When You Hire Someone You Must Make Sure You Have Rules Concerning Being On Time, Taking Time Off Unexpectedly, And Be Clear About Responsibilities Of The Job

Category: Finance.

When you own a small business and only employ a few people, it can be frustrating to be the boss and have to fill in when someone can not show up for work. This may not be the end of the world if it only happens occasionally, but your business will flounder and suffer if you are always required to pick up the slack because of the employees you hire.

You may have other business related matters to attend to, but end up having to run the counter for the day instead. Hiring employees might be something that is totally new to you if you have never done it before. It is a sad but true fact that when you employ relatives and friends, no one expects to be treated with favoritism more than they. A lot of times people who open a new small business of their own will be tempted to hire friends or relatives and sometimes this can work out alright, but sometimes it will just end up becoming a nightmare. They may not start out like that or be that way intentionally, but it will happen more often than you might be prepared to deal with. When you hire someone you must make sure you have rules concerning being on time, taking time off unexpectedly, and be clear about responsibilities of the job. You do not have to be a jerk to be a boss, but you are the boss.

You need to let them know the pay they will get, benefits they will have or not have, and when and if a pay raise will be forthcoming. Many business owners will hire teenagers for certain jobs because they may require less pay, but what they do not usually take into account is that teenagers are not always reliable. If you require total dependability, there are a few types of people you will need to steer clear of if possible. Not that it is the case with all of them, just some. They attend school and that obligation should come first, they like to date on the weekends, or they might decide they had rather work somewhere else since your job will probably not be a permanent position for them anyway. There are however things that are true with all of them usually. Then there are mothers with young children.

Not that you should not consider a mother with children, just be prepared to make allowances for her if necessary. They often need a job, maybe just part time, but they will have a responsibility at home if a child becomes ill and that will be their top priority, not your job. When you hire a man with a family to support, be sure you are able to pay him enough to make the job worth while or chances are he will take something better when it comes along out of necessity. .

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In This Article, You Will Find Basic Information About The RV Financing Process - Finance Blog:

Every RVer and even those considering being one must consider how they will finance their RVs.

Fact: Your Stop Is Not Visible To The Market Maker - Finance Articles:

I just finished a training session on the internet and I answered a question that I have answered 100 times before or more. I am going to attack one of the straw men of trading myths.

Day Trading On The Stock Market Can Be A Very Time- Consuming Activity

Category: Finance.

News of the stocks and their fluctuation are an everyday topic in the news.

The importance of stocks and the stock market is more than obvious, and many people see this market as an excellent opportunity to substantiate their profits. The stock market makes the news every time it reaches a new low or a new high. However, as with any other form of investment, the stock market requires certain sacrifices, so to speak. Some people go as far as saying that you literally become married to the stock market once you have entered the stock daytrading business. Day trading on the stock market can be a very time- consuming activity. Furthermore, there s a little gambling involved in this type of day trading, which means that stocks day trading can result in considerable profits, as well as considerable losses. Furthermore, it is equally important not to make trades based on unfounded rumors about companies and their shares.

The volatility of the stock market, with many ups and downs in the same say, makes it very important for those participating in stocks day trading to pay close attention to all the shares and their evolution during that day. Any company reports that are not confirmed should not be taken into account. Any person who wishes to trade stocks has the opportunity to use a series of day trading tools, which make it quite easy to learn stock daytrading secrets and maximize profits. When it comes to maximizing their earnings, each trader employs his or her strategies, which are more or less effective depending on skill level. But even so, the traditional form of stock market daytrading can be very time consuming, and the majority of successful traders have literally devoted their lives to it. Moreover, automated daytrading is now possible by means of a stock trading robot.

While it is not compulsory that stock market daytrading be done with computers, many stock traders make good use of all the benefits that derive from using a computer when participating in stock day trading. A day trading robot is a relatively new concept, like any novelty, and, the first reaction of those directly involved in this field was suspicion regarding its capabilities and functionality. Not too long ago, having a machine to trade for you was just a beautiful dream. However, once the promises of such a stock daytrading robot have turned into reality, the concept was quickly embraced by those interested in maximizing their earnings in stock market daytrading. Nowadays, the daytrading robot is reality, entering and closing, and taking decisions positions, etc, managing your money. is considerably simplified with a day trading robot. However, we have witnessed, over recent years the development of more and more stock day trading robots, some more efficient than others.

As has been said before, automated trading systems are relatively new. Therefore, it is highly advisable that traders interested in trading robots make an informed choice. A stock daytrading robot can be a powerful profit- generating tool, provided you have solid knowledge of the market and make the right choice. Most developers claim that their product is unique, but you may find that their claims are not founded.

You Can Sell Home For Cash And Go On Living In It As A Tenant For Some Years

Category: Finance.

There are many circumstances that can lead to the unpleasant situation of finding yourself in a financial crunch. The diversity of options that you are presented with depends on how large the amount of money you owe is.

