Does Social Media Help In Getting An Auto Loan?

We live in a world dominated by technology and social media. Whether they are your shared posts, status or your connections, social media platforms play a key role in carving your virtual personality. A well-known fact is that technology is an inevitable yet an integral part of our lives. When it comes to financing your car, social media is building its way and becoming a relevant medium of profiling. For instance, John walked into a dealership to purchase and obtain financing for a car. The quickest and easiest way to search for a tentative background of John would be to get a grasp of his personality on the basis of his behavior on Facebook and Twitter account, respectively. Currently, a small percentage of lenders use social media for judging an individual’s creditworthiness. However, the developing presence of social media is gaining mind share of the lenders.

Can Social Media help in ascertaining the Creditworthiness of an individual?

1) Facebook can build your Credit Circle

The very essence of Facebook lies in networking. A creditworthy profile does not require millions of posts or many friends. However, if you have a genuine profile and do not pose any abnormal social behavior, your profile is likely to get approved for an auto loan. Additionally, the presence of certain contacts in your friend list with a clean history and a strong credit score further add to your creditworthiness. Lenders can look for mutual contacts that have been previous customers. The payment history of the mutual contact can then be used as a basis to judge your creditworthiness. In order to get the most out of your circle, seek a person with a good credit score and make him a cosigner and your auto loan process will become smooth.

2) With LinkedIn, lenders can check your Employment Stability

A stable employment speaks volumes about your personality and trustworthiness. LinkedIn can serve as the best source of obtaining information regarding your job history, duration, professional position and interests. The documentation of an auto loan requires you to display evidence of a source of income through pay stubs. However, there is less proof one can gather regarding the stability of employment. Social media can become a tool to ascertain not only if there is job-hopping, but also the financial strength of the individual. A person with a 500+ connections, long duration of employment history and a considerable profile activity can become a favorable applicant in the eyes of the lender.

Buying a Car: Making the Most of your Social Media Profile

Social media has made its way into the minds of auto buyers as well as lenders. As primary sources of guides, nothing comes above your credit score, current income status and payment history. However, virtual platforms such as Facebook and LinkedIn are starting to occupy mind share in terms of creditworthiness. Once the primary sources of information seem insufficient, lenders may turn to social media to get an idea of your personality. A few helpful ways to make sure your social media positively adds to your credit score is to be careful with your online posts, invite only genuine friends into your virtual circle and to always keep your professional profiles updated.

Judge Some Facts Before Exchanging The Money

When you will go traveling, then you have to take the things, which you will need in that place. It is necessary because you will not get the facilities of your home there and you have to be prepared for every situation. But when the matter comes to the visiting of a foreign country, then apart from our excitement we have to think about the thing first is the money. As all of us know that there is variety in the currency of different place. So, we must take the proper currency of that place as we cannot do anything without it. There are some methods, by which you can exchange the money, like the banks, the ATMs or from some brokers.
The banks are the most reliable medium for exchanging the money. You can be assured by the fact that you will get the service authentically. They will systematically exchange the currency and you don’t have to think about it. You can also convert it from the banks of that place also. You will get the same reliable service. But as you are going to a public sector, then it will take some time and you have to wait for it. So, if you don’t have the time to wait there, then you will face difficulty by exchanging through the banks. The banks also charge high rates for converting the money, then it can be expensive for you.
You can take the money from the ATMs also. It is the most convenient medium for getting your cash, as you yourself will draw the money and you don’t have to depend on someone for this. So, you can take the money whenever you needed and it is the fastest service. But there I also the problem, as the ATMs charge a very high price for drawing the money. It will become more expensive for you as you have to pay more than the normal transaction. If you think that you will get the money at a time, then also it will not be safe for you to carry so much money to an unknown place. But with every transaction, you have to pay the charge.
When you will try to go some brokers for Cash Exchange, then it becomes easy for you as you can get the money by sitting at your home. You can do it by online and the agent will come to your home and will take the money from you and will also return it within the given time. It can be a suitable option for you as you don’t have to do anything for the exchanging the cash. But there also can be a problem as the matter is about your money, then you have to be a little careful and have to know about the broker and the agent, who will be the medium of transaction. If they are not reliable enough, then your money will not be safe enough. There is also the matter of the false currency as it has happened in the services like Australian Currency Exchange. So, be careful about every facet of exchanging your money so that you don’t have to waste your money in the wrong place.

