HCR Wealth Advisors: Bad Debt vs Good Debt


HCR Wealth Advisors specializes in investment management and financial planning. The needs and requirements of each particular client are thoroughly understood, and the clients are guided to a comprehensive financial strategy incorporating the client’s retirement plans, savings, investments etc. The primary objective is guiding the client to make an informed decision for their financial wellbeing in the present and the future while considering all their life factors in the decision. With industry experience spanning three decades, HCR Wealth Advisors has seen a variety of clients each with their own specific circumstances. This experience has enabled HCR Wealth Advisors to guide their clients in the most difficult of market conditions and protect clients against risk.

One such risk is acquiring bad debt. The net worth of an individual is assets minus the liabilities. To increase the net worth, liabilities need to be minimalized. However, not all debt is bad. Firstly, remember the 28/36 rule which states no more than 28% of your household income before tax should go towards home debt. This includes any insurance, interest or taxes related to the home loan. The other part of the rule states that no more than 36% of your household income before tax should go towards all types of debt. Within these limits, there are certain good debts such a student loan. The value it provides outweighs the liability it carries. An example of bad debt would be credit cards. With the high interest rate and little expected value, they are sure to increase bad debt burden.

At HCR Wealth Advisors, clients are guided on how to best manage their liabilities. The bad debts should be avoided but the good debts are not necessarily bad. Along with guidance, it important to build trust and that can only come with delivering results over a period of time. HCR Wealth Advisors pride themselves in the unparalleled client experience they offer.

This article is provided for informational purposes only and should not be interpreted as investment advice.        

James River Capital Reviews Ways to Fund Your New Business


All new businesses need to have funding of some sort. Whether business capital comes from its entrepreneurial creator, or the new business owner finds another source to fund the business, each business has one thing in common – a need for funding. This article discusses various ways a new entrepreneur can obtain the funding needed for his, or her new business.

If the entrepreneur is establishing a small business, money needed to fund the business may come from his, or her own pocket; from a bank loan; or through a direct, small business loan. Entrepreneurs can find direct lenders through research, or by calling their local Chamber of Commerce. The local Chamber of Commerce can put new business owners in touch with Small Business Loan Lenders.

Crowdfunding is another funding option open for entrepreneurs. Kickstarter, and other crowdfunding platforms can be used to finance any business opportunity, if, of course, the crowd believes in the opportunity and wants to get behind it. It can take a lot of time and marketing to get financing this way, as often it takes multiple people who must believe in your project and want to provide money to get it off the ground. Some people may give only a few dollars, while others may give hundreds, or thousands of dollars to get your business idea off the ground.

The ideas mentioned above are great if the entrepreneur doesn’t need a lot of money, but what if the new business requires a lot of funding? James River Capital is an investment company, founded by Paul Saunders, that puts venture capitalists with entrepreneurs who need more than a million dollars in funding. James River Capital is an award-winning investment firm that uses venture capital funding, as an additional option for investors who want the potential for higher returns.

Nitin Khanna: The Entrepreneurial Spirit

The Life of Nitin Khanna

Nitin Khanna immigrated to America when he was 17 years old. Born in India, he obtained his entrepreneurial spirit from his family. His father was in the army, and the rest of his family pursued many different business ventures including a motorcycle parts factory and a cement plant. After attending one of the best educational institutions in Asia, The Lawrence School, he soon found himself as a leading candidate for Purdue University.

Nitin Khanna obtained his Bachelor’s and Master’s degree from Purdue in Industrial Engineering. His vast education laid the groundwork for a robust career that he would pursue in the world of business. He knew he still had much to learn and even more to offer.


Nitin Khanna founded Saber Corporation in 1998. Saber Corporation became the largest provider of state government solutions in the United States. Saber Corporation had yearly revenue of $120 million before he sold the company to EDS for $460 million. Nitin assisted EDS and was able to grow the company to a yearly revenue of $300 million.

Nitin’s experience at Saber Corp. gave him the experience he needed to help him start his next company, MergerTech. MergerTech was founded in 2009 and is a boutique technology bank that provides M&A advice.

Nitin has also pursued new markets in the medical and recreational cannabis industry. Nitin Khanna founded Cura Cannabis in 2015 and it has already become one of the largest cannabis oil providers in Oregon.

Aside from his own business ventures, Nitin also sits on the boards of Freewire Broadband, Vendscreen, the Classic Wines Auction and TiE Oregon. Nitin also advises many companies in cloud, social and mobiles spaces.

