Cybercrime and How to Prevent It

The growth of e-commerce has given rise to a new concern for security, cyber crime. Concerns regarding the same are constantly rising all over the world. Viruses are no more the only threat to one's computer; even a simple download from an illegitimate site can destroy your system and perhaps steal away all your your hard earned money. The new kid on the block, internet banking fraud, is making its name on the scene. It is one of the most dreaded forms of cyber crime, leaving people clutching for their money.

The first level of the security problem starts from the developing stage ie when the web site is being designed. If the developers leave any sort of a loop-hole, an eventual hacker can extract confidential information from the website. To fix this problem the website planners must ensure their script is very well planned and tested, especially those which deal with private info. In such cases, using a Digital Certificate (Digital ID) in conjunction with SSL encryption provides complete security for all parties involved in a transaction.

The second layer of the problem lies with the users, who generally end up giving their vital information to various sites which are not verified. In fact, major crimes happen due this very reason! Also, we should spare a thought to the most common cyber foe: viruses. Viruses are known to make their ways into a computer most inconspicuously, often disguised. One needs to take a lot of care to avoid these deadly pc-killers. The users should avoid p2p networks (peer-to-peer). One should try and download only from a known & trusted source, or else, you may end up granting free passage to malware.

For cracking down on viruses there are many good anti virus applications, including NOD 32, AVG, and Norton Antivirus. Although they tend to take a toll on the processing speed, they are necessary. Firewalls are also used to further enhance the security of the computers, by posing as a security "check gate" for your computer. Every year, there is an increased number of reports of cyber crime related cases. From a small credit fraud, to a major bank heist, it's all been done. Let's just hope it doesn't go any further.

Source by Jared Raines

What Are The Advantages Of Working As A Bank Teller?

Having a job as a bank teller is a fantastic job to have for several reasons. For starters, you get to work with the public. If you are a people person, this is great. You get to converse with a variety of people and help them with their finances. You can, for example let them know of other opportunities in the bank that they may not be aware of. Opportunities to make more money in a certificate of deposit or money market account, perhaps a no fee Visa (if one is offered) would benefit them or perhaps suggest how to use the equity in their home with a home equity loan, just to name a few. If you are not a people person, then this definitely is not the job for you.

Another advantage is that you get to work inside in a nice dry and warm office in the winter and a nice cool and dry office in the summer. This may not seem like a big deal until you have a job working in the elements. The rain, snow, sleet and sun can be torture unless you get a perfect 75 degree day and for most of the country, those days are few and far between.

Working as a bank teller comes with a lot of responsibility. Because you are working with other peoples’ money, you have to be trustworthy and a person of integrity. Not just anyone can pass the screening tests and be bonded. As you can imagine, the bank goes to a lot of trouble and expense to ensure their employees can be trusted with large sums of money. The bank doesn’t want to take any unnecessary losses and lose credibility with the public. The bank doesn’t want to see its name in the newspaper talking about how an unscrupulous employee embezzled thousands of dollars or how an employee helped with a bank heist.

Banks are known for having good benefits. Not only do they offer medical and dental coverage, but they also typically offer tuition reimbursement. If you are going to college or thinking about going back to college, having the bank pay for a portion of your tuition can really help out your budget. Speaking of college students, teller jobs are great for college students who have flexible schedules and are available for working on Saturdays and extended hours at in-store branches.

Another great thing about working for a bank is that it opens doors to opportunities outside the bank. Customers who have had an opportunity to see you in action and have liked what they saw, may let you know of opportunities in their organization. Not only that, but should you ever seek employment outside the bank, listing on your resume that you have worked at bank will give you a great deal of credibility. Bank tellers are known for being honest, trustworthy, dependable, accurate, ethical and responsible. These are the attributes most employers are looking for in a long-term employee and having experience working as a bank teller will most likely give you the advantage over your competition.

Source by Joy Peterson

Newton Gang Robs Two Banks in One Night

On January 9, 1921, the Newton Gang drove into Hondo, Texas, a small town 30 miles west of San Antonio, to rob one of the two banks in town. It was just past midnight and the temperature was near freezing.

The Newtons knew the night watchman in Hondo, and as was his habit, they found him huddled around a pot-bellied stove in the depot. They cut all of the telephone wires and then went back to check on the night watchman. He had not budged from his spot by the stove so Joe was placed across the street as a lookout while the rest went to the bank.

In his 1979 interview, Willis proudly told his version of the story:

“Sometime you just get lucky ’cause they had left the vault door open. They had left it unlocked so we didn’t need no nitro or nothing. We jimmied the window, walked over to the vault, tried the handle and she opened! You would be surprised how many times them banks would just close the door so it looked locked during the night.

