Attributes that Make a Good Auto Specialist

Your car’s best companion is a good auto specialist. Nobody would want to have a poor auto mechanic, dealing with your automobile. That would be a total disaster. We do not know the importance of a mechanic unless your vehicle stops abruptly in the middle of the road. Your-one-call-away auto specialist should identify and analyze the problem and get your vehicle moving quickly. For some people, auto specialists turn into family friends creating a great rapport.

Every automobile owner needs to have a personal auto specialist to go to. You do not want to get your hands greasy and dirty while heading to an important place.

But before choosing any specialist you need to know and identify a good one. Here are some guidelines to help you.

Client dealing capabilities

 Firstly, a good auto specialist should be able to brief the problem clearly to the customer. They should be capable of answering any questions posed by the owner of the vehicle. People invest a lot of money in an automobile and they would most probably want a good mechanic to deal with their vehicle. Lastly, a specialist with a polite and kind tone is who you will need to have a trouble-free experience. French auto specialists stand out as an excellent example for having good customer service.

Quick analysis 

The automobile owner would not want to have their vehicle taken for service without letting them know about the issue first. An excellent auto specialist will look at your transport and give you a quick overview of the complication swiftly. The parts needed for replacement should be informed prior. He should be skilled to pinpoint other unknown defects and up-gradation of the automobile.

Knowledgeable and skillful

A smart and intelligent auto specialist should be able to work on all branded vehicles from small cars to big trucks. They must possess good workmanship. The person should have good expertise in the recent use of technology and be mindful of the innovative methods because they would not know which vehicle they are going to deal with each day. French auto specialists are a pro in dealing with all models of vehicles. A knack to know about every part of the transport starting from the fuel system to air conditioning is a big advantage. Also, they should be able to work with various tools to make the engine working. Quick restoration of a vehicle is an example of a fine specialist. They should have years of hands-on practice dealing with damaged transport.


Before you give your keys to the auto specialist make sure he is certified. A good specialist will always have certification courses finished ahead. To identify a certified mechanic, observe his away around the vehicle and the terms he uses to describe the failure of the engine effectively. A person with many loyal customers regularly can be trusted. Their originality will be seen in the replacement of the right equipment for the vehicle instead of duplicate products.

Individuals who own transport must keep in mind the qualities of a good auto specialist before letting someone handle your precious vehicle. Your car or truck will thank you later.


The Usual Compliance Obstacles in Mobile Archiving

The Markets in Financial Instruments Directive II, better known as MiFID II, has been implemented for more than a year. However, even with these directives in play, a lot of financial firms are still struggling with the recordkeeping requirements and other tasks that need to be done. Industry research suggests that 40% of financial firms are still non-compliant with MiFID II even though these European firms invested up to 2 billion dollars. This just shows that many of these firms are still subject to regulatory enforcement actions that can include hefty fines and perhaps even suspensions.

So, what are some of the obstacles that these firms have faced for the past year? First of all, some of these firms have had difficulty in finding the right MiFID voice call recording solution. Call conversations between financial professionals and their clients are now required to be recorded in a format that will ensure the audio’s data quality, accuracy, and completeness. It’s a good thing that these firms that do not have a solution can get MiFID voice recording from Telemessage, a solution that can help them comply with this requirement.

Another compliance obstacle that these firms face is the difficulty in maintaining a unified archiving system. The new directive requires firms to monitor and record trade communications for up to seven years. This can be a daunting task, especially when considering the various cross channel communications used by employees today. Texts, phone calls, and emails all use different file formats, which makes them hard to store in one archiving database.

A good suggestion for this will be for firms to look for a solution that will allow them to keep all the archived communications and files in one single storage. To learn more about these obstacles and how to comply with MiFID II, here’s an infographic by Telemessage.


