Recent Posts

8 Best Free Piano VSTs for Authentic Piano Tones

By Ashutosh Jha → Saturday, February 27, 2021
Imagine yourself as a song composer or producer. Which is that one instrument you’ll go looking for while you’re starting on the song? The most common answer would be a piano. It is not always that one will have access to the piano hardware. This is where the VSTs come into play.



Piano Virtual Studio Technology (VSTs) is possibly the best alternative to purchasing an expensive keyboard. All one needs to own is a MIDI keyboard with preferably 88 keys (just like a piano). The VSTs are software that not only imitates and emulates the piano but also generate decent sound quality, digitally.

Best Free Piano VSTs For Authentic Piano Tones

There are several VSTs available in the market. They are an economical and convenient solution when it comes to creating piano compositions. Here is a list of 8 such software that the user can use free of cost:

1. Prism Audio Atmos Piano

If it is a soft distant sound that the composer is looking for, then Atmos Piano is probably the best choice. It gives a dreamy and acoustic sound, which is a perfect match for an intimate ambiance. This is a perfect choice if the aim is to create an ambient piano soundscape.

This particular free software offers a whopping 2.4 GB library containing some 240 different samples. There are two different microphone sources. The input from these sources can be blended together with decay and release parameters.

2. Keyzone Classic

This is one such VST which is a sample-based all-round piano plugin. This is one of the most used piano VST as it can emulate some of the best piano brands. Its presets include Yamaha, Steinway and electronic Rhodes. Keyzone offers some of the common synthesizer parameters too.

The pitch expression can be altered and affected by ADSR and an LFO. Pan lets users shape a unique piano sound. Since Keyzone Classic has some of the best sound shaping features to offer, along with the presets of the famous brands, for most musicians, it is their go-to free piano VST.

3. Spitfire Audio Labs Soft Piano

Spitfire Labs has some of the free instruments available on their platform. Of these, their soft piano plugin is possibly their most famous instrument that is used by professionals. The soft piano is known for delivering warm tones. Many composers have actually composed their solos, and sometimes even whole albums using this free VST plugin.

4. Versilian Studios Upright No.1

It is a great emulator of a classic upright piano. It is a lightweight sketching plugin that is used by many musicians. Just like the Keyzone Classic platform, this too offers ADSR controls along with built-in reverb and panning features for better sound shaping. The sampling of this plugin has 3 velocity layers which come with 2 round robins (Round robins are different numbers of samples per note.

The system selects a random number of samples each time the tone is played so that the music sounds realistic and not digitally produced). These samples include full decays of about 30 seconds. This allows great versatility. Using the Versilian Studios Upright No.1 brings authenticity to the composer’s music.

5. Ivy Audio Piano in 162

This is a particular sample library for Steinway Model B grand piano. The samples have 2 round robins, 5 dynamic levels, and separate pedals on and off. This is therefore a very comprehensive approach to sampling. In order to run the library of Piano in 162, a sampler is needed. This software is compatible with Kontakt and Plogue Sforzando which run “.sfz” files (.sfz files store instrument data of software synthesizer as texts).

6. 99Sounds Upright Piano

This was recorded by an Italian pianist and sound engineer, Rudi Fiasco. This particular VST offers 4 sampled notes per octave and six dynamic layers for each of these sampled notes. Just like its contemporaries, this VST too features ADSR controls, volume controls, and built in reverb. What helps the 99Sounds Upright Piano stand out is its filter and tremolo control. It is a great choice for creating vintage sound.

7. Soundmagic Piano One

This is a sampling of Yamaha C7 concert grand, which uses its own modeling engine to capture a more realistic sound of the C7. This VST offers a multitude of controls, which is unnatural for any piano VST. Using these the composer may customize almost every aspect of the piano sound. Besides the regular features that are commonly available, some of the special features offered by Soundmagic Piano One VST are piano noises, audience, and player perspective.

8. Bigcat Instruments Iowa Grand Piano

While all the other VSTs are equally good, it is almost unbelievable for this VST to be a free plugin. While the other VSTs are sampled every third note, saving space for round robins and velocity layers, this VST includes every note with three velocity layers, making the tone extremely realistic.

Individual samples can be downloaded as they exist in the public domain and can be used in music. Just like the other VSTs, this too features standard ADSR and volume controls with reverb and panning.

