Monthly Archives: August 2014

Investing in 2014 New Markets

Looking at investing in new markets is an inherently risky proposition, but the benefits can be extraordinary should the investment yield positive results. For new investors, there companies out there like Westrock to help learn the basics and get started. Still, before venturing into a new market, it is always best to get a game plan ready.

Some of the Top Markets

Some of the top markets in the world today include: The United States, China, Japan, Germany, and (maybe surprisingly) Greece.1 Many young investors might be completely surprised by the inclusion of Greece, especially after going bankrupt not that many years ago. So, how does a country go from financial desolation to experiencing extraordinary growth?

Companies like West-Rock might be able to shed more light on the matter, but the simple answer is “basic economics.” There are highs and lows to every type of investment, and countries as a whole experience these highs and lows. Therefore, when a country bottoms out, it makes sense that it will eventually recover. By studying these trends, experiences investors can start identifying new markets to get involved in. Once that is done, these new markets can be ripe for the picking, and offer some absolutely phenomenal profits.

Identifying New Markets

The truth that no new investor wants to hear is that identifying a new market is not an exact science, and it takes almost as much guess work as it does experience. If you are a new investor set on getting into a new market, consider consulting an investment company like West Rock to help give you some better options. In doing so, you at least get the expertise of someone who has been making these sorts of trades. After all, a company that claims “We offer more than just capital: we aim to strengthen businesses by offering management and business consulting and feasibility analysis to help strengthen businesses and further solidify their positions relative to their respective markets.”2 must offer some sort of advantage.

Regardless of how you plan about exploring your new market, just remember that research is king. Never get started on an investment until you explore every option and understand every risk. When looking to invest in a new market that risk is even greater than a typical investment. Once you make a proper assessment, go in with confidence and hope that your gamble pays off. If it does, you can expect some significant returns.

Guide to the new ISA (NISA) rules

Here is our new guide to the government’s new ISA (NISA) investment vehicles rules

In order to take full advantage of any of the potential tax savings that are possible within the government’s guidelines investors should pay special attention to their ‘New ISA’ (NISA) rules. This is now available to all UK resident tax-payers. The original ISA (Individual Savings Account) was a tax wrapper; this has slowly evolved over time, to offer UK tax-payers, an investment vehicle that they can use to protect a portion of their wealth from government taxation in the future.

Important new ISA facts

First of all, the yearly investment limit has now been significantly increased by the UK government to a more generous £15000 per annum!

The second fact of major importance is that you can now hold a mixture of various different investments, such as Stocks and Shares or cash, in the NISA wrapper. Any UK tax-payer should therefore seriously investigate the great possibilities that these new ISA rules have opened up. The UK government has itself published a useful new ISA factsheet which, it is hoped, will help any saver to make the best investment decision.

It is important for all UK citizens to save money which is why the UK authorities are being generous in this instance. We hope that our guide will be of assistance to anyone that is considering the implications of the new rules on ISA investment upon their hard earned savings.

Is there a catch?

You may well ask, is there a catch, and rightly so. If you are transferring your savings from an existing ISA to the new NISA then there are several new ISA pitfalls that you should be aware of in advance of making your investment decision.

Here is our new guide to the potential pitfalls of ISA transfers actioned within the government’s new ISA rules

1) It is important to note that there will most likely be a fee involved if you close your old ISA. There may also be a fee involved when you open your new NISA as well. You must check this first with both your old and new providers before you make your decision.

2)  Note that there may be certain ‘exit penalties’ that are involved in the sale of the investments that you hold within your old ISA. Check first with your existing ISA provider to see exactly what these penalties may amount to.

3) When transferring this years (current tax year) funds take care. The new rules state that this can only be transferred in whole; it is therefore not possible to transfer part of your allowance. Ensure that this is the case or your current ISA may be invalidated costing you dearly.

4) Leaving the transfer of your ISA funds to your new ISA provider could cost you money. The reason for this is that your old ISA provider will be able to sell your investments as soon as they receive the instruction to do so from your new ISA provider. At the end of the day, this means that you would have no control over the sale price of, for instance, any stocks and shares that are held within an existing ISA. It is possible that you can complete the sale of all your sheltered investments prior to the transfer of the ISA funds yourself, helping to avoid this potential pitfall!

5) We think that if you are aware of these important considerations then all should be well during the transfer of your ISA funds across from your old ISA provider to your new NISA provider. We would always recommend that you shop around to find the best ISA provider so that you can avoid making a poorly informed investment decision.

Do compare the various different offerings that are available to find the deal that best suits your own investment needs.

Finding New ISA Providers

Of course, there are many companies that can provide you with this service. Some ISA providers, such as Nutmeg, offer their own new ISA guide and can provide you with the basic financial information that you will need in order to come to the right conclusion before you finalise your decision.

In our opinion the new ISA does provide savers with a great way to mitigate certain tax liabilities. It allows UK Taxpayers to keep their investments together, up to a yearly limit, in one place. The whole process of managing your personal tax sheltered investments is thus made as simple as possible.


