To "get a better average price", new traders often add to trades that are already losing. They think they will be able to break even when the market goes in the direction they want. However, most of the time the market moves further against them. A previously small and manageable loss, becomes large and catastrophic.This story's moral is simple. To profitably trade Forex, never add to a trade that is losing. This is a very common pitfall that...more
Today a mobile phone is an expression of life. It serves its owner in various ways but none of them is more important than the mobile banking function provided by almost all carriers today. Credit unions have already started gearing up for the digitised age by empowering their customers so that banking becomes easier, quicker and foolproof through the mobile phone. Experience Mobile Banking the bank is in your hands now.Mobile banking is also...more
The customer should be very aware of the financial services he is paying for. The excess usage of credit cards has created a list of unsecured liabilities in the United States. During the period of recession, a lot of people have converted to defaulters from simple account holders and thus debt management has gained popularity as a result. Unemployment in the United Sates is rising and credit cards are unsecured liabilities. Hence the customers do not submit any guarantees to the bank for settlement services. Debt Management refers to the lessening of credit card bills in a legal manner.In case of secured loans, the customer has to submit a guarantee to the bank. In this case, the bank liquidates the guarantee that has been submitted by the customer. However in case of credit cards, there is no such guarantee and the bank uses the employment details of the customer to allot the card. If the customer is not well established in terms of his employment then he does not get a card. Thus without an employment, it is hard to pay credit card bills.Most customers are not aware of some of the important factors involved in debt management. For instance, they do not have enough idea of the...more
The present solutions to an unsecured debt are very different from the ones available few months back. The economic conditions have changed drastically and at present credit card debt services are being used for the reduction of unsecured bills. Settlement companies are hired by the people who think that they would be unable to pay their bills to...more
Author: vish ksIf one takes a deeper look into the different aspects of accounting, one will find that it is not free from limitations. Financial accounting gives room for alternative treatment. Basically, accountancy is based on the ‘generally accepted principles’, but one will see that there is more than one principle when it comes to the...more
As I promised last week, this week I'm sharing a few more items that apply to both business owners and real estate investors. Here they are!#1Check Your VehicleThe vehicle deduction is one of my favorite tax deductions because it has the ability to turn non-deductible personal expenses into legal tax deductions. This creates permanent tax savings!To make this tax reduction strategy work, there are a few things that need to be tracked.First, your mileage needs to be tracked. This means tracking how many business miles versus total miles you put on your personal car in a year.Your business miles divided by your total miles is your percentage of business use. This is a very important percentage because it is applied to your total vehicle expenses to determine how much you can deduct.This leads to the second item that needs to be tracked, which is your vehicle expenses.Vehicle expenses include:Maintenance Tune-ups Replacement parts New tires Gas Oil Washes Car loan interest Depreciation Lease paymentsThese expenses add up, which can mean big tax savings!The final item to track is how to actually claim your deduction. This depends on your business or investing activity and the type...more
To be able to get more ways to make extra money with the higher conversion rate, you have to be able to set yourself into the trousers of a typical visitor. Would you be eager to do something, right after you landed to your own homepage?1. Use Call...more
The holiday season is upon us and there is a high probability that many of us have already exhausted our credit limits, leaving little or nothing to go-ahead with the much-awaited season's shopping. Many homeowners find themselves in similar...more
With the economy in the deepest recession it has seen in decades, many companies are struggling to stay in business by reorganizing, filing for bankruptcy or, unfortunately, liquidating groups of assets or the entire business. However, these...more
You have seen the ads. Credit score below 600? Below 500? Even worse than that? Slow pay? No pay? Need a loan? Forget it! And for most of the "no credit check" offers, the terms either involve almost no time to pay back the loan, or huge interest...more
Ask just about any trader about a stop-loss or trailing stop and every single one of them will have advice on how to use them. But, what about managing profitable trades?One of the most difficult skills for novice traders to master is the art of...more
Basically loans fall into two general categories , and what these categories are are unsecured loans and secured loans.As the name unsecured clearly states unsecured loans require no security of any kind, and this is what makes them available to both...more