Financial Advisor Can Help You Part-2

Investments, as we all know, are a topsy-turvy ride and hence, a delicate balancing act. The humble individual investors are in a fix. When the recent markets have displayed fluctuations, it reinforces the complexity of crafting a holistic and diversified strategy to consider your comfort level and your financial goals.

An advisor begins by helping you examine your investing style and risk tolerance. He can help to make it palpable to you to take care of other financial aspects that you mostly miss out and make a plan based on your financial status, comfort levels and future aspirations. Despite a meticulous planning, lives tend to change, and our financial plans would have to evolve too. An advisor’s job, under such circumstances is to revise your plan to reflect significant occurrences, such as career changes or the birth of a child, to keep your strategy on track.

From helping you to review and adjust your portfolio as your life changes, as a neutral third party, they go on to provide balance and offer specialized expertise. After all, they may just know a bit more than you do, since they deal with many different financial assets: stocks, mutual funds, ETFs, bonds, REITs, insurances (home/health/life), LEAP, etc. While you may have access to a lot of information for doing it yourselves, you probably don’t have time on a daily basis to delve into the nuances of investing and investment products the way a financial advisor does.

There is a risk in everything that you do, which is why their proposals are according to the risk level you are comfortable with. As you approach retirement, your risk level will be lower. Risk level needs to be associated with how likely you’re, to be able to reacquire your assets if you lose it and also, on your likelihood to enjoy the fruits from your investments.

Often, emotions rule actions when the markets rise and fall and the investors, who flee the market, miscalculate their return and miss out on bullish market rallies. Here, an advisor can provide a balanced perspective and motivation to manage your portfolio through ups and downs.

So, whichever the scenario maybe, a financial advisor, selected upon the bracket of charge that you can allow him from the benefits you reap from your investments, can always be there to help you see good products from bad and just like a good old friend, make it clear to you about the financial status of your investments and ways to improve. So, would you still wish to hire an obnoxious agent or a financial advisor, who has the qualifications, and hence, the vision to see you through the crashing tides of every-day-changing market situations?

Finance Advice from a Good Financial Advisor Part-1

Process of raising funds or capital for any kind of expenditure is called as finance. You know that. But what you actually need to know is that how it works. Things can get complex at times.

A good financial advisor would like to recommend you about:

  • Things which are needed to be done differently
  • Amount of money necessary to save
  • Various Types of retirement accounts to use (IRA, ROTH, 401(k), etc.),
  • Type of mortgage to have, if any
  • What type and how much insurance you need (this would include life insurance, long term care insurance, disability, and some planners also give advice on property and casualty and health insurance) Some planners also advise on investment[but remember-investment advisor and financial advisor are different people]
  • Your handy cash: emergency fund: how much you need to keep aside
  • What changes might improve your tax situation
  • What rate of return you will need to earn to achieve your goals over a given time frame
  • Will it be useful or not to pay off your house….and so on
  • In addition, many financial planners provide estate planning advice and tax planning services.

A Good Financial Planner Will Not: Make recommendations until they understand your goals, and have run a long term financial plan for you. They will set timely and realistic goals which can be easily achieved.

A Good Financial Planner Will: Want to gather account statements and data on all aspects of your financial life.

In this way, financial planners can help us out from our monetary distress.

Benefits of Trading Binary Options

Binary options involve the upward or downward movement of assets such as currency pairs, stocks, commodities, indices and future indices. Many, if not most, investment portfolios contain binary options in an effort to diversify by including the high risk/high profit potential of alternate investment instruments.

The short term projection of a market rise/Call option, or fall/Put option, is what binary options are all about. This platform is widely traded across the entire spectrum of investors, from experts to newbies. The range of markets and ease of opening and closing transactions have propelled the popularity of the binary option field.

Benefits of Trading Binary Options


The forex market commands the highest volume of trade worldwide. The financial instrument of a forex trade involves the foreign exchange rate between two countries, which are referred to as a currency pair.

In the global economy, countries are constantly in a state of monetary flux, trending toward growth, stagnation or decline. The trends can be viewed through chart studies and financial data from various economic sectors, flowing across the media. Those trends are the sources of trading decisions. The increased or decreased value of the currency of one country in a pair against that of the other country produces the forex transaction.