The Traps of Alleged Debts

Today more people than ever fall victim to the so-called alleged debts. What is worse, they might not even know about it until it is already too late. Fortunately for some of them, if they spot an alleged debt, they can quickly and without any hassle deal with it and manage to solve the situation completely.

Who can be affected by this so-called alleged debt? Well, anybody can fall victim to it. This type of debt is a fake debt that was caused by some sort of mistake committed by somebody. It can be attributed to clerical error, but it can arise when a bank or another financial institution does “mistakes” on purpose by not complying with the law.

If you suspect that there is something wrong with the amount of money you owe to your lender and you cannot figure it out on your own for one reason or another, you definitely shouldn’t hesitate to contact American Credit Shield. They deal with such cases on a daily basis, so your situation is absolutely nothing new to them. They know what it means to be wrongfully accused of something and they will do everything they can to sort your situation out no matter how complicated it might seem at the moment. All you need to do right now is to sit back, relax and let them take care of your predicament. Of course, you will need to help them a little by providing them with all the documentation they might need to prove that what debt is not what it should be.

If you are in any financial trouble, I encourage you to take the matter in your hands and do something about it immediately. The longer you wait, the worse the situation will only get and you will be forced to take more severe steps to get out of your predicament.

How to choose the best Forex Expert Advisor

Forex expert advisors or automated day trading software, as they are commonly referred to have become increasingly popular both among professional traders as well as those with a regular job and trade forex part-time. Due to this demand in forex expert advisors there are literally thousands, if not more forex expert advisors available today. Some are free and can be found on forums, while some are paid. Forex expert advisors usually range from a few couple of dollars and can get very expensive as well. With so much of choice and perhaps noise, how does one go about choosing a best forex expert advisor? In this article, we offer some quick guidelines and checklist to help you choose one.
Check for compatibility

While there are many forex trading platforms out there, MT4 is probably one of the most widely used forex trading platform which is also free. If you happen to be one of those traders who trade on the MT4, then make sure that the EA you want to purchase or invest in is compatible with not just the current version of your MT4 platform but that you get support and updates for future MT4 platform upgrades as well.

How profitable is the Forex expert advisor

Ask yourself, how much; realistically are you expecting to make from trading a forex expert advisor. A good way to start is to look at your high street bank’s term deposit offers or saving account interest rates. Although these days banks don’t pay up much in terms of interest, having a realistic expectation of 5 – 10% returns quarterly is more than fair. Look for EA’s that can offer a stable profits or returns on a monthly basis that falls within this range

How consistent is the Forex expert advisor

The next step is to consider or evaluate the consistency of the expert advisor. Are the returns stable over a period of time and how big or small are the drawdowns during the forward testing and backward testing periods. This gives you a rough idea on how risky or stable a forex expert advisor will be when applied to your live trading account.

Has the EA been thoroughly tested?

Make sure to also find out about both back test and forward test results of the EA and compare the results to see if the EA’s results are as expected. Also consider which markets the EA was trading and how the general market conditions were during the testing period to get an idea on how the EA was trading during those periods.

Money back guarantee

Most EA’s would fail to check this point off their list, especially those EA that claim to make you rich overnight. Always purchase an EA that comes with a money back guarantee so in the worst case that the EA doesn’t perform as expected, you will at least get your money back.

Is there any such best forex expert advisor?

At the risk of boasting, the ForexFalcon EA checks all of the above points. Consistent in results, generating a 7% return monthly and stable in growing your trading account by keeping drawdowns to a minimum, the ForexFalcon EA works on the MT4 trading platform. It sells for $397 and comes with a 30 day money back guarantee. So in the event the EA doesn’t make you a profit in the first month of trading, you can claim a refund. The ForexFalcon EA trades 18 currency pairs with remarkable success. Learn more about the expert advisor here.


How to Handle Your Personal Finance

Рrореr оrdеr іs іmроrtаnt іn оur dаіlу lіfе as without it our lives would be a constant mess and lack of harmony. Іf thе еаrth dоеs nоt fоllоw аn оrbіt, іt wіll ruіn thе whоlе sоlаr sуstеm. Іf уоur fаmіlу аnd уоur wоrk аrе nоt іn рrореr оrdеr, thеn уоur lіfе wіll а сhаоs. Іt іs thе sаmе wіth оur реrsоnаl fіnаnсе, еvеrуthіng shоuld bе іn оrdеr оr еlsе уоur budgеt wіll bе а dіsаstеr. Аnd оf соursе, nоbоdу wаnts а сhаоtіс lіfе. Еvеrуbоdу wаnts оrdеr аnd оrgаnіzаtіоn, but nоt еvеrуbоdу іs wіllіng tо wоrk fоr іt.

Іf уоu dо nоt kеер uр tо dаtе wіth уоur реrsоnаl fіnаnсе іt іs іnеvіtаblе thаt іn thе futurе whеn lооkіng fоr fіnаnсе уоu wіll nееd tо lооk аt guаrаntоr lоаns іnstеаd оf mаіnstrеаm lоаns. Тhеsе аrе lоаns fоr реорlе wіth bаd сrеdіt hіstоrу. Whіlе guаrаntоr lоаns аrе hеlрful thе bеst bеt іs tо gеt уоur fіnаnсеs іn оrdеr аnd nоt hаvе tо rеlу оn thеm.

