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Nasdaq Trading Hours & Basics: How to Trade the Nasdaq 100

NEW YORK CITY - JAN 2: Times Square, New York street night life January 2, 2008, New York City. New York City, which is the largest and most populous city in the United States.

Anyone who is looking to find ways to use their money to make money has probably heard about the stock market. There are lots of different stock market exchanges to choose from. While the New York Stock Exchange is one of the most popular, another option is the NASDAQ Stock Exchange. The NASDAQ is a global electronic marketplace where investors are able to buy and sell different types of securities. In 1971, the NASDAQ Market was created by the National Association of Securities Dealers. The purpose of the NASDAQ is to enable investors to trade Securities using a fast, transparent, and computerized system. Also referred to as the NASDAQ Composite, this is an index that contains more than 3,000 stocks that are listed on the exchange. Some of the biggest companies in the world, including some from Hong Kong, are traded on the NASDAQ Stock Exchange. A few of the biggest examples include Intel, Amazon, Microsoft, Apple, Google, and Oracle. For this reason, anyone who would like to learn more about this stock market and the exchange should keep a few key points in mind.

NASDAQ Trading Hours: An Overview of Regular and Extended Hours Trading

When it comes to trading on the NASDAQ Stock Exchange,  it is important to know the market hours of the exchange. Like most other stock exchanges in the local area, the NASDAQ is open for six and a half hours per day. Regular trading hours takes place from 9:30 a.m. to 4 pm. There are also extended hours available as well. The extended hours trading takes place before and after the hours listed above. Pre-market extended hours take place from 4 a.m. to 9:30 am even though most pre market trading takes place closer to 9:30. After market hours trading takes place from 4 p.m. to 8 pm. This is a great opportunity for traders to buy or sell that last stock during an extended hours trading opportunity. In this manner, the NASDAQ provides added stock trading flexibility using additional hours trading sessions.

Even though most people are only able to place orders during normal trading hours or regular hours, there are also ways  for people to get approved to execute stock trading outside of regular hours. Those who are interested in swapping stocks outside of regular trading should speak to a professional about lengthening their trading day. Next, it is important for everyone to learn the different stock market order types of taking place on the NASDAQ.

The Types of Stock Market Orders Placed on the NASDAQ Composite

In general, when it comes to the NASDAQ exchange, there are two major types of orders that all traders and investors should keep in mind. They are referred to as a market order and a limit order.

Market Order

The most common type of order is the market order. In the eyes of most people, a market order is the most basic type of trade that could be executed. This is an order to either buy or sell a stock immediately and at the current price. If someone takes a look at the ticker symbol of one of the companies on the NASDAQ and likes the price, then he or she could place a market order to buy it immediately. In general, when people place an order for a stock, they are going to purchase that stock at or near the posted asking price. On the other hand, if someone is getting ready to sell a stock, then he or she is going to receive a price at or near the bid that has recently been posted.

It is important to note that the most recently traded price is not necessarily the price at which the market order is going to be carried out. While it is fast, if the market is particularly volatile, then the price at which the order is filled, or executed, could deviate from the most recently seen price. Therefore, market orders do not necessarily guarantee a price, but they do make sure that the order is carried out as quickly as possible.

On the whole, market orders are popular among individual investors who are trying to buy or sell a stock without experiencing any delays. The good news is that the NASDAQ is traded electronically, ensuring that orders are carried out as quickly as possible, even on Friday. The biggest advantage of trading using a market order is that the trade is guaranteed to be filled quickly. Even though the investor might not know the exact price at which the stock is going to be purchased or jettisons, market orders that are likely to trade tens of thousands of shares per day are going to receive prices that are very close to the post a bid or ask.

Limit Order

The other big category of order that someone might place on a NASDAQ is referred to as a limit order. Also called a pending order, this allows investors to place orders that are carried out at specified prices in the future. This order is not going to be carried out until the price of the stock reaches a specified level. If the price is not reached, then a limit order could end up expiring.

