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Is Investing In Gold A Good Idea: Facts You Don’t Know

is investing in gold a good idea

If you have money to invest, is investing in gold a good idea?

Such question and other similar queries are just proper for anyone who is in the process of making a choice where to put one’s money in.Actually there are so many types of investment available. Investing in gold or  silver, and later to sell it is just one of your many options.

Before one further pursues this question, you must know certain basic facts about gold investment:

1.     Gold is the most popular form of investment among precious metals

Gold is part of men’s history since the dawn of civilization and will continue to play a vital part in the present time and in the future.The allure and appeal of this yellow metal to man’s mind and imagination is beyond dispute.

Just like silver and platinum, gold is a precious metal which has a high demand throughout the world. As such, gold has high economic values. A number of people invest their money in gold as a strategy to preserve and maintain capital during hard economic times.

Some people reason out that in case an economy collapsed, the value of money will be worthless. In this scenario, you could trade in gold as a substitute for money.

Investment in gold serves as a hedge or protection against political, social and economic uncertainty or instability. The prices of gold tend to go up in the event of political or economic turmoil especially when the inflation is high.

2.     Investment in gold is a high-risk investment

High-risk investment is a kind of investment that carries with it a high potential risk or risk of loss in return for large profit or gains. While it is true that you can earn huge amount of profits from gold, there is always the tendency of losing some or all of your financial investment.If you are really contemplating investing money in gold then you must be in a position to afford losing your investment funds in view of the risk.

3.     The market for gold is subject to speculation

Just like in any other type of high-risk investment, gold is always subject to speculation like in futures contracts and derivatives.Future contract is an agreement between two parties to buy or sell a particular commodity of definite quality and quantity based on the price today, the delivery and payment of which is to be made at a specific future date. This simply reflects the expectation and intentions between the buyers who hopes that the price will be going to increase, while the seller hopes that the price will go down in the future.

is investing in gold a good idea

4.     The price of gold is subject to supply and demand

The price of gold is always subject to market fluctuations based on the supply and demand side of the market.  If you are planning to invest in gold, or buy and sell gold, you must constantly monitor any development in the market especially the price movement of gold and must be decisive and quick to make any decision to insure profits and avoid losses on the basis of gold market indicators.

5.     Gold does not earn interest or dividends

Unlike money in the banks or stocks of a company, gold itself as a form of investment does not earn any interest or dividends. The intrinsic value of gold depends upon factors outside of itself which is the appreciation or depreciation of its prices. Thus, it appears that it will always have this speculative element.

To be a wise investor in gold and to find the right answer to the question “is investing in gold a good idea” – you must have an informed judgmentOne way of doing this is to weigh and consider the facts presented here. Your sound judgment in the light of the basic facts is good as gold.

Things You Don’t Know About Forex Trading Computers

Forex Trading or Foreign Exchange Trading is one of the forms of business ventures you might consider placing your money. But have you ever heard of the word forex trading computers?

forex trading computers

It is not about selling your computers in a foreign exchange floor. I’m sure there are many things you don’t know about forex trading computers and what a forex trading guide is, if it is your first time to venture out in such undertakings.

What are Forex Trading Computers?

It is simply a specialized type of computer system solely built to cater to your requirements and needs in the forex market trading–laptops, multiple monitor arrays and memory bundles.It’s all about high performance PC.You need to have the right tools and equipment to make your pursuit in forex trading more professional, more efficient, more effective and more economical.

Surely a forex trading computer will enhance the way you do things in your office. Even if you are full-time or part time in the forex trading business, you cannot afford not to have a more accurate forex trading guide which a forex trading computer can do.

Based on the nature of the forex trading, you are the ultimate judge and arbiter if you’re going to trade on any trading day or not. But when you decided to do so, you must be properly equipped with the right tools that would give you a cutting edge and leverage over other traders not using forex trading computers.

If you intend to succeed in this trade, then needless to say, you need to have an office and the kind of computers and everything connected with it which is suited for this purpose.

forex trading computers

Importance of Forex Trading Computers

Data are needed for immediate decision making concerning the trends going on in the forex trading on any given day. You cannot afford to miss a single data crucial to your investment decision-making process: whether to buy or to sell or to hold or retain currencies.

