Cash – Work From Homee http://work-fromhomee.com/ Wed, 20 Oct 2021 15:11:08 +0000 en-US hourly 1 https://wordpress.org/?v=5.8 https://work-fromhomee.com/wp-content/uploads/2021/04/cropped-icon-32x32.png Cash – Work From Homee http://work-fromhomee.com/ 32 32 The Marijuana 2.0 Stock Bubble is here https://work-fromhomee.com/the-marijuana-2-0-stock-bubble-is-here/ https://work-fromhomee.com/the-marijuana-2-0-stock-bubble-is-here/#respond Mon, 22 Mar 2021 09:38:58 +0000 https://work-fromhomee.com/the-marijuana-2-0-stock-bubble-is-here/ You would be hard pressed to find an industry that has produced more robust returns than cannabis in recent months. The ETFMG Alternative Crop ETFs, a mutual fund that contains an assortment of direct and ancillary marijuana stocks, is up 212% since late October (through February 10). Some individual jar stocks have did several times […]]]>

You would be hard pressed to find an industry that has produced more robust returns than cannabis in recent months. The ETFMG Alternative Crop ETFs, a mutual fund that contains an assortment of direct and ancillary marijuana stocks, is up 212% since late October (through February 10).

Some individual jar stocks have did several times better. Producers of sundials (NASDAQ: SNDL), Tilray (NASDAQ: TLRY), Aphria (NASDAQ: APHA), Aurora Cannabis (NASDAQ: ACB), and HEXO are up by 2,280%, 1,190%, 535%, 388% and 341% respectively since the end of October.

This begs the question: what are investors smoking?

Image source: Getty Images.

Here’s why cannabis stocks are becoming “bong-kers”

In recent weeks, multiple factors have created a buzz about pot stocks.

For starters, Democrats taking control of Congress and the Oval Office could drive real federal cannabis reforms. During the previous administration, Republican Mitch McConnell repeatedly blocked cannabis legislation from reaching the Senate as Senate Majority Leader. Now, as the Senate Minority Leader, McConnell no longer holds the same power. New Senate Majority Leader Chuck Schumer has made it clear he intends to co-draft legislation to legalize marijuana in the United States

As a reminder, Gallup’s national cannabis opinion poll showed that a all-time record 68% of respondents in 2020 promoted the idea of ​​legalization. Specifically, 83% of self-identified Democrats want to wave the green flag on marijuana, compared to just 48% of self-identified Republicans.

Secondly, the long-awaited consolidation is underway. In mid-December, Aphria and Tilray announced their intention to merge and create the largest cannabis company in terms of annual sales. The combination of these two activities will result in tangible cost synergies, improved global reach and a broad portfolio of derivatives (e.g. edibles, beverages, vapes, concentrates, oils and topicals) which are expected to increase operating margins. global.

Third, the North American pot industry is showing signs of maturity. Following the publication of the results for the third fiscal quarter, Canopy growth (NASDAQ: CGC) announced he was going generate positive operating cash flow by fiscal 2023, as well as positive adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) by the second half of fiscal 2022. Meanwhile, many US multi-state operators are expected to break through to recurring profitability in 2021.

A person using a pin to pop a bubble containing a green dollar sign.

Image source: Getty Images.

Canadian pot stocks have entered “Bubble 2.0”

It all probably sounds good, but we’ve been here before. Canadian potted stocks have promised investors the moon in the past, only to disappoint them. Based on the stock price appreciation we’ve witnessed in recent weeks, it looks like Canadian marijuana stocks are on the verge of easing for shareholders again.

As many polls suggest that the American public is in favor of legalization, but pushing it through just isn’t that easy. Unless Democrats drop filibustering in the Senate, which is unlikely, 60 votes would be needed to pass cannabis legislation. That means getting 10 Republican senators across the aisle, which will no doubt be a difficult task.

Even though House Speaker Nancy Pelosi and Senate Majority Leader Schumer successfully passed a law to legalize marijuana, it’s unclear whether President Joe Biden would sign it. Biden campaigned on the idea of decriminalize and reprogram cannabis – do not legalize it. Let’s not forget that Biden was behind some bills drafted three decades ago that targeted drug addicts and traffickers with stiff penalties.

It is also not clear that the current wave of consolidation in the marijuana space is occurring out of force. Although Wall Street and investors hailed the Aphria-Tilray merger, finding a partner seemed more of a necessity for Tilray than for Aphria. Tilray had been burn your money at an extraordinary rate and relying on equity and debt offers to raise capital. This is not what I would consider a fusion of strength.

A transparent jar full of cannabis buds sitting on a stack of fan-shaped twenty dollar bills.

Image source: Getty Images.

There are also serious disconnections in the underlying fundamentals. The aforementioned Canopy Growth report that got Wall Street excited presented another quarter with a huge cash outflow (C $ 135.4 million) and a large net loss of C $ 829.3 million. Canopy Growth had nearly C $ 5 billion in cash and cash equivalents following a large equity investment of Constellation brands in November 2018. She now has less than C $ 1.6 billion in cash and short-term investments. The company bleeding money for years and is still far from recurring profitability.

Canadian potted stocks also have a habit of destroying shareholder value through multiple rounds of stock offerings and debt-for-equity swaps. Although Tilray and Canopy Growth have issued a large number of shares over the years, neither takes into account what Aurora Cannabis and Sundial Growers have done to their shareholders. The number of Aurora shares outstanding has catapulted by more than 12,200% since June 2014, while Sundial’s outstanding shares count increased by more than a billion shares since the end of September.

The Canadian cannabis industry may be successful in the long run, but investors are not being rationalized if they expect a rocket launch after years of underperformance.

It’s time to face the facts: Cannabis stock The 2.0 bubble is here, at least for Canada.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.

