Money. Wealth. Funds. Assets. Capital. Finances. All these words refer to the same thing, right? Right, and wrong. Depending on the context in which we use these words, their meanings change. In a broad sense, they all can be used interchangeably. But in the context of investment services and wealth management, we must understand their exact interpretations.
While both investment advisors and wealth managers work in the same field of handling money, and the main purpose of both is to grow and multiply income and maximize profitability for their customers, there are a few differences too.
Investment advisors advise clients on the type, timing, and mode of making investments, and may try to sell specific products, but the eventual decision whether to act on the advice rests with the client, without whose permission the investment advisor cannot operate. To provide valuable suggestions to help increase income is his duty. Analyzing available funds, considering the level of risk a client can bear, evaluating market conditions, identifying prospective investment options and projecting anticipated returns is the task of investment advisors.
A wealth manager, on the other hand, is given more power to use the client’s assets in their custody to increase their value, based solely on the client’s long term financial goals and needs. In fact, it is the responsibility of wealth managers to ensure that there are positive returns on the wealth managed by him. Wealth managers’ functions encompass all that investment advisors do, and in addition to that, they also handle accounting and tax outlining and preparation, asset allocation, affecting financial plans for retirement life and, managing the estates of their clients after their passing. Their relationship with the clients is a continuing and long standing one. Wealth managers have a fiduciary responsibility to their customers and must always act in the interest of the client before his own.
Whoever you hire to help with your investments, whether it is an investment advisor or a wealth manager, it is important first to make a decision.
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What to look for in a studio apartment
Read moreStudio apartments are different in many ways, when you compare them with other types of properties. One of the main advantages of taking up a studio apartment is that they are cheap. Thus, looking for a roommate just to save rent is not the first thing that will come to your mind, before moving in.
You would think after living in a one bedroom or with your parents in the suburbs, before graduating school, adjusting into a studio apartment will be a major task. But it is not that difficult as it looks, in fact moving into a studio apartment which suits your needs and for that purpose meets your budget is not such a big transition after all.
Here are some of the reason why you should prefer a studio apartment, over a one bedroom.
Space: Compared to decent one bedroom apartments, studios will have a lot more vertical space which can be a bit confusing at first to adjust to. But you can use most of this space to create shelves and cabinets, utilizing the height instead. Granted there will be limited horizontal space, but it won’t make much of a difference if you can get used to the fact that you might have a larger than normal ceiling limit which actually sound kind of cool.
Downsizing: When you are transitioning from a big space to a studio apartment, you might find it tricky to adjust all the extra stuff. The solution is to pile most of the things into the newly closet space designed to make the most of the ceiling height. This will ensure you don’t make the small studio look cluttered and cramped beyond comfort.
Look for the essentials: Moving into a studio apartment doesn’t necessarily mean that you give up your stove and cooking appliances, just because space is an issue. Look for an apartment which can still fit the essentials like a gas stove, cooking countertops, even a dishwasher for that matter. It all depends on the design of the apartment and the fact that how smartly can you use the space to make most of the layout as is.
All the above points will help you to look for a studio apartment which still feels like a one bedroom. The main point is you should not under any circumstance compromise on the living space, after everything is said and done.
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Things to consider when choosing blenders and blender parts
Read moreYou must have a brief understanding of blender parts before purchasing the right blender. While power consumption and capacity vary over a wide range of blenders available, several other factors should be considered while picking a blender from the pool of potential options. Here are some parameters which will help you choose the best from the sea of blender options.
Capacity
Like any other equipment, blenders and blender parts vary in capacity. This home appliance ranges from small-size to big ones that can produce several liters of blend in a single go. Blenders with different capacities also vary in the size of blender parts. Check your requirement before picking up a blender of a specific capacity.Blade
Another thing that you need to consider in all your potential blender options is the availability of blender parts. Although blender parts like blades are available in a range of materials, these are often made of stainless steel. Blades made of stainless steel are apt to blend a wide range of food items. These can be used for preparing various blends of smoothies and crushed ice. Additionally, blender blades must be strong and big enough to resist and withstand the pressure generated during the blending process.Extra features
Always look for additional features like speed, patterns of blending when purchasing a blender. The panel for controlling these options is most often found at the base of the blender. Some exquisite blenders come with additional blender parts to perform other functions like grinding, chopping and, mixing.Blender base
Another important factor that you need to consider is the blender base. This part can be made of a variety of materials, ranging from plastic to metal. Contemporary blenders come with an intuitive LED display. You can control the speed of the blender using the control panel given at the base.Power
Apart from the quality of blender parts, another important parameter which is required by the blender is power. Blenders come in different ranges of power, ranging from 350 Watts to 600 Watts. Typically, a blender of 500 Watts can perform all types of blending operations.Follow these tips while choosing the blenders and blender parts to find the product most suitable for your use.