Stock Trading Secrets

By Mike Swanson

Investing in the stock market is essentially for everyone who is interested in making extra money. An MBA is not necessary, and people from all backgrounds get start to invest. You just need to know some technical analysis basics. The world economy is not at its best, and getting advice from a professional advisor might be best.

When it comes to picking stocks, many different stocks exist. Another way to purchase stocks is through purchasing mutual funds. The advantage of buying mutual funds is that you can diversify your portfolio with many different stocks. These investments are professionally managed and watched constantly. With individual stocks, you would personally watch them.

To buy individual stocks, one way to purchase them is through the company directly. This can be expensive because of the fees they charge including trading fees. To avoid certain fees and taxes on dividends, a retirement account is more preferable.

Avoid buying your stocks from a commission-based brokerage firm. The reason why is that these firms may have conflicts of interest with the companies with whom they sell their stock. They may receive incentives for selling a companies stock.

It is best to not try to time the stock market because this is not possible. It is best to buy stocks when they are on sale or when the market is not looking as optimistic as usual.

The next advice is to diversify your portfolio. This means to pick stocks from many different companies from different types of businesses. You should at least once a year check returns on your investments. Calculate it after trading fees. To have a larger return be aware of all of the fees, costs, and taxes. Taxes can be reduced by investing in retirement accounts. - 23159

About the Author:

For more on the stock market subscribe to our freestock market for beginners weekly newsletter.

The Best Software You Can Use to Get Debt Free

By Sean Payne

If you're in debt, you've probably noticed that those who successfully get out of debt use some kind of debt free software. There's a good reason for this: It works!

A wise man will tell you that "success leaves clues". What this means is that people who have experienced success in getting out of debt have used specific techniques and methods to get out of debt, and that if you do the same things they've some, you'll get out of debt as well.

One of the things that successful people do to get out of debt is making a debt payoff plan, and then working that plan. Once you've developed a plan for getting out of debt, the right debt software will help you stick to that plan.

My favorite software for getting out of debt is budgeting software. I personally use an Excel spreadsheet called You Need A Budget, and it has done wonders for helping me to get out of debt. I attribute all of my success in paying off my debts to the fact that I use budgeting software.

There are plenty of other excellent budgeting software programs. One of the "big daddies" of budgeting is called Mvelopes Personal, which is a web-based budgeting program that lets you work with your budget from almost anywhere that has an Internet connection. Mvelopes also looks at your bank accounts to automatically enter transactions into your budget.

A free budgeting program that you can use is called Mint. Mint is another web-based budget that doesn't cost you anything to use. A unique feature of Mint that is really great for users is that it compares that rates you pay on your debt to new offers from credit card issuers. Then, if it discovers a card that charges a lower rate, it will notify you so that you can save up to thousands of dollars on your debt while you're paying it off. It will do the same thing for bank accounts - if it finds a bank that pays higher interest on its accounts, Mint will let you know about it, potentially letting you earn a lot more money on your savings accounts.

In addition to budgeting software, there are lots of other debt reduction programs that wil help you to stick with your plan for paying off your debts.

Microsoft Money and Intuit Quicken are programs that help you track both your budget and the rest of your finances. These two programs have similar capabilities, so which one you use is up to you. One of my complaints about these two programs is that they actually have too many capabilities. They have so many bells and whistles that you may actually be distracted from your original purpose of getting out of debt.

My advice is to stick with a simple budgeting program that helps you track your expenses, income, and debts. don't get caught up in complicated software that does more than you need it to. Even a spreadsheet that you create can help, but I recommend that you use software that has a good reputation of helping others to get out of debt.

No matter what software you use to help you to get out of debt, begin today. Make sure that you use the same software until you're totally out of debt. If you're consistent in using your software, every day or every week, it will help you to quickly get out of debt. - 23159

About the Author:

If you're serious about paying off all your debts, the right debt free software can get you out of debt much faster. Check out Sean Payne's great advice at his best budgeting software program website.

