Home > Guide > Money and Finance
12 Options trading strategies to know
The bear put spread It is a strategy that involves buying one option and selling another with lower strike prices but with the same expiration date. It can be considered moderately Bearish because it does not provide upside potential if stock prices go up by more than expected while still offering some protection against downside risks if things turn out differently than planned. The short straddle One of the more profitable options trading strategies, short straddles, is also very easy to execute. They involve buying an equal number of Calls and Puts with the same strike price and expiry... ❯❯❯
Financial Planning Tips for 2021
There's a lot going on in the world. Pandemics, political changes, economic shifts, and other major transformations already in place for the 2020's mean it's essential to get your personal finances in order. There's no need to panic, but there is a need to polish skills, take a second look at the family budget, and find a few new ways of generating extra income. Whether you're single, sharing a household with one other person, or part of a large family, the following suggestions could bring peace of mind for the upcoming decade and what is shaping up to be a volatile year, 2021. Make Saving... ❯❯❯
What is a Mortgage Protection?
Also abbreviated as MPI, Mortgage Protection Insurance is a type of insurance product that works almost similar to other conventional policies, only that it is meant for a mortgage payment. Such that, it is created to help pay off a mortgage in the event of the death of the policyholder. Depending on how big your mortgage is, you buy a policy with enough protection for the loan, then pay premiums until the policy ends. The policy benefits are only paid out to the beneficiary when you die during the term. What’s Unique About Mortgage Protection? While mortgage protection works similarly... ❯❯❯
How Can You Make Money Online by Using Bitcoin Technology?
Bitcoin loophole is a software used to make big profits by trading digital currencies like bitcoin. It is a ground-breaking cryptocurrency software. The digital currency has been part of the financial world since 2009. Here the two major cryptocurrencies are bitcoin and Ethereum and have become the only household name within the last few years by making some people millionaires overnight. Thus more and more people are looking for cryptocurrency trading software so that they can too make money and get in on the cryptocurrency trading action, thus bitcoin loophole takes centre stage. All... ❯❯❯
Exercise Caution When You Deal With Your Debts
There is no doubt that you can handle much of your debts on your own which sometimes may prove to be a very productive attempt but you will need to exercise enough caution while doing so. There is a lot of complications in debt management and it will differ according to the type of debt you currently hold. One small error may lead you into further trouble which you may find very hard to resolve. If you are unsure or new to debt management or when you feel that you need the assistance of a debt consolidation company, go for it. It will be far more effective and result driven that your DIY... ❯❯❯
Student Loan Consolidation Is An Easy And Effective Way To Take Worries Away
If you want to reduce stress and take your worries way regarding paying off student loan debt then there are a few easy and effective options that can make the situation less overwhelming. Since you are not the only one facing such a situation, you should not think that there is no way to deal with such an issue. Going by the statistics, there are over 40 million former students that still face the brunt of student loan debt. This is because most of the former college students do not know about the ways in which they can pay back their debt. Fortunately for you, there are useful programs... ❯❯❯
Facts about Debt Settlement and Debt Consolidation
An average of 80% of Americans have withstanding debts, states www.msn.com. There have been times when it becomes extremely difficult for a consumer to handle all his debts. During these times, it is obvious that he tends to opt for a debt management program. However, there is a lot of confusion that arises between debt settlement and debt consolidation. Consumers find it difficult to understand, which program they should opt for. If you are also in a similar situation, it is suggested that you get to know about the various facts that are associated with both debt consolidation and debt... ❯❯❯
Ownership And Taxation Are Few Things To Consider For A New Investor
Being an investor you will want to put your money in assets, tangible or intangible, but the thing is you must know how to own those assets, where to own those assets and how these will affect your income in the long and short term. All these facts and knowledge will make your investment fruitful. Assuming that you want to invest in business equity of a publicly traded business, there are two specific types of ownerships that you can choose to have. Outright Ownership: This is a specific type of ownership wherein you buy the shares outright from any individual company directly. That mans... ❯❯❯
Decentralized Exchanges (DEXs): What You Need to Know
We all know that bitcoin and other cryptocurrencies have become a hot topic in recent years. Almost everyday we can hear news about cryptocurrency and the blockchain technology. New startups related to crypto band blockchain are being created at a very fast speed. Among the many applications of the blockchain technology, one that has been getting a lot of attention recently is the concept of decentralized exchanges, or in short, DEXs. What is a decentralized exchange? Well, to answer this question, first we need to understand how traditional exchanges work. Most cryptocurrency exchanges... ❯❯❯
What You Need to Know About ICO (Initial Coin Offering)
