Author Posts
Currency Trading

Reducing the risks of CFD trading

With Australian CFD trading, there are numerous risks. You can reduce these but remember that no trade is risk-free. CFD trading is becoming increasingly popular in Australia because it offers many benefits, such as the ability to trade on a wide range of markets, including shares, indices, commodities, currencies and treasuries. CFDs also allow you to trade with leverage, which can magnify your profits and losses. Use a reputable broker Choose a reputable and regulated company when you’re looking for a broker with whom to trade CFDs. Check that the broker is a member of the Australian Securities and Investments Commission (ASIC) and that they are licensed to provide CFD products. Manage your leverage Leverage is one of the critical features of CFD trading and can be a great tool to

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Loans

Can I Purchase a Primary Residence with a Hard Money Loan?

You are looking to buy your first home. You have been to every bank and credit union in town but cannot seem to arrange a mortgage. You have tried mortgage brokers too, but no luck. Then someone suggests you get a hard money loan. You start digging around only to be more confused than when you started. Now you have but one question: can I purchase a primary residence with a hard money loan? Yes, no, or maybe. Are you even more confused now? If so, you are not alone. There are tons of articles online describing hard money in so many different ways that it can be hard to keep up. The reality of the hard money game is that lenders are free to operate their businesses as they see fit. Hard money lenders are private lenders, so they don't have to follow the same rules that apply to banks ...

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Insurance

6 Things You Should Know About c

Workers’ compensation insurance is a mandate in Australia. If a worker suffers from an injury or falls sick in the workplace, the employer is bound to bear the cost of treatment. The insurance also covers mental illness (from excessive work pressure or a collapse in work-life balance) for which the employer must pay for the rehabilitation. 6 Things about the Insurance You Should Know Since workers’ compensation insurance in Australia is compulsory, you should be well-versed with the nitty-gritty of the same. 1.    This Insurance is Applicable for Any and All Type of Work Irrespective of the mode of employment, workers’ compensation insurance should be issued whenever an employer hires a worker. The insurance covers full-time, part-time, contractual, seasonal and casual workers. In ...

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Finance

Money management tips to help you survive the pandemic

This pandemic has worsened our pre-existing financial vulnerabilities. With millions of jobs lost or earnings reduced, there is only one question left in mind - how to bounce back without enough money at hand? The whole world is truly living in unusual times. The unprecedented lock-downs and quarantines, volatile markets, and economic recessions brought about by this pandemic are making our lives scary and stressful every single day. While we take care of our health to prevent the spread of the Covid-19 virus, it is also important to prepare and readjust our personal finances so that we are on a solid foundation whatever happens in the near future. Take a look at some of the money management tips that will help you while you are facing uncertainty during this pandemic. Enhance eme

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Currency Trading

Five Things Traders Need to Consider 

In Forex, experts make many suggestions to newbies. Someone says to use the right plan, someone else says to reduce the risk, and so on. But, besides these, traders need to consider some other things to ensure success. Being a trader, if you read the history of the experienced traders carefully, you will see, they have faced different types of issues during the time of trading. But, most of the time, they do not mention these issues. In this post, we will discuss the issues, you need to consider during trading. So, if you want to build a successful trading career, you should know about these. Don’t trade more than 4 hours per day Many traders try to trade 24 hours as they think that will help them to make more money. But it will not. In reality, as a trader, you should not trade more

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Accounting

Motorhome Financing: When is the Best Time to Buy an RV

We can all agree that the COVID-19 pandemic has practically restructured our lives in various ways. During the lockdown, we were all forced to stay in and travel less, and even now as people begin to move out and about, there's a visible preference for road trips as opposed to air travel. Traveling on the road has a certain appeal, and more people are taking to it. One of the best ways to travel via road is in an RV. This is because it has a certain convenience that a normal car lacks. You can't cook, eat, and sleep comfortably in your car, but with an RV, you can do all these and more. An RV also makes the idea of a long trip seem less confining and intolerable. If you’re planning a road trip and the thought of owning an RV appeals to you, here’s my advice; time your purchase to ...

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Accounting

As States Legalize Medical Cannabis, Banking Remains an Issue

Starting a new business should be a rewarding and exciting experience. When your business is in the medical cannabis industry, it can be all that and more. But your experience can also be fraught with problems that other industries do not have to deal with. The lack of bank access is a good example. Did you know that the majority of medical cannabis dispensaries around the country are cash-and-carry operations? A few have managed to find partners willing to facilitate electronic transactions, but most deal only in cash. They have to for the simple fact that banks will not do business with them. The banking issue is directly related to marijuana being classified as a Schedule I controlled substance under federal law. Because of its status, businesses operating in the medical cannabis ...

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Finance

How to Protect Your Retirement Funds When You Lose Your Job

Losing a job in this economy is terrible. It’s even worse if you’re an ex-pat. When millions of people worldwide are losing their jobs, you might find it challenging to get a new one. The worst part is that it can also harm your retirement funds. You worked hard to build your account. Since you lost your job, you might start to panic. The good thing is that there are ways to protect your retirement funds. Roll it over to your next job If you eventually find a new job, local or overseas, you can roll over your previous savings account. There are laws to consider in this regard. Make sure that you understand what it takes to transfer your savings. You can also talk to pension transfer experts since they will help you understand the complex process. They will tell you what your options

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Finance

Tips for Successful Expat Tax Planning

More people are becoming expats so that they can live out their dream of working and retiring overseas. Starting life somewhere new is an exciting experience and allows you to start afresh and enjoy a new beginning with your family. However, one difficulty of being an expatriate is taxes. They can get complicated and take more work to get right. In particular, if you are a new expat, you will have a lot to learn. After all, the last thing you want is to get penalized for a mistake. Here are some helpful tips for successful tax planning for expats. https://pixabay.com/photos/city-street-people-urban-crowd-438393/ Know Your Home Filing Rules It is essential you understand the filing rules of the country you are from. For example, if you are from the United States, you will have t

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Finance

Why Liquidity Is Important in Forex Trading

Many Forex beginners often get confused about liquidity and volatility. Novice traders think that these terms are somewhat similar, but they are not. Approximately $6 trillion transactions are taking place every day in this largest financial market, and because of this huge transaction, this market is getting popular day by day. Both are important terms in this trading world. Volatility refers to the drastic change of the currency’s price, and liquidity is the activity of the market. It is evaluated by the number of active traders and the volume of trading. Since this platform remains open 24 hours, there are lots of placements and executions. The liquidity of the Forex business determines the degree of volatility. It means that if the volume of trade becomes higher, the volatility will

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