Guest post in our financial series. Enjoy! – Kimberly
Infographic created by Clover Connect, a payment integration solutions company
Category Archives: Financial
Gold for the Win With Swiss America Trading
Guest post in our financial series. Enjoy! – Kimberly
If you are anything like me, watching your hard earned stocks drop all year has been a disheartening end to an already catastrophic pandemic. I started investing at the start of the virus as a way to protect some of the stimulus money I was receiving. During that time, it has been fun to watch the stocks drop and rise, never losing more than a few points here and there.
This year is a different story. As of last week the Dow was down .28%, bitcoin was down 7.99%, Nasdaq was down 3.86% and S&P 500 was down 1.27%. The crisis in Ukraine, mixed with high inflation and a still recovering world has caused the markets to be unpredictable at best, downright dangerous at worst. After watching my money wax and wane for two years, seeing it drop significantly in that short amount of time, made me realize I needed a change.
I am not a financially savvy individual, so when I make investments, I am diligent about how and what I am planning on investing in. I liked the thrill of the stock market, but it was time to find something with a little less risk. That’s when I decided to look into gold.
Why Gold?
Obviously, I am not selling the stocks I already have, that would be a loss of investment. But as tax season rolls around, I plan on taking that nice little return, and investing it in gold. Why gold, you may ask? Simple, as stated in that article, gold is safer. It doesn’t rise and fall with the markets. So, while I will keep my stocks and hope for a rise, it is time in my adult-life to diversify my portfolio and buy some gold as well. Gold started as the standard for our modern world. It was the way international exchanges were gauged, but recently, with set exchange rates, it is a separate commodity. Continue reading
How to Automate Your Financial Office
Contributed article in our financial series. Enjoy! – Kimberly
Infographic created by Donnelley Financial Solutions, an automated financial reporting company
Apply for the Best Credit Card Benefits – A Few Important Considerations
Contributed article in our financial series. Enjoy! – Kimberly
A premium credit card is one that offers various prestigious benefits and services to its members. These cards are usually required to be invited by the provider of the card. The membership fee is usually high and it is necessary to meet the eligibility criteria before you can apply for it. A premium credit card also offers perks such as baggage delay insurance and airline lounge access. However, the benefits of BoA premium rewards can be very limited, and its membership requirements are stringent.
Interest Rate:
These premium credit cards come with annual fees and hefty interest rates, which should not be used by those who do not have the means to pay off the monthly fees. However, the services are very valuable. The annual fee of these credit cards is usually low, but they may not come with an introductory period. If you are serious about applying for such a card, then check your credit score online. In order to be eligible, you should have a high salary and a good credit score.Continue reading
The Ultimate Explanation for the Term Forex Lot
Contributed article in our financial series. Enjoy! – Kimberly
Very few people have a clear knowledge of the term, “LOT”. We are going to familiarize you with the size of the lot, how you can trade with your small benefit in the Forex market and how to calculate your profit or loss in Forex.
In Forex, the standard lot size is 100,00 units, which is 100k. There are other sizes of Forex lot. They are mini, micro, and nano. Here is a graph to show you the lot size.
Forex Lot size
From the previous article, you will have understood how the movement of pips contributes to your money-making in Forex. When the movement of your pip is positive, you make money. If it is negative, you lose money. You can take the benefits of pips, a very small incremental change of your trading to make a big money out of your trade. Those who prefer to trade commodities know very well that how a slight change in the pip value can alter their profit factors.Continue reading
Visit Low. i.e. to Find Out More about Mortgage Protection Insurance
Contributed article in our personal finance series. Enjoy! – Kimberly
Some homeowners worry about their properties when they die, so they are getting mortgage protection insurance. The promise is appealing and simple, and this is when the insured dies, the remaining mortgage in the house will be paid off, and the surviving family can keep it.
However, the reality is sometimes more complex than this promise. You can visit Low.ie to find out more information about life and mortgage protection insurance, so you’re better informed. Many people find that a normal term of life protection is already enough for their needs.
More about the Mortgage ProtectionContinue reading
Price Optimization – A Guide for Retailers
Contributed infographic in our business series. Enjoy! – Kimberly
Infographic created by Clover Network, a POS terminal provider
Essential Services for Non Profit Associations [A Guide]
You’ve most likely heard the terms “charity”, “non-profit”, and even “not-for-profit” used for associations and organizations that support social, environmental, and sometimes, political causes. But all three terms refer to different kinds of entities.
However, the focus of this article is to explain what non-profit associations do, their essential services and how they differ from charities.
What is a Non-Profit Organisation?
A non-profit or not-for-profit organization is a tax-exempt entity that is organized to achieve mutual or public benefits that do not include generating profits for members of the board, owners, or investors.Continue reading
Why Choose Augusta Precious Metals for your Portfolio
Gold, silver, palladium, and platinum are considered precious metals because of their rareness. The limited amounts of minerals produced each year are decreasing, and their scarcity increases these metals’ value.Continue reading
8 Benefits of Having a Kredittkort in Norge
Have you ever considered getting a credit card? Even though many finance experts advise individuals against using such cards, these payment options can provide endless benefits as long as people use them responsibly.
Credit cards offer bonus opportunities, reward points, fraud protection, price protection, grace periods, purchase protection, etc. Cardholders are allowed to make purchases even when having no money. Therefore, one should be responsible when spending in order not to end up in debts.
Grace periods and protection programs vary across card issuers but most of them aim to protect cardholders.
Learn more about the remarkable benefits of using such a payment option in Norway.
Bonus opportunities
Many individuals prefer credit over debit cards because of the bonus opportunities the former provide. Applicants who have recently opened an account are capable of earning one-time bonuses in the course of the first couple of months. Nevertheless, these bonuses aren’t given to all applicants; only to those whose scores are solid. Continue reading