These were some of the best free piano VSTs of 2021. Users and composers may choose from the list above depending on which piano model they wish to emulate and use in their music.

Beginner Forex Trader Basic Tips We Should Know

By Ashutosh Jha →
Choosing the right Forex broker is essential if you are aiming to become a profitable trader. Having a broker is a must in the Forex industry, and they can be helpful and supportive when you don't know exactly where to begin or what to do. Yes, the trading account is entirely under your control, but it doesn't mean you should take it lightly.


After all, you will put a certain amount of money into it, and it's best to consider it an investment because it is. Since you want to manage your trading account properly and get the most of it, here are some tips on selecting a good Forex broker, which will help you along the way, and what you should know about the industry itself.

What's your goal?

Since Forex trading is successful if you are there in the long-run, what is your ultimate goal? Why do you want to become profitable? What for? The question is silly at first, but it goes way beyond numbers on your trading account.



Do you want to buy something that you can't afford with your current paycheck? Do you want to save more for your retirement? Maybe you want to start and see if you could turn into a full-time Forex trader over time and make it your job.

Whatever the case is, every goal is valid, and it will raise your chances of profitability by about 85 percent. When the market gets super volatile (which is almost every day, since we are talking about Forex), you will be less prone to making rash decisions because you will know why you are trading in the first place.

It is an absolute must to have a goal, even if you don't know what you want to invest in. You will figure it out along the way while learning how to read charts, how the market works, and what trading plan suits you the best. That's what a good Forex broker is here for, as well.

Forex works (almost) non-stop

Forex (Foreign Exchange) is a trading system that operates 24/7 from Monday to Friday, giving you many opportunities to buy and sell. While this is great and can give you a chance to find your time-frame when you want to sit down and check the market, it can cause FOMO (fear of missing out) since Forex traders will think they missed on an ample opportunity while they were away.

In reality, they didn't. If there were such a significant shift all of a sudden, you'd probably hear about it and then act.

Still a beginner or not, you should at least consult with your broker before you buy or sell on the market. They can tell you if you are rushing things or people are saying stuff they don't even know enough about, prompting you to doubt your decisions.

Don't go overboard

Many think they should go all in once they open a Forex trading account. This is the complete opposite of what a responsible trader should do. No matter how much money you have and you can invest if you are that willing to have it on your trading account, have it there, but don't invest the whole amount into one thing right away. It's a mistake that's hard to correct, and you'll most likely be on the losing side. It's your money, and you should treat it with respect.

When we mentioned going long-term, it meant observing the market, learning about it, and investing small at the beginning, so you can see how the market reacts to your decisions. It will be an exercise at first, and you can start with 5 dollars if you want. You will still get to see what happens, and if you lose it, it won't be horrible for you.

In the end

Please pay attention to everything we mentioned, and don't start before you figure out your goal. Finding a regulated and licensed company is a must, so you avoid scams, and you can easily do that by checking Forex reviews and regulator websites. Be sure to do your research, and take it slow. Good luck!

The 10 Most Important SEO Tips You Need to Know

By Ashutosh Jha → Thursday, February 25, 2021
With the emergence of digital marketing, you can see the sudden sore in blog posts and articles. And, along with the shoot-up in blogs and articles, SEO has come to life. Furthermore, the day-to-day changes in the development of technology have changed the world of SEO too. There's a lot more you need to know about Search Engine Optimization. These itty-bitty tricks and tips can improve your website performance drastically.
 
Here's a guide of the 10 most important SEO tips you need to know to reach the zenith. Also, guidance from an SEO agency can be a tower of strength too. Sneak a look below to grasp important yet easy tips to ace your website.

Top 10 Must Know Important SEO Tips

Let's start and understand most important SEO tips for your next blog or websites-

1. Get Rid Of Stuff That Slows Your Website

First impressions are the best. Similarly, websites are the first focus of businesses. So, ensure that it's mesmerizing. And, the main thing which determines the quality of a website is the speed. With everything swift and modern, nobody has time to wait for a website to load, and it's frustrating. So, focus on your website's speed, and very soon, you'll witness an increase in traffic and sales also.

2. Invest In Voice Search Optimization

With the frequent enhancement in technology, voice search optimization has gained a lot of attraction, and people have fallen in love with it. If you haven't given your best, then the time has arrived.

