15 Terms Everyone in the Stockbroking Industry Should Know

Like any kind of profession, being a stockbroker has its own lingos and jargons. If you want to succeed in stockbroking, then you must know about common stockbroking terms. The last thing you want is a client asking you what a term means and you will look as if you are a deer caught in the headlights. It makes you look like you don’t know anything about your industry.

To help you with that, this article is going to enumerate the top 15 terms that you should know when it comes to stock broking with cmc markets.

  1. Bear Market – market direction can be in either up, down or sideways. If the market is going down (when the stocks and assets values are going down), then this is also known as Bear Market in the financial industry.
  1. Bull Market – remember we discussed the market could go up, down or sideways? Well, a bull market is the complete opposite of the bear market. This translates to stocks and assets going up.
  1. Blue Chip Stocks – in every industry, there are a couple of established companies that are big and stable. These are attractive to some investors because they usually offer dividends and they have the reputation of being safe. These kinds of companies are also known as the Blue Chips Stocks. The terms come from casinos, being the chip that is colored blue is often the highest denomination.
  1. Day Trading – a person can hold a stock for days, weeks or months. There is no surprise to that. However, there are professionals who open a position and close a position all in a single trading day. This is what is termed as day trading.
  1. Dividend – some mature companies offer back part of their profits to shareholders. The profits that are given back to the shareholders is what is known as dividends. Keep note that not all companies offer dividends.
  1. Exchange – when traders and investors buy and sell stocks and other assets, they do it in a “market”. In this context, the market is what is known as Exchange. An example of an exchange is the New York Stock Exchange and NASDAQ.
  1. Hedge – nobody knows the future and the market could go against you. This is the reason why some professionals use mediums to limit their losses such as stop losses or using future options. The idea of limiting losses in the stock market is known as Hedge or Hedging.
  1. Execution – in the stock market, you place an order either to buy or sell. Once another party has agreed to buy or sell (depending what you want) and proceeds with the transaction, then this what is knon as execution.
  1. Index – the stock market has its own benchmark that investors and traders often compare their results. The benchmark they compare to is the commonly the index. Index is basically a collection of the biggest and leading companies within a sector or group. An example of an index is Dow Jones Industrial.
  1. Initial Public Offering – stocks are actively sold every day, day in and day out. Yet, it has to start somewhere. Hence, the first time a company that sells its stock publicly is what is known as Initial Public Offering, or commonly known as IPO.
  1. Margin – you can loan to buy a car or house, right? Well, you can also loan from your a stockbroker to buy more stocks. The difference between the money you loaned and the value of the stock is known as the Margin.
  1. Portfolio – when someone uses the term Portfolio in the financial industry, this means that he or she is referring to the collection of stocks and other securities that he or she owns.
  1. Quote – so you own the stock, and you want to know what the latest trading price of your stock. Then you are asking for the Quote from your broker.
  1. Spread – selling and buying stocks is like negotiating. Some are asking for their buying price and some are offering their selling price. The difference between the two is known as the spread.
  1. Volatility – some stocks are stable thus their price movements do not swing so much. Some are the opposites, and can widely swing. The intensity of the swing is termed as volatility. Thus, if it swings so much, the stock is termed as highly volatile.

So there you go, these are the 15 common terms that are often used in the stockbroking industry. Learn them by heart just like any other good stock broker. Also, these are only a few of the many common terms in the stockbroking industry. So don’t stop exploring and learning new jargons.

Starting a Website is Key to Financial Independence

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I have been in the blogging game for several years now, and I started getting into it long before the world realized the monetary benefits that came along with it. Running a successful website can create wealth that you never thought possible, but you truly have to enjoy creating new content and constantly improving upon your existing site. Regardless, the most frequently asked question that I receive is always about how to start a blog. Truth be told, starting the website is probably one of the easiest tasks to complete in the whole process of earning money online.

