A Camet http://acamet.org/ Tue, 10 May 2022 20:29:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://acamet.org/wp-content/uploads/2021/04/a-camet-icon-150x150.png A Camet http://acamet.org/ 32 32 Capital One’s savings rates are among the best savings rates available – Forbes Advisor https://acamet.org/capital-ones-savings-rates-are-among-the-best-savings-rates-available-forbes-advisor/ Tue, 10 May 2022 20:29:08 +0000 https://acamet.org/capital-ones-savings-rates-are-among-the-best-savings-rates-available-forbes-advisor/ Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

Capital One’s primary savings account, the Capital One 360 ​​Performance Savings Account, offers a very competitive APY with no minimum deposit requirement and no monthly or maintenance fees. This can be a great option if you’re looking for a new place to put the money you’re putting aside for today’s emergencies or tomorrow’s goals.

How do Capital One Savings Account rates measure up? Here’s more information on how to save with Capital One and what kind of interest you can expect to earn. Rates are accurate as of May 10, 2022.

Capital One Savings Interest Rates

Capital One’s premier savings account option is designed for savers looking for an easy way to grow their money.

These are the rates for the Capital One 360 ​​Performance Savings Account.

Capital One Savings Interest Rate Overview

Although it operates hundreds of physical branches and cafes, Capital One’s savings rates are comparable to the higher rates paid by online-only banks. The Capital One 360 ​​Performance Savings Account is considered a high yield savings account due to its attractive rates.

The account can be opened online, through the Capital One mobile app, or at a Capital One branch or cafe. No minimum deposit is required to open an account.

While some banks have tiered savings rates, depending on your balance, Capital One applies the same 0.60% APY to all balances. This means that you always get the same relatively high rate whether you save a little or a lot in your account.

Interest is compounded and credited monthly. Capital One uses a daily balance method to calculate interest.

Overall, this account is light on fees. He does not have :

  • Monthly fee
  • Maintenance fees
  • Excess withdrawal fees

You’ll pay $30 for outgoing wire transfers and a $10 fee if you buy a cashier’s check using your savings account balance.

You don’t have to have a Capital One current account to open a Performance Savings Account. But if you have checking and savings, you can link them for easy and even automated savings transfers to help you build your balance.

Capital One encourages savers to open multiple 360 ​​Performance Savings Accounts, for different financial goals.

How much can you earn?

Before you open a savings account, you’ll want to know how much interest you could earn over time. Here’s how your savings could grow over 10 years with a Capital One 360 ​​Performance Savings Account, assuming an initial deposit of $1,000 and APY of 0.60%.

The table assumes that you make no further deposits to your account in the 10 years. An online savings calculator can help you see how your money could grow if you make additional deposits.

You would earn slightly more interest over a 10 year period with a Capital One 360 ​​Performance Savings Account compared to an account at another major bank. A savings account earning only an APY of 0.01% – which is not uncommon – would only earn $1 over a decade, compared to more than 60 times more at Capital One.

Capital One versus other banks

Capital One, the 10th largest bank in the United States by deposits, stands out among the big banks in terms of the interest you can earn on savings. The bank’s APY checking savings account is 10 times the national average savings rate of 0.06%, reported by the FDIC in April 2022.

Capital One is a big name in online banking, but how does the 360 ​​Performance Savings Account compare to the top savings accounts from banks that operate strictly online? They usually offer more generous rates because they have lower costs than banks with physical locations.

While there are a few outliers offering higher rates than Capital One, it’s near the top of the pile overall. The bank is also fee-friendly, making it easier for savers to keep more of their interest income.

Other Capital One 360 ​​savings options

Besides its 360 Performance Savings Account, Capital One 360 ​​offers several other ways to save. It offers certificates of deposit and savings accounts for children.

Capital One 360 ​​CDs come with nine possible terms ranging from six months to 60 months. No minimum deposit is required to open a CD with Capital One.

Capital One 360 ​​CD pricing is just as competitive as savings account pricing. A six-month CD currently offers an APY of 0.50%, and you could earn an APY of 2.15% with a 60-month CD.

The big difference between a CD account and a savings account is accessibility. With a Capital One Performance 360 ​​Savings Account, you can make withdrawals at any time. With CD accounts, you usually cannot withdraw money before maturity, or you will face a CD early withdrawal penalty.

The Kids Savings Account is for young savers. It pays an APY of 0.30% and has no minimum balance requirement or fees.

You can link your Capital One deposit accounts to a children’s savings account for easy transfers and deposits, including recurring automatic deposits.

You can open more than one savings account if your child has multiple savings goals. Each account would earn the same 0.30% APY and have no minimum balance requirement.

Find the best online savings accounts of 2022

Conclusion

Capital One’s savings account interest rates are among the best savings rates available. The 360 ​​Performance Savings Account offers a solid combination of high APY and low fees. Taking the time to compare rates, fees, and minimum deposit requirements at different banks can help you find the best savings account option for your situation.

Frequently Asked Questions (FAQ)

What is a High Yield Savings Account?

A high yield savings account is an account that offers an above average interest rate and APY. You are more likely to come across high yield savings accounts at online banks than at traditional banks. In addition to higher rates, high yield accounts may come with fewer pesky fees.

Does Capital One offer money market accounts?

Capital One has stopped offering new customers money market accounts, which are interest-bearing accounts that often come with checks and debit cards. Savers can still earn interest with a Capital One Performance Savings Account or CD Account.

