Should I rollover my 401(k) or 403(b) into an IRA?If you wonder what to do with the 401(k) or 403(b) you will end up with because you're leaving your employer, consider all your options so you can make a decision that fits your circumstances. Although 401(k) and 403(b) plans differ in some ways, the information below applies to both.What are your options?Leave the money in the current 401(k) if an employer allows that option.Roll the money over...more
Online share trading has caught up with many, and people have taken it up seriously, either as a hobby or as a career. It is infact an incredible way of investing money and puts you into a position of control. However, like any other business, online trading has its fare share of risks attached to it. Here are a few tips to help you trade your shares effectively online: First and foremost you need a system to follow. With a well-planned and...more
Ok, so you're ready to set up your UK spread betting account. The procedure for opening a financial spread betting account is really very straightforward. You either visit the spread betting site, say, City Index and ask for a brochure pack or fill out the online application form. Opening an account is very simple and you can apply online or call their sales team with the whole process taking just a few minutes.The spread betting provider will want to know if you have any outstanding bad debts and whether you have a fixed address; basically the standard things that you would associate with opening a bank account. It is important for the firm to protect itself and ensure a prospective client has sufficient experience.What if I have never traded derivatives before, just bought and sold shares?Defining sufficient experience is really a discretionary assessment. Spread betting providers such as Capital Spreads, Finspreads or IG Index will ask you about your present employment and income to see if you can really afford it. If you are new to spread betting, the broker will refer you to their trading academy so that you can learn more about the product and trade with a demo account...more
A lot of people found out about CFD and spread betting shops from their buddy on the trading desk. The media coverage over the past years led by the Financial Times, and some of the other periodicals, have done a good job of covering derivatives broadly. What I've seen occur as a result of that is a higher awareness and a higher interest level from...more
I was comparing the costs of shares trading to spread betting just three weeks ago when I was comparing Footsie 250 stocks and various spread betting prices and, let's say you'd got in and then got out straight away. In nine times out of 10, out of about 30 shares I looked at, it was cheaper to go down the spread betting route. You have an element...more
A Health Saving Account is a tax advantaged savings account which is combined with a qualifying high deductible health insurance plan. This savings account is then used as a tool to save money for current and future medical expenses. Although health plan savings accounts are very popular, still many people do not know much about them. When researching HSA accounts, there are some things to consider.Pre-Tax Contributions to Health Savings Account A health saving account is kind of like an IRA but for your health. Any contributions you make into your HSA account go in tax free either as a pre-tax payroll deduction or as an above the line deduction on your taxes if the contributions have been taxed prior to being made Most anyone can build up enough savings for health expenses if they put a bit of each pay check into their health savings account. Allow Budgeting People sometimes have a difficult time budgeting for their health care. Having a HSA health savings account provides a mechanism to save and budget for health care With the help of the HSA account, one can budget a percentage of one's income to carefully plan their finances and to help avoid the large medical bills that might...more
Growth and stability are the buzzwords for the Indian stock market at present giving investors, justification to smile. International corporate players are no doubt attracted towards investing in India after analyzing market statistics that ensure...more
Having a secure future is the aim of every living person. The main factor for securing a persons future is monetary security. Everyone wants to save a huge amount of money, which can be utilized in future needs. Nowadays, the market condition has...more
Successful investing in stocks or funds is diversifying the risks involved by spreading the assortment across various categories of assets. Whether it is investment funds like mutual funds, hedge funds, index funds or trading in shares, do take into...more
What people most care about in their life is securing their future. Securing future means the preservation of their hard earned money and proper utilization of it. Anyone can earn thousands or millions of bucks all through their life. But, it is...more
Future trading strategies does not involve making of trading decisions on a day to day basis about buying or selling your commodities having a managed account, it only requires that you understand the dollars and cents of future trading profits and...more
There's tough competition for forex trading these days and that is something that cannot be denied. People are choosing to try forex even if they are just doing it on a part time basis. The reason for this is that forex can prove to be a very...more