Monday, December 31, 2012

Power Shopping In Mississauga

As one of Canada's largest municipalities and the convergence of several major international routes, the city of Mississauga is home to numerous opportunities sure to thrill any shopper. From tackling some of the country's biggest malls to window shopping at specialty stores on the street, Mississauga shoppers will find all that they need for a successful day of power shopping. Here are a few of the many different alternatives Mississauga offers for the enthusiastic shopper.

Meadowvale Town Centre: Meadowvale is a small community located within the larger boundaries of the Mississauga area. For those who want to take advantage of great shopping beyond the crowds to be found in the city proper, Meadowvale Town Centre offers a variety of stores and a distinctly pleasant atmosphere. The site offers five different beauty salons as well as a cobbler and engraving specialist. Clothing stores include Dome, Crazy Lee's, and Cavery Fashions.

Sherway Gardens: This huge mall will be sure to delight any fan of big city shopping. The stylish building encompasses 500,000 square feet of space which contains over 240 retail stores. The sleek modern exterior is perfectly complemented by the beautiful gardens, fountains and skylights of the interior. This mall claims to be the safest and cleanest big shopping experience to be found in the Greater Toronto Area. Fans of upscale and mid grade stores alike will find their favorites in Sherway Gardens, which is home to Holt Renfrew, Abercrombie and Fitch, and Lululemon. In addition, shoppers can find department store stalwarts such as Sears and The Bay as well as upscale boutiques and goods shops such as the Pottery Barn.

Square One. The largest mall in Mississauga rivals in size almost every other mall in Canada with over 1.6 million square feet of retail space. This mall is truly a unique experience; aside from the many shopping opportunities, it houses several community clubs and even a church! The shopping experience includes a huge food court as well as many other established restaurants, and of course the selection of over 350 different stores and boutiques. Shoppers can find stores at Square One that are unique in Ontario, such as jewelry experts Swatch and La Swiss. Shop for ladies' fashions from well known names such as La Senza and Sirens to top of the line boutiques including Hamiko Collection and Jacob Connexion. Banana Republic, the Gap, Guess? and Tommy Hilfiger are also represented inside this huge mall.

Shopping in Mississauga truly offers an amazing variety of opportunities and experiences. From the small town feel of village centres to the organized bustle found in huge shopping malls, there is an experience perfectly suited to every shopper.

Saturday, December 29, 2012

Shanghai World Financial Center Construction

Shanghai World Financial Center construction was one structure worth researching. As anyone could imagine, building such a structure as Shanghai World Financial Center requires knowledge that has not been know before-but with technology and testing the project was completed on August 28, 2008

The importance of developing building technologies to resists earth movement and high winds in high-rise construction holds an important value. Initially planned to be the world's tallest building, but because of economic situation, the Asian Financial Crises, and other delays, The Shanghai World Financial Center, located in Shanghai, China, is eye appealing. While it was in the building process, the building dimensions were increased for couple reasons that we know of. After a decision to increase gross area of the WFC in Shanghai by 15%, increase in overturning moment from wind forces of about 25% came as well. A diagonal bracing was also used. With the design changes, the service core shear wall was achieved and there came the decrease in the amount of steel needed for the robust structure.

The first structure was called the mega structure, which in reality consists of major structural columns, the major diagonals, and the belt trusses. The second one was a concrete walls of the service core I mentioned above. The third system was a relationship between concrete wall of the service core and the mega-columns, that were made by the outrigger trusses...

As the final design of LERA (Leslie E. Robertson Associates), Shanghai World Financial Center construction consisted of three relatively narrow columns, compared to seventeen wide columns. An important area to mention is how the stiffness of the perimeter and trusses has movement, as well as shears in the concrete walls of the service core, can be increased or decreased. The whole robust design is smiler that of the, previous, World Trade Center in NY. The wind engineering results were different compared to that of the World Trade Center in NY, based on extensive wind testing.

The earthquake engineering for the Shanghai World Financial Center construction was extensive. The design allows for a 200 year period for typhoon return and a 2000 year return on earthquake. In the process of its foundation construction, temporary support for both mat and below-grade concrete floors were made because of the use of top-down construction method, H-piles large steel sections extended from the piling to the ground surface...

Other issues that come with this high rise were the cost, as in any project. Because the pile cut-off was well below grade, it was costing too much to reinforce existing pile. LERA determined that the current pile foundation system they had in place could accept a larger expansion; they only had the issue of cutting the weight of the original building by 10% or more; the other aspect they had to do was to redistribute the loads to the pile so that increased lateral loads the come from wind and earthquake can be surpassed.

