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Different people follow different types of life style. Some are always busy trying to earn hard money so they can think of investing in future plans. Thousands of people around the world make money for their future investments. The moment you go out and speak to the professional investment agent, most of them might give you different advices. Some of them might also advice you to try and invest all your hard earned money in different types of networking companies, bonds or financial institutes. Some of them might also advice you to invest in real time business by setting up a small or a big production of servicing unit. This depends on your choice where you want to make your best investment, but these certainly are not the only and the best options available.

Even before investing any money, you need to get familiar with all possible ups and downs of the investing industry. The factors may depend on the area of your interest. For many people around the world, who are also successful investors, investing money in real estate and home is a smart way to invest your money. One of the main benefits with real estate is that you can always have an option to rent it for more profits. This is not a very difficult task as you just need to make a few adjustments to the property and ensure that all possible documentations are valid.

Rental homes certainly are considered to offer you with a better income stream that is consistent for over a period of time. Apart from this, depending on the present market conditions, you can always expect the rental amounts to go much higher with time. Many people always look around for new rental homes as they are on move because of their jobs. Apart from renting home to a salaried person, you can also try and convert it into a nice vacation house. There are many people who try getting away from the busy schedule of their job and often look around for perfect escape vacation home.

The cost of rental can change according to the location of the home. So if you have invested in a home that is located in the deep forest, you always have a better chance to earn money. Also people with joint family always look out for extended homes for their loved ones and so you can try and come across to rent your home to them. If you are in contact of any social club then you can also try and offer your home as a perfect reunion spot.

As the value of real estate keep on increasing after regular period of time, you can always ensure to get best resale value after few years of investment. For many people, homes are always the best investment options as they get a chance to generate big profits over a period of time. As for homes, it is much easier to convince ourselves that they are always the best investment plans for anyone. So a smart investor always looks around for opportunities to invest in genuine real estate.

Perusing about an effective misselling harms assert a few days ago, I noticed another peruser remarking negatively on the way that “somewhat old woman” had been given a liberal honor by the court. She had been talked into separating with her reserve funds to put resources into a moment home in Spain at the stature of the property blast. Before long a while later, calamity struck as the bottom fell out of the market and the financial specialist was granted significant remuneration. While she was undoubtedly given careless guidance and should have been adjusted, it struck me quickly that it is not just minimal old women who require assurance, and now and then, they might be more educated than enormous young fellows.

The Generalizations and their Undertones

The little old woman, who is by definition an “unpracticed financial specialist” and in this way credulous and artless, is the opposite generalization of the knowledgeable man who is required to be an “accomplished speculator,” and subsequently merits little sensitivity, regardless of what ugly resource or portfolio he was sold.

Despite the fact that it is important to classify individuals to some degree keeping in mind the end goal to manage them, generalizations remain speculations. Venture generalizations may prompt to mistaken assumptions, incorrect spelling and to treachery in harms claims.

How much individuals truly comprehend about their speculations relies on upon different components, including how much cash they have contributed and for to what extent, the amount they were educated about their ventures and the amount they tried to teach themselves.

It is critical not to lessen sometime later issues with ventures down to what the financial specialist did or did not know. Here as well, distortions are perilous and out of line. It is simple for dealers to excuse practically anything ceaselessly on the premise that the financial specialist realized what he or she was getting into.

The way of the venture is similarly or considerably more essential. Not just are a few speculations a ton simpler to comprehend than others, one needs to take a gander at regardless of whether the venture was ever truly any great, and if conditions changed after some time, what, on the off chance that anything, did the merchant or agent do about any such changes?

One thing is clear. It is not any more substantial to accept that the eponymous minimal old woman was shown a good time, than to expect that a 40-year-old agent, with a degree in financial matters, comprehended what he was being sold. An elderly woman may have had a spouse who advised her for a long time not to trust stockbrokers and to be careful with having a lot of cash in stocks. By complexity, the male business graduate may now work in the promoting field, never having got to grasps with the reasonable items of speculations, depending on counsel and continuous administration from the vender.