Forex Trading Strategies - Sound Strategies Remain Useful for Decades

By Steve Maenshel

Forex trading strategies are one of the most crucial tools for determining when exactly to buy /sell currency. This most important and decisive moment is also the most difficult to define. Different Forex trading strategies, based on technical analysis, will help a trader to accurately determine the time of purchase / sale, thus providing maximum profits.

The decision often must be taken within a few minutes or hours, using various tools of technical analysis.

Main Forex trading strategies are:

1. Support and Resistance

Forex trading strategies, based on the break of a resistance, often give a great signal to buy. Buy and protect your position by the stop-loss order, which should be placed below the level of the occurred break (break level now turns to a new level of support). A new position can also be opened, if in the downward trend the price went up to the line of resistance, or if at the time of a rising trend the price fell to support.

2. Scanning for the intersection of trend-lines

If you are very confident in a particular trend line (i.e., if you checked it many times), the intersection of this line by prices would be a perfect time to enter into a trade or to get out of it sooner. And, of course, do not forget about the other technical indicators. In the case where the trend-line is used as Support and Resistance: buy, when prices reach an upward trend line; sell, when prices reach a downward trend-line. This can become one of your Forex trading strategies, based on the intersection of the trend-lines.

3. Trading in the break

Forex trading strategies, based on breaks, include 3 main options:

- Open the position prior to an anticipated break;

- If you see an unfolding break, open your position at the time of its occurrence;

- Open a position at the very moment of a break;

You can additionally use a combination of the above Forex trading strategies, and try to open a position in each of these phases, i.e. before a break, after the break and during a correction, which is likely to follow a break.

4. Choosing a suitable time frame

1). Holding a long position- for days or months - (is a moderately safe one of the Forex trading strategies, based on time-frames). It is best suited for strong trends. For best results, also look at the immediate options. Since this is a long position, you should also use fundamental analysis.

2). Holding a position of a medium length - a few days (the safest of the Forex trading strategies, based on time-frames). It is also desirable to ensure yourself by looking at shorter trends. Analysis of the medium length position is more complex, but such positions are much more stable for profit. Of course you need to choose the right moment to open / close a position. Again, these positions require the use of both - technical and fundamental analysis.

3). Short-term positions, lasting from several minutes to several hours. Pluses: there is no risk of fundamental news and the changes in prices at the time of your absence. Disadvantages: high risk of adverse movements in prices requires constant monitoring and concentration throughout the day. Basically, if a trader uses the data on a number of sellers and buyers in the market, that data will give the trader the needed information about where the market seems to go. Super-short-term trading could also be used with breaks and rollbacks. Super-short-term trading is highly risky, and thus it better suits professional traders and market-makers. This is the least safe Forex trading strategies.

Sound Forex trading strategies will aid you in finding the best times for your transactions. Sound Forex trading strategies remain useful for decades. - 23159

About the Author:

About the author: Steve Maenshel has been a professional trader for ten years. He can help you understand forex trading strategies. For more forex trading information, visit his forex resource center.

Cherry Creek Condos

By Michael Canon

In the southern central part of the greater Denver area lies Cherry Creek. The area has become well known for its upscale shopping areas and its superb school system. The city is a mix of urban and suburban and houses over 100,000 residents. The city's name is derived from Cherry Creek which is near the southern border of the city. Because of its excellent schools, upscale shopping areas, and upper class homes, Cherry Creek is an expensive place to live. Cherry Creek condos could not avoid this cost either.

The city is known for Cherry Creek North which is an upscale shopping area. There are hundreds of different shops that can be explored which range from restaurants to salons and boutiques. Not too far from Cherry Creek North is the Cherry Creek Mall. The mall happens to be one of the best places to shop in the whole state. There are a total of 160 stores inside the mall not including many merchants that do business there.

Cherry Creek has much more to offer than just an extravagant shopping experience. There are many community events that are to be enjoyed as well as parks and trails. For example there is an annual arts festival that attracts many visitors. This huge event attracts over 350,000 people every year. The event is the number one outdoor arts festival in the country and has over 200 national artists. During the Fourth of July weekend the festival will have eight stages of performances and shows. The Gates Tennis Center is another well known attraction that has many players who use the facility every year.