Questions You Should Ask Yourself Before Applying for a LAP

Loan against property

As the name rightly suggests, a loan against property or LAP is a mortgage loan which is pledged against the property of the borrower. LAP can be availed against the residential as well as the commercial property. The other name of LAP is a mortgage loan, and it assists in meeting the financial requirement. Loan against property is of great significance as it helps one in unpredictable circumstances, assists in starting a business, expanding the business and helps in availing new technologies. An individual can take a loan at a certain percentage of their property’s market value without having any limitation on the use of the property. However, the decision to take a loan against the property must not be done in haste and should always be based on proper analysis. In order to decide whether to take a loan against property, an individual must ask these questions to himself:

  1. Can my monthly income afford the loan?

The decision to take a loan against the property must not be based on mere gut instincts; rather individual should take a note of all the minute things because a wrong decision may lead to terrible financial consequences. One of such minute analysis is whether one’s income can afford the loan or not. Individuals must compute their salary from all the sources and should minus the expenses and check if the income is enough to afford a loan. If yes, then he should proceed and if no, there is a need to rethink about taking a loan.

  1. What is the value of the property

Loan against property is provided against the property of an individual. Property can be a residential property or a commercial property. Individual must ascertain the value of the property in the market, which depends on different factors like a market price, location, type etc. It will help him to know the actual loan amount, which can be availed against the property. He should be prepared with all the relevant documents related to the property.

  1. History of the property

Individuals should not only know the current value of the property, but he should be well aware of the past of the property. He should know the person from whom he purchased the property and other such details must be the tip. Banks and the financial institution may ask these question and failing to answer these questions may deter one’s chances of getting a loan approved.

  1. Research

Taking any decision without a proper thought process and analysis most often result in terrible repercussions. Individuals must not randomly opt any for a loan against property instead they should check all the available options with different banks and financial institutions and should compare the factors like rate of interests, processing cost and other important factors. And then should select the one which fits their requirement.

Read More :- Reverse Mortgage Loan

  1. Be smart and cautious

Individuals should always be wary of all the kinds of frauds, and they should not follow any unverified source. They should be careful of the attractive offers as they someone righty said, ‘all that glitters is not gold’. Being careful and smart helps one to be away from becoming a prey of fraud.



Organize Your Trading Through MAM/PAMM

If you don’t want to trade yourself but want to be part of forex trading, then there is a solution for you, a managed account.

A forex managed account is like a “sit back and relax” investing opportunity. An experienced trader will trade on your behalf, and you will eat the fruit of his hard work by funding a certain amount.

In the forex, there are two types of managed accounts; MAM and PAMM.

You should be wondering what the hell are these?

Fear not as in this guide, we are going to talk about MAM and PAMM and how you can organize your trading through them. So, read till the end.

PAMM Account

PAMM or Percentage Allocation Management Module account is a mechanism for equal participation in investment and the distribution of profits and losses between all participants in a managed account, which are investors and a trader managing this account.

How PAMM works?

To give you an illustration of how PAMM works here’s is an example.

Imagine a forex trader who earns 10% profit per month and has a capital of $1,000. Therefore, his gain in the first month will be about $100.

A trader decides to increase working capital and profit margin, and by opening a PAMM, he can attract investors. Three investors (let’s call them Alex, Marie, and Hunnum) decided to invest their capital in this PAMM account, Alex $6,000, Marie $2,000, and Hunnum $1,000, respectively.

Their capital is combined on the PAMM account with the capital of the trader ($1,000) and the total amount at the disposal of the trader is already $1,000 + $6,000 + $2,000 + $1,000 = $10,000. Therefore, the profit for the first month will not be $100, but $1 000.

So, the trader and investors will receive a profit equal to 10% of the deposit, and it is distributed among them proportionally: the trader gets $100, Alex $600, Marie $200, and Hunnum $100. The trader also gets 50% (or whatever is set by the trader) from the earnings of his investors. This is automatically credited to the trader’s account.

In case of a loss, a trader won’t get anything from this.

The results of trading, accruing profits by investors, and rewards to the trader occur at the end of the period called the trading period. The procedure itself is called a rollover.

And that’s how the PAMM account works.

Now let’s move to the MAM account.

MAM Account

MAM (Multi Account Manager) is an analog of PAMM accounts. It is an investment opportunity suitable for significant investments and allowing the trader to open transactions on the accounts of connected investors in the selected proportion.

