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Learn To Invest Money – 3 Things To Avoid In Order Have Success

Don’t get greedy

A wise man once said of stock investments that you have not made of lost anything until you have sold the stock. This is one mistake that many investors (both amateur and professional) make. In order to avoid the same mistake you need to understand the difference between realise and unrealised profit.

If you bought $1,000 of stock in Company X 6 months ago and since then the stock price has doubled your unrealised profit is $1,000. The common mistake is to think “ooh this is great, i’ll just hold the stock for another 6 months and make another $2,000. Big mistake. Instead you should consider realising some of your profit by selling some stock. Before you do try to reassess the stock again and treat it as if it were a new investment. If you still believe the stock offers value then maybe hold some or all of your position.

Ignore you emotions

Another great thing to do if you want to learn to invest money successfully is to ignore your emotions. Many poor investments (and friendships lost) have been made because someone has been approached by a friend with an investment proposal, maybe in their business or a friend of a friends venture. If you have these kind of personal or emotional links to an investment you may find it much harder to exit the investment if things don’t go as expected. Also on the other hand you may find it harder to walk away and take a profit.

Don’t run before you can walk

The key to successfully learning to invest your money is to make it a gradual process. If you go from a base of zero knowledge to try to start spread betting on the commodities markets you are doomed to fail. Read around the subjects and areas of investments you are interested in and ensure you fully understand each market you will enter before investing your hard earned money!

Compare and Contrast – Taking Advantage of Business Credit Card Offers

The usual plethora of credit card offers that flood the advertising schedules has been noticeable by its absence this year, as credit card companies worry about continued exposure to potential ‘bad debt’ from consumers. But business credit cards are a different category, and something that many small and medium size businesses rely on to get them through lean months. Many SMEs utilise business credit cards as part of their financial organisation, and the Federation for Small Businesses is calling for a cap on credit charges to help struggling businesses this year.

“A cap on interest rates will at a stroke not only reduce business costs but give consumers a real boost and cut the cost of borrowing,” says FSB national chairman John Wright. He believes that small and medium size businesses will play a pivotal role in driving the UK economy out of recession and onto the road to recovery, but the interest rate charged on many business cards could scupper some businesses chances of being part of that recovery. According to the latest FSB figures, 23% of entrepreneurs use a business credit card to finance their business, but a worrying 26% use personal credit cards instead. This could cause a business problems in the long term, as it becomes difficult to separate business from personal expenses and exposes the cardholder to personal liability of the debts of the business and a potentially poor personal credit rating.

So perhaps this is the ideal time to start looking at business credit card transfers in much the same way as personal credit card transfer options. A business credit card works in a similar way to a personal card, giving the card holder a period of interest free credit, flexible payments and a much easier accounting system, with purchases and expenditure being listed on one, detailed statement instead of a disorganised wad of receipts. Like personal cards, business credit card suppliers are also anxious to tempt new customers with balance transfer offers, providing customers with the same options to ‘card jump’ as personal credit card holders. For a business this may help cash flow in lean months, particularly in the traditionally slow business months of January and February.

An alternative to the business credit card is the business charge card, which offers the same amount of convenience and flexibility as a credit card. However, with a charge card the balance often has to be paid in full at the end of the month by direct debit, so a charge card can offer a short-term solution to cash flow issues at best. It also has to be remembered that business credit cards often have an annual fee attached (sometimes hundreds of pounds) so this amount has to be taken into consideration when comparing and contrasting the cards on offer.

January is the ideal time to look at transferring to a new business credit card to take advantage of attractive offers that may not be repeated later in the year. It is also the time when many businesses are sitting down to take stock of their financial position and prospects for the remainder of the year, and so is an opportunity to examine the business credit card deals on offer. The competition between business card providers is fierce, with many including ‘reward schemes’ and other tempting sweeteners to get businesses to swap allegiances. The benefits of business credit cards are obvious – they allow the business to have a separate ‘slush fund’ of financing that can be easily controlled and monitored, no matter how many card holders are using the account. Business credit cards also give SMEs in particular another valuable commodity – time. Time not only to balance money in and money out (ensuring suppliers are paid on time and maintaining other lines of credit), but time saved on accounting and administration.

“2009 must be a year of action for small businesses,” says John Wright of the FSB. “The Chancellor and the Government can and must take a very serious look at capping interest rates charged on credit cards,” he adds. If the credit companies take notice of this then credit card charges could stabilise, leaving businesses in a much stronger position to be able to ride out the recession. It could also lead to a greater flexibility in credit lending for SMEs and avoid the knee-jerk reactions of the banks and credit providers seen in previous downturns. All of this means that now is the ideal time to look at business credit cards transfers to take advantage of the best deals, while they’re still on offer.

Investment Property, UK

Investing in property is still a better choice than many other investment plans. Investment property in the UK is becoming increasing popular. And in fact, investment property in the UK is a huge business.

Rather than investing in some less regulated country, investment property in the UK is always a viable option. Consider these points:

1) There is a strong rental culture in the UK. This means you have a well established market already in place. Since the UK is a strong educational hub, you can rent your property to local and overseas students too.

2) If you are thinking about buying investment property UK, then you will need to have a property survey performed. This property survey is an examination of land that yields a report describing the land’s features. It is an important step in investing land in UK.

This survey will give you all the important information required to make correct decisions about investments in UK land. On the basis of this survey, you can ask for reconsideration of property price, for example, which may give you an opportunity to bargain and decrease the purchase price.

3) There are many different types of land surveys that can be required for buying investment property UK. Some of them are called a subdivision survey, topographic survey, land survey and boundary survey. In a subdivision survey, the surveyor maps out boundary determinations for subdividing a portion of land into small sections. In a topographic survey, a survey of natural and manmade elements is done which is helpful in plan, design and build. And a land survey is done so as to determine size, level and character of land.

4) Another important process required to buy investment property in UK is conveyance. It is the process of transferring legal title of the property during the buying and selling process. There are six stages in this process: searches, document checking, mortgage offer, completion of contract, exchange of contracts and completions. Stamp duty and registration of the property is included in this process.

5) Another reason why the UK is ideal for investment property is that the UK market can handle sustainable growth. The legal and financial structure in the UK is geared towards sustainable growth. The finance options available in UK are getting more sophisticated which allows owners and investors to buy in a way that suits personal strategies.

Because of these reasons steady and continual growth in property prices has occurred. Solid economic fundamentals and high employment continues to positively impact property prices.