This article represents the opinion of the author, who may disagree with the “official” recommendation position of a premium Motley Fool consulting service. We are heterogeneous! Challenging an investment thesis – even one of our own – helps us all to think critically about investing and make decisions that help us become smarter, happier, and richer.


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Reviews | Racism did not kill George Floyd. Anti-blackness did. https://work-fromhomee.com/reviews-racism-did-not-kill-george-floyd-anti-blackness-did/ https://work-fromhomee.com/reviews-racism-did-not-kill-george-floyd-anti-blackness-did/#respond Mon, 22 Mar 2021 09:38:58 +0000 https://work-fromhomee.com/reviews-racism-did-not-kill-george-floyd-anti-blackness-did/ From whips to guns, 18th century slave patrols are the ancestors of modern policing. As it turns out, Mr. Floyd’s killer made the news, that he had video footage documenting his desperate screams at his deceased mother for help from the other side. The brutal murder of Mr. Floyd is not an exception, but rather […]]]>

From whips to guns, 18th century slave patrols are the ancestors of modern policing. As it turns out, Mr. Floyd’s killer made the news, that he had video footage documenting his desperate screams at his deceased mother for help from the other side. The brutal murder of Mr. Floyd is not an exception, but rather the rule in a nation that has literally made black people things.

Black people have been turned into property, built this country, shed blood, sweat and tears in the soil we eat, the water we drink and the air we breathe. The objectification black people is a fundamental part of the identity of this nation.

Taking this reality into account is much more difficult than combating prejudice, racism and even institutional or structural racism. And it does more than any of these concepts to help us make sense of over 400 years of black suffering – of our never-ending pain, rage, and exhaustion.

Mr. Floyd’s death is the story of our babies, the many black children who literally or metaphorically grow up under the steel heel of a police boot. This is the story of our families who, since the Middle Passage, have had to endure the unimaginable.

But when they kill our children, our mothers and our fathers, we are supposed to forgive, to be peaceful in the face of horrific violence. We are asked to abide by a law that cannot recognize our humanity – which cannot provide redress. And when time and again the law shows that it will never protect us, that it will never hold accountable the individuals and systems that harm us, we are meant to peddle a narrative that the system works, that justice will prevail.

Mr Floyd’s brother lamented, “I just don’t understand what we still have to go through in life, man.” People are in the streets today because years ago we walked peacefully and belted Negro Spirituals, hoping they would recognize our humanity. We wore Afros as crowns in remembrance of our beauty. We put our fists in the air demonstrating our strength. We have declared that our lives count in all magnificent dimensions, demanding that they stop killing us on the streets and in our homes with impunity. People are on the streets today because despite all the people who have lost their lives – literally and figuratively, in this struggle for black life, the struggle continues.

So let’s stop saying that racism killed George Floyd, or worse yet, that a racist cop killed George Floyd. George Floyd was killed because anti-darkness is rampant and is central to how we all make sense of the social, economic, historical and cultural dimensions of human life.

kihana miraya ross is Assistant Professor of African American Studies at Northwestern University.

The Times commits to publish a variety of letters For the publisher. We would love to hear what you think of this article or any of our articles. Here is some tips. And here is our email: letters@nytimes.com.

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Matt Graham on his unique approach to artist management at BRND MGMT and a bright future for the music industry https://work-fromhomee.com/matt-graham-on-his-unique-approach-to-artist-management-at-brnd-mgmt-and-a-bright-future-for-the-music-industry/ https://work-fromhomee.com/matt-graham-on-his-unique-approach-to-artist-management-at-brnd-mgmt-and-a-bright-future-for-the-music-industry/#respond Mon, 22 Mar 2021 09:38:58 +0000 https://work-fromhomee.com/matt-graham-on-his-unique-approach-to-artist-management-at-brnd-mgmt-and-a-bright-future-for-the-music-industry/ LAS VEGAS, NEVADA – APRIL 07: Midland musical group, Matt Graham (2nd L) with Dennis Quaid (R) … [+] attend the 54th Academy Of Country Music Awards at MGM Grand Garden Arena on April 07, 2019 in Las Vegas, Nevada. (Photo by Matt Winkelmeyer / ACMA2019 / Getty Images for ACM) (EDITOR’S NOTE: Image was […]]]>

As the majors’ system began to crumble in the Internet age with the rise of online file-sharing services, record companies struggled to figure out how to adapt to the life in what would become the age of streaming.

Some labels have stayed, but many have left. And artist development has become an afterthought as record companies grabbed the fastest, easiest, and most profitable hits.

Artists like Chance the Rapper have proven that there is a profitable path forward – but the key is wise management.

BRND MGMT approaches the management of artists differently. Founder and President Matt Graham’s debut in the music industry was the result of a chance encounter on one of his first nights at Emory College, when he met Braun scooter. Friendship turned into mentorship and Graham became Senior Manager at Braun’s SB Projects. The mutually beneficial professional partnership now spans decades.

As a manager, one of the keys to Graham’s success at BRND MGMT has been his ability to learn from the past of the music industry and apply that knowledge to the present in a historically cyclical industry.

While labels tend to ignore it today, Graham has favored investing in the future over immediate and stereotypical successes. Unlike many labels or managers who try to specialize in a genre or a sound, he has built a diverse list, featuring artists like country band Midland, rapper Wale, DJ and producer Nicky Romero, alternative rock band The Score and more.

“I think it’s a reflection of my interest and my ability to evolve among different communities. I never felt personally identified as a New York hip-hop guy or a country guy, ”Graham said. “I think people see themselves in these boxes – managers in particular. They tell me, ‘I’m a hip-hop guy. All of my connections are in hip-hop. I feel like I did it sometimes and it caused me to miss things. So I became more open-minded.

