The Top 7 Car Insurance Factors to Consider

January 12, 2025

Getting car insurance is the first step to take as soon as you buy a car. To get the best coverage, you need to search through car insurance quotes that resonate with your budget. Car insurance is an insurance plan that provides financial cover to the car against damages, third-party liability, and theft.

Look for quotes that are tailored to meet your needs and most likely save you money. You can achieve that by identifying a company that understands your needs and provides important features all under one roof. Those are key considerations before you seal any deal. It’s a daunting task, no doubt, but some bit of research can help you settle on the right company.

How to identify the cheapest car insurance cover

Not all companies are promising to provide you with the cheapest car insurance or a cover offer at friendly prices. Therefore, you shouldn’t rush but take time to do due diligence. All insurers provide attractive policy options, making it hard to figure out the best car auto insurance. Nonetheless, you can follow these steps to separate the chaff from the wheat:

Compare prices with different insurers

Do not focus on big brands only, but also consider local companies with good ratings. Sometimes their policies are better.

If your car market value is low and the vehicle is old, comprehensive &, collision coverage does not make sense.

Demonstrate safety precautions. If your preferred insurer learns of your good driving history, secure parking, and equipped your car with an alarm may prompt them to offer you better rates.

The car you buy determines the type of rate you get. So, reflect on the idea of insurance cost before your car purchase.

Look for packages with discounts and check the final price to see whether they are worth your money.

Understand How Each Insurance Coverage Works

Acquiring some knowledge about how the world of insurance coverage works can be advantageous to you. For instance, learning about various types of cover and what they mean is preparation for unforeseen surprises. Here is a list of various insurance covers that you’ll find:

Comprehensive coverage
Liability insurance
Collision insurance
Uninsured/underinsured motorist protection
Personal injury protection

You only need to buy the auto insurance policies that fit you. If you have a collectible vehicle, you will go for classic car insurance cover, different from coverage for an ordinary car.

Admittedly, the whole process of finding the right insurance for your car can be overwhelming. Fortunately, you can save loads of

Stress and fear by talking to a trusted insurance agent if you are unsure about what would work for you.

The car you drive

The car you drive plays a vital role in your choice of insurance company. If your drive a high-end car that is costly to repair, the insurance will charge you more to cover such instances.

Additionally, driving luxurious and flashy vehicles, there’s a high chance of them getting stolen. This aspect may cause you to part with more money to cover them. Another area insurance company’s check is to review statistics to identify cars with poor safety ratings. They also check their accident ratings to see whether the level of risk.

So, your insurer will check every aspect of your car to determine the right coverage. For instance, if the insurer realizes your car is risky than other models, then you attract a higher premium.

Credit rating

You may wonder what does a credit rating has to do with your car insurance. But insurers have various ways to see whether you are a good fit to become their customer. And your credit rating shows them the history of paying bills.

If you delay paying your premiums in the past, the insurer will charge you more. You may find it hard securing the right insurer if, in the past had car insurance cancellation as a result of payment issues. The payment could even not be related to your car. For instance, if you had a problem clearing your mortgage or other bills, that may signal the insurer you are a risk client.

On the other hand, if your credit rating is clean, the insurer will charge you less. Therefore, ensure your credit rating is

Driving Record

Some insurers may not cover you without checking your driving record. Therefore, if you search for affordable car insurance, make sure you are accident-free and have no traffic tickets. Such may taint good chances of securing your dream insurance cover.

If the insurer learns that you caused a car crash and, as a result, you received a speeding ticket, you automatically attract a high premium. Unless the insurance company is not very strict, which is rare to find in the market, they will most likely decline to offer you a cover.

People with bad driving records have a hard time finding an insurer willing to offer them car insurance. So, the only remedy for risky drivers is to buy a costly non-standard policy.

Exclusions

Exclusions are some of the aspects that are not covered in your car insurance plan. That’s why you should check every detail in the policy documents before committing to purchase car insurance. Many people who assume that process are shocked later when they realize the exclusions during the claim process.

Some of the exclusions that you may encounter are loss acquired when driving under the effect of alcohol, consequential loss, breakdowns, wear and tear.

Ask for a discount

While some ignore this, asking for a discount may save you lots of money. However, some factors determine whether you are qualified for the discount. For instance, if you have a clean driving license, insurance companies may consider giving you a deal.

In case you are yet to decide about the insurance company, if one insurer offers you a discount, mention it to other competitors.

Wrap Up

The factors above may seem like a daunting experience. But after securing the right insurance company, you will be grateful for taking the time to identify all aspects. This may give you a hassle-free experience, especially during the time of car insurance claim settlement.

Go to top

Beyond the Social Sector: Transferring Social Work Skills to Other Industries

January 11, 2025

By Peter Nduwayesu Buturo

Social workers are known for their dedication to providing critical support to individuals and families in need, often navigating challenging situations with compassion, professionalism, and a deep understanding of human behaviour. But what many might not realise is that the skills acquired in social work practice are highly transferable to a wide range of industries outside the traditional social field. As the world of work evolves, the demand for professionals with these competencies is growing across all sectors.

