FEED Validator

for Atom and RSS and KML

Congratulations!

This is a valid RSS feed.

Recommendations

This feed is valid, but interoperability with the widest range of feed readers could be improved by implementing the following recommendations.

line 13, column 84: Self reference doesn't match document location [help]

... rel="self" type="application/rss+xml" />
                                             ^

Source: https://hrxcgms.info/feed

<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
xmlns:content="http://purl.org/rss/1.0/modules/content/"
xmlns:wfw="http://wellformedweb.org/CommentAPI/"
xmlns:dc="http://purl.org/dc/elements/1.1/"
xmlns:atom="http://www.w3.org/2005/Atom"
xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
>
<channel>
<title>hrxcgms.info</title>
<atom:link href="http://hrxcgms.info/feed" rel="self" type="application/rss+xml" />
<link>https://hrxcgms.info</link>
<description></description>
<lastBuildDate>Sun, 24 Dec 2023 00:19:41 +0000</lastBuildDate>
<language>en</language>
<sy:updatePeriod>hourly</sy:updatePeriod>
<sy:updateFrequency>1</sy:updateFrequency>
<generator>http://wordpress.org/?v=3.1.3</generator>
<item>
<title>There is an excessive amount of traffic coming from your Region.</title>
<link>https://hrxcgms.info/there-is-an-excessive-amount-of-traffic-coming-from-your-region,html</link>
<comments>https://hrxcgms.info/there-is-an-excessive-amount-of-traffic-coming-from-your-region,html#comments</comments>
<pubDate>Thu, 16 Mar 2023 08:04:48 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[zqseems.info]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=63</guid>
<description><![CDATA[#EANF#]]></description>
<content:encoded><![CDATA[#EANF#
<div class="mads-block"></div>]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/there-is-an-excessive-amount-of-traffic-coming-from-your-region,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Prepare For Long Term Travel</title>
<link>https://hrxcgms.info/prepare-for-long-term-travel,html</link>
<comments>https://hrxcgms.info/prepare-for-long-term-travel,html#comments</comments>
<pubDate>Fri, 24 Feb 2023 11:47:39 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Adventure Travel]]></category>
<category><![CDATA[Airline Travel]]></category>
<category><![CDATA[Budget Travel]]></category>
<category><![CDATA[Charter Jets]]></category>
<category><![CDATA[Travel Planning]]></category>
<category><![CDATA[Vacation Homes]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=61</guid>
<description><![CDATA[Preparing For Long Term TravelTraveling abroad is an art. It requires intellect to plan, courage to enact, and perseverance to endure. When planning your dream trip, you must walk a fine line between over- analysis and not-so-blissful ignorance (summer in Sudan, anyone?).There are several things you should consider before booking your travel, and the most [...]]]></description>
<content:encoded><![CDATA[ Preparing For Long Term TravelTraveling abroad is an art. It requires intellect to plan, courage to enact, and perseverance to endure. When planning your dream trip, you must walk a fine line between over- analysis and not-so-blissful ignorance (summer in Sudan, anyone?).There are several things you should consider before booking your travel, and the most important will be deciding where and when to go.Where to Go After working in a cubical and day dreaming about traveling around the world, most people already have a pretty good idea where they want to go. It’s a personal choice and there are amazing places to see and experience all over the globe. If you intend for your systems to pay for your travels, the main factor in deciding where to go is your budget.How Much the World Costs
These numbers assume a few things. Firstly, you travel slowly (no more than one out of every four days). Second, you stay in clean, basic accommodations. While it’s certainly possible to rent a $3 room in Cambodia, most people mature enough to run a business want a little more comfort. We’re talking rooms with a bathroom, hot water, shower, towels, a bed, and a TV… but not much else.The prices below are for two people and include food, room, laundry, toiletries, visas and overland (usually local) travel:
o Southeast Asia: $50 
o UK and Ireland: $100 
o Australia and New Zealand: $80 
o South America:$55 
o Africa: $60 
o Western Europe: $90 
o Eastern Europe:$65 
o Indian subcontinent:$40 
o Japan: $90 
As you can see, expenses can be very reasonable, far more reasonable than what you may be currently paying back home. However, you will want to travel somewhere that your systems can afford.You can escape home faster and live better if you visit third world areas such as Southeast Asia and India. Though we’ve visited the UK several times, my wife and I are still a long ways away from living it up in London! There’s another more powerful reason for going third world initially: a new perspective. Chances are, if you’re reading this you are probably raised in the Western world. When you board that plane, you will no doubt be ready for a change, and the transition from first to third world will be as eye opening as the transition from worker to entrepreneur.
All in all, their calculations have been fairly close to my personal experiences.Money Saving Tips These are some tips I’ve learned from both working as a travel agent and personal experience. There are many, many ways to stretch your budget:o Purchase tickets ahead of time, or last minute. So many people lament over rising flight costs, when they should have bought the damn thing months ago and saved a bundle. Here is my rule of budget travel: purchase tickets ahead of time if you know where you want to go, purchase last minute if you don’t. For example, there is currently a special discount flight to Hungary from San Francisco for three hundred dollars, last minute. Did you plan on going to Hungary? No, but when the opportunity arises, you should take it.
o Slum it, then go all out. My wife and I cycled across Ireland without breaking the bank, and yet we stayed in quality bed and breakfasts (including an old Irish castle). How did we do this? Simple: for every one night in a great location, we camped two nights. Once we arrived at our room for the night, we cleaned up and had a good time. The next morning we showered and hit the road. Following this approach you only miss a shower for one day at a time… 
o Change your drinking habits. One of my largest grievances with budget travel writers is their silly notion that you should sacrifice a cold beer in the name of saving money. There are far better ways to save a dollar while you’re traveling. What you should avoid are bars. You can drink cold beer or local spirits for cheap from bottle shops (or oddly enough, 7-11′s). I found myself contemplating buying a can of Guinness in Thailand for more than it cost back home! True, it was an Irish pub on St. Patrick’s Day, but come on…Health: Avoiding Problems VaccinationsYou need to start getting some of your vaccinations at least two months before departing on a trip. Several inoculations require three or four visits, spaced two to three weeks apart. Here’s a short list of the most common vaccinations required (or highly recommended) for global travel:
o Hepatitis A and B. (if possible, get the combined vaccine) 
o Japanese encephalitis 
o Polio, diphtheria and tuberculosis 
o Rabies 
o Tetanus 
o Typhoid 
o Yellow feverMalariaWhile there is no vaccination for malaria, there are a number of anti-malarial tablets you can take to help combat the disease (though none of them is 100% effective). Check with your doctor to see which prescription is right for you. You can also learn more at www.malaria.org.To get these vaccinations, visit your local travel clinic or speak with your physician. If you’re currently employed, check if your benefits will cover vaccinations. I was able to save over $700 on vaccinations thanks to the health insurance provided by my previous employer. Talk about a severance package!Food
When it comes to food, I follow a few simple rules:1. Eat at restaurants with a lot of people and high turn over. It probably means the food is fresher. 
2. Eat cooked food. Try to avoid any raw vegetables and raw fish. Fruits and vegetables that you can peel are a safer option. Consider bringing vitamin tablets if you’re not getting enough fruits and vegetables. 
3. Don’t over eat. If you stuff your face with contaminated food, you’ll feel a hell of a lot worse than if you ate a smaller portion. The only two times I’ve been sick abroad were shortly after a three or four course meal at a high end steakhouse.WaterDepending on where you travel, you might need to bring a water purification system. I use The Steripen Adventurer UV purifier. The same size as a screwdriver, this wonder tool can purify one liter of water in one minute using an ultra violet light bulb and lithium batteries. Though it isn’t cheap- retail is about $130- the Steripen is both lightweight and effective. Keep in mind it doesn’t work with ice, a common cause for getting sick among travelers.If you’re planning on buying bottled water over seas, keep in mind that many merchants refill used water bottles with local water and resell them. If the plastic seal is broken- and it often is – you probably don’t want to drink it.Traveler’s DiarrheaTraveler’s diarrhea claims 30-50% of tourists abroad within the first two weeks, and is often accompanied by vomiting. In other words, don’t be surprised if you’re leaking out both ends… it’s natural. The best thing to do? Take over the counter anti-diarrheal medicine or antibiotics (rather than something that just plugs you up), drink lots of water, lay low and let the good- or bad- times flow. Symptoms should clear up within a few days. Any more than that, contact a doctor.Tying Up Loose Ends
Before you hit the road you’ll need to close up shop. While most of these steps aren’t necessary for short term travel, they are imperative for long term wandering.o Three – Six Months Out: 
