10 Most Frequently Asked Questions on Forex

Dez 9,2020

10 Most Frequently Asked Questions on Forex

1. What is the best Forex platform?

There is no one way to answer such a question. This will of course depend on the trader, in accordance with his preference, knowledge, experience as well as what he intends to trade (which financial instrument). Many intermediate-experienced traders, especially when trading on the currency market, prefer to use platforms such as MT4 or C-Trader which are designed mostly for Forex trading, as well as CFD trading, and for someone with some knowledge of the trading market.

Others, more novice traders would prefer the use of such platforms as ones found from Easy-Forex, iForex, or eToro, where limited math/ computational knowledge is required for their use and are a lot more straightforward to use.

More advanced/ experienced traders, which may also prefer access to multiple markets would prefer to use such brokers as Interactive Brokers or SAXO Bank’s SAXO Trader. Such platforms usually contain much more advanced charting/ analytical tools (although to be fair most analytical tools can also be obtained from MT4/ C-Trader) and also give access to thousands of instruments including Equities, ETF’s, Swaps trading etc; and are designed with the ability to effectively allow traders to partake in such markets.

2. Forex Trader: What is the best way to do forex trading?

If you’ve looked into trading forex then you have most doubtable been exposed to all the various opportunities to make money and are wondering which is the best way to learn forex trading. First of all, the foremost thing I would advise is to get a Forex Education. There are countless material on Forex in the internet for newcomers as well as experienced traders – all you need to do is search. Spend some time reading up on how forex trading works, the concepts behind trades and how prices are impacted by economic and political conditions.

Secondly you must get some experience, if you want to learn forex trading, it’s the only way. To begin with it is prudent for this to be on a demo account. This will give you a good technical foundation on the mechanics of making forex trades and get used to using a trading platform.

After having traded for some time on a demo account it is very important to also use a Real one, albeit with little investment amount – find a broker that will accept lower sized trades (0.01 lots for FX) so that you can get a real feel for the live market. It is a whole different game trading on a demo and real platform, due to the psychological effect that trading with real money has. Trading small will allow you to put your money on the line, but at little risk if you make mistakes or lose money.

From there, provided you are gaining more than you are losing, you should gradually increase your trading size and invested capital, always keeping in mind it should be an amount you can afford to lose and which you feel comfortable with.

3. What is the best forex trading software?

There are a number of Forex Trading software available, all with their specific advantages and disadvantages. Many trading companies have built their own platforms while others prefer to use, and in effect White Label, existing solutions which are commonly known within the industry.

To say which one is best would be invalid as this falls on the opinion of the individual user, however there has been a clear trend in terms of popular platforms, which have proven to be favored among both novice and veteran traders. These platforms are the Metatrader 4 and C-Trader. The former has been built primarily for Forex products, while the latter has been designed to accompany other instruments such as Equities and ETF’s. Both platforms are easy to use and master and come complete with full charting and technical analysis capabilities.

4. Forex Trader: How can one be a good forex trader?

If it was to be summed up in one word, the key to a good forex trader is discipline. Yes there are many things to learn and know before you make any trades or get involved in the financial industry, but one thing that must stay consistent throughout is discipline. Discipline in learning, in making your first trades and in sticking with your plan.

The basics that all new traders should follow are:

– Learn about Forex – there is an abundance of material on the net. Spend a good 1 month learning. Study Technical and fundamental analysis. Your learning should continue well into your trading and be ongoing.

– Come up with a strategy – Set rules that will determine your trading pattern and how you will enter and exit the market.

– Practice on a Demo – Open a demo account and trade as if for real. Of course this will not be ‘exactly’ as if you were trading on a real, due to the fact that fear of losing would not weigh in on your decisions. Do not proceed to the next step unless you can make a profit on the demo first.

– Practice on a real account with small amount – Do this so as to be able to understand the difference between trading with real money and trading on demo. Do this with substantially a small amount, but enough so that you are concerned over losing it.

– Trade on real account with substantial amount – Do this with an amount you are ‘comfortable’ to completely lose. Even if your strategy worked on the demo and on a real with a small amount it may not continue to do so in future. Stick to your strategy (have complete discipline). If you see the strategy is failing, then adjust your strategy accordingly, but stick to it (to the pip) at all times once it has been decided.

5. Foreign Exchange Market: Is it possible for an amateur forex trader to make sustainable profits trading forex?

Many Traders have made a living off of trading Forex and some have had very wealthy returns which have allowed them to become self-employed and leave the 9-5 work behind them. All of these traders have 1 thing in common – they all started out as an amateur forex trader! No one is born with the trading know-how; it is achieved through dedication and discipline.

So Yes! an amateur forex trader can indeed make sustainable profits from trading forex. As long as he is willing to put in the effort and has the discipline to follow through with such a commitment then there is no reason why he cannot do what others have done before him in the same shoes.