There are four different types of them at orders that someone might like. These include:

  • Buy Limit: A buy limit order is placed to purchase a security at or below a specified price. This means that the order is placed below the current bid of that specific stock. If a stock falls to that price, the order is carried out.
  • Sell Limit: A sell limit order is placed to sell a certain stock at or above a specified price. In order for this trade to be carried out, the order has to be placed above the current posted price. 
  • Buy Stop: This is an order that is placed to purchase a certain stock above the currently posted price. This stop order is only going to be placed once a certain price has been reached, also known as the stop level. 
  • Sell Stop: A sell stop order is an order to sell a stock at a price that is below the current price of the stock. This order is only going to become active once the specified stop level has been attained.

This is a brief overview of the various orders that someone might be able to place on the NASDAQ Stock Exchange. It is important to think about these orders carefully when deciding when to carry them out.

The NASDAQ Stock Exchange as an Investment Vehicle

Overall, the NASDAQ is a large stock exchange that has thousands of investment opportunities for investors. It is a good idea for investors to become familiar with the stocks that are traded on this stock exchange, as it is one of the biggest exchanges in the world. Those who are able to plan their Investments carefully have the opportunity to generate significant returns using the stock market.


The Ultimate Guide to Cold Email Marketing In 2021


Cold Email marketing can be a powerful tool for generating leads, recruiting, marketing, and more, but there are a few things that you should know to utilize to your advantage. In this article, we are going to go into the finer points of Cold Email marketing.

We’ll let you know precisely what it is, why it isn’t considered Spam, and give you some tips on crafting some quick and effective Cold Emails of your own.

Let’s start with what Cold Email Marketing is.

What is Cold Email Marketing?

When some people hear about Cold Email marketing, they instantly assume that it’s just Spam. This is not the case, and we’ll tell you why. It’s all about the use and the customization when you boil down to it.

While a Cold Email might be sent to a prospect, this will be the product of research, rather than just sending emails out blind. It’s not limited to acquiring prospects, either. Cold Emails may be used for Influencer Marketing, Research, providing general info… think of them as customized emails that offer something of value.

Crafting effective Cold Emails

Cold Emails will require a bit of customization if you don’t want them to be mistaken for Spam. Thankfully, the most critical aspects of Cold Emails may be boiled down into these easy five steps, which we will expand upon shortly:

  • You’ll need a snappy subject line
  • Customized content is key
  • Establish who you are and what you can offer
  • Wrap things up with the following steps
  • Don’t forget your signature

You’ll need a snappy subject line

No matter how well-crafted your email is, if the subject line is boring or misleading, your email will be deleted and likely marked as Spam. We can avoid this by crafting subject lines which are relevant to the target’s interests.

You will also want to make sure that your subject doesn’t make the email sound pushy, as well. Finally, don’t let the subject line be a misdirection, or you could damage their trust.

Customized content is key

You should know a bit of whom you are sending the email to and why you are sending it. Show them that you understand a little about their company and that you empathize with their needs. Find something that you have in common and go from there.

Establish who you are and what you can offer

As you establish your common interest, the next step will be letting them know that you are the right person to communicate with. This can be done with work titles, such as Regional Sales Manager or other titles that establish your bona fides.

It is also time to let them know what you have to offer that you feel would be valuable to them. Scoping out their website, public announcements, and social media can help you get the email less of a pushy feel and more of an ’empathic one,’ so be sure to take your time in this stage of the content creation.

Wrap things up with the following steps

Be sure to lead somewhere with your email so that the receivers will have something that they should do next. This helps you obtain metrics on how successful your campaign is while moving your prospective clients to their next step.

It could be something as simple as joining a mailing list or scheduling a meeting, but it is another important part of Cold Email Marketing.

Don’t forget your signature

Make sure that your signature contains your name, company name, website, and additional contact information. A sound signature lends a bit of helpful weight, so take advantage!

In closing

Cold Email Marketing is indeed powerful, and we hope you’ll take advantage of these tips and use them to the fullest. Above all of the tips here, remember to keep in mind that your Cold Email needs to be customized and clear about the value which it contains.

After that, well… with a bit of practice and these tips, you’ll soon see for yourself!

