Top Five Intra Day Trading Tips To Become A Better Trader

In words of Warren Buffet The stock market is a device for transferring money from the impatient to the patient. Let’s read between lines. The investor or trader who is impatient (frequent buy/sell strategy) transfers money to the patient (holding strategy).

Find below herewith five tips which should be followed by a day trader:

Take advice of professional trader

Before one starts day trading it is better to take advice from experienced and expert day trader trainer. Every trainer will have different teaching method and style. See for one who has good teaching method. He should also suit your trading style. They may be ready to teach in their free time. He may charge the fee. As he is spending his free time with you. But it is worth. You can assume that paid fee as an investment, which you need to get knowledge. They are the best share tip providers when you trade.

In future when you grow big, many newbies’s will come to get knowledge from you. At that time you can charge them likewise.

Gather information from financial news

One has to gather news from across the globe. Segregate relevant news, which affects your business. Analyze and set priority which news will most affect your business. Stay updated on news like meetings, change in government policies and rules. Local, national and international news should be followed.

M&A, financial results, entry/exit of members of BOD, etc. These types of related news of the company one have shares in, make sense.

Though the news does not impact a common man but may have an impact on your investment in the concerned company. This news helps to take a smarter decision, especially while trading shares. Through nifty future tips also one can gather information.

Treat trading as any other business

Take day-trading as any other business. It is not a hobby, but a serious business. It is not for fun that one is in day trading. Like any business, it needs devotion and dedication. Trading is a part. One has to devote a lot of time preparing a plan. Study different charts before coming to any conclusion. Follow news on TV, read business magazines, study reports etc. It is a full day activity.

Keep eye on professionals

One should study professionals. What they are buying, when they are selling. For how much time do they hold the script? Since they have experienced one can learn a lot by keeping eyes and ears open and mouth shut. If one makes mistakes, then analysis the mistake. What went wrong and where? You can find them in many share market advisory companies.

Patience

It needs time, energy and devotion to master the skills. As the old saying goes Rome was not built in a day It was destroyed and then rebuild. This process was repeated many times over. Even if one makes loss he has to get up again for a fight.

Traders do not profit all the time. Many a time they incur losses. So one has to be prepared for losses and have patience during the time of loss. Commodity tips are also helpful to know the market trends.

Today’s successful traders were also novice once in a while. They got success by their hard and smart work. They had put in their efforts, made mistakes, but kept up their learning process.

5 Common Residential Finance Questions of Home Buyers

No matter where you live, a home is a basic requirement and a necessity for life. Sadly, no necessity is available free of cost. If you want to buy a home, you need a home loan. Don’t think applying for residential financing is difficult. It’s simple when you read this article. It includes answer to the most common questions asked by home buyers.

1 – What Type of Residential Finance is available to you?

Today there are several types of loans in the field of residential finance.

• Owner Occupied Residential Purchase

• Residential Investment Purchase

• First-Time Home Buyer

• Renovations, Extensions and Construction Purposes

• Refinance of your Existing Loan

• Debt Consolidation of your Existing Home Loan Debts

• Home-Equity/Cash Out purpose

• Restructure your Home Loans with Current Lenders/Credit Providers

2 – What are Features of Residential Finance?

Each lender/credit provider offers different interest rates and finance/loan conditions. Residential loan packages often incorporate many of the following options and features for you to consider:

• Variable or Fixed Rate Loans

• Interest Only or Principal & Interest Loans

• Combination (Split Loans)

• Line of Credit

• Offset Account

• Impaired Credit History

• Redraw Option and Access Availability

• Non-Conforming Loans

3 – What is Home Equity/Cash Out? How can it benefit you?

A Home Equity/Cash Out can unlock relatively large amounts of money for borrowers who want to borrow against the value of their home or property. More and more consumers are finding this type of finance arrangement to be very attractive. Such loan programs are very easy to qualify.

The concept of how Home Equity/Cash Out works for you is best explained by the following illustration. The illustration also assumes that you have an existing residential finance loan on your home or property:

The value of your home or property is valued at: $800,000

Less Your current home loan balance owing: $350,000

Your home equity amount is: $450,000

From the example illustrated above you can clearly see that you have $450,000 equity in your home or property, which you can use to:

• Buy your second or third investment property

• Invest in shares or managed funds

• Renovate, remodel, or otherwise improve your existing home and property

• Purchase vacant land and construct a new home on the vacant land

4 – Why Pre-Approval is better in Residential Finance?