According to studies, voice search optimization enhances the user experience, and also, there is an intensified boost in the number of users. A simple and easy tip is to consider choosing wise keywords and design web pages that answer simple FAQs because people like to ask questions in search engines.

3. Build Quality Links To Other Web Pages

If you ignore building backlinks and creating a bond between web pages, you are missing out on a vital source of traffic and users. Linking one content to another relevant content isn't wrong like some people think. It's highly beneficial and can help you generate more viewers. But remember, there should be an appropriate link between them that guarantees the reader would tap on it.

4. Don't Stuff Keywords In A Dumb Manner

Keywords, Keywords, and Keywords are just important like you think, but remember to place them in the right spot. It should never look awkward and misfit to the readers. Keep in mind that the article should be seamless and engaging to captivate readers.

5. Backlinks Can Be Worthy Too

Building backlinks through guest posts and so on can be of great help too. The creation of nofollow and dofollow linking inappropriate websites will help your audience discover you more fruitfully.

6. Mobile-Friendly Websites

If you aim to provide the best services to your customers, then your website must be swift and best in mobile too. Yes! It is validated that mobile optimization can take your business to the skies because the majority of netizens depend on mobile only. Start working on it now.

7. Design Unique And Suitable Meta Descriptions

It's imperative to create eye-catchy and unique meta descriptions to gain more traffic to your website. Keep in mind that duplicate content and meta descriptions aren't saviors, and they can be trouble for your website. So, focus on fixing duplicate meta descriptions and build-up quality meta descriptions for each page.

8. Simple and Easy URLs

Complicated URLs aren't something laudable; instead, they are slowing down your progress. A hard-to-read and complex URL cannot stick to users' minds, and they tend to forget them soon. So, if you wish to attract a huge number of crowds, then go for short URLs. Additionally, they are easy to understand for search engines too.

9. Publish Quality Words Regularly

Curate content that is worthy, informative, and can keep the readers engaged and entertained. If you are confident of your style of content and its worthiness, then go on and ace it! Publish them regularly and gain more admirers to thrive well.

10. Social Media As Backup

A humongous population of this universe dwells in social media. So, as soon as you are done posting your content, share a creative poster on social media and relish netizens' likes and follow-up.

Wrap-Up:

These tips can indeed help your website to reach among the top. Focus on your goal and reach the top by optimizing SEO to the fullest and relish the increase in traffic.

7 Best Free Online Proofreading Tools for Error-Free Writing

By Ashutosh Jha → Monday, February 15, 2021
Whether you are a blog writer, columnist, feature writer, or any other type of writer, you have to ensure the quality content which is error-free and easy to read. There are writers who charge $100 for a post while others just get around $2-$3.

Why so much difference?
 
These are mainly because of the writing style, error-free, and data-driven content. While writing the content, we make loads of errors. These errors can be of grammar related or spelling mistakes or incorrect sentence creation etc.

You should do the detailed content analysis before publishing any article to ensure it is free from any kind of errors and mistakes. Usually, there are some errors which you won’t be able to find normally and so you may need to take the help of some tools which will detect such errors and help you to correct.

One such tool is Grammarly and there are many Grammarly alternatives that will help you to detect and correct the errors associated with the content.

As I wrote in my Grammarly review post that, it is a paid tool and the free version won’t much help especially if you are a beginner? So today, I will be sharing some best free online proofreading tools. These are also free Grammarly alternatives and are very useful for beginners who have just started.

So let’s get started with these Free Grammarly alternatives using which you can write an error-free and high-quality content. These free online proofreading tools will help all the writers no matter you are a beginner or an experienced professional.

Useful Free Online Proofreading Tools

Here is the list of 7 best online proofreading tools and software which will help you in your writing journey. These free online proofreading and editing software are available for free but some of them also provide the premium version with more features and customization.

Here are some of the common practice I used to do before publishing any post-

• I take a break after writing the article and proofreading. Usually, I do after a few hours.
• Read thoroughly and do with the cool mind. Better select a place with less distraction.
• Read from the visitors’ perspective
• Keep on editing in real-time. Some people find an error and mark it. After reading the entire article, they correct. But I prefer editing as soon as I find an error.
• Use an online proofreading tool.

Grammarly

Grammarly is trending and highly used online proofreading tool currently. This is a multi-purpose tool that will help you to check and correct any kind of content for any error.
If you will ask me to recommend only one online proofreading software, I will say you to go with Grammarly.