o Get a passport (if you don’t have one). 
o Book your airplane flights. 
o Visit your doctor or travel clinic to get vaccinations. Check if your employer’s health insurance covers them before you quit! 
o Determine how to handle your living situation. Consider renting out your residence furnished. This saves you the hassle of storing your belongings, and moves you one step closer to paying off your mortgage. Most people interested in furnished accommodations are working abroad for a year or more: perfect for your intentions. 
o Book a dentist, doctor, and optometry appointment for one month before you go to make sure you have a clean bill of health. This gives you time to handle any cavities before you leave.o One Month Out: 
o Set cancellation dates for all insurance policies, credit cards, and other miscellaneous items. 
o Close any unnecessary accounts (e.g. banking accounts and department store accounts). 
o Sign up for Online Banking (if you don’t already have it). 
o Set up a forwarding address with the post office to a friend or a P.O. Box in your name. 
o Find someone to rent your car while you’re gone. Make sure they get insurance and to draft an automobile leasing contract. 
o Go to your dentist, doctor, and optometry appointments. 
o Get travelers insurance.o Two weeks out: 
o Give your two weeks notice to your employer. 
o Email yourself copies of your passport, driver’s license, insurance policy, credit card, and any other important information you might need while you’re away. 
o Get travelers checks and email the security numbers from those to yourself. 
o Notify your bank that you’ll be making purchases in a foreign country with your credit card. 
o Have a garage sale. If you don’t manage to sell the majority of your belongings, have another garage sale following week. My wife and I made over $1,500 of two days work selling our stuff- worth over a month of travel in Southeast Asia. If you can’t sell your stuff, look into a storage unit. 
o Get a visa if applicable for your first country.Remember, you don’t need half of what you may think you do, a truism that applies to a crucial step in preparing: packing for long term travel.What (Not) To Pack 
Prior to departure: create a checklist of items you need to take. At a maximum you should include: 
Passport 
Drivers license (international if possible) 
Airline/train tickets 
Credit cards, travelers checks and US dollars 
Photocopies of important documents 
Youth hostel card 
Scuba diving certification (if applicable) 
Passport photos (1 or 2 per country) 
Money Belt 
One small day pack 
Sunglasses 
A good book 
Pen and notepad 
Laptop and headset for Skype 
Two pairs of light weight pants 
One pair of shorts 
Three shirts (one for going out) 
1 Pair Sandals 
1 Pair Shoes or Boots 
Underwear 
Swim suit (if applicable) 
Toiletries 
Silk sleep sack (not a sleeping bag) 
Sewing kit 
Nail clippers 
Ear plugs 
First aid kit 
Swiss army knifePossessions will only tie you down. For example, let’s say you purchase a brand new digital camera before your trip (chances are you will). Sure, it’s a great way to document your experiences, but it weighs you down a lot more than you think.You have to think twice about swimming in the ocean for fear someone will steal it. Crossing a river could potentially destroy it. Strangers become potential threats.And these are just the tangibles. The worst, and most common, is that it prevents you from truly experiencing a place before reaching for your camera. This effectively removes you from your surroundings, preventing you from ever really gaining anything at all.Why Einstein Was Wrong – How to Travel
The theory of relativity states that time slows down when as speed increases. For example, imagine a friend whizzing across or solar system in a spacecraft while you remain here on the Earth. Einstein proved that your friend’s clock would seem to tick more slowly than your own.Sadly, the opposite is true when traveling. People who travel near the speed of light- or at least sound- arrive home seemingly unaware of where they had just visited. Locations become nothing more than a check box on their itinerary, an experience not to be savored, but shown off to others. They develop the classic “If it’s Tuesday, this must be Rome” syndrome. Speed is not better, which is why you shouldn’t try to travel at the speed of light.
My advice is to travel at the speed of smell.As I write this, there is a large Vietnamese market going on less than five meters away. The smell of pho boiling over and the sounds of locals conversing is something I wouldn’t have noticed on a five day whirlwind tour of Vietnam. 
In order to really experience your surroundings, you must slow down. While guidebooks may offer walking tours that allow you to “do” a city in a day, it takes much longer to “feel” it out.Somewhere along the line, we lost the point of travel. People visit pagodas, temples, churches, museums, and art galleries not out of personal interest, but out of some misplaced obligation. If you aren’t interested in art, skip the Museum of Modern Art. If you don’t like sports, forget the Superdome. Can’t stand witnessing first hand poverty? Don’t go to India.It’s not about seeing the most acclaimed sights. It’s about experiencing those that affect you the most.Your First Night Abroad: Make It a Soft LandingYour first two days in any new region should be seen as a transition period. Don’t throw yourself into the mix right away; book your hotel prior to departure and stay there for at least two nights. This will help you acclimate to your new surroundings, and sleep comfortably for the first few days. Your first few nights shouldn’t be concerned with travel plans, budget, or any other logistics… just unplug and rest while your body adapts to the new sights, smells and time zone.Lunch at 4AM? How to Deal With Jet Lag
There are several ways to combat jet lag, a common problem among travelers. It certainly hits some people harder than others; it takes me over a week to adjust, while my wife takes it in stride. Here are some ways to battle jet lag: 
o Don’t eat. Studies have shown that your liver takes longer to adapt to a new time zone than any other part of your body. By not eating for 12 hours or more, your body will adjust much more quickly. If this seems like too much, try eating on your intended destination’s clock a few days before departure (dinner at 10 AM, anyone?). 
o Sunshine. The sun helps you set your circadian clock, so the more the better. Exercise also helps. 
o Pop some pills. There are additional over-the-counter pills that claim to help with jet lag. Though I have no personal experience with them, several people I’ve spoken to swear by No Jet Lag.Staying Connected 
Now that you’ve freed up your time and location, you’ll need to monitor your systems and stay in touch with loved ones. Here are several crucial tools to maintain your systems abroad.Poste Restante 
A great way to pick up care packages from home. Get the address of the main post office in whatever town you’re in (or will be shortly) and have people address your mail to the following:LAST NAME, First Name 
Poste Restante, General Post Office 
Town, CountryWhen you arrive at the post office, simply present your passport as identification and you’ll be able to claim your mail. Generally post offices around the world will hold mail up to two years.Blog 
A great way to keep in touch is to start a travel blog. You can do so with free services such as Blogger.com or WordPress.com; both are free and can be set up in a matter of minutes. By creating a travel blog, you are able to avoid sending out group e-mails, which always come across as forced and rather generic. This way, people who were really interested in your trip can check up on you whenever they like, leave comments, and engage other people visiting your blog.Also, blogs allow you much more creative freedom than sending emails. You can include pictures, video, polls, international clocks, maps and a whole host of other customizations, all of which provide a great scrapbook after your travels.Word of the Year: Wifi
Wireless is the name of the game. As time progresses, connecting to the Internet will only become increasingly important, so you might as well get used to ranking “free internet” higher than amenities such as free breakfast, swimming pool, and massages. Let’s face it: you’re now able to create systems that pay for your lifestyle, completely free of employees. Free of fax machines, cubicles, commutes, and water coolers… so logging into your accounts to make sure the money’s coming in doesn’t seem like too much of a hindrance, does it?Expect internet cafes to run around $1-2 USD an hour. Seeing that your business is Internet based, you may want to consider traveling with a laptop depending upon your goals.Laptop: Luxury or Necessity?
If you intend to develop more systems while traveling, a laptop is necessary. You will need to upload webpages to your sites, conduct phone interviews with prospective freelancers, and keep tabs on your expenses and revenue streams. If you intend to just monitor or expand your existing systems, you can use internet cafes, though working amidst Chinese computer gamers ain’t what it’s cracked up to be.Laptops also provide more security. You don’t know what kind of spyware (programs that remember your keystrokes for future use) might be on some random computer. To paraphrase sex ed teachers, a trusting, monogamous relationship is one of the best ways to avoid viruses.Cell Phone
Though I personally don’t use one, cell service is getting better all the time, and can save you a lot of time if you need to call people who don’t use Skype. For example, I spent thirty minutes in search of an international phone to call my bank for a phone call that lasted two minutes.Skype 
