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Articles Archive for April 2006

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[12 Apr 2006 | No Comment | 474 views]

There is no way around needing Homeowners insurance if you are about to embark on the journey of purchasing a home. Depending on the size of the home, Homeowners insurance can cost as little as $400 a year to as much as $2000 a year, if not more in some parts of the country. The amount of Homeowners insurance you receive will also be determined by the value of the interior property, including the upkeep of remodeling on the home, as well as whether your policy will include valuable electronics and jewelry.
Once you have determined what type of policy you would like to implement, you can begin discussing yearly and monthly costs with insurance agents. One thing to keep in mind while you are searching for Homeowners insurance is that the rates won’t vary that much between each company, but there are small ways to save a few dollars to …

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[9 Apr 2006 | No Comment | 520 views]

It’s a great idea to get yourself ready for retirement and there is no better time to start than as early as possible. This, of course, helps you plan to have enough funds set aside for the future.
Whilst children set the scene for your cost base in the middle years, there is often enough time to get ready for your retirement if you plan things right around that time, when you might well have some spare cash.
Indeed many individuals have helped their children through college and they don’t miss that money anyway, so using it towards their retirement is an ideal solution.
These years may be exactly the time to take other investment actions as time may be available to explore and speculate a little!
It’s important to leverage the income you have, by reducing costs associated with mortgages and other loans, as they are often expensive – so this would be …

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[9 Apr 2006 | No Comment | 499 views]

Whilst ‘early’ retirement might sound wonderful, many people would not wish to be pensioned off quite that easily. In fact, worthwhile work in a stretching, yet enjoyable environment is probably much more likely to keep you feeling young, than an enforced early traditional retirement!
And we know that work just is so often not like that – sadly. So, the growing trend for the retirement is based on the fact that people retire early, rather than continue working at something they no longer enjoy at all.
It’s likely that upwards of 60% of the population would wish to retire before they were due to – often because of the hassle and lack of fulfilment in the workplace.
Truth is, that there are many benefits in early retirement, though these have to be balanced with the lack of income which can happen if money is taken from the retirement fund and/or that fund is …

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[9 Apr 2006 | No Comment | 504 views]

Recently my Father died. He was a successful businessman, all his life he had been meticulous in keeping his paperwork up to date, the one thing he kept putting off was the writing of his will. Despite constant nagging from his accountant and his solicitor he did not write one. It was not the cost or the time that put him off, we believe that he felt that by doing his will he was admitting that he was mortal and thus by putting down on paper his wishes for the distribution of his goods and chattels after his death it would accelerate the inevitable.
This unfortunately seems to be the opinion of many people in the UK (if you ignore something it will not happen) some people do not think they need to do a will as they have very little to leave, this is not always the case, what happens …

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[9 Apr 2006 | No Comment | 388 views]

The Internet is a great invention for many different reasons. But, did you know that it can be a great resource for saving you money when shopping? You no longer have to clip coupons out of the Sunday paper; you can find them right at the tip of your fingers just by knowing where to look!
Coupons
One of the easiest ways to save money on the Internet is by printing online coupons. All you have to do is type the search criteria “online coupon” in your favorite search engine and you are on your way to savings! Here are some examples of great online web sites that help you save money:
CouponSurfer CouponSurfer has almost 300 coupons from over 100 stores on their web site. Do you need new brake pads on your car? You can save up to 50% just by filling out the free registration form at CouponSurfer and printing …

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[9 Apr 2006 | No Comment | 434 views]

Finance is essential for the success of every business. Many business ventures crash because of scarcity of funds. You need money at every step of your business, be it expansion, modernisation or diversification. A business requires both short term and long term finance. Short term finance is needed by a company to meet its short term needs like raw material purchase, working capital, etc. Whereas long term funds are required for acquiring land, building, plant and machinery, etc.
With the phenomena of globalisation and liberalisation every business now needs more capital infusion to be in the race and compete with others. These days, getting capital is very easy but getting it at low interest is very important as cost cutting and cost effectiveness are the buzz words in business circles. So, if your business needs capital to survive or to grow and you want a cost effective loan then taking a …

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[9 Apr 2006 | No Comment | 444 views]

Paper trading is widely discussed regarding its merits, and whether it is of value to a trader as they try to make the transition to real money trader. One viewpoint is that since paper trading is not real, the profits are meaningless, and are no indication of real money profitability. An opposite viewpoint would state that paper trading is an important step in the trader’s learning progression, and regardless of whether it is real, if the trader cannot ‘properly’ paper trade, then they will not be able to real money trade.
I began trading in early 1995, with the intentions of becoming an options trader; my first trading education was through an oex options teaching service. Besides options training, the service included ‘tape’ reading, trade management AND sp500 index futures trading – also included in the service was the prevalent attitude that paper trading was for ‘sissies’.
So I was a new …

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[9 Apr 2006 | No Comment | 551 views]

When I studied the principles of investing in university, I was taught that the price of a share reflected the value of the company. With fundamental analysis, there are many methods on how one can analyse the financial statements of companies to find out whether a share is a good or a bad investment. You can conduct horizontal and vertical analyses on standardised financial statements, which are just fancy terms for comparing numbers. You can calculate certain financial ratios to get a better understanding of a company’s liquidity, working capital management, its ability to remain in business over the long term, and its profitability.
I applied these concepts when I started trading the stock market. Soon I found that if I wanted to trade shares in a timeframe of less than three months, decisions based on these analyses were not useful. I did not want to buy shares only to receive …

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[9 Apr 2006 | No Comment | 467 views]

Perhaps you remember one of the most impactful movies of our time, the Matrix? Morpheus believed totally in Neo to the point where he almost sacrificed his life to save him. Yet Neo did not believe in himself at the beginning, he was most uncertain about whether he was the One or not. So when he went to see the Oracle, she told him that being the One is like being in love, nobody tells you that you are in love, you just know it. The Oracle pointed to a sign hanging on the door: “Know Thyself”…
Still Neo didn’t believe in himself but when agent Smith captured Morpheus and a member of his crew suggested to pull the plug so the agents of the Matrix won’t get access to Zion, something in Neo changed and he began to believe…
A little further down the path of the One, Neo “accomplished miracles” …

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[9 Apr 2006 | No Comment | 493 views]

We would all love to travel overseas at some time. I guess we have all longed to visit exotic and magical places and finally, after making our decision to take our trip, have to face up to how we finance it, both the actual cost and how much we need to take for spending.
After deciding how long we are going to be away from home, working out how many clothes we are taking on the trip, how we are going to get there and all the usual things we have to do, the final thing we have to sort out is the currency.
A decision at this point usually entails how much money we are going to take with us and how we are going to take it. By that I mean do we make a decision to take it all in cash, all in travellers cheques or a bit of …