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Birla Sun Life Mutual Fund Celebrates 15 Years Of Wealth Creation

Tuesday, January 12th, 2010

Birla Sun Life Mutual Fund (BSLMF) one of the leading Mutual Fund houses in India, is celebrating completion of 15 years of wealth creation. Since its inception, the fund house has offered funds to its investors that have created wealth for them consistently and has registered impressive growth in terms of business (asset under management).

Birla Sun Life Asset Management Company (BSLAMC) was established in 1994 & it is a joint venture between Aditya Birla Group, a well known and trusted name globally amongst Indian conglomerates and Sun Life Financial Inc, leading international financial services organization from Canada.

Known for its consistent performance, BSLAMC has received recognition from various institutes of international repute like the CRISIL, Asian investor Magazine, The Asset Magazine ICRA and Lipper. It is the only fund house in India to have won the coveted \”Mutual Fund House of the Year\” from CNBC TV 18 Crisil twice in a row. BSLAMC is amongst the top 5 asset management companies in India with an average asset under management of Rs 68,066 crores as on December 31, 2009. An impressive mix of reach through 106 branches, full range of product offerings across equity, debt, balanced & structured asset classes and strong investment performance has helped the Company enjoy trust of over 2.3 Million investors.

Aditya Birla Financial Services Group is a broad based and integrated player in the financial services space with a strong presence across verticals viz., life insurance, asset management, retail broking, distribution and wealth management, NBFC, insurance broking & advisory services and private equity. ABFSG is rapidly growing in line with its vision to be a leader and role model in the Indian financial services sector.

The seven companies representing Aditya Birla Financial Services Group are Birla Sun Life Asset Management Company, Birla Sun Life Insurance Company, Birla Global Finance Company, Aditya Birla Money (erstwhile Apollo Sindhoori Capital Investments), Birla Sun Life Distribution Company, Birla Insurance Advisory & Broking Services and Aditya Birla Capital Advisors.

The consolidated revenues from these businesses crossed USD 1 billion mark in 2008-09. ABFSG has its wings spread across more than 500 cities in India through over 1500 branches and over 2 lacs channel partners. Today ABFSG collectively enjoys trust of over 4 million customers, manages assets over USD 16 billion and prides itself for having a talent pool of over 15,000 committed employees.

ABFSG is a part of Aditya Birla Nuvo Limited (ABNL), a USD 3 billion conglomerate having leadership position across its manufacturing as well as services sector businesses. Aditya Birla Group is a USD 29 billion Indian business house operating in 25 countries across the globe of which ABNL is a subset of.

Sun Life Financial is a leading international financial services organization providing a diverse range of protection and wealth accumulation products and services. Chartered in 1865, Sun Life Financial and its partners today have operations in key markets worldwide. As of March 31, 2009, the Sun Life Financial group of companies had total assets under management of $375 billion globally.

Birla Sun Life Asset Management Company suits the wealth and income creation needs of investors across asset classes including Portfolio Management Services, Offshore Fund and Real Estate Fundoffers by offering a wide range of products. The average AUM of the fund house as of 31st December was Rs 68,066 crores making it the fifth largest fund house in India, while the number of investor folios today stands at over 23 Lakh.

A celebratory event for marking the completion of the 15 years was conducted in which Mr. Kumar Mangalam Birla, Chairman – Aditya Birla Group felicitated some of the first set of investors who are associated with BSLMF even today. These investors have realized multifold gains from their investments, underlining the need of having a long term horizon in case of equity investments.

In order to provide investment solutions to its investors on an ongoing basis, the fund house has focused on investor needs and launched innovative products. Birla Sun Life Tax Relief \’96 has secured the 1st rank based on thirteen-year annualized return of 35.33% in Indian Rupee as of 30th September 2009. BSLMF was the first to introduce Birla Cash Plus as a Quasi Money market fund. When stock markets were volatile and investor sentiment weak in the year 2002, the fund house identified the opportunity to invest in high dividend yield companies through Birla Dividend Yield Plus. Further, Birla Sun Life Tax Relief \’96\” (BSLTR\’96\”), has been adjudged \”the World\’s Best-Performing Equity Fund\”, according to Lipper global data.

