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Bellmore Group Management Services, Tokyo Japan on Securities Investment

Financial Consulting and Research in all areas of Investing

The growing intricacy of the present market makes dealing with an experienced, capable investment advisor more essential than ever. From securities and financial banking services to real estate investments, oil and gas products, mutual funds, insurance and college savings plans, our wide-ranging variety of investment services and extensive access to investment markets are intended to assist you achieve your investing objectives.

Through innovative technology, access to impartial third-party research and non-proprietary financial products, your advisor will develop a special investment package suited to your short-term and long-term investment objectives. Because our representatives are autonomous, there are no favored products to sell, allowing them freedom to look for services and products that genuinely supply your needs.

The stock market provides a means for entrepreneurs to obtain capital for their business ventures from money coming from investments. When you buy stock you actually own part of a company. In exchange for buying stock in a firm, the investor becomes part-owner of the firm and derives a return on investment in proportion to the amount of shares purchased. Traditionally, they have had better returns than bonds and other investments but often possess a greater amount of risk. Stocks can be a vital part of your general portfolio.


Akaho Kitamura dec 13 16, 03:22
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3 ways to invest like Warren Buffett

A cottage industry of asset managers, financial advisors and investment can give you their takes on how to be just like Warren Buffett.

You can skip the circus of wannabes and hear from the Oracle of Omaha directly in his annual letter to Berkshire Hathaway a shareholder, which was published Saturday.

In his most recent letter, Buffett praised the virtues of index funds, railed against the steep fees hedge fund managers charge and said "investors who avoid high and unnecessary costs and simply sit for an extended period with a collection of large, conservatively-financed American businesses will almost certainly do well."

You don't have to be a stock-picking whiz to benefit from his success. Buffett has already detailed three ways to emulate him in your retirement portfolio.

The two-fund portfolio

Buffett outlined an investing strategy for ordinary investors in his 2013 annual shareholder letter:

My advice to the trustee could not be more simple: Put 10% of the cash in short-term government bonds and 90% in a very low-cost S&P 500 index fund. (I suggest Vanguard's.) I believe the trust's long-term results from this policy will be superior to those attained by most investors – whether pension funds, institutions or individuals – who employ high-fee managers.

You can buy U.S. Treasurys directly or invest in a low-cost government bond fund. (Vanguard's short-term government bond index fund charges 0.16 percent annually with a $3,000 minimum investment, or 0.07 percent for the exchange-traded fund version.)

Vanguard offers several S&P funds: a traditional mutual fund that charges 0.16 percent annually with a $3,000 minimum investment or one with a $10,000 minimum and a 0.05 percent annual fee.

You can also buy a Vanguard 500 ETF that has an expense ratio of 0.05 percent. If you want a rock-bottom price, iShares Core S&P 500 ETF charges 0.04 percent. With ETFs, and unlike with mutual funds, you may have to pay commissions when you trade them.

"Warren Buffett's investment strategy is a good one for investors and signals that he doesn't believe that most people, including professionals, can beat the market long-term, so just be the market and buy low-cost index funds," said Stephanie Genkin, a certified financial planner in Brooklyn.

Buffett put his money where his mouth is when it comes to indexing. He bet $1 million for charity that the Vanguard 500 Index Fund Admiral Shares would beat a basket of five hedge funds selected by Protégé Partners, a New York City asset management firm over 10 years starting in 2008.

The index fund has tripled the performance of the combined returns of five unnamed hedge funds as of the end of 2015. A likely Buffett victory will benefit Girls Inc. of Omaha while Protégé is playing for Ark, an international youth education charity based in the U.K.

Berkshire Hathaway stock

You can share in gains of one of the world's greatest capital allocators by owning stock in Berkshire Hathaway directly.

Buffett's holding company has beaten the total return of the S&P 500 over the past 10 years with an annualized return of 9.1 percent, compared to 7.3 percent for the index.

Berkshire stock has two share classes. The primary difference between the share classes is the price. Class A stock recently cost more than $255,000 per share while Class B is 1/1,500 of that sum, recently at $170 per share.

You can convert Class A stock into Baby Berkshire shares, but not the other way around. Class B shares, launched in 1996, also have slightly less voting rights.

