August 2009
You are currently browsing the articles from Immigrant Millionaire written in the month of August 2009.
The investor can refer to the Central Registration Depository or the CRD in order to access information and every possible detail regarding his broker. This is important for ensuring the safety of your investment. It is a computerized data-base that houses the entire information file about your brokers, along with their representatives and the firms where they are employed.
The manner in which the brokers work along with the credentials are important to ascertain that your money is in safe hands and all you savings are securely traded. Say, if you desire to acquire information whether your broker has a proper license for the state that they are operating in or, if they had any tiff with the regulators, or whether they happened to receive any serious complaints regarding their operation from other investors, one can readily resort to this information source.
The educational background of the broker can also be checked out along with their past employers’ details. The state securities regulator of the Financial Industry Regulatory Authority can also present you with the desired information that you are seeking from the CRD. The investor complaints, if there are any, are important with regard to your objective of ensuring the security of your investment. The North American Securities Administrators Association website can prove to be a great aid in this respect. The telephone number of the BrokerCheck hotline is (800) 289-999.
Written by srini on August 23rd, 2009 with no comments.
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A revamped British passport is all set to come in your hands. De La Rue has managed to bag the contract to design and produce this new look passport as stated by the Identity and Passport Service.
The immigrants will be able to use this new passport from October, 2010. The security features of this passport will be far tighter and it will also be equipped to store the finger-print biometrics within the passport. This new passport will reduce the risk in identity theft and the nation’s borders will be secured due to the process.
For the immigrants who always are required to carry the international travel documents, this passport will mean less hassle. As the IPS Chief Executive James Hall observes “The British passport is recognized as one of the best in the world and we want to keep it that way. Today we are affirming our commitment to making this travel document more secure than ever by using fingerprint biometrics”.
The British immigrants will be able to easily go forward with their travel plans across any country of the world due to the compact storage of definite information within it. The concerned authorities are of the opinion that it was extremely necessary for revamp of the British passport in order to keep pace with the changes in the security measures that are the need of the hour.
Written by srini on August 23rd, 2009 with no comments.
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It is important to ensure that your investment is in safe hands, if your objective is to save your capital. The investors are often found to invest in a CD or Certificates of Deposits, with a bank that offers a higher rate of interest in comparison to a regular savings account. As an investor purchases a CD, a certain sum of money for a particular period of time gets invested with the bank. The investor then receives a periodic payment of interests on his invested amount. Post maturity, the investor can withdraw his deposit amount along with the interest that it has already accrued. But, if he goes for early withdrawal, a certain percentage of the interest gets deducted as an ‘early withdrawal penalty’.
Apart from the banks, the brokerage firms or the deposit brokers also offer CDs, nowadays. The investor stands to receive a pretty higher rate of interest from these brokerage firms. There are wide arrays of CDs to choose from and it is important to understand the whole of the terms and conditions before indulging completely in the CDs. The issuer needs to be identified if you are going for a brokered CD, the maturity date of the CD is also important. If it is a callable CD, you need to access the call features with great concentration as well. These are simple and obvious factors that are oft ignored or overlooked.
Written by srini on August 22nd, 2009 with no comments.
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This is particularly important for the religious workers. The U.S. Citizenship and Immigration Services (USCIS) has called for the special immigrant religious workers who are still awaiting their petition for Amerasian, widow(er), of Special Immigrant, in accordance with the Form I-360. Their filing for the application with regard to permanent residence of Adjustment in Status is required to complete all the formalities within the 31st of August, 2009 through Form I-485.
This is a serious reminder issued by USCIS due to the content of the publication that came under the U.S. Department of State. One can refer to the September 2009 Visa Bulletin, where it is stated that the visas for employment with regard to the fourth preference category will no longer be available from the 1st of September, 2009. The special immigrant religious workers come under its purview. A suitably filed Form I-485 that is based on either the pending or approved Form I-360 seeks the classification of the special religious immigrant workers into the following categories: minister (SD-1), non-minister (SR-1), or I-485 applications that are in concurrence with the I-360 petitions, within the specified date.
Those immigrant religious workers who do not fall under the purview of the September 30, 2009 sunset date and who fail to file their applications before the August 31st, 2009, need to wait for the fourth preference in order to seek an adjustment of their status.
Written by srini on August 22nd, 2009 with no comments.
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We save in order to build wealth and our objective is to stay prepared for the future financial alterations. Here are a few uncommon factors that save your investment and help your wealth to grow.
Through Compound Interest, you get to earn interest on the interest that is already present in your account. This is a very simple option which is oft ignored. So, a savings plan can be a very effective method to make your money grow.
Use the Rule of 72. An amount deposited in an account gets doubled within a specified amount of time. This occurs through compounding. The Rule 72 helps us to ascertain the time period. This can be obtained by dividing the interest rate payable by the account in which your money is deposited by 72.
The risk and return factor. There are different methodologies to build wealth. Those that involve more risk are found to offer greater returns. Wealth is usually built through a savings account and through investment in stocks. There is no chance in the loss of money in the savings account but in stocks, there are many causes that can result in the loss of money. And, the interesting part is that, you get an opportunity to earn around 10-15% interest while in a savings plan the interest rate is just 1.5%. You can also diversify your investments, to obtain the maximum benefits.
Written by srini on August 21st, 2009 with no comments.
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A new set of instructions has been issued by the U.S Citizenship and immigration services. Prior to making an official enquiry, check the status of his case from USCIS.gov. The details will be available once you click on the Case Status Online button and you enter the application receipt number.
