What Are Binary Options Exactly?

binary options trading signalsBinary options are a specific sort of options where your payout will wither be a fixed amount of cash or nothing at all. While a simple example of this would be say a lottery ticket where you are going to win or lose there are a few other examples that make more sense to take a risk in. One of these examples is the stock market where one may purchase some stock that has a set payment of X where if that stock is trading at X price or above on a certain date you will get a payment. While these are always an extreme gamble many people have been successful using this method of stock trading.

Many people will also tell you that the risk is too extreme and you should look to risk money elsewhere. If you are smart and do some research you can prove these people wrong and make a nice tidy sum of cash quickly for yourself via binary options trading. So what does one need to know to become successful with this method?

Research Research Research – As with any potential investment opportunity do your research beforehand. Continue Reading »

How to Get the Best Kanetix Car Insurance Deal

Getting the best Kanetix car insurance deal is a very individual process. It involves getting Kanetix car insurance quotes. However, the coverages and the the deductibles will be different from person to person. One consumer may need very high policy limits while another may be find with a more basic policy. Someone who owns a car that is very old and has little value does not need collision coverage while another person with a brand new car does. The ideal policy for each person will vary, but the thing to do is to figure out what type of protection is needed and how much to spend on auto insurance.

When getting quotes from Kanetix car insurance companies, the first thing to do is to choose the coverages. Everyone will want to have liability. This means the insurance company will pay for damage to another party even if the policyholder is at fault. This protects the policyholder from huge financial losses from having to pay for car damage and medical expenses of the other party. The liability does not cover the policyholder or anyone in his or her car. Those who have cars that are newer should consider adding comprehensive and collision coverage when getting Kanetix auto insurance quotes. This will cover damage to the policyholder's car regardless of who is at fault.

Another important factor in auto insurance premiums is the deductible. Consumers need to decide how much of a claim they are willing to absorb financially. For example, those with a $500 deductible on collision will have the pay the first $500 of collision damage. It is possible to get the deductible refunded at a much later date when fault is determined in an accident. However, the consumer should not count on this benefit because the refund won't happen if he or she is at fault. Of course, a lower deductible means higher insurance premiums. When getting auto insurance quotes comparison at Kanetix, make sure the deductibles are the same during comparisons with other auto insurance companies. That way, an accurate comparison is being made.

In general, consumers should purchase an amount of coverage that they are comfortable with without making the premiums unaffordable. It's important to avoid purchasing too much insurance as well as too little. That is how each consumer will be able to get the right deal on auto insurance.

The BEST Business Model Ever!

Never before in the history of humanity have there been a time as this when the whole world seems to be realizing finally, the very intent and purpose for creation – collaboration. The stiff competition that often characterized the industrial age is gradually giving way to this new age where passion thrives and information rules. Businesses are beginning to awaken to the fact that unless there’s something SIGNIFICANTLY unusual about their business, there’s no way they are going to remain relevant. It is increasingly becoming obvious, that the businesses that will thrive in this new age are those who are consistently willing to touch a heart before asking for a hand – being helpful.

No longer will the market tolerate businesses that are out to get before giving, no longer will the market tolerate businesses that are not different and making a difference, no longer will the market tolerate businesses that are not unique and being useful, no longer will the market tolerate businesses that don’t stand for something, no longer will the market tolerate businesses that are not contributing to the success of their customers.

In this new age, the law of exchange which states that; ‘to get, you must first give’ is the standard on which every business that aspires to grow must be built. Every site I visit is now giving away something, mostly an eBook in exchange for my email. Everyone is sharing something, whether it’s a link on Twitter, a video on YouTube or a picture on FaceBook. The whole world seems to be in the business of helping someone. To thrive in this new age, being Helpful must become your new business model. Woven under the very fabric of your business must be a strong desire to help. Your business must be built on the principle of helping someone accomplish a particular goal or objective as a result of coming in contact with the product or service your business offers.

What is a Business Model?

Looking at this concept, two words come into play, business and model. For better understanding, I am going to separate them and look at each individually, ok?

The Meaning of Business

A business is a social institution that provides a product or service to a particular group of people known as customers or clients for a particular agreed fee or price.

The first word in the definition that I will like to talk about is social institution. A business at its core is purely built on social interaction. Meaning, everything in the world of business revolves around people. Your employees are people, so are your customers and your suppliers and bankers and lawyers and partners or investors. There’s no way you can do business outside of people. So what does this suggest to you? It clearly means that to succeed in business, you cannot avoid dealing with people and when people are involved, the golden rule must apply; “do unto others how you would have them do unto you.” Underlying the golden rule is the law of exchange [giving before getting] at work.

