Copyright (c) 2008 Billy Alvaro
Everyone today is worried about credit card debt, but in most cases, they don't have a clue how to do anything about it. In fact, for most people once they get into debt, they don't have a clue how to get out again. In fact, for most of the population, it's much easier to get into debt than it is to get out of it, especially with credit cards. Out of all the debt in our society, credit card debt is the major cause of bankruptcy and debt management plans.
The Effects
How does it begin? Unfortunately banks play a large role in the high credit card debt that many consumers are carrying. With lucrative offers of low interest rates that expire after a year with no annual fees to rewards card that have everything from free flyer miles to cash bonuses, cardholders snap these cards up in a hurry in order to be able to take advantage of the many bonus offers. The bonus offers are the beginning of what will later culminate into a financial disaster. Unfortunately, many of these offers are targeted at young people-new high school graduates, college students, and recent college graduates-who are not yet emotionally mature enough to understand the importance of having good credit or even how to handle a credit card. With this early lack of knowledge about credit cards comes a future of financial chaos.
Sadly, many people do not realize the effects of too much credit card debt until they are in so deep that they don't see a way out. For many, the most classic sign of having too much credit card debt-only being able to afford to make minimum payments-does not stand out as a problem. It isn't until sometime later that the real effects of excessive credit card debt begin to materialize-missed payments, inability to afford even minimum payments, credit lines at or above established credit lines, and borrowing from one card to pay payments on another card. Sometimes those in serious credit card debt will apply for another credit with a higher limit and lower interest rate with the original intention to get rid of the other cards and use the new card. Some may even take out a consolidation loan, and after the balances are paid on their credit cards, they start using them again instead of getting rid of them. For some the reality does not hit home until the bill collectors are knocking on the door, the judgments are issued, and they attempt to apply for a loan only to find that their credit is so severely damaged that they can't even borrow a few hundred dollars to buy some furniture.
The Solution
Once you have gotten into severe financial trouble with your credit cards, the next step is to devise a plan to eliminate the debt and get back on your feet. There are several plans you can utilize depending on the severity of the damage. Following are some solutions beginning with a program for the debtor who has done the least amount of damage and ending with the most severe cases.
* If you are one of the lucky ones who becomes aware of financial issues before it gets totally out of hand, it's much easier to solve the problem. One of the easiest ways to pay your credit card debt if you are still at a reasonably manageable level is to take the credit card with the lowest balance-or highest interest rate if all the balances are close in value-and add some extra funds each month. Even if it is only $10-15, anything above the minimum payment will help the balance reduce quicker. How so if you are only paying an extra $10-15 a month? Here's how: when you pay off that first credit card, take ALL of the money you were paying on it, and add that to the minimum payment on the second highest balance or interest rate card. In other words, if you were paying a total of $50 a month on Credit Card #1, when you pay it in full, add that same $50 to your payment on Credit Card #2. Follow this same process until all of your credit cards are paid in full and refrain from using them other than an extreme emergency (car or appliance not working, medical bill, medicine for illness), and do not under any circumstances use the one you are in the process of paying in full. If you have more than two cards, get rid of the except any used solely for business.
* Another outlet you may want to use is a consolidation loan. Of course, in most cases you will need to own real estate to obtain a consolidation loan. This will give you a longer term and lower interest rate, but you must be careful if you're using your home as collateral. When you have paid the cards in full, cut them up or lock them away until you finish paying off the consolidation loan. Some people make the mistake of obtaining a consolidation loan, only to begin using the cards again and create the same financial situation from which they just evolved.
* Some card issuers have a program where they will lower the interest rate and payments, but if you have several cards, this program may not work well for you. If you miss one payment, the program becomes null and void, and you are right back to where you were.
* Debt consolidation involves working with a debt management company in order to develop a repayment schedule. They will work with your card issuer to obtain a lower interest rate, and sometimes eliminating the interest rate totally, to allow you to make one payment to the debt management company that will distribute the payments to your credit card companies.
For those who waited too long to do something about their situation, bankruptcy may be the only answer. That is a step you want to avoid whenever possible, so unless you have extenuating circumstances, recognize the extent of your financial situation before it's too late to work with your creditors.
------
Economic Advisor 'Discover the 7 easy steps from debt taxes and worry to a stress free financial future in 37 1/2 days or less guaranteed!" click here for a 20 page free report and dvd http://www.savemonthly.com
For more information click here
Relationship Marketing: A Brief Overview
Copyright (c) 2008 Christian Fea
The relationship marketing strategy developed from the direct response marketing campaigns popular in the 60's, 70's and 80's. These campaigns emphasized the importance of customer retention and continued customer satisfaction, rather than an emphasis on individual transactions, and per-case customer resolution.
What is Relationship Marketing?
Relationship marketing is a type of strategic marketing that targets it's audience with more direct information on the specific products and services a customer may have interest in. It differs from other forms of marketing in that it seeks to retain customers by building relationships with them, rather than a direct or intrusive strategy, which focuses on acquisition of new clients by targeting majority demographics, based upon prospective client lists purchased from third party sources.
As traditional marketing took off in the 60's and 70's, companies found it more difficult to sell consumer products. The original model had developed into a system, which focused on selling relatively low-value products in mass quantities to a higher volume of consumers. Since the beginning of modern day marketing platforms, many methods have been developed in an attempt to broaden its scope. Relationship marketing grew out of this era, and is one example of an attempt to expand the reach and applicability of marketing.
Simply put, relationship marketing focuses on targeting the relationship of company to customer. If you have an existing customer base, it makes sense to learn what these customers like about your products and services and how you as a company can improve on this. If you build on the good relationships you already have with your customers, and create customer loyalty, this is more valuable than putting energy towards always attempting to gain new business.
Defensive Marketing vs. Offensive Marketing
Relationship marketing can be understood in simple football-like terms of offensive and defensive approaches. "Defensive" marketing and "offensive" marketing are terms that were coined by C. Fornell and B. Wernerfelt in 1987.
Defensive marketing describes attempts to reduce customer turnover, increase customer loyalty and retain the customer base already in place, by keeping them happy with your service, and interested in your products. In contrast, offensive marketing seeks to obtain new customers and increase purchase frequency. Defensive marketing focuses on reducing, or better managing customer dissatisfaction, while offensive marketing focuses on "liberating" dissatisfied customers from competitors and moving them into the offensive marketer's customer base essentially getting customers to switch teams.
