Business Finance Articles

Your First Financial Choice....

Umair Ahmed Minhas

Is Silver Good Investment for future? 6 Reasons; Why Silver Investment is Safe

Last Updated on By Leave a Comment

Investment is a gamble for me; it might turn you into a millionaire overnight or throw all your money to waste. But the intelligent investment pays off eventually.

Investment is a very delicate matter, to be honest. It is not unusual to think of the pros and cons of your prospect investment. In fact, deliberation before putting your money in something saves you from any future misadventure.

Same is the case while investing in precious metals like gold, silver; you have to be vigilant of the circumstances. Silver is a very healthy option to put your money in, although its worth is not anywhere near the gold’s is, it still fares graciously.

But still, to this date, an investor’s mind boggles around questions like, is investing in silver a good idea, and will it pay off?

Keeping in the current situation and trends, buying physical silver is something that you should sternly think about (because of the price hike in the future).

pros and cons of investing in silver

Reasons why investing in silver is safe for the future

Silver is Money

It is very accurate that we no longer transact business with silver, but silver and gold are still a natural substitute for money.

 There is no risk of deflation of silver. Unlike paper or digital money, you cannot create silver out of anything. Moreover, the value of silver is not dependent on external factors.

Safe from Digital Fraud

In contemporary, times almost everything has gone digital. From buying online to paying through cards, the use of real money has diminished. With increased online transactions, cybercrimes and digital fraud are unprecedented.

Investment in silver is impervious to such counterfeits, hence ensuring the safety of your money. You can take it anywhere in the world you want. It cannot be manipulated or hacked like digital accounts could be.

Silver is Cheaper than Gold

You must have always wondered whether to invest in gold or silver? Well, let me unravel it for you; investment is silver is cheaper than the gold. But, it serves the purpose just as much.

You can buy silver at 1/70th of the price of gold. Being cheaper makes silver affordable and easily accessible for an average investor.

Silver is the source of satiating your hunger for accruing precious metals.

An Inflation Hedge

Silver is your Messiah against the inflation and devaluation of ordinary money. Whenever inflation breaks the bones of paper money, intelligent investors resort under the shelter of silver.

Studies have evidenced that silver correlates affirmatively when inflation rears its head.

So whether you want to hide from inflation or put up a fight in economic mayhem, silver is the hero you need.

Easy to Buy, Easy to Sell

Silver is not only cheaper to buy, but it also lays off quickly. If you have silver reserves, you can sell them off in the time of financial uncertainty to getting some relief.

Another benefit of silver is that it comes in small proportions making it easier to unload them as compared to gold.

High Industrial Demand

Countries used to keep stock of silver once, but nowadays, the silver reserves of governments are not as much as they used to be.

With the production of silver decreases, its industrial demand is on a continuous rise.

This demand is expected to rise even more with time, as many emerging economies like China are now moving towards green energy.

Bottom Line

The value of silver, like gold, can never see a low. No matter how much technology prevails over the world, precious metals will always be relevant and intrinsic to our lives.

Investment in silver, as it is evident, is the best way to fight inflation and financial turmoil. It also guards you against the devaluation of paper money.

There is no need to ask yourself any daunting question before investing in silver stocks. It is as safe as an investment in gold or any other source.

It is cheaper than gold, lays off quickly, and is deemed to have hike demand in the future.

Hence, you should invest audaciously in silver as it assures a safe, profitable, and reliable opportunity against all the odds.

How to Resolve Anger Management Issues; 7 life-changing tips

Last Updated on By Leave a Comment

Do you get furious at even the minute discrepancies around you? Does anger get better of you even if you try not to get irritated? If yes, then, unfortunately, you are encountering anger management issues.

But you need not worry. Anger is a healthy and normal emotion like any other emotion. Like other feelings or sentiments, anger is also a way of conveying a message to the observers that you are annoyed, upset, or threatened.

However, it can be tackled wisely, and specific techniques are very helpful in fighting anger issues, which are discussed later in this article.

Anger itself is not an issue, but mishandling it can put you in awkward instances some times.

It might seem to you that your anger is upright and justified, but to others, it may seem scurrilous. It may also lead you toward alienation from society.

So having anger issues means you shall focus on your anger management. Anger management does not imply that you will not get angry in prospect. Instead, anger management teaches you how to be positive in situations where you might get angry.

