Many were burned in the 2008 real estate crash and are still suffering to this day. When mentioning real estate as a way to invest money and build equity with which you can either pay off loans or invest into other project, there are those who will flinch and react poorly. Based on their own experiences or those of their family and friends, they are far from trusting that real estate investment can be anything but a way to gamble away your life savings, credibility, and health.
However, following the turn of events in which many people lost their homes and had to declare bankruptcy, many things have changed in the American financial landscape. In order to protect the economy, the government and major institutions like banks have created new rules and regulations to stabilize the market. Though this means that it is more difficult to buy a home these days, it makes real estate a safer investment for everyone.
However, if you are still sceptic about whether real estate is a good idea, there are extra precautions you can take when contemplating your dive into the market:
- Buy Something You Like
This might sound like strange advice, but it’s important. If you like the house that you bought and live in, even if the market has a small dip, you aren’t panicking since you are there for the long run. Yes, it is a long-term investment, but during that time you are also getting value from your property because it is your home and you live in it. If you are purchasing a rental property, do you like it enough to want to live in it? If times get rough and there’s a change in the market, would you be able to move here to save yourself some money and risk? Consider it.
- Purchase in a Strong Area
Though areas with strong and reliable real estate markets are usually more expensive than ones with little potential, if you are looking to minimize your risk, you might want to stick to what’s already doing well. It’s true that you can see a greater return for a smaller investment in an area deemed to be “up and coming”, but there’s always the risk that the area won’t quite get there in the time frame you planned for.
- Buy International
If your previous experience with American real estate is keeping you from wanting to try again, maybe consider a different geographic area to invest your money. Whether you decide to buy a villa in Costa Rica and rent it out whenever you aren’t there or find something closer in Canada, both could be a sound and rewarding investment. Before taking the plunge, you will have to do some research on the rules and regulation surrounding the situation, however there is an abundance of Certified International Property Specialists out there and in Canada you’ll find Montreal lawyers who specialize in commercial law, condo law and real estate issues.
- Keep the Payments Manageable
Whatever you do, make sure that the mortgage payments that you will be making monthly will be manageable, whether you or a tenant will be footing them. Never buy a rental property where you can’t command a rent high enough to cover the mortgage and your expenses. Even if you find something quite lucrative, make sure that you have some savings set aside in case there is a gap between paying tenants or you lose your job and won’t be making an income. A few months of mortgage payments in a savings account is a safety precaution that can buy you time when faced with issues. Don’t ever let yourself feel like you are struggling. Instead, aim for comfort!
- Work with Trusted Professionals
As skilled of a researcher you are, there is a reason for which there are full-time financial advisors, lawyers, mortgage specialists, and real estate brokers. They all have years of training and experience to offer you. Take advantage of your investment team and ask them as many questions as you can, running hundreds of scenarios past them. See which recommendations line up between them and hopefully decision-making will become more clear. Communicate your fears and limitations to them, and if at any point you do not feel comfortable with where this is all going, tell them. If you find that you don’t trust them, ask a friend or family member for a different recommendation or referral.
Investing in real estate is a sound investment in many places in the United States and abroad. If done properly, in a few years you can see your equity rise, giving way to financial opportunities for you.
Among a sea of articles, books, and blog posts written about increasing your productivity, this is the one which will give you advice that you want to hear. Stop cutting out your “wants”, and start axing those “needs”.
Most experts will speak about categorizing all your tasks into items that you need to do, versus ones that you would like to accomplish. Afterwards, you are encouraged to schedule your needs in an efficient manner so that you can get to your wants and have a happier and more fulfilling life. However, that still involves getting the same number of tasks done in the same amount of time. How does that even make sense?
Instead, it’s time to free yourself from some time-sucking “needs” that we can instead replace with a “want” and not stress about the day only having 24 hours. Here are a list of frequent “needs” that we add to our daily routines which can be easily eliminated.
Regardless of whether you are male or female, shaving is most likely a task you are intimately acquainted with. Not only does it timely process if you want to get it right, the cost of blades, handles, and cream all add up. Especially if you lead a lifestyle or have a job quick requires a smooth shave, the thought of permanently removing the pesky stubble has no doubt passed through your mind. The great thing is that this actually exists! A virtually pain-free IPL hair removal treatment can liberate you from daily shaving and save you that time and money so that you can spend it doing something more important to your well-being.
Cutting out driving and car use might initially seem like a way to make your day even less productive. However, think about it. Don’t all those million-dollar making CEOs have drivers? Not only is it super posh, but it also gives them a chance to be productive while someone else takes the wheel and focuses on the road. Though you probably can’t hire a private driver to be at your every beck and call, see if you can organize a car pool at your workplace which will allow you all to take turns driving and give the rest a chance to catch up on emails, calls, or some leisure reading. Alternately, move closer to where all your daily action is so that you can quickly zip around by bicycle or foot so that you cut your travel down to a minimum.
