Monthly Archives: April 2012

How to find the best student banking account?

For a student who is planning to continue his higher education, it is very important for him to find the right bank account. Sometimes, many students face problems in managing their finances and cover all expenses related to their studies. This article has many tips and advice on how to find the best student bank account.

First of all, it is very important for you to know what kind of account you need as per your requirements. There are hundreds of options available nowadays. Do not rush in making a decision. It is advised to compare the accounts with different banks and analyze how their terms and conditions differ.

Check with different banks on what interest rates are offered in opening an account. It is an extra income that you will earn on the capital amount. You will earn more in interest when you deposit a huge amount in your account.

It is a problem with many students that they get into huge amount of debt as they are pursuing higher education. For this reason, a bank account having overdraft facilities will be a good choice. You don’t want to get penalized for getting into debts. Its easy to arrange an overdraft facility and you should also know how to deal with it once you have completed your graduation.

Customer support is a very important factor with any bank. Make sure that the bank with whom you open your account has a friendly staff and excellent customer service. They should be easily available on the phone, email and in-person visits.

Many banks will offer a credit card or a debit card with the bank account that you open with them. This will help you access your money and pay off your bills quickly. Be wary of credit cards that have less than favorable interest rates. Internet banking facilities will help you in operating your bank account quite easily. It will be easy for you to keep a track of your finances without having to spend a lot of time calling the customer support of the bank.

For more info about student finance visit: http://www.studentfinance.direct.gov.uk/portal/page?_pageid=153,4680119&_dad=portal&_schema=PORTAL

How to make profits with the help of Forex mini account?

Do you know about Forex mini account ? Well, traders who are new to the foreign exchange market use it as a brokerage account. It is very good for the newbies who are interested in the foreign exchange market and are learning the process of trading. Investors can use this type of account to take a small position in a currency , instead of trading in standard lots used by the traders with regular accounts.forex

Beginners can use these forex mini account since it limits the amount of risk involved. With these kinds of accounts, traders are allowed to trade in contract sizes of 10,000 units instead of the standard 100,000. This type of account is one-tenth the size of a standard account. Forex mini account holders enjoy the same facilities like the standard account holders. They have access to the same tools like the regular traders such as trading platforms, charts and support.

Advantages of forex mini-account:

You require a less amount of capital in this type of account. If you have just started trading and do not want to go through a lot of risk, then this is the ideal account as per your requirements.

In this type of account, you have a greater control over risk. You can trade in mini lots instead of standard lots and by doing this, you are able to customize the trade and have better control over the risk involved. For example, if a forex trader wants to trade more than 100,000 units, but less than 200,000 units, he will not be able to trade like this in a standard account. But in the mini forex account, a trader can choose any lot sizes between 11 and 19, thereby reducing the total risk involved.

Retail forex brokers give a considerable amount of leverage while using mini-lots.

This type of account is the best for new forex traders because the investors take smaller currency positions and hence it reduces the amount of risk. Once you have gained enough experience, then you can upgrade your account to the standard one.

Spread Betting strategies

If you are an investor, you have the chance of executing several kinds and types of spread betting strategies that will make your life more convenient. However, it is suggested that you should not follow only one strategy to fit to all kinds of scenarios in the financial trading. Every single strategy or tactic is to be used for specific condition or scenario.

Spread betting strategies also vary according to its applicability as per the experience of the investor. No matter, every single strategy varies from one another, but their main point is the same. A system has to be made in trading and then ensure more profits.

There are four common strategies in Spreads.org.uk that should be explored by all investors. These are known as scalping, market trends strategies, as well as the spread betting reversals and break out tactics. Read this article to understand all the strategies.

Scalping is considered as the most common and popular spread betting strategies. It is good for those investors who are in the beginning stages of getting familiar with the market. This strategy is adopted to minimize the risks from entering a specific trade. The investor will first close all the financial positions quickly and then he will take small gains one at a time. This way, he does not have to go through the risks of downward fluctuations of the prices.

Market trend strategies is the second strategy that is also executed by many investors. This is not the same like the one mentioned above. Here, it is done at a whole course of the specific trading day and not in minutes. The investor might have to pay a certain transaction cost, but the potential gains are a lot bigger than the first one.

Another strategy of spread betting is called spread betting reversals. This is not advisable for a newbie, because this strategy requires analyzing various geographical performance data of the market. Here the investor has to make a prediction about the most perfect period when the market will shift or reverse its track. It has happened before so the investor has to predict when it will happen again in future.

Last strategy is the break-outs strategy. It is identified as a way in order to capitalize on the strong movements of prices in the market.

Introduction to Corporate Finance

The field of finance that deals with the financial decisions of the companies is known as Corporate Finance. Its main function is to analyze different ways on how to increase the market value of the companies in terms of profit percentage and reducing the risks and constraints involved. Corporate finance is a major branch in the financial field and is of great importance to the economy of any nation.

The main goals of corporate finance are:

Its objective is to assess the accuracy of investment decisions.

Provide maximum optimization to the structure of corporate balance sheets.

To reward the investors or share holders.

Another important function of corporate finance is to improve the financial conditions ie.. improve the credit potential of the company so that it can borrow more funds from other financial institutions.

Corporate Finance is also involved in managing internal resources like human resources as well as management of business banking requirements of a company. Investment projects are mainly evaluated by the financial departments based on various factors. The companies also recruit the services of investment banks to advise them on financing methods, acquisitions, and financial risks and also to act as intermediaries between the company and the economic agents in lending like banks, investors etc.

Every company has the single goal of maximizing their profits and this is efficiently possible by investing in new ventures leading to increase in productivity and sales. Before investing in any venture, do an economic research and analyze the following factors:

Risks involved: whenever a new project is started, risk is studied at almost every step of operation. The feasibility of a project depends on a thorough study and economic research involving all kinds of risks. For example, if the management of a company selects an area where they think it will be very economical to start a new manufacturing unit, but according to the risk factors, if the area is politically unstable, the management will not go ahead with setting up the plant in that area, considering the risks involved.

Availability of resources : If a business has to run smoothly, it is important that there is sufficient resources available before starting any new venture and the corporations must study carefully about it. Even the cost of obtaining resources is considered along with transportation and other factors affecting them.

For more info about Corporate Finance visit: http://www.sec.gov/divisions/corpfin.shtml