Living for today - Planning for Tomorrow
A non-deliverable forex forward is a non-deliverable forward based on currency. A non-deliverable forward (NDF) is an outright forward or futures contract where the counterparties settle the difference between the contracted NDF price or rate and the prevailing spot price or rate on an agreed notional amount. NDFs are also known as forward contracts for differences (FCDs). NDFs can be based on various assets, and
Cryptocurrency is a digital or virtual currency that uses cryptography to secure its transactions and control the creation of new units. Cryptocurrency is a decentralized currency, meaning it does not belong to any government or financial institution. Bitcoin was the first cryptocurrency and remains the most popular cryptocurrency today. While cryptocurrency has seen a surge in popularity in recent years, it is still a relatively
When it comes to investing, there are many options out there. But one of the smartest things you can do is invest in your local community. Not only will you be supporting businesses and organizations that are important to you, but you’ll also be more invested (literally) in their success. But how do you choose the right local industry to invest in? Here are a
I know most of you are here for frugal tips, and ways to improve your self discipline. But finance is as much about growing your income as much as about saving money. One good thing about the finance industry is that it constantly delivers new ways to make money. The latest you may not have heard of is: peer to peer bonds. Peer to peer
Imagine you want to buy some gold, you ask your brother to purchase it for you. Your brother goes to a gold-trading shop and bargain with the owner to get it for less than the market rate. He buys on behalf of you. It is essentially what a financial transaction is. That broadly is what a trading broker does. Who is a Stock Broker? A
Everyone wants to provide for their family and create generational wealth to give their kids the best chance of success. But if you don’t have a six-figure salary, how can you build a big enough nest egg to give your children a leg up in life? According to a recent survey, 33% of millionaires never made six figures during any year of their entire career.
If you’ve ever read “Rich Dad, Poor Dad,” then you’ve learned some powerful wealth-building theories published by Robert T. Kiyosaki. What you may not know is that he published a second book that is changing the way we view wealth called “Rich Dad’s Cashflow Quadrant.” If you haven’t had much experience with these theories, then this article is going to tell you how the Rich
Those of us looking to invest might be seeing dollar signs with the current state of the stock market. But there are downsides of investing in a falling market. It can seem uncertain, there’s a lot to think about and you might not be in the position that you want to be to invest. While I am no expert in investing, here’s what my research
Regardless of whether you are a novice or expert trader, it’s imperative that you create a trading strategy prior to risking your capital. You can use several different techniques but should choose a methodology that fits your trading style. You can use mean-reverting strategies, momentum strategies or a strategy that employs support and resistance. In addition, you should define your risk and work it into
Benjamin Graham is known as the “father of value investing” due to his extensive work in the field and his overall contribution to investing. When it comes to underpriced stocks & the graham formula, 1949’s The Intelligent Investor is the go-to bible for many value investors.
