Timeshares and Timeshare Presentations – Dare to Say No

Some owners have purchased multiple timeshares because they just don’t know how to say “No.” In fact, timeshare owners are more likely to purchase another timeshare than a non-buyer. It’s hard to even begin to comprehend how many timeshares a single couple might end up owning because of this apparent fear of the word “No.” So for the timeshare owner or non-owner alike, here is your best tip on how to say “No” at a timeshare presentation:

Request a copy of the timeshare contract for your lawyer.

If you ask for the timeshare contract for your lawyer to read and review, you’ll create an impasse. Timeshare sales people are trained to never let you remove any documentation from the presentation room. It might contradict what may have been said during your visit, and the length of many timeshare contracts is enough to scare off buyers. So more likely than not, you won’t get that copy you respectfully requested.

Regardless whether you get a copy or not, you’ll probably want to leave at this point. Yet the sales process has yet to go through the gauntlet of sales techniques used at these presentations. So be prepared for these timeshare sales people to stall or change the subject away from the requested documentation.

They may ask why you need it since there is a rescission period during which you can cancel your contract. You can respond by saying that you’d be more comfortable taking the contract to your lawyer, or that for large purchases at presentation-style sales meetings, you feel that its necessary to take precautions and get your lawyer involved before committing to a decision.

Don’t worry if you don’t really have a lawyer. If you feel guilty about fibbing to the timeshare sales people, just know that you probably know someone who knows a lawyer, or happens to be one and wouldn’t mind acting as your lawyer.

The beauty of this objection is that you aren’t really saying “No” to buying a timeshare, just that you want to take the time to investigate it properly. Sales people are trained to overcome “No” responses. They may even be able to overcome the “Take the documents out of the room” objection as well, but it’s definitely not as easy a task because it’s not heard as much as “I can’t afford it” or “I don’t take enough vacations.”

So keep this tip in mind the next time you find yourself at a timeshare presentation. Remember, if you REALLY want a buy a timeshare, purchasing a timeshare in the presentation room is the most expensive place to do it. Try your best to walk out of the room as soon as you can, but be prepared to stay a while. Even the most effective objection won’t get you through quickly.

Improving Your Presentation Skills: Calming Your Nerves So You Can Succeed In Public Speaking

Public speaking is rarely what we want it to be. More often than not fear, sweat and anxiety overwhelm us, leaving us shaking like a five-year old in front of a reprimanding teacher. The uneasiness that you experience before and during public speaking can make your presentation a big mess.

Don’t let a churning stomach and sweaty palms disrupt, or even worse, destroy your speech. While it’s not possible to completely eliminate your nervousness, improving your presentation skills is still possible once you learn a few tactics to control your nervousness.

Understand How Nervousness Manifests Itself

Unless you know what ruins your speech, how can you work on improving your presentation skills? The strange thing about speech nervousness is that it can take on different faces. It can be expressed through physical uneasiness, but it can also interfere with your language. People who are anxious about their speech often stammer, shake uncontrollably or have a squeaky voice, messing up their speech.

This is often a self-fulfilling prophecy: you focus so much on what might go wrong that you eventually make it happen. However, if you understand why and how your nervousness is expressed then you can easily learn to tame it and start improving your presentation skills.

Break Free From Your Nervousness

The first thing you should do is change your attitude towards public speaking. Understanding how deeply nervousness interferes with your public speaking success will give you a good perspective on how important it is to overcome it.

Control, Don’t Try To Eliminate

People set themselves up for failure when they try to completely eliminate their uneasiness. Even the most experienced, top-notch speakers will tell you they’re still feeling that subtle (or not so subtle) nervousness before their speech. And it’s fine too.

The key to adequately calming your nerves is to realize you cannot entirely and irreversibly eliminate them. Remember, improving your presentation skills means minimizing nervousness impact, not banishing it completely.

Be Prepared

Being fully prepared for you speech will sooth your nerves. You gain confidence when you know you can anticipate and handle any incidents during your speech. Get familiar with the speech room and its equipment. Network with your audience to remind yourself that they’re only human beings and not really that scary after all. Practice your speech until there’s no room for mistakes. Have alternatives for cases when something goes wrong, such as a forgotten point, a confusing conclusion, or a slide show being stuck.

Just Breathe

Being conscious of your breathing a few minutes before your speech will calm your nerves and give your lungs plenty of air to release all the built-up tension accumulated over the last few days. Deep breathing will improve your lung power and make you more alert thanks to better brain oxygenation.

Relax Your Mouth Muscles

Have you ever wondered why cats always seem so peaceful? They meow constantly. While you shouldn’t walk around your preparation area meowing around other speakers, you can still master the silent meow. This is something halfway between a yawn and a meow movement. Placing your hand over your mouth will conceal your trick of relaxing your mouth muscles for better articulation and freedom.

How to do tax-saving with mutual fund investments?

It might be difficult watch your hard earned savings simply getting deducted in taxes. The simplest thing to do would be to invest in a tax saving mutual fund, which helps you build wealth and reduce your tax liability. Remember though tax planning is challenging, it can also be rewarding if done correctly. So, we are giving you a quick run through about how you can save your hard earned money by investing in a Tax Saving (ELSS) mutual fund scheme.

An ELSS (Equity Linked Saving Scheme) could become you best choice if you are looking for:

Tax benefit u/s section 80C of the Income Tax Act, 1961
Opportunity to invest in the equity markets to grow your investment corpus
Long term Capital appreciation
Shortest lock-in period as compared to other tax saving instruments under Section 80C

As per SEBI’s categorization norms for mutual funds, ELSS is an open-ended equity-oriented mutual fund scheme that invests a minimum 80% of its assets in equity & equity related instruments.

Generally investment objective of an ELSS tax saving mutual funds is to achieve long-term capital appreciation by investing primarily in equity and equity-related instruments.

A distinctive feature about ELSS is that compared to the other open-ended diversified equity mutual funds, investment in ELSS is subject to a compulsory lock-in period of three years. During this period, you cannot redeem your investments before the completion of three years from the date of the investment. After the lock-in, if you decide to redeem the investment on the realized gain, as per the current tax rules, LTCG (Long-term capital gains) tax applies.

Remember, though tax saving may be a major purpose behind investment in tax saving mutual fund; it’s a general expectation that any investment should also deliver some return. Hence, while evaluating your options for the tax saving mutual funds of 2021 to invest in, you need to look at the return column too. Do not forget that as an investor, should know the risk- reward tradeoff specific to an investment before taking the plunge with your hard earning money. You need to look beyond to see a historical growth of ELSS tax saving mutual funds for a period of at least 3 years.

If you are looking to save tax, lower your capital gains tax and long term risk adjusted returns from your investments, maybe you should consider adding an ELSS tax saving mutual fund to your portfolio.