Whatever the causes may be, being in serious debt can t be good for your peace of mind. Your friends and family should be the first to go to when you are in need of cash, but their liquidities might not be enough. However, if your financial situation is too desperate to be solved with the help of your family or of a financial institution, you don t have too many options left. Taking out a loan is yet another good option, but you have to consider interest rates. If for whatever reason you cannot take out a loan to cover your debts, your best option is to use the cash that is tied up in your property. Shortage of cash can occur at any time due to more or less predictable events in one s life. Everyone one knows that there are times when it s very hard to make ends meet.

You might not be able to pay your bills for a while, and debts will be piling up, you might go through unfortunate situations, such as divorce proceedings, you might not succeed in the world of business and find yourself in huge debt, and so on. Many homeowners dismiss this option, as they consider it to be too drastic, especially if they have been living in that same home for many years with their families. Any of these situations can be a real ordeal for you and your family, and your only option to come out of it might be to sell home for cash. However, there are times when your financial situation is so desperate that memories and things you used to treasure don t count for much anymore. You can sell home for cash and go on living in it as a tenant for some years. If you find yourself in such a desperate situation, you should know that everything will turn out just fine, provided you make the right choices. Once you are back on track with your finances, you can buy your home back from the investor.

Well, you have to, once again weigh your options carefully. There are many firms and investors who can help you in such times of need. "What happens when I need to sell my house fast? " you ll probably ask next. If I want to sell my home and time is not a pressing matter, my options are varied. Or, I could try to sell my house myself, without the help of any agency or firm. The first thing that comes to my mind is a real estate agency. But you know as well as I do that property sale is a complex process that can take a lot of time, even with the help of a real estate agency.

In conclusion, whatever your circumstances may be, getting hold of the cash tied up in your property is the best solution when you are faced with an urgent or precarious situation. Therefore, if I need to sell my house fast for cash, my best option is to find investors to deal with directly, with no third parties involved. If you decide to sell home for cash and do so quickly, give no second thought to selling it yourself or looking for a real estate agency to complete the sale process for you. There are investors and firms devoted to the quick sale cause, and the benefits on your part include more than just getting a hold of the necessary cash.

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The Time To Start Planning For Retirement Is Now - Finance:

More than 60 million women work in the United States, yet less than half participate in a retirement plan. On average, a women retiring at age 65, will live another 20 years or more!

Formulating A Credit Score Can Vary From One Country To Another - Finance Articles:

Your credit score is one of the most important decision- making factors that lenders use when they are considering you for a loan.

One More Swell Advice On Internet Business Opportunities Can Be To Start Publishing Writings - Donna Sheeley about Finance:

Now this piece of writing will focus on how to find a niche that is underutilized which you may well use to your vantage and create your business on.

These Loans Combine All Of Your Existing Debts Into A Single Loan

Category: Finance.

You do not need to risk collateral in order to get an unsecured consolidation loan.

Unsecured consolidation loans are perfect for people who do not want to risk their assets as with secured consolidation loans. That is why there is always such a market for them. As with other consolidation options, unsecured consolidation loans can get you started on the road out of debt. These loans have higher interest rates than secured loans, but the interest is still lower than the interest on your current loans. These loans combine all of your existing debts into a single loan. Unsecured loans, as is implied by their name, are not secured by collateral like a home or car.

Instead the two main criteria are that the borrower have both a good credit rating and a strong employment history, which helps the lender determine your ability to repay the loan. In order to get an unsecured consolidation loan, it is not even necessary to own valuable property. The minimal requirements necessary to obtain these loans are the positive aspect of them. Despite the difference in interest rates, most people opt for the unsecured loans because they do not require risking valuable assets like a home or car. The negative aspect is the fact that they have higher interest than secured loans. If you have a good credit history, it is best to apply for a consolidation loan before missing payments on existing loans or entering into default on them so that your credit will be good enough for you to qualify.

These two things show a lender that you will be able to repay any credit extended to you. Your ability to repay your unsecured consolidation loan will be determined by both your past employment history and your current employment status. There are a great deal of lenders on the market today. Each loan provider will take a different amount of time determining your eligibility for an unsecured loan. Despite this fact, it is almost impossible to get an unsecured consolidation loan without both a good credit rating and a strong employment history. Some lenders can provide you with an instant decision, while others will want to do a little bit of research before making a determination.

Two red flags that usually result in application rejection are loans that are in default status and a history of missed loan payments. Knowledge of your own credit report, will help you, however assess quickly whether or not you will likely be approved. Because credit reports are not always fully accurate and can often report negative items, it is wise to check your report after each loan you pay off to ensure that it has been removed. If you are under a large amount of debt, you can still qualify for an unsecured consolidation loan. By doing this, you increase your ability to prove that you are worthy of credit when being considered for a loan. Keep your credit report handy and have some proof of your employment status and history to show that you are eligible and able to repay and you can be on te road to financial independence.