You can check our Grammarly review to know about the tool in detail. This software is a fermium tool which means, you can use it for free with some limitations but the paid version comes with a better result. Also, the tool has a web API, browser extension, and Microsoft Word extension for better editing. You can also check Grammarly alternatives to look for alternative options.

Join Grammarly, it’s free!

Ginger

Ginger is another top grammar checker tool for editing and proofreading the articles. It is one of the best Grammarly alternatives.

It is a free online proofreading software and comes with all the major OS like Windows, Android, and iOS. It has many features like-

• Grammar checker
• Sentence rephrase
• Translation
• Dictionary
• Text Reader
• Personal Trainer and much more…

Link

Polishmywriting

Polishmywriting works in a similar way as Ginger do but it won’t suggest you for the error like a/an, has/have, etc.

It provides a colorful interface where it shows the errors in three different color-

• Red for the spelling error
• Blue for the style suggestions
• Green for grammatical errors

I found this proofreading software most quick compared to any other online proofreading software.

Link

Slick Write

I found Slick Write one of the best online proofreading and editing tools. If you are not in a hurry and want to deliver the quality content with NO mistakes, Slick Write is for you.

It doesn’t only help you to detect and correct the grammar and spelling errors but also helps you to improve your writing skills.

It will also help you to form the correct sentence and will help you with the word variety.

Link

PaperRater

PaperRater is another good tool for online proofreading and has almost similar features that other free online proofreading services provide with an extra feature. It also checks your article title and rates your overall work like your vocabulary, word choice, style, etc.

You just need to submit your content and it will give you and score based on your writing, grammar, content quality, and sentence formation.

Again it is a fermium tool and you will get full functionality and features in the premium version. But the free version is also worth trying.

Link

SpellChecker.net

This is a bit different from what other online proofreading software provides. Using this tool, you can check your article in different languages.

This tool is highly useful when you have to proofread your entire blog. It will check and will suggest the best solutions for the errors found.

Link

Language Tool

It is another new but impressive free online proofreading tool. It is an open-source proof­reading program for English, French, German, Polish, and more than 20 languages.

The tool is available for open office, desktop, Firefox, and Google Chrome. You can paste your content and can get the suggestions for the errors found.

Link

Writer.com

The writer is a leading AI-enabled business writing assistant for business. It helps you write better content which are error-free and which makes an impact. The writer is comparatively new in the segment but due to its algorithm, getting immense popularity. And due to the strong platform, Writer is being used by organizations like HSBC, Twitter, Zoom+, Discovery, Intuit, and more.

The best thing with Writer is, it allows you to create your own rules for editing content across the platform without referring back to the reference document all the time.




Tommy Hyland who is the VP of Marketing at Ascend says- Writer has allowed him to centralize his content style guide and terminology, making it much easier for others across the company to create marketing content that is aligned to our brand. Please note it is a premium tool and only free trial is available.

Here are some of the features of the Writer which you can use regularly-

  • Available for Google Chrome, Microsoft Word, and Google Docs
  • Uses AI to recommend best and find the error
  • You can save your own style and use it anytime
  • Helps you to be consistent throughout the content in the organization
  • Control where the suggestions should show
  • Fully safe and secure

Access Writer

Wrapping it up!


These were some of the best and free online proofreading tools. These free proofreading software helps you to check content for any possible grammar mistakes and also helps you to enhance your writing.

Do check your contents before publishing with any of these grammar checking tools and ensure that it is error-free and easy to read and avoid common blogging mistakes.

Let me know which online proofreading tool you use for content editing?

How To Choose Best Medical Billing Company In The USA?

By Ashutosh Jha → Wednesday, February 10, 2021
Currently, tech advancements and the latest regulations have made medical billing a difficult task. Therefore, practitioners are tending to hire a reliable medical billing company in the USA.

When you hire a medical billing agency, expert billing specialists enable you to streamline the entire billing cycle efficiently. They help practitioners to optimize the practice’s cash flow and improve the proficiency of your business respectively. They also help you fix the issues of your practice efficiently.

However, new technological advancements and billing/coding standards have made medical billing a daunting task.

