Author Archives: Legendro

How & Why To Create An Emergency Fund

If you’ve been living paycheck to paycheck like most Americans, you may be thinking of the dangers that feel like they’re looming at the surface. These financial dangers can be anything from car trouble to health problems. If you need money, then they will more than likely go to these important emergencies rather than what your family needs, which can be a real problem if you don’t have backup. It’s important to plan for these things, and to save money just in case anything were to happen, and you and your family have some backup.

The first thing you should do when beginning to save for an emergency fund is to look at your budget. You’ll want to understand exactly where all your money is going, and what you can do to save more. Even if your family is living paycheck to paycheck, it’s definitely possible to ensure that you’ll be safe in an emergency by just saving around $20 every month. It’s a great idea to make sure that you look everywhere in your budget, so make sure that you’re tracking every little thing your family spends money on, so that you can get a better idea of what you’ll need to do with your money.

Next, you should start taking things out of your budget that your family can afford to go without. If you’re eating out once a week, make it a family dinner night where you all cook something you love instead. You can save hundreds of dollars a month this way, and it can go a long way to supporting your emergency fund. If you’re going to shop, make sure that it’s only for necessities. If it is, you should first check around in thrift stores and things before you make your purchase so that you know you’ll be getting the cheapest price possible.

If you’re going to be looking for clothing for you and your family, thrift stores are an excellent idea for some items, while you may want to splurge on certain things that will last longer, like shoes. If you spend more on shoes and coats, in the long run, you’ll end up spending less money on replacing them. Visit Kate Spade for huge savings on great items that will make your families paychecks go further, and where you’ll be able to save more in the future for your emergency fund.

My Vast Fortune on the Stock Market

I love making money on Wall Street. I enjoy the thrill and the rush of trading on the stock market. My broker is very important in my financial ventures. He helps me make money telling me which stocks to buy and sell. He is very smart and capable at his job. He does a great job helping his clients get the most out of their financial investments. He has never steered me wrong in the past. I can see why he is a well-paid broker. He uses pair trading strategy software in his research. I assume that is why he is successful on Wall Street.

I started investing in the stock market when I fifteen years old. My father bought me a stock for my birthday. I wanted a new video game, but he got me a stock in the same company that made the game. At first, I was confused and disappointed. I did not understand at the time what was the importance of the stock.

My father explained to me that learning about the stock market was important. He felt that I should know how my money works. He regretted that his father did not teach him the benefits of financial literacy. He did not want me to fall behind in life. Little did I know, that investment would open up a whole new world to me.

Over the years, my stock continued to grow over time, My father’s stock broker continued to give us good financial advice. He helped my whole family become financially literate. I sickened me on how much information I was missing out on in life. The concepts were overwhelming at first, but I learned over time.

Today, I am able to make lots of money on the stock market. I am able to support my family ten times over. I am able to retire at the age of thirty.

Lawyers Begin to Recognize the Value of Expert Witnesses for Winning at Trial

When it comes to winning at trial, it is not always the quality of lawyer or even the quality of the case that matters. While the movies and television paint the picture of litigation as a process where the most savvy lawyer always wins, this is not quite accurate. In the real world, winning in litigation is all about preparation. The people who end up walking away with the best possible results are those people who have the best experts and the best plan on how to use them. For instance, in a case on finances, a banking expert witness can make all the difference.

What do expert witnesses do? They help to establish credibility in a way no other person in the room can. People expect lawyers to make any argument they can to win over a jury on behalf of their clients. People do not expect witnesses to do that, though. When a person goes in front of a jury and claims to be an expert who has sworn under law to tell the truth, there is more credence in that promise. Juries will give more weight to what the witness says.

In many cases, an expert witness can do a good job of filling in the gaps a juror might have in his thinking. The juror might be wondering what something means or how something can happen. The expert witness’s job is to skillfully bridge the gap in communication between himself and people who know very little. The good experts are those you can relate to. Though they have significant knowledge of banking, construction or some other topic, they are able to speak about those topics in a way that connects with the common man or woman. It is a skill that be the difference in winning or losing when it comes time to contest a massive lawsuit in state or federal court.

Lawyers who ignore the importance of experts do so at their own peril. That is why it is often said that the party with the best financial standing is in the best position to win in litigation. Those who can hire the best experts and build their litigation plan around the expert’s knowledge are usually able to come out on top when it comes time to take the case to a jury.

