Daily Investment Tips

Forex indicator is a series of calculations which may be used to predict fluctuations in the exchange rate for particular currencies. Professional Traders investing and trading in forex currencies use Forex indicators to establish their next ‘move’ (whether to buy or sell).

Forex Indicator : Relative Strength Index

There are several Forex indicators you can use to predict currency movements. Some you need to purchase and others are free. One forex indicator is the Relative Strength Index, or RSI. This index is a measure of the ratio of appreciations to depreciations expressed between the values of 0 to 100. If you take a look at an RSI graph and notice that the value is high (greater than 70 or so), this suggests that prices have risen higher than the market expected them to, or the currency was ‘overbought’. A low RSI value (lower than 30) suggests that the rate did the opposite, or was ‘oversold’.

Forex Indicator : Fibonacci Numbers

Fibonacci numbers is another forex indicator that can be used to make decisions on whether to buy or sell. Using a ‘Fibonacci retracement’ strategy, it is possible to decide whether a change in trend (a change from depreciation to appreciation, or vice-versa) is likely to occur, although the strategy involved in doing so is rather complex, and an explanation of the strategy is likely to be way beyond the scope of this article. If you are an experienced Forex trader, taking a look at the Fibonacci retracement strategy could be a great way to make buying and selling decisions.

Remember, Forex trading involves alot of  risk, so it is possible to both gain money and lose money, so consider yourself warned about this fact!

written by Constantine Njeru \\ tags: Buy Sell, Currency Movements, Depreciation, Exchange Rate, Fibonacci Numbers, Fibonacci Retracement, Fluctuations, Forex Indicators, Forex Indicators Explained, Forex Investing, Forex Investing Tips, Forex Trader, Forex Trading, Forex Trading Tips, Graph, Professional Traders, Relative Strength Index, Risk, Rsi, Scope, Trading Currencies

The Breaking news this morning is Steve Jobs, CEO of Apple is taking a medical leave of absence to focus on his health, the company said.

According to bloomberg news, Jobs sent the following email to Apple employees:-
“I love Apple so much and hope to be back as soon as I can,” Jobs, 55

The company has not elaborated on what Sickness Steve jobs is suffering from. Mr. Jobs’s health is key to Apple.

As this news got out Apple shares fell as much as 7.7 percent in German trading to 240.10 euros ($319). The shares closed at $348.48 in New York on Friday.
We wish Jobs a quick recovery.

written by Constantine Njeru \\ tags: Apple Employees, Bloomberg News, Breaking News, Ceo Of Apple, Email, Health, Leave Of Absence, Medical Leave Of Absence, Medical News, Steve Jobs, Steve Jobs Medical Leave, Steve Jobs Sickness

Steve Jobs and Bill Gates go back many years. I found some funny cartoons of Steve and Bill talking about the days when they were poor.

This two billionaires are fierce rivals and its good to see them seated next to each other and remain civil.

Enjoy

written by Constantine Njeru \\ tags: Bill Gates, Billionaires, Funny Captions, Funny Cartoons, Gates Bill, Rivals, Steve Jobs

The following factors are used in determining a credit score. Payment history, your outstanding debt, experience in borrowing and number of recent new accounts.

How Payment History affects your credit score

35 percent of a credit score is determined by your payment history. They check whether you regularly pay your bills or fines on time to your creditors.

How Your Outstanding Debt Affects your credit score

30 percent of a credit score is based on the amounts you owe each of your creditors. The more the more your credit score will suffer.

How much experience you have in borrowing and repaying money.

15 percent of credit score  is based on the length of your credit history. The older you have been a borrower the better (assuming you’ve made timely payments).

How The Number of New Accounts Affect Your Credit Score

Finally 10 percent of your credit score is based on how many accounts you’ve recently opened. Your score can drop if it looks as if you’re seeking several new sources of credit — a sign that you may be in financial trouble

written by Constantine Njeru \\ tags: Credit History, Credit Score, Creditors, Financial Trouble, Money, New Accounts, Payment History, Timely Payments

2009 has to be the year of commodities. If you are a follower of trend following you must have made lots of cash by trend of gold, Silver & Platinum.

Look at this 2009 Price trends of this metals

2009 Gold Price Trend – up 34%

2009 Silver price trend – up 63%

2009 Platinum price trend – up 56%

2009 Palladium price trend – up an impressive 98%

If your mind was focused on the falling prices of real estate & non-starter stock market recoveries, you might have missed this commodities bull.

Should investors jump in? No! I don’t think just because this metal commodities have done well in the past they will continue doing well.

Strategy for making money in Metal commodities.

Whatever goes up, eventually comes down, one strategy is to focus on shorting the metals or sell the futures contract.

Strategy two, only for the seasoned pro, if you know how to play the speculation game keep buying the futures contract.

written by Constantine Njeru \\ tags: Amp, Contract Strategy, Follower, Futures Contract, Game, Gold Price, Gold Silver, Investors, Making Money, Metal Commodities, Metals, Palladium Price, Platinum Price, Price Trend, Price Trends, Real Estate, Silver Platinum, Silver Price, Speculation, Stock Market

Jim Rogers, a commodities guru and creator of the Rogers International Commodities Index, gave an interview to businessweek, giving his assessment of the ever rising gold price.

Jim Rogers Gold price prediction

Jim Rogers expects it to be over a couple thousand dollars an ounce sometime in the next decade.