Beyond the lower price, the big advantage of the Class B shares for investors is that they can give them to people without triggering the gift tax, which kicks in for gifts above $14,000 each year.

With any investment pool, the larger you get, the harder it is to produce outstanding results. Berkshire Hathaway is no different and Buffett addressed this issue in his shareholder letter:

As for Berkshire, our size precludes a brilliant result: Prospective returns fall as assets increase. Nonetheless, Berkshire's collection of good businesses, along with the company's impregnable financial strength and owner-oriented culture, should deliver decent results. We won't be satisfied with less.

The Warren Buffett way

For the adventurous (or foolish), you can try your hand at investing in stocks like the master of value investing himself.

You don't have to go it alone. Plenty of stock screeners, such as those from the American Association of Individual Investors, Morningstar and ValueWalk, strive to identify stocks of companies with positive free cash flows, good returns on capital and strong competitive advantages (what Buffett calls "moats" as in a castle with a moat). Automated investing service Motif lets you buy a basket of Buffett-like stocks for less than $10 per trade.

To be sure, it is extremely difficult to generate a record anything close to what Buffett has done just by stock-picking. Public companies represent only a part of Berkshire Hathaway's portfolio holdings, while the rest come from private deals ordinary investors can't access.

Where most investors lose their way in following in Buffett's legendary footsteps is consistency. Even Buffett stumbles from time to time.

"The problem that most people would have investing like Buffett is the time frame. Many of his investments can take years to pan out, and the average investor doesn't have that sort of patience," said George Gagliardi, a CFP and founder of Coromandel Wealth Management in Lexington, Massachusetts.

"Remember the derogatory comments about Buffett during the Internet stock boom years? He went from a pariah in 1998 to a genius in 2003," Gagliardi said.

The key to Buffett's stock-picking success has been his ability to buy when others are fearful.

"Many companies, of course, will fall behind, and some will fail. Winnowing of that sort is a product of market dynamism. Moreover, the years ahead will occasionally deliver major market declines – even panics – that will affect virtually all stocks. No one can tell you when these traumas will occur – not me, not Charlie [Munger], not economists, not the media," Buffett writes in his 2016 letter.

"During such scary periods, you should never forget two things: First, widespread fear is your friend as an investor, because it serves up bargain purchases. Second, personal fear is your enemy."


Akaho Kitamura aug 9, 04:41
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Evaluating Your Investment Returns

According to David Fabian, “A vital part of Investment success depends upon one’s ability to compare historical returns with an index or benchmark.

Doing so will let you measure if your approach meets the performance expectations or evaluate the efficiency of somebody else’s recommendation prior to hiring them. Although is may be very common in the entire industry, many investors still make knee-jerk conclusions based on unreliable or biased information.

Two primary conditions that must be satisfied when determining the viability of any investment approach are discussed below:

A proper standard of evaluation

We now lay down the reasons why these concepts are essential to your decision process.

Let us talk about time.

In reality, time is a commodity that has lost its overarching value in the fast-evolving dynamics of our daily existence. People so often fall prey to the temptation of immediate gratification provided by modern technology that they totally overlook how much time is required to accumulate wealth through the process of compounding.

For instance, if you start saving and investing starting at your mid-20’s and then you retire in your mid-60’s; it would have taken you 40 years to accumulate your wealth. But it does not end there. You need to sustain your wealth’s security for another 20 years through managing and conserving your investable assets. The growth period alone will take 480 months or 40 years, while the distribution or income period could last for 240 months or 20 years more. You need enough patience to see it through.

You cannot simply compare returns over very short time-durations. That is why you can hear people cry: My portfolio has been stagnant in four months! I’m below the benchmark on a 6-month rack record! Alas, my portfolio is 250 basis points lagging from the S&P 500 this year – I am done for!

The truth is that even the most efficient investment method will suffer some setbacks through underperformance. It may take some months or even last for a couple of years or more at a time. The best step to take during such doubt-filled or self-pitying moments is to recall why you chose this strategy in the first place.

Is your investment strategy still consistent with your risk tolerance level?

Could there be an intervening and temporary factor that is causing the adverse conditions?