With little effort, every level of investor can project the rise or fall in the exchange rate of a currency pair. Obviously, not all projections will be correct. With Stop limits in place, losses are minimized. On the other hand, a proper reading of the movement in a nation’s economic strength as compared with a second nation will result in a lucrative gain.

Binary Options Traded through Forex

Forex is a relatively simple but fast-moving platform. Trading binary options on a short-term, rise or fall basis enhances the simplicity of forex transactions. What appears to be super dynamic to a new trader, becomes suitably slow with experience. It is therefore essential to initiate forex trading with a minimum investment. When your comfort level rises to the point that your binary option transaction in forex becomes an exciting challenge, then it’s time to increase your investment.

Trading in the foreign currency exchange market introduces a global aspect to your investment portfolio. This is a positive strategy yielding potential profit within an economic situation worldwide that is struggling to sustain any level of growth.

Keep in mind that forex can be traded completely on its own platform. However, the addition of binary options to the global forex transaction is a trading option that many successful investors find financially beneficial.

Passive Income with Binary Options

Online trading in binary options provides the potential for passive income without leaving your home. Many of the leading online brokers provide the training necessary for self-assured and comfortable trading.

The short-term nature of the binary option market creates a fast-moving trading environment. Trading enjoyment comes with experience and a basic knowledge of the transaction process. That knowledge can be easily obtained through the series of short and cost-free courses offered through online brokers.

Opening and closing potentially lucrative trades has been greatly simplified through hi-tech advancements. While binary option trades present a definite risk of financial loss, they clearly offer a very real potential for profit. The passive income that all investors are seeking may be just a few clicks away through an online broker.

4 Secrets to Know for Becoming a Successful Stock Market Trader

A lot has already been told and written about success in stock market and trading. Here we’ll try to get answers to few common questions about share dealing by learning 4 secrets about successful stock market trading.

Discussed herein are a few crucial aspects like stopping losses and learning different trading strategies. While these rules or secrets are important to know, it’s crucial to understand that profitability usually starts at a more basic level. Let us take a look at the 4 secrets that you must know of.

1.      Begin with Understanding Yourself: 

People/investors often ignore this fact and they like to believe that profitability in trading is directly related to only their trading strategies and nothing else. While, the latter might be true as executing the right strategies is a must in the trading world but the scale of your profit is often the reflection of what you are; at least, this is what the veterans say about trading. If you are looking for long term success in trading you need to analyze yourself, your needs and desires, your characteristics and personality and above all your weaknesses and strengths.

2.      Sound Knowledge of Market, trading, Investing and Economy: 

Just like anything else in the world knowledge is your biggest strength even in trading. The ones who have succeeded over a period of time truly understand the huge significance of continuous learning and growth of knowledge. The objectives you have personally server as a framework for how you improve your knowledge and awareness. Over a period of time you must develop a knack for appreciating the opposing forces that affect the prices in the market. Along with this you must develop anticipating skills to foresee the changes in stock market as per different factors like economy and money.

3.      Design a Strategy that Suits your Needs: 

You must have a blueprint when you start playing with money. Never gamble blindly without any proper plan in place, unless of course if you are not interested in truly succeeding in the long term. The blueprint must encompass important factors like your personal needs, lifestyle objectives and financial strength. It should also talk about financial and market products that you plan to use for generating profits. Remember that you don’t need to limit your blueprint to just investing and trading in stocks. Make a broader and balanced plan that includes various instruments such as bonds, property, stocks or ETFs.

4.      Market Exposure and Experience: 

Yes – this is no secret for a beginner. Experience and exposure only comes with time and there are no short cuts here. That being said, you can always work towards fast-tracking the process by honing your skills and improving your knowledge. You can find a mentor who has enough experience and you could be easily getting some real insights not available to others with no one to guide.

Alternatively, you can also choose to be a part of huge investment group. That way, the chances of your profitability are higher, and you also learn a lot in a very short span of time.

Daniel Palmer is a seasoned stock market trader with over twenty years of experience in stocks and shares. He also enjoys traveling and spending time with his family and friends. 

