Guest Contributor on Money Questions and Answers Blog

4 Tips for Your First Year Trading Digital Options

During your first year of trading digital options, it’s important you make the right decisions. Aside from the effect they’ll have on your profits, the wrong decisions could quickly leave you disillusioned with an otherwise great way of making money.

Tips for Your First Year Trading Digital Options

Here are four tips for your first year of trading digital options.

Take It Seriously

For many of you, this is a no-brainer. For others, though, it’s very important that you hear this advice. Trading digital options has become hugely popular all over the world, in large part because it’s exciting and can really get your adrenaline going. Simply put, it’s a lot of fun.

That’s also why plenty of people condemn trading digital options. They began with hardly any research done and almost no time spent learning what this kind of investing entails and so, predictably, they lost a lot of money.

Your entire first year of trading digital options should be seen as one big educational experience. While every trader needs to be a lifelong learner, it’s especially important now. By all means, get in and start trading, but spend ample time continuing your education and learning from your mistakes.

Take Your Time Selecting a Broker

When you’re all excited about trading digital options and when you’ve already done your homework, in terms of learning about this field, it can be all too easy to pick the first broker you come across just so you can start making moves.

However, the broker you choose will have a massive impact on your first year of trading digital options. Every trade you make will go through them. Their response time will be crucial. The technology they offer for trading digital options could make or break your results.

Furthermore, once you pick a broker, it’s not always so easy to dump them for someone else. You could have to jump through all kinds of hoops before you get your money back and can begin investing again.

Wasted Time, Lost Revenue, Less Customers

by Guest Contributor

Looking for ways to improve your employees’ overall efficiency and effectiveness on the job?

Curious as to how you can identify the employees whom you suspect are abusing company time?

Just what are these devious team members up to on the clock anyways?

Let’s take a look at what the statistics say about the mischievous employees who abuse company time, and then we will look at some solutions to this problem.

Recent survey data (responses from 750 employees) shows that 31% waste approximately 30 minutes a day, another 31% waste approximately 1 hour a day, and 16% waste approximately 2 hours a day.

Do I have your attention yet?

How about 6% of those respondents that waste approximately 3 hours a day, and then another 2% who waste approximately 4 hours daily. Another 2% openly admit to wasting 5 or more hours daily on the job.

Do the math and you can see your profits walking right out your front door. These employees are taking valuable company time and resources and using it for their own selfish ends. This affects everyone within the organization, including your customer base.

The range of activities that they are partaking in on company time ranges from texting, social media browsing, internet surfing, and unofficial smoke and snack breaks (this data is from 2,138 hiring managers and 3,022 full-time employees).

Top 5 Easy Ways to Make Money Selling Physical Products Online

by Guest Contributor

How to Make Money Selling Physical Products Online

As the Internet has evolved and eCommerce and delivery systems have improved, more retailers have decided to sell their physical products over the internet and make money selling online. Setting up an online store that sells physical items is a relatively easy and affordable way to start an online business, and you could be selling your products pretty quickly to a local and worldwide market. How to Make Money Selling Physical Products Online If you’re not sure how to sell physical items online, you may get inspiration from the list below. Third Party Ecommerce Systems If you want another company to take care of the technical side of your online business, you have a wide range of third-party shopping systems … Read more

Suppose There Were Designer Mice

by Guest Contributor

Rats are lonely creatures. Who likes a rat? But, little mice are another thing. Cute, furry, twitching nose, who can hate a mouse? What about mouse ear tags? Cute may be why people empathize with the treatment of laboratory mice. After all, they are bred to be experiments in research. But, suppose there was a design feature that improves their treatment. Suppose there were designer mice. Mice are selectively bred to prepare them for research. They are systematically bred to have certain chromosomes and specific DNA to respond to trials. According to its guide on handling and treating lab animals, Novartis AG (Basil, Switzerland) says, “Nowadays, an enormous number of different inbred and outbred mouse strains, including genetically modified mouse … Read more

Money Saving Facts: To-Do-List To Ensure Employee Productivity

by Guest Contributor

We’re now in an era where competition has greatly heightened with old players fighting to hold on to their positions. Digital developments have taken the world by storm and provide new players with a more level-playing field. The numbers of entrepreneurs have surged in recent years and we’re seeing more innovations in different industries.

How to Increase Employee Productivity

In an effort to increase competitive edge, employers are observing worker productivity more and finding ways to increase employee productivity. There are now several technologies aimed at promoting this but are these really the solutions? Or, are they Band-Aid approaches to a larger business issue?

Cut your employees some slack.

Heavily monitoring your workers can increase pressure on them, increasing stress levels over time, even without additional workload. Mental limits do exist. Time spent working does not necessarily equate to the quality of work.

Breaks can consist from taking short naps to sitting at the computer doing non-work activities, anything that allows the brain to take refresh. Discuss with your leaders and your employees to see what works best or what kind of activities you can allow during work hours.

Be supportive to subordinates.

When you’ve noticed an employee that has been performing consistently poorly or there was a sudden drop in productivity, take time to engage with the worker concerned. This person may be undergoing a deep personal issue that’s preventing focus on work.

Establishing a supportive approach would not only help you find ways to work around the issue but would win your employee’s loyalty. That is a strong foundation for productivity. Be human. We all have those days. When reprimanding, do so in private and avoid using derogatory speech. If anyone deserves praise, jump at the chance.

5 Things to Do When Consolidating Your Debts to Save

by Guest Contributor

Moves to Make With Your Finances When Consolidating Debts

According to the American Economic Statistics Office, the average American had credit card debt of over $5800 in 2015, with households averaging over $15,700. These debts come from a number of different credit cards. With the debt coming from a number of different sources, the process of managing one’s finances becomes a bit more tedious.

In order to make this process less tedious, people consolidate their debts into one. In some cases, debt consolidation would also come with lower interest rate. Another alternative is to apply for a loan with more favorable terms to pay off some more expensive debts.

5 Things to Do When Consolidating Debt

Personal finance experts have varying views about using debt consolidation a tool for improving one’s finances. However, regardless of what you might have heard or read about debt consolidation, here are some things you should do if you ever decide when consolidating debt.

Write Out Personal Finance Game Plan

It might sound harsh, but the reality is that most people find themselves in debt because they don’t budget. Put simply, budgeting is the process of planning your future expenses based on your expected income. A Gallup survey once revealed that two out of every three Americans do not budget. Don’t look too far, this data show why many people are in debt.

Since making your finances look better is the reason you’re planning to consolidate debt, it’s important to start with a budget. It helps to have your financial plan written out. There are tons of apps available these days that can make the process easier.

Average American has credit card debt of over $5800, with households averaging over $15,700. Click To Tweet