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6 Ways Your Investments Can Fund Racial Justice

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6 Ways Your Investments Can Fund Racial Justice

Protests against racism have demanded that we take action in our police department and other systems that historically oppressed people with color, including the financial system.

You can also join the protests by donating to organizations fighting for racial injustice or shopping at Black-owned companies.

“What comes after protests is money, and money is what will make change sustainable,” says Tiffany Aliche, a financial educator and founder of The Budgetnista.

These are six ways you can support racial equality with your investment portfolio.

1. Invest in Black-owned businesses and funds that support racial Justice

Kenneth Chavis is a senior wealth manager at LourdMurray and a certified financial planner. He says that investing in stocks of Black-owned businesses can offer two main benefits to investors: diversification as well as the potential for high performance.

Diversification, which means spreading your portfolio among companies from different industries and locations, is crucial to reducing your risk. It also helps you choose companies with different sizes. Chavis points out that small businesses are known for their potential growth. “Keeping in mind the fact that some Black-owned businesses are smaller, there are tons of research that suggests that the probability that a small company will outperform the average big company over long periods of times — or just the broad marketplace — is extremely high.” You’ll need to carefully vet your investment.

There are very few of these stocks that are listed on the public exchanges. It is difficult to weed through stocks and build a portfolio without extensive research. So another option is to use your dollars to invest in mutual funds or exchange-traded funds that will do that work for you. The NACP ETF tracks Morningstar Minority Empowerment Index. It provides exposure to companies that comply with the NAACP guidelines. However, the NAACP does not endorse or sponsor the fund. All net advisory profits from the fund’s management fees are donated to NAACP. There is also a growing number of ESG funds, or funds that are graded using environmental, social and governance criteria.

2. Explore peer-to-peer lending

Peer-to-peer lending companies like SoLo Funds give people who have historically been overlooked by financial institutions and traditional loan programs the ability to access capital. The terms of the loan are set by SoLo borrowers, with no formal approval. Lenders get “appreciation tips” and there are no minimum requirements. You can start with any amount.

Chavis states that peer-to-peer lending is beneficial for asset diversification. P2P loans are not usually correlated with the stock market. He adds that it is a great way to assist disadvantaged communities to access capital for personal or business purposes.

One of the main risks associated with P2P lending is that the borrower might not be able repay the loan. SoLo attempts this by giving every borrower a SoLo score. This acts as a platform-specific credit rating and is based upon your initial registration and how your loans have been handled. Chavis recommends that you diversify the loans you offer. This will help reduce risk.

3. 3.Invest in companies that support racial justice financially

Public companies can be rewarded with your investment dollars if they donate money to support racial equality. Many large corporations have made pledges of money over the years to support anti-racism initiatives. You are supporting companies that put their money where it is needed by investing in them. It is also possible to see if the company has a CSR initiative, which supports local communities.

Aliche also says that spending money is the same as investing money. You might not see a return if your stock is not actually owned by you, but you are putting money into these companies.

She recommends that you review the company’s website, social media and who is on their staff before spending any money. Aliche says it is crucial to spend your money with companies who are aligned.

4. Look into real estate crowdfunding or startups

Although you may not yet be an angel investor, you can still invest in cool startups that aren’t yet publicly traded. Republic lets investors find emerging businesses for as low as $10 and get in on ground floor. The site also lets you filter listed businesses to those with Black founders (as well as to those with female founders and other socially responsible investing criteria).

Buy the Block is a crowdfunding platform that allows you to invest in real property and in some cases the businesses they will house. It’s all about giving people an equity stake in their communities, as well as working to stop gentrification. You can invest on Buy the Block for a minimum of $100 (which is significantly less than most real estate crowdfunding platforms). Many of the projects on Buy the Block are located in historically Black neighborhoods.

You could lose all of your investment in real estate crowdfunding or startups. Do your research before you make any investment.

5. 5. Rethink your bank

Consider a Black-owned bank if your current bank isn’t meeting your needs. A 2019 FDIC study found that minority deposit institutions are more likely to originate mortgage loans for minorities than non MDIs. Some institutions are also designated Community Development Financial Institutions. This means that 60% of their financing activities are geared towards low- and medium-income people.

Aliche says, “I love small, local banks.” “Don’t hesitate to ask about initiatives for the African American community at banks that reinvest in your community. They might have more community-focused initiatives even if they aren’t African American-owned banks.

