A long career is what many professional athletes aspire to have but few achieve. Nene Hilario is one of the few who has achieved such status. Nene is currently playing in his 17th professional season in the NBA. Although he currently plays for the Houston Rockets, he has played for a total of three teams throughout that span. Nene Hilario’s net worth sits at $40 million.
While some players are drafted early and show promise as a franchise player, others do not fall into the same category. Kelvin Benjamin was drafted in the first round of the 2014 NFL draft by the Carolina Panthers. After getting off to a quick start in his NFL career, Benjamin has regressed.
Benjamin posted his best numbers statistically during his rookie year where he recorded over 1000 yards receiving and nine touchdowns. Kelvin Benjamin’s net worth currently sits at $5 million.
The 2018 NFL season has been a roller coaster for Kelvin Benjamin. After beginning the season in Buffalo with the Bills, Benjamin briefly found himself without a job. With the majority of the season in the books, the Bills decided to let Kelvin go after what had been a disappointing season. Not long after however, Kelvin landed a job in Kansas City with the division leading Chiefs.
Since joining the Chiefs, Benjamin has made a minimal impact. Fortunately for the Chiefs, they are only paying Kelvin a fraction of his salary.
KELVIN BENJAMIN’S NET WORTH OUTLOOK
Although Kelvin Benjamin has totaled nearly $16 million in career earnings while playing in the NFL, his net worth outlook doesn’t look too promising.
Despite being a free agent after the completion of the season, Kelvin’s effort has been questioned many times over the past few seasons. In fact, he has been deemed the laziest receiver in the NFL by some metrics.
If Kelvin is able to get a new deal during the offseason it likely won’t be for much. While top NFL receivers are making nearly $20 million a season, Kelvin will be lucky to get $3 to $4 million per year.
If he is able to get a multi-year deal, it is likely that Kelvin Benjamin’s net worth could increase to $8 to $10 million in the coming seasons.
Despite the promise once seen at the beginning of his career, it looks like Kelvin won’t attain the astronomical net worth of other professional athletes. With pay for wide receivers at an all time high, a top notch season was needed to greatly increase Kelvin Benjamin’s net worth. That is not what is happening.
OTHER NFL PLAYER’S NET WORTH
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When most of the people think about real estate, all they know is buying and selling the property. However, not all people want to deal in buying and selling real estate directly. In case you are interested in investing, there are many avenues to do so in real estate. It is true that starting out in real estate is costly. You have to raise enough money to buy a house so that you can start your investment. You do not have to own a lot of money with the new options for investment. You only have to determine the option that is best for you. There are also opportunities for those with lots of money to invest.
- Real Estate Investment Trust (REIT)
The real estate investment trust is a company that specializes in real estate investment. The company either owns or finances the real estate business to earn profits. REIT was introduced back then in 1960, and since then, many people have benefited. You will find some of the REIT specializing in one thing or the other. There are REITs for a mortgage, mortgage bonds, residential, and commercial property. You can look at all the options then find the investment that gives you the highest returns.
You can invest your money in the REIT and in return receive constant cash flow on investment. REITs are governed by the securities and exchange commissions. All the REITs pay over 90% of the incomes they earn to the shareholders. You will have an opportunity to build your portfolio until you can afford to buy your real estate property.
- Home Construction
The good thing with real estate is that it has various facets. Instead of waiting to buy a house expensively, why not invest in building them. Home construction allows you to participate in something you have an interest in instead of buying and selling. Looking at the current trends in the market, experts confirm that there is a likelihood of an increase in home construction in the next ten years. You can take advantage of the situation and invest.
It is vital to consider various elements before investing. Find out where home construction is taking place. Determine whether there is a ready market for the homes. Are the houses being built high end or low end? The questions will help you approximate your returns. Apart from building homes, the companies can rehabilitate the other old houses.