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The Borrower Must Be A U - Finance:

In course of life we often face hard times when unwarranted and unexpected expenses suddenly sprout up which are never being budgeted for. To help us in such situations various financial institutions are offering pay day loans within minutes.

Hopefully These Two Different Methods Of Creating Online Enterprise Advertising Might Help You Out - Jackie Schock's Finance blog:

Right through my sets of writings we have looked at scores of separate ways how a person may well create on line enterprise ideas. Inside this commentary today we are planning to see whatsoever you may possibly do inside developing online business marketing that will sell your product.

About Small Cap Voice - Finance Blog:

To listen to the audio interview featuring small cap company Zippi Networks( OTC Pink Sheets: ZPNW) with interviewee Robert A. Zippi� Networks, Inc. (publicly traded: ZPNW.

How Do You Define A Bail Bond Or A Bail Bond Agency

Category: Finance.

How do you define a bail bond or a bail bond agency?

When you are arrested, the court of law sets an amount of money to secure your release from prison. In simple words, it is your ticket to get out of jail. The bail amount is set high purposely so that you will appear for your hearings and court dates. If you have a friend or relative who can post the bail money and get you out then you are fortunate. In case you miss out on them, the bail money will be forfeited. If not, then you might need to hire the services of a bail bonds agency. You can use almost anything of equal or higher value as collateral.

A bail bonds agency will take some collateral from you and then pay the bail amount. It can be a vehicle or a home. You then need to appear for the court hearings and ensure that you meet the bail agent at least once a week. What happens next? If you have other plans and flee, then the collateral will be seized. Bail bonds are a great opportunity for anyone to get out of jail within as less as 48 hours.

The entire system works on just one word, trust. They can then resume their lives or even work towards preparing a strong defense. Finding one. A bail bond can be written within 24 hours and the defendant can be released from jail within another 24 hours. Although the court can direct you to a bail bondsman, you can also use the internet to find the best bail bonds agent. For more information on bail bonds visit: http: //www. bailbondservices. com

There are several bail bonds agencies that have set up shop online and can be called upon 24xSo no matter when you need it, you will have a bail bond agent ready at your beck and call.

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Several Loans Can Be Merged Into One Single Loan By Debt Consolidation Which Will Reduce Your Overall Rate Of Interest And Therefore The Number Of Monthly Payments - Finance:

Several loans can be merged into one single loan by debt consolidation which will reduce your overall rate of interest and therefore the number of monthly payments.

Some Companies Will Expire Your Points After A Certain Amount Of Time - Finance Blog:

Credit card rewards are bonuses that you receive as you use your card.

Unsecured Loans Can Be Taken Out For Many Reasons - Maura Daffin's Finance blog:

An unsecured personal loan is a loan that has no collateral attached to it and because of this there is usually a limit on how much you can borrow.

In This Example, The Investor Has A$ 1 Million CD

Category: Finance.

Most consumers are aware of the current problems that some financial institutions are experiencing.

Currently, the maximum allowed is$ 100, 000 per account. This has caused some concern for large investors, those with CD investments over the maximum amount that is covered by the Federal Deposit Insurance Corporation. The simple answer to this problem is to spread your certificate of deposit money into various accounts at various institutions with each account not exceeding the limit. However, keeping money in several locations can cause bookkeeping problems. This is completely legal and many investors are doing just that. There is another way of doing this can be far easier.

Promontory Interfinancial Network is the company that provides this service. A somewhat new service, the Certificate of Deposit Account Registry Service, can do this, or CDARS work for you. It has been available for over five years and nearly 1, 800 banks and thrifts in all 50 states offer the service. Let s look at how this works. The service allows CD depositors with balances of up to$ 50 million to have their entire balances insured by the FDIC. In this example, the investor has a$ 1 million CD.

Once this is completed, the lead bank would then act as the account custodian and, through the CDARS program it would spread the deposit to over 11 FDIC- insured institutions, making sure that each has less than$ 100, 00 The lead bank would then give the investor a single account number along with a single account statement that details which institutions are securing the money. The investor would go a participating bank which is called the lead bank, and fill out an account application, along with a CDARS agreement. The investor would also get one 1099 statement for taxes, or other relevant tax statements for IRA accounts, thus making bookkeeping much easier. CD s are currently available for terms from four weeks to five years. In addition, the Bank of New York, a unit of Bank of New York Mellon, acts as the sub- custodian for the CD account, which means that the only place that has your personal information is the lead bank that you started with. Interest payments can be made monthly, semiannually, quarterly, annually or at maturity.

Instead, participating banks pay a fee to join CDARS, and pay transaction fees to Promontory Interfinancial depending on the amounts of the deposits. Investors using CDARS are not charged fees to open accounts. While this program offers investors many benefits, it also requires prudence on the part of the investor. The penalties vary. Just like most other certificates of deposit, there are penalties for early withdrawals. The most severe are for early withdrawals from CD s that have maturities of up to 26 weeks.

