Author Archive: Henry Seidel

Is It Necessary To Invest Money When You Start Forex Trading?

This has often been asked and my reply to all of them is the same:

When you decide to trade and not just in Forex but in any binary options, it is extremely important that you do your homework well. Ignorance is not bliss. Information on the contrary is power. So read up everything that there is that you need to know for trading. That will indeed be your first step.

Using the demo account:

Apart from reading up you will need to practice trading as well. Fortunately almost all the trading platforms have something called a demo account. The demo account is a special provision on the website that is set up for newbie traders who can practice trading without using actual money t trade. It is like net practice for actual trading.

It has been found that people who bypass this step before actually trading do not really understand the nuances of trading and tend to lose heavily in the beginning. Whereas people who have come via the demo account that is that they have practiced at least for a month before opening their own trading account on the forum are more in control of their trades and at least have a basic understanding of what is going in and what they must do.

The mt4 forex indicator:

These indicators are actually the tools that are available on the trading platform. Each and every platform has different indicators and in a way that makes it very interesting. The indicators can even be customized to suit your trading needs. These indicators require minimum skill and understanding to set and that is precisely why you must know what Forex trading is and how it works before you foray into it. You will learn about it in big way when you are into it but a little bit of basic is prerequisite for you to enter the field!


How To Get The Best Employment Exemption Guidance?

A employer and employee relationship as sacred as any other relationship. Both must respect each other as both their successes depend on each other. However, in order to prevent the employers from taking advantage of the employee, there are laws in practice.

Employment Exemption

Employees are protected by FLSA (Fair Labor Standards Act). This ensures the employees get what is rightfully die to them, for all the extra time and effort they put into their work. It also specifies the minimum age for employment and minimum wages. This ensures no child labor is encouraged and a basic pay scale is met when a person is employed.

However, if the employee in question is a white collar worker, meaning an executive, administrative professional, computer employee or a professional like a doctor or a lawyer, they are exempted from this Law.

Get The Best Guidance

If you are concerned about your overtime pay and are not sure if you make the cut or are exempted, you need to consult an employment guidance lawyer. He can let you know about the various Laws in practice and help you understand your rights. Though all details of these Laws are available online or at the designated government offices, it may be difficult for a lay man to man proper sense out of it.

When you are a sales executive, it is easy to get carried away with the work hours and targets. This profession is one place where employees are worked overtime. When you are part of the company and are inside sales executive, you will be eligible for the overtime pay and other benefits that are in place for employees.

However, if you are an outside sales person, you may not qualify for these benefits. Are you an individual sales person who need not report to office on a daily basis or clock in a specified number of hours a week? This is what qualifies as an outside salesperson. You will also have different work places as you do not have a specific desk assigned to you and you need to ensure you meet your targets as you won’t have a manager to report to, on a daily basis.

Understand your role properly and seek proper professional guidance to ensure you are not exploited.

How I was Able To Afford A Gucci Handbag

I’m not a shopaholic whose story got incorporated in a magazine as a column on finances. I’m a regular working woman who takes home $25,000 a year. It’s not the best pay, but, it pays my rents and my bills and I’m somehow able to manage a credit card.

Managing my finances wasn’t always easy. It has been a tough journey. When I began working, busing tables at a local restaurant, minimum wage was the goal. Underpaid, and living with my parents, all of my earnings went into indulging my love for handbags. Early on, it was the nice looking but unlabeled bag. But as time went on, I wanted better things, so, I ended up overspending. Things got to a point where my accounts were overdrawn, my debt had piled up and I needed a bailout.

Managing Money

It was around this time that my parents had an intervention and told me off. They insisted on using the money they put aside for me to help me clear my debt. It was a huge wake-up call. I realized that rather than enjoying a small inheritance, my carelessness had taken away a nest egg I could have used for something important.

After I got out of debt, I became more proactive in searching for a job. Once I got what I was looking for, I moved out of my parents’ home, leased an apartment with 2 other friends. Things have been good, except for one thing – I still love handbags!

My option was to get back in debt just to buy that delicious new Gucci purse, but, that would mean another round of repayments and whatnot. So, I found this awesome resource online which gets me Gucci purses for a steal, you can also buy Gucci purses for your girlfriend from here.

Now, I indulge myself whenever I am able to and I don’t break the bank or my credit score!

Can You Get A Personal Loan With Poor Credit?

A good credit is what makes up for a good and flexible loan, be it of any type. But do all of us have a good credit score? Are we all keeping up with our financial commitments on time? No, most of us do not come under this category and we have more numbers who default and become a high-risk customer for the banks or financial institutions that promise to give us a personal loan for our poor credit score. There are many illegal and unlicensed financial institutions like the chit funds, who might allure and satisfy you by saying that there are possibilities for an easy and not-much –complicated loan process with a poor credit too but do not fall for their words for this is not how it would be. For anybody with a poor credit score, it is difficult to procure a loan with any type of financial institution. That being said, we also need to understand that we do not completely become unfit for a loan but the process and the formalities would be a little tougher for us when compared to the others with a good score.

Borrowers with a poor credit score are offered loans in the name of payday loans wherein the interest rates are higher than the regular loans and it is granted only when the lender is satisfied that he would get back his loan amount from the borrower at any cost and this is proven by the statements and documents submitted by the borrower for scrutiny. So getting a loan with a poor, bad or completely no credit is possible if you go to the lenders through the peerform market. The best peerform review would take you to the right lender with reasonably good rates for this is a special market for borrowers with a bad credit.

Do You Want To Become An Investment Banker?

Investment bankers hold a significant position in helping organizations with their fundraising procedures. They would also play an important role in underwriting, picking out buyers and other several processes.

How to become an investment banker?

