Category Archives: Financial

Day trading Emini futures for daily income

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Day trading with the Emini S&P Futures is really a great way to make a living! I hear and read many articles, newspaper ads, and even an ezine or two that claim that day trading is a surefire way to lose all of your money. I totally disagree. On the contrary, it’s an incredible way to work a few hours a day and make a very nice 6-digit income.

Undoubtedly, many new day traders are at risk and ultimately lose their money day trading. It bothers me when I read about it. That gives the successful day traders, like myself, a bad reputation. I know some day traders who have been doing this successfully for many years. What I’ve learned is that success leaves its mark! That said, the successful day traders all seem to be doing the same thing, while the unsuccessful day traders also do the same – which, no surprise, is the opposite of what the successful traders do!

We need to examine the root of the real problem, which is why do most day traders lose all their money? I think that’s a really easy question to answer. Usually it’s a lack of discipline and a solid set of day trading rules. Sometimes it’s capitalized and scared. Fear in itself is probably the greatest of the day trader killers.

You can buy books, seminars, and maybe develop your own strategies for daily trading. All of this is great, but if you can’t follow the rules to the letter, you just won’t become a successful day trader. Discipline to follow the rules is a difficult thing! I’ll admit when I started I had a hard time changing my rules all the time. That cost me tens of thousands of dollars. Read more about my successes and failures:
http://www.eminitradingstrategies.com/emini-trader.html

Finally, I learned that the key to successful day trading is income trading. I am not trading at a target price. I know how much money I have to make every day and I go out and make it. Once I hit my daily profit goal, I just quit for the day.

My trading methods are very simple and easy to learn. They require discipline! You must follow the rules at all costs. My methods generate at least 1 point of daily trading with the S&P 500 Eminis. I support this with a double money-back guarantee!

I post my real trading results on my blog every day
http://www.eminitradingstrategies.com/emini-trading-blog/ I do not post “hypothetical” trades. I post real trades with real fills! Some of my trades are winners and some are losers. Anyway, I put it there for the world to see. I urge you to look at them. Every now and then I take a day off, on these days I post hypothetical results and make it clear that I did not act on that day! But even my hypothetical trades are very realistic trades that would have been executed with limit orders!

Please don’t believe when people tell you that day trading doesn’t work. You can make a very nice living day trading. I think the people who do it badly are just the “wannabes” who didn’t make it. Instead of complaining about it, find out why it didn’t work for you! Did you really follow every rule? Did you maintain discipline all the time? Whatever you do, please don’t berate the people who are really doing it! And that successfully every day.

It was only recently that I decided to teach my trading methods. Some of the reasons I do this is because I’m tired of hearing so much negative about my industry. I also have a strong desire to teach. I’ve shared my methods with a handful of people and I enjoy teaching and love to see the excitement and excitement in them. If you have the discipline to follow solid rules, you can be a very successful day trader.

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Source by David Marsh

Investment advice for neophyte investors

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If you know next to nothing, how do you go about investing? The first thing you need to know about investing is how much do you really know? If it’s not much, then you need to read extensively to educate yourself.

In order to be well educated, you should study the basics. Find out what a stock, bond, or mutual fund is and what the differences are between these three financial products and their variables. Read books on finance and investing.

Talk to savvy investors, watch videos and live presentations. Once you understand the differences and risks involved in investing in each individual vehicle, you can move forward with confidence.

Now you can begin the second phase of investing learning. Gain experience by investing in small stocks and learn from your mistakes as well as your successes. But first find out what type of investor you are. Here are some pointers to help you get to the answers.

When you run your investment business, have a game plan and set clear goals for yourself. The answers to these questions will be valuable guides in your endeavors to invest your money.

o What is your schedule for investments?

o In which industries do you want to invest?

o How much money can you safely invest to meet your goals?

o Have you considered your short term financial needs or goals?

o Do you plan to make a living on these investments in your retirement years?

Determine your investment style. Are you willing to take risks? Or do you like steady growth? Think about this thought: will you be able to sleep soundly at night knowing your investments will go down and take a long time to go up? Or would you prefer to hand over your money to a fund manager? Do you like minimal risk in investing your funds? Take into account what type of risk taker you are as this will help you choose the financial instruments to invest in.

How long do you want to invest in stocks? Is it only 15 minutes a day? Or, do you think it’s the high point of the entertainment to spend 7-14 hours a week looking at the financial statements and discussing the merits of those stocks.

Think carefully about the answers to these questions. Knowing what kind of investor you are can help you play out your strengths and minimize the risks of the funds in which you invest.

