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The Multilayered Cryptocurrency

Questions have arisen unto whether bitcoin is turning into a multilayered system. Well, the answer is yes. This article seeks to outline the various layers onto which bitcoin lies on. It’s all yours!
bitcoin to usd
Have you heard of those who refer to bitcoin as digital gold? Clearly, the crypto-currency is quickly gaining popularity and acceptance in the crypto world. The value of the coin is estimated to rise higher. However, it is also noted that the coin can gain or lose 50% of its value overnight. This causes speculations amongst investors but the coin is nevertheless a ”digital gold”. And to the question of whether bitcoin is a multilayered system, it should be known that bitcoin exists on two main layers. These are the mining and the semantic layers.
crypto airdrops
The mining layer

This is the layer in which the coin is created. Besides bitcoins, ether is also created in this layer. After creation of the coins, valid blocks of bitcoins are transferred to the ledger. Here, currency generation is done. It should be noted that the currency is generated from transactions which are contained in the blocks of bitcoins. The blocks are known as transaction fees. The currency can also be generated from the network itself, or you can say ”from the thin air”. The main advantage of generating currency from the network is that is provides incentives to the miners.

The Semantic Layer

This provides a very important platform. The semantic layer is the layer in which bitcoins are used as a means of payment. It also provides a platform for bitcoins to be used as a store of value. The layer seems very important, isn’t it? The holders of bitcoin currency sign the valid transactions which signal the start of transferring the bitcoins among the nodes at the semantic layer. The transfer can also be made possible by the creation of smart contracts. The smart contracts transfer the coins between different accounts.

The lightning network

You’ve probably not heard of the lightning network. This is the latest invention being rolled out by the bitcoin community. This layer will have the ability to run on top of bitcoin. With this invention, there will come an application layer that is on top of bitcoin. It will be so exciting. The most interesting aspect is that its value can also be used to make payments. This will be made possible by transporting its value between people. With the invention of the lightning network, bitcoin will become a transport layer as well as an application layer.

As of today, the value of bitcoin is estimated to be about $9 billion US. It also known that bitcoin is a decentralized cryptocurrency. This means that it works without the control of a bank or an administrator. Bitcoin is surely taking over the crypto world.

Also of importance, is that the technology used during mining of bitcoin is called blockchain technology. It works by allowing the distribution of digital information, and not copying. Cryptos are really an exciting topic and in the near future bitcoins could overtake our mainstream currencies.

Should I Invest or Day Trade?

People have been investing since the beginning of time. When one is investing, the “investor” supplies cash (capital) to help a business. The business in turn gives the investor an ownership stake in the business. When we’re talking stock and companies, this investment results in the investor receiving shares of the company. When one invests in a company they are expecting the company to grow well and prosperous resulting in the investor making a profit on their investment.

There are a few ways for these investments to occur. When a company first goes public the company sells some shares to the public, this is an Initial Public Offering (IPO). These offerings create an influx of capital for the corporation, even raising millions or billions of dollars. As with the first example, the investors in this IPO receive shares of stock in the company and therefore own a piece of the company.

The act of “trading” would be to take the shares of a company and sell them for profit, with the aim of repurchasing the shares back at a lower price. Trading is not a very liked occupation. The media considers it gambling and the actions of those traders with very large bankrolls can be scrutinized for improprieties. In recent years traders have been looked at in a kinder light than the past but day trading is still frowned upon as an activity.

Stock trading varies greatly from investing in that an investor jumps into a company and holds on for a period of time. The trader buys and sells the fluctuations of the stock within the stock market. Looking to make profit and risk less capital. A trader trades many different time lines, they day trade, swing trade, long swing and scalp.

For example: A trader enters into an investment in an IPO because the company looks promising. News breaks on the company and a lot more trades become interested. With everyone buying shares, the demand for the company’s stock causes the price to rise. When the example trader first entered the stock at the IPO stage he paid $15 a share, now the demand causes the price to hit $30 and now even $45.
This triggers all the trading alerts and trader jump in and buy the hot stock pick. This drives the price up and over $100 in a very short amount of time.