Why is House Hacking Getting So Popular?


If you haven’t heard of house hacking, no big deal. It’s something that’s been done before but with a new name and has become a trend over the last five years among millennials, but it’s an excellent idea for anyone!

It’s when someone buys a multi-bedroom home or multi-unit residence and rents it out to pay the mortgage. Anyone over 35 knows this as a form of real estate investment. Still, millennials call it “house hacking,” and it has become much more frequent due to economic factors affecting those in their late twenties and early thirties.

Why is this type of investment different now than it was 25 years ago?

Several reasons:

  • High-income jobs are not readily available for college grads like they used to be; this makes it too expensive for young adults to buy a home, especially in a safe area close to their jobs.
  • Young adults who are not ready to buy a home yet like to live in residences owned via house hacking until they can build enough credit to qualify for their home loan.
  • It immediately covers the owner’s housing expenses in whole or in part, unlike when the rental investment was a second property owned by an investing homeowner.

The average cost of a single-family home in the mid-’90s was $140K. Now, the average is $350K. At the same time, college tuition and student loan debt increased exponentially since 1992, and unemployment raged from 2010 to 2017, which did not help young people trying to start their lives.

Indeed, buying a home was only a dream for them… until now.

Benefits of house hacking

This form of investing is for anyone, any age, anywhere. So, if you have the means, these are some of the benefits you’d reap from house hacking:

  • The renters cover most or all of your housing expenses. It’s simple. You buy a house, sign a mortgage, and a tenant lease, then the rent from your tenants goes to pay your mortgage.
  • Gradual ascent into your investing future. Having to look after the property as not only your home but also that of tenants gives you a crash course in property management. This is a valuable, if not necessary, skill to have to become successful in building a rental property portion of your investment portfolio.
  • Flexibility for life changes. What if you suddenly get transferred for work? No sweat. Keep your home where there are already renters to keep the cash flow while moving to a new home. There’s no need to find a Realtor, list the house, take the photos, sign the disclosures and contracts, allow for showings, etc. What a pain!
  • Grow income fast via your primary residence. If you can negotiate a high rental rate, you may earn more than is necessary for the mortgage. This could be disposable income used for whatever you or your family needs or wants.

NOTE: It’s even possible to “hack” your garage for a renter to use as a studio apartment.

Stretching your home is the new way to stretch your dollar!

How to Make the Most Out of a Gig Economy


A lot has been said about the gig economy in recent years. This is a segment of the workforce that has been steadily growing for the past 10 years. An Intuit report states that around 36 percent of workers are gig workers today, rising significantly from 17 percent 25 years ago.

The gig economy includes a variety of jobs from Uber and Lyft drivers, food delivery persons, and professionals who provide services like a virtual assistant, writing, ad development, and accounting. Any job can be done in a gig economy.

Why Is It Called a Gig Economy?

A gig job is those that aren’t contracted for permanent or long-term employment. Those working are independent contractors or freelancers. The upside of these jobs is you can set your pay and have flexibility in your schedule. The downside is you may not have work from week to week.

How to Make the Most of the Gig Economy

Some have done well working as on-demand or gig workers. You can make full-time pay doing this kind of work and pick and choose the jobs you love and want to do. However, there are some ways to get the most out of this type of work lifestyle.

Set a Schedule.

People, by nature, need routine even in a flexible schedule. It’s important to have your working hours and off-hours. A routine also motivates you to get up, work or seek work.

Set Time Each Week to Seek New Clients.

One of the disadvantages of gig work is that projects end, and some clients will move on once your work is done. You always need new clients to replace them to keep your money flowing.

Be Grateful for Your Customers.

Those providing personal services, such as drivers, errand runners, and other service jobs, should connect with those you serve, give them a card with your name, and encourage them to ask for you and use you again.

You can also do little things like sending them a birthday email or a follow-up text asking for their opinion on your services.

Don’t Depend on One Source of Income.

Every successful gig worker has several revenue streams in case one falls out.

Don’t oversell or overwork.

Gig workers want money and feel they can make as much as possible because they aren’t tied to set hours or a company with established pay.

