Category Archives: Finance

When It Is The Best Time For A Pension Transfer

You can decide for a pension transfer at any point, no matter how many years you have until your retirement. But considering that we are talking about an investment here, the timing is important. There are several things you need to think about when transferring your pension and it’s best that you consult with a pension expert before you make any final decisions.

Guide to Make the Most of the Short Term Credit Alternatives Available

Credit refers to a contractual agreement in which a borrower receives something of value now and agrees to repay the lender at some later date. An apparent expense attached to credit is the interest. It is the most crucial factor in determining the credit alternative sought after. Another imperative determinant is the reason for borrowing the funds. If the funds won’t yield a return, then the borrower must be very careful and analyze every minute detail before availing credit as it would lead to an additional burden on him in the form of interest and repayment obligations.

Why Are People Choosing To Get A Secured Visa Credit Card?

Secured Visa Credit Card

Why would you choose to get a secured credit card? There are many people out there trying to rebuild their credit. If you are one of those people, you might even find that you can’t get approved for an unsecured credit card. It happens, and even if you can get approved, you might find that the card you get approved for has a high interest rate, an annual fee and other charges. In other words, you might be better off getting a secured Visa credit card.

The Advantages

A UNITY Visa secured credit card is one of the better options as it has a better interest rate. Of course, you need to put up a security deposit, and the amount you pay will be your credit card limit. You are eligible to get your security deposit back at a later date, and you will of course pay less fees than opting for an unsecured card for people with bad credit. It really does sound like the best option now, right?

After awhile of using the secured credit card and making on-time payments, you may be eligible for a much better credit card. It can take a year or longer, but the right card offer will come along. Just make sure you don’t use a secured credit card only long enough to take an offer for an unsecured credit card with a bad interest rate and all of those fees.

While you’re using your secured credit card, it’s more than just about making your payments on time. The absolute best thing you can do is to pay your balance off monthly, before you are charged any interest at all. If you do decide to carry a balance, or you have to do so, make sure you keep your balance lower than 30 percent of your credit limit. Keeping you balance low improves your credit score and increases your chances of getting a good credit card offer in the mail.

There are credit card companies that require partial deposits. There are also companies that change customer credit cards from secured to unsecured after a certain period of time. There are all kinds of great options out there. Typically, your minimum security deposit is going to be around 200 or 300 dollars. Of course, the higher your deposit, the better. You should be able to add to your deposit whenever you like, increasing your credit limit over time if needed. Either way, those are the reasons why people are getting secured Visa credit cards.

Equities Surge As Gold Dives


The golden child, gold, has been sliding since this week’s beginning. Stocks are surging and investors are catching the shooting star, leaving gold en mass. This is especially true in the U.S. where the S&P 500 hit its historic high Monday.

A Guide To Securing Investments In The Case Of ‘Brexit’


The Brexit referendum is slowly looming and this is causing a great deal of concern among all individuals, particularly investors. To ensure their investments are relatively secure should the Brexit vote result in Britain leaving the EU; investors are considering a development of secure investment portfolios. Initial reverberations in currency markets and key indexes will be inevitability if Brexit occurs with FTSE 250 and local businesses being most affected. Government bonds within the UK could also be influenced by a mass loss of international investors, which may cripple the currency markets. Yet, it may be possible to reverse these consequences and, if Britain opts to remain in the EU, it is possible that the Sterling will increase in value.

Pros and Cons Binary Option

Pros & Cons Binary Trading

There are many ways of how people can secure or even improve their financial status. Some of them decide to run their own business, while others prefer to work in a company. It all depends on individual preferences and abilities. And we have people who were brave enough to step into the world of online trading. The binary option system is one of those trading techniques that have become very popular lately. However, this system has its own good and bad sides, which is the reason why we will try to highlight some of the biggest and most obvious binary option pros and cons.

Decreasing Oil Prices Threaten U.S. Economy

Decreasing Oil Prices Threaten U.S. Economy

Isn’t it wonderful to pay so little as you fill up your tank at a gas station?It has been a while since going through your utility bill would make your blood boil, hasn’t it? Well, while you may benefit from cheap oil, many others in the U.S. aren’t happy with that.

The economy in states that produce oil such as North Dakota, Texas, Oklahoma, New Mexico, Wyoming and Alaska have been hit by the plummeting crude price. Bill Walker, Alaska’s Governor, has recently recommended a state income tax (they didn’t have one in 35 years) as a way of compensating from the drop in tax revenue related to oil. Since November 2015, Texas’ gas and oil production tax revenue plunged respectively 51 and 47 percent. In North Dakota, oil-related tax revenue fell by 43 percent last year.

With Interest Rates This Low – Is It Time To Trade?

With Interest Rates This Low - Is It Time To Trade

China is sitting on top of the glut of all gluts.  The enormous quantities of industrial capacity that has been built to propel the rapid development of China’s economy has become increasingly idle as the country faces slowdown as well as the transition over to services. 

Why China’s Loan Spike Matters

China shares on loan

China has long been known for its cost-effective mass-production of goods for the rest of the world. Meanwhile, its culture, in general is one of saving. It raises eyebrows that following the fallout of the Hang Sen market crash in 2015, that now lending in China has spiked.

It has far-reaching ripples that rattle investors even more. The concern is that the country’s money, a source of stability to any nation, is teetering on collapse.

The number one rule of politics, economics, the markets, or anything in life, is not to pander to any fear mongering. Instead, it is wise and important to put the lending situation in China  into perspective.

Fundamental analysis on Forex market

Fundamental analysis on Forex market

Most of traders approach to financial market based on technical or fundamental analysis. Main for them to use only one method is key premise for all investors “Simplicity”. If you adopt booth methods, it is easily to get lost, in forest of indicators which commonly telling you opposite.

In this article I will try to explain on which indicators fundamental analysts set focus and how they use them, without comparing to technical methods because I think that every investor has to decide which method is best for him.