How did this happen? A company with a solid share structure had great news and looked undervalued, investors and traders both bought in seeing a chance to make money on the hot stock. This drove the price up 10 fold. Nothing else has happened, the company isn’t now making profit, and who knows if the news will even pan out to be profitable. At this point the original investor could sell his shares for a huge gain.
Or, the investor can hold on to see if the price doubles again or heads downward as the company grows.

If I’m that investor, I sell. I’m taking away all the risk and locking in my profit. That makes me a trader though, as I’m buying and selling the run in the stock. The investor would have let the company grow and grow hopefully becoming very profitable. This is the main difference between investing and trading. Since your always looking to gain profit, how long will you hold. The original investor can always wait for the price to drop a little and re enter if he really wants to invest in this company.

Over time the terms trading and investing have changed to mean different things. With the rising popularity of day trading, trading is often looked at as buying and selling over a shorter period of time. While investing is viewed as holding on to shares for a longer period of time. These definitions are not completely accurate but this is how trading and investing is viewed. In reality, a lot of this is in the traders or investors mindset as they enter the stock market. These mindsets are completely different and you better know what you’re doing before you put your hard earned capital into the stock market.

As mentioned before, day trading is a frowned upon by the general public. Those who only invest like to point out that most day traders lose money and that day traders have lost fortunes in a short amount of time. They also consider it gambling. Traders like to point out that investors held onto their shares during the internet bubble and lost everything, waiting for a turn for better money. When done poorly, both trading and investing can lose you a lot of money.

Day trading is based on knowledge, skill, technique and a little “feel”. You have to put your rules in place and stick to them. You put these rules in place for a reason, you can’t not stick with the rules as soon as a stock heads the wrong way, this will only compound your losses. Sometimes this can be tough as you just “know” your right, and sometimes you will be right and sell only to watch the stock rise again. There are a bunch of day trading strategies you will not be good at all of them. Pick the strategies that work best for you and trade them following your rules.

These are just some of the many ways that trading is different than investing. I can’t say either is better. I day trade to make money but I have IRA’s and 401k’s that are pure investment. Mostly funds where I let those more in tune with fundamentals (hopefully) pick their stocks. With day trading I set my rules and trade the technical highly volatile stocks.

The only way trading or investing is wrong is when you lose money. If your making money, your doing it correctly as that is the goal.

A Guide to Forex Charts: Forex Forecast Tool or Voodoo?

Forex charts assist the investor by providing a visual representation of exchange rate fluctuations. Many variables affect currency exchange rates, such as interest rates, bank policies, geopolitics, and even the time of day may affect exchange rates.

In order to help the investor attempt to predict when or in what direction a rate may change, advisors provide forex charts. Quality forex websites provide subscribers with a daily newsletter that includes a forex chart, forex signals and a forex forecast.

There are a variety of forex charts available for the investor to use and study. Some are very simple using only a couple of forex signals or indicators and are ideal for beginners. Others include 30 or 40 forex signals or indicators and live on-line streaming data so that the investor may analyze trades quickly and accurately.

In order to make an accurate forex forecast, it would seem that the more indicators, the better, but some analysts prefer a simpler system.

The idea behind studying forex charts is that history repeats itself. Instead of trying to “see the future”, a forex forecast evaluates the past. That is to say that the analyst who is responsible for attempting to predict future currency moves analyzes what happened to an exchange rate yesterday, last week, last month or last year and uses this knowledge to the best degree he knows how.

Some people trade short term, some intermediate term, and some long term. All three types of traders may benefit from the use of forex charts, just adapted to their own trading time frame.

Investors also create their own forex charts to evaluate their own performance. Creating a forex strategy for oneself is the goal of many investors. Instead of looking to a professional to analyze forex signals, these investors choose to create their own forex forecast.

Others, however, create their own strategy but also follow the opinions of professional currency traders at the same time. It all depends on your personal preferences.

There are other forex charts that deal with known correlations between two currency pairs, that is, how they move in relation to each other. Some exchange rates are known to affect other exchange rates, either by moving in the same or the opposite direction depending on the correlation.

