially beloved by conspiracy theorists (and to be honest, I am one of them), who believe that the next financial crisis is going to be worse than the last, and who believe that the government is going to steal our 401k, our cash, our gold. Opportunity number 7. Gold ETFs. I hope you know what an exchange-traded fund is and how it works. If you don’t, it’s like a stock. You can go to Yahoo or to another financial website, and you can find SDPR Gold Shares, its index is GLD. It is the most heavily traded ETF. Want to learn more about buying gold bars, coins, bullion, about investing in gold stocks, about gold IRA? http://joyfulinvestor.com/get - FREE Gold Investment Kit! http://joyfulinvestor.com/outside - buy physical gold outside the banking system
Views: 1117 Joyful Investor
What Is A Gold IRA Account? Bulletproof Your Retirement Portfolio With Precious Metals!
https://joyfulinvestor.com/get/ - request your Free Gold IRA Guide! What is a gold IRA retirement plan? Oh, today is a wonderful day. And since my YouTube channel is about investing, retirement planning, I thought we have to talk about this shiny thing – Gold IRA, because some people say and act like Gold IRA is the way to bulletproofing your retirement portfolio. Is it? Well, let’s figure it out! Ok, if you ever watched a video about investing in precious metals, a TV commercial, or read an article on the Internet, you have undoubtedly heard it said that gold has been known for ages as a symbol of wealth and power. That’s true. So, how do you add gold to your retirement account? A Gold IRA (IRA stands for an individual retirement account, I hope you know that), a gold ira is similar to a regular IRA (like 401k or Roth IRA), except it is backed by investments in precious metals. It functions the same as a regular IRA, only instead of holding paper assets (like stocks, bonds), it holds physical bullion coins and bars. It all started in 1997. I don’t know what you think about this gentleman, but what is great is that in 1997 he signed The Tax Payer Relief Act into law. This act made it possible to diversify your retirement savings by adding physical precious metals to your IRA account. So, there is no need to worry whether it is legitimate… Yes, Gold IRA is officially approved and not only approved but recommended by the government. What metals can be added to your Gold IRA? The name Gold IRA implies that this metal is gold. Well, that’s right. But the name Gold IRA is a little incorrect. What it really is, is a self-directed precious metal IRA. Not only gold but also silver, platinum, and palladium can be held in your IRA account. It is important to remember that we are not talking about gold mining stocks or palladium ETFs. We are talking about physical precious metals – physical gold coins, bars, physical silver, physical palladium, and platinum. There is a list of IRA-accepted precious metals. Now you can see it on your screen. The IRS states that only metals of high purity can be included in an IRA. In my video about different types of gold coins, I was talking about a coin that is worth over 7 million dollars. Collectable and numismatic coins cannot be included in your Precious metals IRA, and rightly so! Now, the question... If you' re following my YouTube channel, you know that I often say “If you can't hold it, you don't own it”. This is, probably, the most important reason why we invest in physical precious metals. So, the question is. Can you switch to Gold IRA and store your gold at home? The short answer is NO. In order to comply with IRS requirements, all IRAs, including precious metals IRAs in our case, must be in the possession of a trustee or custodian. Therefore, physical precious metals in a Gold IRA are in the custody of the trustee or custodian, not the IRA owner. Are you limited to only precious metals in your Gold IRA? No. Your retirement portfolio may contain not only precious metals, but stocks, bonds, and other investments. So, how exactly does it work? Well, there are two possible ways, different ways. The first way is a “trAnsfer”. You can do it at any time with your existing IRA, as long as the assets go from custodian to custodian. In a direct transfer, the money flows directly from one IRA custodian to another. Transfers may be made as often as you want. Another way is a “rollover”. It occurs when “you” receive the distribution from your existing retirement account and then turn around and deposit it in another retirement plan custodial account. So, should you rollover your existing 401k or other IRA to Precious metals IRA? Well, If you are interested, if you want to learn more about it, if you I don’t know. You know it better. But I think that every investor should turn at least a small portion of his investment portfolio into physical precious metals, maybe, 5-10 thousand dollars. The reason why we do that is that adding physical precious metals to your IRA lessen the unpredictability of your retirement and investment portfolio. This video is a brief overview of this opportunity. have some questions, feel free to click the link below this video, or click this youtube card, and get your 100% free precious metals investment guide and learn how to rollover (or transfer from) a previous retirement account (401k, TSP, SEP) into physical gold. Tax-free. Don’t forget to subscribe, and see you, ladies and gentlemen, in the next episode! http://joyfulinvestor.com/get - request your Free Gold IRA Guide! The original link to this video - https://youtu.be/aF9ByK_aLNQ
Views: 95 Joyful Investor
How to become an insurance broker? In this short, easy to understand illustrated video we give you 6 magic tips how to become an insurance broker. Also you will know what salary to expect as an insurance agent. If you decided to become an insurance broker, be careful: your salary dependes of your deals. More deals - more money: this is the formula.