You can’t go wrong with free international phone calls, and Skype provides just that. Get your friends and family back home to sign up and you can chat through your laptop for free. More and more businesses are jumping on the bandwagon, though banks and credit card companies are still behind the curve.An additional feature that may be of some use is the ability to forward calls from a US based phone number to your cell phone abroad. If you handle customer service questions, it pays to list a domestic number. After all, would you buy a product from a company that requires you to call East Timor with questions?Dragon Naturally Speaking
If it wasn’t for this software, this book would never have been written. For less than thirty bucks you get a microphone, headset, and the ability to dictate to your laptop. I’m able to “write” at about 120 words per minute. An added bonus is that you can use the microphone and headset with Skype.USB Card 
An absolutely essential tool. There will be times when you won’t be able to access the Internet with your laptop, and a handy USB allows you to backup your work.Other Technological Marvels for Working Abroad 
o GoToMyPC : This software allows you to access your home computer from any other computer in the world. If you are abject to traveling with a laptop, this is the way to go. Just remember, you’ll have to pay for internet connection along the way, making this a better solution for short term travel. 
o World Electronics USA: Get information on global phones. Good explanation of which GSM frequencies and “bands” function in which countries, which will determine the phone you purchase for travel (and perhaps home). 
o Universal Plug Adapter: I’ve purchased adapters in several countries in order to power our digital camera and laptop, though it can be a hassle if you’re exploring several different regions. This universal adapter works wonders around the world. 
o World Electric Guide: This site is a life-saver when it comes to handling electronics abroad. It breaks down voltage, wattage and a slew of other technical requirements by country. 
Use what you’ve learned and hit the road! 
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/prepare-for-long-term-travel,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>No Expense Spared: Health Care Costs</title>
<link>https://hrxcgms.info/no-expense-spared-health-care-costs,html</link>
<comments>https://hrxcgms.info/no-expense-spared-health-care-costs,html#comments</comments>
<pubDate>Fri, 24 Feb 2023 10:39:18 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Health Care]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=59</guid>
<description><![CDATA[Health care costs are higher than they have ever been in this day and age, to the point that they are actually pushing more and more people out of reach. Decent health care is now so hard to come by if you do not have good benefits or thousand in the bank that people are [...]]]></description>
<content:encoded><![CDATA[ Health care costs are higher than they have ever been in this day and age, to the point that they are actually pushing more and more people out of reach. Decent health care is now so hard to come by if you do not have good benefits or thousand in the bank that people are really struggling to get and stay healthy. The health of the nation is declining as a result. Costs have risen to the extent that any illness has to burn itself out because people cannot afford to go to the doctor’s surgery to get a prescription, but why have health care costs escalated this far?Health Care Costs And Governmental ChangesIn recent years, the legal system and the medical system have been lumped together under the same umbrella as a result of the fact that the United States is now a suing nation. Every time someone files a lawsuit against a doctor or hospital, health care costs are guaranteed to rise, so think how much all of the lawsuits combined have contributed to the rising health care costs that we are now faced with! Of course, if an individual is suing a doctor or hospital for a legitimate reason then that is warranted, but if they are just doing it to profit or on made up accusations then those individuals are ruining health care for those of us that just want to be healthy and would be grateful to be able to afford an appointment when we are ill. Too often, individuals sue because they get the basic health care standard rather than something that they have not paid for to begin with, and the rest of us have to foot the bill.Insurance companies also contribute to the rising health care costs. Some insurance companies actually determine the costs of various procedures on their policies and will only pay that set amount out despite the fact that a bill for the medical care received actually totals more. As a result, most people would not be able to pay the bill in full so it would go to a debt collector, which costs money, or written off, which also costs money. As a result, doctors and hospitals put their health care costs up to recoup their losses and we all miss out as a result.The final reason for the rising health care costs that we have today is the standards of living. Every day living is rising in expense on a daily basis and we cannot keep up. More and more people are getting into debt as a result. When general prices go up, so do the health care costs and thus the less affluent people suffer as a result. They find themselves unable to afford anything. If there is no help available then this will have to change because health care cannot go on as it is. There has to be some sort of reform and fast, otherwise nobody will be healthy in the coming years!
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/no-expense-spared-health-care-costs,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Education and the Entrepreneur</title>
<link>https://hrxcgms.info/education-and-the-entrepreneur,html</link>
<comments>https://hrxcgms.info/education-and-the-entrepreneur,html#comments</comments>
<pubDate>Fri, 24 Feb 2023 07:50:22 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Education]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=57</guid>
<description><![CDATA[Education is a recurring theme in discussions of public policy, economic growth, and personal development. Unfortunately, there seems to be a pervasive belief that schooling and education are one and the same. It is mot certainly true that education and school frequently overlap to a significant degree, but it is problematic to limit your view [...]]]></description>
<content:encoded><![CDATA[ Education is a recurring theme in discussions of public policy, economic growth, and personal development. Unfortunately, there seems to be a pervasive belief that schooling and education are one and the same. It is mot certainly true that education and school frequently overlap to a significant degree, but it is problematic to limit your view of education to the content that is presented in a classroom. The truth is that there are many things successful people will need to learn over the course of their lives, and not all of them are taught in a structured curriculum. Thus, as your base of knowledge increases it will become true that self-education eventually meets and surpasses structured education in its impact on your life.This is particularly important for people in entrepreneurial endeavors, since the traditional regimen of structured education through school does not cover many of the key skills that are needed to realize success. This is not due to any sort of malicious plan on the part of educators, it is simply reflective of the reality that the current education system is designed to train future employees. It is not a coincidence that tiers of education are articulated in degrees and certificates such as a high school diploma, associates degree, baccalaureate degree, masters degree, and doctorate.These degrees and certificates are highly important to employers, because they send a signal of educational achievement. Thus, it has become true that employers are increasingly insistent on education credentials for the people it hires. Over time, this has led to a system of credential-ism for major employers where people who possess superior skills are filtered-out of the interview process because they do not possess the desired credentials. This has created a unique situation for employers, employees, and entrepreneurs in regards to education.The Impact of Credential-ism
The proliferation of employers who insist on credentials for their employees has led to a ‘self fulfilling prophecy’ for education institutions where the skills and abilities sought by employers are increasingly emphasized. The extended impact of this emphasis on skills for employers has been a reduction in the building of skills that will enable people to become entrepreneurs. Thus, the value of education over time has tilted more toward the credentials that you receive and less toward the content that you learn.This impact has become even more stark over the past few decades as the content taught at varying educational institutions has become increasingly similar. This means that the actual education you receive will be very similar from one university to the next. However, the ‘prestige’ of certain universities, along with the social-economic caliber of the alumni association and student body allows them to charge significantly higher fees than other institutions where the actual education is very similar.Over time, the compounding impact of this effect has made education more about earning credentials to achieve a prestigious, well-paying job than the specific content that is learned. This sentiment is echoed by many parents in their exhortation for children to get a college degree so that they can get a good job. The causal connection in this sentiment is hard to argue with, but it glances past one very important question. What if you don’t want to spend your entire adult life working for an employer? What if you want to become an entrepreneur at some time in the near or distant future?The Value of Self-Education
