The Best Reasons To Attend Professional Workshops and Conferences

canstockphoto2004112Some of the most valuable experiences a professional can have come about when they attend professional conferences, summits, workshops and seminars. In addition to learning new things, business people can also build new professional relationships, gain friendships with like-minded individuals and even get to know clients and vendors on a more personal level.

Positive Attributes Of Conferences

Some of the best reasons to attend conferences include:

Opportunities to network – Networking is crucial to business success and to getting the word out about a business. Not only can relationships with clients and vendors be strengthened, attendees can also get to know the speaker better and gain knowledge from having meaningful conversations with them.

Learning new things – Learning about new technologies, new and more effective ways to accomplish things and gaining more knowledge about business subjects and concepts are all excellent reasons to attend summits, workshops and conferences. Speakers are selected on the basis of being knowledgeable in their field and being able to relay that information in a charismatic way.

Gaining proficiency – You may gain more expertise in your field and you may return to work being a person that others look up to for knowledge and for new ideas on ways to improve the way things are done. Coming back and giving your peers and company leaders new ideas to help the business grow and prosper is an invaluable benefit of attending conferences.

Being inspired – One great benefit is that people often leave a conference with new feelings of inspiration. They’re inspired to put into action new concepts they’ve learned and new ideas for improving performance, productivity and for increasing business success. There is also inspiration to share new information with peers and superiors.

Having fun – When people can have enjoyable experiences combined with professional learning experiences, companies often see benefits from improved moods, increased motivation and higher productivity. Conferences that combine delicious meals, opportunities for fun team building events and small group activities focused on getting to know one another find that the conference experience is more fun. People love connecting with others who share their interests and passions.

Conference Attendance Has Personal And Corporate Benefits

Attendance at a well-organized conference like those put together by organizations like GovNet provide amazing opportunities for learning, gaining new friendships and bringing helpful and valuable information back to a business. The act of taking the initiative to find and attend meaningful work conferences makes a big impression on bosses and peers.

It can help motivate peers to also want to attend seminars and workshops and can help them to see the value in attending informational and team building events. Being a positive, strong example to others is a crucial part of honing strong leadership skills. Conference attendees may find a newly acquired burst of energy and desire to perform their best, which in turn leads to increased productivity and a more profitable business.

Seven steps to get your guarantor loan

apple-589640_640You may have slipped up with your finances in the past and are now struggling to get a loan because your credit record is impaired. Or perhaps you are new to borrowing and you having difficulty demonstrating a history of responsible financial management. Either way, you could be left facing rejection after rejection when applying for a loan.

This could be because many lenders, and especially those who specialise in personal loans which are not backed by any kind of security, view you as a greater risk than somebody with a good record of managing credit. But don’t despair, there are other options – particularly guarantor loans – which could help you to still make that big purchase, redecorate your house, take a holiday, finance a car or consolidate your existing debts into one.

Guarantor loans make up the fastest growing sector in the UK credit market currently and provide a good way for those who have made financial mistakes to get back onto the credit ladder and repair their records. If you have been turned down for a loan by your bank or one of the other mainstream lenders, guarantor loans could offer you a way to avoid the particularly tight credit scoring systems used by the big banks to exclude people who may only have a few relatively minor slip ups on their records.

A guarantor loans works by using the good record of a third party to act as security for a borrower when he or she takes out a new loan. While the term ‘security’ infers some degree of risk, it’s important to note that this does not mean the guarantor having to put up their home to back the borrowing. It simply means that this person guarantees that the loan will continue to be repaid in the event that the borrower gets into trouble and is unable to make repayments.

This is not a new form of credit, even though the name may be unfamiliar and despite its recent surge in popularity. Until the liberalisation of the UK’s consumer credit market in the early 1990s, it was standard practice for a lender to ask for a third part to guarantee the borrowing of a new applicant, particularly where that person did not have a long record of borrowing money. Guarantor loans work on exactly the same principle, and often come with lower interest rates, larger amounts and longer to repay than other forms of credit including personal and payday loans.

