Investing With FX: When You Don’t Have Much Time or Energy

Screen Shot 2014-08-21 at 8.34.39 PM
Screen Shot 2014-08-21 at 8.34.39 PM

Investing passes a lot of people by. And it’s not like these folks are sitting around sitting on their hands. If you’re like me, you’ve got a million things to do at all hours of the day. What’s more, this probably didn’t start just recently. You’ve been busy for days, weeks, years! Was there ever a time when you weren’t up to your ear lobes in stuff to do? Lots of people feel this way. It’s why people don’t have time for investment. So common is this conundrum that 50% of adults don’t invest at all. I’m not here to spook you, but I am hear to give it to you straight. Because our finances (and the lifestyles which depend upon them) get much more vulnerable as we age, clearly being investment-less as an aging person is not a situation you want to put yourself in. But that doesn’t … [Read more...]

5 Ways Fees and Expenses Are Eating Away At Your Investment Portfolio

draftapp1
draftapp1

If you've ever opened your quarterly investment account statement, looked at your bottom line and wondered why you didn't make a big profit despite market gains then you mostly have experience with investment fees. No worries, it happens to the best of us. I was expecting to see a relatively decent profit gain during the last quarter, but whenopened my investment portfolio account statement I was shocked to see that my net gains weren't as great as my expectations.  It wasn't that the market didn't perform well, it was due to the fees and management expenses. This is why it's so important to research your investment options before making any decisions and understand all fees involved before adding any new investments into your portfolio. What types of fees and expenses do … [Read more...]

3 Reasons Why Smart People Make Bad Investments

Food_Money
Food_Money

Warren Buffett says that successful investing is as simple as never losing money. Sounds simple, right? Well, apparently it’s not simple at all, because many people do not invest, and many people do it poorly. With such a low standard of investment in the United States, it seems like it wouldn’t take much effort to do better than the status quo. And that’s exactly what the case is. Many people would do well at investment if they simply tried. And many who do invest, but fail, would do better if they simply realized that the following habits are a recipe for investment disaster. We Do the Wrong Thing at the Wrong Time. Americans’ sense of “how the economy is doing” is notoriously faulty. This is because economic momentum takes a long time to trickle down to the average person. So just … [Read more...]

Trade Stock From Your Smart Watch? We’ve Got An App For That!

smartwatch
smartwatch

The Apple Smart Watch launches in a few days.  And among the neat features is the ability to trade stock, open and close positions and them some - from your wrist. Hello game changer! This no doubt brings markets closer to traders than with previous applications.  Why?  This takes mobile trading to a new level. Check out some of the game changing features below: Spread bet, trade CFDs, and buy and sell stocks Get iPhone app notifications on your wrist Open positions and view markets from your watch lists Open, edit and close positions, or see all open positions and your last seven days of account activity Create price alerts for any non-binary and non-option markets Use one-tap login and switch … [Read more...]

The 3 Most Important Investments You’ll Make in Your Life – #3 Hits Home

Food_Money
Food_Money

I write a lot about early investments. Once you’ve got a high net-worth, it’s not that hard to build more wealth. It’s not a given, but it’s way easier than when you’re getting started. It’s for this reason that the most important investments you’ll ever make in your life all happen early on. I should point out, though, that not all investments are financial. Everything you choose to do with your time is an allocation of resources that you’re making, even if that resource is nothing more than time. Time is a really powerful thing. If you’ve got a good body and mind, you can do a lot with your time. So considering all of this, here are my three most important investments that you’ll ever make in your life. Learning. The ability to learn and teach yourself is perhaps to most … [Read more...]

#IwantDRAFT: If You Want Lower Fees + Crowdsourced Insights – You’ll Want To Read This

how_to_invest_in_gold_600x450
how_to_invest_in_gold_600x450

By the time you reach 35 your investor fees could easily top out at $350k on your investment portfolio.  I don't know about you but I'd rather not sacrifice that many coins while working towards the golden years. You may be wondering how do I save money on fees while growing my portfolio?  How are others dealing with this issue? Draft has the solution for that problem. They are the first app of it's find to solve such a unique issue.  Investors needing crowd sourced information in order to make better decisions, ask the right questions of their financial advisors while also saving money on fees.  Overall, this results in more meaningful information about your investment portfolio. What does this mean for you?  Draft helps you make smarter decisions by making the investment … [Read more...]

4 Reasons to Consider Offshore Banking

offshore
offshore

You may think setting up bank accounts in foreign countries is for the rich and famous or people who have something to hide, but the truth is diversifying your banking relationships is an extremely beneficial financial strategy. When looking outside our borders to invest, Americans can benefit from different tax laws, new investment options and foreign exchange. The best part is it can all be done with a name you already know and trust. If you're looking for a way to gain new exposure for your personal assets here are four good reasons to consider an offshore bank. Tax advantages Offshore banking can offer Americans tax advantages they would otherwise not have access to domestically. Of course the possible tax breaks depend on a variety of individual factors such as your … [Read more...]