This is where self-education becomes very important. Self-education is the process where you personally seek out the information and insights that you need to achieve your goals and ambitions. It is critical for entrepreneurs, because the skills that most entrepreneurs need are not typically included in the curriculum that contributes to traditional education credentials.So where do you find self-education? That is the million-dollar question. The truth is that the pursuit of self-education is a journey that is personal to every person individually. The part of self-education that will prove to be the most difficult is separating the legitimate opportunities for learning and development from scams and get-rich-quick schemes that frequently enrich the originator at the expense of the participants.In the end, each of us are ultimately responsible for our own education and development. Credentials will always be a part of employment, but the upper reaches of personal and professional success will continue to be the province of those who pursue a path of self-education and continual development.
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/education-and-the-entrepreneur,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Why Should You Consider Loan Consolidation</title>
<link>https://hrxcgms.info/why-should-you-consider-loan-consolidation,html</link>
<comments>https://hrxcgms.info/why-should-you-consider-loan-consolidation,html#comments</comments>
<pubDate>Fri, 24 Feb 2023 06:29:55 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Loans]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=55</guid>
<description><![CDATA[Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves [...]]]></description>
<content:encoded><![CDATA[ Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, which is most commonly a house (in this case a mortgage is secured against the house.) The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to allow the forced sale (foreclosure) of the asset in order to pay back the loan. The risk to the lender is reduced so the interest rate offered is lower.Because of the theoretical advantage that debt consolidation offers a consumer that has high interest debt balances, companies can take advantage of that benefit of refinancing to charge very high fees in the debt consolidation loan. Sometimes these fees are near the state maximum for mortgage fees. In addition, some unscrupulous companies will knowingly wait until a client has backed themselves into a corner and must refinance in order to consolidate and pay off bills that they are behind on the payments. If the client does not refinance they may lose their house, so they are willing to pay any allowable fee to complete the debt consolidation. In some cases the situation is that the client does not have enough time to shop for another lender with lower fees and may not even be fully aware of them. This practice is known as predatory lending. Certainly many, if not most, debt consolidation transactions do not involve predatory lending.What is a Federal Student Consolidation Loan?A Federal Consolidation Loan is a loan that you can use to pay off all or a portion of your original eligible federal student loans. You combine (consolidate) your existing federal student loan debt into one new loan.What are the terms of a Federal Consolidation Loan?o The interest rate on a Federal Consolidation Loan is fixed, meaning it will not change over the life of the loan, even if the interest rates on other federal loans go up (or down).o The interest rate is calculated from the weighted average of the interest rates of your
existing loans, rounded up to the nearest 0.125%, with a cap of 8.25%.o There are no fees to apply for or receive a Federal Consolidation Loan.o The repayment term is up to 30 years, depending on the total amount of your student loan debt, and there is no pre-payment penalty.Why should you consider consolidation?With a Federal Consolidation Loan, you can benefit from:o Lower monthly paymentso Fixed interest rateso Only one payment for your federal loans each montho New or renewed defermentsBecause you are allowed up to 30 years to repay your loan, your monthly payment can be significantly lower with a consolidation loan, although you may pay more in total interest over the life of your loan.When should you consolidate?Only loans that are in grace, deferment, forbearance, or repayment can be consolidated into a Federal Consolidation Loan. Loans that have an in-school status cannot be consolidated.There are no deadlines. However, Federal Stafford Loans that are in the grace period (or in deferment) have the lower rate compared to loans in repayment (or forbearance). Because the current interest rate is used in the calculation to determine the weighted, fixed interest rate of your consolidation loan, you will save money over the long run if you consolidate while in your grace period or while in deferment. (If you choose to consolidate while in your grace period, keep in mind that your grace period will be cancelled when the consolidation loan is issued and you will begin repayment.)Student loan consolidationIn the United States, federal student loans are consolidated somewhat differently, as federal student loans are guaranteed by the U.S. government. In a federal student loan consolidation, existing loans are purchased and closed by a loan consolidation company or by the Department of Education (depending on what type of federal student loan the borrower holds). Interest rates for the consolidation are based on that year’s student loan rate, which is in turn based on the 91-day Treasury bill rate at the last auction in May of each calendar year.Student loan rates can fluctuate from the current low of 4.70% to a maximum of 8.25% for federal Stafford loans, 9% for PLUS loans. The current consolidation program allows students to consolidate once with a private lender, and reconsolidate again only with the Department of Education. Once the student has consolidated their loans, the loans are set to a fixed rate based on the year they consolidated; reconsolidating does not change that rate.Federal student loan consolidation is often referred to as refinancing, which is incorrect because the loan rates are not changed, merely locked in. Unlike private secton debt consolidation, student loan consolidation does not incur any fees for the borrower; private companies make money on student loan consolidation by reaping subsidies from the federal government.Student loan consolidation can be beneficial to students’ credit rating, but it’s important to note that not all federal student loan consolidation companies report their loans to all credit bureaus; SLM Corporation (formerly Sallie Mae) does not report to Experian or Transunion, which means that students will have differing credit scores at Equifax, Transunion, and Experian.For more information visit our websites
Life insurance settlement or Federal Student Loan Consolidation 
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/why-should-you-consider-loan-consolidation,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Loan Modification Firms – Top 11 Questions to Ask Before You Hire One</title>
<link>https://hrxcgms.info/loan-modification-firms-top-11-questions-to-ask-before-you-hire-one,html</link>
<comments>https://hrxcgms.info/loan-modification-firms-top-11-questions-to-ask-before-you-hire-one,html#comments</comments>
<pubDate>Fri, 24 Feb 2023 04:47:53 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Loans]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=53</guid>
<description><![CDATA[Consumer Awareness Guide: Eleven Critical Questions You Need to Ask Before You Hire a Loan Modification CompanyMost people that are experiencing financial difficulty have no doubt heard of loan modifications. They are talked about on the nightly news and although once shrouded in secrecy, they are now common knowledge. Those also in the know, realize [...]]]></description>
<content:encoded><![CDATA[ Consumer Awareness Guide: Eleven Critical Questions You Need to Ask Before You Hire a Loan Modification CompanyMost people that are experiencing financial difficulty have no doubt heard of loan modifications. They are talked about on the nightly news and although once shrouded in secrecy, they are now common knowledge. Those also in the know, realize that the government solutions to the financial crisis we’re experiencing will hardly solve the problem. The first round of government intervention after TARP 1 created “Hope For Homeowners” which was the federal government’s attempt at loan modifications.Well, here are the facts on that one. Of the supposed 400,000 families that were to be shielded from foreclosure, as of this report, approximately 400 loans (that’s right 400 total) have been refinanced. Industry executives correctly called the program “useless” because of its onerous details.Here are the stats on the “Hope Now Alliance” formed in the fall of 2007. Ironically, a former sub-prime mortgage executive was put in charge- can you say “fox in the henhouse?”