Archive for the ‘Finance News’ Category

Online merchant systems

No Comments » | Posted by Jacob ONeill
Jan 14 2014

There are many fundamental things required to make a success of an online system designed for selling products and services to the public.

However, none can be considered to be more basic in terms of achieving success than being able to offer your customers the ability to pay online.

Customers’ requirements of an online merchant

Although discussions in this area are often couched in complex business language and intellectual structures, in reality the position is very simple.

From our own experience of shopping online, most of us know that there are certain fundamental things we look for when we are trying to buy something:

  • comprehensive information about the products and services on offer;
  • extensive high-quality images of the same – where appropriate;
  • a description of issues relating to customer service , quality and at least some reference to the integrity of the provider;
  • the ability to pull our requirements together easily and efficiently into some sort of final but comprehensive shopping basket – i.e. it ne

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5 surprising reasons you might want life insurance

No Comments » | Posted by Jacob ONeill
Jan 09 2014

This post, written by Alden Wicker, is from our partner site LearnVest.

Who depends on you for support?

If we’re talking about emotional support, you can probably tick off a quick list. But when it comes to financial support, the picture gets murkier.

According to a survey by LearnVest and Guardian Insurance, almost one in five respondents said they didn’t need to worry about getting their own life insurance because their spouse is covered.

But they’re wrong. And even if you’re single, or sure you don’t need life insurance, you may want to think again.

Below, we’ll explore five times people depend on you, and how life insurance would help if something were to happen to you.

1. You Have Children

The most common reason people get life insurance is to replace lost income, so that a spouse and children would be financially taken care of if either parent were to pass away. Your children aren’t dependent on you for just food and shelter. Here are some other ways they rely on you financially that you may not have thought of:

  • Housing: Your children likely depend on you to pay the rent or mortgage. If you were to pass away, your kids’ lives could be upended again, when they have to move into a more affordable home, or even in with a relative. Buying life insurance would help them, and your spouse, maintain the lifestyle they know.
  • Childcare: Whether you’re a full-time parent, or work full time and pay for childcare, life insurance is key. If something were to h

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Update for Macraes Goldfield

No Comments » | Posted by Jacob ONeill
Jan 06 2014

OceanaGold Corporation announces that the Board of Directors has approved a new mine schedule for the Macraes Goldfield located in the Otago region on the South Island of New Zealand.Oceanagold Provides Update for Macraes Goldfield in New Zealand And Announces Full Year 2014 Production Guidance And Hedging for 2014 And 2015

OceanaGold Corporation announces that the Board of Directors has approved a new mine schedule for the Macraes Goldfield located in the Otago region on the South Island of New Zealand.

As a result of the prolonged and sustained drop in the gold price, the Company has re-optimised the Macraes mine plan to further reduce costs in order to sustain operations. The new mine plan includes a reduction in the total material movement schedule in the open pit resulting in lower equipment usage and a reduction in operating and support staff requirements over the next two years.

Based on the approved mine plan, the Frasers 6 open pit cutback has been redesigned and a smaller cutback is planned to commence in the second half of 2014. At the current gold price, the Macraes Open Pit has a mine life until the end of 2017 and the mine life for the Frasers Underground mine is to mid-2015. The new life of mine plan has resulted in a reduction in the gold production over the remaining life of the Macraes assets.

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One in 11 people worry they can’t pay rent

No Comments » | Posted by Jacob ONeill
Jan 02 2014

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One in 11 people fear they will not be able to pay their rent or mortgage in January, according to charity Shelter.

Some 9pc of more than 4,000 people surveyed said they worried about whether they will be able to keep their home.

Families were the worst affected, with around 70pc of rent or mortgage payers with children struggling or falling behind with payments, compared with 63pc of the general population.

More than one in three people expect to struggle or fall behind with their rent or mortgage over the next 12 months, the research found.

Campbell Robb, chief executive of Shelter, said that despite recent signs of an economic recovery, high housing costs, wage freezes, and rising food and energy bills had created a “nightmare scenario” for many families.

He said: “It’s a worrying sign of the times that so many of us are starting the New Year worried about how they’ll pay their rent or mortgage in 2014.

“Unless they get help, some of the families struggling now could face the very real prospect of losing their home this year.”

Shelter warned of a worrying “ostrich effect” of people being unable to face up to their financial difficulties, with 18pc saying they had not opened post if they thought it was a bill or late payment reminder.

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Finding the Prophets

No Comments » | Posted by Jacob ONeill
Dec 29 2013

Is there predictability in the stock market in social media? Igor Gonta of Market Prophit believes so, and has introduced a new feature to his company’s website that helps you find financial bloggers who have crystal balls that are polished …

My credit cards fund my luxuries

No Comments » | Posted by Jacob ONeill
Dec 21 2013

We bought our first house three months ago. We are very slowly furnishing our home, and our credit cards are paying for it. No, I do not mean we are putting all the expenses in our credit card. We are making our own furniture and every single tool required to make the furniture and the wood we have bought for free, thanks to our credit card rewards!

Previously, I used different credit cards for different types of purchases to accumulate as many rewards as possible. Between my husband and I, we managed to accumulate more than $3,000 in gift cards. There was a price to pay of course. My husband was beyond confused, so eventually I had to restrict myself to just two credit cards.

Why gift cards? Because I have not been considering credit card rewards as part of our budget or savings and have been designating them for pure luxuries, stuff I wouldn’t normally buy with our budget.

How do you use your rewards?

Hopefully you are using your rewards promptly. According to recent research by J.D.Power & Associates, 41% of credit card users surveyed didn’t fully understand the rewards their cards carried. One-third of the customers indicated that they were not even aware of any benefits associated with their card. For someone strategically squeezing the program to its limit, this almost hurts. How many points are getting wasted? It really pays to take some time to study what your credit card rewards can do for you.

Paying for luxuries or items not in your budget: This is my current favorite way to redeem the points. I u

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