Customer & Consumer Relationships
Relationship marketing is a key collaborative strategy to retain customers. It is essentially an offshoot of customer and consumer relationship management. The theory is this; attracting new customers is more costly, yet less profitable than developing existing client loyalty. By developing and promoting your existing client base through research and an understanding, you will create a loyal client base for years to come, with less expense and higher returns. Building lasting relationships with the clients you already have is a recipe for long-term marketing success.
------
Christian Fea is CEO of Synertegic, Inc. A Joint Venture Marketing firm. He exemplifies how to profit from Joint Venture relationships by creating profit centers with minimal risk and maximum profitability. Join his JV Wealth e-zine at http://www.christianfea.com/joint-venture-wealth-report/?a=3
For more information click here
The relationship marketing strategy developed from the direct response marketing campaigns popular in the 60's, 70's and 80's. These campaigns emphasized the importance of customer retention and continued customer satisfaction, rather than an emphasis on individual transactions, and per-case customer resolution.
What is Relationship Marketing?
Relationship marketing is a type of strategic marketing that targets it's audience with more direct information on the specific products and services a customer may have interest in. It differs from other forms of marketing in that it seeks to retain customers by building relationships with them, rather than a direct or intrusive strategy, which focuses on acquisition of new clients by targeting majority demographics, based upon prospective client lists purchased from third party sources.
As traditional marketing took off in the 60's and 70's, companies found it more difficult to sell consumer products. The original model had developed into a system, which focused on selling relatively low-value products in mass quantities to a higher volume of consumers. Since the beginning of modern day marketing platforms, many methods have been developed in an attempt to broaden its scope. Relationship marketing grew out of this era, and is one example of an attempt to expand the reach and applicability of marketing.
Simply put, relationship marketing focuses on targeting the relationship of company to customer. If you have an existing customer base, it makes sense to learn what these customers like about your products and services and how you as a company can improve on this. If you build on the good relationships you already have with your customers, and create customer loyalty, this is more valuable than putting energy towards always attempting to gain new business.
Defensive Marketing vs. Offensive Marketing
Relationship marketing can be understood in simple football-like terms of offensive and defensive approaches. "Defensive" marketing and "offensive" marketing are terms that were coined by C. Fornell and B. Wernerfelt in 1987.
Defensive marketing describes attempts to reduce customer turnover, increase customer loyalty and retain the customer base already in place, by keeping them happy with your service, and interested in your products. In contrast, offensive marketing seeks to obtain new customers and increase purchase frequency. Defensive marketing focuses on reducing, or better managing customer dissatisfaction, while offensive marketing focuses on "liberating" dissatisfied customers from competitors and moving them into the offensive marketer's customer base essentially getting customers to switch teams.
Customer & Consumer Relationships
Relationship marketing is a key collaborative strategy to retain customers. It is essentially an offshoot of customer and consumer relationship management. The theory is this; attracting new customers is more costly, yet less profitable than developing existing client loyalty. By developing and promoting your existing client base through research and an understanding, you will create a loyal client base for years to come, with less expense and higher returns. Building lasting relationships with the clients you already have is a recipe for long-term marketing success.
------
Christian Fea is CEO of Synertegic, Inc. A Joint Venture Marketing firm. He exemplifies how to profit from Joint Venture relationships by creating profit centers with minimal risk and maximum profitability. Join his JV Wealth e-zine at http://www.christianfea.com/joint-venture-wealth-report/?a=3
For more information click here
How a Lien and a Lien Holder Affect Your Auto Insurance Policy
There are all sorts of complications that arise when buying car insurance for yourself. The presence of a second party definitely complicates matters further. A lot of people who have a lien against their car feel overwhelmed, like they can't make their own decisions about their car insurance, or that they're not truly responsible for what happens to their car because they don't "own it."
To help dispel these rumors, in this article we're going to discuss a little bit about the ins and outs of holders, and how they affect your policy. The first place to start is with a definition: what is a lien, and what is a holder? A lien is a claim on property (in this case, your car) as security for the payment of a debt. That means if you can't pay your debt, whoever has placed the lien (the holder) can take your car away.
A lien can be placed on your car either by choice, or by force. By choice is when you're leasing a car, or when you're borrowing money. You are voluntarily making an agreement with someone else, agreeing to pay that person, and using your car as a promise that you will pay. You understand that if you don't pay, the holder can come in and reclaim your car. A lien placed on a car by force is usually the result of the government - particularly the IRS. If you owe the government money, they will often place liens on your home or car until you pay your back taxes. Depending on the state rules, that lien can be collected whenever you try and sell your car, or the car itself can be forcibly taken after a period of time.
It's worth noting that if your car sells for $5,000 and your lien is valued at $2,000, you only get $3,000 from the sale of the car. Your holder gets paid first. If the car sells for $5,000 and the lien is valued at $6,000, then you get nothing from the sale of your car, and you still owe the lien holder $1,000.
So how does this affect your insurance? It makes you take into consideration the needs of your lien holder, who owns the title to your car. In cases of voluntary liens, such as leasing, you are required to purchase as much insurance as your lien holder wants. This can often include above and beyond standard damage and collision coverage. This is done as a way to keep you from getting out of a lien if your car is totaled. Sometimes, auto insurance companies have special names for these additional policies: Loss Payee Clauses, or Lien holder Clauses
A good thing to keep in mind: if you get into a minor accident, the lien holder has no responsibility - you are still required to pay the whole deductible.
------
George Jackson comes from an insurance family and he loves cars. Combining those two means he gets to do what he enjoys when helping others with auto insurance on line. Learn how to secure your valuable vehicles and control expenses by going to: http://thecarinsuranceblog.org/
For more information click here
To help dispel these rumors, in this article we're going to discuss a little bit about the ins and outs of holders, and how they affect your policy. The first place to start is with a definition: what is a lien, and what is a holder? A lien is a claim on property (in this case, your car) as security for the payment of a debt. That means if you can't pay your debt, whoever has placed the lien (the holder) can take your car away.
