When to Get a Stock Secured Loan

One of the biggest ways that the credit crisis of the mid 2000s impacted the average consumer is by drastically increasing the requirements needed to qualify for a personal loan. While traditional banks are no longer able or willing to provide unsecured consumer loans as often as they used to, there are still ways for consumers to obtain loans that they need.

One way that a consumer can get a loan is by taking out a loan from a specialty finance company. One specialty finance company that has been providing loans to consumers and small businesses for over a decade is Equities First. This company provides a unique type of loan in which they take a stock portfolio as collateral. In the event that the loan goes into default, they are then able to liquidate the collateral to pay off the loan. Since the company has a great form of liquid collateral, they are able to offer very competitive interest rates and fees and learn more about Equities First.

Taking out this type of loan can be a great idea for people who are in a number of different financial positions. One situation where taking out a stock secured loan make sense is when a borrower wants to delay or reduce their tax liability. Depending on how long you have owned a stock, it could cause a big tax liability to sell. In many cases, it makes far more sense to take out a loan against the stock, pay interest, and later sell it when the tax liability is lower.

Depending on your investment objectives and strategy it also may be a good idea to wait to sell. If you believe that a stock will increase in value in coming years, or will pay a nice dividend, it may make more financial sense to take out a loan then it would to sell and more important information click here.

Jason Hope Predicts Massive Investments In Internet Of Things

Jason Hope, one of Arizona’s most successful tech entrepreneurs, has long predicted that the Internet of Things will be one of the most important developments in the last 100 years.

By 2020, says Hope, the Internet of Things will have seen a total of $6 trillion in new investment. Hope believes that the number will only grow from there, as companies begin to realize the gigantic anticipated gains in efficiency that the coming technologies will offer.

Read more on Medium.com.

Hope realizes that there are double-edged aspects to the mighty sword of technological innovation. For example, he freely admits that many truck drivers, a job that employs nearly a full 3 percent of the U.S. workforce, will become permanently unemployed. But Hope sees this as a completely surmountable problem. He believes that, as workers become unemployed, things like forced maximum work hours and the universal basic income will start coming in to pick up the slack that underemployment leaves in many people’s lives and budgets.

Jason Hope also believes that the benefits will far outweigh the costs. Just in the case of automated delivery vehicles, Hope sees the efficiency gains as being so massive that the price of consumer goods will likely fall across the board for everyone. Hope notes that one of the reasons inflation has stayed relatively low in the last few decades is that the price of many consumer goods has fallen dramatically. This has occurred even as costs like healthcare have gone up by 10 times or more, adjusted for inflation. Hope says these developments will continue staving off inflation indefinitely.

Find more about Jason Hope: https://www.business.com/articles/jason-hope-iot-security-problems/