Climate Finance

Re-evaluate your manner of driving - if you have been involved in one or two accidents lately or you have recently received quite a few tickets, assess your driving. The more accidents you get involved in or the more tickets you accumulate, the higher your premium will be. Therefore do all you can to change your style of driving and avoid getting yourself into unnecessary accidents, as this will go a long way in saving you from serious trouble because the insurance company can get fed up with you if you continue racking up accidents and tickets

You dont need to wait until the moment your vehicle insurance is due for renewal before deciding to change your insurance company though it is the most sensible thing to do. Though your coverage will always be prorated by your insurance company and any unused part refunded to you, it can be a big hassle trying to obtain the unused portion. It is much easier to cancel between renewal periods.

When you purchase a new insurance policy, you dont need to abandon your old insurance provider without informing them, due to the fact that your policy will be annulled because of your default in paying. This is not good as it gives you a bad record which could lead to you getting higher premium rates in the future

A search on the internet will give you some of the cheapest car insurance deals. The reason for this is because direct selling by the insurance companies eliminates the costs of agents or middle men thereby saving the costs that should have gone for such purposes. This helps the insurance companies make more money in return and the customer gets a little benefit by means of discounts

If you are leasing a rental truck, it is better for you to buy rental insurance because many car insurance policies has no similar coverage if a commercial truck should get damaged. The provisions in your credit card do not provide the same coverage for damages on a commercial truck. To be certain, please read your policies. Most of the time, you are far better off buying rental insurance when leasing a truck

Get from your insurance providers the different discounts you might be entitled to; for instance, as a student, some companies will offer you discounts if you have a high GPA. There are other companies that offer discounts to people of a particular occupation or industry, therefore check with your provider and see if you are entitled to anything.

It is said that knowledge is power, so since you have become knowledgeable about the auto insurance by reading the information provided in this article, you have been empowered to get only the best from your auto insurance provider. It doesnt matter if you have a policy, you can still renegotiate and make the desired changes to your auto insurance coverage.

Whenever a lending institution receives loan applications, the decision on whether to grant the loan is based on two decisions: the property and the borrower. Both you and the property have to be in very good condition. On the borrower's end, the institution will look at aspects such as the credit rating, employment status, usable monthly income based on the salary, condition and history of existing mortgage deals. The property on the other hand has to be in mint condition or rather worth more than the principal amount requested. Both the borrower and the lender have to fulfill these requirements so as to qualify for a secured loan. However, there are a couple other details that can play a major role in getting you a secured loan.

First, make sure to find a reliable loan broker. Most lenders rely on brokers to get potential clients due to the convenience they bring. As such, it is vital that a borrower gets a good broker. With a good and reliable broker the borrower is more likely to get the loan in question paid out. In addition to this, the amount the lender pays the broker will have a bearing on the brokerage fee the borrower will have to pay.

Second, make the broker your partner, not your enemy. Working against the broker will only make things worse for you, the borrower. Obviously, you will be required to produce a lot of paperwork as brokers prefer following every step to the letter. It might seem annoying but at the end of the day, you will reap the right fruits when cashing out.

Third, make sure to have a sit-down with your broker and have him explain how the lender will go about your income calculations. In some cases, debt consolidation is the better option. In some, the fact that one got regular work on a contract basis in the recent past could be a basis to argue for better rates, regardless of being self-employed. Make sure to consider all possible scenarios with your broker beforehand.

Finally, make sure your credit ratings and taxes are in check before going after the secured loan. Using a program like Quicken can help make sure your credit score stays high by helping you keep track of bills and pay them on time. Quicken will also show you your current credit score and keeps you abreast of any changes to your credit report. Compare versions to make sure you get the right one for your needs. Most lenders do not like seeing any sort of arrears, be it in your taxes, bills, mortgage, or other loans. Deal with any possible defaults as early as possible.

Everybody knows the phrase stock trading but truth is not many comprehend the happenings that take place during the actual process of trading. The exchange of securities usually happens physically so as to reduce risks.

Most stocks are traded on exchanges, which are places where buyers and sellers meet and decide on a price. Some exchanges are physical locations where transactions are carried out on a trading floor. You've probably seen pictures of a trading floor, in which traders are wildly throwing their arms up, waving, yelling, and signaling to each other. The other type of exchange is virtual, composed of a network of computers where trades are made electronically.

The purpose of a stock market is to facilitate the exchange of securities between buyers and sellers, reducing the risks of investing. Just imagine how difficult it would be to sell shares if you had to call around the neighborhood trying to find a buyer. Really, a stock market is nothing more than a super-sophisticated farmers' market linking buyers and sellers.