Going back to the definition, you would see the law of exchange at play again. How do I mean? You would notice that the definition of business clearly states that a business must first provide [give] products or services to a particular group of people who would then pay an agreed fee or price [get]. In other words, you are not permitted to get until you give. Therefore, business is a discipline that involves dealing with people through the provision of goods and services that attract payment in return.

The meaning of a Model

A model by itself is the interpretation, representation or simulation of a theory in real life. It’s how we mentally try to imagine or portray what a theory, principle, concept or idea will look like in practice.

According to Dr. Phil Walker,

“Models are used to help us understand how things might work in real life. They are the mental representation of an outward reality. A good working model must be exact enough to give us answers to how things will work yet flexible enough to allow for adjustments and changes.”

In case all of the grammar in the definition above didn’t sink, here’s one that might sink. I’m sure you are very familiar with models, they come in different categories; we have beauty models, fashion models and role models. Picture a fashion model for example, what do they do? They basically portray how a particular design of an apparel or clothing will look like when worn in real life. They are in other words, the representation of what the cloth will look like on your body. Merely looking at them gives you a clue of how it would look on you even though you haven’t actually worn the cloth or apparel yourself. A model works basically in the same manner.

Looking at another example, role models, we all know what they are meant for. They are the physical representations of what we would like our life to look like when it is finally done. They give us a clue that when we lead our life in a particular way just as that of our role model, eventually we’ll be just like them. The same again, is how models in business work. They give us a mental clue, representation or interpretation of what a concept, idea, principle, thought, philosophy etc. will look like in reality.

Start a Cruise Travel Home Business

You’ve gone on your first or your 100th cruise and loved it. Did you ever consider starting a cruise travel agency? You enjoy the searching for the perfect cruise for yourself and everyone around you. You like setting up and taking care of all the arrangements. If this sounds exciting and fun, why not profit from it, and start your own travel agency.

The travel industry currently shows $4 trillion annually spent in flights, cruises, cars, hotels and more. The amount is expected to continue growing as more people are living in two-income families and have access to more money. Why not take part of the $4 trillion for yourself, and let your travel home business pay for your next cruise.

If you have considered starting a home business, but are afraid to quit your full-time job, a travel home business is just right for you. You can start the business part time, and expand it slowly or quickly. No matter what the reason, this is a pajama job that will grow quickly and show results almost immediately.

Starting a cruise travel home business does have start up costs. Depending on the route you take to open your business will affect the start up cost of your home business, however, many have only minimal costs. These start up costs include national organization fees, software fees, and possibly affiliation fees, depending on how you want to work your business. You have many options available.

The first step is to start researching the the industry. Check out all websites and books published by National Organizations affiliated with travel and cruise agents, such as the National Association of Commissioned Travel Agents. These resources will give you information on affiliation with a parent travel agency as an independent contractor, and steps on how to pursue a travel home business from the ground up.

Either way you decide to go, it is best to create a brief general business plan. You can download a sample business plan from the Small Business Administration website, or go to the local office for a copy. This plan will help you understand what you will need to do to be successful and how to budget for profit. This plan is dynamic and ever changing and should be updated frequently.

Becoming affiliated with a large travel agency gives your business a few benefits. Some of the benefits include the reservation software training, support, updates, newsletters, and industry best practices. They have established industry connections all you need to do is find travelers.

Your travel agency will usually take off quickly, when associated with a large parent travel agency. You do not have to worry about setting prices for your services either. The parent company will set the prices and you will receive up to 50% of each reservation you book. This takes the anxiety and frustration out of worrying about profits and losses you have to contend with when setting your own prices.

The other option requires more work. You research reservation software, and talk to companies within the industry to establish connections. This option can have a higher start up cost and will take longer to show a profit for two main reasons. Until you get comfortable with the pricing of your services, you will have a trial and error phase that can create losses to your cruise travel agency. But once you get the hang of it, the profit is yours. Second, you have to contact hotels, car rental companies, airlines, cruise lines, and such and build relationships, which can take time.

However, it is not important which way you decide to start your travel agency. You will receive benefits as well as profits. These benefits may be better if you work with a travel agency but you get benefits either way. These benefits include up to 50% discounts on hotels and vacation packages, up to 70% discount on cruises, and much more.