The first step in the process is finding reliable and affordable hosting. Companies like Wix website builder are beneficial for newbie bloggers because they offer the all-in-one packages for those just starting out. First, you decide on a domain name and then you register it. They have you covered there. Then you need a package to host your actual domain on a server, which they also provide. Lastly, you need to be able to make the site look pretty and interesting. Their easy-to-use site tools allow even the novice users the ability to create a thought provoking website right from the get go.

As I said before, the process of starting a blog is much easier than getting your blog noticed by others. Website promotion is really the more difficult aspect of running your own site. You want to be able to get your blog in front of as many new people as possible in order to build up and retain a solid readership base. There are a few different ways to go about this. First, consider that a large portion of your audience will be directed to your website via search engines like Google and Bing. This is important because the more the powerful search engines recognize your site as an authority in your related subject matter, the more traffic they will send you on a daily basis. The most important aspect of getting noticed and picked up by the search engines is writing long and meaningful content. The better your writing quality and relevancy to your subject matter, the better your search engine results will be. Next, you have referral traffic. This is the amount of traffic sent to you from other websites. My favorite tool for driving this number is guest posting. By teaming up with similar websites like yours, you can create and post fresh and interesting content on an already established site and use that to capture the attention of new readers that will inevitably visit your blog after reading the article. This is a marketing technique used since the beginning of the internet and I can attest to its effectiveness. Lastly, there is the direct readership base. These are the people that are already familiar with your site, usually based on the effectiveness of the methods mentioned above. They know they already enjoy your articles and site content, so they either simply type your site URL in, or perhaps utilize your Feedburner subscription, or maybe they are following you on Facebook or Pinterest and they catch your most recent content that way.

Once you have a website setup and established, and you are driving real daily traffic to your site, there are a number of ways you can then monetize it. Once your website is viewed as an authority in its niche, you will start to see advertisers email you for direct placements on your site. This could be in the form of an unbiased review written and posted by you, or perhaps something simpler and more prominent like a banner on the homepage sidebar. Then there is the more passive forms of income like CPC ads and affiliate related income. CPC means cost-per-click, which translates into revenue every time somebody clicks on an ad on your site. The easiest way to illustrate this is Google Adsense. I’m sure you have seen those text and image banners splattered throughout the various websites you typically visit. Every time you click on those, and especially when it leads to an end sale, you inevitably send a chunk of revenue to that site owner. Not a bad deal for them, huh? Affiliate income is similar but with a few different twists. This is where you promote products and get a cut of the sale. Consider yourself an online salesperson that is paid by commission. One of the biggest and well known affiliate programs out there is Amazon Affiliates. You can post Amazon affiliate links throughout your site and whenever somebody clicks on them and makes a purchase from Amazon you will then get a certain percentage of that sale. Considering how popular Amazon is now, only the largest online retailer in the world, there is a safe bet that with a little bit of traffic you can bring in lots of money.

Again, the key to making money on your site is driving as much traffic to it as possible, via any means necessary. If you used Wix to setup your website, then you have probably noticed some other nifty tools they offer as well. Consider the built-in SEO wizard that will help you tailor your unique content so that it enhances the traffic to your higher ranking keywords. Don’t forget about the power of creative newsletters! Having a working and viable email list is key to converting sales. When you want to blast out new promotions and other offerings from your site or services, having a tool that manages your customer emails and allows you to quickly send them new and relevant content can be quite powerful. This is particularly where Wix Shoutout comes in handy! They have great interactive social media tools, a detailed stats tracker, and an easy-to-use email editor for those technologically challenged.

Please see this informative video for useful tips

Why You Should Get Your Personal Finances Into Shape Before Starting a Business

If you are thinking about starting up a business of your own, you might assume that it will fix all of your financial problems. However, you should know that the opposite is often true. Even though going into business for yourself can be a wonderful thing, it’s also financially risky. Half of the start-ups that are opened in the United Kingdom fail within the first year, and you don’t want to be a statistic. This is why it’s critical to get your finances in order before you ever try to open your doors.

