Dan Sciscente on Formula One’s Best

Dan Sciscente

Dan Sciscente

Canadian entrepreneur Dan Sciscente says that Formula One Racing is a staple of entertainment in his home country and offers a rundown of the sport’s best.

Nino Farina

Dan Sciscente points out that, although Nino Farina only won one race in his career, this Italian driver is significant for winning the first ever Formula One championship in 1950. Before his time in the driver’s seat, Nino Farina was known as Dr. Giuseppe Farina, having earned his doctorate from the University of Turin, says Dan Sciscente. The well-born and ambitious “Gentleman of Turin” served his country as a Calvary officer and soldier in the tank regime before the lure of steel horses had him pushing modern mechanics to its limit.

Mario Andretti

According to Dan Sciscente, no mention of F1 drivers would be complete without noting Andretti, who is billed as one of the best performing Americans in the sport. With over 100 career wins, Andretti has proven over and over again that he is a force with which to be reckoned. Dan Sciscente points out that Andretti won the 1978 Dutch Grand Prix and today remains the most recent American to win an F1 race. A racing legend for over 50 years, Andretti is the only driver in history to win races across numerous venues over a five-decade time span, says Dan Sciscente.

Jack Brabham

Australian-born Jack Brabham began his racing career in 1948 driving midget cars, says Dan Sciscente. This former flight mechanic served the Royal Australian Air Force and owned his own successful engine shop before winning three F1 championships in 1959, 1960, and 1966. Dan Sciscente expresses a deep respect for Brabham as both a driver and as a vehicle manufacturer and designer. Brabham is the only driver in the F1 circuit to ever win a series World Championship behind the wheel of one of his own vehicles, mentions Dan Sciscente.

Jenson Button

Dan Sciscente says this 32 year old Brit won the 2009 F1 World Championship after finding an interest in racing early in life. According to Dan Sciscente, Button was only eight years old when his father, John Button, got him his very first open wheeled racing kart. The senior Button was well-known in England as a Rallycross driver in the 1970s, so it was no surprise that Jenson would follow in his father’s footsteps. Button is famous for being the youngest driver in history to claim victory in the European Super A Championship, points out Dan Sciscente.

Dan Sciscente has been an avid racing fan for as long as he can recall. This Canadian businessman says that when the Grand Prix stops in Montreal, he is one of the loudest supporters of the sport. Dan Sciscente’s favorite F1 competition car: the Ferrari. Sciscente hopes to one day own a 599 GTO.

Texas Lending (TexasLending.com) Discusses Reverse Mortgages

Texas LendingTexas Lending (TexasLending.com) handles more than 3,000 loans each year, and these include a wide variety of mortgage loan issues. Working directly with clients to explain all of their options is important to Texas Lending CEO Kevin Miller. He founded TexasLending.com with the vision of providing personalized service to each customer. Today, Texas Lending speaks to A Gathering of Experts about a topic that is drawing quite a few questions from today’s baby boomer generation–reverse mortgages.

A Gathering of Experts: We hear quite a bit about reverse mortgages. What does Texas Lending tell its customers about this type of loan?

Texas Lending: As baby boomers consider their options, reverse mortgages are a great tool for many. Texas Lending helps counsel all of our clients toward the best option for their own personal needs.  For some clients, that best option is a reverse mortgage.

A Gathering of Experts: Explain the basics of a reverse mortgage.

Texas Lending: A reverse mortgage allows homeowners over the age of sixty-two to receive their equity, either in lump sum form or as a monthly payment, or a line of credit, or a combination of all these options. Texas Lending often recommends reverse mortgages as an option for older homeowners who are having trouble making their monthly payment and cannot refinance using traditional means.

A Gathering of Experts: When someone contacts Texas Lending about reverse mortgages, will they be connected with a government-approved counselor?

Texas Lending: Yes. Texas Lending provides our clients with an expansive list of HUD approved counselors and the client chooses the one best suited for their location, timing and budget.

A Gathering of Experts: Could this be an option for seniors who are in danger of foreclosure?

Texas Lending: Yes! Because of the current state of the real estate market, many seniors can no longer afford their house payment. The Reverse allows the senior to payoff the loan with which they are struggling.

It is important to note,  some struggling seniors don’t have the option of selling their home and moving somewhere cheaper because they are underwater on their mortgages—meaning they owe more than the appraised value of their home. Texas Lending has been able to help some clients payoff these underwater mortgages using the Reverse as the tool to do it.

A Gathering of Experts: So when someone is approved for a reverse mortgage with Texas Lending, they might end up with no house payment.

Texas Lending: Absolutely! They definitely end up with no requirement to make a house payment. They do, however, have to continue to pay their property taxes and homeowners insurance.