6. Forex Trader: Who is the best forex trader?

There is no one best Forex Trader – or at least there is no clear way to measure this (is it the amount one has won or the % gained from it). Also as many of the top forex traders in the world do not trade with their own money but instead funds and Company capital, it means that different psychological and risk appetite conditions exist for different traders and as such makes it bias to compare such traders success with those who trade with their own capital.

The one thing to know is that what a lot of Forex traders do have in common is their appetite for success, their diversified portfolio and willingness to take measured risk.

7. Has anyone ever made money trading FOREX?

Yes! Not only have people made money trading Forex but many have made a livelihood!

Although the majority of retail traders would not have as much success as professionals would, this is largely attributed to poor money management strategies and lack of discipline in sticking with their strategy.

With 100% discipline and a good money management strategy, there is no reason why anyone should not have a good chance in making money from trading Forex.

8. Is FOREX the best way to invest money?

It is hard to say if it would be the Best as there are numerous ways of investing money and would largely depend on what the individual is familiar with; however it is one of the best, largely to the fact that unlike stocks/ housing market – an investor can make money regardless of the how the instrument is doing by both selling/ buying that instrument (or doing both – known as hedging).

In the Stock market it is only possible to invest in the success of a stock – however in Forex you can both buy/ sell a certain currency against another and hence there is always a possibility for profit to be made.

Also the fact that Forex is commonly traded on leverage, it allows Forex trading to become one of the most volatile and hence allows for higher profits (as well as losses) to be made – if traded correctly.

9. Foreign Exchange Market: What are the best forex blogs?

There are a number of locations on the web to find a great forex related blog, in fact many brokers have their own blogs also; but in order to remain unbiased I will recommend a non-broker blog. One of the most useful blogs for both novice and veteran traders alike is at babypips.com – there is a regular update on current market movement as well as an abundance of information and back-forth ideas being expressed.

10. Why do individual investors usually lose money in Forex?

The majority of retail investors end up losing money in Forex. In spite of the fact that they may receive the right training and educative material (or at least the same as some other successful traders may receive) many often fail due to bad money management rules and/or lack of discipline. The latter is the most often.

The hardest thing in Forex is not making the calculations or predicting where to enter, how much to trade and/or what your limits should be; it is sticking to your strategy and following through with 100% discipline.

por etnpool

Dez 8,2020

Guide to shopping online safely

Before making any purchase on the Internet, it is convenient that you follow all these tips. In this way you will keep your money and your personal data safe from cybercriminals

The Internet is the largest supermarket in the world and during the confinement it has gained followers . The closure of most establishments and the difficulty of getting around have made online stores the only channel for obtaining non-essential products. Although the use of electronic commerce is expected to moderate with the de-escalation, it is likely that many people who have started buying online during these weeks will continue to do so in the future. But do we know how to buy online safely? Buying online is not risk-free, so it is important to follow a series of tips so as not to end up losing money or so that our personal data does not end up in the hands of cybercriminals.

1. Verify that the web page is encrypted

If we intend to buy online, we must do so only in electronic stores where our data travels safely. We can verify that the web page uses a data encryption system by checking that the URL of the business begins with https and is preceded by a small padlock . It is also advisable to verify that the site has a valid digital certificate .

2. Be wary of shocking offers

Cybercriminals often resort to discounts to attract their victims. If we end up on a website where all products are sold at the same price, which applies excessively aggressive discounts or sells its products at a much lower amount than the competition, it is most likely that it is a fraudulent trade. If we ignore these alerts and in the end we buy, it is most likely that we will not receive the product and lose money or even that we will receive one with characteristics different from those advertised.

3. Verify the accepted means of payment

A legitimate e-commerce supports a wide variety of payment methods. If the online store announces the acceptance of many systems, but in reality it only allows payment by card or bank transfer, we should investigate a little more the legitimacy of the store before purchasing its products.

4. Bet on safe means of payment

The cash on delivery , using wallets as Apple Pay, Google or Samsung Pay Pay, the payment with prepaid cards or through payment platforms , virtual and PayPal are the most secure systems to pay for Internet.

The first allows us to pay the purchase to the carrier at the time of receiving it, although it usually involves surcharges. The latter keep our card details safe, since they are not shared with the seller. On the other hand, physical or virtual prepaid cards are not linked to our checking account or a line of credit (they work as an independent virtual wallet) and, in the event that data is stolen, they could only spend the money that we had loaded previously. Currently, it is possible to contract free prepaid cards that can be loaded and downloaded easily and instantly through the appor the website of our bank. Finally, PayPal offers a buyer protection system in the event that the product received does not correspond to the one advertised or that it does not arrive directly.

5. Review the terms and conditions

We tend to ignore them, but it is convenient to verify that the online store makes a legal notice available to its users, where we can find the data that identifies the seller and that refers to its privacy policy. If there is no trace of the legal texts, we should be suspicious. It is also worth checking the return policy of the business, especially the information regarding costs and deadlines and, if they are not satisfied, rethink the acquisition. Let’s not forget that it is easy to make mistakes when buying online.