Whether in business, healthcare, education, or technology, the expertise developed through social work is becoming more valued and sought after. These competencies include:

Interpersonal skills: Frontline workers are adept at navigating social situations, both positive and negative. Their ability to understand others’ needs, be compassionate, have patience, and resolve conflicts is extremely important and can enable them to foster positive relationships and drive successful outcomes in any professional environment.
Communication skills: Effective communication is at the heart of social work practice. Social workers deal with and work with people who are often sensitive and vulnerable and face significant challenges, so communicating their intentions clearly is a vital skill that they develop throughout their careers. Public speaking, negotiating, active listening, and effective writing are all desired competencies that social workers can effectively transfer to other fields.
Critical thinking skills: Social workers are also highly skilled at assessing complex situations. To help others solve problems, they rely on their critical thinking skills to analyse situations and make logical decisions. These abilities are directly transferable to a variety of roles, such as project management, customer service, or healthcare administration, where analysing challenges and implementing effective solutions are essential.
Organisational skills: These are a key part of a social worker’s ‘toolbox’. Hand in hand with organisational skills is the ability to plan effectively. As the old saying goes, ‘If you fail to plan, you plan to fail,’ – and in the world of social work, poor planning can cost lives. Setting aside time for administration, making detailed notes, managing schedules, tracking progress, and prioritising tasks are all capabilities that many employers outside social work will be looking for.
Technical skills: Evidencing and keeping records are crucial in social work, as one never knows when that documentation might be needed in the future. Social workers’ proficiency in computer skills such as maintaining a digital database and producing reports and information sheets is valuable in a variety of alternative careers.
Stress management skills: Frontline social workers are constantly required to handle both anticipated and unforeseen crises. Whether it’s navigating a complex family issue, managing an emergency situation, or responding to other unexpected challenges, they are trained to stay calm and think quickly in difficult circumstances. This is an invaluable skill that is transferable to any and every other area of work.

As well as needing to be personable and relatable and have good interpersonal skills, social workers must be able to work under pressure and meet deadlines. They need to be able to cooperate and collaborate with other agencies and must not allow the demands of their work to get on top of them. To do all this effectively and efficiently, social workers should be well organised and plan their work meticulously, they must hone their communication skills and develop resilience.

These skill sets can easily be transferred to alternative careers, including roles such as school counselor or safeguarding lead, policy analyst or political assistant, human resources officer, or life coach. The key to transitioning successfully into these fields lies in recognising the strengths and expertise developed through social work and strategically aligning them with the specific demands of the chosen role.

Technology and workplaces are changing faster than ever before. Continuously expanding and updating one’s skill set is crucial to staying adaptable in the face of these changes. People with transferrable skills are viewed as more flexible, motivated, and forward-thinking by both peers and leaders. Everyone should embrace lifelong learning as it not only fosters a growth mindset but also strengthens the resilience necessary to overcome life’s inevitable challenges and setbacks.

As organisations increasingly prioritise emotional intelligence, problem-solving, and collaboration, social workers are uniquely positioned to bring significant value to a broad range of fields.

Go to top

About the Author

Peter Nduwayesu Buturo is originally from Kampala, Uganda. He lives in Birmingham, England. After obtaining a Bachelor of Science degree in Social Work from Birmingham City University, he embarked upon a career as a social worker and foster carer. In 2020, Peter started his own business and founded Bold Leap, where he provides care and support to children in care within a residential home setting and supported accommodation. He is also the author of “Social Work And Beyond”.

Building a Strong Team: What Every Founder Needs to Know About Hiring and Culture

January 11, 2025

By Roman Gurskiy

How to attract and retain the right people in the team

The strength of a team is one of the best indicators of a company’s future success. It’s not just exceptional skills that make a strong team, but also employee passion, culture fit, and diversity. It’s people who share a vision for growth and take ownership of their roles.

In this article, we’ll cover hiring strategies to build a successful team.

1. Choose Passion Over Skills

Employees with a spark for their jobs overcome challenges easily and find new creative ways to develop the company. That’s why the passion and enthusiasm of the team members are as valuable as their expertise and skills.

During the hiring process, focus on candidates who share your mission. Ask future employees what attracts them to your company and how they can contribute. Those who believe in your vision and strive to be a part of it bring a level of energy to the job that cannot be taught. These team members will remain resilient and committed through difficult times.

You may see how passion fuels work from our portfolio company Unfrozen, known for developing the next chapter of the iconic “Heroes of Might & Magic” series. The studio consists of dedicated fans of the franchise. Denis Fedorov, the company’s CEO, recently announced he had to ban project workers from working weekends and after-hours because they were unstoppable.

2. Prioritize Cultural Fit and Shared Mindset

Skills can be learned, but a strong cultural fit is what really matters for a happy and productive team. Involve employees in the hiring process to ensure new hires align with your company. Having a shared mindset, which includes similar values, shared vision, goals, and approach to work, is crucial for an effective team.