Each Circumstance Is One of a kind and Must Be Considered all alone Merits

Distorted speculations are normal in the business, however are not a decent reason for giving or taking venture counsel or for granting harms. Everybody and every circumstance has interesting attributes, which decide to a vast degree what individuals need or require and what has a reasonable shot of being a decent speculation.

At the season of speculation, one can positively sum up to some degree along the lines of high, medium and okay, or an inclination for American versus outside stocks, for example; however such speculation has its judicious points of confinement.

What Does Make a difference Then?

Especially if something turns out badly, one needs to dig further and discover what truly happened, including the interaction between what the financial specialist ought to have gotten and really did. Hard actualities are what check, not oversimplified ideas in view of age, sexual orientation, formal instruction or even claimed understanding.

The very premise of good speculation, that has never showed signs of change and likely never will, is that one needs an appropriate, all around enhanced portfolio that is observed and balanced routinely. Reasonableness implies the right level of hazard as far as age, inclinations, profit, unpredictability et cetera. Broadening implies a sensible blend of benefit classes. Regardless of whether this situation won is truly the essence of the matter, significantly more than the age and sexual orientation of the financial specialist. Surely, reasonableness will consider the last elements in any case, however there ought to be no programmed and generalization based sensitivity for one gathering and the other way around.

What is sensible to accept is that, regardless of age, sex and other such variables, no typical financial specialist needs an unsatisfactory venture. What’s more, unless there is hard proof in actuality, it is sensible to expect that individuals would prefer not to bring huge punts with much, assuming any, of their cash. Hence, in managing dealers, or with a financial specialist who has brought about extensive misfortunes, the attention ought to be on the way of the speculations, and target appropriateness variables, as opposed to on a generalization which might be comfortable with the truth of the specific circumstance.

All that really matters

At the point when offering ventures, whether to minimal old women or to enormous young fellows, it is surely important to discover the amount they think about interests all in all and particularly about the one being referred to. In any case, it is more critical to guarantee that the venture is reasonable for the individual as far as the standard criteria, for example, age, general riches level, chance profile et cetera.

Afterward, if things turn out badly, nothing can be more wrong and unreasonable than hopping to generalization based decisions about what the financial specialist knew at the time, and after that overemphasizing the hugeness of such asserted information. Not just is such a shortsighted approach imperfect in itself, what truly matters most in such despondent circumstances is whether the speculation was any great in any case and reasonable for the speculator.

Alternative Investment implies investing in assets other than the traditional methods such as stocks, bonds, cash, etc. These could be private equity, hedge funds, real estate, commodities, precious metals, wine, art, etc. These type of investments are held by high net worth individuals, or institutional investors. The addition of this type of investment to the portfolio allows diversification, reduces risks and enhances returns.

The performance of assets used in alternative investments is relatively lower when compared to those in the traditional methods. They are relatively more difficult to value. They are also less liquid when compared to traditional methods.

Some popular types of alternative investments being widely used are:

Private Equity:

This can be defined as investing in private companies such as start-ups, venture capital, and financing throughout phases of the company’s growth. This investment is done in companies that do not issue public stocks. These firms raise funds through capital invested by institutional and non-institutional investors.

Direct Investment in Private Companies:

This implies investing in a start-up or a private company directly instead of the equity. This is a high risk and high return proposition.

Real Assets:

This implies investing in physical assets which are of high value. Examples of such assets are precious metals, real estate, oil, wine, art, jewelry, etc.

Hedge Funds:

In this case, funds are collected from a number of investors to form a common pool of funds. These funds are invested using different types of strategies to earn the return on investments. They have the advantage that they need less SEC regulations than other funds.

Managed Futures:

This is similar to Hedge funds where a common pool of investor’s funds is created. These funds are invested in various financial instruments such as commodities, currency and interest rate markets.