6. Check the opinions of other customers

Before processing our order, we can perform a search on the Internet to know the experience of other customers. This way we can find out if the treatment other users have received has been positive, if the store fulfills what it promises or if, on the contrary, it is a fraudulent trade. Also, if we do not find any reference on the Internet (on opinion pages, blogs, forums, social networks, etc.), we should be suspicious.

7. Freeze your card

If we distrust an electronic commerce with which we have shared our card details or, simply, we want to sleep peacefully every night, we can turn off the card . Most Spanish banks allow you to temporarily freeze these “plastics” through their app and reactivate them later in a very simple way. With this step, we will gain in security, since, while they are blocked, no one can use them.

8. Use online shopping insurance

If we have purchased online with a card and we have not received the product or the one that has arrived does not correspond to what we had been promised, we can claim the purchase protection insurance of our card . This policy is included at no additional cost in some credit cards (it is less common in debit and prepaid cards) and will protect us in case of non-reception and non-compliance. Of course, before claiming, we must read the insurance contract to know the coverage and exclusions of the policy.

9. Watch out for spam

We must be suspicious of emails that end up in the spam folder . In many cases, the aim of the alleged sellers is just to steal our data or keep our money without sending us anything in return. Although most online businesses use email marketing to encourage purchases and promote their services, before accessing a website through a link received by this means, we must assess the reliability of the sender , check that it does not It is not a case of phishing and ask us if we know the store and if we have given you our email address at any time.

por etnpool

Dez 8,2020

Slow Finance: What is Smart Spending and Investing

Just as a plant needs time, patience and care to grow, so does our money. At the very least, this approach will be the best way for it to grow sustainably and not lose itself as quickly as it came . The Slow Finance philosophy , based on slow living, proposes this precisely: saving in a thoughtful way, without haste, prioritizing investments in the medium and long term. And regarding consumption, do it with full awareness of what, when and how we spend our money. We have already seen it with slow food (as opposed to fast food ), slow travel (traveling without haste) and, in recent years, slow fashion ( slow fashion ). Now the slow movement comes to finance and investing.

Slow Finance or how to be aware of our money

The coronavirus has meant a mandatory stoppage and, in many cases, it has been an opportunity to live more slowly, with the advantages that this entails. Now “we value more the luck we have to enjoy things like a roof, hot water and electricity, food, as well as friends and family who support us, situations that we take for granted and rarely really value”, indicates Guillem Roig, member of the Spanish Association of Financial Advisors and Planners (EFPA). Without stress or rush – as recommended by the slow movement – we can enjoy and value the little things more; We can also stop and reflect on life, our priorities… and – why not – on our finances.

The slow movement aims to live without stress, take time to produce something of quality and enjoy the process, “enjoy the trip and not obsess about getting to the destination quickly.” With regard to savings, slow living translates into “being aware of our money,” says Roig. And it is that, certainly, it is very difficult to know what we spend it on when life goes so fast. For this reason, being able to live without haste, and especially in times of uncertainty, helps us prioritize our expenses. “Ultimately, it allows us to save more and spend more intelligently,” he says.

What are slow investments?

As for investment, this slow, unhurried lifestyle “favors thinking long-term and going little by little,” says the expert. In other words, it prevents us from getting carried away by short-term dynamics that can lead to impulsive decisions that, in the long run, are “almost always harmful”.

This form of investment, which encourages acting in a conscious way, is the recipe for investing success. For this reason, slow living is an ideal philosophy for our money to grow sustainably over time.

Advantages and disadvantages for the small investor

In general, it is a way of investing that is a great advantage: it allows us to make better decisions . “Speed, greed and emotions are not usually good for managing our money properly,” says Guillem Roig.

However, this type of finance and investment also has drawbacks:

❌ The main one, that “for some people it can be boring , that is the reality”, acknowledges the EFPA expert, who also clarifies that “with money, boring works and is profitable in the long term”.

❌ It is also important to note that it is not a foolproof recipe . That is why it is essential to have real and independent advice. This will help us grow our money with our feet on the ground and increase the chances that we will meet our vital goals.

Tips for successfully practicing Slow Finance

Renta4, a pioneer bank in this way of investing, details some guidelines that you can follow so as not to make mistakes with slow investments :

✅ You should only contract products and services that you understand.
✅ It is important to be patient and not be in a hurry to create a wealth, but do it little by little.
✅ You always have to consider investments in the medium or long term .
✅ You should let yourself be advised by experts .
✅ Stay true to a strategy and avoid making decisions based on panic and euphoria.
✅ You should let yourself be advised, but keeping in mind that the final decision is only yours , and you should feel comfortable with it.

Is now a good time to invest?