 

But how to do you go about getting a guarantor loan?

  1. Find your guarantor. This is not as difficult as it might sound. You need to find somebody who trusts you and who you are happy to disclose your financial affairs to. That person will also need to have a good credit record because the lender will not be worrying so much about your financial history but will be interested in that of the guarantor. The loan company will want to see that he or she has a good credit history, has paid their bills on time regularly and does not have anything adverse registered against them like defaults or county court judgements (CCJs).
  1. Make sure you aren’t in an existing financial relationship. The lender won’t care whether your chosen guarantor is a friend, a family member or even somebody you work with. But it will be concerned about any financial links between you. The guarantor cannot be somebody you have hold a joint financial product with (like a bank account or mortgage) and they cannot be your partner.
  1. Make sure the guarantor is happy. The guarantor is putting their record of sound financial management on the line so that you can get access to the credit you need. That means that they are going to want to be satisfied that you can afford the loan and that you are committed to keeping up with the repayment schedule. Where family is involved, financial problems can wreak havoc with relationships so while it is only natural for a parent to want to help out a son or daughter in difficulty, the guarantor should still satisfy themselves that the borrower is committed to being open about their finances. If the borrower cannot keep up with repayments, then this will pretty quickly impact upon the guarantor. He or she will have to act rapidly to make good any shortfall to avoid finding their credit record suffering. In cases where the guarantor does not step in and the borrower makes no attempt to put matters right, then the lender will be able to chase the guarantor for money. As a last resort, this might include ordering the guarantor to repay the entire loan and any interest due on it.
  1. Make sure you have an agreement with the guarantor. This is not an arrangement to enter into lightly so it makes sense to set out what is expected of each party in the relationship. Some lenders advise that the applicant and guarantor draw up a written agreement which lays out exactly what is expected of each. A guarantor might want the applicant some to make some form of full financial disclosure which shows a complete breakdown of income and expenditure before they sign the agreement. The guarantor may also need a commitment from the borrower to provide updated financial information for as long as the loan’s lifetime so that he or she gets early warning that a repayment might get missed.
  1. Make sure you are up to date with everything else. While the lender may not be so concerned with your credit record, as a borrower it makes sense to ensure your other loans and credit cards are up to date so that there is not a last-minute hitch with your application. There is a small possibility that the lender will look at your credit record and you may encounter problems if you have a particularly poor history of CCJs and defaults.
  2. Do your homework. While it’s not that different to any other loan, it’s worth doing thorough research to find the loan that you want, offering the amount you need, at an interest rate you can afford and with a repayment schedule that suits you. Making sure you shop around before applying will help prevent problems later on.
  1. Apply! When you’ve settled on the right loan, make the application and you’ll know – in most cases – whether you’ve been accepted within hours.

Article provided by Mike James, an independent content writer working together with Solution Loans, a technology-led finance broker with many years’ experience in advising clients of their most suitable types of credit.

Essential Advice for Your CFD Strategy

canstockphoto5964748CFDs can be an extremely lucrative means to add to your current portfolio while building wealth over time. Offering such advantages as healthy leverages, low margins and a variety of sectors, contracts for difference are certainly some of the most attractive options for modern investors. Still, an incorrect or misguided strategy can cause any trader a great deal of consternation. Losses can be just as frustrating. Let’s take a quick look at a handful of suggestions in order to hone what could prove to be a slightly obtuse strategy.

PPC 

This acronym does not signify pay-per click advertising when referring to the financial markets. Instead, it can be illustrated by the phrase “preserve precious capital”. A major pitfall of many CFD investors is the failure to appreciate the risks associated with margin trading. It is wise to allow any margin trades to only comprise between 5 and 10 per cent of your total activity. You could otherwise find that your capital has been depleted within only a few trades.