“We had the vault cleaned out in no time and went to see if the night watchman was still in the depot. Sure enough, he was reading a magazine and drinking coffee by the stove. Well hell, we figured we had plenty of time so we’d go over to the other bank and give it a try. I kept Joe and Doc watching the night marshal while Jess and I went down to the other bank.

“We got inside that bank and cleaned it out. Damn, two banks in one night and the night marshal, he never come out of the depot!”

The local newspaper, the Hondo Anvil Herald, carried the story with a splash headline:

Yeggs Rob Hondo Banks

One of the Most Daring Robberies Ever Staged in Texas Occurred Here Sunday Morning

The people of Hondo were amazed and angered Sunday morning when it became known that both banks had been entered by yeggs, between midnight and daylight, and robbed of both money and valuables. Entrance to the First National Bank was effected by forcing the front doors; while the entrance to the State Bank was effected by prizing down the bars over the last window in the alley between Parker’s and the bank.

The newspaper went on to give an elaborate description of the robbery:

Owing to most of the money in both banks being in the money safes, with time locks set, the loss in cash was not serious, the First National losing a total of $2,814 while in the matter of actual cash loss the State Bank was a little more fortunate, its loss being $1,879; both banks losing a total of $4,694 nearly all of which was silver coin.

The funds of both banks were covered by burglary insurance, consequently neither will suffer loss. [Just like Willis had assured his brothers.]

Owners of private boxes, who had put their valuables in the vaults of the banks, are the heaviest losers, and their actual loss will not be definitely known for some time-probably a month-as the owners of the boxes are the only ones who can clear up the loss, the officials of the banks not being advised of the contents of the boxes.

The safety deposit box owners had cash, government bonds, War Savings Stamps, jewelry, and other valuables in their boxes so it was impossible to determine the exact amount taken in the robbery. Estimates of as high as $30,000 were never confirmed.

The article continued to describe the “safe experts:’

… That the robbers were experts is borne out by the fact that they were able to work the combination on the vault of the First National Bank. [Willis said it was left unlocked.] They were also experts in the use of explosive, the vault doors of the State Bank being blown open by one of the most powerful explosives known-TNT [ Willis swore in his interview that he never used dynamite-only nitroglycerine.]

The vaults were thoroughly ransacked and the floors were strewn with papers about two feet thick.

From the thoroughness with which the robbers made their search for securities it is evident that they spent two hours or more in the vaults of the banks and the private boxes of the customers are in a sad plight, most of them showing that they were beat open by some heavy instrument, probably with a sledgehammer that had been stolen from the blacksmith shop of Mask & Co.

… That the robbers were no tyros (archaic word meaning beginners) in the business of robbing is again borne out by the fact that they took every precaution against being apprehended by the possession of jewelry, gold coins, and so forth, which might lead to their identity. The floors of the vaults were literally strewn with such articles as might lead to their detection. Notes and other articles of value that could not be turned into money were cast aside and left behind.

It is generally believed that the band was composed of from six to eight men, and that both banks were robbed simultaneously, a gang being assigned to each bank.

Another circumstance that indicates that the robbers were not new to the game of bank robbing is borne out by the fact that every telephone line in town was cut, apparently, before the banks were robbed. And this part of their plans was carried out most effectively and by an expert telephone man.

… Cables were severed, apparently with saws, and single wires were cut with wire clippers. Only three telephones connected with the local exchange were working Sunday morning.

The robbery was discovered by the night watchman about five o’clock Sunday morning and immediately reported to Deputy Sheriff C.J. Bless.

… Harry Crouch, our local telegraph operator, was summonsed and messages were sent east and west in an effort to intercept the robbers, but as far as the general public is advised, nothing was learned as to the direction in which the robbers went.

Detectives from San Antonio and the surrounding area converged on the Hondo banks searching for clues to the duel-heist robbery.

… One of the most remarkable coincidences of this whole business is that these robberies could have occurred right in the heart of the town and not more than 200 feet apart, and not one among our people being any the wiser until daylight it was revealed what had transpired, and that too, it was since developed that the night watchman and the two other men were in the waiting room of the depot, not more than sixty yards from the front doors of the First National Bank, while the robbery was being accomplished. The robbers must have done their work very silently to avoid detection. [It is hard to image a “silent” explosion of nitroglycerine.]

The word the newspaper used for the night burglars was “yeggs,” a popular vernacular expression of the era. It is interesting to compare the newspaper reporting to Willis’ account in which the vault of the First National Bank had been left unlocked and they used nitroglycerine (rather than TNT) to blow the vault door on the State Bank. Even more interesting was the fact that there were no follow up articles on the robbery. There was not a single mention of the multi-bank burglary over the ensuing months-although it contained large advertisements from both banks. It was as if both banks had never been robbed.