Top 6 Advantages Of Student Loans

It is just a common myth that only the federal loans provided by the UK government are cheaper and easier to repay than the student finance options provided by the private direct lenders. However, if you see the APR and repayment modes, then you come to know that private student loans are the clear winner! Let’s have a quick look at the top 6 advantages of education funds offered by the direct lending companies:

Borrow Short-Term and Long-Term Funds

Whether you are looking for a big amount to complete the higher education course, or need short-term funds, to give just hostel and tuition fees; both options are easily available and you can access the required funds in less than 24 hours without facing any hurdles. You can ask the lender to transfer funds directly to your bank account or deliver to your doorstep.

No Documentation to Waste your Time

The time of a student is very precious and instead of taking stress about the cash, he should focus on studies. Direct lending companies know the importance of young generation in the development of the UK and hence they offer paper free student loans plans. You are not required to submit your last class mark sheet or the address proof.

Apply Online in Just 2 Minutes

You don’t have to bunk classes or take leaves from the college, just open your laptop or smartphone and apply for the student finance loans on any reliable direct lending website. You would need just 2 minutes to complete the online application procedure. No hard copies or soft copies are required.

Avail Funds with No Guarantor

Students don’t have a big network to arrange a guarantor. They are dedicated towards their studies and interact less with people. Arranging a guarantor is an embarrassing task for them as people are not ready to co-sign their application. They can easily access student education loans with no guarantor and no broker by applying to a reliable direct lender.

No Hurdle of Bad Credit History

Some students have bad credit issues due to pending credit card bills or some other reasons. Banks and conventional lending companies don’t entertain their funding requests. However, they can easily secure the cash by applying student loans to a bad-credit friendly lender. There are no hidden charges. You can compare various deals and grab the best one with the lowest APR.

Easy and Flexible Repayment Modes

Everybody knows that a student can’t repay funds during his education time. He doesn’t have a steady source of income. Direct lenders offer various student repayment plans that can be chosen as per comfort. You can either start repaying in installments from the next month or repay the total debt in instalments after completing your education.

Top Five Intra Day Trading Tips To Become A Better Trader

In words of Warren Buffet The stock market is a device for transferring money from the impatient to the patient. Let’s read between lines. The investor or trader who is impatient (frequent buy/sell strategy) transfers money to the patient (holding strategy).

Find below herewith five tips which should be followed by a day trader:

Take advice of professional trader

Before one starts day trading it is better to take advice from experienced and expert day trader trainer. Every trainer will have different teaching method and style. See for one who has good teaching method. He should also suit your trading style. They may be ready to teach in their free time. He may charge the fee. As he is spending his free time with you. But it is worth. You can assume that paid fee as an investment, which you need to get knowledge. They are the best share tip providers when you trade.

In future when you grow big, many newbies’s will come to get knowledge from you. At that time you can charge them likewise.

Gather information from financial news

One has to gather news from across the globe. Segregate relevant news, which affects your business. Analyze and set priority which news will most affect your business. Stay updated on news like meetings, change in government policies and rules. Local, national and international news should be followed.

M&A, financial results, entry/exit of members of BOD, etc. These types of related news of the company one have shares in, make sense.

Though the news does not impact a common man but may have an impact on your investment in the concerned company. This news helps to take a smarter decision, especially while trading shares. Through nifty future tips also one can gather information.

Treat trading as any other business

Take day-trading as any other business. It is not a hobby, but a serious business. It is not for fun that one is in day trading. Like any business, it needs devotion and dedication. Trading is a part. One has to devote a lot of time preparing a plan. Study different charts before coming to any conclusion. Follow news on TV, read business magazines, study reports etc. It is a full day activity.

