5 mistakes to avoid when investing in a high dividend ETF

5 mistakes to avoid when investing in a high dividend ETF

Exchange-traded funds (ETF) have been gaining popularity in the investment sector for some time now. Along with mutual funds, they have been one of the most preferred investment options among investors. With investors having pumped in billions of dollars in ETFs by now, these funds sure seem like a lucrative investment avenue. However, financial experts suggest treading this path carefully so as to avoid unforeseeable losses. Here are a few mistakes that you can avoid while investing in high dividend ETFs: Overlooking long-term investment Looking at long-term goals is the golden rule when it comes to any type of investment. However, seasoned investors invest in ETFs on a short-term basis through a type of trading called intraday trade. This type of trading allows the investors to buy and sell stocks and other investments on the same day. However, if not thought out carefully, investing in high dividend ETFs through intraday trading can result in lower returns and higher trading costs. Buying an ETF simply based on its name This is one of the most common mistakes people make when investing in high dividend ETFs. Investors may think that an ETF’s name provides an insight into its investment reach, i.e., whether the ETF has local or/and global investors.
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Triple Net (NNN) lease – Pros and cons, and how to find NNN properties for sale

Triple Net (NNN) lease – Pros and cons, and how to find NNN properties for sale

Those who work in commercial real estate know that the triple net lease or, commonly called, NNN lease is only becoming popular by the day. Despite the popularity, the NNN lease is still frequently misunderstood by many commercial real estate professionals, and of course, the general public. So, let’s better understand the triple net lease, its pros and cons, and look at how to find NNN properties for sales. What is a triple net lease? A triple net lease or an NNN lease is a type of lease agreement in which the tenant agrees to pay for all operating expenses associated with a property and the rent cost. Each “N,” or “net” in triple net designates one operating expense category that the tenant is responsible for. The operating expenses of commercial properties include real estate taxes, building insurance, and maintenance. To understand more clearly, in a single net lease agreement, the tenant agrees to pay for one of the above expenses. Likewise, in a double net lease agreement, the tenant agrees to pay for two of these expenses. So, a triple net lease agreement means that the tenant is responsible for all three property expenses. NNN lease pros and cons Pros A triple net lease can be beneficial for both owners and tenants.
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6 mistakes to avoid before taking personal loans

6 mistakes to avoid before taking personal loans

Personal loans allow people to make more significant and long-term investments, whether it’s a vehicle or a home. But with the host of lending options available, getting a loan can seem complicated. Every loan offer is different in terms of interest rates, loan conditions, flexibility, and fees. Since a significant chunk of one’s hard-earned money goes into loan repayments, making a hasty decision can be unwise. Here are some of the most common errors one can avoid while taking loans. Accepting unreasonable repayment terms Any lender requesting an excessive amount of advanced payment or an unreasonably high rate of interest should ideally raise a concern. Interest-free loans usually come with high admin fees, which can result in a significant repayment amount. One can inquire about the percentages of loan-origination fees and actual interest before taking on such an offer. Not checking one’s credit score Approval of one’s loan application and the rate of interest depend mainly on one’s credit score. So it’s advisable to evaluate one’s credit report and get any discrepancies sorted out with previous lenders before applying for a loan. A low score can get one’s application rejected and further bring down the score. Not comparing lending options and overlooking fees One is advised to research and compare one’s lending options thoroughly.
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6 mistakes to avoid when using credit cards

