What is annuity

annuity is a form of payment made to a person usually a retiree that is scheduled for a particular time usually monthly or yearly, the payment may be a long term or a short term process up until lifetime.

President Obama Speech about bp

     Yesterday president Obama addressed the nation about how he will deal with the oil leak. The disaster has begun for months now and it has been a major test for the office of the president, many has used this opportunity to criticize the president on how he is able to handle situations, a lot of this offensive words came from republicans who are ready to do anything to make the democrats look as bad as they did when the bush era was in government. The president promised to take action although he does not know where to start or how things will play out but he promise that the clean up will continue and BP will close the oil drilling in the golf of Mexico, he also mentioned that it is time for America to tap into our rich natural oil and that he will make sure that all the businesses affected are compensated. We believe that the president did what he could to please the people of America, but in a nation where every one has something to say and we have this motion of dislike for some reason that aren't partaking to the problem being solved, in that case it will be a hard job for Mr president to get over, infant this may cost him the reelection, we all know how the republican love to hang on to negative ads, it will be easy to foresee this type of campaign for the next presidential election.

how to pick the right college.

Written by http://investingport.com/ staff       
 Graduation does not stop in high school, it continued trough out life. A bridge to cross that is very important is the college bridge, it is not an incidence that many have failed in college, according to polls majority of college freshmen do not get to graduate because they choose the wrong college, failed to study, fail to go to class regularly, and lack of study skill. We recently found out that most college applicants do not know why they are even going to college because parting and drinking has over shadowed the important reason for being in college.
        Why go to college to drink and party? if this is your habit, have you ever asked yourself that question? if you haven't you should, if just to have fun and do what you could not do at home are your first reasons to attending college then you are likely to fail college and be a college drop out; face the reality and get back on track.  Majority of college drop outs do not go back to college because of the system of punishment for getting kicked out of college, bad grades from partying too much, excessive drinking and failure to attend classes and lack of urge to study for exam early are the reason why most college student get put on probation, probation is a punishement give to any college student who's GPA droped below 2.0, the word probation isn't as easy as it sound to student, because it comes with a consequence of no financial aid fund for the following school year, therefore most student on probation who could not afford to pay for college tuition and board end up dropping out and unable to return to school. 
       Parents and guardians have a lot of work to do to ensure their children are successful in college, they must teach them how to study effectively at an early age, get them used to it, it will be a useful habits to get them trough college and they will appreciate it dearly. Pay them visits, have meetings with them with their college counsellors, calmly talk to them about the importance of graduating from college without using force. 
        In other to pick the right college, you must first know you are going to college to graduate and not to fail or get kicked out, after you have recognized and accept to do what ever it take to study and pass exam in other to graduate the next step is know what major you are interested in, find schools thaat are specialized in your major, research a couple of schools, see how much it cost to attend each schools you researched, make sure they are acredited then select your school of choice; don't go to college because your friends go there, got to school to work towards you career goal, once you find out your field of choice, be familiar with your college Seniors, know how they did it and how they manage to survive, if you ever allow our self to  asked them, they will tell you all they did was study, do all home works on time  and go to lectures. Have a study schedule and set a reminder on our door or on your phone let the phone ring to you to remind you to study, this will renew you awareness to why you are attending college.

How to get out of debt

June 12 2010 written by http://investingport.com/ staff        
The most common and stressful disease in the world right now is the master epidemic call "debt", debt is easy to acquire but hard to treat or get rid off, a lot of people that tried to eliminate debt found them self sinking in debt even more because of lack of strict plan to pay off the debt.  For anyone to be able to pay of their debt without filling a bankruptcy, they will have to be very carefully focused and dedicated to a new form of cheap life style; that is all that it will take to be successful at getting out of debt.
Cut off unnecessary spending.
        Majority of debtors still found them self sinking in debt because they are used to lifestyle of unnecessary spending. Unnecessary spending are money spent on things that are not needed for survival. Imagine spending over $100.00/week on coffee from Starbucks or other name brand coffee stations, couple of hundred dollars on fast food or lunch when you can easily save money by bringing your own lunch,
to catch up on debt you Must do the stick to the following steps so you can get out of debt fast.
*Make your own coffee or get free coffee at work
*Stop spending money on fast food, cook your own food
*Take lunch to work from home
*Eliminate all phone accessories fees
*Stop shopping for expensive clothes
*Cut down on drinking and have a budget for what you need to survive daily
*Follow the above advice and you will pay off your debt in little time.

How to start a business

June 12, 2010 written by http://investingport.com/ staff   
          Starting a business is very challenging, although it will depend more on the type of business that you are interested in,  the amount of funds you have to begin, advertising cost, the foundation of the business and sometimes the type of product or services that you have to offer.  
     The above points are the key factor to consider before starting a business, starting a business could be easy or hard. Anyone considering to start a business should first do their home work, get familiar with the product or the business plan, see what region or what area of market that the business you are planing on starting will be more successful at, know who your customer will be and how you will easily have your product and ads around your potential customers because this can save you a lot in terms of advertising so you are not marketing to a wrong crowd and as a result it will make starting your business more easier. When you do start advertising, track your ads performance, if you ads is not being productive, stop running it or reduce the amount you are spending on the less productive ads area and spend more money on the productive ads. See other business that are similar to the one you are starting, see how they manage to be successful and carefully follow their steps, this save you time and energy so you don't have to reinvent the wheels do the above and we assure you a successful business or do the hard way.

What is a budget line

A budget line is a line stating that the combination of commodities that a consumer can buy with a given income at a given Set of prices. Budget line is also called budget constrain

What is Adverse selections

Adverse selection is a type of market failure in which those people with the highest risk are the most likely to buy insurance. More broadly, adverse selection encompasses situations in which sellers and buyers have different information about a product, such as in the market for used cares and houses.

What is Ability to pay principle

The principle that one's tax burden should depend upon the ability to pay as measured by income or wealth. this principle does not specify how much more those who are better off should pay.

What is Arbitrage

Arbitrage is a purchase of a good or asset in one market for immediate resale in another market in order to profit from a price discrepancy. Arbitrage is an important force in eliminating price discrepancies, thereby making markets function more efficiently.

Spirit to lose money as spirit pilots Went on strike satuday morning

June 12 2010,
All flights are grounded today as spirit airline pilots went on a lawful strike because they could not reach an agreement with their employers. The Airline had to cancel all flight today promising their passenger full refund or credit flight, this will be a huge lose of money for spirit airline, they may be forced to be responsible for some disappointment that they Will cause their client, as a result we think their earning will be shot of expectations.