Trading has helped me improve my life even after retirement

Trading has helped me improve my life even after retirement

How I came across this fabulous opportunity?

A lot of times when I am talking about my achievements at the neighborhood club, I never forget to recount my experiences with online trading. The idea behind this deliberated move is that more and more people who are in their grey year take up trading not just as a means of earning some money but also because it keeps them occupied and therefore less lonely.

The empty nest syndrome can be fatal:

A lot of men and women at the senior’s club tell me that the empty nest syndrome becomes particularly nagging once they drop out of regular jobs and services. Staying in all by themselves with the outside world cut out almost entirely and suddenly at that can be so overwhelming that they have no one to talk to and nothing that they have to live by!

My experience with crypto robots:

I have never had a brush with any kind of finance-related jobs in my career. But I realized that for trading online I did not even have to be!

I signed up for a couple of trading websites and I set my account to autopilot mode. Now, the robot takes care of my trading. I am able to set my risk level so that the robot does not trade in excess of what I can safely afford to lose.

But I have made a huge amount of profits:

For someone who lives off his meager savings and the welfare fund, I thought living was drudgery till I was able to earn decently from online trading. I decided that if I was to live then living with self-esteem will be my way till I hang up my boots!

It has been two years already!

And what a rewarding journey it has been! I have been able to learn so much about trading and have been able to create a fund where I pool all my earnings and save them. I have begun to contribute to charity and institutions where they provide for the needy. I am so glad that I have now become a contributor rather than a beneficiary. It feels good and it feels dignified!

Fighting loneliness is another benefit:

I can be engrossed in trading and thinking up of newer strategies to trade online and that can keep me busy for months. I am glad that I began trading because things have improved for me. I always used to dread a life of a loner but hey! I am glad I got around it and I am having fun with trading. Join the party folks!!

 

Pros of written communication in business

Pros of written communication in business

A business always needs everything to be in a written format. So, business writing is very important to run a business in any complex situations successfully. There are many advantages to the written communication. Let us take a deeper look at those advantages and use it in our business if possible.

  1. Accurate and precise:

The business writers will always give their thoughts and ideas more accurately and in a precise manner. Because written communication has much value in a business than a verbal communication. We people will change the words we spoke when the communication is verbal, but we will not be able to compromise anyone if it is written communication. So, the written communication in business is always accurate and precise.

  1. Clarity:

The great advantage of written communication is the understanding because some persons have less understanding capacity. If the communication is in written form, the persons can read it for n times to get a clear understanding. This will definitely help to the success of the business. In oral communication, we cannot ask for repeating the words again and again.

  1. Permanent record:

If some important things happening in a business are in written form, it is definitely a permanent record and we can refer it whenever we want to. The oral communication is not a permanent record but written communication is always permanent and it will never vanish unless and until we do it.

  1. Legal document:

The written communication will be considered as a legal document and if there is an issue in a business, we can take legal actions based on the written document and that will be a witness for the issue.

  1. Increase the personal image:

Some persons will not have fluency in their speech and they will miss some important points in an oral communication. But they will be much talented in writing and their writing skills will help them to show off their personal image.

  1. Confidence:

Obviously written communication will create some confidence within ourselves than the oral communication. Because many of us have fear to give a speech before n number of people. At that time, written communication helps us to get rid of that fear and move on with our work with confidence.

  1. Missing out points:

In an oral communication, we will definitely miss out some points to deliver in the speech. But in writing, this will never happen because here we are writing the full content what we are going to deliver in the speech.

The Most Common Cryptocurrencies – A Quick Guide

The Most Common Cryptocurrencies – A Quick Guide

If your intention is to venture the cryptocurrency investment market then, undoubtedly, it is one of the best intentions of your life, as the world is more moving towards the cryptocurrencies. Not only that, even the idea is easily achievable even for the beginners with the concept of trading robots that make the investment procedure a completely uncomplicated one! So, given the benefit, you can any day commence your cryptocurrency investment journey with these popular cryptocurrencies as your reliable investment choices.