In a MAM account, the trader can directly manage several sub-accounts at once. The number of connected accounts is not limited, but they must correspond to the trader’s threshold, so an investor with a small amount will not be able to join the MAM provider.

Transactions on a MAM account are opened based on the total amount, but the size of an open order, profit or loss will be distributed among investors’ funds in proportion to their investment.

Orders are executed at the same price for all investors.

Before investing in any of these accounts, try to learn all about these accounts.


Is it Good to Take Advice Before Taking a Loan?

Yes, it is always good to take advice before doing any work. This time, you are going to take a loan so it is very important to take advice from the experts or the mortgage advisory services Singapore. You may not realize the importance of taking advise, but it is relevant and give you new dimensions for the work you are going to start. Suppose if you are going to take a loan and you have not taken advice from anyone, then there are chances that you may get yourself troubled by taking a wrong loan policy. If you want to avert all these things and issues, you must take advice from the experts and professionals involved in this field.

Benefits of Taking Advice

You may not realize but there are many benefits of taking advice, especially when you are going to claim a loan. Here are some of the benefits of taking the advice:

  • If you take the advice of experts before taking the loan, then you will be able to get the best loan policy which will help you in repaying the loan.
  • While taking a loan, the lender may ask you to mortgage anything. You need to take the advice of the expert that what should be apt to mortgage. There are chances that your mortgage something inappropriate and you lose it after some time.
  • Taking advice before going for a loan may help you in choosing the best company for a loan. If you get any bad company for a loan, then you will be highly troubled afterward. Simple advice from any of the experts in this sector may help you from future crises.
  • You are not able to prepare the whole documents for claiming a loan. Surely, you will need someone for the procurement of requisite documents. Mere advice in this regard may help you in arranging the documents correctly. Not only arranging them correctly, but you will also be able to present them nicely in front of the officials.

Many of us are quite able to do anything without the assistance of anyone. But there are some of the works where you need to ask for advice as you can’t do them alone. Taking advice didn’t mean that you know nothing rather it will reflect your good personality and code of conduct. That’s why it is suggested to take advice before taking a loan.


Reopening Bars & Restaurants After COVID 19 – Know the musts!

Ever since the inception of the pandemic, businesses have been closed and people have been advised to self-isolate. Now that it has been over 2 months, countries across the world are easing the restrictions to let the economy fire back up. This doesn’t mean that Covid-19 is gone. It simply means that we will have to learn how to co-exist with the virus.

One of the recent reopenings that have been started is of bars and restaurants. But, is it safe to go now? And, what kind of precautions do the owners and the customers have to take?

For the owners

If you are a restaurant owner who is just reopening their business, there are a few precautionary steps that you need to abide by without fail. Some of them include:

  • Get thermal screen equipment for the employees and the customers like a temperature scanner. Make it mandatory
  • Make wearing masks mandatory for employees and customers
  • Avoid letting anyone who is sick and is showing symptoms of cold and cough or fever
  • Sanitise the entire restaurant now and then, multiple times during the day
  • Focus more on allowing pick-ups and takeaway instead of dining in
  • Station someone outside the restaurant who would check the temperatures before entering

For the customers

If you want to do your part in helping some of the local businesses to get their revenue back up, you must take some precautions too. This will ensure not just your safety but your community’s safety as well. Some of them include:

  • Wear masks when out and about, even if you are using a drive-through to pick up your order
  • Carry alcohol-based hand-sanitizers to sanitise your hand in case you come in contact with a stranger
  • Opt for driveways or pick up instead of sitting and eating out to prevent getting checked by a thermometer or scanner
  • Cooperate with the rules and regulations that have been introduced by the owners
  • Be patient about the order because the restaurants might have reduced workforce and might be taking more precaution to get your order ready

Reopening of restaurants and bars doesn’t mean things are back to normal. You still need to be cautious and practice social distancing and wear masks when outside of your home. You must realise the seriousness of the issue and the condition and take the necessary precautions to enjoy some delicious takeout occasionally. If you can, support local businesses because they’ll need it more at this point.