.Of the 2.2 million foreclosures supposedly “prevented” by Hope Now Alliance, 53% of homeowners were in default again within 6 months. Why, you ask? Because the supposed modifications led to higher, not lower payments, since lenders are tacking on missed payments, taxes, and big fees to borrower’s monthly bills. The newest round of “foreclosure prevention” solutions from the Obama administration unfortunately will not fare much better. Lenders are currently overwhelmed with calls from borrowers since the plan was announced, and don’t have the resources or the training to deal with the inquiries.Homeowners who have tried to get their own loans modified have met with frustration, deceit, incompetence, bureaucracy, and failure due to a system which is rigged to favor the banks, not the homeowners. I speak form personal experience. Hurricane Katrina wiped out my real estate business and I had to do my own loan modifications. I spent over 2 years trying to get insurance claims paid on damaged properties after hiring several attorneys, public adjusters, and engineers. The irony was that lenders only allowed a 3-6 month grace period and they wanted their money. I scrambled not only to rebuild my business, but also to save my own home after this catastrophe. I learned a very hard lesson. The banks are definitely not looking out for you. Having a professional on my side would have leveled the playing field.This report is therefore dedicated to help those that realize that hiring a professional loan modification firm with a track record of success, is their best solution in keeping their home.Despite what the T.V. pundits tell you when they say “…contact your lender, they want to work things out…” trying to get your loan modified yourself is akin to representing yourself in court. Nine times out of ten it’s a bad idea. With that said, it’s easy to be overwhelmed with all the conflicting information out there. After reading this report, you will be armed with the knowledge to evaluate whether or not a loan modification company is legitimate or a scam!Before you make a decision to hire anyone to handle a loan modification it’s vitally important that you answer the following 11 questions. The answers to some of these questions are more subjective and to be taken in as part of a whole, others are absolutely critical.1.) How long has the company in question been representing clients for loan modifications?While the fact that a company is new by itself doesn’t necessarily mean that you are going to get a bad modification, you’re less likely to be scammed if the business you are dealing with has some sort of track record.If it is a brand new company, or they just started doing loan modifications, you want to use more caution. Even attorneys and law firms are no exception to this rule. Law firms are no exception to the economic turmoil we live in, and as they have seen their billable hours reduced, some scramble to find work in other areas such as loan modifications.Whether they are actually competent enough to get a successful modification done is a different matter, and they must be evaluated as stringently as any other company.2.) What is the company’s success rate in achieving successful loan modifications?Most loan modification firms will claim to have above a “90% success rate”.If the company can’t tell you their success rate, this is an immediate red flag and you should RUN, not walk the other way! Ask yourself: if you were in a service business like this, would you take the time to know how many loan modifications you had taken on, and how many had been approved?Second, you need to dig further when a company gives you their so-called “success rate”. What does that mean? That the company got a modification with a payment higher than before and the homeowner defaulted 3 months into it – is that considered a “successful modification”?The definition you should hold of a “successful loan modification” is where the borrower is able to keep their home. Any loan modification company that takes fees after they have a client’s budget and knows they can’t afford the payment, is inherently unethical.If the loan modification company can’t give you a solid idea of what their REAL success rate is in getting quality loan modifications done that allow the borrowers to stay in their homes at their current income level, then you need to look elsewhere.3.) Do you have recent examples of successful modifications you have done?The loan modification company should be able to produce SOME documentation of the work they have done. Since the loan modification documents contain personal financial information, you may see the specific new terms such as interest rate and fixed term, but not the homeowner’s personal information such as name, address etc.If the company cannot produce examples, or they reply “…well I haven’t done any yet but I’ve been a loan officer and a real estate agent for 3 years, how hard can it be?”, let someone else be their guinea pig. Saving your home is too important of a task to put in the hands of an amateur.Also, make sure that the examples are modifications performed by THAT particular company. A typical scam operation will use “generic” testimonials and loan modifications, or will say “As Seen on TV” because a show on CNBC spoke about loan modifications and made no mention of their company.If you find that the testimonials they provide are not done by them, BEWARE!4.) What criteria do you look at when deciding whether or not you can do loan modifications?Examine the answer to this one VERY carefully. Also, make sure you get it answered to some degree, before they know anything about your particular situation.This is a true test of whether they fall into the boiler room category, or a professional advisor. If the loan modification rep gives a song and dance about how they can do any modification and can save your home no matter what, you know you are dealing with a scam.A reputable loan modification firm will need to obtain a full analysis and assessment of your hardship, income, assets, liabilities, with supporting docs before they can make any promises, and will be upfront with you that they cannot help every person that contacts them.Unfortunately, not every homeowner qualifies for a loan modification. If you currently have no income, or any prospects of becoming re-employed in the near future, you may not qualify for a loan modification.If your lender is not doing loan modifications at this time, you may not qualify. Every situation is different. A competent, professional loan modification company, that does hundreds or thousands of loan modifications each month, knows what lenders are willing to do in terms of modification and these criteria are changing literally weekly, due to the current financial crisis.It is up to the professionalism of the loan modification company to NOT take your fee if they know they cannot help you, or better yet, have a results-based money back guarantee to hold themselves accountable.5.) How long does it usually take to successfully negotiate a modification for your client?Today’s lending environment is always fluctuating on a near daily basis, with new legislation being proposed, failed banks, and many other factors. Still, a good loan modification company should be able to give you some idea of how long the process is going to take.If they duck and run at this question without a clear explanation, you need to give them the finger. (That’s taking your finger and pressing the receiver!)6.) Does the company offer a money bank guarantee for their services? Do they guarantee that you will have a lower payment than before?This is a big one. Stories abound of people that were promised the world by a loan modification company, paid a fee of several thousand dollars, and ended up never hearing back from the company.If a company does not offer a guarantee, or gives an excuse such as “..no one can guarantee results”, buyer beware. If they do offer a guarantee, examine closely as to what they mean exactly. Some inexperienced loan modification companies do not have the skill to get quality loan modifications done, resulting in payments that are even higher than before!Bear in mind that loan modification companies take significant risk in offering a guarantee. They are performing a service with up front costs, so it isn’t like returning clothes that they can re-sell.On the other hand, you as the homeowner are taking a GIGANTIC risk in putting out your hard earned money to do a modification.You see, by having a strong guarantee, the loan modification company essentially provides a check and balance on whether to take your fee or not – since they know if they don’t do their job, or get a poor modification done for you, they bear a financial risk.7.) Do they offer a free approval process or is there a charge up front to take an application? If your state requires that a loan modification company be registered, are they?A good loan modification company will generally not charge an application fee, as their goal is to actually help people get their loan modified and stay in their home, not to collect as many application fees as they can. If a company wants an application fee upfront, you may want to investigate their success record a little more.Certain states such as California are regulated in how loan modification companies can take upfront payments. However, California ironically also has had more modification start ups in the past 6 months (this report was written in March 2008). Many of them are not registered, are complete scams, and playing a cat and mouse game with the Attorney General’s office.Others, like Maryland, require that an attorney review the documents. Know the laws in your state BEFORE you contact the modification company, and listen to what they say either on the phone or on written materials to test their level of competence.8.) Will I be kept informed throughout the modification process? Do I have multiple ways to stay in touch on the process – for instance, a way to track my case, phone number, fax number, etc?You need to have a consistent mechanism to keep track of your file throughout the modification process, ideally a secure website or some form of automated mechanism.9.) What other lines of business is the company in besides loan modifications? What lines of business were you in prior to loan modification?When evaluating a loan modification company, the one thing you need to realize is that the businesses are typically small (less than 100 employees). You want to know what professional credentials and experience they bring to the table.If the principals in the company just closed the doors of their subprime mortgage broker office that was shut down…it may be a red flag.Do a Google search and look for the names of individuals involved in the company.While online forums can be useful, bear in mind that with the anonymous nature of text based sites, anybody (including competitors) can pose as a disgruntled customer…and they often do. Many legitimate companies have been ruined by well-orchestrated smear campaigns on behalf of their competitors. Look at the information, but use caution when evaluating what you see on internet forums.10.) Will you modify more than one mortgage, and do you offer help with a forbearance agreement, short sale, deed in lieu of foreclosure? Do you charge extra fees for these additional services?If a loan modification effort fails, you need to know what “Plan B” is. Even if you can’t stay in the house, walking away and doing nothing is DEFINITELY not the right option.A Deed in Lieu of foreclosure, where you give the house back to the lender, should be your last resort. There are consequences of this action, but they are far less than that of a foreclosure. It will generally leave you with less bruised credit and likelihood of a judgment against you compared to having the lender foreclose.Some loan modification companies offer alternate services, such as a Deed in Lieu of Foreclosure free of charge if the initial effort to modify the loan is not successful and the homeowner is unable to keep the house.11.) Do you have any complaints against your company with the Attorney General’s Office, Better Business Bureau, etc?This is important to know. If a company has complaints it doesn’t necessarily mean they are a bad company, depending on their volume of transactions.For instance, if a modification company has been in business several years and has processed hundreds or thousands of modifications, a few complaints over several years, is probably not a big deal. However if they started six months ago and already have 30 complaints, then that’s probably a red flag.If the business is reputable, see how they handled any customer complaints, since every business, if they’ve been around a while, will inevitably have them.Also bear in mind that the Better Business Bureau rating is VERY subjective – for instance, Best Buy has an “F” rating, and Disney Films has an “E” rating! Ratings also change, so make sure you read between the lines.Conclusion: We’re currently experiencing an unprecedented era of economic turmoil, and it is unfortunate that many vultures have risen to swoop in and take advantage of people’s desperation.Hopefully this report has put you in a more empowered position than you were prior to reading it. By applying it to every modification company you look into, you give yourself a much better chance of finding a competent company that can solve your financial crisis.Remember, while these questions serve as a measuring stick, you also want to take a step back and look into the “big picture” and as the saying goes, “trust your gut”. Is the company run by people who are “visible” and put themselves out there publicly using new media tools like blogs and videos, or do they hide behind “template” websites?Do you get the feeling that they are competent, and that they also truly have empathy for your situation?No matter what happens, remember that a house is just that…a building and the finances attached to it. It doesn’t define who you are as a person. If you look at the most successful entrepreneurs of our time: many had bankruptcies and serious financial problems in their past.However they never lost sight of their values or their end goal, learned what they could from the situation, and moved forward to success.You can spend time asking yourself “why me?”, or you can ask yourself “how can I use this challenge to find a way to solve my problem?” – either way you will get an answer. It is up to you to choose which question to ask.I wish you success in your search for a solution to your housing crisis. ©2009 By Todd Wetzelberger
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/loan-modification-firms-top-11-questions-to-ask-before-you-hire-one,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>How to Organize a Small Business Start Up</title>
<link>https://hrxcgms.info/how-to-organize-a-small-business-start-up,html</link>
<comments>https://hrxcgms.info/how-to-organize-a-small-business-start-up,html#comments</comments>
<pubDate>Thu, 23 Feb 2023 19:00:07 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[Small Business]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=50</guid>
<description><![CDATA[A small business start up marks the beginning of the business which is categorized in small business. A small business can be corporation, partnership or a proprietor owned with a small amount of manpower and funding. In America, a small business start up comprises of less than 100 employees, whereas in UK it has less [...]]]></description>
<content:encoded><![CDATA[ A small business start up marks the beginning of the business which is categorized in small business. A small business can be corporation, partnership or a proprietor owned with a small amount of manpower and funding. In America, a small business start up comprises of less than 100 employees, whereas in UK it has less than 50 workers. In countries like Australia, a small business start up begins with 1-19 employees. A small business start up is identified by its small investment, small turnover and profit and less manpower.The smallest business start up can begin at home which are termed by the World Bank as Micro-businesses. They usually have manpower of less than 10 employees. Higher versions of small businesses can be general stores, lawyer practice, clinics, private agents, restaurants, free-lance writers and small-scale manufacturing industries.Advantage of a small business is that it requires less investment. The working hours of such a venture is also less and requires smaller work area. They have a closer relationship with their customers and clients. They are highly independent and flexible to the changing market. Disadvantage of such a small business start up is the high risk of bankruptcy. In absence of strong financial back-up, the business may go into heavy losses, resulting in legal action against the proprietor in case of loan taken.A small business start up should follow the below mentioned methods for grater success:Formulating a business plan:For any small business start up, a well defined plan is a must. The final objective of the business should be precise and clear. The requirements should be formulated and the money to be invested should be prudently calculated. Almost equal amount of money invested should be available for back up in case of heavy losses incurred. The amount of man power required and their required qualification and skills should be decided.Implementation of the Plan:The business plans made initially should be implemented and all objectives set should be achieved. Financially, loans should be taken if self financing is not possible. Most of the banks provide loans for businesses. It is easier to obtain loans for partnership ventures. After the principle amount is obtained, the hiring of man power is done. This is followed by purchasing of all commodities needed for the business to start. The small business start up can now function fully.Getting customers and Marketing:Getting the right customers is the key to success for all small business start ups. Doing a small research on the market trends and customer needs helps in changing the business strategy for higher profits. Marketing the product of business to the target customers is optional, depending on the type of product. Marketing for a small business start up can be restricted to pamphlets, news papers, and small hoardings.Expansion of business:Upon attainment of the set objectives, the small business can increase its investments, manpower and productivity. This can be achieved if the small businesses start up earned considerable profit. This can expand the boundaries of the business and reach to a larger group of customers to increase the profit margin.
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/how-to-organize-a-small-business-start-up,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Crypto Currency Vs Fiat Currency</title>
<link>https://hrxcgms.info/crypto-currency-vs-fiat-currency,html</link>
<comments>https://hrxcgms.info/crypto-currency-vs-fiat-currency,html#comments</comments>
<pubDate>Mon, 12 Sep 2022 10:40:25 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[cash]]></category>
<category><![CDATA[Crypto currency]]></category>
<category><![CDATA[currency]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=48</guid>
<description><![CDATA[Crypto currency vs. Fiat currency Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use [...]]]></description>
<content:encoded><![CDATA[Crypto currency vs. Fiat currency
Are you aware of the fiat currencies and the crypto currencies? They both are currencies in one form or the other and are open for public use across the world. But they are both different and distinct in their own ways. There is always one group that favors the use of cryptos, while the other has a soft corner for the fiat currencies.
In cashless society- crypto money play a huge role
If you have a look at the market of the 1970s and 1980s, you will find that the cash played the dominant role. But, with the change in the technology, electronic transactions have become the usual norm. Today, more and more people are influenced in becoming the cashless society. With the progress towards the cashless society, cryptocurrencies have a big role to play.
Crypto currency and fiat currency are always at loggerheads
Cryptocurrency and fiat currency are popular types of digital currency, especially when it is about an online transaction. They both are currencies currently in use in the market but have some differences in them. There is a hell lot of hypes that you will hear on a daily basis comparing the crypto money and the fiat money. This article will highlight the difference between the two in a more comprehensive and clear manner.
Differentiating in what the currencies stand for