Keep eye on professionals

One should study professionals. What they are buying, when they are selling. For how much time do they hold the script? Since they have experienced one can learn a lot by keeping eyes and ears open and mouth shut. If one makes mistakes, then analysis the mistake. What went wrong and where? You can find them in many share market advisory companies.

Patience

It needs time, energy and devotion to master the skills. As the old saying goes Rome was not built in a day It was destroyed and then rebuild. This process was repeated many times over. Even if one makes loss he has to get up again for a fight.

Traders do not profit all the time. Many a time they incur losses. So one has to be prepared for losses and have patience during the time of loss. Commodity tips are also helpful to know the market trends.

Today’s successful traders were also novice once in a while. They got success by their hard and smart work. They had put in their efforts, made mistakes, but kept up their learning process.

Lead You To The Authentic Zone Of Money Transfer

If you have an international business and you have to move to many countries for the purpose it is the urgent requirement to find a reliable and efficient money transfer service. Business with any other country will require a resourceful money transfer. This transfer should be fast efficient and safe. Your trade shouldn’t be forced by the variation in exchange rates either. For all these reasons, it is prudent to take the assistance of International money transfer Services available. It will be better to find the reputed and quality one on the internet. It is an internet era and you get different types of information on the internet.
Process Involved
This service helps you find a provider that you are comfortable with. After you decide on the money exchange provider you will need to complete some forms. Once you have established contact, you will be informed about the rules, terms and conditions involved with a deal. Finally, you will be asked to complete some forms to set up your account. You can fix a standard rate for your exchange as well. The whole process is hassle free and once you learn how to go about it, the upcoming transactions will be smooth, effortless and quick.
Exchange Rates
When you wish the inexpensive currency transfer to be done, you should be careful about the rate you choose. With large amount of money a little change can make a big variation for your commerce. When you transfer your money to a bank, they will transfer it at a great exchange rate that you are happy with on the day you have mentioned. Exchange rates promised may differ between agencies that are why you should be careful while choosing one.
Staying in the circle
Most good free currency transfer companies will make sure you are kept in the circle about where your money is. When the transaction is being made, you will be sent a verification message and sometimes even a message. You will be consulted before and after the deal, which assures that nothing can go wrong with the deal. This feature gives you more control over your money.
Expediency and safety
Foreign Exchange is a very expedient way of sending money across countries. When you choose a reliable company, along with good customer service, you will also safer transferring your money. This service is as useful for the common man as it is for businesses. Having an overseas exchange agent working for you is an immense way of saving money. In some websites, you get to check the exchanging rates promised before you sign in to transfer money. This makes it easy for you to select the best in the record.
Currency Exchange near me, this thought is quite wise and intelligent as there is lower risk for the safety of your cash. If you are in Adelaide, you can find a good currency exchange company that has a strong team for a powerful deal of money transaction. A reputed and trustworthy company always offers the better rates and a higher security.

How You Can Benefit From Investing in ETF

Investing In ETF (Exchange Traded Fund)

Welcome to the world of Investment. If you are new to ETF, it’s probably time you look into this as part of your investment portfolio. So, what is an ETF?

An ETF is an Index Fund that is listed on a stock exchange and trades intraday (you can buy and sell it anytime of the day just like a stock). ETF can therefore describe as a Mutual Fund trading like a stock.
Although there are some very important differences between them, it’s easy to understand ETFs if you think of them like mutual funds.

But unlike mutual funds, which try to beat indexes like the S&P 500 each year, ETFs try to follow them.
For example, if the S&P 500 trades 10 percent higher, the ETF that follows it will also trade 10 percent higher. If the S&P 500 index trades 12 percent lower, the ETF that follows it will also decline by 12 percent.
In case you are not aware of what Mutual Fund is, let me define it for you as well. A Mutual Fund (also known as Unit Trust in Asia) is an investment vehicle that pools money from many individual investors. A professional fund manager then invests and manages these funds into a broad diversification of stocks, bonds and other securities.

The main problem with Mutual Fund or Unit Trust is that they tend to have high management fees and are very restricted in the way you can buy or sell them. With the explosion of ETF over the last few years, I have personally decided not to bother with investing in Mutual Funds (Unit Trusts) anymore, except for some investment linked policies that I currently have partly for protection purpose.

