Farm raising stock – Malcolm Blue Farm http://malcolmbluefarm.com/ Wed, 21 Sep 2022 08:00:00 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://malcolmbluefarm.com/wp-content/uploads/2021/10/icon-14.png Farm raising stock – Malcolm Blue Farm http://malcolmbluefarm.com/ 32 32 Launch of Easol Capital to provide fast and efficient financing that will bring a unique boost to the festival market https://malcolmbluefarm.com/launch-of-easol-capital-to-provide-fast-and-efficient-financing-that-will-bring-a-unique-boost-to-the-festival-market/ Wed, 21 Sep 2022 08:00:00 +0000 https://malcolmbluefarm.com/launch-of-easol-capital-to-provide-fast-and-efficient-financing-that-will-bring-a-unique-boost-to-the-festival-market/ LONDON–(BUSINESS WIRE)–Easol, a leading travel and experience commerce technology company, announces the launch of Easol Capital, a new tailored financing solution for festival organisers. Easol Capital will create a fairer, more flexible and transparent funding process that puts control back in the hands of festival organizers. EXISTING ADVANCED MODEL CHALLENGE: Finding capital can be difficult […]]]>

LONDON–(BUSINESS WIRE)–Easol, a leading travel and experience commerce technology company, announces the launch of Easol Capital, a new tailored financing solution for festival organisers. Easol Capital will create a fairer, more flexible and transparent funding process that puts control back in the hands of festival organizers.

EXISTING ADVANCED MODEL CHALLENGE: Finding capital can be difficult for SMEs in the events and travel sectors, as traditional finance providers are reluctant to lend post-pandemic. Difficulties in obtaining capital are compounded by the current cost of living crisis and ongoing supply chain issues, meaning having a reliable cash flow is more important than ever to securing the future of business. ‘a festival. Until now, some ticketing platforms have sought to fill this void by offering cash advances, but this comes at the expense of festival organizers. While advances are theoretically free, festival organizers have often been bound by contracts with punitive clauses regarding ticketing fees and long exclusivity, which limits organizers’ control over their own fees and booking data:

  • Big costs: With traditional cash advances, festival and event organizers are charged up to 15% of their total revenue, plus other fees.
  • Short steps ahead: Advances are usually only extended for a few weeks, which does not always correspond to the sales cycle of a festival.
  • Retained benefits: Above all, 100% of sales are sometimes withheld until the loan is repaid, which makes cash flow extremely difficult for festival organizers to manage.

BREAK ADDICTION: Easol Capital is a tailor-made solution for festival organisers. It is designed taking into account the festival’s sales cycle and allows organizers to regain control of their cash flow. Easol has partnered with specialist lending companies to provide easy access to finance – here’s how it works:

  • Fair loan terms: Loans facilitated by Easol Capital do not have an interest rate, but instead organizers pay a fixed fee which is a percentage of the amount borrowed, typically 5-12%, so the cost of the loan is always transparent and there are no hidden fees. To cover the cost of borrowing, the organizers can, if they wish, absorb the cost of the loan in their reservation fees.
  • Flexible repayment options: Refunds occur automatically as a fixed percentage of weekly sales and scale with revenue. So if sales slow down, so do refunds. Most loans will be repaid within 4-8 months, and organizers can prepay or easily access more capital if their circumstances change.
  • Quick and easy application process: Completing an application is free and only takes a few minutes. The organizers receive a decision within the day and, if approved, can withdraw the loan immediately.

The above is subject to the lending terms agreed with our festival organizers by our lending partners. Currently, Easol Capital can facilitate (subject to the festival organizer meeting our partners’ requirements) the provision of funding of £1,000-1.5 million to festival organisers, with loans currently underway in the UK UK and USA. There are active plans to increase loan sizes and enter most European markets over the next few months.

Ben Simpson, co-founder and CEO of Easol, explained: “We believe that festival and event organizers have not had the flexibility they need from many traditional ticketing platforms and funding solutions for far too long. We are very proud to launch Easol Capital to to be able to offer an alternative that works with organizers rather than tying them to terms that might not work for them in terms of cash flow and long-term flexibility.

Benjamin Sasse, co-founder of Meadows in the mountainscommented : “We got partner funding from Easol Capital in its beta stage, and it was a game-changer for our festival. The whole application process was so easy and we had the money in our bank within 24 hours. Having access to capital during this period is crucial for us in order to be able to pay people on time and manage our cash flow over the various stages of the festival. Easol is the only supplier in the market that offers the flexibility we need. They understand how the sales cycle works and have created a perfect solution.”

Easol will present the advantages of Easol Capital during its Showcase of festivals event broadcast globally on September 22, 2022. If you would like to learn more about Easol Capital, please sign up to speak to a member of our team here.

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Pieridae Energy: 2x FCF on lower balance sheet concerns https://malcolmbluefarm.com/pieridae-energy-2x-fcf-on-lower-balance-sheet-concerns/ Mon, 19 Sep 2022 15:30:00 +0000 https://malcolmbluefarm.com/pieridae-energy-2x-fcf-on-lower-balance-sheet-concerns/ Nalidsa Sukprasert/iStock via Getty Images Introduction Pieridae Energy (TSX:PEA:CA) is a natural gas producer in Canada that still goes unnoticed. It’s a strategy the company employed when it licensed an LNG plant on Canada’s east coast. to avoid attracting negative attention, but now Canada doesn’t seem too interested in building LNG plants on the east […]]]>

Nalidsa Sukprasert/iStock via Getty Images

Introduction

Pieridae Energy (TSX:PEA:CA) is a natural gas producer in Canada that still goes unnoticed. It’s a strategy the company employed when it licensed an LNG plant on Canada’s east coast. to avoid attracting negative attention, but now Canada doesn’t seem too interested in building LNG plants on the east coast (and licensing other plants has been an extremely slow process), so In this article, I will look at Pieridae Energy from the perspective of natural gas production. Now that the potential LNG plant doesn’t seem to be happening anytime soon, I’m only going to look at Pieridae from a “current” investment profile.