Before going for the difference between the two, you must understand what do they stand for and how are they are defined.
The fiat currency is a legal tender that has the support of the central government, and it operates in the physical form. For instance, US dollars, British Pounds, Euro etc. On the other hand, the crypto currency is a non-legal tender, and doesn’t have any backup from the central government or bank. 
Hence, the difference between crypto currency and fiat currency is noted as follows:
• Crypto-currencies are decentralized and global in nature. There are no one entity or government that controls the currency with their laws and regulations. The Fiat currency is centralized, under the control of the laws and regulations of the banks and government.
• Crypto-currencies have their existence only in the digital domain. On the other hand, you will find that the fiat currencies have a tangible and physical existence.
• There is a limited supply of crypto-currencies with a maximum set of them getting supplied in the market. Whereas, the fiat money has an unlimited supply as the government and bank are entitled to produce coins and paper money whenever the situation is required.
• The Bitcoin and other crypto type currencies are created by the computers, while the fiat currencies are issued by the local government and the banks.
• Cryptocurrencies are presented as the public and private code pieces. On the other hand, the fiat currencies are presented in the form of coins and paper money.
• The value of the crypto currencies is not recognized by the supply and demand of the market. Whereas, the fiat currency value is determined by the market regulations of supply and demand.
The different types of crypto and fiat currencies
In the last one decade, the popularity of crypto type currencies has emerged as a huge success. It was in 2009, when Bitcoin was first introduced, and years after several other types of crypto currencies have emerged. Starting from Litecoin. Dogecoin, Ripple to the Dcash and Zcash, there is a plethora of them. On the other hand, the fiat currency has a rich and ancient roots, with the Great British Pound, that dates back to 775 AD. It is considered as the oldest currency in the world that is still in use.
The differences in the anonymity between the two currencies
When you are using the fiat currencies, you need to undergo a user identification or verification process. You are asked to upload a recent picture of yourself and some of the required documents to be issued as per the public authorities. You don’t need to undergo any of the required processes with the crypto currencies. Though your personal information and confidential details don’t get public, but all your transactions are recorded and tracked in both the fiat and the crypto currencies.
Fiat currency vs crypto currency: transparency level
• The transparency level with the crypto type currencies are considered to be more. This is because the revenue streams are displayed in a public chain. Everyone can witness their own and others’ transactions.
• The fiat or govt. currencies are not transparent, as there are not public chains to see the revenue streams of the people.
A comparative historical roots
If you compare the crypto money with that of its counterpart, fiat or government currency, you will find that their existence and creation brings the difference. The Fiat or government currency, dates back its existence as early as 775 AD with the introduction of the Great British Pound. This is why fiat type currency is easily accepted by the people all over.
On the other hand, the crypto coin was perhaps first introduced only a decade ago, with the introduction of Bitcoin in 2009. The challenge that the Bitcoin and other crypto currencies face is catching up with the immense popularity and increasing fan base of the fiat currency. Crypto currency, is no doubt gaining importance and popularity in the economic market, but it has still not been accepted widely in the society as the fiat currency.
A comparative history of the two currencies:
• It was in the 11th century, when the Chinese Song dynasty was perhaps the first one to issue the paper money. It was not allowed to exchange with valuables like gold and silver or silk.
• There were Tally sticks that were introduced as a fiat or government currency. 1100 Tally sticks were introduced as a combat for the shortages in gold.
• 1971, was the year, when the fiat currency received a worldwide recognition. President Nixon introduced it in order to eliminate the dollar pegging system to gold.
• It was in 1998, when the idea of an anonymous electronic cash system emerged by Wei Dai. Bitgold-the very first crypto currency was created by Nick Szabo, but it didn’t receive as much attention as Bitcoin.
• In 2009, Bitcoin was introduced in the market, that became the first crypto currency that was accepted across the globe. In 2011 and after, a series of several other crypto currencies were introduced. Some of the popular ones include, Litecoin, Dogecoin, Ethereum, Ripple, Zcash, Dash and so on.
The traits of both the currencies
The potential of the crypto type currencies and fiat currencies, accessing their traits is important. You will find that in some of the criteria, Bitcoin and other crypto currency is superior than the fiat or government currency, and in some cases, the latter surpasses. It is absolutely your call to choose the type of currency (crypto type currency or fiat type currency) based on your personal needs and requirements.
Let us compare their traits with respect to certain factors.
• Both the crypto coins and fiat type currencies are interchangeable in nature.
• As per the portability is concerned both the currencies secure more or less the same position.
• With respect to the non consumable criteria, crypto currency and fiat type currency have the equal status.
• Crypto type currencies have high durability as compared to the fiat-currencies that have moderate level of durability.
• Both the crypto or virtual currencies and the fiat or government currencies ensure secure and safeguarded transactions and exchange.
• Crypto or digital currencies are highly divisible in nature. On the other hand, the fiat type currencies are moderately divisible.
• In terms of the transaction process, the crypto currencies are easy and hassle free. Whereas, on the other hand, the traction process associated with the fiat currencies are easy, but not like the cryptos.
• The crypto based currencies are decentralized and global in nature, unlike the fiat currencies that are centralized and functions under the laws and regulations of the government.
• The crypto based currencies have high scarcity, where as, the fiat currencies are unlimited as the government can issue coins and paper money whenever there is a need.
• The crypto based currencies are based on mathematical algorithms, and are programmable. The fiat currencies are not at all programmable.
• The fiat currencies are sovereign in nature, while the crypto currencies are not.
The process of the functioning of the currencies
You can find the significant differences between the crypto or digital currencies and the fiat currencies with the way they both operate and the transaction process that take place. They are contrasting in nature. The transfer of money using the Bitcoin is very quick, and you absolutely don’t need any third party association.
On the other hand, if you are involved with the money exchange using Fiat type currency, a mobile wallet is in use. You can exchange an amount of e-money that gets transferred into the equal e-value amount. Both the fiat and the crypto currencies enable you to purchase everything that you desire. But the processes involved are absolutely distinct from each other.
Depending on the things you purchase, you will find that one currency form is better than the other. This is absolutely your choice.
Is Bitcoin, a crypto currency better than the fiat-currency?
The long term benefits and the capability of the Bitcoins is still not established. But it has been predicted by the crypto currency gurus and experts, that they will go a long way, especially revolutionizing the way the online transactions are done. In the current market, the Bitcoin is mainly included in the online casinos and the gambling, but it is not limited to it.
Furthermore, when you compare the fiat currencies, the Bitcoin allows you to seize the power and authority from the banks and the government since it is not controlled. The cryptography based currency has the capability to create or come up with the free market capitals. Fiat currencies are affected by the inflation and the changes in the market, unlike the crypto based currencies. Such aspects make individuals believe that cryptograph based currencies will soon take over the mainstream currencies and bring a transformation in the way the money is used.
Why is Bitcoins considered to be a better aspect than the fiat type currencies?
• Bitcoin gives you the opportunity to re-create a free market capitalism.
• The power of controlling the money is absolutely with the individuals, and not with the banks like the fiat type currencies.
• When there is an inflation, the Bitcoin is not affected. But the Fiat type currency will be easier to lose and get affected by it.
• The Bitcoin currency is easy easier to exchange and transfer as compared to the fiat or government currencies.
• The transaction fees involved with the Bitcoin are way cheaper and easily affordable.
Crypto currencies seem to be a favorable option among the people
The fiat type currencies are the centralized and legal way of exchanging money. But, the crypto currencies have acquired immense popularity in the past few years. There will never be anyone who would act as a middle man, like the case with the banks. Moreover, the cryptos are way cheaper and less expensive that the conventional fiat currencies.
Send money anywhere directly without waiting for the bank’s approval
