HCR Wealth Advisors: Bad Debt vs Good Debt

HCR WEALTH ADVISOR

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.        

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.

Career

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

Peter Harris: Maximizing Insurance Success by Offering Specialty Insurance Products

In the insurance business, many people and businesses are familiar with common insurance policies. Dental insurance, automobile insurance, theft insurance, and common medical coverage are some of the usual insurance policies that people are aware of. The same picture is reflected in the number of insurance companies offering the same services in the industry. However, other insurance companies operate in different and special sectors. This is where Peter Harris demonstrates his knowledge and experience.

The former Chief Executive Officer of CBL Corporation Limited, a specialty insurance company operating in different parts of the world has played a key role in addressing some areas that are not covered by the mainstream industrial players. Peter Harris has brought into the industry what other companies in the insurance sector don’t offer — addressing insurance needs in very critical and unique sectors that are rarely covered by even the largest insurance companies.

Specialty insurance products include policies that address some unique insurance needs that make traditional insurance policies more comprehensive. Businesses and individuals need insurance companies that offer additional services and cover them against risks and uncertainties in some special areas. Peter Harris has been addressing these areas while at the same time ensuring that all the businesses and people in lookout for special insurance policies get them. This has been a huge reprieve in the insurance sector because businesses and employees know that their insurance needs are met.

Peter Harris, through CBL, has been addressing some of the most complex insurance demands that are not covered by other major players in the insurance industry. Some of these factors include life insurance, which is one of the most complex insurance products in the insurance industry. Other specialty insurance products offered by the company include short term and long term disability and critical accident coverage, among others.

About Peter Harris

Besides the professionalism and experience that Peter Harris has demonstrated in the insurance sector, the knowledgeable financial expert holds other influential positions and is a member of boards in various organizations. He is a board member at Assetinsure Holdings Pty Ltd and European Insurance Services Ltd, among others.

Read more here http://www.cblinsurance.com/about-us/board-of-directors/

How Clement Perrette Sustained the Operations of Barclays Bank and Managing Director

Business leaders have much work to do about various organizations where they are working. They are expected to have a significant impact on their operations while at the same time make sure that the organizations, they’re running create profits. Most of the people working in the financial sector know that it is all about profitability, failure to which they will be considered as failures in the organizations they are spearheading.

Clement Perrette is one of the leading financial experts, who has excelled by ensuring that the company achieves stipulated profits. With more than twenty years in the financial sector, he has worked with a considerable number of organizations and knows what it takes to increase profits.

Barclays Bank is an international financial organization that takes deposits, creates credit, and has an investment bank in its operations. Clement Perrette has worked in this organization for many years, spearheading it to profits. Visit This Page for more information.

Working at Barclays Bank, especially at the financial department is a clear indication of the knowledge that an individual has. However, Clement Perrette Barclays has not only worked as a supporting employee but has played a critical role in the development of the company. For many years, he worked as an acting director in the company. However, after several years of operation, He was promoted to the role of Managing Director at Barclays Bank.

Holding the role of Managing Director at Barclays Bank is sensitive and clearly shows the skills and knowledge that an individual has in running an organization. Barclays is a financial institution that has branches all over the world.

As a leader of Barclay’s, it is important to make serious and very sensitive decisions as little errors could lead to loss of serious funds to the company. Despite being in a critical and central position in the management of the company, Clement Perrette Barclays continually made profits in the company.

 

See also: https://medium.com/@ClementPerrette

Equities First Holdings- UK

Equities First Holdings provides their customers with a satisfactory loan that everyone is trying to get their hands on. People are only paying around 5 percent or less and it doesn’t matter what your credit score is they are trying to treat every person equally and provide them with the same contract as the other person. In order to get approved for this loan though you need collateral.