Forex trading is both fluid and volatile. Once the trading session opens on a given day until it the session close, you must be actively monitoring each and every trend and development in your forex trading computer.

What you’re going to be monitoring through your forex trading computers is a market – where there are active players of buyers and sellers engage in investment decision every now and then; where the timeliness of your decision determines your profits or loss.

As an investor in the forex trade, you speak and express yourself through your forex trading computers. It is a good business strategy to have at least two or three monitors so that you can keep on tract with your trade and for you to view at once all the pertinent data such as the history charts.

In a business such as forex trading, forex trading computers are fast and more efficient with regards to data processing and complex mathematical computation than the average human mind. However, when it comes to decision-making it is you with the human mind and brain power that has the final say.

Forex trading computers are your means to an end – sound, wise and better investment decision making process to maximize your earnings.

Best Forex Trading Strategies for First Timers

Forex, or foreign exchange market and sometimes called the FX or currency market, deals with the global movement of currencies. The participants in these trading processes are typically the big banks. This is open 24 hours for every single weekday of the week. Traders deal with the different currencies in the different parts of the world using the best Forex trading strategies.

best forex trading strategies

On a larger scale, Forex operates on different layers. From the bigger financial institutions dealings goes through the dealers that proactively trades foreign exchange. These dealers can be smaller bank institutions or they can be insurance firms or other types of financial company.

As for business owners, foreign exchange works as a safety net for business owners. This process is done through locking in a fixed rate until the trading of commodities is done after a few days. This is to allow both companies very minimal loss, just in case.

How is it possible that people are now able to trade currencies?

It was mentioned earlier that Forex usually involved bigger banks and financial institutions. Then how come people who do not own a bank are able to participate in Forex? This was made possible because of the internet. Platforms were created so that people from the different parts of the world can have access to the data regarding foreign exchange. This opened an avenue for retail Forex trading.

The Major Players in Forex

When compared to stocks, where stocks have an endless list of products and brands, Forex traders usually only follow the major currencies that usually affect the world market as their forex trading guide. These are as follows:

  • United States
  • Canada
  • Australia
  • New Zealand
  • Switzerland
  • United Kingdom
  • Germany
  • France
  • Spain
  • Italy
  • Japan

Some of the Market Concepts

There are several approaches to trading, whether it is in Forex or stocks. The best forex trading strategies depend on your goal and what your goal is and how comfortable you are with a certain approach. It is best, however, to get more information about these different approaches so you can choose whichever suits you best.

In addition, keep in mind that in foreign exchange trading, you are selling a currency to purchase another currency. So say for example, you have a Japanese Yen in your portfolio and you want to purchase US dollar currency. You will need to take some or all of your Japanese Yen, in exchange to US dollars. And when you change your mind and you want to buy back the Japanese Yen because you see a good and better potential, you will have to use your US dollars to buy the Japanese Yen. With that being said, a forex trading will have to include two currencies because you make your earnings from the differences in the value between two currencies.

Another approach traders do which is typically recommended for new traders in forex  is leveraging the returns. When done properly it doubles up your investment after a certain period of time. For example if there was an investment of $5,000 with 100,000 shares for USD/JPY and you got a yield of 7.5%, a foreseen 10:1 leverage would yield to a total of $3,760 every year. An amount that is a lot higher versus putting your $5,000 in a bank which is expected to earn a total of $250 a year.

With the best forex trading strategies shared with you, are you ready to start trading today?

Investing In Copper Pennies: More Cons Than Pros?

investing in copper pennies

Coin collectors are known to be very sentimental and even invest in copper pennies. But a lot of people wonder whether saving up on cents is a good idea. There are those who swear by copper pennies as the better alternative to gold or silver investing. While there are those (and they number in the majority) who think that pennies are just a waste of time. Is investing in copper pennies a good investment or not?

Let’s see both sides of the debate. You can make up your own mind whether the value of pennies as an investment is a penny-wise move, or a dollar-foolish one.

PROS

1.      The Copper in Copper Pennies is worth more than a cent

As of this writing, the melt price for scrap copper is around $3.24. A typical copper penny weighs around 3.11 grams. Let’s do some math here to come up with an amount. To get a pound of copper from copper pennies, you need approximately 146 copper pennies. Calculate how much a hundred and forty six pennies cost: $1.46.

