Finance 

How to become a forex swing trader

Although swing trading is considered a short-term strategy, it can bring long-term profits if done correctly. Swing traders use technical analysis to identify bullish or bearish trends and “swing” in and out of positions over several days or weeks to capitalise on price movements. As a swing trader, you must be familiar with individual currencies and their correlations with other world markets. Steps to take to become a successful swing trader Here are some crucial steps that can help you become a successful swing trader in forex: Educate yourself on…

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Share Trading 

Best Forex Trading App

If you’re looking for the best forex trading app, you’ve come to the right place. We’ve reviewed some of the leading apps for traders, and have narrowed the list down to the ones that are worth your time. Whether you’re looking for a free app, or one with a premium feature set, you’ll be able to find a great choice with this guide. eToro There are a lot of forex trading apps out there, but eToro is one of the best. Not only does eToro have a great user interface,…

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Loan 

Restructuring Your Student Loan During the Loan Moratorium

During the loan moratorium period, many Americans have experienced a decline in their student loan payments. While this isn’t necessarily a bad thing, it does make it important to know how to restructure your loans to save yourself money. Interest accrued during the moratorium period During the loan moratorium period, interest accrues on the loan amount. The interest will increase the principal amount and must be paid after the moratorium period is over. When the moratorium period ends, borrowers will have to begin paying EMIs. Borrowers may choose to pay…

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Finance 

The Best Way to Finance a Car

Whether you are purchasing a car from a dealership or a bank, you need to know how to finance a car. There are many options available and it can be difficult to figure out what will work best for you. You need to consider how much money you can afford to put down, how much you’ll be paying in interest, and how long you plan to keep the car. 0% APR financing on new cars 0% APR financing on new cars is an excellent way to save money on monthly…

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Loan 

How to Qualify For a Personal Loan

Getting a personal loan is a good way to get the money you need quickly. However, you need to be aware of the different types of loans, and what you need to do to qualify. The first step is to determine your financial situation and how much money you need. Depending on the lender, you may be required to provide proof of income or employment. This can include pay stubs, tax returns, and bank statements. You may also need to provide proof of your current address. A recent utility bill,…

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Tax 

Is Loan Against Property Taxable?

A loan against property is a long-term financial commitment that can have tenures of up to 20 years. Its primary benefit is that it can help individuals meet multiple financial needs. In addition, it can also be tax-deductible for individuals. This is because home loans are deductible, as are commercial assets bought by businesses. This type of loan involves borrowing cash against your home and pledging it as collateral. The proceeds of the loan are not deductible as personal, school, or marriage expenses. While the principle repayment of a loan…

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Cryptocurrency 

How to Calculate Your Cryptocurrency Tax

When you buy or sell cryptocurrencies, you’ll have to report them as income on your taxes. It’s different than selling stock, so this type of tax is different as well. You will report the value of the cryptocurrency as the fair market value of the asset on the day of receipt. You’ll also have to report any capital gains you make. Fortunately, there’s software that will do the math for you. The IRS has created a tax form for digital currencies and you can use it to figure out your…

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Share Trading 

Should I Trade Forex Or Stocks?

One important consideration when deciding whether to trade forex or stocks is whether you want to use high-leverage trading, or a more conservative buy-and-hold investment strategy. While both are excellent choices, forex is particularly suited for aggressive traders. Stocks, on the other hand, are better suited to long-term investors. Stock prices often follow a trend and are influenced by the financial health of an individual company. However, stocks can also be impacted by wider economic conditions. If equities are rising, the local currency is likely to follow suit. Traders looking…

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Finance 

Types of Investment Opportunities

There are several types of investment opportunities for people who are looking to make money. One type of investment opportunity is the stock market, where investors can buy and sell shares. The price of stocks is set by buyers’ willingness to pay and sellers’ willingness to accept. If a stock price is falling, owners often sell their shares for a low price, creating an investment opportunity for new investors. However, the value of an investment opportunity depends on the investor’s needs and risk appetite. For example, if you can afford…

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Loan 

Fast Cash – Speedy Fast Loans App

In Kenya, the Central Bank of Kenya has barred many fast loans apps from listing themselves on the CRB. These loan apps aim to offer credit to those who need it fast, but are concerned about the amount of time they require to repay. The CRBs have now imposed tougher guidelines for credit appraisals. The app provides an instant e-approval of up to Ksh20,000 for personal loans. But the CBK hasn’t yet banned these apps entirely. Typical cash advance apps don’t check credit. Instead, they perform a cash flow analysis…

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