As investors in the gaming industry, we have built our investment team from people who share our love of gaming but also understand finance. The combination of skills and interest in gaming created a close-knit team. Every Monday we would discuss the games we played and share our emotions. This shared passion helped us to become one of the leading investors in the gaming industry worldwide.

3. Build a Superheroes Team

Think of your team as a “Superheroes League,” where each member brings a special ability. The diversity sparks creativity and helps to invent new approaches to problem-solving.

Companies with higher levels of ethnic diversity and female representation are 39% more likely to be financially successful than their less diverse counterparts, says McKinsey & Company’s report.

To build a diverse team, look beyond the usual places for talent. Seek out people with different backgrounds and experiences. Make sure everyone feels welcome during the hiring process, regardless of their background or way of thinking.

4. Invest in Employees’ Growth

One of the most valuable investments a company founder can make is employees’ learning and development.

The 67% of candidates looking for a new job want a company that helps them develop their skills, states a PwC survey.

To attract and retain top talent, encourage participation in workshops and conferences, offer new challenges within the company, and introduce mentoring programs where skilled team members can guide and support their colleagues.

Regular, constructive and honest feedback helps employees feel a part of the company, learn from their mistakes, and stay motivated.

Prioritize learning&development and feedback, and you’ll create a supportive environment for growth.

5. Encourage Accountability and Decision-Making

The employees are more motivated and productive when they feel invested in the company’s success.

Delegation is a great way to build this culture. Give your employees responsibilities and let them make decisions.

Valve, a gaming company, is a case of accountability and decision-making implemented at all levels. They have a flat structure where everyone has a say. Employees are responsible for their work and make decisions without constant approval from senior management.

Employee stock ownership plan (ESOP) also illustrates how to raise employees’ morale and contribution. It’s a company-wide savings plan where employees can become co-owners of a business. It is often used by business owners who want to sell their stock and gradually retire. ESOP provides a smooth transition of ownership without disrupting the company’s operations. With this approach, team members invest in the success of the company both financially and emotionally.

Go to top

About the Author

Roman Gurskiy is the Managing Director at GEM Capital, with over 10 years of experience in investments and finance. He specializes in identifying and driving growth within the games, VR/AR, streaming, and emerging entertainment industries.

Wildfires Devastate Los Angeles: 10 Dead, Thousands Evacuated

January 10, 2025

A series of devastating wildfires erupted across the Los Angeles area this week, fueled by powerful winds and dry conditions. By Thursday night, the fires had claimed at least 10 lives, destroyed thousands of homes, and forced the evacuation of nearly 180,000 people.

The largest, the Palisades Fire, began Tuesday morning in Pacific Palisades, scorching nearly 20,000 acres with only 6% containment. The Eaton Fire, burning north of downtown Los Angeles, has consumed 13,690 acres and remains uncontained, threatening up to 5,000 structures. Other active fires include the Hurst Fire in Sylmar, Lidia Fire near Acton, and Kenneth Fire in Woodland Hills.

The Sunset Fire in Hollywood Hills was contained by Thursday, but destruction remains widespread. Officials estimate insured losses could exceed $20 billion, with total economic damages potentially reaching $50 billion—far surpassing the 2018 Camp Fire.

Evacuations span Malibu, Calabasas, Pasadena, and Sylmar, with shelters at capacity. Winds exceeding 70 mph and drought-like conditions have exacerbated the crisis, prompting ongoing red flag warnings.

“This has been one of the most devastating weeks in Los Angeles’ history,” said Los Angeles Fire Chief Anthony Marrone. “We urge everyone to stay vigilant and prioritize safety as we continue battling these unprecedented blazes.”

Related Readings:

Wildfires Devastate Los Angeles, Claiming Five Lives and Forcing Mass Evacuations

Hard Money Lenders in California: A Real Estate Investment
Tool

COP29 Closes with Controversial $300 Billion Climate Finance Deal

Go to top

UAE Sustainability Week: Gulf Petrostates Must Follow ADNOC’s Strategic Transition From Fossil Fuels

January 10, 2025

By Jose Chaloub

From January 12th to 18th, decision-makers will come together for Abu Dhabi Sustainability Week, a vital intermediary forum for progressive, cross-sector collaboration in the long months between the UN’s annual climate summits.

This year’s Sustainability Week is of the utmost importance, providing a critical opportunity to get back on track after December’s disastrous COP29.

In 2023, world leaders made history at COP28, with 197 countries agreeing to back the landmark UAE Consensus, calling for a global transition away from fossil fuels.

But, in the year that followed, raised hopes spiralled back down to reality. At COP29, delegates from prominent petrostates lobbied to delay the transition agreement and block more ambitious commitments. Iraq and Saudi Arabia teamed up to scupper negotiations, while their Azerbaijani host was busy forging oil deals on the side.

Sympathisers could easily argue that these Gulf nations are acting in the best interest of their economies and thus, their citizens. Currently, oil accounts for around 40% of Saudi GDP and a staggering 75% of fiscal revenues. Similarly, Iraq relies on oil revenues for 85% of its annual budget.

