Multiple Sources Of Income – How The Rich Get Richer
If you have never heard of multiple sources of income – or MSIs as they are often referred to – then you are not alone. Most of the general working population have not heard of them. It is not something which is talked about at school, it’s not seen on TV much and most of your friends probably have no idea so they will not discuss it with you.
Starting an online business entity is never easy especially with so many potential competitors working their way to reel in users. E-commerce is evolving and growing creating more chances for businesses to earn their revenue. The most riveting benefit of online presence is that any size of business can start up a new venture for a target market. Prospective customers are just a click away so you can have direct interaction with your buyers. A well marketed company that exists online acts as a significant component for your marketing strategy. It helps in reinforcing your brand to build an enticing image. The internet technology has opened up new horizons for businesses to provide better, customer support that ensures repetitive sales which ultimately leads to increase of profitability.
Today I’m going to be talking about the EU referendum,I mean this is the single biggest marketing event has been on everyone’s lips it’s been on the media. it’s just been everywhere for for the past couple of months now so you know I think as traders it’s very important that we break this down and we look at how the EU referendum is going to affect financial markets now always as usual must tell you guys that this is not advise to trade any particular instruments you know this is purely an impartial look on the reasons of the referendum and how and why that may affect financial markets.
We’re going to focusing on understanding the forex currency quote.
Now to do that we have to know about what are the axle major currencies in the market there are basically seven major currencies. they are:
1. EUR/USD: Euro versus U.S. dollar
2. USD/JPY: U.S. dollar versus Japanese yen
3. GBP/USD: Great Britain pound versus U.S. dollar
4. AUD/USD: Australian dollar versus U.S. dollar
5. USD/CHF: U.S. dollar versus Swiss franc
6. USD/CAD: U.S. dollar versus Canadian dollar
7. NZD/USD: New Zealand dollar versus U.S. dollar
Alright 90% of all forex trade basically involves the US dollar.These currencies are deemed the most liquid.
Lets talk about popular a currencies in that is the euro
and the dollar typically you’ll see that really as
EUR/USD that is the euro & dollar and remember a currency pair is trading one for the other where we have a based currency and a counter currency or the quote currency.Reading Forex quotes is very easy once you get the hang of it, because it only has two components: the base currency and the counter or quote currency. When the dollar is the base currency, the quote as telling you I think it’s worth it another currency.The currency to the left of the forward slash is known as “the base currency” while the currency on the right is termed the quote or counter currency. The base currency ALWAYS has a value of 1.
The position of a currency in the quote is strictly determined and standard. For the Euro and U.S. Dollar pair, it is EUR/USD and never USD/EUR.
Quote the most recent market price of a financial instrument in which a buyer and a seller agree to transact at a special price, usually known as the exchange rate was traded.
Currency quotations appear in pairs. A Forex quote is usually given as EUR/USD = 1.4230. This means: 1 U.S. dollar equals 1.4230 euro, the same goes tocryptocurrencies like bitcoin, check the bitcoin trading bot review for more information.
Forex price quoted to four or five decimal places. Having a pricing that goes to the fifth decimal place has several advantages, such as:
Reduced difference between the bid and asking price, which translates in smaller transaction costs.
Better liquidity and improved execution for the trader.
Higher accuracy in price execution.
In the case of the Japanese yen, the situation is slightly different when compared to other currency pairs. A yen pair is usually given as USD/JPY = 118.43. This means: 1 U.S. dollar is equivalent to 118.43 Japanese yen.
There are two types of quotes: 1. Direct quote: Price of a foreign currency is denominated in certain units of the national currency.
2. Indirect quote: Price of the national currency is denominated in certain units of the foreign currency. For example, USD/JPY is a direct quote for Japan.
Huge News today in the world of social networking services. Microsoft has announced it will acquire links, social network for professionals, with about 433 million users, for $ 26.2 billion, $ 196 per share, in cash. The transaction has been approved by both parties.
Microsoft is buying professional social networking site LinkedIn for $26.2B billion U.S.dollars. Microsoft says it will pay $196 dollars a share in an all-cash transaction. That’s an almost fifty percent premium to LinkedIn’s stock market value as of last Friday. Under the terms of the deal, LinkedIn will retain its own brand and independence and CEO Jeff Weiner will stay on. Microsoft CEO Satchya Nadella said the two companies share a mission of connecting the world’s professionals and helping people work more efficiently.The deal is one of the largest tech takeovers on record and is expected to help Microsoft gain a solid foothold in the social network market.