Can you do something to manage this factor in order to enhance your long-term returns?

Have you really considered the risks of shifting to another approach in mid-stream?

Experts would advise that you analyze the performance of any investment method over a period of 3 to 5 years, enough time to determine the strengths and weaknesses over several conditions of the markets (bear, bull, transitional, and others).

The bond or stock markets can proceed for a few years along a particular direction. While that may favor some investors, it can also hurt others. Not that either side is bad investing; it all has to do with each group being exposed to different risks.

Creating and protecting your wealth is not a 100-meter dash -- a short-distance race, so to speak. Rather, it is a marathon -- a sustained race where risk conditions must be considered at close-range and behavioral principles applied with accuracy. Great patience is, therefore, of utmost

. There are no short-cuts in this industry.

A Suitable Benchmark

A common pitfall among investors is the tendency to compare apples and oranges.

A prime example is that of a company whose primary approach is to have a mix of bonds and stocks allocated through ETFs that are adjusted according to meticulously-developed strategies. As such, it has a total of 20 to 40% stocks and 50 to 70% bonds in the Strategic Income Portfolio at any particular period.

However, the most common feedback the company derives when evaluating performance is how its portfolio stacks up against the S&P 500 Index. It seems that people are programmed to think that the S&P is the singular reliable benchmark available, such that it has become the darling standard of many index lovers throughout the world.

Obviously, there is no basic logic to comparing the returns of a 100% stock portfolio (the S&P 500) versus a multi-asset portfolio that contains less than 50% exposure in stocks. A better and more suitable benchmark for such a type of investing method would be the 40/60 allocation in the iShares Core Moderate Allocation ETF (AOM). That is where the data will exhibit a clearer picture of actual performance.

In a similar manner, comparing the 0 to 60 mph rate of starting acceleration of a Porsche in a few seconds to that of a Suburban would not make sense either, would it? Although that is an accepted truth, in general, only a few investors consistently apply that universal principle in their investment practices.

It is vital to appreciate that fundamental concept in the process of accurately measuring risks or comparing similar approaches.

Never compare investing in bonds and stocks to the revenues of a CD or a money market account.

Never relate a portfolio of technology stocks to closed-end funds.

And never compare hedge-fund revenues to that of a bunch of ETFs.

We can continue down the line. . . .

Perhaps, the most difficult hurdle to making this logical conclusion is the fact that most investors do not know the suitable benchmark for comparison objectives or where to locate them. They merely gravitate to the S&P 500, the NASDAQ Composite or the Dow Jones Industrial Average because they see them flashed on the news or on the web daily.

In the end, every particular asset type or investment instrument should be weighed or evaluated by a similar group of equals. ETFs have made that process less difficult for many years now; however, you must always undertake the task of finding an appropriate index to serve as a benchmark. Ask a professional analyst how and where to find a good benchmark as a reliable yardstick.

The Ultimate Goal

Investing involves a lot of psychology and comprehension of the relationship of certain facts and information. This article hopes to develop a new perspective not considered previously or to strengthen an existing point-of-view. It is hoped that either way, the reader will attain a more reliable and more solid frame of reference for evaluating a portfolio’s performance in the future.


Akaho Kitamura jul 3, 11:18
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How to Secure Your Savings (Part 1)

How to Secure Your Savings (Part 1)

The collapse of Northern Rock, Bradford & Bingley, and Icelandic banks caused a lot of panic several years back, leading people to wonder whether their savings are safe at all. What steps can we take to secure our savings from such a terrifying and real threat?

We will provide a detailed safety checklist as well as what safeguards you can apply in case of averse economic scenarios.

The essential facts you need to know

At least 6 facts will let you prepare for worst-case scenarios, namely:

* Increased protection limit. At present, your savings now gets £85,000 protection based on UK-regulated financial institution instead of the former £75,000 only

Every UK-regulated savings and current account as well as cash ISAs in banks, credit unions and building societies are protected by the Financial Services Compensation Scheme (FSCS).