But their problems will not be solved by burying their heads in the sand. Like it or not, the climate crisis has forced the whole world to embark on an unstoppable journey towards a cleaner and greener tomorrow.

Gulf nations are not at fault for their historic use of natural resources to bolster their economies and improve living standards, but, in order to remain competitive in a rapidly changing environment, they must stay ahead of the curve.

The Abu Dhabi National Oil Company (ADNOC), for example, has gained a head start on its closest competitors. In 2023, its ambitious target of achieving net-zero emissions was brought forward to 2045 – five years ahead of most industry players.

Moreover, its bold commitments have been shown not just in words, but in direct action. As of January 2024, the State-owned firm has allocated a whopping $23 billion to decarbonization projects, low-carbon solutions and emerging technologies.

Last October, ADNOC acquired an innovative German chemicals company known as the inventor of modern chemistry. The $16.4 billion deal was a saving grace for the ailing Covestro, funding its pioneering development of sustainable polymers and novel recycling techniques. For ADNOC, the takeover agreement added another string to its bow, strategically diversifying its operations in line with the shifting market.

But it wasn’t done there. Less than two months after Covestro’s acquisition, ADNOC launched its XRG unit with an initial value of $80 billion. XRG will invest in low-carbon energy, green technology and sustainable chemicals from all round the world, with the aim of doubling its asset value within ten years.

This aggressive growth strategy, with its focus on sustainable innovation and diversification, exemplifies ADNOC’s commitment to the delivery of a just transition. Not only is it preserving its own business, it is also skyrocketing the UAE economy, creating jobs and striking the delicate balance between maintaining energy security and navigating the climate crisis.

Meanwhile, its Gulf State competitors are floundering in a sinkhole of their own making – talking the talk, not walking the walk. Saudi Arabia’s Aramco, for example, publicly acknowledges the need for transition in the same breath as its promise to expand its oil and gas business. Similarly, QatarEnergy has doubled down on its production of liquefied natural gas, despite the fracturing illusion of its use as a climate-friendly fuel.

These companies ought to take a leaf from ADNOC’s book. Gulf economies will not be saved by butting heads with the rest of the world, but by joining them in a reasonable, strategic transition that benefits everyone for generations to come.

Go to top

The Unseen Victims of RTO Policies

January 10, 2025

By Dr. Gleb Tsipursky

In the rapidly evolving business landscape, the momentum towards policies mandating a return to the office (RTO) is gaining traction. However, this shift risks overlooking critical segments of the workforce, particularly older employees, individuals with disabilities, and women, whose participation is not only crucial but also vulnerable under such policies. The nuanced repercussions of forced RTO on these groups, illuminated by empirical evidence, call for a deeper examination and advocate for a more inclusive approach to workplace arrangements.

The narrative around the aging workforce is witnessing a significant transformation. The allure of hybrid and remote work options has led retirees to increasingly opt to rejoin the labor market. The International Workplace Group reports that by 2031, more than a quarter of workers in leading economies will be over the age of 55. This demographic shift, underscored by economic necessities, brings to light the pivotal role of flexible working arrangements. A mere third of those over 50 who wish to retire can afford to do so, per a recent report, highlighting the essential nature of remote work in enabling older workers to continue their labor force participation.

The flexibility afforded by remote work has proven essential in efficiently matching job seekers to employers, reducing unemployment, and encouraging those who might have otherwise exited the workforce to remain engaged.

Beyond economic factors, the appeal of hybrid work for older employees encompasses reduced commute times, the ease of caring for aging partners, and more time for personal pursuits. The Oxford Institute of Population Aging emphasizes that such arrangements can significantly benefit this demographic. Yet, the push towards forced RTO policies threatens to disrupt these benefits, potentially sidelining a valuable segment of the workforce. This comes at a time when the retention of older workers is increasingly important, given the global trend of declining birth rates and the impending challenges it poses for the labor market.

The dynamics of the labor market for individuals with disabilities present a compelling case for the critical importance of remote work. According to a study by the Federal Bank of St. Louis, 9.5% of individuals aged 25 to 54 in the United States had a disability in 2022, facing significant employment barriers, lower wages, and higher unemployment rates. Before the pandemic, the labor force participation of workers with disabilities was markedly lower, and their unemployment rates significantly higher, than those without disabilities. The advent of remote work during the pandemic, however, marked a positive shift, narrowing these gaps. For workers with disabilities, labor force participation increased by 6.5 percentage points, while the unemployment rate declined by 4.0 percentage points. Furthermore, the average hourly wage for workers with disabilities grew by 6.3%, compared to a 3.7% increase for those without disabilities, with the wage gap narrowing even more significantly among remote workers.

