Another Way To Make Money In The Stock Market

One of the most well known ways that people are aware of for making money in the stock market is by simply investing. While this is correct, it is not the only way that it can be done. Another way is to become a trader. When you are a trader, you not only get to take part in the fun of the stock market, but you also get to make a commission. Another advantage is that you do not put your own money on the line and you still make a return. However, it is not something that can happen over night. You must become a certified trader before you can do anything.

Finding A School For Your Certification

First, you must decide what you want your role to be. If you want to be a trader, you must think of this as your business. In a business, you must learn the trade. To do that, the best way is to learn as much as you can from a class, either online or in a classroom, that can give you the basics and help you succeed. Determining if an online class or a classroom setting is right for you depends on your learning style. If you think you can get the information through an online course and want the flexibility, then an online class is more for you. If you like deadlines and a more structured program, then a classroom setting is better for you. This important to determine prior to enrolling for a program. If you know what works for you then you can search for that criteria.

Once you know what you are looking for, you can start your search. You will want to ensure that you will be attending an accredited school so look for that information on their website. If you are unsure, then call them to verify and ask for proof. The last thing you want to do is waste your money on a program that will teach you a lot but not actually count for anything in the real world.

One place you can find both online classes and classroom structured classes is the Online Trading Academy. They offer both for your convenience and many of their students are happy with the results. You can find more out about it by watching this video:

Planning For Your Retirement The Smart Way

Everyone knows that they need to plan for their future. That includes your retirement. Retirement can be very expensive and you need to make sure that you have enough money saved up to live off of for a generous amount of time. No one wants to go back to work after retirement but that is the reality for people who have not readily prepared for their retirement. You can avoid this by preparing for your retirement the right way and planning out the spending of your money throughout retirement.

How to Plan for Retirement

When you are looking at how much you need to save up for your retirement, you will need to examine your expenses. This will help you determine who much you will need. You will also need to make sure you have enough money to last you throughout your entire retirement. No one knows how long they will live, but you will want to prepare for many years.

Once you have determined your expenses, you will also want to account for the things you will want to do with all of your free time. You do not want to be pinching pennies and not enjoying your retirement years. This is the time to enjoy all of your time off and your family. You will need to account for these types of expenses. One way to travel on a budget is to search for retirement deals on various websites such as Retirement Living.

When you come up with a number that you are comfortable with, you will need to start developing a plan to obtain all of the retirement funds. Many people have a 401K that they put money into. While this is very common, it is not the only option and you should consider other ways to obtain retirement money. You can consider investments throughout your working career. You can invest in things such as stocks and bonds or you can choose bigger investments such as real estate or new business ventures. Something you should take into account with investments is that there is always a risk with an investment. You will want to ensure that you will at least get your investment back even if you do not make anything off of it.

These are the best days of your life as well as the most relaxing. Take some time to prepare for your expenses as well as your fun. These days will be even better if you have accurately prepared for them financially.

Getting Started With a New Business Idea

If you’re thinking about starting a business like the Cold Stone Franchise, there are a few tips to keep in mind. These tips can help you get on the way to a successful business whether it’s selling ice cream or clothes and accessories.

First, you need to develop a business plan. This is something that you will need if you want to apply for financing. The finance company will want to see how you plan to pay back the loan and if you will include the investors as shareholders. Try to give as much information as possible so that the comoany will see that you are serious about your endeavor.

Find a location that is appropriate for your business. If you plan to sell ice cream, then you want to find a place where people can walk up to the counter and get something instead of sitting inside each time they order. You need to look at the cost of starting the business. Will you need to do upgrades to the building before you open the store? Another thing to keep in mind is how much inventory you will need to open the store. Determine a budget so that you know how much money you will have to work with when you purchase inventory as well as how much money you will have for advertising and hiring employees. Find a name for your business, and register the name online, creating a website so that customers can buy items online as well as in the store.

What’s Stopping You From Getting a Breakdown Cover?

With the euphoria of the recovering economy and rising home and stock prices, it is not a surprise to see some people forgetting the importance of small nuances associated with ensuring safety in and around one’s life, such as a breakdown cover for their vehicles. Although millions of people all over the country have registered themselves with companies offering such valuable breakdown covers and roadside assistance, there are plenty others who still haven’t realized just how important these covers are.

It is only when they come across some unavoidable circumstance like their cars breaking down in the middle of the highway while taking their family on a vacation or on their way to the airport to catch a flight, that they repent not having taken a roadside assistance cover which could have saved them all the trouble that they would go through. People only appreciate such things in life when they’re sitting on the side of a busy road, staring at the passing traffic, with not a clue of how to get someone to help them in their hour of need.

