5 Key Investing Stages To Help You Achieve Financial Freedom
Sept. 18, 2017 /Lydia Wanjiru/ -- If you want to succeed financially, you must invest. Plan your financial short-term and long-term goals and objectives. It is no brainer that every journey must have a destination. In your financial journey, you need to put into consideration a number of things to achieve your goals at the end of it. This guide will give you a number of steps to take to help you to achieve financial security.
Wealth Management: What All Investors Should Know About Investment Funds
Investment funds are one of the best-recommended options, while it approaches wealth management. They are widely available at a number of price points, making them ideal for investors while they are expert or novice in investment. Investors can choose to invest in funds, in the industries and products they are interested in. They also have the option of the funds that are timed according to their individual needs, especially if they are approaching retirement age.
Chart Patterns - Commodity Market
The chart pattern is one of the most important parts of commodity trade market. The main thing of technical analysis is the price patterns repeat itself which means pattern and setup are repeated function in the commodity market. This pattern gives us important clue about the direction of price movement in any commodity chart. By recognizing the chart pattern we can predict how price will move in near future. There are many types of chart pattern in this market, we can implement those pattern in our chart to improve our trading style. Most of the chart patterns work smoothly in the commodity market. There is a high probability that chart pattern will follow the past movement. This is why chat patterns tools are so much profitable tools in the commodity market. Though they have the high probability to work out in the real market but sometimes those patterns do not work in the commodity market. That’s why you have to be more concern about the chart patterns. When you are using chart pattern analysis you need to be alert all the time.
4 Basic Guidelines Useful in Trading Binary Options
/Lydia Wanjiru/ -- A binary option is a financial option that is considered to be an asset-or-nothing option, because the payoff is either you get a fixed amount of compensation or nothing at all when the option expires. It is also referred to as all-or-nothing or fixed-return options (FROs) and provides access to commodities and foreign exchange, indices, and stocks. Binary options are based on a Yes or a No proposition about whether an underlying asset will be above or below a certain price at a certain time. If the trader believes that the asset price will be below a certain price, he sells the option and if he believes it will be above a certain price he buys the option. Here are 4 steps to help you in binary options trading: 1. Choose the right broker You need to choose the right and legitimate broker to trade with. New binary options brokerage firms are being started every year and so it’s important to do sufficient research on the broker that you opt for. You also need to learn the basic fundamentals and proper trading strategy to be successful in binary options trading. 2. Register and deposit money with your chosen trading platform Read the terms and conditions of the trading platform you have chosen and deposit the minimum amount of money you require to start trading. Binary options are the best way to make profits even with very little initial investment. The minimum deposit for some binary options trading platforms is only $ 1 -$10. The price of a binary is always below $100. Every option bet settles at $100 or $0 and if the bet is correct it is $100 and $0 if it’s not. Make your prediction on the movement of the price of the asset that is if the price will rise or fall. If you predict the price of the asset to rise choose Call and if your prediction is that the price will fall, select Put. 3. Select the asset to trade It’s imperative to select a trading asset in every trade, the expiration time, the amount of money you want to invest and the predictions that you will be making. Trading platforms have up to 180 different assets such as currencies pairs, indices, commodities, and stocks you can choose to trade in either. The choice is between 4 categories of assets but the decision is yours. If you are a beginner, try low-risk trades with good bonuses. Basic tools that come in handy in choosing the right assets are market reports, charts, and economic calendars. 4. Close the trade When the trading closes after the set time, for example after 90 seconds, if it is a 90 seconds investment and you have made the correct prediction, then you win. If an investment is $100 and the payout is 90%, then it means that you will have made $90 in 90 seconds. Traders have an option to close early if it becomes clear that the trade is moving in the opposite direction before expiry.
5 Ways to Invest in Stocks with Little Money
/Lydia Wanjiru/ -- Stock investments are a lucrative opportunity that anyone can venture into even with little money. Investors looking for cheap stocks to buy today can consider buying these 5 stocks: 1. Buy a mutual fund A mutual fund is an investment platform that is funded by the shareholders that trades in diversified holdings usually run by an asset management company. A mutual fund pools money from various investors to purchase securities such as stocks, bonds and more. Shares of a mutual fund are bought and sold by a fund family like the Fidelity, Vanguard or Charles Schwab. Buy a mutual fund with the lowest possible fees.