  • Bitcoin–The pioneer cryptocurrency, which is basically a peer-to-peer payment system. Despite the fact that it was introduced in 2010, it is still going strong with an unshakeable market cap value! Given the favorable prediction of the experts, it seems the Bitcoin is one of your best bets in this 2018!
  • Ethereum – Not just a cryptocurrency or a mere payment system but a versatile technology that allows the developers to build distributed apps that can satisfy several significant purposes relevant to their businesses. For example, the smart contract feature facilitates the concept of automated contract system that is free of any and every discrepancy.
  • Bitcoin Cash – The scaling of the Bitcoin network involved various views and suggestions and, one such view with some major supporters opted for the hard work of the Bitcoin network in the idea of scaling Bitcoin to more users that led to the birth of the Bitcoin Cash (BCH) in 2017! Now, this newer cryptocurrency has an 8MB block size that could accommodate around two million transactions per day, impressively! Although it is a relatively newer cryptocurrency in the market, it has a huge popularity, for which its market cap value that falls under the top 5 position is the best example!
  • Ripple – Like the Bitcoin, both, the payment system and the digital currency of the system are known as ‘Ripple’, which was mainly designed to offer an instantaneous payment solution for larger financial institutions like the banks. Also, here the Ripple digital currency is owned by the respective parent company, the Ripple, (formerly known as the Ripple Labs) and therefore, there is no concept of the mining like in the Bitcoin network. This also proves that the Blockchain of the Ripple network is different from the Blockchain of the Bitcoin network!
  • Litecoin – The main intention of creating this cryptocurrency, according to its founder is, for it to act as the ‘digital silver’ compared to the Bitcoin’s ‘digital gold’ and therefore, its ways are more or less same as that of the Bitcoins, except for the fact that the Litecoin is 4 times faster than the Bitcoins!

Saving And Investment –Necessary To Survive

Saving And Investment –Necessary To Survive

We read about people becoming millionaires at the age of 25 and retiring by the time they hit their forties. The software industry is creating this new group of entrepreneurs and many of these have acquired wealth in quantities never seen before. Though all of us would like to retire comfortably and relax after working for 40 or 50 years even that may not work in favor of some people. There are many reasons and the most significant one is bad planning.

Diversification is important

Investments are not just about bank accounts, house, and mutual funds. A proper and adequate medical insurance for the family and insurance for the tangible assets are also important and some futuristic investments like digital currencies should also be a part of your portfolio. I have seen people seeking the help of https://cybermentors.org.uk/ for online trading options and honest reviews of such trading programs.

Slow and steady is the name of the game when it comes to savings and investment. You cannot create a huge retirement fund overnight or even in months. You can take the help of financial planners or read everything that has been out in the public domain. Diversify and put money in different types of funds, debt funds or balanced funds. Gold and diamonds may be some other options but remember that these can appreciate in value very slowly, and may not beat the inflation by appreciating enough when you really want to sell or need money.

Other options

Your past mortgages and future loans need to be paid regularly. So it is also important not to create any unnecessary debts. Out of this one of the most expensive ones is the credit card loan. This is one aspect that everyone should follow diligently, that they should avoid credit card delayed payments or avoid any debts to accrue on a credit card.

Another important aspect apart from diversification is security and staggered realization of money upon maturity. Though we target retirement or some such occasion for the maturity of funds, everything may be due at the same time, and if god forbid the market is down at that time then all the investment will lose value at the same time. so plan the redemption at different time periods. Similar to systematic investments, systematic redemption brings in the advantage of market fluctuations. You must redeem any fund when the price is right or wait for the right time.

Keep shifting your funds and maintain the proper ratio depending on your appetite for risk. Plan well in advance, starting as soon as possible. When we are young, the retirement may appear to be in a distant future, but before you realize, you will have more responsibilities and saving may become difficult. Make saving a habit and be disciplined about it. Soon you will be proud to retire at a younger age and then you can enjoy the benefits of this monetary reward that you created judiciously.

 

 

Benefits Of Investing In Mutual Funds

Mutual fund investments can be of any size. These are great choices of managed funds for the investor that does not have the time to manage his funds and for those who do not know about the markets. But investing in a mutual fund should be no excuse to stop learning about the market. It would be a good idea to venture into investing in individual stocks either autonomously or with the help of ready to use trading bots. No matter which path you take it is essential to start with a strong investment plan.

Mutual funds

Though equity mutual funds invest your funds in stocks the process is very much different from that involved in investing with the help of brokers. Mutual funds are known for their diverse nature. A list of the strong assets is selected in a way that minimizes the risks and the losses. The funds are then invested in a variety of assets including bonds, real estate, stocks, and others. The type of assets where the funds are invested depends on the chosen type of mutual fund and the capital being invested. Here are a few advantages to investing in mutual funds-

Flexibility in the capital required

Anyone with any capital size can choose mutual funds. There are funds that can be opened with a very small capital. And then there is also the freedom to choose the tenure as well. With the diversity, they offer mutual funds are suitable for almost all types of investors.

Economies of scale

Unlike conventional investment in assets, the volume of transactions and the volume of the assets being purchased would be high with mutual funds. The larger the volume the lower the costs incurred. This is thus a great way to invest in multiple assets without having to bear large commission rates.

Liquid option for the impatient investors

There are some investors who prefer liquidity in their funds. Whether you are looking to withdraw the capital for a personal use or to invest in a different place mutual funds come with a great liquidity. You also have the option to pick short-term funds. The price to be paid for withdrawal, to sell the invested assets might vary from one mutual fund to another.