A lien can be placed on your car either by choice, or by force. By choice is when you're leasing a car, or when you're borrowing money. You are voluntarily making an agreement with someone else, agreeing to pay that person, and using your car as a promise that you will pay. You understand that if you don't pay, the holder can come in and reclaim your car. A lien placed on a car by force is usually the result of the government - particularly the IRS. If you owe the government money, they will often place liens on your home or car until you pay your back taxes. Depending on the state rules, that lien can be collected whenever you try and sell your car, or the car itself can be forcibly taken after a period of time.
It's worth noting that if your car sells for $5,000 and your lien is valued at $2,000, you only get $3,000 from the sale of the car. Your holder gets paid first. If the car sells for $5,000 and the lien is valued at $6,000, then you get nothing from the sale of your car, and you still owe the lien holder $1,000.
So how does this affect your insurance? It makes you take into consideration the needs of your lien holder, who owns the title to your car. In cases of voluntary liens, such as leasing, you are required to purchase as much insurance as your lien holder wants. This can often include above and beyond standard damage and collision coverage. This is done as a way to keep you from getting out of a lien if your car is totaled. Sometimes, auto insurance companies have special names for these additional policies: Loss Payee Clauses, or Lien holder Clauses
A good thing to keep in mind: if you get into a minor accident, the lien holder has no responsibility - you are still required to pay the whole deductible.
------
George Jackson comes from an insurance family and he loves cars. Combining those two means he gets to do what he enjoys when helping others with auto insurance on line. Learn how to secure your valuable vehicles and control expenses by going to: http://thecarinsuranceblog.org/
For more information click here
Debt credit card: the effects and solutions
Copyright (c) 2008 Billy Alvaro
Today everyone is concerned about credit card debt, but in most cases they have no idea how to do something. In fact, for most people once they get into debt, have no idea how to get out again. In fact, for most people, it is much easier to borrow more, it is out of it, especially with credit cards. Of all of the debt in our society, the credit card debt is the leading cause of bankruptcy and plans for debt management.
The effects
How do I start? Unfortunately banks play an important role in credit card debt than many consumers are carriers. With low interest rates lucrative offers that expire after one year no annual fee for cards that have rewards of any circular links free miles cash, holders of these cards in a pressure to be able to enjoy a hurry offer many bonuses. The bond offering is the beginning of what would culminate in a financial disaster. Unfortunately, many of these offers are for new young high school graduates, students and recent university graduates who are not yet emotional maturity to understand the importance of having good credit, or even how to deal a credit card. With this lack of knowledge on the principles of credit cards is a future of financial chaos.
Unfortunately, many people do not realize the effects of credit card debt too until they are in so deep they do not see a way out. For many, the classic signs of having too much credit card debt of just being able to afford to make minimum payments are not highlighted as a problem. Only some time after the actual effects of the credit card debt excessive begin to materialize late payments, inability to pay even the minimum payments, credit lines or more lines of credit established and loan from the card to pay another credit card. Sometimes serious credit card debt apply for another loan with an upper limit and lower interest rates with the original intention of getting rid of the other cards and use the new card. Some may even take a consolidation loan and the balances are paid in credit cards, start using them again instead of getting rid of them. For some, the reality does not hit home until the Bill collectors are knocking at the door, judgments are made, and his attempt to borrow only to discover that your credit is severely damaged, you can even borrow some hundreds of dollars to buy some furniture.
The solution
Once you have put into serious financial problems with their credit cards, the next step is to design a plan to eliminate debt and get back on their feet. There are several plans that can be used depending on the severity of damage. Here are some solutions from one program to a debtor who has made the least damage and ending with the most severe cases.
* If you are one of the lucky ones who make the financial issues before it is completely out of hand, it is much easier to solve the problem. One of the easiest ways to pay your credit card debt if still in a credit card taken out relatively manageable with the lowest balance or highest interest rate if all balances are close in value and add some additional funds each month. Even if it's only $ 15.10, slightly above the minimum payment will reduce the balance faster. How then, if you pay an additional $ 15.10 per month? Here's how: when you pay off your credit card before you leave, all the money you paid into it, adding that the minimum payment on the balance or second card interest rates. In other words, if you had to pay a total of $ 50 per month on a credit card when you pay in full, add the same $ 50 to your payment by credit card 2. Continue this process until all your credit cards are paid in full and to refrain from the use of other than an extreme emergency (car or an appliance is not working, medical bills, medicines for disease), and is used in any If you are in the process of payment in full. If you have more than two cards, get rid of except those used exclusively for business.
* Another release, you can use a consolidation loan. Of course, in most cases you will need to own real estate to get a consolidation loan. This will give you a longer period and lower interest rates, but be careful if you use your home as collateral. When you have paid in full cards, cut or blocked until you repay the consolidation loan. Some people make the mistake of doing a debt consolidation loan, only to start using the cards and create again the same financial position that just evolved.
* Some card issuers have a program where low interest rates and payments, but if you have multiple cards, this program may not work well for you. If you miss a payment, the program becomes null and void, and will be back to where he was.
* Debt consolidation involves working with a management company debt in order to develop a payment schedule. They will work with your card issuer for a lower interest rate, and sometimes the removal of total interest rate, so that you can make a payment to the manager of the debt that will distribute payments its corporate credit card.
For those who have waited too long to do something about your situation, bankruptcy may be the only answer. It's a step you want to avoid as much as possible, so that unless there are extenuating circumstances, to recognize the extent of their financial situation before it's too late to work with your creditors .
------
Economic Advisor "Discover the 7 steps of the tax debt and worry of financial stress in the 37 1 / 2 days or less guaranteed the future!" Click here for a free 20-page report and DVD
For more information click here
Today everyone is concerned about credit card debt, but in most cases they have no idea how to do something. In fact, for most people once they get into debt, have no idea how to get out again. In fact, for most people, it is much easier to borrow more, it is out of it, especially with credit cards. Of all of the debt in our society, the credit card debt is the leading cause of bankruptcy and plans for debt management.
The effects
How do I start? Unfortunately banks play an important role in credit card debt than many consumers are carriers. With low interest rates lucrative offers that expire after one year no annual fee for cards that have rewards of any circular links free miles cash, holders of these cards in a pressure to be able to enjoy a hurry offer many bonuses. The bond offering is the beginning of what would culminate in a financial disaster. Unfortunately, many of these offers are for new young high school graduates, students and recent university graduates who are not yet emotional maturity to understand the importance of having good credit, or even how to deal a credit card. With this lack of knowledge on the principles of credit cards is a future of financial chaos.
