15 Numbers You Need To Know To Make Smart Financial Decisions

The Wall Street Journal lists 15 important numbers that everyone should know to make better financial decisions. Here they are, broken down by category.

The post 15 Numbers You Need To Know To Make Smart Financial Decisions appeared first on Bible Money Matters and was written by Peter Anderson. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

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Ask the Readers: What Are Your Goals for 2020?

Woman writing down goals for 2020

Happy New Year! With the fresh new year ahead of us, now is the perfect time to take stock of your goals for 2020.

What are your goals for 2020? Why these goals? What steps will you be taking to achieve these goals?

Tell us about about your goals for 2020 and we’ll enter you in a drawing to win a $20 Amazon Gift Card!

Win 1 of 3 $20 Amazon Gift Cards

We’re doing three giveaways — here’s how you can win:

  • Follow us on Twitter
  • Tweet about our giveaway for an entry.
  • Visit our Facebook page for an entry.
  • Follow @janetonthemoney on Twitter.

Use our Rafflecopter widget for your chance to win one of three Amazon Gift Cards:

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Giveaway Rules:

  • Contest ends Monday, January 6th at 11:59 p.m. Pacific. Winners will be announced after January 6th on the original post. Winners will also be contacted via email.
     
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Good Luck!

Tell us about about your goals for 2020 and we'll enter you in a drawing to win a $20 Amazon Gift Card!


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13 Easy Ways to Invest with Little Money

This page may include affiliate links. Please see the disclosure page for more information. A common misbelief is that one must be rich to invest. It’s easy to invest with little money in a variety of assets and save for your goals. More platforms let you “micro invest” and purchase small amounts of expensive assets.  Even if…

The post 13 Easy Ways to Invest with Little Money appeared first on Debt Discipline.


13 Easy Ways to Invest with Little Money was first posted on December 3, 2020 at 12:00 pm.
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How to Invest in Real Estate — Even if You Don’t Have Much Cash

Investing in real estate is some of the oldest and most reliable financial advice in the books. Few other assets can compete with real estate’s vast array of benefits. These benefits include tax advantages, appreciation,…

The post How to Invest in Real Estate — Even if You Don’t Have Much Cash appeared first on Crediful.

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How To Start Investing With $100 Or Less

If you want to know how to start investing, but have less than $100 to invest, the 15 investment options in this article are a good place to begin.

The post How To Start Investing With $100 Or Less appeared first on Bible Money Matters and was written by Marc. Copyright © Bible Money Matters – please visit biblemoneymatters.com for more great content.

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How to Invest Like Mark Cuban

Mark Cuban’s advice is universal: Focus on eliminating debt, saving money, and living cheaply. Here’s more advice from the man worth $4.1 billion.

The post How to Invest Like Mark Cuban appeared first on The Dough Roller.

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Fidelity Vs. Robinhood: Is One A Clear Winner?

Fidelity and Robinhood both give you options to invest for the future, but they do so in very different ways. Find out which might be a better fit for you.Fidelity and Robinhood both give you options to invest for the future, but they do so in very different ways. Find out which might be a better fit for you.

The post Fidelity Vs. Robinhood: Is One A Clear Winner? appeared first on Money Under 30.

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Forex Trading Margin: What Is it, and Why Should You Care?

Forex trading and investing

The Forex industry is a very interesting one in that Forex traders have the ability to trade in far more currency than their principal investments would generally allow. This is the result of what’s known as a “trading margin.” So what is this trading margin, and why exactly should you care? Let’s talk about it!

Forex Trading Margin: What Is It?

A Forex trading margin is a ratio that defines the leverage a trader has in the market. Trading margins in the world of Forex range from 10:1 to 50:1 on average. So, when it comes to Forex trading, a $1 principal investment gives the trader the ability to trade from $10 to $50 worth of currency.

Forex Margins Are the Same as Stock Market Margins…Right?

For the most part, Forex margins and stock market margins are about the same. However, there are a few key differences:

  • Margin Interest – A trading margin is essentially a loan. For every dollar the investor puts up, the broker adds a significant amount of money in Forex. However, Forex brokers generally don’t charge interest on the money they put toward your investments. On the other hand, stock brokers generally charge interest on these loans.
  • Margin Size – In the stock market, brokers generally offer 2:1 margins; however, in the Forex market, the minimum margin a trader will generally find is 10:1. Therefore, Forex margins give traders more leverage in the market than stock market margins.
  • Margin Calls – Forex traders generally aren’t susceptible to margin calls. Unfortunately, that’s not the case for stock market investors. A margin call happens when a trade moves against the trader. At this point, brokers will require the investor to add to their cash deposits.

Forex trading and margin trading

Forex Trading Margins: Why You Should Care

Margins can work for you, and they can work against you. To be profitable in Forex, it’s important to understand the advantages added by margins as well as the risks. Here’s how the advantages and risks work:

  • Added Advantage – Think about what leverage really does for Forex traders. With $200 as a principal investment and 50:1 leverage, Forex traders can take advantage of movements on $10,000 worth of currency. That gives traders a big advantage when it comes to realizing gains in the market.
  • Risks – On the other hand, high margins can also work against you. That’s because when trades don’t go in your favor, the size of the loss you take will be increased by the margin.

Final Thoughts

If you’re looking to trade Forex, it’s worth the time to do a bit of research on trading margins and how they can help you as well as hurt you. Leave a comment below if you have any specific questions!

This article was written by Joshua Rodriguez, owner and founder of CNA Finance.

The post Forex Trading Margin: What Is it, and Why Should You Care? appeared first on MintLife Blog.

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