Posts Tagged ‘Education’

Illinois Insurance Continuing Education – Split Annuities

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Sep 09 2010

A “Split Annuity” is not a product, actually it is a technique that can be used with either a fixed-premium annuity, or a Variable Annuity. It is designed to allow a certain percentage of the principal and interest to be withdrawn by the contract owner, while the remaining investment grows (and compounds) and with the prospect of eventually equaling the original investment amount.

The concept is simple: The contract owner divides the account into two parts. One part is completely liquidated, and the other part is used strictly for growth. While either a fixed-premium annuity, or a Variable Annuity can be used, obviously only the fixed-premium contract can make the guarantee that the original amount will be completely restored within a pre-determined period of time.

The purpose of the Split Annuity concept is to maximize income and at the same time, keep wealth intact. It also has a tax advantage. The way that this would work can best be explained in the following Consumer Application.

CONSUMER APPLICATION

Bradley has freed up $100,000 because of a market transaction. He wants to have a current income but he also wants to make sure that after a certain period of time, he still has his $100,000. And, he wants to do this and still have a tax break.
Bradley invests approximately $60,000 into a fixed-premium annuity which guarantees a 6% rate of income over the next eight years. He then takes the remaining money (approximately $40,000) that is immediately annuitized for the same period of time – 8 years. The insurance company issuing the annuities furnish the exact amount that can be used to accomplish his purpose.
According to the interest credited by the insurance company, the approximately $60,000 will be work $100,000 (exactly) at the end of the 8 year period. During this 8 years, he will receive approximately $450 per month (again the insurer will calculate the exact amount).
The tax break develops because 82% of the $450 per month is not subject to income taxes because of the exclusion ratio.
His goals have been accomplished.
As an alternative, Bradley could invest the $40,000 into a variable account that could take advantage of the returns of 12% – 13% growth of the stocks (over the past 50 years). If he had invested 8 years ago, with the recent stock market gains, he would have had substantial growth in his sub-accounts. Just at $12%, it would have grown to over $90,000.

Unless an individual annuity is used to fund an IRA, it is nonqualified. While premium deposits to a nonqualified annuity are not tax deductible, interest earnings are tax deferred and enjoy all of the other related advantages.
In addition, nonqualified individual annuities are not subject to the strict contribution limitations of an IRA.  As a result, individuals may deposit much more cash into a nonqualified annuity each year than they are permitted to deposit into an IRA. For many people, the flexibility, the potential for depositing greater sums for retirement savings and the relatively fewer Internal Revenue Code requirements and limitations on nonqualified annuities, add up to a better choice than an IRA.

http://www.myceisonline.com

Illinois Insurance Continuing Education

Forex Education: How To Cut The Learning Curve In Half

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Sep 07 2010

According to one veteran trader, forex education can take anywhere from a few months to 3 years, depending on a person’s level of experience or aptitude.

That’s quite a learning curve and plenty of time for despondency to set in from your partner or family members as they see you sat in front of a computer screen hour after hour, and no money coming in as a result of your efforts.

Thankfully there are simple steps you can take to cut the learning curve in half.

If you are an absolute beginner and know nothing about the Forex, then you need to spend a few hours reading up on Forex basics, educating yourself on the terminology and how the market works.

Then open a demo account with an online broker and devote a few days to getting thoroughly familiar with your trading platform and charting package.

Learn the various menu options and how to put in entry orders quickly, setting your entry point, stops and limits so the procedure becomes second nature.

Once you have laid that foundation you can now starting moving up the learning ladder. The following suggestions will significantly reduce the time it takes to become a profitable trader:

1. Invest in a Forex education package.

Not all Forex education materials are born equal. A lot of what is out on the internet is full of ‘fluff’ and ‘filler’, written by people who deal with theory but do not actually trade themselves.

So in choosing a Forex education package be sure the people behind it are professional traders themselves with a successful track record. Often, by putting the name of the Forex education course in Google you can check out forums and user comments which can be revealing.

2. Maintain an ongoing Forex education

Once you have gone through your Forex education course once you need to do it again and again. In other words, you have an ongoing Forex education. Why is it important to go through the coarse materials a number of times?

Because there is so much information it is not possible for the brain to absorb it all at once. As you practice and develop as a trader, information you previously read which didn’t make much sense at the time, will now take on new meaning as you associate it with actual trading scenarios you may have had as you progress in trading.

3. Take notes and create a diary.

This is a biggie! Every successful trader I know has made a record, taking note of their good trades and losing trades as they gain experience. True, it involves work and effort. But in the long wrong, this single step alone will significantly cut down your learning curve.