Unfortunately, many people do not realize the effects of credit card debt too until they are in so deep they do not see a way out. For many, the classic signs of having too much credit card debt of just being able to afford to make minimum payments are not highlighted as a problem. Only some time after the actual effects of the credit card debt excessive begin to materialize late payments, inability to pay even the minimum payments, credit lines or more lines of credit established and loan from the card to pay another credit card. Sometimes serious credit card debt apply for another loan with an upper limit and lower interest rates with the original intention of getting rid of the other cards and use the new card. Some may even take a consolidation loan and the balances are paid in credit cards, start using them again instead of getting rid of them. For some, the reality does not hit home until the Bill collectors are knocking at the door, judgments are made, and his attempt to borrow only to discover that your credit is severely damaged, you can even borrow some hundreds of dollars to buy some furniture.
The solution
Once you have put into serious financial problems with their credit cards, the next step is to design a plan to eliminate debt and get back on their feet. There are several plans that can be used depending on the severity of damage. Here are some solutions from one program to a debtor who has made the least damage and ending with the most severe cases.
* If you are one of the lucky ones who make the financial issues before it is completely out of hand, it is much easier to solve the problem. One of the easiest ways to pay your credit card debt if still in a credit card taken out relatively manageable with the lowest balance or highest interest rate if all balances are close in value and add some additional funds each month. Even if it's only $ 15.10, slightly above the minimum payment will reduce the balance faster. How then, if you pay an additional $ 15.10 per month? Here's how: when you pay off your credit card before you leave, all the money you paid into it, adding that the minimum payment on the balance or second card interest rates. In other words, if you had to pay a total of $ 50 per month on a credit card when you pay in full, add the same $ 50 to your payment by credit card 2. Continue this process until all your credit cards are paid in full and to refrain from the use of other than an extreme emergency (car or an appliance is not working, medical bills, medicines for disease), and is used in any If you are in the process of payment in full. If you have more than two cards, get rid of except those used exclusively for business.
* Another release, you can use a consolidation loan. Of course, in most cases you will need to own real estate to get a consolidation loan. This will give you a longer period and lower interest rates, but be careful if you use your home as collateral. When you have paid in full cards, cut or blocked until you repay the consolidation loan. Some people make the mistake of doing a debt consolidation loan, only to start using the cards and create again the same financial position that just evolved.
* Some card issuers have a program where low interest rates and payments, but if you have multiple cards, this program may not work well for you. If you miss a payment, the program becomes null and void, and will be back to where he was.
* Debt consolidation involves working with a management company debt in order to develop a payment schedule. They will work with your card issuer for a lower interest rate, and sometimes the removal of total interest rate, so that you can make a payment to the manager of the debt that will distribute payments its corporate credit card.
For those who have waited too long to do something about your situation, bankruptcy may be the only answer. It's a step you want to avoid as much as possible, so that unless there are extenuating circumstances, to recognize the extent of their financial situation before it's too late to work with your creditors .
------
Economic Advisor "Discover the 7 steps of the tax debt and worry of financial stress in the 37 1 / 2 days or less guaranteed the future!" Click here for a free 20-page report and DVD
For more information click here
Starting in emini futures trading - ES or YM or perhaps something else
Emini futures contracts have become a trading instrument of choice for many traders, especially day traders. The field that barely existed only 10 years ago is now booming with new traders joining the older ones every day. With many brokers, their numbers growing as well, dedicated primarily to serving this class of traders, this trend is likely to continue.
Emini, interchangeably called e-mini, futures are smaller contracts of more established pit-traded futures. Their smaller size means that their margins are smaller too, which obviously appeals to many retail traders, folks who can spend only a few thousands or so dollars for this business. This is what the mini aspect of these contracts is about. Moreover, unlike their grown-up brethren, e-mini futures have always been traded electronically, which is what "e" in their name stands for. Because of that, they can be relatively easy to trade over the Internet.
A decade or so ago, there was basically only one emini futures contract that one could consider for trading. It was ES, the emini futures contract for Standard&Poor 500. The pit contract for this futures market has been around for much longer and had been well established by then, probably better than a futures contract for any other US stock index market. It was this popularity of the pit contract that made many traders consider its emini version. That's how the trading volume of ES started to grow and today is the biggest among the futures for US stock index markets.
Many new emini traders start their careers with this contract convinced that its dominant volume will help them in trading.
But is it really the best emini futures contract to launch your trading career with? Are there other emini contracts that can be more appropriate for the beginner to this field?
The answer to the first question is: that depends. Before I will elaborate on it, let me first tackle the second question in greater detail.
There are quite a few other emini futures contracts among US stock index futures that attract some attention among day traders. One of such contracts is the emini contract for the Dow Industrials futures, whose symbol is YM. Its ticks are smaller, only $5 per tick, compared to $12.5 for ES. There are also contracts such as NQ or TF, both of which have smaller ticks than ES.
It is because of this smaller tick size that YM can be a better trading vehicle for new traders. The smaller the size the finer your entry can be, which in turn means that you are more likely to squeeze out profits, at least tickwise, not necessarily dollarwise. This and the fact that fills seem to be better, easier to get, than in a very competitive ES, are the main reasons why YM can be a better choice for the first emini market to try your luck in. The same is pretty much true about TF, the emini futures for the Russell 2000 index. It too can be used as your first emini futures contract, its tick size of $10 being only a bit smaller than that of ES, but with pretty good fills, nevertheless.
On the other hand, ES is more dynamic than YM, so you may find out that squeezing out only 3 ES ticks ($37.5) is easier than 5 YM ticks ($25) and for this reason ES can be better than YM, although hardly better than TF.
To summarize, while ES is still the most popular contract among emini futures traders, including the beginners, which guarantees good smooth trading due to the dominant trading volume of this market, it also makes sense to start your emini trading with YM or TF.