That can lead to overselling their abilities, which will lead to disaster or taking on too much work. That defeats the purpose of having flexibility.

Save For a Rainy Day.

Live on what you make and put some away for a week when work isn’t so plentiful. There will be weeks where you are busy and others that are slow.


Understanding how to manage your gig jobs and your money is the most important thing you can do to succeed in a gig economy. Implementing some discipline will help you succeed.

5 Simple Side Hustles Anyone Can Do to Build a Second Income


There has never been a better time to think of building a side hustle. Cats might rule the internet, but they have a lot of competition with entrepreneurs in 2021. Let’s dive in and start making money.

1. Upwork

Nothing good has come from the COVID-19 pandemic, but it has changed the way people work, and those changes favor people that want to build a side hustle. If you can write on a fourth-grade level and can learn to write articles, blog posts, and even marketing collateral, you can build a full-time career, let alone a part-time income.

You’ll run into jobs that you won’t know how to do. Research, practice, run your practice pieces by other writers in Copywriting forums on Reddit, and then put the better ones into a portfolio. And just like that, you know how to do those jobs. You can get started on Upwork right away for free.

2. Flipping

Some things don’t change. Buying old furniture and revamping and reselling it isn’t going anywhere. What has changed is that you don’t need to take a tour of every garage sale in town. You can get onto Facebook Marketplace and find your next flip without burning a drop of gas, which will make your flip gig much more efficient.

You don’t have to be an expert. Something as simple as repainting an old chair can boost its resale value.

One of the world’s most successful clothing companies started as a man buying discounted clothes and making alterations.

3. Start a Podcast on Anchor

If you can come up with exciting talking points or even write serial stories and narrate them, you could start a podcast with a service called Anchor. There are plenty of people that will steer you to other services, but Anchor has advantages that pay off as soon as you sign up.

First and foremost, Anchor is free to use. You have all the tools you need to record and produce in the app and the browser.

Second, you can monetize your podcast right away. You’re asked to read ads and record them and insert them into your show. The more people hear the ads, the more money you make.

Third, Anchor distributes your show to all the major platforms, including Spotify and Apple Podcasts.

4. Ghostwriting

No, this doesn’t mean writing horror stories. It’s a service you provide to people who need books, blogs, and other written things. You write the book for them, and then all the credit for the book goes to your client.  You might even sign a Non Disclosure Agreement (NDA) guaranteeing that you won’t try to take credit for the project later.

If you can stand to part with the credentials, you can make great money. There’s no shortage of people with something to write, but they don’t have the time or the skill to get it written.

5. Robinhood

This one is a little different since it requires having some money upfront. After all, you can’t invest nothing. But users of Robinhood may not realize the luxury they have of buying and selling a stock at the tap of a screen, rather than going through a human broker.

Robinhood won’t replace your day job anytime soon (not likely, anyway), but it’s a legitimate way of keeping money coming in on the side.

Ready, Set, Money

If you can stick with any one of these suggestions, no matter how slow it seems at first, you will have consistent side-income. The first four especially have the potential to replace your day job entirely.

I built a full-time income through Upwork within a year while working a full-time job and raising kids.

The gold goes to those that grind. Now, get yours!

5 Tips for First-time Homebuyers On Navigating 2021 Real Estate Market

5 Tips for First-time Homebuyers On Navigating 2021 Real Estate Market

We’re just going to come right out and say it – 2021’s housing market is uber competitive and it’s going to be hard to find a house. Markets around the country are experiencing an inventory shortage and for the first-time homebuyer, it’s going to be a challenge. But don’t let that freak you out!

We have some great tips for first time buyers that’ll give you an edge over other buyers so you’ll have the best chances of finding the home of your dreams. 

1. Get pre-approved for a mortgage

A pre-approval letter from your lender is a great way to give you the upper hand in comparison to other first-timers because it eliminates the nail-biting anxiety that comes while you wait for the approval. A pre-approval will also give you and your agent a hard line regarding your budget, which helps you look at houses you actually can afford. There’s nothing worse than falling in love with a house you think you can afford but you’re actually approved for much less.

