Spending Money to Make Money: Should You Do it?

As an entrepreneur and business owner, you will naturally be inclined to make money, save money and repeat. Profit is your motivator, and it’s innate within you. However, sometimes it is important to spend money to make more money. It may feel counter-intuitive, but there are occasions when being pennywise is not the best course of action and failing to spend money where you need to can restrict your profit earning potential. With that in mind, here are four areas where you do need to splash the cash to expand your business. Continue reading

Do not run after perfections as a new trader

There are many traders who want to perfect their strategy. It is only a dream because you can never understand the market. If you want to know how to make perfect trades, you need to know that there nothing as perfection in Forex. You may think your strategy is the best plan in the world but when you will place trades, you will find you are losing money. It can be the most complex strategy but there are other traders who are making money with their simple strategy. This article will tell you why you should never try for perfection in Forex. Continue reading

Currency Trading in Business, Individual Investments and Travelling

Currency trading happens in a wide variety of ways in the Forex markets. The trade of currencies, primarily relates to business transactions, individual investments through foreign exchange and for travelling purposes. The concept behind currency trading is easy to understand; it is the buying of one currency in exchange for selling another currency. Individual and corporate investments in foreign countries for business purposes play a major role in forex trade. These bring in foreign currencies, which has a great positive impact to the financial stability of developing countries. Meanwhile, developed countries are able to strengthen the value of their own currencies. Continue reading

How Brexit could affect any money transfers you make

There is no doubt that the UK’s decision to leave the European Union in June 2016 sent shockwaves through the global economy. Over 30 million Brits voted to leave the EU and negotiations have been ongoing to agree a deal for the terms of the UK leaving the community. The issue for many people at the moment is that this deal is far from agreed and there is uncertainty over what it might contain. That means that both UK residents and other interested parties from across the globe are wondering just how Brexit might affect them.

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Why Gambling Doesn’t Have to be a One-Way Losing Street

Depending on your approach to it, if you add the letters “bl” to your gaming exploits then you’ve very easily turned gaming into gambling, but in line with the topic of this post I don’t quite like referring to it as gambling. I certainly don’t like to refer to it as gambling in the purest sense of the term because that would suggest you have a rather limited grasp on the potential outcome. Continue reading