Finance - Alone at Home

Tips for choosing the best insurance company for your car

26Aug

By Olivia WilsonNo Comments

Finance

Tips for choosing the best insurance company for your car

The main loss you can face from having a car without insurance is financial, since any repair or medical attention, whether to your car or that of an affected third party, would have to come out of your pocket. In addition, having this protection allows you to obtain additional services that will make your life easier in case you have a simple problem to solve, such as changing a tire, switching on the battery or opening a door because you do not have the keys. "When you buy insurance, you hope not to use it" is a maxim that is used frequently in the insurance industry. But when you need your insurer, you want their service to be the best and to assist you promptly and efficiently. What do we evaluate to purchase auto insurance? Normally the first and only asp...

28Jul

By Olivia WilsonNo Comments

Finance, Loans

Learn about Bumiputera Business Loans

In the wake of the COVID-19 pandemic, many businesses old and new will be struggling to survive. The pandemic caused irreversible damage to the exiting economy in Malaysia that will take years to recover from. While there are some long-term benefits that appear to be emerging from the pandemic, the business landscape will have to fully recover before it can start taking advantage of these new benefits. Luckily for Malaysian business owners, the government has created a Bumiputera business loan scheme to help businesses stay afloat and weather any potential issues that may arise. Many businesses in Malaysia can benefit from a Bumiputera business loan, as the loan itself can help offset some of the operating costs that many businesses accumulated during the pandemic. Plus, since a ...

Is a Rental Property a Better Investment Than a REIT?

5Jul

By Olivia WilsonNo Comments

Finance

Is a Rental Property a Better Investment Than a REIT?

Real estate has the potential to be a highly lucrative investment. If you pick the right assets, get started early, and commit to a solid strategy, you can multiply your initial principal and establish a stream of incoming cash that could fund your retirement. But when you pursue real estate, you have a lot of options. One of the most common ways to get your feet wet is to purchase a rental property (and possibly hire a property management company to look after it). If your total rental income exceeds your expenses, you’ll make a nice profit. On the other hand, you could invest in a real estate investment trust (REIT), which is a stake in a company that manages real estate professionally. It’s a way of getting indirect exposure to the real estate business without requiring you to...

How Financial Advisors Can Help Business Owners

19Jun

By Olivia WilsonNo Comments

Finance

How Financial Advisors Can Help Business Owners

Many small business owners start their business without first getting insight from an experienced financial advisor. You wouldn’t start a long road trip or vacation without planning it first, right? So why would you start your own business before consulting the right person about your finances? In fact, 60% of business owners have never met with a financial advisor. In this article we’ll give you a few reasons how a financial advisor can help your small, medium or large business. A financial advisor has the expertise and experience to help you make the most of your initial investment into your business. They can help you assess your business model and outline strategies and timelines for profitability. Business Owners Need Help As a small business owner, you wear many hats ...

9Jun

By Olivia WilsonNo Comments

Finance

Tips for Asset and Facility management

Businesses are in continuous evolution, and it brings the need for them to adapt to remain operational. As the working environments change, there are new challenges that arise. It is why management needs to be all the more careful with how they manage their assets and facility. Overseeing the performance of these items will ensure increased productivity and efficiency. Ventures will profit by having enterprise management software and having a holistic facilities management structure. The business tools will help in learning the present-day challenges that your firm may be experiencing. From that, the management can develop the best practices and consolidating them into everyday obligations. The following section will offer tips to aid you with planning for assets and facilities managem...

10 Ways to Protect Your Financial Future

2Mar

By Olivia WilsonNo Comments

Finance

10 Ways to Protect Your Financial Future

Your future is everything. You may have a great job now, but are you confident that it’s going to last you the next 30 years? The next 10 years? You may have a decent amount of savings, but how long will that last you if you face a true emergency? If you want to improve your financial standing and guard against major threats, you’ll need strategies in place to protect your financial future. So what are the best strategies to accomplish this? How to Protect Your Financial Future Protect your financial future with these important moves: 1. Set long-term goals. First, make sure you’re setting long-term goals. Many people live their entire lives only focused on the short-term; they want to pay all the bills on time this month or get through the end of the y...

26Feb

By Olivia WilsonNo Comments

Finance

How Islamic banking works

Banks in several Muslim nations function very differently from conventional western banks. The style in which they operate is called 'Islamic Banking'. It is broadly governed by the law of Sharia. Here is a look at key differences between Islamic and conventional banking practices. Overview Islamic banking is characterized by profit and loss sharing (PLS) between the bank and client. Central banks certainly maintain oversight. Moreover Islamic banks come under the supervision of Sharia boards. They ensure that the products and services offered by Islamic banks are Sharia-compliant. Islamic finance is as broad-based and complex as banking systems anywhere in the world. Yet, it is solidly based on a few core principles. These include: Prohibition of usury (riba)Prohibition of uncer...

Investing in Mutual funds – is it a good choice and is it worth it?

3Feb

By Olivia WilsonNo Comments

Finance

Investing in Mutual funds – is it a good choice and is it worth it?

Many traders are confused about what a mutual fund is, even though they heard about it multiple times. To put it bluntly, it is money from public investment used to buy bonds and stocks. The value depends directly on the securities' performance it decides to buy. It means when you buy a share of a mutual fund (you can buy a unit as well), you are buying the performance of an individual portfolio, or rather part of its value. However, don't equate investing in a mutual fund share with investing in stock's share. If you are part of a mutual fund, you don't have any voting rights as a holder. A mutual fund is a compilation of investments in different stocks instead of one. Are they safe? Mutual funds didn't gain immense trust because many companies are unfamiliar to investors and legit...

Beware: How Forex trading and Binary options scammers took advantage of the Covid 19 pandemic

14Jan

By Olivia WilsonNo Comments

Finance

Beware: How Forex trading and Binary options scammers took advantage of the Covid 19 pandemic

Scamming is a pandemic that seems never ending. This pandemic is targeting almost all countries, especially countries with a high level of digital transactions such as the United States, Australia, Western European countries and East Asian countries. In the conditions of the Covid-19 pandemic, it seems that we are facing two types of pandemics at once; The Covid-19 pandemic itself and the scamming pandemic involving two types of digital money businesses; binary options and Forex trading. Binary options Binary options may seem tempting but which many people don't realize, they can be an entry point for scams. Basically binary options are "all or nothing options." Some people call it the "fixed return option." This option works on a concept similar to that of gambling; if you predict ...

Algorithmic Trading Strategy: definition and how that work

13Jan

By Olivia WilsonNo Comments

Finance

Algorithmic Trading Strategy: definition and how that work

The Algorithmic Trading is an automated system where computers make trading decisions based on algebraic equations describing the price action with numbers and formulas. While observing the financial markets and the price action during a certain period, Forex traders could have noticed that the price action has repetitive conditions or cycles with the same performance. What’s more, the technical analysis and indicators could have similar patterns and signals, describing the price action in numbers. Trading signals, reversal conditions, breakouts, and accelerations come in line with certain parameters, which might be used to create a forex algorithm trading based on the if-then statement. This market’s feature is used in the creation of trading systems and strategies based on technical ...