Is it good idea to buy Gold

Gold has great role to play in the economies of many nations. However it is no longer a primary form of currency, gold is still a solid, long-term investment and may be a valuable part of portfolio, particularly in a bear market.

Gold was considered a universal currency for hundreds of years. Gold standard was used as far back as the Byzantine Empire over 1,500 years ago because of its recognized value worldwide. Until recently, in fact, gold was used as the world reserve currency.

In 1944, upon the signing of the Bretton Woods Agreement, the dollar replaced gold as the world reserve currency. But even after this agreement, gold continued to be used to back up various countries’ domestic currencies. However, in 1971, Richard Nixon removed the gold standard in the U.S. and other countries soon followed.

Why we should buy gold

1. Gold is highly liquid Investment. It can be converted in cash anywhere in the world.

2. Gold preserves its value over the period of time. Intrinsic value of gold does not change during great economic recession.

3. Gold has shown positive results even during the economic downturn and market volatility. It serves as the best hedge against inflation. Gold has seen strong asset appreciation in long-term and emerged as best investment option in economic recession.

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Top Tourist Destination in USA

10. White House in Washington D.C.

wikipedia/Wikipedia

The White House in Washington DC is the official residence and office of the President of the United States. It was built between 1792 and 1800 and first used by President John Adams. After the 9/11 attacks it has become more difficult to visit the White House and today tours are available only for groups of 10 or more and must be requested up to six months in advance through your member of Congress or your country’s US Ambassador.

9. Denali National Park 

flickr/Denali NPS

The Denali National Park and Preserve is located in Interior Alaska and contains Mount McKinley, the highest mountain in North America. The word “Denali” means “the high one” in the native Athabaskan language and refers to Mount McKinley. In addition, the park protects an incredible wilderness area that contains grizzly bears, caribou, moose, wolves, and numerous other creatures.

8. Las Vegas Strip

flickr/Thomas Hawk

The gambling mecca of the world, Las Vegas is situated in the midst of the southern Nevada desert landscape. Casinos can be found throughout Las Vegas, but the strip, a stretch of Las Vegas Boulevard South, contains the most of them. It features giant mega-casino hotels, decorated with lavish care and attention to detail to create a fantasy-like atmosphere. The casinos often have names and themes that evoke romance, mystery, and far-away destination.

7. Florida Keys

flickr/Wonderful_World

The Florida Keys are a 120 mile long chain of tropical islands curving around the base of the Florida peninsula, connected to the mainland by a series of bridges. The most spectacular bridge, the Seven Mile Bridge in the Lower Keys, has been frequently used as a location for films including True Lies and Fast 2 Furious. US Highway 1, the “Overseas Highway” runs from Key Largo, Islamadora, Marathon, Lower Keys and finally to Key West, the most distant and most famous island.

6. Kilauea

flickr/Birchster

Kilauea is the most recent of a series of volcanoes that have created the Hawaiian Archipelago. It is a very low, flat shield volcano, vastly different in profile from the high, sharply sloping peaks of stratovolcanoes. Kilauea is one of the most active volcano on the Earth, an invaluable resource for volcanologists. Thirty-three eruptions have taken place since 1952, not including the current eruption which started on January 3, 1983 and is still ongoing.

5. Niagara Falls

Situated between the state of New York and the province of Ontario, Niagara Falls is one of the most spectacular natural wonders on the North American continent. Niagara Falls is actually three different falls, the American Falls, Bridal Veil Falls and Horseshoe Falls. Horseshoe Falls is located on the Canadian side while the other are located in New York. With more than 14 million visitors each year it is one of the most visited tourist attraction in the world.

4. Golden Gate Bridge in San Francisco

The Golden Gate Bridge is a suspension bridge spanning the Golden Gate, the strait between San Francisco and Marin County to the north. The Golden Gate Bridge was the longest suspension bridge span in the world when it was completed in 1937, and has become an internationally recognized symbol of San Francisco and California. The famous red-orange color of the bridge was specifically chosen to make the bridge more easily visible through the thick fog that frequently shrouds the bridge.