For Shanghai World Financial Center construction or other building areas where winds are a problem, the seismic effects typically include:

1. High base overturning moment and foundation design (wind, seismic)

2. High shear demand near base (seismic)

3. High gravity stresses in the vertical elements (and use of high-strength materials) to minimize structural sizes for
economic structural design and to maximize net floor area

4. Differential axial shortening under gravity forces, including effect on floor slope and outrigger force demands

5. Development of ductility in elements at the base of a structure under high compressive gravity stress (seismic)

6. Controlling lateral accelerations (wind)

7. Controlling story drift (wind, seismic)

8. Controlling damage so as to enable repair (seismic)

9. Ensuring ductile energy dissipation mechanisms and preventing brittle failures (seismic)

Each geographical location requires specific, special requirement, to be developed and tested, when the project is breaking new ground, like The Shanghai World Financial Center construction... Although other buildings were structured in that geographical location, but not with the same height and greatness...

Thursday, December 27, 2012

The Best Used Cars For Subprime Auto Loans

A subprime auto loan is hard enough to get if the car has enough value to carry the loan. Unfortunately, cars lose an average 47% of their value by the end of their third year. The value is gone, but that does not stop some dealers from trying to sell them for more than their value. That makes it even harder to get a used car loan with subprime credit. Here are a few cars for which it is easier to get a low credit score auto loan approved. This list also takes into account Consumer Reports list of most reliable cars.

Compact/Subcompacts

Honda Fit
Toyota Echo
Scion xB
Pontiac Vibe
Mazda3
Subaru Impreza

Family Cars

Ford Fusion (FWD)
Mercury Milan (FWD)
Mazda6 (4-cyl.)
Nissan's Altima

The list from Consumer Reports included several other models as well, but, you have to remember, with subprime auto loans, you are not going to be approved for the more expensive models. The sacrifice of buying a smaller car than you might prefer is a modest concession to rebuilding your credit.

Thursday, December 20, 2012

Prohibition of Interest Rate in Islamic Finance

Islamic economics is referred to as the application of Islamic Shari'a law in economic activity. This form of economics has attracted banks and financial institutions in more than 56 countries including Europe and the United States; they cater to customers who want to invest in a halal instrument, or according to Islamic teachings.

Muslim authors state that Islam offers solutions to solve problems of human civilization. They view the financial problems facing developed countries in Africa and Asia are caused by interest-based financial instruments which create "unrepayable debt" says Muhammad Ayub, author of Understanding Islamic Finance. Mr. Ayub goes on to say that interest-based system makes "a class of people richer and leaving others poorer and oppressed."

Suppose you deposit in a conventional bank 00, at 4 percent interest for a period of one year. At the end of the year, your return is predetermined at 00+40. The bank will invest your money. If it fell short of 40, the bank will incur a loss. So an interest-based loan places the risk entirely on the borrower, in this case, the bank. Under Islamic economics, this type of investment is prohibited and is considered "un-Islamic" and "unfair."

The source of prohibition of interest is based on the Qur'an. Verse 2:275 reads: ". . .Allah permits commerce and prohibits riba. . ." The etymology of the term riba comes from Aramaic raba meaning increase'. Muslim interpreters define this term as interest'. In pre-Islamic Arabia, a borrower saw his debt double following a default and redouble if he defaulted again. If the borrower was unable to pay off his debt, he would be pushed into enslavement until the debt is paid. Such a situation was creating a social disharmony in Arabia, to which the Qur'an was responding. The ban on riba was therefore an instrument used to avoid mistreatment of fellow citizens, when their financial situation was in distress.

Among the Muslim community in the Middle East and elsewhere, financial transactions involving interest on borrowed money are accomplished, but without mentioning the word interest'. For example, Y wants to borrow from X 0 at 5 percent interest without violating the prohibition. X buys a TV system from Y for 0 but then promptly returns it for 5, payable in one year installments. The additional represents interest but was not mentioned; it was circumvented instead by the purchase of the TV and selling it, immediately, to the borrower at a higher price, which is equivalent to the amount of interest.

The most popular instrument in Islamic banking is Murabaha, a contract of sale in which a commodity is sold for a profit. The contract involves the purchase of real property by the financial institution which then sells them to the client at an agreed mark-up. A repayment is usually in installments. Accordingly, X wants to buy a car from the dealer and finance the transaction through a bank. Under Islamic economics, the bank does not charge interest. So the bank will buy the car on behalf of the buyer, and immediately sells it to X at the dealer's price plus an extra amount of money for the time spent and the paperwork involved to finalize the deal, the extra amount represents interest on the borrowed money, but the contract does not use the word interest'.