BRND MGMT sister company Tuxedo Music Group, which includes Tuxedo folders, was formed by Graham in 2016 for the purpose of funding and distributing BRND passion projects. It’s a strategy that echoes his belief that managers and record companies should work together to create new, strong bands.

“I don’t understand why every record company doesn’t scramble to partner with successful management companies. There are very few of these companies. Ultimately, record companies need managers as an A&R source. A&R used to find talent and develop talent. For the most part now what they do is find stuff that’s bubbling on the internet or streaming services, write a check, then help source the beats or maybe put someone in. [a studio] with a few producers and writers. But it’s not the same job as an artist and repertoire as it used to be. This is really what managers do ”, Graham Explain. “Everyone says, ‘Why do you want to do the etiquette thing? It is so hard. It’s complicated to pay the royalties. You will lose money by doing it. We have never lost money. Every project we have carried out has been profitable. It’s always about managing profits and losses. And buy artists who you think will have some measurable success. They don’t have to be big stars. Ideally, they become big stars, but they don’t have to be to start with.

Streaming music through online services like Spotify or Apple Music is a method of music distribution in its infancy. Embracing him, Graham sees a new path in which artists can operate, a path where the lost art of artist development is a priority and the big picture, as the continuing benefits continue. to skyrocket, is always present in mind.

“I think this is something that is really lost in our business right now. And it shouldn’t be. Due to the streaming economy that has been created, a new middle class of musicians may exist. And because there is a middle class, that means there is a business there and we can go back to developing artists, ”Graham said of his philosophy. “As a manager or a label, why should we be losers when we meet someone who we know is incredibly talented because they don’t quote, not quote ‘the song?” It made sense to me. five or ten years ago because there was no other way to finance a project. You just put a million dollars in a project and it would go nowhere, “he said. “But now you can invest between $ 10,000 or $ 100,000. Get out some records and they’ll be streaming. Even though they only make one million streams per song, that’s $ 5,000 per song.” “You release a ten song album and it’s $ 50,000 streaming. It’s what I call kind of middle class music. So for a label it’s pretty low risk.”

Graham entered the music industry at an all-time low near the advent of online file sharing which quickly changed the way people consume music, making it difficult for a record company to monetize the music. music recorded for the first time. But one thing hasn’t changed: the importance of a good song. Artists had the opportunity to figure out how to write one over decades and albums. Graham sees a big advantage in coming back on this.

“When I was younger I hated when older, more experienced musical executives told me this, but it always comes down to songs. The songs are really punchy. They determine whether someone is going to be successful or not. You have to find songs that really sound like they’re going to resonate, that are memorable and that feel different, ”he said. “What if the majors still don’t understand that they can sign things earlier, not pay big advances and get very favorable terms?” Then we will. We will invest ourselves for the artists we truly believe in when we know that they are still a little far from fully developed. We will share the master’s income with them and we will finance the record. Hopefully one of those things takes off and a major label comes hats off and pays too much. Because they don’t do their due diligence to do artist development like they did twenty years ago.

Always looking to the future, Graham wants to apply his unique philosophy to film and television.

As television and movie consumption leaves networks and online theaters, Graham sees an opportunity.

“I sort of watch it and I feel like the film and television industry was going through the same growing pains as the music industry when I entered it. So I see this as a huge opportunity for someone who has struggled for ten years to figure out how to be successful in an industry in the age of depression. I think it’s the same skill set and I’ve applied it in music, ”Graham said of skillfully navigating the pitfalls of the music industry. “We have generated billions of views in the content that we have created for very, very little money. And you don’t just do programming for big networks or big studios anymore. There is a huge amount of platforms to sell content on, ”he continued, noting how his music video creation experience fits naturally into a new media landscape where small content is. just as important as feature films. “It doesn’t have to be the most expensive, it has to be the best idea. It has to be compelling, and it has to be filled with people you want to invest in. And that is to identify the stars.

Looking at the music industry, it’s clear that the ’80s and’ 90s were a boom time for the majors system. The past two decades have been a time of transition to the Internet age, but Graham sees a bright future where artist development takes on renewed importance.

“It’s a golden age for music,” Graham said. “You see a lot of these big frames, they leave their bigger perches and start theirs independent labels or the restarting of old brands that they somehow own. And the reason is that they understand that there is a gold rush in music again, ”he continued, noting foresighted an optimistic future. “You’re going to see more labels. And we can already see it. You’re going to see those old marks kind of come back. There is so much money coming in that they have to do something with it. They have to spend it and they should spend it on artist development. This is not what labels have been built for over the past ten years. So I think it’s gonna take some time and it’s okay take acquisition smaller labels. You’re going to have to find people who have the stomachs and the knowledge to be with an artist for three or four years before they have their moment.


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Market watchdog strengthens grip on illegal short selling https://work-fromhomee.com/market-watchdog-strengthens-grip-on-illegal-short-selling/ https://work-fromhomee.com/market-watchdog-strengthens-grip-on-illegal-short-selling/#respond Mon, 22 Mar 2021 09:38:58 +0000 https://work-fromhomee.com/market-watchdog-strengthens-grip-on-illegal-short-selling/ The headquarters of the Financial Supervisory Service in Yeouido, west of Seoul (Yonhap) The Financial Supervisory Service, the South Korean market watchdog, on Tuesday pledged to step up its oversight of illegal short sales this year to promote fair competition in the market. “We will step up inspections on illegal short selling practices by strengthening […]]]>

The headquarters of the Financial Supervisory Service in Yeouido, west of Seoul (Yonhap)

The Financial Supervisory Service, the South Korean market watchdog, on Tuesday pledged to step up its oversight of illegal short sales this year to promote fair competition in the market.