However, it is never too late to start medication for getting rid of an ailment.

There are some basic, initial techniques that you can try fixing your anger problems with. These anger management tips might save you from the need to acquire professional assistance.

First Think, Then Speak

There’s a famous saying that “always think before you speak.” Abiding by this rule can help you avoid many awkward situations that you may regret afterward.

Whenever something triggers you to be angry, just take deep breaths, try to calm your thoughts, and shun any negative vibes emanating from you.

Try to Relax

Clinging on to standard relaxation tools such as deep breathing and imagery relaxing can aid you immensely in overcoming your anger issues.

Many books and courses are available which teach you how to use these relaxation tools. By implementing those techniques during angry moments, you can successfully tackle your anger.

Exercise Helps

Exercise not only keeps you fit and active, but it also imparts happy vibes in your mind and body.

Much time, stress instigates anger. So, physical activity reduces stress significantly, which ultimately shuns anger.

Whenever anger starts taking over your body, step outside and go for a walk or a physical activity.

Go for a Picnic

Nowadays, hectic work routines have made our lives dull and drab. Due to no healthy activity, stress gets a clean way into our life.

Therefore, whenever we are up against any unfavorable scenario, our brains resort to violence and anger as a response.

That is why you should take a break from work now and then and go for a vacation or a roadside trip with your family and friends to keep yourself happy and healthy.

A few days off work would prepare you better for the prospective endeavors and help you deal with problems positively and effectively.

Know What Triggers You

Your anger does come from certain un-identified external factors. To resolve your anger management issues, you should first unravel those mysterious things that trigger you.

For instance, traffic jams, extensive lines, and lampooning comments might wake your anger instincts up. If you start realizing that these things make you angry, you can optimize your behavior if you are stuck in that situation again.

Once you have known your triggers, you might affirmatively re-arrange your life to avoid unwanted anger. Always keep in mind that anger won’t solve any of the issues, but it would only make things worse.

Talk it Out

A conversation resolves things that nothing else could. It is the best way to put your concerns before others without getting them offended.

If a particular habit or demeanor of a person bothers you, try for once the “talk and resolve” method rather than taking the anger path.

For example, if you want your spouse or your roommate to do household chores too, say, “I am upset that you do not offer to help me in running errands” instead of “you never do any housework.”

Humor-Up and Release Tension

When the anger gets on your nerves, start joking around. Silly humor relieves anger in many ways.

Calling someone names (not offensive obviously) or referring them to imaginary things then fantasizing them how they would look like in such an outfit can instantly cheer you up and change your mood upside down altogether.

So now you know whenever in a bad mood, be punny (Pun intended).

In the End

Do not pay heed to the stereotypes that anger is a mental disorder, or you need to see a doctor. Nonetheless, you need to learn to have control of your anger rather than letting it take over your body.

Anger management issues can put you in some unwanted situations that you might regret later on.

However, you can put reigns to this “running riot horse” by some methods, but seeking professional help becomes critical if it goes beyond and far away from your administration

Corona Virus Pandemic; Gateway to a New World?

Last Updated on By Leave a Comment

It has been around four months since the Corona Virus (COVID-19) pandemic spread all over the World like a jungle fire. Bringing everything to still, this minute yet sturdy particle did discriminate between the rich and the poor or the mighty and the feeble.

With around five million cases all over the World, coronavirus pandemic has gravely tested Mankind. Although we still seem somewhat clueless as to how it originated, this kind of viral onslaught is not unprecedented.

We have endured the havocs of Black Death in the 14th century that took the lives of nearly half of the population of Europe. The calamitous demeanor of smallpox during Yester-century is not over our minds yet too.

 It is now for us to comprehend what is to come next. What is there at the end of the tunnel? How will the World shape up once the pandemic is over? Would it ever end, or we just have to learn to live with it like HIV? These are some of the questions that boggle our minds nowadays.

The blatant truth is that the previous World is gone. Covid-19 pandemic has changed the course of things altogether, and here’s what to expect next.

The Era of Remote Jobs

One thing that the prevalent virus has made clear is that being confined in a room on the 14th floor of a sky-kissing building is not the only way to run a business or an office. You can carry out dealings, look after your job at home too.

We might have known the comforts of remote work pre-pandemic, but we were too reluctant to adopt it. By the time virus is vanished, many businesses would have gone virtual.