Effective follow-up of medical claims and efficient medical billing collection help healthcare professionals to enhance the financial stability of your business significantly. Expert billing specialists utilize comprehensive approaches to streamline the cash flow in order to make the financial health of your business more strong.

Challenges of medical billing

Medical billing processes have become more complex due to the continuously competitive norms of the healthcare industry. Latest policies and constant rule updates like the transition of ICD-9 and ICD-10 codes have made the billing/coding process more hectic.

Furthermore, federal regulations are covering almost every aspect of medical billing/coding, healthcare documentation, and reporting. Therefore, expert medical billing services providers help professionals to stay updated with the latest published rules and regulations. These rules have crossover effects and often overlap in the business of healthcare.

The Healthcare system is embedded with multiple layers of variance. That's the reason a lot of complications have arisen due to the complexities of healthcare billing and coding standards. Moreover, errors in medical billing procedures can lead to financial issues and compliance risks. It can also increase problems and reduce the reimbursements. Therefore, billing experts comply with the changes in every aspect of the healthcare community and help you increase the proficiency of your practice efficiently.

If medical billing tasks are not handled properly. It can negatively affect the performance of your practice significantly. That’s the reason many practitioners hire experienced medical billing agencies to outsource their medical billing and coding services remarkably. Billing specialists help practitioners to meet the needs of your business respectively.

Practitioners may be responsible for optimizing the general practice tasks as well as specialty services significantly. Therefore, when you outsource your medical billing services, expert billing professionals help you improve your reputation and enhance the cash flow. Moreover, they help you stay up-to-date with regulatory compliances and stay relevant to upcoming market trends.

Here are some important tips to choose the best medical billing company in the USA:

Check their experience

Before hiring a reliable medical billing agency, the most important question that you should ask is how long have you been in the market? Do their clients have a satisfactory experience? Therefore, the general rule should be to find a medical billing firm that is providing exceptional medical billing services to the clients. Moreover, they should have generous experience in business for providing efficient medical billing services.

Good reputation

Nowadays the industry is full of deceptive agencies who waste your money and time. Moreover, they further raise problems for you to handle billing processes. Therefore, when you hire a medical billing firm with a strong reputation. Billing professionals can help you manage each and every operation of your facility effectively.

Denial management support

When you hire a medical billing company in the USA, medical billing specialists help professionals to eradicate billing errors. In this way, they help you prevent the chances of getting medical claims denied. The efficient denial management team helps you streamline the whole process. Therefore, they help professionals to submit clean and error-free medical claims efficiently.

Advanced knowledge of ICD-10

Error-free coding is the key to get reimbursed in a timely manner. When you work with certified medical billing specialists, they enable you to stay up-to-date with the latest rules and regulations of the market. Moreover, the medical billing experts have industry experience as well as in-depth knowledge about the latest transitions of the medical codes. Therefore, they help you to save your precious time/money, accurately code medical claims, and prevent claim denials.

Practice specialty experience

When you hire a reliable medical billing company in the USA, expert medical billing professionals provide specialty billing practices. In this way, they help you to meet all needs of your specialty-specific medical practice remarkably. Ambitious billing experts help you to expand the subspecialties as well as specialties and make your billing processes more proficient.

Responsive billing company

When you hire a trusted medical billing agency, billing experts utilize advanced approaches and help you make a better practice experience. They have the expertise and in-depth knowledge to handle a variety of medical billing tasks. They have the capabilities to identify the errors and respond to all concerns efficiently. In this way, they help you streamline all medical billing processes remarkably.

Offer Advanced technology

As you know medical billing and coding is a continuously changing process that requires adaptability, consistency, focus, and attention. When you hire a trusted medical billing, expert billing professionals help you to solve multiple practice challenges. They utilize an integrated practice management system as well as cloud-based technology and help you maintain the quality of your medical billing service efficiently.

Take an initiative

Medicare MSO is a leading medical billing company in the USA. Our dedicated and experienced medical billing teams can help you reduce the hassles of medical billing processes, ease your practice operations, and ensure the security of confidential data. Contact us: https://medcaremso.com/medical-billing-company/ today to improve your cash flow significantly!

Trading Stocks From Home: An Income Source in 2021?

By Ashutosh Jha → Monday, February 8, 2021
With only a few weeks left of the dumpster fire that has been 2020, many of us are scanning the horizons for a glimmer of hope.

