The word bankruptcy to many is a scary word. Bankruptcy is for many considered a last report to their debt problems. What exactly is bankruptcy? It is a legal statement that confirms that you are unable to pay all of your debt back. Your assets such as your house and car are distributed between those who you owe money to, and the debt is written off completely. Those who choose bankruptcy often see it as a way to make a…
Demo accounts are known as blessings for the retail traders. It gives you a perfect demo trading environment where you can learn the art of trading without taking any risk. Risk is nothing but part of the investment business. However, you should not trade with real money during the learning stage since it can magnify the risk to a great extent. As a naïve UK trader, you might realize the importance of a demo account and there is nothing wrong…
One nightmare scenario everyone would love to avoid is being taken into custody abroad by foreign authorities. Whether that’s for a serious or minor crime, everyone dreads being locked up somewhere where they don’t know the language, environment or culture. But, you do have the right to legal aid and here are some of the things that your solicitors can do whilst you’re locked up abroad. Communicate with loved ones The worst part of being arrested in another country is…
In today’s society, it is practically impossible to be free from the legal sector. Regardless of whether you need help with an employment disagreement, probate law or an issue with your family, at some point in your life, you will have to seek out a solicitor’s advice. Solicitors are legal experts, who are required to have attended law school and are registered and monitored by the Legal Society. Many solicitors are trained in one specific area of the law and…
The term correlation simply means the relationship between two things, like the following example: Imagine you are a CEO of a public company that manufacturers clothes from cotton. What would happen to your margins if the price of cotton goes up? If you keep the price of the company’s products unchanged, your margins will be squeezed. When the margins are squeezed, it is possible that the stock price of your company will decline. In simple terms, this is what is…
For most people, buying a home is probably the most expensive purchase they’ll make in a lifetime. And into the bargain, it’s not just the cost of the property – although that’s by far the main expense! – but the money additionally required for things like stamp duty, conveyancing and surveys which all help to create such a large bill.
What are your money spending habits like? Do you often find yourself spending more than you earn? Do you know how to live within your means? These are the type of questions that you should ask yourself in order to be more financially conscious. At the end of the day, it is due to money that you can live a comfortable life and do anything that you could want. It is a driving force in society, and it is thus…
When a person is relaxed the brain remains calm. And a calm mind can think in the most efficient way. Maybe that is why doctors tell us to relax when they provide us with injections. At that time, if you act too afraid, something horribly can go long. In the case of your professions, you also need to be cool and stable, especially when there is a lot of thinking needed. For example, running a business is one of the…
Cash advances, also referred to as installment loans, may be the best option if you have an unexpected expense. However, it is important to understand the difference between expenses for which short-term loans are a practical solution and those that are better off being paid with other means. Knowing when you should and shouldn’t be trying to find monthly installment loans will help you make the right financial decisions going forward.
As the saying goes, “Everything is for sale, you just have to come up with the right amount to make the purchase” and if you think about it you’ll realise that this is actually true. I’m not just talking about those scenarios where sentiment and desire seem to defy economic logic and trump real market value here. I’m talking about sales which go on without the majority of us even knowing about them. Debt is a very big seller in…