[ad_1]

For many, approaching retirement age can be frustrating and confusing. Many fail to get their finances right in order to enjoy life in retirement and so frustration takes root and weighs heavily on the person. At forty-five or fifty-five, very few are satisfied with what they have saved up for retirement. The list of regrets cannot end here. A lot can go wrong without an early start. Those well over forty and fifty will be left behind. Here are some practical and easy steps to really get into retirement planning if you are a professional, an entrepreneur, or just someone who cares about the future!

First, the lessons of life are learned through personal experience or through the experience of others. Smart people learn from the latter so as not to experience dire situations after retirement. The very first lesson you should learn about retirement planning is to start saving sooner rather than later. It’s not complicated, and you don’t have to be a financial guru either. With some willpower, guidelines, and knowledge, planning your retirement can be easy, convenient, and most importantly, happy.

Invest

Each paycheck should have about fifteen percent invested in retirement. It can be a savings account or a small side business that, if properly managed, can later become a trusted partner. Retirement goals are great, but if you have less of your income today, you can afford the expenses tomorrow! Forget about your employer’s retirement provision, your own gross income has to keep this percentage in some form for the golden years to come.

Recognize spending requirements

Being realistic about post-retirement spending can help you get a better idea of ​​what type of retirement portfolio to take on. For example, most people would argue that after retirement, their expenses would be seventy or eighty percent of what they were before. Assumptions can prove to be untrue or unrealistic, especially when mortgages have not been paid off or medical emergencies arise. So in order to better manage retirement plans, it is important to know exactly what to expect on the cost side!

Don’t keep all your eggs in one basket

This is the greatest risk a retiree can take. Putting all of the money in one place can be disastrous for obvious reasons and is almost never recommended for single-stock investments, for example. If it hits, it hits. If it doesn’t, it may never come back. However, mutual funds in large and easily recognizable new brands can be worthwhile when potential growth or aggressive growth, growth and income is seen. Smart investments are key here.

Stick to the plan

Nothing is risk free. Mutual funds or stocks, everything has its ups and downs, so there will be ups and downs. But if you leave it and add more, it will grow in the long run. After the 2008-09 stock market crash, studies have shown that workplace retirement savings were balanced at an average rate of over two hundred thousand. The average annual growth rate between 2004 and 2014 was fifteen percent.

[ad_2]

Source by Syed Ali Zain-ul-Abideen

[ad_1]

When it comes to trading cryptocurrencies, you have to speculate on whether the market you choose will go up or down in value. And the interesting thing is that you never own the digital asset. In fact, derivative products such as CFDs are traded. Let’s take a look at the benefits of trading cryptocurrencies. Read on to find out more.

volatility

While cryptocurrency is a new market, it is quite volatile due to short-lived speculative interest. Bitcoin price fell from $ 19,378 in 2018 to $ 5851 in just one year. However, the value of other digital currencies is quite stable, which is good news.

What makes this world so exciting is the volatility of the value of the cryptocurrency. The price movements offer traders many options. However, this is also associated with a high level of risk. So if you choose to explore the market, just make sure to do your research and put together a risk management strategy.

opening hours

Usually the market is open for trading 24/7 as it is not regulated by any government. In addition, the transactions between buyers and sellers are carried out all over the world. There may be brief downtimes with the infrastructural updates.

Improved liquidity

Liquidity refers to how quickly a digital currency can be sold for cash. This feature is important as it enables faster transaction times, better accuracy, and better prices. In general, the market is illiquid as the financial transactions take place on different exchanges. Hence, small trades can bring about big changes in prices.

Leveraged exposure

Since CFD trading is a leveraged product, you can open a position on what is known as “margin”. In this case, the value of the deposit is a fraction of the commercial value. So you can enjoy an excellent market presence without investing a lot of money.

The loss or gain reflects the value of the position at the time it was closed. So when you trade on margin, you can make huge profits by investing a small amount of money. However, it also amplifies losses that can exceed your deposit on a trade. So make sure you consider the total value of the position before investing in CFDs.