2021 seems like a bit of a promised land. Somewhere we can recoup and recover from the mental, social, and financial trauma of this year.

With so many losing wages this year, it’s no wonder that a lot of people are looking for additional sources of income. Trading from home is on a lot of people’s radar thanks to advances in technology and more online markets.

But can you make a decent income from trading at home? Is it the right choice for 2021?

Let’s take a look.

How does Trading Stocks From Home work

Traditionally traders work on the trading floor of the stock exchange. They buy and sell stocks through dealers on the floor. It’s the dealer’s job to match buyers to sellers and take a cut of the deal.

When you’re trading from home, the premise is similar but the people are virtual.

To be able to trade, you’ll need to choose an online broker. This is because individuals are not allowed to trade. Brokers are authorized to trade on behalf of individuals.

Once you have an online broker account, you will need to deposit funds before you can start trading. There are two kinds of accounts you can set up, a cash account and a margin account.

Cash accounts are fairly straightforward, you can only spend what you have in your account.

Margin accounts allow you to borrow from the broker based on the stocks you hold. These are held as collateral. For a more detailed understanding of the difference between the two accounts,

With your funds now in your account, you can begin trading.

Trading online isn’t an instantaneous transaction. The broker still needs to match you with a buyer or seller and will need to process the transaction. Patience, calmness, and a clear head are key to getting ahead in trading.

You will only be able to trade while the market is open. The New York Stock Exchange, for example, is open between 9.30 am and 4 pm EST.

One of the mistakes people make is assuming that they can just trade around their schedule. This is possible as the time difference between international markets and online markets tends to mean that there is always a market open.

However, you need to think carefully about what markets you trade-in. They will all have different levels of volatility and value.

What you need to have for trading stocks from home

To trade from home you need the following:

  • A secure understanding of trading
  • A mid-range computer or laptop that can cope with trading platforms
  • A Stable and speedy internet connection
  • An online broker
  • A trading plan
  • Some capital

Education is one of the most important commodities when it comes to trading. You need to know what you are doing and how to trade safely.

Brokers often have educational resources that you can access once you open an account. There are also lots of websites and books available to help you understand the process and trade. Check out sites like https://www.thestockdork.com/ for free, detailed educational resources.

A trading plan is essentially your business plan. It should detail what strategies you are going to use and also set your limits.

Capital is what most people are concerned about. How much do they need to invest?

Well, it depends on what market your trading in, what broker you use, and how often you’re going to be trading.

Brokers tend to have a minimum cash deposit. This will vary depending on which broker you use. In some cases, you can invest as little as a few dollars. This is going to take a long time to grow as you don’t have a lot to play with.

The general rule is the more you invest the more you can see in returns.

Some brokers also have a minimum account balance which means that you need to keep a certain amount in your account at all times.

If you’re going to be making four or more day trades a day over a 5 day period from a margin account you will be classed as a pattern day trader.

If you are identified as a PDT you will need to have a minimum of $25, 000 in your account at all times. If you dip below this, you will not be allowed to trade.

Obviously, for a lot of people $25, 000 is simply too much upfront capital.

Risk of trading stocks from home

As with any trading, the main risk of trading online is losing a lot of money. Arguably, the risk is much higher with online trading as it is often marketed in a way that makes it seem deceptively easy. This can lure new traders into taking bigger risks and making big losses.

If you do want to start trading at home, you really need to do your research. Don’t be taken in by low online broker fees and automated stock-picking software. You need to understand the choices you make.

Trading has always been a high-stress career. Whether you’re doing it on the trading floor or in the comfort of your own home, you need to be ready to cope with the stress. You will lose at some point and you need to be able to manage that.

There is an increased risk of mental health problems when trading from home. This is mostly because you are isolated. To mitigate this risk, try to connect with other traders online. Your broker may have some sort of community where you can share ideas and concerns.

Is it viable to do stock trading

If you’re looking at home trading as a get rich quick scheme, then no, it’s not viable. Just because you’re doing it from home, doesn’t mean that it requires no effort. If a broker or website tells you they can make you millions of dollars through trading at the click of a button, stay away. They are selling something and it’s not wealth.

With trading, you reap what you sow. If you’re prepared to put the time and effort into educating yourself, creating a trading plan, and making sensible decisions you can see a good return on your investment.

The trouble with trading is that it is not a consistent income. You might make 3k one day but then lose 4k the next. If you have bills and a mortgage to pay, you may struggle.

