Silver Thursday was an event that occurred in the silver commodity markets on Thursday 27 March 1980. A steep fall in silver prices led to panic on commodity and futures exchanges. The sharp drop, on Silver Thursday, was triggered by a failed attempt to corner the silver market and it led to massive panic in other commodities. The attempt to corner the silver market was … [Read more...]
Real estate investment trusts(REIT’s)
The Basics Of REIT Taxation A Real Estate Investment Trust (REIT) is a tax designation for a corporation investing in real estate reducing or eliminating corporate income taxes.Real estate investment trusts (REITs) have established themselves as a means for the smaller investor to directly participate in the higher returns generated by real estate properties. Like every … [Read more...]
A Way to Profit : DMI Points
The primary and the foremost objective of the trader trading in trend is to enter a trade in the direction of the trend. Reading directional signals from price alone can be difficult and is often misleading because price normally swings in both directions and changes character between periods of low versus high volatility. The directional movement indicator (also known as … [Read more...]
Trading Profit: Divergence
When the price of an asset and an indicator, index or other related asset move in opposite directions. In technical analysis, traders make transaction decisions by identifying situations of divergence, where the price of a stock and a set of relevant indicators, such as the money flow index (MFI), are moving in opposite directions. Because trends are composed of a series of … [Read more...]
7 Ways To Avoid Self-Employed Tax Penalties
When you're self-employed, you're required to send in quarterly estimated tax payments. But if your income varies from month to month or year to year, it's tough to determine the amount of taxes to pay each quarter. You don't want to send in so much that your daily expenses suffer, or too little that you get a shocking tax bill at tax return time - plus underpayment penalties … [Read more...]