From £75,000, the cover was raised to £85,000 on 30 January 2017 after the pound's post-Brexit fall led to a review by the Bank of England. However, the amount of £85,000 is not given for each account but for each financial institution. Hence, if the bank runs, you receive £85,000 for each person, for each financial institution. Most savers will get the amount within seven days.

* You get a temporary £1-million-protection after 'life events'

Based on rules established in July 2015, savings of up to £1m may be protected for a six-month period in case your bank fails.

The increase will cover such life events as selling your home (but not when you buy-to-let or a second home), redundancy, inheritances, and insurance or compensation payouts that could result to you holding a temporarily-high savings amount.

The additional protection will apply starting from the day on which the money is transferred into the account, or the day on which the depositor becomes eligible to have the amount, whichever comes later. You have to provide documents to show where the funds came from in case you file a claim for the amount. It might take at most 3 months for any release of cash above £85,000.

This development is beneficial as it provides the saver time to prepare on how to utilize the money. Moreover, you can maximise savings by adding more money into higher interest-paying accounts instead of the usual lower-paying accounts.

* Not every UK savings account is UK-regulated

Majority of banks, also foreign-owned ones such as Spain's Santander, are regulated by the UK government. But certain EU-owned banks prefer to use the 'passport scheme' where protection only comes from their HOME government. Examples are Fidor, RCI Bank and others.

Joint accounts count as doubly protected

Since cash in joint accounts are considered as half each, it gets a £170,000 protection.

If you also have a personal account with the same bank, half of your joint savings stands as your total exposure; hence, and any additional amount above £85,000 is not protected.

An institution is a distinct entity from a bank

Remember, the protection is for every institution, not for every individual account. Therefore, having 4 accounts with a single bank only entitles you to only £85,000. The meaning of the word 'institution' depends on a particular bank's license and huge banking conglomerates complicate the meaning.

For instance, Halifax and Bank of Scotland are sister-banks and their accounts are covered for only £85,000, for one institution. RBS and NatWest, also sister-banks, however, have separate limits.

Distribute your savings to protect them

To achieve fail-proof safety, save at the most £83,000 in every institution (which gives you a safety allowance of £2,000 for interest growth). Doing so will spread your money in perfect safety even if you stay below the £85,000 mark; hence, in case your bank fails, your money will not be inaccessible for a certain period. Having two accounts will reduce such a risk.

What the FSCS protects

The Financial Services Compensation Scheme (FSCS) only covers organisations under the auspices of the Financial Conduct Authority (FCA). This led to the tragic failure of the Christmas savings scheme Farepak, which had no protection at all. Thus, when the scheme went caput, all the money disappeared.

The primary types of protected savings include the following:

* Bank and building society accounts

FSCS covers all UK bank, credit unions, or building society current and savings accounts; and it also partially covers small business accounts.

Some forms of protected equity bonds, which are 'deposit accounts' whose interest growth relies on the stock market's performance, may likewise qualify for 'savings' protection.

* Any savings within a SIPP pension

For those who have a self-invested personal pension scheme and saved cash money there (in contrast to investment funds), FSCS provides complete protection for their money, separate from any other investment protection.

SIPP service-providers will help you determine the banks holding your money; hence, you can find out if it is linked to others you where you also have savings.

Any cash ISA (includes Help to Buy ISAs)

These refer to simple tax-free savings accounts, provided with FSCS protection like other savings accounts. Among those under this coverage is the cash ISA's forerunner, the Tessa-Only ISA (Toisa). Moreover, the ISA money does not lose its tax-free status in case the institution holding it fails.

Ask yourself these questions: Do I have protection for my investment in a company? Does my insurance have protection in case the company fails?

How protection works

FSCS covers all UK-regulated deposits – including money saved and accrued interests – that you have put into a bank or a building society savings instrument.

An independent government-sponsored fund regulated by the FCA, FSCS protects some of your money in the event of a bank collapse, although you will lose temporarily any access to your money during the period of compensation.

As long as the bank is UK-regulated, the following rule applies to all, whether children or adults, or wherever they may reside, as stipulated thus:

100% of the first £85,000 in your savings, for each financial institution, is covered.

