11 Apr
Posted by Allison Thomas as Finance Help
Before you jump into the world of penny stocks and software for stock trading lets look a little closer.
In its purest sense, stock investing is all about ownership in a business. When a private company needs to expand its business, it has 2 choices. One option is to go to the bank and take out a loan. If you thinking getting a loan is tough these days, imagine being a small company. The second option is to sell a portion of the company. When you become a shareholder, you become a part owner. As an owner, you profit when the company does well, and the value of your investment goes down when the company doesnt do as well.
Now, since different companies have different success and popularity levels, even their shares differ in their demand among the buyers. You can choose to invest in a company that has a history of stellar performance, or you can choose to invest in a company that has had its share price beaten down, but looks like it may be a turnaround story.
Predicting markets is like predicting the weather, only short-term forecasts are viable. Short-term trading has the advantages of generally lower risk but unfortunately, the profits are limited. The real money is in longer-term trends but the risks are too high, especially since they are so hard to predict. So whats a trader to do when faced with this dilemma? Simple, its not a mutually exclusive decision. Why not trade for both short-term and longer-term gains?
Considering the above, Dave will show you his hybrid approach to trading. Hell show you how to recognize trends and some simple patterns to get aboard them. It takes more than just a couple of patterns to be successful. You also need a money management plan and the mindset to follow it.
06 Apr
Posted by Brian Anderson as Corporate Finance
ClearDebt welcomes the report on Debt Management and other consumer credit matters issued today by the House of Commons Business, Innovation and Skills Select Committee and endorses the comments made on it by Debt Resolution Forums chairman, and CEO of ClearDebt, David Mond, who said:
This report is published at a time of great change in debt resolution, with new guidance from the OFT expected shortly, with changes in funding and access to debt advice being put forward by the Money Advice Service and with the possibility of the development of a protocol compliant or regulated debt management plan being put forward by the Insolvency Service.
DRF spokesman and ClearDebt marketing and external affairs director, Andrew Smith, made the point in evidence to the committee that a clear danger to consumers was businesses which didnt operate their client accounts properly.
listen to ‘Andrew Smiths testimony to HoC Business, Innovation & Skills Committee excerpt’ on Audioboo
Further reaction from Andrew Smith to todays report by MPs can be heard below:
Short Squeezes—what are they and how can they help your portfolio? That’s what we’ll discuss in this episode of the Winning Investor. Let’s start with a definition of this unusual topic and learn how we can put it to work for us.
A Short-Squeeze occurs when short-sellers in a stock are forced to buy-back their positions quickly, usually at about the same time or price level, which can result in a powerful upward movement in the price of the stock. Let’s look at it from the other perspective since many investors will never short-sell a stock in their entire investing lives. W Read more…
01 Apr
Posted by Allison Thomas as Finance Help
Despite what I have written before about the minuses of adulthood, there ARE some benefits to being grown-up.
My parents supported me tremendously when I was young, but there were just things that we, as a family, didnt purchase. And being a kid with a $10/month allowance, I wasnt really in a position to purchase them either. For some reason, I rarely asked my parents for anything material because I had an idea of what theyd pay for and what they wouldnt. And usually, if its not education-related, they wouldnt.
As a teen, I was very self-conscious of my skin. I still am sometimes, but the difference is that now I can splurge for all the expensive gadgets, prescriptions, creams, and facials to keep my skin looking good.
I remember the first time our family went to Disneyland in Anaheim, CA. I was so excited that I could barely sleep a wink the night before. Ev