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Types of Insurance That You Should Have

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Types of Insurance That You Should Have

The unexpected things can happen anytime – serious illness, accidents, disability and even death. While we can’t predict and stop these things from happening, you could get some protection to secure you and your family’s finances when the unexpected happens. An insurance policy is what you need to keep yourself secure during those hard times. 

However, with so many insurance types to choose from, it could be confusing to decide which one to get especially when it’s your first time buying an insurance policy. Choosing the right insurance depends on your current situation and what you really need. To help you decide wisely, you could seek the help of a financial advisor to know the right insurance policy that is best for you. 

Here are some of the essential types of insurance that each one should have no matter what your current status is.

Life Insurance

A life insurance is the most basic type of insurance that everyone should have. It is even better to buy it earlier in life while you could still enjoy the perks of low-price premiums. Basically, a life insurance policy provides financial benefits to the beneficiaries in case the insured person passes away. 

This could be used to cover funeral expenses, debts, replacement for lost income, or anything the family needs. You could also add more features into your life policy to increase its coverage and provide more financial support to the ones left behind. You could also insure the rest of your family with a family life insurance to secure the finances on unexpected events.  

Long-Term Disability Insurance

A lot of people think that they don’t really need this insurance. However, it is the exact opposite. Anything could happen anytime and there are chances that you’ll be unable to work and earn for a while because of a temporary or permanent disability. 

While you could cover the medical expenses using your health insurance, there are still other expenses to cover like the daily needs for your family especially if you’re the breadwinner. With a long-term disability insurance, you can secure the finances of your family in case you can’t be able to work due to a disability. 

Health Insurance

Although getting sick is a normal part of life, this event could surely drain your family’s savings in worst cases. One of the most common causes of sudden bankruptcy is due to serious illness. With the medical bills piling up and loss of income due to illness, your savings could get used up in the long run. 

With a health insurance, you don’t need to worry about the hospital bills and everything needed for your healing and recovery since this policy will cover it all. Since health insurances are mostly costly, you could opt to join in your employer’s insurance program if you can’t get a regular one. 

These insurance policies are a must-have to secure your finances in the long-term. If your employer doesn’t offer these policies, you could get one from your local trusted insurance provider to secure the future. 

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Finance Trends

Coinbase vs Coinbase Pro: A Complete Comparison For The Average Crypto Trader

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Coinbase vs Coinbase Pro

Coinbase has been one of the most popular places for people to buy and sell cryptocurrency since its inception in 2012. They have since rebranded to Coinbase Pro — this article will be looking into the new Coinbase Pro service and complete comparison between the two platforms.

You might remember hearing about Coinbase on the news a few years ago. But did you know that Coinbase has two trading services? This can be quite confusing for people looking to start trading cryptocurrencies, which is why I’ve decided to create this post that compares coinbase vs coinbase pro.

If you’re interested in cryptocurrencies, then you need to be aware of Coinbase. Coinbase is currently the most popular crypto exchange in the world and allows you to purchase cryptocurrency with fiat cash like USD or EUR (most exchanges don’t allow this). One of the reasons for its popularity is the simplicity it brings to the table — it does everything without the user having to worry about the nitty-gritty details. It even makes it easy for users to download their transaction history, making tax time a lot simpler. You may still want to use some sort of tax calculator, but—for the most part—Coinbase does most of the heavy lifting for you. But for some traders or those who deal in a lot of cryptocurrencies, Coinbase may be too simple. For these users, there’s a new platform called Coinbase Pro that has all the bells and whistles and might make you wonder if Coinbase Pro is better than Coinbase. In this article, I will walk you through all the differences between these two platforms and whether or not they stack up against each other.

Coinbase vs Coinbase Pro: What’s The Difference?

Coinbase is a digital currency exchange that offers cryptocurrency trading and brokerage services. Coinbase was founded in 2012 and has since grown to serve over 30 million customers across 32 countries.

Coinbase Pro is the trading platform for experienced traders and institutional investors, offering a variety of advanced features and greater access to liquidity.

