Dealing in trillions on a daily basis, the Foreign Exchange Market, or Forex, has been attracting eager traders for decades now. The never-ending gold rush has handsomely rewarded some, kept most of the others in a middle ground in terms of gains and losses, and ruined the rest.

In essence, Forex trading is made up of exchanges of currencies. The entire profit made by traders is based on the difference in the exchange rates of the two currencies. However, partly as a result of the trades, these rates are constantly fluctuating. An unchanging long-term recipe for success is, therefore, a mathematical impossibility in such a volatile market. However, professional traders have established a few golden rules regarding pairing currencies.

[click to continue…]

{ 0 comments }

What that Remodel is Going to Cost

by Scott Sery on June 9, 2017

If you’re looking at buying a property that needs some work, or updating your own home to make it more marketable when the time comes to sell, you need to know what you’re in for.  Remodeling costs can get expensive in a hurry, and if you’re not careful, you may end up with a half finished home as you find the cash to finish the projects.

You can always do the work yourself in order to make the renovations more affordable, but keep in mind that a crew working 40 hours per week will move a lot faster than one person working a couple hours here and there.

So, before you tackle that next big project, here are some estimated costs that you should keep in mind.

[click to continue…]

{ 0 comments }

Robo-advisors vs financial advisors

The rise of the machines is upon us as automated “robo-advisors” absorb an increasing share of the retail investing market. Their pitch is simple: robots are logical and disciplined decision makers that don’t require a salary and don’t worry about their commissions. Their computing power allows them to provide sophisticated features like automated rebalancing, tax-loss harvesting, and index tracking in a fraction of the time as human advisors, opening up these once costly services to lower net worth investors.

Others note that robo-advisors sacrifice both the comprehensive and customized financial support of a human advisor and investment flexibility in pursuit of lower fees. Investors should start with the following questions when deciding which track is the best for them.

[click to continue…]

{ 0 comments }

It’s The Little Things That Matter

by Zack on June 5, 2017

The advice not to sweat the small stuff may be a great way to find your Zen, but it’s a quick way to find yourself in debt when it comes to the simple financial decisions you make every day. We’ve all heard of the unassuming butterfly, whose flapping wings have the power to create hurricanes on the other side of the world, or the pebble, which can ripple an entire pond when dropped into its waters. Though quite ordinary, these things have the ability to create a lasting impact on their surrounding environments.

The same goes for the way you spend your money. Sure, splurging on last-minute flights to Bali for an all-inclusive holiday in the sun is one way to drain your savings, but these huge purchases are rare. Most of us know we shouldn’t spend all of our extra cash on things we can’t really afford. It’s how we dodged the bullet that was the Fyre Festival — the elite concert experience in the Bahamas that turned out to be a raging tire fire that stranded its millionaire guest-list. With ticket prices ranging between $1,000 and $25,000, we knew better than to splurge on this festival.

[click to continue…]

{ 0 comments }

Pursuing a master’s degree – or higher education in general – is among the best investments you can make today. The market is growing at a sustainable rate, so you will be greeted by plenty of job opportunities by the time you finish. However, higher education is often expensive and beyond reach.

There are several ways you can make pursuing a higher degree more affordable. You can pursue an online MST degree (or other online degrees) to enjoy instant savings when compared to taking an offline program. You can also utilize these tax breaks we are about to review to lower the costs of getting a higher degree further.

The Student Loan Tax Break

If you use a student loan to finance your pursuit, then you can take advantage of the student loan interest deduction to save more money. The tax deduction is designed to aid students who are struggling to repay their student loans. The amount you can claim is not that high compared to other tax breaks, but it is still worth claiming.

[click to continue…]

{ 0 comments }

Here Could Be Why Market Uncertainty Remains Low Under President Trump

May 31, 2017

In the buildup to the 2016 U.S. Presidential elections, Wall Street analysts made it very clear that a Trump presidency could be bad for the market. Wall Street was particularly worried about Trump’s tendency to trigger market uncertainty with unguarded speech and brash actions. However, Wall Street eventually warmed up to the idea of a […]

Read the full article →

3 Ways to Make an Extra $1,000 Each Month

May 26, 2017
Make an Extra $1,000

Overabundance, convenience, and non-stop entertainment have come to dominate our society especially within the past decade. Technology has enabled many projects that were not previously possible. With this change has come a shift of the producers and consumers of the world. These two groups of people, once clearly delineated, have since become hopelessly intertwined. Two […]

Read the full article →
20adfc1256bf162ccc214ed51df72b1328c896d9b40792f6e7