Benefits Of Attending A Financial Planning Retirement Seminar

Looking to attend a financial planning retirement seminar? What are the things to look out for? Here are some things to take note. Before attending such a seminar, do know what your expectations are and what the people organizing the seminar can deliver. Usually, part of the financial planning retirement seminar will include sales pitches on products propagated by the organisers.

There is nothing wrong with these, but you do have to be aware of what your own needs in terms of such financial services and products. Some topics that are be covered in such a seminar should include personal financial planning, retirement, savings and investment and other similar topics.

A certain number of retirement planning seminars have speakers suggesting the use of high-risk financial instruments so that (logically) higher investment returns can be achieved. The logic is, of course, with higher investment returns, you can secure a more comfortable retirement in future. All very well and good, but it is of utmost importance that you must first understand you own risk appetite and profile. You may want to talk to a professional and competent financial planner in this respect.

The old saying of “caveat emptor” (buyer beware) is a good description for this, even if just figuratively. The point to note is that in personal financial planning (and especially in the area of investment) it is wise not to get involved in anything that one has no clear and thorough understanding of. In fact, the financial planning retirement seminar is the avenue for you to better understand the type of financial instruments and investments that will help you retire comfortably. It is definitely not the place for you to lose your “sweat and blood” funds that are meant for your retirement. There is really no need to feel that you have to agree with everything the speaker says. Do remember that some speakers do have commercial objectives to be speaking at such seminars.

Ready to attend the seminar? Before that, start by asking yourself some questions on what you are trying to achieve. The questions can be along the line of ” how much should I save for retirement?”, “what kind of lifestyle do I want during retirement?”. These questions may seem basic, but they are important. They will help shape your expectations of what the retirement seminar can do for you.

For example, most financial planners will recommend that you will live on 60% – 80% of your present income. Whilst there are various reasons for this financial planning “rule of the thumb”, only you will know what you want. Nobody, except yourself, should decide. The fact remains, however, that you must be in a position to decide. In order to do that, you must have a personal financial plan in the first place. Hopefully, attending a financial planning retirement seminar will either start that plan or enhance your present one. This is all part of good personal financial planning.

Career Prospects With Certificate Courses In Finance

Career in the end-all of education and most professionals do not have the opportunity to follow the same order. However, if you are already a professional looking forward to enhance your success and opportunities, you could opt for any of the full-time finance courses or choose from part-time certificate courses in finance.

Why finance courses?

Finance is the back-bone of any business and every organization big or small needs finance professionals to ensure that they run smoothly. Finance is the key to business growth and the person that has the best credentials gets the meaty opportunity. Finance courses help you to understand the nuances and the workings of a finance department in a holistic manner thus helping you to choose the right area of expertise or interest.

Finance is one of the top choices for most b-school aspirants today and with demand going up, the opportunities galore also looms large. If you can choose right and get an international certification in finance, you will be beating the crowd hands down.

Prospects

A person who has completed a finance course or a certificate course in finance can look forward to beginning his/her career as an accountant or a trainee. The opportunities available today are mostly in accounting firms, market research, budgeting firms, big corporations and consultancies both government as well as private.

The prospects are not limited to the corporate arena. Finance professionals with credentials and experience are also highly sought after in education as well as in the freelance arena. They can get good opportunities as lecturers or performing assignment based jobs. Prospects in finance are not limited to India, many finance professionals have also emigrated to the west with highly successful careers.
The following could be a few job titles that you can look forward to, once your complete any of the certification courses in finance

Accountant
Chartered Management Accountant
Certified Public Accountant
Chief Financial Officer
Directors (Finance)
Financial Controllers
Finance Managers
Financial Advisors
Head – Accounts
Independent Worker

Of course, what you and up with will depend upon the level of certification and year of hard work you have put into the profession.

How much could you get paid?

Finance is a highly rewarding career and the remunerations are substantial. Although the levels vary according to the experience, you can expect to begin with a salary of INR 120,000 to 150,000 per annum initially.A five year experience can take you to the 360,000 to 420,000 bracket if you work hard and learn. Salary is never the constraint for the right candidate in this field and you can expect bigger bonuses as you grow.

Some of the best finance courses are offered by WLCI [WLC College India Limited] and they come with UK certification [optional]. So, this is the right opportunity to get your credentials right. You can, today opt for an international certification in finance from the comfort of your home or office. Opt for any of their certification courses in finance and get ahead in life.

