If you've paid much attention to the news lately, you'll have noticed that gold is a hot topic, maybe the hottest. Its spectacular rise in price has taken many by surprise, but for those in the know, it's perfectly natural. So why are so many investors flocking to buy gold bullion?The fact is that gold is the ultimate safe haven for investors. When people lose faith in paper money and conventional investments such as stocks and bonds, it's to...more
While a SEP takes the form of an IRA, employees still can set up their own IRAs. However, participation in the SEP will cause deductions for contributions to the IRA to be phased out for participants with adjusted gross incomes above certain levels.Employer contributions are excluded from the employee's gross income and are not subject to employment taxes. Elective deferrals and salary reduction contributions are also excluded from gross income...more
The banking and lending practices of countries can vary considerably from nation to nation. Some countries' institutions, when considering issuing a loan to a client, will demand a safekeeping receipt. A common practice in Europe, a safekeeping receipt is often demanded to prove ownership of a particular asset. This practice is not as common in the United States and, therefore, few institutions or companies offer this service. Citi Secured Depository fills the gap, providing US consumers with the safekeeping receipts required by their contacts in Europe.Different than a normal deposit of monetary assets in a bank, an institution or business which agrees to safeguard a monetary asset remains separate from the asset. Such a business only keeps the asset and, as needed, issues safekeeping receipts; the monetary asset is not owned or in any way usable by the business. Citi Secured Depository starts by conducting an evaluation of the assets for which a client requires safekeeping. They maintain a roster of experts in various fields of study so as to be able to accurately assess the value of a variety of assets, such as historical documents, trusts, stocks, paper money or coins which are...more
In order to encourage economic growth and reconstruction of damaged area, the U.S. Administration passed a Gulf Opportunity Zone Act in 2005 after the severe destruction caused by hurricane Katrina. The Gulf Opportunity Zone includes parts of Mississippi, Alabama and Louisiana. This act was formulated by the US Congress to offer tax and other...more
Call me old-fashioned, but I have never been able to view oil exploration companies as investments. Earnings visibility can never be anything but guesswork, hardly any ever pay dividends, most seem to disappear, one way or another without becoming Shell or Exxons...reminds me of a religious belief, professional explorers like to remember the one or...more
If maximizing and optimizing your skills and knowledge in the area of finance or investing is your prime concern, having an options seminar is a recommended step. This is going to provide you with some vital background information about the latest developments in the world of options trading, and it can even serve as a very strong introduction into the basic techniques that prove the most successful. Take note also that any options seminar flag-shipping a single system, principle, or application is unlikely to be that factual or beneficial because options trading is not designed to be a "one size fits all" class of investment. The truth is, conception of the options trading was basically a method of providing investors and financial experts a wide variety of choices to the traditional stocks, bonds, commodities, and securities markets.The best options seminar will surely tackle a preferred approach to a specific situation, but in no case it would view one course of action as the only one to be applied. It might look at a bullish market, for instance, as the time to write "out of the money" covered calls, or it might suggest that when markets heads an upward direction, a good call...more
What is commodity futures day-trading? Day-trading strategies are unique mechanical methods for entering a liquid commodity market early in the trading day, and exiting some time later in the same day for a profit. Keith Fitschen has developed a...more
Trading is a process wherein exchange of materials takes places. It implies saying that one item is bought in exchange for the other. One could imagine it as a daily activity where one buys are a required item in exchange for his/her native currency...more
Day trading can be a strong attraction. As a result, day trading courses are popular both online and offline. However, despite its being famous, participants who have attended such courses end up being disappointed. What is then causing the very high...more
The automated forex trading system is the result of the implementation of advanced technology in the field of forex trading so as to relieve the forex traders of the burden of continuous trading. Since the forex market is not bound by any timings, it...more
Mechanical trading systems are a convenient substitute for the manual method of trading which entails a lot of research and analysis on behalf of the trader. Since there are a number of forex trading tools and signals, it is virtually impossible for...more
There are seven main currencies in the forex market which are principally traded amongst each other in pairs and it is the ratio of these pairs which should be taken into account by the trader while conducting a transaction. Within the currency pair,...more