Advice from Blake Mallen Making Dreams Come True

Blake Mallen is widely admired because he is a self-made millionaire. He started as an ordinary student and went ahead to become one of the leading financial investor, TED speaker, lifestyle entrepreneur, and millennial influencer. From when he was in college, he knew that doing things the way everybody was doing would not help him achieve what he had always wanted to achieve. Consequently, he was always looking for ways to go against the status quo. One of the things he did was to look for investment opportunities which would be popular. Blake Mallen was looking for his unique solutions which would help solve some of the common issues that were bothering people at that time. During those days, people were struggling with leading healthy lifestyles through eating healthy foods and losing weight. With this in mind, he co-founded Vi, which is a health transformation platform.

The platform became very popular, and in a few years, it had generated an excess of two billion dollars in revenue. He also co-founded another lifestyle brand known as ViSalus, where he is the president. These two business ventures achieved a lot of success, and this helped put him on the map. As a self made millionaire, he is always looking to assist individuals and entrepreneurs in achieving their dreams. He has been invited to hundreds of events and conferences to motivate different kinds of people. For more than two decades, he has been mentoring people, and this has provided him with his extensive experience.

Because of this, he is in a position to advise even big corporations on the right tactics they can apply to go where they have always wanted to be. Blake Mallen has been appreciated and recognized by different organizations and journals. Blake Mallen is regularly featured in prominent forums such as Forbes because of his excellent work. He has also been invited by some of the biggest companies to motivate their employees. His work takes him to different parts of the world, including countries in Europe and South America. The products from the companies he co-founded are also popular beyond the United States since they are trusted and liked. He confesses that he enjoys what he does because he is the one in control of almost all the aspects of his professional life.

 

Richard Liu Qiangdong – Increasing the Efficiency of Jingdong Services

The e-commerce industry has been evolving at a pace faster than any other industries in the business world today, and the accumulative business of this industry is amongst the largest as well. There are many companies across the globe that is contributing to this evolution in the retail sector, and JD.com has been making generous contributions as well in the past decade or so. Richard Liu Qiangdong is the name behind the success that JD.com has achieved and is the founder of this firm as well. He presently serves as the chairman of the board and its CEO and guides the way to develop modern business strategies that would outsmart the competition and ensure consistent growth for the company.

Richard Liu Qiangdong is known for his aggressive attitude and likes to kill the competition rather than facing it. One bold move that signifies this mindset of Richard Liu Qiangdong is that he wasn’t afraid to spend millions in making JD.com a direct selling company, a move that included setting up large warehouses in different parts of the country. It also meant large scale recruiting of the employees to take care of these facilities and work there while also sourcing tons of high quality products from the manufacturers themselves.

Even though the scale of this moves was huge, Richard Liu Qiangdong wasn’t afraid to take it seeing the long-term benefits of implementing it. It is also the main reason why he is using technology to ensure that everything is working smoothly and the dependency on humans is to a minimum. He wants to automate all of the warehouses so that the employees have better control over the efficiency.It will also reduce the error and allow the customers to receive their product at the best price. Richard Liu is always on the lookout for the best technology that would be helpful in his retail company.

Read more: www.joybuy.es/richard-liu-jd-ceo-about

Paul Mampilly Talks about Why Voice Search is the Next Big Thing

Paul Mampilly has learned the art of making profitable investments from the years he has spent working for top tier business and financial organizations in Wall Street. The years he has worked as an investment banker and portfolio manager, Paul has understood how to build creative and result-oriented investment strategies. It has helped him become a seasoned investor himself and now helps others do the same. At the beginning of his career, Paul worked as a portfolio manager for several organizations like Banker’s Trust and ING and then moved on to work at a higher designation for Kinetics Asset Management. It is the expertise of Paul Mampilly that helped the company go from $6 billion in asset under management to over $25 billion. Read articles at Gazetteday.com

Paul Mampilly has been serving at the post of senior editor for Banyan Hill Publishing, which he joined to spread financial awareness among the common people. For people who are perplexed as to which investment product is right for them or how to go about investing in the market, following the advice of Paul would lead them in the right direction. Most of the people suffer from losses when investing in the stock market due to a lack of technical knowledge needed to make the right investment choice or pick the right stock. Paul Mampilly shares his recommendations in his newsletters, namely True Momentum and Profits Unlimited. These are the financial newsletters where he shares his knowledge, tips, and recommendations on how to invest in the financial and stock market, and develop an investment strategy that would cover you for life.