What is an inline Store?

An inline store is a multi-functional, portable storefront that can be designed any way the owner wants. They are similar to kiosks that way. The main difference is that they are set up like bars. Storefronts like this are usually used by food service companies and bars.

You have probably seen these stores all over the place and never stopped to think about where they come from or how to get one. There is a multitude of companies that create inline stores. They come in all shapes and sizes depending on the needs of your business. Here are three reasons that I recommend to invest in an inline store for your business.

Portability – This is the number one reason to get one. The structures can be broken down and taken anywhere. That means that you’re catering company can have a professional looking bar at any wedding, trade show, and outdoor event. These days, you have to take your product where the customer is. I have even seen these bars in hotel lobbies being used as coffee shops. If you already have one in one area, and it’s not working, you can just move it. It isn’t like other businesses where you need to get out of a lease and find a new place if you want to relocate.

Customizable – Brand identity is an important thing for catering businesses. Most of the business that you get is probably from word of mouth or someone attending an event that you are working. If someone sees your logo on the side of your food service station all night, they are more likely to remember the name of your company. That could mean increased sales. Beyond that, it’s also just a good look to have something that is made just for you.

Multi-functional – Most people just associate this kind of structures with people serving alcoholic drinks at a wedding and other events. The truth is they can be used for just about anything. I think the most interesting way I saw one used was a sushi bar at a casino night. There is no limit to what you can do with them.

If you want a great portable way to get your business on the road and in front of more customers, an inline store might be the perfect choice for you. They are made with top-notch materials. The quality is unmatched. Getting one could open up a whole world of possibilities for your business.

What is a financial spread bet?

Put simply, a financial spread bet allows you to speculate on rises and falls in the financial markets.  You can profit, or incur losses, for each point change matching the direction you predict the markets will move in.

Financial spread betting offers a number of benefits that traditional trading can’t provide, like not having to own the underlying asset which you’re trading (e.g. a share in Apple). You can place financial spread bets on thousands of global shares, indices, bonds and securities without ever having to deal directly with the markets.

What is spread?

As a trader on any derivatives market you are offered two prices either side of the underlying market price: the buy price and the sell price. The difference between these two prices is known as the spread.

For example, the underlying market price for the UK100 index is at 6500 points. Currently the bid price for this market is 6499.6 and the offer price is 6500.4. The difference between the bid and offer (6500.4 – 6499.6 = 0.8) is known as the spread.

The size of a spread is important because it is essentially the amount you are charged for every trade you make, there is no commission charged in spread betting. The tighter a spread is reflects how quickly you can start to realise profits, or losses, from the market you are trading.

How does a financial spread bet work?

A financial spread bet comes down to you predicting whether the market you are trading will rise or fall. If you are going long in the belief a market will rise, your bet will open at the offer price. Your profits will increase with each point rise above the level you entered the trade.

If you believe the markets will fall and choose to go short, your bet will open at the bid price.  Assuming the markets behave as you predicted, your profits will increase with each point the market falls below the price you entered the trade.

Using the UK100 example above, you speculate the UK100 will rise and go long (open a buy position) with a stake of £10 at 6500.4. As you predicted, UK100 rises 10 points to a bid/offer of 6509.6-6510.4. At this point you decide to close your position and sell at the bid price of 9509.6. Because you bought at 6500.4, you have increased your position by 9.2 points.  9.2 points multiplied by your stake of £10 gives you a tax-free profit of £92.

You will incur losses in line with each point change in the event that the markets move in the opposite direction to your position.

What are the benefits of financial spread betting?

Tax-free: Any profits you make from spread betting are exempt from UK Capital Gains Tax and UK Stamp Duty. This may be dependent on personal circumstances and tax laws may change.

Leveraged: One of the key benefits of a financial spread bet over traditional trading is that it is a leveraged product. This means that you only have to deposit a percentage, or margin, of the total notional value of your bet. This margin requirement is typically between 0.5% and 4% of the potential value of your trade.  Leverage can also work against you if the trade does not work out as expected so you need to understand this risk carefully.

 

Go long or go short: By taking a sell position, you can profit from a fall in the value of a market. Unlike traditional trading, you can always stand to profit no matter which way the markets are moving.

www.corespreads.com

Risk Warning: Spread bets and CFDs are leveraged products. Losses may exceed deposits.