If a client wants to make payments on the Reverse, they certainly can. Some seniors want a traditional refinance and cannot qualify due to today’s more stringent credit standards. The Reverse credit criteria are simpler. The senior may find this loan suits their needs and they can choose to repay the loan just like a traditional loan. It is their decision entirely!

A Gathering of Experts: We’ve heard there are some drawbacks to the reverse mortgage.

Texas Lending: Drawbacks? No. However, a reverse mortgage may not be for  everyone. We will make certain that applicants understand all of the terms before they enter into this type of mortgage. After working with a Texas Lending Consultant, an applicant will have all of the information they need about their available options in order to make an informed decision.

For more information, visit Texas Lending online at www.texaslending.com

4100 Alpha Rd. Suite 400
Dallas, TX 75244
NMLS# 137773


FXDD and the Growth of Emerging Market Currencies



Developing economies, otherwise known as emerging markets, are quickly becoming drivers of worldwide growth, according to leading Forex broker, FXDD. But should retail traders invest in emerging markets? FXDD cites the International Monetary Fund estimates that emerging markets will expand two to three times quicker than developed nations like the United States and Europe, as a reason for retail investors to consider investing in emerging market economies. In addition to growth, according to FXDD, emerging markets also present investors with a way to diversify their portfolios because they tend to perform differently than developed markets.

FXDD notes that the world’s largest economies such as the United States, United Kingdom, Canada and Europe tend to dominate the foreign exchange trading landscape. However, according to FXDD, interest in emerging market currencies such as the Chinese Yuan, Brazilian Real, Indian Rupee, and Russian Ruble has grown significantly in recent years. FXDD is a leader among online Forex brokers in offering emerging currency pairs to retail investors by offering more than ten emerging market pairs to FXDD retail traders. Retail traders know that FXDD offers access to emerging market currencies previously only available to large institutional traders. FXDD is among the first brokers to give retail traders first access to these fast-growing markets as they become influential players in the global economy.

FXDD defines an emerging market as a country with low to middle per capita income, but with social and business activity in a stage of rapid expansion and industrialization. FXDD notes that emerging market economies make up 80 percent of the world’s population and approximately 20 percent of the global economy. Emerging markets are often categorized as being in transition because their economies are frequently going through a process of evolving from a closed market economy to an open market economy, while building trust from lenders and trading partners around the world.  Because emerging markets are often in transition, and thus not as stable as larger currencies, FXDD believes that investing in these markets presents an opportunity for investors looking to add risk to their portfolio. Emerging markets are often considered by traders and investors seeking higher returns, notes FXDD, because these economies regularly experience greater economic growth as measured by GDP. However, as with any investment product, FXDD recognizes that the higher the return, the bigger the risk.

Even though emerging market currencies are often more volatile than the currencies of larger economies, FXDD believes the return can be worth the risk, as emerging markets have outperformed the benchmark rates over the years. According to FXDD, emerging market currencies offer opportunities not only for large institutions and hedge funds, but also to retail traders now that they can participate in these markets. Emerging market currencies provide opportunities for both the novice and experienced trader, says FXDD. However, FXDD cautions traders and investors to define their risk parameters before entering emerging markets.

Emerging market currencies do not trade much differently than larger currency pairs. FXDD notes that even though there are some fundamental differences between them, the basics of currency trading still apply to trading emerging market currency pairs. Just as with the Euro, Yen and Pound, emerging market currencies such as the Brazilian Real, still react to monetary policy and economic output as well as geopolitical factors. Because of this, currency traders can use the experience they’ve gained trading large currency pairs and apply this knowledge to trade emerging market currencies.

According to FXDD, one primary difference between major currencies and their emerging counterparts is the amount of liquidity available at different times in the trading day. As with major currency pairs, FXDD notes that there are blocks of times during the trading day when market conditions encourage more active participation, and thus, increased liquidity. According to FXDD, the lower the trading participation is around the world, the less liquidity that is available. Lower liquidity typically leads to increased volatility, notes FXDD, and can also increase the bid/ask spread. Because of this, FXDD cautions people that are trading emerging currencies within tight time spans, that it may not be as easy to enter or exit these trades at a defined price. FXDD advises traders to learn the most active trading times for each individual emerging market pair before beginning to trade.

While emerging market currencies are moderately unknown compared to larger currency pairs, they present a compelling opportunity for both novice and seasoned Forex traders alike, says FXDD. Because these emerging markets react similarly to the large currency pairs, FXDD believes traders can take the knowledge they have about trading larger currencies, and can apply this experience to trading emerging currency pairs. However, FXDD notes that there are differences between these two types of currencies that a trader should understand before trading a live account. In spite of the differences, FXDD believes that trading emerging market currencies is worthwhile and allows retail traders to diversify their exposure to higher-growth economies around the world, previously reserved for large banks and hedge funds.