You may ask: What is considered an institution and what is a UK-regulated institution? And other issues to consider, such as the following:

* A joint account has a limit that is doubled

* Rates were different prior to February 2017

* Savings are not considered along with debts

* Interests are part of the threshold

* Compensation will take time for release

* Offshore accounts are not often protected


Akaho Kitamura jul 10, 05:16
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Stocks of Bellmore Group Management Services, Tokyo Japan

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Investing in stocks to help you achieve your financial objectives

In terms of stock investing, understanding your financial objective is critical. That, together with your investment time targets and your risk capacity when investing in stocks, will aid you in determining how your stock investments should perform with the rest of your financial portfolio.

When to consider investing in stocks

Stock investing can 

 by allowing you to attain growth, profit from dividends or achieve both. Nevertheless, the worth of any stock you buy in can vary, and when you sell your stock, may be more or less than what you paid at the start. When choosing stocks to buy in, you should cautiously reflect on the risks of investing in stock and design an assorted asset allocation strategy that suits your objectives, investment time target and risk capacity.

Diversifying your stocks

Having a varied stock portfolio helps to offset the risk your investments are subjected to. The objective is to widen the range of your stock investments among various sectors and incorporate various investment characteristics so that when a certain stock or sector does poorly, the performance of your stocks in other sectors may aid in offsetting the changes in the overall worth of your stock portfolio.

Some basic guidelines you can utilize when selecting a variety of stocks for your portfolio are:

  • Invest in about 20 to 30 stocks in a minimum of six to eight sectors with various investment characteristics.
    • Limit to only 25% of the overall worth of your stock portfolio should be in any particular sector.
    • Limit to 15% of the overall worth of your stock portfolio should be in any particular stock.
    • You need to invest at least about 3% to 4% of the overall worth of your stock portfolio in every stock.
    • Your investment counselor can assist you in designing a mixed financial plan that fits your circumstances and your financial objectives.

Akaho Kitamura dec 19 16, 03:49
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Services Offered of Bellmore Group Management Services, Tokyo Japan

 Benefits of Bellmore Group

Bellmore Group’s long-term accomplishment is founded on our custom-fitted set of solutions for every particular client. The solution to each financial challenge is the product of a sound, well-ordered process.

Brokerage

The asset management capability of Bellmore Group has been developed over many years. Our financial approaches combine convention and creativity. Refined methods with a long-term perspective and a traditional color focus on stability and control. Most of all, we aim to deliver the requirements of our clients.

What do we provide?

  1. Reasonable and dependable indication of markets, securities and other investments.

We stand firmly on the platform of reliability & market awareness.

  1. Advanced Investment Opportunities.

We chart our investments through meticulous planning, market scrutiny and investment indicators.

Bellmore Group is an autonomous brokerage and investment banking company that offers an assortment of financial services and products.

Our financial methods combine convention and creativity. Refined strategies with a long-term perspective and a traditional slant focus on stability and order.

We involve a member of your own personal and professional group. We work closely with your attorney, accountant, and personal counselors and mentors.

Bellmore Group is an autonomous brokerage and investment banking company that offers an assortment of financial services and products.


Akaho Kitamura dec 7 16, 04:03
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Effective growth investing lessons from master investors

How do you achieve sustainable growth in investing? One needs to choose those leading companies that are prepared to provide strong, consistent and long-term increases in profits and revenue. These are the firms that reward their shareholders with above-average market returns.

Apply these tips coming from some of the most experienced investing leaders. See how you, too, can discover the latest winning growth stocks and, thereby, make a fortune for yourself.

1. Go for Quality

The best investment choices are often the best businesses you can find. David Gardner, popular investor and co-founder of Motley Fool says, "I look for the excellent, buy the excellent and add to the excellent in time. However, what I sell is the mediocre. That is my investment style."

Quality companies possess the most powerful competitive edge, the widest market potentials and a top-of-the-line management. They know how to be creative, trend-setting and pioneering. Most of all, they can build wealth for their shareholders and lead others to achieve their dreams.

2 & 3. Jump in as early as you can; and grab that basement-price offer

You can maximize your profit by investing early in a great business as more investors join in the harvest. Wealth abounds for those who practice this principle – especially for the 10- and also the 100-baggers – bringing on life-changing gains.