Why did I propose that you should look into ETF as part of your investment portfolio in today context? As ETF is relatively new as compared to Mutual Funds, that also means that there is currently few investors with the necessary skill and knowledge investing in it, thus providing a vast opportunity for early investors in this investment arena.

Imagine that you are one of those early investors who have invested and profited from the rise of China or the boom of Mutual funds in their early stage? You could be reaping a great return in your investment portfolio right now…

This will help put things in perspective: Back in the early 1970s, there were approximately 270 mutual funds in existence, with total assets of around $48 billion.
By 2006, the total number of mutual funds was approaching 7,000 … with total invested assets of more than $9.2 TRILLION!

Imagine you knew all the ins and outs of mutual fund trading back in 1970, and were able to ride that trend for the past 30+ years.

Do you see that in ETF? I hope you do…

Ok, if I have interest you, let us talk about ETF now…

Who Issues ETFs?

Do you want to find a comprehensive list of ETF’s currently in the market?

A fairly comprehensive list is actually at Yahoo! Finance. If you go there, you’ll find a section on ETFs under the “Investing” tab. Drill down using the left-hand menu until you get to “View ETFs.” It’s not necessarily 100% current, but again, it’s the best resource in the internet right now.

For the most detailed information on ETFs you’ll want to go to the websites of the issuers of those ETFs. There you’ll find a lot more information that will help you identify ETFs that you’re comfortable buying.

Some of the major issuers include:

Barclays – iShares
State Street Global Investors – SPDRs (Spiders) and streetTRACKS
Merril Lynch – HOLDRSs
Rydex Financial – Rydex ETFs
Vanguard Group – Vanguard ETFs (formerly known as VIPERs)
ProFunds – Inverse and leveraged ProShares ETFs
Bank of New York – BLDRS (based on ADRs)

Some of the common ETFs:

Standard & Poors Depository Receipts, Series 1 ( SPDR): ( Ticker Symbol: SPY) A word about Ticker Symbols- Every stock ETF or Mutual Fund of Index has a ticker symbol assigned to it. For example, the ticker symbol for “Citigroup” is C and the ticker symbol for “S&P Depository Receipts ( SPDR)” is SPY. Whenever you wish to trade a security, you have to type in the ticker symbol.
The SPDR (also known as SPIDER) is an ETF that tracks the performance of the S&P 500 Index. They are listed on the American Stock Exchange (AMX) and you can buy and sell them like the shares of any other company.

The DIAMONDS Trust, Series 1 aims to track the performance of the Dow Jones Industrial Index. They are listed on the American Stock Exchange (AMX) and it can be easily be bought or sold like the shares of any other company.

Back in Singapore my country, if you want to grow your money at the same rate of the Straits Times Index, which measures the Singapore Stock market, then you can buy the STI ETF. You can buy a minimum of 100 shares through any local broker. The STI ETFs are priced approximately 1/1000th of the STI Index. So if STI is at 2100, the STI ETF will be priced at $2.10/share. The wonderful thing about ETFS is that it also pays you cash Dividends of 3%-4% a year on top of the appreciation of the ETF’s share value.

Some Personal Recommendations:

If you have excess liquidity in cash after setting aside 3-6 months emergency cash and have an investment horizon of 3-5 years, you may like to invest some of your spare in the STI ETF. I have been recommending buying of STI ETF since it fell to 1600 level. Despite the fact that there may be some pullback of STI Index back to the 2000 level, you may like to accumulate the STI ETF upon any weakness or pullback in this particular STI ETF. With the upcoming 02 Integrated Resorts that would be opened for business by end of this year and next year, Singapore with a strong government and political stability is poising for a strong economic recovery in the next 3-5 years.

Another ETF you may like to look into is the Oil Service Sector (SYM: OIH). From my previous blog on how US economy is evolving with inflation likely to creep in the near future, it can be deduced easily the direction of oil prices in the future and hence this particular ETF. Do your sum and take advantage of this trend.