Microsoft to buy LinkedIn for $26.2B In cash.
Today is a re-founding moment for LinkedIn. I see incredible opportunity for our members and customers and look forward to supporting this new and combined business,” said Reid Hoffman, one of the co-founders and current chairman in a statement. “I fully support this transaction and the Board’s decision to pursue it, and will vote my shares in accordance with their recommendation on it.
Associated with the brand and its products will be retained, and become part of the Microsoft productivity and business processes. Jeff Weiner, LinkedIn CEO, will report to Satya Nadella.
The deal for Microsoft to buy for $ 26.2B LinkedIn is a big step for both sides. For Microsoft, it’s a key to the company’s strategy to build more services for the job. Microsoft today is mainly focused on software.
LinkedIn will give the company a far wider reach in terms of social networking services and professional content.Early indications social network Yammer for $ 1.2 billion company with 2012 kicks off.LinkedIn’s wider social network could also allow Microsoft to use it as a potential sales channel to sell more of its products.
The LinkedIn team has grown a fantastic business centered on connecting the world’s professionals,” Nadella said in a statement. “Together we can accelerate the growth of LinkedIn, as well as Microsoft Office 365 and Dynamics as we seek to empower every person and organization on the planet.
For LinkedIn, the official declarationof Microsoft to purchase LinkedIn unity puts to blazing descend questions of how would the social media company compete considering companies that are aiming to construct greater than before developed software upon top of their social graphs. For a while, it seemed like this was the direction that LinkedIn aimed for.
Recently, however, problems with user and revenue growth and subsequent decline in the share price, link put on the defensive. However, even with a share price below a 12-month high of $ 258, link one of the technology companies in the public markets remains better performance.
Just as we have changed the way the world connects to opportunity, this relationship with Microsoft, and the combination of their cloud and LinkedIn‘s network, now gives us a chance to also change the way the world works,” Jeff Weiner added in the statement. “For the last 13 years, we’ve been uniquely positioned to connect professionals to make them more productive and successful, and I’m looking forward to leading our team through the next chapter of our story.
Today We will look into What is forex broker is and what services they bring it to you. A broker as an individual or a firm otherwise known as the middleman, prime responsibility of a broker is to bring sellers and buyers together that for brokers the third person facilitator, between the buyer and seller that job is to act as an intermediary by arranging transactions by aggregating price feeds in quotes from multiple banks traders institutions and other parties that connected to the market.
Through all of these prices coming in from buyers and sellers , it just brokers job to match all of these parties at by connecting them to one another in the market through the connection the first make between the parties the participants have option to buy and sell given financial instrument in exchange for the brokers services small commission for trade is charged.
Forex market place where buyers and sellers meet in different currencies. Most of the time, they can be miles apart. For transactions to take place should be a mechanism that will facilitate them. This is where the broker comes in the picture. Essentially acting as an intermediary between the various traders who are actively engaging the market.
Primary Function: They are a very important link between the people and the Forex market are
For example, one of the most basic, to say you are a seller and you need a buyer of a particular currency for the transaction. By going to a broker you will be sure to be matched with a buyer and as a result of the completion of the exchange rate of your choice. In other words, forex broker as an intermediary between the various traders who are actively engaging the market operates. The primary function of forex broker, but not the only one.
Liquidity Provider : The role of liquidity provider, a broker provides customers with a permanent price range, for example, buy and / or sell order. This creates more price stability, guarantee transactions, while all make sure that you, the buyer or seller, unable to find a face for your transaction at any time.Brokers work to make profits by facilitating speculation in the volatile Forex Market. The means by which brokers make money is called spread i.e. the difference between the Bid and Ask prices for a currency pair, and by charging commission on transactions of certain types of accounts.
What is Forex? The term “Forex” stands for foreign exchange and it can be defined as the exchange or currency trading. And Is the relative value one currency versus another.