10 Common Types of Mutual Funds
/Lydia Wanjiru/ -- A mutual fund pools money from a variety of investors to create a portfolio of stocks, bonds, real estate, money market instruments or other securities. Some mutual funds concentrate on a single asset class such as stocks or bonds while others invest in a variety. Mutual funds are bought directly from the fund companies such as Vanguard, T. Rowe Price or Fidelity and more, unlike stock market where shares can be bought from one investor to another. A professional manager for the fund invests the money in different types of assets including stocks, bonds, commodities and other assets. Investors earn from the mutual funds through dividends on stocks and interest on bonds. You can invest in mutual funds with as low as $100 but the majority of mutual funds require a minimum initial investment of between $500 to $3000 and the institutional class funds and hedge funds require at least $1million or more. Mutual funds trade once per day, unlike ETFs.
3 Ways Stock Investors Make Money
/Lydia Wanjiru/ -- One sure way to build wealth is through stock investments. A stock is a share or a portion of a corporation’s ownership. Choosing the right stocks to invest in is a key factor to ensure that you get a solid return on your investments. Investing in shares requires a basic understanding of how stock investments work so that you can make an informed decision when you invest. You need to know how the stock investment will help you make money.
5 Key Variables to Consider Before Selecting the Stocks to Buy
/Lydia Wanjiru/ -- How do you identify the best and the most suitable stocks to buy? Majority of investors buy stocks based on a few things that they can understand such as the price of the stock. A group of other investors tend to invest based on a given emotional attachment to the company like them or their close relative is a client or an employee of that company. However, there are more variables that you should take into account before committing your money in a particular stock. You need to consider these 5 key parameters before you pick a stock to buy: 1. Price- earnings growth ratio The price earnings growth ratio (PEG) is derived by dividing the price-earnings ratio (P/E) by the prospective rate of growth. So, for example, if PE is 20 and the prospective growth rate is 10% then the PEG would be between 1.0 and 2.0 and it means that the PEG is stretched. Therefore, just because a company is growing rapidly doesn’t mean it is an ideal investment even though rapid growth often translates to high valuations Price Earnings (PE) ratios. There are past valuations that can be quite useful in evaluating the strength of the current valuation. 2. Relative strength index Another variable worth taking a keen interest in is the relative strength index. This is basically a measure of a stock’s price performance versus the current one at the market. For a variety of stocks, it ranges between 30 and 70 and the highest being the strongest performers. 3. Consistent Earnings Growth You can consider checking the stock growth consistency as it is an indicator of how the stock is performing. If it has shown a constant growth in the past, then it is also likely to continue the same trend in the future. This boosts investor confidence and you can always check the performance of the stock in the latest three years to find out the consistency of its performance before you settle on it. 4. Coefficient Variance The Coefficient Variance (CV) is a measure of the consistency of the analysts’ findings and earnings estimates. It usually ranges between 0-15 and a low CV of up-to 4 suggests that there is a reasonable consensus among the analysts. When the CV of a stock progresses further and goes beyond 4 then it means that the analysts have little confidence in their given estimates and thus that particular stock is more risky to buy. 5. Free Cash Flow The Free Cash Flow (FCF) is the cash that is usually left after deducting taxes, capital expenditures and paying all the debts outstanding. It means that if a company has Free Cash Flow (FCF) or a left-over of cash, it is retained and used as capital for further company expansions and business developments. A company that has a high free cash flow is worth investing in as that is an indicator that the company is likely to have or currently has a good stock performance.
How Trade a Small Trading Account in the Forex Market
There are many traders in the forex world who often blames the forex market and their account deposit for their failure. But in reality, your trading account deposit or the forex market has nothing to do with you a failure. You are not making a profit in the forex market only because you are not maintaining a strict trading discipline in the forex market. In order to trade the market successfully, you need to have very precise knowledge of the forex market. In this article, we will discuss how we can trade small trading account and become profitable in the in the forex industry.