For longer- term CD s, early- withdrawal penalties are generally the interest for half the CD term but these may vary so investors should ask before withdrawing. For these, the penalty is the interest for the entire period of the CD. You can learn more about CDARS by visiting their website or talking with a participating bank or saving and loan institution.

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Finding Good Value Student Loans Can Be Essential In Funding Your Education - Marsha Dejong about Finance:

Finding good value student loans can be essential in funding your education. But where should you look to find a cost effective loan for the duration of your studies, and how can you be sure to find the best solution for you?

Reality Qualities Will You Bring To This Job - Imogene Effinger's Finance blog:

Although impending potential employers can be intimidating, keep in mind that they want the same things you do: a successful outcome. Reality qualities will you bring to this job?

Ningbo Is One Of The Largest Ports In China - Finance Articles:

This guide has been prepared by the Zetland Financial Group Limited and is intended for the information of clients or prospective clients. The information set out is not, nor is it intended to be, exhaustive.

You Might Have To Lower Your Expectations Slightly To Purchase A Home

Category: Finance.

Finding San Diego real estate is not difficult, but knowing what to next requires a little research and effort. Here are some tips to help first time home seekers purchase their first home successfully.

First time real estate buyers sometimes have the most trouble purchasing a home because of their inexperience. As a first time home buyer should spend at least the six months prior to purchasing a home getting your financial situation in order. Paying off collections and other debts to improve your chance at obtaining and affording a mortgage is also an important step to take as a first time home buyer. This means checking your credit report to make sure that there are no blemishes. It is important that you take a good look at your budget to determine how much you can comfortably afford to spend on a mortgage. Get pre- approved for a mortgage. It is not a good idea to stretch your money too far.

Once you have done the work to clean up your credit report and pay off your minor debts, as a first time real estate buyer, you should get pre- approved for a mortgage through a lender. With this pre- approval amount, you have a price range that you can use to shop for a home. When a lender pre- approves you for a mortgage, you are given an estimate of the amount of mortgage you will be approved for based on your credit history, and income, debt. Choose your agent carefully. Not only should you choose an agent that is reputable and experienced in the San Diego real estate market, you should also make sure that you feel comfortable communicating with the agent. The agent you choose will play a major role in the home shopping process.

It is helpful to work with an agent that has experience working with first time home buyers. After all, you will be working together for the next three to six months. You do not have to be best friends with your real estate agent but you do need to get along with this person. Narrow down your selection as you go. After several days of home searching you may find yourself with several houses to choose from. Many first time home buyers have difficulty making a decision about a home to purchase. This can make it difficult since you have probably forgotten many of the houses since visiting them.

As a matter of fact, it is a good idea to only have three houses in mind at any given time. You should narrow down your selection of houses as you go. Weeding out the houses will make the final decision much easier. Finding your dream house as a first time home buyer might be somewhat of a stretch, especially if you are limited by financial reasons. If you must settle when it comes to real estate, do so within reason. You might have to lower your expectations slightly to purchase a home.

Instead, make a decision to sacrifice some of the things you desire in a home that can be added later. That does not mean that you have to choose a house that you hate. Being a first time home buyer can be a rewarding process, especially if you have the knowledge you need to make an informed real estate decision.

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There Are Banks That Will Customize Business Credit Cards To Fit The Pattern Of Your Cash Flows - Finance Articles:

It may seem contradictory, but the use of business credit cards to pay everyday purchases of your business may actually help conserve cash or regulate cash outflows. The other benefit from good cash flow management is that it helps your maintain a surplus cash fund for your necessary capital investments for the future.

A CCJ Is A Serious Matter

Category: Finance.

A CCJ remortgage is a remortgage that is designed for someone with a County Court Judgment or CCJ.

This means they have a bad debt and it is reflected on their credit. A County Court Judgment is when a legal decision of monetary value has been handed down against a person. This can often be more damaging then a simple bad credit mark on a credit history. A remortgage is when a home owner gets a new loan to pay off their old home loan. However, there are lenders who specialize in CCJ remortgage. A home owner would do this to get a better interest rate which will save them money.

If the debtor does not honour the CCJ they will face possible problems with their home. A CCJ is a serious matter. The creditor can apply to get a lean put against the home. One good reason for a person to seek a CCJ remortgage is to help them be able to clear up the CCJ. If the debtor still doesnt pay the CCJ the creditor can seize the home for payment. The home owner could remortgage their home so they could have extra money every month, since the lower interest rate would mean lower monthly payments. Many lenders understand this situation and are offering to help out someone who has had a financial rough patch.

The extra money they are saving could go towards paying the CCJ. However, they may not be able to find an interest rate that is good enough. They may be stuck with their rate because it is the best they can get. This is especially true if the home was purchased when the home owner had excellent credit. A CCJ remortgage will usually involve a lot of work on the home owners part. This will likely be though roughly checked by the lender, since this is the main factor in deciding if they wish to extend the loan or not. They will have to prove their income and that they can afford the debt.