3. Yellowstone

flickr/Jim Trodel

Yellowstone National Park was the world’s first national park, set aside in 1872 to preserve the vast number of geysers, hot springs, and other thermal areas, as well as to protect the incredible wildlife and rugged beauty of the area. Yellowstone lies on top of a gigantic hotspot where light, hot, molten mantle rock rises towards the surface. Subsequently, the park contains half of all the world’s known geothermal features, with more than 10,000 examples of geysers and hot springs. In addition, black bears, grizzly bears, deer, elk, bison and wolves can all be found within the park borders.

Read More: Top Attractions in Yellowstone

2. Manhattan

flickr/nosha

Manhattan is one of New York’s five boroughs and is what people most often think of when they picture New York City. It’s familiar skyline and sights have been featured a thousand times on screen. Walk in the shadow of the skyscrapers, picture the Statue of Liberty, see a Broadway show , climb the Empire State building, stroll Central Park, window shop on 5th Avenue or stagger around a museum.

1. Grand Canyon

Grand Canyon is 

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1. How to make money in Stock Market

2. How to invest through Mutual Fund

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Eligibility requirement for international student to be CPA in USA

The CPA exam application process for non-citizens or people who live outside the United States is complicated

Education Requirements
The minimum educational requirement to sit for the CPA exam is generally a four-year degree (120 credit hours) from an accredited University. In addition to the 120 credit hour minimum, candidates must take a required amount of accounting, business law, finance, taxation, and auditing classes for most jurisdictions.

Some states require 150 University semester hours before you can sit for the CPA exam. Most states also require 150 credit hours to obtain a license after the exam has been successfully completed.

If you attended a college or University outside of the United States, you will have to check to see if your educational institute is accredited and recognized by the AICPA. If it isn’t, you will not be able to take the CPA exam. NASBA has created a resource to help identify approved educational institutes.

No Residency or Citizenship Requirements

Some states do not require that you be a resident of the state or a U.S. citizen to earn a CPA certificate in that state. The following states do not have residency requirements.

• Alaska
• California
• Colorado
• Connecticut
• Delaware
• Florida
• Georgia
• Hawaii
• Illinois
• Kentucky
• Maine
• Maryland
• Massachusetts
• Montana
• Nevada
• New Hampshire
• New Jersey
• New York
• Oregon
• South Carolina
• South Dakota
• Texas
• Utah
• Virginia
• Washington
• Wisconsin

No Experience Requirements

Most states require some type of experience before you are issued a license. There are some states, however, that will grant a CPA certificate with no experience. These states often require evidence of experience before a permit to practice is issued, however. If you just want a U.S. CPA certificate for your resume, you might investigate the current requirements of these states:

• Alabama
• District of Columbia
• Florida
• Guam
• Illinois
• Iowa
• Kansas
• Louisiana
• Maryland
• Minnesota
• Mississippi
• Missouri
• Montana
• Nebraska
• North Dakota
• Oklahoma
• Puerto Rico
• South Dakota
• Virginia
• Washington
• West Virginia
• Wyoming

Less Than 150 Credit Hour States

Most states have adopted a 150 University credit hour educational requirement to obtain a CPA license. A few states, however, only require a four-year university degree. Here’s a list of states that don’t currently require 150 credit hours to be issued a license:

• California
• Colorado
• Delaware
• New Hampshire
• Vermont
• Virgin Islands

The International Application Process for the Uniform CPA Exam

The application for international candidates is very similar to domestic candidates. The only real difference is in the educational requirements. Most US Colleges and Universities are accredited and approved by NASBA and the AICPA. Thus, US candidates don’t tend to have problems with their education requirements. Before you apply, check the NASBA site to make sure you institution is recognized. After that is out of the way, your application process should be pretty easy.

1) Contact the appropriate board of accountancy to obtain an application.

2) Send in your application including the required recommendation letters, transcripts, photographs, and other documents. You should request your application several months in advance. Keep a copy of your completed application, and send your application by certified mail (return receipt requested).

3) Use your ATT to obtain a NTS

4) Use your NTS to schedule your exam.