It is also important to make sure that you are following a solid risk management strategy that should include appropriate limits and stops.

Fast account opening

If you want to buy cryptocurrencies, make sure you do it through an exchange. All you have to do is sign up for a switching account and keep the currency in your wallet. Keep in mind that this process can be limiting and can take a lot of time and effort. However, once the account is created, the rest of the process is smooth and hassle-free.

In short, these are some of the most outstanding advantages of trading cryptocurrency right now. Hopefully you find this article very helpful.

[ad_2]

Source by Shalini M

[ad_1]

One of the most common mistakes new day traders make is believing that trading the markets has a stable reality.

There is not any. Everything is relative.

Knowing this can actually make your trading easier and allow you to trade with more confidence and higher profits.

We’ll explore the concept in this article by discussing one of the most basic concepts in technical analysis: trend.

Traditionally, an uptrend is defined as the market making higher highs and higher lows, and a downtrend is defined as the market making lower highs and lower lows.

You can look at a 2 minute chart of any market and find a time period when the market is in a downtrend. But does that mean that “the” trend is down? Not necessarily.

If you look at the same point in time on a 60-minute chart, you can see that what looked like a downtrend on the 2-minute chart was actually a very short retracement in a strong uptrend on the longer timeframe.

And you can take it a lot further.

You can have a 1-minute chart, a 2-minute chart, a 3-minute chart, a 5-minute chart, a 10-minute chart, a 15-minute chart, a 30-minute chart. View a chart, a 60 minute chart, and even a daily chart. … and they will all look a little different and give you different perspectives on “trending”.

So what’s the real trend?

None of them!

Everything is relative.

I know people who trade a lot of computer monitors because they are watching 4, 5, 6 or more time intervals of their market at the same time. This is a mistake because it only leads to confusion. It is too much information and completely confusing.

Einstein said we should make things as simple as possible, but not simpler.

While it did not refer specifically to day trading, of course, it is good advice for any area of ​​life, including day trading.

Since everything is relative based on the reference point you set, a trader simply needs to choose an interval of time that they are comfortable with (based on the speed of execution required, risk involved, trading frequency, etc.) on their statement table.

Then I recommend that you also use another chart with a higher time interval (I use one that is three times as long as my set up chart) so that you can see the market from a different perspective. This gives you a bird’s eye view of the market and allows you to experience a “greater energy” so that you know if it is working with you or against you.

This will keep your trading easy … but not too easy.

[ad_2]

Source by Dr. Barry Burns

[ad_1]

Finding a currency exchanger that offers a fast, efficient, and affordable service is a key element of investing online.

When you find an online investment program that you believe will offer a good return and will be available for the long term, you need to find a way to get an investment. One of the difficulties you will encounter online is that payments are not necessarily that simple.

Understand e-currency

To be honest, depositing and withdrawing funds from an online investment program is a bit of a hassle. There are usually several parties involved, which is time-consuming and costly to your disadvantage.

In essence, e-currency is a way to receive funds from your personal account for the program. Some programs allow you to send money via bank transfer, but it can be expensive and also very slow given the way banking systems work.

To overcome this problem, currency providers have set up online to manage the task of transferring funds from your personal account to your chosen payment processor.

In general, the currency is based on US dollars, although more options are now being made available, particularly euro accounts. The currency you choose will generally depend on your location and the requirements of the program you are investing in.

Get to know you

Like all financial institutions, currency exchangers require some form of verification from you before they can transact.

Prepare to provide ID and a utility bill as proof of address. Some may ask for additional information, but in general, what I’ve shown here is sufficient. Usually you can provide scanned documents for this purpose so that it can be done quickly.

Once an account is set up, you can deposit and withdraw funds. Of course, none of this is free and there are some fees depending on the business model. It is best to do your own research when comparing exchangers as certain offers may be better suited to your needs.

Like a raging bullet

As a currency exchanger, another link in the chain that you want to find (in fact, it’s probably best to open accounts with a small number to provide flexibility) is one that offers a fast platform that is easy to use, and gets you covered informs what is happening with your money.