Not having a good source of income would be an immediate cause for alarm and would most likely equal a denial for the loan. A person who has a CCJ has been legally proven to not honour debts. CCJ remortgage lenders are really risking a lot. However, home loans are often a whole different area then other debts. If the home owner does not pay the debt then the lender simply gets to take possession of the home and sell it to get their money. That is because the loan is secured by the home.

Property goes up in value as it ages, so this makes, not down it the ideal collateral for a loan. This is why many lenders are not so cautious about CCJ remortgage loans. The lender is almost guaranteed to get what is owed to them. A CCJ is not something to take lightly. Not only will they have the chance to save money on their home purchase, but they will also be clearing up their credit record. If a person can secure a CCJ remortgage loan to help pay off their CCJ then that is a wonderful deal.

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Low Rates Are Attributed To Loans That Carry Very Low Risk And For Larger Amounts Of Money Over Longer Terms - Finance Articles:

Seems simple doesn t it?

Used Properly, A Home Equity Loan Can Help You Get Your Household Finances In Better Shape - Finance:

While home equity loans have been popular in recent years the question is, are they right for you and your situation? A home equity loan is a type of loan in which the borrower uses the equity in their home as collateral.

Also Note That The ACRX Cards Will Come To Your Organization Already Pre- Activated - Finance Blog:

Charles Myrick the President of American Consultants Rx announced the re- release of the American Consultants Rx community service project where over 20 million ACRX discount prescription cards were donated throughout the country.

Panama Constitution Provides The Highest Levels Of Banking And Corporate Privacy Laws In The World

Category: Finance.

But are you really safe? These same laws that were meant to protect us are now instead being used as a loophole by high power lawyers and government agencies to access your banking records, garnish money and freeze your assets.

In the last few years, laws such as the Patriot Act in the US have been approved that effectively take your rights to privacy and financial well being away. In fact, currently US banks automatically report to government agencies on the activities of their clients, including you. In the US alone you stand a 1 in 4 chance of being sued if your net worth exceeds$ 100, 00Not a lot of money! What s worse, your hard earned savings can now be legally garnished from your bank account by government agencies and creditors who may believe they have a claim against you. Can you sleep at night? The Patriot act has enabled the US to attack the privacy laws in the Bahamas, and the UK has even forced the Jersey Islands to fully disclose beneficial ownership information.

Many offshore tax havens are no longer safe either. Indeed there are very few places now with real asset protection. Panama constitution provides the highest levels of banking and corporate privacy laws in the world. However, the tax haven of Panama is one such place that still enjoys complete company formation privacy and asset protection. With Britain s proposed regulation for removal of bank and corporate book secrecy in the UK offshore territories, it is clear that Panama will remain one of the only secure offshore financial centers in terms of privacy and confidentiality that is not only respected, but vigorously protected by constitutional law. In fact, revealing banking information to third parties is a crime in Panama, punishable by imprisonment. Panama has no mutual legal assistance treaties for sharing of banking information with any other nation, and does not recognize court rulings from other countries.

There is no such thing as

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The President Of ACIRX Promised Not To Quit - Finance Articles:

Vision uncovering the pleas of community leaders pleading for help for their people.

These Four Credit Card Giants Are The Leaders - Finance Articles:

Before you get a credit card, you should compare what each credit card company or bank has to offer. You should also read the fine print to see if there are any hidden fees or other costs connected to the credit card offer.

Bankruptcy - Finance Articles:

Remember one of the most popular board games of the 80& rsquo.

At Support, The Stock Has A Motivation To Move Up

Category: Finance.

I am famous for getting up to$ 75 in a Bull Put Spread the day before expiration date! But yes it can and does happen if you use my secrets!

That is almost unheard of! Let me share with you my secrets and technique that I call CHICKEN BULL PUT SPREADS. What I love the best, is to do a BULL PUT SPREAD( BUPS) the day before expiration date. CHICKEN refers to doing a trade at the last minute, so your obligation is very short in time. If you want to do it sooner that is okay, just keep in mind the longer the play is open the greater the chance is unexpected stock movement could happen and ruin the trade. PUT means I am using put options.

This play is best with only a few days before expiration BULL means I am expecting the stock to go up. Remember PUTS gain value as the stock moves down, but I am expecting the stock to move up. I use the front month expiration date so that the obligation is very short. SPREAD refers to both buying and selling puts at the same time, and in this case it is a vertical spread where the expiration dates are the same( the strike prices are different) . The neat thing about bull put spreads is that if you are not qualified to sell naked puts you can get around the requirement by just adding an insurance policy so you are not naked. You are actually turning it into a vertical spread.