Nevertheless, many investors frequently hesitate to enter into the early-stage surge of best growth company stocks because they appear pricey, only to regret having missed the opportunity to gain in the end. While buying stocks in these quality businesses at high prices is an option, we can decide to go ahead and pay the premium for a quality acquisition. Setting your targets too low or just a notch or two below the optimum level might cause you to lose the opportunity to hit a multi-bagger.

4. Invest on a long-term duration

Warren Buffett puts it this way: "My favorite holding period is forever." CEO and master investor, Tom Gardner, in fact, has established at Motley Fool at least a five-year holding time rule in an Everlasting Portfolio since he adheres to the effectiveness of holding stock on a long-term basis. In David Gardner’s words, as a prime mover of one of the most efficient high-growth investment-consultancy services in the world, the heart of this investment approach consists of “two keys. . ., stock by stock: In before the big majority of people, and out after the big majority of people”.

Aiming to buy stocks in businesses and holding on to them for years or even decades allows the power of tax-deferred compounded returns to our advantage.

5. Those who win keep on winning

Tom and David Gardner reveal another winning advice: Invest in businesses and management groups with unequalled track record of success. In their tweeted message, they say:

“Our take on that famous disclaimer: ‘Past performance’ may turn out to be the single *best* determinant of future results we have can.”

Although it is not guaranteed, winning can be made into a habit. The force of momentum and the trusted experience developed in past successes tend to favor those who continue to face investment risks. And we do not refer to foolhardy risk-taking based on pride, but well-informed, facts-based choices born out of positive and strategic projections of a fruitful future.

6. Let your portfolio speak your best to the world

David Gardner once gave this valuable advice: "Determine where the world is headed; and as soon as you can, get there." Your portfolio speaks of your aspirations, interests, specialization and profession – that is where your advantage lies. Above all, your portfolio runs parallel to the trajectory of your vision of the future—and with a more positive view, the clearer the vision is.

7. Do not give up the fight

Growth investing can be frustrating at times; there will be moments when you harbor doubts and want to give up. Certain inexplicable short-term fluctuations and extreme bear market dips may wreak havoc on top-quality yet usually high-priced growth stocks, taking a toll on your emotions. Ultimately, the only path to success is to remain steadfast throughout any undesirable turn of event.

“The short-term will not teach an investor to learn enough – usually in a significant way -- to be so successful in the long-term,” according to Tom Gardner.

Be assured with the knowledge that everything will pass and, thus, you must expect the big-league companies to come out victorious after the dust clears up, remaining stable while the rest of the bunch lose their market share. With that in mind, consider such sell-offs as potential moments for strengthening your positions at even higher prices and enhancing your long-term returns.


Akaho Kitamura may 10, 13:19
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How to Secure Your Savings (Part 2)

What does 'financial institution' exactly refer to?

There is no cut-and-dry answer. For many years, banks have been absorbed by others or merged with other banks, making the definition hard to delineate. It all depends on the technical nature of the company's personality as it is registered at the FCA.

Some difficulties, therefore, arise – for instance:

If you save money in the Bank of Scotland, Halifax and BM Savings, which belong to one group, the covered amount is also considered as one. Hence, you get only £85,000.

If you save money in the Royal Bank of Scotland, Ulster and NatWest, which all belong to the giant RBS conglomerate; you get £85,000 protection for every one of three banks where you have put money.

Which banks are linked?

You may visit websites to help you find out if your bank shares its savings protection.

Or you may check the FCA registration number on your bank's website. If the institution is not among those listed, it does not necessarily mean it has no protected. Their last complete update of list was on April 2017.

What about bank takeovers?

In the even that your bank has been taken over, the actual protection on your money can depend on the date you opened your savings account. A merger-by-merger guide is given below:

* Santander (Alliance & Leicester and Bradford & Bingley)

* Lloyds Banking Group, Halifax and TSB

* Barclays and ING Direct

* Virgin Money and Northern Rock

* AA Savings and Bank of Ireland UK

* Marfin Laiki Bank and Bank of Cyprus UK

What happens when my building society has merged with another?

As a result of a financial crisis in the past, several building society takeovers flooded the news. At the start of such an occurrence, the Government acted to cover savings in two different building societies that merged; however, that applied only until December 2010.