Women, particularly mothers, have also seen considerable benefits from the shift to remote work. The proportion of mothers with children under five working at least partly from home leaped. This shift has not only facilitated greater participation of women in the workforce but also expanded their involvement in traditionally male-dominated industries, such as construction, where women’s remote work rates soared. The flexibility afforded by remote work has proven essential in efficiently matching job seekers to employers, reducing unemployment, and encouraging those who might have otherwise exited the workforce to remain engaged.

Despite these benefits, the move towards forced RTO policies poses significant risks. For older workers, individuals with disabilities, and women, especially those with young children, the return to traditional office settings can create insurmountable barriers. A survey commissioned by the Fawcett Society and Totaljobs revealed the disproportionate strain on working mothers, with almost twice as many considering leaving their jobs due to the burden of childcare, compared to fathers. The lack of flexibility in working hours and the negative impact on career progression further exacerbate these challenges.

The future of work is not just about where we work, but how we work together to create an inclusive, dynamic, and resilient economy.

The imposition of RTO mandates threatens to unravel the economic and social advancements achieved through remote work. Forcing workers back into traditional office environments not only constrains the talent pool but also diminishes the labor market’s efficiency, with potentially dire consequences for economic growth and innovation.

The evidence is clear: forced RTO policies risk marginalizing significant segments of the workforce, undermining the inclusivity, diversity, and efficiency of the labor market. As we navigate the challenges of a rapidly changing world, it is imperative for business leaders to advocate for policies that recognize the value of all workers and embrace the flexibility that the future of work demands. Only by fostering a more inclusive and adaptable work environment can we ensure a thriving, dynamic workforce capable of meeting the demands of the 21st century.

The call to action is clear. Business leaders, policymakers, and stakeholders must collaborate to craft workplace policies that reflect the diverse needs and contributions of all workforce segments. By doing so, we can harness the full potential of our labor market, drive innovation, and secure economic prosperity for generations to come. The future of work is not just about where we work, but how we work together to create an inclusive, dynamic, and resilient economy.

Go to top

About the Author

Dr. Gleb Tsipursky was named “Office Whisperer” by The New York Times for helping leaders overcome frustrations with hybrid work and Generative AI. He serves as the CEO of the future-of-work consultancy Disaster Avoidance Experts. Dr. Gleb wrote seven best-selling books, and his two most recent ones are Returning to the Office and Leading Hybrid and Remote Teams and ChatGPT for Leaders and Content Creators: Unlocking the Potential of Generative AI. His cutting-edge thought leadership was featured in over 650 articles and 550 interviews in Harvard Business Review, Inc. Magazine, USA Today, CBS News, Fox News, Time, Business Insider, Fortune, The New York Times, and elsewhere. His writing was translated into Chinese, Spanish, Russian, Polish, Korean, French, Vietnamese, German, and other languages. His expertise comes from over 20 years of consulting, coaching, and speaking and training for Fortune 500 companies from Aflac to Xerox. It also comes from over 15 years in academia as a behavioral scientist, with 8 years as a lecturer at UNC-Chapel Hill and 7 years as a professor at Ohio State. A proud Ukrainian American, Dr. Gleb lives in Columbus, Ohio.

Wildfires Devastate Los Angeles, Claiming Five Lives and Forcing Mass Evacuations

January 9, 2025

At least five people have died as fast-moving wildfires rage across the Los Angeles area, forcing the mandatory evacuation of over 100,000 residents. Fueled by dry conditions and powerful winds, five major fires have left communities in chaos, with thousands fleeing their homes.

The latest blaze, the Sunset Fire, erupted in the Hollywood Hills late Tuesday and rapidly consumed 60 acres. Meanwhile, the Palisades Fire has scorched more than 15,800 acres, destroying 1,000 structures and threatening more as firefighters struggle to contain it. The Eaton Fire has exploded to 10,600 acres with no containment, while the Hurst Fire, at 855 acres, is only 10% contained. The Lidia Fire, covering 350 acres, is 40% contained, and the smaller Woodley Fire has been brought under control.

Firefighting efforts have been hampered by low water pressure, out-of-service hydrants, and high winds, though aerial water drops are underway. The situation has also left over 450,000 Southern California residents without electricity.

Emergency officials have urged residents in evacuation zones to leave immediately, warning those near the fires to prepare go-bags and have clear plans for evacuation. “The priority is safety,” said an LAFD spokesperson.

Authorities continue to monitor the situation, with weather conditions expected to remain challenging in the coming days.

Related Readings:

“I’m from the Park Service and I’m Here to Help”: Lessons in Intra- and Inter-Organisational Collaboration from 9/11

Trump’s Energy Pick Chris Wright Champions Fossil Fuels to Fight Poverty, Dismissing Climate Change Threats

COP29 Closes with Controversial $300 Billion Climate Finance Deal

Go to top

How the Rise of AI Will Affect NZ Online Casinos in 2025

January 9, 2025

Artificial intelligence (AI) is transforming industries worldwide, and the online casino sector in New Zealand is no exception. From enhanced gaming experiences to improved customer service and fraud prevention, the integration of AI into online casinos is expected to make a significant impact in 2025.