Next, you may also like to look into the Metals & Mining ETF (SYM: XME). The price is currently around $35 and this was the price back in 2006! Investment Guru Jim Roger had placed a lot of emphasis in commodities and I believe there must be a reason for him to do that. Sometimes, it pays just to follow the Guru after you have done your homework.

Summary

In summary, ETF is a great investment tool that you should not be missing out at this point of time where market is bruised after the credit crunch and is in trend for a recovery in the next few years. The beauty of ETFs is that they let you allocate money the way an institution does, that is, on a sector by sector basis. This used to be the Big Boy’s Game, but with ETF, small investor like us can afford to join in the game now. As I always said, this crisis is once in a lifetime for you to make big tremendous gain in your investment portfolio, do not miss the boat this time, remember to accumulate on any weakness and stay invested in the next few years.

In my next blog, I will share on how you can utilise OPTIONS to multiply the returns on your ETF investment, and how you can buy at lower market price! Stay tuned and talk to you soon.

How to Buy Physical Gold and Why Not to Invest in Gold ETFs!

Gold: the ultimate store of wealth that has been used since time immemorial. A hedge or in troubled times, a ‘safe haven’ in the current crisis. If your wealth is stored in gold, then who really cares if the financial system implodes? Empires, currencies and rulers have come and gone… but gold has always retained value and purchasing power. Of the various precious metals, gold is probably the easiest, most liquid (easily traded) asset you can invest in.

Gold is a traditional hedge against inflation or deflation. Against currency devaluations. Against avaricious or incompetent governments or Central Bankers. Or shall I just say, in a less politically correct manner, that America is bankrupt and Gold is the only real money? If you invest in Gold, you no longer have to rely on the “full faith and credit” of the US government – which is declining sharply.

If you’re reading this article, you probably don’t need me to tell you why you should buy gold. It’s actually an obvious decision in the current economic climate. The question is not so much should you buy gold, as can you afford to hang on to assets denominated in a declining currency like the dollar or the pound sterling or the euro…?

The US dollar typically rises or falls inversely with the value of gold. Recently, although there’s been a slight increase recently, the trend of the US dollaris downwards. My view is that the dollar will continue to decline until the US economic fundamentals look better – till America comes out of bankruptcy, that is – and that could take some years.

In terms of your savings or retirement portfolio, this means that if you invest in things like bank deposits (CDs) the net return is most likely negative. Since the beginning of 2003, US dollars held in 3-month US Treasury Bills have yielded less than 3% per year (Source: Global Financial Data). Considering that the inflation rate over this same period of time has averaged more than 3% annually (Source: US CPI), the cash accumulated had less buying power in October 2008 than it did half a decade before.

The carnage on Wall Street, and the fallout around the world, looks far from over – despite what the Feds or the mainstream media might have you believe. Every time there is a new panic like another bank or insurer collapsing, a flurry of investors with dollars, euro and pounds start a new mini gold rush.

At the same time, demand for the yellow metal continues to significantly outweigh supply. The Chinese, for example, love gold and have plenty of dollars. China is keen to diversify its huge foreign currency reserves (by far the largest in the world) away from the dollar. A small increase in China’s percentage of gold reserves would cause a huge increase in demand and consequently in the gold price. Asia, particularly the Indian subcontinent, and the Middle East (think Dubai) are also seeing large increases in domestic gold demand as disposable income increases. When people think that paper currencies will be worth less in the future, they have historically looked to place their net worth into a more stable vehicle. And gold is typically viewed as a safe form of currency, as its value isn’t as affected by inflation.

Why Buy Gold Offshore?

So far, so good. There’s nothing particularly new or controversial about the information above. But I have always believed in a more offshore, skeptical, pragmatic approach. Like it or not, we tell things as they are.

Can we trust government to manage our finances? I think the overwhelming evidence suggests no. History shows that gold is politically sensitive, and governments (read Central Banks, particularly the Federal Reserve) don’t like to see individuals buying gold. Why? Because they can’t control it. They can certainly try. For example, in an earlier article you will find here, we asked seriously Will the US Government Confiscate Gold?