All Muslim authors and practitioners of Islamic finance agree that charging interest is a violation to Islamic Shari'a, but there is no agreement on the definition of interest-free' loan. There is no account for the rate of inflation in this Islamic instrument. In order to protect the purchasing power of money, loans are indexed to the rate of inflation, which is absent from Islamic banking and was proclaimed un-Islamic in two international conferences on indexation, one held in Islamabad in 1986 and the other in Jeddah in 1987.

Critics of interest-free banking claim that those who call for prohibition on interest are guilty of misinterpreting the Qur'an and misreading Islamic history. The Qur'an bans, not interest rate, but usury, or exorbitant interest.

Suleyman Uldag, a prominent Turkish author suggests that "even if interest were unlawful, it would be a lesser sin to deal in interest openly than to cloak it in practices aimed at deception." He writes that "Islamic banking is its own worst enemy."

Another attack on the prohibition of interest came in 1989 through a fatwa (Islamic legal opinion) from Muhammad Sayyid Tantawi, the grand mufti of Egypt and head of the top Islamic university, al-Azhar, who said that simple bank interest is permissible in Islam, while excessive interest rates constitute riba (usury) and thus forbidden. Tantawi added that legitimate instruments, including high-yield government bonds and interest-bearing saving accounts are compatible with Islamic Shari'a. Tantawi's fatwa represented the minority view, and provoked considerable discussion among the Muslim community in Egypt and around the world.

Monday, December 17, 2012

Beginning Real Estate Investing 101

Best option for beginners in real estate.

As many beginning investors have little credit and their cash stash, if used would barely get them through until next payday! With that in mind you would want to take on something which is simple and can produce the most profits with little to no investment. The smartest most logical path you could take to get started investing in real estate would be wholesaling.

Wholesaling? What's that?

As A wholesaler you position is easy! Find a particular type of property that buyers/investors are looking for. Simple right? Why yes, yes it is........ Once located you just pass the new found deal onto your buyer/investor. Basically all you are doing is acting as the middle man or a bird dog (plus a few steps) type. With this type of investing you can make upwards of 10k from each and every deal you do, depending on the type of deal you uncover. With nothing more than time invested in these deals how can you go wrong!!!!

Why this method?

The wholesaling way has numerous reasons why you should start with it.

1) Low to no investment.

a. No need to own the property you are dealing on.

b. Just locate a undervalued property.

c. No need to take ownership of the property, just get it under contract and pass the deal on to the best buyer/investor, with what is called an assignment fee (up to K) added on to the negotiated price.

2) Fast and almost immediate cash.

a. Most all wholesale deals close in 45 days or less.

b. No need to wait for rents or long drawn out closings.

c. Quick was to get started and get cash in your pocket immediately.

3) Once you're good at finding deals.

a. Benefit from quick closing and cashing out.

b. Keep in mind not every deal you find will you be able to put under contract and sell.

c. Even if you can't buy it personally you can put it under contract and negotiate it with a buyer.

d. Do as many deals as possible to become a pro!!!

4) Options.

a. Wholesaling gives you options unlike any other investment vehicle out there,

b. You find it, negotiate with seller. Then decide what direction you will go with it, keep it, and or sell it, whatever you want. Where else do you have options like that?

VIOLA!!!!!!!!!!- Quick cash or long term cash flow.....you decide.

This is what makes wholesaling Grrrrrrrrrreat!!!!

Nicholas "Yogi" Muller/ king-and-assoc.com

Saturday, December 8, 2012

Step-By-Step Path To Take Towards Better Personal Finance

Now is the best time to gain control over your finances. This article is filled with useful tips to help you manage your finances more wisely. An advanced degree is not necessary for you to learn how to increase your ability to save and live better. Each lesson you learn is important.

Change over to a checking account that is free. Some of your main options will include credit unions, online banks and some major chain banks.

Poor financial decisions can be made under the influence of alcohol, so reduce your intake. Only drink water when you go to the bar with friends. That way, you'll make smart financial decisions, rather than having a big mess to clean up later.

You can better understand where your money goes when you write down how much you spend every day. A notebook that is easily set aside or lost is probably not the best method, as it is often soon forgotten. Instead, try setting a full-size whiteboard in your bedroom or office to list your expenditures. It will be front and center during your daily activities and hard to avoid.

If you eat less fast food or eat out less in general, you can save a lot of money. Fast food menus may seem cheap, but they really are not. Cooking at home with better quality ingredients produces better meals than you get at a fast food or carry out place, and also saves you a lot of money. You will also come to appreciate the art of cooking.

Expensive products usually come with a limited warranty that covers them for 90 days to a year. Extended warranties make someone a lot of money, but it isn't you.

If a person is always ending up with single dollar bills left in their pants pockets from getting change they can use them in a fun way to possibly increase ones personal finances. If the dollars are used to buy scratch-off lottery tickets, there is a possibility to win more than is spent.