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Source by Tim Gorman

Investment opportunity times two – or is it four

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On March 23, 2018, the S&P 500 (at $ 2,588.26) lost about 10% from its all-time high of $ 2,872.87 on January 26, 2018, and about 3.2% over the year, presumably in anticipation of an impending trade war .

In addition, rate-sensitive stocks traded near the 52-week lows as bond and other fixed income speculators ran their inventory in anticipation of at least three rate hikes in 2018.

Obviously, a market scenario like this is challenging for:

  • Large market participants (institutional investors) whose bond holdings are shrinking in price.

  • Speculators with far too high P / E ratios and low or no dividend stocks.

  • Income-oriented investors (retirees and “Soontobes”) who have positions in illiquid individual fixed income securities.

  • 401,000 savings account holders whose pooled investment portfolios are conceptually far too heavily invested in stocks.

But it’s a perfect storm of opportunity for Market Cycle Investment Management (MCIM) portfolios. The MCIM process focuses only on fundamentally solid, S & P B + or better rated stocks of profitable, dividend paying companies (investment grade value stocks). No individual stocks are bought until they are 20% below their 52-week highs.

MCIM portfolios are diversified in a number of ways, and each security pays either dividends or interest. New issues, NASDAQ companies, and mutual funds have no place in MCIM portfolios, which also have strict profit-taking that avoids the pain of losing big profits during corrections. In addition, the “cost-based” asset allocation avoids the need to “realign” the portfolio while ensuring annual income growth with asset allocation of 40% or more to higher income.

As markets climb to record highs, the lack of individual equity investment opportunities is alleviated through the use of closed-end equity funds (CEFs). These are managed, classically diversified portfolios that can be traded in “real time”, cover most market sectors and at the same time deliver significantly above-average income (based on expenditure).

The Bucket Income Purpose uses well-diversified Income CEFs (both taxable and exempt) to secure above average income from all types of generally illiquid securities … securities that (in the form of CEFs) magically complete liquid form will become available.

How have IGVS stocks and CEFs fared in the three major meltdowns of our lives?

  • In 1987, IGVS stocks were the first to rebound, and there were no corporate failures or dividend cuts; At the time, CEFs were few and far between and were not a significant portfolio holdings, but individual rate-sensitive securities rebounded as interest rates were lowered.

  • In 1999, IGVS stocks and most CEFs did not “bubble” alongside NASDAQ and rebounded sharply during the flight to quality that followed the dot-com disaster. “No NASDAQ, no new issues, no investment funds” was a successful credo back then, as it should be with the next significant correction.

  • In 2008 it was all fueled up and two or three IGVS financial services companies were crushed in the government witch hunt. Overall, stocks have seen few dividend cuts as IGVS companies recovered from the trough slightly faster than the S&P 500 through 2014. However, earnings CEFs outperformed the overall stock market while theirs was theirs from 2007 to late 2012 Dividends until around 2016 when CEF tax-free yields began to decline.

So while some managed portfolios may have inherent quality, diversification, and return issues during corrections, MCIM portfolios offer new investment opportunities. While some investment portfolios need to use capital to pay retirees a monthly income, the vast majority of MCIM portfolios have excess income that is used for capital growth in any market scenario.

As of this writing, there are four types of investment opportunities:

  • The number of IGVS stocks, falling 20% ​​below their 52-week high, is on the rise.

  • There are roughly forty CEFs that are primarily equity based and represent a variety of market sectors with ongoing returns of between 7% and 9% after all internal fees and expenses.

  • There are no fewer than sixty-one taxable income CEFs representing a variety of types of securities, with current returns ranging from 7.5% to 9.5% after all internal fees and expenses.

  • There are at least thirty-one federally tax-exempt CEFs paying between 6% and 6.6% after all internal fees and expenses.

For the long-term health of your portfolio, make sure you use it … this time. It has been ten years since the last sharp market correction, and it just makes sense to use an investment vehicle that provides the fuel needed to take positions at lower prices. The clock is ticking.

The “add at lower prices” approach is particularly effective with CEFs where each addition:

  • Reduces your cost base and accelerates the return of profit-taking opportunities.

  • Increases your dividend yield on the security and.

  • Increase your annual portfolio income.

What’s the old scout motto? Law…

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Source by Steve Selengut

Retirement provision: step into a secure future

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Retiring is a big decision. Everyone worries about what would happen after retirement. It’s a question that has preoccupied each and every one of us since day one, but when you have a solid retirement plan, there is nothing to worry about. Many of us think that calculating an amount for retirement could give us a rough idea of ​​how much we would need to save.

Online pension calculators can be a handy tool for making rough estimates. Unfortunately, this may sound good, but you will likely be over-spending or under-spending the funds calculated by the amount charged. Unexpected expenses such as an increase in the cost of living or medical expenses can upset your financial situation despite the reserved funds.