The Galveston Daily News on January 10 reported the robbery describing a “clew” that proved to be a red herring:

Robber Heel May Lead to Arrest

Telephone Connections Cut When Banks at Hondo Are Looted

San Antonio, Texas-January 10-A rubber heel, lost from a shoe, may lead to the identification of the bank robbers who made a successful haul of $20,000 from the First National Bank of Hondo and the Hondo State Bank early Sunday morning.

The bank robbers gained entrance to the two banks by prying the iron bars loose from rear windows of the buildings and manipulating the combinations of the vault in the First National Bank, but blew off the door of the vault in the state bank.

The haul was made from the safety deposit boxes in both banks, the robbers obtaining only $1,500 in cash from the First National and $29,350 of the state bank’s money. The smaller vault safes in both institutions were untouched.

The balance of the loot, it is estimated by officers at the two banks, was secured from owners of safety deposit boxes in the banks. Hondo was not aware of the visit of the bank robbers until almost noon Sunday, when the open windows at the rear of the two bank buildings were discovered.

Heel lost in bank.

Sheriff J.S. Baden, during his investigation was given the lost rubber heel, which had been found in front of the vault of the First National Bank. Further investigation disclosed a set of burglar tools consisting of a pipe wrench, saw, and chisel, which had been left by the robbers. These however are not considered as important for they are of a standard make, easily purchased at any hardware store.

Just outside of the window through which the robbers entered the state bank, Sheriff Baden found the numerals 13,555 scratched on the brick work. This, bank officials believe, indicates the amount the robbers secured from the deposit boxes in the bank. [This curious piece of information appears to have been just another “red herring.”]

Sheriff Baden believes the robberies were committed by a band of six men, who sent an advance guard of two into Hondo last week.

… Hondo citizens, who were up at an early hour Sunday morning, reported to the Sheriff that they saw a high-powered automobile leaving the outskirts of town occupied by six men. These, the Sheriff believes, were the Hondo robbers.

[Ironically] Sheriff Baden suffered a loss by the early morning visit of the robbers, as his safety deposit box in the First National Bank was broken open and $300 in stamps and $150 in bonds were taken. A $100 Liberty bond, the property of his son O.J. Baden, of Donna, was left in the box.

In light of the erroneous “clews’, the Newtons were never tried for the Hondo bank robberies.

Willis Newton was born in 1889 and died in 1979, making him the longest living Texas outlaw. He and the Newton Gang hit trains and banks in the early 1920s but their biggest haul occurred in 1924 when they robbed a train outside of Rondout, Illinois-getting away with $3,000,000. They still hold the record for the biggest train robbery in U.S. history.

Source by GR Williamson

Book Review Charles Bowden "Down by the River" Drugs, Money, Murder, and Family

No one much cares to confront the reality of the drug war. This reality gets very uncomfortable to most very quickly. Reactions in Mexico range from fatalistic acceptance and acquiescence to despair to "How can I make a buck off this thing?" Where are my pesos? To I had just better shut up and not think too hard about it, it's much safer that way. Explanations here in the United States start on the Left with. "Citizens need caring compassionate control from the government. We can't just let them run wild.", To the ravings of the right wing that has always been for repression of whatever sort at whatever time, fir whatever reason.

After 40 years of abject failure for the drug war the explanations and justifications grow greater more prosaic, tired, and ridiculous and I could go on. On the Right the authorities and the authoritarians insist that any war waged by an American Government can never be lost or abandoned. You have to keep drugs out of the hands, lungs, noses and brains of the people. Of course ignoring the fact that all the illegal drugs are widely available. And that prices keep going down. And ignoring the wars around the world that we are in the process of losing. Or have already essentially lost already. On the left if something isn't working we can fix it with some government program. Sometimes it does take a little tinkering and more billions and a new agency to get it right! So it goes on.

Charles Bowden weaves a narrative of three strands through his book Down By The River.

One is a very personal story of a family in El Paso that lost their son, the "good one, the golden boy". Bruno. The one in a large family that everyone loves. He was shot in El Paso, an innocent victim of trans-national border crime, a car-jacking … very rare at that time in the 1990's. Hundreds of cars were stolen and driven into Juarez. But car-jacking was not necessary. Alarm systems were primitive or non-existent. A late model car or truck could be hot wired in less than a minute. Or more likely something something more sinister and pre-meditated occurred. The government of Mexico is famous for among other things it's almost total indifference to the plight of its citizens in legal trouble in foreign countries. The accused carjacker and killer was a penniless Mexican teenager. For whatever reason, this time Mexico leaps to the defense. The money pours in. While Bruno Jordan was unconnected to crime or narcotics there was a connection. His brother Phil. A high official in the DEA. He was involved in hundreds of cases. In the end the family's agony and search for justice comes to nothing .. This mirrors the experience of the people of Juarez and Mexico entire. A country where Justice is a joke and there is no hope of ever finding it. But revenge is another thing. Sometimes that can be found. Until the revenged come to take it back.