How much should I keep in savings?

Deciding how much to keep in savings can depend on your financial situation, needs and goals. As a general rule, financial experts recommend keeping at least three to six months of living expenses in an emergency savings account.

Can I have more than one savings account?

Of course, you can keep more than one savings account, and that can make sense if you’re saving for different goals. For example, you can open a savings account for your emergency fund, another to save for a vacation, and yet another to set aside money for a down payment on a house.


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7 Reasons Your Business Loan Was Denied – Forbes Advisor https://acamet.org/7-reasons-your-business-loan-was-denied-forbes-advisor/ Tue, 10 May 2022 17:14:48 +0000 https://acamet.org/7-reasons-your-business-loan-was-denied-forbes-advisor/ Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

Finding out that your business loan has been declined can be frustrating and scary, especially if you need the funds to start your business or keep it running. Fortunately, there are a few common reasons business loans get turned down, which can make it easier to bolster future applications and get the funds you need.

1. Damaged credit score

Credit scores demonstrate to lenders an applicant’s creditworthiness and indicate the level of risk posed by a borrower. Commercial lenders look at both personal and business credit scores when evaluating applications, but new businesses may have to rely solely on the applicant’s personal score. In general, potential borrowers must have a FICO score of at least 680 to qualify.

One of the most common problems with getting a small business loan is damaged credit. If your business or personal score has been damaged by default, bankruptcy, or even just late payments, your business loan application may be denied. Some lenders have lower score requirements, but these options usually come with much higher interest rates.

For this reason, it may be best to choose another form of funding, such as a business credit card or merchant cash advance, or wait to reapply until you improve your score. Follow these tips if your loan application was denied due to bad credit:

  • Review your business and personal credit reports to identify areas for improvement
  • Update your accounts by catching up on late payments
  • Make payments on time to establish a strong credit history
  • Take advantage of prequalification tools to see if you’re likely to qualify for a loan based on your personal score
  • Limit the number of new inquiries about your report by reducing the frequency of inquiries

2. Insufficient time in business

Commercial lenders typically have minimum business time requirements ranging from six months to over a year. If you’re trying to get start-up money or building a business from scratch, you probably won’t meet these minimum qualifications. Likewise, if you meet the minimum business time requirements but do not have adequate financial records, your loan application may still be denied due to insufficient business time.

Keep in mind that minimum business time requirements vary by lender and type of financing, so research the options before applying. If you’ve ever been denied a loan due to a lack of business time, look for alternative loans with less stringent requirements. You can also consider waiting to reapply and start your business for as long as possible.

3. Cash Flow Limits

In addition to requiring a minimum amount of time in business, many lenders require applicants to demonstrate a minimum amount of monthly or annual income. This number depends on the lender, as well as the amount of the loan and the type of financing, but it generally ranges between $100,000 and $250,000.

Even lenders that do not impose a minimum annual income require financial documents that demonstrate sufficient cash flow to cover operating expenses as well as current and future loan repayments.

If your loan application was declined due to insufficient cash flow, take steps to better understand your business income and expenses. This may include using accounting software to monitor weekly cash flow and generate cash flow reports and projections. Not only can this strategy help you qualify for future loans, but it can also give your business a greater likelihood of long-term success.

4. Not enough collateral

Many lenders also hedge their risk by requiring borrowers to back loans with valuable business assets. In the event of default by the borrower, the lender may seize the asset with the aim of recovering the outstanding balance of the loan. For this reason, the loan collateral must be of sufficient value to cover the outstanding loan amount. If your business is new and lacks collateral, or your assets are already pledged, this may result in a loan application being declined.

Choosing a lender who offers unsecured business loans can help you overcome this obstacle. Many alternative lenders also provide access to funds without providing traditional collateral. However, unsecured loans pose a higher risk to lenders and often come with higher interest rates and fees to compensate for this risk.

5. Missing documents or information

The best small business loans involve a streamlined and easy-to-navigate application process. However, many lenders have complex application forms and often require detailed documentation. Not only can failure to provide all requested documents delay the review of a business loan application, but missing documents or other information can also result in a loan being denied altogether.

Fortunately, it can be easy to correct an application that is missing documents or information. Most lenders contact applicants regarding outstanding requirements as part of the application review process. For this reason, it is important to monitor your phone and email for communications from the lender. If, however, your application was rejected due to missing information, compile the most common application documents before applying again.

Here are some of the most common documents requested during the business loan application process:

  • Personal and business bank statements
  • Personal and business tax returns
  • Financial statements, including profit and loss accounts
  • Relevant legal documents, including business licenses and articles of incorporation
  • Business plan showing how the business makes money, including projections

6. Too much existing debt

A company’s debt utilization rate, or credit utilization rate, is the portion of a company’s credit limits that it is currently using. Generally, lenders prefer an applicant’s debt utilization rate to be below 30%. If your business has a higher credit utilization rate, it may be considered maxed out and too risky to qualify for a loan.

Conversely, some lenders refrain from lending to companies that cannot demonstrate sufficient use of credit. Although it may be counter-intuitive, it’s worth remembering that consistent and responsible use of credit tells lenders that your business can manage debt responsibly and therefore has less risk of non-payment.

If you’re trying to get a business loan but your business is turned down due to high debt utilization, take the time to pay off outstanding balances before reapplying for a loan. Businesses with close to zero utilization should begin accessing their current lines of credit and establishing a solid repayment history before reapplying for a loan.

