So, you are about to embark upon the fun task of switching banks, opening an account for the first time or perhaps just looking around to see what is out there. Think about what you need and then look into your choices. Consider how fast you can get results. Does the bank or credit union utilize automated decisioning so that you can get results in an instant? Automated decisioning is a way that financial institutions can get you answers regarding...more
Index Trading is simple, the term 'Index Trade' refers to a trade that can be placed whether a particular Stock Market Index moves up or down over any specified (short-term) time period. You never actually own the instrument you are investing in, you are simply taking a 'position' on a particular Index to move in one specified direction, either 'UP or DOWN'. There are many global Stock Market Indices, some examples include: XJO (Australian Stock...more
The business of doing forex mainly relies on foreign currency exchange rates. These are the dollars, yen, euros and other such currencies which are being used to facilitate an exchange between various forex businesses. If you are new in the forex business it would be a good idea to focus on a few major currencies first before you move on to dealing with a variety of currency rates. One thing you should understand about forex is that the market can be highly volatile. Changes can happen within a snap and before you know it, rates have already fluctuated and you might need to adjust your business along with these changes.Why does these happen? Well, foreign currency exchange rates are actually tied in to many different factors--both public and private. On the public scenario, the government itself and the relevant finance regulating departments are accountable for changes in the value. They affect the influx of rates and the cashflow that comes in. Sometimes, even the indirect events that the government ensues may have a drastic impact on forex rates (i.e. war, instability in governance). As for the private sector, this would include the banks and other lending institutions. Their...more
As the major economies start to stabilise and the risk of a depression thankfully recedes, many people are reflecting on a few important issues. Firstly, how did it happen? Secondly, how can you better protect yourself in the future?Few would argue against the importance of fiscal planning and research. Opportunities in fluctuating markets, tax...more
As the world slowly recovers from the credit crunch and we look back at what went right and what went wrong, people are increasingly looking to take control of their finances.Many of us are looking to be more tax efficient with our investments. We are also looking to adjust existing stocks and shares portfolios. And then there is considering new...more
With the world in recovery mode, many people are still questioning how the financial markets got so out of control. They are also questioning something a little closer to home; how to better look after their own money and finances.If we are being honest with ourselves, we would probably admit that we can improve on at least one of the following; long term investments, tax efficiency, actively reviewing our existing investments and looking at new opportunities that the markets in 2009-2010 have provided / will provide.Also, I dont think that there are many of us who wouldnt benefit from putting more thought and effort into these key areas. Having said that, there are a growing number of individuals who are making use of a newer, and highly regulated, form of trading.One type of trading, namely financial spread betting, has a range of attractive features and is an option worth considering as part of your portfolio.When speculating though you must always remind yourself that the markets can go down as well as up. With spread betting you can lose more than your original stake or investment.But why trade if there is a risk?Whether you have an existing investment plan or not, it always...more
Getting back to even!! Boy...that has a nice ring to it! After suffering through the market’s near collapse in 2000, I thought I’d seen the worst of it. I’ll never forget...My broker at the time (long since fired) worked...more
So it looks like we have avoided a 1930s style depression however the current forecasts still suggest slow growth and a difficult time ahead. So what should you do in a difficult environment with your own finances?If we were to be honest with...more
In the aftermath of the credit crunch, investors are learning from past mistakes and deciding to take greater control of their finances.Opportunities in fluctuating markets, tax efficiency and planning investments for the future are all motivating...more
So it looks like we managed to avoid a 1930s style depression. However, the current forecasts still suggest slow growth and a difficult time ahead. So what should you do in a difficult environment with your own finances?Diversification of assets, tax...more
The streets (both Main and Wall, to abuse already tired metaphors) are filled with murmurs of both caution and hope, when it comes to real estate markets nationwide reaching the bottom of their tumble and starting to turn upward. Have we seen the...more
To get information on a person the public court records is the place. This information is sensitive in nature and can contain information of the past history, financial, personal or even criminal records. All these information can...more