Payday Loan Is an Options in Fulfilling One’s Needs

Special institutions of finance serve special type of loans commonly known as payday loans. These loans are offered in order to help the people so that they can manage and clear their emergency requirements of cash. Payday loan is even regarded as short term loans as well as quick and compatible loans. When an immediate urgency of cash is required and a person do not attain much saving in that case payday loan is the best option. This Payday loan is a user friendly loan as it helps the borrower in sorting out the credits. Moreover this loan is considered as a fast and convenient loan because it helps an individual in a certain period of time. Many financial institutions offer this payday loan facility so that the people facing any credit issues can immediately repay it. The charges of payday loan are generally higher than other type of loans generally 15% of the amount borrowed.

Payday loan works in a very simple manner. The borrower borrows a certain amount from the lender, at this very time lender asks for post dated cheque from the borrower which has the principal amount plus the fees. When the date approaches to repay the loan the borrower can both pay in cash along with the fee and get the cheque back or he can ask the lender to present the cheque at the bank and get it cleared. In case if the cheque is not cleared the borrower is charged with the cheque bouncing fees plus sum other fee levied by their particular bank. The payday loan is not very expensive it can range from 100$ to 1500$ and the time of credit is generally small maybe a month or less than that. It is widely used by persons who have no savings or are financially unstable.

There are certain procedures as well as terms and conditions that are required for the processing of this loan. This loan asks for borrower details and information such as identity proof, permanent income and salary slip so that the further process can be executed. Furthermore taking payday loan is very simple and easy as it does not asks for much long procedure of verification. Besides short term or quick loan there are several other terms too that are used by financial institutions and these are such as costly cash, check advance loan, mortgage and repayment. Some banks even acknowledge payday loan as post dated check loan and deferred deposit check loan.

Now days one can even apply for loan or look for money lender at few reliable and trusted online sites. Even one can browse at online site that offer the facility of loan and at certain rate of interest. Also this site holds numerous reliable and efficient money lenders that serve loans to the borrowers. Before taking loan from any financial institution or online from this site one must make complete research about the company as well as the money lenders.

What is 401(k)?

The 401(k) takes its name from subsection 401(k) of the Internal Revenue Code. It cropped up in the 1980s as an appendage to pensions.  A 401(k) is a retirement savings plan and is sponsored by an employer.

The workers can save and invest a part of their paycheck before giving the taxes. Taxes need not be paid before the withdrawal of the money from the account. This means that, you can save money towards your retirement without paying income taxes on your savings or on your investment earnings before you withdraw the money at the time of retirement. Even you can control how your money you are going to invest.

It has a number of limitations and admonitions. Generally, you can’t tap into your employer’s inputs immediately. There are stiff rules when you can withdraw the money and there are penalties for the withdrawal of the money before the retirement age.

Now you must be thinking how this plan is working. Before the taxes are withdrawn the money is deducted from your paycheck; hence your taxable income is lowered and consequently this lowers your taxesfor some services like the administrative, investment management, and sometime outside consulting services this plan charge fees which can be charged either to the employer, or the participants of the plan or to the plan itself.

401(k) plan comes in two varieties. The differences between them are the tax implications and the schedule for accessing your funds. Between these 2 types less common is a Roth 401(k).Some employers apply a waiting period before you can begin participating in their 401(k). This can be anything from one month to one year while the rest allow employees make contributions immediately.

You can be enrolled in 401(k) plan by most of the companies right away. However you might have to wait in some cases. In such cases you can start your own individual retirement account and then lodge a complaint with the HR office. If your company is unstable or it goes under then the plan is likely to be terminated. In such cases you can transfer the money to a traditional IRA to avoid paying the income taxes and 10% withdrawal penalty. Under the ‘force out’ provisionformer employees can close their 401(k) accounts if their account balances are low.

 If you leave your employer, then you can do the following with your 401(k) account balance:

  •  Roll over the balance in your account into your new employer’s plan.
  •  Roll over the balance into an IRA.
  •  You may leave your balance in its plan, ifallowed by your former employer
  •   Withdraw your account

Employees can contribute the funds on a post-tax elective deferral basis, with addition to, pre-tax elective deferrals under their traditional 401(k) plan. An employee cannot exceed the IRS limits for deferral of the traditional 401(k). Matching funds of the employer are not included in the elective deferral cap, though they are considered for the maximum section 415 limit of $51,000 for 2013.