Then suddenly, as of late September 2008, we saw the US Federal Government beginning to limit the access of ordinary citizens to gold bullion – by withdrawing new bullion coins from circulation. (Suddenly and unexpectedly in mid-crisis the IRS also introduced a new form FBAR for reporting of foreign bank accounts)

What we can see from all this is that the smartest strategy is to keep your gold holdings outside your home jurisdiction — where they will be well protected against all sorts of threats from governments to predatory ex-spouses. So you need to know:

How to Buy Gold Bullion Offshore

Gold bullion is the most liquid form of gold. If you want to buy gold with the idea that you’ll ultimately sell it, then you will want to buy gold bullion. Bullion means either bars or coins. Fortunately, you can easily buy gold this way and just as easily sell it again anywhere in the world. If you need to break it into smaller denominations, you can for example exchange gold easily for silver coins like Panama’s old Silver Balboa or Mexico’s silver coins.

You can buy gold bullion by looking for offshore dealers. If you have a particular kind of coin in mind – like the Canadian Maple Leaf or South African Krugerrand, to name a few of the most popular gold coins – then do a search for that particular coin, or find the official mint websites. For example, check out the South African Mint or the Royal Canadian Mint. An interesting and more private option for Americans is restricted circulation coins. When you want to buy gold, these sites all contain helpful tools for finding local and international dealers of gold coins.

Provided you don’t ‘look suspicious’ and you can prove the origin of your funds with some documents, it is quite easy to buy gold bullion coins anonymously with cash. Some countries, like France, charge sales tax on gold and so should be avoided. Others place burdensome restrictions on export, like major gold producers Brazil and South Africa. Others, like San Marino, are simply too far from major gold markets for purchase there to be economical – you would be saddled with high transport and insurance costs.

So where should or can you go to buy gold offshore? The undisputed capital of the business is Zurich, Switzerland. There you can buy and store your gold in the free trade zone at the airport. Major Swiss banks like Credit Suisse will sell you gold directly from their branches in Zurich Airport.

Most countries in mainland Europe are good for buying gold. Luxembourg, for example, is a friendly little place where privacy is still respected in precious metals transactions.

In the Americas, Mexico is another country where you can simply walk in to a casa de cambio and buy gold ‘centenarios’ over the counter for cash. Mexico has suffered from so many devaluations and is also a major producer of gold and silver, so investing in bullion coins has become popular there. There has been a serious effort in Mexico to introduce silver coins as legal tender. (For info on Mexican gold coins, known as Centenarios, visit here…

Urgent Warning: Here’s why you should absolutely NOT Invest in Gold ETFs

In September 2008, shareholders in ETF securities were left high and dry – unable to trade popular commodity securities, due to concerns over the future of their backer, insurance giant AIG. Overnight, banks and brokerages stopped making markets in the Exchange Traded Commodities (ETCs) backed by the troubled insurer. The price of the stoc

Gold ETFs are vastly different to holding real gold. Turbulence, such as the above in the market, can affect the value of those gold ETFs markedly. When you buy an ETF you are buying electrons on a screen. It is not the same as buying real solid gold. What if the bank or fund manager goes out of business? What if trading in the shares is suspended, as for example short selling was just suddenly banned? What if the whole exchange is suspended as has happened in the past? Shares can be subject to massive manipulation and liquidity problems. I believe we will see dual gold prices from now on – one ‘official’ spot price, and another price dictated by pure supply and demand which will dictate what you can actually buy and sell real gold for in the real world.

If you own stock in an ETF, that means you own a stock that depends on the price of gold, rather than gold itself. No matter that corporations such as ETF Securities own gold. How much gold they own is not clearly discernable by the average “Joe Sixpack” who may own ETF stocks.

Even a downgrading by credit agencies like S&P or Moodies can drastically affect the share price in ETF Securities – as it has done! In September 2008 shares in ETF Securities products, which were backed by AIG, were down as much as 50% in one morning after the US insurer was downgraded by the rating agencies. The cold hard reality is that if the issuer of an exchange traded note goes bankrupt, investors holding exchange traded products backed by these notes will join the ranks of other creditors hoping to get their money back. With any gold ETF one does not own actual gold and cannot automatically or instantly redeem gold from the fund.