Let’s imagine right now that we’re not talking about Metatrader are where are the foreign exchange itself we’re talking about vacation time and we’re planning to go take a vacation you let’s say that you live in the United States and you’re planning to go take a vacation to Switzerland that means that you’re gonna have to convert some spending money. Right ?
So you gonna be converting some dollars into francs
this is the symbol for Swiss francs (CHF) And (USD) this is a dollar compared to the francs. this is the mutation you would see when you talk about a Forex pair like as (USD/CHF ).well what is the exchange rate for the dollar-franc , well Let’s say it’s a 1.2049 . What that means is? it that means it costs 1.2049 francs to buy a dollar. So
that it’s pretty simple exchange rates they’re typically carried out to the fourth or fifth decimal place when you’re getting a really good pricing so you get all the way out here to the fifth decimal place.
Market participants can buy and sell currencies from almost every country against another.All foreign exchange transactions involve two currencies, for example EUR / USD (euro / dollar) pair. Their exchange rates fluctuate constantly, and this is at the very heart of fluctuating exchange transactions.
If you think the Euro is rising against the United States dollar, then you will EUR / USD buying. Conversely, if you think its value will depreciate, then you’ll EUR / USD to sell. This sums up the basic mechanism for exchange trading.Forex trading involves everything from simple currency transactions that tourists often make when traveling, to the multi-billion dollar transactions executed by large corporations, financial institutions, and governments.
WHAT IS A LOT? A standard lot size of 1,000 units of currency. Account holders can however place trades of different sizes, so long as they are in increments of 1,000 units like, 2,000, 3,000, 15,000, 112,000 etc.
WHAT IS A PIP? A pip is the unit you count profit or loss in. Most currency pairs, except Japanese yen pairs, are quoted to four decimal places. This fourth spot after the decimal point (at one 100th of a cent) is typically what one watches to count “pips”. Every point that place in the quote moves is 1 pip of movement. For example, if the EUR/USD rises from 1.4022 to 1.4027, the EUR/USD has risen 5 pips.
WHAT IS LEVERAGE/MARGIN? As mentioned before, all trades are executed using borrowed money. This allows you to take advantage of leverage. Leverage of 400:1 allows you to trade with $1,000 in the market by setting aside only $2.50 as a security deposit. This means that you can take advantage of even the smallest movements in currencies by controlling more money in the market than you have in your account. On the other hand, leverage can significantly increase your losses. Trading foreign exchange with any level of leverage may not be suitable for all investors.
The specific amount that you are required to put aside to hold a position is referred to as your margin requirement. Margin can be thought of as a good faith deposit required to maintain open positions. This is not a fee or a transaction cost, it is simply a portion of your account equity set aside and allocated as a margin deposit.
Why do I have to verify my NETELLER account? NETELLER is authorized and regulated by the Financial Conduct Authority. As a regulated financial institution, they should know that using your system. This makes things safer for all users by helping to prevent fraud or identity theft.
NETELLER approval is required to achieve higher transaction limits and be able to withdraw money at ATMs or to send money to your bank. Confirming your identity with NETELLER will not only ensure the security of your account, but you will be provided much higher limits, as well as access to and the ability to withdraw funds Net + Prepaid MasterCard plastic actions is provided.
How do I verify my NETELLER account? When you going to verify your account, Neteller will ask you to provide proof of identification and proof of address.
You will need to provide government issued photo ID , Passport or Driving license to verify your identity.
This is done by either scanning the document with a scanner or by taking a high-resolution digital photograph.When sending in your government issued identification documents, please ensure it meets the following criteria:
Use “jpg”, “jpeg”, “bmp”, “gif”, or “pdf”
Ensure that all four edges are clearly visible
Address on the document MUST match the registered address on the NETELLER Account
Must be a Valid ID (Do not send in expired ID cards)
Document must be in high definition quality, please make sure that it is readable and easy to look at
You will then be able to see 3 different stages that you need to complete the following steps will be there.
STEP 1 : Deposit funds ,You will need to deposit money into the NETELLER Account So as i already discuss in the earlier post about how to deposit money into NETELLER account. to read the post , please “CLICK HERE” Or you can get help from your friends or family member who has NETELLER account with some funds, So that You can ask them to send some money into your account.
