Is Dollar Cost Averaging a Good Idea?

Is dollar cost averaging really all it’s cracked up to be?

If you have been looking to make an investment, you may have come across the idea of dollar cost averaging. But it’s hard to know if this is a good idea unless you really understand the concept.

In this article, we will take you through the idea behind dollar cost averaging and point out the main benefits and uses of this investment technique. So, let’s jump straight in and prepare ourselves to invest!

What Is Dollar Cost Averaging?

Dollar cost averaging is a basic investment technique in which you invest an even amount of money in an asset over time, without worrying about its market price.

For example, you might decide to invest in a commodity over the course of a year. What you would do is decide your total investment amount and then divide it evenly across different intervals.

To make things simple, we will say that the total investment amount is $12,000 over the course of a year. To use the method, you would invest $1,000 each month for one year to make your total investment.

The main idea behind this investment is to not be affected by changes in the value of the dollar over time. Effectively, you are averaging the dollar price over a given period.

The reason you want to do this is that the dollar cost can be quite volatile because of various changes to the overall market.

Is It a Good Idea?

Dollar cost average has been favored by many investors who see it as a conservative way of benefitting from overall market growth, without trying to make complex predictions of peaks and troughs in market value.

For this reason, you are unlikely to make any massive windfall from your investment. It is not the same, for example, as the idea of day trading. This method seeks to make short-term gains on the volatility of the market during very short periods of time.

Using the dollar cost average method has a much longer-term outlook.

This means it is a very valuable investment technique if you are not prepared to risk your savings being quickly depleted.

This is why it is used in many 401(k) plans for retirement investment. You do not want to risk your retirement savings on the volatility of the stock market, but you also want to see it generally appreciate.

For this kind of investment, dollar cost averaging is perfect.

Investment Is a Personal Matter

Before you make any kind of investment, you need to be sure that what you are doing is right for your personal situation. A lot of us can be fooled into thinking that it is easy to make money on the stock market.

But the truth is that it is not easy to make large, quick gains on investments. If you cannot afford to lose the value of your investment, you shouldn’t listen to the advice of get-rich-quick investment schemes.

Dollar cost averaging is a much more secure and trusted method of making your money grows over a long period of time.

If you’ve found this information useful, why not check out some of our other great articles on investments?

Office Space

The Key Advantages of a Serviced Office Space for Your Small and Growing Business

Many businesses today have had to evolve with the changing times, and a lot of businesses are finding new ways to economise and save money and resources as well. Small businesses, in particular, are trying to be more practical, and along with this come the increasing popularity of serviced offices. If you have a small enterprise and are looking to expand and find the proper space where you can conduct business, meet clients, and give your clients a better overall impression of your company, then you may also be thinking about serviced offices. But what exactly are serviced offices, and what can you expect from them? Here’s what you really should know about the key advantages of a serviced office space for your small and growing business.

What it really is

Serviced offices are usually furnished spaces which are also equipped with electricity and communication technology such as internet and telephone connections, and they can also come with additional services such as cleaning and maintenance, meeting room rental, kitchen and reception areas, and more. A typical serviced office will be managed by a serviced office operator, and these operators often rent or lease out various-sized spaces to clients, and this gives clients access to a wholly private space for their needs without the hassle of a long-term lease.

The real advantages of serviced offices

  • Flexibility and a short-term lease

Business startups and small businesses are keen to grow, but they can only expand if they have the proper assets at their disposal. And a serviced office is definitely an asset because it offers flexibility and a short-term lease, which means that once your business grows, you can easily opt for a bigger space or end your agreement or contract with only a month’s notice in advance. If you want your company to be agile and are looking for convenience, serviced offices are ideal.

  • A cost-effective solution without any downtime

With serviced offices such as office space to rent in Manchester from Cariocca Enterprises, you can have a truly cost-effective solution for your business space requirements, and you don’t have to deal with downtime, either. You need only pay for whatever space you use, and most of these spaces are also furnished and already come with capabilities such as Internet and telephone lines, CCTVs, parking facilities, reception services, meeting rooms, and more. All you essentially have to do is choose your office or business space, move in, and start working, so you don’t have to deal with any downtime in your business. The serviced office solution has indeed helped a lot of small and startup businesses because it frees up their financial resources for other priorities as well.

  • The opportunity to meet other business owners and prospective clients

Most serviced offices are centrally and ideally located, which means that they are often near other business centres and offices, so you can establish your business base and be confident that you can meet other business owners and even prospective clients with ease. You can stay in a place which you may not be able to afford if you were to rent a space traditionally, and you can take advantage of the convenience it gives in terms of networking and connecting to other people with the same goals and mindset.