Financial Derivatives:

A financial derivative is an arrangement where the investor is promised a payment when a certain asset reaches a certain level. These securities include futures, options, forwards and swaps.

Fund of Funds:

This is a means of diversifying investments. It is achieved by investing in multiple managers, asset classes or strategies.

Private Placement Debt:

Investors can receive a steady cash flow by investing in a private company through promissory notes.

As the stock market becomes volatile and unpredictable, people are seeking safe investment methods. At such a time alternative investment schemes have come to a safe secure option to private investors. Therefore, they are becoming highly popular. However, they cannot replace traditional methods completely. They should be used to complement them. This will help to increase and diversify the investment portfolio and minimize the risks of investment.

Why acquire Copper Collectors items?

Throughout history mining harvests have been hoarded to be the hedge to protect against inflation. Despite the fact that the US dollar is continuing to falter in an uncertain global economy, metals retain their worth. Now copper, regularly considered a base or industrial metal, created interest from precious metals buyers. Many expect higher demand as India and china modernize and new technologies making use of copper are actually designed. Although some people opt to invest in commodities markets, many prefer to take physical possession of the metal, honoring the option that, “If you don’t hold it, you do not own it.”

Accumulating copper products can be regarded as a critical investment, or merely as a fun hobby considering the added and unique benefit of amassing unique value. In times of economic issues many collectibles lose value due to the fact that demand falls, but copper products always hold a commodity value.

In a very very worst-case scenario, should hyperinflation strike the us government dollar as it has with numerous fiat currencies before, many believe precious metals and copper products provides a way of bartering for other services and goods.

Precisely why are Copper Bars so Expensive?

There are many factors that trigger what appear to be high premiums on copper bullion as compared to the spot price shown for paper markets.

The first factor would be the fact copper is no easy task to process. Unlike gold and silver, which melt efficiently and do not oxidize easily when melted, copper oxidizes readily especially if heated. It entails the usage of special methods or chemicals to provide pure copper without bubbles or contaminants being created.

Due to this extra handling, uncontaminated copper is not easy to accumulate anywhere close to the raw market trading price unless you have a contract to opt for a typical shipping and delivery of multiple tons each month. Factor in the expense of processing, sizing, finishing, stamping or engraving, and shipping, and the price has reached the level you see on my web page.

Though there is a premium as opposed to the spot price for copper bullion, the same is true for silver and gold. In this particular market it seriously isn’t unusual for the premiums on silver coins to exceed $4 – $5 per ounce, and gold is regularly selling for $50 – $60 an ounce over spot. Looking at our popular 1 ounce copper rounds in terms of the premium over spot on copper, is significantly less than the premiums on both silver and gold.

Trading and investing into the financial markets has never been more popular. More and more people are starting to see the benefits of taking a little time to, first invest in themselves through a trading and investing education, but also using that knowledge on the financial markets.

Whilst traders may take quicker positions and investor will most likely be holding positions for much longer, perhaps months or even years. So, if you fancy investing into the financial markets successfully, and profit from companies you already know about like Google, Facebook or Microsoft, then these are the ten essential things that an investor must do and know before they start. Let’s take a look…

1. What are your goals?

It sounds simple but many people start investing into a trillion dollar market without any type of plan which, let’s face it, is essentially a gamble. Whilst it can be very simple to invest profitably for the long-term you must define your goals as this will align your expectations correctly, so you don’t kick yourself in the teeth if you don’t hit a million dollars in one day. For example, knowing whether you are investing for the next five or twenty-five years can make a huge difference to how you decide to invest.

2. Start early for compound interest

The single biggest reason to the success of most billionaires is the power of ‘compound interest’. Even Albert Einstein regarded this as the ‘eighth wonder of the world’. It basically means that your money makes you money as all the gains you make you put back into an investment so it compounds and builds over time. Sounds good right? It definitely is! The earlier you start the better but no matter how old you are it’s never too late to start but imperative that you do actually start!