STEP 2 :you asked to choose three security questions.So make sure you pick questions that you can remember. As NETELLER may require you to answer these to confirm details of your account. So click on Step 2
After clicking step 2 Popup window will show that asks you to answer security question to access your account. and you can not use the same security question twice. So write down the 3 answers and click on “Save questions”
And here we go , we have successfully create 3 security answer and make sure the answer has recorded somewhere in safe place for your own safety.
STEP 3 : You need to submit your identity documents so click on “Submit identity verification documents”
As you see from above screenshot that i have some balance that’s why i can click over “Submit identity verification documents”
Select one of the three (3) document types to upload – Passport, Driver’s License or government-issued ID card.
Make sure you have your ID of choice ready.
Enter the identification number located on the identity document
Enter the expiry date or select the check box indicating that the document does not have an expiry date
Click the “Continue” button
Click on the Continue button will start streaming upload the document.
Click on “Start Verification” button to start the process of uploading.
1. Choose the issuing country in the list
2. Select the ID type of the document you want to send
Next, you will be presented with two options to upload your ID documents.
1. Use your webcam to scan your document
2. Upload an existing image stored on your computer
Note: These next steps will show you how to upload an existing image that is stored on your computer.
To upload the stored image, click “Choose file” Please note: The maximum file size of your ID document cannot exceed 5MB.The accepted file type is either JPG or PNG.
Click on “Confirm” after your document has been uploaded.
*Note: Documents are reviewed in the order that they were received. You will be notified by email once your documents have been processed.
Once your account has been verified successfully, the word “Verified” will appear after your NETELLER account ID on the top Right-hand side of the window. You’ll also receive a confirmation email at this point.
Once all requirements have been met, you can sign in to your verified account to enjoy the full benefits, including access to withdrawal options such as the Net+ Prepaid MasterCard, and higher transaction limits!
Please let me know if there might be any questions or problems with your NETELLER verification. I am there to help you. So Write a comment below, I will answer you according to your request.
NETELLER is an electronic wallet , Which provides fast and simple way transferring money. Neteller is safe and secure and it offers a variety of payment methods depending on your country of residence. NETELLER online payment account is a free account that you can use to deposit and pay for goods at thousands of sites. You can also use your eWallet to accept payments from other sites or individuals.
Let’s get started by creating own free Neteller account!
First you need to go NETELLER registration page. so click here (Neteller sign up form) and You will see new popup window. Then You need to enter your email address and Write down your password with confirmation of your password once again, it’s wise to use a password that is different from any other password that you are using online.You need to enter the account currency, which you wish to use. And then you need to provide some personal details,here you will enter your name , your date of birth , select your gender the state of being male or female (typically used with reference to social and cultural differences rather than biological ones), your address and the telephone number.
Fill in all details correctly and double check that you make no typographical error.When details are not correct (wrong date of birth, wrong address etc.) you will come in a process of correcting these details afterward by phone! Don’t forget to write down your password.
Here we go,You are done creating your NETELLER account!
Finally you will come to this page which shows that your Neteller account has been created. And a confirmation email has been sent to your account, which you should check and here you can see your Neteller account credentials, it is very important that you print the screen or else taken a note of this account details.
Your account ID(email ID) is used to sign into your account and you’re secure ID is necessary to complete certain amount of Neteller transactions.
NETELLER allows a variety of different funding methods,
as you can see from this list, these includes : local bank deposits, MasterCard, bank transfers and Visa Card.
When you want to take money out again there are a variety of different withdrawal options
for example back draft or bank transfers cheque, bank wires , payments to merchant sites money transfers and in some countries you can apply for a net plus prepaid MasterCard.
So you have successfully open an account and you might want to put money into your account. But your NETELLER Account will be unverified, meaning you have limits on the amount of transactions you can make, max balance . The process of getting your account is verified is very easy and enables you to apply for a Net+ Mastercard which is a prepaid MasterCard which can be used at almost all stores, online shops or just getting money out of the ATM!
To verify your account I will write a post shortly , So stay connected with bizzebee.com.
Today I am going to write about binary options. So that you will learn the basics an advantage of trading binary options. I will also write over briefly, how to begin treating these options strategies.
Let’s get started and earn money with binary options to get a free and independent lifestyle!