7. Risky Industry

Regardless of your qualifications, getting a business loan can be difficult if you work in a risky industry. For example, lenders generally consider restaurants to be riskier than other types of businesses because incomes can be unstable and failure rates are high. Likewise, many lenders will not provide funds to businesses in agriculture, construction, or so-called vice industries like gambling.

Although you cannot change industries to meet lender requirements, you can change lenders. There are a number of alternative lenders that cater to riskier industries and offer types of financing better suited to those industries. That said, these lenders may require collateral or charge higher rates and fees to compensate for the added risk.

Find the best small business loans of 2022

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Carlos Alcaraz receives special interest from Roger Federer and the Laver Cup after his victory at the Madrid Open https://acamet.org/carlos-alcaraz-receives-special-interest-from-roger-federer-and-the-laver-cup-after-his-victory-at-the-madrid-open/ Tue, 10 May 2022 05:22:00 +0000 https://acamet.org/carlos-alcaraz-receives-special-interest-from-roger-federer-and-the-laver-cup-after-his-victory-at-the-madrid-open/

Carlos Alcaraz has stormed into the 2022 season. After winning his first ATP Masters 1000 title at the Miami Open, the Spaniard backed him up by winning the Madrid Open title. He beat Alexander Zverev in the summit clash to continue his dream run this season. Earlier in the tournament, the 19-year-old knocked out Rafael Nadal and Novak Djokovic en route to the final.

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As Alcaraz won his fourth title this year, the tennis fraternity praised him for his prodigious efforts. Additionally, many other players on the tour praised Alcaraz for his impressive achievement. Recently, Alcaraz received a huge honor from Swiss maestro Roger Federer.

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‘The spirit that the Real Madrid team has is just amazing’ – Rafael Nadal reveals his inspiration behind win over David Goffin at Madrid Open 2022

4 days ago

Roger Federer wants Carlos Alcaraz to play in the Laver Cup

Federer’s management company is one of the Laver Cup partners and organizes the prestigious event. The format of the tournament is based on golf’s Ryder Cup, which is a competition between the best golf players from the United States against the best golf players from Europe. However, in the Laver Cup, Team Europe plays against Team World.

2019 US Open Tennis Tournament – Day 9 Roger Federer of Switzerland reacts during his match against. Grigor Dimitrov of Bulgaria in the men’s singles. Quarterfinals match on Arthur Ashe Stadium during the 2019 US Open Tennis Tournament at USTA Billie Jean King National Tennis Center on September 3, 2019 in Flushing, Queens, New York. (Photo by Tim Clayton/Corbis via Getty Images)

Carlos Alcaraz’s brilliant performances this year have not gone unnoticed and Federer wants him to represent Team Europe in the Laver Cup. Earlier, Federer and Nadal had already confirmed their attendance at the tournament.

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Additionally, the tournament is scheduled for September 23-25, 2022 and will take place at the O2 Arena in London.

Domination of the European team in the Laver Cup

In the four editions of the Laver Cup held so far, Team Europe have beaten Team World four times. The tournament has taken place every year except in 2020 due to the Covid-19 pandemic.

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WATCH THIS STORY: Tennis’ greatest comebacks

Moreover, the inaugural edition saw Roger Federer and Rafael Nadal team up to play doubles. The duo beat out Sam Querrey and Jack Sock in a tantalizing contest. With Federer and Nadal confirming their attendance at this year’s tournament, fans are hoping for another Federer-Nadal game, but on the same side of the pitch!

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Certain racial and ethnic groups should be screened earlier for diabetes https://acamet.org/certain-racial-and-ethnic-groups-should-be-screened-earlier-for-diabetes/ Mon, 09 May 2022 21:09:11 +0000 https://acamet.org/certain-racial-and-ethnic-groups-should-be-screened-earlier-for-diabetes/

OWell-used medical guidelines that ignore the race and ethnicity of patients could do more harm than good when it comes to catching diabetes in people of color. New searchpublished Monday in the Annals of Internal Medicine, suggests that people from certain racial and ethnic groups should be screened for diabetes at a lower body mass index than non-Hispanic whites — a recommendation that contradicts recent guidelines of the United States Preventive Services Task Force.

It’s an admittedly tricky proposition, to reaffirm the role of race and ethnicity at a time when medicine is trying to shed race-based tools – like an algorithm used to assess kidney function – that have helped to the vast health disparities in the United States. The authors of the article acknowledged this in interviews with STAT.

They argue, however, that using a one-size-fits-all approach to screening, when diabetes is two to four times more prevalent and more deadly among blacks, Hispanics and Asian Americans, is likely to lead to under-diagnosis of the disease, and widening health gaps.

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The current guidelines, released by the task force last year, recommend doctors screen adults aged 35 to 70, with a BMI of 25 or more, for prediabetes and type 2 diabetes. But the data analyzed by the authors of the paper show that certain racial and ethnic groups would need to be screened at lower BMIs to detect diabetes at the same rates as whites – a BMI of 18.5 for Black Americans and Hispanic Americans and 20 for Asian Americans.

“That’s the case we’re making: that if you’re looking for a test that’s equally sensitive in all subgroups, then you take the lowest risk subgroup…which is white Americans, then you use it. as a threshold, and then adjust it for everyone,” said Dhruv Kazi, lead author of the paper. “It’s actually possible that people from racial and ethnic minorities need an even more sensitive threshold.”

