To start trading one has to make an order. But why are there so many order types? What are them? Which type is to choose under certain conditions? To make deliberate and effective decisions investor must educate himself on all the different stock order types. Market Order This type of order
As last week’s task of going beyond the simple Google search of “How to start investing” proved to be a bit easier than expected, I was slightly worried for this week’s challenge. I wondered just how much lingo I had to learn and if the information was even written in
The global Foreign Exchange market oversees upwards of $5 trillion worth of trades every day. For such a huge value of transactions to go through, someone has to lose while another smiles all the way to the bank. When it comes to trading, all sorts of investors are involved, including
Being smart with money has always been a hot topic in my family, and recently, my mother has been pressuring me to learn the ropes of investing. As my mother has difficulty navigating the internet never mind analyzing investment opportunities, it’s no surprise that she has been bugging me to educate myself about
Most of us know exactly what we want. Better yet, we even know exactly what we need to do to get it. Yet, for some reason, each day passes leaving us no closer to our goals. The cause: ourselves. We are our own worst enemy. We find every excuse in
Stock investing is the foundation of the wealth that is held by some of the richest people in the country. But you don’t have to be a tycoon to play the game. If you have a retirement account, a 401(k), or even some municipal bonds, you’re already an investor. If
The military, healthcare networks, the government, corporations and financial institutions are all obsessed with information security – and rightly so. Malicious attacks or accidental leaks can lead to catastrophic losses in sensitive data, customer information, proprietary information and financial data. But it’s not just huge entities that need to worry.
Investing in the stock market does not have to be intimidating and overwhelming. You don’t need to be an expert, and you don’t need to have a real strategy. You only really need to follow two concepts: consistency and patience over time. These two foundations are the basics of investing
While not the same as investing in the stock market, purchasing bonds – as with any investment – does involve some risk. Although bonds are historically very safe investments, rule number one of investing for dummies is that it’s better to have insurance and not need it than it is
Saving for retirement is something many Americans are not doing, and this decision will inevitably haunt them in their later years. For those who are interested in pursuing retirement plans, making investment decisions could seem overwhelming. (Check out “How to Make a Budget to Save for Retirement” to get some
Day trading is not for the faint of heart. Most beginner investors are better suited for longer-term positions, such as mutual funds, exchange-traded funds, and investing in stocks and bonds. Investors who are successful with their long-term investments, or those who have the cash to play with, can begin to