The virtual businesses would not only benefit the businessmen but also free up building spaces that would, as a result, reduce the pressure of housing demands.

With many people losing their jobs, the freelance market is expected to flourish.

According to the International Labor Organization (IL0), around 148 million full-time jobs are feared to suffer amidst the pandemic.

This severe condition would shift the trend toward online work.

Social-Distanced Eating

The countries where the lockdown is eased off or lifted altogether; the layout of restaurants and eating places is not the same as before.

Most of the food chains like McDonald’s are as of now just entertaining takeaways/ drive-through with their dine-in services still under lockdown.

The restaurants which have started functioning, their tables are observing social distancing too. The setting of tables at a maintainable distance means no more crowding over of restaurants. Fewer people would now be able to savor food inside the restaurant at a time.

You can wait in the queue for your turn to enter a food place or you can order at home. This will make the online food ordering luxury a necessity.

The culture of having coffee on a roadside café might vanish away. Online businesses will flourish nonetheless.

Virtual Education

Oxford University has recently announced to go online until the summer of 2021.

The recent pandemic has, in a way, revolutionized the education systems all over the World. We will see an increased fashion of virtual education after everything is back to its standard.

Students are experiencing some problems due to not being accustomed to online learning. However, this hesitant and hasty measure would turn out to be a wise decision in the longer run.

For the time being, almost every school, college, and university took advantage of technology and has started online classes. The online lectures are not just confined to degree programs, but at the highest most level, too, it is being called to help.

Virtual education is being applied with the full flow; nonetheless, the real question here is that whether the system of online courses will sustain after the virus has gone, or conventional structure will be resuscitated?

Focus on Healthcare

Covid-19 pandemic has taken World by the storm, undeniably. No one anticipated it coming.

Nonetheless, it has made nations realize how intrinsic it is to invest more in the health sector. If your health system collapses, your country will collapse.

There is no denying the fact that we are in a “war-zone” presently. A soldier must be fully equipped with ammunition to fight.

But in the war at hand, our frontline soldiers (doctors, nurses) lack Proper gear. There is an acute shortage of Personal Protective Equipment (PPE) in most countries.

Anyhow, this global crisis has made us realize the importance of a robust healthcare system. What we expect post-pandemic is that countries making improvisations in health institutions their foremost priority. The current disaster is a lesson to learn.

End of Globalization?

The pandemic has unfolded ahead of us that we take things for granted most of the time. Pre –pandemic, we thronged almost every place with absolute freedom and no fear. This has changed entirely since the current viral outbreak.

As the people would now be more confined in their relations and dealings with other people, countries in the international arena would exercise the same.

Voices are already attaining pace that the pandemic is in itself an outcome of globalization. The world trade has almost come to a still. Foreign investment is nowhere to be seen.

Despite all this, many people are optimistic that the world would be back to its standard co-operating procedures once we are over this crisis.

Bottom Line

Every storm passes, no matter how mighty it is. Likewise, this pandemic shall also be over sooner or a bit later. But how would we line up our preferences post-virus will determine the future.

We need to implement policies that would be most robust not only in fighting the virus but push us in the right direction once the suffering is over.

“This storm will pass. But the choice we make now could change our lives for the years to come.”

Yuval Noah Harari

5 Things You Can Do To Be Productive In Self-Isolation

Last Updated on By Leave a Comment

It has been around two months since the lockdown due to coronavirus pandemic. Except for healthcare workers, police, or government officials, almost everyone else is sitting at home. Many people are working from home, students taking online classes, but most still are sitting idle. The people are bored with their pandemic routine so much that they have started missing their previous work life routines. Yes, the very routines that they despised much.

Are you one of those people too? Are you fed up of “Netflixing and chilling” in your PJ’s while having nothing substantial to do? Do not worry; it is not abnormal.

At the end of this article, you will find yourself a technique to be productive and make the most of your leisure time in the lockdown. Just read this article till the end.

Here are some tips to be fruitful during the lockdown

Learn a Language

Remember a movie night when you were watching a movie and an actor spoke a phrase of the French language? You thought how attractive and stimulating it sounded. You desired that you had time to learn it. Now is the time to make that wish true.

You can find countless YouTube video lessons, a bunch of mobile apps, and a wide range of online courses for learning a new language. So, get learning and have a new language in your basket to show it off after the lockdown to your colleagues and friends.