Nitin believes in the power of social media and is one thing that really excites him as an entrepreneur. Every entrepreneur should live by his words of wisdom. Nitin says to not be anxious, be steady and patient and to work had and be fair in all your dealings.

Watch Nitin Khanna here https://www.youtube.com/watch?v=tmdcYI0vHU4

Chief Marketing Officer, Steve Lesnard, Leading Sustainability at The North Face

Sustainability has been at the heart of what The North Face does since it began in 1966. The explorer-gear company’s foundation is a love for the outdoors and the promotion and protection of natural playgrounds. It’s taking the opportunity this holiday season to give back to the community by making sustainable practices a central part of The North Face’s product manufacturing. The North Face is releasing its Eco Heritage Collection this fall, which uses recycled materials to remake classic outerwear from the 1990s. These products use 100 percent recycled fleece and have a lifetime warranty.

The Eco Heritage Collection also includes The North Face’s newest, most innovative, durable and breathable waterproof material called Futurelight, which also consists of 90 percent recycled products. In this regard, The North Face leads not only in innovation but also in sustainability. The North Face’s commitment to sustainability continues with its Renewed Collection, which conserves materials from production scraps or defects to make new products with a lifetime warranty, thereby saving on waste and energy.  One of the most significant contributors to environmental pollution is the apparel industry.

To counteract that, The North Face has initiated the Cali Wool collection. Production for this collection, which The North Face makes in the US, not only limits its carbon footprint but works to stay positive by carefully thinking through all stages of wool production from farm to shelf. Such efforts include land-management techniques to reinvest carbon dioxide and enrich the soil. The North Face’s unveiling of its team-tested, ultra-thin Futurelight material, made with nano-spinning technology, is headed by Chief Marketing Officer, Steve Lesnard, a champion of outdoors activities and natural surroundings. Steve Lesnard has an impressive campaign portfolio, including marketing for two Olympics, the European region and top brands, resulting in $5.3 billion in returns.

Steve Lesnard Spearheads Promising Marketing Campaign For North Face’s Innovative Futurelight

The well respected and recognized outdoor wear company, North Face, needed someone who can introduce cutting edge innovation in fabric technology for athletic wear. And get it into the hands of pros and athletes around the world. It’ll require one who can bring as much cutting edge innovation in marketing. That’s what North Face’s Global VP of Marketing Steve Lesnard is all about, introducing North Face’s latest breakthrough fabric innovation, Futurelight. Steve Lesnard is all about innovation and marketing. He has had a successful career having led successful launching of iconic brands and unlikely niches on the global stage.

And with this latest launching of North Face’s Futurelight, Steve Lesnard has the best of worlds. His marketing innovation on top of the fabric ingenuity is to bring physical technology to the athletes who will wear them. Working closely with his niche market to inform the design of the best possible athletic wear is pure genius. Steve Lesnard’s marketing process starts with that one big idea, the result of what technological innovation has to offer and what his niche market needs. Then he takes that idea and brings to bear that one solid strategy to get it out there. One compelling idea. One effective strategy.

Steve Lesnard gets his athletes continuously informing how his innovative design is going to be and how it is best communicated globally. What can build better trust with your customers than that? That’s how Steve Lesnard creates meaningful innovation. Steve Lesnard has had extensive successful experience in global brand campaigns including Beijing 2008 and London 2012 Olympics. He was responsible for the rise of a niche market of women’s marketing business around the world and turning it into a multi-billion dollar industry. With North Face and its latest nanospinning fabric innovation, Steve Lesnard will make his next successful legacy.

Smita Shah; Chair of Chicago Sister Cities International Delhi Committee

Recently, Smita Shah, together with Mayor Lori Lightfoot, Andrea Zopp (the Chief Executive Officer of World Business Chicago), First Lady Amy Eshelman, and Senator Dick Durbin, met at the annual Legacy of Mahatma Gandhi luncheon. The luncheon marked the fifth year of honoring Gandhi for inspiring civil rights movements internationally.


At the Event, Mayor Lightfoot announced that 2nd October 2019 marks the 150th anniversary of Mahatma Gandhi’s birth. Gandhi was a renowned leader who advocated for all individuals (both the poor and the disenfranchised), championed the causes of economic opportunity, education, and equality among everyone. He was also recognized for his non-violent passive resistance philosophy.


Chicago city boasts of its traditional way of celebrating international communities and their cultures and has a rich and long history of friendship with Indian communities. This friendship goes way back to 1893, when a young philosopher, monk, and author, Swami Vivekananda went to the Columbian Exposition for the World Parliament of Religions.