- Real Estate Mutual Funds
The real estate mutual funds and REITs are closely related. However, the real estate mutual funds provide you with a wide array of portfolios to invest. An example of such a fund includes the Vanguard REIT ETF which has over 145 different stocks. The other popular one is the prudential global real estate funds. Note that REITs consist of companies while the mutual funds are not a corporation. Mutual funds are merely a group of investors who choose to pool resources together. The group appoints an investment manager to manage the investments.
You can diversify your portfolio as much as you want from mutual funds to real estate. You have an option of choosing investments based on growth rate of the income you can get. The alternative is instrumental in mitigating risk as you have a wide range of investment. Find out more about maximizing your portfolio and real estate investment to minimize the risk of putting all your investment in one. You can participate in mutual funds with as little money as $ 1,000.
- Real Estate Partnership
A partnership is another alternative for the people who would like to invest in real estate with no direct involvement. You can come together as a group of people, and everyone can make their contribution. You can find someone who would like to directly engage in the real estate business and become a financier. When you don’t have a lot of money, you can opt to pay the mortgages or a down payment.
- Exchange Traded Fund
Exchange traded fund commonly abbreviated as ETF provides an avenue for you to invest. An ETF is a collection of bonds or stocks in a single fund. ETF closely resembles the mutual funds and REITs. They all offer you an option to diversify your investment at a low cost. You are then able to minimize the risk on your returns. Examples of ETF include the vanguard VNQ which offers investments in REIT through the purchase of property and real estate buildings. Another example is IYR which trades in real estate stocks and REITs.
- Real Estate Focused Company
The real estate-focused company is the best option if you want to invest in a particular real estate investment. It is straightforward as the only thing you have to do is find the company. It could be a hotel, resort operations, or real estate developers. It does not offer diversification as the REIT or ETF.
Even though the real estate-focused company is an actual corporation, they are different from REIT. The way they operate is different from the way REIT operates. Moreover, a focused company offers way less dividend than REIT offers on investments. Before investing, it is critical to conduct a background check. Confirm the company history and existence to avoid losing your money to unknown people.
- Hard Money Loans
Do you have a lot of money and you are looking for a place to invest? You can invest your money in real estate. You do not have to know the basics of real estate to invest. You can find people to do that for you. I’m sure the last things you want is to get the headaches that come with being a landlord or managing the property.
You can specialize in giving out hard money loans to the real estate investors. Let the investors worry about the other issues of management. In return, you receive a percentage of money on returns. Make sure you lend your money to people whom you know well enough. Another alternative is to determine whether the investor is creditworthy so that you have the assurance of getting your returns.
It has become exceedingly easy to amass overwhelming amounts of debt. In fact, the average American has over $15,000 just in credit card debt alone. As long as you are paying your monthly payments on time, it can be simple and even exciting to be approved for new credit.
Eventually, though, many people find themselves living in the vicious cycle of taking out new credit cards to pay for their daily living so that they can afford to make their minimum monthly payments.
This type of debt is stressful and if you’re in it, you may feel like there is no end in sight. But the good news is that you are not alone. Due to the preponderance of people who have wound up over their heads in debt, there are many legal debt relief solutions available to help you out of it.
Most of these solutions are real and are used by millions of people to get out of the painful quicksand that debt can be. The problem is knowing which debt relief programs are real and which ones to avoid.
Here are 7 things you should look for when choosing your debt relief company so that you, too, can be on your way to financial freedom.
7 Critical Steps to Finding a Good Debt Relief Program
Not all debt programs are created equally. Some will say they are non-profit, but this just means that their profits are distributed differently.
What you need to know before jumping head first into a debt relief program is that it is not a magic wand that will eliminate your debt and let you start over immediately. No matter which program you choose, there are some drawbacks.
You will have to give up taking out new credit cards and loans. Your credit score will likely drop at first (see #5 below for details). Your creditors probably will not receive their first payment for two to three months, so you will still get those pesky phone calls.
But a reputable debt relief company can get you out of this spiral quickly and have your debt paid off on a regular schedule in one payment. You will be saving the hassle of juggling multiple monthly bills and interest rates and your overall pile of debt will go down much faster.