For more information click here
Emini, interchangeably called e-mini, futures are smaller contracts of more established pit-traded futures. Their smaller size means that their margins are smaller too, which obviously appeals to many retail traders, folks who can spend only a few thousands or so dollars for this business. This is what the mini aspect of these contracts is about. Moreover, unlike their grown-up brethren, e-mini futures have always been traded electronically, which is what "e" in their name stands for. Because of that, they can be relatively easy to trade over the Internet.
A decade or so ago, there was basically only one emini futures contract that one could consider for trading. It was ES, the emini futures contract for Standard&Poor 500. The pit contract for this futures market has been around for much longer and had been well established by then, probably better than a futures contract for any other US stock index market. It was this popularity of the pit contract that made many traders consider its emini version. That's how the trading volume of ES started to grow and today is the biggest among the futures for US stock index markets.
Many new emini traders start their careers with this contract convinced that its dominant volume will help them in trading.
But is it really the best emini futures contract to launch your trading career with? Are there other emini contracts that can be more appropriate for the beginner to this field?
The answer to the first question is: that depends. Before I will elaborate on it, let me first tackle the second question in greater detail.
There are quite a few other emini futures contracts among US stock index futures that attract some attention among day traders. One of such contracts is the emini contract for the Dow Industrials futures, whose symbol is YM. Its ticks are smaller, only $5 per tick, compared to $12.5 for ES. There are also contracts such as NQ or TF, both of which have smaller ticks than ES.
It is because of this smaller tick size that YM can be a better trading vehicle for new traders. The smaller the size the finer your entry can be, which in turn means that you are more likely to squeeze out profits, at least tickwise, not necessarily dollarwise. This and the fact that fills seem to be better, easier to get, than in a very competitive ES, are the main reasons why YM can be a better choice for the first emini market to try your luck in. The same is pretty much true about TF, the emini futures for the Russell 2000 index. It too can be used as your first emini futures contract, its tick size of $10 being only a bit smaller than that of ES, but with pretty good fills, nevertheless.
On the other hand, ES is more dynamic than YM, so you may find out that squeezing out only 3 ES ticks ($37.5) is easier than 5 YM ticks ($25) and for this reason ES can be better than YM, although hardly better than TF.
To summarize, while ES is still the most popular contract among emini futures traders, including the beginners, which guarantees good smooth trading due to the dominant trading volume of this market, it also makes sense to start your emini trading with YM or TF.
For more information click here
Starting Basic Accounts Bookkeeping Saves Self Assessment Tax
The financial benefits of preparing basic accounts bookkeeping records and producing the self assessment tax return can be overlooked. Starting bookkeeping at home is an option for anyone self employed and is important as the self assessment tax paid each year is typically the highest financial outgoing. Bookkeeping home accounts is worth the effort and does not require a high level of technical accounting or tax knowledge.
Sole Trader Basic Accounts Bookkeeping
Sole trader basic accounts require the simplest form of bookkeeping. Sole trader basic accounts bookkeeping require little more than retaining supporting documents of sales income and expenses and creating two lists of financial transactions. Producing the basic accounts in the format of an income and expenditure statement is sufficient to complete the self assessment tax forms.
An income and expenditure statement is the total sales made during the financial year with the expenses listed by type of expense and deducted to leave the balance as the net taxable profit or loss.
Starting Bookkeeping Home Accounts
The first stage in starting bookkeeping is to collect together all documentary records of receipts or sales received. Review the documents and if incomplete use other sources of third party evidence such as bank statements and deposits t achieve an accurate total.
Stage two to producing the home accounts is a similar process of collecting together the supporting evidence of purchases made and expenses incurred. Again if incomplete examine other potential sources of evidence such as bank and credit card accounts.
Bookkeeping home accounts is just that, keeping books at home which is the home accounts. Bookkeeping is a function that many self employed business people can benefit from financially.
Basic Accounts Bookkeeping Can Save Accountant Fees
A significant proportion of a bookkeepers fee or the accountant fees for small business is the sorting of receipts and listing them in order, in effect doing the basic accounts bookkeeping. Accountant fees are better spent on financial advice and tax matters than producing the basic accounts themselves.
The basic bookkeeping task of sorting the sales and purchases documents can produce real savings in the accountant fees. Most accountancy firms would actually prefer to receive their client records in a basic accounts presentation to enable the accountant provides a higher level of accountancy services.
Save Self Assessment Tax by Understanding Basic Accounts
When a sole trader adopts a positive attitude in preparing the bookkeeping basic accounts other benefits accrue. Preparing the basic accounts increases the perception of profitability and may encourage the small business owner to prepare the bookkeeping more often. By being aware of profitability financial problems may be noticed earlier and low profits will stimulate the competitive nature of sole traders and self employed businesses to improve the financial performance.
The self assessment tax liability for self employed people is a major annual issue. Understanding the basic accounts will pose tax questions in regard to capital allowances which need to be claimed in the self assessment tax return. The increase in tax knowledge should maximise tax allowance claims thereby reducing the self assessment tax liability.
------
DIY Accounting incorporate tax software in the tax accounting software producing basic self assessment tax returns for self employed business which include an income and expenditure account in the sole trader basic accounts
For more information click here
Sole Trader Basic Accounts Bookkeeping
Sole trader basic accounts require the simplest form of bookkeeping. Sole trader basic accounts bookkeeping require little more than retaining supporting documents of sales income and expenses and creating two lists of financial transactions. Producing the basic accounts in the format of an income and expenditure statement is sufficient to complete the self assessment tax forms.
An income and expenditure statement is the total sales made during the financial year with the expenses listed by type of expense and deducted to leave the balance as the net taxable profit or loss.
Starting Bookkeeping Home Accounts
The first stage in starting bookkeeping is to collect together all documentary records of receipts or sales received. Review the documents and if incomplete use other sources of third party evidence such as bank statements and deposits t achieve an accurate total.
Stage two to producing the home accounts is a similar process of collecting together the supporting evidence of purchases made and expenses incurred. Again if incomplete examine other potential sources of evidence such as bank and credit card accounts.
Bookkeeping home accounts is just that, keeping books at home which is the home accounts. Bookkeeping is a function that many self employed business people can benefit from financially.
Basic Accounts Bookkeeping Can Save Accountant Fees
A significant proportion of a bookkeepers fee or the accountant fees for small business is the sorting of receipts and listing them in order, in effect doing the basic accounts bookkeeping. Accountant fees are better spent on financial advice and tax matters than producing the basic accounts themselves.
