Archive for the ‘Uncategorized’ Category

Basic Investment Information

By: ispeculatornew | Date posted: 01.31.2017 (2:00 am)

hand holding coins and build coin graph

Investing for one’s retirement is about as important of a task as you can get, especially in an era where company and government pensions are becoming less reliable for various reasons. There are many different ways to plan your retirement and buying a solid etf or income-focused portfolio can go a long way. Another very solid alternative is doing business with a wealth management company that can provide additional investment information that you need. They will often be able to focus on areas that many investors typically fail to focus on such as tax efficiency, reinvestment of income and taking the time to improve the portfolio over time.

Learning More About Investments

 

There is very little to lose when you decide to meet a wealth management company. They will usually offer to go over your current situation both in terms of income, objectives, and assets/liabilities. You do have to keep in mind that they will be trying to find holes (there always are) or things that they can “attack”. But feel free to go over whatever material they do provide and go over it alone over time rather than taking a decision right away.

Speak with the professionals that actually know more about the specific investments that you can make. They’re able to help you make the best decision that you need to make. Destination Wealth Management can be the company to work with when the time comes. You just have to give them a call to find out even more about investments, about your money and about anything else you have.

To learn more, visit www.destinationwm.com

The Ultimate Museum Adventure in San Francisco with Museum Hack

By: IS | Date posted: 12.13.2016 (3:44 pm)

Choosing just one fun, energetic and exciting adventure in San Francisco can be a tricky task. With so many unique experiences to choose from, how do you find the perfect one? Well, if you crave adventure and love juicy gossip and interesting stories, a Museum Hack tour is the perfect fit.

Museum Hack leads museum adventures in some of most amazing museums on Earth. Their tours are designed to be high energy and fun, perfect for helping people see museums in a totally new light. Complete with selfies with the art, games and juicy historical gossip, this is the most fun you’ll ever have in a museum.

Museum Hack hosts their renegades tours at the de Young in San Francisco, as well as in New York City, Chicago and Washington D.C. The de Young is home to some seriously eccentric collections (thanks to its namesake Michael de Young’s personal collection) but also includes everything from American Art to Textile arts.

Take a Museum Hack Tour of the de Young

Un-Highlights Tour: The de Young is the ideal location for a tour intent on finding the secrets and juicy gossips behind art and artists. The Un-Highlights Tour focuses on the kind of stuff you may not normally see on a museum tour.  It’s super high energy with a 100% satisfaction guarantee, and all the sass and wit of the Museum Hack brand.

Badass Bitches Tour: Female artists are criminally underrepresented in museums, so Museum Hack created a tour to celebrate female artists and female subjects. This fast-paced museum experience focuses on badass women in history. This tour will leave you ready to take on the world. It’s perfect for people of all genders!

Beta Tours: The“beta test” of the museum adventure world. Beta Tours are created to mint new guides and test out brand new tour ideas.  The most recent Beta Tour at the de Young was murder mystery themed, where guests had to solve clues and find the killer before they had the chance to strike again.

VIP Tour: The ultimate museum experience. Perfect for dates of all kinds, the VIP Tour includes wine! This premiere de Young experience will have you learning the secrets of all the hidden nooks and crannies of one of the greatest museums on earth.

Highlights of a Museum Hack Tour in San Francisco

  • Juicy stories about artists and art that aren’t often highlighted on traditional museum tours
  • Your tour guides will be passionate and energetic. They LOVE museums!
  • Never a dull moment
  • Selfies (with the art!)

Museum Hack has also figured out how to transform their museum adventures into seriously awesome company team building experiences.  These custom team building tours are designed to help get staff motivated and excited, and to boost morale.  This is the kind of activity your staff will LOVE so much they’ll forget they are team building!  And you know what the coolest part is? Team building tours can be customized to fit your company values, goals, and history.

If you don’t love art or museums, don’t worry. The Museum Hack design keeps the  non-museum-lover in mind, so they are a good fit for anyone. Whether you are a visitor to San Francisco looking for a fun and unique experience or a local seeking something new, Museum Hack is the perfect place to start.

 

 

Learn Lessons the Current Retired People Learnt the Hard Way

By: IS | Date posted: 09.07.2016 (3:01 pm)

 

 

Learn Lessons the Current Retired People Learnt the Hard Way

There is little room for maneuver as you get older. As retirement looms you may begin to realize that you have not made sufficient preparations. More and more people are continuing to work past retirement age but it is not always an option, certainly with an existing employer. Your Social Security benefits are available at 62 but the figure you will receive is only 75% of what you would receive at the standard retirement age some time during your 67th year. Even then the average monthly figure based on the best 35 earning years you have will go nowhere near providing for comfortable retirement.

There is a bonus of around a further 30% for delaying your benefits until your 70th birthday but that will not be an option for those who have to finish working.

