Archive for June, 2015

How to pick the best Forex broker?

June 10, 2015 bookkeeping, finance, forex 0 Comments

One of the most important things, when it comes to trading in Forex world, is choosing the most reliable and

One of the most important things, when it comes to trading in Forex world, is choosing the most reliable and profitable financial environment. This environment is actually the Forex website that is in all cases owned by a particular financial services provider company and its brand, as well as its trustworthiness, forms the final selection of a trader. Of course, there are many Forex brokers you can check and test till you get the most suitable for your needs and for your trading advance level. However, there are some basics you should follow – regardless where exactly you stand and what you look for in a Forex world. We are about to disclose you most of these basics and eventually you will find out how to pick the best Forex broker!

How to approach the search of the most preferable Forex broker?

Searching for the best Forex trading broker is like searching for the best website regardless its sphere. This means you need to simply browse the web and create a certain strategy for your searching. Do not choose websites just like that – by chance and without considering its options or extras – because eventually you will appear at a scam or fraud. Of course, the easiest approach for you is to get recommended – by a friend or a more advanced trader. Reading some Forex forums, where real traders discuss the brokers in real time is also a cool alternative. And finally, follow our category of Forex broker reviews, where we are always ready to give you the best tips for how to search for the best trading website. The last approach is the safest one, because we never list brokers with some suspicious reputation or bad trading environment.

What factors form the best Forex broker?

There are particular factors – and to be more specific, features – you need to look for in a Forex broker in order to entrust it and make a registration in its official website. See them now! Other important thing is the safety of funds so check out if those are handled with proper methods like using parramatta bookkeeper or similar service.

Reliability

According to this factor, you are supposed to look for a broker that is trustworthy enough to protect both – your personal data that you fill in, while opening an account, and the financial transactions, while you are participating in Forex field. Have in mind that the reliable brokers are those with official license for operating on the market and a strong regulation that in general comes from an official government or independent authority. Sometimes the companies offer awesome forex bonus but be careful with that

Reputation is everything

Only a real brand and the one that influences trustworthiness is a good broker and every website you meet and cannot find among the comments in trading forums is probably not ok for you.

Fine customer support services

The good broker has customer support that is at least 24/5 and at multiple languages, because the variety of traders is huge – from different nationalities and with different locations (respectively time zones).

Good trading platform

The reliable and effective trading software a broker uses form the entire environment for you, sio make sure it is ok!
Have in mind that things like Forex bonuses and additional extras like education centre for beginners or live news streaming can be also good points to follow, when looking for a broker!

Read More

Statute of Limitations Explained

June 1, 2015 finance 0 Comments

Ever open a piece of mail to find a bill for something you bought 10 years ago? Maybe it’s a

Ever open a piece of mail to find a bill for something you bought 10 years ago? Maybe it’s a purchase that slipped your mind or something a merchant or credit card company forgot to charge you for. Either way, you’re asking yourself one question: Do I still have to pay for this?
It comes down to statute of limitations, legalese for the amount of time in which a lawsuit (in this case, a collections claim) must be filed.

Always ask for written verification is an old “zombie” debt makes an appearance in your mailbox. If it turns out the debt is legit, check the statute of limitations in your state.

But remember that the statute of limitations on debt only means that credit collectors can’t sue you for the debt after a certain time period. It doesn’t mean they can’t stop trying to collect it. Debt also remains on your credit report for at least seven years, so even if the statute of limitations has expired, you could find that your old debt is still hurting your credit.

Not all debt is covered by the statute of limitations. Federal student loans, child support, taxes and fines are exempt.

Read More

How to Budget Your Money

June 1, 2015 business, finance 0 Comments

No matter what your income, keeping certain ‘optimal’ percentages in mind–especially on the big-budget items like housing and transportation–of where

No matter what your income, keeping certain ‘optimal’ percentages in mind–especially on the big-budget items like housing and transportation–of where your money should be going every month offers solid guidelines that will protect you when times get tight and offer you options to save and grow your money when the money’s rolling in. Here’s a breakdown of what I chatted on with Al Roker:

Whether you’re a renter or buyer, put away 30% of your monthly take-home income for housing costs. This includes a mortgage or lease, taxes and insurance.

Transportation should make up no more than 18% of your expenses. If you drive, make sure you count gas, insurance, maintenance and parking. If you use public transportation, include your commuter pass or rail card.

If you have debt, paying it down should not exceed 10% of your monthly income. If you’re lucky enough to be debt free, use this slice of the pie toward something else, like savings, or as an emergency fund.

Give food, toiletries and other things you need on a daily basis no more than 14% of your pie. This is a tricky one, because as food prices go up you will see that it becomes hard to keep your expenses flat and you may have to find the money by borrowing from another slice.

Put 7% toward household costs, such as energy, phone and cable bills. And even though it’s summer now, don’t forget about that massive heating bill that’s coming to your mailbox in a few months. Plan accordingly.

Socking away 10% of your take-home income (or more) for savings purposes is important for two reasons: you can use this money for short-term items like vacations as well as longer-term goals like retirement.

Finally, 11% of the money pie should be allocated for “everything else.” What’s that include? Whatever’s been left out. Charity, clothing, childcare, additional medical costs and other miscellaneous costs.

Use these guidelines to make your own money chart. You might be surprised to see where all that cash is going — and you’ll be able to tell where and when expenses are getting out of whack.

Read More