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In other words, even at “normal weight”, non-white people are several times more likely to have diabetes than white people, which calls into question BMI as an effective way to determine the risk of developing diabetes. in patients.

“I feel comfortable saying that while we are moving away from race-based equations that have done more harm than good, we should embrace risk-based equations, even though much of that risk comes with race,” Kazi said. “There’s no way to get fair diabetes screening if we ignore this risk gradient.”

Neil Powe, chief of medicine at Zuckerberg San Francisco General Hospital, and one of the people who led the effort to change the kidney disease equation, said a ‘unified threshold’ for diabetes would be desirable. , one “that is not standardized to one race and does not disadvantage one group more than another. Clinicians should also consider factors other than race, age, and BMI, such as family history, history of gestational diabetes, and sedentary lifestyle.

Lead author Rahul Aggarwal became interested in the issue of racial and ethnic differences in diabetes risk after his mother was diagnosed with the disease while Aggarwal was in medical school at Boston University.

Neeru Aggarwal was a healthy young woman with an average BMI and a regular exercise routine. The diagnosis shocked his family, causing his son to wonder if there was any science behind the high rates of diabetes, or “high sugar,” he’s seen anecdotally in his family members and his community. He remembers how, at gatherings, relatives had to watch the amount of carbohydrates they ate or refuse desserts – all painful restrictions when faced with appetizing plates of Indian food.

“We often think of diabetes as purely a lifestyle disease, that people get it because they have a bad diet, don’t exercise enough,” said Aggarwal, resident physician at Beth Israel. Deaconess Medical Center. “But in reality, it’s a multifactorial process.”

Kazi, also Native American and an associate professor at Harvard Medical School, went through something similar when his parents were diagnosed with diabetes in their 30s and 40s, despite being thin.

Kazi and Aggarwal claim that their article is not intended to offer a perfect solution to a complex problem. “We’re making more of a comparative argument between different racial/ethnic groups, but we’re not actually saying that’s the exact threshold for testing. And that’s something that’s an important area of ​​future work,” Aggarwal said.

BMI and broad race and ethnicity labels are often crude measures of risk, used as proxies for other things, but they are available tools, and the issues of continuing to underdiagnose diabetes are huge. Diabetes can lead to heart attack, vision problems, dialysis, and a number of other health issues and complications. But early intervention can significantly reduce the risk of complications and death. The researchers hoped to offer interim advice that doctors and patients could adopt immediately, while researchers work on a more sophisticated risk calculation.

“The damage is quite catastrophic,” Aggarwal said. “So identifying diabetes appropriately and early can actually have a substantial impact on patient morbidity and mortality.”

For Licy Yanes Cardozo, a physician-scientist at the University of Mississippi Medical Center and a practicing endocrinologist, the findings of this article reinforce the data physicians already have about unequal health outcomes and serve as a call to action. . Physicians can modify their screening practices immediately, using formal guidelines as a starting point, but using their judgment based on the patient. “It really puts the power back into the doctors,” she said. “Using the same rule for every patient was never a good idea in medicine.”

Cardozo, co-author of an article on eliminating racism in endocrinology, wants to see official USPSTF guidelines changed to allow for greater flexibility in diabetes screening practices. Only when these physician guidelines change will Medicare and insurers be required to cover early detection of diabetes at a lower BMI.

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As Beijing encroaches, our leaders can only inflate their lines https://acamet.org/as-beijing-encroaches-our-leaders-can-only-inflate-their-lines/ Mon, 09 May 2022 19:00:13 +0000 https://acamet.org/as-beijing-encroaches-our-leaders-can-only-inflate-their-lines/

Would Morrison use force against China? Is he ready to go to war with the largest navy in the world? Would he use force against the Solomon Islands? Is he ready to bully a small neighbor, after insisting he respects his sovereign right to make his own decisions?

Morrison defended his use of the term “red line” by saying the United States used the same language. No, this is not the case.

The Biden administration’s statement on the Solomons last month said, “Whether steps are taken to establish a de facto permanent military presence, power projection capabilities, or military installation, the delegation noted that the United States States would then have significant concerns and react accordingly. ”

A response could be anything from a grumpy press release to financial penalties to a bombardment. Biden’s people haven’t cornered the United States with reckless rhetoric. Morrison did.

It gave Albanese the chance to tell us how he would do better. Instead, he ran his one-liner saying the government’s “stepping up the Pacific” is actually a “Pacific thing.”

Then they laughed at who was soft on China. Morrison asked Albanese why Labor cut defense spending (which they did under Julia Gillard). Albanese countered that Labor had put US marines in Darwin (which they did under Gillard) while the coalition had sold the port of Darwin to a Chinese company.

Scott Morrison was Treasurer when Darwin Harbor was leased to China’s Landbridge Group.

The Northern Territory government sold a 99-year lease on the port to Landbridge in China while Morrison was treasurer. “You checked,” Albanese said. “With your tick. You allowed this to happen.

Morrison: “We didn’t. The federal government had no authority over this sale.

Albanese was correct that Morrison, as treasurer, allowed this to happen, and Morrison is correct that the government had no specific authority due to a loophole in foreign investment law.

But if Morrison had wanted to block him, he could have. Why does parliament exist? Make or amend laws. Morrison could have changed the law in the blink of an eye. Albanese pointed out that as shadow treasurer he opposed the deal at the time.

