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August 4, 2018

Placing trades with a strong confirmation signal

trading timeMany people simply put their money at stake in Forex by listening to their mind. They do not feel the necessity of analyzing the chart or looking at the pattern and simply place a trade. If you are one of them, you need to read this article. This article will tell you how you can place your trades with confirmation. The confirmation that we are telling is very easy to know and you do not need to ask your broker. They are all hidden in the signals, the indicators and even in the chart you use. All you need to do is open your eyes and you will realize there are many signs that indicate if a trade is good to place or not. Traders ignore them and they trust their inner voices and they lose their capital. We believe you will not do the same mistake and we are going to tell you the signs that can assure you that it is the right time to place your trades.

Learn price action signal

Using the price action confirmation signal is one of the most effective ways to place a trade. The new traders at Singapore often say they have the perfect skill set yet they are losing money. But do you think they are using price action confirmation signal? You have to learn price action trading to trade the market with confidence. The experienced price action traders are always one step ahead in Forex trading profession. They can easily trade the market with tight stop loss without risking a huge amount of money.

Use of multiple time frame analysis

Multiple time frame analysis is another easy way to filter out the best trades. If you do some research, you will understand trading CFDs is nothing but finding the best trades in the random nature of this market. The aggressive traders might have some edge but they will never succeed in the long run. You have to do some hard work and develop your edge. Never let your emotions take control of you. Emotions have no place in the life of a Forex trader. Always believe in your skills and try to keep yourself updated with the latest news release. Never ignore the power of fundamental factors in the Forex market.

The trends are stable and dominant

One of the key indicators of confirmation of a good trade is the trends are stable and dominant. Traders are always advised to place their trades with the trend because the trend appears when there is money. If you simply place random trades, you cannot get to make your profit. You have to analyze the chart and use your skill to find out when it is the right time to place your trades. You also need to check if the trends are dominant and they are showing on the chart for a long time, indicating they will not go away when you place your trades. It is also important that the trends are dominant and they are not some weak movements by the brokers. The next time you are thinking to place your trades, analyze the quality of the trends and to will know for yourself if it is a good decision.

The market does not have a schedule for any major news release

The news release can unstable the market and it can affect your profit growth. If you want to avoid this risks, check the schedule and finds out if there are any major news planned to release at your expected time. A good trader not only practice their own strategy but they also know the news release and the information. The release of major news creates unexpected volatility and changes in trends that are not predicted and may cost money if traders place trades. Only trade when there is no schedule of the news release and the price movement is steadily changing.

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July 25, 2018

The Ideal Way for Saving Your Wealth – Offshore Investment

wealth saving investmentEvery entrepreneur needs to save money for further investment. Even if you are getting lucrative profit in your business, you can’t predict the future. There are several factors responsible for growth of all types of businesses, either a consultancy in Dubai or firm in Nevada, and an abrupt change can suddenly make things difficult for them. There are multiple ways available for people to save their hard-earned money. All these methods have several advantages and shortcomings. After analyzing all these methods, one can say that the ideal one is offshore investment.

In offshore investment, an entrepreneur or any other person keeps the wealth in a country other than country of his/her residence. But not every other country is known as offshore location. There are several countries that provide tax exemptions and other benefits for investors that are not present in most of other places. These offshore jurisdictions get this name due to their location, geography and other legal and monetary benefits that they provide to foreign investors.

Following are main advantages of offshore investment that will make it clear that it is the best way to save your money. You will not get most of these advantages in any other money saving technique.

Tax Exemption/Reduction

It is the primary and one of the most unique advantages that is provided by offshore jurisdictions. These places are usually known as tax havens as they provide either complete exemption from all types of taxes or their tax rate is very low as compared to most of other countries. This is really important for most of businesses. They can easily avoid hefty amount of tax only by paying a fix annual fee for their investment in offshore jurisdictions.

This is really important for large businesses that are also growing rapidly. In most of countries, these businesses can lose even 40% or above of their profits through different types of taxes. But these businesses can save millions of dollars every year by adopting offshore investment. Therefore, if you are growing your business or otherwise facing tax issues in your home country, then the best place to save your money is by investing in offshore jurisdiction.

Confidentiality

In most of countries, it is mandatory for entrepreneurs and individuals to disclose their total wealth and source of income. This information is also available to public. On several occasions, this publically available information creates legal and monetary problems for entrepreneurs and wealthy persons.

It happens as their competitors or relatives would use this information to sue and start legal battles against them. On most of occasions, these legal claims are baseless and its purpose is to harm the business opponent. It is not only stressful but also proves financially harmful for the receiving person.

In order to avoid this situation, the best way is offshore investment. In fact, confidentiality of assets is the second most important factor that attracts investors towards offshore dominions. Offshore jurisdictions don’t disclose details of foreign investors and their businesses. This is really helpful in protecting your money from unnecessary and unethical claims that can ruin ones wealth.

These two factors clearly highlights the importance of offshore investment provides for protection of wealth for entrepreneurs and wealthy individuals. There is no doubt offshore investment is the best way to save your money.

