Mortality is a scary thing to contemplate. But sooner or later, we all have to shed these mortal coils. One of the things that most people don’t really do is leave their affairs in order. This leaves behind unnecessary complications for our family and friends; land can get caught up in probate, and money can get stuck in banks behind rule- conscious managers. The best way to ensure that whatever you possess is passed on to the right people is to leave instructions in a will. Sometimes, merely leaving money won’t be of much value since the exchange rates are rising, so let’s look at a few alternatives.
Everything that Glitters IS Gold
Authentic jewellery is the one thing that is guaranteed to increase its value in time, or at least to return to its original value. This is especially true of gold, while other precious metals like silver and platinum also hold high value. Precious stones like sapphires and emeralds can hold high value if cut and polished properly, and antique jewellery such as cameo brooches or chokers have collective value as well. You can also buy jewellery that is backed by a designer label which is added value and an insurer’s dream so that your legacy will have more weight that way.
Home, Home on the Range
Maybe not on the range, but property is another asset that will not see a dip in value unless the high prices are created artificially through a bubble, or the land/ house is stuck in the middle of nowhere. Investment property is a wonderful legacy to bequeath instead of simply money as the receiver can continue to hold on to it as an investment, sell it or develop it, or live in it. Old houses that need a bit of repair make excellent independent property investment advice Melbourne as they are cheaper due to the fixer- upper but have solid foundations that can weather change. Not to mention that old houses have a charm of their own.
Stocks, Bonds and More Money
This is a risky investment to leave as a legacy as the fortunes of the stocks you bought can change several times before it is passed on. There are however, several steps you can take to ensure that you invest in the right company, such as speaking to professionals, reading up and studying the stock market, as well as backing a winning horse; most bankruptcies don’t come out of nowhere. Leaving a sizeable stake in a business that makes money is a wonderful legacy, especially as it is not just money, but a source of income that is potentially limitless.
If you are someone who lives off of music then you might need to have the proper tech fix to make the total effects of listening to your favourite songs. The newest technological inventions will actually be of help to you in this aspect as there are some new gadgets that will make your dreams come true.
● Roku LT
The Roku brand is the best in the speaker world, with the newer inventions being seemingly something of an unrealistic realm. The newest invention of Roku LT has wifi and streams Netflix, Hulu+, Crunchyroll and other online video and TV show streamers. Roku LT is the cheaper of the Roku product line and comes up to only $50 a box.
● Klipsch lightspeaker
Coming up to a price tag of $599 per set and $249 each speaker, the Klipsch speakers are a marvel. The speakers can stream music wirelessly while providing light to your room. These speakers are the best bedside light/music solution for the nights you cannot seem to fall asleep. There is a remote and also a plug in box for your smart appliances. This product is buyer advocate Melbourne group recommended for multitasking.
● Logitech wireless speaker
Streaming your favourite radio stations and favourite songs through the speakers using WiFI as its resource to grab the songs and radio stations, this Bluetooth enabled wireless speaker can also stream movie and game sounds. The price is only $39.99 and is a good alternative to TV’s inbuilt sounds system.
● iHome iDM8
This tiny speaker set packs a punch even though it fits in your palm. The portable rechargeable Bluetooth speaker set works on wireless platforms and is only $50 a piece. You can take this on your car or when you are going abroad and you feel like you need something to keep your loneliness away.
● LG Tone Bluetooth stereo headset
Even though there are tons of solutions for portable headsets and the best are known to be sennheiser, the LG is a better alternative to those who do not want to spend a whole paycheck on their earphones, according to buyer advocate groups. Priced at only $47, these can be bought at Amazon and other online stores and it can also connect to your smartphone to allow you to take that call. You can also put it in vibrate mode to know that a call is incoming if you do not want it streamed to your headset. You can go online and get the best deals for any of these products, and keep a lookout for online sale events to grab a fancy deal.
Finding an investment property is not hard at all. After all, you can buy any random home and rent it out. Chances are you will recover your money. Besides, tenants will indirectly pay for the mortgage anyway. However, an investment property is supposed to provide more than that. You do not just want to recover your money, but to make money. Therefore, you have to look for cost efficiency. You need to buy a property under the market value, give it the opportunity to gain value and make money by renting it. Rental costs should cover the mortgage and provide an extra income as well.When looking for investment properties in Perth, pay attention to a few general considerations. Natural disasters are some of the first things to look for. Keep in mind that the more exposed the area is, the more trouble you will face in the long run. As if all these were not enough, insurance will also be higher. Think about all these upfront. Do the math and determine if you will actually come up with a profitable result. Ideally, you should avoid such areas. Of course, living close to a volcano that has not erupted in a century is not going to expose you to too many financial risks. For more info about dual income properties, visit http://www.directpropertynetwork.com.au/dual-incomeDouble-check the listings and vacancies before buying. If you can find a lot of properties for rent, the respective neighborhood is probably exposed to a seasonal cycle. For example, when buying close to a university, students will usually go home during the summertime. If you can still spot an unusually high amount of rental properties, it has probably gone bad too. Identify the reasons before spending your money. Maybe the crime rate has gone up or perhaps a big corporation has relocated from the area. Remember that high vacancy rates will force you to keep the rents low. On the same principle, if you can barely find any rental rates, you will probably be able to raise the rates a little.Finally, you probably know already that rent will be the soul of your rental property. You need to analyze the costs in the area. Find out how they have evolved over the past years too. The rent should cover the mortgage, maintenance expenses and taxes. If it cannot, you should keep searching. If not sure about the price evolution, you can get in touch with a real estate agent. Plus, think about the future plans too. Is there a hospital scheduled for construction within the next years? How about a large corporation that plans to move in?