Blog Archives

Britons unaware of effect of inflation on savings

Posted on March 23, 2012
by

Many people do not know how inflation affects their medium-term finances, it has been said.

The majority of Britons are unaware about the effect inflation is having on their money stored in savings accounts such as ISAs in the wake of the global economic downturn.

That is according to Justin Modray of online resource Candid Money, who has noted that there seems to be a general lack of understanding among consumers with regard to how this figure impacts on their personal finances.

Mr Modray explained that while many people grasp the influence of inflation on everyday essentials such as gas and electric due to the clear rises in pricing it is causing, they are not yet considering how this will affect them in the longer term. Read more »

Leave a Reply ?

Use Services of Forex Managed Account for a Strict Watch on Trading

Posted on February 1, 2012
by

When entering into the world of foreign exchange trading, it is obvious for a person to be apprehensive. The magnitude of such trading is very high and extensive. But the trading mechanism is very difficult as a lot of factors have to be taken care of when dealing with foreign currencies. If one is not accustomed to the forex accounts, then it is difficult on their part to understand the mechanics of the forex market.

Many people are interested in making investments through these markets, but are not equipped with sufficient knowledge or even time to deal with the technicalities. For them and for the beginners, the forex managed account services are of immense benefits.

As the word managed suggests, these accounts are looked after by experts who are well versed in the world of forex trading. They know the investments, the returns and the right time to invest and withdraw. With their know-how, they are able to tell the costs at which investments can be done, the put and call points, and various other issues that are associated with forex trading. Read more »

[ 1 Reply ]

How to Speculate on the FTSE 100

Posted on December 10, 2011
by

The FTSE 100 is a share index comprising the 100 most capitalised companies on the London Stock Exchange. As such, it gives a fairly accurate reflection of what is happening to the LSE on any given day. The FTSE started in 1984 with a base level of 1,000 and the highest level it has reached to date, was 6,950 on 30th December 1999. After that the FTSE dropped to 3,277 in March 2002 before climbing up to 6,754 in June 2007. In March 2009 the FTSE 100 hit a low of 3,457 and then rose to 6,137 in May 2011.

One possible way to speculate on the FTSE 100 would be by signing up for an online spread betting account. This way, while you would not actually be buying any of the shares on the index, you would still have the opportunity to make the same profits and losses as you would if you actually owned them. Read more »

Leave a Reply ?