Pandemic, economic crisis… It all seems to be bad news and not a few wonder if it will be the right time to invest. The expert Guillem Roig removes us from doubts: “The best time to invest was yesterday, and the second best time is now.” In his opinion, it is always a good time to start investing , if you have enough knowledge and choose the right products.

He also points out that multiple studies have shown that “trying to predict the best time to start investing does not work,” so it is best to start as soon as possible. Of course, it is essential to understand well where we put the money and with a long-term perspective , without haste .

por etnpool

Dez 7,2020

One-Leg Forex Arbitrage

Experienced Forex traders have probably noticed that there is occasionally a slight discrepancy between the quotes for a given financial instrument as displayed by different brokers.

Aside from possible manipulation by brokers, this happens as a result of temporary delays in the quotes feed, the smoothening of quotes, etc. The point of an arbitrage trade is to take advantage of these discrepancies. The trader places a buy order with a broker that has a lower price and simultaneously places a sell order for the same security with a broker that shows a higher price.

The trade is executed when the profit that can be made from the existing difference in quotes is greater than the expenses incurred in the trade (i.e. the spread and commission that are paid to both brokers). This operation is known as classic (two-leg) arbitrage.

The main advantage of classic arbitrage is the absence of risk and drawdowns.

If the quotes of one dealer always lag the quotes of another dealer, it makes more sense to apply one-leg arbitrage, where trades are placed only with the lagging broker. The advantage that one-leg arbitrage has over classic arbitrage consists of a greater profit potential; the downside is that this strategy entails drawdowns.

If we study the reasons behind trading situations that make Forex arbitrage possible, we will see that in the majority of cases they are caused by a lag in market quotes of one broker relative to a more timely quotes feed of another broker.

The delays happen for a number of reasons: the amount of time it takes for a quote to be transmitted from a liquidity provider through a broker’s server to your trading terminal can be greater for some brokers; as quotes pass through brokers, they may undergo such changes as filtering, smoothening, etc.

As a result, when a security goes through significant price movements, the security quote that you see on your trading terminal lags behind the actual market quote as provided by liquidity providers.

If the gap between the two quotes is wide enough to cover trading costs, you can place an order through the lagging broker, aiming to capture the difference between the lagging quote and the real quote of the broker with a faster quotation. In that case, you will have a statistical advantage over other traders. If the advantage is properly used, it is possible to achieve a stable growth of profitability.

It should be noted that, with one-leg arbitrage, it is completely unnecessary to hedge your open position with the second (faster) broker as you would when using the classic arbitrage strategy.

There are two reasons for this: the profit will accrue to your lagging broker anyway, and hedging will result in higher trading fees in the form of spread and commission that you will have to pay to the second broker. This type of hedge-free arbitrage is referred to as one-leg arbitrage.

It should be apparent that successful application of Forex arbitrage requires access to a source that will provide quotes that do not lag. You can use a broker with a speedier quotes feed.

A more reliable alternative involves the use of market quotes provided by a large bank or broker, e.g. LMAX or Saxobank.

The number of opportunities for arbitrage trading may vary widely from broker to broker, from dozens a day to only a couple per month. It depends on the degree to which a given broker’s quotes lag behind real market quotations.

We can conclude by busting a popular myth that one often sees expressed on the Internet. According to a firmly entrenched opinion of some, there is no point in engaging in arbitrage trading, because brokers will not pass on your arbitrage profits to you.

They are able to do so because arbitrage advisors available on the market execute ultra-fast trades that are bound to alert brokers to arbitrage activity. Moreover, almost all brokers today require a minimum wait time between the buy and the sale of a position, usually not less than 1-3 minutes.

The stipulation falls under brokers’ terms, and brokers have the right to cancel all trades that do not satisfy their terms of trading. However, arbitrage trades do not have to be executed instantly.

If you increase the holding time of your position, you should not experience any hassles with your broker. Based on our own experience, if you wait at least 10 minutes before exiting your position, you will have no problems closing it.

Let me explain why arbitrage trading can still be profitable even when there is a wait time between the buy and sale of a position.

You always have a small advantage when the quote is delayed and you place an arbitrage order. It is impossible to say where the price will head next after the quotes differential disappears, but if the volume of your trades is large enough, then half of your trades, irrespective of the subsequent price movement, will be profitable, while you will lose money on the other half.

That way, when your trading volume is sizeable, the gains and losses incurred during subsequent price movements following the disappearance of the differential will offset each other, leaving you with a small advantage. When this advantage is cumulative, you will secure a stable growth in profitability.

Essentially, the increase in the holding period between the entry and exit of your position will lead to an increase in the dispersion on your profitability chart (which will be reflected in the increase of the account drawdown, something that should be taken into consideration when choosing the size of the lot), while the average profitability of your trades will remain unchanged.

Keep in mind, however, that this only holds true when you place a large number of trades, as you have the law of large numbers working for you.