6 mistakes to avoid when using credit cards

Credit cards are a great way to earn rewards, enjoy benefits, and build credit, but they can also be dangerous if misused. Poor usage can damage one’s credit scores and lead to penalties and high-interest rates due to the lack of timely payment. In fact, it is common to forget the pitfalls of credit cards when using them. So here are a few credit card mistakes to note to avoid falling into a debt cycle. Credit card mistakes to avoid Paying the minimum amount Paying only the bare minimum amount due each month will help one avoid late fees and other penalties. However, it causes interest to be added to the balance, making it more difficult to pay off later. It can be difficult and time-consuming to pay off the balance with high-interest rates. Thus, individuals are recommended to create a payment plan to aid in the management of funds and the timely payment of bills. Overspending Credit cards are relatively easy to use, which can lead to people easily overspending, especially when purchasing online. It is difficult to understand expenses when purchasing products online. Some good practices to follow include keeping credit card usage under 30% of your budget and only using a credit card for monthly budget expenditures that are easier to pay off before the monthly billing cycle ends.
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7 mistakes to avoid while filing taxes online

7 mistakes to avoid while filing taxes online

Filing taxes is a complicated process, due to which several individuals make mistakes while filling out their forms. Though making errors is normal, doing so on a tax form can cost a lot of money. People may miss out on a larger refund and even pay higher taxes, interest, and penalties. Some mistakes may also invite Internal Revenue Service (IRS) audits. Here are some errors one should avoid while filing taxes. Delayed submission When one delays the submission of their tax returns, they may have to pay an additional fee. This penalty can rise to 5% of the tax amount due for each month that the tax return paperwork is delayed. The penalty percentage may increase based on how long one takes to file their return. But if an individual does miss the deadline, rather than doing nothing, they can request an extension by filing Form 4868 before the tax-filing deadline to get more time. Entering the wrong Social Security number The IRS uses a social security number to verify information obtained from an employee against details provided by the bank, employer, and other establishments. Therefore, adding inaccurate Social Security numbers by accident may interfere with the filing process and lead to the claim getting rejected.
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7 mistakes to steer clear of when filing tax returns

7 mistakes to steer clear of when filing tax returns

It is rightly said that “a penny saved is a penny earned.” Every dollar saved today can contribute to a hassle-free and blissful future, allowing us to seamlessly fulfill our long-term financial goals. A sizable portion of our salaries is typically spent on paying taxes, contributing significantly to government revenue. Although paying taxes is every citizen’s responsibility, avoiding inevitable common mistakes can help taxpayers save money. Some such mistakes to avoid are: Not investing in tax-saving avenues Tax-saving investments can help investors avoid unnecessary taxation to help them work toward their long-term financial objectives. Several tax-saving and tax-free investment options are available today; selecting your tax-free investments should depend on your requirements, income levels, and goals. Municipal bonds, tax-exempt ETFs, and specific index mutual funds are highly tax-saving options. Additionally, some tax-free avenues to consider are 401(k)/403(b) Employer-Sponsored Retirement Plan, U.S. Series I Savings Bond, Health Savings Account (HSA), and 529 Education Fund. Waiting till the end moment to save taxes Many taxpayers commit the mistake of waiting till the end moment to begin considering tax-paying options. Such last-minute decisions often lead to large-scale one-time investments, which can affect one’s current financial needs and dissuade one from reaping the maximum benefits from tax-saving investments.
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12 surprising facts about COPD to know

12 surprising facts about COPD to know

Chronic Obstructive Pulmonary Disease, also known as COPD, is a well-recognized respiratory ailment that affects millions of lives worldwide. COPD, characterized by symptoms like chronic cough, shortness of breath, and reduced lung function, is a complex condition with multiple layers. While its core features are understood by many, an array of surprising and often overlooked facets surrounds this condition. This article delves into these lesser-known aspects of COPD to comprehensively understand the disease. Underdiagnosed and misdiagnosed cases One of the most surprising facts about COPD is the prevalence of underdiagnosed and misdiagnosed cases. According to the World Health Organization (WHO), more than 90% of COPD cases are estimated to remain undiagnosed. This is partly because early symptoms, such as coughing and shortness of breath, are often attributed to the natural aging process or other respiratory conditions. Additionally, many individuals with COPD do not seek attention until the disease has progressed significantly. Impact on mental health COPD not only affects physical health but also takes a toll on mental well-being. Surprisingly, individuals with COPD are more likely to experience anxiety and depression. The disease’s chronic nature and its impact on daily activities and social interactions may lead to isolation and sadness.
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7 lesser-known signs of multiple myeloma