Charts are available that explain these correlations in detail and show which pairs have strong correlations or strong negative correlations, so that an investor can use the movement of the exchange rate of one currency as a signal to trade another currency. These correlations are also the basis for some forex forecasts.

It can be difficult and overwhelming to enter the world of forex trading alone. Experts recommend education, practice with a demo account and advice from a reputable broker who is backed by a quality institution. Learning to read forex charts and evaluate forex signals is a skill that comes with time, skills that are essential when an accurate forex forecast is the the goal.

Trading Goals, Do You Have Them?

Do you know what you are really looking to achieve when trading? Did you set some goals to work toward? Do you know why you want to achieve the goal set? Do you know what is needed so you have a chance at achieving you goals? If you do not have goals and a plan on how to achieve what you want then you are like a sailboat without a rudder in the ocean, you will just drift away in the direction the winds and currents will take you. You have no control! Setting goals is an important step in achieving the things you want in life. Sure you can achieve things without setting goals and creating a plan many have, however by setting goals and having a plan to work, you become more focused and more self-conscious at details to help accelerate your progress.

We can break down goals into all different categories such as personal health and fitness, spiritual, family and relationships, career, education, investments and financial to name a few. Within each category we choose to create goals you should create sub-categories. So for the financial goals one of the sub categories would be trading goals. Now as a general statement, all that decide they want to become a trader want to make money. That is a statement made to oneself, but not necessary a goal as I never met anybody who decided to become a trader to lose money. So what are goals and how is the proper way to create them in order to achieve them?

All wants in life come from dreams, desires and needs. From these dreams, desires and needs goals are created. The process starts with creating a list of dreams without allowing your mind to put limits on those dreams. Do not allow your current situation or current condition to limit your thoughts of your dreams. Create your dream list, as there are no obstacles. After you have created a dream list, the next process to do is review your dream list and review each item and see if it is a realistic dream, desire or need within your current conditions in your life. If a dream was to live in a two million dollar home on the ocean off the Florida coast and your current job was earning you $25000.00 per year and you had very little savings, that dream would not be a realistic dream under current conditions in your life.

Now if you willing to make a drastic change to a profession which would give you higher earnings or you find a way to make your savings work better for you by becoming an astute investor or a trader you will have a more realistic chance at achieving your dreams and goals. The key is making sure the dreams and goals are realistic and believable to you. Some goals you create will be easy to obtain while other more significant goals need to be a challenge, you need to push yourself outside your own comfort zone.

So you decided you want to become a day trader to earn the extra money, which would be needed to buy your dream home. One of your goals is now to own a home on the ocean. When creating goals you need to write them out on paper or better yet on your computer for easier updating capability. When writing out your goal you need to be as descriptive as possible. Do not just write I want a house in Florida on the ocean. Be creative with your dreams and goals, let your imagination run wild. What style home do you dream of? A ranch style or a two-story home? 4000 square feet or 10000 square feet? What are the colors? How many bedrooms and bathrooms does it have? Can you visualize the lay out? Does it have a pool in the backyard? If so is it kidney shaped or a rectangle shape? If so write it out. The more details the better.

There will be times when you create one goal and you will find you need to set another goal which will be needed to obtain the bigger goal you created. Think of goal setting like a recipe needed to create a fancy meal, or to bake a cake. If you leave something out of the recipe you are gambling on the outcome of that recipe.

If you plan is becoming a profitable day trader, what are the obstacles that might be in the way? What is needed to help you achieve you goal to becoming a day trader?

Examples of some obstacles would be:

1. Having sufficient money to fund your trading account.

2. Having the proper education to becoming a profitable trader.

3. Is your spouse or partner supporting your idea of becoming a day trader?

4. Does your current job or profession time schedule cause a problem to working

toward obtaining your goal?

5. Is there a local or Internet group for support?

6. Finding the right broker for my needs.

The above are a few example’s of some hurdle’s you have to jump to get you on your way to achieving you goal as a day trader. To overcome the obstacles you might have you will need to work on possible solutions. If one of your obstacles is your need to find more liquid cash to help fund your trading account. You would need to carefully think and brainstorm ways of doing so, maybe you had an old collection of coins or other collectables you could sell to raise the needed capital. If there is a will there is a way!