CySEC Regulation of Binary Option Brokers

binary
binary

Ever since the introduction of binary options, there have been a number of complaints from traders regarding the regulation of brokers that offer binary options. Even though there are a few binary option brokers that aren’t placed on the regulation agency list, most of the platforms are now required to follow the rules and guidelines provided by the CySEC regulation agency. By doing so they will be able to build trust with their clients and increase their confidence in the financial services provided. The agency that is responsible for regulating all derivative market agencies is known as the Cyprus Securities and Exchange Commission (CySEC). Similar to the U.S. Commodity Futures Trading Commission (CFTC), the CySEC oversees all matters that are in the derivative market and dispels … [Read more...]

10 Things Your Online Broker’s Been Withholding

make extra money
make extra money

  Today's guest post is from Susan Lyon, Financial Analyst with NerdWallet Investing.    While there isn't much savvy investors can do to protect themselves from the uncertainties surrounding the upcoming fiscal cliff come 2013, they can certainly protect their invested money in other ways. The results were surprising.  For one, over 17 million investors with the 3 largest online brokers - Schwab, TD Ameritrade, and E-trade – are paying collectively at least $1.8 billion too much in fees for the same trade execution and services they could be getting elsewhere more affordably. Next, NerdWallet researched all the most popular online brokers to see whether consumers are overpaying and if there's really a difference between trading with a "name brand" brokerage versus … [Read more...]

How To Start Investing In Mutual Funds For Less Than $100/Month

mutual-funds
mutual-funds

  Congratulations, you have finally hit a point financially where you are ready to begin investing. Yet you are concerned because you don’t have more than $50 to $100 to invest each month. How will you be able to meet all those “requirements” for investing and still make good investment decisions? Now instead of being excited that you have extra funds you begin to feel like you can’t invest because it still is not enough. Stop, before you blow that $50 it is enough money to invest wisely. The three “requirements” for wise investing that may get in your way are: diversification, asset allocation and finding a place that will let you invest without a big chunk of money to put down. Following is a look at how to solve each of those problems and get you investing today. Issue 1: … [Read more...]

Tips On Choosing The Right Private Bank

bank-tower
bank-tower

Private banks have emerged as a reliable platform for those in need of wealth management solutions. If you are a high net-worth individual, then private banking is more likely to suit your needs. You’ll enjoy a number of benefits that are embedded in private banking. Private banks provide their clients with several extra services over regular banking, which include: · Mortgage consulting · Commercial lending · Retirement plan administration · Retail banking The good news is that your bank will tailor these services in line with your needs. Unlike other types of financial institutions, your needs may be satisfied in a timely and confidential way. The input of private bankers is integral in guiding you on how to manage your assets. In the private banking sector, there is … [Read more...]

Forex 101: Pros, Cons and Risks To Consider

Online-Forex-Trading
Online-Forex-Trading

Forex tends to be a financial topic that seems appealing but out of reach for many.  Why?  Unless you travel in certain financial circles, then you don't really hear much about it or about the experiences of many people who actually utilize it successfully to make money.  But it seems so interesting and an easy way to make money!  I'd love to one day fancy myself as a Forex trader but there's so much to learn amidst concerns around the sputtering US economy.  For some traders, these concerns may cause them to stay on the sidelines until economic conditions improve. Consequentially, there's been a fall in transactions on Forex, still, they continue to attract a large user base.  Today we'll talk about why that is: the appeal of Forex, risks and types of trading accounts. The Appeal Of … [Read more...]

5 Tips That Teach You How Forex Professionals Learn To Trade

forex trade
forex trade

Have you ever wanted to dip into the vast ocean of investing, but you didn’t know where to start? With the stock market, commodities, CFDs, indices and more, there are plenty of options to grow your savings. 1.  Educate Yourself 2.  Get Licensed 3.  Register as a Forex Broker 4.  Start Trading 5.  Keep Learning       This post was provided by UFXMarkets, an online broker for the Forex Industry which also specializes in trading commodities, CFDs and indices. … [Read more...]

The Good, Bad And Ugly About The Facebook IPO: Like or Dislike?

Cheryl Casone Fox Business
Cheryl Casone Fox Business

Our friends at Fox Business have partnered with us to bring you the low down on the Facebook IPO.   Cheryl Casone tells us the good, the bad and shares tips to help you decide whether jumping in now while the stock is hot is the right thing to do. Facebook entered the world and soon became a world others sought to enter. Despite millions of people being skilled FB users, not everyone fully grasps the concept of the company going public, as it did on May 18 at 9:30AM. FOX Business Network's Cheryl Casone breaks down the good, the bad and the ugly about the FB IPO, and some tips on investing for beginners. The Good: The average investor can participate. There are mutual funds that focus on Internet and media stocks that you can buy that will give you exposure to the shares. … [Read more...]

Investing In Gold Bullion

how_to_invest_in_gold_600x450
how_to_invest_in_gold_600x450

For many people, the idea of managing finances in a responsible and effective manner is a very new concept. Yet at a certain point in our lives, many of us begin managing our own funds, and for this reason it is extremely important to understand responsible investment and money management. Personal finance is not simply about picking out stocks to invest in and hoping for gains. In fact, there are entire forms of investment that are more about maintaining stability than about hoping for gains. For example, one type of investment that has grown in popularity in recent years concerns putting your money behind a specific resource: gold. While the idea of investing in gold probably seems strange, it is actually a very efficient way to invest your money. Just start out by going to a … [Read more...]