Chart
Data by Y-Charts

Pieridae’s most liquid listing is its primary listing on the Toronto Stock Exchange, where the company is trading with PEA as stock symbol. The average daily volume in Canada exceeds 300,000 shares per day. Pieridae currently has 158.2 million shares outstanding and at the current share price of CA$1.25, the market capitalization is just under CA$200 million.

A robust production profile

Pieridae’s primary business strategy was to obtain a licensed and operational LNG plant on the east coast. The company didn’t want to be too dependent on natural gas sales to third parties, so it slowly began acquiring its own natural gas projects in Canada before getting an LNG plant approved. This allowed Pieridae to build a sizeable natural gas production platform, which allowed the company to quickly improve its balance sheet thanks to very high natural gas prices in the first half.

Since I consider the average natural gas price of over C$7 to be exceptionally high for AECO gas (the current spot price is slightly above C$4 and on some days in August the spot price of natural gas even turned negative), I’m going to look at Pieridae from an H1 perspective.

Production rate

Pieridae Energy Investor Relations

During the first half, the average production rate was approximately 38,000 barrels of oil equivalent per day, and unfortunately Pieridae could not take advantage of the high price of natural gas because it covered part of its production. A prudent decision given that the balance sheet contains a working capital deficit as well as net debt (discussed later), but the average realized natural gas price of around C$4.35-4.40 is quite close to the current spot price and allows me to get a glimpse of the Pieridae from a more “normalized” revenue perspective.

The total income in the first half just exceeded C$254 million and after making the C$42 million royalty payments and receiving the C$14 million in third-party revenue, the total reported revenue came to just a little less than 226 million Canadian dollars. An increase of almost 50% compared to the first half of last year. Premium income already includes the impact of existing hedges.

income statement

Pieridae Energy Investor Relations

Total operating expenses increased slightly to C$192 million and, as you can see in the image above, financial expenses are quite high, exceeding C$50 million per year. This is mainly related to the debt position and the cost of debt.

Net income generated during the six months was just over C$335 million, which equates to C$0.21 per share. Around 2/3 of the first half net result was generated in the second quarter thanks to the high price of natural gas which – despite the existing hedges – contributed to boost the result.

Cash flow from operations was just over C$38 million on a reported basis, but after isolating changes in the working capital position and covering the C$0.8 million in lease payments, first-half adjusted cash flow from operations was approximately C$76. M As the company only spent C$13 million in capital expenditures, the underlying free cash flow was C$63 million. And again, that’s based on an average realized natural gas price of around C$4.35-4.40.

Cash flow statement

Pieridae Energy Investor Relations

A substantial portion of free cash flow was used to reduce debt: during the first half of the year, nearly C$30 million of long-term debt was repaid, and approximately 90% of this amount was repaid in during the second quarter due to the “cash sweep”. mechanism’.

Unfortunately, the balance sheet needed (and still does) repairs

The cash sweep deal helps Pieridae stay on course: right now, net debt needs to come down fast. Not only because the absolute and relative amounts are relatively high, but also because cash flows are suffering from the high cost of debt: at the end of June, the average interest rate on the term loan was 20.4%.

This means that by simply repaying approximately C$30 million in the first half, interest expense will decrease by approximately C$6 million per year, which will increase the free cash flow result by C$0.04. per share. Based on the Q2 results, Pieridae had to make another cash payment of C$13.5 million on the term loan, so the gross debt and net debt will continue to decline. I expect the company to end 2022 with a gross debt level of approximately C$75 million lower than YE2021 net debt of C$204 million (in June net debt was C$191 million Canadian dollars).

Change in net debt

Pieridae Energy Investor Relations

The main reason that debt reduction does not go faster is the accumulation of working capital. So, although the net debt position is declining relatively slowly, the working capital position is improving. At the end of 2021, Pieridae had a working capital deficit of approximately C$88 million, but fortunately this deficit was reduced to C$62 million by the end of June. Excluding financial debt, the working capital deficit improved from C$67m to C$32m so if all goes well, working capital (excluding current financial liabilities) should be positive by the end of this year and this will allow Pieridae to reduce its financial debt at a more aggressive pace.

Evolution of the working capital deficit

Pieridae Energy Investor Relations

And that could pave the way for a massive improvement in the terms of the remaining gross debt. The entire term loan matures in October 2023, one year from now. What if Pieridae is able to reduce net debt to, say, C$100 million by then (which should be a relatively easy task unless PEA suddenly wants to rapidly increase its production rate) and if the term loan could be refinanced at a rate of 11-12% (which would still be relatively high), the savings on interest charges could be enormous.

We started this year with a gross debt of C$231 million, which costs the company about C$46 million a year in interest charges. Assuming that C$100 million of debt can be refinanced at a cost of 12% of the debt, interest charges will drop to just C$12 million. This savings of C$34 million in interest expense would immediately accrue to shareholders and increase free cash flow by nearly C$0.25 per share per year.