Perhaps you are dissatisfied with your current position and salary, but a set income is better than zero income. It is common to seek greener pastures where more money can be earned, but to preserve your personal financial future, do not leap until you have a solid opportunity secured.

To get your finances in order, draw up a budget and adhere to it. You can keep a budget on your phone, on your computer, or simply in a diary. You will also gain control of your spending habits.

Saving money on a regular basis should be part of a well-thought out personal finance plan. You may want to save money to purchase a large ticket item such as a TV or a relaxing vacation. You might be saving money for your retirement. For whatever reason you save, it behooves you to do as such.

When trading Forex, know when to allow your profits to run. Use this tactic wisely; greed should not interfere. Make sure you know when to cash out after you've made a profit off of a trade.

Try to avoid debt whenever possible to have better personal finance. While education and a mortgage are two worthwhile reasons to go into debt, there are very few other reasons why you should use credit. Loans and credit cards charge interest and fees; therefore, it is important to try not to borrow unless it is absolutely necessary.

If you can set it up, have your debit card make automatic payments to your credit card near the end of every month. That way you never forget.

Handling your personal finances can become an addictive habit once you learn the right way on doing it. Ty using these tips yourself. Here are some ways you can save a good amount of money and use this article to your advantage. Once you see the positive results of managing your money, you might feel compelled to do even more!

Wednesday, December 5, 2012

Mortgage Market In Ireland

Home loan marketplace within Ireland is a top demonstrator associated with mortgage administration in remaining planet. Such as Ireland mortgage loan where the credit is actually secured simply by actual home with the use of home financing take note, customer will be requested to cover monthly installments which can be includes curiosity and also principle quantity. And also, by the end from the mortgage this is the moment once the mortgage arrives a conclusion, the house is assigned to customer. Based upon the particular agreement between your customer and also the loan company attention is set.

Ireland mortgage loan interest rates tend to be at the mercy of marketplace forces which were playing prominent role inside backing and also destabilizing the mortgage industry for greater than 30 years, particularly after the deregulation. Furthermore, mortgage loan interest in Ireland is determined by the danger involved in this we.e. more risky the home loan to cover, increased the eye fee. In the same way, those who are searching for low interest rate rate in Ireland should mortgage loan interest very first given that it ultimately has an effect on the actual range of handing over again the loan in the long run.

Escalating costs regarding properties in Ireland possess inspired the actual home loan industry and for that reason a top interest rate will be charged for home loan inside Ireland. Home loan market inside Ireland provides various types of interest rates which includes fixed rate mortgage loan, caped price mortgage, as well as low cost fee mortgage. In a fixed rate mortgage loan there's regularity within rate of interest provided by loan provider for a arranged period of time that might lengthen to two, Three, Several, A few as well as 10 years which actually is actually susceptible to a partnership involving the borrower and also loan company.

Apart from set interest mortgage loan, a assigned interest home loan is quite well-liked inside the Ireland. Inside a capped rate of interest mortgage loan the financial institution promises to not to boost the interest rate above the actual cap for many time frame. In several techniques a prescribed a maximum rate of interest is like a set fee; nonetheless, variation is always that there is overall flexibility inside reduced and also previously mentioned limitations of great interest price. Inside prescribed a maximum rate of interest mortgage loan, the interest rate is held in between a couple of factors arranged mutually simply by lenders and borrower for time ranging from 24 months to many years. Another type of Ireland home loan rate of interest will be discount rate wherein loan companies arranged margin reduction in the typical adjustable rate which will is actually 2% and set for some time period including 12 months to years mutually decided from the loan company and debtor. A person's eye price about home loan tempts loan companies to be able to give the borrowed funds in order to customer; consequently, it can be regarded as crucial function associated with a mortgage and had it not necessarily been in living perhaps there'd not have been a complete gamut associated with mortgage loan.

In a typical mortgage offer a house customer or even contractor obtains funding both to buy or safe contrary to the house from the loan provider that could both end up being someone or perhaps an start. Furthermore, the borrowed funds can either end up being immediate from your lenders or from the large financial company based upon each case and its particular uniqueness. Based upon your need and also size of mortgage as well as the safety distribution, the interest rate is dependant on lender and also customer about shared knowing.

Loan companies as well as consumers mutually decide upon the size of the borrowed funds, maturity of the bank loan, interest, approach to paying down the borrowed funds, etc. and others. Even though there have been some regulating constraints inside home loan market in Ireland, those restrictions are shadow associated with previous right now and also the marketplace forces in Ireland decide the state of home loan rate of interest. Additionally, given that Early in the eightys, the actual Ireland may be viewing tremendous growth with regards to mortgage offers and competitive interest rates available for consumers.