Any delays resulting from a currency exchange can only add to the frustration of moving funds, be it for depositing or withdrawing funds.

Below is a list of some of the online currency exchangers. Take a look at each one to see which one best suits your needs. Given the broad market for these services, there can only be a choice:

1. London Gold Exchange
2. Vela exchange
3. Exchange gold
4. Autocambist
5. AnyGoldNow
6. Asian gold

For a full list, see the Global Digital Currency Association website.

Only choose currency exchangers that offer convenience, speed and realistic fees. Don’t forget that your money is at stake.

[ad_2]

Source by John W Murphy

[ad_1]

When talking about beginner investing, you need to be very careful when comparing equity funds to bond funds, as most beginner equity funds are unfamiliar with bond funds. When I think about it, most of the people who invested money with me when I was a financial planner didn’t understand their bond funds, especially not. In 2014 and beyond, this could be expensive.

Stock funds are a great investment option for beginners looking to invest money in stocks. Most people understand the concept and understand the risks involved. Pension funds are a different story. The majority of the people who invest money in them tend to find these funds very investor friendly. After all, over the past 30 years they have outperformed equity funds (equity funds). In addition, they have rarely had a bad year while equity funds have had some very difficult times.

For the past year or so, a handful of my readers took offense at my warnings about bond funds versus equity funds for 2014, 2015, and beyond. Let me explain and make investing easier for beginners because this is a topic that matters to all investors. After all, to have a balanced portfolio, you must own both types of funds; and this should be one of the goals of every investor.

Issuing equity funds vs. bond funds is really a question of risk vs. potential returns. People understand that the former can be risky, but they accept it because they know it can be very rewarding too. Equity funds, for example, achieved returns of around 30% in 2013. They rose by around 150% from their lows in 2009. For such returns, it pays to take risks. That’s investing for beginners 101. The higher the potential returns, the higher the risk.

On the flip side, few average investors today understand the risk vs. potential return issue in bond funds for 2014 and beyond. In fact, many have committed to these funds. After all, they have been steady performers since the early 1980s and have paid attractive returns (dividends) over safe investments like bank CDs. At the same time, the share price (value) has risen. The problem is, most investors don’t understand the risk involved; and few understand WHY these funds were such good investments.

What I emphasize about Investing for Beginners 101 is that there are few things in the world of investing that you can rely on. For example, you can bet that there will always be uncertainty. And there is one more rule of thumb that you can rely on. When interest rates fall, bond prices (and bond fund values) rise; and when rates go up, they go down. When I was a financial planner, I explained this to every client I sold these funds to. It was seldom an issue, with interest rates peaking in 1981 and essentially falling for over 30 years.

The average investor today has never experienced an extreme economic environment with rising interest rates. In the late 1970s and early 1980s, interest rates rose to historically high levels. Some investors found themselves in their bond funds with losses of almost 50% in 1981. These investments are not safe and higher rates are expected in 2014 and beyond. With interest rates near record lows, that means you run the risk of receiving a dividend of around 3% per year in longer-term annuity funds. Also, the potential for stock prices (value) to rise is bleak as interest rates can’t really go much lower.

Investing successfully is always a challenge, and investing for beginners can be scary at times. I believe 2014 and beyond could be a scary time for investors. Our government has cut interest rates to EXTREMELY low levels to stimulate the economy. Now those in power are trying to defuse the situation. Interest rates could rise faster than expected.

In the debate on equity funds and bond funds, I see the main problem as the fact that the risk is not cheap compared to the potential returns for bond funds because the potential returns are limited, as has been the case in recent years. If the economy falters and interest rates rise, both can be losers … both pose significant risk in 2014 and beyond. Investment Rule # 1 for Beginners Investing: When interest rates go up, bond prices go down and bond funds go down in value.

Don’t despair, investing for beginners can be a challenge. Remember: the risk-reward potential still makes investing money for higher returns a winner instead of safely giving it away and making peanuts.

[ad_2]

Source by James Leitz