The third quarter will be bad, but the future looks better

Based on the full-year forecast, the production rate is expected to increase by a few percent in the second half of the year, but Pieridae will also increase its capital expenditure as it plans to spend $17-22 million. Canadian dollars in sustaining investments and 25 to 25 million Canadian dollars. 30M growth investments. Assuming a full-year capital bill of around C$45-50 million, H2 2022 investments are likely to double H1 investments. This is good because Pieridae is obviously still making a lot of money at current natural gas prices. Hedging is proceeding slowly as well, but Q3 will still be a tough one for the company as around 60% has been hedged at C$2.66. Using a spot price of C$4 for unhedged production, the average realized natural gas price will be approximately C$3.20.

Remaining cover book

Pieridae Energy Investor Relations

But from the fourth quarter, the share of covered production drops sharply. In the fourth quarter, only 25% of production is covered. Applying a spot price of C$4.50, the average realized natural gas price would reach about C$4 and the cash flow machine would start spewing money again.

Investment thesis

This makes Pieridae a very attractive call option on the price of natural gas. Cash inflows from the first half were used to quickly improve the balance sheet and after a difficult Q3, Pieridae should be more exposed to spot prices, which will translate into better financial performance. Now, and in the coming quarters, the focus will (and should be) on balance sheet management. But a reduction in debt combined with a reduction in interest rates on the refinancing of the term loan in the fourth quarter of 2024 will accelerate the free cash flow result.

Taking all elements into account (including the increase in investments in H2), Pieridae Energy is currently trading at just twice underlying free cash flow. The market is clearly still concerned about the balance sheet, but the situation is improving day by day. If you expect the price of AECO gas to stay above C$4 for the next two years, Pieridae Energy is definitely a candidate to consider, as the stock price will simply need to be reassessed as balance sheet risk is reduced.

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3 Growth Stocks Down 49.6% to 79.9% to Buy Now and Hold Forever https://malcolmbluefarm.com/3-growth-stocks-down-49-6-to-79-9-to-buy-now-and-hold-forever/ Sat, 17 Sep 2022 09:41:00 +0000 https://malcolmbluefarm.com/3-growth-stocks-down-49-6-to-79-9-to-buy-now-and-hold-forever/ Whether you’ve been investing for decades or just starting out, this has been a tough year. The reference S&P500 the index lost more ground in the first half of 2022 than it had since 1970. The thing to remember about market downturns is that bad stocks tend to fall just as easily as big stocks […]]]>

Whether you’ve been investing for decades or just starting out, this has been a tough year. The reference S&P500 the index lost more ground in the first half of 2022 than it had since 1970.

The thing to remember about market downturns is that bad stocks tend to fall just as easily as big stocks which can generate above-market gains. These three growth stocks have what they need to outperform over the long term, but they are down 51% to 80% from the record prices they hit last year.

Image source: Getty Images.

1.Shopify

Shares of Shopify (STORE -6.26%) profited greatly from the surge in demand for online shopping when the pandemic kept us all at home. The former high-flyer is down more than 80% from his peak last year.

The bottom slumped under Shopify shares largely because investors feared the company’s ongoing transition from a primarily software company to one that also excels in fulfillment services like its commerce rival. electronic, Amazon. To that end, Shopify acquired Deliverr for $2.1 billion in July.

Deliverr is a fulfillment technology provider that enables two-day shipping for direct-to-consumer merchants. This will make it easier for more Shopify merchant partners to offer lightning-fast fulfillment services without handing over control of their customer relationships to Amazon.

Heavy investments to strengthen its distribution network, combined with a general slowdown in online shopping, led to losses on the net income of Shopify’s e-commerce activities in the first half of 2022. Investors will be happy to know that the company has ended June with nearly $7 billion. in liquid. This is more than enough to maintain the momentum of operations while general e-commerce activity catches up with the improved capacity of the business.

2. Duolingo

Duolingo (DOUOL -2.58%) the stock jumped during the strictest pandemic shutdowns, but has fallen by more than half since its peak last September. This language-focused education company has the most profitable education app on Applefrom the Google App Store and Play Store.

Learning a new language or revising an old one was one of the top activities for people with more free time during the strict COVID-19 restrictions. Investors worried that fewer people with more free time would hold back Duolingo’s rapid growth rate and hammered the stock without waiting for evidence.

You wouldn’t know it by looking at the stock price, but Duolingo’s app is always attracting new subscribers and retaining old ones. In August, the company reported second-quarter revenue that grew more than 50% over the year-ago period.

Duolingo’s relentless focus on improving its lessons in a way that encourages free users to become paid subscribers works. A whopping 25% of daily active users at the end of June were paid subscribers, up from 21% a year earlier. These impressive gains at a time when it should be even harder for online education companies to make year-over-year comparisons bode well for a bright future.

3.SoFi Technologies

Shares of Sofi Technologies (SOFI -5.62%) have fallen about 77% from the high point in early 2021. This company started refinancing student loans about a decade ago, and is now a full-service consumer bank with 4.3 million members who use 6.6 million products.

In addition to a full-service consumer banking operation, SoFi owns Galileo and its industry-leading application programming interface (API). When businesses want to create accounts and set up payment cards, they flock to the Galileo API, which activated 117 million accounts by the end of June.

SoFi is in high growth mode. It acquired Galileo in 2020 and another technology platform called Technisys in March. Despite significant investments to consolidate its unique position, the company has recorded positive earnings before interest, taxes, depreciation or amortization (EBITDA) for two consecutive years. The stock price can be volatile, but this well-run bank is designed to generate above-market earnings over the long term.

John Mackey, CEO of Whole Foods Market, an Amazon subsidiary, is a board member of The Motley Fool. Cory Renauer holds positions at Duolingo, Inc., Shopify, and SoFi Technologies, Inc. The Motley Fool holds and endorses Amazon, Apple, and Shopify. The Motley Fool recommends the following options: January 2023 $1140 Long Calls on Shopify, $120 March 2023 Long Calls on Apple, $1160 January 2023 Short Calls on Shopify, and $130 Short Calls from March 2023 on Apple. The Motley Fool has a disclosure policy.