3. Every little helps

No matter how little or how big you can invest, it is well worthwhile investing on a regular basis. It sounds so simple but most people don’t see the point in investing just $10 per month. However, if you look to the future by the time you’re very old that amounts to a lot especially if you parked it into some good investments over the years. Of course, most people have a ‘spend today and save tomorrow’ mentality and that’s the trap folks. Save and invest regularly to reap the rewards in the long run – you’ll be glad you did.

4. Diversify

It’s imperative to spread your capital across a wide range of investments to reduce your risk and increase potential returns over the long-term. Whilst some investments are doing poorly some others may be doing great, thereby balancing it out. However, if you’re fully invested into just one thing then it’s either 100% right or wrong. There are thousands of markets across currencies, stocks, commodities and indices so the opportunity is there.

5. Educate yourself

By far the most important tip. You must educate yourself and learn your craft. After all if you’re investing your hard-earned capital it makes sense to do your homework. Even if you read all the articles here and watched all the videos you’ll be doing far better than the majority of investing wannabes who simply give away their money to the markets.

6. Have practical expectations

Of course, we all want that million dollar investment and for many it will come at some point. But you can’t plan for that, if it happens great if not then you still need a plan to survive and to reach your goals as discussed in the first tip. Remember it’s the journey that’s the most beautiful part and what you do on a daily basis that makes the difference.

7. But don’t limit yourself

It’s important one must remain conservative in deciding which investment to take. However, that shouldn’t limit you to just what you know. Be creative and find opportunities no matter how uncomfortable they may be. After all if it was that comfortable everyone would be doing it. Be adventurous in finding opportunities but be conservative in deciding which ones to take.

8. Manage your risk

Successful investing is all about managing risk. If you have $1,000 to invest then there’s no point in putting all of that on just one investment. You’re basically saying it has a 100% success rate… which of course is highly unlikely. If you follow the steps above, like making sure you diversify, then you’ll be on the right path.

9. Review constantly

A very simple step to achieving more from what you are already doing is to review your investments constantly. However, this does not mean to look at your profit and loss of a five-year investment every single day – you’ll never make it to the fifth year as markets move up and down. But it’s important to review what investments have worked and have not worked. Concentrate on doing more of the stuff that has worked and find out where you’re going wrong with the stuff that hasn’t.

10. Have fun!

Sounds simple but most people forget that are best work comes from when we enjoy the process. Whilst investing is a serious process you are allowed to enjoy it too. In fact the buzz of finding an opportunity, researching it, investing into it and then seeing the result is exciting in itself.

There you have it ten essential tips for successful investing.

Here are our top 10 tips to optimize the on page SEO of your Website

1. Create high-quality content

What is important in optimizing and improving the on-page SEO of the blog is to produce the best possible content. Quality content that interests your audience. Content that solves the nagging problems of your audience while offering them what they are in search of.

2. Optimize titles

The headline may be the initial thing your readers see therefore it must seduce them. It’s also the section that is first Google takes into account to rank a typical page. To enhance the on page SEO of your website, you need creative titles but in addition optimized and also the main keyword has to arise in the titles.

Use the 70 characters Google displays in search results and make use of the main keyword. The greater at the beginning of the title the greater.

3. Optimize URLs

Although some CMS like WordPress or Blogger create URLS automatically, if you want to enhance the SEO that is on-page of website, always personalize them. The URL of one’s blog post has got to be short but abundant with content and relevant. Eliminate empty spaces by using hyphens between words.

4. Create links that are internal

Each time you write an article that is new the blog, create links in content that result in other articles on your blog as long as they truly are related, needless to say. Why?

1. You give Google ways to navigate your website and may rank it better because the links assist to transfer authority from 1 page to some other and reinforce the thematic relevance.

2. You give your readers valuable information as you enrich your content with other useful information. Have a look at point 6 and you’ll see what we’re talking about.

