Day Trading Basics: Limit Order and Other Terms

money-spruce-giveaway

Day trading is an excellent way to figure out how to come back from a terrible cublice job and embrace the real work of capitalism. The essence of capitalism is to acquire capital that will do your work for you. The return on capital is greater than the return on labor, so you should choose capital. Day trading, if you learn the proper strategies and techniuqes is a great way to get capital and put it to work for you.

Limit order is a term which day traders must be familair with. It is essentially and order to buy or …

Continue reading...

Smart Ways to Become Financially Successful

Handling the household finances can, I mean, is a tough job and is not to be taken lightly.  The wrong money moves and you could be set back years in debt, while risking saving for the future.  Whether it’s a family or friend that you can trust, or the opinion of a professional, it’s always a good idea to make sure that you are maximizing the potential of the finances, to make sure you are in good shape going forward, on the path to becoming financially successful.

Preparing for the Unexpected

You never know what life will throw at you, …

Continue reading...

How You Can Save Money Around the Holidays

Now that we’re in mid-November, holiday shopping is about to go in full-force, if it hasn’t already.  This doesn’t just include Christmas shopping and party planning, but also around Thanksgiving as well, which can add up to be another costly holiday, which makes all the more reason to save money where you can.  By starting as early as you can at least you can break up the burden over many paychecks instead of all at once, but there are also a few tricks where you can maximize savings.

Set a Budget

If you’re not careful, you can add up …

Continue reading...

Smart Ways to Invest in Your Own Future

Although it may be decades until you retire, it may sound cliché to start the earlier the better, but it is 100% true.  The longer you wait, the less you will have in your account to compound over the next few decades.  By missing out on contributing a couple hundred dollars a month could be missing out on a few hundred thousand over time.  If you can make the sacrifices early on to free up extra money, the money you are contributing will feel like less of a burden so you can invest in your future.

Build an Emergency

Continue reading...

How to Help Reduce Monthly Expenses

It’s hard enough to make sure that the amount of money coming in exceeds what’s going out.  By the time you pay your monthly bills, not to mention food, gas, spending, plus hopefully creating an emergency fund and saving for the future, the money is spread pretty thin.  While, sure, you could get a second job to make a little more money, but who has time for that, so the next step is to try and free up money on monthly expenses wherever you can find a spot.

Try a Spending Budget

While clearly not for everyone since experts …

Continue reading...

Smart Ways to Save on Your Food Budget

After paying out all of the needed monthly expenses, whiling continuing to fund your emergency fund, pay down debt, not to mention saving for the future, there may not be much left every month, making it all more important to save every way you can.  Depending on the size of the household/number of incomes, the food budget could take up a significant portion, after all we do need to eat, so any way to free up extra money in that department would be a huge help.

Avoid Going Out to Eat

Whether it’s stopping for coffee in the morning, …

Continue reading...

Update Your Offices into the 21st Century

It seems that we live in a world of ever-changing technology. It appears new advances are made almost daily in different professions. Twenty years ago would we have guessed that operations could be performed by instruments controlled by computers? Would we have thought that there was a chance at self-driving cars? We have enhanced HD screens that offer 3D and virtual reality. We literally have more technology in our phone than the astronauts did on their first trip to the moon.

Office furniture though, it has been progressing at a much slower pace. With all the advancements in technology, it …

Continue reading...

Where to Buy Properties in Canada

Though Canada has a very similar lifestyle and quality of life as in the United States, the real estate market there is much more stable. The Canadian real estate market didn’t experience the crash that the States experienced, and in the last few years, has gone up in value, making great returns for those who invested. It’s difficult to generalize the entire country’s market, so we have broken it up into cities that might be interesting for potential American investor.

Toronto

No, it’s not the capital of Canada, but it is its biggest city, boasting a population of 2.8 million, …

Continue reading...

Ways You Are Jeopardizing Your Wealth

Sure, maybe money isn’t the most important thing to everyone, certainly you have always heard that money doesn’t equal happiness, but there is a fine line on needed enough money to live off, especially during the retirement years when you should be able to leave the workforce behind and enjoy out your remaining years stress-free.  Soon enough you’ll be of retirement age, so it’s best to focus on your personal wealth sooner than later, otherwise you will either be playing catch up, or have little to live off.

Putting Off Saving

A 401(k) account is a great way to save …

Continue reading...

4 of the Biggest Credit Card Myths

While there are virtually endless amounts of credit card offers that come in the mail, or you have one that you’ve had but only keep for emergencies, you may not be taking full advantage of the benefits of all that a credit card can do for you.  While they may have had a bad reputation in the past, there are actually more pros then cons for having one, as long as you can curb the spending, so ignore any myths that are out there.

Having a Card is Unnecessary

Well, it’s not life or death that you have a …

Continue reading...