Archive for May, 2014

Obama Makes Unannounced Trip To Afghan, Says War Will Come To An End

obamaPresident Barack Obama made a surprise trip to Afghanistan on the eve of Memorial Day, as his administration plans to end the country’s longest war at the end of 2014.

End Of War

Obama was cheered by soldiers during his trip to Bagram Airfield outside Kabul.

“By the end of this year… Afghans will take full responsibility for their security and our combat mission will be over. America’s war in Afghanistan will come to a responsible end.”

Obama thanked U.S. troops in Afghanistan for their fight to protect America and promising to repay the sacrifice with lifetime commitments.

Security Agreement

Combat troops are expected to leave the country by year’s end.

However, Obama is seeking to keep a small number of soldiers in Afghanistan beyond 2014 to train Afghan security forces and conduct counterterrorism missions. That plan depends on the next Afghan leader signing a bilateral security deal.

Obama clarified that America would remain committed to Afghanistan if the incoming leader approved the security deal.

May 27, 2014 at 3:19 amDirect Service

The Banking Wheel: Catching the Downturn

propertyThere are many banking and financial terms that are hard to understand and scary for many people. But a term that most people understand is property foreclosure, and it’s never a welcome word for anyone’s ears. Nobody wants to lose their home, but it happens and nobody is happy, no, not even the banks.

Foreclosures Are Bad

Just imagine this, you loan your neighbor a hundred dollars to buy a nice coffee maker, somehow they can’t pay you back and they give you the coffee maker. But you already have a nice coffee maker; the second one just takes up space on the kitchen counter. The only recourse is to get rid of it, and nobody’s going to buy a used coffee maker at retail price. So say good-bye to a significant portion of that hundred dollars, because you’ll never see it again.

The longer a bank holds foreclosed properties, the longer it needs to maintain those properties to keep resale value as high as possible, and recoup the loss they incurred on the loan. Obviously, not all situations are similar to the one above because of interest. But generally, banks want you to keep your home, since it means they get their money back.

Foreclosures Are Good

All of this paints a sour picture on foreclosures, but there is a bright side to it. For every bank that loses some of its starting loan money, there’s a homeowner lucky enough to have money at the right time, and is able to buy a house at a lower rate.

The house buying game is all about timing, and knowing when the time is right to open the house fund for maximum savings. But this is incredibly difficult because of the fast and unpredictable nature of the market. In order to catch a home at a lower rate, a prospective buyer needs to wait for the downturn that’s inevitable in all market cycles. The only problem is, everybody else is working to prevent that downturn and keep the cycle on the upturn for as long as possible.

There’s always two sides to a financial situation, and even the most negative stories can still have its positives. It’s just a matter of looking at things the right way, and making moves to make the best of any situation.

May 20, 2014 at 7:07 amFinance

What To Do With Back Coins?

gold coinsWhen cleaning your storage room, it may seem like you found a treasure chest after opening a bag of old, or even pre-historic coins. You will surely become fascinated with them, but you may begin to wonder what to do with them.
Here are some ways you can do with these coins:

Sell Them To Coin Collectors.

If you have bags of old coins, you can go to authorised coin collectors or dealers of gold bullion in the United Kingdom. Accredited dealers can give you an excellent trading schemes at competitive price range. You can also try investing in gold bars in the UK with your profit from back coin trading.

Create A Piece Of Art.

If you want to keep them instead, you can create an artwork made with back coins. You can create a picture out of different coins, or make a decent floor finish made with coins. You can redecorate your office table at home with coins beneath the glass as well. This will let you imbibe an artistic and nostalgic ambiance in the room.

A Florida-based Israeli artist named Niso Maman sculptured an image of a nude female with brightly shining Israel agorot coins. The artist has also used unusual and intriguing objects such as nails, key and even tumbled glass, in his other works.

Be A Coin Collector Yourself.

You do not need to put up a business for this. You can simply keep back coins and a few of the current ones in your storage cabinet. You might be needing them in the future, or when it is time to tell stories to your grandchildren. You can teach them the lessons of the time by recounting the history through your coin collection.

Turn Your Back Coins Into Pieces Of Coin Jewelry.

As trends normally reoccur, coin jewellery items are in the market again. You can join in the trend, by recycling your UK pennies, and turning them into one fine piece of coin jewellery that you can wear in casual and formal clothes. This might require a bit of work and shelving out of money, but a classic coin necklace is worth the money and effort.

Old things can be reinvented into something useful and profitable, but make informed decisions. Are you trading them for profit or are you tailoring them to make fine pieces of jewellery?

May 19, 2014 at 6:12 amFinance