Mr. A. Balasubramanian, CEO-BSLMF said, \”We have entered into the 15th year of our foundation amidst challenging environment as we move closer to the leadership position in the industry, following strong business growth. We are celebrating the occasion with solemn commitment of continuing to focus on the needs of our investors and serve them better.\” \”Over a decade and half of experience over various market cycles has helped us formulate time tested processes to help us deliver consistent investment performance for our investors\”, said Mr. Balasubramanian thus concluding the event.

Want to find out more about Birla Sunlife MF\’s 15 years of Wealth Creation, then visit Birla Sunlife Mutual Fund site & know more.

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How And Where To Find Investment Advice

Tuesday, November 10th, 2009

Your future financial stability depends on how wisely you invest the money you are earning today. There are numerous financial professionals who can advise you on all kinds of investment opportunities, and you will need to find one who understands your particular needs, and one who will ensure that you earn good returns on your investments. This article will give advice on where to find investment advice.

Your adviser will need to ascertain what kind of investment is best for you, and whether you are interested in investing in low or high risk investments.

If you choose to speak to an investment adviser at a bank, you will receive extensive information about what banks offer. Some popular investments include certificates of deposit, stocks and bonds, money market schemes and, of course, a variety of savings account options.

Consult a financial planner if you are concerned that you may fall on hard times and may not be able to access your money if it is tied up in a fixed investment. A financial planner will take a good look at your personal situation and put together an investment portfolio that will allow for any unforeseen emergencies.

If you are looking where to find investment advice on stocks and bonds, it may be a good idea to consult with a professional investment adviser who will be well informed in this sphere of investment. People wanting the best advice about retirement fund investments often refer to an investment adviser.

A good business broker can give invaluable advice about investments. Brokers have vast experience in all areas of investment and can help you seize a lucrative opportunity for investment.

Investors who already have comprehensive portfolios usually employ an investment manager to oversee their client’s investments and alert them whenever a new investment opportunity comes up. Your investment manager will make sure that you maintain a portfolio that contains a varied range of investments.

It must be remembered that all investments carry benefits and risks. Investing internationally carries economic, political, currency and social risks. On the other side of the coin, fixed income investments carry risks associated with interest rate fluctuations. Therefore if you want to know where to find investment advice, it is imperative to take your time and consider all options.

Are you searching for a solid good financial investment advice that is good for you? Before you waste your time searching for quality financial investment information, check out BeforeYouInvest.com’s guide to investing for beginners. We review everything from where to buy investments to the low initial investment mutual funds.

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Point … Figure Trading (Part I)

Sunday, November 8th, 2009

Point and figure trading in many ways is similar to the support and resistance breakout trading on bar or candlestick charts. The main difference is the look and functionality of the price charts themselves!

Many forex charting platforms provide the option of point and figure charts. Point and figure charts represent price in a radically different manner from the more familiar bar and candlestick charts.

Point and figure trading is based exclusively on price action. Point and figure charts are a pure price action play because these charts generally exclude all other elements like time, volume and open/close other than price.

Technical analysis is the study of price action. Technical analysis is used to predict or confirm an uptrend or downtrend or a consolidation in the market. Point and figure charts represent clear evidence of such important technical characteristics like trend, support/resistance and breakouts. Thus a point and figure chart focuses on the behavior of price action which is the most important factor from the technical analysis point of view.

If you look at the point and figure chart you will see many columns with Xs and Os marked in them. How do you figure out what does this means? A point and figure chart has got Xs and Os. A point and figure chart is constructed with a column of boxes alternately labeled with Xs and Os. An X column means that the price has risen in that column. Conversely, an O column means that the price has declined in that column.

So there is no concept of time in a point and figure chart. Only when price moves a significant amount regardless of time will an existing column grow or a new column is created. A new column is created going in the opposite direction when a reversal occurs on any column. So there is no time, volume, opens and close on point and figure charts.