Short Term Courses In Finance A Sure Shot Way To Success

In this rapidly changing world, the need for an effective and efficient course of study has become very important. Finance is often confused with economics, but finance stands totally aloof of economics.Economics is the study of demand and supply of goods and services, finance deals with allocation of assets and capital of a company or its investors. Finance also includes managing of risks and time value of money which ensures a good return on the investment made. There are mainly two verticals attached with finance which are the most important aspects that a financial expert should inherit. The two verticals are mainly economics and finance. Finance has a very broad concept, even a little but good understanding of it can give you employment and earn you a great livelihood.
Many short term finance courses are available in the business institutions of the country. Through these finance courses you can get an opportunity of employment very easily and quickly. You can excel in it depending upon the level of intelligence, communication skills, risk taking and calibre you possess. A financial expert needs to be updated every now and then with the latest news and other risk involving factors as this can directly affect the risk involved in an investment. People interested in the finance sector should watch news on the television and read the newspaper very carefully so that they can analyse the various factors which can affect the investment plan.
There are a great number of finance courses in India available at the undergraduate and the post graduate level which can be completed in a short period of time. These courses can be done on a full time basis or part time basis as well. Many institutions which offer courses like MBA also offer short term courses in finance. These courses includes courses like Certified Financial Planner(CFP), certified financial analyst(CFA),post graduate course in financial valuation (PGCFV), post graduate course in financial research(PGCFR), etc.
The course of certified financial planner can be done on both part time and full time basis. CFP is the highest qualification which can be achieved by a financial planner in the whole world. Thefirst preference of leading Indian and foreign companies is a CFP qualified person. Post graduate course in financial valuation is a course of six to twelve month duration. It is a full time classroom program. It also includes lectures by professional experts to provide a better exposure to their students. It covers the most important topics of finance like finance valuation, financial research and data analysis, reporting of finance and strategic planning. Post graduate course in financial research includes topics like financial research,commodity and equity,investment banking, private equity and credit valuation. You can choose among the various available courses according to your interests and desire.
Short term financial courses help a person to get a job opportunity very quickly and within a few months it transforms a person into a financial expert. Fee structure of the course is variable according to different institutions.

Historical Overview Of Chinese Financial Sector

Prior to 1949, the financial system of China was very well developed. The earliest form of capitalism can be seen at the times of the late Ming Dynasty (17th century), when commerce was initiated in the Zhejiang-Jiangsu area and further developed during the Qing Dynasty (17th century to early 20th century). Late Qing China had a highly commercialized society with detailed regulations of guilds (merchant coalitions), where the key role was played by family traditions and customs. In Section IV below, it will be shown that modern equivalents of these mechanisms were behind the success of Hybrid Sector firms in the same areas in the 1980s and 1990s.

The development of China”‘””s financial system from the late nineteenth century to the early twentieth century was highlighted by the emergence of Shanghai as the financial center of China and Asia. During this period, Shanghai transformed from an agricultural-based trading hub for surrounding areas into an industrialized center linked to international goods and financial markets. With thriving entrepreneurial and trading activities, various financial institutions were given life. For example, five of China”‘””s first modern banks were founded between 1897 and 1908; and by 1936, there were 28 major foreign banks that had set up branches in Shanghai.

After the foundation of the People”‘””s Republic of China in 1949, all of the pre-1949 capitalist companies and institutions were nationalized. Between 1950 and 1978, China”‘””s financial system consisted of a single bank the People”‘””s Bank of China (PBOC), a central government owned and controlled bank under the Ministry of Finance, which served as both the central bank and a commercial bank, controlling about 93% of the total financial assets of the country and handling almost all financial transactions. With its main role to finance the physical production plans, PBOC used both a cash-plan”‘ and a credit-plan”‘ to control the cash flows in consumer markets and transfer flows from branches of the bank.

The first main structural change began in 1978 and ended in 1984. By the end of 1979, the PBOC departed the Ministry and became a separate entity, while three state-owned banks took over some of its commercial banking businesses: The Bank of China (BOC) was given the mandate to specialize in transactions related to foreign trade and investment; the People”‘””s Construction Bank of China (PCBC), originally formed in 1954, was set up to handle transactions related to fixed investment (in manufacturing); the Agriculture Bank of China (ABC) was set up (in 1979) to deal with all banking business in rural areas; and, the PBOC was formally established as China”‘””s central bank and a two-tier banking system was formed. Finally, the fourth state-owned commercial bank, the Industrial and Commercial Bank of China (ICBC) was formed in 1984, and took over the rest of the commercial transactions of the PBOC.