- Grocery Shopping
Physiologically we must eat, and cooking for yourself is the best way to keep your body healthy and fit. That’s why we aren’t saying that you should cut out grocery shopping altogether, rather streamline it so that it is not a daily activity. Take time once a week to plan a menu, create a corresponding grocery list, and then hit the store. Buy all the things you need, and if necessary you can top up over the week, but at least you won’t waste time thinking and zoning out in aisle 13 of the grocery store.
Yes, a dishwasher might be a costly investment, but think of the time that you will save which you can use in different ways! This is especially true if you have a big household for which you do a lot of cooking. If the price is making you shy away from this productivity booster, look for a second-hand machine with a good efficiency rating. This move could save you a few hundred dollars while bringing you the same result: more time!
Once you cut out a few or all of these daily “needs” from your life, you will find that not only will the rest of your needs have an easier time fitting in, you will have more freedom to accomplish your wants.
Development of mining industry in accordance to advancement of technology plays an important role in not only the industry but also the environment. The industry plays a major role in global economy. Because of low profit margin, high capital requirement and environmental limitations, mining companies used to be very conservative in starting and accepting novel technologies. However, they welcome changes more easily now and have made significant progress.
The progress can be best defined by enhanced productivity but it is also reflected in changes in mining technologies and environmental control. Special importance is given to worker health and safety too. Companies carry out best mining practices and processes, and have effectively integrated clean and improved technology.
The results are more visible in developing countries. If this pace of innovation continues, there will be a significant technology gap amid countries and mining industries.
Measures to Reduce Environmental Pollution
Sustainable technological development is used to improve performance of firms in the mining industry. Authorities address the risky surrounding and level of pollution, and actively attempt to reduce the impact. Various new tools and practices are introduced to reduce environmental pollution to all media and therefore enhance the overall quality of life in the operational work area.
The prime aim is to adopt and implement innovative technologies by using both environmental and mining technologies, and augment the quality of environment in the mining industry area. The industry wishes to lower negative impact to human health and the physical environment by reducing land degradation, and water and air pollution.
Some of the most recent developments in mining technologies have been mentioned below. They are all environment-friendly and cost-effective technologies.
- Solvent-extraction/electro-winning (SXEW): SWEW is a hydrometallurgical process that varies from the mainstream technique of producing copper metal by milling, smelting and refining. The SXEW’s development process allows firms to lower the cost of production from raw ore dumps of copper minerals and waste. Big copper-producing nations such as United States are benefitted by this technology.
- Hybrid Coalmine Gas Technology (HCGT): EESTECH offers environmentally sustainable technologies that have direct application in the global coal mining and energy industries. Its HCGT is a Clean Development Mechanism. It uses ventilated coalmine methane and waste coal as fuel to produce cost-effective clean coal energy. This access to clean coal technology helps tackle global warming.
- Network Probe: The network probe is a wireless battery powered network used for personnel and equipment tracking at mine sites. It can measure workspace performance and also monitor the location of company’s staff and underground assets in real-time. The system is self-sufficient and can operate even during power outages. Network probe is the ultimate protocol analyzer to monitor network traffic in real-time.
Countries, both developed and developing, have imposed environmental standards for effluent, emission, groundwater contamination, hazard, and toxic management guidelines. However, failures happen due to poor monitoring capability, weak law enforcement, and inadequate skilled human resources. It is important that the environment standards are maintained in developing countries as this can improve overall management and environmental performance of the mining industry.
Social and political organizations must influence adherence to standards and industry development. These include authorities such as local government, central government, and public decision makers. The intention is to create international harmonization of environmental standards.
Various training programs and workshops on pollution control and techniques measurement can be carried out. It improves positioning for global competitiveness in various mining product. It will also boost the corporate image of the industries and global consumers will be benefitted. With passing time, the industry will embrace more and more positive changes.
When employers reach out to finance recruiters, they expect to find support for filling a vacancy. What makes Beacon Resources unique is the unexpected value our team brings to the table. Our hands on approach is one that has been thoughtfully developed over time with the help of feedback from employers and job seekers alike. Finding the right fit for a position goes beyond the job description. It’s difficult to know if a candidate is a good fit when they are kept at arm’s length. Matching employers with carefully selected candidates is the foundation of our hands on approach.
Every employer that comes to us with a vacancy to fill is met with excitement and motivation from the team at Beacon Resources. Our finance recruiters thrive on searching for talent that will meet the needs of employers and fit within their unique corporate culture. From gathering the details of the job and sourcing talent, to scheduling interviews and performing background checks, employers will experience the innovative hands on approach at Beacon Resources. Our expertise and comprehensive strategy fosters an environment where both employers and job seekers can find solutions.
After submitting a resume, job seekers should prepare for a screening process that has been specifically designed to get to know the person behind the resume. Evaluating professional experience as well as personality is a critical step in this process. It is not our goal to simply place a job seeker in a position that they are qualified for. Our finance recruiters take personality and passion into consideration when finding a match. We serve as advocates for job seekers as much as we do for employers. Our approach is tailored to meet the needs of each individual job seeker.