Each person will have his or her own obstacles to get by. Always make sure it is money you could afford to lose and that it will not alter your current life style.

Do not put unrealistic deadlines on your goals and dreams. Some of your goals might be ongoing with no deadline, other simple type goals will have deadlines. Looking at the above obstacles you can see that some of the above could be met within days or a week at most. The proper education could take months or more. Even with that, you would have a continued goal to keep improving as a trader for years to come. The goal of having a home on the ocean might take some years to achieve, which can be predicated, on the goal of becoming a successful day trader.

By breaking down what is needed to become a successful day trader comes the need to itemize smaller goals. Creating daily tasks that work on helping you in achieving your goals is key. Create a daily plan of attack and work you plan each day. Stay focused and look back over each day to make sure you made progress. Always create smaller goals, which can be met on a day-by-day basis that will give you the energy and encouragement to work on achieving the larger goal. Some other key components you will need to work on are the psychological components. If you need to improve on having more patience, create a goal in descriptive written detail of you showing great patience while trading. If you need to improve on being more decisive do the same exercise as with patience. The key is becoming more aware what truly is needed to obtain your goal.

It’s not as simple as just saying I want to become a successful trader. You first find the recipe and gather all the ingredients and work them in together. The key to achieving your goals is you taking your time and being careful to do all that is necessary to get to the end result. Working on all the small details everyday and concentrating and giving key focus to the daily task and seeing daily progress.

A quick review for setting goals

1. Create a dream list

2. Review the list to see if the dreams are realistic, practical and believable.

3. Write out a descriptive detail of you dreams into a positive statement as it is already achieved.

4. Create a list of all obstacles you will need to over come to achieve your goals.

5. Create a sub-list of goals that can be worked on that can be achieved within a week’s time.

6. Create a daily plan of attack and work you plan.

7. Create a daily task list to work on each day.

8. Review each day, week and month to review your progress.

9. Always adjust your goals higher once you achieve the set goal.

10. Always have continuous goals that are never ending.

11. If you run into a stall, a problem or a set back always look for a different angle to try.

12. Never give up! If there is a will There is always a way

Factors to Be Considered When You Wish to Build a Swiftlet House

Being a delicacy in Chinese cuisine, bird nest soup is made of edible bird nests that are produced by swiftlets. As trading of bird nest is a lucrative business, swiftlet ranching, building a swiftlet house, has been thriving in countries like Malaysia and Indonesia.

To build a swiftlet house, you need to consider the following factors:-

1. Availability of swiftlet

First, and foremost, you must check the area where you wish to build a bird house, see whether there are swiftlets. This can be done by using a special detector.

2. Location

Preferably your bird house should be located outside the residential and commercial area. It can be in the middle of a palm oil plantation. It must be near to bushes and jungles ideally with a river. The reason is that swiftlet food namely insects thrive in this type of environment. During day time when the air near the ground gets warmer, the insects are floated up to the sky where the swiftlets would feed on them.

3. Structure of the house

It could be a reinforced concrete structure, an unoccupied house, an unoccupied shop lot or a stacked up container.

You may rent an unoccupied house or unoccupied shop lot.

Some farmers prefer to build their own bird house. A double storey structure may cost you RM200,000. You have to get an engineer to design the structure.

A cheaper option is to use containers. You need to build the bottom supporting frame either in reinforced concrete or steel structure. The container could be stacked on top of the supporting frame. A container may cost you about RM6,000. To keep a stable temperature inside the container, you need to insulate the ceiling and wall of the container.

4. Living environment

You must create a living environment suitable for swiftlets that resembles natural cave whereby it is dark and humid. For unoccupied houses and shop lots, you must block the windows and doors to shade the light. The temperature should be kept at between 28 – 30 degree Celsius and the humidity at 75 – 85 %. Coastal area is an ideal place where the average temperature does not change abruptly.

5. Sound system

Sound system includes the equipments and recorded swiftlet songs. It is important as the right swiftlet song would entice the swiftlets to stay in your swiftlet house. You need two types of recorded swiftlet song namely external song to entice the swiftlets to stay in your house and internal song to keep the swiftlet in the house. You need to engage an experienced consultant to advise and install the sound system for you.