The basic bookkeeping task of sorting the sales and purchases documents can produce real savings in the accountant fees. Most accountancy firms would actually prefer to receive their client records in a basic accounts presentation to enable the accountant provides a higher level of accountancy services.
Save Self Assessment Tax by Understanding Basic Accounts
When a sole trader adopts a positive attitude in preparing the bookkeeping basic accounts other benefits accrue. Preparing the basic accounts increases the perception of profitability and may encourage the small business owner to prepare the bookkeeping more often. By being aware of profitability financial problems may be noticed earlier and low profits will stimulate the competitive nature of sole traders and self employed businesses to improve the financial performance.
The self assessment tax liability for self employed people is a major annual issue. Understanding the basic accounts will pose tax questions in regard to capital allowances which need to be claimed in the self assessment tax return. The increase in tax knowledge should maximise tax allowance claims thereby reducing the self assessment tax liability.
------
DIY Accounting incorporate tax software in the tax accounting software producing basic self assessment tax returns for self employed business which include an income and expenditure account in the sole trader basic accounts
For more information click here
kelly price
Forex Price Movement - Common Myths Traders Believe Which Cause Losses
If you want to win at Forex trading, you need to know how and why prices move and while this may sound obvious, most traders simply believe common myths, base their trading on them and lose all their money.
Most losing traders believe one or all of the... Read >
Forex Courses - Learn Proven Strategies Risk Free and Make a Triple Digit Income
If you want to win at Forex trading, you need to learn skills, becuase 95% of all traders lose money but the good news is - with the right education and a willingness to learn, anyone can become a successful Forex trader from home and a good Forex course,... Read >
Forex Trading Signal - A FREE One That Makes Big Gains You Can Use Right Now!
If you want a free Forex trading signal which is simple, works and will continue to work, you will find one enclosed in this article with the exact equation it's based upon; so you can take it and use it, for big Forex profits right now.
The trading s... Read >
Currency Trading Method - The Best Strategy to Use For Triple Digit Gains Quickly!
Here we will outline a simple currency trading method which makes big gains and will get you in on all the best trends and profits. Most traders don't use this strategy but don't let that worry you, most traders lose - let's look at our proven method for ... Read >
Forex Trading Success - The Key Elements For Success You Must Understand to Win
If you want to win when 95% of currency traders lose then you need to pay attention to the points in article; anyone can learn to win at Forex trading, so lets look at the key elements of Forex trading success.
The first point to keep in mind is curre... Read >
Become a Successful Currency Trader From Home - 3 Simple Steps to Forex Success
If you want to become a successful currency trader from home you can, because currency trading is a learned skill and anyone prepared to put a week or two of effort in, can be on the way to a great second income. Here we look at 3 simple steps, to help yo... Read >
Forex Secrets of Success - The Single Forex Fact Which Will Give You the Secret of Success!
There are lots of people telling you secrets of Forex trading success online but the secret of success is not, what these vendors of Forex robots and predictive systems tell you. The real Forex secret of success is revealed by simply knowing and understan... Read >
Forex Trading Method - A Powerful Method the Pros Use That Makes Big Profits!
If you are looking for a simple method which is easy to understand and always makes big profits then the method enclosed is for you. If you use it, you will be in good company, as many of the world's top traders base their strategies on it, let's look at ... Read >
Forex Trading - How To Catch the Mega Trends For Huge Profits!
If you look at a Forex chart, you will see big trends that last for many weeks or sometimes longer and if you can lock into them you can make huge profits but how do you do it and make big gains? Let's find out.
If you look at a currency chart you wil... Read >
Forex Trading Courses - Your Shortcut to Trading Like a Pro
A good Forex course will put you on the road to Forex trading success by, giving you the skills you need to win and cutting your learning curve at the same time. Let's look at how to find the best.
More and more traders are finding out that automated ... Read >
Forex Trading Mistakes - 6 Key Mistakes Losers Make That Cause Losses
There are many Forex trading mistakes and in this article, we will outline 6 common ones which see traders lose. You must avoid these mistakes if you want to enjoy long term currency trading success, so lets take a look at them.
These mistakes are in ... Read >
Currency Trading Courses - Learn Skills That Last a Lifetime Risk Free
More traders are turning away from get rich quick automated software programs, as its obvious in a market where 95% of traders lose that you don't get rich with no effort, by spending a few hundred dollars and turning to Forex courses to learn skills.
... Read >
Forex Trading Myths - The 3 Biggest Myths Traders Believe Which See Them Lose!
Enclosed you will find the 3 biggest myths which traders believe which are guaranteed to lose you money. Believe any of them and you will lose to so lets take a look at them.
Before we look at the myths let's make an obvious point which is 95% of all ... Read >
Forex Trading System - A Simple System All Traders Can Use For Huge Gains
The Forex trading system enclosed is easy to learn and will always work and its a great way for novice or pro traders to make huge gains in just 30 minutes per day, lets take a look at it.
Here are two things you can see on any Forex chart:
1. Mark... Read >
Free Forex Trading Signal - A Free Signal You Can Make Forex Profits With Right Now!
Enclosed you will find a free Forex trading signal which has made traders big profits for over 25 years and will continue to make profits. This signal is easy to understand and can be applied in 15 minutes a day or less so let's take a look at it.
Whe... Read >
Timothy Stevens
Forex Options Trading - How the News Can Help You With Your Forex Trading
Major news releases could be a strong driving force and has direct effect on forex trading. This is the main reason why news trading is turning to be a prevalent trading technique in the forex market. In fact, some news result to currency pairs to move up... Read >
Forex Options Trading - Making a Career Out of Being Sentimental
That is what you actually do when you gauge the sentiment of the market in order to help you with your forex trading. It is more aptly termed as sentimental analysis. Sentimental analysis simply put is knowing how the market is, whether it is bearish or b... Read >
Forex Options Trading - What Do You Benefit From Forex Technical Analysis?