Would you need special training? Are there any qualification requirements? There might be many such questions in your mind when you think of becoming an investment banker. As long as your math is good your educational background would not matter. A majority of the investment bankers are from the accounting and finance sectors. We also find computer graduates switch to this field, however. You always have the option to take up an internship before actually becoming a full-fledged investment banker. There are specialized training programs as well. As an investment banker, you would have to be good at communication, negotiation, and other aspects as well. Your training programs would also cover all these.

How is the job?

There might be registration processes involved, certifications or examinations to be completed depending on the bank you work with and the position you hold. There are other certifications that you could take outside your bank to help you in your career growth. If you start taking sincere efforts soon after your graduation you would be able to achieve a significant position in just a matter of few years. To become a really good investment banker, however, besides all your training programs your experience would also teach you lots.

With the growing demand for investment bankers and the increase in the salaries, this is indeed a great job. Statistics show that there is also a good future for the investment bankers. The intervention of technology is now making the job of an investment banker even simpler and more productive. So if you choose the right career path your future is secure.

Direct Lender Cash Advance Comes To Your Rescue

If you have suddenly been faced with an expected expense that could be anything right from an urgent medical bill, car repair or any other unforeseen expense, they often come along with a lot of worry. This is even more so if your payday is yet quite a few days ahead.

If you are wondering how to tide over this unexpected expense then a cash advance loan is great when you are short on money.

What is a cash advance loan?

A cash advance loan can be explained as a short term loan that is provided when a person is faced with an urgent need for cash.

This loan usually will assist you to tide over your urgent cash crunch which you can repay easily when your payday or day of salary arrives. So instead of opting for loans from family and friends and standing a risk of ruining relations, a cash advance is rather simple and a dignified way to tide over the monetary shortage.

Are cash advances complicated?

In fact they are anything but complicated. The application is simple and straight forward; there are no long and complex forms to fill out. The entire process is safe and secure one need not worry about the authenticity of these loans.

The cash advance is an instant process as we understand that the need of money is also urgent. There are no direct credit checks that are under taken. People with bad credit can also very well apply for a cash advance. The moment your payday arrives you simply payback your cash advance and you are good to go.

When you pay back well in time you are not expected to pay any additional charges nor would you have to pay any penalty charges.

The procedure is hassle free without any complicated document faxing or any prolonged formality. It is a straight forward and dignified way to end your urgent cash crunch/

3 Ways The Fed Rate Increase Will Impact Emerging Markets

The Federal Reserve has a big impact on the U.S. stock market. It also affects the global financial market. As the dollar is a global currency, any changes in its valuation have a great impact on everything. Here are three ways it can impact emerging marketing.

Increase in corporate defaults

There ae many companies who took advantage of the low U.S. interest rates. They borrowed in dollars and repaid debt with a currency that is stronger. If there is an increase in U.S. interest rates then these companies will have a difficult time repaying their debts.

Lower foreign investment

The emerging market economies relied on the increase in foreign investment to drive their economic growth. If the interest rate becomes higher than the investors will move back to the U.S. and so there will be an outflow of capital from emerging markets. Due to low foreign investment, many economies will be affected.

Decrease in currency values

Due to low U.S. interest rates many emerging markets had appreciation in their currencies. For example, the USD/ZAR currency rose from less that 10.00 to 17.00. Because of this South Africa could leverage the currency valuation to take a loan from U.S to finance their growth initiatives. But if this rate falls, it will affect the South African market. It will hurt the investments.

As you can see that the Federal Reserve has a significant impact on both the domestic market and the international market as well. The emerging markets are vulnerable to the changes in interest rates.

Top 4 Political Factors That Affect Development Of a Country

Politics can significantly affect the development of a country. It affects the life of people, business, investments, etc. Here we look at the four major factors that have a huge impact on the development.

Poor management

The government has to do many things to encourage development. They should develop and maintain infrastructure and they should invest in the right projects. If the government fails to manage the infrastructure then development will be impossible. The government must set up laws and practices so that it encourages investments.


If corruption is widespread in a country then it will hinder its development. Crooked policemen, customs officials, and others are usually involved in corruption and their unethical act negatively affects the development of a country.

Trade laws

Trade laws like tariffs can affect development. The developing countries have to face higher tariff barriers to enter a rich country. So, there will be less import if the tariff is raised.

Political instability

Political instability is a reason a country cannot develop. Countries that have long-term conflicts find it difficult to attract investors. Local business and people’s daily life are also affected. A country with constant political instability cannot develop.

The developing countries need to look at these factors and try to take steps so that they can develop. They should attract investors and encourage local firms to import. This way a country can develop steadily. A good government is necessary who can drive the country forward.

4 Ways To Get The Best Deal Before Energy Price Cap In The UK

Energy price cap will be soon introduced in the UK. It will reduce the benefits of those people who shop around to get the best deal. The energy prices have increased recently and people are having a tough time paying their bills. Here are four ways you can get the best deal before the energy price cap is introduced.

Find out if you will be charged for switching

You should stop shopping around for getting a better contract. Know the amount of energy you use at the moment. If you are on a variable tariff then you can switch without paying anything extra. If you ae on a fixed deal or online offers then you may be charged for switching to a different supplier.


If you are on a fixed rate and you know that you will be charged extra for switching, you can negotiate and make a good deal with your current supplier or with some other provider.

Best fixed deals

Fixed tariffs are the cheapest deals right now. Some fixed deals have very high exit fees. You should be careful about that.

Get variable prices

Though fixed rate prices are cheaper compared to variable tariffs, the price difference has decreased. So, you should weigh your options and then decide whether to go for fixed rate price or a variable price.

These are some tips to deal with the proposed energy price cap. These tips will help you to pay lower energy bills every month.