6. Hygiene

You need to keep the bird house clean. Cleaning must be done once quarterly. You may consider to use some environmental friendly products like enzyme to neutralize the feces.

7. Ventilation

It must be kept ventilated. The ventilation system must be cleaned weekly.

8. Security

Your sound system equipments and bird nests in the bird house are expensive items. You need to consider security to prevent theft. You may install CCTV or employ a staff to take care of the security of your swiftlet house.

Crypto Currencies Volatility, a Profitable Rollercoaster

This year we can observe that cryptocurrencies tend to move up and down even by 15% of value on a daily basis. Such changes of price are known as a volatility. But what if… this is totally normal and sudden changes are one of the characteristics of the cryptocurrencies allowing you to make a good profits?

First of all, the cryptocurrencies made it to the mainstream very recently, therefore all the news regarding them and rumors are “hot”. After each statement of government officials about possibly regulating or banning the cryptocurrency market we observe huge price movements.

Secondly the nature of cryptocurrencies is more like a “store of value” (like gold had been in the past) – many investors consider these as backup investment option to stocks, physical assets like gold and fiat (traditional) currencies. The speed of transfer has as well an influence upon volatility of the cryptocurrency. With the fastest ones, the transfer takes even just couple of seconds (up to a minute), what makes them excellent asset for short term trading, if currently there is no good trend on other types of assets.

What everyone should bear in mind – that speed goes as well for the lifespan trends on crypto currencies. While on regular markets trends might last months or even years – here it takes place within even days or hours.

This leads us to the next point – although we are speaking about a market worth hundreds of billions of US dollars, it is still very small amount in comparison with daily trading volume comparing to traditional currency market or stocks. Therefore a single investor making 100 million transaction on stock market will not cause huge price change, but on scale of crypto currency market this is a significant and noticeable transaction.

As crypto currencies are digital assets, they are subject to technical and software updates of cryptocurrencies features or expanding blockchain collaboration, which make it more attractive to the potential investors (like activation of SegWit basically caused value of Bitcoin to be doubled).

These elements combined are the reasons why we are observing such huge price changes in price of cryptocurrencies within couple of hours, days, weeks etc.

But answering the question from the first paragraph – one of the classic rules of trading is to buy cheap, sell high – therefore having short but strong trends each day (instead of way weaker ones lasting weeks or months like on stocks) gives much more chances to make a decent profit if used properly.

High Return Investments – The Risks and The Rewards

If you are thinking of investing you are probably hoping, or even expecting to get high returns. The whole point to investing is to make a good deal of money and you want to get as much out of any investment as possible. Some people mistakenly think that to make a huge amount of money from investments you have to wait years, if not decades. However there are high return investments that can show huge returns in months or few years. As a general rule the more money you are willing to bring to the table, the more money you will get in return. Here are some high return investments:

Real Estate

This is definitely a high return investment and there are many options to choose from with real estate. You can choose to purchase a property at a low cost, do the house up and then sell it for a decent profit. This is an excellent way to make money, however it takes up a massive amount of personal time to do to a high standard. Alternatively you could opt to invest in rental properties, and reap the income they bring indefinitely. This is an excellent method if you have the money to buy numerous properties.

Corporate Bonds

Corporations issue corporate bonds in an attempt to gather money to expand a business. The maturity date associated with them is in excess of a year. Obviously there is a fair amount of risk associated with corporate bonds, as if the company fails, then so does your investment but this also means high return investments.

Municipal Bonds

These are bonds that are issued by a cities government. It is a high return investment because the interest gained does not get taxed. They are also free to trade.

Dividend-yielding Security

A Dividend-yielding security is a perfect high return investment. You invest funds in companies that have a lot of capital. This means down turns in the market will usually not have a huge effect on them. If you do decide to invest in long-term dividends you could make a massive profit on high yielding stocks.

There are other investment options that offer a good return. To decide which is most appropriate to your situation you will need to talk to a financial specialist. They will be able to explain the risks to you in more detail. Remember that long-term high return investments are great from the perspective of taxes.