Views: 3185 Joyful Investor
How to get rid of credit card debt fast? If you have a credti card, and if you are interest in getting rid of credit card debt fast, this video is for you. It shows you the best method of getting rid of debt. Debt is a problem. Credit cards, loans are attributes of our life, but we have to learn how to use it. Hope, after watching this short but useful video, you will learn how to get rid of a debt. It shows you a universal method not only for credit card debt, but also for all types of debts.
Views: 459 Joyful Investor
👍 An EASY Way to Pay Off The US National Debt!
https://joyfulinvestor.com/get/ - Get Your FREE Gold Investment Kit! The US National Debt is $20 trillion and it is still rising. Is there any way to pay it off? Well, there is an easy solution! Yes, this is the US national debt. And it’s growing faster than ever. We must admit, the debt situation is only expected to get worse in the coming years. But there is an easy way to pay it off. I know, it sounds unbelievable, but watch the video to the end, and in a little while you will understand what I mean. Ok, 20 trillion dollars. 20. Trillion. Dollars. Not billion, but trillion. It’s a huge amount of money, isn't it? Well, everything's relative. Bill Gates, the wealthiest man in the world. His net worth is around eighty-five billion dollars, which is only zero, point, zero, eighty-five trillion dollars. So the current size of the US national debt, 20 trillion dollars, might seem an unbelievably, astonishingly huge amount of money. But let’s compare it to another number. 26 trillion dollars. 20 trillion and 26 trillion. If we had 26 trillion dollars, we would have no problems paying off the debt, right? And what is fantastic is that we do have 26 trillion dollars. 26 trillion dollars – this is the current size of the US retirement market. What is the US retirement market? 401ks, Roth IRAs, Traditional IRAs, 403bs and so on. 26 trillion dollars – this is how much money Americans have in their retirement accounts. Do you understand what I am getting at? Have you ever heard something like “The US Government has its eye on retirement accounts”? Now you know that technically, mathematically it’s possible. Of course, we all understand that there is no need to pay off this debt like you pay off your credit card debt, or like you pay off your mortgage. But the point of this video is to demonstrate that the US national debt is not that huge, not that unimaginably astronomically large number. It’s not that large in comparison to the US retirement market, and the US retirement market is our money in IRAs, in DC plans, in government DB plans and so on. You still think it’s a joke? What if I told you that, in 2010 Portugal, in 2011 Ireland and France, in 2013 Poland seized retirement account assets to help plug holes with government deficits. People tend to learn from other people. Governments tend to learn from other governments, don’t they? Jim Rogers, a famous American investor, businessman believes that private accounts might be the next ones the government raids. If you are like me, if you are an optimistic person who always looks forward to a better future, but you are concerned about protecting your savings, feel free to click the link below this video or click this YouTube card and get your free gold investment guide, it’s a free guide, and it will help you learn about protecting your IRA or 401k with physical gold and silver. And let me know what you think about the US national debt. See you in the next episode. And don't forget to click here: https://joyfulinvestor.com/get/ - Get Your FREE Gold Investment Kit!
Views: 836 Joyful Investor
👆 Should You Invest In GOLD?