Coinbase

Coinbase is a company that operates exchanges between several digital currencies and fiat currencies.It offers its services to retail investors, as well as institutions.

Founded in 2012, Coinbase became the first licensed bitcoin exchange in the United States. Today, it has expanded to offer support for more cryptocurrencies on its platforms — such as Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH).

Coinbase operates its business through two distinct segments: an exchange and an independent broker-dealer. Through the exchange, users can trade Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), and Bitcoin Cash (BCH). Users can also purchase these assets through the company’s broker-dealer service, which allows users to buy cryptocurrencies directly from it at market price.

Coinbase Pro

Coinbase Pro is a trading platform that provides tools for professional traders. It offers a variety of tools to improve the trading experience. For starters, Coinbase Pro supports up to 10x leverage. It also lets you specify the fee to be paid when making trades. You can either pay the taker fee or the maker fee.

The taker fee is the fee you pay when you initiate a trade request by taking an order from the order book. The maker fee is the one you pay when you complete a trade by creating an order on the order book. With Coinbase Pro, you can trade with less than $100 worth of cryptocurrencies because it allows for small-sized orders as low as $0.1 per transaction.

However, if you’re a more experienced trader, you may find that Coinbase Pro has all the resources you need for your trading needs.

User-friendly interface: With a simple user interface and clean design, Coinbase is known for being easy to use. They even have a mobile app (iOS and Android) so you can exchange coins on the go. Coinbase Pro is also easy to use but has more detailed charts and analysis options compared to Coinbase. If you want to make more advanced trades, Coinbase Pro might be the better option.

Coinbase Fees: The fees associated with Coinbase are higher than most exchanges but they are easy to understand: Purchase Fees – Buying crypto through Coinbase is simple and there are no extra fees other than what’s already built into the purchase price.

Selling Fees: When selling crypto on Coinbase you will again pay the market rate for the coin, but will also be charged a flat fee depending on the payment method used: 1.49% for bank transfers or 3.99% for debit/credit card purchases).

Final Words

Coinbase Pro is generally considered the more advanced platform and Coinbase often points customers to use Coinbase Pro for larger transactions, and when dealing with more complex transactions. While in reality, the difference is marginal between the two platforms. For more information, you should visit and explore the coinbase review at the Traders Union website.  

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Finance Trends

Company’s Liquidation and Its Advantages

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What Is Liquidation of a Company

Speaking about what is liquidation, it is a process when a limited company is involuntarily or voluntarily announces its insolvency. A limited company insolvency means that a particular company is not able to pay its debts. After this, the assets of the company are sold to pay the shareholders and creditors. The process ends by effectively dissolving the limited company.  No matter whether you have a public company or private company, liquidation is the only process to close down your business.

Liquidation and the available option

If you are a director of a company who wants to shut down or wind up the business, or is being forced to do that by the creditors due to some valid reasons, then you should understand the options.

Entering into the liquidation process means the company will not be allowed to trade, the staff will be redundant, and you will lose the value of the legal entity. On the other hand, if you are a director, you will not be allowed to use your power and can’t access the business’s bank account.

On the other hand, a licensed company insolvency officer will be appointed to deal with the creditors voluntary liquidation cost by organizing the liquidation of assets. The amount received from the sale will be distributed among the shareholders or claimants. Once done, the name of the limited company will be removed from the record of Companies House.

Liquidation options

  1. Voluntary liquidation by members

Well, based on the situation, solvent business owners may want to liquidate the company to exit the company. And if the proposal receives approval from more than 75 percent of members of the company, then a professional liquidator will be appointed to carry out the process. The liquidator will sell the assets and settle the debts of the company. And the leftover money will be distributed among the member and shareholders.

  • Compulsory liquidation

This will happen if the lenders or creditors file a petition to wind up the company as the company is unable to repay the debts. The creators can appoint a liquidator who will sell the assets and clear the debts of the creditors.

  • Creditor’s voluntary liquidation

It occurs when the directors of the company realize that they don’t have sufficient funds to pay the debts. They will appoint a liquidator who will handle the process along with the legal disputes as well as debts.