If you manage to decide on the right high return investment you will have a secure future and a safe retirement. In the short term you can use the rewards gained from initial investments to make new ones. This could be the start of a new income for you.

How to Hire a Wealth Manager

It is normal for individuals and families that are affluent to have a wealth manager. Wealth managers are no different from other financial professionals except they are normally trusted to manage more than wealth. Some functions of a wealth manger are tax planning and preparation, avoiding losses, increasing growth, recommending financial decisions and overseeing investments. A chartered program for wealth management is offered by the American Academy of Financial Management, which is geared at equipping financial professionals with the necessary skills and knowledge that is needed to manage wealthy clients and wealthy assets and to attain a designation in chartered wealth management. In other countries across the world, these managers are an alternative designation to certify a financial advisor.

It is the expectation of most individuals when hiring a wealth manager to consult with accountants, business managers and accountants in order to create a service that is comprehensive. This is because individuals who are considered to be wealthy normally require services that are very broad in scope and a financial advisor may not possess the relevant capabilities to meet these specific needs.

One major role of a manager is to control the relationship needed to assist clients and nurture their existing wealth and to retain most if not all of their assets and investments. This is an area that should be known by all managers. However, there are several companies that specialize in wealth management that have strategically aligned themselves with others in an effort to pool experience and resources just to accomplish the goals of their clients.

Another service that is offered by a manager is business planning. There are a number of wealthy families that operate and run family-run businesses, and preservation of these companies are very important to be kept for the future as the next few generations take over. The manager can assist a family to grow their businesses and to also implement plans geared to make the business profitable and secure its long-term future. The assistance of business professionals may be used by managers such as business law attorneys or business managers, with the aim of helping them achieve their clients’ needs. The advice that is needed to sell or acquire a business can be received from a wealth manager as well as sourcing a seller or buyer.

When interviewing a personal financial manager, the employer should be able to determine a specific wealth management plan that will suit all their needs and ensure that all their objectives and goals are established. They should always get the feeling that the company representative that is assigned to them has their best interests at heart.

What You Need To Understand To Invest In Real Estate

Investing in real estate scares some people. Understanding just what will happen when you invest, and even how to do it, can leave most people bewildered. This article’s been assembled to supply you with the some easy, but effective tips on entering the exciting field of real estate investing.

Remember that real estate investing is all about the numbers. When you’re buying a home to live in, you may get emotional about the place, but there’s no room for that in investing. You need to keep your eye on the data and make your decisions with your head, not your heart.

Do not be afraid to spend money on marketing. It is easy to just focus on the numbers and get fixated on how much marketing is costing you. However, it is important to think of the marketing as an investment in and of itself. If done the right way, it will only benefit you in the end.

Keep an accountant on speed dial. You can be aware of tax laws and current taxation; however, there are many variables to keep in mind. A good accountant, that understands and keeps abreast of tax laws, can be an invaluable asset. Your success with investing can be made or broken by your approach to taxes.

When negotiating, you should limit the amount of talking you do. You will be surprised at how often someone will do all the work for you just by letting them speak. Also, because you are listening, you will catch the right moment to strike for the price you seek.

As you look for investment properties, seek those that are likely to grow in value. Purchasing anything near water or close to other businesses will be beneficial to you later on. Think about the big picture and the chances its value will increase.

Don’t let your emotions cloud your judgement. Choosing a property to invest in should be a business decision, not an emotional one. It can be easy to get attached to a house or really fall in love with a location. Try to always look at things objectively. Shop around for the best deal without getting attached to one of the first few places you look at.

Find a contractor to work with that you can get along with. There’s no reason to get someone to help you with fixing up the real estate you invest in if you don’t like how they operate. You can save yourself a lot of frustration if you just find someone that you know will work well with you.

Stay away from deals that are too good to be true, especially with investors that you cannot trust or do not have a good reputation. It is important to stick with those who have a good reputation because getting ripped off in this business can cost you a lot of money.

Build your real estate investment buyers list with online ads. For example, you could use social media, online ad sites such as CraigsList and/or the local newspaper to draw attention to the properties you have on offer. Be sure to retain contact information for every person who shows and interest so you will have a well-rounded contact list as you accrue new properties.