How is a point and figure chart constructed? It depends on two variables. The first variable is the box size. This is the minimum amount that the price is supposed to move before a new box in the existing column is created. These two variables can alter the way the point and figure charts look and act.

You will see many columns of Xs and Os in the point and figure chart. X is equal to fixed price increase. Each X denotes a rising trend. For example, price would need to move an additional amount equal to the preset box size before another X would be added to the top of the column if a column of Xs has 10 boxes.

Suppose, you are using the point and figure chart. You set the box size on the point and figure chart to be equal to 10 pips on the point and figure charting software.

X column and O column. In an X column, the price would have to move another 10 pips above each X box before another X could be added on top of that X. On the other hand, in an O column, price would have to move 10 pips lower than the each box in O column to add another O box on the bottom of the column.

The second important variable is the reversal amount. This is the amount of pips the price needs to reverse before a new column is created. Read the second part of this article to know more about Point and Figure Trading.

Mr. Ahmad Hassam is a Harvard University Graduate. Try This Cash Printing Forex Signal Service From Heaven! First practice on your Forex Demo Account!

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Trading Divergences

Saturday, November 7th, 2009

Divergence trading is one of the ways to trade the market. Though divergence trading is not often used but if used correctly it can be highly profitable. Divergences are often used as important trading signals. But it doesn’t mean that divergences will always predict a reversal correctly. Price oscillator divergences have long been acknowledged by technical traders as a solid indicator of potential price reversals. Well defined divergences particularly on the long term charts can be surprisingly accurate in many instances.

Price divergence oscillators can be spotted with just two elements on the price charts. Catching a major price reversal at the correct time can be so profitable that only a few accurate divergence signals are needed to offset the inevitable false signals.

How do you determine a divergence? There are two elements in a divergence. The first element is the price and the second element is an oscillator that runs either above or below a price level. This second element can be Stochastics, RSI, MACD or any similar oscillator.

The Moving Average Convergence Divergence (MACD) is among the most popular technical indicator or an oscillator invented. Many traders use MACD as their sole confirming indicator.

MACD acts as a sign of trend momentum by representing the relationship between two moving averages. MACD is a multifaceted indicator. Some traders also take trading signals exclusively from MACD.

MACD can be traded by taking signals from the crossovers of two lines, crosses above and below the zero line. Relative Strength Indicator (RSI) is another popular oscillator that provides a measure of price momentum.

RSI is an indicator that gives overbought and oversold signals in ranging markets. RSI may also be used for divergence purposes. However, its usefulness like most other indicators tends to diminish during a trending market. Stochastic indicator may also be used for divergence trading.

A divergence occurs when there is an imbalance between the price element and the oscillator element. Both begin to go separate ways and start telling opposite tales. This is the point when the oscillator is providing a strong hint that price may be losing its momentum and a change in price direction may therefore be impending.

There are two types of divergences. A bearish divergence occurs when the price hits a higher high while the oscillator hits a lower high. A bearish divergence is a hint for an impending reversal back down.

What does a bearish divergence means? It is an indication that price may soon turn and go back down as the higher high in the price may lose its momentum and begin falling in case of a bearish divergence.

A bullish divergence is an exact opposite of the bearish divergence. A bullish divergence occurs when price hits a lower low while the oscillator hits a corresponding higher low. A bullish divergence hints at an impending reversal back up.

Divergences are often used as hints of possible turns and reversals. However, divergences are not frequently used as a full fledged self sufficient trading strategy. When used in conjunction with other trading tools, divergences can be a remarkably effective method for helping to time major market events.

Mr. Ahmad Hassam has done Masters from Harvard University. Try These Cash Printing Forex Signals From Heaven! Learn Fibonacci Retracement

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Multiple Timeframe Trading

Saturday, November 7th, 2009

Have you ever traded multiple timeframes? No, then let me explain what multiple timeframe trading is. In multiple timeframe trading, a trader first looks at a longer timeframe like a monthly or weekly chart to determine the overall direction of the trend. Multiple time frame trading is a trading method used extensively by forex traders. It involves the use of multiple timeframes.

