Great Travel and Island Holiday Ideas | travelling and hotels

One of the most common kinds of holiday inspiration people are looking for is island holiday ideas. And there are plenty of options to inspire them, as many of the best holidays are island holidays. Ideas include Greek island holiday ideas, Caribbean island holiday ideas and that’s just for starters.Starting with Europe, how about visiting Crete? As well as the bright blue ocean, Crete also promises Minoan ruins, and an amazing array of historical sites. A lot of visitors come just to crash in one of resorts, which are mostly along the island’s northern coast, but for travellers wanting to conduct their own explorations the island’s eastern and western tips still hum with a slower, more traditional way of life. The basic Crete island holiday idea visits all the major sights from Chania travelling west to Agios Nikolaos, and spares more time for exploring the ancient side of the island than reclining on the beach.Turky vacation ideas recommend hopping along the bit of Turkey’s coast lined up against the Mediterranean called the Turquoise Coast. The sand running along the coast is generally softer and paler than that along the Aegean Coast, and the water is warmer than the Black Sea. For these reasons resort towns line it, as they have done for thousands of years. Incorporate some role play into your trip by visiting the ruins of some of these ancient resorts and make like an ancient Roman, enjoying the sun, sea and sand.What about Indian Ocean island holiday ideas? Start with Seychelles islands holiday ideas: 16 of the Seychelles islands have visitor accommodation; some, like the largest island, Mahé have options ranging from campsites to five star hotels, but some, like Cousine are private island resorts, with space for as few as eight guests. All the islands have beaches made of fine white sand, lined with bright blue waters, and beyond that coral reefs – it’s a tropical daydream given, but like a row of gorgeous sisters each has their own private charms as well.Mauritius island holiday ideas promise gorgeous pale, tropical beaches just across the waters from Africa and there are direct flights from South Africa, Kenya and Zambia to Port Louis, which makes it quick and easy, as far as travel details go, to follow up an African safari with some time on the beach, for a trip that combines seeing some of the world’s most impressive wild animals, and untouched places with some beach bound pampering. For a lot of people this kind of trip would also make the perfect honeymoon.Maldives island holiday ideas are all about the idyllic pale tropical beaches complete with palm tree fringing, hammocks and hotel-hut-bungalows hovering over the water, the coral jungles and brightly coloured marine life you can snorkel by without much effort, lush scenery around beautiful waterfalls and of course a chance to share the laid back lifestyle. But why do you want to visit? Are you looking for a tropical island to unwind or honeymoon on? A chance to dive some of the world’s best dive sites, a tropical island sailing hop, a cultural experience or something in between? Maldives holiday ideas can be about all those things.

How to Invest and Why You Need a Plan | investing

What makes rich people rich? Looking at the spending pattern of various income groups in the U.S. makes it clear: Savings. The real difference between the rich and the poor is that the rich spend a larger share of their income on savings (pensions and insurance) and education.Source: WSJ, Labour Department,When building wealth, preserving wealth, and passing it to the next generation is the formula for financial success it is surprising that less than 20% of Americans do have a written plan when it comes to investing and even retirement [1].The paradox in human behavior is that we are perfectly rational and capable of planning for a major event in our lives, but this is usually forgotten when it comes to investing. In fact, you will find that only a third of investors have a written plan guiding their investment strategy and retirement plans.Why is a plan needed?
The investment world is a harsh jungle, a world of murky waters where the smartest and the most organized survive and become successful while the rest are gobbled up. A written plan short circuits our normal response to something as emotional as money. It prevents us from resorting to our gut feelings and emotions. Instead of following the herd mentality that may prompt you to make unwise investment decisions, a plan will force you to stick to a rational strategy that is underpinned by fundamental investment principles. Some of the difficult emotions that you will have to overcome while investing include:
1) The fear of failure
2) The tendency to continue with a certain approach just because you started it
3) Personal matters such as relationship issues at homeIt is also important to point out the main reasons why investors fall prey to the market and lose their precious funds:
1) Omitted facts and figures mislead investors into investing in a structurally unsound company or financial instrument
2) Overconfidence makes some investors think that they are invincible and that they can always beat the market.
3) Everyone wants to be seen as a champion, the successful general capable of leading an army to victory. This can make you make investment decisions that are not based on rational thinking but rather the desire to impress your friends, co-workers or family membersBy having an investment plan written down and actually following what it says, you will have dramatically increased your chances of winning and increasing the size of your nest egg or investment portfolio. The following are simple steps in creating a plan and avoiding the herd mentality and instinctual impulses that turn us into fools when investing:1. Set up specific and realistic goals
For example, instead of saying you want to have enough money to retire comfortably, think about how much money you’ll need. Your specific goal may be to save $500,000 by the time you’re 65.2. Calculate how much you need to save each month
If you need to save $500,000 by the time you’re 65, how much will you need to save each month? Decide if that’s a realistic amount for you to set aside each month. If not, you may need to adjust your goals.3. Choose your investment strategy
If you’re saving for long-term goals, you might choose more aggressive, higher-risk investments. If your goals are short term, you might choose lower-risk, conservative investments. Or you might want to take a more balanced approach.4. Develop an investment policy statement
Create an investment policy statement to guide your investment decisions. If you have an adviser, your investment policy statement will outline the rules you want your adviser to follow for your portfolio. Your investment policy statement should:Specify your investment goals and objectives,Describe the strategies that will help you meet your objectives,Describe your return expectations and time horizon,Include detailed information about how much risk you’re willing to take,Include guidelines on the types of investments that make up your portfolio, and how accessible your money needs to be, andSpecify how your portfolio will be monitored, and when or why it should be rebalanced.A smart investor with a written down plan and strategy has already won half the battle without making a single financial decision. By implementing the plan and adhering to laid down rules of operation, the smart investor will avoid the pitfalls caused by human emotion and behavior and end up winning big.