“We will step up inspections on illegal short selling practices by strengthening the working capacity of our special investigative team tasked with detecting securities fraud,” the FSS said in its 2021 policy plan. The FSS has a team of internal investigators responsible for investigating financial crime cases under the supervision of the prosecution. Unlike the prosecution and the police, however, the team does not have the power to prosecute.

The remarks came amid a harsh reaction from inexperienced day traders to the government’s plan to resume short-selling stocks on the Kospi 200 and Kosdaq 150 from May 3.

An online petition on the Blue House website demanding an outright ban on short selling has garnered more than 200,000 signatures in 30 days – a condition that requires a senior government official like the chairman of Financial Services Commission Eun Sung-soo responds.

Short sellers sell stocks borrowed from a stock with the belief that the price will go down. Korean retail investors have long criticized widespread irregularities by foreign and institutional investors in the market, such as naked short selling – short selling a stock or other marketable security without first borrowing the security.

Ahead of the FSC’s action plan to control the surge in household debt expected for next month, the monitoring agency has also committed to imposing stricter rules for the debt service ratio, or DSR – the maximum amount of credit loans allowed for an individual relative to the disposable income of the household. .

“The envisaged program to reduce household debt will be implemented while (securing the benefits) of lending services to low-income families and small traders affected by the virus,” the FSS said.

Meanwhile, under the slogan “inclusive finance,” the FSS plans to urge traditional lenders and online-only banks to extend their loan products to borrowers with low credit scores.

In anticipation of post-COVID-19 market shifts in which companies are placing more emphasis on ESG (environment, social and governance) values, the authority will develop a stress test model that assesses the climate-related risks of financial systems, through various partnerships with oversight bodies in major economies, officials said.

By Choi Jae-hee (cjh@heraldcorp.com)


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5 best lenders to refinance vet school loans for October 2021 https://work-fromhomee.com/5-best-lenders-to-refinance-vet-school-loans-for-october-2021/ https://work-fromhomee.com/5-best-lenders-to-refinance-vet-school-loans-for-october-2021/#respond Mon, 22 Mar 2021 09:38:57 +0000 https://work-fromhomee.com/5-best-lenders-to-refinance-vet-school-loans-for-october-2021/ PenFed student loan refinancing Ideal for marital consolidation 670 2.89 – 5.08% Rates and offers in effect on June 1, 2021. The Annual Percentage Rate (APR) is the cost of credit which calculates the interest rate, the amount of the loan, the repayment period and the payment schedule. The fixed rates vary from 2.89% APR […]]]>

PenFed student loan refinancing

Ideal for marital consolidation

670

2.89 – 5.08%

Rates and offers in effect on June 1, 2021. The Annual Percentage Rate (APR) is the cost of credit which calculates the interest rate, the amount of the loan, the repayment period and the payment schedule. The fixed rates vary from 2.89% APR to 5.08% APR. The fixed rates will vary according to the conditions of application, the level of diploma and the presence of a co-signer. These rates are subject to additional terms and conditions and rates are subject to change at any time without notice. These changes will only apply to requests received after the effective date of the change.

N / A

Rates and offers in effect on June 1, 2021. The Annual Percentage Rate (APR) is the cost of credit which calculates the interest rate, the amount of the loan, the repayment period and the payment schedule. The fixed rates vary from 2.89% APR to 5.08% APR. The fixed rates will vary according to the conditions of application, the level of diploma and the presence of a co-signer. These rates are subject to additional terms and conditions and rates are subject to change at any time without notice. These changes will only apply to requests received after the effective date of the change.

College Ave Student Loan Refinance

College Ave Student Loan Refinancing

Ideal for personalized repayment conditions

Superior 600s

2.99 – 6.84%

College Ave student loan products are available through Firstrust Bank, FDIC member or MY Safra Bank, FSB, FDIC member. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms and conditions apply. 1. The 0.25% automatic payment interest rate reduction applies as long as the borrower or co-signer, if applicable, signs up for automatic payment and authorizes our loan manager to automatically deduct your payments. monthly payments from a valid bank account via the Automated Clearing House (“ACH”). The rate reduction applies as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and some postponements Variable rates may increase after consumption 2. This informational repayment example uses typical loan terms for a refi borrower with full principal and interest repayment and a repayment term of 10 years, has a loan of $ 40,000 and an annual percentage rate (“APR”) of 5.5%: 120 monthly payments of $ 434.11 during the repayment period, for a total amount of pa payments of $ 52,092.61. The loans will never have a full monthly payment of principal and interest of less than $ 50. Your actual rates and repayment terms may vary. Information announced valid on 09/30/2021. Variable interest rates may increase after consumption. The approved interest rate will depend on the creditworthiness of the applicant (s), the lowest advertised rates available only to the most creditworthy applicants and will require the selection of full payments of principal and interest with the shortest available loan term. .

2.94 – 6.74%

College Ave student loan products are available through Firstrust Bank, FDIC member or MY Safra Bank, FSB, FDIC member. All loans are subject to individual approval and adherence to underwriting guidelines. Program restrictions, other terms and conditions apply. 1. The 0.25% automatic payment interest rate reduction applies as long as the borrower or co-signer, if applicable, signs up for automatic payment and authorizes our loan manager to automatically deduct your payments. monthly payments from a valid bank account via the Automated Clearing House (“ACH”). The rate reduction applies as long as the monthly payment amount is successfully deducted from the designated bank account and is suspended during periods of forbearance and some postponements Variable rates may increase after consumption 2. This informational repayment example uses typical loan terms for a refi borrower with full principal and interest repayment and a repayment term 10 year loan, has a loan of $ 40,000 and an Annual Percentage Rate (“APR”) of 5.5%: 120 monthly payments of $ 434.11 during the repayment period, for a total amount of payments of $ 52,092.61. The loans will never have a full monthly payment of principal and interest of less than $ 50. Your actual rates and repayment terms may vary. Information announced valid on 09/30/2021. Variable interest rates may increase after consumption. The approved interest rate will depend on the creditworthiness of the applicant (s), the lowest advertised rates available only to the most creditworthy applicants and will require the selection of full payments of principal and interest with the shortest available loan term. .