Get Healthy

Start eating healthy, exercise, and get fit. It may sound a bit dumbfounding, but you can do all this while sitting at home. Now is your chance of executing a diet plan that you always wanted to pursuit.

Sitting all day long on the sofa with no physical activity will never supplement your diet plan. To support your healthy eating, you need to get exercising. With gyms being closed, you would wonder how you are going to exercise. Bring home a treadmill or a bicycle machine and get sweating off.

Focus on Writing

I have seen many people in my life complain that they want to enhance their writing skills but never get time off their busy schedules. Writing, nonetheless, can be an intricate task at first but an intriguing one once you break through the initial endeavor.

It is never too late to do something. If you want to write a novel, start your blog, or draft a proposal, you have all the time by your side these days. So why are you still waiting? Get writing and pen your thoughts.

Read a Book

Books are informative and impart many skills to you. It is a very famous saying that “Books are your best friends.” Make a new friend, a loyal friend, while you are in self-quarantine.

Pick a book of any genre you want and start reading. Be it some fiction, a history book, or any of any sort; it will only add to your knowledge.

Lear a New Skill

Want to decorate your CV with a new enchanting skill? You have all the time in the world nowadays to achieve it. You can learn how to Photoshop, how to write a compelling literature review, or how to use Word press easily these days in contrast to the regular days.

Not having much on your plate in lockdown is an opportunity to enhance your talents. A vast number of websites like Udemy, Coursera, edX, etc. provide you with abundant courses from which you can choose. On top of everything, most of the courses are free of cost.

So choose yourself a course and come out of lockdown equipped with new skills.

Bottom Line

Having said all of the above, do not stress too much if you are not productive. It is okay to relax sometimes and do nothing. You spent countless hours working day and night, never had much time to spend some quality time with your family and friends. Do it now. Use this time as a break to re-start your life. Take time out for yourself, focus on self-care and grooming.

 Make this period worth it while. A mental health activist Fay Lin recently said on her social account “It is ok to struggle with productivity, mourn the experiences that were canceled due to social distancing, and feel anxious about the uncertainty.” 

8 Things People Consider before Buying Product

Last Updated on By Leave a Comment

We very often find ourselves scrolling through the aisle of a store, either stalking the items put on the shelves or adding them to the trollies being pushed around by us. Not only buying products in big departmental stores, but we may also sometimes need to bring home furniture or a T.V or, for that matter, even a mattress.

No matter what product or commodity we buy, there are always specific considerations or factors that we bring to our minds before adding them to our bucket-list.

Considerable Things before making Buying Decisions

However, the question as to how and why do people decide to buy products is still an intriguing matter. Maybe the answer to this question is still a myth to this date because there is a variety of buying minds, i.e., some people buy things in a blink of an eye without giving a second thought while others thoroughly investigate their decision before making a purchase.

Affordability

In most cases, the primary factor that influences a buying decision is economical. Every buyer scrolls through his pocket to see if he actually can afford that thing to buy. Affordability is the basis of a purchasing decision. The wisdom behind this being you cannot purchase what you cannot afford.

Need Recognition

While it may be very accurate that people do sometimes buy things impulsively that they do not even need, but most of the time, a need pushes them to enter a store.

Say, for example, you need to go out on a vacation for which you lack a backpack. So this inevitability to have a backpack will drag you straight to a relevant shop.

Hence, necessity also has a significant say in shaping a buying decision.

Brand Repute

Whenever we go shopping, it is our foremost attempt to bag the best available brand.  Why is that? Because the best manufacturer ensures the best and long-lasting product. But on the parallel, it is also due to the factor that the advertising policy of the brand is so enchanting that it makes you buy their products.

So, brand reputation is also a leading element in making people buy things.

Personal Preferences

People usually buy things that they like. This factor of fondness varies from person to person. One person may want a product that another person may despise.

For example, a stereotype has been established in our society that pink is a girly color. So boys usually do not buy clothes or other items painted pink.

Product Quality

It may be the most critical factor that people consider while buying a product. No one obviously would want a substandard or easily worn-out item. They even are willing to pay a bit higher than usual for a superior quality product.

The product’s longevity is a significant inducing aspect that is generally brought into consideration while buying products.