- Find a program focuses on saving you money. Some programs will work with your creditor to get them paid, but they put the effort in to get you the best deals. You need to choose a program that will negotiate with your creditors to reduce your interest rates or lower the balance that you owe so that your debt is easier to tackle.
- Check the program for predominantly five-star customer reviews. Do your research thoroughly. No matter which company you are checking into, remember that it’s common to see occasional bad reviews, but you should see many five-star reviews on sites like Yelp, Google Reviews, and Consumer Affairs. If there are satisfied customers across the board, you are likely dealing with a reputable business.
- Verify the fees that the program will charge. Obviously, your goal is to get out of debt as quickly as possible. When you are paying extra fees for a service to do this, you end up in debt longer. Instead, find a fair price for the service. It is normal to see fees in the range of 20% or less or a flat fee. Anything higher and you need to consider whether it’s worth the additional cost.
- Ensure that the program you choose is accredited nationwide. Each state has different laws when it comes to regulation of debt settlement. It’s important that you find a program that understands the laws in your state as well as how your debt resolution will affect you federally.
- Contact the debt relief program to have them explain how they handle the restoration of your credit and dealing with your creditors. Working with these types of programs will have an impact on your credit score. Most likely, it will go down in the beginning. Debt relief companies know this and good ones will work with you to help you improve your ratings as soon as possible.
Because the beginning of your debt relief relationship with your company will be based on ensuring that you both are doing your part, the first month or two of payments will not be going to your creditors. These will cover your fees and likely be placed in a type of escrow while your agent is working with your creditors to come to an agreement on your debt.
During this time, you will still be receiving phone calls. A good program has a system in place for this so that you can deflect those calls to an agent instead. You can find more details at NationalDebtReliefReviews.com.
- Find out how they set up their monthly payments. You can expect that, due to the type of business you are dealing with, you will have to pay through direct withdrawals each month. However, some companies make this easier for you by having two smaller payments scheduled, while others prefer one lump sum each month. No matter what, your payment should be smaller than what you are currently paying as your total minimum amount due.
- Check the fine print. How the company handles your paperwork says a lot about their reputability. Before you sign on the dotted line, review everything from how they handle your processing to what the documents say. You should feel comfortable with the professionalism involved.
Choose the Debt Relief Program That’s Right For You
You don’t have to settle with the first one that comes your way. There are many programs out there to help you.
Do your research and talk to people at the company you are considering working with. When you feel confident that they have your best interests in mind and know what they are doing, you can sign up with them to get on the fast track to financial freedom!
Tired of struggling with debt? It’s easy to fall into the common debt trap, particularly with the high cost of living these days. However, if like thousands of others you have found yourself facing significant debt to pay off, there are ways you can get out of it.
Regardless of how much debt you’re facing, there is a lot of help available these days. Here, we’ll look at some of the best ways to get out of debt and achieve financial freedom.
Know what you owe
The very first thing you’ll need to do is know exactly how much you owe. For many people, this is the hardest step. It can be extremely daunting facing up to your debt level and seeing exactly how much you owe. However, without knowing the total debt, you’re not going to be able to work on paying it all off.
So, take some time to sit down and work out how much you owe to each of your creditors. It helps to also work out how much interest you’re paying on each debt and how much you repay each month.
Break it down
Once you know how much you owe, you can then break it down. Many people choose to repay their debts using the “snowball method”. This is where you start with the smallest debt that you owe, focusing all of your efforts on paying it back, while making minimum repayments on other debts.
Then, once that small debt has been cleared, use the money you were paying towards it, to knock down the second smallest debt and so on. Alternatively, you may find it more beneficial to start with paying off the highest interest debt first.
Change your accounts
You can often benefit from switching your accounts while you work on getting your debt down. So, if you have credit card debt, it could be worth transferring over to a balance transfer credit card. This gives you a 0% interest free period for a set amount of time. This allows you to pay off the debt, without incurring any additional interest fees. You can also switch to a better bank account which can help you to control your spending.