6. Learn from and collaborate with Black financial professionals

Working with a Black financial advisor not only invests your money back into the community, it helps that advisor continue adding their perspective to the predominantly white space of financial advice. The Association of African American Financial Advisors has a list of Black financial advisors.

Black-owned investment platforms offer financial guidance and can be used to help you invest. Freeman Capital, a Black-owned, -founded investment platform, recognizes the wealth gap and provides everything you need, from automated investing to consultations and CFPs.

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How to Find Clients for Your Logistics Company

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How to Find Clients for Your Logistics Company

If you want to be a successful freight forwarder, it’s necessary to be able to find new clients all the time. Nowadays you can do it with the help of marketing strategies, a powerful website, and engaging social networks.

It’s impossible to imagine a modern business world without an effective logistics system. Enterprises won’t survive without reliable transportation companies. No wonder, nowadays being a freight broker is quite a popular occupation. Yet, there are several peculiarities of this field you should take into account. They are the following:

  • The competition is really tough.

The number of available freight services is steadily increasing. Both freight forwarders and carriers are able to meet the expectations and needs even of the most demanding clients. It’s not enough to buy a couple of trucks or containers to run a successful business.  

  • There are different types of customers.

Unfortunately, many business owners (even when it comes to logistics firms) forget that people are different. They have different tastes, desires, and requirements. If your aim is to grab as many new orders as possible, it’s necessary to be able to please the diverse needs of various clients.  

  • Constant development is a must. 

It’s a good idea to enlarge the number of available freight services. You are to offer such additional options as packaging, labeling, tracking, or loading. If you fail to keep up with the time, you risk losing your orders and, as a result, bankruptcy. The thing is more and more ways to ship cargo from one place to another appears. To get new orders, you are to provide versatile modes of transportation. 

No wonder, it’s not easy to stay afloat. It’s even more complicated to gain new orders. Yet, there are some effective methods you may experience to find new clientele. The first step to take is to create an eye-catching website. Today it’s almost impossible to find a business that doesn’t have its own website. An online platform is a perfect way to inform people from all over the globe about your firm. 

You should not avoid social networks. Although it’s quite a time- and effort-consuming process to create and promote accounts on social media, they are worth it. Many people use LinkedIn to find a reliable freight forwarder.   

Yet, you should keep in mind that all the information you post on your site or accounts, should be clear, accurate, and relevant. It’s not a good idea to try to cheat your potential audience.

The next essential step towards the successful development of your logistics brokerage is learning from your own mistakes. If you fail to fulfill some orders, it’s not the reason to give up. It’s the reason to change your strategy in order to achieve better results.

It’s also a good idea to offer a wider spectrum of services to your targeted audience. The greater part of entrepreneurs prefers to cooperate with forwarders who use innovative technologies and automated software.  

So, thanks to modern technologies, it’s quite possible to stay a successful owner of a logistics company for a long time. Yet, you still have to provide your clients with effective and comprehensive options. It’s of prime importance to meet the needs of versatile groups of clients.

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Who Leads the Blue World City Islamabad?

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Who Leads the Blue World City Islamabad

In Islamabad’s real estate sector, Blue World City Islamabad is regarded as a symbol of trust and innovation. That is something we can confidently declare due to the recent developments and success that Blue World City has continued to demonstrate, proving that it is the best real estate project ever presented.

Blue World City is one of those real estate developments in Islamabad that will bring world standards to the table in terms of amenities. Blue World City is owned and developed by the Blue Group of Companies (BWC). The society’s owner and leader are Saad Nazir, the son of Chaudhry Nazeer, a former Deputy Commissioner of Lahore. 

Project Details

While the RDA has yet to approve the housing society’s NOC, we believe it will be only a matter of time before receiving the document. The importance of the NOC certificate is that it guarantees a consistent supply of amenities that Blue World City Islamabad intends to provide to its residents. Water, electricity, and gas are some of them. The project’s personnel is believed to be working nonstop to ensure that these basic facilities are always available.

Blue World City, a real estate project in Islamabad, is constructing an elaborate and well-connected infrastructure. The roads are wide—40, 60, 80, and even 129 feet wide—and set out precisely so that drivers feel like they are gliding down the road. The project is well-lit throughout.