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Does home insurance cover vandalism? https://malcolmbluefarm.com/does-home-insurance-cover-vandalism/ Thu, 15 Sep 2022 15:06:11 +0000 https://malcolmbluefarm.com/does-home-insurance-cover-vandalism/ Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, which we will always identify, all opinions are our own. By refinancing your mortgage, the total finance charges may be higher over the life of the loan. Credible Operations, Inc. NMLS […]]]>

Our goal is to give you the tools and confidence you need to improve your finances. Although we receive compensation from our partner lenders, which we will always identify, all opinions are our own. By refinancing your mortgage, the total finance charges may be higher over the life of the loan.
Credible Operations, Inc. NMLS # 1681276, is referred to herein as “Credible”.

Most acts of vandalism occur in public spaces, according to a report by the Urban Institute’s Justice Policy Center. But private properties can also be targets, especially at night and if the property appears unattended.

You can hope for vandals to pass by your house, but if your house is ever vandalized, your home insurance may pay for the damage.

Here’s what to know about home insurance and when it might — or might not — pay to repair vandalism damage:

Does home insurance cover vandalism?

A standard home insurance policy covers damage to your home caused by vandalism, riots and civil unrest. This protection is offered under the residential coverage aspect of your policy which covers the structure of your home, including built-in appliances and attached structures such as a deck or porch. This means that your insurer will pay to repair or replace the damaged structure in your home.

Good to know: If you can’t live in your home because it was damaged by vandalism, your insurance company may provide coverage for temporary living space and related living expenses while repairs are made.

Vandalism is a general type of risk covered by home insurance policies. Here are some types of vandalism incidents that would be covered by a basic policy:

  • Graffiti and spray paint: Graffiti and spray paint on a residential home is not only unpleasant to look at, it can also cause erosion of building materials and siding. Home insurance can help cover professional cleaning and repair of this type of vandalism.
  • Fire/Fire: Home insurance also covers damage caused by fire if it is a peril listed on your policy. This provides protection if someone intentionally or unintentionally sets your home on fire or if the structure sustains fire damage from a natural cause.
  • Break the windows: Let’s say something throws a stone through the window of your house during a riot or a period of civil unrest in your area. Damage to your windows or the cost of replacement would be covered by your home insurance’s home coverage.
  • Damage to your mailbox, patio furniture or yard: Standard home insurance generally covers personal property damaged by a covered peril – in this case, vandalism.

The chart below shows the 16 perils typically covered by standard homeowner policies:

Check: An overview of cover in the event of loss of use

Warranty limits against vandalism

Every home insurance policy has a coverage limit that you usually set when you first get coverage. Insurers will cover a peril listed in your policy (such as vandalism) up to the amount of coverage you purchased.

For housing coverage, it’s a good idea to get enough coverage to cover the cost of completely rebuilding your home. In some cases, vandalism coverage limits will be a percentage of your total coverage limit, depending on your home insurance and policy details.

Be sure to read your policy carefully to determine what your limits and deductibles will be in the event of vandalism. Also be aware that you must pay your deductible before any coverage takes effect.

Learn more: What is home cover?

When does home insurance not cover vandalism?

Under certain circumstances, your home insurance policy does not cover vandalism. In this situation, you will need to plan ahead to extend your coverage or create a backup plan. Here are some specific scenarios where home insurance will not cover vandalism:

  • It is excluded from your policy. Vandalism can simply be excluded from the list of perils covered in your policy. Sometimes insurers include vandalism in extended coverage or limit the perils covered, so make sure your policy covers vandalism from the start.
  • Your accommodation is unoccupied for a long period of time. Home insurance policies will cover vacant homes, but some insurers place limits on how long a home can be vacant. If your home has been vacant for more than 60 days (in most states), your home insurance policy may be voided and vandalism will not be covered.
  • Vandalism of an unattached structure occurs on your property. If someone breaks into a detached garage or shed and causes damage, you may not be covered by a basic home insurance policy. However, an endorsement from other structures would extend coverage for this.

Learn more: Coverage of other structures: what is it and what does it cover?

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Does home insurance cover vandalism if my car is parked in a garage?

Vandalism to a personal car can be just as serious as damage caused by vandalism to a home. If your car is parked in the driveway or even in your garage and it’s vandalized or broken into, that’s where the line between home insurance and auto insurance can seem blurred.

Home insurance won’t cover damage to your car caused by vandalism, even if it’s parked at home at the time – your car insurance’s full coverage would help pay for this damage. You must file a claim and pay your deductible before coverage takes effect. Deductibles for comprehensive auto insurance can be up to $2,000, but it depends on your policy and your limits.

A deductible is the amount you must pay out of pocket before your insurance pays for damages resulting from a covered peril. Generally, the higher your deductible, the lower your insurance premium will be.

However, if items are stolen from your car parked on your property, home insurance may cover the cost of replacing the stolen items under your policy’s personal property coverage.

Additional covers against vandalism

Typically, home insurance should cover damage caused by vandalism to your home, but this particular peril isn’t always black and white. You may want to consider these additional coverage options to ensure complete protection if your home is vandalized:

  • Replacement Cost Protection: Home insurance policies generally reimburse either the replacement cost or the actual cash value. If vandals damage the structure of your home, cost new protection provides coverage to help you rebuild or repair your home using materials of a similar type and quality. Meanwhile, policies with actual cash value protection will take the depreciation into account and deduct it from the refund.
  • Complete car insurance: Comprehensive auto insurance will fill in the gaps to cover vandalism damage to your car.
  • Vacant home insurance: Since most carriers won’t insure a vacant home beyond 30-60 days, if you have a vacant property you may want to consider adding vacant home insurance and make sure it covers vandalism and acts of mischief..
  • Business property insurance: If you run a home-based business, check to see if your existing home insurance policy would cover damage caused by vandalism to your home-based business property. If there are any gaps, consider adding a commercial property endorsement to your policy.