Author Bio: Mona is an experienced content writer working for Dubai-based consultancy firm Riz& Mona Consultancy. She has 6 years of experience in the fields of offshore business, investment, finance, taxation and insurance.

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May 10, 2018

Money Management: 5 Tips to Make Handling Your Finances Easier

manage your financesManaging your finances can be overwhelming when you don’t make use of the right tools to address them. The amount of paperwork will make you shudder if you continue to do things the old-fashioned way.

Making use of technology can revolutionize the way you do your finances. There are services and apps available that will help you simplify payment transactions, staying on top of your savings, and monitoring your personal budget.

Here’s how you can do a better job of managing your money with the help of tech-powered solutions.

1) Register for online banking

Why spend precious time waiting to be attended to in a bank when you can complete your transactions online? Whether it’s checking the balance on your account or transferring funds, you no longer need to go to the actual bank, which saves you money and time.

The major benefit of online banking services is that you have instant access to your money. Plus, with mobile SMS banking, you don’t even have to carry around your laptop. With a few clicks on your phone, you can check payments and see if your budgeting numbers are correct.

The access alone can already help streamline your finances so that you’re always up-to-date when it comes to your money.

2) Opt for paperless

When you see a stack of paper bills inside your mailbox, it’s easy to become overwhelmed by your financial obligations. Sometimes, you tend to place them somewhere you can’t remember, which leads to late fees.

As much as possible, go paperless so that you can easily track your bills the moment they hit your email.

Without the possibility of misplacing your bills, you are less likely to forget due dates of payments. Most utilities and bills have the option for customers to go paperless.

Check if you’re able to sign up for such by taking these steps:

1. Sign in to your online account and check if you have an option to have your bills sent via email.
2. Then, follow the prompts in the email to pay the bills without any extra fuss.

During tax time, it’s a bonus that you no longer have to sort through your stack of bills to gain an idea of how much you’ve spent. You only have to log into your account to look at your statement.

3) Automate payments

If you can, set-up automated payments for accounts that stay consistent every month. So instead of going into your account and paying manually, the amount is debited automatically.

There are many banks that will allow you to have your own auto-pay rules. You can even choose to have the amount immediately sent via check or electronically to your selected service provider.

However, being on auto-pay doesn’t mean you can ignore payments; you still have to check transactions to ensure they’re paid correctly.

4) Combine or eliminate your accounts

When you have countless open accounts, several payments to make regularly, and account maintenance to fulfill, you need to “spring clean.” Streamlining accounts will tidy up your payments and transactions so that you have a simpler path to money management.

Take a look at your regular monthly bills and you may find unnecessary services. If possible, combine or eliminate accounts you don’t need. For instance, if you’re maintaining several credit cards but have one card with a tiny balance, pay it off and close the account. Doing so will leave you with one less payment to remember.

5) Perform a regular budget check

You may have a budget in place, but lining up the numbers isn’t enough to maintain order in your finances. You still have to regularly check your budget to ensure that your numbers are right. Furthermore, you should allow adjustments for any unplanned expenses.

To avoid disorganized finances, you should balance your budget on a regular basis. Make it a habit to schedule a monthly check-up on your budget by following these steps.

● Gather your bills for the month.
● Log-in to your online bank account.
● Look at your account and check if payments match bills and there are no suspicious charges.
● Discuss next month’s expenses with your partner or family.
● Make adjustments to any budgeting numbers that need it. One example is your electricity bill during the summer.
● Ensure that you’re still on track with the financial goals you’ve set.

Don’t let your finances control you. Handle your finances better by using technology and regularly tracking your budget. Remember, how you manage your finances matters as much as the math.

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January 20, 2018

How to Make Your Investments Fly like a Kite

money investmentsOn January 14, you must have seen the skies filled with colorful kites soaring high up. Makar Sankranti falls on the day when the sun leaves the tropic of Cancer towards the tropic of Capricorn, which is called Makar in India.

In other parts of the country, this festival is referred to as Poush Sankranti, Pongal, and Uttarayan. Farmers celebrate this day as it marks the end of the winter and ushers in the harvesting season.

Significance of kite flying on Makar Sankranti

Sankranti means movement and kite flying represents the thankful attitude of humans for this movement. It also has a scientific significance. As the sun commences its journey towards the tropic of Capricorn, it emanates useful rays. When you fly kites on this day, you expose yourself to the beneficial sunrays that have medicinal advantages.

Although Makar Sankranti is over, it is essential that you know about several important lessons this auspicious festival teaches as these teachings may prove to be beneficial during financial planning. Listed below are six important lessons this festival teaches you.

1. Be ready for movement

When you undertake investment planning, you have to understand that it is not a static one-time procedure but requires constant movement. You need to continuously monitor the performance of your long-term investments and make modifications when necessary. Additionally, you need to review and analyze market conditions to identify good opportunities that offer economic advantages to your investment portfolio. When you consider different financial instruments, it is crucial you consider your investment objectives to make the right decisions. This customization of your investment portfolio is comparable to personalizing your kite that has the perfect string which allows it to soar high in the clear skies.