The upshot is that Forex arbitrage strategies remain a useful and highly profitable way of investing your money.

por etnpool

Dez 6,2020

credit card debt settlement

Losing sleep because you have way too much credit card debt? You’re not alone. Here are some tips which can help you with your credit card debt settlement:

Reduce your available credit

If you have several credit cards, its likely that one of them has a lower APR than the rest. And if the card that has the lowest APR has an available balance and offers balance transfer options, the practical thing to do would be to transfer balances from the cards with high APR to this card where possible. This will go a long way towards your credit card debt settlement.

Another simple solution would be to call your credit card issuer and ask them to reduce your credit limit altogether, so that you don’t have any available credit to play with. That way you wont be tempted to use the card unnecessarily, which would further increase your credit card debt.

Budgeting

Credit card debt settlement can be hastened by paying the bill on time, and paying more than the minimum amount due. A budget will help you do this. Rather than maintaining a monthly budget, try a weekly budget instead. A weekly budget is easier to adhere to and allows you to make payments towards your credit card debt settlement weekly rather than monthly. Weekly payments on your credit cards will reduce the amount of overall interest on your credit cards since interest is accrued daily, rather than monthly.

The Consumer Counseling Center of America (CCCA)

A last resort, CCCA is a non-profit organizations with branches all over the United States that helps people struggling to keep up payments on unsecured debts, including credit card debt settlement, by consolidating your debt for you, and negotiating with your creditors for your interest rates to be lowered or eliminated altogether. How much you pay will be decided on the basis of a budget . As part of the agreement, you wont have to deal with creditors anymore – you CCCA weekly or monthly and CCCA then forwards the payment to your creditors.

settlement solution for credit card: a way out the long winding highway

The hassles of having credit card debt is definitely something that hurts you inside out. It has also become a rather common problem because it is often neglected or people simply don’t know what to do other than doing reckless things that get them to even more trouble. Don’t let yourself be another addition to the world’s grieving population of credit card debt victims. Enlighten yourself with settlement solutions for credit card that are available to you. In some ways, it can be the best option you can utilize, as it basically lowers your debt once your application has been approved.

With credit card debt settlement, you can clear out your debt in at least 12 months. This is possible because you are only required to pay a small percentage of your original debt. In extreme cases, you can have only 40 percent of it to worry about. This is very good news for anyone feeling the pressure of a repayment method that would take them years to finish.

If you are on your last legs, declaring bankruptcy may be a glaring option you can choose instead of a settlement solution for credit card. This is a good last resort option since you can turn your back on the majority of your debt, leaving you with a not-so-intimidating amount to take care of. However, new laws have been enacted in Congress stating that you can only file bankruptcy if you pass a test that will determine if you are really eligible for this.

Why is a settlement solution for credit card better than, say, the more popular choice of debt consolidation? At first glance, an advantage consolidation has is you can get another loan to pay off your debt, and as such, it is seen by many as a very convenient way of managing your credit problems. But keep in mind that a consolidation loan is still a loan, and as such it needs to be repaid in full, but it in a more beneficial payment structure. This is what differentiates this method from the aforementioned ones, as it does not exactly reduce your debt by any amount.

There’s no need to consult anybody to know that credit card debt can turn into a hideous beast: hard to tame and even harder to get rid of. A settlement solution for credit card is an effective weapon you can wield to take control of the situation. So if you ever find yourself with a huge debt, you should right now be taking the steps necessary to acquire a settlement, so the help of not having to get another loan and shorter repayment time can be yours.

por etnpool

Dez 6,2020

Aids and subsidies are taxed: watch out for the fine print

To benefit from aid, you have to meet the requirements and meet the conditions, but you also have to count on the fact that it is very likely that the Treasury will take part of the money

To buy a car, to undertake, to study, to rent or adapt housing, to have an income that allows you to survive… There are many grants and subsidies, but not everything is what it seems. Yes, they are necessary help and solve the problems of many citizens. However, before requesting any of them, it is important that you know that not everyone meets the requirements to request them, that you must meet conditions if you accept them and that a large part of them must be taxed, with which the Treasury will keep a percentage of the money received, when considering them capital gains.

Requirements and conditions that exclude potential beneficiaries

If you are planning to apply for a grant to change cars, to continue your business as a self-employed person or any other help for any circumstance, you should know that they are not always granted, nor indiscriminately . All of them have requirements and conditions that “are perfectly detailed in the applications,” explains lawyer Antonia Cortés. However, “many people discover it at the same time they go to ask for help,” he adds.

It should be known, for example, that to be able to aspire to be granted one of the newest aid, the Minimum Vital Income , you must be over 23 years old and under 65 (from 18 years old, if you have minors under your care), be in the situation of job seeker or have legal residence in Spain. And these are just a few of the many requirements.

Other current aids are those designed for self- employed workers . In this case, if you intend to access those granted due to cessation of activity , you will have to demonstrate, among other things, that the turnover for the third quarter was reduced by at least 75% in relation to the same period in 2019. And, in In the case of the subsidy for seasonal self-employed workers (vendors, street vendors…), the professional “has to meet numerous requirements; among others, having been registered as a self-employed worker for very specific periods of time, ”says Cortés.