Simple Gар Trаding Strаtеgу fоr thе Fоrеx Mаrkеt
Thе gарѕ thаt appear оn a сhаrt are рrеttу important. It iѕ a рriсе pattern whiсh саn оffеr information rеgаrding thе direction of thе price and thе strength of thе mаrkеt. On Fоrеx, bесаuѕе оf thе high liquidity, gарѕ аrе nоt thаt frеԛuеnt, but thеу dо арреаr еѕресiаllу after the wееkеndѕ.
Candlesticks In Day To Day Trading
Thе саndlеѕtiсk сhаrt iѕ one of thе mоѕt uѕеd charts in trаding nowadays. It is thought to have bееn dеvеlореd in thе 18th сеnturу bу a Jараnеѕе riсе trаdеr Munhiѕа Hоmmа. Hе diѕсоvеrеd thаt by drawing thе price movements as a “candlestick”, hе will hаvе mоrе information thаt can bе uѕеd in trаding. In timе аnаlуѕtѕ аnd statisticians hаvе diѕсоvеrеd раttеrnѕ which indicate with a сеrtаin рrоbаbilitу a соntinuаtiоn оr a reversal in thе рriсе action оf a сеrtаin instrument.
4 Steps to Become a Successful Forex Trader (for dummies)
/Lydia Wanjiru/ -- To become a successful forex trader, you need to learn, practice and set a clear plan for the trade. Getting into the forex business is easy and you can follow a few simple steps. You need to learn how to mitigate losses while maximizing profits which you can achieve by identifying good trade setups that have a positive risk and reward set up. Here are 4 steps you can follow to become a successful forex trader: Step 1: Research and open an online forex brokerage Research on different forex brokerage accounts available in the market that is regulated by an oversight body. Visit their website, ensure that it has active links and read reviews about them. Find out the transactions cost per trade. Request for information about opening an account with them, you can choose either a personal or a managed account. A personal account enables you to execute your own trades and the broker will execute trades for you in a managed account. Step 2: Use a Demo Account The next step is to open a demo account that acts as a trading account with monopoly money in it which is connected to the live market. You can place trades just like in trading in a live account and have true losses and gains represented in real time. You should be able to trade profitably on your paper trading or demo account. You need to do a lot of practice before you commit your real cash to this trade. Using a demo account, you can practice the trade until you are contented. This is quite helpful because it gives the feel of the trading platform and you get well acquainted/versed with its features. However, do not overtrade on a demo account, switch to a live trading account as soon as you are ready. Step 3: Learn and practice FX trading before going live Another important aspect of forex trading is learning the forex trading terminologies. You can read material and watch webinars to understand forex trading better. Get advice from a forex trainer. You will need to develop unique trading style and strategies as a trader. Developing such strategies takes time and efforts and is a trial and error process. You can choose to become a swing trader, a positional trader etc. Set stop-loss order for every trade. Set a margin of about 2% per single trade. Never place a trade in a bid to compensate a previously incurred loss. Trade at the moment that you feel its right and never fear losses, every trader has them. Step 4: Get the trading capital and start trading Forex trading doesn’t necessarily require a lot of minimum capital to trade. The forex trader should seek to trade on margin. On average a forex broker requires at least $300 to open an account and to begin trading. A general rule of the thumb is to have at $1,000-$2,000 to open a mini account. It helps the trader to have a bit of buffer in case of losses. The idea is to avoid risking the entire amount but rather have just a higher cushion so that you can remain as a trader for longer. It is difficult to know when you are fully ready to switch to live trading. The process should take about a month after you gather a good understanding of the market and the risks involved in forex trade. You need to analyze the market and then determine your margin. You can then place your order, for example, a market order, a limit order or a stop order. It takes time effort and passion to become successful in forex trading. Keep on keeping on until you all master the tricks of the trade.
45% of Teens Say They’re Stressed “All the Time," Turn to Online Resources and Apps for Help Says Poll on Stress and Mental Health
Allergy Standards Limited (ASL) attends the United Nations Assembly: Innovation & Collaboration for a Sustainable World