If the trader finds a decisive long term trend on this timeframe, he/she then decides to drill down to a shorter timeframe like the daily or 4 hourly chart to look for dips or pullbacks in the trend.

In a strong long term uptrend, a minor downward retracement would represent a potentially high probability entry to get in the trend at a reasonably good price. Finally the trader may drill down to an even shorter timeframe like the 30 minutes or 15 minutes charts to pinpoint and time the exact entry.

Suppose, you are interested in trading multiple timeframes! You identify the retracement in an uptrend on a 4 hourly chart. What you need to do is to wait for a resistance breakout on a 15 minute chart in the direction of the trend before entering into a long position.

Multiple timeframe trading can be very powerful if used correctly. What make multiple timeframe trading so powerful is that it puts the traders on the right side of the market while also identifying the highest probability entries available.

One of the multiple timeframe trading strategies is known as Triple Screen. A triple screen resolves the contradiction between the technical indicators and timeframes. The first screen is the long term charts and strategic decisions on long term charts are made using the trend following indicators.

The second screen is used to make technical decisions about entries and exits using oscillators. The second screen is the intermediate charts. Suppose your favorite timeframe is the 4 hour chart. Call it your intermediate time frame. The third screen can be an intermediate chart or a short term chart. The third screen is used to place buy and sell orders.

Begin by looking at your favorite chart, the one that you use the most. Call it intermediate chart. Multiply its length by five to find the long term chart. Now use trend following indicators on the long term charts.

Use these trend following indicators in the long term charts to make your strategic decision to go long, short or stay out of the trade. Staying out of the trade is a legitimate position.

Return to the intermediate chart if the long term chart is bearish or bullish. Use oscillators to look for entry or exit points in the direction of the long term trend. Set stops and profit targets before you switch to short term charts to fine tune entries and exits.

Triple screen is a simple but ingenious multiple timeframe approach to forex trading. Use it on your demo account to get familiar with it before you trade live with the triple screen method.

Mr. Ahmad Hassam has done Masters from Harvard University. Try This Cash Printing Forex Signal Service From Heaven! First practice on your Forex Demo Account!

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The Best Stock Trading Software Make Money Online Trading

Thursday, November 5th, 2009

You want to know how to buy good cheap stocks when trading online. You may or may have had an account online for trading stocks and have used their tools to make money trading stocks. It is always a good idea to have several tools or sources of information to help you know when and how to buy good cheap stocks.

We all know the hallmarks of what to look for in profitable stocks to buy good cheap stocks. PE ratio of 10 or more, and a profitable company in an expanding industry. These methods are used as safe stock picks. For someone to be more successful in picking stocks you should be using the best stock trading software available to help increase results and maximize profit. Professional traders usually have several tools at their disposal for making stock picks.

There are many stock options from large to mid to micro cap when examining all your cheap stock options. You may be learning how to buy good cheap stocks online and the best stock trading software that can do chart analysis and detect chart patterns may help maximize profit. Some software can analyze charts of thousands of stocks and see patterns that the typical professional stock trader could miss when trying to analyze stocks the old way that is why chart analysis is best left to a computer.

The best penny stock day traders are in it for the profit but are very active looking to take quick profit and make trades hourly, daily taking profit quickly from penny stocks. The penny stock investor is in it for the long term and is usually happy just to go with a few picks and trade stocks every so often. Either way if you have a large portfolio or want to get serious then you need some good tools to help make decisions quick and keep risk to a minimum when picking penny stocks.

If your after hours or day trading it is crucial you have stock analysis software you can depend on. Successful trading strategies and systems helps you narrow down the picks the free tools big online discount brokers suggest. Successful trading systems should make your picks more profitable, easier and there should be less risk and more reward.

With the popularity of wireless Internet and WiFi access in hotels and on the road it is not unusual for your typical successful stock trader to take their laptop computer on the road to make sure they have no surprises when they return home. Just make sure you have secure Internet access.