It is common knowledge that trading in the foreign exchange market is not all peaches and cream. This is serious business where you can earn serious money; on the other hand it is easier to lose money. In fact, more than 90% of traders today experience lo... Read >
Forex Options Trading - Forex Beginners: Watch Your Emotions
You have had a taste of foreign currency when you went out last summer for your vacation. You bought the local currency using your own currencies. Yes, there was currency trading but you didn't make money out of the exchange. You get a taste of the foreig... Read >
Forex Options Trading - Money Management Principles in Currency Trading
In trading a currency, you can only profit if you are aware of the two sides of a coin. Don't expect that you will always choose the right currency. Sometimes, even when facts lead you to choose particular currency, the currency still didn't perform as yo... Read >
Forex Options Trading - Top 2 Reasons Why Money Management is Important in Forex Trading
Money management in Forex trading is a vital ingredient for success. It is a main elment in protecting you from losing your capital. Only two kinds of people walks out of Forex Trading: those who profits having a smile on their face and those who loses su... Read >
Forex Options Trading - The Truths About Forex For Beginners
Everyone who is new at the foreign exchange trading should be very careful about how he manages and controls his money in terms of investing it. The forex market may be the most lucrative one in the world but there are only some who would make it big. The... Read >
Forex Options Trading - The Big Tips For the Forex Beginner
So many people are trying their best in making it to the successful roster of foreign exchange traders. The promises of significant increase in income through forex are quite tempting. But, for a beginner, the huge forex market is a place that he can easi... Read >
Forex - What You Can Learn From Horse Racing That Can Teach You About Forex Money Management?
Only two things can turn out on betting in a horse race, you either win money or lose money. In a given day, there will be horse races within a day. If you have $100 dollars, you are given the choice to bet all the $100 on a single race or you can divide ... Read >
Forex Options Trading - Win With Forex Technical Analysis
Millions of people are currently involved in the business of trading foreign currencies; this is called the foreign exchange market. This financial market is considered as the world's largest market; wherever currency is used this market is present. This ... Read >
Forex Options Trading - Timing Your Forex Trades
To become a successful trader in the foreign exchange market or better known as the forex market, you have to learn to time your trades properly to get the best result out of each trade. But this is where most traders would disagree. A proper system to ti... Read >
Forex Options Trading - Individuals Should Go For Forex Demo Accounts First
If you were new in the forex market, you surely would have already heard about how large it is in the financial world. Trillions of dollars are being traded everyday for 24 hours, 5 days a week. That makes foreign exchange trading the most liquid type of ... Read >
Forex Options Trading - How Not to Lose All Your Money in Currency Trading?
Losing in currency trading is not impossible and has a probable chance of happening. In any investment decision you make, there is the chance of losing and gaining money. Don't make the mistake that all your choices will end up gaining you profits. The ch... Read >
Forex Options Trading - How Different is the Forex Market?
The largest market in the world is also the most liquid. The foreign exchange market is such a tempting business to get into that so many people attempt but fail. This market represents the international currency market where people from all over the worl... Read >
Forex Options Trading - How to Control Your Emotions in Forex With Money Management Principles?
You're sure that you'll gain money. You even tried playing mock games in Forex trading. You know everything there is to know in finding the right currency. Hold your horses for just a minute. Don't just dive yet in the real thing. Your emotions might caus... Read >
Thomas Eliot
Forex Executor Review: The Simple Pros and Cons
Forex Executor is a forex signal service membership program developed by Victor Harrisson and Richard Chandler that uses both computer and human interaction. In simple terms, the program participant chooses a pre-defined trading style � based around the c... Read >
7 Minute Muscle Review - Is Seven Minutes Really Enough?
Some readers were understandably skeptical when Jon Benson first introduced his 7 Minute Muscle training program onto the market. Though lifting weights has long been known as a fat burning exercise in the battle of weight loss, as far as muscle building ... Read >
Fit Over 40 Review - You Don't Have To Be Over the Hill
As we age, it's easy to become complacent about our health and fitness. After all, we're conditioned to think that the aging process brings on a slower metabolism and hence the inevitability of a slow physical decline until the body stops functioning alto... Read >
7 Minute Muscle Review: Is This Program Misleading?
Build muscle in seven minutes? Is this guy crazy, or what? A seven minute workout is going to add muscle mass to your body? Who's he kidding, anyway?
The premise that Jon Benson used for his workout product 7 Minute Muscle is that you can build muscle... Read >
Fit Over 40 Review: Learn From Those Who Have Been There
Maintaining your health and fitness as you begin to age can be a daunting task. Our age kind of creeps up on us, and one day we wake up and realize, "Hey, I'm fifty years old and I fell terrible. Nobody ever told me I was going to feel this bad." It's at ... Read >
Turbulence Training Review - A Look at the Pros and Cons
If you're reading this review, then you must already be familiar with Craig Ballantyne's Turbulence Training (TT) system for fat loss and maintaining muscle. In this article, we're going to examine some of the pros and cons of this training system in orde... Read >
Turbulence Training Review: Gain Muscle, Burn Fat
While some people may be interested in learning about how Craig Ballantyne's Turbulence Training program will help them become fit, this review takes the approach to this training from the standpoint of weight loss. Many times weight loss information prod... Read >
Fat Loss For Idiots Review - Can You Really Lose Nine Pounds in Eleven Days?
There's a no-stress diet plan in the market which claims that you can lose nine (9) pounds in eleven (11) days without strenuous exercise. Fat Loss For Idiots is a diet and weight loss plan for people who are apprehensive about extreme dieting programs. I... Read >
Fat Loss For Idiots Review: Does This Diet Make Sense?