How to file a claim for vandalism

Vandalism to your home and the items therein should always result in a prompt response by filing a claim with your home insurance company:

  1. Start by assessing the damage. Examine what was damaged and take notes so you can provide details in your claim. Also take photos so that you can further validate your claim.
  2. File a police report. When you examine the damage, be sure to contact the police department to file a report immediately. This additional documentation can help authorities find the person responsible for the damage and also benefit your home insurance claim.
  3. Contact your insurance company and submit a claim. Then contact your home insurance company to see how you can file a claim. Provide as much information as possible, including the police report. When a claim is filed, the insurance provider will send an adjuster to your property to assess the damage and determine how much they should pay for repairs.
  4. Pay your deductible. Once you have successfully filed a claim and it has been approved, be sure to pay your deductible to allow coverage to take effect.

Vandalism is something you hope never happens to your home, but it’s important to be prepared for it with the right home insurance coverage. Use Credible to compare custom rates from over 40 insurers.

Need home insurance?
The Credible Marketplace, which includes Young Alfred’s insurance services, makes it easy to find an insurer and policy that’s right for you.

  • fully online — Complete all insurance forms online and purchase home insurance without ever picking up the phone. If you have any questions, Young Alfred offers 24/7 customer service.
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Disclaimer: All insurance related services are provided by Young Alfred.

About the Author

Chonce Maddox Rhea

Chonce Maddox Rhea

Choncé is a freelance personal finance writer who enjoys writing about mortgages, student loans, and helping people achieve financial wellness. His work has been featured on sites such as Business Insider, Lending Tree, Fox Business, RateGenius, and more.

Read more

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Get a cash advance with bad credit https://malcolmbluefarm.com/get-a-cash-advance-with-bad-credit/ Sun, 11 Sep 2022 13:01:00 +0000 https://malcolmbluefarm.com/get-a-cash-advance-with-bad-credit/ Disclaimer: This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same of WFTS. With the current state of the economy, it’s proving difficult for many Americans to stay afloat financially — let alone maintain a healthy emergency fund. So, when most people have a financial problem, […]]]>


Disclaimer: This is sponsored content. All views and opinions are those of the advertiser and do not reflect the same of WFTS.


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CocoLoan is another reputable website that connects borrowers with lenders who offer bad credit payday loans. In addition to payday loans, the platform also offers short-term loans, online fast loans, and bad credit loans.

CocoLoans understands that an emergency requires you to find money very quickly. Therefore, it partners with a long list of highly reliable lenders who will ensure that there are no delays in the loan process and that the money reaches you as quickly as possible. The platform has measures in place to ensure that you as a customer are always protected and can easily find a lender without much hassle.

When you apply for a loan through Cocoaloans, you guarantee that your loan will be processed quickly and securely. Your personal data is protected by bank-grade encryption technology which ensures that no data is leaked to hackers or other third parties.

Advantages

  • Your data and privacy are protected
  • Simple application process
  • Easy to use and intuitive user interface
  • Low credit is also considered

The inconvenients

  • Proof of employment is essential.

Access CocoLoan’s fast payday loans here >>

What are payday loans without online credit checks and how do they work?

Payday Loans No Credit Check are short-term online cash advances that are not based on a credit score. However, it’s not as simple as it sounds, as US lending regulations require all loans to undergo a credit check. When you apply for a payday loan without a credit check, the lender will still need to do a due diligence, but will rely more on your ability to pay.

How We Picked the Best Alternatives to Payday Loans No Credit Check Online

We considered many factors when putting together this list. These are some of the key things we considered;

  • Number of direct lenders on the platform
  • 100% online loan application process
  • Loan conditions
  • Approval rate
  • Process efficiency and effectiveness

Don’t same day payday loans with no credit check really exist?

Due to US lending regulations, same day payday loans without credit check do not exist. The law requires that all loans be subject to a credit check. Also, checking your credit is the only way for lenders to know how much to lend you and what interest rates to charge for the loan. But lenders will rely more on your ability to pay.

Can I apply for a loan even if I am unemployed?

Yes. You can apply for and qualify for a loan even if you are unemployed. However, you must provide a reliable source of income, such as retirement benefits. Whether you are employed or not, lenders need to know that you can afford to repay the loan on time and in full.

Last words

Online payday loans are a great source of quick cash when you’re stuck between a rock and a hard place. They are fast, reliable and available when you need the money most. The above platforms will connect you with various lenders who will consider you for a loan, even with bad credit.

However, keep in mind that the best solution to your financial difficulties is to find ways to better manage the finances you already have so that you have money set aside for rainy days.

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10 worst US airports for flight cancellations and delays – Forbes Advisor https://malcolmbluefarm.com/10-worst-us-airports-for-flight-cancellations-and-delays-forbes-advisor/ Thu, 08 Sep 2022 19:04:58 +0000 https://malcolmbluefarm.com/10-worst-us-airports-for-flight-cancellations-and-delays-forbes-advisor/ Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors. Summer travel in the United States has been a nightmare for both domestic and international travelers. American travelers should prepare for the challenges of late summer, the recent increased travel during Labor […]]]>

Editorial Note: We earn a commission on partner links on Forbes Advisor. Commissions do not affect the opinions or ratings of our editors.