Some advantages of business liquidation

  • Liquidation of a business will bring all the business activities to an end in a legal as well as organized manner.
  • If the particular business is under pressure, the business can be closed, and the creditors can appoint a professional insolvency practitioner to complete the process.
  • Liquidation can remove the legal formalities and responsibilities from the directors or business owners.
  • Once done, you don’t have to maintain your VAT accounts, and there is no need to file tax returns and annual accounts.
  • In the case of employees, they will be allowed to make claims for any unpaid holiday pay, salary, redundancy from any government funds, and more. However, they need to follow the rules related to it.
  • Liquidation requires very little cash flow as the appointed insolvency practitioners will take their fees from the amount recovered from the sale of business assets.
  • If you are a director of the insolvency company, after the liquidation, you can go for other employment opportunities and can also establish a new company.
  • This will remove the responsibilities of a director to handle the creditors.

Now you have a better understanding of what is liquidation, to make the process easier and comfortable, you should hire a professional liquidator.

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Finance Trends

Best stocks to invest | Top 20 in the world

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Best stocks to invest

In this guide we will analyze which are the best stocks to invest today, illustrating the necessary steps for a profitable investment.

How to choose the best stocks to buy now? If we want to determine the value of a stock and understand its real potential, there are many factors to analyze:

The right time to enter the market

The stock’s valuation (overestimated or underestimated)

Dividends for shareholders 

Its long-term robustness

Why invest in the best stocks? The reasons to compose an investment portfolio with the best publicly traded companies are numerous, here are the main ones:

Profitable Asset – If we carefully choose the best performing stocks, the ROI of our portfolio will be high

Ease of Access: To date, just a few clicks and zero fixed costs are enough to buy stocks, just choose one of the best Brokers on the market to invest in this world.

Excellent diversification: only with equities can we create a diversified portfolio by sector, type and other useful criteria to balance risk

Where to trade the best stocks on the market? If you want to invest in stocks of large companies, you must understand which is the most suitable intermediary. Banks or other similar institutions have very high administration costs and commissions on the operations that they will help you carry out. 

A useful tip: before investing in the best performing stocks it is very important to choose a safe and reliable broker , to operate in complete safety and with advantageous conditions.

1. Apple

Technological colossus that ranks first in the world in terms of consumer satisfaction,  Apple continues to renew its products and services and provide very high-profile customer service.

No data suggests that this company will not continue its rise in the reference market in the coming years. It should be considered a safe and high-interest investment. Attention also to the possibility of greater investments in the Cloud sector , considered by many analysts as potentially very profitable in the coming years.

2. Amazon

Among the best stocks to invest, Amazon cannot be missing, for obvious reasons.

Shares of the most famous online sales company on the face of the earth are the most in demand and, for good reason, experts predict that profits will exceed 20% next year.

Amazon CEO Bezos himself said that the company expects steady growth for at least the entire next decade, there is no reason not to believe that the forecast is actually not correct.

3. Berkshire Hathaway

Berkshire Hathaway , one of the most powerful holding companies in the world, is the company of one of the richest men in the world according to Forbes. 

Warren Buffet is also considered the best investor in life. Although he is now very advanced in age (he is almost 90 years old), it is believed that his famous method of determining investments will be bequeathed to his company and its shareholders, who will continue to predict the market by measuring record profits.

4. Google

Choosing to include Google stock is a great idea, as this company has been operating under a monopoly for years.

No one has the same algorithm as the Cupertino company and over the years it has made stellar earnings, profits and performance on the Nasdaq ! It is also necessary to consider the Partnerships that will make Google an increasingly active company in the world of Fintech , already proven successfully by GooglePay.

5. Novartis

The Swiss pharmaceutical company, Novartis , holds the second place in the world ranking of multinational pharmaceutical companies in the world . 

Leading company in the pharmaceutical and Biotech sector , participates in the creation of important vaccines used in hospitals around the planet.

In a context like the current one, where healthcare is more than ever the order of the day, these companies are experiencing a rapid and solid rise in the market. It is now considered one of the best dividend stocks , a significant advantage when choosing which company to bet our capital on.

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