Many Americans are interested in getting involved in forex trading. Before doing this, you should get a forex trading education. You should never get into forex trading without forex trading education. With the proper forex trading education, you can be on your way to making a tidy profit.

First you need to understand what forex trading is. Forex is short for foreign exchange. Forex trading is the simultaneous exchange of one countries currency for another countries currency. By doing so at the right times, you can gain a profit. A forex trading education can teach you how to do this.

The first part of a forex trading education is to learn the market background. The foreign exchange market is always changing. With forex trading education, you will learn how to monitor these changes to be beneficial for you.
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There are many things that you should know about credit cards before applying for one. For example, not all credit cards are the same. Some credit cards are secured and some are not secured. In addition to this difference, there are usually “hidden” provisions in a credit card agreement that most people neglect to read. Such provisions include the differences between the interest rate for a purchase and a cash advance, and whether or not the credit card company from which you obtained a credit card engages in the practice of universal default.

A secured credit card is a credit card that is that is tied to a monetary fund of some kind (whether it is a deposit, bank account, or some other account). The monetary fund can be accessed and used by the credit card company in the event that the credit card holder defaults on a payment. These kinds of credit cards usually have an obscenely high interest rate and an inordinate amount of fees. Basically, they are terrible credit cards that target people with bad credit. Read the rest of this entry »

With the numerous stories of investors losing their hard earned cash in business start up investment, I have decided to explore the possibility of creating a simple investment flow model for which business should follow before they are able to attract funds from the general public. This investment flow is based on the premise that the general public needs to be protected from exploitations due to lack of knowledge and expertise by the more informed institutional investor or from unscrupulous business man. This basic investment model divides the business investment process into two stages namely; the idea generation/refinement stage and the multiplication/ adoption stage.

In the idea generation/refinement stage, the business goes through the processes of idea generation by the entrepreneur and goes through a series of innovations that launch it into the growth stage of the product life cycle. During this stage, the entrepreneur has a business idea that still need to be developed and that will require huge capital outlays, some of which will be used in the experimentation of business concepts and ideas. The entrepreneur therefore at this stage of business will need someone who will be able not only invest his money but also his business expertise which could either be in the form of experience, market knowledge or general management skills. Read the rest of this entry »

Life is the journey, not the destination. Is your destination a comfortable, independent retirement? A dream home? Buy an RV and travel the country collecting idiotic tee-shirts? For any dream that takes money to realize, the choices you make during your journey will make all the difference in reaching your destination. Or will you run out of fuel before you get there?

A wrong turn, uncorrected, in your journey to a safe retirement could have disastrous affects years down the road that could make the difference between financial independence and a delayed retirement and reliance on a social security system that grows more unsuitable with every passing year.

Speaking from the generation that will not likely see penny one from the national ponzi scheme you don’t want to be caught putting all you eggs in that basket. Read the rest of this entry »

The Forex market, or FX market as some call it is, in my opinion, the best market in the world! It is one of the few avenues by which just about anyone with a couple thousand dollars in trading capital, can achieve financial independence. This market is becoming increasingly popular, and it’s potential for the future is vast.

Throughout the world, currencies are continuously bought and sold, both by large institutions and individual traders. Since it’s establishment in the 1970s, the Forex market has gained a tremendous amount of ground with many countries participating in it, and thus fueling it. Once a proper understanding of how the market works is gained by an individual, and good solid tactical trading plans are established, the degree of financial gain that can be obtained, is nothing short of astronomical. Read the rest of this entry »

10 Things Stock and Commodity traders need to know about trading Currencies:

1. Did you know that the Canadian dollar is highly influenced by oil? As oil goes up, it provides support for the CAD. Also, rising oil hurts Japan since they have to import over 95% of their oil no matter what the price is at the time. This is why CAD/JPY can be a great “oil trade”.

2. Did you know that the Australian dollar is highly influenced by gold? As gold rises, in provides support for the AUD.

3. Did you know that the Japanese yen is a gauge of risk? When the Dow goes down, it generally goes up. When the Dow goes up, JPY generally goes down. Read the rest of this entry »