Employees Beware: Incidents That Could Destroy Your Career and How to Avoid Them

One of the most pressing concerns for employees around the world is job security. Many people around the world work hard and struggle at their jobs to make ends meet, and there usually comes an opportunity when they’re given the chance to upgrade their position. It’s the result of months or years of hard work, loyalty to your company and dedication.

Climbing the corporate ladder is the number one priority for a lot of people. Unfortunately, for as many career-boosting opportunities you get, there’s an equal amount of career-busting pitfalls that you could fall victim to. For example, if your boss hands you an important assignment that is crucial to the success of the business, then you’d better hope that you do a good job or else you might get fired for screwing up such an important task.

To help you prepare for these pitfalls so you can avoid them, here are some points worth considering.

Don’t get too comfortable, always remain vigilant

Don’t get complacent. That’s the number one rule when it comes to managing your career and preventing yourself from slipping off the corporate ladder. Don’t make promises you can’t keep. It doesn’t matter how tough a job is or how little time you have to meet a deadline, you absolutely must not look like an unreliable person.

When our co-workers or friends and family give us a pat on the back for something we did, it’s natural to feel joyous and comfortable in our surroundings. However, the business landscape is always changing and what was a good job yesterday could be the norm today—always strive to improve yourself.

Accidents happen, but don’t let them destroy your career

Everyone is susceptible to an accident. Whether it’s an office chair that breaks and drops you to the ground or a steel beam that drops onto your foot, you’re going to need a personal injury lawyer to help you remedy the damage.

Work-related accidents don’t always force you out of a job. In most cases, there are systems in place to help you find work or keep your job after an accident as long as you fill in a report about what happened and how your business could improve or help the situation.

Manage your savings properly so you can avoid a financial crisis

Whether or not you like the sound of it, the possibility of your company going bust are real. Your secure job and relationship with your employer and co-workers could crumble into nothing once your business collapses due to mismanagement or being pushed out of a competitive market. This is a huge concern for most startups and lesser-known companies that are in a big-brand dominated sector.

Take the fast food industry for example. If you work at a brandless fast food restaurant in a popular area, then it’s only a matter of time until a larger brand buys the location or business and converts it to their franchise. To avoid these situations, make sure you handle your finances properly. Prepare for the day that you lose your job due to factors outside of your control, but pray that it never comes.

Outside-The-Box Ideas For Getting That Home You’ve Always Wanted

Getting the home you’ve always wanted requires a lot of work. Just searching around online and in estate agents for what you want can take a lot of time in itself, let alone the time it takes to earn money to pay for it. Here, we’re going to look at what you should do to get the home you’ve always wanted. Check out these tips.

Get Your Financial House In Order

These days it’s a lot tougher to get a mortgage, thanks to new restriction on banks following the financial crisis. The result of all these changes is that mortgage affordability tests are now a lot harder to pass and American home ownership levels have fallen significantly from their peak in 2006.

The first thing to do is to collect up all the documents you’ll need to make your mortgage application and submitting them in advance. You’ll need things like past pay slips, bank statements and employer records of employment, as well as details about any outstanding debts.

Look Into Alternatives

When you imagine the home you’ve always wanted, what do you see? Do you see a big house, made from bricks in a beautiful suburb somewhere on the edge of town? If you do, then you could be short-changing yourself.

But there is an alternative that offers far better value for money than that idyllic vision. Mobile homes for sale these days often come with far more modern amenities than traditional houses, plus they’re safer and better built. What’s more, you can do things like specifying the number of bedrooms you want, adding more without significantly increasing the overall cost. This is especially good for people who are planning a family. They’re damp resistant, have an ample floor space, and are often situated in areas that have far more community vibe – perfect for people bringing up kids.

Get Serious About Your Negotiating Skills

The market for homes can sometimes be competitive, not only on the seller’s side but on the buyer’s side too. It’s a good idea, therefore, to make a “sharp” offer. Essentially what this means is matching the highest offer made on the house so far, and then adding 5 percent on top of that. It’s worth remembering that this is only worth doing for homes that have received offers far below their asking price. Sellers are more likely react to offers significantly above their best offer, and will usually sell their houses for these offers, even if they are below their asking price.

When it comes to buying a home, things can still fall through, even when a sale has been agreed in principle. Often another buyer will outbid you, and the owners of the house you want will close the sale.

Not good.

You still have options, though. One thing you can do is write a letter explaining that you missed the chance the increase your offer. Then make a new offer, covering things like the cost of the sale and say you’re willing to purchase the house directly from them. You’ll have to offer them a significant amount, but if it’s big enough, you’ll sway them.

The Cub Of Wall Street: Get The Best Start In Stock Trading

With so many different stocks out there, when you’re taking your first steps into the market, it can feel extremely hard to know what to invest in. You may already have some clearly defined goals which will dictate your investment strategy, but even so following a few simple rules can be a huge help in the beginning. Here are a few to bear in mind…

Often, choosing stocks that are the best in their niche means targeting large, well-established brands, or those that are only just emerging, but show tremendous promise. Occasionally, it can mean choosing companies that have a very narrow product niche and target market, such as these: http://www.careismascrubs.com/fearless-collection/ . When you’re chewing over the options available to you, it’s important to remember that the word “brand” means different things in different industries. For example, branding counts for a lot more in a retail company than it does in the mining or construction sector. You should be aiming to spread your portfolio over niches that are dominated by prominent, highly-desired brands, as well as more industrial sectors where these brands are rare or don’t exist at all.

Take a History Lesson

While the way a stock has performed in the past does not necessarily guarantee how it will fare in the future, it’s important to take past performance into account when choosing where you’re going to invest your money. In order for a stock to be a wise choice in established investing strategies, strong past performance is an absolute must. That doesn’t necessarily mean that it has to have been booming over the last year or even the last five. However, the long-term curve of the stock’s performance certainly has to look good. Would you rather invest in a business, management team or brand that’s decimated shareholder value in the long term, or one that’s made a lot of people a lot of money? The answers obvious, I hope! You can read more about understanding past performance here: http://www.investopedia.com/financial-edge/0312/misconceptions-about-past-performance-and-future-returns.aspx 

Try to Avoid Small-Cap Names

Okay, it’s not impossible to see some great returns from small-cap companies, and as your strategy develops you’ll probably want to include some promising underdogs in your investing framework. However, for people who are just starting out in stock trading, it’s a good rule of thumb to restrict your investments to mid and large-cap names. Generally, these stocks will be much less likely to undergo any sudden, erratic fluctuations, and the curve of their value will be much more predictable. This is especially true if you take my first point on board, and invest in companies that have a strong foothold in their niche. Yes, diversifying is important, and you may not have the means to invest a lot in upper-crust stocks. However, it’s much better to have a single stock that’s on its way up than many that could do anything.

There are countless ways to tackle the stock market and make good returns, but these rules will certainly get you off to a good start.