Student Loan Financing Student Loan Refinancing

Student Loan Financing Student Loan Refinancing

Best for customer service

680

2.47 – 5.99%

Subject to credit approval. Thermal baths and conditions of application. https://www.elfi.com/terms/

2.39 – 6.01%

Subject to credit approval. Baths and conditions of application. https://www.elfi.com/terms/

Nelnet Bank student loan refinancing

Nelnet Bank student loan refinancing

Ideal for Wiggle room with payments

640

2.48 – 6.62%

The lowest rate for each type of loan requires payments that are automatically withdrawn (“automatic debit”). The lowest rate is available only for the most creditworthy applicants. Not all borrowers will benefit from the lowest rate. The interest rate and the annual percentage rate (APR) may be higher depending on (1) the credit history of the borrower and, if applicable, the co-signer, (2) the repayment option and the length of the loan selected, (3) the type of loan selected, and (4) the highest level of education attained. If approved, applicants will be notified of the allowable rate within the range indicated. The fixed interest rates range from 2.48% APR (with discount for direct debit) to 6.62% APR (without discount for direct debit). Your interest rate will depend on your credit qualifications (and, if applicable, your co-signer). The fixed interest rate will remain the same for the duration of the loan.

1.95 – 5.65%

The lowest rate for each type of loan requires payments that are automatically withdrawn (“automatic debit”). The lowest rate is available only for the most creditworthy applicants. Not all borrowers will benefit from the lowest rate. The interest rate and the annual percentage rate (APR) may be higher depending on (1) the credit history of the borrower and, if applicable, the co-signer, (2) the repayment option and the length of the loan selected, (3) the type of loan selected, and (4) the highest level of education attained. If approved, applicants will be notified of the allowable rate within the range indicated. Variable interest rates range from 1.95% APR (with discount for direct debit) to 5.65% APR (without discount for direct debit). Your interest rate will depend on your credit qualifications (and, if applicable, your co-signer). Variable rates may increase after consumption. The variable interest rate is equal to the London One-Month Interbank Offered Rate (“One-Month LIBOR”) plus a margin. The one-month LIBOR in effect for each monthly period (from the first day of the month to the last day of the same month inclusive) will be the highest one-month LIBOR published in the Wall Street Journal’s “Money Rates” table on twenty-fifth (25th) day (or if that day is not a working day, the following working day) of the month immediately preceding that calendar month. The Annual Percentage Rate (APR) for a variable interest rate loan will change monthly on the first day of each month if the one-month LIBOR index changes. This can result in higher monthly payments. The current one-month LIBOR index is 0.09% as of October 1, 2021.

RISLA student loan refinancing

RISLA student loan refinancing

Better reimbursement options

680

3.49 – 8.14%

N / A

See my rates

on the secure NerdWallet site


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An illustration of why it’s so precious https://work-fromhomee.com/an-illustration-of-why-its-so-precious/ https://work-fromhomee.com/an-illustration-of-why-its-so-precious/#respond Mon, 22 Mar 2021 09:38:57 +0000 https://work-fromhomee.com/an-illustration-of-why-its-so-precious/ By Adam Gerza, Chief Operating Officer of Energy tool base Net energy storage energy metering (or NEM paired storage) allows a customer with a solar + storage system behind the meter to discharge their battery, export the stored energy to the grid and receive a net energy metering credit, if the battery can be verified […]]]>

By Adam Gerza, Chief Operating Officer of Energy tool base

Net energy storage energy metering (or NEM paired storage) allows a customer with a solar + storage system behind the meter to discharge their battery, export the stored energy to the grid and receive a net energy metering credit, if the battery can be verified 100% solar charge. In some cases, NEM paired storage can significantly increase the amount of savings that an energy storage system (ESS) can capture. As shown in the graph below, net energy storage metering effectively allows a battery to use its full capacity by fully discharging when a strong price signal exists, regardless of customer usage.

Policy context

NEM paired storage was codified into law in California in February 2019 when the California Public Utilities Commission (CPUC) finalized a decision allowing customers with ESS to receive credits for storage energy returned to the grid if the storage system is verifiably fully charged from solar power. The policy change was initiated by the California Solar and Storage Association (CALSSA) which filed a Request for Modification (PFM) to grant permission for NEM paired storage. CALSSA’s PFM has received support from the Big Three California utilities owned by investors who filed a statement of support, which helped pave the way for the CPUC decision. Energy Toolbase posted a blog “CPUC approves net metering of energy storage” summarizing the eligibility requirements set out in this CPUC decision.

Several months later, IOUs began to allow NEM paired storage systems to be interconnected to their network. Energy Toolbase published another blog in December 2019 titled “California Utilities Now Accepts Net Energy Meter (NEM) Applications – Paired Storage”, which summarized many of the new measurement and verification requirements, including the new Certification Requirements Decision (CRD) standard, which allowed utilities to verify ESS charges entirely from PV. Previously, for ESS systems greater than 10 kW, customers had to install additional measurement hardware, which could be time consuming and prohibitively expensive.

Case study: NEM paired storage

To illustrate the value of net energy storage metering, we compared two identical solar + storage systems operating in time-of-use arbitration (TOU) mode. We kept all project inputs and assumptions constant, except in case n ° 1 we ran the ESS dispatch simulation assuming that the ESS cannot export to the grid, and in case n ° 2, we ran the simulation assuming the NEM paired storage: the ESS can export to the grid, but it needs to fully recharge from PV.

