Category: Finance

The ascent of a high value trader : David Jaffee: Who is David Jaffee? A former Investment Banker, stock trading and financial employment author, public speaker and founder of BestStockStrategy.com, David Jaffee is one of today’s success stories.

The stock market has experienced unprecedented levels of volatility recently. While the market plunged ~36% in just 33 days, the speed and magnitude of the decline was historical – with daily volatility more than 10x higher in the 2020 sell off than in 2008. A very good stock market coach is very important if you want to navigate safely through periods of high volatility. With other 1,000 students, many people consider https://beststockstrategy.com/ and David Jaffee the best options trading coach available.

Many students were coached by David Jaffee, with excellent results. Mr. Jaffeee helps his students be consistently profitable and improve their lives by learning how to sell options and collect option premium.

Here is what one of his students said : “David was awesome. Very intelligent and diligent. I learned a lot about investing from him. Love his strategy and investment philosophy. I am using it every day. Smart guy. Highly recommended. 5 stars overall.”

We don’t live in a perfect world, and there’s never going to be a perfect time – but there are always people out there in need of help. Whether interest rates are rising, the economy is in a recession, or even if you’re experiencing financial difficulties of your own, the reality is that when you donate your money, you help others who need it.

This year David Jaffee has donated $100,000 to local Miami charities. With a reported net worth of over $60 million, Jaffee is known to donate to numerous charitable causes.

When contacted to discuss his philanthropic endeavors, Mr. Jaffee said, “I’ve been very fortunate in life and want to pay it forward.”

With an unemployment rate that could hit 32% (with close to 50 million unemployed), David Jaffee has donated money to a variety of local charities that will help provide food, shelter and safety equipment to those in need.

When you donate money to charity, you generate opportunities to meet new people and provide opportunities that weren’t originally there. By making a real impact, you infuse your everyday life with more meaning. Sometimes the simple act of donating time or money can change the course of someone’s life.

David Jaffee is trying to help the ones in need, so why not follow his example?

How a small business can decrease expenses? Reducing business costs also relies on budgeting wisely. You won’t be able to make smart financial decisions if you don’t have a clear idea of how much money is coming in and out every month. Implementing a budget provides you with a daily view of business expenses. With BudgetBakers, you can see spending in real-time, spot spending habits, set achievable goals, and more. Additionally, review your insurance policies and financial accounts to help reduce business expenses: Compare insurance providers for the best deal and ask your current provider to match that rate.

It’s 20 times harder to gain a new customer than it is to keep an existing one. Evaluate your customer journey. Are customers being treated professionally throughout the journey? Examine everything from the sales process to billing to support to customer service. Is the level of service hiqh-quality for every department? We’re living in an unprecedented time in which nothing is as simple as it was just a few months ago. Because of lockdowns around the globe, some companies are finding times much tighter than ever, and that can put an onus on those in positions of power to make savings across the business to ensure that it’s financially secure.

Let’s face it, there’s fluff in every company – “fluff” being all those enjoyable but unnecessary expenditures. When money is plentiful, we don’t notice the extra costs. But when something takes a bite out of our profits, then they stand out. Find the person who monitors the expenses, and set them on a mission to rid the business of anything that doesn’t bring in business or increase profitability. – Rhett Kniep, Centurion 7 Business Advisors Second only to wages, real estate leases and rents are one of the biggest line items for most businesses. Look for ways to consolidate locations, shift to co-working spaces, or adopt a permanent work from home model. The key is leaders who inspire trust, empathy and connection, plus the technology to make it all work. – Benjamin Elzweig, Active Staffing Services

In the past, most software was private, but in recent years there has been an explosion of free, open source software. Open source software is free software that can be used by individuals or businesses, and it is a great option for small companies with a tight budget. Sure, the software normally isn’t as efficient as private software, and sometimes, there is no client support, so if you have an issue, you will have to resolve it yourself. However, the software works well, and it can be used in a variety of ways. For instance, you can download open source web design software, or you can use video chat software to stay in touch with remote workers. Read more information on Reduce business costs.

Another way of saving money is to opt for a multi-line phone system for your small business. With the help of this system, you can use one phone to host more than one phone number. This makes it easier for you to make calls for your business. You can also make calls from your desired number by setting up a shortcut dial for it. This system is also pretty simple to install and does not cost a lot of money. Big businesses use a PBX system for these purposes, but a small business might not be able to afford it. A multi-line phone system is hosted by a cloud system and is reliable as well. That is why it is highly recommended that one should consider getting multi line phone systems for small business.

Suponic Global or how to get real money playing games? Plug in for Gaming cryptos and digital asset trading platform available to 3rd parties. We provide innovative blockchain and crypto solutions to from large-scale games companies, small to medium size game studios and even to solo games. We provide solutions to create game platforms and trading platforms for game “points” for real money. Suponic global aims to provide profitable experience in E-sports industry by providing a decentralized and trustful environment powered by blockchain.