Indeed, to buy gold ETFs is adventurous and courageous – one might almost say dangerous – activity, in today’s economic climate, with so many Wall Street firms going under.

The same is true, in my personal opinion, to the Perth Mint Certificate Program (PMCP). This program is run by the government of Western Australia, and is offered by many gold dealers and investment advisors around the world. The problem is, when you do due diligence on the Perth Mint program, you will see that you are not really buying physical gold. You are just buying papers or ‘notes’, and redeeming those notes later could involve substantial bureaucratic hassle. You are also reliant on the Australian government. If, for example, the US tried to confiscate all gold held by its citizens, do you think the Australian government would co-operate? Most likely yes!

Also be aware that if you hold shares in an ETF they are reportable for tax purposes. Physical gold however is not reportable. That’s just another reason to consider real gold bullion bought offshore, rather than exchange traded funds.

Personal Finance to Usher in the New Year

Who is not interested in some down to earth advice? These are some personal finance tips to kick start the New Year in style. Some popular issues have been addressed, such as the recent emerging markets ETF, ING sharebuilder and a number of topics. If you have spent at least a bit of time on the Internet in the recent months, you may have noticed the buzz connected to ING Sharebuilder. There is a whole number of discussions, reviews, promotions and ads related to the service you will see. The hype is what made many people stop and think, although there have been some good reviews. Note that ING Direct is a much respected name in the banking business. Actually, ING Direct and Sharebuilder have quite a good thing going on. There is a whole number of reasons why.

The thing is, when push turns to shove, and when the measly interest rates on offer from banks and institutions start bothering people too much, is when online banks like ING start gaining in popularity. ING Sharebuilder is the investment service for the ING direct online bank, and is an excellent service, as far as efficiency as well as profitability goes. The investment account has a good amount of flexibility. With the ING Sharebuilder, you can start investing with as little as even fifty dollars. You can register for an investing account in the stock market, buy stocks for as less as four dollars, even set the account to buy and sell automatically according to the schedule set by you. The investments made at the ING direct are taken care of by Sharebuilder Securities Corporation, which is a member of the FINRA/SIPC, and is a subsidiary of ING. This is not a bad personal finance service.

With respect to the emerging markets ETF, there are a good number of reasons why you should have your senses about you when you deal with emerging markets. There are many countries that are emerging economies, and keeping your money in the United States, or your home country will certainly not be the best thing to do if you want to take advantage of the growth potential.It is true that the ETF’s or exchange traded funds keeping track of emerging markets are having an exemplary run. Of course, ups such as those shown in two thousand five such as South Korea upping to fifty seven, Brazil fifty six and Mexico forty nine, and the overall Emerging Markets (EEM) to thirty four per cent, are indicators of just why you should invest in emerging markets ETFs. Markets such as Singapore, with a low risk are looking pretty attractive.

There are extreme views about the whole emerging markets ETF scenario both from respected sources such as Morgan Stanley and BCA research, the latter for, and the former against. The truth however, may lie between these, and certainly, the emerging markets will outperform perhaps more mature markets, although do not expect something in the nature of a shoot up growth. Use options to cover your back. Safeguard your personal finance.