7 lesser-known signs of multiple myeloma

Multiple myeloma is a type of cancer that primarily affects the plasma cells found in the bone marrow. Plasma cells typically produce antibodies to help the body fight infections. However, in multiple myeloma, certain plasma cells become cancerous and start to multiply uncontrollably, crowding out healthy blood-forming cells in the bone marrow. These cancerous plasma cells can produce abnormal proteins, which can accumulate in the blood and urine, leading to various health problems. Here are the lesser-known signs of multiple myeloma: Recurrent infections Multiple myeloma weakens the immune system, making individuals more susceptible to infections. However, this sign is often overlooked or attributed to other causes. Recurring or persistent infections, such as respiratory infections, urinary tract infections, or skin infections, can be an early indication of an underlying immune system dysfunction caused by multiple myeloma. The connection between multiple myeloma and infections lies in the disease’s impact on plasma cells’ production of antibodies. As the cancerous plasma cells multiply in the bone marrow, they crowd out healthy cells responsible for producing antibodies, impairing the body’s ability to fight infections effectively. Recognizing the link between recurring infections and multiple myeloma can lead to earlier diagnosis and treatment, which may improve the patient’s overall prognosis.
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9 tips for changing the oil and filter on Dodge vehicles

9 tips for changing the oil and filter on Dodge vehicles

Dodge is a famous automobile manufacturer with an excellent lineup of trucks and SUVs. While its vehicles are known for performance and durability, they must be maintained well. A fundamental aspect of car upkeep is changing the oil and filters regularly. Whether one owns a robust Dodge truck or a versatile SUV, understanding the nuances of oil and filter changes can help the automobile run smoothly and extend its lifespan. The function of oil and filters in a vehicle Engine oil is a lubricating fluid that circulates throughout the engine to reduce friction between moving parts, dissipate heat, and protect against wear and tear. The oil filter is responsible for removing impurities and contaminants from the engine oil. The filter is replaced during routine oil changes to maintain its filtration capabilities. Tips for changing oil and filters in vehicles Oil and filters play crucial roles in the vehicle’s engine, ensuring it operates efficiently and remains in good condition. If one follows these tips, it will not only ensure engine longevity but also contribute to better fuel efficiency and reduced emissions: Use the right tools and materials Before starting, it’s important to gather all the right tools. One will need an oil filter wrench to remove the old filter, a container to catch the old oil (like an oil drain pan), a set of sockets or wrenches, a funnel to pour in new oil, a new oil filter, and the right type and sufficient amount of oil.
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25 signs and symptoms of pneumonia to know of

25 signs and symptoms of pneumonia to know of

Pneumonia is a common respiratory infection that can affect people of all ages, causing various symptoms that vary in severity. At the same time, many are familiar with the hallmark signs such as fever and cough, shortness of breath, chest pain, and numerous other indicators that can point to pneumonia. This comprehensive article thoroughly explores pneumonia’s signs and symptoms, helping individuals recognize the condition early and seek appropriate medical care. Fever Fever is one of the most prevalent symptoms of pneumonia. It typically presents with a high body temperature, often exceeding 100.4°F (38°C). Fever is the body’s natural response to infection and signifies that the immune system is actively fighting the pneumonia-causing pathogens. Cough A persistent cough is another hallmark symptom. It can produce different types of mucus, including yellow, green, or bloody. The cough may be accompanied by chest pain or discomfort ranging from mild to severe. Shortness of breath Many individuals with pneumonia experience shortness of breath, particularly when engaging in physical activities. This symptom occurs due to the inflammation and infection within the lungs, making it challenging for the respiratory system to function optimally. Chest pain Chest pain is often described as a sharp or stabbing sensation typically felt on the side of the affected lung.
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