Owning a Business is Stressful Enough

The truth is that owning a business is stressful enough as it is, especially during the infant stages of the company. Financial issues can be stressful, too, and you probably don’t want to deal with a double whammy of both of these types of stress at once. Eliminating your financial issues before you get started in business can prevent you from staying too stressed out once you open your doors.

It Can Cost More Than You Think

No matter how carefully you have planned out the opening of your new business, there is still a chance that things will be more expensive than you anticipate. Unfortunately, this means that you can go over your budget quite easily while just starting out and while operating your new business after its opening.

If you square away your finances first, you will be better able to handle any additional expenses that pop up with your business, and you won’t have to worry about these costs affecting your personal finances as much.

You Shouldn’t Skimp on Your Business

Some people who start their businesses on a limited budget end up cutting corners to try to save money. Even though there is nothing wrong with looking for ways to save cash while opening and operating a business, cutting corners in the wrong places can be harmful for your new company. If you have a little more money to spend, however, you may be able to afford better things for your new business.

It Can Take Time

Businesses don’t usually take off overnight. It can take time for even the best of businesses to begin to see a true, steady profit. If your finances are in bad shape, it can be tough to make it through these times. If you get your money in order beforehand, however, it’ll be easier for you to wait it out and allow your company to grow.

If you’re thinking about starting a business while your finances are in bad shape, you should know that you are better off getting things under control first. Luckily, you can take out a loan or look into other options to get your finances into a good place before you start your business.

Money Saving Tips for Small Businesses

The world of business is highly competitive and always changing. In order to be successful, small start-ups must embrace a flexible approach and be constantly mindful of the balance between their outgoing expenses and the profits coming in. When competing against well-established companies, it’s important that small businesses do everything they can to boost their bottom line. There are plenty of simple ways that small businesses can save money, and most of them are easy to implement.

Smart Technology Choices

Laptop computers consume around 90 per cent less energy than their desktop equivalents. Think about whether your office really needs to invest in desktop computers, when portable alternatives are cheaper, lighter and will save you money in the long term. You can even go a step further and purchase second hand laptops from specialist retailers like SSC Trade. By using second hand technology, you’ll save a packet on the cost of kitting out your office. Another way to save money is to review your office telephone usage and research ways to reduce this expense. You may want to cut down on the number of phone lines that your office has, change your usage plan or replace your current provider with an internet based service. For instance, When in need of a loan, one can always leverage the equity of their home. It is important to become familiarized with a home equity line of credit.

Office Supplies

How often do you order office supplies? You should order in bulk once a month or once every two month. Printer ink can be very expensive and have a serious impact on your budget, so look into ways to cut down your use of ink. Encourage employees to share printers and print only when absolutely necessary. Moving towards a paperless office is great both for your budget and for the environment. You can also save money by using staff to do simple things like turning their computers off at the end of the day, and therefore reducing your office energy bills. Consider having overhead lights fitted with daylight sensors. These sensors will automatically switch off lights if there’s enough natural light in the office.

Working Remotely

Renting a commercial space can be a very costly endeavour, so it’s important to think about how big your office really needs to be. If some members of staff would be better suited to working at home, why not offer this to them? Employees who have young children or elderly parents to look after will appreciate the opportunity to work remotely, and this will save your business valuable office space. The unused space can be sublet or you could make a deal with your landlord and negotiate not paying for rooms that are not in use.

Money Saving Tips While on Vacation

I love to travel and it’s important to me to spend my hard earned money on experience and memories that will last a life time, rather than materialistic goods.  Every paycheck we save money specifically for vacations and at least two to three times a year we take a trip.  We build vacation funds into our budget therefore there is nothing extra coming out of our savings account or typical spending money each check.  Over the past ten years I have learned some great money saving tips while on vacation I think could benefit others.  Below are some of my favorite tips I have collected during my travels.