Besides all other benefits, the one main strength of a mutual fund is the professional portfolio management provided. So you can easily reap the benefits of investing in multiple assets without having to study them all.

Know The Auditor’s Duty Of How To Consider The Contingent Liabilities And Taxation Records Of The Business

Know The Auditor’s Duty Of How To Consider The Contingent Liabilities And Taxation Records Of The Business

An Auditor should keenly check with the different contingent liabilities made the business company. This is possible by examining in detail the Articles of Association which lay the definite rules and possibilities with respect to this regard and the due provisions that should be made for such a liability.

Apart from this, there exist certain special liabilities where no single provision is detailed on the books but a note is made at the foot of the balance sheet. For example, the case of Bills receivable which have been discounted and is not matured at the date as per the balance sheet and also the arrears that appear on the cumulative dividends and so on.

  • All these should be examined by the Auditor and he should definitely ascertain the sum to be reserved for this purpose.
  • On this regard, he can analyze the Director’s Minute book on account of the correspondence made with the legal advisers and also, the data collected from the various executives of the business.
  • Thus, he has to confirm if adequate provisions had been made with this regard for all those special liabilities and if in case the Auditor is not satisfied with the reports, he must document it in his report.

While inspecting it has to be seen that the desires of the Company Act regarding contingent liabilities comply with the Balance sheet on the liabilities side.

An Auditor’s role in taxation scheme of a business company

Taxation provisions are important for every business company. Still, the point that needs to be noted is that the taxation records cannot be determined accurately until the final liability on this account is evaluated. At least, a rough estimate for the liability is necessary.

  • It is the duty of the auditor to evaluate the amount accounted to arrive at the provision that is expected to be made.
  • Also, after the completion of the whole assessment process, the Auditor must recognize if the excess or short provision is appropriately attuned in the book of record.
  • In case of the pending appeal and the liability being challenged, this situation should be properly studied by the Auditor and should be detailed in the balance sheet.

If any misappropriate work or false information is being documented in the company’s record book, a reasonable answer should be obtained from the corresponding official and thereby, all the Auditor’s doubts should be solved accordingly.

 

 

 

 

 

 

 

 

 

 

 

 

 

Trade-Bots

Trading always begins with a lot of hurdles may it be trading on the share market, forex market or cryptocurrency market, having said this, you must know that cryptocurrencies have come into existence to stay forever. Many people who questioned this earlier have started getting used to it and began believing in it. Not only this, they have also started to think of investing in this market. Whether one chooses cryptocurrencies like bitcoins or altcoins they are sure to make some good amount of extra money. It seems problematic not because it is difficult, but because you are new to it and do not have the necessary skill sets to do the analyzing of charts that have cryptocurrency trading data properly.

Even when you are learning it is possible to make some money by using the robots. The trading robots are nothing but software that once purchased or downloaded needs to be customized according to your needs after which the robot will begin analyzing the market and start trading.

Things To Consider While Opting To Make Use Of Trading Robots

  • Reliability is the key

This is the first thing to keep in mind as we all know that when it comes to doing any type of business on internet trust is the main aspect to become successful, therefore, the robot you choose must be offered by a company that has robots that have been tested and made use to make trades. There have been a lot of such companies that have been enlisted for providing great services and have been existing for a significant amount of time which have been used by many investors who have given a good feedback about the high level of service that expertise in cryptocurrency trading.

  • Transparency is the key

Imagine how horrible it would be to get involved with a company that seems little suspicious. When one decides to become an investor in the cryptocurrency trading market, they do so to gain profitable returns and not to lose all they have earned. The investors invest in trading to risk their money by placing trades efficiently and not by getting cheated by scammers. You can say that a robot is trustworthy by looking at the review of that software and also there are few companies that will offer you quick learning methods. There are some that provide a free trial which you can make use of before you actually begin investing, hence assuring that it is a genuine one.

CRYPTOBOTS

The market that all the digital currency are traded on is nothing like the stock exchange marketplace because the crypto market is never closed and neither does it sleep. Due to its 24/7 and 365 days of active nature, it can be stressing for people who are fulltime cryptocurrency traders as well as people who have casually invested in this market. Many people who are regular investors and traders in the digital currency world will know the joy and sad feeling whenever they go through their trade to find out about their profits and losses.

If you wake up to find that you have got profits, that’s never a problem, but if you wake up to see that you have lost the trade that’s when the problem arises, therefore, to eliminate this unpleasant feeling many have started depending on the robots that are awake at all times just like the cryptocurrency market. The robots will control the trading even when the trader is not available hence, providing complete control over the trade they are doing. When we say robots first thing that clicks to our mind is speed, by making use of specific robots one can execute the trade quickly and effectively than humans.