The other thread is the story of the Mexicans: The narcos, the cops, the narco-cops. The Cartel Bosses, the underlings, the people, the undercover cops, their world.

There are few heroes. Bowden himself might be one. He might dispute that. Perhaps some of the journalists and the people that survive along with some of their humanity are as close to heroes here as we will find. As Bowden says in the end the drug war destroys all. There are no winners.

Thread number three is the documentary. Like bursts from an AR-15 he documents incident after incident of cases that only went so high. Of the complicity of every Mexican President in the narcotic business of Mexico and the US Of case after case that was quashed by American Attorney Generals and Justice Department higher-ups when it became too politically sensitive. Then would come "new and incorruptible agencies and leaders" in Mexico to gain more American support and money. The whole dog and pony show was always political. Always about more laws and more prisons and more money.

All built on a culture of snitches and betrayal and lies. Leading to torture, death, imprisonment, ruination of many lives, and now eight years later, the perhaps irrecoverable descent of Mexico into a failed Narco -Police State forever at war with itself. And the beat goes on and on.

There of course is the now familiar tale of a DEA bust of a drug courier, the call from the CIA, and the release of said courier and his product, because it is a "national security situation". The DEA agents try not to reach obvious conclusions, but whatever you say about them, they aren't dumb.

From Down By The River

Bowden writes:
I'm drinking in my yard with a retired DEA agent, he spent years in Mexico, survived gun battles, then spent more years tracking the huge flows of money, night has fallen and he sits in the shadow sipping a Pacifico, the beer of Sinaoloa. He likes to talk at these moments but he never wants these conversations to go on record, because he explains to me repeatedly, because "they" can not be beaten. And this "they" he refers to is the the CIA.

Bowden himself has said he held back on his conclusions out of respect to the Jordan family. The book is an eye-opener. Of course it's somewhat outdated because as horrible a situation as he paints only a decade ago, it is many times worse today.

These kind of books can be rated on a train wreck system … It becomes impossible to look away despite and because of the carnage that goes on and on and on.

I give it 6 locomotives and a thousand cars careening off the track falling down the mountainside upon the not so innocent village people of two countries.

Interview on Buzzflash

Interview on Democracy Now

Source by Edgar Clinton

Effective Financial Goal: The Five Characteristics

In financial management studies, an effective financial goal should have 5 characteristics which could be easily remembered as S-M-A-R-T. The following paragraphs explain all the 5 characteristics:

1) Specific

We might be thinking of being financially free but do you know what it takes? This goal is seems to be too general. Our goal needs to be specific so that we can focus particularly in each area of financial planning and easily to manage our own expectations. Specific goal normally has only one outcome.

For example, goal to invest RM200 per month in unit trust and accumulate at least RM2400 in a year; or spend within our budget every month. These specific goals are going to have different outcomes but when combined, they will ensure our cash flow to be healthy. When each specific goal is accomplished, we are getting nearer to financial freedom.

2) Measurable

We might be working very hard, but how do we know whether our goal is achieved? Therefore, our financial goals should be quantifiable.

For instances, we want to invest and accumulate RM50,000 in 2 years and the progress can be easily quantified by looking at our investment account statement.

In fact, we must be able to measure or review the progress of achieving the goal such as calculating our current net worth, debt-to-income ratio and reviewing, return-on-investment (ROI) and our current insurance policy. It is good if we can keep a journal and review our current planning.

3) Achievable

Many people are influenced by the ‘Law of Attraction’ and believe that ‘nothing is impossible’. Because of this, we’re tend to set difficult goals which require great effort. However, are these goals realistic and achievable? It’s important to know whether the goal is within our potential and logical norm.

For example, if your target is to achieve RM1 million in a year by only investing RM1000 per month in any scheme. How likely can these be achieved? In fact, such investment scheme will require very high ROI within a short duration and often comes with very high risk. You might lost your capital easily.

The most importantly, we should not stretch ourselves to achieve unrealistic goals. This is to avoid frustration over failure which could ended up in great disappointment.

4) Rewarding

We want to achieve a goal because want to get something in return or else nobody will work hard. While working towards goal achievement, we must be certain on the outcome to be achieved and it’s importance to our life. In fact, it must be meaningful and enjoyable.