The real estate in the city has been having changes since the late 70s. The city is unique to live in because it is architecturally diverse. As a part of the rebuilding program Cherry Creek condos and townhomes have been replacing older buildings. The price range varies greatly, from as little as $180 per square foot all the way up to $600 per square foot! The city has also seen some high end Cherry Creek condos that are under construction. Some of the new condos that have been being built have a rather high price tag between $3.5 million and $6 million.

Several Cherry Creek condos can be found for sale right now. The condos that are for sale have a price range between $150,000 and $4.7 million. $692,000 is the current median price per condo. However the average price is a little higher at $890,000. Cherry Creek condos have an average price of $321 per square foot.

Families enjoy raising their children in a city that has plenty to do and an upscale environment. Many of the families have an average income of $200,000 for a family with a married couple and children. You should take a closer look into Cherry Creek condos if you may possibly move to the Denver area as you will have great schools and great shopping at your doorstep. - 23159

About the Author:

Michael Canon is a Denver realtor with the Canon Colorado Team who are frequently quoted by the Denver Media as real estate experts. Michael will help you get that perfect Cherry Creek condo or townhome that you're looking for. Make contact today by visiting Cherry Creek Condos or Cherry Creek Townhomes!

What is the Real Effect of Borrowing and Printing Money - But Not Letting People Get to It?

By Paul Kluskowski

Seems like there is a river of money flowing and headed for the falls. Hundreds of billions for corporate welfare. Short term interest rates at record lows. Mortgage rates are still better than any time over the past 30 years.

But truth be told, people and corporations are still going broke at an alarming rate. The reasons are varied but the huge elephant in the room is that cash is not reaching folks who need it the most to create jobs.

The gatekeepers are keeping billions of dollars locked in the, uh... vault. But so much money has been printed and borrowed from our children's futures that the gate is bulging enough to break. And break it will. When it does the result is inflation that that will bring back all those fond memories we have of the late 70's and early 80's.

Money, right now anyway, is not going anywhere. So cash flow and asset appreciation are dampened. And all the rest of the transactions that keep a capitalist economy oiled just are not happening. Ask Tom Persinger, who went from 60k a year at GM to 24k as a nurses aid. But he is one of the luckier ones. There is a 10 percent unemployment rate so one in ten people arent spending. Take that a step further. If you look at unemployment the way they did before the Clinton era voodoo, it is closer to 21% - sounds like the Great Depression. The loss of spending and thus income is staggering.

California is issuing IOU's, Rhode Island shuts down for a couple of weeks - and all the rest of the states are scrambling to raise taxes and cut spending. Nothing is secure anymore.

Nervous about the stock market? Just when it seems equities are stabilizing you and every other investor gets faked out when they dump again. Real estate, though housing markets seem to no longer be in free fall, is still causing anxiety and hand wringing.

Bond trader pros are saying that the Fed is printing money just to keep the interest rates low. This is a long-term policy that is guaranteed to keep the economy anemic if not on all out life support. Until recently the US could console itself in the knowledge that all the other major world players were doing the same thing. Some of them are showing signs of solid recovery now. The reason? They did not sign on to a stimulus policy, took their bumps and the markets are recovering.

So the bankers are caught in a Hobson's choice where the only logical thing is to do nothing and reap the taxpayers largesse. After all, if they loan out all that money so people can buy assets that are not going to appreciate soon and jobs are still hard to come by then they lose.

So the Fed is printing money, the government is madly borrowing, and all that cash is dammed up by the bankers. But they are going to eventually have to open the gates to avoid serious stagflation. When they do we will all be experience what, thus far, "developing" countries regularly see when their economies are grossly mismanaged - very high, if not hyper, inflation. Grab a paddle and try to stay above water. - 23159

About the Author:

My Market Friend is Paul Kluskowskis's blog. It is chock-a-block with up-to-date financial, economic, and market news. He is a financial manager at T/R Financial Management Group. He has been in the business for over 10 years and writes extensively with numerous articles and three ebooks to his credit. Paul also manages the PINGP Work Control Center Mgr at Xcel Energy. You can sign up for his financial advice and newsletter at My Market Friend