If you decide to expand your travel agency to include other types of travel, it is much easier when associated with a larger travel agency. If you built your cruise travel home business yourself, you will need to make more contacts and create new relationships to be able to compete.

Now you have some information about a cruise travel home business. You need to look at industry periodicals, books, and websites to decide on your next step. In any event, this cruise travel home business will have your vacations and cruises paid for by your clients at discounted rates. For those who love to travel this business is perfect.

Technology Stocks Down, Wall Street Flushed

A number of indexes on Wall Street closed down. S & P even end up miserable because of a number of listed companies earnings below market expectations so investors hesitant.

Reported by Reuters on Friday (04/19/2013), the Dow Jones Industrial Average (DJI) fell 81.45 points, or 0.56 percent, to 14537.14. The Standard & Poor’s 500 Index (SPX) fell 10.40 points and 0.67 per cent to 1541.61. The Nasdaq Composite Index (IXIC) lost 38.31 points, or 1.20 percent, to 3166.36.

EBay technology stocks in the S & P fell 5.9 percent to USD58, 92 after it has seen disappointing sales results. Meanwhile, Apple shares also extended losses on Wednesday under USD400 or touching the lowest intraday since December. Apple later closed down 2.7 percent to USD392, 05.

Even so, shares of Google and Microsoft’s shares have risen respectively 0.7 and 2.2 percent.

Since the Fed announced that the U.S. economy begins to improve, the stock actually rally. Presence of an appropriate stimulus also facilitate stock movement.

However, economic data on Wednesday which said the economy would move more slowly changed the index movement. The report also mentions a number of factories in the production slowdown in U.S. economic activity that is rumored to be at its lowest point since the last seven months.

A number of exchange-traded issuers, 72 percent had been depositing the financial statements but only 43.9 percent of the estimated revenue outside.

During the regular session yesterday, the volume of shares traded approximately 7.05 billion shares traded on the New York Stock Exchange, Nasdaq and NYSE MKT.

International Debit Card Realities

The worsening state of world economies due to the onslaught of the global financial crisis has helped bring international debit cards to the spotlight. With all the benefits of international credit cards but without the act of indirectly borrowing money when making purchases with them international debit cards are now gaining worldwide recognition. Not to mention that international debit cards with an offshore primary account that is completely safe from being frozen these are indeed the new trend in handling finances.

There are certain realities about international debit cards that cannot be ignored. And only with knowledge of these can a holder make use of his card’s full potential and avoid making mistakes in its use. Three realities are given below to help people understand more about international debit cards.

Consumer Protection
There are various protections methods employed by international debit card providers. Visa and MasterCard, the two main symbols of the debit card industry for example, forbid minimum and maximum purchase sizes, surcharges, and arbitrary security procedures on the part of merchants. The providers usually charge higher transaction fees to merchants for credit transactions, since they have more chances of being associated with fraud than debit network transactions. This may lead them to “steer” customers to debit transactions. Consumers arguing charges might find it easier to do so with a credit card, since the money will not be leaving their control immediately.

Fraudulent charges on an international debit card can also cause problems with a checking account because the money is withdrawn immediately and may thus result in an overdraft or bounced checks. In some cases debit card-issuing banks will promptly refund any disputed charges until the matter can be settled, and in some jurisdictions the consumer liability for unauthorized charges is the same for both debit and credit cards.

Any fees that the customers have to pay to their banks are the same in spite of whether their transactions are conducted as credit or as debit transactions, so there is no advantage for the customers to choose one transaction mode over another. Shops may add surcharges to the price of the goods or services in accordance with laws permit such actions. Banks consider the purchases as having been made at the moment when the card was swiped, regardless of when the purchase settlement was made. Not considering of which transaction type was used, the purchase may result in an overdraft because the money is considered to have left the account at the moment of the card swiping.

Financial Access

Debit cards and secured credit cards are popular among college students who have not yet established a credit history, which is very likely as students usually have no records of debt or loans yet. Debit cards may also be used by expatriated workers to send money home to their families holding an affiliated debit card.

Issues with Deferred Posting of Offline Debit
To the consumer, a debit transaction is perceived as occurring in real-time. However, when a purchase is made using the credit debit option, the transaction merely places an authorization hold on the customer’s account; funds are not actually withdrawn until the transaction is reconciled and hard-posted to the customer’s account, usually a few days later. However, the previous sentence applies to all kinds of transaction types, at least when using a card issued by a European bank. This is in contrast to a typical credit card transaction; though it can also have a lag time of a few days before the transaction is posted to the account, it can be many days to a month or more before the consumer makes repayment with actual money.