There are more conditions to access a subsidy, and many have to do “with the justification that the money contributed has been used, in effect, for the purpose for which it was requested,” says José Leandro Núñez, Audens lawyer. For example, if they give you a grant to change the windows of a flat and thus improve its energy efficiency, they could ask you for information about the project, its budget, the invoices for the work or the updated energy efficiency certificate after the change of the windows ; and you would have to provide this documentation within the established deadline (which is generally three months) and following the procedure indicated, “otherwise you could lose the aid,” he says.

Also, sometimes, to obtain aid, you have to commit to making a specific expense and being registered in the RETA (Special Scheme for Self-Employed or Self-Employed Workers) for a specific time (five or six years), which delays many professionals when requesting grants. Why? Most of the time due to uncertainty, because they do not know if their project will withstand such a long term – even more so in these moments of crisis.

Aids and subsidies can be taxed to the Treasury

But one of the biggest surprises that the beneficiaries of an aid or subsidy take is knowing that they must declare to the Treasury for that aid. In effect, “most of the aid is taxed and, therefore, will affect the result of the Declaration for the following year,” says Núñez. As the Tax Agency itself clarifies , the general rule is that subsidies or aid are considered capital gains (or even income from economic activity, in the case of the self-employed), so they are taxed for income tax purposes and must be included in the Income Statement.

In practice, “they represent an increase in income, for the purposes of calculating the tax.” For example, and simplifying as much as possible according to the lawyer, if we have a net salary of 24,000 euros and we receive a subsidy of 1,000 euros, the Tax Agency will understand that we have entered 25,000 euros in that year and “will calculate the applicable fee based on that quantity ”, details Núñez. In other words, the Treasury will keep a part of the subsidy awarded, which “will vary depending on the other income we have obtained during the year.” The most typical case, the lawyer recalls, is probably “the subsidy for the purchase of a vehicle ” (what was known as Plan Renove, Plan PIVE or, more recently, Plan Moves, to which the Government intends to give a new impetus due to the drop in sales derived from the health crisis).

por etnpool

Dez 5,2020

Guide to Acquiring UK Credit Cards

All credit cards come in most shapes, colors as well as sizes.

They come in opposite sorts as well as brands with their own list of good deals to offer. UK credit cards have been not opposite from these. When we request for a UK credit label online, there have been 3 easy stairs we can follow. First, we can poke by a list of UK credit cards we competence find whilst surfing a net.

Then, we can review a rates as well as a fees of these UK credit cards side by side as well as hope for for a routine of elimination. After we have weighed a pros as well as cons as well as a value as well as disadvantages of your tip choices, we can right away have a last decision, which between a UK credit cards offering would most appropriate fit your needs. Then, we competence ensue with your UK credit label duplicate by stuffing out a form online.

Things we should know prior to removing UK credit cards

Indeed, “plastic” has tremendously redefined a approach people outlay their money. In a US alone, some-more as well as some-more Americans have been regulating credit cards since of a monetary preference it brings. When it comes to a UK, studies uncover which a Britons owe hundreds of millions in credit label debts. Being a stretchable as well as permitted process of appropriation credit, assorted UK credit cards have been being offering by vital lenders to yield idealisation preference to a consumers.

Applying for UK credit label can be both easy as well as formidable during a same time. Well, it can be surprisingly easy compared to spending a income itself. Getting a UK credit label is utterly as easy similar to splurging your bucks upon selling spree. But, a formidable partial when we have a UK credit label or any alternative credit label for which matter, is when a monthly check arrives.

Before removing a UK credit card, have certain to revisit a little beam as well as list of terms so we will have all a report we need.

Searching for critical tips prior to we select your UK credit label will assistance we turn prepared in your purchasing decision. Being sensitive prior to stuffing out for a UK credit label duplicate will additionally assistance we revoke a probability of removing stranded up in a credit label debt trap.

Reading a little tips will additionally assistance we confirm for yourself which between a list of UK credit cards would most appropriate fit your financing needs. You can select a right UK credit label by comparing their features, seductiveness rates, as well as benefits. Among a UK credit cards available, we should find a credit label with 0%, has a most appropriate rates as well as APR for change transfers or purchases. Most importantly, never dont think about to demeanour for a UK credit label with lowest rates by celebration of a mass a descriptions delicately prior to we request for a credit label online.

Top UK Credit Cards

Since some-more than half a million pounds have been outlayed upon UK credit cards any minute-amounting to tens of billions outlayed any year-it is really critical to select a most appropriate credit label for you. Here have been a little of a tip UK credit cards available.