2. Hire a top-rated real estate agent

A common mistake first-timers make is hiring the first real estate agent they find online. You do not want to do this! Take your time and read reviews from previous clients. Don’t be afraid to interview (yes, interview!) real estate agents either on the phone or in person. They are helping you make a huge decision and you definitely want to make sure they understand their market and how to negotiate on your behalf. 

3. Decide what you will and will not compromise on

One of the things about house hunting online is that we’ll find houses with the features that we love and we want to add them to our own wants list. However when you look at properties in your desired area, you realize finding a house with all of those features may be outside of your budget. You need to be able to look at your wants list and be willing to whittle it down to must-haves. If you’re unwilling to compromise, the top agent insights indicate smaller cities in the south are growing in popularity partially because a buyer’s budget is likely to go a lot further than if they were to stay in a big city. 

4. Be realistic about how far your money will go

Unfortunately, unless you have cold hard cash to make up the difference, you need to stick to your budget (aka the amount of money your lender approved you for). It’s difficult to reconcile the fact that you may not be able to get a house with a spa bathroom, a finished basement, and top of the line appliances on a meager budget. You need to manage your expectations and have a realistic idea of how much house you can afford. Fortunately a top-rated real estate agent will be able to help you stay within budget.

5. Submit your best offer first

Typically buyers will submit offers that allow for future negotiations, but in a hot seller’s market, you need to come in with your best offer right out of the gate. Real estate agents are seeing an increasing number of bidding wars happening because there aren’t enough houses on the market to meet demand. By submitting your best offer first, be it offering at or above asking, waiving inspections (we don’t recommend this), or being flexible with the closing date, it could be the most appealing to the seller and they may even accept it. 

As a first-time homebuyer during a hot seller’s market may not be the ideal time to dive in, but sometimes it’s unavoidable. With the help of these tips and the advice from a good real estate agent, your experience shouldn’t be as stressful!

What Exactly Is an Arm Loan?


When it comes to an arm loan (adjustable-rate mortgage), the main thing to know is that the interest rates for the mortgage can vary throughout the life of the loan; they can either be lower than the actual interest rate that the mortgage had or they can be higher than the initial interest.

You do not have to worry about too much volatility, however, because there is a limit as to how much these rates can deviate, and these are things that are federally regulated.

So how can this be of benefit to you? Well, you can use these types of interest strategically if you plan on paying the entire amount of the mortgage quickly before too much deviation can happen on the interest. If you can pay off your balance quickly and the rates start lower than what the fixed rate would have been, then it would be advantageous because that would mean you could have saved yourself thousands of dollars worth of interest accrued!

Breaking Down Arm Loans

So when you first encounter an arm loan defined on the terms of the mortgage, you will notice that two numbers are used to express the terms of the loan. It would usually be something like 8/25. So what does that mean? The first number is the number of years that a fixed rate for the loan would apply. The second number represents the number of years where the rates can vary. So for our example of 8/25, that would mean that the loan would have a fixed interest rate for eight years and then a variable interest rate over the remaining 25 years.

How Rates Are Determined

The interest of an arm loan is determined by two things, a variable index rate tied to the rate of financial assets like one-year T-bills. Then there is a margin added on top of it that remains pretty consistent.

If the index rate is at 3% and the margin is at 4%, that means the mortgage has a total rate of 7%. However, if the index rate jumps up to 5%, that would mean that the real interest rate is a whopping 12%.

That is why you have to be careful when deciding to go with interest rates like this. You do not want to have a mortgage like this for an extended period and allow such volatility to potentially hike up your interest rates.

Things to consider

So now that you know all about arm loans, try to think about whether this is something you could use based on your financial situation. It is not something that is for everyone because they are somewhat risky. If you take a good hard look at the time value of money and you prepare adequately and do not plan to hold these loans for a long time, there is no reason you shouldn’t give them a try!