Planning Ahead With Personal Finances

The holidays are over and summer is upon us! it’s time to take hold of your life and get it back on track. Being serious about this now means you won’t be subject to grim news later, especially when it comes to matters pertaining to your personal finances. Reforming how you think about money is the key.

And maybe how you think about money means that you need to start thinking about it: what your relationship to money is, how you might have let expensive habits rule you, and how to work on using willpower to get you out of debt. Once you’ve figured these things out, you’ll be on your way to a successful relationship with your budget.

First, consider the kind of relationship you have to money. Just like a motive is important in solving a whodunit, so is this step vital to solving your financial woes. Any doctor could tell you that identifying a symptom is the first step to establishing a cure. So: do you burn through your paycheck as soon as it arrives, rushing off to get the latest fashion or the just-released game or the updated electronic device?

Or are you a hoarder, too scared to part with a nickel more than you have to? You may wonder, what’s wrong with that? At least my spending isn’t out of control. But fear, when it comes to financial matters, can be just as destructive as ignorance. Either way, you’re letting the money dictate to you instead of vice-versa.

Once you’ve thought about taking emotion out of your relationship with money, turn your attention to the practical. Take pen and paper and a cold hard look at your monthly expenditures. What is your greatest extravagance? New shoes, dining out, expensive coffee drinks, video games? Be honest. Check your debit and credit card statements. Note not only where, but when, you’re prone to spend the most money.

Now challenge yourself to drop one of those pricey habits for the New Year. That’s not depriving yourself of every pleasure; just one. And the boost to your bank balance will be immediately obvious. Frequent trips to the espresso shop can average out to five dollars a day, which adds up to over one hundred dollars a month. That’s on something you could make at home, and probably better.

Finally, take that new savings and start paying down those debts you acquired last year, most especially for the holidays. This reduces the principal, and as that balance goes down, so too does the interest you owe. And interest is the “silent killer” of the budget. Even if you bought that shirt for 50% off, it doesn’t turn out to be such a bargain sitting on a store card that charges 23% for unpaid balances.

It’s not as hard as you imagine, getting control of your personal finances. All it takes is re-evaluating your relationship to money – and adjusting your thinking accordingly. From that practical vein you can proceed to cutting out an extravagance and funneling that extra cash into paying down your debt.

Understanding Different Types of Student Loans

Student loans can be quite complex as they have many variables. However, getting a student loan to fund your college education should not be too difficult even if you have bad credit rating; this is because most lenders (especially from the government) don’t consider credit rating as a major factor for qualification. They assume that most applicants will be going to college straight from high school, and will not have a credit rating yet. Another reason is because student loans are treated as investment loans (you’re investing in education for a better future).

There are many different types of student loans exist, it’s good to have some knowledge about them before you’re applying for one. Basically, there are two sources of student loans; either from a government or private lenders. Government student loans are usually preferable because they are subsidized and guaranteed by the U.S. government and have fixed interest rates that are usually lower than most private student loans.

To apply for a government student loan, you need to fill out the Free Application for Federal Student Aid (FAFSA). This form will calculate your ability to pay for college and determines the tuition amount you need. It basically evaluates your financial needs for such loan.

The four major types of government student loans are:

1. Stafford loan. This is the most popular type; it’s funded and guaranteed by the federal government; it can be either subsidized or unsubsidized or a combination.

2. Perkins loan. This loan is the same as a Stafford loan but currently has lower fixed rate (5%). You have to demonstrate financial need to be awarded this loan.

3. Parent PLUS loan. As its name suggests, this loan is given to parents for funding their child’s college education. The parent is the responsible party to pay back the loan. This loan usually has larger amount than the other types of loans.

4. Graduate PLUS Loan. This loan is like the Parent PLUS loan, but is given to graduate students only. If you are a full-time or half-time student attending a graduate program, you may be eligible for this type of loan.

All the loans above can be either subsidized or unsubsidized. With a subsidized loan, the government pays the interest on the loan while the student is attending school. With an unsubsidized loan the student is responsible for paying the interest.

For some people, student loans may be something they never have to deal with, but for those who are in financial need, a student loan can be one of the most important financial investments they ever make in their lifetime. We all know that a college degree can make a big difference when it comes to employment or professional careers. Most employers prefer to hire someone who has a college degree. Also, a college degree could give you higher bargaining power when it comes to negotiating your salary package.