With their own sets of good deals to offer, it’s up to you, which between these UK credit cards is most appropriate for you. First between a list is Marbles. It offers up to 52 days’ seductiveness giveaway credit, 0% change transfers for a 1st 6 months, as well as 14.9 % APR. If you’re a sort of chairman who wants roughly all customized, this UK credit label lets we select what your label will demeanour like. It additionally lets we conduct your comment online. This UK credit label is written in a single of a safest as well as secure credit label systems around.

If we have been seeking for a UK credit label which offers from 0% APR upon change transfers, from 15.9% APR upon label purchases, no annual fees, as well as a giveaway 24-hour assistance line, afterwards we competence wish to try Virgin Card. This UK credit label can essentially be your disdainful pass to an disdainful online membership online pressed with good money-off deals.

Another is a Egg Card which automatically gives we giveaway squeeze in movement word for items. You can essentially compensate for all or partial of your transport regulating this UK credit label as well as a good of giveaway personal transport collision insurance.

Apart from that, a business additionally get a 10% bonus upon home as well as transport word policies when they make make use of of this UK credit card. The GM gold card, upon a alternative hand, offers 14.9 % APR, 0% per annum upon change transfers as well as purchases for 5 months, as well as online comment management. The most appropriate thing about this UK credit label is which a hilt will embrace a 100 giveaway Rebate Points a initial time we make make use of of it. This singular prerogative intrigue creates this UK credit label some-more fun compared to others.

After weighing all a pros as well as cons, advantages as well as disadvantages, we competence right away select a most appropriate UK credit label for you.

por etnpool

Dez 5,2020

Maximizing the potentials of the low APR credit card

Indeed, if a credit label is used properly, it can be a most absolute monetary tool. But not everyone can equates to all a costly rates of most credit label issuers offer. This is where a low APR credit label ushers in to assistance people who devise to say a change upon their comment as well as not to compensate a full volume monthly. But, what does APR stands for in a low APR credit card?

Basically, APR is a price of credit as a each year seductiveness rate.

APR stands for Annual Percentage Rate of assign can be used to review opposite credit as well as loan offers. The APR upon credit cards is customarily distributed monthly formed upon a stream volume in a card. The monthly seductiveness is distributed as if a stream label change would sojourn a same over a year; a seductiveness upon a volume over a year (APR) is worked out as well as widely separated by twelve to give a monthly interest. It is a contingency which all lenders discuss it a customer what their APR is prior to signing any agreement.

Although a arrangements as well as conditions competence change from lender to another, it is improved for people to relief a low APR credit label since a reduce a APR, a improved a understanding for them to outlay some-more income in selling around.

Why select a low APR credit card?

Low APR credit label is a great preference for those people who have been in to a tighter monetary budgeting. Being a most critical assign of a credit card, APR determines a poignant change over a longer duration of time.

In a low APR credit card, a volume of seductiveness a single contingency compensate upon his or her credit label change depends upon a APR since a reduce a APR is, a improved it is him or her since it equates to they have to compensate reduction interest. APRs in a low APR credit label can possibly be bound or variable.

If we have been formulation to have a low APR credit card, there have been so most cards which suggest low APRs which can be found online. These low APR credit cards have been selected regulating a factoring intrigue which orderly these cards by computing a series of their attributes to place a most appropriate deals during a top.

Some of a questions a single have to ask when seeking for a low APR credit label includes a chargesif they change or a bound rate; as well as if these charges have been non-static since it competence start a repayments as well as if these rate have been bound or will it stay a same.

Searching for a low APR credit label competence additionally embody inquiries upon a probability of any charges which have been not enclosed in a APR similar to discretionary remuneration word insurance or an annual charge. If there have been any, have certain which we assimilate what they have been as well as when do we have to compensate them. Lastly, seeking for a low APR credit label should embody questions upon a conditions of a credit as well as how would these conditions fit you.

If we have been right away seeking for a low April credit label we competence proceed seeking for a intrigue which could assistance we save hundreds in seductiveness with a low seductiveness credit label as well as low price processing.

Most low APR credit label offers 0% APR for a initial months upon purchases, money advances, as well as change transfers. Through these, low APR credit label can advise rebates towards any object purchased. They additionally suggest $0 guilt upon unapproved purchases, as well as no annual fees.

Some low April Credit Card which have really great intro rate for purchases is endorsed for those who would wish to relief one. They additionally suggest great deals if a single lift tall balances upon alternative cards as well as need to send a balance.

Indeed, carrying a credit label can be utilitarian as well as convenient, as well as can even assistance set up a clever credit story which will assistance we with destiny activities similar to home-buying, profitable for higher education, as well as even anticipating a job. But, prior to we request for a card, cruise a advantages as well as disadvantages generally with a stream monetary incident we have been in.

por etnpool

Dez 5,2020

How quick is your credit label processing?

Are we ready to appropriate your credit label for the unequivocally initial time? Really? Or have been we already upon your approach to your second credit card? By the way, do we know it takes ages for we to get your credit label processed?