Should You Invest in Gold? https://joyfulinvestor.com/get/ - get your free gold investment guide! Good day, ladies and gentlemen! Today I wanna talk about this fundamental question: should you invest in gold? It’s a good question, it really is a GREAT question, especially today, when the next financial crisis might be in your driveway. And you will probably agree that it will be more harmful than the last. Harmful to the society, and to your investments. Therefore, it should be clear why we, the investors, are looking for some opportunities to protect our wealth. I would like to start my video with this statement. A thousand years ago… Just imagine! A thousand years ago, an ounce of gold would feed a family for a month. One thousand years ago one ounce of gold could buy enough food and water for a family for a month. What about it’s today’s purchasing power? Let’s check it out! Today is September, the 14th, 2017, gold is quoted at $ 1,324.88 per ounce, and I believe that this money, 13 hundred and 25 dollars is quite enough for an average American or European, or Asian, or African woman to feed her family for a month, if her husband is chronically unemployed, sits around and plays video games all day long, or if he is a well-respected stay-at-home dad. I don’t know how much money you spend on food, but I believe this comparison shows how ageless, how timeless gold is. And this is what we, and by “we” I mean “we, the investors” are constantly striving for. In today’s world, it’s not a problem to make money. There are literally millions of millionaires in the United States alone. And tens of millions worldwide. The real problem, the challenge that we are facing is how to save our money for the future, how to keep its purchasing power. By the way, a single ounce of gold can now buy a house in some countries like Venezuela, because of hyperinflation. I believe you’ve ever come across these frightening images, and you might have guessed that something’s wrong with our economy. So, the question is: if gold is such a reliable asset with such an unbelievably long history, why then some people, some well-known personalities do not recommend to invest in gold? Let’s do research. Let’s go to YouTube, and search for “should you invest in gold”. We’ll see that Tai Lopez, a well-known investor, who has a lot of luxury cars in his garage says that there is something a lot better than gold that he used to get him from being completely broke to driving a Ferrari and Lamborghini. He’s hinting around about starting a business. That’s good, Tai, but if you are an average person who wants to save, let’s say, two hundred thousand dollars for your kid’s future college education, or for your retirement, and use this money in 10 or 20 years, it’s crazy to start a business with that money. 95% of small businesses fail in the first five years. Moreover, not everyone is entrepreneurial enough to start their own company. Starting a business is great. But we’re not talking about making money, we are talking about saving, right? Dave Ramsey claims that investing in gold and silver is a bad idea because gold will not protect you in case of a complete meltdown, and the collapse of the global economy. Yes, that’s right, but they will immediately, by “they” I mean “The powers that be”, they will create another fiat currency. Amero, for example. Remember these rumours about The North American Monetary union? What about this? Will it dissolve over time? What do you think, let me know below the video? So, my point is: if you have something between your ears, I mean, if you have the ability to soberly assess the situation and make decisions, I bet you are a little bit concerned. But have no fear, we’ll fix it. The real reason why people are sceptical about gold today is this. Yes, this is nothing more than an S&P 500 chart. What could be easier, a lot of people think than investing in a fast growing American economy? There is nothing wrong with investing in the stock market. I myself am a huge fan of Google, Facebook, Tesla. But it surprises me when people compare blue chips to gold, Facebook to gold, Google to gold, bitcoin to gold. Are you crazy? Apple didn’t exist 40 years ago, Google didn’t exist 20 years ago, Facebook didn’t exist 15 years ago, Bitcoin, yes, I know, it makes waves in today’s financial world, but it didn’t exist 10 years ago. And some people, some educated people, some well-educated people, much smarter than me, still tend to compare Bitcoin to gold, the stock market to gold, government bonds to gold, which has been known for at least fifty five hundred years.
Views: 196 Joyful Investor
How to find the right dental insurance comapny? This is the question, and here is the answer. In this video we give you an easy to understand illustrated explanation about choosing the right dental insurance company. Dental insurance is designed to pay a portion of the costs associated with dental care. There are several different types of individual, family, or group dental insurance plans grouped into three primary categories: Indemnity (generally called: dental insurance) that allows you to see any dentist you want who accepts this type of coverage; Preferred Provide Network dental plans (PPO); and Dental Health Managed Organizations (DHMO) in which you are assigned or select an in-network dentist and/or in-network dental office and use the dental benefits in that network. It may often go overlooked, but dental insurance is something that every individual needs to think about. In the event of a sudden toothache, the need for a regular checkup or cleaning and even possibly oral surgery, dental insurance is a must. Coverage is available from a variety of sources, including some employers and national insurance providers. Dental insurance is more affordable than medical insurance and can often result in low monthly payments for those who have to seek out the coverage themselves. The amount of insurance that is selected will determine what type of deductible, if any, the patient is responsible for. It may be surprising, but many people develop problems with their wisdom teeth. In the event that they do not develop as they should, they may become impacted underneath the gums and need to be surgically extracted. This procedure is very expensive and requires a certain amount of followup care, which can really add up without dental insurance. There are a number of other reasons that someone would unknowingly need dental care, including an accident that requires Unlike life or health insurance, the cost of dental insurance isn't particularly affected by age. While it's true that a patient's past oral health may be in question, it is much easier to get than other types. Prior to being accepted by a dental insurance provider, the patient may be required to undergo an oral checkup and x-rays in order to determine any previous or current conditions that may require treatment. In most instances, a new dental insurance policy will not cover previously known conditions. In other words, you could not find out that you have an impacted wisdom tooth and then sign up on a new dental plan to get the coverage for a procedure. The patient is required to disclose any previously known condition(s). Dental insurance can be purchased as an individual plan or for the entire family. In order to make sure that a particular dentist accepts a specific dental insurance, the patient should inquire about the office policy prior making an appointment or arriving for treatment. The worst time to learn that a dentist doesn't accept your dental insurance is after receiving treatment and immediately prior to getting the bill. In order to avoid the headache, make sure that the dentist will accept your provider's coverage ahead of time. In some instances, insurance plans are only accepted at specific locations.
Views: 564 Joyful Investor