Top Innovators Working in the Music Industry in 2021


The pandemic at COVID-19 has proven a catalyst to increase live streaming abilities for the music industry and provide artists with available payment options. However, many companies have also found a diverse way to enhance Black and Latin cultures and stream more widely to overlooked countries. Many firms raised the music industry to have a lasting effect beyond the 2020 economic and social turmoil. In the music sector, 2020 was a busy year for Mark Gillespie. While much of the mess was caused by the pandemic, normal business development still had a great deal to do with it.

  • Neon 16

For more than a decade, Tainy was a revolutionary in reggaeton and produced chart-top hits for Cardi B, J Balvin, and Bad Bunny. In cooperation with Interscope Records last year, he teamed up with former Roc National exec Lex Borrero to create Neon16. Neon 16 is doing its slogan not only to fear a new Latin talent like Dylan Fuentes and Álvaro Diaz but by extending its goal for urban Latin culture to include live shows, television, film, and gaming. Neon16 has organized and hosted events such as Reggaeton Art History during Art Basel and famous e-sport tournaments.

  • Verzuz

The quarantine between veteran music producers Timbaland and Swizz Beatz soon began as friendly rivalry on Instagram Live, which became one of the most extensive entertainment breakouts of 2020. Verzuz is a forum for music fighting with iconic R&B and rap artists, hit by hit, confronting each other. In July, Verzuz concluded a non-exclusive Apple deal to simulate battles with Apple Music, Apple TV Plus, and Instagram Live. Verzuz has also been used by artists who may have peaked years earlier, and commercially he has also dubbed The Verzuz effect as a means of generating streaming numbers and revived interest.

  • Beatstars

For producers to sell their beats to musicians, BeatStars is an online marketplace. The business got a big boost when the beat used for the 2019 “Old Town Road” track of rapper Lil Nas X came on the platform. But it’s not a one-hit-wonder, BeatStars has proved. The company agreed with Sony/ATV to open a label for BeatStars producers and artists to publishing and administration services. The group of BeatStars has expanded to over 2 million users with over $100 million in payouts.

  • Bandcamp

Bandcamp is an online music platform where new musicians can endorse their recent work and sell their merchandise. It has been a favorite of artists since the launch in 2008, mainly because of its revenue model, which only takes 10-15% of digital products and 10% of physics. As a reaction to the COVID-19 pandemic, Bandcamp continued to reduce its profit to 100 percent every Friday through 2020. Bandcamp has also introduced Bandcamp Live, a ticketed live streaming service wholly integrated into the platform that seamlessly makers merchandise and acknowledges that persons’ concerts were not more feasible.


Music was as comfortable as it was a catalyst for progress in 2020—a snapshot of our way of living and a means to strengthen it. This year, so many artists produced delightful, devastating songs. We celebrate the voices that transform the sounds of those we hear and talk about today into some of the most important cultural conversations. These cultural conversations include structural injustice, inclusion, pay equality, ownership of, and freedom to do your work. Everything we do mirrors the environment in which. Then, the music industry itself is always a microcosm of social problems, from stereotyping to shooting within various cases.



Understanding Loans And Getting Assistance In Paying Them Off


Loans are nothing to scoff at. When you use loans responsibly, they can be powerful tools for you to get a headstart in life. Whether it is for obtaining a degree, buying your first home, or just taking care of an emergency expense, you cannot cover out-of-pocket expenses. You have to be mindful when taking out loans because they can be very dangerous when you take them out and are not fully educated about them. Here is a quick breakdown of the things that you need to know.

Your Interest Rate

The first thing that you need to know about loans is that they come with different interest rates. If you choose a fixed interest rate, that means that the amount you will be paying each month will remain the same. The principal amount will remain affected only by the interest rate you agreed upon when you sign the loan documents — this will never change for the entire duration of the loan if you choose a variable rate loan that means that the interest rate that is applied to the principal amount can change depending on market conditions. Choose fixed-rate loans if you plan on taking your time with your payments, choose a variable rate loan if you plan on paying your loans as quickly as possible.