With a pre-approval, you will have the peace of mind knowing that:

• You have a clear picture of what your borrowing limits are

• Your finance request has already been pre-approved and you will know the conditions of your pre-approval

• You have the upper hand when negotiating the sale price with the vendor, real estate agents, etc.

5 – How to get Lower Rates on Residential Finance?

Getting lower rates on home loans is very simple. Take help of the internet. There are many online companies that provide residential finance opportunities. Because of heightened competition in the financing market, lower interest rates are offered. Also, web companies offer faster approval because of their online nature of business.

So, these are the questions that often trouble other home buyers. But, now that you have answers to them, finding an affordable residential loan will be easy for you.

Should I Discuss Finances Before Marriage?

So you plan on getting married soon, and there’s just something that you’ve had on your mind, but you just don’t know what you should do or how you should say it. That would be the questions you have concerning your future spouse’s finances. You really need to know something about the finances before you say I do! You really don’t know how your future spouse has paid their bills and you just need to know now before it becomes a problem later on.

Well, as the old saying goes you can’t live on love, you need money to survive! Finance questions before marriage will help you and your future partner understand where you both are financially before marriage.

If your future spouse is not able to contribute financially, you will know this before you say your vows. That is why finance questions before marriage is so important!

How do I find out about my future spouse’s finances? You can find out by asking your future spouse, some or all of the following questions:

How much money do you earn? Can I see a copy of your credit report and score? Do you pay your bills on time? What is the balance on your outstanding bills? Have you ever filed for bankruptcy and do you have any judgements against you?

Do you pay child support? Do you have a savings account,insurance,investments and a retirement plan? Once we get married, will we both be able to spend freely? If we purchase a home will we own the home jointly?

Discussing your finances before marriage is important for future spouses who are planning to get married. It is a difficult subject for couples to discuss, however, it is crucial in maintaining a good relationship.

It may be beneficial to you and your future spouse to discuss your finances before saying your vows. It’s a good idea that you both are on the same page about how your finances are before the marriage and what your future goals will be for your finances. This may assist you both in getting past one of your most important hurdles for a marriage!

Discussing your finances prior to marriage, should assist you and your future spouse on keeping your marriage on track and in a positive direction for your future goals.

Judge Some Facts Before Exchanging The Money

When you will go traveling, then you have to take the things, which you will need in that place. It is necessary because you will not get the facilities of your home there and you have to be prepared for every situation. But when the matter comes to the visiting of a foreign country, then apart from our excitement we have to think about the thing first is the money. As all of us know that there is variety in the currency of different place. So, we must take the proper currency of that place as we cannot do anything without it. There are some methods, by which you can exchange the money, like the banks, the ATMs or from some brokers.
The banks are the most reliable medium for exchanging the money. You can be assured by the fact that you will get the service authentically. They will systematically exchange the currency and you don’t have to think about it. You can also convert it from the banks of that place also. You will get the same reliable service. But as you are going to a public sector, then it will take some time and you have to wait for it. So, if you don’t have the time to wait there, then you will face difficulty by exchanging through the banks. The banks also charge high rates for converting the money, then it can be expensive for you.
You can take the money from the ATMs also. It is the most convenient medium for getting your cash, as you yourself will draw the money and you don’t have to depend on someone for this. So, you can take the money whenever you needed and it is the fastest service. But there I also the problem, as the ATMs charge a very high price for drawing the money. It will become more expensive for you as you have to pay more than the normal transaction. If you think that you will get the money at a time, then also it will not be safe for you to carry so much money to an unknown place. But with every transaction, you have to pay the charge.
When you will try to go some brokers for Cash Exchange, then it becomes easy for you as you can get the money by sitting at your home. You can do it by online and the agent will come to your home and will take the money from you and will also return it within the given time. It can be a suitable option for you as you don’t have to do anything for the exchanging the cash. But there also can be a problem as the matter is about your money, then you have to be a little careful and have to know about the broker and the agent, who will be the medium of transaction. If they are not reliable enough, then your money will not be safe enough. There is also the matter of the false currency as it has happened in the services like Australian Currency Exchange. So, be careful about every facet of exchanging your money so that you don’t have to waste your money in the wrong place.