As the usage of crypto robots has increased, so has the variety of robots. They are available freely in the form of open-source software as well as licensed software are also available which you can buy. But is it difficult to differentiate between the robots that will work as promised and which will be an utter waste of money and time. This article will help you understand what crypto robots are!

Know Your Bots

Robots that are used for trading are nothing but a set of programs comprised in the software that will be interacting with the financial market in a direct manner. They usually make use of API to get the necessary information and they are also used for interpreting the information as well as following which trade is placed. There are a lot of factors that the robots analyses by looking at the action of the marketplace to make the decision and they are as follows:

  • Volume of trades
  • Price
  • Time
  • Orders

The trading robots have been very famous from a very long time for doing traditional trading, but the average traders have not been able to make use of the crypto robots as they cost a fortune sometimes, one example we can consider is the Bloomberg terminal software that can cost you up to $10,000.

 

Get Grown With Investments In The Right Way..!!

Get Grown With Investments In The Right Way..!!

Investments are an important factor in every single individual’s life. Financial improvements and their growth only will help us in our uncertain situations. For example, in the event of a natural disaster, we will definitely get stuck with the financial obligations which are indeed totally unexpected. We can save a considerable amount of money on a regular basis in our bank accounts. But, that is not going to grow on a large scale at any point in time. It might yield some amount of interest but, not on a large scale. For the money to grow, we need to invest.

Cryptocurrencies have made a good return portfolio for many people throughout the world. It is a great opportunity for us to make the best use of it. All we need to have is a smart device with an internet connection. But, the relatively new concept makes us a little uncomfortable to trade and so we look for auto trading robots. This is also the case of forex robots.

We have plenty of opportunities and we might get driven by the extended advertisements they make. We will have to choose wisely the opportunities. The reason is that of the scams that are out since the advent of these auto trading robots.

They ascertain huge success rates and great daily returns. The numbers are all beyond our expectations. It is pretty much eye capturing. But, the real picture is quite alarming in the negative direction. The information they try to portray is different in all the aspects.

They claim to provide free demo accounts. But, they actually do not provide the same. Olymp Trade is an example. We will have to research a lot before we choose a platform to trade. We have to know the reputation of the owner, the expertise the entire team has on the trading front, the value of their identity and their analyzing capacity. This is of prime importance. The reason is primarily that we are providing our hard earned money. Olymp Trade is one among the crypto robots who have projected a lot but failed to achieve. It is good not to be fallen on the trap even unknowingly. Learn more about every single step you take and make the opportunities fall in place for you. It is good to have agreed for money, but that should not let you fall on the bad trap.

Lost Your Partner Or Best Employee In Business? This Is How You Sail Through

Lost Your Partner Or Best Employee In Business? This Is How You Sail Through

Whichever kind of business you are running; it is a fact that you would have a lot of dependencies all throughout. You mostly depend on the team, some reliable resources and have a very restricted understanding regarding the market and competition in order to achieve all the goals that you have set for yourself. Just like other entrepreneurs, you too must be having at least one-star employee or business partner without whom you can never imagine taking your business to new heights.

That particular person might be excelling in any field. From operation to HR and accounts to marketing, he or she might have the best of knowledge to deal with circumstances and bring the most suitable plans to resolve the issues. Basically, this person becomes the center of your business, which you trust immensely.

However, what if, for any reason, this employee plans to leave your team? How would you react and would you be able to take the news positively? Let’s us find out what kind of situations might arise and how you can deal with them.

How to manage

Some of the points to keep in mind under such circumstances would be:

  • The first thing that you need to remember here is that there is no position in your workplace that cannot be replaced. You might have had an outstanding employee in the past, but don’t forget that the market has uncountable ones waiting for the right opportunity from business owners like you. Conduct interviews again and try to find the perfect candidate who fit in the requirements as appropriately as possible.

 

  • Once this employee has left, make sure you check for the damages left behind. Try to evaluate all the paperwork done by him in the past and fix any kind of loopholes as soon as you can to avoid any mishap in time to come.

 

  • After the evaluation is done, make a detailed list of all the pending and urgent tasks that were to be handled by this individual and deal with them positively in order to not let your business hamper in any way. Set your priorities clearly and complete these tasks step by step to avoid any confusion or hurry.

 

  • You can also give it a second thought whether you need another employee to fill this position again. If you think this position can be dissolved or the tasks assigned to the person working in this post can be divided amongst other trustworthy employees, then consider this idea as well.

 

  • If you hire a new employee for the same position, then concentrate on creating a new model for this person and give him or her an insight on what you are expecting out of them.

Such wise actions and balanced thinking can hardly be seen in some companies like Olymp Trade. Probably this is the reason Olymp Trade seems to be suffering in terms of reviews and popularity.