For most of the 1980s, the development of the financial system can be characterized by the fast growth of financial intermediaries outside of the Big Four”‘ state-owned banks mentioned above. For example, regional banks (partially owned by local governments) were formed in the Special Economic Zones in the coastal areas; in rural sectors, a network of Rural Credit Cooperatives (RCCs; similar to credit unions in the U.S.) was setup under the supervision of the ABC, while Urban Credit Cooperatives (UCCs), counterparts of the RCCs in the urban areas, were also set up. Non-bank financial intermediaries, such as the Trust and Investment Corporations (TICs; operating in selected banking services and non-banking services with restrictions on both the sources of deposits and loans made), emerged and proliferated in this period.

In 1985, the government legalized the status of foreign banks”‘”” branches and their operations in the Zones. The financial reforms slowed down during 1988-1991 to control inflation, during which considerable (government-run) consolidation took place. For instance, many TICs were merged and were increasingly regulated by the PBOC.

In 1992, the famous Southern Tour”‘ by then Chinese leader Deng Xiaoping marked the beginning of another economic boom. In the financial system, this period witnessed a sharp increase in foreign direct investment (FDI), a deregulation of the banking sector characterized by the emergence of many new state/local government owned commercial banks, and the re-emergence of Shanghai as the financial center of China.

In 1994, three policy banks”‘ were established to take over policy”‘ related lending in underdeveloped areas, export and import, and rural areas, while the four largest state-owned banks further developed into regular commercial banks, with profit maximization becoming an increasingly more important goal. Along with the growth of banks and financial intermediaries, inter-bank lending (1994) and bond (1997) markets were established, and the bank debit/credit cards market expanded rapidly. During the same period, the central bank (PBOC) increasingly used interest rates and reserves to manage the liquidity of the banking sector. For example, the PBOC sets lower and upper bounds on deposits and loans, while commercial banks can decide the actual rates within the bounds. The inter-bank lending rates were converted toward a uniform system in 1996.

The most significant event for China”‘””s financial system in the 1990s was the inception and growth of China”‘””s stock market. Two domestic stock exchanges, the Shanghai Stock Exchange (SHSE) and the Shenzhen Stock Exchange (SZSE), were established in 1990, and have experienced remarkable growth since then.

Following the Asian Financial Crisis in 1997, financial sector reform has focused on state-owned banks and especially the problem of nonperforming loans (NPLs). Finally, China”‘””s entry into the WTO in December 2001 marked the beginning of a new era. Since the eventual opening of the capital account and adopting a floating exchange rate are required by the WTO, one should expect to see increasing competition from foreign financial institutions and frequent and large scale capital flows. Perhaps we can even some witness dramatic changes and intriguing events within China”‘””s financial system shortly after December 2006 (the end of the five-year transition period after joining the WTO).

Commercial Truck Finance Easy Finance For Commercial Vehicle

Commercial vehicles are a great support system and are a life line of a business. Any business just can not do without it as it facilitates the transportation of produced goods so to a great extent it is an important part of a business. Trucks, buses and vans used for business purpose are termed as commercial vehicles. They are the lifeline of a business but their substantial prices might not allow you to own them. Surmounting financial difficulties becomes much easier if you have a strong financial support. Thus to let your easily own a commercial vehicle for business needs commercial truck finance is offered in the market. This loan enables you to overcome all financial barriers to fulfill your needs.

Through this financing option you can buy any type of commercial vehicle conveniently. One can own food trucks, lunch wagons which will facilitate easy transportation of food items. The truck can facilitate you in your construction business, mini trucks and many more. In mobile business, commercial recreational vehicles that can be modified into saloons, classrooms etc are also important. They effectively cater to unique requirements of business but you might not necessarily get approval for it.

One can grab these loans in secured and unsecured form. For secured loans you must place any of your valuable assets as security. In this case generally the vehicle itself acts as collateral and by doing so you can raise a huge loan amount easily. The loan amount will vary from 60-80% of the value of your truck and will not go higher than that. The rate of interest offered is low.

On the contrary, if you dont wish to risk your asset then unsecured loan option would be a feasible one. In the absence of security you will be bale to raise a smaller loan amount at slightly higher rates of interest. The finances through unsecured loan can be used to buy an old or less costly vehicle. In case of old vehicle, the truck that you intend to borrow should not be older than 5 years.

The term of repayment of commercial truck finance varies from 5-7 years. You can schedule the installments suiting your repaying ability and strength.

If you are looking for a profitable deal with flexible terms then online is the best place to search for it. You can apply by filling a simple form and without facing hassles. There are many lenders available and a through market research can definitely fetch you a good deal.