There is a growing interest, in fact exponential growth in interest in ICO (Initial Coin Offering). Financial experts are getting excited about the currency, but despite the apparent successes, so far these are miniscule in the grand scheme of investments world-wide. So why the fuss? The reason being is that so far, that have been no major upsets in terms of investment loss. As long as something appears to be successful then there is going to be an interest, curiosity is probably a better description. What is ICO? A very simplistic way to describe ICO is it is currency. It is just a... ❯❯❯
Fund the Best Moves for Your Business Needs
Whether you have run your business for many years or only a short amount of time, you know all too well the demands that come with it. From meeting your projected financial goals to making sure you hire the right people each and every time, the days of everything running entirely smoothly are few and far between. That said there is no reason you have to let your business get the best of you if planning is your strength. With the proper amount and execution of planning, you and your business can enjoy many successful years. As mentioned a moment ago, financial goals are oftentimes the... ❯❯❯
3 Tips for a Successful Move to Arizona
If you live in the Northeast, Midwest, especially the Plains States, you’ve likely had your share of winter before it even reaches the official halfway point of the season. Unless you are a cold weather and/or snow enthusiast, the idea of spending three to four months hibernating from the cold does not sound like tons of fun. That said what if you could get away from the snow and cold for good? If the right opportunity came along, would you jump at it? For some people, those opportunities do in fact arise from time to time. Why the Grand Canyon State May Be for You While Southern... ❯❯❯
What Is Blockchain and What Are Its Advantages
Blockchain has become a hot topic in recent years and you can hear or read about blockchain news almost every day. But a lot of people still don't understand blockchain. In this article, we will talk briefly about this new technology. What Is Blockchain? Blockchain is essentially a decentralized database of decentralized accounts and it is the underlying technology for Bitcoin. Blockchain itself is actually a string of data associated with the use of cryptography generated data blocks, and each data block contains a number of bits of currency network transactions. Whenever an encrypted... ❯❯❯
Keep Your Business Out of the Red
No matter how many years you have been in business, there is always that specter hanging over your head of the unknown. What if the economy suddenly takes a turn for the worse? What if your competition grows to the point where customers you could pretty much always count on now have numerous other options? What if your business is struck by an identity theft breach, a breach that exposes customer data? Could you survive such an event? Those are but a few of the matters you have to keep in the back of your mind, matters that could send your prosperous business into unchartered waters. While... ❯❯❯
Don’t Let Identity Theft Ruin Your Finances
Identity theft can come in all shapes and sizes. For the individual or business owner who fall victim to this ever-growing crime, the results can be devastating. From financial losses to a public relations nightmare (for the business owner), the fallout can be challenging to recover from. That said there are means whereby both individuals and business owners can put up a wall to relatively safeguard themselves against identity theft. Know the Best Lines of Defense In order to decrease the chances of becoming the next identity theft victim, there are a number of defensive practices you... ❯❯❯
What Is Social Trading?
When it comes to trading, it’s very common that new and inexperienced traders are intimated by the trading process and have a hard time making trading decisions. A lot of new traders wish they have a mentor to learn from and, better yet, some experienced trader that they can follow and learn from. As a matter of fact, this kind of wish is quite difficult to be realized in the traditional ways of trading, where traders are on their own and most trading activities are not transparent. However, in the recent years, a new way of trading has come into place, which might change this picture. It’s... ❯❯❯
Guide to Choosing Best Car Insurance
When it comes to choosing car insurance, you’ll find yourself spoilt for choice. Many people are guilty of falling for glitzy advertising from top insurance providers. Many of these people find that their so-called ‘low-cost’ policies end up being inadequate as cover when they need it. It’s important to ensure that you have the right car insurance policy for your needs and here’s how. State limits Consider the legal minimums in your state for insurance coverage. Every state has guidelines as to the minimal coverage car owners should have. It is important to ensure that your policy is... ❯❯❯
Solutions to Financial Struggles
Financial issues are said to cause more than half of the total stress experienced by people all over the world. Good management of finances may therefore help to reduce general stress in the world as well as give people a breakthrough in their financial struggles. The following are five most important tips that can help an individual to manage his/her finances. Planning It is very much true to say that failing to plan is planning to fail. The same way, failing to plan for your finances is like planning to fail in managing them. Depending on someone's income, make a list of all your... ❯❯❯
Assessing Personal Credit Worthiness
The credit worthiness of individuals varies depending on several factors. The bottom line, however, is the capacity to pay. This can be measured in terms of income, net worth, collateral, previous credit records, and type of profession or business. Banks and other lending companies may categorize loan applicants based on the level of risks involved. Some professions, jobs or businesses are relatively unstable to be worthy of large loan grants. Others are too risky to even be granted any type of loan. Obviously, those who are out of jobs or merely starting their businesses are considered as... ❯❯❯