This will also drastically reduce the risk in the trade. What I mean by adding an insurance policy is that you buy a puts option in addition to selling a put option. To make this play more conservative( remember I am CHICKEN) is I will look for the support line of the stock. Most trading accounts are qualified to do spreads at a low level of option trading, so bottom line YOU CAN DO THIS! Once I know what the stock s support price is, I will then sell a put( short position) with a strike price below the support line price( slightly out of the money) . Here are some cheat notes: Find support on the stock you want to do a bull put spread on.

Then I will buy a put( long position) with a strike price lower than the puts I sold( further out of the money) . Figure out which put strike price is slightly below that support price. Figure out the next put strike price that is below the put you sold, this is the put option that you will buy- to- open( your long leg) . This is the put option you will sell- to- open( your short leg) . To avoid being naked for even a second, buy this put first( your long leg) , then sell the upper put strike next( your short leg) . A simple phone call to the firm should resolve the issue. Note: Sometimes your brokerage firm does not understand you are doing a spread and disallows it.

Once they realize you are wanting to do a vertical spread and marrying the put you sold to the put you bought they should be able to override the action in your account and allow it. Example Chicken Bull Put Spread. Some trading programs allow you to enter the trade in as a spread all at once so this does not ever become an issue. Here is an example of a BUPS I did on TASR three weeks before expiration date. I guess I would call it a bull- put- spread and not a chicken- bull- put- spread, but it is a real trade and it shows you the strike prices and support line to help you visualize what I mean when I tell you to look for support and the next two strikes down. This one is not so chicken, as I have three weeks to be in the trade.

FYI: I also wanted to catch some extra money the day before expiration and open a real chicken bull put spread but I missed it! Looking at the following chart you can see TASR found a real nice support above$ 2 View BetterTrades Chart. I was travelling and the market makers actually manipulated it a day earlier than I expected- two days before expiration date instead. It had a nice pull back and opened above$ 26 on July 27th and had the potential to head up a few more dollars. The closest put that is just below the$ 26 support line is the$ 25 strike price( this is the put to sell) , the next put below that one is the$ 250 strike price( this is the put to buy) . Keep in mind I want to do a put spread play, with a stock that is expected to move up, that is why TASR was the perfect candidate- it loves to run up when it is near support!

Based on support being around$ 26 after the bounce up, I decided to sell- to- open a$ 25 put( short position) and buy- to- open a$ 250 put( long position) " both with expirations for the month of August. Remember selling puts means you can get the stock put to you. Risk Considerations. In this case you are obligated to take stock at$ 25 per share if someone puts it to you. They will not want to exercise their right to sell the stock to you for$ 25 if they can get$ 26 or more at the market. However, if the stock stays above the$ 26 support line we drew, then there is a very little chance that you will be forced( obligated) to take the stock for$ 25 because they can sell it to the market for more. If the stock falls below$ 25 and you are put the stock your broker can do an automatic sell, when you are put the stock.

To avoid being naked on your calls, you will need to buy an insurance policy by buying- to- open a put that is one strike price lower than the strike price of the put you want to sell- to- open. If the stock is at$ 24 and you are put the stock for$ 25 you will have to buy the stock at$ 2In this case I brought in. 80 cents credit so I am only down. 20 cents( stock put to me for$ 25- .80 cent credit received= $22I could sell the stock for$ 24 which would result in a cost of. 20 cents) . In this case if you want to sell the$ 25 puts you would buy the$ 250 puts. Technically you are not naked if you sell- to- open puts first and buy- to- open puts before the market closes. To be safe, and to keep your broker happy: Buy- to- open the$ 250 puts first, then Sell- to- open the$ 25 puts second. However, some firms will get grumpy and fight with you and say you have a margin requirement for the few minutes you did not have your long put in place. However, make it easier on yourself and just buy the put first" then complete the spread by selling the other put after you are filled on the buy order.

Don t accept that, keep asking to talk to the next higher manager until the problem is resolved. Why Do the Spread Below the Support Line? If the price of the stock stays above the$ 26 support line you get to keep your profits( credit) on the spread and no further attention will be needed. At support, the stock has a motivation to move up. You just let both puts expire, and keep the money, with a big smile on your face. How Much Money Can I Earn? Actually you are safe if the stock stays above$ 25, because that is the strike price of the puts you sold.

In my case I sold$ 25 puts for$ 70 and bought the$ 250 puts for$ .90 which gave me a net credit of$ 80( $70- $90= $80) .* On 10 contracts that is$ 800, not bad! Note: there was actually a lot more money to take on this day, and a number of my students were able to get a much better credit spread than I could, as I had to teach and was not filled until later in the day, so I had to settle for net credit of only$ .80 cents. I did 20 contracts, so it was$ 1, 600By expiration date the stock closed way up and it was a done deal, and yes I had a smile on my face! How About Damage Control? To unwind a bull put spread, if the stock appears to be falling and looks like it could fall below the strike price of the put you sold- to- open( $25 put in this example) - you will need to buy back the puts you sold for a cost and then let the puts you bought make money for you as the stock falls! As an important side note, please do not ever do a bull- put- spread for real unless you know how to unwind one, just in case the trade goes wrong! Once the stock is done falling sell the second put( $250) for a profit and the trade is over.