Тір Νumbеr Оnе

Ѕеt а gоаl аnd mаkе а budgеt fоr уоur реrsоnаl fіnаnсе. Іn оrdеr tо dо thіs, уоu shоuld dеtеrmіnе уоur іnсоmе аnd уоur ехреnsеs. Маkе а lіst оf аll thе sоurсеs оf уоur іnсоmе. Аftеr thіs, mаkе а lіst оf аll thе роssіblе ехреnsеs. Іf thе оutсоmе іs bаlаnсеd, thеn уоu wіll nоt hаvе а рrоblеm. Ноwеvеr, іf thе оutсоmе wіll shоw thаt уоur ехреnsеs аrе mоrе thаn уоur іnсоmе; thеn уоu hаvе а рrоblеm. Yоu nееd tо аdјust уоur ехреnsеs tо fіt уоur іnсоmе. Іf thеrе іs mоrе іnсоmе thаn thе ехреnsеs, thаt іs bеttеr. Тhіs mеаns, уоu hаvе mоrе mоnеу fоr sаvіngs.

Тір Νumbеr Тwо

Моnіtоr уоur реrsоnаl fіnаnсе mоnthlу. Моnіtоrіng уоur іnсоmе аnd ехреnsеs wіll gіvе уоu guіdаnсе оn hоw уоur fіnаnсеs аrе dоіng. Κееріng trасt оf уоur ехреnsеs wіll hеlр уоu соntrоl уоur саshflоw. Реорlе whо dо nоt mоnіtоr thеіr budgеt аrе thе оnеs whо ехреrіеnсе оvеr ехреndіturе аnd bаnkruрtсу. Іt іs іmреrаtіvе thаt уоu knоw whеrе уоur mоnеу gоеs аnd whісh ехреnsе іtеm shоuld bе рrіоrіtіzеd. Yоu саn rесоrd уоur іnсоmе аnd ехреnsеs usіng а rесоrd bооk оr usіng ассоuntіng sоftwаrе. Тhе сhоісе wіll dереnd оn whісh tооl саn gіvе уоu еаsе аnd соmfоrt. Іt іs bеst thаt уоu usе thе tооl whісh уоu аrе соmfоrtаblе wіth.

Тір Νumbеr Тhrее

Whеn іt соmеs tо реrsоnаl fіnаnсе, thе mоst сruсіаl раrt іs nеvеr tо sреnd mоrе thаn whаt уоu саn асtuаllу аffоrd tо dо sо. Ѕtор buуіng оn іmрulsе. Іmрulsе buуіng wіll оnlу lеаd tо grеаt fіnаnсіаl dіsаstеr. Вuу оnlу whаt уоu rеаllу nееd. Іf уоu аrе а smаll fаmіlу, bulk buуіng іn оrdеr tо sаvе mоnеу іs nоt аррlісаblе tо уоu. Вut, fоr bіg fаmіlіеs, bulk buуіng іs аdvіsаblе. Аlsо, аnоthеr wау оf sреndіng оn thіngs mоrе thаn whаt уоu саn аffоrd іs bу thе wrоng usе оf сrеdіt саrds. Маnу аrе buуіng thіnkіng thаt thеіr сrеdіt саrd іs thеіr mоnеу. Rеmеmbеr сrеdіt саrds аrе fоr соnvеnіеnсе оnlу.

The High Risk Merchant

A high-risk merchant is a type of company that is more susceptible to a loss in revenue due to credit card based refunds or disputes. Common high risk companies include adult escorts, gambling and betting venues, firearms dealers, and even travel agencies and airlines. An airline, for instance, is considered high risk due to the amount of credit card refunds that must be processed due to weather-related cancellations. While the average consumer may not give much thought to this, the truth is that just as processing a credit card payment takes time as well as money, refunding a payment to a credit card also dips into both of those resources.

Companies can safeguard themselves against excessive credit card refunds and disputes by taking the following proactive measures:

clearly posting concise guidelines about making purchases
drawing up written and signed agreements and contracts relating to work performed, services rendered, or plans made
always obtaining a signature for any credit card transaction
keeping detailed logs of all purchases made

Still, even the most meticulous and careful of high risk merchant companies is still going to be labeled as high risk, and thus have to deal with the inconveniences and expenses associated with a high risk merchant account. A high risk account provider is a financial institution who will extend credit card processing services and possibly a line of credit to a high risk company, despite the implied and actual financial risks involved. But this graciousness doesn’t come without a cost to the company who needs credit card payment processing: they will see an increase in monthly expenses, due to both per-transaction fees charged by the credit card processing company, as well as monthly and possibly yearly fees. There are paperwork filing and account setup fees to consider as well.

Still, even for the high risk merchant, there is not another option: since the majority of consumers prefer the convenience and increased security of using a credit card for many purchases, all merchants, both low-risk and high-risk, should accept them in order to not alienate any possible source of revenue.