State boards are constantly changing their CPA exam requirements, so make sure to contact the state you plan to sit in before sending in your application.

Once you have passed the exam in one state you can transfer to another state if need be. You will have to meet the education and experience requirements of the new state, but normally you are given credit for having already passed the CPA exam.

Once you’ve decided where you want to take the exam, don’t sit around. Start studying right away! The last thing you want to happen is to re-take one of these exams after this lengthy application process.

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How Investors can gain from Stock Split

What is Stock Split?

A stock split is a corporate action in which a company divides its existing shares into multiple shares to boost the liquidity of the shares.

What are objectives behind stock split?

Stock split is undertaken to infuse liquidity and to make shares affordable for small investors who could not buy the shares of that company earlier due to high prices of share.

Does it dilute Value?

No. The underlying value of each share and the total market capitalization remain the same in spite of the number of shares increases. Unlike an issuance of new shares where the total number of shares and the total market capitalization also increase, thereby reducing an existing shareholder's value, a stock split does not dilute existing shareholders value. The ownership of existing shareholder does not get affected due to stock split.

Why do Companies opt for Stock Split?

Sometimes the price of a company's shares rise so much that it may discourage investors from buying them. So, the company decides to reduce the cost per share by way of a stock split. This also helps in increasing its overall liquidity as new investors may show interest in buying shares. 

How does it benefit investors? 

A stockholder will get two or three shares for one share without any additional cost, making it easier to carry out trades. Also, stock splits can be a best way for retail investors to accumulate a higher number of shares of blue-chip companies which are more expensive. 

Waht is effect of stock split on Share price?

When a stock split takes place, the share price of the stock is adjusted by the inverse of the split ratio. If the share price was $80 before the 2 for 1 split, the stock will start trading at $40 per share after the completion of stock split. The purpose behind a stock split is to bring the share price down to a range where the board of directors believes it will be more attractive to investors.Stock splits are viewed as a positive event and an investor who buys before the split may see a stock price increase after the split due to more investors buying the stock.

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Why would company buyback its own share

Buyback of Shares happens when a company purchases and retires some of its existing shares. Buy Shares can not be reissued in the market. This can be a great thing for shareholders because after the share buyback, they will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings.

What happens to share price after buyback?

A buyback  is mean to reduces the number of shares in a company held by the public. In the short term, the stock price may rise by reason of shareholders who know that a buyback will immediately boost earnings per share. Over the long term, a buyback may or may not be beneficial to shareholders.

How will a share repurchase affect the value of the company?

On the balance sheet, a share repurchase will reduce the company's cash holdings, and consequently its total assets base, by the amount of the cash expended in the buyback. The buyback will simultaneously also shrink shareholders' equity on the liabilities side by the same amount. Therefore underlying value of share does not get affected.

Is buyback of shares good?

The theory behind share buybacks is that they reduce the number of shares available in the market and – all things being equal – thus increase EPS on the remaining shares, benefiting shareholders. ... The shareholder believes that stock is undervalued and a good buy at the current market price.

How will shareholders benefit from buyback of shares?

Stock repurchasing can allows companies to reinvest in themselves by reducing the number of existing shares in the market. ... From a financial perspective, buybacks benefit investors by improving shareholder value, increasing share prices, and creating tax beneficial opportunities.

What is objective behind buyback of shares?

1. Through buyback, company increase promoters holdings, as a percentage of total outstanding shares, without additional investment.
2. Company wants to change the capital structure.
3. Management thinks that Company’s stock are available at bargain rate.
4. Company have huge cash reserve and wants to return the excess cash to the share holders, in the absence of appropriate investment opportunities.

What are method of buyback of shares? 

Companies generally buy back share by the tender method or open market purchase method. Under tender method, the companies offer to buy back shares at a specific price during a species period. Under the open market purchase method, a company buys shares from the secondary market over a period of one year subject to maximum price fixed by the management.

Be the early bird to embrace opportunities available in buyback offer

Conclusion

Share repurchases are a great way for a company to create value for its shareholders, especially if the company has excess cash and little growth prospects, but only if they purchase their shares at a price below intrinsic value.

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