What is your risk? Risk Consideration Part II. If you look at the trade, you are obligated to take stock for$ 25 if it is put to you but you can turn around and put it to someone else for$ 250 which gives you a net obligation of$ 50( the difference between the strike prices) minus the$ .80 credit you were paid, leaving your total risk$ 7Take your profit of. 80 and divide it by your risk of$ 70 and that is a 47% return for three weeks. Where Do I Go To Find CHICKEN BULL PUT SPREADS? Not bad! As I said, this TASR trade was not so chicken or as hot of a trade as normal.

Start looking for a sharp pull back going into expiration week, it seems to happen most the day before expiration date as the market makers start manipulating prices coming into expiration date. To search for the best CHICKEN BULL PUT SPREADS here is what I do: Make a list of high volatility stocks( technology has tons, Tasr, like EBay, Rimm) about one week before expiration date. When you see a quick pullback, look for the spread as it stops it s fall and just starts to move back up. Already have pre- written notes of support and the strike prices you will look at for the spread so you can quickly try to see if they have beefed up the option premium and it is profitable. It is usually quick, more of an intraday view, but that is where the money is. Do not try to take more than the natural spread, it usually runs up way to fast to try to get in the spread and get a better credit.

What To Expect. In the past, I have missed the play because it moved too fast( don t try to shave points in the spread) this late in the game. First, lots of practice, practice. Please do not attempt this technique until you have done plenty of successful practice trades. Actually PERFECT PRACTICE! You can actually go back in time and try this so you can have your practice trades done in a day or so. Bull- put- spreads can be such a sweet deal.

I am able to get old option prices in Optionsxpress. com under quote details and choose historical values. First you are cheering for the stock to goes up and if it falls you unwind the upper leg and profit on it falling! To be redundant: "of course all good things take perfect practice before using real money! " Happy Trading, Darlene with BetterTrades

What Is Day Trading

Category: Finance.

If you are interested in day trading you first need to know what it is all about and to understand the basics of day trading.

Please note: The tips presented in this article mainly applies to day trading. As of today, there are thousands of people who are doing quite well for themselves using day trading. But these concepts can also be used for options trading, day trading online and penny stock trading. Day traders typically hold stocks anywhere from only a few seconds to several hours but they never keep stocks overnight. What is Day Trading? Successful traders are patient and wait for a ride on the strong move which may occur only once a day.

Day trading is not for everybody, and anybody who wants to work as a day trader needs lots of skills and financial knowledge in order to succeed. But don t be fooled by all the glory of day trading. It is not technically even investing. It is serious business where you could lose everything within minutes because of wrong information. Day trading can be stressful and requires guts and a keen business sense. Here are some tips that will help you to succeed with day trading: Keep your expectations realistic. Is there any serious profession that you can learn without a mentor?

Get a mentor. Pretend, or paper trade for a little while, make sure you re earning profits consistently, and then you can start to think about using some of your real money- but only some! Observe good traders. Always trade with the trend. Characteristics of Successful Traders. Successful Day Trading typically requires skill, competence with those skills, and discipline as well as experience and knowledge of the markets.

If you want to succeed with day trading, then you should do exactly what the professional traders do: A winner realizes that he produces the emotions he experiences related to day trading and assumes responsibility to resolve deep- seated root causes for negative emotions that interfere with his trading business. Winners take positive action in spite of their fears. A successful trader knows that a" good" trade is made when you follow your trading plan to the letter regardless of a profit or loss result. Winning traders manage their fear while losers are controlled by it. Winning traders understand that winning in the markets means" cash flow" . There are two core skills in day trading: first the ability to anticipate the market( read the market) and second, having the discipline to execute your plan. In Conclusion.

You must execute the buy and sell signals with confidence- these signals will lead to trading success in the long run, as you rigidly adhere to your method. Trading is a numbers game. Buy low, follow trends, sell high, and protect your investments.

Payday Loan In 24 Hours

Category: Finance.

If you are in need of emergency cash but have bad credit rating or bankruptcy history, then you may want to consider getting a payday loan.

A payday loan company will not perform a credit check to approve your loan application. Many lenders in the UK provide bad credit payday loans that allow you to borrow cash up to 1000 or more in easy and convenient way. Your qualification for getting loan is primarily based on your ability to make a repayment. A payday loan is a form of cash advance in that you borrow cash and return it after your next payday. This can be verified by a pay stub from your employer and bank account. The loan term is generally between 14 and 21 days with the interest rate slightly higher than normal bank loans or credit cards. In addition to it, the process of getting a payday loan is very quick compared to any other conventional loans.