One of our favorite aspects of the project is that it has underground electrical systems, which eliminates the need for bothersome overhead wires. Such an option will enhance the overall beauty of the project, but it will also reduce the number of instances of broken electrical lines. The gated community’s safety measures are the next key feature.

All entrances to the Islamabad real estate project are closely monitored to protect the residents and their precious belongings. Facial recognition and key cards are being introduced as additional security features, which are not yet common in Pakistan. It is based on the concept of a more customised project.

While many housing projects in Pakistan halt delivering basic facilities, Blue World City Islamabad goes above and beyond to serve its residents with various leisure opportunities. The list includes theme parks, sports complexes, cultural complexes, lakes, an IMAX cinema, an adventure club, a safari zoo, and so on.

If the affordable cost of living in Blue World City in Islamabad weren’t enough to persuade you to invest, then these interesting features would. In addition, the housing project has several resourceful business complexes with stores where you may fill up on anything you require. Apart from the recreational areas described here, Blue World City Islamabad also has places of worship for its residents. These are large facilities where members of all faiths can worship together. In addition, Jamia mosques are constructed across society for the convenience of the people who live there.

The real estate project in Islamabad is also helping to turn the city into a tourism destination. Blue World’s developers plan to build many tourist attractions, including replicas of world-famous landmarks such as the Burj Al Arab and the Blue Mosque in Turkey. Additionally, the housing society is constructing the world’s largest horse mascot.

Conclusion 

Blue World City Islamabad is predicted to become one of the city’s top housing societies in the future, and investors are heavily involved in selling and acquiring plots there. The housing society will produce residences for the country’s low-income citizens, and they will be able to build their own homes for a fraction of the existing real estate market’s high prices. As a result, society is making significant contributions to the economy, helping the needs of the underprivileged, giving a futuristic investment destination for Pakistanis, and developing tourism attractions for people from all across the country. Therefore, Sigma Properties highly suggests that you invest in Blue World City. 

Author Bio

Muhammad Junaid is a senior Analyst and Search Engine Expert. Extensive experience being a lead writer in Taj Residencia. Work for years with local and international enterprises. Also, represent well-known brands in the UAE.

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4 Ways to the Best ITIL Framework

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When it comes to running the best IT business you can, following the ITIL framework is the way to go.

Today, we’re here to help you understand what this framework is, and we’re going to go over a few ways you can use it. Read on to learn everything you need to know, and to start advancing your business today.

What Is ITIL Framework?

So, what is ITIL framework? ITIL stands for Information Technology Infrastructure Library. It defines the organizational structure for a company, and it lays out any necessary skills.

It’s a compilation of 30 books filled with outlines that can help you build your own frame of reference.

1. Change Management

Change management is essentially a balancing act between moving forward and assessing the risks associated with doing so.

The change management process in the ITIL framework is brought about for big, scheduled changes, and also small routine ones. Both are needed to help a company thrive, and knowing how to balance it all is essential.

2. Incident Management

An incident is simply an unplanned interruption in service. This could mean a full stop or a reduction in quality, but the ITIL framework can help you learn to handle it with ease.

These incidents usually affect more than one party in a company, but management focuses on the downtime caused by them.

Whether it’s a faulty laptop or an inability to access a certain application, it’s important to know the effect that can have on an IT business, but also how to minimize the damage it does to the company as a whole.

3. Problem Management

Incident and problem management do actually differ from one another. Accidents are the cause of the incidents — no matter the size.

Problems come from incidents, but they’re also what creates the solution for an ongoing or recurring one. They’re typically identified through reports records, and they help to get to the bottom of any issue at hand.

These typically take longer to resolve than incidents do, but they also come with longer-term solutions that ensure it won’t happen again.

4. Time Management

This one is a given, but it’s going to continuously help you run the best IT business you can.

Time management is all about staying organized and focused on your end goals, and learning about different ways to do that is going to help you a lot in the long run.

It can also help you and your business learn how to manage all of the other principles we just talked about. Running any business like a well-oiled machine is important, and it’s easy to do with a framework.

ITIL Best Practice Framework

Once you have the basic ideas down, it’s time to move to the other principles covered in the ITIL framework. The great thing about these four, however, is that they can be used outside of this reference as well, and you can carry them anywhere you go.

For more on the latest in technology, check out the rest of our website.

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