We Are Your Guide to Wise Finances and Investments
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In the field of stocks and investments, it is always important to be aware of important terms and concepts. For today, we will be looking at the difference between both critical market concepts; specifically: bear and bull. This is particularly crucial if you are aiming to go into Forex trading.
Here are the biggest differences:
The term “bull market” is commonly found on trading floors. They often found on investment blogs and publications as well. It generally refers to a market where the shares are on an upward trend. Much like a bull where in the horns are directed upward towards the sky, this represents the trend that shares and prices are experiencing in a bull market.
The duration of this trend or bull market can actually last for weeks, months, and even years—if we’re lucky.
The term “bear market” is the polar opposite of a bull market. This is odd considering the fact that bears are generally considered to be strong. Much like the bull with its horns that represent the market, there is a part of the bear that is used to define this market. Specifically, it’s hands.
Whenever bears stand up, their hands are pointed downwards. In the world of investments, this means that prices and stocks are taking a downward trend. Prices are lower and if investors are not careful, they may end up with useless stocks.
This is why it is important to be aware of terms that are commonly associated with investment and trading so that you can always be ahead of the curve. Paying attention to the terms can signal whether you need to buy more or sell what you’ve got. If you’ve got any other questions, it would be wise to ask your broker or your forex introducing broker for further information.
Before you sign the dotted line of an investment contract, serious thought must be given. In particular, you will need to be aware of the qualities that make a good investment. The best Forex brokers always keep an eye out for good investments. If you are going to be the one whose money is on the line, it would be important for you to know those qualities as well.
Here are a few of them:
A good investment isn’t just something that you can buy into and cash out within a few months. It is something that should consistently generate money for you. You must always weigh the long-term longevity of an investment before deciding to get into it.
If the investment is only good for a short while, determine if it’s worth putting your money into.
No “Down” Lines
Investments should be clear. You put in a bit of money and you should have a clear idea of what your projected earnings will be. It should never ask you to recruit anyone or two to make your cut “bigger”. If you have ever been presented with an investment opportunity that features this, you must avoid it like the plague.
No good investment will demand that you drag in other people in order to make money.
Sustainable Business Model
One of the things that you should be looking at when it comes to the business or the investment is its model. Is the business something that is sustainable? If it something like a food fad, the market for that is passing and fickle. What can be considered to be hot today can be passé tomorrow; for example: red velvet everything!
Now, everything is Matcha. It would be wise to see if the investment you’re about to make is highly sustainable.
Now these being said, we hope that you’ll have a better idea of good investments. What other qualities of good investments do you know of?
When you are putting time and money toward investments, it is always important to be aware of certain habits that may be bad for you. Alternately, it is also good to be aware of habit that are good to have. Today, we wanted to talk about three particular healthy habits to have when you have thrown your hat in the ring of big investments.
Keeping Abreast of the Daily Market
Information is power. When your money has been put toward an investment, it is always good to keep an eye out for any useful information that can help you decide if the investment is still good or if it’s time to pull out.
Keeping abreast of the daily market reports in various sites and publications is a very healthy habit to keep up.
Verifying Sources of Information
Naturally with everything being so available on the web, fake news has been published time and again. With so much malicious misinformation that’s available online, it is ever crucial to verify the source of the information that you are digesting.
Keeping only good sources will make sure that you won’t be fooled into giving up on your investment when it’s actually still good.
Treating Your Broker Well
If you are working with a broker or a Forex Introducing Broker, it is always good to treat them well. This, of course, does not mean that you should treat them out or buy them gifts—that would be unethical. Instead, you should remember to treat them like fellow human beings who just happen to have the knowledge that you need.
They work with you and not for you. Always remember that distinction.
Beyond these three tips, we are certain that there are a lot of other healthy habits that you should associate with investments. Do you know of any?
Money is often the friend of those that manage it well and the foe of those that do not. If you are ever going to make your money grow and work for you, it would be important to be aware of money mistakes.
Here are a few of the more common money mistakes that people make while in their 20s and 30s:
Not Having Insurance
Insurance is often seen as a nice accessory but not really something that’s relevant until you’re way older. However, by the time when “older” hits, it’ll be quite difficult. Insurance—whether for health or something else—is more than just something to help you tide through sudden loss of job or loved one. It helps protect you from suddenly being surrounded by debt, too.
Insurance is actually best to get while you’re still young. The monthly fees are low and time is on your side. The younger you start, the bigger your payouts will be in the future. This is something that people should consider about insurance.
Not Having a Retirement Plan
It is never a comfortable subject to think of retiring when you are still young in your 20s and 30s. However, the economy is no longer as friendly for those that do not have retirement plans. While you are still in your prime and are able to pull in income that is more than enough for your needs and wants, it would be smart if you set up a small but regular retirement fund.
Retirement plans helps spare your offspring or other relatives from having to support you when you are no longer able to do it for yourself. Think of it this way, if you have literally no family to support you, how will you survive when most companies don’t hire people in the fifties?
These two are the biggest money mistakes that people tend to make—at least, the ones we’ve seen with our own eyes. What money mistakes do you think people make in their 20s and 30s?
Whenever you are facing uncertainty in the land of investments, it is often best to get an expert to help you out. While there are a lot of different types of brokers, have you tried looking into hiring a Forex Introducing Broker?
Today, we wanted to discuss a few reasons why it might actually be worth your time and your money:
Unlike most brokers, BI’s (Introducing Brokers) are highly customer oriented rather than putting their bottom line first. While brokers will always tell you that they have got your best interest at heart, there have been several instances that have proven this to be false. Most brokers work under a firm and are assigned clients or given client files. There is very little actual interaction beyond speaking on the phone.
A BI often deals directly with the clients that choose to work with them. This isn’t just a voice on the phone anymore. They are a living and breathing person that gets to know you and vice versa.
They Offer Rebates
Unlike most brokers, BIs tend to offer rebates for their clients. If you’re not familiar with the idea, a rebate is a sort of refund or partial refund for the money that you put into the investment. Big credit card companies often do this to entice clients to spend more. BIs utilize this in order to build a more comfortable relationship between themselves and their clients.
A rebate is important if you’re really looking to recoup some of the money that you paid toward a stock. This also ensures that the BI is always invested that you get a positive experience regardless of whether the stock ups or dips.
These are only a few of the boons that the clients of Forex Introducing Brokers get. Have you given it a try? Why would you say it is worth the money?
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