The typical processing schedules can also be obtained from here. If a judgment on your immigrant petition or application is overdue, you also get to know facts regarding these details. An immigrant can also enquire about that status of his case by calling the National Customer Service Center (NCSC) at (800) 375-5283. It is necessary to provide the receipt number and the ‘A’ number or Alien registration number over here. It is advisable to stay ready with a pen and paper as the NCSC representative takes the call. You need to note down the officer’s name or ID number, the date and time of the call along with the Request Referral Number, that is, if you are provided with one.
If the immigrant fails to receive any result with a span of one month, he could e-mail his case to the USCIS Service Center. This information gets noted on the filing receipt or the correspondence form that you receive from the USCIS-EAC, if you opt for the Vermont Service Center, SRC for the Texas Service Center, LIN for Nebraska Service center and WAC for California Service Center.
Written by srini on August 21st, 2009 with no comments.
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Forex is actually the other version of the Foreign Exchange Market. This is the best platform that you can get to enhance the growth of your money in the international market. Forex deals in trading of foreign currencies of different nations of the world.
Forex works in association with different international banks and financial institutes of optimal repute. It helps them out in buying or selling currencies.
People engaged in international trading, often have to implement their business deals with foreign currencies, and find this platform very useful. Through Forex trading, there has been a tremendous growth in the entire process of international trade and investment.
Why is it a perfect choice for business men around the world? Well there is an array of reasons –
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- First, Forex offers extreme liquidity.
- Second, it offers the facility of geographical dispersion.
- Third, it offers a variety of options in terms of exchange rates.
- Fourth, extended trading hours, 24 hrs a day.
- Fifth, it offers spot transactions.
- Sixth, the facility of leverage.
Bank For International Settlements reveals that in the global foreign exchange, turnover of a business day comes to something around $3.98 billion.
If you are interested in Forex, you will be benefited from the information provided in the following top international institutes-
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- Morgan Stanley
- Barclays Capital
- HSBC
- UBS AG
- Deutsche Bank
- Citi
- Royal Bank Of Scotland
- JP Morgan
- Lehman Brothers
- Goldman Sachs
Written by srini on August 20th, 2009 with no comments.
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Bruce Willis or Walter Bruce Willis, the sphinx-like Hollywood Actor was actually an immigrant to America. Though born in West –Germany, Bruce is well known the world over as an actor and producer of high caliber who has created history of record breaking success with each and every film.
The career of Bruce Willis is a sprawling one. His enigmatic career initiated with the television industry. Fortune smiled on Bruce as he auditioned for the role of David Addition Jr. in the television series ‘Moonlighting’. This highly successful series earned him a reputation of a comedy actor, as well as financial success. But this was only the stepping stone for him into Hollywood.
He used the height of the show’s success and gained an ad campaign with Seagram for one of their beverage products. He earned $5-$7 million from this ad. His big break came with –‘Blind Date’. After this followed a series of success- ‘Sunset’, ‘Die Hard’ series, where Bruce performed death defying stunts. The first film of the series earned $138, 708, 852 all over the world.
The hit parade includes- The Jackal, Mercury Rising, Color of Night, Twelve Monkeys, and Armageddon.
The successful immigrant to America has acquired a huge property in Los Angeles, and has instituted his own production company called –Cheyenne Enterprise. He is the proud co founder of –Planet Hollywood.
Written by srini on August 18th, 2009 with no comments.
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The magic of the enigmatic Bruce Lee still drives millions of hearts crazy. This immigrant to America started his journey from scraps, and ended up touching the zenith.
The great entity had a sprawling career that earned him a place amongst the wealthiest and most successful Americans of the time. Bruce Lee is known all over the world as a movie star, film maker, philosopher, writer, martial artist of great repute, as well as a screen writer. He was celebrated as the maker of a whole new combat style by conceptualizing the – Jeet Kune Do.
The style he invented earned him immense popularity the world over. Bruce had even started teaching his philosophy and his martial techniques to the Americans. This was a great opportunity to him in terms of monetary gains. His classes had become immensely popular. Many celebrities joined his classes to embrace the oriental magic in their life.
The most influential martial artist had acted and produced a number of films based on martial arts. This was a prudent act of Bruce. The martial arts in films were a new concept. His films richly fused with scintillating and death defying moves were something the audience had never witnessed before.
All the films that he had done in his short span were a massive success. After the release, his films earned him money beyond measure. His most notable ones are – The Big Boss, Game of Death, Enter The Dragon, Way Of The dragon etc. He had also featured in a tele- series called ‘The Green Hornet’.
Written by srini on August 18th, 2009 with no comments.
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Hey! Great news for those of you, who just have a mind for traveling within a frugal travel budget. You have a desire to romp the most exotic parts of the world famous sites. What gets in the way is the hypertension of the money that would be flooded out in this venture.
The most prominent segment in this concern is the concern over travel fare. Well, you need not worry about that any more now. It is Lufthansa that takes the yoke on its shoulder by getting the rates of the air tickets into a record breaking cheap level.
You can avail the flights with the most incredible air ticket rates. The great offer on the part of Lufthansa would enable you to touch some of the most enigmatic, mesmerizing and mystic places sprawling in entire Europe.
Take a look at the air ticket rates offered by Lufthansa and I am sure it would suit your frugal travel budget if you are eyeing for these places. The list is something like this –
New York to Hamburg – $228.
Denver to Berlin- $226.
Charlotte to Paris – $238.
Washington DC to Athens – $245
Detroit to Milan – $240.
Houston to Prague – $266.
Los- Angeles to Madrid – $272.
The best thing of the offer is, they have included every service charge along with taxes. Now isn’t that something that you can term really and truly as a truly frugal budgeting?
Written by srini on August 17th, 2009 with no comments.
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