Deferment Options

If you are having trouble paying for your loan, several options are available to defer your payments. For example, if you join the Military and are put on active duty for student loans, you are qualified to defer your loans for a set number of years. If you go back to graduate school, on the other hand, then as long as you can prove that you are in rolled at least half time, most lenders will consider getting you a day full of for your loan. Also, if you can prove that you are having legitimate difficulties with paying the loan, then a deferment will be requested anyway, depending on the lender’s discretion.

Loan Forgiveness Programs

more good news is that your loans can be forgiven entirely depending on certain circumstances. If you went to medical school and you have a student loan that you used to pay for medical school, for example, you can have these loans forgiven as long as you choose to take up a primary care residency and you agreed to work in an underserved area. For the same doctors, if they decide to enlist in the military, there are also programs that they can sign up for that can allow their loans to be forgiven via the US military.

Loan Refinancing

The final option available for you to help you pay off your loans is to apply for loan refinancing if you still have a decent credit score. When you refinance your loans, you are selling your loans off to a separate lender. That lender will work out a new payment scheme for you that involves a longer payment term, more favorable interest rates, better options for getting forgiveness, or part of the loan, or a combination of these elements.

A great resource that you can learn about some of the most competitive loan products is Vaster Capital. They can provide a wide array of solutions for you if you need financing. Check them out today and take advantage of their great interest rates!

GM Law Firm, LLC, Discusses Which Professions Have the Highest Student Loan Debt


Not all student debt is created equal. Most college degrees will cost you approximately the same amount, but some of those degrees will lead to jobs that make it almost impossible to pay off your student loans.

In this article, GM Law Firm, LLC, reveals which professions are connected with the highest ratio of student loan debt. We will also discuss the widespread nature of debt in the US, growing at an alarming rate. The proliferation of extreme debt is on the rise, and Americans seem to have accepted this as a necessity to modern life.

The Rise of Debt in the US

Both student loan debt and credit card debt are the leading causes of bankruptcies in the US. The events of 2020, combined with the rising cost of living, have created a dire situation for many Americans.

While it can be hoped that the economy will continue to improve and that businesses will be able to go back to normal again soon, the rising tide of student debt and credit card debt will likely haunt Americans for many years to come.

Student Debt is Related to Profession

As mentioned before, student debt load is directly linked to the profession. Many professions do not pay well enough to allow people to pay off their student loans. This troubling trend indicates just one of many facets of American life that are growing exponentially more expensive.

Studies show that some of the professions you thought would make you enough money to pay off your student debt are actually related to a higher percentage of student debt load than income. Veterinarians, dentists, and lawyers often do not make enough each month to cover the burden of student loan debt they are carrying.

In contrast, computer science majors, MBA holders, and nurses are far more likely to be able to make their student loan payments without having to give up a considerable chunk of their monthly income. These statistics indicate a concerning trend that suggests that many college degrees do not translate into income that will cover the cost of the degree.

Debt is a Daily Reality for Many Americans

Americans are taking on more and more debt at an increasingly young age, and consumer surveys indicate that many Americans do not have a good grasp of how loans work. This lack of understanding about debt and how it will affect a person later in life leads to more and more people finding themselves on the brink of bankruptcy.

If you have student loan debt that you are struggling to pay off, you are not alone. Thankfully, there are options available to help you reduce your debt burden and assist you in paying it off in a timely fashion. If your debt is threatening your financial security, get help from an expert in student loan debt reduction today.

About GM Law Firm, LLC

GM Law Firm, LLC, is a consumer advocacy law firm based in Boca Raton, Florida, that empowers clients battling credit cards, repossessions, installment loans, private student loans, and medical debt to fight for their rights and help negotiate a satisfactory debt resolution. The experienced attorneys from the GM Law Firm, LLC, also legally protect clients against harassing debt collectors and provide a customized strategy for debt defense. Contact GM Law Firm, LLC, for a consultation.



An Exacerbated HealthCare Industry: Fernandez & Zafirov Initiate Second Round Medicare Fraud Lawsuits

Diagram of medicare

The Effect of Years of Corruption and Medicare Risk Adjustment Fraud on the U.S.’s HealthCare system and taxpayers

Keith Fernandez is a Harvard graduate and an eminent entrepreneur with a prolific background in Corporate Finance- having worked in numerous world-leading banks such as Bank of America and KKR.