Apart from the obvious benefit, a breakdown cover gives you piece of mind while traveling by your car that no matter what problem your car faces, help will be at hand soon enough and you’ll be on your way to your destination without having to worry about the potential consequences of leaving your car behind. Since cars are essentially machines, there’s always a chance of something or the other causing your car to stop functioning, which is where a breakdown cover saves you the hassles and offers you a sense of security while out on the road.

While there are dozens of options available to you in terms of the company from which you would like to buy the breakdown cover, only a handful stand out among those such as the AA, Greenflag, Auto Aid, RAC, Assist etc. If you’re living in the UK, it makes sense to go for a Breakdown cover from the AA since it is one of the oldest and the most reputed brands in Britain, and offers a variety of benefits that make it the most preferred breakdown cover provider.

Once you have decided a company to go with, you need to choose the level of breakdown cover you would require such as a basic roadside assistance or other premium services like national recovery and at home service which provided additional benefits but at an added cost.

Three Little Known Facts About Credit Cards

Think you know your way around a credit card? Then these three little-known facts might just surprise you:

Why are credit cards all the same size?

No matter which bank or institution issues your credit card, they will always be exactly 3.375 x 2.125 inches wide and around 0.02 inches thick.

This size is standardised by the International Organisation for Standardisation (ISO Standard 7810).

Among many other things, the ISO regulate the size of credit cards to make sure that no matter where you are in the world, you can use yours to pay for anything, from hotel accommodation to a Big Mac to making a cash withdrawal to pay for ice-cream on the beach.

What does the stripe on the back of a credit card do?

Much like card size, the stripe on the back of a credit card is magnetic and regulated by ISO Standard 7811 and it contains various bits of information about you and the bank that issued your card.

The magnetic stripe is made up of three tracks of encrypted data which is read electronically. A reader, like those inside an ATM, can tell which bank or institution your account belongs to, what the card number is, when the card expires and what your spending limit is.

However new ‘chip and pin’ technology is being built into credit cards to make them even more secure.

The chip, which looks like a small silver microchip, should appear on the front of your card and if not, it might be time to contact your issuer or shop around for a new one to make sure you have the best credit card you can get in terms of security.

Is the long number on a credit card unique?

It is, but it’s not random or meaningless. Each number, or sequence of them in that long string reveals something about you and your credit provider.

The very first digit is known as the Major Industry Identifier (MII) and it tells a vendor which creditor issued your card. All Visa cards, for example, begin with a ‘4’ while all MasterCard’s begin with a ‘5’.

The first six numbers are known as the Issuer Identification Numbers (IIN) and they tell a vendor what country your card was issued in, by which specific bank and the credit type that it’s valid for. You can try it yourself by entering your card details at

Those are just three facts about credit cards that make them absolutely universal yet totally unique, but if you’re thinking about applying for a first, or additional credit card then it’s always wise to shop around.

Although cards look and work in the same ways, the terms that a credit provider can offer you vary from one bank to another so to get the best credit card, take some time to investigate the terms and conditions, interest rates, repayment expectations and any freebies on offer before signing up for credit.

The Benefits of Emerging Market Balanced Funds

Excel Funds interest in emerging markets has never been greater, with billions of dollars in profit being generated globally per annum. Emerging markets continue to be an important component of well-diversified portfolios. Investment in emerging markets enhances the economic gains of diversified portfolios, while it does not seem to reduce portfolio return variability and minimum loss.

emergng mkts

Emerging Market Balanced Funds offer a way to enter investments that are less volatile than emerging market stocks with the bond component. The balanced funds combine different asset classes – balanced funds will never be the best performing funds, nor will they be the worst performing either. If losses occur, they’ll tend to be relatively modest and the funds are likely to regain any lost ground over a full market cycle.

Extra Cash Series: Get Paid to Take Surveys

surveysThere are a plethora of money making opportunities on the internet which is the reason why we come across hundreds of rags to riches stories ever so often. While they all differ according to the tasks they entail and each one requires a different set of skills, there is an ever popular way of making easy cash – by taking paid surveys.

Although this way of making money has been around for nearly a decade, there are very few genuine websites that you can trust to pay you for your time and efforts. Among the best that I’ve come across till date is Crowdology which has separate portals for major countries like USA and the UK. Crowdology has clients covering several types of industries, right from leading consumer brands to publishing, media and advertising companies. The surveys are mostly on behalf of companies that want to measure public opinions on a variety of subjects.

The surveys taken up by the company are mostly topical in nature, focusing on current issues. Also unlike the surveys floated by other companies that end up taking a long time to complete, Crowdology’s surveys only take around 2 to 15 minutes so you won’t need to spend a lot of time on each survey. Apart from online surveys, members can also take part in offline surveys such as telephone interviews or focus groups and stand to get additional rewards for their time and effort. The company also takes personal privacy seriously and keeps all the surveys and polls anonymous, never sharing your personal information with any other company.

As long as you’re above 18 years of age and have an internet connection and some type of phone you can sign up with the company and start earning some cool cash!