The Benefits Of Trading The Commodity Market

Like trading in the Stock market, trading in the commodity market is also very interesting. While one trades on the basis of Stock Cash Tips in the stock market, the trader can trade on the basis of commodity tips in the commodity market. ProfitAim Research is one such advisory firm, which provide both the best Stock Cash tips as well as commodity tips to the traders.
Commodity market seems to be a lucrative avenue to a lot of traders and Investors. In the Commodity market various commodities are traded and one can take benefit of the price fluctuations to trade effectively in the commodity market. Various commodities are listed on the Commodity exchange and the relative prices of various commodities are traded on the exchange. There are various benefits of the Commodity trading like a trader can make huge profits by trying to forecast the Commodity signals. The most important part of the Commodity trading is to anticipate the Commodity trading signals.
Scalping: Intraday Trading Strategy For Commodity Market
One of the important benefits of the Commodity market is that the trader can form a strategy and trade on the basis of it. The Intraday strategies like First hour strategy or scalping techniques can be followed to earn good profits from the trades. Scalping is a technique to look at the price range during the first hour of trade and then look for a breakout from this range. Thus, if the prices break from the high it’s a buy call and a rise in the prices is anticipated. On the other hand, if a breakout from the lower limit of range is observed a down trend is anticipated. Thus, scalping is an important strategy in achieving good profits from the Commodity markets.
Also, there are other strategies available like trading for small profits. In this case small changes in the Commodity signals are generally traded for the profits. Also, a large number of trades are executed to add up to large profits, this will be applicable in Stock cash tips as well. The Commodity trading signals are unassuming but still with a proper plan and a proper strategy good profits can be made through Commodity markets. The trader can also base their trade based on the advice from the advisory firms who provide free Commodity signals initially and then charge a nominal amount for their services. Thus, the Commodity trading is beneficial if done with proper planning and strategy.
Trading based on the Charts
Trading in the stock or commodity market is an art difficult to master. People use various methods and strategies to trade in the stock markets. Trading based on the charts is one of the ways out of them. Various types of charts exist like Candle Stick charts and line charts. These charts can be plotted with varying time scale. The price movement depicted by chart can be an important way of forecasting future prices.
Thus, one can trade on the basis of charts and by applying suitable indicators of the technical analysis, one can anticipate the price movement. Trading on the basis of intraday Stock Cash Tips is the other way of trading.

Sip Calculator Magnetizing The Investors Towards Online Investing

Online investing option has reached to a higher level with the introduction of SIP calculator. Making the calculation of SIP amount easy, the tool is handy to use as well. Let us understand the concept of SIP calculator with a story. There were two friends Yash and Rohan. Both had passed out college and were placed in MNCs. With the commencement of their career, they took a resolution of initiating their investment also. Yash was very trendy, and new technologies magnetized him. On the contrary, Rohan was simple and was not much of a techie. As both of them decided to invest, Yash did all the research online and also prompted Rohan to take up the online investment method. But, as for Rohan, it was not his area of expertise. So, Rohan relied on the mutual fund agent, and Yash went for online investing. When it came to deciding the amount to invest as SIP monthly both were confused. Yash took the help of an SIP calculator, and Rohan trusted the agent. But, the outcome was that Yash got the exact amount required for investment and the agent failed to calculate the precise amount and thus took an approx figure. Thus, for the same scheme Yash paid the correct amount that was required and Rohan had to pay a little more due to the inaccuracy of calculations.

The story signifies the importance of SIP calculator in the investing process, because the amount of SIP decides the corpus (the main aim of investing). Especially in the online investing the role of an SIP calculator is of vital importance. The investor advances towards being free in order to make the optimal use of their money. SIP calculator acts as a catalyst in aggravating the process investment through proper channel.

Features of an SIP calculator:-

There are a lot of features which motivates an online investor to use SIP calculator. A few amongst them are stated below:

Easy to use:

SIP calculator is an easy tool to operate on. The user-friendly approach is the striking feature of the tool. Providing an environment of smooth functioning and quick calculations, an SIP calculator in India is making online investments attain new heights with each passing day. The main reason of the increasing inclination towards online investment is the handy tool (SIP calculator), which ease out the complex calculations manifolds.

Using CAGR:

SIP calculator uses the formula of CAGR (Compound Annual Growth Rate) to calculate the returns. CAGR is the most widely accepted concept for the growth calculation of investment over a period extending one year. The calculation of CAGR is very complex and not beyond the grasping power of non-financial people. It is a mind wrecking concept and takes time to understand. But you need not worry. The CAGR calculation is simplified with the help of SIP return calculator. Paving the way for quick and easy calculations, SIP return calculator has become a defining point of online investment.

Targeting accuracy:

The goal of an SIP calculator is to provide results that are 100% accurate. But, it works on the inputs that are fed to it. Any mistake in the input data leads to an erroneous result. Otherwise, the result shows the exact and accurate outcome without the mistake of a decimal place. A perfection of that level is surely a strong feature of SIP return calculator.