Summer travel in the United States has been a nightmare for both domestic and international travelers.

American travelers should prepare for the challenges of late summer, the recent increased travel during Labor Day at intense summer thunderstorms becoming more frequent.

If you are traveling soon, it is useful to check the situation of your departure airport or the chosen airline in terms of cancellations. Forbes Advisor compiled data from FlightAware and found that more than 150 flights had been canceled at the top 10 airports for cancellations as of midday Thursday.

Compare and buy travel insurance

US airports with the most cancellations this week

Flight cancellations are the worst-case scenario for travelers, and they often happen across the country.

An analysis of FlightAware data reveals that 6.89% of flights have been canceled at Austin-Bergstrom International so far this week. At Bob Hope Airport in Burbank, California, 2.69% of flights were canceled.

Here’s a list of US airports with the most flight cancellations so far this week.

Top airlines with the most cancellations this week

Some airlines are more prone to cancellations than others, which may influence the carrier you choose for your trip. In some cases, it may be worth spending a little extra money on a ticket with an airline other than your usual choice, depending on its recent performance.

Here are the major airlines with the most cancellations as of Thursday:

How to get travel insurance that helps with flight cancellations and delays

If you are considering getting a travel insurance policy for your next trip, choose one that helps you with flight cancellations and delays.

Trip cancellation insurance can reimburse money you lose in non-refundable travel expenses for specific reasons stated in the policy, such as mechanical breakdowns, extreme weather conditions and airport security issues. Keep in mind that all the chaos that has been happening during travel lately will not fall under these reasons.

Travel insurance policies sometimes include trip delay insurance, which will cover costs while you wait for your changed flight. It can reimburse you for accommodation, meals and transportation costs that you may incur while you are late.

Some travel credit cards offer the benefit of travel protection, making them an invaluable tool for booking your plane ticket. These benefits are usually not as comprehensive as travel insurance policies, but they can cover travel delays, baggage delays, and lost baggage delays. The amount covered varies by credit card, so check your benefits.

Tips for dealing with flight delays and cancellations

Flight cancellations and delays are an unpleasant experience for all parties involved. Not only are travel disrupted, but airline workers are tasked with managing the heightened emotions of dissatisfied customers as they work out the puzzle of rerouting or rebooking an itinerary.

These tips can help you manage flight cancellations and make the most of a frustrating situation:

Defend yourself. While it’s always helpful to speak with an airline representative in person at the airport, try time-saving strategies like logging into the airline’s app while waiting in line to get assistance at the airport and finding alternative flights that fit your schedule. That way, you can come up with a plan that works for you, rather than impulsively accepting whatever the airline agent offers you.

Know your rights. As a passenger and paying customer, you have rights when your trip is delayed or cancelled. Some airlines are required to rebook you on the next available flight, and some may even allow you to travel on a partner airline instead, which opens up your rebooking options.

If your flight is canceled due to something within the airline’s control, you may be eligible for meal vouchers or an overnight stay (remember, bad weather would not be included here!). If you are flying within the European Union, you have more comprehensive rights, including cash compensation up to 600 Euros when flights are canceled or significantly delayed for reasons beyond the airline’s control. Any airline that flies within the EU is bound by this law, including US-based airlines.

Be smart with checked baggage. Checked baggage is a source of pain in travel these days, with horror story bags appearing a few days after weddings, arriving destroyed or completely lost. If you booked your plane ticket with a credit card, check your benefits guide to see if you have coverage for lost or delayed baggage. It can cover the cost of essential purchases, like toiletries or a change of clothes, until your bag shows up. If you are traveling internationally and your baggage is lost, you may be entitled to a refund.

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Down 19%, is it safe to invest in the stock market now? https://malcolmbluefarm.com/down-19-is-it-safe-to-invest-in-the-stock-market-now/ Sun, 04 Sep 2022 20:15:00 +0000 https://malcolmbluefarm.com/down-19-is-it-safe-to-invest-in-the-stock-market-now/ As measured by Vanguard Total Stock Market Index ETF, the US stock market is currently about 19.4% below its recent highs. It’s still in the vicinity of a bear market, and there are plenty of reasons to remain nervous. In particular, with the Federal Reserve having made it clear that it will not stop raising […]]]>

As measured by Vanguard Total Stock Market Index ETF, the US stock market is currently about 19.4% below its recent highs. It’s still in the vicinity of a bear market, and there are plenty of reasons to remain nervous. In particular, with the Federal Reserve having made it clear that it will not stop raising interest rates until inflation is brought under control, the downward pressure on equities could very well continue.

This raises a key question: is it safe to invest in the stock market right now? Well, the direct answer to this question is Nope. Of course it is never safe to invest in the stock market. Your money is always at risk in the market. As a result, a better question to ask is whether the market drop has opened up opportunities where the potential rewards are worth the risks you are taking. With that in mind, there may well be a path that it might be wise to consider investing again.

Image source: Getty Images

Look where the fear is palpable

In a rising rate environment, some of the hardest hit industries are those that rely heavily on customers who need to borrow money to make purchases. For example, the S&P Home Builders Index is down much worse than the market as a whole, as people worry that rising rates and a tougher economy will keep people from buying new homes.

While it’s absolutely true that rising rates are making it harder to buy a home, it’s also true that building permits for new homes remain slightly stronger than they were at this time of year. last. As home building and home buying slows, we are also exiting what had been amazing housing boomand one where demand far exceeded supply.

There’s a big gap between a huge boom and a complete bust, and contrary to popular belief, people are still buying homes. It’s just not as fast a pace as during the height of the low-interest-fueled housing mania. The question you should really ask yourself is whether the palpable market fear surrounding homebuilders has made at least some of them available at a bargain price.