Smarter Gaming Experiences

AI-powered algorithms are revolutionising the way online casino games are designed and delivered. Game developers are using AI to create more personalised gaming experiences tailored to individual preferences. Players in New Zealand can expect games that adapt to their skill levels, interests, and play styles, offering dynamic challenges and rewards to keep them engaged.

Enhanced Customer Support

Customer service is another area where AI is making waves. AI-driven chatbots can provide instant, 24/7 support to players, answering questions, resolving issues, and even guiding new users through their first gaming experiences. This ensures that New Zealand players can enjoy seamless support without delays, enhancing overall satisfaction.

Fraud Detection and Responsible Gaming

AI’s ability to analyse vast amounts of data in real-time allows online casinos to identify and mitigate fraudulent activities more effectively. For Kiwi players, this means a safer and more secure gaming environment. Additionally, AI tools are being employed to promote responsible gambling by identifying at-risk behaviours and providing timely interventions.

Insights from PlayCasino.co.nz

Terri Radford, a representative of PlayCasino.co.nz, a leading expert in the New Zealand online casino industry, shares unique insights into the AI trend. “AI is poised to elevate the online casino experience in New Zealand by making it more personal, secure, and enjoyable. At PlayCasino.co.nz, we’re not just watching this evolution—we’re actively participating by helping players navigate this dynamic landscape.”

Terri highlights a distinctive feature of PlayCasino.co.nz: their commitment to player education and transparency. “Our site offers comprehensive guides on how AI is shaping online gaming, helping players make informed decisions about where and how they play. We’re also reviewing AI-integrated casinos to ensure they meet the highest standards of fairness and security.”

PlayCasino.co.nz provides Kiwi players with up-to-date reviews, exclusive free no deposit bonuses, Free Spins Casinos, online pokies, mobile casinos and insights tailored specifically for the New Zealand market, making it a trusted resource for navigating the online casino world in the age of AI.

About PlayCasino.co.nz

PlayCasino.co.nz is New Zealand’s premier affiliate site for online casinos, offering trusted reviews, expert advice, and exclusive bonuses for Kiwi players. Dedicated to transparency and player satisfaction, PlayCasino.co.nz helps players make informed choices while enjoying the best that online gaming has to offer. For more information, visit PlayCasino.co.nz.

We also recommend you to try the following casinos:

#	Mobile Casino	Welcome Bonus Package
1	Lucky Dreams Casino	100% Bonus Up To $500 + 100 Free Spins Free
2	Lets Lucky Casino	100% Deposit Bonus Up To $1500 + 200 Free Spins
3	Jackpot City Casino	100% up to NZ$400 Free Welcome Bonus
4	Kiwis Treasure Casino	50 Free Spins for $1 Deposit
5	Grand Rush Casino	$4,000 Free + 40 Spins on 7 Chakras Free Welcome Bonus

Go to top

9 Worthwhile Purchases to Make Winter More Cozy This Year

January 9, 2025

Winter is the perfect time of the year to get cozy indoors. Whether you want to spend long hours curled up next to the fireplace or enjoy a mug of hot cocoa with your loved ones, you can avoid the ice and chill outside. Find the top essentials you need to stay warm and comfortable all winter this year.

Scented Candles

Blocking out the cold is as easy as cranking up the heat and keeping your windows shut. Unfortunately, that may also cause the air sealed inside to become stale or stuffy. Create an inviting vibe with a few candles. Choose fragrances that remind you of the season or the holidays, like sugar cookies or cinnamon. Always practice proper candle safety, such as keeping an eye on burning candles and extinguishing them before you go to bed. If you don’t feel comfortable burning candles, you can use warmers that produce the scent without a flame. When possible, be sure to ventilate the area to allow the scent to disperse.

Comfy Bedding

Bedding doesn’t have to be solely for bed. Sure, you can combine a king-size mattress with the right bedding to create a restful and relaxing environment. Select a chenille blanket or a down comforter, but don’t forget the sheets. Flannel sheets are a great option because they retain heat so well. You might prefer microfiber sheets or even satin sheets for a luxury touch. Add a few pillows to create a spot you’ll love. You can use bedding to make couches and loveseats more comfortable and protect against spills, too.

Heated Blankets

One of the best ways to stay warm is with a heated blanket. Modern blankets have protective features that shut off as you sleep, ensuring you get the warmth you need without burning yourself. If you think heated blankets are antiques your parents or grandparents used, you’re missing out. Some bigger blankets even come with two controls, letting you and your partner adjust the heat based on the temperature each of you likes. Heated throws are perfect for tossing over your lap while you catch up on your favorite streaming shows. Heated blankets combined with adjustable beds can even help you battle back or muscle pain this winter.

Comfortable Pajamas

While you can’t spend as much time at home as you might have as a child, why not make the most of the time you’re indoors with a good pair of pajamas? Embrace your inner kid with a pair that features your favorite cartoon character or something equally quirky, like colorful cows or sushi. Go with flannel to stay as warm as possible. With holiday meals coming up, it may be a good idea to choose a size up from your normal one. That way, you can head off any potential discomfort from overfullness with a bit of extra room.