Know the value of your time. You may enjoy renovating properties, but is the time you’re spending on it time well spent? Consider if you could better spend your time by searching for the next opportunity. If you are able to outsource certain jobs, then you should do so. It’s worth freeing up your time for the more important aspects of your business.

Don’t buy property in a bad neighbourhood. Pay close attention to where a property you are interested in is located. Make sure you are very thorough when looking at the area. Homes in bad neighbourhoods are often low-priced. The property could be at risk for being vandalized and may be hard to sell.

If you are thinking about purchasing rental properties, consider hiring a property manager who can help you screen qualified tenants. Because rental payments are likely to be the source of your mortgage payment, your tenants need to be reliable. Otherwise, you may end up losing money.

Before you buy investment property in a neighbourhood, find out if the city has anything planned for the areas surrounding this neighbourhood. For example, you would not want to buy in an area if the city proposed to turn an area into a landfill. If there are positive improvements on the horizon, this may be a good investment.

Don’t let a real estate investment deplete your emergency reserve or cash fund. When you invest in real estate, you’ll often not be able to access the money for a while. Don’t let this situation destroy your ability to live from one day to the next.

Know what you should be looking for in a property based on current trends in the market. For example, if you’re going to rent out the properties you buy, then it’s best to have units that are for single people, which is a current trend. Another example is to ensure any home you buy has three or more bedrooms because it will be easier for you to sell or rent to families.

As you see, there is a lot of information to learn regarding real estate investments. This article has provided you with the proper foundation concerning real estate investing. So, remember what you have learned, keep learning and get into real estate investing today.

Can Options Trading Turn You Into a Millionaire?

Can options trading turn you into a millionaire?

This is one of those questions I hear from people new to options trading all the time and not an easy question to answer in my opinion. Sure, options trading can create millionaires and many, including myself, have made more an a million trading options. However, can options trading turn YOU into a millionaire?

In a way, asking this question is as good as asking questions like:

Can trading stocks turn you into a millionaire?

Can trading futures turn you into a millionaire?

Can trading Forex turn you into a millionaire?

Can selling burgers turn you into a millionaire?

Can collecting coins turn you into a millionaire?

The answer to all of these questions is a resounding, YES.

The problem is, can YOU become a millionaire doing these things that have made OTHER people millionaires?

First of all, let’s ascertain the theoretical possibility of making a million through options trading. Let’s assume you have $5000 to start trading options with and you make an average of 50% per trade and compound your earnings. Here’s your account status after a number of trades:

After first trade – $7500

Second – $11,250

Third – $16,875

Forth – $25,312.5

Fifth – $37,968.75

Eighth – $128,144.5

Fourteenth – $1,459,646

As you can see, it takes only 14 trades at 50% profit per trade, which is not a lot in options trading, to grow $5000 into a million. If you do only one of those trades per month, it takes you only slightly more than a year to become a millionaire. As such, becoming a millionaire from options trading is clearly not outside the realm of possibility and clearly very fast if you do it right.

That leads us to the next question, are you able to produce a string of 14 straight wins at 50% per win? There is clearly no easy answer to this as well. I have heard of extremely lucky people who has done that before but that clearly isn’t something that applies to everyone.

Yes, in my 15 years of options trading, I must say that I have never seen anyone make a string of 14 wins within one year or two without losing no matter what options strategy they use. The good news is, you don’t need to make 50% on every win nor do you need a string of 14 wins to make a million in options trading as long as you follow a sensible trading methodology and have lots of patience.

Making a million in options trading isn’t about not losing. It’s really about making more wins than losses. As long as you have a means of consistently making more wins than losses, you can make a million in anything as long as you have the patience to stick to the game. Yes, this is the same logic in any form of trading.

If it is the same in any form of trading, why then options trading?

The beauty of options trading is that it actually helps you achieve more wins than losses through 2 unique means; Convexity and Versatility.

