by Daniel Cordoba
If you are looking for a stable investment that does not require too much oversight in which to place some of your IRA’s funds, a storage facility can be a great option. Because there are some recurring expenses however (like the electric bill and labor costs), a self-directed IRA is usually preferable for this type of investment. If you have to pay custodial fees every time your IRA pays the electric bill, your profit margin can decrease significantly.
Though not as glamorous as investing in a tropical resort hotel, storage facilities can return strong profits on smaller initial investments. Storage properties benefit from a relatively high demand in urban centers and in outlying metropolitan areas where competition may not be as great. A nearly unavoidable fact of life is that as families grow and as individuals start to make more money, their volume of possessions increases while their available storage space decreases.
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Tags: Real Estate
Posted in Real Estate
The complex mathematical models used by hedge funds, mutual funds, money center banks, and major investment banks, like even the smart boys at Goldman Sacks, seem to have the evaluation of risk and the frequency at which “rare” statistically almost impossible to occur events actually do occur all wrong.
A black swan event is an event that is truly disastrous when it does occur but fortunately, according to the investment models, will occur very rarely. So rarely, in fact, that it makes little to no sense to worry about it. Well, that was the theory. A recent black swan that has hit the financial markets of the world squarely between the eyes and is still flying wildly about, is the subprime mortgage market meltdown. No one really knows just how this black swan event is going to play out. Probably not too well is the guess of top flight financial operators like George Soros and Warren Buffet.
Tags: black swans, fat tails
Posted in investments
Learning to trade the forex market is very easy. Learning to trade forex well and at a profit is more of an ongoing challenge.
Here are a few good reasons why learning to trade the forex market is a worthwhile undertaking. Forex, or foreign exchange trading, is the big daddy of them all in the trading field. Daily volumes are in the trillions of dollars. The huge size of the market reflects the basic use of money in the modern world. Who doesn’t like to deal with money, especially when there are good prospects of earning a bit for yourself?
The massive volume of activity every business day of the week in the forex market means that the skilled forex trader has a virtually unlimited pool of money to tap into. When trading forex you never have to worry about the size of the pot. It will always be as much as you can possibly handle. Probably even larger that anything than you can possibly imagine. The trick is to make some of that ocean of ever flowing money flow into your bank account.
Tags: Forex, forex market, forex trading
Posted in Forex
How do you become a winning stock day trader? And what is day trading anyway?
Day trading is the process of buying stocks, currencies or futures, and selling them on the same day. Out of the transaction, a skilled day trader expects to earn a profit. Notice that the word skilled is important. Stock day trading is not for the lazy or unskilled trader.
While many experience more losses than gains in day trading, there are still some more skilled stock day traders who swear by the system and continue to reap the benefits. Here are some advantages of day trading and how to become a stock day trader, as related by successful day traders.
Tags: day trading, stock day trading
Posted in Stocks
How long will the new found strength in the US Dollar continue? To venture a guess I would say perhaps longer than you would reasonably expect looking at the condition of the US economy, the price of crude oil, and the never ending war in Iraq.
The Dollar has put in an impressive performance this week as bad news about the US economy was not as bad as the market expected. The Euro traded as high as 158.20 as recently as Monday, May 27 (US markets closed for Memorial Day) and is trading down to 1.5475 as I write on early Friday morning.
The dollar has also put in a good effort against the Yen, trading up from lows of 103.25 to highs of 105.86 so far this week.
Tags: Forex, forex market, forex trading
Posted in Forex, Uncategorized