Purchase Refuse Vehicles

Is It Better To Hire Or Purchase Refuse Vehicles?

When you are interested in adding some new refuse vehicles to your fleet, you need to carefully consider a few factors. Not only do you need to make sure that you get the right model first but you also must make sure that you can afford the purchase. When it comes to refuse and municipal vehicles, it is possible to hire out the bodies. But is this the right option? Read on to see whether it is better to hire or purchase this kind of vehicle.

What Is A Refuse Vehicle?

If you are unfamiliar with what a refuse vehicle actually is, you should know that it is the kind of vehicle that collects municipal solid waste. These vehicles then transport this waste to a solid waste treatment facility typically, from where the waste is disposed of. Many local municipal councils use these kinds of vehicles to fulfil their weekly waste disposal requirements and keep their areas in a good condition. However, they can be used by private companies if they require it. With so many models on offer, it can often be tricky to find the right solution.

Buying It

There are many advantages to buying a fleet of refuse vehicles for your business and this is something that you should carefully consider. When you check for refuse vehicles for sale online, you can find a variety of models including an Eco Pack or a Semat. Buying a vehicle will provide you with the tools that you need to do your job and you won’t need to worry about the vehicle hire company being out of options. Of course, you will need to pay a lot more to buy these vehicles outright but it can save you money over the years if you use them every single week.

Hiring One

On the other hand, hiring a vehicle for your refuse needs can also be extremely beneficial. Not every council needs to have a fleet standing by, especially if there are collections only taking place every few weeks. For this reason, you might want to consider hiring a vehicle that you can use when you need it. This can save you a lot of money and you won’t need to find somewhere to keep the vehicles when you are not using them. When hiring, make sure that you choose a company that can offer a good supply when you need it.

Which Is Better?

There are pros and cons to both buying and hiring these kinds of vehicles so you need to assess what is right for you. You must remember that buying them will cost a lot of your budget but it can save you money in the long-run. Consider the fact that hiring could mean that you don’t need to store your vehicles or maintain them throughout the year.

Hopefully, you should be able to figure out what is best for you and find the perfect refuse vehicles for your business.

filing business taxes

The VAT Regime Options You Can Count On

If in doubt, to know the VAT regime applicable to your business and to obtain qualified advice, speak to an accountant.

The normal diet

Each company must submit a monthly declaration. Companies whose turnover does not exceed 2,500,000 euros excluding VAT (250,000 euros excluding VAT for deliveries of mineral oils, mobile phone devices, computers and their peripherals, accessories and components, as well as that of land motor vehicles subject to registration regulations) may submit a quarterly declaration. For filing business taxes this is important.

Special regimes

  • The VAT exemption concerns entrepreneurs who achieve an annual turnover not exceeding 25,000 € (excluding VAT).
  • The flat-rate regime applies to companies whose annual turnover does not exceed 750,000 euros (excluding VAT), which mainly deal with individuals (mainly traders). ( see full list )
  • The agricultural regime is reserved for farmers who have no other activity than cultivation, breeding, etc.
  • The margin tax regime is applicable to second-hand goods, works of art, collection or antiques.

The transactions liable to VAT are:

  • Deliveries of goods (subject to Belgian VAT if the place of delivery is located)
  • The provision of services (anything that is not a delivery of goods)
  • Imports (introduction into Belgium of a good from a non-EU country) the invoice does not mention any VAT but the buyer must pay it when the good enters Belgian territory. This tax is deductible.
  • Intra-community acquisitions (introduction into Belgium of goods shipped from an EU member country. The invoice does not mention any VAT but the Belgian purchaser, subject to VAT, indicates the transaction and the tax in its VAT declaration the tax is deductible.

Your VAT obligations

A company subject to VAT is required:

To identify themselves with the competent office before the start of the activity (is done via the business counter), make periodic declarations (monthly or quarterly) for VAT, to pay the Treasury the VAT which it must charge to its customers, to transmit an annual list of customers and keep accounts and issue invoices.

VAT rate

VAT rates vary depending on the nature of the taxed good or service. The rates are currently 6%, 12% and 21%. They are set by royal decree. 6% mainly for basic necessities and for the provision of social services (ex: basic necessities, passenger transport, agricultural services, etc.)