Common Vendor Finance Questions Answered!

How does it work?

Vendor finance is when the person selling something is allowing the person who is buying the asset or object to pay for it over time. This can be for anything, a house, a car, a bike or even something as small as an iPod! For example, If I was selling you a bike for $500 then you can either pay me $500 now, and take the bike away. Or you could pay me $100 now and then $100 over the next 4 weeks.

Either way you are still buying the bike for $500 dollars and I am still getting $500 for my bike. The only difference for me is that instead of getting $500 up front I am getting $100 up front and the rest at $100 over the next 4 weeks. If you buy the bike the second way then I have vendor financed that bike to you.

It is the same concept with a house. The only difference is that with a house there are a few extra bits of paper work that you need to use to make sure that the process goes smoothly. Most people who are selling their property want the money up front and therefore don’t want to offer the vendor finance.
But every now and then a property comes along and it does suit the seller to sell using vendor finance. For example maybe they don’t need all the money now because they are going traveling or they have changed jobs and are moving out of the area and will be renting for the next few years so they don’t need all their money straight away.

This is why when a property that is selling using vendor finance terms, then there is always a lot of people who can see the opportunity and often it is the quickest person that makes a decision who gets home ownership. Vendor finance is a great way to buy a home!!!

Is it legal?

Yes vendor finance is 100% legal! It has been used in Australia for over 100 years. The Australian Government has even used vendor finance at times to sell properties.

Starting in the late 1800′s many parts of Australia including North Sydney, the Blue Mountains and the Hunter Valley in New South Wales were sold using vendor financing on house and land packages.

Historically, vendor financing is popular when banks decrease their lending. During and after World War II, there was very little money from banks available to buy residential property, as most of the money was being used for the war efforts. At that time, if a vendor wanted to sell their house, they would offer vendor terms (financing) to the new buyer because the buyer couldn’t get a bank loan.

Today, small and even larger developers such as Meriton, sell their properties using vendor or seller financing. One reason Meriton sells this way is that buyers can purchase on a lower deposit. Instead of needing 20% deposit upfront to qualify for a bank loan. This makes it a lot easier for Meriton to sell their home units because they are opening up the market to more buyers than just those who have 20% deposit. Naturally, as part of their process, Meriton will do their up most to confirm that the buyer has sufficient income to support their monthly payments.

Why don’t more people know about it?

Most people use a bank for buying a property. This is because the people selling normally want all their money up front. Most of the time they will pay off their mortgage and if they have any money left over they normally have plans for that money. They may want to buy another property, buy a car, invest or just put it in the bank.

What this means is that most people don’t want to sell using vendor finance and so, there is never a massive amount of properties on the market that you can buy using vendor finance. That is why they often sell quickly.

However, there are always people out there who are willing to sell using

What’s the catch?

There is no catch. You can legally and ethically buy a property this way. There are many people just like you who buy a property this way every day. Most people have never heard of buy a property this way and so have their misgivings. But you don’t need to as this is a great way to buy your own home if you don’t have a full deposit, or you may just not meet the banks tough qualifying criteria.

What if I get into trouble and can’t make a payment?

What would happen if you bought a property using a bank and you stopped paying? It is the same with this process. You would get a letter asking you to catch up. If you made up the payment then that would be the end of it. If you don’t then you get another letter. This process follows like the banking system. If you don’t pay then you cannot keep the house. If you fall behind then you aren’t thrown out onto the street.

There is a process which allows you to make arrangements to catch up. It is in everyone’s interests that you don’t fall behind with the payments.

That is why we never put people into a house if we feel they cannot keep up with the payments. We have checks and certain criteria which we look for to make sure that we do our best to eliminate the possibility of you falling behind. That being said you never can control the future.

Who owns the house?

The owner of the property keeps their name on the title but you get the right to occupy and you get what’s called equitable title (in Queensland). The Government recognises the contract and it is stamped and processed by them. Check with a solicitor your legal rights. If you like you can contact our office, as we can put you in contact with solicitors who have a lot of experience with vendor finance arrangements.

Can I on sell the property whenever I want?