For example, a man wants to invest his money to accumulate education fund for his son in 20 years. In the future, this goal will be rewarding because his son will be able to enroll into higher education.

However, the rewards could be in any form such as material, financial, relationship and spiritual.

5) Time-bounded

We need adequate time to achieve our goals. It could be short-term, medium-term or long-term, depending on the type of goals to be achieved. Timeliness has been an important aspect in life. Therefore, we should allocate a time frame to avoid procrastination. It will be good if we can set a schedule for everything to be done.

For instances, saving for retirement would require many years because it is a long-term planning and involved huge sum of money. Therefore, planning for retirement in a short-term (1 to 5 years) could be unrealistic unless someone is willing to have huge commitment on this.

In brief, time is priceless because it gives chances for development and create greater outcomes. Therefore, the wise man always said, ‘start early and stop procrastinating’.


An effective financial goal would always has these SMART characteristics; Specific, Measurable, Achievable, Rewarding and Time-bounded. This is to ensure that our goals are meaningful and get us closer to financial freedom. Good luck in your goal setting.

Source by Isaac Wong Mun Yew

Writing a Financial Plan on Your Own

Like anything in life, you need a plan to succeed. That applies to your personal finance too. No one is completely secure financially unless you have accumulated millions of dollars and decide to live off the nest egg for the rest of your life.

Unfortunately, for most people, they are unprepared for retirement. Financial planning is crucial in reaching your goals of retiring comfortably. But having say that, how does one go about writing a financial plan without any formal education?

Below is a quick step-by-step guide to writing your own financial plan. Of course, a professional financial planner may be able to give you a more comprehensive financial plan but this will be a good step forward in understanding your needs and clearing some stumbling blocks.

1. What Are Your Objectives?

Don’t be afraid to dream – you only live once. Think about the size of the home, the education, your family, etc. Just pen these thoughts down of how you want the future to look like. Once you list down your ideals, remember to factor in mundane issues like kids education, insurance, etc.

Your goals should include:

* Education. Regardless of your age, extra education and training are needed either for a career switch or self-improvement. A lot of people are taking college courses (even with teenagers) or upgrading to an MBA to climb the corporate ladder. Even if college education is out for you, you still have to plan for your children’s college degree, unless you intend to leave them to their own devices.

* Career. What field do you desire to work in? Is it a creative job or a typical 9-5? Or do you want to be your own boss? Do you want to create multiple source of passive income?

* Lifestyle. Is work or family more important? Are you contended with “simpler living?” Do you desire a Porsche or BMW? Do you want to live in a mansion, a seafront house, etc? Do you have expensive hobbies life golf? These all cost money so tabulating the expenses and matching it to your income is necessary to achieve your lifestyle goals.

* Retirement. Don’t forget about retirement. It is a moment when you lose your income. So how do you want to live while retired? Will you downgrade your house, live with your children, or move to a retirement community?

* Insurance. Nothing is certain in life. You need to be insured for worst case scenarios. Every financial plan must have provisions for insurance.

These objectives may seem daunting but they need not be wishful thinking. The actual money set aside could be much less than you think, if effective financial planning is involved.

2. Plan Your Income

Of course, your financial plan isn’t just about your dreams. How are you going to pay for it? I assume you don’t have a sugar daddy, so you should be following a life of employment. Most people have their career path charted in this format – go to college, get a job, work hard up the ladder and retire.

There is nothing wrong race except there is high uncertainty in today’s globalized environment. People change jobs all the time due to layoffs or to seek fresh challenges.

Instead of a day job, you can consider starting a businesses or becoming a freelancer to sell your skills. Business isn’t just for those with money, MBAs or connections. You can start a home business to mange lawn care, making money online with a website or a vending machine business.

Besides becoming your own boss, you can find other income through network marketing or investing.

Investing is efficient in building side income as it is simply growing the money you already have. You can buy gold, stocks, bonds, real estate, etc.

Regardless if you are a business owner or an employee, you should not let your money sit idly under your mattress. Even putting your money into an online savings account is more profitable.

3. Writing Your Financial Plan

At its core, a financial plan is a lifelong budget. You’ll be budgeting not just your next paycheck, but for your entire life. Planning involves knowing how you’ll get there and when you’ll get there. There are no hard and fast rules.

You have to be rational enough to assess your current situation, creative enough to see what is possible, and have the integrity to follow through with the plan. Remember, just because it’s on paper doesn’t mean it will happen – you have to decide to follow through and live up to your goals.

Get started by doing the following:

* Timeline. Establish where you want to be in five years? Ten? Thirty? Fifty?

* Research necessary costs. Your current “bills” plus 5% inflation per year. Don’t forget to factor in life insurance, health insurance, car insurance, etc.