Paul Mampilly offers insight into the different happenings that are influencing today’s financial industry. He feels that voice search is going to essential for companies and not just an option in the next few years. With technology advancing fast, companies need to keep up with these changes to remain in the competition. People are looking for information on products and services online using voice search. Thus, those companies that have voice search incorporated will significantly benefit from it and leave the rest behind. Paul expects more investors to invest in voice search companies.

Learn More: https://banyanhill.com/expert/paul-mampilly/

100 Years of Foodservice Innovation: OSI Group

OSI Group has withstood the test of time in the global food industry. Since the company’s early days, OSI has taken on all challenges that have come its way. Similar to other businesses, OSI has been tested on its resolve, but it has hurdled all obstacles that have presented itself throughout the years. Innovation, ingenuity and perseverance is what this company is all about. From its warehouses overseas to its processing plants in its homeland, few food processors can outperform this top food giant.

OSI Group harvests, develops and sells a wide variety of foods. This includes meats, fruits, veggies, grain and others. The diversity of foods is outrageous since these products are considered to be value added items. The company’s R&D specialists have aknack for producing appetizing options such as flatbread, panini, pizza, Tofu and chicken fried steak. Other healthier items include lettuce, onions and tomatoes. Since the company got its start in selling fresh meats, clients can choose from a myriad of products, such as meatballs, beef patties, pot roast, turkey products, meatloaf, flavored sausage, cooked sausage links, hot dogs, ribettes and more.

The options are nearly endless. If a client has a specific food product in mind, then OSI’s R&D specialists can developthe product under the client’s strict instructions. Of course, some of the toughest safety protocols are already in place, which provides even more reassurance. OSI group now has advanced facilities in up to 17 different nations worldwide. This includes the nations of Canada, Brazil, Japan, China, Spain, Ukraine, Poland, Australia, Germany and India. Efficiency has also boosted the company’s status. OSI Group has invested millions of dollars in innovative food equipment to get the job done at the most efficient rate possible.

Read more: https://www.forbes.com/companies/osi-group/#5a57591d2c26

How Peter Briger Engineered The Transfer Of Fortress Investment Group

Peter Briger might have played a significant role in the growth and development of Fortress Investment Group but overseeing the transfer of the company to new owner stands out to be the most important financial process he has been involved in. He is one of the co-founder of Fortress. Recent reports indicated that Fortress Group has been bought by SoftBank Group Corporation, which is an organization based in Japan. The company deals with banking institutions but seems to be attracted to the alternative asset industry.

However, the role of Peter Briger in the transfer of the company has been immense as vital decisions had to be made whether to sell the company or not. However, the Board of Directors at Fortress Group moved ahead and agreed to transfer the ownership of the company to a foreign investor. Agreeing to the decisions could have attracted significant criticism, but it turned out to be the only option as no other organizations were bidding for the company.

Follow Peter Briger on Twitter

For an extended period, Fortress Investment Group has remained to be the best company in the financial industry, which raises the questions as to why the company would have agreed to such transfers. However, it is essential to notice that Peter Briger and other influential individuals at Fortress Group had pushed the company to its limit and probably wanted a new challenge in another market.

By engineering the transfer of ownership to a foreign-based company, Peter Briger is interested in pushing the operations of Fortress Group to new markets. SoftBank Group Corporation operates in Japan and other Asian countries, and there is no doubt that the banking institution will provide a pathway for the expansion of Fortress to these regions. The Asian hedge and alternative market industry has not been exploited, which is an opportunity that Briger is looking to exploit.

The transfer of the company is one of the most lucrative businesses in the industry as it helped shareholders to get huge amounts of money in compensation. Peter Briger transferred the company to new owners in a deal worth $3.3 billion. This is a tremendous amount of money that the shareholders of the company enjoyed, which partly explains why the takeover bid was supported.

LEarn more about Peter Briger: https://www.forbes.com/sites/antoinegara/2017/02/15/softbanks-big-fortress-takeover-is-a-bet-on-infrastructure-senior-housing-and-mortgages/#245551ea3733