Sourced from: http://www.investopedia.com/university/stocks/stocks3.asp

There is a lot of action on the trading floor. Prices fluctuate in a matter of seconds and this due to a number or reasons. It could be investor sentiment, economic factors, company or industry performance.

Industry performance

Often, the stock price of the companies in the same industry will move in tandem with each other. This is because market conditions generally affect the companies in the same industry the same way. But sometimes, the stock price of a company will benefit from a piece of bad news for its competitor if the companies are competing for the same market.

Investor sentiment

Investor sentiment or confidence can cause the market to go up or down, which can cause stock prices to rise or fall. The general direction that the stock market takes can affect the value of a stock:

Bull market – a strong stock market where stock prices are rising and investor confidence is growing. It's often tied to economic recovery or an economic boom, as well as investor optimism.

Bear market – a weak market where stock prices are falling and investor confidence is fading. It often happens when an economy is in recession and unemployment is high, with rising prices.

Sourced from: http://www.getsmarteraboutmoney.ca/en/managing-your-money/investing/stocks/Pages/Factors-that-can-affect-stock-prices.aspx#.VrCwbGx97IU

There are two kinds of markets on the trading floor. There is the bear market and the bullish market. With a bullish market the prices go up while a bearish market is the opposite.

What is a Bull Market?

Bull markets happen when the market is goes up aggressively over a period of time. As the market starts to rise, there becomes more and more greed in the stock market. You see more and more people thinking, “Oh yeah let’s put money into the market because it’s going up.”

What is a Bear Market?

The bear market definition is exactly the opposite of a bull market. It’s a market where quarter after quarter and the market is moving down about 20 percent. That signals a bear market, and when that happens people start to get really scared about putting money into the stock market. That’s because they don’t know how to invest Rule #1 style.

Sourced from: http://www.ruleoneinvesting.com/blog/how-to-invest/whats-the-difference-between-a-bull-and-bear-market/

It calls for a trader to be well informed in the midst of these two extreme market sides. They should not be caught unawares and that calls for trading tips that will help them get there.

Rule 1: Only buy stocks above their 200-day moving average.

This rule, more than any other, is the reason why people who use it have done well this year. If you go back to 1995 and look at every stock’s 5-day performance above their 200-day moving average versus below, you will see edges on the stocks that were above the 200-day (this is on a sample size of over 8 million trades). What the statistics don’t truly reflect though, is the wreckage many stocks below the 200-day moving average cause. Go look at the charts of Bear Sterns, Countrywide, Lehman, Wachovia, the mortgage companies, the home builders and many more and see what happened after they broke under the 200-day moving average. Nearly every money manager in the world could have protected their investors from this one simple rule. And you can too by simply avoiding stocks below the 200-day.

Rule 2: Buy stocks above their 200-day on pullbacks.

There’s an entire generation of traders who like to buy breakouts and some are successful at it. But if you look at the average short-term returns on stocks making 10 day lows above their 200-day moving averages versus 10 day highs, you’ll see significant differences. Stocks making 10 day lows have far outperformed stocks making 10 day highs. And again, this has been seen in testing millions of trades for over a decade’s period of time.

Sourced from: http://tradingmarkets.com/recent/5_simple_rules_for_making_money_in_this_market-644561.html

Are you have trouble managing your personal finances? Do you find it a struggle to save money for college or for your retirement? Do you experience a sense of dread when tax season comes around again? If so, it may be time to take action and hire some of the best accountants in Watford.

By doing so, you can relieve a lot of your stress and anxiety. A good accountant can provide assistance with many different tasks, from creating a household budget to minimizing your tax bill. Once you have found a good accountant, you will realize just how valuable such services can be.

When you are looking for the right person to assist you, keep these points in mind. Doing so will help you make sure that you hire an accountant who will do a great job.

As with any type of professional, experience is a key factor to consider. A good accountant should have at least five years of experience in the field, and preferably more. While a more experienced accountant may cost more to hire, the additional expense will definitely be worthwhile.

Make sure that the accountant has experience in the right area as well. If you need help managing your personal finances, an accountant who specializes in corporate finances may not be the right choice. If you are having trouble filing your taxes, you need a tax accountant, not someone who focuses on saving for retirement.

While any skilled professional can provide a minimal level of assistance with most financial issues, you will get the best results if you look for someone with expertise in a particular area. Be sure to ask about this when you first talk to a particular accountant. Asking the right questions can save you a lot of time in the long run.