It is worth looking at what retired people are saying about their regrets after finding life difficult once their regular monthly pay check stopped.

  • They retired too early.
  • They were too optimistic
  • They took Social Security benefits too early.
  • They simply didn’t prepare properly then found they were spending too much after they retired

Early

Sometimes people have retired without using logic. N apparently significant fund may actually diminish far more quickly than they expect even if there is no apparent waste.

Optimism

It is important not to take risks with finance in your retirement. Your fund will still earn interest by you have little scope for recovering from a setback. That means your investment strategy has to chance to more conservative products. It means some of your calculations are based on optimistic returns. The recession struck a fatal blow to portfolios that included anything that did not guarantee returns.

Social Security

The temptation to take benefits at 62 is real. If it is out of necessity then they had no real strategy for the future; it was about living for the present. As retirees live longer problems were inevitable.

Preparations and Spending

It is difficult to resist the temptation to spend as soon as you retire. You now have plenty of free time on your hands. It can seem like a permanent holiday and many people spend more money on holiday than during a normal working week. There are obvious consequences for doing that.

Easy Answers?

Frankly there is no easy answer for people who have not prepared for their retirement beyond looking for ways to earn money and that means part time or even returning to full time employment. That is not always possible for health and practical reasons. Even when it is in the short term there will come a day when they are simply unable to work.

If you are reading this article and starting to worry then so you should worry. Whatever your age you should sit down and start to analyze your finances in detail. The younger you are the more chance you have of saving to create a significant retirement fund. In order to do that you should pay off expensive debt like that on credit cards. You are wasting money paying a high rate of interest on any balances you are carrying forward. You should negotiate a realistic credit loans which in today’s market will be at a much more competitive interest rate. Bad credit Loans are readily available for those in employment with a regular monthly pay check with the debt divided into equal monthly instalments over the term of the loan. At the same time you should prepare a proper budget and even do some research to see if you can save money on some of your regular bills such as utilities, telephone and insurance. There are comparative websites that will do many of the basic research for you.

A budget will not work without self-discipline and that means using a credit card only when you can pay off the transaction in full when the monthly end statement comes in. The incentive for doing this is clear in the stories that retired people have made about the mistakes they made leading up to and in the early years of retirement. After all you do not want to find yourself in the same situation do you?

What To Consider Before Borrowing Money

By: ispeculatornew | Date posted: 04.16.2016 (8:06 am)

Borrowing money has really worked out for him and yielded some solid profits. Borrowing money and using debt as leverage can be an excellent financial strategy. The thing is that many of us are not savvy enough to borrow money and profit off it in the long run. Many young people are guilty of borrowing money today and worrying about the consequences tomorrow. This is why today I wanted to look at what you should consider before borrowing any money at all:

Why are you borrowing this money?

Do you absolutely need to borrow this money? Many times there are two viable options to not borrowing money: delaying the purchase or not making the purchase at all. A new car may seem like a good idea at the moment, but is it really needed? At other times the purchase can also be delayed (home purchase) by a few months or years until you have the sufficient funds needed. Of course you run the risk of losing out on a great bargain. This is why you need to clearly understand why you are borrowing this money.

Will you be able to repay this debt?

How steady is your income? When you’re making lots of money and many great investment opportunities come your way, it’s easy to rack up debt to be used as leverage. The critical question here though is whether or not you’ll be able to sustain this income in the long run and successfully pay off the debt? If you have a stellar plan to repay this debt then by all means go for it. You just need to have a backup plan in case you can’t pay off this debt.

What’s the interest rate?

With an amazing credit score you could potentially find yourself a low interest rate on a loan. In my opinion, the interest rate should be a deal breaker. If your poor credit score constitutes a high interest rate, then the interest paid on borrowing this money could be much more expensive than any profits you might gain. I found you can find good loan options at ToppFinans.com.

What’s your level of risk tolerance?

Can you sleep at night knowing that you’re thousands of dollars in debt? We all have different levels of risk tolerance. Some of us can engage in complex investment strategies and feel perfectly comfortable with everything. Others get nervous just having to make car payments. Before you borrow any money at all it’s important that you assess your own personal risk tolerance to debt.

What type of debt are you acquiring?

I won’t get into the whole good debt vs bad debt argument. That’s another debate for another day. Why you borrow money and how much you borrow should depend on the type of debt that you’re acquiring. You could borrow money to go for your MBA, increase your income by $20,000+ a year and then pay off your debt with your increased income, and feel great with your new position. You could borrow money to buy a new car and then want to switch cars after a few years. There are many different reasons to borrow money (education, car, home, personal, investment, and emergency). The type of debt you acquire should really dictate why you borrow money and how much you borrow.

Have you borrowed money recently? What’s the deciding factor for you when it comes to borrowing money?