Similarly, rising interest rates mean that companies that deal with ready money have the opportunity to earn more on their loans. For example, even if consumers cost to borrow increased, the interest rates paid by banks on savings remain stubbornly low. Even so-called “high-yield” savings accounts are yielding just over 2%, even as 30-year mortgage rates have climbed to around 5.66%.

One of the main ways banks make their money is through the spread between the rate they pay depositors and the rate they lend to borrowers. The higher the interest rates, the greater the potential margin for this spread, which could ultimately translate into higher incomes for them.

Of course, the risk is that if too many people default on their loans, banks won’t be able to collect enough of their loans to fully cover their costs. If the economy remains soft and job losses start to mount, this risk may increase. While bank stocks are down, at least some worry is justified by the potential for things to go from bad to worse.

Are the risks and potential rewards balanced?

Neither homebuilders nor banks are risk-free investments, but both have generally seen their stock prices fall as the market has begun to recognize the risks both industries face. Therefore, investors buying today actually have a better potential reward profile for the risks they take than those who bought earlier when prices are higher.

Has the balance tipped far enough in favor of investors where they might be worth buying? It’s a little harder to answer, but you can usually get into the ballpark. A great approach to doing this is to use the discounted cash flow model to help you value the stocks you’re considering buying. With this model, you can get a good idea of ​​both how much money you expect from a business and what that money is worth to you.

If the stock price seems cheap relative to the value suggested by the company’s cash-generating capabilities, the risk-reward balance may very well be in your favor. Even better, since you’ve built a model based on projections of cash the business is expected to generate in the future, you can use this model to check how the business is changing over time. This can help you keep an eye on the stocks you buy to see if their companies are really worth keeping.

Start now

Although bear markets often present opportunities to buy big companies at bargain prices, the market panic is unlikely to last forever. Make today the day you start looking for bargains. Once you’ve found and bought them, have the patience to let the market work through the rest of its worries. Do it successfully, and you may find that while it’s not safe to invest in the stock market now, it may very well turn out to be profitable.

Chuck Saletta has no position in the stocks mentioned. The Motley Fool has positions in and recommends Vanguard Total Stock Market ETF. The Motley Fool has a disclosure policy.

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Payments during the moratorium, now eligible for reimbursement https://malcolmbluefarm.com/payments-during-the-moratorium-now-eligible-for-reimbursement/ Wed, 31 Aug 2022 03:40:00 +0000 https://malcolmbluefarm.com/payments-during-the-moratorium-now-eligible-for-reimbursement/ FORT WAYNE, Ind. (Fort Wayne’s NBC) — Many student borrowers have been making payments during the pandemic, even though they didn’t have to. Now, with the Federal Student Loan Forgiveness coming into effect, people who keep paying can get their money back. For those who continued to repay their federal student loans throughout the moratorium, […]]]>

FORT WAYNE, Ind. (Fort Wayne’s NBC) — Many student borrowers have been making payments during the pandemic, even though they didn’t have to. Now, with the Federal Student Loan Forgiveness coming into effect, people who keep paying can get their money back.

For those who continued to repay their federal student loans throughout the moratorium, a specific statement on the Federal Student Aid website reads, “You can get a refund for any payment (including direct debit payments ) that you make during the payment break (beginning March 13, 2020). Contact your loan officer to request a refund of your payment.

Romeo Morris, a graduate of Morehouse College, immediately called his loan manager.

“I picked up the phone. I needed some documents that weren’t from Fed Loan, which I’ve already paid off. I started to initiate my refund and told him that I would just hold the money until the official word, “hey, we are reversing this amount for you”.

Trine University graduate Taja Keasal took the same route during the freeze, but it was not an easy choice. She loves sneakers! Keasal says she could have spent nearly $1,400 on a pair she really wanted, but she chose some financial freedom. She talks about it in her YouTube video about how she’s financially conscious while having expensive shoe taste. Click here to check it out.

“Take advantage of those loans disappearing, if that’s you. I would say have a plan to pay it back, but also have a plan for what you’re going to do with that extra income. If you’re not careful, this all can disappear. very quickly.Have a plan and pay them back diligently.

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Single mother jailed for Citibank cheating affair, 13th person to date https://malcolmbluefarm.com/single-mother-jailed-for-citibank-cheating-affair-13th-person-to-date/ Mon, 29 Aug 2022 05:27:35 +0000 https://malcolmbluefarm.com/single-mother-jailed-for-citibank-cheating-affair-13th-person-to-date/ SINGAPORE — A single mother has become the thirteenth person to be jailed for her role in a ruse that saw false documents submitted to Citibank to secure loans. Kiran Kaur, 29, was sentenced on Monday August 29 to six months in prison for cheating. The court heard that between September and October 2018, Citigroup’s […]]]>

SINGAPORE — A single mother has become the thirteenth person to be jailed for her role in a ruse that saw false documents submitted to Citibank to secure loans.

Kiran Kaur, 29, was sentenced on Monday August 29 to six months in prison for cheating.

The court heard that between September and October 2018, Citigroup’s consumer division received and approved about 20 loan applications that later contained false income documentation.

Each loan involved between $12,000 and $24,000.

Kaur was unemployed and facing financial hardship when she responded to an ad in September 2018 for a “fast cash” job on the online marketplace Carousell, Assistant District Attorney Dhiraj G. Chainani said.

Through the ad, she contacted a man known only as “Charles” through the WhatsApp messaging platform.

Charles, whose identity was not mentioned in court documents, told her he could help her get a loan from Citibank.