You can sell the property at any time. The only thing that you need to be aware of is that you need to make sure that when you sell the property that it sells for more than you paid for it. For example, if you bought the property for $400,000. Then you will need to sell it for more than $400,000 because when the property sells you need to pay out to the seller what you owe him. Which in this example is $400,000.

What’s great about this is if the property goes up $50,000 and you sell it for $450,000 then you get to keep the extra $50,000. You can then use that money to get another property if you like. This is why it is in your interests to buy a property and then clean it up because it adds value which you get to keep once you on sell the property.

Do I still have to have property inspections?

No the property is yours. You are not renting it. Therefore you do not have any property inspections. Also, if you wanted to paint the property a different colour then you can. If you wanted to do any landscaping you can. It is your property.

Who pays the rates?

It is the exact same system as if you went to the bank and bought a property yourself. In other words, if you bought the property using a bank loan, who would pay the rates? You would as it is your house.

It is the same with vendor finance.
Important notice: Please beware that you this information is only a guide and you should get legal and financial advice from professionals whenever you are buying a property. Whilst we have tried to keep this information as current and up to date as possible it is only a guide and further investigation is needed.

Sip Calculator Magnetizing The Investors Towards Online Investing

Online investing option has reached to a higher level with the introduction of SIP calculator. Making the calculation of SIP amount easy, the tool is handy to use as well. Let us understand the concept of SIP calculator with a story. There were two friends Yash and Rohan. Both had passed out college and were placed in MNCs. With the commencement of their career, they took a resolution of initiating their investment also. Yash was very trendy, and new technologies magnetized him. On the contrary, Rohan was simple and was not much of a techie. As both of them decided to invest, Yash did all the research online and also prompted Rohan to take up the online investment method. But, as for Rohan, it was not his area of expertise. So, Rohan relied on the mutual fund agent, and Yash went for online investing. When it came to deciding the amount to invest as SIP monthly both were confused. Yash took the help of an SIP calculator, and Rohan trusted the agent. But, the outcome was that Yash got the exact amount required for investment and the agent failed to calculate the precise amount and thus took an approx figure. Thus, for the same scheme Yash paid the correct amount that was required and Rohan had to pay a little more due to the inaccuracy of calculations.

The story signifies the importance of SIP calculator in the investing process, because the amount of SIP decides the corpus (the main aim of investing). Especially in the online investing the role of an SIP calculator is of vital importance. The investor advances towards being free in order to make the optimal use of their money. SIP calculator acts as a catalyst in aggravating the process investment through proper channel.

Features of an SIP calculator:-

There are a lot of features which motivates an online investor to use SIP calculator. A few amongst them are stated below:

Easy to use:

SIP calculator is an easy tool to operate on. The user-friendly approach is the striking feature of the tool. Providing an environment of smooth functioning and quick calculations, an SIP calculator in India is making online investments attain new heights with each passing day. The main reason of the increasing inclination towards online investment is the handy tool (SIP calculator), which ease out the complex calculations manifolds.

Using CAGR:

SIP calculator uses the formula of CAGR (Compound Annual Growth Rate) to calculate the returns. CAGR is the most widely accepted concept for the growth calculation of investment over a period extending one year. The calculation of CAGR is very complex and not beyond the grasping power of non-financial people. It is a mind wrecking concept and takes time to understand. But you need not worry. The CAGR calculation is simplified with the help of SIP return calculator. Paving the way for quick and easy calculations, SIP return calculator has become a defining point of online investment.

Targeting accuracy:

The goal of an SIP calculator is to provide results that are 100% accurate. But, it works on the inputs that are fed to it. Any mistake in the input data leads to an erroneous result. Otherwise, the result shows the exact and accurate outcome without the mistake of a decimal place. A perfection of that level is surely a strong feature of SIP return calculator.