* Research luxury costs. What you “want” to do. Cruises, nice cars, nice house, etc.

* Plan income strategy. For most people, they start with salaries. But don’t forget that your job isn’t your only means of income. Starting a side business, a money making hobby, or even making money online are viable options for extra income.

* Plan Investments. Investing is simply a must to counteract against inflation. You can invest in anything. Just make sure you know what you’re doing, and don’t put all of your eggs in one basket. As you age, financial security should become more and more important.

Try to factor in every cost and possible incomes. Whenever you aren’t sure about the numbers, be conservative. Also, bear in mind that a financial plan is ALWAYS about your goals. It’s not just about the money – it’s about getting what you want out of life. Money is just the tool.

Source by Barry Ritz

Is It Feasible To Invest In Bitcoin?

Chances are that you are reading this article after the latest frenzy of Bitcoin value jump that saw it just shy of the $20,000 mark. Now you are looking for reasons to invest in this cryptocurrency and the blockchain technology. Here are some of the reasons you should:


The first thing many people think, when they hear of the current price, is that they are too late and people who are still buying Bitcoin are just jumping the bandwagon. In truth, with years of mining to come and the currency is still in infancy (more like teenage years), the value of it is still to rise and it is a sound investment.


Blockchain is not just about cryptocurrency. It is the future of supply chain and fighting counterfeiting. Super smart protocols such a DAO (Decentralized Autonomous Organization) and Smart Contracts are a few things to stem from blockchain that automate workings of an organization and transaction of money.


Every day people are robbed and bank heists are done. Bitcoin and Blockchain ensures that the money stored in your digital wallet is at a security level that is extremely safe than the virtual number depicting your cash in your local bank.


Ever had the bad experience where you need to send some money to the other side of the world and the amount of charges for currency conversion, opening Letter of Credits, banking charges etc. made you cringe? Bitcoin does away with all that. Since there is no banking system when it comes to cryptocurrencies, there is no intermediary like a bank. You can avoid all these excessive charges by sending money directly to the intended recipient.


Did we mention you can send the money directly yourself? That saves you the time since you do not have to fill in forms and applications. Just ask for the receiver’s public address and click away the required amount.


Since Bitcoins are limited in number (only 21 million will ever be produced), the value of this cryptocurrency cannot be devaluated as the limited supply but an ever increasing demand means that it is self-floating currency. No inflation translates to an excellent investment.


Remember the Greek financial crisis where the city councils were asked to hand over extra cash to the central bank? With normal currency, the central bank is the owner, not you, and can force you to give it back to them. Bitcoin is owned by no one, but yourself for the amount in hand. No one can force it away from you.

It is not too late to invest in Bitcoin and Blockchain, but like any other currency, the future cannot be predicted. Study the charts of your preferred bitcoin exchange soundly before committing to an investment.

Source by Saad Ullah Butt

The Identity Bank (DNA)

The Program for the “Participatory Administration”

The maximum grade, or level of life that can reach a society or civilized Town, consists on being able to implement on its governments, the System of the Participatory Administration, since on that way The people demonstrates that is able to administer theirs resources on a Self-sufficient way and never is committed will see the patrimony publishes, on but of 50%, That which guarantees that the I.P.B. it is distributed with Total Social Equity’.

“To Your Neighbors like yourself!”

Taking into account that maxim of coexistence, we will be able to notice that until there, it is natural that we surrender or let us delegates our resources, therefore giving 100% of our resources, so that they administer it to us, it has not always been the best deal.

Since when we delegates our resources so that they are always administered by politics, it is the worst negligence on what our rights and economic duties and sovereigns for the state, because we always think that this will make it on the best way, although up to now the reality had demonstrated that only it has been squandered or wasted the worse way but unpunished, inapt or inefficient, and when we comes to see, it is already very late and there is nothing we can do about it.

The Social Virtual Banking Bag (The Saver Shareholder)

The Program for the “Participatory Administration”.

It is to divides 50% of the gross domestic product among the population’s identified 100%, so that it can guarantee the satisfaction of the four vital necessities of: Feeding, Social Attendance, Housing and Education, on a bank bill that serious administered for the number of the identification Card and the electronic I.D. The same ace to credit card, offered maximum personal, social, juridical and economic security.

The saver shareholder (The Social Banking Bag)

The saver shareholder, will be the biggest advantage in this Administrative System, since it´s will allow the citizens to participates in to continuous stock exchange, with sustained earnings of 50% approximate, since the bank when financing the basic necessities, for the population’s 100%, will reduces the costs to 20%, then it increases it 50% and the saver bought with 40% discount, but the bank acted like to social stock exchange and it generated 50% of fixed monthly interests, for the benefit of the same savers that plods at the same, shareholders of the bank.

