When it comes to trading, there are many asset classes to trade. These include stocks, bonds, options, futures, commodities, foreign exchange (forex), and others. There are also many ways to enter trades. You can buy or sell stocks, or call and put options on them. With foreign exchange trading, you can buy it at spot, get a futures contract, or an option on futures. Doing it all from a single account is not that common. For example, a typical online broker will offer its clients an opportunity to trade stocks and options. But not foreign … [Read more...] about TorOption: Binary Options Simplify Trading Financial Markets
Archives for November 2015
I wrote an overview of Dave Ramsey’s baby steps system from his book, The Total Money Makeover, and I have been dissecting each of his individual baby steps as well. The Total Money Makeover is a personal finance book that I highly recommend and one of the greatest personal finance books to read. Today, we will look at Baby Step 4 in more detail which is to invest 15% of your income for retirement. There are seven Dave Ramsey baby steps that you should follow in order that will lead you to financial peace. Dave … [Read more...] about Dave Ramsey’s Baby Step 5 – Save For College
The holidays may be over a month away, but hopefully you have already starting to think about what gifts you're going to give your family and friends this year. Well if you're in need of some inspiration, what about an iPad? You may start thinking that an iPad seems like a mighty expensive gift, but it might be well within your budget if you purchase a Certified pre-owned iPad from a company like Gazelle. Sure, a brand new iPad might cost a pretty penny, but if you purchase a Certified iPad, you'll find that … [Read more...] about Buy A Certified iPad From Gazelle This Christmas
Property flipping -- where people invest in buying a home only to fix up problems and quickly resell at a profit -- is a healthy business practice, but one that is open to potential for abuse. Many flippers attempt to push properties that they haven't done much work on. Often, they consider it adequate to slap on a coat of paint in a few easy-to-notice places, add a new refrigerator and stove to the kitchen, polish the floors, and sell on an inflated price. In many cases, flippers work actively to hide problems under attractive … [Read more...] about Things to Consider When Buying a Flipped House
To those who find it a challenge to manage their finances around one mortgage, the idea of buying a second home can seem like a stretch. There are good, workable ways to approach the idea of a second home.
They call it the property ladder for a reason - once you have one home, moving to more properties becomes easier. Aiming to buy a second or third home shouldn't even count as financially ambitious.
Buying a Second Home
If you're like most middle-class families, you probably need to plan for and income of £50,000 a year once you … [Read more...] about
Buying a home is a smart investment in your own future, and it's an aim everyone should start with as early as possible. Nevertheless, in some cases, it does make sense to put off such an investment -- such as when you are unsure of the future of your job, or your marriage, or when home values appear volatile. Saving to buy a home even when you live paycheck to paycheck is possible. Most people who put off the decision to buy a home, though, have none of these reasons in mind. They simply choose to delay the day they buy, because they … [Read more...] about How to Save to Buy a Home While Barely Make Ends Meet
There is a right way and a wrong way to begin investing in stocks. But sometimes new investors have to learn the hard way. A coworker recently talked to me about investing in stocks for the first time. He was proud of himself for finally taking the plunge into the market to buy a few shares. And, then I asked him what he had bought. He said that he had bought a couple of shares of Ford Motor Company (Stock Symbol: F). He also bought a few shares of some other well-known blue chip stocks like General Electric, Dow Chemical, Walt Disney, … [Read more...] about You’re Wasting Money Investing In Stocks