Without taking notes and doing a post-mortem on your trades, you can go on repeating the same mistakes over and over. This is time consuming, frustrating, and exhausting. By keeping a record you are able to identify patterns of trading behavior you need to correct.

These days with free screen capture utilities available on the net, you can just save a gif or jpg image of your charting screen, print it off, and write notes all over it, highlighting features on the chart that made you do what you did.

Going back over these print outs and learning from them is a very, very powerful method for bringing you up to speed as a successful trader.

4. Keep studying the charts.

There is no short cut for this. You will need to spend hours going over the charts, identifying patterns, trends, support & resistance lines etc. The more time you spend doing this, the quicker you will develop a feel for the market.

After much practice these elements will jump out at you every time you just glance at a chart. That’s the stage you want to reach, instant recognition.

Rather than blindly continuing day after day, practicing in a demo account and getting nowhere:

1. Invest in a professional Forex education course
2. Maintain an ongoing education by repeat readings
3. Keep records and carefully analyze your trades
4. Invest time in developing instant chart pattern recognition

These four key points, when applied, will give focus and direction to your Forex education and your learning curve will be significantly reduced.

Why not explain to your partner or other family members your program or plan of action so they know what to expect?

Help them realize this business involves a large investment of time and energy until the skills are acquired and with perseverance and application your Forex education will result in a substantial income.

Getting An Online Education

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Sep 04 2010

The Internet has completely evolved from where it began, completely changing how we live our lives; right down to the little aspects. You can pay bills, go shopping, manage your bank account, and communicate with friends and family, keep in touch with employers and so much more, right from the convenience of your own computer. One of the more recent developments that have gained popularity is getting an education completely online. Whether you are getting a high school education, or more popularly, a college education; it does not matter because you can do both solely online and get a degree for it.

Obtaining a degree online is the exact same thing as getting a degree physically at an actual school; the only difference lies between the fact that you are not actually attending a physical school, college or university. One of the main reasons why an online education is implemented is so that a student who lives quite some distance away from the particular school in question, can still go to school without leaving his or her current place of residence; rather he or she can just attend the same courses online from home. Distance learning is not strictly the only reason, but it is however the reason that comes up the most.

You can obtain almost any degree online that you could by physically attending the school. There are many websites online, such as www.elearners.com, that serve as a directory for all the degrees available currently online and what school is offering that course. As of now, you can find well over 2,000 different degrees and schools on elearners.com. There are other websites that also show what degrees are currently available online, but elearners.com is probably one of the most popular because of how large it is.

Most colleges and universities will offer some form of online learning for its students who live far enough away, that is would seem irrational for them to physically attend. Online courses are virtually the same thing as physical courses; you have to do the correct work, do it right, take tests and get a degree. You just will not have physical contact with a teacher or professor, although you will have one to guide you virtually. Depending on different factors, online courses can be extremely cheap or sometimes even free; however sometimes they can be a couple thousand dollars or more.

Getting an online education is becoming increasingly more popular because of the number of students who are learning from a great distance away. Most colleges and universities offer some form of online degree courses and programs due to their success and popularity. More information can be found online, such as which schools offer online courses, what degree programs they offer online, how much it will cost, intricate details about each online course and so on and so forth. One of the best resources to see what colleges are offering what; www.elearners.com is probably one of the best website on the web for this information.

Demystifying Cyber Schools — the Benefits of a Virtual Education

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Sep 03 2010

Throughout the school year, parents and caregivers everywhere are thinking about and making plans for their children’s education—and there is a lot to think about. Specifically, “what kind of school should my child attend?” With so many options available, from the traditional brick-and-mortar public schools to charter schools to religious schools, students have more educational choices than ever. One option is the increasingly popular and innovative virtual school.

Virtual schools started appearing in the late 1990s and are currently available in several states across the country – including California. According to A National Primer on K-12 Online Learning from the North American Council for Online Learning (April 2007), at the end of 2006, 25 states offered state-led online learning programs, and 18 states were home to 147 virtual charter schools serving over 65,000 students.

Yet, despite the steady growth in interest and enrollment, many people don’t understand how virtual schools work or the numerous benefits they provide – to both students and our education system.

Virtual learning enables school districts to deliver a flexible educational option via the Internet and allows educators to address the specific gifts or challenges of the individual student. Virtual students have notable educational support as they learn from home with parents or caregivers while working with teachers over the Web. Virtual schools typically provide a print-rich curriculum that combines textbooks and hands-on materials along with technology tools.

