Albano Stock Transfer Services Hong Kong: How to Measure Your Investment Risk Tolerance

by

David D. ShadeYouth brings with it the adrenaline drive to risk life, limb and property; whereas age succumbs to the comfort and safety of less-challenging and more family-oriented diversions.Nevertheless, while majority of us improve our skills at evaluating risk as we mature, we somehow fail to assess financial risk as much as we should. In seems that in the stock market, we remain like tots unaware of the dangers that lurk in the forest.Until the winds blow high and hard upon us, we feel unconcerned about the risks even to the point that we totally give up on investing.Appreciating your risk tolerance is vital. Beginner investors often take so little risk and end up with un-invested and unproductive money lying around. Meaning to say, your money grows at a lower rate or is earning nothing whatsoever. The loss of time is a loss of opportunity which might never be recovered in the future.This is exactly what happens to those who try to recover lost time in their later years by saving and trying to make up for the lost time. This results in the investor tending to take more risk than necessary, endangering their investment and their personal future.Just like people who have beginner’s luck, an investor can be lulled into thinking that a few early successes prove one’s ability to make future consistent gains. Blind luck does not mean solid investment skills. You will realize this when your luck runs out. And then we put the blame on others except ourselves — the markets, the banks, the government and everyone else. How do you measure your risk tolerance? You may be surprised how easy it is. Ask yourself these four essential questions and see how financial experts do it:1. When will you need the money?If your time frame is, say 30 years in which you save and invest, you have high chances of weathering a few setbacks along the way. But if you are five years away from retiring, the assumption will drastically change.2. How many years will you spend in productive work? How many years in retirement?Many people reach retirement age unable to quit working because they have no savings. For those who plan to work during retirement, they make have higher risk levels compared to those who will not. Likewise, consider how long you might end up living in retirement. Oftentimes, running out of money in your later years is inevitable.3. How do you respond when markets rise?Do you celebrate and go on a shopping binge? People forget that they have not even made money on their investments, not until they sell those assets many years from now. Also, there are investors who see a rising market as a go-signal to invest more heavily, not realizing they are actually buying at much higher prices.4. How do you respond when markets fall?Do you feel depressed? Or fearful? In the same token, why should you feel down when you have not lost any money until you sell at a lower price than that at which you bought the stocks? Moreover, investors do not take the opportunity to buy as stock prices decrease, not the applying the vital rule to buy low and sell high.Properly assessing investment risk and determining your risk tolerance level is a crucial factor in any long-term retirement strategy. But if you learn the basic tricks, you can protect yourself from the common emotional trading pitfalls that retirement savers often experience.

The Vision of Albano Stock Transfer Services Hong Kong is to create model for record keeping that meets the needs of growing companies. Albano Stock Transfer Services Hong Kong provide flexible solutions tailored to meet customer needs.

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Submitted by: David Duford

Would you like to know what kind of final expense commission level you are entitled to as a new final expense agent?

The answer, of course, is, “It depends!” And this article will set out to define what to expect regarding commission levels and also to further investigate what details final expense agents need to be concerned with that factor into what they will ultimately NET (which is different from what they will GROSS).

For the most part, there is an inverse relationship between your gross commission level and the level of support you receive as an agent. However, many agents will attest that this is not always the case, as there are plenty of low-brow final expense agencies that con agents into low gross commission contracts yet do not provide a high level of support in return. Hopefully, with the knowledge gained from this article on final expense commissions, you will be able to determine which outfits will provide the best balance of value and gross commission levels.

Another reason I have written this article is that most agents get involved in the final expense business through the first person they meet; they have no benchmark to judge an offer against. Simply put, new final expense agents don’t know what they don’t know.

The Benchmark – Street Level Contracts

Street level contracts are defined entry-level contracts any agent can get without requiring proof of production. These are the highest no-production proof contracts new agents can get. Normally, agents can anticipate gross commission levels in the 100 to 120 first year commission percentage rate ranges.

So why don’t all agents simply pick up street-level contracts? Because with the exchange in a higher gross, comes less involvement from the upline to train that agent. Additionally, there is rarely any support in the form of marketing for the street level agent, either. The agent is left up to his own abilities to find a marketing program, learn how to sell, and learn the nuances of the final expense business.

Most new final expense agents shack up with an agency on lower-than-street level contracts in exchange with the expectation of training, support, and access to a proven lead-generation system. Many of these organizations will require the new final expense agent to purchase his own leads, while others do all the lead management for the agent.