Chinese Premier Li Keqiang and Solomon Islands Prime Minister Manasseh Sogavare in Beijing in 2019.

Chinese Premier Li Keqiang and Solomon Islands Prime Minister Manasseh Sogavare in Beijing in 2019.Credit:PA

The Darwin Harbor Lease is dangerous territory for Morrison, so he moved quickly and smartly to make a counter-charge. He interrupted the Labor leader to ask how he “would stand up to China when some of the strongest voices for Beijing come from your party”? Albanese dismissed this as an “outrageous insult”.

And, of course, this is all just plain silly. Until 2016-2017, the two major parties roamed all over Beijing seeking trade, investment, VIP visits to China, political support and post-political patronage. It was the Sam Dastyari scandal that pulled the nation out of its narcosis under the influence of Chinese Communist Party money.

From romanticizing China to swearing at it, now the two leaders harass each other on every touch point with China like dumb schoolboys accusing each other of harboring girl germs. To be fair, the format only gave them a minute each on the subject.

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But it is very clear that the Morrison government is failing to cope with the relentless pressure from China. All the Prime Minister had to offer was bluster and diversion. And Albanese missed the chance to explain how he would do better.

No, not a hint of brightness there. And bide their time? Deng, whose reforms have made China wealthy, demanded that China avoid drawing attention to its growing power until it is fully ready to assert it. Xi decided his wait was over.

In the case of Australia, the government is biding its time to respond. Two years ago, in its defense strategy update, the government admitted it was wrong to assume Australia had a 10-year warning window before conflict erupts with hostile power.

Australia has no long range strike capability, no missiles, nothing, only failed plans, orders and programs. China will seduce or overthrow one Southeast Asian country after another, one Pacific prime minister after another, while building its underwater and space combat systems and manufacturing two to three new submarines. sailors per year.

As French President Emmanuel Macron said when Australia tore up its contract for French submarines last year, Australia had no supply contract with anyone: “Now you have 18 months before a report. Good luck.”

Former Prime Minister Tony Abbott with Chinese President Xi Jinping at Parliament in Canberra in 2014.

Former Prime Minister Tony Abbott with Chinese President Xi Jinping at Parliament in Canberra in 2014.Credit:Andrew Meares

A US official once explained the difference between Russia and China in how they conduct cyber warfare. Russia, he said, hit like a hurricane, hard, fast and direct. China, however, was like climate change, gradually taking over entire systems.

This also applies to China’s overall approach to dominating the Indo-Pacific. Whether Morrison or Albanese wins this election, Australia needs some shine back. And there is no more time to wait.

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Think Before Sweeping – The Hindu https://acamet.org/think-before-sweeping-the-hindu/ Sun, 08 May 2022 17:10:00 +0000 https://acamet.org/think-before-sweeping-the-hindu/

Credit cards have many advantages. However, they can also cause major financial hardship when used carelessly.

Credit cards have many advantages. However, they can also cause major financial hardship when used carelessly.

Sachin Vasudeva

A credit card offers multiple benefits in the form of higher purchasing power and interest-free periods, as well as rewards on use.

However, it can also cause major financial hardship, largely due to financial indiscipline or a simple lack of awareness.

Here are the seven most common mistakes you can make when using your credit card.

Missing on-time payments

Although credit cards give you greater purchasing power, they also come with the responsibility of repaying outstanding amounts on time. Lack of discipline in timely repayment of your unpaid card bill can be perhaps the greatest folly when using a card.

Not only would you be subject to high late payment fees and finance charges, but regularly missing your payment can have a big impact on your credit score. Non-payment and even late payment of your credit card bill is reflected in your credit report, which can also negatively impact your chances of getting a loan or a credit card in the future.

Additionally, missing your credit card bill payment will eventually cause you to lose the interest-free period, as all new transactions will also start incurring finance charges from day one until the time you pay your bills. arrears.

Therefore, it’s essential not only to make sure you pay your credit card bills on time, but also to have the discipline to only spend what can be paid off in full, on time.

Failure of the “minimum due”

In addition to the “Total Amount Due”, card issuers also offer an option to pay the “Minimum Amount Due” by the due date, to keep the card active and avoid late payment fees. This minimum amount due is a small fraction of the total due, usually around 5%. However, by only paying the minimum due, the outstanding balance on the card begins to incur finance charges which, in the case of some cards, can be as high as 40% per year.

When you transfer the balance to the next billing cycle, finance charges will also be levied on new transactions until you pay off the entire outstanding balance. This can quickly increase your indebtedness.

ATM withdrawal

Although withdrawing money from an ATM using your credit card may seem like an easy solution to your cash needs, it is one of the most expensive forms of borrowing. It attracts three types of charges.

The first is the cash advance fee, which is typically around 3.5% of the amount withdrawn. Second, financial charges on the money withdrawn, which can reach 40% per year. And third, all new credit card transactions after withdrawing money also start incurring finance charges from day one.

This means that once you withdraw money with your credit card, you can no longer take advantage of the interest-free period on your new transactions, until you repay the cash advance. Although the cash advance fee is a one-time fee, finance charges will be levied daily until the amount is fully repaid.