Owing a large sum of debt can understandably be worrying. However, the above tips will help get you started at paying them off. If you’re really struggling, don’t be afraid to reach out to a debt advise charity who will help you to figure out the best way forward
Graduating from college or university is cause for a major celebration. All of that hard work and studying has paid off and you’re ready to start focusing on your new career. However, one thing you really need to prepare for is the change in budget.
Now that you have graduated, you’re going to notice some major changes in your financial situation. So, what budgeting changes do you need to account for?
The cost of rent
While you did have to pay some amount towards your uni accommodation, now you’ll have two choices – either move back home with your parents or rent a property. Many graduates do choose to move back home in order to save for their own place. However, if you’d prefer to maintain your independence, renting is the best option.
The cost of rent is currently at an all-time high, so you’ll need to do your research to determine which areas are cheaper. You could also rent a room in a shared house, rather than an entire property to save money.
Your income should go up
If you were already working when you were studying at uni, your income should now increase. As a general rule, graduate incomes typically start around £20,000. However, again it’s worth researching to see what the average graduate salary is in your chosen profession and area.
Don’t forget to take off the tax too. Many jobs advertising their annual salary don’t account for the tax that is taken off. So, this is something to think about when applying for new positions.
Monthly costs to consider
As well as your rent, there are other monthly costs you’ll need to consider. You’ll already likely have a student loan to pay off through a company such as Smart Pig, so this needs to be factored into your budget. Then there’s the travel costs of getting to work, money for groceries, your mobile phone and money for clothing.
You’ll also need to pay bills including water, gas and electric. It all adds up so you will need to do some pretty clever budgeting until you get adjusted to your new circumstances.
Overall, your budget does change significantly once you become a graduate. It’s worth planning well in advance before you actually do graduate in order to ensure the transition is as smooth as possible. The above are just some of the main things to factor in to your new budget.
A life insurance company wants to minimize their financial risk as much as possible. Younger applicants are healthier than middle-aged people or senior citizens. They will live longer than older people and have decades of life to pay insurance premiums. Young applicants also get more worth out of a life insurance policy in terms of cash value, benefits, and coverage customization.
If you are over the age of 65, this doesn’t mean that you can’t get life insurance. It just means that it will be more difficult and expensive to acquire. The older that you are, then the closer that you are to death, statistically speaking. Men usually live until 69, while most women live to be 71. Of course, people live longer nowadays. Yet, the longer that you live the more prone you are to the illnesses, diseases, mental impairment, and physical degradation that comes with advanced aging.
A life insurance company is more likely to pay out beneficiary payments for a senior citizen applicant much sooner than a younger applicant. However, there are many life insurance products and alternatives that senior citizen can apply for. They may be costly and/or offer diminished benefits packages.
Final Expense Insurance
One of the cheapest ways to have some sort of life insurance is to have a final expense insurance policy. These policies can provide a policy payout from $1,000 up to $50,000. However, most people get enough to cover their burial and minimal expenses.
What is great about final expense insurance is the monthly premiums are inexpensive. Generally, less than $50 per month and there is no medical exam on most of these policies. This gives a family a sense of security and takes the worry and stress away from the family having to have the burden of paying the bills.
Term Life Insurance
This is a life insurance product that provides coverage within a predetermined term. Term life insurance is usually offered in increasing increments of 5-year terms. You can buy a term life insurance policy for 5-years, 15-years, 20-years, and so on. If you bought a policy for 10-years, then the coverage would only be active within that 10-year window of time. Term life insurance policies are affordable and offer the kinds of benefits that you will find in traditional life insurance policies.
The amount of premium that you pay should not increase for the life of the policy. However, term life insurance’s greatest benefit can also be its drawback. If you choose a 10-year window of coverage, for example, then you must die sometime within that predetermined 10-year coverage window for your beneficiaries to receive benefits. If you were to die 10 years and one day after buying the policy, your beneficiaries get nothing.