The math should be proof enough for you. Get enough copper pennies, melt them, and then sell them by the pound. You get a 45% profit from this application (but take into consideration how much it costs melting metal).

2.      Copper Pennies have considerable value as collectors’ items

Coin collectors are willing to pay hundreds of dollars for a penny that’s rare. There are several pennies that never saw circulation and these are the coins that coin collectors will pay an arm and leg for.

investing in copper pennies

CONS

1.      You need a lot of coins

If you did the math above then you can certainly calculate how many coins it will take you to come up with a profit of, let’s say, $100. Ok, we know you hate math so we’re doing it for you: You need at least 4,507 pennies to earn a hundred bucks. Where can you find pennies that many?

2.      Some Pennies are Not even Copper

Pennies minted after 1982 are made of zinc. As you all know, zinc costs less than copper. They are also lighter than their copper counterparts. You’ll definitely need more and more zinc pennies to eke out a good profit.

3.     Melting coins are illegal

At least those that are currently in circulation. Make sure you check on your pennies before even considering melting them.

4.     Melting can be expensive

You need to find a good metal smith to do the job right. And these guys can charge you a pretty penny (pun intended). You can do it yourself, but we will warn you in advance that it can be difficult and dangerous.

There you go: the pros and the cons. Always remember that there are two sides to a coin, copper pennies included. Investing in copper pennies can be a fun hobby, especially if you’re out to collect the rare ones. But if you plan on melting the metal to sell then you need quite a lot of them to turn in a profit. A lot of people will argue that it’s just not worth the effort.

 

The Truth About How Forex Works

Have you heard about this great opportunity online that allows people to earn lots of money while at the comforts of their home? Thissounds pretty easy to start, as long as, you have some amount to start with. Besides, if this random guy was able to become successful in Forex trading, why can’t you? But, before jumping in, you definitely will want to know how Forex works. It just makes sense to understand at least the basic of things before you start investing.

How Forex Works

How do People Earn in Forex?

Back in the days, before the dawn of the internet, Forex is simply just changing your currency to the local currency of the country you are visiting and that’s about it, whereas nowadays, Forex could mean two things for different people. One, something to stay away from because it is difficult, or two, something that will make you instantly rich! The truth is, what most people think about Forex is just 10% true. One of the truths includes Forex as a form of trading. People earn in this trading by understanding the forex trading signals.

The earnings in Forex lie between the trader’s ability to foresee how a certain currency is going to behave against another. Although, there are different approaches about knowing how to trade currency, two of the most common ones are day trading and leveraging.

In day trading, investors do not leave anything in the portfolio overnight. Although the investment is a little high for the profit to matter, this could potentially provide a great return especially if the trader was lucky enough to invest in a good pair.

With leveraging, however, there is endless possibility even with a slightly smaller starting amount. But instead of selling a trade at the end of the day, traders tend to stick to the portfolio for a certain period of time. This puts a safety net in times when a currency dips a little lower than expected. In addition, with the way that is designed, traders are advised to hold their emotions together and not get carried away too much. For example, the power of an investment that can be doubled or tripled could result to a bigger loss if not moderated properly.

Conclusion

In a lot of ways, Forex can be compared to the stock market but is also a distinct market in itself. Although, technically, it is not a traditional market, due to the fact that it does not have an actual store, the earnings in knowing how to trade currency are relatively good.

Those people who want to start their endeavor with foreign exchange investments however are advised to take extra effort to learn the market. Even though they have backgrounds in stock markets, people are advised to take this trading more seriously by actually learning how Forex works. This is for them to avoid huge losses and for them to also make a good decision when they start investing. In this way, they know what to expect and at least have an idea what to do next.

Economic Collapse ~ The US Dollar Has Just Lost The Reserve Status

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The US dollar is now in the process of collapsing. It will eventually lose the reserve status of the world. China has taken the first step to remove the US dollar as the reserve currency by broadcasting to the world that it does not see the benefit of holding the dollar any more. China decided to take it one step further by saying that they may price crude in the yuan. The central bankers/US Government are pushing the false flag event and are preparing for what is about to hit every American. This event will be much worse than 911, it will be so horrific that people will be crying in the streets.