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Investing

5 Clever Ways To Invest Your Tax Refund For Your Future

Tax refunds are great, aren’t they? They feel like free money, and most of us are all too willing to treat them as such, splurging them on things we want but wouldn’t normally buy.

However, tax refunds are not actually free. They’re a repayment of extra tax you’ve paid, without earning interest on it. In 2015, the average tax refund was a little over $3,000, so make up for lost time by investing your refund in something that gives you long-term benefits.

Here are three major areas to consider:

Insurance protection
Emergency savings
Extra funds for fun activities or your own interests

We’ll look at these in more detail below.

June 14, 2016

Investing

Investment Wisdom For Every Age

No matter what your age, it’s never too late to start investing for your future. Your investment needs and investment strategies might be different depending on your age, but investing in general is a good financial move. The purpose of this article is to provide some investment wisdom for people of any age.

1 Ask Questions

It’s okay to ask questions about what you do not understand. Even experts didn’t start out as experts. They had to learn from ground zero just like everyone else. If you have funds through an investment firm, ask them questions because they want to help you – when you make money, they make money. Other sources of education are libraries, the internet, and friends or colleagues. So, go ahead and educate yourself. Just be careful to verify advice that you are given as some well-meaning friends or colleagues may be giving misguided advice.

2 Diversify

You’ve probably heard the expression, “Don’t put all of your eggs into one basket.” When it comes to investing in stocks and mutual funds, this is good advice. If you only invest in one company and that company goes bankrupt, you could lose your entire investment. It is best to invest in at least a couple of different options so that if one isn’t going well, you have others that probably are.

April 16, 2016

Investing

Top 3 Trading Tips For CFD Traders

You’ll find many CFD (contract for difference) contract trading tips, strategies and ideas on different sites that claim to transform you to a pro-trader overnight. Frankly speaking, that’s not possible until and unless you are the next “Buddha” (The Enlightened one). A novice trader can become a pro only through experience, properly backed-up by study, excellent analysis power, and a close watch on the market. There’s no Holy Grail of trading. There are certain rules and some proven strategies, whose proper application by the trader can not only help in increasing the equity curve but also help in restricting loss (which is an inherent part of every kind of trading) within a certain extent. In this blog post, some of the most effective CFD trading tips are shared so that they can succeed more times than they fail.

Trading Tips #1 – PPC Formula or Preserve Precious Capital

This idea of trading has been taken from the book “High Probability Trading”, written by Marcel Link. Per his capital preservation and money management suggestion, every trader should first try to protect his/her money from any kind of loss and then think about profits. Marcel says a trader must try to preserve his capital first and keep the losses to small sizes.

March 10, 2016

Investing

What Are Binary Options?

Today, an increasing number of people around the world are trading in binary options, trying to capitalize on the high return on investment that this straightforward concept provides. The good news is that you need zero trading experience as all you have to do is speculate whether the asset will go up or down, placing a call or a put option in your trade, depending on the direction of the market.

What are binary options?

Binary options are investment vehicles that allow you to trade on price fluctuations of underlying assets and basically predict whether the asset’s price will rise or fall within a specific time frame. Although they provide access to stocks, indices, commodities and foreign exchange like traditional options, binaries differ in their liquidity structure and investment process. When investing in binary options you take into consideration the direction of the market and you predict whether the option will rise or fall up to the expiration date. If at expiry, your prediction in on the right side of the strike price, i.e. the price that you can exercise your option, you get a fixed payoff. If at expiry, your prediction is wrong, you lose your initial investment.

March 7, 2016

Investing

Maintaining Capital With Precious Metals

Precious metals are more helpful than ever before when it comes to maintaining capital, and among the metals that are sought after for their reliability are gold and silver bullion. People have valued and protected their gold and silver throughout history — as some of the most valuable commodities, they have always been used and documented as currency. Companies now exist that will provide clients with the most stable financial protection using gold, silver, and diamonds as hard assets.

Gold has a negative correlation with traditional portfolios. For one thing, when the stock market crisis occurred in 2008, gold was helpful in turning it around. While other assets such as stocks, bonds, hedge funds and real estate plunged in huge nose dives, precious metals like gold and silver bullion saved the market. Throughout 2008 to 2013, such metals gained an average of 32% per year. Bullion is a very simple investment to make because one simply buys a block of gold and then ensures that it remains safe and protected until one is ready to liquidate its value.

March 4, 2016

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