Stock trading software gives you the power of a professional trader even if you have little knowledge of chart trading and analysis. You can also back up stock picks form other free tools and save countless hours doing the research manually with you own strategies and systems providing you have some. You could also learn how to find good cheap stocks.

Even if your new or a novice and you are wanting more control of your stock investments picks and want the power of the professional trading online, using the best stock trading software is the way to go. We all want to create wealth and have financial freedom and to make money trading online is a very viable opportunity for someone who wants to learn how to trade stocks. No matter what you skill level is you should always be reading to increase you knowledge and ability to pick profitable stocks.

For more information on the Best Stock Trading Software or Stock Trading Software

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Pivot Point … Fibonacci Trading (Part II)

Thursday, November 5th, 2009

Pivot points are considered to be leading indicators unlike most of the other technical indicators. This makes them highly useful to the traders to tell them about the market sentiment whether it is bullish or bearish. There are a number of pivot points that you need to calculate. How is the pivot levels calculated? Beginning with the main Pivot Point that is calculated from the previous day’s key price points, the resulting support and resistance are subsequently derived from the following calculations:

R1 (Resistance 1) = 2PP-Yesterday’s Low. R2 (Resistance 2) = PP + (R1-S1). R3 (Resistance 3) = Yesterday’s High + 2(PP-Yesterday’s Low).

Main Pivot Point PP = (Previous Low + Previous High + Previous Close)/3.

S3 (Support 3) = Yesterday’s Low-2(Yesterday’s High -PP). S2= PP- (R1-S1). S1 (Support 1) = 2PP – Yesterday’s High.

Now most of the trading software has the inbuilt function to calculate the pivot point for you. The main pivot point can be calculated for any time interval. The main pivot point is very important. After calculating these pivot points they are plotted on the currency price chart. Trader’s can calculate the current day’s pivot points using the above formulas based on the previous day’s price data.

Breakouts or bounces may be traded with pivot points. Once these pivot levels are calculated and plotted, they are used in much the same way as Fibonacci Retracement. These pivot points are often also used as profit targets. Pivot points also indicate whether the market sentiment is bullish or bearish. Traders also use pivot points as reference levels to provide information as to whether the current price is relatively low or relatively high within its expected price range for the day.

You can further refine your pivot point levels by using the S1, R1 and other levels. S1, S2 and S3 as well as R1, R2 and R3 are used as references in pivot point trading. For example, traders may look for long trading opportunities with the view that the price will reasonably move towards equilibrium around the main PP level if the price is near the day’s S2.

Many traders use different time frames in their trading decisions. You can also calculate the pivot levels for a week and for a month time frame too. Instead of calculating the pivot points for the current day you can also calculated the above levels for 4 hour charts as well as 8 hour charts.

You can combine pivot points with the Fibonacci levels as well. When calculating the pivot points for the other time frames just replace the day’s highs, lows and the closing prices with the appropriate time frame highs, lows and closing prices. Both Fibonacci and Pivot Points are excellent technical tools that often encompass entire trading discipline in themselves.

In an extremely bullish market condition, the pivot point can become the target low for the trading session. This number represents the true value of a prior session. It is important to understand that it can be used as an actual trading number in determining the high or the low of a given time period, especially in strong bull or bear market conditions.

Pivot point trading has been successfully used by traders in making trading decisions. Traders will step in and buy the pullback until that pivot point is broken by prices trading below that level. A retracement back to the pivot will attract buyers if the market gaps higher above the pivot point in an uptrending market. The opposite is true for the pivot point will act as the target high for the session in an extremely bearish market condition.

What you need to understand is the market psychology at any particular point of time. If you can do that you can become a master trader. Understanding what the herd is doing can help you decide what to do and what not do in your trading. Technically speaking, in a bearish market, the highs should be lower and the lows should be lower than in the preceding time frame. Generally prices come back up to test the pivot point if a news-driven event causes the market to gap lower after traders take time interpreting the information and the news. Sellers will take action and start pressing the market lower again if the market fails to break that level and trade higher.