God’s Luv International Ministries Church: Honoring God in Our Prayers

God's Luv International Ministries Church

God's Luv International Ministries Church

God’s Luv International Ministries Church was founded on a vision of a worldwide ministry. As leader of God’s Luv International Ministries Church, Dr. Pierre Bennett uses anointing of oils and laying of hands to heal and comfort those in his congregation. God’s Luv International Ministries Church meets in Reston and McLean, Virginia, where members are encouraged to help others reach another level in their relationship with God.

Today, God’s Luv International Ministries Church is at the forefront of Dr. Pierre Bennett’s mind as he talks to us about how to pray successfully.

A Gathering of Experts: Sacrifice is a large part of the Bible’s story. As the pastor at God’s Luv International Ministries Church, how do you translate that to today’s world?

Dr. Pierre Bennett: I recently spoke to God’s Luv International Ministries Church about David, who stopped every six paces to pray to God. I use this example to show my God’s Luv International Ministries Church members how important it is, no matter what we’re going through in our lives, to stop and pray to God.

A Gathering of Experts:  I think we all want to pray more, but we sometimes slip and realize we haven’t prayed as often as we should.

Dr. Pierre Bennett: Many of the members at God’s Luv International Ministries Church hear me say all the time that whatever their weakness is, they should pray on it.

A Gathering of Experts: Pray to remember to pray more?

Dr. Pierre Bennett: Why not? None of us are perfect. I encourage those who attend God’s Luv International Ministries Church to pray that their weaknesses become their strengths so that they’ll be better able to worship Him.

A Gathering of Experts:  But you talk about more than prayer when you’re speaking to your God’s Luv International Ministries Church congregation. You’re having actual conversations.

Dr. Pierre Bennett: There’s prayer and then there are conversations. As I tell God’s Luv International Ministries Church, I speak to God while I’m in the car, while brushing my teeth—in general, as I go throughout my day. I believe having an open dialogue with God brings me closer to Him.

A Gathering of Experts:  Does He speak back to you?

Dr. Pierre Bennett: I get His message loud and clear. Often I just want understanding on some lesson He’s trying to teach me. Understanding is especially important if He wants me to share it with God’s Luv International Ministries Church. I need to fully understand so that I can share with others.

A Gathering of Experts:  David brought the Ark of the Covenant to Obed and later Zion in response to God’s direction

Dr. Pierre Bennett: Yes, and in doing so, he lost one of his men. This made them fearful at first, but as I said in my sermon at God’s Luv International Ministries Church, the next time they tried, they succeeded. I believe it was because David was following God.

A Gathering of Experts:  As you tell God’s Luv International Ministries Church, David’s ultimate goal was Jerusalem, which is a representation of the church?

Dr. Pierre Bennett: At God’s Luv International Ministries Church, we believe the ultimate goal is the Kingdom of Heaven. In order to get there, we must follow the path He has chosen for us, by seeking His will through prayer, listening to the answers He gives, and obeying Him.

For more information about God’s Luv International Ministries Church, please call (703) 395-1430.

A Gathering of Experts Explains Why Laughter Really Is Good For You

We’ve all heard the adage: “Laughter is the best medicine.” But, now scientists have discovered that it’s true. Laughing is one of the most fun ways to protect a person’s heart, to lower blood pressure and to boost the immune system. And although children laugh on average about 400 times a day, adults on average tend to only laugh about 17 times a day. Today, A Gathering of Experts is going to explain why it might not be a bad idea to put Ace Ventura: Pet Detective into the DVD player.

I’ve heard that laughing burns calories. Is that true?

Yes, it is true. If a person laughs for 15 minutes a day he or she can burn 40 calories. It may not sound like a lot, but laughing can help a person burn off some of the calories that they take in throughout the day. And look at it this way, the more a person laughs the more calories they burn. It’s a win/win.

What are some of the other health benefits of laughter?

Research has found that 15 minutes of laughter a day is as important for your heart as 30 minutes of exercise 3 times a week. And it’s more fun, too. Laughter helps boost the immune system because it produces T-cells – which makes a person less susceptible to colds. It also helps relieve depression, because it releases endorphins.

It sounds like laughter mimics exercise.

Laughter does mimic exercise because of the health benefits, endorphins and calorie burning potential. In fact, laughing 100 times gives a person the same work out as 10 minutes on a rowing machine or an exercise bike.  Also, laughing helps lower blood pressure and it has the effect of deep breathing – much like yoga. The body is  expelling more air from the lungs than it’s taking in, which makes it a cleansing process.