Fat Loss For Idiots is a diet and weight loss program designed for people who don't want to have to think about what to do in order to lose weight and who want to approach this problem from the standpoint of dieting only (meaning without having to add str... Read >
21 Day Fat Loss Jumpstart Review - Did The Creator of This Plan Fail?
Years ago author Ken Kesey wrote a book (that eventually became a movie) titled Sometimes A Great Notion. That's how the 21 Day Fat Loss Jumpstart weight loss program strikes most people who have tried it. It sounds good in theory, but will it really work... Read >
21 Day Fat Loss Jumpstart Review - Does It Live Up to Its Billing?
It's interesting that, doing a Google web search, you won't find a variety of articles listed about this program. And that the one's you do find are mostly written by one person. Whenever such a situation arises you can usually bet that there's a very goo... Read >
Xtreme Fat Loss Diet - A Candid Review of This Weight Loss Plan
Don't be misled by any of the hype surrounding Joel Marion's latest addition to the weight loss world. His program -- Xtreme Fat Loss Diet -- is not for everyone. People are better off viewing this plan as an excessive attack on losing weight and not as a... Read >
Fat Loss Revealed Weight Loss Plan -- An Honest Review
If you're in the market to find a program to get rid of belly fat, slim your hips and thighs, or lose those muffin top love handles, you probably wouldn't mind working with someone who has been involved in training a wide range of athletes, from professio... Read >
Fat Loss Revealed -- A Review of Will Brink's Weight Loss Plan
Any weight loss program is only as good as the person implementing it. Which means that a person has to be committed and actually following through with the program to realize any positive results. One weight loss plan that is especially designed to help ... Read >
A Weight Loss Program That Works � 31 Day Fat Loss Cure
Have you tried programs like Weight Watchers, Nutrisystem, or Jenny Craig only to have little success losing and keeping off the extra pounds you'd like to shed? If so, you may be interested to know that dieting alone for weight loss never works for very ... Read >
For more information click here
Starting Basic Accounts Bookkeeping Saves Self Assessment Tax
The financial benefits of preparing basic accounts bookkeeping records and producing the self assessment tax return can be overlooked. Starting bookkeeping at home is an option for anyone self employed and is important as the self assessment tax paid each year is typically the highest financial outgoing. Bookkeeping home accounts is worth the effort and does not require a high level of technical accounting or tax knowledge.
Sole Trader Basic Accounts Bookkeeping
Sole trader basic accounts require the simplest form of bookkeeping. Sole trader basic accounts bookkeeping require little more than retaining supporting documents of sales income and expenses and creating two lists of financial transactions. Producing the basic accounts in the format of an income and expenditure statement is sufficient to complete the self assessment tax forms.
An income and expenditure statement is the total sales made during the financial year with the expenses listed by type of expense and deducted to leave the balance as the net taxable profit or loss.
Starting Bookkeeping Home Accounts
The first stage in starting bookkeeping is to collect together all documentary records of receipts or sales received. Review the documents and if incomplete use other sources of third party evidence such as bank statements and deposits t achieve an accurate total.
Stage two to producing the home accounts is a similar process of collecting together the supporting evidence of purchases made and expenses incurred. Again if incomplete examine other potential sources of evidence such as bank and credit card accounts.
Bookkeeping home accounts is just that, keeping books at home which is the home accounts. Bookkeeping is a function that many self employed business people can benefit from financially.
Basic Accounts Bookkeeping Can Save Accountant Fees
A significant proportion of a bookkeepers fee or the accountant fees for small business is the sorting of receipts and listing them in order, in effect doing the basic accounts bookkeeping. Accountant fees are better spent on financial advice and tax matters than producing the basic accounts themselves.
The basic bookkeeping task of sorting the sales and purchases documents can produce real savings in the accountant fees. Most accountancy firms would actually prefer to receive their client records in a basic accounts presentation to enable the accountant provides a higher level of accountancy services.
Save Self Assessment Tax by Understanding Basic Accounts
When a sole trader adopts a positive attitude in preparing the bookkeeping basic accounts other benefits accrue. Preparing the basic accounts increases the perception of profitability and may encourage the small business owner to prepare the bookkeeping more often. By being aware of profitability financial problems may be noticed earlier and low profits will stimulate the competitive nature of sole traders and self employed businesses to improve the financial performance.
The self assessment tax liability for self employed people is a major annual issue. Understanding the basic accounts will pose tax questions in regard to capital allowances which need to be claimed in the self assessment tax return. The increase in tax knowledge should maximise tax allowance claims thereby reducing the self assessment tax liability.
------
DIY Accounting incorporate tax software in the tax accounting software producing basic self assessment tax returns for self employed business which include an income and expenditure account in the sole trader basic accounts
For more information click here
Sole Trader Basic Accounts Bookkeeping
Sole trader basic accounts require the simplest form of bookkeeping. Sole trader basic accounts bookkeeping require little more than retaining supporting documents of sales income and expenses and creating two lists of financial transactions. Producing the basic accounts in the format of an income and expenditure statement is sufficient to complete the self assessment tax forms.
An income and expenditure statement is the total sales made during the financial year with the expenses listed by type of expense and deducted to leave the balance as the net taxable profit or loss.
Starting Bookkeeping Home Accounts
The first stage in starting bookkeeping is to collect together all documentary records of receipts or sales received. Review the documents and if incomplete use other sources of third party evidence such as bank statements and deposits t achieve an accurate total.
Stage two to producing the home accounts is a similar process of collecting together the supporting evidence of purchases made and expenses incurred. Again if incomplete examine other potential sources of evidence such as bank and credit card accounts.
Bookkeeping home accounts is just that, keeping books at home which is the home accounts. Bookkeeping is a function that many self employed business people can benefit from financially.
Basic Accounts Bookkeeping Can Save Accountant Fees
A significant proportion of a bookkeepers fee or the accountant fees for small business is the sorting of receipts and listing them in order, in effect doing the basic accounts bookkeeping. Accountant fees are better spent on financial advice and tax matters than producing the basic accounts themselves.
The basic bookkeeping task of sorting the sales and purchases documents can produce real savings in the accountant fees. Most accountancy firms would actually prefer to receive their client records in a basic accounts presentation to enable the accountant provides a higher level of accountancy services.
Save Self Assessment Tax by Understanding Basic Accounts
When a sole trader adopts a positive attitude in preparing the bookkeeping basic accounts other benefits accrue. Preparing the basic accounts increases the perception of profitability and may encourage the small business owner to prepare the bookkeeping more often. By being aware of profitability financial problems may be noticed earlier and low profits will stimulate the competitive nature of sole traders and self employed businesses to improve the financial performance.
The self assessment tax liability for self employed people is a major annual issue. Understanding the basic accounts will pose tax questions in regard to capital allowances which need to be claimed in the self assessment tax return. The increase in tax knowledge should maximise tax allowance claims thereby reducing the self assessment tax liability.
------
DIY Accounting incorporate tax software in the tax accounting software producing basic self assessment tax returns for self employed business which include an income and expenditure account in the sole trader basic accounts
For more information click here
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