Choose Your Platform Wisely

CFD trades require lightning-fast reaction times alongside access to only the most advanced of tools and instruments. Second-best platforms will simply not do. Many traders will lose money when working with out-of-date or otherwise inappropriate software. The systems offered through CMC Markets boast only the latest of instruments at your disposal when you need them the most. When these are combined with no less than 9,500 different assets to choose from, the attractiveness of this platform becomes clear.

Prudent Leverages 

Leverages can prove to be of great value when utilised within the correct market conditions. For example, some investors made stellar gains during the bullish years leading up to the financial crash of 2008. As such movements are not always easy to predict, it is better to keep leverages low in relation to your underlying capital base. This strategy will help to mitigate the chances of a leverage suddenly reversing itself.

Define Stop Losses

Stop losses should be used religiously within an CFD position. This is another area which many traders fail to adequately address. Ideally, these stops should have been predefined before the actual trade was executed. This will once again help to limit any losses which can and will occur occasionally. Some of the best investors in the world have very strict stop losses in place and regardless of the “positive” movement of the asset, they stick to these parameters.

Above all, never allow emotion to get in the way of solid judgement calls. This includes greed just as much as it centres around fear. It is much better to capitalise on short profits as opposed to setting unrealistic stop losses in hopes that a direction will miraculously reverse itself over time. Finally, always utilise the tools and educational materials offered through CMC Markets. CFD trading is associated with a rather steep learning curve. Just as Rome was not built in a day, it is a fallacy to believe that you will become a millionaire overnight.

More ways for anyone to make money – try Spread Betting

canstockphoto12823512More ways for anyone to make money – try Spread Betting
I’ve talked before how anyone can make money without having a special talent and focussed on a lot of ways to either earn money blogging, couponing or even switching providers, but I thought today I’d foray into the world of spread betting and trading, where anyone with the patience to learn and the ability to concentrate can exceed all expectations.

The days of the antiquated stuffy trader have passed and in today’s’ modern age we welcome a more normalised trading entity whom anyone can become. Now by no means am I expecting anyone here to turn into a Jordan Belfort running illegal side trades and gambling beyond control, but small steady risks in calculated spaces can yield high returns. Take for example the commodities market at the second – and more specifically Oil, which has had a turbulent time for nearly two years now.

Back in 2014, Oil was trading on the market at over $100 a barrel, but by February 2016, this had slumped to a torrid $27 a barrel as oversupply, the end of Iranian trade sanctions and newly found supplies had left the market reeling. While the last few months have enjoyed a slight buoyancy thanks to the intervention of OPEC, the agreement of the US to cut Shale investments and increased usage by India and China; the true future of the commodity’s value is still up in the air – and that is where spread betting can come in handy.

If you wanted to place a trade a few days ago, for example, when the Kuwait Oil strike was started that it would subsequently be cancelled shortly after, on the price of Oil dropping back, a call that would have agreed with the sentiment that the Kuwaiti government was prepared to enforce the cancellation of the strike, then you would have seen the 2.5% fall in price net you a rather large profit. With every point it dropped, you would have increased your profits and an early cash-out would have left you with a positive balance in your account.

Now while not every trade is likely to be that easy, the volatility in the Oil market is strong enough that keeping up to date with Google News and Social trends means that anyone can make money without having a special talent, so take advantage of the review sites and free money chances and try your hand at it today.

 

The Simplest Trading Methods to Understand and Follow

canstockphoto15581814The world of trading can be difficult to understand; particularly if you’re a complete novice. However, with many current accounts and savings accounts offering low levels of interest in what are uncertain economic times, many people are looking elsewhere for investments, with trading appearing as a solid option.

Of course, trading will always have a risk-reward element and you can lose money as well as make money. But, the level of risk is generally proportional to the investment. In this post, we take a look at the popular trading options as well as ways you can limit your risk as a beginner.

CFDs

CFDs, or Contracts for Difference as they’re also known, are agreements between two parties to exchange the difference between the opening price and the closing price of a contract.

