Financial Advisor Locator

Great Service to Connect You with Right Qualified Finance Advisors

Archive for the ‘Financial Titles’ Category

Once, introductory savings bonuses were rightly called a scourge. Yet with UK interest rates at 0.5%, these days they effectively provide a cast-iron rate guarantee. So while the sentiment of the Sunday Times call for banks to stop offering them is fine, I worry the timing is dire.

The papers money section front page was emblazoned with the headline Banks: give us a fair deal on savings, (this link goes to a paid firewall) with a five-point plan for savings providers. Most of the points are the type weve supported for years, like “dont limit withdrawals” and “make accounts simpler”.   

But the first point concerns me. It calls on banks and building societies to…

Offer clean easy-access savings rates that do not include an introductory bonus that will be withdrawn after a set time.”

Why this could be dangerous right now

It assumes clean accounts pay consistent rates. Yet

Read full post…

Facebooks upcoming IPO is causing some excitement in IG Index and Spreadexs grey market trading after the spread betting providers started a market in the stock.

Facebook is readying to go public following the floating of technology companies LinkedIn and Groupon. In particular Spreadex has started quoting a market allowing spread traders to trade on the percentage change of Facebooks stock on its first days trading.

Read full post…

What are credit cards for bad credit?

Posted by admin On January - 19 - 2012 No Comments »

credit card offersToday there are many credit card offers available for people with different credit score. For example, credit cards for bad credit are created for people who, because of their damaged credit status, can not get a normal credit card. Credit situation of some people can be damaged, because of unavoidable financial requirements or if they being attracted to luxurious lifestyle borrow from different sources and can not repay the loan. Such people are marked by outstanding late payment, less payment, defaults, bankruptcies etc. Credit cards for bad credit are the option left to them.

The great disadvantage which the holders of credit cards for bad credit may find is interest rates. Read full post…

Stay Out of the 401k Penalty Box

Posted by Olen Phillips On January - 19 - 2012 No Comments »

      The Penalty Box

      High sticking in the NHL will get you a minimum 2 minutes in the penalty box.

      Same rules apply for cross-checking. In more severe cases, the penalty can be doubled that.

      The bright side to all that is after the penalty time expires, you are allowed back on the ice to play again.

      Hopefully, with no harm to the team.

      In retirement planning, this is often not the case, especially when it comes to your 401k.

      If you find yourself in a financial emergency, you might consider withdrawing money from your 401k.

      It might seem logical to use your own money to help yourself out of a financial bind, but there are penalties and taxes to be paid on money withdrawn from a 401k before retirement age.

      Before considering this option, it is wise to be familiar with the taxes and penalties that will be charged.

      The government considers a 401k strictly for retirement funding.

      Read full post…

      Tags: Box, Penalty Box

      In 1978, a group of farmers in a Chinese village called Xiaogang wrote a secret contract and hid it in the roof of a mud hut. They were afraid the document might get them executed. Instead, it wound up completely transforming the Chinese economy.

      On today’s show, we travel to Xiaogang, and hear the farmers’ story.

      Subscribe to the podcast. Music: 陈慧琳’s “希望.” Find us: Twitter/ Facebook/ Spotify.

      “Detroit Knows Cars” Automobile Fine Art Show

      Posted by Olen Phillips On December - 31 - 2011 No Comments »

      “Detroit Knows Cars” automobile fine art show is making its premiere in Detroit! The exhibit will open January 7 at 6 p.m. in the Chase Tower Building lobby (611 Woodward Avenue).  This free fine art show features members of the Automotive Fine Art Society and artists who have exhibited at Concours d’Elegance, the finest classic and collector car events in the country.

      Focusing on the aesthetics, beauty, and significance of automobiles, these collective works illustrate many different art styles and techniques including painting, photography, and sculpture. The exhibit will be open from January 7 until January 28 from 6:00 a.m. to 6:00 p.m. and coincides with the North American International Auto Show, which opens to the public at Detroit’s Cobo Center on January 14.

      Why do we write about Detroit? We believe in Detroit’s future.

      What do I do if my MP is the Speaker?

      Posted by Olen Phillips On December - 13 - 2011 No Comments »

      I was slightly stumped by this question yesterday. I had tweeted asking people to take 2 minutes to write to their MP to encourage them to attend the financial education debate in the Commons this Thursday, on the back of the e-petition hitting 100,000 signatures.

      This was one of the first replies I received and it got me thinking. For those who don’t know, the Speaker of the House of Commons is currently John Bercow, who is the presiding officer of the chamber, and a sitting MP. By convention the role is non-partisan and the Speaker never votes or takes sides in any debates.   

      While of course this is a good idea for the man having to referee our heavily adversarial system – where does it leave constituents? They have a Member of Parliament they can’t lobby or push to engage in politics, effectively disenfranchising them from big political activity. Of course

      Read full post…

      GFT Markets updates its Binary Product Offering

      Posted by Olen Phillips On December - 7 - 2011 No Comments »

      GFT has announced that it has added a number of additional markets to its binary offering.

      We are told that GFTs binary dealing platform was designed in-house specifically for binary traders. Every aspect of the binary platform, including the revolutionary DealWheel trading tool, has been developed to permit traders to react quickly to fast-moving binary markets.

      New markets consist of -:

      • Hourly up/down and ladder binaries for all of GFTs 10 FX pairs
      • Netherlands 25 up/down and ladder binaries
      • Daily Euro Stocks 50 up/down and ladder binaries
      • Daily AUD/USD ladder binaries
      • Daily AUD/JPY ladder binaries
      • Daily EUR/JPY ladder binaries
      • Daily USD/CAD ladder binaries
      • Daily GBP/JPY ladder binaries

      We are pleased to continue with our long tradition of listening and responding to our customers and delivering the markets they want to trade, stated Jo Benton, Global Product Marketing Director for GFT Markets.

      Read full post…

      Tags: Offering
      bookmark