Social Influences

The past experiences or recommendations by friends and family very much prevail buying decisions of an individual. People usually fearlessly purchase those products about which their social circle have good reviews

A recent study has shown that about 59% of the people ask for consultation from friends to help with a buying decision. Therefore, the family’s guide about an item that you want to buy still influence your choice a big deal.

Price Comparison

If a product of the same quality is available in more than a single place, people typically like to compare prices and do quick math. No one wants to buy expensive products.

To save themselves from paying more, people tend to visit more than one place to give them an idea about the pricing of a product.

Resale

It might surprise you that people do consider the resale value of a product before purchasing. Though this factor may only be considered while buying certain products, for example, buying a car or a bed or a sofa set, it still is a deft concern.

Final Verdict

Considering certain factors before buying a product or consulting your close social circle is not a bad exercise. In fact, doing this would only make shopping easy for you. Consideration not only saves you a whole lot of money but also helps you avoid buying inferior quality items.

You should always consult others and spend wisely rather than awfully so that you may put aside money for a rainy day.

How TO Earn Money With Your House

Last Updated on By Leave a Comment

There is no denying the fact that houses cost us money in many different ways, such as mortgages, utility payments, property taxes, and so on. Housing costs may even be your leading expenditure if you own a house. Notwithstanding some truths that are stated above, as surprising as it may seem, but there are numerous ways by which your home can earn you income.

In this article, we will discuss five amazing ideas to make money with your home. You can “put your house to work” and make it bring passive income for you to spend in paying its bills, mortgage, or any way you like.

Rent out a Bedroom

If you have an extra room in your house that you do not use for yourself, you can, however, use it to your benefit otherwise. In present times, finding accommodation at ordinary rates is no less than finding a hairpin in the dark, both seem near to impossible. By putting an affordable price, you can attract tenants and hence passive income.

Students living outside their home city or country are usually in dire need of such opportunities, and besides earning, renting a room to a student would keep you safe from typical troubles that non-student tenants may bring with themselves.

Sales in Yard

You may have always perceived the spacious yard in front of your house as orthodox with not actual use than to just growing flowers or similar purposes. But breaking stereotypes for you, having a yard or front lawn can help you bring in good money.

You can set a stall of things that you might want to sell, such as unused items that you want to clear out of your garage, homegrown vegetables, and extra eggs from hens at your house or kindling. Living in a roadside house form where many people walk by daily may even boost your sales.

Even if you do not have anything to sell yourself, you can still rent out your front yard to people who might want to use your property for their venture, hence fetching money for yourself. But a disclaimer is inevitable to given here that before using the yard for sales, you must always consult with the house owner association limitations regarding yard and garage sales of your area or zone.

Letting out Garage

If you have a parking lot that is either used barely or is too large that even after parking your vehicle, massive space is left behind, then you have no idea what benefits that space is hiding in it for you. You can find a vast number of people that may want you to let such a garage or some area of it to them and, in return, pay you a handsome amount.

You can even let that garage daily or for certain fixed days, also if you do not want to rent your portion for a more extended period. Hence, another attractive way to milk out some money.

Boarding Pets

Many of us certainly love pets and enjoy being in their company. So, if you are a pet lover too and your house has extra space that could accommodate some animal warmth, then you can earn good money while satiating your hunger for pets.

Pet owners are most concerned about their animals whenever they have to leave them someplace for a day or two. They will always give preference to a private house rather than a commercial shelter.

So, if you have an extra portion and think that you have no problem hosting a pet, then you can make much money, but first, you have to make some arrangements in your house that the pet would love and where its owner would not be afraid to leave it.

Several distinct ways are there by which you can advertise your service; for instance, there are certain pet-sitter apps or other online platforms build for this purpose.

Growing Veggies & Fruits

With the people becoming more and more concerned about the purity of eatables, the venture of homegrown items is blooming. If you have much free green area that is not utilized; otherwise, you can grow yourself a cash crop.

Although you cannot produce items in a hefty quantity, you can still grow as much that could earn you some extra cash. Florist products, landscapes plants, variety of flowers or fresh vegetables, fruits, or nuts can be produced and then sold on your front porch or to a wholesaler at farmer’s market.

Final Verdict

Having described all the different ways by which you can make your house a cash cow, still keep in mind that bite only as much as you can chew. Make sure that you are within legal limits while executing the business.

Nonetheless, considering that you must have spent a considerable amount of money in buying a house, it is your right to get something in return from it in any way as put out above or other possible means.