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Accredited Investor

An accredited investor is a person or institution that the Securities and Exchange Commission (SEC) defines as being qualified to invest in unregistered securities, such as privately held corporations, private equity investments, and hedge funds.

The qualification is based on the value of the investor’s assets, or in the case of an individual, annual income. 

Specifically, to be an accredited investor you must have a net worth of at least $1 million or a current annual income of at least $200,000 with the anticipation you’ll earn at least that much next year. If you’re married, that amount is increased to $300,000.

Institutions are required to have assets worth $5 million to qualify as accredited investors. The underlying principal is that investors with these assets have the sophistication to understand the risks involved in the investment and can afford to lose the money should the investment fail.

Mortgage 

A mortgage, or more precisely a mortgage loan, is a long-term loan used to finance the purchase of real estate. 

As the borrower, or mortgager, you repay the lender, or mortgagee, the loan principal plus interest, gradually building your equity in the property. 

The interest may be calculated at either a fixed or variable rate, and the term of the loan is typically between 10 and 30 years.

While the mortgage is in force, you have the use of the property, but not the title to it. When the loan is repaid in full, the property is yours. But if you default, or fail to repay the loan, the mortgagee may exercise its lien on the property and take possession of it.


Diabetic Community Rallies Against Insurance Providers for Repeated Denials of Life Saving Device

Valley Stream, NY (PRWEB) July 4, 2008 -- On Tuesday, July 1 online community Diabetes Talkfest (www.diabetestalkfest.com) sponsored the first CGMS Denial Day online rally highlighting the excessively high rate of denials issued by insurance companies for continuous glucose monitoring systems (CGMS), which have been proven to help people with diabetes control their blood sugar levels, and quality of life. The event was held in association with social network site Tudiabetes.com.

"If saving lives is not an improved diabetes outcome, then it is clear that priorities are misplaced in the people making these decisions for the insurance companies" said Mick, an Endocrinologist with Type 1 diabetes, and member of Tudiabetes.com.

Diabetestalkfest.com and Tudiabetes.com community members were asked to create blog, video, or art posts about why a CGMS is crucial to their diabetes care. Over 75 people participated on the first day of the rally, which ends on July 4. It is expected that several hundred will take part over the course of the week. Bloggers that are not currently members contributed as well. The rally posts can be viewed here: http://diabetestalkfest.com/blog/?p=189

The CGMS can be a life saving device for people with diabetes by preventing and reducing complications and alarming users who are no longer sensitive to hypoglycemia of approaching low blood sugars, especially during bed time hours. The device allows people to greatly reduce the number of times they have to check finger sticks, and has the ability to constantly monitor glucose levels by showing trends in blood sugars for people that experience hyperglycemia (high blood sugars).

"I want the best possible care to live a long and healthy life," Diabetestalkfest.com founder Gina Capone said. "A continuous glucose monitor will provide my healthcare team and I with crucial data, to prevent possible complications down the road. We have come together as a community, we are Raising Our Voices."

There are currently three Real-Time CGMS manufacturers in the US:

Dexcom, DexCom STS CGM system; Abbott, FreeStyle Navigator®; and Medtronic, Guardian RT CGM system.

For more information please visit: http://www.diabetestalkfest.com

About Diabetestalkfest.com

Diabetestalkfest.com is the first online diabetes website dedicated to live chats. It was created by Gina Capone and Jon Schlaman, who first met on a diabetes message board in February of 2001.

Over the past six years the site has united thousands of people living with diabetes in its online diabetes chat room and social network DIABETEStalkfest (www.diabetestalkfest.com). The DTF live chats provide members with cutting edge information from leaders in the field of diabetes. Diabetes Talkfest partnered with Tudiabetes.com, a community for people touched by diabetes, in March of 2008.

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This press release has been reprinted from PRWEB per the terms and conditions of the copyright notice.

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