When planning for a vacation, spending money is very important to budget out prior to your adventure. Don’t just start swiping the credit card for fancy cocktails and over the top souvenirs just because you’re on vacation.  I learned that I should plan about 70% of my trip actives and meals ideas prior to the vacation, thus I will have a good idea of how much I will be spending.  For example, if you are going on a cruise, research all the off shore excursion prior to leaving home.  You can for them on the ship or before leave, but at least you know how much you will be spending.  Always look for travel deals like two tours for the price of one, and the bucket of beer promotions rather than the cup refill discounts.

If you prefer a more of a low key vacation with the family and are planning to drive, budget out gas and hotels stops/stays if necessary.  For a long road tip see if it is actually worth it to drive over fly and remember speeding tickets can cost you hundreds of dollars too!  Don’t make the same mistake I did driving from Michigan to Florida and getting a $375 speeding ticket in Georgia, because obviously flying would have been much cheaper.  When packing for your road tip put together a cooler with water and soda, make sandwiches, bring yogurts and bags of chips and snacks.  This will keep your family eating healthy, save you money from having to buy overpriced fast food, and you can use the cooler in your hotel room once you arrive at your destination for water and beer.

The best part of saving money while on vacation is allowing you to save and invest that money for future vacations! Set a vacation budget, and then work to come in under that budget. Then take that difference and make smart and wise investments. Check out Banc De Binary when it comes to investing in binary options and such.

Basically, if you pre-plan your trip, then it’s very easy to save money while on vacation.

Why Is Foreign Currency Trading A Good Option For The Smart Investors?

Investors who want to invest money in profitable businesses are always looking for good financial trading options like stocks, commodities, shares, equities etc. Foreign currency trading is also a great option for the investors to take the benefit of the high liquidity of the market along with the high volatility times when there is a good chance of cashing the profits. The prices of foreign currencies are constantly in move due to various factors affecting the currency prices.  The smart investors who invest time and money both for gaining profits on their investments can make a good career as a successful foreign currency trader. The only thing they need is to understand the trends in the market and learn the art of speculation and predicting the future trends more accurately. Let us have a look on the various reasons to understand why Forex online trading a good option for smart investors.

Foreign currency trading market is open 24 hours

If you are a part time trader and need flexibility in the trading hours, foreign currency trading can be the best option for you. Foreign currency market (Forex market) is open 24 hours and when one market closes, the another market opens and you are able to trade round the clock except the weekends when the markets are close. Thus you are able to adjust your online trading schedule with the regular job hours and can concentrate on the trading process with the convenience of your home.

Forex market provides the highest liquidity to the traders

Foreign currency trading market is the biggest financial market with the average daily trade going beyond 4 trillion dollars and this provides a big amount of liquidity to the investors so that they can enter or exit a trade at the time they want.

It is easy to enter the foreign currency market

It is easy to enter foreign currency market with only a few hundred dollars in hand. With the growing competition among the Forex brokers in the market, the cost of online trading has gone down and it has become easy to open an online trading account at XTrade and start trading instantly. Different brokers provide different promotional offers and an individual investor gets a lot of offers and promotions to perform trade with more energy.

Fewer options to choose from

Foreign currency trading market provides fewer options of currencies to choose as compared to stocks trading which has thousands of stocks to choose from. There are only 8 major currencies around which the most of the trading in Forex takes place. So choosing pairs from these 8 currencies only makes less confusion for the traders and they can concentrate better on the factors associated to the movement of the prices of the currencies in the pairs under trade.

London: can you afford a workspace?

London is where all that’s hip and happening stays hip and continues to happen. It’s the heart of the tourist industry, where creative types come to thrive and corporations set up shop.

But the runaway success of the city has made it markedly more expensive than anywhere else in the UK. The living wage, for instance, is £9.15, compared to £7.85 in the rest of the country.