12% for certain goods and services which from an economic or social point of view are important (e.g. coal, margarine, pay TV subscriptions, etc.), 21% for operations relating to goods or services which are not mentioned elsewhere (ex: new cars, electrical household appliances, perfume articles, etc.)


3 Good Business Practices to Adopt in Running a Construction Company

No one can deny that the construction industry is a lucrative business to get into. After all, not only does it play a critical role in the growth and development of an economy. But its importance in the transportation, education, and healthcare sectors means that contractors will almost always be in high demand. 

But just because the pursuit of an entrepreneurial venture in this industry can be financially rewarding, it doesn’t necessarily mean that it’s without its fair share of challenges. In actuality, it’s an endeavor that requires a lot of patience, dedication, hard work, and money. And to tip the balance of success in your favor, I have compiled a small list of good business practices that every construction business owner must adopt.

  1. Evaluate the costs of a project before making a proposal

In the interest of winning a project, many inexperienced contractors will often undersell the associated costs and try to bid the lowest. Only to find out later that they won’t generate enough profit from the given estimate. So make sure that you avoid making the same mistake and thoroughly evaluate the costs of the desired project before you make a proposal. In this way, you’ll leave yourself with more financial wiggle room and keep yourself from running out of money before you’ve completed the project.

  1. Take the time to explore and compare all available options before spending

In business, you must spend to make money. There’s no getting around this fact. However, this doesn’t mean that you should spend more than what is necessary. When you get right down to it, the revenue that you’ll generate hinges on your operational expenses. And the lower you’re able to get your costs, the higher your profits will be. Whether you’re looking for plant machinery or materials like construction fasteners, always consider all available options before deciding. It may seem like a lot of extra work now, but a small investment of time in doing so will pay dividends in helping you keep your expenditure down. 

  1. Stay flexible when planning for projects

It’s impossible to predict everything that can happen during a project. And to ensure that your project runs smoothly even in the event of any potential issues like unexpected changes in weather conditions and client-made alterations and adjustments, it’s a general rule of thumb to stay flexible when planning for a project. It may sound counter-productive, but leaving a little room in the plan for any changes will help you adapt much easier in the event that the need arises.

It’s not hard to see the appeal of running a construction business. It can be a financially fulfilling endeavour, after all. But make no mistake: the road to success isn’t without difficulty. But by adopting the good business practices mentioned above, you’ll give your company a better chance at achieving the desired success and making your mark in the industry.


Find effective mobile phone repair tools

In the present quickly evolving world, mobile phones have gotten amazingly normal. Be that as it may, the expense of getting another phone is still very high. Not every person can bear to change another phone when their phone ruins.  In the circumstances where we have split faceplates, breaking down segments, and dead batteries, we as a rule send our phones to the phone authorities to get them fixed. At the point when we unintentionally drop our phones in the water or on the floor, we additionally send them to the repair shops.

I am completely serious. You can change your key cushion yourself. You can likewise supplant a new LCD screen all alone. You can open up the phone effectively with the correct apparatuses. All the issues can be fixed without getting help from the phone authorities. For your data, there are numerous mobile phone repair tools in the market. You can get an exceptional screwdriver to eliminate the faceplate of your phone. On the off chance that you need to test your mobile, you can get symptomatic apparatuses. Every one of these apparatuses can be acquired effectively at a truly sensible cost. By getting the repair packs, you will be furnished with the “expertise” data. You simply need to adhere to straightforward directions to supplant important parts.

You can either get them on the web or disconnected. Numerous online providers offer various sorts of diagnostic tools through the web. You are encouraged to peruse through their sites to discover more about the items. You can get nitty-gritty item portrayals and the costs from their sites. By perusing the highlights of the items cautiously, you will have the option to realize which tools suit your requirements. To set aside cash, you are helped to contrast the costs of remembering comparative items cautiously. Look at whether there are extraordinary limits accessible for online buy.

On the off chance that you are not happy with the online buy, you are recommended to discover the repair packs from mobile phone shops. Numerous retailers offer a wide assortment of repair units for mobile clients. You can check with the shop orderlies for subtleties. Click here for the best solution for your mobile phone diagnostic. They typically suggest the repair tools dependent on the clients’ models. To play safe, you can likewise look at with the makers to discover whether they offer repair packs for their clients.

On the off chance that you don’t have certainty on phone repair tools, you can peruse the clients’ surveys from the web or magazines. You can settle on your ultimate choice in the wake of perusing the audits or remarks.  So, by getting the correct repair tools, you can take care of all your mobile phone issues all alone. For what reason do you have to go through more cash to get others to repair your phone? Be a shrewd mobile phone client from now onwards!