Maximum personal security

The electronic identification when working ace credit card, eliminated the necessity of money cash, with that, there won’t be robberies for money neither heist, it will equally also serve ace passport, history expires, civil status, vitae curriculum, D.N.A trace, etc.

Also, with the implementation of The Golden Bolivar, it will be able to guarantee the sovereignty of the purchasing power of the work, in grams that always eternal, (A gram will always be a gram) and not in sent that depreciate ace salt in the water. This way, won’t it get lost the whole realized effort of an entire life, ace it pass the one that had, 5 million Bolivar’s, in retirements founds when the bag of cement worth five Bolivar’s, it was 5 million cement sacks; and today in day, doe to devaluation the sack cost 20 Bs.f what indicates a lost of 750.000, cement sacks; that if it´s would have them nowadays, they would be anything less than 20 million Bolivar’s F cash That such?.

“A Profitable Monetary Politics” or an inflationary monetary politics Financier?

Every cheats that to currency of one Bolivar’s is manufactured, if we consider the cost average for coinage, packing and distribution, we Have that approximate, it costs of 2 Bolivar’s F to produces it, witch what we have to currency financier and inflationary to 2 hundreds % approximate, of lost for the treasure publish.

But if we produces to currency of gold of 5 Grams, which has to it valued of 1 hundreds Bolivar’s F the gram when buying it in the world market, = Bs.F 5.000,00 and the bank increase it 100% of their valued, for coinage, packing and transport, = Bs.F 10.000,00 for currency, (that which is the good minimum of any Gold productive economic operation,) we have the best guarantee and security for the labour effort, at to cost zero for the state and with the cost of coinage of hardly 0,01% of Current their valued that guarantees in grams, the security and the sovereignty of the purchasing power of the work, as well as the retirements founds; so that this doesn’t continued getting lost, of winning of the purchasing power of the work, in grams that always eternal you have 10 cement sacks per day in the eighties, to not even to gain 3 sack that we win at the moment. how’s it going?.

What does it means?…

It means the total guarantee for the security of the purchasing power of the work and the sovereignty of the work effort, so that it doesn’t demean or minimize, ace it has happened us for the exchange depreciation of inflation process with the black Friday.

The sovereignty of the folks resides in the purchasing power of theirs work, or what is similar to its minimum wage and level of life, that which this inseparably bound to hard currency and stable that is based in grams that always eternal, and not in sent that always depreciate ace salt in the water.

Following steps

We live the best moment in our history to achieve the maximum social and economic evolution that we can reach, to carry out our present and The Millennium of Prosperity and Peace; with our voice in the economic constituent. Let us don’t allow it to pass by.

We should spread and diffuse our right acquired with the blood and the sacrifice of our liberators. Professionals and economists, labour accountants and sensitive workers, students and military that therewith doesn’t pick up, it spreads, let us fight so that our votes is for the realization of the Bank of the Identity and “The Participatory Administration”… Be all welcomes; one sails swallow doesn’t make summer, but all the united swallows do it… Even If it is winter!..

“The Competitive Democracy Altruist” ¡The Democracy of The New Millennium!…

Integration of Transcendent National Understanding, Trying to Develop Demographic Alternatives, with efforts realized organized.

Source by Jose A Guevara M

5 Things to Consider While Selecting a Financial Planner

Unlike someone calling himself a CPA or a physician, just about anyone can call himself a “financial planner” or a “financial advisor” regardless of their educational background and professional experience. Moreover, not all of them are unbiased in their advice and not all of them always act in their clients’ best interests.

To ensure your financial planner is well-qualified in personal finances and impartial in his advice, consider the following five things:

1. Planning Credentials: Having a highly-regarded credential in financial planning, such as Certified Financial Planner (CFP) or Personal Financial Specialist (PFS), confirms that the professional you intend to work with has acquired the education and experience necessary to serve as a financial planner. CFP and PFS credentials are awarded to only those individuals who have met the certification requirements of education and experience in planning for personal finances. In addition, they have to pass the certification examinations and agree adhere to the practice standards and continuing education requirements.

2. Subject Matter Expertise: Financial planners are planning professionals, not necessarily subject matter experts. For example, a financial planner will be skilled in tax analysis and planning,but unlike a Certified Public Account (CPA) or an IRS Enrolled Agent (EA) he might not necessarily be a subject matter expert when it comes to tax rules Similarly,a he could be skilled in chalking out an investment plan, but unlike a Chartered Financial Analyst (CFA) he may not be an authority in the subject of investments. Work with a financial planner who is also a subject matter expert in those areas of personal finance that are important in achieving your financial goals.