Such inflated prices are pushing residents from the city, as local authorities are accused of gentrifying the capital.

Rents are increasing along with protests about living costs – and it’s a situation that has a knock-on effect for small businesses.

As more affluent residents populate the capital, those offering bespoke goods or running quainter businesses will struggle to meet the heightened expectations of high rollers.

SMEs are already being pushed from high streets thanks to the success of online retailers – will they soon be rushed out of the capital by big business?

Only individual bosses can really answer that question, but they’ll have to fight for survival.

One of the major issues facing a business lies in the price of a property in the capital.

Many have had to make do with smaller properties in poorer areas. But that doesn’t mean they’ll flag under the strains of their location.

With the right knowhow, even the grittiest areas can hold their own against the big hitters. You just need to know how to transform your office.

So how can you alter your London workplace, and turn it into a place that will wow clients?

Level up

Even a small warehouse or office can double its space – you just need room above your head.

Mezzanine floors London have been helping small offices for years. Essentially a platform held up by steel girders, they can give you a new floor and plenty of extra space.

These raised platforms have a rustic quality to match a hip agency or computer specialist. So you’ll be splashing out on aesthetics as well as space.

Know the zones

London is split into several zones that, although ostensibly for the underground system, can help you find exactly the right location – and at a decent price.

Some cheaper districts sit directly next to their more affluent counterparts. If you can find a place that sits neatly between zones, you could find customers flocking to you.

Each zone attracts a specific kind of clientele, so always bear that in mind before you rent a workspace.

Price will always be a factor in London – but the right changes to your workplace could stop you being pushed out of this bustling city.

Shoddy Accounting is one of the biggest reasons Startups Fail

Approximately 90% of all new businesses fail according to statistics, a frighteningly high number that makes you wonder why anyone would even start a new business these days.

If you do plan on starting a new business however, you need to know that poor accounting is one of the reasons many startups fail, and do your very best to avoid both the legal and reputation problems that it can cause.

Today’s blog will look at a number of excellent invoicing and accounting tools that will help you do just that. Enjoy.

The first is QuickBooks,  which has been around for quite a few years. It offers everything you need as far as accounting software is concerned, and can take care of invoicing, payroll, profit and loss sheets, balance sheets and bill management, among other things. You can also use QuickBooks to prepare your taxes, print out checks and also use it to accept online payments, because it’s integrated with Apps like PayPal, Constant Contact and Square. Even better, you can choose the features that you need and only pay for those, and the software comes with a 30 day free trial.

One service with an excellent task management tool is Invoicera, which will track the amount of time that you spend on any particular project and also assign tasks and evaluate their progress so that you can increase your productivity. If you’re a new startup with less than 3 clients you can use Invoicera for free but, at only $19.95 a month for their premium plan, it’s still a good deal.

If an intuitive accounting program is what you’re looking for, Zoho Books might be your answer. It can help you to calculate your taxes, has a time tracking tool and you can use to access customer data and send quotes from any device and, like QuickBooks, you can also integrate it with payment gateways like PayPal.

Over 1 million entrepreneurs and small business owners are already using a cloud-based, integrated accounting software called Wave. Approved by certified accountants, Wave provides accounting software that’s easy to use and understand, let’s you create a business reports and help you to keep records straight by uploading receipts into your Wave account. It’s also, for super low cost startups, absolutely free.

Lastly there’s FreshBooks, an invoicing and accounting tool that Forbes magazine has called “incredibly user friendly”. It allows you to do such things as schedule recurring invoices, track monthly expenses, capture billable hours and even see if a specific client has viewed your invoice or not.

All 5 of these excellent accounting programs and services are readily available to entrepreneurs and small business owners and, if making sure that your accounting stays up to date and correct is important to you (and it should be), using any one of them would be a good idea.

