If you are thinking about starting to invest in trading currencies, a great way to get practice is to open a forex demo account so that you can practice with virtual money before putting your hard earned money on the line. Many companies offer forex demo accounts and you can open one in a matter of minutes. Learn how to choose and open a forex demo account so you can start … [Read more...]
Annuity Vs. Mutual Funds
Many investors tends to compare annuities and mutual funds for retirement planning. Considerations include risk tolerance--how comfortable you are with potentially losing your investment--and short- and long-term investment goals. Fees and the taxes also play a role. Types An annuity is an agreement with an insurance company. You pay a fee up front and receive structured … [Read more...]
How to Do Virtual Stock Trading
If you are too keen to jump right into the stock market, or if you want to challnege your skills by running different stock strategies virtual stock trading can help take your investment game to the next level. Follow these simple steps to make your virtual stock trading fun and educational. Start out with a set virtual stock trading budget. If you simply go in with no … [Read more...]
Can You Reinvest Dividends?
A dividend is one of the primary ways by which a company transfers profits to its shareholders. When you're paid a dividend, you typically can choose to receive it in cash or reinvest it and purchase additional stock. If you choose to reinvest your dividends, in effect, you're taking the dividend payment in stock instead of cash. Power of Reinvestment Reinvesting dividend … [Read more...]
Trading with Double Diagonal Options
A double diagonal trade is a neutral trade, with a small chance for profit and an equivalent small chance for loss. If you're familiar with options trades, the double diagonal is similar to a Butterfly spread except of that it is diagonal. The most challenging aspect of the trade is finding a good discount broker, since the trade requires four distinct transactions. Define a … [Read more...]