If you withdraw money and don’t pay it back promptly, you may end up paying a substantial amount in finance charges. Therefore, credit card cash advances should always be considered the last resort. A personal loan or a credit card loan can be a better alternative to meet the financial requirements.

exhausting limit

If you regularly exhaust your entire credit limit, it can negatively impact your credit score, as your credit utilization rate (CUR) becomes extremely high. The CUR is a percentage of your total available limit that you are currently using.

If your CUR is high, especially when you frequently approach or exceed your credit card credit limit, you will be perceived as a credit addict, which can negatively impact your credit score. If you regularly max out your credit card, you can apply for additional credit cards or ask your card issuer to increase your credit limit.

Interest-free period

One of the most important features of a credit card is the interest-free period. This is the period between the purchase date and the payment due date.

If you pay all your dues on time, transactions made during this period do not incur finance charges. Transactions you make early in your billing cycle will be eligible for a longer interest-free period. If you have multiple credit cards with varying billing cycles, you should spread your purchases across those cards to make the most of the interest-free period, especially when making large transactions.

Making high-value purchases early in your cycle will give you more time to pay them back.

Increase in limit

Having a low credit limit on your credit card can be a big inconvenience because it limits your purchases, even if you have sufficient repayment capacity. It also limits your chances of earning higher rewards through higher spending and pushes you towards higher CUR. A higher limit, on the other hand, if used wisely, can be very useful.

It comes in handy in an emergency and gives you higher buying power to make the most of offers and discounts during offer periods. Increasing the limit also lowers your overall credit utilization ratio, which can positively influence your credit score.

Expiration of reward points

Most credit cards come with a rewards points program where cardholders earn rewards points, and the points earned can be redeemed for gift certificates, merchandise, or statement credit.

However, rewards points have expiration dates, usually 2-3 years from the date they were earned. Your monthly credit card statement contains details of the points that are about to expire during that month. It’s important to keep track of when reward points expire so you don’t miss out on this benefit.

(The author is Associate Director and Business Leader (Maps), Paisabazaar.com)

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GOP primary candidates debate in Gaza | News https://acamet.org/gop-primary-candidates-debate-in-gaza-news/ Sun, 08 May 2022 12:00:00 +0000 https://acamet.org/gop-primary-candidates-debate-in-gaza-news/

GAZA—The population of a small town in O’Brien County exploded Tuesday night as Gaza hosted a high-powered forum for the Iowa legislature.

The five-party forum included all candidates who could speak for the county in the Iowa House of Representatives and the Iowa Senate. The two-chamber districts include all of O’Brien and Osceola counties as well as areas further south and east.

Producers Cooperative, a corn seed facility in the city, hosted a crowd of nearly a hundred on May 3. Questions were submitted ahead of the two-hour debate, moderated by Sutherland’s Dani Rehder.

Rehder described the first question as “fun,” with the answers giving insight into each politician.

Which constitutional amendment is the most important?

“The First Amendment,” Tom Kuiper immediately replied. “It’s very important to be able to express yourself.”

Residing in rural Sibley, Kuiper is a paralegal by trade and a political commentator on the side. He takes an academic approach to expressing his Christian and conservative views, which are threatened by what he describes as an increasingly anti-freedom left.

Kuiper’s two opponents for House District 5, Zach Dieken and Rep. Dennis Bush, are split on what’s preeminent.






Zach Dieken speaks at a Republican debate in Gaza on Tuesday, May 3. Dieken is running for Iowa House District 5.



“The Second Amendment, to me personally, is the protector of all other amendments,” Dieken said.

Dieken centers his campaign on promoting an aggressive defense of what he described as an erosion of freedoms. He is an Iowa State Patrol Trooper living in rural southwest O’Brien County.

Bush, the district incumbent, said it was a close call but opted for the former.

“Our ability to worship freely, our ability to hold meetings like this, to have a voice in our government, to share our concerns is very important,” Bush said. “It’s essential for our country to keep moving forward.”

Valuing the contribution of others and seeking collaboration are essential for Bush. A veteran local official in his home county of Cherokee before running for Statehouse in 2020, he said the best governments are ones where everyone is involved.

The pair of Iowa 3 Senate candidates also went one-two.

“We’ve done a lot specifically for the First Amendment in the state of Iowa, but not enough,” Anthony LaBruna said.

He went on to say that social media regulation is necessary to preserve freedom of expression. As a former White House official working with the U.S. Commerce Department, LaBruna said he has the experience to get results for N’West Iowa. He recently moved from Storm Lake to Sanborn.







Gaza Debate: Lynn Evans

Lynn Evans speaks with participants of a Republican debate in Gaza on Tuesday, May 3. Evans is running for Iowa Senate District 3.



Lynn Evans, an educator from Aurelia, chose the latter.

“The reason the rest of our constitutional amendments remain intact is because we have the right to defend ourselves against a government that, well, you don’t have to go too far outside our own borders to see what’s going on,” Evans said.

Evans has made gun rights a central part of his platform. He also championed support for rural schools as a former district superintendent of Hartley-Melvin-Sanborn and Alta-Aurelia.

Do parents have the right to know what their children are being taught?

No one objected to parents having access to the curriculum and lesson plans, but the candidates split into two groups.

Three jumped at the chance to decry education in general.

“I won’t say the word, so heck yes,” Kuiper said.

Dieken said “secular humanism” has replaced Christian values, later adding that the current education system “doesn’t work”.

LaBruna called for more transparency in public and private institutions.

The other two rejected the premise.

“We passed a bill in the House that would do exactly what this question asked for,” Bush said.







