An Individual Savings Account (ISA) is a tax-efficient investment vehicle available to UK residents. ISAs allow individuals to save or invest money without paying income tax, dividend tax, or capital gains tax on the returns. There are several types of ISAs, each catering to different...
Category: Economy
Can you make money Day Trading?
Day trading is a volatile market and one should not just step in to the day trading market without knowing a few important key aspects of day trading, and how to be successful trading on the open market. Ninety percent of day traders usually lose...
What is a Binary Option?
Binary options are financial options wherein the payoff is either a fixed money amount or nothing at all; sometimes referred to as all or nothing options. The term all or nothing is more commonly used in Forex or interest rate markets. Making money online with...
Investing in Cryptocurrencies
What is a cyptocurrency? A cyptocurrency is a currency that is digital with encryption codes that uses set techniques, which are used to regulate the generation of units of currency when verifying funds; when operating independently from a bank. How Does Cyptocurrency Work? First, let’s...
What Is a Fiduciary Advisor?
What is a fiduciary? A fiduciary is a person or legal entity; such as a bank, or brokerage firm, that has the power, and responsibility of acting on behalf of another. The person they make financial decisions for is usually called the: beneficiary, or principal....
Saving for your grand children
It can be very expensive to have a child. The child requires diapers and a lot of other expensive things. If the mother want to spend some time at home with the baby then the family will lose income. If the mother returns to work...
What is a annuity?
Annuities are insurance contracts whose payments are guaranteed by the company issuing the contract; and can be used as part of a retirement strategy, or a long term investment. Everyone in today’s world wants to have financial security. The timeless adage, “money makes the world...
Saving money for your children
The best thing you can do to give your child a good start in life is to start saving money for it the day it is born. Compounded interest will allow the money to grow and the money you save the day the your child...