But what does all that really mean? The benefits of virtual education come in many forms. For the student, “wearing your pajamas to class” may be one of them, but it’s far from the defining characteristic. Above all, students are offered high-quality, highly accountable, individualized learning. Teachers, parents and students work together to plan the educational path that is right for the student. Does the student require additional work in Algebra? Are they interested in learning Chinese? Do they want to focus on one subject for several days? These are the types of questions and options virtual learning affords. With virtual learning, the actual school work and education are the main focus, while the time and place it gets done is secondary.

As a result, virtual schools attract all types of students, resulting in a diverse and unique student body. A typical virtual class may include students who are far ahead of their peers in a traditional setting, as well as those who are behind or require additional assistance in certain areas. Or, students who need a rigorous, yet flexible learning schedule to accommodate a sports or acting career. It also brings together students from different towns. Yet these students are learning together, from each other, and sharing on many levels.

While many parents worry about the social implications of having their children enrolled in a virtual school, many of the schools take this into account and make it easy for the kids to interact with their peers. Some virtual schools provide planned field trips where students can interact with one another in person, and online bulletin boards where kids can talk about the latest Harry Potter movie or meet a new friend with similar interests from another state.

The dedication to your child’s education is also paramount to succeeding in a virtual learning environment. Parents or caregivers directly contribute to and participate in the student’s day-to-day education process while lessons can be delivered when and where it works best for both. For example, Carissa Lim is currently enrolled in a virtual school program and is taught by her mother, Nancy Lim. Carissa is also a gymnast who spends a great deal of time practicing and competing in her sport – a traditional school schedule and environment was challenging and did not support her lifestyle The virtual learning model offers families like the Lims an alternative to public school education with a flexible schedule while still providing an enriched and challenging curriculum.

“My daughter needs an outlet for her athletic passion and personality and she just wasn’t happy in a traditional public school,” said Nancy Lim, a virtual school parent. “Virtual learning allows us to advance in subjects she is interested in and allows her to pursue gymnastics at the same time – I couldn’t ask for a better arrangement.”

Parents of students in virtual schools consistently give high remarks on their children’s education. For families who find that traditional schools are not providing the individualized attention they want, virtual schools continue to provide a highly effective and successful alternative.

World Online Education: What You Should Consider While Looking For Degree Online Colleges

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Sep 02 2010

Getting world online education has become convenient for many of us who want to advance our careers. It is very popular because you can attend the classes from anywhere in the world. The major requirements are a computer that is Internet enabled. The universities and online colleges can interact with students all over the world. The online institutions offer a wide range of online programs. Online accredited colleges have drastically reduced the gap between the people who do not have a college education and those who have.

Degree Online Colleges: What You Should Know

The reason why degree online colleges are popular is because they are not as expensive and time consuming as conventional degrees. They also still carry the same prestige that accompanies a regular degree program. It allows you to continue working and schedule your schooling to your preference. There have been some great technological advances that have made online programs possible. There are a variety of degree online colleges that are available on the Internet however some career fields make earning a degree online difficult if not impossible (examples of these degrees are drama and massage). 

Most academic degrees programs are those that associated with accounting, computer science, business and history. The online degree programs are quite similar to the conventional ones with the added bonus of working from the comfort of your own home. You get assigned reading and other materials in addition to lectures which will be delivered via video streaming or PDF format. The method of delivering the course outline and the syllabus will depend on the online university that you enroll in. The students are requested to choose the time frame they expect to complete the education.

Conclusion:

The best thing about world online education is there are no pressures from lecturers. You should take your time to choose the best degree online colleges out there.

Online Education form an Ivy League School

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Aug 30 2010

Many people have dreamed of attending an Ivy League School but circumstances and location may have prevented this from becoming a reality. No longer. There are many Ivy League online classes now available. This means that irrespective of where you are or limitations like work or family responsibilities are no longer a factor, and you CAN earn an Ivy League online degree. The following Ivy League schools offer online education:

Columbia University

The two primary schools at Columbia offering online programs are Engineering and the Teacher’s College. The Graduate Engineering department, through the Columbia Video Network (CVN), offers graduate distance-learning courses. CVN allows students anywhere in the world to pursue fully accredited engineering courses and degree programs through the internet. The Teacher’s College presently offers more than 300 online courses.

Harvard University

This esteemed institution is yet to offer a complete online degree program, however, they do offer two graduate level online certificate programs that can be completed entirely online. These are Applied Sciences and Environmental Management. Please note, if you are interested in earning a degree through the Harvard Extension School, you may do so, but you will have to combine online courses with some classroom attendance.