Mr. Ahmad Hassam is a Harvard University Graduate. Try These Cash Printing Forex Signals From Heaven! Learn Fibonacci Retracement

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Seasonality In Trading

Monday, November 2nd, 2009

Our lives are affected by the seasons during the year. Spring makes you happy! Autumn is sad. Winters are good. Summers are hot. Do the seasons affect the markets too? Are there any seasons in the markets too? Do the markets become exuberant too? Are there any gloomy days in the market? Yes, for the last one year the markets are gloomy. The first question that comes to your mind is that are these seasonal cycles real in the markets and how you can time your trading with these cycles? The stock market is full of sayings like, Sell in May and go away, as well as the conventional wisdom about the, summer rally, the Santa Claus rally, the dark days of autumn, the presidential cycle, and so on.

Markets are about big banks, insurance companies, hedge funds, sovereign wealth funds, governments, mutual funds and individual investors creating a very diverse and dynamic environment. Markets are always changing; money keeps on moving in and out of stocks, bonds, currencies, commodities and so on with the stroke of a mouse and speed of electron thousands of times every day.

Still such fast action, there is some seasonality in the markets that you should know if you are trading these markets. In 1960s when big Wall Street players would go on summer off, volume dried up and the market tended to have a slight upward bias. Now, with the high speed internet connection and satellites, any money manager can stay in touch with the market on his laptop or mobile phone even on family vacations in a remote island of Pacific!

Technology and innovation always bring change and new things. Past is gone. Everything is now real time. Breaking news is being flashed across the world in minutes if not in seconds. Twitter recently broke the record and spread the news of the death of Michael Jackson so fast that even search engines could not live up to the speed of Twitter. With globalization and the ability to communicate in real time, money has started to move in a less predictable fashion. This has altered the trading patterns. What used to work yesterday does not work today. Money flows very fast now days! In the past markets were a whole lot less complicated. Most of the money moved between US and Europe.

So the world has changed. Life is faster now. Money has no borders now. It flows where it finds the best rate of return. This is a more integrated world now. We are living in a global village. Are there any seasons left in the market? The seasons are still there but they tend to be mostly overshadowed by the fast paced nature of our world now. Everyday there is new breaking news so the seasons tend to get overshadowed. At the same time, you should be aware that there are times when the markets do tend to follow these seasonal patterns. You shouldnt rely on seasonal analysis as your main method of trading stocks, bonds, currencies or commodities.

During the last 50 years the stock markets had an upward bias. It meant if you had bought stocks and kept them for a few years, there would have been an invariable price appreciation. No doubt, minor downturns were always there in the market but the overall trend in the markets had been up. Historically, September tends to be the toughest month of the year. For the past 50 years, the average return on S…P 500 for the month of September has been around 0.6%. Dow Jones Industrial Average has even preformed worse with return of -1%. Now stock markets have a certain tendency to move in certain directions during certain months of the year. This general seasonal trend is a good one to keep in the background of your mind.

September has been traditionally a bad month and November has been a good month for the bulls. The S…P 500 Index has the general tendency to rise in the month of November. December is another typically strong month. December is the month of holidays and the end of the year. Holidays means investors are in a cheerful and exuberant mood and the money managers want to show a good performance at the end of the month.

Mr. Ahmad Hassam has done Masters from Harvard University. Try This 1500 Pips A Day Forex Signal Service! Know These Candlestick Patterns!

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Pattern Trading Explained

Saturday, October 31st, 2009

There are basically two types of chart patterns. One are the chart patterns that generally represent price consolidation and include patterns like triangles, flags, pennants, wedges, rectangles and the head and shoulder pattern among others. Pattern trading may be considered one form of breakout trading.

Now dont confuse the head and shoulder with the name of a shampoo. It is a chart pattern that you must be familiar with if you want to continue reading this article otherwise first make yourself clear about these chart patterns and then continue reading this article. For the most part these chart patterns are traded when a breakout of one or another kind occurs.