5. Connect to external pages

Linking external websites offers great value to your visitor as it gives them more info by what you’re talking about, of course, you really need to link to pages related to your content within the anchor text.

6. Optimize your images

Optimise the weight and size of the images before uploading them to the article.

Add the “alt” tag to any or all images, using the main keyword.

Fill out the “Title” label descriptively and making use of the keyword that is main.

Add a description towards the image.

Use an image compressing plugin like Smushit for WordPress.

7. Publish regularly

Google likes websites that are updated often. So create an editorial calendar and follow it. You don’t need to post every day but do it more often than once a month. And stay regular. On the same day and at the same time if you decide to publish once a week, always do it. Your readers will appreciate it.

8. Optimize content

The body of this article is where you need to work the hardest as it’s exactly what your visitors will read. We now have said it before but we repeat: the content is offering great value to your audience and get of great quality. Focus on solving problems for the readers and provide them what they are looking for.

Having said that, to boost the on-page SEO of your website, your primary keyword needs to can be found in your body but additionally variant words associated with the keyword that is main other related keywords and synonyms. Why?

Because Google doesn’t rank a page using only a keyword that is single it analyses most of the content (on-page SEO ) and external factors (off page SEO) to see in the event that content is applicable.

9. Optimize meta descriptions

The description that is meta of page or blog is exactly what appears when you look at the search engine results underneath the title and URL.

Aside from being among the factors that Google uses to rank a web site, it’s one of the best methods to invite visitors to click on your own article and not another.

The meta description should be seductive and suggestive for a person to click on your post.

10. Optimize the loading speed

Another very factor that is important enhance the on-page SEO of one’s website is the loading time. The reduced it is, the better, because Google likes pages that load fast. You’ll want to ensure that it stays under 0.5 seconds. The person who clicked on your link might get bored and click the back button in addition, if it takes ages to load. You can check your page speed utilizing the page speed insights tool.

You think there are other approaches to improve the on-page SEO of your blog? Is it possible to inform us your secrets? Leave comment below and discuss everything you do in order to optimize your site.

Say these five words out loud real fast: Bifurcation, Backwardation, ZIRP, NIRP, Contango.

Did you do it?

If so, did you sound like a cheerleader chanting some foreign language?

These are actual words used by many traders, gurus, and Wall Street promoters.

They may sound funny or confusing but they serve several purposes. (1) They reveal or describe certain market conditions. (2) They act as “signals” for trading purposes. (3) They’re meant to confuse and/or impress you.

And they’re only a few of the many words, acronyms, and sayings that make up Wall Street’s “Secret Language.”

Funny thing is, most people (myself included) aren’t impressed with words that don’t make sense.

However, if you have a basic understanding of them, you’ll be better equipped as an investor and more likely to stay ahead of the crowd. Think of it as learning how to “connect the dots” of a financial puzzle.

Compare this with trying to run a business in a foreign language (German, French, Japanese, Greek, etc.). If you don’t understand the language, you’ll most likely lose money… a LOT of money.

So, like learning any language, you need a good teacher or translator that makes it simple and easy to understand.

That’s where we come in.

In this article we’re going to feature a few words so you can see how easy it is to learn the language and, at the same time, realize how Wall Street makes things so confusing.

Let’s start with ZIRP. It’s an acronym meaning “Zero Interest Rate Policy.”

It was initiated after the 2008 meltdown to “supposedly” stimulate the economy. The truth is ZIRP has caused critical damage to most of the nations Pension Plans. (They need interest rates to be high in order for them to fund their plans for their pensioners.) ZIRP has also crippled most senior citizens who depend on the interest from their investments to live.

Even though rates are slowly going up, it’s going to take a long time to unwind the damage done by ZIRP.

But, let’s move on to NIRP. It’s another acronym meaning “Negative Interest Rate Policy.” Yes, you read that right. NEGATIVE Interest Rate Policy.

It’s more collateral damage from the 2008 meltdown and has been in effect mostly in European countries.