Cornell University

Cornell offers a number of online certificates and courses ranging from Issues and Concepts in Equal Employment Opportunities Law and Employment Laws for the HR Professional to Fundamentals of Welfare and Flexible Benefits and Organizational Culture and Work/Life Balance. If you want to spice up your resume, Cornell University offers several 100% online certificates.

University of Pennsylvania

Penn currently offers the following online programs:

PennAdvance: This offers individuals a way to earn Penn undergraduate credit or audit Penn courses from any location.

Dental Education: Online continued education opportunities are available from the School of Dental Medicine.

Medical Education: CME course offered from the School of Medicine.

Nursing Education: Professional Development courses are offered from the School of Nursing.

English Language Programs Online Courses: These are reading, writing, and test preparation courses for international professionals and students.

Dartmouth College

Dartmouth College now offers the Dartmouth Online Bridge Program which is founded on the school’s campus-based Tuck Business Bridge Program. This is a “total immersion” business program for liberal arts graduates, PhDs, and what are referred to by Dartmouth as high potential employees. The Online Bridge Program is made up four programs series which include financial accounting, finance, marketing, and managerial economics. These programs offer students twenty-five specifically focused courses in the area of business, accounting and finance.

Yale University

Yale University currently only offers online degrees from its School of Medicine, however, they also offer some free online classes, although these are more based around course material not actual classes as such. These include courses in Astronomy, English, Philosophy, Physics, Political Science, Psychology, and more.

Summary

These schools are considered among the best in the world, so earning an Ivy League online degree has to be seriously considered by anyone wishing to add an Ivy League school education to their resume.

Interpretation of Student (education) Loan to Study Abroad

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Aug 28 2010

Student (education) loan is one of the major factors to study higher education abroad, where in the countries like India students cannot afford for overseas education. As the cost of education is increasing steadily it became a quandary for the students and their parents to take it on board. While the parents aspire to give best education for their children, their financial necessities dissuade them from embarking on this expedition.

Though, the study programs like engineering, technology, computer science, medicine and management costs much expensive and if you visualize these course abroad the count goes tripled or quadrupled. In such situation, it would be wise and of course ought to prefer for education loans.

However, many banks today are facilitating student education loans and the demand for the loans is on a rise as the cost of education is escalating over the years. Student loans are classified according to the priority sector lending for public sector banks, which are even offered at the low interest rates. The following are some of the necessities that students have to be attentive while applying for the education loan.

Usually, students will be asked to repay the loan amount after the 6 months of the course completion. So that students could find enough time to search a job and get in to that and have flexibility in repaying the loan without involving much hassles in them. The tenure of the student loan ranges between 5-10 years, which may be varied based on the bank and the loan amount.

To apply for student educational loan you need to fulfill certain eligibility criteria. To qualify for the loan student should have attain the age of 18 years and should have a bank account and have to prove of seeking for studying abroad.

Necessary Documentations For Education Loan

Mark sheets of previous academics

Proof of admission

Schedule of expenses

Borrower’s bank account statement

Income tax assessment order of last 2 years

Proof of income

Brief statement of assets/liabilities

The student education loans are offered for both the graduate and postgraduate courses. Usually, the loan amount is higher for the professional and postgraduate courses than for the other courses. This kind of loans covers the entire student expenditures including the tuition fee, library, accommodation, books, conveyance and all the other relating outlays.

Preparing for a College Education

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Aug 28 2010

You’ve probably heard that by the time your child graduates high school it will take a fortune to go to college. While public colleges and universities are reasonable for many families right now, the cost is expected to rise to over $100,000 in 18 years from now. Want to send your child to that same private school you attended? Be prepared for a tuition of close to a quarter of a million dollars.

But if you start right now, you are going to be just fine. Time is the biggest factor in saving a large amount of money. It can work for you if you start today. If you wait until you child is in high school, it will not be your best friend — it will just move too fast.

I don’t know where to begin, you may be saying. So many parents aren’t saving for their children’s education because they really don’t understand what they will be facing. Many expect grandparents or other relatives to help out. But they don’t realize that 18 years is a long time and a lot can happen.

Start saving now. Every little bit counts. Remember that the early you start, the less it will cost you. Interest works for you in many ways. Even a few dollars a week can end up buying several classes later on.

Start by estimating what your child’s education will cost. At 5% inflation, the average public university may cost around $24,000 a year in 18years. If you have older children, the cost in ten years will be around $16,000 using the same calculations.

Use these numbers to get you motivated. And yes, some of the education costs may be covered by scholarships and financial aid, but you never know. It is better to save too much than not enough.

You can simply use an online calculator to determine how much you will have to save each year to reach your goal. Remember, interest is working for you here, so it isn’t as simple as dividing the goal by the time you have to save. You will find that the sooner you start, the less you put in.

