Tag Archive | "Money"

What’s foreign exchange trading all about, anyway?

Saturday, January 28, 2012

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The stock market is no longer the sole playground of the rich and famous, with an increasing number of part-time investors opting to dabble in trading. However, rather than sticking to conventional stocks and shares, the world of foreign currency trading is becoming an attractive proposition for many. Foreign currency trading, or forex as it [...]

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Making a Budget

Sunday, October 30, 2011

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Making a Budget

What is the best way to start a budget? The first thing that anyone who wants to make a budget must do is to compare their income versus their expenses. The good thing is that it is quite easy to do. It’s too bad most of us never learned this in school and had to [...]

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Making your Budget

Monday, January 17, 2011

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Making your Budget

Making a budget may not be exciting, but it’s an important tool for keeping for finances in order. Before you even start, it’s important to know that in order to make a good budget you will have to use as much specific, detailed information as you can find. In the end, a good budget will [...]

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Tips for paying off your student loans quickly

Tuesday, December 7, 2010

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Tips for paying off your student loans quickly

Having a large amount of student loan debt can have many negative repercussions. Such debt can make it more difficult for you to qualify for a car loan, get a mortgage or choose a great job that pays less money than your current one. If your credit rating suffers you may well find yourself paying [...]

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Speculative Stock Options

Sunday, November 28, 2010

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Hi everyone, James back again. The last few posts dealt with using stock options for defensive purposes. This mean that you used them in order to protect your portfolio against potential loss — not to make additional money by trading options. The other use for stock options is termed to be “speculative” — meaning that [...]

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Protecting Your Portfolio With Covered Calls

Thursday, November 25, 2010

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I last discussed protecting your stock portfolio with married puts, and now we’ll explore protection via covered calls. Covered calls are when you sell a call option against a stock you own. This defensive move is not as secure as a married put, but instead of paying for the put — you make money on [...]

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Avoid Margin Like The Plague

Tuesday, October 26, 2010

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Greetings NeedMoney, James here about the perils of buying stocks on margin. Many of us who need money attempt to fill the gap with that one large stock trade which will bail us out of our financial woes. One tool used by stock traders looking to make a killing is called margin. This is when [...]

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Want More Money? Bet On It!

Sunday, September 5, 2010

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Getting in shape financially is a lot like getting in shape physically. Success depends on planning, goals, discipline, and accountability. You often hear about people having success with their fitness when they partner up with a friend because they do not want to leave their friend hanging to work out alone. The same accountability idea [...]

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Do a Dry Run Before a Big Financial Decision

Saturday, August 21, 2010

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Do a Dry Run Before  a Big Financial Decision

Too many people get into financial trouble by not thinking through the consequences of major decisions. To avoid this, try living through the consequences rather than just thinking about them before making a big decision in the future. What this means is setting up a trial run of the financial consequences of big decisions to [...]

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Being Honest With Yourself About Money

Wednesday, August 18, 2010

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Being Honest With Yourself About Money

The complex nature of today’s financial world can make it easy to get lost in fantasy and not understand the financial realities we face. Credit cards allow us to accumulate purchases and seemingly only have to pay a small portion at the end of the month. A lack of savings does not seem like a [...]

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3 Things You Can Do To Get A Raise

Sunday, July 4, 2010

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3 Things You Can Do To Get A Raise

When it comes to changing your financial picture, you want to be burning the candle at both ends. Obviously, it involves spending smartly and saving wherever you can. You also want to be doing everything you can to maximize the money you take in as well. Here are a few ways you might not have [...]

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Knowing vs. Doing The Right Thing Financially

Thursday, July 1, 2010

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Knowing vs. Doing The Right Thing Financially

If you are reading this, there is a good chance it is not the first time you have looked for financial advice. There are many time tested ways out there to organize yourself and right your finances. If the information is so readily available, then why do so many people not have their act together [...]

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