Here’s the crazy part. When a country’s government bonds have negative interest rates (currently -0.05% up to -0.36% or higher) investors have to PAY THEM to hold their money.

It’s a losing proposition for the investor and it’s hard to imagine anyone buying bonds with negative rates but millions have been sold.

We’ve only scratched the surface here but hopefully you see how these acronyms are very confusing and misleading.

The Indian art market is divided into two segments – Modern and Contemporary. Modern segment comprises of masters like M F Husain, S H Raza, F N Souza, VS Gaitonde, Amrita Sher Gill and more. Contemporary segment is comparatively young, around last 30 years. Alternately, Painters who were born after 1930.

1. Do your own research.

One of the first things to do before buying art is to empower yourself by reading up on art, visiting local art galleries, meeting artists/ collectors and other people who are actively involved in this field. Talk to artists, consultants and curators to get insights about the functioning of the art market and to also network with like-minded people intending to buy art also known as “Collectors”.

There are international auction houses like Sotheby’s and Christie’s which focus on Indian art. Also there are domestic auction houses like Pundoles, Asta guru and Saffron Art. You can contact dealers and galleries. You can also approach an art advisor. You can end up paying a consultant 2-5% fee for expensive works. The service for smaller works may cost 5-15% of the value of the artwork. Fees also depends upon rarity of art work.

Ensure that the dealers and galleries sell genuine/ authentic works. Art market is full with fake artworks, so make sure you do proper research before buying the art. Check few important documents while purchasing art like authenticity guarantee, a provenance certificate, that is the previous owners of the artwork, condition report, publications (if any). Nowadays, many auction houses like Saffronart do not provide authenticity certificate. While buying from the auction houses make sure you understand buyer’s premium and the total cost incurred by (delivery charge, taxes, etc). Usually when you are buying through a dealer, only the seller has to give commission to the dealer and not the buyer. This can also be happen when you buy from a gallery. Again this depends on dealer, gallery and artwork involved.

2. Quality, not quantity.

Invest in fewer pieces that are higher quality. Not all pieces done by a renowned artist are masterpieces. You must take help from experts to recognise a masterpiece. For instance, an oil on canvas is perhaps the most expensive form of painting. Then is an acrylic on canvas, followed by an acrylic on paper. Then would follow watercolor on paper and charcoal on paper.

3. Buy art that you like and understand. Allocate a budget.

Buy art that you like. It is something you may keep for a lifetime, as you don’t know whether you will be able to sell it or not. Unlike other forms of investment such as stocks, it is worth remembering that art has an aesthetic quality that can, and some say should, be appreciated outside of its monetary value. Art is a long term investment. Also, prices of a renowned artist’s works do not necessarily shoot up when he dies. Art should not form more than 5% of your total investments.

4. Maintaining the artwork

Once you buy the art, you also need to incur the maintenance cost like insurance, storage cost. Also you need to take care of the artwork, like art should be stored in an environment that does not get direct sunlight.

5. Investing in emerging artists

Experts say you can look at investing in emerging artists whose works are available from Rs 1 lakh onwards. Though they may be a good option, it is difficult to predict who will make it big in the future. For this, you need to take advice from experts in the field.

6. Prints, limited editions

If you have limited budget, you can also invest in limited edition prints like serigraphy, lithography.

7. Evaluating an artwork.

In west countries, art has a much bigger market. These countries have institutes that value art. In India, we do not have certified institutes that value art. But the artwork can be valued by auction houses and galleries. Of late, even insurance companies are vaulting artworks.

To begin with, your risk appetite depends on certain factors which are your age, personality, financial and past experience. You need to understand that younger people tend to have a higher risk appetite. This is attributed to the fact that they have a lower relative inexperience. Older folks may have experienced losses in the past due to bad judgment and decisions. As a result, they are more careful as they trod and progress in life. There are hard times indeed, and as such, you must be averse to risk. If you desire better results and big profits, it is essential you allocate your resources efficiently and avoid the risk of losing your entire invested assets.