Assumptions used in the case study:

  • Utility | Rates: Southern California Edison (SCE) | TOU-D-PRIME rate
  • Annual consumption: 13,243 kWh
  • Interval Data File: My Home, Located in Alhambra, California
  • Photovoltaic system size: 8 kWCC
  • Generation of PV production profile: API PV Watts v5 (10 tilt, 180 south azimuth)
  • ESS size: 5 kW | 10 kWh
  • Generation of the ESS distribution profile: Energy Toolbase, TOU Arbitrage distribution simulation

Case n ° 1: ESS cannot export to the network

Explanation: The graph above displays: energy consumption, photovoltaic production, distribution of ESS, net use and state of charge (SoC) of ESS over a period of 10 days: from 27 June to July 6. During the first five days, I was on vacation and had virtually no consumption. As a result, the ESS barely cycled, only discharging about 5% of its rated capacity each day, as it was limited to only discharging to compensate for the load.

The TOU-D-PRIME residential SCE price list is an advantageous price for the economy of the ESS because it has a significant TOU price differential all year round. The difference between peak and off-peak hours is $ 0.26 / kWh in summer and $ 0.23 / kWh in winter. But since I was gone and had not used for the first five days, the ESS was handcuffed and effectively missed the lucrative opportunity to unload during the 4pm to 9pm peak period. Also note that on July 4th, after I got home, I was away for the period of 4 to 9 p.m. and had virtually no use, which again prevented the ESS from sending and to use its full capacity.

Annual ESS result: Using the Energy Toolbase storage simulation engine, we ran a 365 day shipment with the restriction that ESS could not export to the network. ESS achieved $ 504 in utility bill savings, completing 236 equivalent cycles for the year.

Case n ° 2: NEM Paired Storage (ESS can export to the network)


Explanation: Zoom on the same period; In the first five days I was away, the ESS cycled fully, charging fully from solar power during the mid-day off-peak period, then fully discharging, from 100% SoC to 0 %, during the peak period. The NEM paired storage allowed me to fully grasp the lucrative arbitrage differential of $ 0.26 / kWh TOU while I was on vacation and had zero consumption.

Annual result: We ran an ESS dispatch simulation requiring the ESS to take full charge of the PV and allowing the ESS to export to the grid. ESS resulted in savings of $ 715 on utility bills by completing 360 equivalent cycles for the year. By being able to fully utilize the battery capacity, regardless of my peak consumption, I was able to achieve 30% more utility bill savings compared to running without ESS exports.

Note: This was not a handpicked example. This comparison was based on the actual usage of my home for 365 days. There are certainly cases where the percentage of increased savings that a homeowner could achieve from NEM paired storage would be much higher.

Why NEM paired storage is so valuable

As illustrated above, net energy storage metering has allowed the battery to use its full capacity by discharging when the price signal is strong, without any restrictions. For this same reason, NEM paired storage can also offer significant benefits to commercial and industrial (C&I) customers. Especially customers who have load profiles that use most of their energy during the day and then decrease dramatically at night, such as an office building. For C&I solar + storage customers in California, it is generally more economically advantageous to switch to a ‘solar-compatible’ tariff option, such as SDG & E’s DG-R tariff, PG&E’s B-19 (option R ) or the GS-2 of SCE – TOU rate (Option E). These “solar-compatible” tariffs effectively reduce the $ / kW demand charge in exchange for higher $ / kWh energy charges. Therefore, capturing the TOU arbitrage value stream becomes a much more meaningful part of the ESS savings opportunity. To maximize savings on utility bills, the Storage Energy Management System (EMS), which controls battery allocation, would target both demand load management and value streams. TOU arbitration. In Energy Toolbase, we allow users to run ESS value stacking simulations, either by restricting ESS exports to the network or by allowing them.

Finally, it is important to stress that NEM paired storage also offers significant benefits to utilities and independent system operators (ISOs). Allowing storage systems to distribute their full capacity can help alleviate low-supply and high-demand grid imbalance issues. In California, the “duck curve” is the result of a strong acceleration of the peak of the system in the early evening due to the entry of residential load, associated with a drop in the supply of solar photovoltaic production. going to zero. This is a perfect opportunity for NEM paired storage to play a role and is not much different from power grid service programs that allow distributed energy resources to participate in wholesale markets and generate revenue through to the response to the request. Net energy storage metering is a win-win situation: it allows a battery to use its full capacity and maximizes value capture, and it helps utilities balance the grid. Hopefully other states will codify this mechanism into law and create strong price signals so that all parties can benefit.


Connect with Adam Gerza and Energy Toolbase on this topic on the company’s blog.


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Government plans to create a bad bank, all other options https://work-fromhomee.com/government-plans-to-create-a-bad-bank-all-other-options/ https://work-fromhomee.com/government-plans-to-create-a-bad-bank-all-other-options/#respond Mon, 22 Mar 2021 09:38:57 +0000 https://work-fromhomee.com/government-plans-to-create-a-bad-bank-all-other-options/ NEW DELHI The government is exploring all options, including the creation of a failing bank, to improve the health of the country’s banking sector, Economic Secretary Tarun Bajaj said on Friday. He also said the government has recapitalized public sector banks and continues to inject capital as needed. “We are looking at different options, including […]]]>

NEW DELHI The government is exploring all options, including the creation of a failing bank, to improve the health of the country’s banking sector, Economic Secretary Tarun Bajaj said on Friday.

He also said the government has recapitalized public sector banks and continues to inject capital as needed.

“We are looking at different options, including the option you mentioned (of bad bank), and it is still ongoing … The RBI has asked us, and we ourselves also think we need to recapitalize. recapitalized to a large extent and this year too we have kept money for recapitalization so that that commitment is there … “he said.

Bajaj was responding to a question about whether the government would consider setting up a failed bank as a one-off measure to reduce the burden on Non-productive assets (NPA) public sector banks.