What to Look for When Choosing Shipping Containers

Having the proper type of shipping containers is critical when an individual decides that he or she wishes to protect his or her goods while in storage or in transit. Failure to choose the correct containers will lead to disaster. Expensive items can be destroyed by moisture or by being crushed due to a container’s lack of durability. When selecting containers to store and transport goods there are three things one must consider, durability, proper size and how the container opens.


The most important thing to look for when choosing a shipping container is durability. Containers must be able to withstand environmental elements, not allowing heat, cold or moisture to damage anything that is inside. The level of durability is especially important when storing items that can easily be ruined if not treated with care, such as artificial grass, breakable items and elegant furniture. Durable storage compartments must also hold up under much weight, especially if the customer decides to use multiple units that open from the side and will be stacked on top of one another. It is also necessary to consider that when in transit, there will be times when multiple containers are stacked on one another, no matter how they open, and they will be jostled around.

Proper Size

When it comes to vessels in which to store or ship items, there is no one size fits all solution. Some individuals only have a small amount of things, thus they need to rent or purchase a container that is more compact in nature. Customers needing to put away a significant number of goods will require a much larger unit, especially if furniture is to be stored.

How the Container Opens

Storage containers can open in many ways depending on how they are made. For example, some containers open from the side, and there are those that are opened from the top. Some even function as drawers. A consumer is going to choose the container that will allow the easiest access to his or her merchandise.

When customers must purchase containers in which to store and ship items, it is critical that they shop around for the best deals. Some companies that are eager to get business will undercut their competition by offering unbeatable promotions.

Taking Charge of Your Financial Life

financial futureWith so much going on in our lives at any given point, it can feel like a burden to manage all of it. Not only do we lose track of the important things that we need to focus on because of it, we also let our lives run on auto mode, going with the flow and not taking the reins of our lives in our hands. You might have heard the saying that if you don’t change your methods, you’re going to get the same results over and over again. That is what seems to be happening to almost everyone around us. In the midst of all the noise surrounding our personal and professional lives, we forget to make sure to think about the future and do something to set us for success in the later years.

Although it hardly needs to be reminded that family, friends and professional success are indeed important aspects of our lives and we need to continue giving them time in order to have a balanced life. However in our to stay at the top of your game, you need to take things with a pinch of salt and look at the stark realities surrounding your life related to your finances. If you’ve been ignoring your finances for a while now thinking that they will automatically stay in order if you keep working hard at your job, it is a good time to revisit that thought and think about the loopholes in it. For one, even if you are a great worker and take home a sizeable income each month, it doesn’t really guarantee you a great financial fortune if you keep splurging most of it away on unimportant stuff and don’t make it a point to save at least 15-20% of your take home pay.

In order to be a success as far as your finances are concerned, you need to understand the concept of savings, and the least you could do to aim towards that goal is by consciously making it a point to budget and save as much as you can after you’ve spent it on your needs. This way, over a period of time these amounts will keep adding up and before you realize it, after a few months or years, you’re going to have a sizeable kitty in your account. However, though savings are important, it is only the first step, for the immediate next thing you need to do is have an investment strategy so that your money can work for you through the power of compound interest. If you need help regarding investments, there are dozens of great finance blogs on the internet that can help guide you. You just need to have the will to get started and it’ll all be easy in the times to come.

IRA and 401k Plans Explained

ira roth 401kThe time to start thinking about retirement is just before 30, maybe even earlier if you can manage it. When we’re young, we tend to believe that we are invincible. As we age, we realize how short life actually is. In the interest of helping you plan for a better retirement, we offer these explanations of common vehicles for saving and how they can benefit you.


An individual retirement account is exactly what it sounds like. IRAs are typically used by small business owners and freelancers, but some full-time employees use them too. They are most common in situations where you employer does not contribute to retirement. They allow you to stow money away for retirement that is tax-deferred up to a certain limit. This means that all money accumulated annually below this limit is money that was already taxed, and won’t be taxed later on withdrawal. This helps avoid the problem of paying twice to invest your money (once in payroll taxes and again in later life with capital gains).


Many full-time workers rely on a 401k to help plan for their future. This is because it’s easy to use one. You can have your employer pay into your account each paycheck, so you don’t get a chance to spend the money elsewhere. These plans sometimes come with employer contributions as well, which means that the employer will match what the employee puts in.

Savings Goals

For most people, the magic retirement number is somewhere in the millions. Without making money work for you, and without paying into your retirement accounts, you won’t have a comfortable transition out of work.

This article was written by Phin Upham

About the Author:  Phin Upham an investor at a family office/hedgefund, where he focuses on special situation illiquid investing.  Before this position, Phin Upham was working at Morgan Stanley in the Media & Technology group. You may contact Phin on his LinkedIn page.