Take a little time to get to know the person before you decide whether or not to hire them. Since you will be working closely with the accountant to manage your money, it is important that the two of you get along well. Personality conflicts can make it very hard to maintain the kind of professional relationship that is required for financial success.

Figure out how much you can afford to spend on an accountant before you start looking for one. A good accounting firm may not come cheaply, and spending more than you can really afford will not help you get your finances in order. Look for a firm that charges rates that are reasonable so that you do not end up making your situation worse.

If you need help saving for retirement, college, or something else equally expensive, try to find an accountant who provides financial planning services as well. This way, you can make sure that your short-term actions do not conflict with your long-term goals.

The best accountants in Watford can provide assistance with many types of financial issues. Start looking today so that you can get the help that you require.

Most things we look to do better in life require patience and practice, and becoming better with your finances is no different. Accountants in London suggest that good money habits build up over time and will eventually lead to a bigger bank account and a more stable retirement. They have compiled five essential tips that will help you reexamine how you think about and handle money on a daily basis.

It is important to be mindful about your spending habits. Too many people do the exact opposite and are quite careless in their spending and saving habits. All that is required is for an individual to pay more attention to how they are spending their money and stop buying items impulsively. When you consider each purchase carefully, you will begin to buy only what you need and can afford. Ways of being more mindful of your spending habits include making a daily or monthly budget, using lists at the store, and only buying items when you can truly afford them.

Always be mindful of all your financial transactions either in retail shops or online. It is essential that you are vigilant about each transaction no matter how small it may be. While clerks use sophisticated computerized registers, mistakes are still made when ringing items up and handing back change. Always watch the price that is rung up while standing in line. If there is no easy to read display, scan the receipt while still in the parking lot for mistakes. Likewise, always look over your bank statements for odd charges or fees. It is best practice to check your bank statements to watch for fraud or unauthorized use of your accounts.

While it may sound corny, it is always wise to respect the currency in your hand. When money is mistreated, you diminish the value of it and are saying it is fine to abuse it. Whether you have one single dollar or a hundred dollar bill, treat them equally. Do not wad your money up in your pocket or toss it in your purse like trash. Instead, place it in a wallet and take care of it and know how much you have daily. Take all of your change from your pockets and purse and place it in a jar at home. At the end of the month deposit it in the bank. You will be rather surprised how much will be in that jar by month's end.

Only use credit cards if it is absolutely necessary or they are needed for a reservation or online charge. It is better to use your debit card for all of your purchases and keep the credit cards hidden from view. If you have a credit card that has good rewards use it for all of your purchases. Be certain though to pay off the entire balance at the end of the year. Be wary of card that come with high-interest rates and annual fees even without a balance. It is best to have a credit card but leave it at home, only to be used for for certain events.

Look at how you are spending your money on a monthly basis. Many people tend to sabotage themselves when trying to make the best decisions on how to save money and invest. Many people tend to get bad habits from their parents, culture, or just a lack of self-control. In order to bypass this in life, you have to take note of where you are spending your money. For some it is dining out, buying clothes, or going on vacations. Once you find out what your weakness is in life you can make changes in your spending habits and find a more financially sound spot.

Each one of these tips can be used to build a better and more financially sound future for you and your family. To start implementing these and many other strategies consult with accountants in London. Their experience will help you to identify the strategies you need to save and invest money for your future. Find a professional who you will be able to trust with your financial situation.

construction loan broker

Consumers become prepared better for buying a home when they start with their finances. It is their finances that have the largest impact on their ability to buy. This could help them qualify for a construction loan quickly and without great difficulties. A lender could assist them by presenting them with an early assessment.

An Early Assessment

When building a house, the first obstacle is to achieve the best credit score possible. This may require the consumer to pay off outstanding debts. They should review their credit history and start with negative accounts. It is these listings that could prevent their credit score from increasing. It could also present them with issues when selecting a home mortgage.

They should also consider negotiating with their creditors. This could help them achieve a settlement offer. This is a reduction of the total debt. In some instances, they could acquire up to a fifty percent discount on accounts that are placed in collections or charged off.

Contacting a Lender

A lender can help the consumer by showing them what mortgage loan products are available to them. The lender shows them what the down payment requirements are for each mortgage. They could also present them with a pre-qualification that will help them identify a budget for their new home construction.