The Benefits Of Trading The Commodity Market

Like trading in the Stock market, trading in the commodity market is also very interesting. While one trades on the basis of Stock Cash Tips in the stock market, the trader can trade on the basis of commodity tips in the commodity market. ProfitAim Research is one such advisory firm, which provide both the best Stock Cash tips as well as commodity tips to the traders.
Commodity market seems to be a lucrative avenue to a lot of traders and Investors. In the Commodity market various commodities are traded and one can take benefit of the price fluctuations to trade effectively in the commodity market. Various commodities are listed on the Commodity exchange and the relative prices of various commodities are traded on the exchange. There are various benefits of the Commodity trading like a trader can make huge profits by trying to forecast the Commodity signals. The most important part of the Commodity trading is to anticipate the Commodity trading signals.
Scalping: Intraday Trading Strategy For Commodity Market
One of the important benefits of the Commodity market is that the trader can form a strategy and trade on the basis of it. The Intraday strategies like First hour strategy or scalping techniques can be followed to earn good profits from the trades. Scalping is a technique to look at the price range during the first hour of trade and then look for a breakout from this range. Thus, if the prices break from the high it’s a buy call and a rise in the prices is anticipated. On the other hand, if a breakout from the lower limit of range is observed a down trend is anticipated. Thus, scalping is an important strategy in achieving good profits from the Commodity markets.
Also, there are other strategies available like trading for small profits. In this case small changes in the Commodity signals are generally traded for the profits. Also, a large number of trades are executed to add up to large profits, this will be applicable in Stock cash tips as well. The Commodity trading signals are unassuming but still with a proper plan and a proper strategy good profits can be made through Commodity markets. The trader can also base their trade based on the advice from the advisory firms who provide free Commodity signals initially and then charge a nominal amount for their services. Thus, the Commodity trading is beneficial if done with proper planning and strategy.
Trading based on the Charts
Trading in the stock or commodity market is an art difficult to master. People use various methods and strategies to trade in the stock markets. Trading based on the charts is one of the ways out of them. Various types of charts exist like Candle Stick charts and line charts. These charts can be plotted with varying time scale. The price movement depicted by chart can be an important way of forecasting future prices.
Thus, one can trade on the basis of charts and by applying suitable indicators of the technical analysis, one can anticipate the price movement. Trading on the basis of intraday Stock Cash Tips is the other way of trading.

Lead You To The Authentic Zone Of Money Transfer

If you have an international business and you have to move to many countries for the purpose it is the urgent requirement to find a reliable and efficient money transfer service. Business with any other country will require a resourceful money transfer. This transfer should be fast efficient and safe. Your trade shouldn’t be forced by the variation in exchange rates either. For all these reasons, it is prudent to take the assistance of International money transfer Services available. It will be better to find the reputed and quality one on the internet. It is an internet era and you get different types of information on the internet.
Process Involved
This service helps you find a provider that you are comfortable with. After you decide on the money exchange provider you will need to complete some forms. Once you have established contact, you will be informed about the rules, terms and conditions involved with a deal. Finally, you will be asked to complete some forms to set up your account. You can fix a standard rate for your exchange as well. The whole process is hassle free and once you learn how to go about it, the upcoming transactions will be smooth, effortless and quick.
Exchange Rates
When you wish the inexpensive currency transfer to be done, you should be careful about the rate you choose. With large amount of money a little change can make a big variation for your commerce. When you transfer your money to a bank, they will transfer it at a great exchange rate that you are happy with on the day you have mentioned. Exchange rates promised may differ between agencies that are why you should be careful while choosing one.
Staying in the circle
Most good free currency transfer companies will make sure you are kept in the circle about where your money is. When the transaction is being made, you will be sent a verification message and sometimes even a message. You will be consulted before and after the deal, which assures that nothing can go wrong with the deal. This feature gives you more control over your money.
Expediency and safety
Foreign Exchange is a very expedient way of sending money across countries. When you choose a reliable company, along with good customer service, you will also safer transferring your money. This service is as useful for the common man as it is for businesses. Having an overseas exchange agent working for you is an immense way of saving money. In some websites, you get to check the exchanging rates promised before you sign in to transfer money. This makes it easy for you to select the best in the record.
Currency Exchange near me, this thought is quite wise and intelligent as there is lower risk for the safety of your cash. If you are in Adelaide, you can find a good currency exchange company that has a strong team for a powerful deal of money transaction. A reputed and trustworthy company always offers the better rates and a higher security.

Common Vendor Finance Questions

When it comes to the world of vendor finance, there are plenty of questions that people have. You may be upset over conflicting information you have come across out there. For example a question that comes up is if this type of financing is really a good idea. You will get both sides of the coin on that particular issue. Here you will get honest and straightforward answers to your questions.

