Staying in compliance with the Internal Revenue code during tax time takes patience. The tax preparation burden on business owners grows each year, with increasing regulations and costs. According to the NSBA Small Business Taxation Survey, almost one half of small business owners spent over $5,000 on federal tax administration. This results in one in three business owners thinking that tax complexity is a critical […] Read more »
4 Investment Strategies to Grow Your Wealth
You’ve probably heard that it is important to start saving for retirement while you are young. You don’t have to be wealthy to start investing and the team at Motif Investing has provided 4 tips to grow your wealth in this infographic. From tips showcasing the small amounts that add up to diversifying your portfolio, these suggestions can help give you an edge toward meeting […] Read more »
A Quick Start Guide to Binary Options Trading
Binary option is a type of contract for a specific underlying asset. The buyer of the contract invests a certain amount of funds and buys it. Also for binary options the price of the underlying asset at the time of purchase is as important as at the time of expiration. In the most simple digital options the profit of the trade depends on the value […] Read more »
Use the Force: The Power of Compound Interest
Compound interest can seem like a mysterious force. However, it is one of the most powerful forces within finance. The following infographic showcases how you can master this “force” just like a Jedi. Learn how time is your ally when it comes to long-term investing and how small contributions can make a big difference. But like the force, it has its dark side. The same […] Read more »
Rise of the Forex Empire
When people hear the term Forex Market, they might immediately visualize the crunching of numbers in busy work cubicles, Leonardo DiCaprio in the hit movie The Wolf of Wall Street, and of course the different currency pairs that these brokers need to master – ah, insert colossal headache here! To put things simply, the Foreign Exchange Market is a marketplace in which currencies from all […] Read more »
Australia’s Bill Paying Habits
Paying bills would have to be one of the least enjoyable aspects of adulthood and understandably many of us can be guilty of missing a payment from time to time. Fox Symes & Associates, one of Australia’s leading debt consolidation providers, recently conducted a study involving 1,201 Australian adults which sought to explore some of the reasons we fail to pay our bills on time. […] Read more »
10 Most Important Aspects of Stocks
Many investors get involved with shares in companies before they truly look deeply into them. Instead, take a few minutes to do some due diligence and run every stock you are interested in through the following analysis. You will find that you will avoid many companies whose shares may have cost you, and will zone in on those great companies which are and will trend […] Read more »
Taking a Look at Pot Stocks
Despite the great benefits from legalized, recreational marijuana, which includes a drop in crime rates and an influx of tax revenues, there is a potential downside – specifically the growing risk to stock market investors. Marijuana-related penny stocks have been soaring higher in price, but have they reached overvalued levels? According to analysis by Peter Leeds and his full team of penny stock reviewers, most marijuana […] Read more »
Top 10 Tax Mistakes Traders Make
The Online Trading Academy in conjunction with their affiliate company, Tax Pros has created a list of common mistakes that many investors and traders make when they file taxes. The US tax code is a very complex book with over 1,999 different publications and tax forms. Despite the complexity of the various tax forms that is no excuse to not stay in the IRS’s good graces by knowing the […] Read more »
Australia’s Alarming Credit Card Addiction
Australia’s credit card debt is growing at an alarming rate with a combined total of $50,126,000,000 owed to lending institutions. This infographic illustrates how that debt is distributed amongst the Australian population. The latest credit card statistics released from the Reserve Bank of Australia paints an alarming portrait of a nation drowning in credit card debt. The 35-44 age group carries the most debt. Don’t get too […] Read more »