Final Thoughts

We can’t predict with certainty what the markets are going to do tomorrow, let alone the next year.

Trading, when done sensibly by a well-informed person, can be a great way to supplement your income but as a primary source of income, it’s a lot more volatile. This is especially true right now when a lot of the markets are seeing big dips and dives thanks to the pandemic.

Our advice is to play cautiously if you are going to start trading. Don’t give up the day job just yet.

Buying a second home - Top factors to consider

By Ashutosh Jha → Saturday, February 6, 2021
Buying a home is another feeling that most of us want to fulfill in their life. Even there are a good number of people who already have a home also plan to buy a second home. This can be due to various reasons like - a vacation home, a place to live their children to live, or a home which is near to the school. There can be various reasons why you may plan to buy a second home.

If you’re also planning to buy a second home then this post is for you where I will talk about how to plan to buy a second home.

If you have not decided the reason to buy a second home, then let me help you here-

Vacation home vs investment property

These two options are completely different and so should be planned well. For example, if you’re considering it as vacation property then you might look for location, appearance, and comfort. While if you’re looking for an investment property then you may look for the best rental income so that your investment gives you a great return.

Now as you know the purpose of buying a second home, it’s time to think about the pros and cons of buying a second home.

Pros and cons of buying a second home

If you’ll search on Google about the opinion of buying a second home, you will find mixed opinions. Many will be talking in favor while others may differ the opinion. Let me talk both here about the pros and cons of buying a second home.

Pros of buying a second home

There can be various reasons why you may be planning to buy a second home and it’s always a good idea to evaluate the options. Let’s look at some of the positive sides of buying a second home.

Vacation spot

If you and your family love the mountains and are tied with the work in the big city then you may think about buying a vacation home. This also applies to the people who want to settle in mountains after retirement. It’s always a good idea to plan the retirement when you are young.

Retirement place

This is the same thing that I discussed above. If you’re tired of the fast-moving life in the big city then buying a second home can also be a good option. Here you can think of buying a home somewhere you want to live to enjoy your retirement. The best thing about this option is, you can buy now when you’re earning and make it a kind of investment. When you plan to retire, you can start living there. This way it can solve your financial goal as well as retirement goal as well.

Diversify your asset

Real estate is also one of the lucrative investment options as well. The home trend to increase in the valuation and so can be a good investment option. So, if you want to look for options apart from a mutual fund, SIP, gold, bank FD, then investing in the home can be a good option. You can later keep it or sell it as per your goal.

Rental income

This is my favorite where you can buy another home for rental income. Although this is a little challenging as you need to keep track of it but is a good option. Even if you buy a vacation home then you can give it on short rent to the travelers or the agencies. One thing you should assess while buying a home for a rental is the location. Make sure the area where you’re buying it has the rental requirements. Maybe that can attract travelers, students, working professionals, etc.

Tax benefits

Usually, the government offers tax benefits on the interest paid to the mortgage loan. And so if you’re in a high bucket tax slab then you can consider buying the home and eventually saving some bucks.

Cons of buying a second home

As every coin has both sides and there is some negative side to buying an additional home as well.

Additional responsibility

Additional home means additional responsibility as well. That means you need to work twice to manage the property as well. If the property is just for vacation then you may need to keep someone to take care of the property as well and that will be added financial burden.

Risk of security and damage

As you won’t be on the second home all the time and so there will be a risk of security always. Also, to save it from any kind of damage you may need to keep secure all the time. For this, you may give to some small property management firm or keep a dedicated security/care-taker. But that will be an added financial responsibility.

4 factors to consider while buying a second home

Here are some of the factors you must consider while buying the home-

Affordability

This is an extremely important factor to consider while buying any home. You should plan your budget, the amount you have, and the mortgage you will be considering. The average home cost in the UK is GBP 231k, as per the government of the UK website. On average the house price has fallen by 1.1% since December 2019 and a rise of 1.3% annually.
 
Below is the quick trend of how the price of a home has changed since January 2007 in the UK. This is a report by Statistica-

And this price heavily changes as per the location in the UK. So, let’s say you’re looking to buy a home of GBP 250k. And you have around 20% to make the down payment and for the rest of it, you will be looking at the mortgage.