Convexity means being able to potentially make more money than you can potentially lose. In futures trading or stock trading, you can potentially lose as much money as you can win. When the stock goes up by $10, you make $10 worth of profit and if the stock goes down by $10, you sustain $10 worth of loss. There is no convexity. When you buy options, they will go up in value as long as the stock keep going in the correct direction (up for call options and down for put options) but if the stock goes the other direction, you will only lose as much as you used in buying the options, nothing more! For instance, if you bought one contract of call options for a stock for $150 and the stock went up by $10, you call options would be worth $1000 but if the stock went down by $10, you would only lose that $150 that you used. That’s convexity. As long as you use only money you can afford to lose or the maximum amount you are willing to lose on any single trade towards buying options, you will always have the advantage of convexity on your side.

Versatility is found in the vast array of options strategies that can be put together. Many options strategies allow you to profit not only when the underlying stock moves in one direction but in multiple directions! Yes, in futures or stock trading, you only profit when the stock goes up or down (when you are short the stock or futures). However, in options trading, there are options strategies that allow you to profit when the stock goes up OR down in both directions and options strategies that even allow you to profit from all 3 directions! Yes, being able to profit in more than one direction greatly increases your possibility of winning and greatly enhances the possibility of consistently making more wins than losses!

So, can you become a millionaire trading options? Yes you can. In fact, from the properties of convexity and versatility mentioned above, options trading could actually make it easier for you to become a millionaire versus stock or futures trading. As such, the possibility is there and the odds are in your favor. The final question to answer is, do YOU have what it takes to become a millionaire through options trading?

The Cheapest Reliable Used Cars You Can Buy

If you are looking for the cheapest used car to cover your needs, you are on the right page. In this article, we are going to talk about some of the cheapest used cars. The good news is that you can purchase any of these cars for less than $10,000. In this budget, Japanese manufacturers are on top of the list. Without further ado, let’s check out some of the best cars in this price range.

1. Toyota Avalon 2010-2012

Toyota Avalon is your best choice if you are looking for a reasonably big sedan. This vehicle is spacious and offers a premium interior. Apart from this, it comes with essential safety features, which is why it can be reliable.

This vehicle is powered by a 268 HP V6 Engine, which is more than enough for four people. The boot space is more than enough, and the fuel average is quite impressive. So, if you are looking for a combo of low price and high fuel efficiency, this vehicle is your best bet.

2. Honda Fit 2012-2015

Regardless of the price range, honda is known to manufacture reliable cars. The Honda Fit is a reliable subcompact hatchback. It offers an impressive fuel average with its 117 HP engine, which generates plenty of power. The recent models provide hybrid configuration for exceptional fuel average.

3. Mercedes Benz E-Class 2009-2011

This mid-sized sedan offers an amazing experience in this price range. This vehicle is available in V8, v6, and inline 6 engine configurations. These engines generate more than enough power. Mercedes Benz E-Class offers a great driving experience and a lot of outdoor space, and many safety features.

4. Lexus ES 2010-2012

This is another mid-sized luxury sedan. This vehicle is quite comfortable and offers great performance. It features a V6 Engine which offers exceptional reliability. This family of the sedan is your best choice if you are on a budget and but want to purchase a used car. So, you can try out Lexus ES without spending an arm and a leg.

5. Toyota Tacoma 2010-2012

Toyota Tacoma is known for power reliability and comfort. This beautiful truck can be an ideal choice if you are looking for a vehicle for off-road driving. Toyota Tacoma is available in either two or four-door styles. As far as the engine is concerned, you can go for either a V6 or I4 configuration.

6. Mazda 3 2010-2013

Mazda 3 is one of the most reliable and compact cars. With an inline 4 cylinder configuration, this car performs great whether it is a city or highway commute. You will get a great fuel average. Although the boot space is not that impressive, it is easy to drive and does not cost a lot when it comes to maintenance.

7. Audi A6 2010-2012

This is another mid-sized luxury vehicle that you can purchase for less than $10,000. It offers great interior quality, impressive performance, and plenty of boot space. Since it has V6 obviate configuration, you will enjoy an amazing driving experience.

Long story short, these are 7 of the cheapest but reliable used vehicles that you can purchase. If you have been looking for some of the best used cars in this price range, we bet that you won’t find a better collection of cheap cars than this one.



Source by Abdul Waheed Zafar