Your Business

A List of the Best Practices in Bookkeeping You should Follow for Your Business

There is no denying that keeping your financial records in order can take a lot of time, effort, and skill, more so if you are running your own business. But keeping proper financial records entails an awareness of bookkeeping processes, and you need to be efficient and highly organised so you don’t make any mistakes. Your bookkeeping responsibilities can include noting down all your expenses as well as earnings every month to ensuring that you have the proper calculations for your tax returns. But what else should you know about proper bookkeeping so you can run your business in a better way? Here’s a list of the best practices in bookkeeping you should follow for your business.

  • Begin as early as possible

Allot even just a few minutes every day or a dedicated time period each week to note down your financial transactions and information. If you keep putting the task off, you will end up having a ton of paperwork to deal with, and this can increase the likelihood of making mistakes. Be timely when it comes to bookkeeping and don’t keep it waiting. Once you dedicate the proper time to it, it will become easier to keep track of everything and see how your business is faring and where it is going.

  • Keep it separate

Even if you are operating a small business or are self-employed, you should keep your work account entirely separate from your business account. One of the foremost things you should do is open an account solely for your business. This will save you from the hassle of going through your receipts and trying to figure out which purchases were personal and which were business-related. The benefits of this go further: if your accounts are separate, then you can more clearly see your available cash flow for your business, and you can make better decisions regarding what you can do to make your business develop and grow.

  • Make use of credit or debit cards for each transaction so you can keep a record

When you make use of credit or debit cards for each of your business transactions, this allows you to keep a record of every transaction. You can then keep better track of whatever you spend, how you spent it, and when you spent it. In some instances, it may be a good idea to use a personal credit or debit card, such as if you pay for petrol to go to work each day. But for this, you can simply add up the expense and claim it as an expense for your business every month.

  • Use the right software

Nowadays, there is various software you can use to make bookkeeping easier, so you shouldn’t fail to optimise it as well. If you can, look for software you can access in the cloud so you can check your records in real-time and from anywhere. You can also make use of professional bookkeeping services to free up your time and allow you to focus on other essential business tasks and details.

Lastly, don’t forget to keep all your receipts, and make sure to scan your printed receipts so you have a digital copy, as printed receipts can easily fade or even get lost. You never know when you need them, and it’s better to be safe than sorry.

Company Car

Things You Have to Consider Before Buying a Company Car

Buying a car for your company is crucial for its success. Having a vehicle allows you to meet investors and suppliers at any time. The vehicle is also perfect for delivering products. However, as a small business owner, you have to be cautious with this investment. You already spent a lot on launching your company. Be mindful of whatever expense you might have to incur. If you already decided to buy a car, these are the things to consider.

Find the right size

Determine what you will do with the vehicle. If it’s only for regular trips and business meetings, a compact car might suffice. However, if you will use it for deliveries, there should be plenty of space. Balance the cost of the car and the needs of your business.

Consider aesthetics

You purchase the car for practical reasons, but it can also be part of your marketing strategy. You can have the name and logo of your business on the vehicle to see it on the road. It also highlights the importance of buying an aesthetically pleasing car. You want everyone to appreciate the car and connect it with your brand.

Prioritize fuel economy 

Unlike your personal car, the company car will be on the road most of the time. Therefore, fuel economy should be an essential consideration. You don’t want to spend more on refueling since you already have too many expenses to deal with.

Find the right dealership

You should find the right dealership first before closing any deal. Make sure you’re getting a reasonable price for the vehicle. If you intend to finance, you have to compare the repayment schemes and interest rates. Find a deal that won’t make it difficult for you to complete the payments. Check your budget first before determining the car model to buy.

Wait until your company gets bigger

You might feel excited to invest in a car right from the start. The problem is that cars aren’t an investment. The value depreciates over time. You should buy one only for practical reasons. If your company is yet to take off, you have to wait for a while. If the business doesn’t end the way you hoped, you will still keep paying for that car.

Get auto insurance

Shop for the best car insurance around. The rates might be different if used for business purposes. Make sure you get comprehensive insurance to avoid further losses for your business if something happens. The monthly fees might be higher, but it’s okay. You would rather spend now than end up paying a lot later.

Hire a driver

It would help if you assign a designated driver for the company car. You can use it whenever needed, and it also ensures safety. If the car still gets involved in an accident despite having a professional driver, call a company offering towing in Fort Lauderdale to help remove your vehicle from the area. You can get help in taking the vehicle away from the scene. You don’t want people to associate your business with a wrecked car.