Considering this value, the mortgage will be GBP 200k. Let’s use the mortgage calculator and see how much you need to pay monthly on GBP 200k.

You can have a look at my calculation here where I have used the calculator to see how much monthly I need to pay on a mortgage of GBP 200k.

Here I have considered an interest rate of 3.1% and for the duration of 20 years. You can change this according to your condition. See if paying around GBP 1120 per month is feasible for you or not. Considering all these financial conditions you can decide if the home is something that can work for you or not.

Occupancy rule

Depending on the location you’re buying your second home, there may be some rules around the occupancy. For example, on the general thumb of rule, you can rent the property for around 14 days in a month easily. If you’re looking to rent for more, then you need to show this to the IRS book.

Location

Another important factor to consider is the location. The location matters depending on the purpose of the home. For example, if you’re going for a vacation property then you may need more primary space near the mountains to enjoy the reason for the vacation. Similarly, if this is your investment property, you may need near to market along with tourist place to attract maximum rental and more.

While finalizing the location, have a detailed study about it and see if all the necessary stuff like hospitals, shops, markets are nearby or not.

Maintenance

Before buying the home, have a plan on how you’re going to maintain it. Whether you’re going to have a caretaker of the property or giving to some real-estate facility organization to maintain it. Also, have some P&L calculations around it.

Bottom line

This was all about buying a second home where we talked about the pros and cons of buying a second home. Also, we talked about the four most important factors to consider while buying a second home.

What are your thoughts on this?

Digital Signage Software Trends for 2021

By TricksRoad → Wednesday, February 3, 2021
Digital signage software leads the organization to build a strong brand through a way of digital advertising.

Digital signages help in promoting products, services, and information through direct interaction with potential customers.

It can keep the audience engaged and interested in the information displayed on the screens or other communicative media.

In recent years, the power of influencing through digitization is not just limited to advertising and promoting brands. It has moved to another level of creating a sense of enthusiasm among the users through mobile interaction, touch-screen responses, and in collecting & displaying personal information.

Let’s learn about the latest trends in digital signage systems for 2021.

Focus on Interactivity

A personalized user experience draws more attention, which then leads to buyer conversion. Digital signages allow browsing data or requested data with a few quick interactions. Keeping the viewers engaged and making them interact instills good connectivity.

The latest software trends like NFC (near field communication), facial recognition, retina scanning, and touch screens are included in digital signages. This detection technology helps in studying demographic information and also aids in data analysis.

Augmented Artificial Intelligence

With the help of machine-learning applications, artificial intelligence boosts connectivity and responsiveness. It increases the personalization of digital signages. For instance, Google has a piano in its headquarters that plays tunes with the help of artificial intelligence.

AI not just helps in increasing the interactivity power but also learns how to create intelligent data. This helps in learning who the customers are and who can be potential customers. A personal touch in its interaction pushes the interactor in making impulsive purchases.

Error-free Brand Building and Promotion

Digital signage software systems are specifically designed to keep the flow of information intact. While interacting with the audience, the tools make sure there are no technical glitches. If the glitches create a hindrance, the flow of information gets affected, and the audience tends to lose interest in watching the advertisement.

These concerns are not a big deal if there are other supporting devices interacting with the audience and keeping them engaged. This helps in building a brand and imprints it on the minds of the audience.

Size of the Display and Power Supply Matters

Most of the malls, local markets, or parks have a dedicated area for digital signages. For creating an impact on the viewers, these places have an allotment of small and compact digital signages. Whereas, traffic areas and street hoardings are installed with huge signages, to target a broader audience.

All these places and other supplementary spaces of advertisement work on POE (Power-over-ethernet). This is another critical technology in the digital signage period that supplies network-compatible devices with the power to run efficiently. It has led to a considerable elimination of complex power supply issues.

Impactful 3D and 4D Trends

Digital guidance systems have come up with the latest inclusion of 3D technology. The 3D mapping technology is the forerunner in the digital guidance trend. Hospitals, museums, malls, and exhibitions install 3D maps or mall mapping software to guide their customers on their way.

It’s not just fun to operate such digital displays, but it also encourages the audience to interact more. 4D technology provides a real-life experience and is not limited to only movies and animation. Many digital signage companies have incorporated these resources to create a huge impact on its viewers.

The digital signage technology is growing by leaps and bounds by being more responsive and dynamic than ever before.