How Do I Choose A Financial Adviser?

Finding a financial adviser is a big step, and there’s no “one size fits all” option.

Your own specific set of needs and criteria will determine the best FA for you, but do you really know what you’re looking for? When it comes to selecting a financial adviser, there are some questions you should ask yourself to ensure you’re connecting with the right person for the job. 

Do they offer independent or restricted advice?

As of December 31st 2012, there are new regulations in place dividing FAs into two categories. Independent advisers can offer advice on things like stocks, life policies and pensions, and must not be subject to any influences that could affect their recommendations or service. They have to know the full range of products, and make a fair analysis of them before recommending them to you. A restricted adviser can only make recommendations about a select number of financial products, and they have to specialise in these products.

Do they come recommended?

You may want to begin your search for an Financial Adviser by asking friends and family for referrals. While punching your search request into Google or scrolling through the phonebook will undoubtedly give you a lot of choices, working with someone that’s had a positive referral from someone you trust will likely prove less of a gamble, and can save lots of time.

How much will it cost?

While financial advisers used to work on a commission basis, new regulations implemented in January mean they now charge fees upfront. This can be an hourly fee, a fixed fee for the work undertaken or a percentage fee charged on implementation. 

Do they specialise?

Some financial advisers specialise in working with newlyweds or recent graduates, others have lots of experience with retirees, while some FAs specialise on specific investment types or strategies. If you’re looking for specific advice on something like interest-free savings or stock options, you may be able to find an expert in this area that can help you realise your intentions.

Do I really need a financial adviser?

Lastly, think about your financial plan for the next five to ten years, and ask yourself if you can realise this plan on your own. If you have experience or knowledge about investing you may feel comfortable without expert help. However by working with an FA, you may learn about new financial products or investment opportunities that you weren’t aware of before, plus you can be steered towards those that are right for your particular situation, not just the newest or most popular product. If you’re taking a serious look at your financial future for the first time, you may well want to consider the help of a financial adviser to get your affairs in order and put in place a plan for success.

If you are looking for independent financial advisers in Cardiff and South Wales, Bartholomew Hawkins has a high level of knowledge, relevant expertise and, most importantly integrity.

What Is The Importance Of Managing Your Money Well?

‘Take care of the money; it will take care of you.’ In this ever changing world, the single most important thing to live (of course we are not considering air & water), without any doubt is money. No one would deny this fact. If one has money, he/she can acquire anything at any time. If you have money, virtually you have everything; you can own any material thing you wish for. Managing money is as important thing as owning money. If you don’t manage the money you are practically as good as a poor.  Managing your money is one of the single most important accomplishments you can achieve. Good finance planning makes you financial independence. You gain control over your money – both the money that you earn and the money that you spend. This is one of the biggest steps toward leading an independent life.  This applies to both individuals and organizations.

Family, friend, education, career, travel, entrainment, health and every other our life depends on it. Managing your finance properly can bring you unlimited career options. No doubt that your educational credentials matters first for your career but the number of employers who use credit checks before offering a job is increasing and also to determine who’s best qualified for a job or promotion.

If you manage your money well, you will have physiological satisfaction and you can perform well in your work.  The stress of having your finances out of whack can take its toll on your body and mind. Stress has the potential to affect every part of your life. Be careful about your money but don’t be too obsessed that you can’t enjoy your earnings.  Take wise decision about spending and saving.

Everyone wishes for own house.  Managing your finance has great effect on this issue.  If you have control over your money flow, you can get the same house with lower interest rate and enjoy the space with less pay. You can enjoy a good night sleep knowing that you don’t have to worry about the mortgage payments.

Well managements of your earnings mean no tension about your child’s education and future. You can gift them the best possible education and life style.  Your family will be always cheerful if you never run out of money.  Good finance management is the way to achieve this.  Medical fees are never a matter of tension nor are the entertainment limited when you have the money to pay for it.

For young adults, well management of money can lead to a happy early retirement. Traveling around the world, enjoying your days with family and friend after retirement and having an active lifestyle are the thing you can achieve with well planning about your money flow.

Essentially the benefits of well money management is never ending list.  Finance is the biggest challenge and your best asset if you want to achieve your goals and live a peaceful life. The better you manage your money, the better your life will be.