Gaza Debate: Dennis Bush

Representative Dennis Bush speaks with a guest at a Republican debate in Gaza on Tuesday, May 3. Bush is running for re-election in District 5 of the Iowa House.



Bush went on to explain how he was part of the movement that fought for open enrollment in Iowa. He described the new issue as a diversion to funnel taxpayer money into private schools, which he said violates the separation of church and state.

“I might as well come out and say it. The governor is trying to use this election as a referendum for his voucher bill,” he said. “I am the only candidate for the House of Representatives who stands with our public schools. Painting all of our public schools with the same brush does a disservice.

Evans agreed, saying involving parents is already best practice. He also cited his decades in public education.

“Northwest Iowa has some of the best schools in the state, bar none,” Evans said. “When you look at the graduation rates in the state of Iowa, we’re one of the leaders in the country. Obviously we are doing some things right.

How far can abortion restrictions go in Iowa?

The U.S. Supreme Court appears set to completely overturn Roe v. Wade, the cornerstone of the country’s abortion rights, according to a leaked document news website Politico published 24 hours before the Gaza debate.

The official decision was previously expected to be made in early summer. If unchanged, the ruling would return the law regarding termination of pregnancy to the state level as it was in 1973 before Roe.

All of the candidates are staunchly anti-abortion, though Dieken has made it a campaign highlight.

“I woke up praising God this morning that we had the opportunity to live in an epic time when this ridiculous and misleading judicial opinion was sent to the trashcan where it belongs,” Dieken said. “States ignore Supreme Court opinions all the time. We forbid it. We criminalize it. We abolish it completely. Period.”







Gaza Debate: Anthony LaBruna

Anthony LaBruna answers a question during a Republican debate in Gaza on Tuesday, May 3. LaBruna is running for Iowa Senate District 3.



Evans was in a similar camp, using the same term Dieken used: “abortion abolition.”

LaBruna said he would like to pass a law similar to one recently enacted in Oklahoma that would ban abortions if a fetal heartbeat is detected, often around the six-week mark.

“We’re the party that cares about the kids,” LaBruna said.

Kuiper and Bush noted that any legislation still has to pass the scrutiny of the Iowa Supreme Court.

In a similar debate in Sibley on Sunday, May 1, Bush added that he favors exceptions to the abortion ban in cases of incest and rape, in addition to life-threatening pregnancies. .

“These would make a very strong case that there should be exceptions to this,” Bush said. “Otherwise, I’m pro-life from conception to the end of our natural lives.”

What qualifies you for the office you are looking for?

All the candidates looked at their CV.

LaBruna said his time working in the halls of federal and state power shows his “tested conservative record,” even amid dense bureaucracy and factional backsliding.

“If you can’t be effective, you can’t make a difference in your community. You have to know how to deal with people like that,” LaBruna said.

Evans, his opponent, said it took decades of community connection to earn votes.

“The quality of life here is incomparable. I’ve been showing up in northwest Iowa my whole life,” Evans said.

In the House race, Bush also drew on his experience on county and school boards and as the only incumbent lawmaker of the five.

“One unique thing that I bring is that I have a track record. If you want to know how I voted, check the newspaper in the House for the past two years, you’ll know exactly where I stand,” Bush said.







Gaza Debate: Tom Kuiper

Tom Kuiper speaks during a Republican debate in Gaza on Tuesday, May 3. Kuiper is running for Iowa House District 3.



Kuiper said his attention to detail and conviction are what set him apart.

“My main focus is that less government is better. We have to establish God in our personal lives and our public lives. And of course, we have to be good stewards,” Kuiper said.

As a law enforcement officer, Dieken said he puts everything, including his life, on the line to protect what he cares about. He had a similar closing statement in the Founding Fathers-related Sibley debate.

“What we don’t remember about them is that they were willing to sacrifice themselves for freedom. If you sympathized with the revolution, you sympathized against the British, your farm was taken, burned and you were killed. We don’t think like that anymore,” Dieken said.

“We want to be given freedom and freedom has a cost. Are we ready to fight for it or not?

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Nifty Charts: Trade Setup: Nifty may see existing shorts lending support at current or lower levels; stick to low beta and defensive stocks https://acamet.org/nifty-charts-trade-setup-nifty-may-see-existing-shorts-lending-support-at-current-or-lower-levels-stick-to-low-beta-and-defensive-stocks/ Sun, 08 May 2022 11:17:00 +0000 https://acamet.org/nifty-charts-trade-setup-nifty-may-see-existing-shorts-lending-support-at-current-or-lower-levels-stick-to-low-beta-and-defensive-stocks/ Markets had a very weak day on Friday as they inherited an extremely weak global trade setup. After a deep red overnight in US markets, Asian markets also started on a negative note. India was no exception. The Nifty saw a lower open on Friday and continued to trade with losses throughout the day.

The index showed no intention to rally during the day. However, the trading range for the whole session was only around 80 points, with the index continuing to oscillate within this limited range before closing with a net loss of 271.40 points (-1, 63%).

ETMarkets.com

If we look at a chart in isolation, the technical setup looks quite weak. The Nifty has moved away from its key support and generally such technical setups should inject some more weakness into the markets.

However, one important thing that we cannot afford to overlook is the number of short positions markets add with each decline. Even on Friday, Nifty May futures added over 5.03 lakh shares or 4.86% net open interest.