You can send money to anyone in the world directly, and it is super fast. The money gets cleared within a few minutes time. You don’t have to wait for the traditional clearing and verification processes of the banking systems, which might take up to several days to get a clearance. Since it is decentralized and doesn’t come under the law and regulations of the government, nobody has any power to do anything with your account.
The blockchain technology has a very big role to play
Thanks to the crypto currencies, that gives us the power and the authority to become our very own bank, and take control over our finances. It is because of the blockchain technology that offers a higher level of sophistication while dealing with the finances. In fact, there are some mainstream financial industries that have started incorporating the idea of the technology.
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/crypto-currency-vs-fiat-currency,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Are You Choosing the Right Stock Market Advisory Company</title>
<link>https://hrxcgms.info/are-you-choosing-the-right-stock-market-advisory-company,html</link>
<comments>https://hrxcgms.info/are-you-choosing-the-right-stock-market-advisory-company,html#comments</comments>
<pubDate>Mon, 12 Sep 2022 10:35:11 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[financial]]></category>
<category><![CDATA[help you]]></category>
<category><![CDATA[planners]]></category>
<category><![CDATA[point]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=46</guid>
<description><![CDATA[What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, [...]]]></description>
<content:encoded><![CDATA[What do you do if you want to learn driving a car? You will try to find an expert teacher, isn’t it? You do not want to avail the services of a novice individual to help you out, but a professional person can provide you the vital tips and most importantly guide you efficiently. Similarly, when it comes to investing in the stock market for the first time, you require a knowledgeable advice to attain your financial goals and get profitable returns.
If you are a beginner, then it is quite obvious that you may be having no information about the process of buying the right shares in the market. In such a situation, getting the right tips from an experienced financial advisor or a registered advisory company will truly prove to be a great blessing in disguise. However, there are some of the important things that have to be kept in mind while choosing the top stock market advisory company, which are as follows:
How much assistance do you actually require?
Before you make up your mind to hire an advisor, it is imperative that you must first decide about the kind of service you require from them. You may need their help at the beginning or during the time of any issues. This is because an advisor has to formulate a map according to your requirements. Hence, it is suggested to ascertain your needs first and then take further action.
Choose a top ranked advisory company
It is a very important point that has to be taken into the consideration. Availing services of the well known advisory company or a financial advisor is an absolute necessity. Make it a point to carry out a proper background or research work about the company. Check out their credentials, reputation, experience, etc before hiring them.
Asking for a sample financial plan initially makes sense
When hiring a financial advisor, then do not forget to ask for sample plan first. It is imperative to note that there is no such thing called the perfect plan. A sample plan will help you to determine whether an advisory company is actually making sense according your requirements or not.
Conclusion
The financial planners or advisory companies can really turn out to be the greatest asset for you if you choose the best one. They are just like the professional sailors who can help you out to sail through stock investment related problems quite efficiently.
Deepak is a financial advisor who likes to provide quality tips to the people facing any issues with regard to investing in the stock market. He likes to keep himself updated about the stock market by reading articles, news and blogs, etc.
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/are-you-choosing-the-right-stock-market-advisory-company,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
<item>
<title>Fear and Greed in the Market</title>
<link>https://hrxcgms.info/fear-and-greed-in-the-market,html</link>
<comments>https://hrxcgms.info/fear-and-greed-in-the-market,html#comments</comments>
<pubDate>Mon, 12 Sep 2022 10:33:26 +0000</pubDate>
<dc:creator>admin</dc:creator>
<category><![CDATA[Uncategorized]]></category>
<category><![CDATA[company]]></category>
<category><![CDATA[indicators]]></category>
<category><![CDATA[investors]]></category>
<category><![CDATA[Market]]></category>
<category><![CDATA[technical]]></category>
<category><![CDATA[trading]]></category>
<guid isPermaLink="false">http://hrxcgms.info/?p=44</guid>
<description><![CDATA[Greed and Fear. Two Emotions that play a bigger factor in the success or failure of humans than any other emotion we experience. Both fear and greed refer to an intrinsic emotional state. Tens of Millions of dollars have been made and lost based on these 2 emotions alone. In trading, in business and in [...]]]></description>
<content:encoded><![CDATA[Greed and Fear.
Two Emotions that play a bigger factor in the success or failure of humans than any other emotion we experience. Both fear and greed refer to an intrinsic emotional state. Tens of Millions of dollars have been made and lost based on these 2 emotions alone. In trading, in business and in relationships. So why do so many educational courses, stock trading books and online courses avoid this topic all together?
Perhaps they are not avoiding the topic of emotions, Perhaps by teaching certain methods and skill sets to their readers they are in fact dealing with the emotional side of trading head on!
It is well known that emotions create a certain amount of pleasure or displeasure. It is also known that emotions are networked with mood, frame of mind, desires and passions. The list goes on… So how do we as individuals develop a skill set to navigate these emotions in business in trading and in life?
Charles Darwin argued that emotions actually served a purpose for humans and rightfully so, If our emotions have been evolving for over 2 million years. Should we not be using these amazing skills to our advantage rather than placing blame on them for poor decision making? It is my belief the poor decision making has nothing to do with emotions and everything to do with laziness and lack of planning.
A Lesson From One of the Greats!
I would be doing my readers a disservice if we did not mention the strategy of Warren Buffett. One of the most successful investors of our time. Warren Buffet stuck to his strategy and profited greatly. Warren Buffett showed us just how important and beneficial it is to stick to a plan. When deciding whether or not to invest in a company himself, Buffett and his partners follow a few simple guidelines, one of which involves trying to determine the company’s longevity.
As the market becomes overwhelmed with greed, the same can happen with fear. When stocks suffer large losses for a sustained period of time, the overall market can become more fearful of sustaining even further losses. But being too fearful can be a grave mistake. It is precisely at this time successful investors and traders alike make their move. This is where the real money is made.
Just as greed dominated the recent Cryptocurrency boom or fear dominates the headlines on potential trade war outcomes, investors quickly move around from one “secure” investment to another. It becomes a constant game of cat and mouse.
This flooding in of money to the stock market shows a complete disregard for many technical indicators that continue to scream a correction is inescapable. Retail Investors seem overjoyed with the flooding in of headlines that read ALL TIME HIGH. Should retail investors be overrun by fear of a major correction?. Granted, losing a large portion of your retirement portfolio’s worth is a tough pill to swallow, but even harder to digest is the possibility of missing out on the massive gains the market is currently offering investors of all experience levels.
Having a clear understanding of my own personal goals, a understanding of my success and creating a list of my OWN wants and needs rather than taking dreams of others and trying to reach them has been a colossal factor in putting out the greed flame in my own trading and daily decision-making.
I have also added a link of “Must Read” Books that have been advantageous in my journey of reigning in my emotions on decision-making. I will update this as I see fit..
One method I have found to be helpful is to be careful on how I measure success, wealth, goals and most importantly happiness. It is far to easy these days to allow outside influences affect our happiness and success. Social media blasts us day in and day out with the success of others.
]]></content:encoded>
<wfw:commentRss>https://hrxcgms.info/fear-and-greed-in-the-market,html/feed</wfw:commentRss>
<slash:comments>0</slash:comments>
</item>
</channel>
</rss>

If you would like to create a banner that links to this page (i.e. this validation result), do the following:

Download the "valid RSS" banner.
Upload the image to your own server. (This step is important. Please do not link directly to the image on this server.)
Add this HTML to your page (change the image src attribute if necessary):

<a href="http://www.feedvalidator.org/check.cgi?url=https%3A//hrxcgms.info/feed"><img src="valid-rss-rogers.png" alt="[Valid RSS]" title="Validate my RSS feed" /></a>

If you would like to create a text link instead, here is the URL you can use:

http://www.feedvalidator.org/check.cgi?url=https%3A//hrxcgms.info/feed

Home · About · News · Docs · Terms