2. Keep your eyes on your portfolio

When you fly your kite on Makar Sankranti, it is important to keep your eyes on it at all times. You must always be aware of how your kite is flying and in which direction. Similarly, prudent financial planning requires that you keep an eye on the performance of your investment portfolio. The performance of the various financial instruments must be in line with your short, medium, and long-term goals.

3. Maintain flexibility

As you fly your kite, you need the string to be kept flexible. This allows your kite to continue soaring amidst gusts of strong winds. This is true even with your short-term and long-term investments. Their performance will not always be the same and there may be ups and downs. Furthermore, the investment environment is not always conducive because conditions are never perfect. There is a possibility that your portfolio may be in the red. You need to ride out the difficult times and remain patient. It is crucial you are flexible and willing to bear temporary losses in the short-term to reap long-term benefits. However, you must never lose sight of your investment objectives and make modifications that become necessary under changing environments.

4. Adequate safety

To ensure you do not injure yourself, you cover your fingers with tapes and bandages while flying a kite. Similarly, you need to ensure adequate security when investing in any financial product. You must protect your investments from significant market conditions.

5. Remain invested

When you fly your kite on Makar Sankranti, you stand the entire day to make gains. Similarly, when you invest in different financial instruments, it is important to remain invested for a longer period. It is said that time in the market is better than timing the market. Therefore, to maximize your gains through investments, it is recommended you hold these for a longer time.

6. Strike the right balance

During winters, days are short and nights are long and vice versa during the summers. However, on Makar Sankranti, the day and night are of an equal length. Just like that, when you invest, you must aim for the right balance between your risks and returns. You must choose financial products that suit your risk appetite while delivering decent returns on your investments.

Striking the right balance between risk and return requires adequate research and effective planning. You need to study the market conditions and understand the features of different financial instruments. This may not be an easy task especially if you are new to investing or have no experience in conducting such analyses.

Through the proprietary ARQ investment engine in Angel Wealth’s mobile application, you can achieve this balance. This engine uses algorithms and quants to analyze a billion data points and offers recommendations that suit your financial objectives and risk appetite. There is no human intervention in the entire procedure ensuring the recommendations are completely unbiased.

Download the Angel Wealth mobile app and apply the lessons learned from Makar Sankranti into practice.

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November 28, 2017

Skip the Rat Race and Invest in IPOs with Mutual Funds

invest in IPO'sThe listing of a private company on the stock exchange is known as Initial Public Offering (IPO). It is at this point that investors are invited to bid for buying the shares of the company that was held privately thus far. Based on the past performance of the company, the offer price range is determined and once all bids are received, generally shares are allocated on a pro-rata basis.

The crazy chase to invest in IPO

IPO investments attract a lot of investors as it has the potential to give very high returns. It is believed that the investment made at the time of IPO give high returns at the time of listing. However, as with other types of equities, there is a high risk involved when you invest in an IPO.

The funds raised through an IPO are used for several purposes by the company. These include clearing off debts, expanding and improving their operations, or using it to meetworking capital needs.

Before you choose to invest in IPOs, you must remember that all IPOs are not open to general public. The underwriters choose the category of people for which the IPO is opened.

If you opt to invest in IPOs, you must be aware of the risks associated with these financial products. Here are four things you should keep in mind while investing in an IPO.

1. All offerings are not suitable for all kinds of investors. Consider your financial situation and goals before making a decision.

2. Read the draft red herring prospectus. This will help you understand how the funds will be utilized. The prospectus also provides information about the objectives and fundamentals of the company and its future growth prospects.

3. You must rely on facts and not fall prey to marketing strategies used by agencies to entice investors.

4. Analyze the promoters and their backgrounds. IPOs that have reputed institutions and government backing are safer.

Investing in an IPO must be a well-thought decision. It is important to ensure the risk level suits your personal financial situation and appetite. With IPO investments, you may make money or lose your capital; therefore, be cautious before you apply for one.

Investing in IPO through mutual funds

As mentioned before, if an IPO has institutional or government investments, the risks are significantly reduced. Until recently, mutual funds did not invest in IPOs because of the high risks. However, that is no longer the case. Mutual funds have recently begun investing in quality IPOs issued by small and medium enterprises (SMEs).

Here are three benefits of investing in IPOs through mutual funds.

1. Investing in mutual funds online for retail investors is easily available and provides greater flexibility. You are able to gain exposure to the stock market at an affordable entry price.

2. The schemes are managed by experienced professionals who analyze and study the IPOs and the overall market. This reduces your risks because the fund managers and their research teams do the homework for you. Moreover, you are able to diversify your portfolio further reducing your risks.

3. IPO allotment often happens on a pro-rata basis. Therefore, you may be allotted less than the applied number of shares. However, institutions have a preferential allotment, which is beneficial.

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