The Chicago Sister Cities International Delhi Committee


Chicago Sister Cities International is a branch of World Business Chicago that is committed to sharing ideas and building bridges between the city and its international partners and communities. It promotes tourism, international education, cross-cultural arts, global government, and business exchange.


Smita Shah joined the Chicago Sister Cities International and is the Chair of the Delhi Committee. She believes that this is a way of continuing global leadership as well as acknowledging the diversity of the communities in Chicago.


About Smita Shah


Smita Shah serves as the CEO and President of SPAAN Tech, Inc., which she founded in 1998. SPAAN Technology is a technology and a project management company based in Chicago that she started after graduating from Massachusetts Institute of Technology with a master’s in Civil and environmental engineering.


Her company was No. 1821, on the list of’ the 5000 fastest-growing private companies’ posted on Inc. magazine. Over the past decade, SPAAN Tech, Inc. has grown to $10 million in yearly revenue and fifty staff members.


SPAAN Technology is also part of a 14 million dollar joint venture that is planning to design electrical systems for navigation aids and lighting for an upcoming runway, which is scheduled to open in November. 20. The venture is part of the $ 6.6 billion expansion of O’Hare International Airport.


Smita Shah moves easily in many sectors, including political events, construction sites, and community galas. She was an intern in the White House Office of the Chief of Staff after college. Here she was two doors down from the President’s office (President Bill Clinton), and her work entailed filing paperwork and answering phones.


After two years, she was appointed as the youngest delegate by the Illinois Democratic Party during the Democratic National Convention in 1996. Since that time, she has worked at the Platform Committee and Rules Committee at conventions in2004 and 2008. Learn more: https://www.prweb.com/releases/mayor_lori_lightfoot_joins_smita_shah_chair_of_the_sister_cities_of_chicago_delhi_committee_for_annual_lunch_and_proclaims_october_2nd_as_mahatma_gandhi_day_in_chicago/prweb16614875.htm


She also sits on the Steppenwolf Theatre Company’s Auxiliary Council and organizes programs for the American Society of Civil Engineers (Illinois chapter. She is the Head of the Delhi Sister Cities International Program.

Follow Smita Shah on Twitter

OSI Group Is Making Food For McDonalds And Also Making Meatless “Meat”

OSI Group is based in Aurora, Illinois, not far from Chicago. It has been around for over one hundred years and is a food supplier to restaurants such as McDonalds. Impossible Foods, which makes a meatless burger, has recently started gaining popularity as it was introduced into Burger King restaurants. The demand has become so great for the vegan burger that Impossible Foods needed to seek out a manufacturer to help it keep up with it, and the manufacturer that it chose to get the job done was OSI Group McDonalds.

OSI Group has delivered high-quality food to many restaurants throughout the years. It has facilities not only in the Chicago area but all around the world and one of the biggest partnerships that it has made over the years is with McDonalds. People are getting curious about whether or not the fast-food chain will start serving the Impossible Foods meatless burger now that it and its manufacturer have made a connection. No one has confirmed it yet but when asked if it would be happening, the senior vice president of Impossible Foods responded that it can’t be ruled out as a possibility.

Impossible Foods didn’t expect to receive such a big response from consumers and that is why it didn’t have a plan for how to make as many burgers as were needed in such a short time after introducing it into Burger King restaurants. It knew that it needed to make a partnership with a manufacturer that has the experience and the facilities to get the meatless burgers needed quickly and OSI Group was the logical choice because of how many years it has been in the industry and the connections that it established with fast food brands. Impossible Foods sells its products to 400 distributors and is adding new restaurants to the list all of the time.

About OSI Group McDonalds: www.osigroup.com/news/

OSI Group Joins the Impossible Craze

Impossible Foods and OSI Group have joined forces to expand production of the impossible burger. The plant-based flagship product has been all the rage lately forcing Impossible Foods to triple their production. Such demand is a little to much for their Oakland plant so OSI is stepping in to handle the excess. The Chicago-based food supplier has over 60 plants stretching across 17 countries. It also bears a solid reputation for production, quality, and safety. The partnership will see OSI begin production on Impossible Burgers in a few of its plants, but plans are to increase that production across the whole network.

The impossible craze is still fairly new but Impossible Foods itself is not. The company has been around since 2011 and has sold its plant-based meat substitutes in various restaurants. The sudden surge in popularity is due to the impossible burger 2.0. The faux burger bears a strong reputation for taste as well as the outward appearance of ground beef. It began trending when fast food franchises like Burger King decided to permanently add it to their menu. This was great news for Impossible Foods but presented them with a unique problem. The demand was starting to push the boundaries of their supply. Luckily, OSI group has supply to spare.