New Pillows

Transform your living room or family room with a new set of throw pillows. Choose a set that adds a fun touch around the holidays like ones with red and white candy cane stripes or images of reindeer. Add an elegant look with classy throw pillows in shades of silver or gold. Throw pillows work equally well in the bedroom to change the look of your bed. On top of throw pillows, consider better pillows for sleeping like those made from memory foam that mold to the shape of your head.

Air Purifier

While scented candles go a long way toward making your home smell better, an air purifier does even more. As air moves through your home, it passes through the purifier. This device removes toxins and bacteria before releasing clean air. Ones with charcoal filters can also help control the amount of scents floating throughout your home should you use candles or wax warmers. Some models are big enough to purify the air in your whole home, but you’ll also find smaller units that work in a single room. Keep in mind that there are different things to consider when buying an air purifier, such as the type, ENERGY STAR certification, and price.

Slippers

Unless you’re hosting a formal holiday party, you don’t necessarily have to wear shoes inside. Slippers are a much better alternative. They come in so many different styles that you’ll have no problem finding the ultimate pair for you. You might love an oversized pair that looks like your favorite animal or a pair you can slip on and off in seconds. House shoes are similar, except that they look more like ordinary shoes. Some even have a non slip sole that keeps you from slipping and sliding when you head outside to check the mail or grab something out of your car.

New Furniture

Designing the perfect winter oasis helps you create a space you’ll love this season and beyond. Even if a blizzard hits and you can’t leave the house, you won’t mind if you don’t want to leave in the first place. Start with new furniture, whether it’s bedroom furniture sets or a new table. Alternatively, start with a new bed frame in a design and style you love. It’s easy to find matching accent pieces like nightstands and dressers. You can then expand with an area rug, chair, or other decorations.

Electric Tea Kettle

Most households use either electric or gas ranges, which can take a while to heat water up to boiling. Using the microwave is faster, but an electric tea kettle might work even better. Many use inductive technology to transfer heat more effectively. It’s almost like having a dedicated boiling hot water line in your kitchen because it works so fast. Not only is the kettle perfect for making tea and hot cocoa, but it also comes in handy when making instant noodles or oatmeal.

Cozy Up During Winter

This winter, why not escape the cold and icy streets outside and spend more time indoors? You don’t need to spend a lot of money to create a space you’ll love all season, either. Just invest in one or more of these seasonal essentials to change the way you think about winter.

Go to top

Top Reasons to Consider Delaware Statutory Trusts in Your 1031 Exchange

January 8, 2025

No doubt many real estate investors have heard of the 1031 exchange derived from the 1921 approved Section 1031 of the Internal Revenue Code. Afterall, for more than 100 years, investors have been able to defer taxes on capital gains and depreciation recapture at the time a real property investment is sold if the net equity from the sale is reinvested into a similar property of the same or greater value within a specified time frame. This term “like-kind” real estate can be broadly defined to include most types of investment real estate assets as multifamily apartment communities, self storage, multi-tenant retail buildings, and essential net lease distribution facilities.

Still, while many real estate investors know about 1031 exchanges, they are not as familiar with one of the best compliments to the 1031 exchange – the Delaware Statutory Trust.

A Historical Look at the Delaware Statutory Trust

As early as the 16th century, the concept of property being held in trust by one person for the benefit of another was an integral part of the English Common Law. The concept of the “common law” trust has been used by lawyers for centuries to help wealthy people pass ownership of assets from one generation to another with the least amount of taxation and the greatest amount of security. However, common law trusts are often outdated and can create several legal disputes within the trust. So, in 1988, the State of Delaware decided it wanted to create a new statutory trust entity designed to improve the functionality of trusts in structured financial transactions. While several states had adopted statutes recognizing trusts for business purposes, the Delaware Business Trust Act of 1988 was the first to completely rewrite outdated common law trust principles and introduce new provisions that greatly expanded how investors could use a trust entity in modern structured financial transactions. In 2002, the State of Delaware officially changed the name to the Delaware Statutory Trust Act, and two years later the Internal Revenue Service’s Revenue Ruling 2004-86 was passed, allowing DSTs to be used as like-kind real estate for 1031 exchange replacement property purposes.

To get an idea of how popular Delaware Statutory Trust properties are for 1031 exchanges, consider the fact that an estimated more than $5 billion in equity will be invested into DSTs in 2024, a 9% increase from a year ago.

But just what is it about the DST investment structure that appeals to investors? Well, for many professional as well as retail real estate investors, DSTs offer at least four appealing advantages for 1031 exchange investors including the following.