Legit Reasons Why You May Need a Cash Advance

A cash advance is where a company will advance you cash in the form of a short-term loan. There are usually few restrictions attached and you don’t have to worry about long application times. These emergency loans are ideal in certain circumstances.

So what legitimate reasons could you have for taking out a cash advance?

 

A Medical Emergency

While no hospital will refuse to treat a patient – because legally they can’t – they can and will charge you afterwards. You don’t want to find yourself in debt to your hospital. It’s a burden you don’t need.

On the other hand, a cash advance gives you the chance to pay for medical care immediately. You don’t have to re-mortgage your house or sell any of your belongings.

 

Pay Off a Toxic Loan

When we talk of ‘toxic’ loans we mean those that are hammering you with interest charges. For example, a payday loan with 300% interest will cripple you and your ability to pay it off. A cash advance can eliminate it in one swoop.

Yes, you will have another loan to contend with, but a cash advance is a far more manageable option.

 

Save Your Possessions

Sometimes loans can get out of control, as is the case with payday loans. Your only option may be to give up and accept the fact your home and possessions may be heading for repossession. But don’t give up right now. There are still options available to you.

You have a chance to save yourself through a cash advance. It’s a difficult situation to deal with and a cleverly timed cash advance can save you from this fate. It will give you some breathing space to get everything together and resolve your financial issues.

 

Choose Your Cash Advance Service Wisely

Before you accept a cash advance, carefully check the terms and conditions of the loan. Make sure they don’t have an absurdly high interest rate attached. You should also be able to pay off a loan early without any penalties. Don’t get dragged into more financial trouble by not reading the terms and conditions carefully enough.

If you have any questions, ask a representative of the company. This isn’t a decision to make in haste.

So we know there are some situations where a cash advance can come in handy. Just make sure this is an option you’ve given consideration to before making any financial moves.

 

Crowdfunding: The Solution To Your Startup’s Woes, Or Fraught With Peril?

Crowdfunding has taken on the business world by storm, with a new way to grow companies that never existed in quite the same way before. While the idea of gathering funds from community members to start a business is an old idea, the speed and scale of the internet has created conditions for growth on an incredible scale.

Advantages

Sites like Kickstarter, Indiegogo, Quirky, Crowdcube and Peoplefund.it have grown enormously in recent years. These platforms have provided billions in seed funding for new companies. In exchange for funds, crowdfunded companies provide everything from their hearty appreciation, to beta products, to dinner with the founders to equity in the companies. The rules of the platform and decisions by the company provide the value of each dollar invested into the crowdfunding campaign.

Some companies achieve spectacular results. Oculus Rift is a virtual reality headset maker that raised over a million dollars on Kickstarter to launch its product. The original investors received the beta product in exchange for their money. However, the funds helped the company lift-off and it was eventually sold to Facebook for $2 billion.

Disadvantages

Unfortunately, the vast majority of campaigns do not have such an excellent outcome. Most campaigns fail to meet their funding goal, raising nothing to several hundred pounds.

The companies that do raise funding have a very different problem. They now have a public timeline to develop and deliver their product. Without delivering on this timetable, the company can get very bad publicity and sour relations with its earliest customers. In addition, resources are diverted to focus exclusively on delivering on the product, even if it turns out not to be ideal for the company. Finally, there is a chance that those that receive the beta product will be unsatisfied and leave poor reviews. In all, many companies must consider whether crowdfunding is the ideal path for them. For some, they are fraught with peril.

Business Credit Card

Instead, many companies are choosing credit cards from business banking institutions. These allow greater flexibility and choice by the business with how to spend funds. They can also manage cash flow by paying back a small percentage of the balance each month. Finally, business cards provide additional benefits such as cash back and travel rewards.

Overall, businesses must consider whether they can accept the burdens of crowdfunding. While their is significant potential for a big payoff, it is not 100% certain. Instead, many businesses are choosing to use credit card financing to accelerate their company into the future.