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Saturday, 22 December 2007 |
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By Svetlana Nunez
 Do You Want Increased Profits? Then Go After Decreased Losses!
Hello, this is Bob Eldridge and I'd like to share with you a frequently overlooked source of profits from your trading. It's a simple concept yet so very important if you expect to be able to continue trading for any length of time! The concept is that of controlling both the number of losses you have and the dollar amount of those losses. I realize that statement sounds so obvious that you might be tempted to put this article away in favor of a night of bad television, but please stick with me here. I'll share some things with you that you probably don't expect to find here!
To better visualize the concept I'm describing, picture a large washtub, the kind you probably remember from your childhood. Now imagine the difficulty of filling the washtub if it has several 'six-inch' holes in the bottom! No matter HOW MANY garden hoses you have filling it up, the water is running out faster than it's going in!! Now imagine plugging each of the |
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Last Updated ( Saturday, 22 December 2007 )
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Friday, 21 December 2007 |
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By Wolfgang Jaegel
 Offshore banking has now become an important segment of the international financial system. Offshore banking is simply a practice of working with an offshore bank. An offshore bank refers to a bank located outside the country where the depositor lives.
Usually, these banks may be located in such a jurisdiction with substantial financial as well as legal advantages. Offshore banks provide a continuum of services in connection with financial management, such as, deposit taking, money transmissions, creation of provision of foreign exchange, trade finance, credit facilities, investment and fund management, corporate administration, and trustee services.
Creation of a bank account with an offshore bank is great alternative particularly for those who have to travel frequently or someone whose career changes a lot. People prefer offshore banking for a myriad of other purposes such as expansion of your business, tax-free investment, anonymity with regard to financial matters, asset protection, and estate planning.
A specialty of offshore banking is that an account can be opened with an offshore bank simply as a saving account. Account can also be opened to carry out |
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Last Updated ( Friday, 21 December 2007 )
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