Frist what is binary options?
Well we need to understand traditional option,
An option in finance is the right but not the obligation to buy or sell a security at a specific price on a specific date and time, known as the expiration. Please click here to know what is binary options?
There are two types of options.
1.Call option: Call option either right to buy or call away the security.
2.Put Option: Put option for the right to sell or put the security.
Buyers are both used to call options and put option, pay an amount up front call the premium in exchange for the option rights, the premium represents the maximum loss options buyer.
At expiration the buyer chooses whether or not exercise the option based on where the underlying is treating, in the case of call option the buyers payout is the difference between the price and the underlying asset at expiration and the strike price of the option. Buyers of call options are taking a bullish view on the underlying because the strategy makes money when the underlying goes up,
as you can see from the chart the more the underlying goes up the more profit to the call option buyer. If the underlying is below the strike price at expiration the buyer loses his entire premium for his entire investment.
Similarly it put option payout is the difference between the strike price minus the price the underlying asset expiration, buyers have put options are taking a bearish view on the underlying because the strategy is profitable when the underlying goes down.
As you can see from the chart the more the underlying goes down the more profit to put options buyer. If the underlying is above the strike price at expiration the buyer loses entire premium are his entire investment.
A binary option as a specific type of action back as the name implies has a binary outcome that is only one of two things can happen. For binary call options if the underlying security is about the strike price expiration the action peace out a fixed amount if not then the buyer loses his premium.
so why would a currency trader want to use binary options, it’s very simple currency pairs are not tremendously volatile in order and big profits you need to risk a large amount of capital trading them on a short term basis trading traditional actions requires large moves in the underlying turn big profits.
Binary options allow you to earn profits that are multiple appear invested capital with only a small move in the underlying asset, value in traditional options can be very challenging buyers need to determine not only whether the asset will be above are below the strike price at expiration.
There are some additional features that can be added to binary options:
In this option, the investor predicts that the price of the asset will touch a specific value before the end of the given time.
One Touch Option For example, the trading asset is EUR/USD valued at 1.3500 on Friday. A trading platform such as 24Option can give the investors two options. The call option; meaning that the price of the asset will rise and reach 1.3800 at least once in the next week. The put option; meaning that the price of the asset will fall and reach 1.3200 at least once during the next week. In case you use a call option or a put option and the price touches the specified price then you win.
It works the same way as the CALL/PUT option only that in this case, you select the price at which the asset must not reach before the selected period. Example: Google’s share price is $540 and the trading platform is on the No Touch price of $570 with percentage returns of 77 %. If the price does not reach 570 dollars after the given time, then you have again.
30 Second trading:
The option comprises prediction of a rise (Call) or a fall (Put) in the value of the asset in 30 seconds.
Option+: It is also offered by some brokers and have the option of being bought back. This is a possibility for options that are termed in or out of the money but both represent major variables among brokers.
Boundary Options: These options offer boundaries of a lower and upper definition with a rate that can exist inside or outside of its boundary.Binary options present a unique and easy method of trading price variables in multiple markets on a global spectrum. There are associated risks and it is important that the trader is aware of these risks, as well as the rewards.
Being afraid of trading? we analysed the question when is it easy to earn money? Today I would like to show you a different concern some of you have.
“When I trade I could also end up losing money” because of this fear there are a few customers who just cannot start trade.
I can relate to this feeling, however at the beginning even an expert is no different from any other person. The difference between an expert and a normal person is that the expert continues to trade and improve step by step.
Everybody was not able to walk after they were born as a baby However, through practicing to walk every day you become able to walk. So when you wouldn’t practice to walk at all, and only try to do it after once after one year what do you think would happen? You wouldn’t be able to get up and walk.
It is the same for trading. Which is why even if it’s only with a small amount you should continue to trade every day and improve step by step as this is the only method to get better.
More than half of all people who are earning money through investing now were at first not able to get results and were also troubled by this. But by improving step by step the efficiency increases and you gain a certain know how and become able to earn money.
That is why you should not be afraid to trade and try to continue. So even when it doesn’t go well at first, you only have to take it back your losses afterwards.
The more experience you gain the bigger of an advantage it becomes, so at first it might be hard but please try your best and continue!