Do you want to know how to guarantee your Financial Future, do you want to learn how to collect numismatic coins and grow your assets?You might be saying, “What is Numismatics and why should I collect numismatic coins?”The word “numismatic” means the study and collecting of money. Numismatic coins are legal tender coins that are sought after by collectors. These include everything from the ancient coins used as currency from the beginning of civilization, to the official coins minted by the Roman Empire; all the way through to today’s modern issue silver and gold coins produced by the world’s government mints.Every hour 11 million numismatic coins change hands globally. Did you know that over 70% of all people worldwide have a coin collection.Now you’re probably rubbing your chin saying, “Yeah!! You’re right! I have my great grandfather’s coin collection that he passed down to my father, who passed it down to me. I’m saving it for my children.”So you ARE already a collector of coins, but are you a Numismatist. A numismatist is a coin collector that is very well learned on the right way to collect numismatic coins and which types of numismatic coins to collect. To collect numismatic coins and make it profitable, you must know what to collect.All coins worldwide are graded on the Sheldon Scale. This scale from 1 to 70, ‘graded’ silver and gold numismatic coins are not ordinary, they are special. The value of collectible numismatic coins is based not only on their precious metal content, but also on collector demand, actual condition and rarity. When they are certified and graded by esteemed experts that makes them more desirable valuable than ordinary, ungraded silver or gold bullion coins. A perfect numismatic collectible coin is graded an MS 70 coin or MINT State 70 coin. The top rating that any coin can receive.Over the years only a handful of companies have grown to become the trustworthy grading go to companies worldwide. These are the largest and most trusted coin grading services: ANACS, NGC, and PCGS. It is crucial to have one of these companies grading the coins that you are collecting or you might not actually be receiving what you thought you were. The greatest advantage is that graded coins are certified and ultrasonically encapsulated for presentation, long term value and preservation.In this day and age of Global Recession and Impending Economic Collapse, wouldn’t it be comforting to know that your assets were truly protected. Wouldn’t it be fantastic to realize that even if the Global Economy crashed, you would still have collectible assets that have become more valuable as time has passed?Over the last 50 years or so the price of silver and gold has continued to rise. Do you know that if you had a stack of 2500 paper dollars and a stack of 2500 silver coins in 1966; they both could have purchased you a new MUSTANG convertible. Today a stack of 2500 paper dollars would barely be enough for a down payment; but a stack of collectible silver coins could buy 3 of those same cars with money left over.When you collect Numismatic Coins, you are securing your financial future.We have all seen the stock market crash over and over again throughout the years. Our financial investments blow in the winds of the economic tide. The value of our paper money was condemned when President Nixon removed the Gold Standard in 1971. Our paper money was no longer valued in comparison to Gold and so has therefore lost its foundation. Precious metals like silver and gold are our hedge against a global inflation that has become unmanageable and unrealistic.Numismatics is the opportunity to learn how to make money, collect assets and secure your retirement, your children’s education fund and your financial future..
What Is a Commercial Bridge Loan and How To Get One
The commercial bridge loan act as interim financing and is used to quickly close on a commercial real estate property. These types of loans are also used to take advantage of an opportunity that is only available for the short-term or to save real estate from foreclosure. Bridge loans tend to be more expensive than the usual commercial financing options. This is because commercial loans are riskier than conventional loans.The term, “commercial bridge loan” generally applies to the use of the funds instead of the source of the funding or the guidelines that are imposed during the transaction. In a sense, all commercial loans can be bridge loans. However, normally, the term is associated with programs that fall into the unconventional realm of financing. A good example is when a borrower lacks enough cash equity in a business property; he or she could seek a commercial loan with a 14 percent interest rate and from 3 to 5 points. However, if he or she could make as much as a 30 percent down payment, the borrower might qualify for a conventional mini-perm loan from a bank at up to 3 percent over prime and one point.Interest rates for commercial bridge loans typically run from 12-15 percent. With terms of 12 months, from two to four points may be levied. The LTV (loan to value) ratios tend not to be greater than 65 percent for properties that have been classified as commercial.A first charge commercial bridge loan is typically available at a higher loan-to-value ration than a second charge loan. This is because of the lower risk level involved. At times, commercial bridge loans are closed, meaning that they are available only for a timeframe that has been predetermined. Alternately, they can be open, which means that a fixed payoff date has not been determined. In the latter case, a required payoff is usually set after a certain length of time, however.It is not uncommon for a property developer to obtain a loan while approval is pending for a required building permit. They can also be used by an already-existing business to enable that business to run smoothly during a transitional period between CEOs or other company officers. Additionally, they can be used to sustain a company from running out of money between successive private equity financing operations and to carry businesses that are in trouble while their owner(s) seek larger investors. Finally, the commercial bridge loan can be used as debt financing to maintain the business through the period right before an acquisition or initial public offering.Ideally, the financial institution that offers a commercial bridge loan will offer as much as 100 percent financing and additional collateral without requiring upfront fees. Borrowers should seek the lender who does not impose outrageous prepayment penalties and who has a full range of loan terms. There should be options for flexible extensions and the ability to make speedy decisions. Expect higher rates overall for the commercial bridge loan, but remember that they do have their advantages.
Posted in Finance
Tagged Commercial Loans, Credit, Credit Tips, Currency Trading, finance, Leases Leasing, Loans, personal finance, Personal Loans, Student Loans
Comments Off