Keeping this in mind, a savings account or money market account doesn’t pay very good interest. Most advisors recommend that if you are starting early, you should be aggressive. Stock funds out-perform other investments over the long term. Remember, this is an investment that requires your attention. Don’t just put it somewhere and leave it. Pay attention to the performance of the funds. As you get closer to your child’s high school graduation, start moving the money into more conservative investments.

Many people want to know which is more important, saving for retirement or for a child’s college education? You can do both. Make your retirement your priority, but don’t ignore the savings for your child. Parents that are disciplined in saving money will teach a child a lot in life. Just as the college experience will.

Master in Nursing Degree Online Education – Excel in your Profession

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Aug 23 2010

The students are trained perfectly to take up this competitive profession. It is important to have a bachelor’s degree before pursuing a master’s degree course. Online master’s degree can also be attained in a large number of other subjects like Business Administration, accounting, Information technology, health care management, psychology, web designing etc.

Meeting The Demand For Nurses

With online nursing schools, theses days it is possible to achieve master in nursing degree online education, complete with the required practical training, in a very short span This prepares the students for competitive employment market. Online nursing degree makes it possible to meet the ever-increasing demand for health professionals and medical assistants in health care industry. With the fast changing expertise and specialized health services, there is a need for superior teaching in all spheres of medical and health care industry. Therefore, the students with master in nursing degree online education; will forever remain in demand.

Various courses help you to stand out in this vibrant profession. These courses are prepared to give best online nursing continuing education to the students. Master in nursing degree online education helps to meet the employers’ requirement for nurses having modern qualifications, to perk up the organizational competence and excellence in health care. Some specialized nursing fields, requiring qualified professionals are antenatal, labor, delivery and neo-natal care divisions; emergency units and operation theatre specialists, critical disease units and clinical nurse specialists.

A great number of students take up master in nursing degree online education to advance in their career. The online nursing courses, which are reputable, provide useful coaching, which is well received among the students, and the medical professionals. The course is altered for individual students, keeping in view, their preferences and career objectives. The students undertaking the nursing course at online nursing schools are introduced to the theories of nursing. They are also given hands-on practice to train them for the challenges and duties involved with the job of a nurse.

Master in nursing degree online education also prepares the students to undertake organizational and supervisory duties of a nurse. The team of teachers at online nursing courses is very able and extremely capable and therefore, adds extra value to the degree. They also possess realistic nursing experience along with their knowledge on the subject. This is all about the nursing course and its applications. The best advantage of an online nursing course over a traditional course is the ease and comfort it offers, at a much lower cost.

Essentials Of A Forex Trading Education

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Aug 23 2010

For traders, getting forex training provides an alternative investment option to traditional stock market investing. While there are thousands of stocks to choose from, there are only a few major currencies to trade (the Dollar, Yen, British Pound, Swiss Franc, and the Euro are the most popular). Forex trading also provides a lot more leverage than stock trading, and the minimum investment is a lot lower. Add to that the ability to choose flexible trading hours (Forex trading goes on 24 hours a day) and you have the reason why so many stock traders have flocked to day trade currencies.


Many people are interested in getting involved in the Forex. Before doing this, you should get proper forex training. You should never get into Forex trading without a good forex trading education, as there is a potential for loss if you don’t know what you’re doing. With the proper trading program, you can be on your way to making a tidy profit.


The first part of a good forex training program should be to learn the market background. The foreign exchange market is always changing. With a proper forex trading education, you will learn how to monitor these changes in order to discover potential beneficial situations.


The next part of your forex training is to learn about risk control and risk management. You first must learn self control, so as not to invest more than you have available. You will also learn how to cut your losses (how to exit losing trades before your losses exceed your limits). You will frequently lose money when you first begin trading on the Forex. This is actually a part of your forex training and is absolutely crucial to helping you learn the valuable and basic lessons of forex trading.


Another important part of your forex trading education is to learn how to open and manage your Forex account. In fact, your forex training might first begin after you’ve opened and started to practice with a demo account. This way you learn the ropes by practicing Forex trades with essentially “play money.” There is no risk involved, but it is just as realistic as actual trading. Your forex trading education should give you and end point to let you know when you are ready for the real thing.


There are many ways to get a forex trading education. The best place to get this trading education is online. There are many free websites available that let you open free demo accounts to practice your Forex trading. There are some great ebooks and methods out there. There are also free seminars that are avaiable at various times. One of the best things to do is to get some advice from someone who is a current Forex trader. They can give you some down to earth insight on the subject of forex trading education.