Well, for starters let’s demeanour in to the credit label estimate theatre of your duplicate as good as since does it take we ages to have which alternative card.

The initial thing which your bank looks in to in the theatre of credit label estimate is the comment which we have in alternative credit label companies. Normally this partial of the credit label estimate stage”this is where people in banks get down as good as dirties with their annals as good as alternative companies” records.

This would additionally include how prolonged was the credit label estimate theatre when we practical for your alternative cards. This customarily equates to which your bank is perplexing to find out how many your value unequivocally is. This is the partial where they specify we in subgroups.

This additionally customarily equates to which it’s possibly you’re the good payer or they would have the have time chasing after we state to state.

If this happens in the credit label estimate stage, the bank would customarily need we to give them an swap residence where they send we the bill, by the approach this usually equates to which they wish to be certain which we have been starting to pay!

And if we get past this theatre of the credit label estimate with teenager injuries to your ego, the subsequent step will be to find out if we have any delinquent balances or alternative credit label estimate with alternative banks. This usually equates to which they have been perplexing to find out how cards have been means to for as good as you’ll be means to compensate for theirs once you’ve upheld the credit label estimate stage.

They customarily do this to opposite check if we do have the genius of profitable for the series of credit cards so they won’t get stranded the chairman which cant. And when we get upheld this stage, still with minimal repairs to your ego, the subsequent step in the credit label estimate theatre is to determine your temperament as the US citizen.

Because of the US Patriotic Act, everyone perplexing to get anything in the US is compulsory to have their identities accurate since they do not wish militant removing anything inside US dirt generally removing past credit label processing.

And the final partial of removing past the credit label estimate is to have all the things they need to check in sequence as good as to encounter the standards of their company, in the nutshell, to get the credit label as good as to get by credit label processing, we contingency have alternative credit cards which have been active. Two, we contingency be the good payer as good as 3 we contingency not have the final name which sounds similar to we have been from Afghanistan’that is.

Anyway, we competence be carrying problems when it comes to your credit label processing, many it the time, it’s value the wait. Credit cards is good monetary apparatus is used rightly as good as properly. It will capacitate the credit label hilt to conduct his or her finances.

Having the credit label additionally safeguard not usually your income as good as your hold up as good since it is unequivocally available compared to carrying money or checks each time we have to buy or compensate for something.

por etnpool

Dez 5,2020

Credit Cards You Need To Stay Away From

Credit cards have been such a preference these days, as well as usually about everyone knows it. This equates to which people wish them as well as mostly wish them in a genuine hurry. Credit label companies know this, too, as well as mostly benefaction credit label “deals” which unequivocally have been not deals during all. Certainly we have substantially perceived applications in a mail as well as seen assorted offers for credit cards upon a Internet. Here have been a little things which we need to watch out for in a little of these offers.

The Length Of The Introductory Offer

Since most people get a credit label formed upon a receptive to advice of a rudimentary offer, it is a good thought if we take a little time to consider about it. Determine both what it is observant as well as what it is not saying. For instance, notice how prolonged a rudimentary suggest is good for. In a little cases, this suggest is usually good for 3 or 6 months – frequency sufficient time to get a label damaged in. In alternative words, whilst we wish a 0% APR interest, they have been usually fooling around we with a carrot. They give it, though it is something we unequivocally can’t good from. In comparison, a little credit label companies will give we up to twelve to fifteen months to suffer it.

Fees May Apply

Of course, credit cards have fees, though a little have some-more than others. All credit cards assign seductiveness after a rudimentary suggest ends, as well as all assign late fees. The some-more aged flattering most ends there, as distant as fees go. Some cards assign an annual fee, an activation fee, a smallest change fee, as well as more. You can be flattering certain which if there have been a lot of fees trustworthy which we have been not starting to get most genuine good from which credit label – they have been dynamic to get their income back.

Balance Transfers

Balance transfers have been positively a good thought – generally if we have alternative aloft seductiveness credit cards with balances upon them. The change send choice can be a good approach to save a little income upon interest. The complaint here is which a little credit cards will assign we as most as 4% for any transfers we make. While it is reduction than a seductiveness we were profitable before, most cards will not assign we anything for it, as well as a little cards will additionally assign we 0% APR seductiveness until your total change send apportionment is paid off! Also, a length of time which we competence be means to suffer a 0% APR upon your change transfers could be extremely reduction than for purchases.

Balance transfers have been a good approach to save money. They concede we to presumably connect a little or all of your debt as well as capacitate we to compensate down a principal, rsther than than usually profitable seductiveness upon a interest. With a right label it can essentially assistance we get out of debt if we do not supplement serve purchases to a card.

Watch Out For Late Payments

Some credit label companies appear similar to they have been out to get you. If we have even a single late payment, in a little cases, it can take divided your rudimentary rates as well as now put we in to a regular seductiveness category. If we find yourself in which incident – get another credit card.

por etnpool

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