There have been differences of opinion on setting up a bad bank.

In June, chief economic adviser KV Subramanian said that setting up a bad bank may not be an effective option to address the problems of non-performing assets in the banking sector.

Subramanian had also said that when a bank sells bad debt, it must discount it, because when ??100 is bad, the actual amount that can be expected is less than ??100 and that leads to the haircut.

“So when the bank has to sell this loan to an ARC (Asset Reconstruction Company) or a new institution that is created, in that case, it has to take a discount. When she takes a haircut that will impact the P&L (Profit & Loss And this is one of the key aspects affecting the sale of loans.

“So until this particular aspect is addressed, creating a new structure may not be as effective in solving the problem,” he said.

Currently, banks are selling their bad loans to CRAs in accordance with the conservative standards of the Reserve Bank of India.

Even the chairman of the industry body CII, Uday Kotak, said that setting up a failed bank to solve the problem of mounting NPAs is not a good idea and will not give the desired results unless certain aspects are met. keys such as transparency and recovery rate are not addressed.

However, former RBI Governor D Subbarao had argued for the creation of a failed bank, saying this was not only necessary but inevitable under the current circumstances when NPAs are likely to swell and that much of the resolution will have to take place outside the framework of the IBC. .

To help the MSME sector, Bajaj said on Friday that the government announced a 100% guarantee for small industries so that banks can lend to them.

Last week, the finance ministry said banks had sanctioned loans worth ??2.05,563 crore at around 81 lakh accounts under the ??3-lakh crore Emergency Credit Line Guarantee Scheme (ECLGS) for the MSME sector that has been affected by the disruption caused by the coronavirus pandemic.

Of these 40 lakhs, MSME accounts received ??1,58,626 crore until December 4.

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BrahMos missile launch features enhanced operational capabilities (MP) https://work-fromhomee.com/brahmos-missile-launch-features-enhanced-operational-capabilities-mp/ https://work-fromhomee.com/brahmos-missile-launch-features-enhanced-operational-capabilities-mp/#respond Mon, 22 Mar 2021 09:38:57 +0000 https://work-fromhomee.com/brahmos-missile-launch-features-enhanced-operational-capabilities-mp/ Prime Minister Narendra Modi on Wednesday congratulated scientists and engineers after India successfully tested a new version of the BrahMos supersonic ground-to-ground cruise missile with a range of around 400 km. “The Brahmos Supersonic Cruise Missile has taken another milestone with a successful test launch featuring enhanced operational capabilities and additional native technologies. Congratulations to […]]]>

Prime Minister Narendra Modi on Wednesday congratulated scientists and engineers after India successfully tested a new version of the BrahMos supersonic ground-to-ground cruise missile with a range of around 400 km.

“The Brahmos Supersonic Cruise Missile has taken another milestone with a successful test launch featuring enhanced operational capabilities and additional native technologies. Congratulations to all scientists and engineers. @DRDO_India @BrahMosMissile,” he tweeted.

The missile was fired from an integrated test field at Balasore in Odisha.

The missile, with a number of locally developed subsystems, was flight tested from a land-based mobile launcher for a designated range at 10:30 am from the Balasore Integrated Test Area.

(Only the title and image of this report may have been reworked by Business Standard staff; the rest of the content is automatically generated from a syndicated feed.)

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Investigations into reckless loans to taxi drivers ordered by state attorney general and mayor https://work-fromhomee.com/investigations-into-reckless-loans-to-taxi-drivers-ordered-by-state-attorney-general-and-mayor/ https://work-fromhomee.com/investigations-into-reckless-loans-to-taxi-drivers-ordered-by-state-attorney-general-and-mayor/#respond Mon, 22 Mar 2021 09:38:56 +0000 https://work-fromhomee.com/investigations-into-reckless-loans-to-taxi-drivers-ordered-by-state-attorney-general-and-mayor/ The New York attorney general’s office said on Monday it opened an investigation into more than a decade of lending practices that have left thousands of immigrant taxi drivers in crushing debt, while Mayor Bill de Blasio ordered a separate survey of brokers who helped arrange loans. The efforts marked the government’s first steps towards […]]]>

The New York attorney general’s office said on Monday it opened an investigation into more than a decade of lending practices that have left thousands of immigrant taxi drivers in crushing debt, while Mayor Bill de Blasio ordered a separate survey of brokers who helped arrange loans.

The efforts marked the government’s first steps towards resolving a crisis that has engulfed the city’s yellow cab industry. They came a day after the New York Times published a in two parts investigation revealing that a handful of taxi industry executives artificially inflated the price of a medallion – the coveted license that allows a driver to own and operate a taxi – and made hundreds of millions of dollars in providing reckless loans to low-income buyers.

The investigation also found that regulators at all levels of government were ignoring the warning signs, and the city fueled the frenzy by selling medallions and promoting them in advertisements as “better than the stock market.”

The price of a locket rose to over $ 1 million before collapsing in late 2014, leaving borrowers with debts they had little hope of repaying. More than 950 locket owners have filed for bankruptcy and thousands more are struggling to stay afloat.

The findings also prompted a quick reaction from other elected officials. Assembly banking committee chairman Kenneth Zebrowski, a Democrat, said his committee would hold a hearing on the issue; city ​​council chairman Corey Johnson said he was drafting legislation; and several other officials in New York and Albany called on the government to pressure lenders to relax loan terms.

The biggest threat to industry leaders appears to be the investigation by Attorney General Letitia James, which will look into whether lenders have engaged in illegal activity.

“Our office is initiating an investigation into disturbing reports of lending and business practices that may have created the taxi medallion crisis,” a spokesperson for the office said in a statement. “These allegations are serious and must be carefully examined. “

Governor Andrew M. Cuomo said through a spokesperson that he supported the investigation. “If any of these companies or lenders have done something wrong, they deserve to be held fully accountable,” the spokesperson said in a statement.