Now when we talk of pattern breakouts it should be clear which chart patterns constitute a continuation pattern and which chart patterns are considered reversal patterns. The second type of chart patterns that are the Japanese Candlestick patterns! Candlestick patterns are not tied as closely with breakout trading.

What chart patterns constitute a trend reversal? The most common chart patterns found on the currency charts that are generally considered to be reversal formations include double tops/bottoms, triple tops/bottoms and head and shoulder tops and bottoms.

When a continuation pattern approaches breakout on the side of the pattern that would denote a continuation, technical traders patiently wait for a breakout. The most common chart patterns that are generally considered to be continuation patterns include flags, pennants, triangles, wedges, rectangles and others.

This type of trade is treated as a breakout trade with similar type of entry and stop loss placement as with standard support/resistance breakout trades. One benefit of pattern trading lies in the precise profit targets.

A good example is that of the head and shoulder pattern. The traditional signal for the trade is after that price breaks the neckline. Profit target is derived by measuring the height from the top of the head to the neckline then projecting that height from the neckline breakdown for the profit target.

In actuality, any type of breakout of these patterns whether in the direction of the continuation or reversal is eagerly watched traded event. Similarly the height of the rectangle is projected up or down to derive the profit target after the breakout in case of the rectangle consolidation pattern. Triangles, flags, pennants and other chart patterns also have convenient build in profit targets.

Candlestick patterns in themselves are not usually considered as trading signals. Rather candlestick patterns are most often used as important trade confirmation tools in conjunction with other technical indicators.

For example, it should not be taken as a reversal signal to buy low if the hammer candlestick pattern occurs after a steep well defined down trend. However, if this hammer candlestick pattern occurs right at a well established support level, the hammer candle may be taken as a strong signal that a potential long trade may be profitable.

Mr. Ahmad Hassam is a Harvard University Graduate. Try This 1500 Pips A Day Forex Signal Service from heaven! Learn These Candlestick Patterns!

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Investment Strategies For Everyone To Follow

Friday, October 30th, 2009

No matter what age you are or what type of work you do for a living, you should start saving for your retirement now if you haven’t already. While there may be special types of investments available to you due to your personal financial position, there are several general investment strategies for everyone.

Take advantage of your company’s 401K plan. Participating in your employer sponsored 401K plan is perhaps the easiest (and smartest) thing you can do to start saving for your retirement. Many workplaces will match a portion of your contributions. Figure out how much they will match, to what percentage, and begin contributing the maximum that your work will match. Because the money is taken pre-tax, it will not affect your wallet much.

Open a savings account. In addition to your 401K, you should have a savings account that you regularly deposit money into. As little as $10 a week adds up to over $500 a year. The more you can save a week, the better.

Own your own home. The number one thing you can do to invest in your future is to own your own home. You will not be tossing aside money each month on rent, instead you will be building value in your home. When things change and it’s time to move, when you sell your home you will walk away with more money than you started.

Keep and emergency fund. Having a savings account alone is not enough. Everyone should keep aside in a special account enough money to pay for several months worth of expenses. That way in case something happens where you or your loved one is out of their job, you will still be able to pay for all of your bills. The last thing you want is to lose your home.

Be frugal. Do not go out to eat all the time. Special occasions and to treat yourself are ok, however going out to eat more than once a week is excessive. If you do not bring your own lunch to work then start bringing meals – even if it is one or two times a week. Any little thing you can do to change your spending habits means that you will have more money in your pocket to put into your savings account.

Time is your ally. The more money you save, and the earlier you start saving, then the more you will have when you finally retire. That’s due to compounding interest. You will earn money on the money that you earn. Although at first the amount will be small, as time goes on the balance will significantly grow.

Are you new to investing and aren’t sure what you should be doing? BeforeYouInvest.com is your one stop resource for investing money online featuring a beginners guide to investing and advice from the buying stocks to property investing. If you’re looking to invest money check us out today.

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