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Investing

Trading Option: Bullish Trading Strategies

options strategiesAre you trading option? If so, there are various strategies you can use to improve your odds of getting a positive ROI. Below are three bullish trading options you can use:

Note: To successful apply any of the three strategies below, you will first need to sign up with one of the best online stock brokers in the market.

Call Spread

Bull Call Spread – Buy ATM (lower strike price) Call and sell OTM (higher strike price) Call with 45 days or greater until same expiration date in moderately Bullish markets that are trending up.

Entry Rules
Bullish expectations for the underlying asset.
Pay no more than $2 for a $5 spread, and $4 for a $10 spread, including commissions.

Exit Rules
– Close position if it falls to 60% of purchase price.
– Close position 30 days to expiration.
– Evaluate position at 90-100% profit.
If you are still Bullish, close 50% of position to take your money off the table.
Close out the remainder of position at 75% – 80% of maximum spread.

Profit & Loss Calculations
Maximum Risk – Limited to the net debit paid for the spread
Maximum Profit – Limited to difference in strike prices … Read the rest

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How to Send Money Overseas

Saving When You Send Money Overseas

There are many different ways to send money overseas. One well known option is the Western Union Money Transfer service. It is an example of the popular Cash Collection type of service, where the sender pays cash over the counter and the recipient abroad collects the money over the counter soon afterwards.

Another sending money overseas is through currency exchange. For example, you can sell Bitcoin for Paypal to get funds quickly to your loved one’s Paypal account.

While the Cash Collection type of service has many advantages, it is usually the most expensive method.

If you choose a method of sending money overseas carefully, you may make considerable savings. However, there is more to making the right choice than just getting the best exchange rate, or lowest fee. Factors such as availability, ease of use, security, speed of delivery, means of delivery, choice of currencies, set-up lead time, and sending and receiving limits are often just as important. Such factors should be considered when you want to engage in any transaction, even if you want to exchange PayPal to Perfect Money.

Important Terminology You Should Know

“Official” Exchange Rates
People often use … Read the rest

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Should You Invest in Gold Coins or Gold Bars?

Gold has known to be a great insurance method during economic crisis situations throughout the decades. It has even helped people through complete economic crashes. Gold is a strong assets to own because it is not backed by a third party promise or responsibility. With popular capital asset, such as bonds and bank savings, they rely on the responsibility of said individual to pay and other underlying factors that are not within the actual owners control.

Finding out what type of gold to buy is one of the most asked question to this date. It is not always easy to answer this question as it greatly depends on the individual’s needs. People have quite a hard time deciding what is better for them to invest in, gold coins or gold bars. These two options are completely valid choices to pick from, but very few actually know what the difference is between them. To simplify the process for you, below is a quick explanation of the two:

Gold coins are smaller amounts of gold, but can easily be traded. It is a world wide accepted currency and many are more familiar with the gold coin than the gold bar. The … Read the rest

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Different Types of Mortgage Loans (2016 Update)

mortgage loanRefinancing your mortgage will help you make regular monthly payments, thus if you have bad credit, it is good to improve your credit score before refinancing. Check Credit Repair Reviews for information on how to improve your credit score

The current state of the U.S. economy has led a rise in the number of households facing foreclosures. Some families decide to foreclose their homes while others choose to refinancing their home mortgage loans.

Regardless of whether you are able to pay your mortgage or not, a mortgage refinance plan is an essential part of owning a home. Furthermore, if you are having financial difficulties and are unable to make your payments on time, then you need to apply for a bad credit mortgage loan.

Before applying for a mortgage loan, you should take steps to improve your credit score. The higher your credit score, the greater your chances of getting approved for financing. There are various programs that can help you improve you credit score. One of them is the Smart Money Secret Ebook. You can read the Smart Money Secret book review for more information

What Are The Different Types Of Mortgage Loans?

You need to understand the various … Read the rest

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How Does a FHA Mortgage Work?

fha mortgageFHA backed loans allow borrowers with credit scores below 620 to be able to own a house. The loans allow
borrowers to offer down payments as low as 3.5 percent and come with flexible underwriting standards. The mortgage is designed for first-time buyers but available to everyone.

FHA Mortgage Approval

The FHA loan is insured by the Federal Housing Administration (FHA). To qualify for the loan, a borrower and the property to be bought must meet some minimum criteria, which include:

  • Borrowers must have a credit score of at least 500.
  • Borrowers must have a debt-to-income ratio of 43 percent or lower
  • A down payment of 3.5% or more is required for the loan

The property to be bought by an FHA loan must have a roof that is intact. Apart from this, it should have utilities that are “turned on” and independent of the property. Finally, water should drain away from the home and not towards it. You can read more requirements of FHA loans here.

FHA Lenders

The FHA is an insurer and not a lender. Therefore, if you are interested in applying for an FHA loan, you must work with lenders approved by the FHA. The lenders … Read the rest

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