The DPP said: “The defendant told Charles that she was not working at the time and had no contribution to the Central Provident Fund to apply for a bank loan.

“Charles told the defendant not to worry and that the defendant did not need to meet the income level required to qualify for a bank loan.”

He asked Kaur to divulge his Singpass login details and told him to meet an unidentified man outside a Citibank branch at MacDonald House in Orchard Road to collect a set of documents for the loan application.

She did as she was told and received documents that incorrectly stated that she worked for another bank and earned $6,700 a month for July and August of this year.

The court heard Charles then told him to look for Citibank contract staff Kirk Chua Min Xuan, 29, at the branch.

His loan application was submitted on September 10 and later approved.

In total, Kaur received $13,490 in cash, but she claimed she kept $4,000 and gave the rest to the man who gave her the forged documents.

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3 Super High Yielding Dividend Stocks to Buy Before the Next Bull Market https://malcolmbluefarm.com/3-super-high-yielding-dividend-stocks-to-buy-before-the-next-bull-market/ Tue, 23 Aug 2022 10:39:00 +0000 https://malcolmbluefarm.com/3-super-high-yielding-dividend-stocks-to-buy-before-the-next-bull-market/ Dividend stocks are very lucrative buys when the market is down because dividend yields increase when stock prices fall. Now that the stock market is edging closer to recovery — up 10% over the past month — several dividend-cut stocks are rebounding. Some experts think a bear market might still be on the horizon, but […]]]>

Dividend stocks are very lucrative buys when the market is down because dividend yields increase when stock prices fall. Now that the stock market is edging closer to recovery — up 10% over the past month — several dividend-cut stocks are rebounding.

Some experts think a bear market might still be on the horizon, but eventually a bull market is coming. That’s why investors looking for ultra-high dividend yields should consider buying Blackstone Mortgage Trust (BXMT -1.63%), Simon Real Estate Group (GPS -3.85%)and Gamma CAF (AFCG -4.66%) before the next bull market.

BXMT Dividend Yield given by Y-Charts.

The mortgage arm of the world’s largest investment company

Blackstone Mortgage Trust is a mortgage real estate investment trust (mREIT). The company, which is part of black stoneone of the world’s largest investment firms, originates and invests in senior commercial mortgages.

Lending can be tricky business, especially in environments characterized by high inflation and rising interest rates. mREITs like Blackstone are inherently highly leveraged. MREITs issue debt at short-term rates and then use that debt to create mortgages and long-term loans. Since longer-term debt yields higher rates than short-term debt, the company is able to generate profits from the difference between these two rates. So when interest rates rise, it increases an mREIT’s cost of borrowing, which in turn affects its earnings.

Fortunately, Blackstone Mortgage Trust primarily benefits from adjustable rate loans on its underlying commercial properties. So, instead of hurting his income, these loans adjusted rates up and therefore helped boost yields. Each 100 basis point increase generates approximately $0.15 of earnings per share annually.

Its portfolio also has a low loan-to-value (LTV) ratio of 67%, which means that if the market turns or borrowers stop paying due to a recession, the company still has a significant amount of funds available. own to rely on.

It is actively growing its portfolio despite market challenges, spending $2.8 billion in the second quarter of 2022. It also has a fantastic track record for continued growth. As of the second quarter of 2022, it had $1.5 billion in cash and only $200 million in debt maturities through 2026. Its dividend yield is currently 8.7%.

The Returning Child

Malls weren’t in good shape to begin with before the COVID-19 pandemic, but a year of closures and two years of declining demand completely destroyed the industry. It was terrible for Simon Property Group, the world’s largest owner and operator of high-end shopping centers and outlets. Its battered share price recovered from the March 2020 crash at the end of 2021, only to regain its losses as concerns loomed over the effects of the recession on retail spending.

Based on the company’s latest results, the concern may be unwarranted. Quarter-over-quarter, its occupancy levels are improving, with 93.9% of its portfolio occupied in Q2 2022. Its base minimum rent per square foot just exceeded 2019 levels. comparable operating funds (FFO) and net operating income (NOI), two important measures of a REIT’s profitability, rose 6.3% and 6.7% respectively.

The REIT was so confident about its latest performance that it raised its full-year guidance and increased its dividend nearly 3% from last quarter. Today, its yield is around 7%.

There are certainly challenges for the mall industry to overcome in the future, but Simon is definitely in a strong position to overcome obstacles and pivot as needed to continue to grow. It has two new developments underway, in Paris and Tokyo, and is actively redeveloping existing properties to include more mixed-use facilities.

One of the highest dividends

AFC Gamma is not your typical mREIT. It does not create or invest in real estate mortgages; instead, it lends money to the fast-growing but cash-strapped cannabis industry. Since cannabis is still federally illegal, cannabis growers don’t have access to traditional loans that could help them buy real estate, improve their business, or expand. This is where AFC Gamma comes in.

This young but fast-growing company is clearly filling a void in the marijuana industry, having completed $483.2 million in loan commitments through August 1. , an incredible number for an mREIT. Its fantastic earnings have prompted it to increase its dividend by 47% since last year, so the dividend yield is now around 10%.

Like other high-growth stocks, this REIT is not without risk. Legalizing marijuana at the federal level would open the doors to alternative funding and lead to less demand for its products. It also runs the risk of future failures, as not all companies in the cannabis industry will make it. But at the moment, AFC Gamma looks like an incredibly undervalued buy that offers growth opportunities and very high-yielding dividends.

Liz Brumer Smith has no position in the stocks mentioned. The Motley Fool fills positions and recommends Blackstone. The Motley Fool recommends Simon Property Group. The Motley Fool has a disclosure policy.

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