First and foremost, you need to identify what are your asset invested assets. It may be financial, physical or spiritual. Financial advantages are cash, stocks and equities. Physical plus point are liquid assets such as buildings. Spiritual assets include your character, prayer and obligation to GOD. Given these points, your investment when done with a long-term focus can produce amazing high returns, which would support your future plans. How nervous do you get when you lose? The rule of the game is not to put all your eggs in one basket. It is important to diversify in order to reduce your stake. For instance, if you pull together all your money into a business venture, definitely, the chances of getting back your hard-earned money is hard because you have raised your risk appetite. The truth of the matter is if you do not want volatility, you better minimize the menace of instability and protect your investments.

Tips on how to manage a high risk appetite

It is important to take time to study your risk appetite. Keeping an eye on it can prevent minor mistakes from plunging you into big problems. Always make sure you learn the basics and set concrete and meaningful goals. Diversify and review your risk assets regularly in order to get a profitable venture. As you walk along the line, you need to learn how to reward yourself. Pay yourself by either selling a small part of your profitable venture or investing more in other projects. Did your goals meet up with planned objectives? Remember that there are many fraudsters waiting for the opportunity to steal your profits and eat the fruits of your labor. Avoid anything that is free it is usually a trap that may explode your risk appetite.

We all prepare for natural disasters by packing an escape bag, putting away supplies and buying insurance. Natural disasters are just a part of the cycle of life. Just as we prepare for them we must also prepare for those times in our lives when disaster strikes our personal finances.Just like the other protections, we must have insurance (income stream), supplies (cash available to outlast a financial storm) and an escape plan (for when you have no other options). This plan will see not only through natural disasters but through financial and life disasters. Let’s get our plan together.How do you pack and escape bag for financial disasters. In short what this means is to bring all of your personal and financial life together and having backup copies that you store somewhere safe. Store things like your financial documents also things like photos and videos of your assets in the same safe storage. At first this will seem like an over whelming task but once you have all of your records up to date then it is only a matter of keeping everything current.Although this is not an exhaustive list it will give you somewhere to start:· Birth, death and marriage certificates· Social Security Cards, passports and credit cards· Medical records, identification (drivers license)· Recent bank statements, copies of you mortgage(s) and property deeds· Car titles, insurance policies and insurance contact information· Three years of the most recent tax returns· Wills trust and powers of attorneys· Names and contact numbers of executors, trustees and guardians· A list of financial advisers along with contact information· All user id ‘s and passwords· A household inventory with cost and age along with a description· Copies of receipts for expensive items and items that hard to replace.Store these items either in a safe deposit box or in a secure online backup service. If at all possible use both.Next is to have backup supplies. This will mean to have at least 6 months worth of monthly cash easily available. When your income is destroyed your personal finances are immediately in danger of being destroyed. If you are not prepared it may take up to 10 years to recover.You should have at a minimum 6 months of income in an account that is readily available. Do not just put 6 months worth of expenses in this account but your full income of 6 months. This way if you have to draw it out to a full year you can lean out your expenses and survive.Be prepared during this time to take on part time work and odd jobs to keep from using all of your cash on hand because when the crisis is over you will have to replace this cash again.Finally, how do you have an insurance policy to prevent a personal finance disaster? Create a second income or even a first income that you are in control of and that will continue to provide you income no matter what happens in your life. Learn to invest in yourself and to be in charge of your own destiny.Today more than ever, you can be a small business owner whether it is something you do part time from home or with an online virtual business. These types of businesses require very little startup capital but do require that you invest time and energy.Find something that you love to do and can have fun at. If you love it someone else will as well and they will want to know what you know. What better way to weather a storm than doing something you enjoy.This will also grow your savings and help you to build a retirement plan for later in life when a disaster would be harder to escape. Always think to the future.To find out more tips on your personal finances and retirement planning and savings planning see the resource box below.