Lenders did not respond to requests for comment. Previously, they had denied wrongdoing, saying regulators had approved all of their practices and some borrowers had made bad decisions and taken on too much debt. Lenders blamed the city for allowing rideshare companies like Uber and Lyft to enter without regulation, which they say caused the medallions to plummet.

Mr de Blasio said the city’s investigation will focus on brokers who have arranged loans for drivers and sometimes loaned the money themselves.

“The 45-day review will identify and penalize brokers who have taken advantage of buyers and misled city authorities,” the mayor said in a statement. “The review will establish tough new rules that prevent broker practices that harm hard-working drivers.”

Four of the city’s largest taxi brokers did not respond to requests for comment.

Bhairavi Desai, founder of the Taxi Workers Alliance, which represents drivers and independent owners, said the city should not investigate the business practices because it was complicit in many of them.

The government has already shut down or merged all nonprofit credit unions involved in the industry, saying they were involved in “dangerous and misguided banking practices.” At least one credit union executive, Alan Kaufman, the former chief executive of Melrose Credit Union, a major medallion lender, faces civil lawsuits.

Other industry lenders include Medallion Financial, a specialty finance company; some large banks, including Capital One and Signature Bank; and several owners and brokers of poorly regulated taxi fleets who have entered the lending business.

At City Hall, officials said Monday they were focusing on how to help the roughly 4,000 drivers who bought medallions during the bubble, as well as the thousands of longtime owners who were encouraged to refinance their loans to withdraw more money during this period.

City councilor Mark Levine said he was drafting a bill that would allow the city to buy medallion loans from lenders and then write off much of the borrower’s debt. He said the lenders would likely agree as they are anxious to leave the business. But he added that his bill would force lenders to sell at discounted prices.

“The city made hundreds of millions by increasing sales of extremely expensive lockets – until 2014, when it was clear those assets were on the verge of dwindling,” Mr. Levine, a Democrat, said. “We now have an obligation to find a way to provide relief to the driver-owners whose lives have been ruined.”

Scott M. Stringer, the city comptroller, proposed a similar solution in a letter to the mayor. He said the city should summon the lenders and pressure them to partially cancel the loans.

“These lenders have too often dealt in bad faith with a group of hard-working and unsuspecting workers who deserve much better and have yet to receive any legal action,” Stringer wrote, who added that the state should fill a loophole that has allowed lenders to classify their loans as business transactions, which have more flexible regulations.

Last November, in the middle of a wave of suicides among taxi drivers, including three owners of medallions with crushing debt, the council created a task force to study the taxi industry.

On Monday, a spokesperson for the speaker, Mr Johnson, said members of the task force would be appointed very soon. He also criticized the Taxi and Limousine Commission, the municipal agency that sold the medallions.

“We will explore all the tools we have at our disposal to ensure that in the future, TLC protects owners and operators of medallions from predatory players, including lenders, medal brokers and fleet managers,” said M Johnson in a statement.

Another city councilor, Ritchie Torres, who heads the council’s oversight committee, revealed on Monday for the first time that he had tried to launch his own investigation since last year, but had been blocked by the taxi commission. “The TLC didn’t just sleep at the wheel, it actively obstructed,” he said.

A spokesperson for TLC declined to comment.

In Albany, several lawmakers have also said they are researching potential bills.

One of them, Congresswoman Yuh-Line Niou of Manhattan, a member of the banking committee, said she hoped to pass legislation before the end of the year. She said state agencies involved in the crisis, including the Ministry of Financial Services, should be reviewed.

“My world has been rocked right now, to be honest,” Ms. Niou said.


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Compare current FHA mortgage rates https://work-fromhomee.com/compare-current-fha-mortgage-rates/ https://work-fromhomee.com/compare-current-fha-mortgage-rates/#respond Mon, 22 Mar 2021 09:38:55 +0000 https://work-fromhomee.com/compare-current-fha-mortgage-rates/ What is an FHA loan? An FHA loan is a government guaranteed loan that helps those who cannot afford or qualify for a conventional mortgage. These tend to have lower income and credit score requirements – lenders can accept requests for FICO® scores as low as 580. Additionally, FHA loans allow borrowers to pay as […]]]>

What is an FHA loan?

An FHA loan is a government guaranteed loan that helps those who cannot afford or qualify for a conventional mortgage. These tend to have lower income and credit score requirements – lenders can accept requests for FICO® scores as low as 580. Additionally, FHA loans allow borrowers to pay as little as $ 3. 5% depending on their creditworthiness. Additionally, some or all of a borrower’s down payment may come from generous family, friends, employers, or charities in the form of a down payment.

Borrowers will have to pay FHA mortgage insurance regardless of the amount of their down payment. This involves paying both an initial premium and a monthly premium. The initial premium is 1.75% of the base loan amount. The monthly premium is based on factors such as the amount and terms of your loan.

You’ll also want to decide on the mortgage term that’s best for you. FHA loans can be repaid over 15 or 30 years. Both terms have fixed rates, so your interest rate and therefore your monthly payment will never change.

How To Find The Best FHA Mortgage Rates

To get the best mortgage rates for an FHA loan, you will need to seek out lenders approved by the Federal Housing Administration. These are the only lenders who offer FHA loans.

There are some important steps you need to take before applying for a mortgage. These include figuring out how much home you can afford and making sure you meet the lenders’ requirements.

Then you should get quotes from various lenders as their interest rates and fees may vary. Find those who offer prequalificationbecause it will have no effect on your credit score. FHA mortgage insurance premiums are generally the same no matter who you go with.

Once you have your quotes, be sure to compare the APR. The APR will reflect both the interest rate and the fees you will have to pay.


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