Hence, if you have savings in several of the institutions listed under the groups listed below, you only stand to receive £85,000 cover within that group:

* Co-operative Bank and Britannia

* Yorkshire, Chelsea, Barnsley, Norwich & Peterborough building societies, plus Egg

* Nottingham and Shepshed building societies, trading as Nottingham BS

Nationwide previously shared its protection with Derbyshire, Cheshire, and Dunfermline Building Societies, but all products under the three minor building societies are now branded as Nationwide. This also goes for Coventry BS and Stroud & Swindon BS – all previous accounts with S&S are now branded as Coventry.

What of foreign-bank savings?

Numerous banks originating from overseas operate in Britain, such as Santander, Yorkshire Bank and ICICI. Unless they are not technically “offshore” accounts, the parent bank does not matter.

If the bank is UK-regulated, you will receive the same £85,000 coverage for every individual. However, there is a grayish area:

In the event that a bank falls into difficulties, a bailout might cover your savings,

(although there is no full guarantee to that effect). This happened not only to UK-owned Northern Rock and Bradford & Bingley, but also to Iceland-owned (but UK-regulated) Kaupthing Edge.

As much as possible, limit your savings under the £85,000 limit, since the protection is a goal but not a guaranteed promise in case of a bank run. Nevertheless, this is specifically applicable to non-European banks, as this has not been proven in reality so far (and we are hoping it will never happen!).

Not all European banks are UK protected

A bank could be operating in the UK with the FCA's complete approval; but the FSCS may not provide protection for the money you put into them. Be more careful then about European-owned banks than those owned by overseas companies.

The reason behind this caveat is that banks from the European Economic Area may choose to have a protection that is slightly variant, referred to as the 'passport' scheme, meaning you would have to claim compensation for your money from the compensation program in the bank's originating country.

Overseas banks are not allowed to do this in Europe; hence, they have to provide complete UK compensation if they operate in UK.

Remember, if you save with one of those banks owned by overseas companies, the safety of your savings will depend on the foreign nation’s stability and solvency or their authorized financial regulator.

Certainly, there are some countries that have greater financially stability than the UK; however, you will then rely on a government upon which you do not have complete trust to protect your savings.

But on the bright side, beginning in 2010, every European nation has been required to set a compensation cap of €100,000 (which is equivalent to £85,000 in UK, which does not use the euro).

In case you have savings in a European bank that is presently protected by the FSCS at the maximum limit and it converts to the 'passport' scheme, the bank should inform you of the change.

Finally, a European bank may also operate in the UK while applying its own home-compensation program that may be below the UK limit, giving you protection only for that lower amount. Under this arrangement, the overseas bank will not be FCA-regulated but remains regulated by its government's own protection program.

Nevertheless, accounts with these banks sometimes provide higher rates compared to UK-protected banks.

Remember then that dealing with non-UK regulated banks may result in difficulty of getting back your money in the event of a bank failure.


Akaho Kitamura jul 17, 03:53
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Financial Planning for Novices: How to Begin

Inclement weather has the surprising advantage of giving us time to spend quality time indoors and deal with our finances. Even the most innocent questions from a nervous friend, if she is doing the right thing or not or where to check her credit score eventually, turned into the issue of what to do next.

Everyone going through the “growing-up blues” needs the assurance that the things she was doing and bringing her anxiety made her a better person every step of the way.

The key is finding out how to begin effective financial planning. Here are some helpful steps to follow:

Do not be anxious

Although you might not end up choosing the most beneficial funds for your retirement plan or you end up paying for a credit score instead of getting it for free or you paid a slightly higher interest rate on your loan than you wanted, you will still be way ahead by a long stretch compared to having done no planning at all.

Granted, everyone wants to have the best choices for optimizing benefits and savings; however, fretting over how to chase the “highest and best” and ending up being paralyzed is counterproductive. The better goal to aim for is TIME. It is a commodity you cannot renegotiate or purchase back.

Do with what you already have

Determine where you are exactly before making a plan for your future by calculating the figures that that tell you what you have and what you need to have.