Finding Properties Within the Designated Budget

The consumer should work closely with a real estate agent to identify properties within their budget. The agents have access to properties that are completed as well as empty lots inside planned communities. The agent could evaluate the budget set up by the lender and determine what properties are most affordable for the consumer. This could also include opportunities for remodeling loans.

Reviewing Closing Requirements

The closing requires the consumer to present all insurance policies needed for the property. The sales contract identifies what party is responsible for the closing costs. The closing is a meeting in which total mortgage value is given to the seller. An attorney manages the transfer of title for the new buyer. If the property is a new construction, the seller is either a builder or real estate firm.

Early assessments of their finances help consumers make sound decisions about buying a home. This could include new constructions and renovation possibilities for existing properties. A lender helps these consumers identify what mortgage is most affordable for them. Consumers who are ready to start this process for mortgage or home improvement loans should contact a lender now.

The spiritual grandchild of the Rio Earth Summit agreement of 23 years ago, the universal climate agreement (UCA), is the world's best chance to limit global temperature increase to two degrees Celsius. The universal hope is that it will be adopted at the global climate change summit in Paris, France, in December 2015. The UCA is important because it will record different countries’ commitments to reduce their carbon dioxide emissions, and, this time around, developing countries, too, will make commitments to reduce their emissions—and they are looking for how to fund the actions they will need to take.

How much money is needed by developing countries? Estimates are around US$ 450 billion per year from 2020 on: US$ 350 billion for reduced emissions and US$ 100 billion for adapting to the impacts of climate change. Some of this money will be provided by countries themselves. But to reach their emission reduction targets, a significant fraction will also need to come from developed countries in the form of official climate finance (OCF). These numbers may sound overwhelming, but context is paramount—they should be compared to net inflows of debt and equity into developing countries, which are estimated to be above US$ 1.2 trillion per year.

At the 2010 Climate Change Conference in Cancun, Mexico, the global community responded to developing countries’ financing needs by creating the Green Climate Fund (GCF). The GCF groups 196 sovereign states that are Parties to the United Nations Framework Convention on Climate Change (UNFCCC), and is the only multilateral financing institution in the world whose sole mission is to serve the UNFCCC’s climate objective. Its purpose is to promote a radical paradigm shift towards low emission and climate-resilient investments in developing countries.

How is the GCF expected to do this? By providing developing countries with direct financing for climate investments and by leveraging other financing, including private investors and financial markets. Funding will be concessional, and one of the GCF's greatest innovations is its risk-bearing capacity, allowing it to bear more risk and thus leverage other less risky financing, notably from the private sector.

A lot of work has been done since the GCF’s inauguration in Songdo, in the Republic of Korea, in December 2013, where it is headquartered. It is now open for business and has a growing network of more than 120 developing country focal points engaged with the Fund. Developing countries are central in the funding process and the GCF’s own Board is structured to ensure a balanced representation from developed and developing countries—a 50:50 ratio.

In the year since its launch, the GCF has already secured US$ 10 billion equivalent in financial pledges from 33 countries, including from developing countries. It continues to raise money on an ongoing basis. A significant portion of its pledges have already been converted into usable resources, and the Fund is ready to start investing in climate-sensitive projects and programmes.

How will the GCF operate? Through a network of accredited partners, trusted entities that will work on its behalf during the project cycle. These may include local institutions in the countries themselves, regional entities, private banks and funds, nongovernmental organizations and international organizations. The GCF’s accredited partners will deploy its resources through a variety of financial instruments (concessional loans, subordinated debt, equity, guarantees and grants) and monitor project impacts. The process to build the network of partner entities is ongoing, with applications received from all over the world, and some institutions already accredited.

To accelerate private sector investment in low-emission, climate-resilient activities, the GCF’s Private Sector Facility will work hand in hand with international businesses, capital markets and the local private sector in developing countries. Its risk-bearing capacity will enable the Fund to support private investments in, for example, energy efficiency, forest protection and reforestation, deployment of climate-related insurance products, adaptive agricultural methods in the face of desertification and other similar projects.

At the Paris Climate Change Summit later this year, the world expects member States to take some important decisions concerning climate finance. Total OCF commitments to date are a good start but only a fraction of what is needed to achieve the world’s climate change objective. In order to succeed, countries must agree to set in place predictable, long-term flows of OCF up to and beyond 2020, including quantities significantly larger than the initial pledges made to the GCF to date. The line of argument for increasing investments is simple—either we pay now or pay later and face the risk of significant development setbacks for all of humanity.

See more at: http://www.dailydevelopment.org/blog/climate-finance-investing-our-collective-future