The truth is that vendor financing can be a great idea IF you go about it correctly. By taking the time to find out what the options are, to evaluate the program, and to read all of the documents about the program before you commit to it you can get the funds you need. You will also be well aware of the cost involved such as your monthly payments. However, if you rush into vendor financing you may discover you didn’t have all the facts and that you aren’t working with the best company out there. In that case then no, vendor finance wasn’t a good idea at that point in time.

Another common vendor finance question has to do with the concept of finding a good program. There are many ways you can accomplish this. First, think about what it is that you will need for your business. Next you can go online and find those companies that could offer it. Explore what they have to offer as well as their reputation with vendor finance programs. From this research you can narrow down your selection to the top few. Setting up free consultations with them will help you to further narrow down your choices.

You may be wondering how the loan for vendor finance will be structured. That is a very good question and one you need to be well aware of. The answer to this is more difficult though as it will vary by program. Generally speaking though you will get a maximum dollar amount for equipment and supplies that you can access. You will get a set interest rate to go along with it. Based on the amount that you access, your monthly payments will be determined so only buy the equipment and supplies that you can’t do without.

While you will have every intention of making payments, what if you can’t? Working with the program is the best place to start. By letting them know what is taking place they may have some options for you. If it is impossible for you to pay, some companies will write off the debt. Others will take it to collections and even repossess the equipment and supplies that the money was allocated for. Do your very best to not let things get to this point.

You may be wondering what the total costs will be for you with a vendor finance program. Once again, that is going to vary by program. However, they should be able to give you all that information during the free consultation. Ask for it in writing so you have documentation for your records. This will also make it easier for you to compare the different programs.

In addition to these common vendor finance questions, you may have some that are specific to what you wish to accomplish for your business. Try to find those answers online but if you aren’t successful, contact some of the companies out there that offer such programs. They can give you an in depth idea of how certain things are going to affect your particular business.

With all of this information in your hands, it is going to be easier to see that vendor finance may be a viable option for you to consider. At the same time you can feel confident about going about it in the right way. You won’t be taken advantage of or be left out in the dark. There are plenty of benefits with vendor finance so don’t let the opportunity slip by you without careful consideration.

How To Save Money On Your Two Wheeler Insurance

Tips to save money on two wheeler insurance

Many people in India own two wheelers. It is compulsory for you to buy a two-wheeler insurance policy if you own a bike or a scooter. But can you reduce the insurance expenses? Sure you can! Just follow these tips and you will see a difference.

Avoid making smaller claims: Before you make a claim, see how much the bill amount is. If it is a small amount, pay it yourself. Making numerous small claims will unnecessarily bring down your NCB to zero which will overall lead to a loss.

Attach anti-theft devices: A car insurance plan offers protection against theft and other dangers to the car. So if the car is found to be safe and less susceptible to thefts and break-ins, the insurer will offer a discount on the premium. Therefore look to install some anti-theft devices to the car to not only keep it safe but also to reduce your insurance costs.

Be a good driver and earn No-claim bonus: Driving carefully will reduce the chances of your car getting into mishaps. This will reduce the need to make claims and you will earn NCB. The NCB will in-turn pull down your insurance premium costs.

Renew two-wheeler insurance before expiry: Do not wait for the two wheeler insurance policy to expire before you renew it. If you have a lapsed policy, you may need to pay some fees and fines to get a new plan. So always try to renew the policy on time to save money.

Buy online: It is known fact that insurance bought online is cheaper. So buy a two wheeler insurance plan online and save a considerable amount of money.

Choose the right kind of cover: If you have a two wheeler that you use occasionally or is almost on its way out, opt for a third party cover. If however your bike is used daily and is a valuable vehicle, go for a comprehensive plan. Knowing which cover you need will help you save money.

Deductibles: Every two wheeler insurance plan has a deductible component. This means that as the policyholder, you will have to pay certain amount at the time of a claim and the insurance provider will pay the rest. A high deductible will lower your premium costs and vice versa. If you are confident of your driving skills and feel you won’t need too many claims, opt for a higher deductible. This will help you save money on your two wheeler insurance plan.

Compare: Last but not the least, you most definitely need to compare the available car insurance plans to get the best deal at the best rate. This is one of the easiest and quickest ways to save money on your bike insurance plan. Compare when you buy a new plan or renew an existing one.