Offline Promotions For Your Home Business

Promoting your home business is obviously one of the most important aspects in terms of becoming successful. The internet is full of opportunities where you can advertise your business. But, what about offline advertising?

Offline advertising is often one of the most overlooked ways of advertising for internet based home businesses. Let’s examine some ways you can use offline promotions to better advertise your home business.

Create Flyers

This is a great way to get the family involved in your home business! Using your computer, you can create attractive looking flyers that you can get your kids or spouse to help you hand out at the local mall, post on billboards at the shopping market or place on car windshields in parking lots. You just have to be creative. This is a very inexpensive form of advertising for your home business, and can be fun when you get the family involved.

Business Cards

This is a relatively cheap way of promoting your home business. You can find companies that can make your custom business cards for you, for very little money. Some companies I have dealt with will give as many as 250 free (excluding shipping charges), the only draw backs are they use the back of your cards to put there own business logo and usually the selection is limited compared to paid or premium business cards. Still a very good way to promote. You can leave your business cards around for people to find, leave a stack by payphones, in restaurants, in mailings to your customers. You can even save more money creating your own business cards with your home computer.

Bumper stickers/T-Shirts

Another very inexpensive way to promote your home business offline is by making up bumper stickers and/or t-shirts. This is a great way to get the word out about your product and/or service. Just give them away to everyone that wants one.


These are great to give away as free gifts to potential customers. Other promotional items may include coffee mugs, key chains, magnets, pens, etc.


Sponsor a youth athletic team, or give away free prizes at a golf tournament. Every organization is looking for sponsorship of some sort, create a plan of what you are willing to do to sponsor a organization.


Using the media is a great way to promote. If you can afford it, doing a radio or television spot can bring in a ton of potential clients to your product and/or service. Classified ads in your daily newspaper is also a great way to promote your business. You may also consider sending out a press release to the editor of your newspaper about your home business.

Direct Mail

You can purchase or rent mailing lists to send out promotional material about your product and/or service.


Unless you never leave the house, networking within your community is a great way to let other’s know about your business. You can join in community groups, chamber of commerce, kids school functions etc.

Word of Mouth

Still one of the best ways to let it be known that you have your own business. Talk about your business and website as often as you can. Encourage other family members and clients to do the same.

There are many ways to advertise your home business both online and off. For best results you really should be using both forms to advertising.

Copyright 2004 Dirk Wagner

Economic growth in Japan 'Burn' Crude Oil

West Texas Intermediate crude oil (WTI) recorded a rise back to its highest level in a week. On signs global economic growth started to accelerate, has strengthened its fuel consumption.

A government report yesterday showed gross domestic product (GDP) grew 3.5 percent in Japan, and became the fastest growth occurring in a year.

“We saw some moderate excitement here. Traders focused on positive news at this time,” said the president of Strategic Energy & Economic Research Winchester, Michael Lynch.

WTI oil futures for June delivery rose 86 cents to USD96, 02 per barrel on the New York Mercantile Exchange, the highest close since May 10. All contracts traded volume was 3.4 percent above the average of 100 trading days.

Brent crude for July delivery rose 86 cents, or 0.8 percent to USD104, 64 per barrel on the ICE Futures Europe exchange, based in London. Volume for Brent contract 18 percent lower than the average 100 trading days.

As a result, the disparity between Brent and WTI back down to $ 8, $ 35 per barrel, after rising to $ 8, 64 per barrel. While the disparity narrowest recorded at 7.65 per barrel on May 13, the narrowest since January 2011.

OPEC Production Increase, World Oil Prices Depressed

Contract price of West Texas Intermediate crude on Monday morning (05/13/2013) still show a downward trend.

Based on data from Bloomberg, at 9:36 pm Sydney time, the price of WTI crude contract for June delivery fell by 44 cents to 95.60 dollars a barrel on the New York Mercantile Exchange.

Decline in oil prices came after the Organization of Petroleum Exporting Countries (OPEC) to increase their oil production as much as 30.46 million barrels per day in the last month. This is the highest level in five weeks.

According to Saudi Arabia’s oil minister, Ali Al Naimi, Saudi Arabia welcomed the addition of oil supplies from other countries that can help stabilize oil prices.

Meanwhile, the price of Brent crude oil contract for June delivery fell 43 cents to 103.48 dollars a barrel on the ICE Futures Europe exchange.

“For the short term, the price of Brent oil will slightly exceed 100 dollars. However, for the long term, the price of Brent oil will be a little depressed,” said Robin Mills, head of consulting Manaar Energy Consulting and Project Management, based in Dubai.