While a SEP takes the form of an IRA, employees still can set up their own IRAs. However, participation in the SEP will cause deductions for contributions to the IRA to be phased out for participants with adjusted gross incomes above certain levels.Employer contributions are excluded from the employee's gross income and are not subject to employment taxes. Elective deferrals and salary reduction contributions are also excluded from gross income...more
The banking and lending practices of countries can vary considerably from nation to nation. Some countries' institutions, when considering issuing a loan to a client, will demand a safekeeping receipt. A common practice in Europe, a safekeeping receipt is often demanded to prove ownership of a particular asset. This practice is not as common in the United States and, therefore, few institutions or companies offer this service. Citi Secured...more
In order to encourage economic growth and reconstruction of damaged area, the U.S. Administration passed a Gulf Opportunity Zone Act in 2005 after the severe destruction caused by hurricane Katrina. The Gulf Opportunity Zone includes parts of Mississippi, Alabama and Louisiana. This act was formulated by the US Congress to offer tax and other financial incentives to corporations that participated in the process of rebuilding of the devastated area.GO Zone Real Estate Investment is a continuation of the numerous stipulations laid down in the Katrina Emergency Tax Relief Act of 2005 also known as KETRA. This plan aims to benefit victims of hurricane destruction and also the tax payers who participated in the renewal of the region. The GO Zone Real Estate Investment extended its hand of help for businesses and real estate companies who got affected by hurricane. This initiative has resulted in surge in real-estate property demand, in economic investment and in job creation.An important part of GO Zone real estate investment targets at construction of casino barges and many other building sites that were destroyed after Katrina. Some of the advantages of GO Zone Real Estate Investment...more
Call me old-fashioned, but I have never been able to view oil exploration companies as investments. Earnings visibility can never be anything but guesswork, hardly any ever pay dividends, most seem to disappear, one way or another without becoming Shell or Exxons...reminds me of a religious belief, professional explorers like to remember the one or...more
If maximizing and optimizing your skills and knowledge in the area of finance or investing is your prime concern, having an options seminar is a recommended step. This is going to provide you with some vital background information about the latest developments in the world of options trading, and it can even serve as a very strong introduction into...more
What is commodity futures day-trading? Day-trading strategies are unique mechanical methods for entering a liquid commodity market early in the trading day, and exiting some time later in the same day for a profit. Keith Fitschen has developed a family of day-trading strategies for the commodity markets that use the same basic market principle to gain systematic profits. The basic methodology uses multiple timeframe analysis to determine the likely trend for each market early in the trading day. When the likely trend is determined, entry is made in the direction of the trend. Trade exit is made in one of three ways: a stop loss point is hit (and the trade is a loss), a profit target point is hit (and the trade is a windfall profit), or the exit is made at the end of the trading day, usually for a profit.Keith Fitschens commodity futures day-trading methods are used in the most liquid commodities in each group: for the grains, wheat and soybeans can be traded; for the softs, coffee can be traded; for the currencies, the yen and euro-currency can be traded; for the metals, copper, gold, and silver can be traded; for the energies, crude oil, heating oil, and reformulated gas can...more
Trading is a process wherein exchange of materials takes places. It implies saying that one item is bought in exchange for the other. One could imagine it as a daily activity where one buys are a required item in exchange for his/her native currency...more
Day trading can be a strong attraction. As a result, day trading courses are popular both online and offline. However, despite its being famous, participants who have attended such courses end up being disappointed. What is then causing the very high...more
The automated forex trading system is the result of the implementation of advanced technology in the field of forex trading so as to relieve the forex traders of the burden of continuous trading. Since the forex market is not bound by any timings, it...more
Mechanical trading systems are a convenient substitute for the manual method of trading which entails a lot of research and analysis on behalf of the trader. Since there are a number of forex trading tools and signals, it is virtually impossible for...more
There are seven main currencies in the forex market which are principally traded amongst each other in pairs and it is the ratio of these pairs which should be taken into account by the trader while conducting a transaction. Within the currency pair,...more
This type of alert message is usually sent by an alert service meant for this purpose and which the trader has to subscribe for in order to receive alerts. A forex alert often consists of essential forex trading tips and is therefore meant as a...more