Outliving predetermined term life coverage windows means that you must buy another policy all over again. You may be able to extend term coverage or convert it, but that will cost more. Term life insurance coverage is affordable but is also a gamble.
Universal Life Insurance
This is a form of life insurance coverage is risky, expensive, and may depreciate in cash value in unpredictable fashion. If you have money to spare and are financially savvy when it comes to investing, then it may be right for you. Universal life insurance offers lifelong coverage. It also accumulates cash value over time. However, what you pay in premium may fluctuate over time. The cash value inherent in universal life insurance coverage is pegged to stock market performance.
The cash value of your policy is based on and tied to investments made on behalf of the carrier. If the investments tied to the policy underperform, then you might have to pay a higher premium to keep it from being canceled. You can borrow against the cash value of the policy. If you die before repaying, the loan amount will be deducted from beneficiary payments. If the investments tied to the policy perform well, then the policy gains accordingly in value.
Talk To a Professional
If you are 65 and over, don’t apply for life insurance coverage on a whim. Talk to a financial advisor, insurance agent, or broker. Consider your options. You can get life insurance coverage. It just might not be entirely on your terms.
Once an IVA has been formally agreed by your creditors then it becomes legally binding on all parties concerned, although that’s certainly not to suggest that it can’t be amended going forward.
Once the terms of your IVA have been agreed with your creditors the Court will appoint your chosen insolvency practitioner to become the supervisor of the IVA. It is then his or her responsibility to ensure that all payments are made to your creditors in a timely manner and that all obligations under the IVA are properly fulfilled.
Throughout the duration of the IVA you must ensure that payments are made to your chosen advisor on time and in the event you find yourself struggling to make payments then you must advise them of this as soon as possible. Communication is key. By engaging positively with your creditors throughout the IVA then you’ll more likely reach a suitable outcome and most importantly, start to rebuild your financial future in a more positive light.
What to do if your circumstances change
Sometimes circumstances change – for the better, or even the worse. Typical examples of change can include:
- Receiving unexpected funds (such as a successful compensation claim or inheritance)
- An increase or decrease in salary
- Redundancy or other reasons for unemployment
- Finding out about an additional debt that you weren’t previously aware of (sometimes referred to as an ‘unknown creditor’)
Provided that you speak with your advisor as soon as possible then there’s no reason why they shouldn’t be able to vary your IVA to take account of any changes you might encounter throughout its duration.
How payments work
Once your IVA has been accepted you’ll simply pay one affordable monthly repayment to your advisor who will then distribute it to your creditors. This payment will typically include your advisor’s own fees too, which are usually in the region of £5,000.00.
What happens if any assets are included in the IVA?
If you’ve incorporated any type of assets into the IVA (such as a vehicle, or other property) then your advisor will sell these to raise further funds and distribute them in accordance with the IVA requirements.
If you have a property with any equity in it then you may also be required to re-mortgage it during the last year of your IVA to raise a lump sum. However, this very much depends on the property’s value and whether your creditors consider you have sufficient equity in it.
Who will manage the IVA? My creditors or my advisor?
Once you’ve entered into the IVA then the ongoing management will be dealt with by your advisor. Make sure you pick the best IVA company for your situation. Your creditors will no longer be able to make contact with you; nor will they be able to request any further money at the end of it. Any remaining balance will simply be written off.
Your advisor will keep the IVA under constant review and of course, will make contact with you should he or she have any specific concerns along the way.
Many traders will fear about their trading business after starting. Even after some good amount of time in this profession, people will not get proper faith in their business. Those are the traders who do not get good outcomes from their trades. So for a good performing trading business, you will have to give yourself some pats on the back and say it is okay. Otherwise, there will be no one for you to hold onto the rope. Then there will come the proper trade setup for your own trading business. It is the trading approach and strategies we are talking about. For each and every traders in this world, the strategies are the must. When they can make a good edge from proper strategies, the business will gloom with profits. So, without getting worried, let’s try to make the business more fun to handle.