Still, you could create a checklist of things that can help and breathe a sigh of relief as you prepare for finances for retirement. To prepare a retirement plan, you can consider several for better future planning. Below are some tips and advice that can help you with solid financial planning.

1. Establishing an Emergency Fund: This fund serves as a financial resource to cover unexpected expenses you may encounter, such as medical, personal, or other unplanned expenses. It would also be useful to rely on your savings account in the event of late retirement.

2. Accounting for health insurance options: It is always a good idea to keep track of your medical expenses and how you would cover those expenses. It should be clear that medical emergencies can get very expensive, especially if you want to retire much earlier. Choose health insurance that will help you cover these costs without spending an extra penny in the end.

3. Tax on retirement income: Many retirees forget the various taxes they are likely to incur when calculating their expenses. It is advisable to seek advice from an experienced pension advisor who will help you clarify the possible taxes that you may incur on your pensions or social security.

4. Browse possible retirement options: It is always a good idea to browse several available options before deciding on one. This process allows you to make comparisons and choose the one that suits your needs.

These are some of the tips and advice that would help you create a rational retirement plan. For more information about the pension options that are right for you, contact a professional advisor in your area.

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Source by Dr Nafisa Ashfaq Motiwala

Cryptocurrency and Taxation Challenges

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Cryptocurrencies have been in the news lately because tax authorities believe they can be used to launder money and evade taxes. Even the Supreme Court appointed a special investigative team to investigate illicit money and recommended that it be discouraged to trade in such currencies. While China has reportedly banned some of its largest Bitcoin trading operators, countries like the US and Canada have laws restricting stock trading in cryptocurrencies.

What is cryptocurrency?

Cryptocurrency, as the name suggests, uses encrypted codes to carry out a transaction. These codes are recognized by other computers in the user community. Instead of using paper money, an online ledger is updated with normal bookkeeping entries. This currency is debited from the buyer’s account and credited to the seller’s account.

How are transactions with cryptocurrency carried out?

When a transaction is initiated by a user, their computer sends a public cipher or public key that interacts with the private cipher of the person receiving the currency. If the recipient accepts the transaction, the initiating computer appends a code to a block of several such encrypted codes known to every user on the network. Special users called “miners” can attach the additional code to the publicly shared block by solving a cryptographic puzzle and earning more cryptocurrency in the process. As soon as a miner confirms a transaction, the record in the block can no longer be changed or deleted.

For example, BitCoin can also be used on mobile devices to make purchases. All you have to do is have the recipient scan a QR code from an app on your smartphone or bring them face to face using Near Field Communication (NFC). Note that this is very similar to normal online wallets like PayTM or MobiQuick.

Die-hard users swear by BitCoin for its decentralization, international acceptance, anonymity, durability of transactions and data security. Unlike paper currency, no central bank controls inflationary pressures on the cryptocurrency. Transaction books are stored on a peer-to-peer network. This means that every computer chip and its computing power and copies of databases are stored on every such node in the network. Banks, on the other hand, store transaction data in central repositories that are in the hands of private individuals who are commissioned by the company.

How can cryptocurrency be used for money laundering?

The mere fact that there is no control over cryptocurrency transactions by central banks or tax authorities means that transactions cannot always be assigned to a specific person. This means that we do not know whether the transactor legally acquired the store of value or not. The shop of the transaction is similarly suspect, as no one can say what consideration was paid for the currency received.

What does Indian law say about such virtual currencies?

Virtual currencies, or cryptocurrencies, are commonly viewed as software and are therefore classified as a commodity under the Sale of Goods Act of 1930.

Since it is a good, it would be subject to indirect taxes on its sale or purchase and GST on the services provided by miners.

There is still quite a bit of confusion as to whether cryptocurrencies are considered a currency in India and the RBI, which has clearing and payment systems as well as prepaid trading instruments, has certainly not authorized buying and selling through this medium of exchange.

All cryptocurrencies that a resident of India receives would thus be subject to the Foreign Exchange Management Act of 1999 as goods import into that country.

India has allowed BitCoins to be traded on special exchanges with built-in safeguards for tax evasion or money laundering activities and the enforcement of Know Your Customer norms. These exchanges include Zebpay, Unocoin, and Coinsecure.

Those who invest in BitCoins, for example, must be charged with the dividends received.

Capital gains from the sale of securities with virtual currencies are also taxable as income and the associated online filing of IT returns.

If your investments in this currency are large, it is better to seek advice from a personalized tax service. Online platforms have made the tax compliance process much easier.

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Source by Ranjeet Das