What are Income Funds?

As we know, finding the right balance between mutual fund investment and insurance is necessary for a secure financial future. Talking about investment specifically, there are a plethora of options available in the market. One such investment instrument that not many know about is the income funds.

Let us understand what are income funds and the factors you should consider before investing in it:

What are Income Funds?

Popularly known as debt funds, income funds primarily serves the purpose of offering steady income to the investors. Here, you can usually make investments in money market instruments, government bonds, and corporate bonds. In other words, income funds are graded with credit-quality that assures the preservation of capital over time.

In pure investment terms, income funds prioritise your assets with substantial interest rates to generate a high dividend amount. Further, this amount is either invested or distributed among the investors.

Now that you have a brief overview of what income funds are, let us understand the factors you need to consider before investing in it:


Much like any other investment instrument, income funds can be invested for a short, medium or long-term as preferred. When it comes to short-term investment in income funds, the duration can be for a few days. Whereas, moderate to long-term income funds usually have a long investment horizon.

2.Expected Returns

If the investment horizon is more than a year, income funds generally offer higher returns. This is because it clubs the benefits of compound interest. Therefore, it is necessary to evaluate the expected returns on your income funds to ensure that you are investing in the correct plan.

3.Risk Involved

When it comes to income funds, the risks involved are associated with your holdings. In case you own a greater percentage of equity-oriented components, the risk will be high. But, since income funds invest in stock as well as the bond markets, it protects your investments against market risks.


Staying invested for a long time in income funds will let you obtain high returns. So, it is wise to sell them after the completion of the maturity period. However, the right time to purchase income funds is when the interest rate is low. You can compare a few leading income funds online based on their existing interest rates before investing in it.


When you stay invested in income funds for more than three years, you can avail Long Term Capital Gains Tax (LTCG). It is applicable at the rate of 10 percent without indexation and 20 percent with indexation benefit.

To conclude, income funds can be an ideal choice for investors who are looking for the regular flow of income later in the future (after retirement). If you want to invest in income funds and still unsure of how to do so, seek help from a financial expert who can efficiently evaluate the market scenario and manage your investment portfolio accordingly. Happy investing!


Vong bi nsk For Efficient Industrial Work

The industrial market produces various brands for bearings, and one might get confused as to buy what and where from. Vong bi nsk i.e., nsk bearings, is the largest and the finest among all. The supply and transportation are carried out by a company called Kim Minh Phu, who is very skilled and competent in industrial equipment.

Initiated in 1916, Japan, nsk brand bearings hold the world’s second-largest bearing manufacturer. It offers genuine and different kinds of bearings to its customers. The mechanical and industry sector has seen a huge growth in Asia, thanks to them. Vong bi nsk produces good quality products as per the needs and wants of consumers. Each product has outstanding and beneficial features.

Some exclusive products include-

  • nsk tapered ball bearing- this has four kinds proficient at combating radial and axial loads.
  • nsk ball bearing- for the smooth and efficient functioning of machines.
  • nsk roller bearing-used in all sorts of heavy machinery for keeping space in moving parts.
  • nsk plastic ball bearing- made from polymer plastic. It provides insulation and is corrosion resistant.
  • nsk heat-resistant ball bearing- with the name being self-explanatory, it also gives great accuracy and speed in tasks.
  • nsk needle bearing- this is befitting for small space layouts.
  • nsk drum bearing- high load capacity for heavy industries.
  • nsk ceramic ball bearing- this stimulates the task, offer more rigidity and smooth functioning.

There is a complete price list for customers on the website for their convenience.

Plus points of nsk bearings-

  • Great quality products are offering precision and reasonable prices.
  • Certain privileges for customers.
  • Befitting and accustomed to all the requirements of the consumers.
  • When installed, it gives smooth and efficient functioning of the machines.
  • Durable, and that saves money in the long run.
  • Applicable products in fields of agriculture, mining, motor technology, among others.
  • Patient and helpful customer care 24/7 at service.
  • Technical support is given as and when required.
  • There are after-sales policies that help and support the customers after their purchase. A hotline is dedicated when they want to seek advice.

With its genuine products imported from all over the world, vong bi nsk is a trustworthy, reliable, and the leading industrial manufacturer worldwide. In 150 countries, it has more than 20 factories and serves the customers with utmost satisfaction. Whether it is a field of agriculture or automobile, it provides great and efficient service.