It was the third day in a row that new shorts were piling up in the system. At any time now, we can expect these shorts to provide support for the markets.

Monday is likely to see the 16,510 and 16,580 levels act as immediate resistance points. Support stands at the 16,350 and 16,280 levels.

The Relative Strength Index (RSI) on the daily chart is 35.29. It marked a new 14-period low which is bearish. However, it remains neutral and shows no divergence from the price. The daily MACD is bearish and remains below the signal line.

A lower breakout appeared on the candles following a lower open in the markets. Usually, such formations cause the trend to continue. However, this will require confirmation on the next trading day and should not be traded in isolation.

Overall, the technical structure of the markets remains weak. However, given the number of shorts in the system, a technical pullback fueled by shorts coverage is overdue and imminent. For this reason, even the break that falls on the candle should not be traded in isolation. Chances are that even if there is progressive weakness, the Nifty may see existing shorts lend support at current or lower levels.

Again, this would come with a caveat. This reading will only be effective if there are no more other global weak technical configurations to inherit. Under the current circumstances, it is strongly suggested to continue to stick to low beta and defensive stocks. While strictly avoiding shorts, all downsides should be used to selectively pick quality stocks at current levels or below.

(Milan Vaishnav, CMT, MSTA, is a consulting technical analyst and founder of EquityResearch.asia and ChartWizard.ae (ChartWizard, FZE) and is based in Vadodara. He can be contacted at milan.vaishnav@equityresearch.asia)

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Samsung Galaxy Book Go targets students and regular hybrid office goers https://acamet.org/samsung-galaxy-book-go-targets-students-and-regular-hybrid-office-goers/ Sun, 08 May 2022 05:21:11 +0000 https://acamet.org/samsung-galaxy-book-go-targets-students-and-regular-hybrid-office-goers/ Residence ” General ” Study ” Samsung Galaxy Book Go targets students and regular hybrid office goers

By Vivek Singh Chauhan

New Delhi, May 8 (SocialNews.XYZ) In a bid to make headway in the highly competitive laptop market in the country dominated by HP, Lenovo and Dell, tech giant Samsung has now introduced laptops into the countries, including the affordable Galaxy Book Go.


With a starting price of Rs 38,990, the Galaxy Book Go comes in silver color and has a 14-inch display.

It is powered by a Snapdragon 7c Gen 2 processor and comes with 4GB of RAM.

Let’s find out how the new Galaxy Book Go fared in our review.

In terms of design, the Samsung Galaxy Book Go has an all-plastic build, but it still feels sturdy, and the silver color scheme makes it look more premium than it looks with a sleek design.

To accommodate the webcam, the bezels are small on the sides and larger on top.

There are two USB Type-C ports, one on each side. On the left side there is also a 3.5mm audio jack and a microSD card slot. The two 1.5W speakers are placed at the bottom and support Dolby Atmos.

This laptop’s 14-inch Full HD screen is big for a laptop at this price, but it has a few flaws. We noticed a slight color distortion when looking at different angles at times.

However, while using this laptop for video calls and other office tasks, everything went well. It also provided us with rich soundscapes while watching movies and other content.

The laptop is powered by the Snapdragon 7c Gen 2 compute platform that offers advanced camera and audio technology, artificial intelligence (AI) accelerated experiences, and enterprise-grade security features that allow users securely connect, create and learn throughout the day. He was not slow on a daily basis.

Galaxy Book Go builds on Windows 11 experiences with the benefit of instant speeds.

The battery life of the laptop is good as it lasted over 10 hours on a single charge.

Conclusion: Considering the price, the Galaxy Book Go is overall a good device with several great features.

The laptop can surely meet the needs of students as well as office enthusiasts in the hybrid standard, as it offers good battery life and a powerful processor, making it ideal for online classes or at-home use. office.

(Vivek Singh Chauhan can be contacted at vivek.c@ians.in)

Source: IANS

Samsung Galaxy Book Go targets students and regular hybrid office goers

About Gopi

Gopi Adusumilli is a programmer. He is editor of SocialNews.XYZ and president of AGK Fire Inc.

He enjoys designing websites, developing mobile apps and publishing news articles from various authenticated news sources.

As for writing, he enjoys writing about current world politics and Indian movies. His future plans include developing SocialNews.XYZ into a news website that has no bias or judgment towards any.

He can be reached at gopi@socialnews.xyz

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Motion seeks to limit potential damages against Fortune Teller https://acamet.org/motion-seeks-to-limit-potential-damages-against-fortune-teller/ Sat, 07 May 2022 14:25:18 +0000 https://acamet.org/motion-seeks-to-limit-potential-damages-against-fortune-teller/

A lawsuit brought by a man who alleges a Palos Verdes Estates psychic falsely promised him in 2021 that she could remove a curse put in place by the man’s ex-girlfriend for $5,100 should be reclassified to limit the plaintiff’s potential damages, an attorney says the psychic in new court documents.

Attorney Gary Kurtz, on behalf of psychic Sophia Adams and several other defendants, says in court documents filed Wednesday in Torrance Superior Court that a reclassification is necessary even assuming plaintiff Mauro Restrepo’s allegations are true. If granted, Restrepo would be entitled to a maximum of $25,000, but Kurtz maintains in his court documents that the entire dispute involves a claim not exceeding $1,000.

“It’s really an example of the adage that anyone can be sued for anything in California, no matter how stupid the complaint,” Kurtz says in his court documents.