Jim Rogers on what is driving the price of gold

• Demand from Central Banks, central banks which were selling gold a few years ago are now buying.
• The US Fiscal & Monetary Deficit – Throughout history, printing money has led to weaker currencies and higher prices for real assets.
• The Herd Mentality – Everyone is bullish about Gold and this is enough reason to drive prices up.

Read the whole Jim Rogers interview at this businessweek article.

written by Constantine Njeru \\ tags: Amp, Businessweek, Central Banks, Currencies, Gold Demand, Gold Price, Guru, Herd Mentality, International Commodities Index, Jim Rogers, Next Decade, Ounce, Price Of Gold, Printing Money, Real Assets, Rogers International Commodities Index, Thousand Dollars

In a tough economy other people may be looking for “alternative” sources of money. This alternatives may be suing others.

The fact is that anyone can find themselves a target of an overblown lawsuit. If you have a house, cash or investments – heck, if you just have a job – you could be seen as a cash cow by someone else . . . someone who could “slip” on your sidewalk or “fall down” your steps.

There are affordable ways to protect yourself. Your home insurance provides liability protection up to certain amount (sometimes $300,000). But that’s not enough to protect your assets if someone gets greedy or can prove that they suffered a substantial injury that’s your fault. Personal umbrella coverage, which gives you liability insurance above and beyond your home and car insurance, is relatively inexpensive and is a vital part of fortifying your finances.

According to the Insurance Information Institute, you can buy a $1 million umbrella policy for about $150 to $300 a year. The next million will cost about $75, and about $50 for every million after that.

written by Constantine Njeru \\ tags: 1 Million, Assets, Car Insurance, Cash Cow, Economy, Heck, Home Insurance, Insurance, Insurance Information Institute, Insurance Institute, Insurance Protection, Investments, Liability Insurance, Liability Protection, Personal Umbrella, Sidewalk, Substantial Injury, Target, Umbrella Coverage, Umbrella Policy

Money fraud is a big problem. If you take simple protection ideas you can prevent yourself from being a victim of money fraud from con artist

Keep checks in a safe place

1. Don’t sign a blank check allowing someone else to fill in the amount.
2. Never give someone your ATM, credit card or PIN or Social Security number.
3. Check your bank statements carefully for unauthorized withdrawals.
4. Be careful of joint accounts as both parties have equal access to the money.
5. When in doubt, contact the bank to stop payments or checks, to flag or put a hold on the account or to close an account.

written by Constantine Njeru \\ tags: Atm, Bank Statements, Blank Check, Checks, Close Account, Con Artist, Contact, Credit Card, Joint Accounts, Money Fraud, Safe Place, Social Security, Social Security Number, When In Doubt, Withdrawals

Seychelles offshore centre has grown to be a major destination for investor wishing to set up an offshore trust.

This are the feature & benefits of a Seychelles offshore trust as provided by Seychelles financial regulator.

• One-off registration fee
• The transfer or disposition by a person creating an international trust cannot be invalidated by any foreign rule of forced heirship.
• No restrictions on the accumulation of income
• Settlors or trustees themselves can be named as beneficiaries under the trust
• Sthe law governing an international trust is the law chosen by the settlor to be the proper law
• No requirement to mention the names of the settlor and beneficiary, unless the latter is a Seychellois
• An international trust is valid and enforceable in Seychelles

• Disclosure of information or documents relating to an international trust can only be effected in extenuating circumstances involving criminal activity

written by Constantine Njeru \\ tags: Accumulation, Amp, Beneficiaries, Beneficiary, Disclosure Of Information, Extenuating Circumstances, Financial Regulator, International Trust, Investor, Names, Offshore Centre, Offshore Trust, Registration Fee, Settlor, Seychelles Offshore, Seychellois

Credit protection is essential in any form of financial planning. If you wind up on the wrong side of a damage awards you creditors naturally will want to seize your assets. As a business man, a tax deferred retirement plan may be your most valuable asset or among the most valuable.

Under ERISA, which is Federal law, defined contribution and defined benefit plans are protected from creditors in bankruptcy actions. Almost all US states extend this protection to their own courts in civil actions.

In one case, a California physician who operated his practice as a corporation filed for bankruptcy. The physician had accumulated nearly $2 million in a retirment plan. California like many other states exempts assets in a retirement plan from liquadation.

The physician’s creditors challenged the $ 2 million exemption on the grounds that it was unfair. The court agreed with the creditors that the exemption was unfair but the court found it was powerless to ignore the exemption. As a result the physician eliminated all of his debts and walked away from bankruptcy with $ 2 million. Had he withdrawn that $ 2 million from the corporation and invested it in a personal portfolio outside of a retirement plan, he would have lost the $ 2 million.

A word of note not all retirement plans are protected from creditors. A retirement plan is not protected under ERISA if it covers only owners and spouses. You need other participating employees.

Participants should include you, your secretary, accountant, even your janitor and almost everyone working for you.

written by Constantine Njeru \\ tags: Accountant, Bankruptcy, Benefit Plans, Business Man, California Physician, Carlifornia, Civil Actions, Creditors, Damage Awards, Debts, Erisa, Financial Planning, Janitor, Participants, Personal Portfolio, Protect Assets, Retirement Assets, Retirement Plan, Retirement Plans, Tax Deferred, Wrong Side