Do a financial inventory first – net worth, account balances, credit score, liabilities and assets. Consolidate all your finances using Personal Capital’s free tracking application in order to obtain a complete perspective of your financial status at any time.

Direct your course

Look at your finances as a road map, telling you where to put location markers along the way as you travel and to direct your destination. Only by marking your origin and staking out your destination will you be able to determine the most efficient route from one point to the other – and that is how finances work as well. Set your goals, your time frame and the cost for every step of the journey and order them according to their urgency.

Get educated on how you can effectively set and achieve goals through online aids that help you how to remain organized and to monitor your progress.

Marking your direction

Your present financial assessment marks your starting point and your goals as your destination, while your budget is your direction on the map. And before you can even begin to take the trip on that map, you must draw your direction – that is, make a budget.

Create a budget that best suits your situation -- a percentage budget, a zero sum budget or a cash- only budget – making sure that you stay above your make-or-break level, meaning your minimum cost of living, including savings.

By diligently minimizing your spending to essential expenses and/or maximizing your income in order to reach and go above the essential level, you will begin making headway. Read on the article “How to make a budget without a budget”.

What now?

Having done your inventory and determined your minimum financial level, you can have a better idea of your leftover money in order list your prioritized objectives. Where do you start? Should you pay off your loan? Or save into a retirement account? Open a savings account for a down payment for a home? Increase your emergency fund? With so many needs and not enough money, what is one to do?

At this point, the “growing-up blues” set in. Relax and be not anxious – no matter what happens, as long as you make reasonable choices, the road will lead you home.

Categorizing Financial Goals

There are four major categories of financial goals:

  • Emergency savings
  • Loan payment
  • Short/Medium-term savings
  • Long-term/Retirement savings

Most experts recommend funding all of these goal categories, aside from covering your monthly costs, and assigning bigger income portions to your highly-favored goals. However, rarely do things work your way and your limited income may require you to choose one or two financial goal categories above the rest.

Oftentimes, the two most crucial are emergency savings and loan payment. Providing yourself a safety net at a minimum of $1,000 is the first on your list (although the target amount should be enough to cover your living expenses for about 6 months). With your 1k emergency fund, proceed by distributing your money accordingly for emergency savings contributions and loan payment. You may also want to insert a tiny amount for your retirement savings into the picture -- this could be as small as $50 monthly – which is good enough for a low-interest debt.

Also, remember to contribute to short and medium-term fund savings. For young professionals, you have enough time before you reach 59½ to set aside some money for your lifelong dreams, whether a dream house, raising a family, travel, etc. That refers to money apart from your retirement nest egg or emergencies funds.

However, if your budget will not allow you to contribute to all savings categories, your best solution is to seek ways to increase your income. Saving money and reducing your daily expenses can only do so much. Your ability to earn more has practically no limit whatsoever; and having the flexibility and freedom that greater earnings provide will further enhance your financial and life aspirations. Financial experts will attest to this fact.

Financial Planning for Novices Review

  • Assess your financial situation
  • Set your goals
  • Make a budget and surpass your minimum cost of living
  • Prioritize your objectives and set aside surplus money from your living cost
  • Enhance your income generation for funding higher targets
  • Relax and enjoy your accomplishments

Breaking it down to the barest components, novices can do effective financial planning using a few essential, practical steps, namely: earn more money, reduce expenses and set aside extra money consistent with your highest goals.

Following these vital tips is your best weapon against the onset of “growing-up blues”.


Akaho Kitamura mar 13, 04:00
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Investment at Bellmore Group Management Services, Tokyo Japan

Bellmore Group Advisors provides one of the largest assortments of fund groups in the industry, and your Financial Advisor has the facilities to assist you select the proper fund or basket of funds to satisfy your special needs. Coordinate well with your Investment Counselor to design a mutual fund portfolio that satisfies your particular condition.

Solution

  1. Planning Tools - Customized internal tools to assist you enhance your portfolios.
  2. Strategy and Planning - We will design a strategy to improve a portfolio’s potential to achieve a client's goals.
  3. Market Analytics - We consistently undertake market studies to enhance your positions.

Akaho Kitamura dec 9 16, 03:46
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