A CFD is a derivative product and you can trade on live market movements. Unlike with other forms of trading, with CFDs, you also never own the product that the contract is based on.

When you’re trading CFDs, you’re speculating on the future movement of prices. You can go short (sell an asset) or hedge your portfolio to offset any potential losses you may incur from physical investments that you have made. This is one of the main reasons that people invest in CFDs. They’re good for diversifying a portfolio (because there are over 10,000 markets) and limiting any losses you may incur on physical investments.

Stocks and Shares

We’ve all seen people with the newspaper open wide, looking at small tables of facts and figures punctured with the odd graph. These people are monitoring their shares – although admittedly they’re doing it in an old-fashioned way.

Nowadays, most people execute their trades online with real-time updates available through online platforms. The days of bankers flashing pieces of paper on Wall Street seems quite far behind us now.

Online stocks and shares trading lends itself well to investors who are only looking to invest small amounts. With thousands of different online brokers and investing platforms available, you also have the choice to find a broker and trading platform that suits your style. As you progress through your trades, you may find that you want more information on your trades, but as a novice, simple is best. You don’t want to overload yourself with information, as this is when you’ll make mistakes.

To limit your risk, monitor sites like Investopedia so that you know all the associated jargon with stocks and shares. For example, do you know what bullish and bearish mean? There’s lots to get through.

Forex

Forex trading, or FX trading as it is also known, is the trading of foreign currency. Currencies need to be exchanged in order for businesses to be conducted between countries. For example, if you’re a New York based business and want to buy some cheese from France, you’ll have to pay for it in euros, meaning that dollars have to be exchanged to euros before the transaction is completed.

Due to the constant exchanging of money, the foreign exchange market is the largest and most liquid financial market in the world. It dwarfs, for example, the stock exchange, with $2,000 billion traded per day.

The size, volatility and global structure of the forex market mean that it has become incredibly popular with novice and experienced traders alike. It’s incredibly liquid nature also means that large trades do not affect prices, which is useful for small, individual traders. In addition, because it is open 24 hours a day, it is perfect for traders who have full time jobs and are only free to trade on an evening.

However, although exciting, forex trading also has an inherently high level of risk, with a much higher risk level than if trading equities. This means that large gains can very quickly become incredibly damaging losses in only minutes or seconds depending on your stake amount. Trading prices can move incredibly quickly in the forex world, as currencies are affected by world events. If you’re trading forex, you have to watch your investment closely.

To limit losses, it’s highly advised that you embark on a comprehensive period of study before you begin trading. Sites like ETX Capital have detailed education sections so you can learn more about forex before you invest. They can also help teach you how to interpret charts, spot trends and use trading strategies.

Spread Betting

Spread betting allows you to trade on the price movements of thousands of financial markets. These include: indices, shares, currencies, commodities and many more.

As such, spread bets are used to speculate on price movements. You can speculate on whether the price will go up (this involves you ‘going long’ or ‘buying’) or whether the price will fall (this involves you ‘going short’ or ‘selling’).

If you go long, your profits will rise in line with any increase in the price of those goods. If you go short, your profits will rise as the value of the item falls. Spread betting is a margined product, which means you only deposit a small percentage of the full value of your position.

With a margined product, you have to be incredibly careful, as your profits and losses can be significantly higher than in traditional trading as they represent the full value of the position you’ve got on the margin. Sometimes you can put down as little as 1% of the position. For this reason, spread betting isn’t always recommended for novice traders.

To conclude, all forms of trading have an inherent amount of risk attached. However, there are steps that you can take to reduce this risk as a novice trader – particularly by avoiding margins and learning as much as you can before you begin trading. Everyone trades differently, so it’s likely that one of the aforementioned speaks to you more than the others. Try free demo accounts before you invest your money (these are offered by most brokers) and ensure that it’s right for you and that you understand everything associated before you begin. This way, all of your risk should be limited as much as possible, although it can never be eliminated entirely.