Discovering Reliable Forex Trading Strategies

By: ispeculatornew | Date posted: 02.29.2016 (7:27 pm)

 

 

Forex trading is a profitable trading platform for all those who know how to trade currencies and use reliable Forex trading strategies. Trading online is an art, anyone who excels in this art can make good money through it and a successful Forex trader is the one who makes the best use of successful strategies. However, many researches have shown that the majority of the beginners in the Forex trading field fail after some time and the most significant reason is the lack of good trading strategies. A good strategy is vital for the success of every Forex trader and therefore it has to be the most important part of your trading plan.

Why do you need Forex trading strategies?

One of the biggest mistakes done by the new Forex traders is that they do not use any of the proven forex trading strategies. They trade by impulse and do not have any specific strategy in their game plan. Trading by impulse may provide some profits for a short while, but it is never fruitful for longer periods of time. Most of the beginners in Forex are keen to prove themselves and they do it in an egoistic manner, overestimating their own trading skills. By doing this they believe that they can prove themselves in a shorter period of time and quickly make a fortune. Instead, they end up in big losses since they lacked discipline and a sound trading strategy.

How to find reliable trading strategies

Forex trading strategies can be learned by researching online and you can find a decent amount of valuable, well researched articles about proper strategies if you search for them on the internet. Some of those strategies are aimed at helping beginners, while some are meant for the more experienced Forex traders. By studying them, you can learn the pros and cons of various strategies and understand which ones will suit you the most. The most important consideration is to find a strategy which suits your trading style and trading goals.

You should consider the following things before you select a good Forex strategy for you:

  • Which currency pairs are you dealing with?
  • Which timings of the trade do you prefer, day or night time, before the economic releases or after?
  • What are you trying to accomplish with Forex trading? Do you want to make it your main profit generating business or do you prefer it to be your side business?
  • How much trading capital do you have?

These are just a few of the many Forex-related questions which have to be answered before you select the right Forex trading strategies for your trading career.  The main thing to keep in mind is that Forex trading and successful Forex trading strategies require time and patience. No single strategy is effective all the time,  but you can become a successful Forex trader as long as you remember to use a patient and disciplined approach.

Happy New Year!!

By: ispeculatornew | Date posted: 01.04.2016 (11:11 am)

Good morning! First off let me wish the best for 2016!! Just to confirm I did close out the 3 remaining long and short trades on the close of the December 31st and will be opening new trades closer to the end of January when I’m back from vacations 🙂 all the best!

Hello world!

By: wpengine | Date posted: 12.09.2015 (12:59 am)

Welcome to WordPress. This is your first post. Edit or delete it, then start writing!

What Is The Best Strategy For Trading Binary Options?

By: ispeculatornew | Date posted: 09.20.2015 (8:24 am)

Any profitable binary options trader will tell you that in order to be successful in the industry, it’s important to have a solid strategy to work with. In fact, the better your strategy, the more profitable you can be. As a beginner trader, you’ll quickly learn that there are several binary options strategies to choose from. As a result, one of the most commonly asked questions I receive is “What is the best strategy for trading binary options?” In my opinion, that strategy is known as trend trading with the news. It’s really a combination of two different strategies, but if used properly, it can be incredibly profitable.

 

What Is Trend Trading With The News

Trend trading with the news is a binary options trading strategy that combines the trend trading strategy and the news trading strategy. Essentially, one of the first things you’ll learn is that market movement tends to happen in trends. Therefore, by following trends, you’ll realize that there are several opportunities to take advantage of. However, trends are born from news; which is why many traders utter the words “the news moves the market” quite often. Therefore, the trend trading with the news strategy is the process of following the news that cause the trends and taking advantage of the trends for profit.

 

What You’ll Need To Employ This Strategy

To employ the trend trading with the news strategy, you’re going to need two things…

  • Economic Calendar – First and foremost, it’s important that you know about the news events before they happen. Therefore, the economic calendar is an incredibly important tool. Economic calendars are offered by just about every major financial news outlet for free. They act just like regular calendars. However, there is one difference. Economic calendars list the events that are going to happen that are likely to cause movement in the market.
  • Candlestick Charts – Candlestick charts make trends easy to find and follow. These are also provided for free through most major financial news outlets.

How To Employ The Trend Trading With The News Strategy

Step #1: Find The News – First and foremost, you’ll want to open your economic calendar and read through the upcoming events. These events include job reports, earnings reports, company statements and more. Choose the events that you believe will cause the most movement in the market and make a note of what they are and when they take place.

Step #2: Make Yourself Available – You can’t trade if you’re not available. So, knowing when the events are going to happen, mark your calendar to make yourself available 10 minutes before the event and for a few hours after the event.

Step #3: Map The Trends – Before the event happens, open your candlestick chart and wait for the event. After about 5 minutes, a clear trend will become apparent. Make a note of what the trend is and how strong it is.