Considered as potential pyramid risks in MLM	Suponic Global blockchain platform
1. Products which have “no real world” marketplace.	1. Products have real world marketplace. Gaming industry is a $200 BN Industry.
2. Products which are sold at inflated prices.	2. SUPONIC GLOBAL is sold below industry market average.
3. Mandatory purchases of company product.	3. Games are free to play. Credits begin at $1.00
4. Plans which result in inventory loading distributors.	4. Games are purely digital. There is no inventory loading distributors involved.
5. Substantial cash investment requirements.	5. The lowest entry is $100 USD.
6. Mandatory purchases of peripheral or accessory products or services.	6. There is no mandatory purchase of peripheral or accessory products or services.
7. Plans in which company products are totally or substantially consumed only by distributors.	7. Distributor consumption is less than 5%
8. Plans in which distributors are left with substantial unsold inventory upon cancellation of participation.	8. Unused game credits can be sold on a public cryptocurrency exchange, based on natural supply and demand.
9. Plans in which distributors purchase products in order to further the marketing plan rather than out of genuine desire and need for the product.	9. Our technology and platform solution is already complete. Games are genuinely entertaining with existence of gamers playing up to 6 hours per day. Existing game publishing roadmaps are not impacted by marketers.
10. Plans which would fail without purchases by participants.	10. Company has been generating solid revenues long before distribution network was created. The gaming platform, games, coin, wallet, blockchain technology, exchange were all complete well before engagement of distributors.
11. Plans which make no effort to emphasize retail sales to the ultimate nonparticipant consumer.	11. Company has been engaging in retail sales long before Suponic Global was put together.
12. Plans which require no meaningful participation by distributors after becoming a distributor.	12. Every distributor is required to play games at least once daily to contribute to the concurrent user base and add to exchange liquidity pool, which is vital to the operation. A minimal concurrent userbase is critical to game publishing hence distributor’s daily participation is crucial to the operation.
13. Plans in which fees are paid to distributors for headhunting.	13. No payment is made for headhunting.
14. Plans in which commissions are not based on actual retail product sales.	14. Commissions are purely based on actual retail sales, in form of revenue share.
15. Plans in which emphasis is on recruitment rather than sale of product.	15. Millions of dollars were spent creating tools for retail user acquisition. 95% of the revenue is expected to come from sale of product.
16. Plans which contain elements of a lottery rewarding participants based on chance rather than on bona fide sales efforts.	16. Suponic Global Game credit relies 100% on skills and hard work. Participants are rewarded purely based on revenue share and direct sales.
17. Earnings misrepresentations or inflated earnings representations.	17. Earnings reported is 100% accurate, and based on sound mathematical models.
18. Promise of high returns	18. No false promise, all products’ price are subject to market supply and demand law and users are educated clearly on this fact.
19. Promise of guaranteed returns	19. No false promise of any guaranteed returns
20. promise of the investments carry little or even no risk	20. we have perfect business model, which is the foundation of success of every business model. Perfect execution of business plan, and adjustment on market reaction also counts, our project also needs our marketers to promote the game together, and engage more player base.
21. pay additional fees or costs to withdraw your profit or money	21. withdraw your money is conducted in our exchange, which is instantly, with no fees, no waiting time.
22. claim absolute safe	22. the coins are on blockchain.
23. claim technology is highly secret	23. Technology uses erc 2.0 (etherium)
24. pressure to buy RIGHT NOW	24. Coin price is based on Supply and demand
25. Participants make money solely by recruiting new participants	25. Participants not only make money by recruiting new participants, but also by retails of game credits packages, and the revenue pool of the company.
26. Promise of sky-high returns in a short period of time for doing nothing other than handing over money and getting others to do the same.	26. No promise of any type of return, investment is purely based on market supply and demand, participants’ purchase of packages are locked for certain period. Participants are needed to play games on daily bases to contribute game concurrent users base, which is essential for success in game industry.
27. No genuine product or service	27. we have perfectly built game platforms, and dozens of games ready to play. We have games already in the market for years. Game credits packages are products, plus, we have tangible products, such as earphones, fashions, etc.
28. buy-in required.	28. There is no buy-in
29. complex commission structure	29. We offer transparent and simple to understand commission structure which can be explained under 5 minutes.
30. emphasis on recruiting.	30. Our distributor to retail gamers are 1:30. Our participants consist of retail Gamers (90%), distributors, investors and video game developers.
31. Encourage you to quit your job, and tell you this opportunity is life-changer, and you even get rich by selling company’s products	31. Most of our participants come in to purchase video game coins, and consider this to be a part time job.
32. Encourage or require you to buy a certain amount of product at regular intervals, even if you already have more inventory than you can use or sell	32. Our products can be traded on exchange, there’s no overstock.
33. they ask you to buy products before you’re eligible to be paid or get certain bonuses.	33. No. But we do request they play at least one game. The cheapest game is 10 cents.
34. you may have to pay repeated fees for other items, like training sessions or expensive marketing materials	34. All our marketing materials are free.
35. company say you can ear lavish rewards, like prizes, bonuses, exotic vacations, and luxury cars. (However, it’s often turns out that you have to meet certain product purchase, recruitment, training. Or other goals to qualify for the rewards, and only a handful of distributors ever qualify.)	35. We host Esport tournaments with prizes including earphones and phones produced by the company. The esports are mostly free entry, and the purpose is to promote a wholesome fun video game designed for hours of fun, and online community participation. There is nothing overly lavish.
36. promoters make extravagant promises about your earning potential	36. all our earning potential is based on market supply and demand law.
37. Promoters emphasize recruiting new distributors as the real way to make money	37. we emphasize recruiting more gamers to build our gamers pool.
38. promoters play on your emotions or use high-pressure sales tactic, saying you’ll lose the opportunity if you don’t act now, and discouraging you from taking time to study the company	38. we have clear roadmaps and plan, and those are public information, we give no pressure to our participants. We encourage them to take time to study the company, and hold sessions to answer questions related to the company and it’s business plan and products.
39. Training session make earnings claims, tell you the fastest way to make money is to “recruit, recruit, recruit”, or suggest that all you need to do to build a downline is “find two people who find two people”	39. Training sessions of ours are to introduce our company, it’s business plan, and products, and share experiences of how to make the company work well. Besides recruiting people, which is going to end in October 2020, Participants are encouraged to market our games to more gamers.
40. Ask you to buy training or marketing materials. Or pay for seminars on building your business.	41. Our training or marketing materials are offered for free, seminars are provided online and offline for free. We don’t need participants to travel, hence no payments for any hotels and meals.
41. company says things like periodic product purchases or training are optional, but you will become ineligible for bonus or rewards if you opt out of them.	41. All trainings and sessions have no impact on eligibility for any type of bonuses or rewards.