3. Client Specialization: Not all financial planners serve all types of clients. Most specialize in serving only certain types of clients with specific profiles. For example, a personal planner may build his expertise and customize his services to serve only those individuals and families who are in certain professions, or a particular stage of life with specific financial goals and net worth. Ask whether the planner specializes in serving only certain types of clients with specific profiles to determine whether he is the right fit for your situation and financial goals.

4. Fee structure: The fee structure largely determines whose interests he serves best – his client’s or his own. A Fee-Only professional charges only fees for their advice whereas a Fee-Based professional not only charges fees but also earns commissions, referral fees and other financial incentives on the products and solutions they recommend for you. Consequently, the advice from a fee-only one is more likely to be unbiased and in your best interests than the advice from a fee-based financial planner. Work with a professional whose fee structure is conflict-free and aligned to benefit you.

5. Availability: He or she should be regularly available, attentive, and accessible to you. Ask the planner how many clients he currently serves and the maximum number of clients he is planning to serve in the future regularly. This clients-to-planner ratio is one of the key factors in assessing your planner’s availability to you in the future. Also, ask which planning activities are typically performed by the planner and which ones are delegated to a para planner or other junior staff members. Lastly, make sure the planner is easily accessible via phone and email during normal business hours.

Once you have shortlisted a few well-qualified and unbiased financial planners in your local area, consult the ones who offer a FREE initial consultation first. During the initial consultation, assess the planner’s availability and any other professional attributes you are seeking in your financial planner.

Having a well-qualified and unbiased financial planner by your side is extremely important in your journey towards your financial goals. When searching for one, consider the planner’s professional credentials, client specialization, subject matter expertise, fee structure, and availability to select the right financial planner for your needs.

Source by Ashwin Dhanesha

Real Estate, And Financial Planning: Best, When Used Together!

Many, often, articulate, some of the essentials, of financial planning, but, do so, without fully, paying attention, to what this should include, and mean! There are many necessities, including the need, to include, all possible components, which might enhance one’s ability, to be, as successful, from a financial perspective, as possible. However, many, only look at this, in terms of stocks, bonds, and other investments, without, fully considering, where real estate, should fit in, to the overall equation. It takes intelligent, financial planning, both, from an overall perspective, as well as, a specific one, to determine, how to create, the proper balance, and direction, for each of us. There is no such thing, as, a, one – size- fits – all, approach, but, rather, this article will attempt to consider, examine, review, and discuss, why, in most instances, real estate, should be, a vital part, of one’s personal, financial plan.

1. Beginning the process: One should begin, this process, by giving himself, a check – up, from the neck – up, and determining what his personal, financial goals, are, and why. Real estate, should be broken into two categories: personal housing; and investing. For most people, the value of their home, represents, their single – biggest, investment, as well, as housing, and owning, a piece, of the American Dream! In many instances, from an historical perspective, investing in real estate, has been a quality decision, because, not only, does the property, itself, help to keep up, with inflation, but, there are tax benefits (including depreciation, etc), and, when, done, properly, a positive, cash flow. Before, this can be done, effectively, and efficiently, it’s important to be prepared, for the financial necessities. These include: funds for down – payment, and closing costs; financial reserves for repairs, renovations, maintenance, and upgrades; and; a reserve for contingencies. When investing, consider cash flow, rates of return, and, both, the possibilities, and ramifications.

2. Do you wish to be a landlord?: Are you, ready, willing, and able, to be, a landlord, and the associated responsibilities, stresses, strains, hassles, and potential tensions?

3. Balanced portfolios: Wise investors seek to diversify, and, doing, so, means, properly, balancing, investments in stocks, bonds, savings, real estate, etc. Real estate, traditionally, increases, in value, at, or slightly, more, than the inflation rate, while, bonds, often do not, and stocks, are often selective, and challenging, to balance, and choose, properly and effectively.

4. Personal home: How important is it, to you, to achieve, some part of, the American Dream, by owning a home, of your own? It makes sense, to weigh, whether you should buy, or rent, where to do so, advantages and disadvantages, and the ways, to be, financially prepared, for contingencies, and enjoy it!

5. Investing in real estate: Some people use Real Estate Investment Trusts, or REIT’s, to participate, in real estate investing. They hope, to take advantage of professionally managed, portfolios, but, should, recognize, some are, more conservative, and income – oriented, while others, may be, less secure, and more speculative! Others begin their involvement by buying a two – family house, and it is wise, to weigh, the costs, versus, the potential, and risks.

Wise investors balance their portfolios, and, thus, their risk/ exposure. Are you willing to commit, to proceeding, wisely, and with your, eyes – wide – open?

Source by Richard Brody