Agents that are responsible for purchasing leads usually have a better gross commission contract than those who have the agency manage the lead program to reflect the added investment on behalf of the agent purchasing the leads.

A good rule of thumb for new final expense agents is to work with a final expense agency that will provide training, support, and a lead program (optimally using your own money) and in return, you should have a gross first year commission level between 80 and 100 percent.

Smart final expense agents understand that there is a lot of training he’ll have to undertake, from product selection, lead selection, underwriting, to salesmanship. all of this factors into where your commission rate should be. Finding a final expense agency that will provide all of this to you, along with you getting a feel that you get along with the manager responsible for you, is a great way to get started in this business.

Blue Sky and Unfair Contracts

Beware! Always be suspicious of the agencies that sell you on “blue sky” – IE, they show you money, cars, material possessions, et cetera. Many times these agencies gloss over the extreme level of hard work and emotional discipline that it takes to succeed, and excite you with the possibilities of being rich and famous.

Also, beware of agencies with super-low first-year commission levels in the 50 percent to 70 percent range that actually require you to buy leads at full pricing.

These agencies are committing highway robbery; the truth of this business is not everything you sell will actually stick, and you are at some financial risk from business that falls off the books and any advanced commissions you receive have to be repaid out of new business placed. Couple that with a full price lead bill, mostly likely in the several thousands, you have a recipe for financial disaster.

Ultimately, if you value support and training, and understand that you don’t know what you don’t know, you want to find a final expense agency that will provide you the tools to succeed in exchange for a short-term commission level reduction to reflect the value the agency is giving you. Yes, you do want to be at a street-level contract down the line, and if the agency is intelligent, they will show you to plan on how to earn you way to a top commission contract. Because, as first mentioned, your success is determined not just by what you make (your gross first year commission), but what you keep, which can be dramatically altered in a positive way by controlling lead costs, and optimizing your skill level to see more people and sell more insurance.

About the Author: David Duford is the owner of Final Expense Agent Mentor, specializing in helping agents new to the final expense life insurance business master the business through intense mentorship and guidance. Visit

feagentmentor.com

for more information.

Source:

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The Newcastle haulage company you need to know about by Declan EllisIf you ever require a company that will offer you top class, speedy haulage Newcastle services, Mann Haulage is the organisation to contact. They offer a range of solutions depending on what you need and are known all over the country for being extremely reliable and friendly. Their services range from haulage to storage Gateshead and courier Newcastle work. Whatever you need transporting, no matter how large or small the job, this companys team will deliver.Haulage ServicesMann Haulage has a mixed fleet of vehicles and trailers that are used for haulage Newcastle, including: Artic Tractor Units, Fleet of Curtainside trailers of varying heights (including Tallboys), 26-tonne Flat Bed rigid with Hi-Ab, Fleet of Flat Bed Trailers including Coil Carriers, Fleet of Sprinters including both Curtain, Panel Sides and Flat Bed and thats just to name a few. They present themselves as a one-stop shop for all your haulage Newcastle needs, as they can offer a tailored service no matter what you need, and have dedicated vehicles that can help you with both collection and delivery all over the UK.Courier ServicesTherell be a time when you find yourself in need of a dedicated, same-day delivery to your customers that youre just not able to carry out yourself. You can rely on this companys courier Newcastle services to offer you a quick delivery that will keep your customers happy, though. All of the vehicles used for courier services are fitted with trackers, so they are able to give accurate and helpful estimated times of arrival and driver locations to their customers. With 24/7 service and vehicles always on standby and able to deliver anything from an envelope to a full trailer of cargo, you can rely on these courier Newcastle services over any other organisation.Storage ServicesAs well as brilliant courier and haulage solutions, this business offers storage Gateshead for a diverse range of customers. The storage solutions available can be long or short term to suit the customers needs, and their drivers are able to pick up and distribute items to and from their storage Gateshead unit nationwide. The storage site is operated 24 hours a day, so you can be confident in the knowledge that whatever it is you need to put away will be in good hands.About the CompanyThis haulage company is a family-ran business that was established in 2004. Theyre proud to have an outstanding reputation for punctual deliveries and wonderful customer service all over the country. Their service is personal to each of their customers and they proud members of the RHA, as well as being Bronze-accredited FORS members not forgetting that they recently became sponsors of the training shirts for Gateshead FCs U13 team. They are in partnership with a number of blue chip companies and offer dedicated vehicles and account management.To find out more about this business and the excellent services on offer, visit the Mann Haulage website or give a member of the team a call.Article Source: eArticlesOnline.com