Step #4: Trade The Trends – Finally, based on your notes, it’s time to start trading. If the trend is an uptrend, start purchasing call options to follow the trend up to profits. Adversely, if the trend is a downtrend, start purchasing put options to follow the trend down to profits.

 

Final Thoughts

I’ve employed the trend trading with the news strategy countless times; and it has been incredibly effective for me. As you can see from the steps above, it’s not very hard to do either. So, what are you waiting for? It’s time to bring up your economic calendar and get started!

What Is a Binary Options Platform?

By: ispeculatornew | Date posted: 05.26.2015 (8:40 pm)

binary options platform

Meta Description: A binary options platform plays a vital role in a trader’s efforts to turn a profit. If you’re new to this field, it’s important you understand what this technology involves.

Ready to start getting quick returns on your money instead of waiting months or years like you do with traditional stocks? If so, binary options are definitely worth looking into. While it will definitely take you some time and hard work to get through the learning curve, once you understand the intricacies of this kind of trading, you could be in for some pretty big profits. Let’s begin your journey by getting to know the technology you’ll use every day: a binary options platform.

 

How Binary Options Work

In simplest terms, binary options give you two choices, hence the name. A call investment means you think a stock will be going up. A put means you think it will fall in value. You pick one or the other based on the expiry date, which is when the option will expire. There are more involved forms of trades, but this is the premise they’re all based on.

The unique thing about options is that they allow traders to make money in almost any economic climate. There are even trades for investors who think a stock won’t be moving anywhere. When stocks begin falling, most investors of those assets are stuck. Option traders can keep making money though.

 

Why You Need a Binary Options Platform

A good way to think of a binary options platform is as a means for viewing the market. Quality platforms will show you what’s moving and give you the tools to predict where certain stocks will go in the near future. This is the information you need to eventually make smart trades.

Without a platform, you’d basically be guessing. Gambling is probably a better term for it. Trading options would be nearly impossible and definitely unwise without this kind of technology.

 

Where Do You Find Platforms?

You won’t have any trouble finding a binary options platform. This type of trading has become so popular that they’re all over the Internet. The challenge is finding one that will actually be worth your investment.

A lot of times, brokers offer platforms with their services. This means you can often find a good platform by first finding a good broker. It stands to reason that, usually, those brokers who have a good reputation also have software that matches.

That being said, many traders use platforms that didn’t come with their broker. If you plan on finding a platform on your own, then you need to spend time taking advantage of free trial periods. There are just too many low quality titles out there that will otherwise waste your money and potentially destroy your chances with binary options.

Hopefully, this has helped you appreciate what a binary options platform does and why you need to take your time finding one. While you may be excited about the prospect of making serious money with options, just remember that it all starts with binary options.

Benefits and Risks of DBAs

By: ispeculatornew | Date posted: 10.07.2013 (4:15 pm)

dba businessIf you’re a sole proprietor who wants to legally do business without the massive cost of registering a corporate entity, you should consider using a fictitious business name or DBA (doing business as). You can do many of the same things as a regular business, such as advertise and accept payments but you need to understand what you can do.

Why and How of DBA

If you’re planning to operate a chain of businesses, or create a series of web sites they will use, a DBA will save you a lot of money. It allows a legal entity, individual, or company, to operate multiple businesses without having to go through the arduous process of creating a full-fledged legal entity. In some cases you’ll need a part of your name, and a description of the product or service you’re going to provide, such as J. Doe Marketing Research. If there is more than one person involved, you need to file an assumed name that’s different from your legal name, such as J. Doe Group.

DBA gives business owners a more professional appearance, and if you have a home-based business, it’s a great convenience. The process to register DBA businesses is different in each state but the price is less than $100, and in most states less than $50. In some cases, you’ll just need to register with the county clerk’s office or register with your state. As a DBA, you can open a business checking account, have a business listing, or even have employees. In that case, your DBA will need a federal employer identification number. Depending on how it’s done and its location, DBAs may need to file state as well as federal taxes every year.

Be Careful

The benefits of having a DBA far outweigh the costs, and that’s why a lot of larger companies use these fictitious names when expanding their businesses to another state or even another country. Even though you can do a lot with your DBA, there is very little legal protection to the business owner. It’s a name-only entity that is nothing more than a brand name. It’s transparent so ownership can be traced. Branding can also be an issue, especially if your name is not descriptive enough, and you may wind up having to constantly explain who you are and what you do.

Filing incorporation papers is an involved and expensive process. If your business is one of low liability and legal risk, it makes more sense to delay corporate filing until a later stage. As your business matures, the legal and tax realities of your situation may force you to make that move. If you’re in the business of finance, or law, or any other profession where you are responsible for providing a product or service that could lead to legal liability, a DBA without a legal entity to back it up doesn’t make sense. The best thing to do is to check with your attorney, as well as local and state governments, to see what your options are.

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