The powerhouse food supplier has been around for almost 100 years. Founded back at the turn of the 1900s by German immigrant Otto Kolchowsky. OSI group is most known for being the meat supplier for McDonalds. It is s role that it has served since the 1950s and is responsible for most of their success. Based in Chicago, OSI Group is an innovator in its field. Its first high-performance plant coined many of the common production practices utilized today. Impossible Foods was drawn to OSI for its reputation for quality. Since its origins in Chicago the company has always striven to produce the best product. It adheres to stringent safety standards and does not use any added chemicals in its meat. The company is very excited to join into the impossible craze. Impossible Foods has a lot of expansion plans in its future and OSI’s manufacturing capability will be a huge factor.

Highland Capital Management Covers Investments on Its Alternative Platform


Highland Capital is a private asset management company that was founded in 1993 by James Dondero and Mark Okada. The company is headed by CEO and co-founder James Dondero and its assets total approximately $3.9 billion. In August 2018, Highland acquired Cityplace Tower from Parmenter Realty Partners and Angelo, Gordon & Co. in one of the largest building sales in Dallas that year. In 2018, the firm reported nearly $14 billion in managed assets.

Highland Capital Management offers an alternative investment platform and manages mutual funds, equity funds, fixed income funds, and ETFs. Its first three ETFs trade on the New York Stock Exchange as Highland HFR Global ETF, Highland HFR Event Driven ETF and Highland HFR Equity Hedge ETF. The company’s investment capabilities include high-yield credit, public and private equities, real estate, leveraged loans and sector-specific verticals.

Through its Highland Fund Advisors, the firm manages investments in global public equities, fixed income markets, high yield bonds and structured products. The Highland Funds affiliate offers a suite of open-end mutual funds and an ETF that cover a range of asset classes and investment strategies. Find More Information Here.

Highland Capital Management has been involved in several bankruptcies and reorganizations that were related to distressed debt, including those of Bridge Information Systems and Delphi Corporation. In 2004, the company acquired NexBank, followed by the acquisition of ING Capital Management in 2005.

Highland Capital Management is headquartered in Dallas, Texas and has branch offices in New York City, Singapore, Sao Paolo, Buenos Aires and Seoul. The firm is a founding benefactor of the George W. Bush Presidential Center and provided the Center with a $10 billion endowment in 2018. Highland Capital designed the first electronic loan tracking software that is used by many lenders. Highland sold the software to JP Morgan Chase in 2003. Read This Article for related information.


Visit them on https://www.highlandcapital.com/about-us/




One of the earliest successes in network business modeling came from Kynect, a Dallas, Texas marketing company. Its goal was to link consumers and suppliers in the energy industry to create an environment where affordability, profit, and business-building flourishes. Now that Kynect has been rebranded, it exhibits an even more robust model that is centered on people helping people.

Kynect’s founder, Rob Snyder, is excited about his company’s newest ventures. This venture is powered by the needs of people groups, and their potential to create wealth. Whenever someone needs to purchase services like wireless internet, home heating, or security, they can go through a major corporation, or a private representative. Kynect is empowering thousands of individuals to start their own niche for providing these services. This model allows entrepreneurs to profit from helping their peers find affordable services. Read This Article to learn more.

Of course, every entrepreneur who uses Kynect to “connect” with consumers builds the potential for profit. In order to recognize the efforts of company affiliates, Kynect has designed a unique rewards system for its top performers. Along with their extraordinary earnings, the best performers will receive vacation packages. Top associates will earn Kynect Getaway vacation packages to some of the poshest resorts in Mexico.

The ultimate goal of Kynect is still the smooth distribution of commodities to a wide range of people. Consumers have a better chance of purchasing needed services like wireless internet and fuels through independent contractors. The model that Kynect has established ensures that outlets are available to make this happen.

Consumers who benefit from the opportunities that Kynect Associates provide do so in many ways. They can take advantage of select market prices, and they can become Kynect members. In the best multi-level marketing tradition, people who benefit from the Kynect system can turn their fortune into a money-making opportunity. As more consumers join the Kynect network, profitability is shared throughout the purchasing model. Anyone interested in learning more about this model is encouraged to contact Kynect directly at as@wekynect.com.


Get More Information Here.

Source article: https://www.directsellingnews.com/stream-completes-sale-to-nrg-energy-rebrands-as-kynect/