Go with the flow from start
So what flow the traders will have to follow from their startup in the trading business? In the beginning, the traders will have to learn and give themselves self-confidence in this profession. Then there will come the proper knowledge about the trading process. They will help the new UK traders to make their own trading strategy from scratch. Then there will come the proper methods of trading. After that, the money management which is one of the most important things in this business will come. If all the traders can follow this kind of path for their business, there will definitely be good results in the trading business. So, think about what you want from this profession and start doing the right thing.
Consider it as your alternative source of income
Trading is extremely profitable when you consider it as your alternative source of income. Those who are trading CFDs for a long period of time, know very well how to manage their risk exposure with an extreme level of accuracy. Once you start to believe trading is your alternative source of income, you will slowly begin to reduce your risk and find good setups in your trading platform. This will eventually help you to make a consistent profit in the long run. Try to focus on rational logic as it will drastically improve your win factors. This will eventually help you to become a ful-ltime trader.
Master your own strategies
So we have talked about the strategies of trading in the last segment of this article. When the traders will be able to make their own trading strategy for all the step of this business, it will be one of a kind. We are telling it will be like that because for each and every trader in this world it is really good to deal with own plans and strategies. Thus, if your knowledge is good and the traders can make a good trading strategy from them, it will be according to the particular mind and some choices of that mind. Many traders mistake thins and totally miss this part of preparing for the trading business. They are the people suffer in the real business with improper trading approaches. Don’t be like them and make your own trading business far secured that it looks.
Make a solid plan for money
For all the traders this is a really good advice. If you want to be consistent and manage all the trades properly, making plans are a must. With consistency in the trading approach, any trader can manage the whole process properly. If the position sizing is good, then the risk management of all the trades can be precise for making the great risk to profit margins. Then there will be no problem with the proper closing of any trade. So, the traders will have to think about it in their business and make a solid plan for all the trades. It will be a demo plan which can be diversified according to the condition of the markets.
The NBA season is in full swing and some teams are looking better and worse than originally predicted. The Rockets and their losing record have many surprised, especially considering their dominance in recent years. On the other side, the Grizzlies who won just 22 games all season a year ago, already have 15 victories to their name this year.
A healthy Memphis Grizzlies squad has been the biggest difference. They now see a playoff push as a real thing and that led them to acquire Joakim Noah. Noah was let go earlier this year by the Knicks, and he has since singed a one year contract with Memphis. Joakim Noah’s net worth currently sits at $45 million.
Currently playing in his 13th professional season, Noah has earned quite a bit during his career. In fact, before the start of the 2018-2019 NBA season, Noah had earned more than $120 million in earnings.
A ninth overall pick in the 2007 NBA draft out of Florida, Noah’s first contract paid him a measly $4.4 million for his first two seasons. It wasn’t until before the start of the 2010-2011 season that Joakim Noah’s net worth really started to rise. Before the season he signed a five year $60 million rookie extension.
The most lucrative contract that Noah signed was during the summer of 2016. Chicago and Noah agreed on a four year deal worth $72 million. However that move came with some controversy. That following season, Noah was suspended for 20 games for violating the league’s drug policy. His 20 game suspension ended up costing the star over $3 million in earnings.
Noah’s best year statistically came in the 2013-2014 season where he set career highs in points and rebounds per game. More importantly that season was his stellar defensive play. In 2014, he won the NBA award for Defensive Player of the Year.
Joakim Noah’s net worth might be hitting a plateau. He’s making less than $2 million in salary for this season with the Grizzlies. Many believe that he is coming into the tail end of his career. His role in Memphis is that of a backup who is coming off the bench. While his efforts are surely appreciated, he clearly isn’t the player he once was.
With all things being equal, we can expect that Joakim Noah’s net worth won’t have any sort of meteoric rise in the future. Hopefully he can count on sound investing principles to carry his wealth forward.
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