Aside from his widely recognised achievement in the world of finance, Fernandez owns a plethora of corporations- including National Diagnostic Solutions (NDS), and has recently been the recipient of prolific media attention as a result of his ‘whistleblower’ lawsuit against Anthem Subsidiaries (Freedom Health & Optimum Health), and Physician Partners LLC for Medicare Risk Adjustment Fraud.

Medicare Fraud: Unjustifiable Ultrasound Exams

In September 2015, Keith Fernandez (the aforementioned CEO of National Diagnostic Solutions) contracted with Physician Partners LLC (PPL) to provide expensive ultrasound screening exams to PPL’s large number of patients (which exceeded 20,000) in Florida.

These ultrasound screenings- which were carried out at a flat rate of $ 70 USD per screening, allegedly brought in no revenue for PPL, however this unsurprisingly turned out not to be the case. Allegedly, Fernandez quickly discovered quite the opposite. PPL was, in fact, ‘routinely’ breaking federal law by engaging in Medicare Risk Adjustment Fraud and maliciously misleading their patients so as to believe they needed to pay for expensive radiology exams when, in fact, there was no diagnosable medically-justifiable reason that warranted such a suggestion.

According to Fernandez, PPL- whose ownership overlaps with Anthem’s aforementioned Subsidiaries, organised a prolific network of corruption which involved specifically directing the organisations patients to a ‘PPL call center’- rather than their doctor’s office, and manipulating them by insinuating that such tests were necessary for their own medical safety. In fact, such tests were not signed by the patient’s personal physicians or cardiologists, and their signatures were allegedly ‘forged’.

The Risks of ‘Phony’ Ultrasound Screenings

As Public Citizen- a consumer advocacy group with over 300,000 members, represented in their letter of complaint to Scottsdale Healthcare, unnecessarily prescribing such ‘heavy’ radiological examinations can carry significant risks to patients- in conjunction with the obvious downside associated with the unconscionable defraudment of the U.S.’s Health Industry.

For one, HealthFair’s advocated ‘basic package’ of six cardiovascular disease screening tests for ‘asymptomatic’ and unselected individuals is allegedly said to be detrimental to patient’s health in accordance with the recognised public medical consensus. This is because such a ‘promotive’ screening process largely relies on fear mongering, which can in itself directly exacerbate one’s health and significantly worsen their long term quality of life.

For example, it is widely recognised that the inevitable ‘false-positive’ test results that will arise as a result of such a screening process will likely lead to significantly proliferated levels of anxiety for patients, and consequently heavily increase their chances of opting for further exorbitant diagnostic procedures and additional ‘treatment interventions’.

Furthermore, such screening is likely to lead to what is known as ‘overdiagnosis’; this where individuals are actively diagnosed with benign health conditions that will never actually cause them any manifestatable symptoms or death. Once again, this is likely to lead to both: a) severely increased anxiety and b) increased unnecessary medical interventions and medical spending.

Finally, medical critics of PPL- whose actions have placed Anthem’s shareholders at monetary risk, have pointed out the obvious unethical element of such a procedure in relation to the Health Industry- violating the ethical principles of: Beneficence, Nonmaleficence, and Patient Autonomy.

The Bigger Picture: A Look at the U.S.’s Health Industry

The aforementioned scandal is reportedly reaping an astounding $ USD 70,000,000 a year in fraudulent Medicare Reimbursements for PPL- at a direct cost to the U.S taxpayers. This is troubling, especially when considering the fact that this issue was initially exposed by the industry’s first whistleblower roughly 10 years ago, and it evidently has yet to be halted.

As can be seen by the above graph provided by The Economist, the United States of America has a significantly higher ‘Health Spending per person than the other OECD countries; even so, the country has the lowest life expectancy on the list.

Perhaps, this gap can be heavily attributed to the likely widespread nature of the aforementioned industry scandal, and may be indicative of a prolific ‘misallocation’ of the U.S. taxpayers’ money by fraudulent and unconscionable third-parties.