Benefit Number One: Tax Advantages of the Delaware Statutory Trust

First and foremost, DSTs allow investors the ability to defer a whole bunch of taxes that are triggered after an investment piece of real estate is sold following significant appreciation gained over years or even decades. This single aspect can be very appealing to many investors, but especially to those that have owned rentals or commercial properties for years and want to sell but can’t find a suitable property to exchange into and can’t stomach the tax bill they would face. Delaware Statutory Trust properties can be the perfect tax efficient 1031 exchange solution. As stated earlier, DSTs are eligible for 1031 exchanges and therefore eligible for deferring federal gains capital tax, state capital gains tax, depreciation recapture tax, and the Medicare surtax. In many cases, these taxes can add up to as much as 40% of an investment property’s sale proceeds.

Benefit Number Two: DST 1031 properties 100% Passive Real Estate Investments

One of the most attractive aspects of DST 1031 exchange investments to many investors is that they eliminate the challenges associated with active ownership and management. This can be very appealing to investors who are near or at retirement and are tired of the hassles that real estate ownership and active management often bring. They are tired of tenants, toilets, and trash and want to move away from actively managing their real estate.

In DST investments, a DST sponsor creates the DST and has the responsibility of managing the entire business and assets of the trust. These responsibilities can include the following:

Underwriting the real estate
Conducting all the research and review on the property(s)
Arranging the necessary financing – although some DST 1031 investments are debt free with no loans on them
Creating a business plan for the property(s)
Finding a property management team.
Coordinating investor relations and potential monthly distribution checks to investors.

In this way, the Delaware Statutory Trust syndication provides investors a passive ownership structure, allowing them to enjoy retirement, grandkids, travel and leisure.

According to Dwight Kay, Founder and CEO of Kay Properties, investors in DSTs also receive the potential for monthly distributions.

“Investors can potentially receive monthly income as well as receive 100 percent of the pro-rata portion of any potential principal pay-down from the loan on the property, thereby potentially building equity. In addition, DST 1031 properties are structured so that the investors in the DST receive 100 percent of their pro-rata portion of the potential net rental income generated by the property’s tenants,” said Kay.

Benefit Number Three: Access to Larger, Institutional Grade Assets

Another attractive element for investors of Delaware Statutory Trust properties for 1031 exchanges is that they provide investors within the trust the opportunity to access large, institutional grade real estate assets that would otherwise potentially be outside of an individual investor’s price point. With a typical investment minimum investment of $100,000, individual investors in a DST can purchase an ownership interest in large industrial distribution centers, multifamily apartment communities, and even multi-tenant retail properties. In this way, the beneficial fractional interest structure of Delaware Statutory Trust 1031 exchanges allows investors to access a level of real estate that they oftentimes would not have been able to buy before.

Benefit Number Four: The Potential to Reduce Risk Through Greater Diversification

Another advantage of the Delaware Statutory Trust structure for 1031 exchange investors is that it increases the ability of investors to invest in multiple properties, thus potentially reducing individual risk. Beyond the ability to allow investors to participate in multiple investment properties, DST syndications also allow investors to invest in multiple asset classes (multifamily, commercial buildings, self-storage, medical facilities, industrial distribution centers, etc.) as well as in multiple geographic locations.

Portfolio optimization and diversification was first recognized by Nobel-Prize winning economist Harry Markowitz, and continues to be one of the most proven economic theories for success today, including its application in Delaware Statutory Trust 1031 exchanges. *It is important to note however that diversification does not guarantee profits or protection against losses and that investors should read each DST offerings Private Placement Memorandum (PPM) paying attention to the risk factors prior to considering a DST investment.

Obviously, as with all forms of real estate investments, there is an underlying level of risk that investors should be aware of including things like economic downturns, vacancies, tenant bankruptcies, etc. Investors should not invest in DST investments or real estate syndications if they are unable to sustain the loss of their invested principal.

About Kay Properties and www.kpi1031.com:

Kay Properties helps investors choose 1031 exchange investments that help them focus on what they truly love in life, whether that be their children, grandkids, travel, hobbies, or other endeavors (NO MORE 3 T’s – Tenants, Toilets and Trash!). We have helped 1031 exchange investors for nearly two decades exchange into over 9,100 – 1031 exchange investments. Please visit www.kpi1031.com for access to our team’s experience, educational library and our full 1031 exchange investment menu.

This material is not tax or legal advice. Please consult your CPA/attorney for guidance. Past performance does not guarantee or indicate the likelihood of future results. Diversification does not guarantee returns and does not protect against loss. Potential cash flow, potential returns and potential appreciation are not guaranteed. There is a risk of loss of the entire investment principal. Please read the Private Placement Memorandum (PPM) for the offerings business plan and risk factors before investing. Securities offered through FNEX Capital LLC member FINRA, SIPC.

Go to top

1...114115116...1,129 Page 115 of 1,129

FOLLOW US!

EDITOR'S PICK OF THE WEEK

CFO's new mandate. CFO explaining the presentation

The Performance and Transformation Orchestrator: The CFO’s New Mandate in the Age of AI

Anglea 0

By Terence Tse CFOs are evolving into AI-driven transformation orchestrators, balancing finance, technology, and strategy while upskilling teams, managing risks, and driving measurable business value. A key insight from this year’s AI for CFOs event, organized...