What is Suponic Global? League of Legends could easily create their own generic token, League Coin, and then utilize it for other things in game that people must purchase on market or at a select price to buy standard in game things similar to a stable coin. The market would organically find prices for the NFTs through the laws of supply and demand. This really would not be hard at all. Plenty of people are already spending money for things called riot points, which give you the ability to buy additional skins, new champions, and experience boosts. All the game masters would need to do is turn their in game “points” into a real token. Afterward map out wallets like I mentioned before, and then create an internal exchange.

The gaming industry is now worth more than $10 trillion, and it’s growing year by year. We are able to set standards across the gaming industry, paving the way for a new set of ideas and rules for managing the gaming community by adopting Suponic Protocol. Advantages for game developers. Gamers will be immediately motivated to play the game more seriously, attracting millions of new players trying to earn their fortunes to join the game. Extra skins, new champions and enhance the experience. Gamers who owns SGC or obtained from the games can take their SGC to trade in Exchange. The value created by the SGC is an unprecedented breakthrough in the global game and cryptocurrency industrie. Find extra details on Suponic Global.

Tax services advices from firms? If you don’t have a tax preparer yet, a good way to find one is to ask friends and advisors (such as an attorney you know) for referrals. Be sure that the person you choose has a Preparer Tax Identification Number (PTIN) showing that they are authorized to prepare federal income tax returns. You should also inquire about fees, which are likely to depend on the complexity of your return. Avoid using a firm that intends to take a percentage of your refund. The IRS website has tips for choosing a preparer and a link to the IRS directory of preparers, which you can search according to their credentials and location.

Let’s start with retirement accounts. Employer-based accounts such as 401(k) and 403(b) accounts allow you to lower your taxable income easily. That’s because every dollar you put into these accounts is not taxed until you withdraw the money from your account — and that reduces your tax burden each year you make a contribution. The benefit here is that if you wait until you have retired to withdraw money from your 401(k), your income will be lower because you’ll no longer be drawing a salary. The result? You’ll be in a lower tax bracket, which means that the money you withdraw will be taxed at a much lower rate than it would’ve been if you’d had to pay taxes when you earned it.

Bonus depreciation is an extra benefit for buying assets. The TCJA also increased this tax break from 50% to 100% of cost for assets placed in service from September 27, 2017 through January 1, 2023. Talk to your tax preparer if you’ve purchased any major assets to find out if you qualify. You can deduct up to $25 per person of the cost of gifts given to customers and vendors. An exception exists for those that bear your business name, are distributed as a matter of course, and cost less than $4. Deducting the costs of entertainment is a bit trickier if you show your appreciation by paying for a good time. These costs are no longer deductible unless the event is directly related to your business in some way. Find additional information at here.

Flipping Houses as a Business. If you buy and sell property frequently, the IRS could decide that you are in the business of flipping houses and aren’t just an investor. If so, you’ll have to pay self-employment taxes of up to 15.3% on your profits, in addition to income taxes. Buying and Selling Stuff Can Be Taxable Too. If you scout out bargains at flea markets and then sell the furniture and other finds on eBay (or a similar site), you’ll end up paying income taxes on the profits. If you do that just occasionally, you may not have to report the sale on your tax return. However, if you do it frequently, the IRS will consider you to be in a self-employed business since one of the requirements of owning your own business and claiming the income is if you are engaged in the business activity on a regular basis for a profit.