This is understandable since payday loans do not consider bad credit history and require no collateral as part of the loan qualifications. In many cases, you do not even have to make a trip to visit a payday loan shop. Payday Loan in 24 Hours. With the convenience of Internet you can apply for the loan online from the comfort of your bedroom. The approval process for getting the loan is very fast. You receive the money deposited directly into your nominated bank account.

Some payday loan lenders in the UK are able to process your application as quick as in 24 hours or less. This will mean you can pretty much resolve your financial emergency in the same day. Getting a payday loan can help you ease your mind while you are also sure that you can make the repayment on your next payday. Imagine if you have overdue bills to pay such as medical bill, utility bill, car repair, etc. Automatic Repayment. The payment will be setup and automatically deducted from your checking account on the due date.

You make a repayment for a payday loan in a single installment. You will want to make sure that the funds are available on your payday as there would be a fee if the debit is rejected from you account. Some lenders use different fee structure, much depend on their location. Even though getting a bad credit payday loan in the UK is very easy, you should always compare different rates from a number of lenders before making a loan decision. On top of that, make sure that you use the loan within the timeframe you agreed to avoid extended fees that would incur due to late payment. If, you are looking for a loan scheme, which will let you fulfil your numerous personal ends in a single package, then personal loans UK is highly preferred. Personal Loans UK- Financial Benefactor For You.

Borrowers can derive various advantages with the help of this loan, and it is affordable for all. Personal loans UK are highly recommended by financial experts and people when the question arises to borrow loans. The policies are committed to support financially the UK citizens in the easiest possible way. Depending upon various factors applicants are allowed to borrow amount between& #3587. 1, 000 and& #3587. 75, 000 to fulfil their materialistic demands. You can borrow the amount with or without pledging your collateral. The repayment duration of personal loans UK starts from 5- 25 years.

The collateral placed should have monetary value like land, estate, house, car and valuable documents. Personal loans UK carry suitable and affordable rate of interest because they are designed for persons from every financial community. Non- homeowners and tenants can also allocate funds to execute their ends. The rate of interest differs from one lender to another with discounts. In such instances, online serves to be very helpful. You can take this advantage and collect the quotes to avail an affordable rate according to your repayment ability.

The online also helps to approve the loans within seconds as they provide instant results when used. The benefits of this loan scheme are also allocated to the bad creditors with the same proposals and offers. Personal loans UK bring showers of relief to the bad credit holders of UK. Personal loans UK advance funds to bad creditors with which they can recover their hampered financial status. So, UK citizens with the financial support of personal loans UK can now easily realize their long waiting material ends. Buying a car, holidays, debt consolidation, higher education, decoration of house, weddings are some ends which can be easily fulfilled.

Key Man Insurance

Category: Finance.

If you have a business, then it is important to get the right level of insurance to protect your business interests. Here are some tips about how to get the right business insurance for your needs: Required by law.

Without the proper level of insurance your business could be in serious trouble if anything unexpected should happen. There are a number of types of insurance that businesses must have by law. This type of insurance protects you from any claims that your employees might make for accidents or sickness that they suffer whilst at work or as a result of work. The main type of insurance that is legally required is employers liability insurance. Some businesses are not legally required to have this insurance, but if you have insurance then it makes sense. Another insurance that is often required is motor insurance. If anything should happen to any employee you could be hit with a massive compensation bill if you are uninsured.

If your company has any vehicles then you are required to get at least third party insurance to cover any damage to property or other people. Although it costs more, it could save you a lot money in repair bills. It is usually advisable to get comprehensive insurance for your vehicles in case they are damaged or stolen. Liability insurance. This type of insurance will cover you in the event that anyone is injured by your product or hurt at your business premises. If you are selling products to the public or have a large number of non- employees using your business premises, then you should consider public liability insurance. The cost of this insurance will vary depending on what products you sell and the size of your premises.

If you have dedicated premises for your business, then you need to make sure that the building and its contents are insured. Building insurance. If you rent the building then the landlord should be insured for the property, but you need to make sure that the contents are fully insured. Key man insurance. If an accident should occur and you do not have adequate cover then you could lose money. A business relies on its key employees to make it successful, so you should think about insuring yourself and other top employees against health problems or accidents. If the type of work you are involved in has the potential for accidents to occur, then getting adequate insurance to cover this is important.

Getting health insurance for your main employees will not only make sure that they can get back to work as soon as possible, it will also give them a sense of belonging to the company. Obviously working on a building site is going to lead to higher premiums than sitting behind a desk. Reducing your premiums is a good way to save money for your business. Reducing your premiums. The best way to reduce the risk for the lender and so reduce the price of insurance is to make your business a safe and secure one. Using a broker. Make sure that security systems are up to date, and that health and safety procedures are adhered to.

The easiest way to obtain business insurance is by using an insurance broker who has expertise in your particular business area. They will be able to help you find the right insurer for your needs and get you a good deal.