Monthly Archives: April 2014

Money Management For Your Trading Portfolio

Money Management Executive

Trading Money Management

Money management generally involves allocating funds to various needs, and when it is about money management for a trading portfolio, it is the allocation of money to the various trades or trading systems. For a money management executive the concept can be simplified and split into two, as trade management and position sizing.

Trade management is important merely for the reason it affects your trading capital, and that results are direct and instant. For trading, both trading management and position sizing are equally important, and interdependent on each other. You have to understand both the aspects of money management to be more than passably good at trading.

Trade management for portfolios

When it comes to trading, money management is vital to how a trader manages his individual trades and allocates money to the various needs. This is not just about allocating money, but also the management of the entire portfolio. For each individual trade even before it is placed, you should keep track of stop losses and profit targets; this helps a trader to lessen the chances of play of emotions, letting him exit the positions at the right time. Trade management helps a trader by providing him with existing tools to limit orders, and to exit out of them with either a profit or a loss, depending on the objective for which the trade had been executed. Stop losses are meant to exit your position and cutting your losses, when the market moves against you, which cannot be anticipated. Just like that, the concept of trade profits lets you exit your entire trade or individual trade when the market or the portfolio hits the pre determined profit target. Profit targets and stop losses can be used in various combinations to reduce risk in trading, or increase your profit margins.

Trading Portfolio

Portfolio Money Management

Portfolio Position Sizing

This is the number of shares you should place in a trade, or how many contracts you should place. The risk you take on each individual trade will also affect your position sizing, and this in turn will affect the trade you decide to enter into. The size of the portfolio decides the risk you will involve yourself in, and the potential for higher returns. The risk and the returns increase with increase in size of the portfolio.

As you can see the two aspects that should be familiar to a money management executive are interrelated.

How Useful Is Money Management Software For Kids?

 

Money Management For Kids

        Money Management By Software

Back when most of us were young, any small allowances we got from home went into the piggy bank. It was usual for kids at the time to save up some before making an expense. The ones who saved the most and squandered the least among the siblings were rewarded by the parents. Money management had a rewarding feel to it. The skills gained from this are hard to dismiss as useless. And all the math of it was in our heads.

Nowadays there are money management software that let you document expenses and savings, and do a lot of other stuff besides. This method also serves as a way to streamline money management for kids.

KidsSave

This is for children of ages 6 and up. It lets them control their own bank account from a home computer. They can invest, earn interest, and manage virtual accounts on their own. They can do simple counting, familiarize themselves with coins and denominations, bills, etc. They can give their introduction to start a bank account, make deposits and withdrawals, set targets and track them, and practice all aspects of real money management. Parents can involve in this as bankers to administer interest rates, charges, etc and monitor child activity.

King of the Gas Station 1.0

A game like software, which encourages children to earn and manage money by running a gas and service station on screen. The game sets a target to earn up to $ 1 million by pumping gas and servicing cars, which helps to make your child’s business software believable. Three different services are required to be performed by your child, quoting different prices for nine types of cars. Kids practice addition, subtraction, multiplication and division while providing these services.

Money Management Software

          Money Management By Kids

Rich or Poor Money Management Software

This is a software that is simple and easy to use, with a comprehensive financial tracking system. It can be put to use by individuals, small businesses and families. It has financial reporting systems related to money matters like savings, investments, budgeting and so on, with a variety of 30 types of financial reporting systems, and can be used by children of all ages.

The change has come from real practice banking at home, to money management for kids taught by software.

Importance Of Bachelor Of Arts Degree

Bachelor Of Arts Degree

Bachelor Of Arts Program

The Bachelor of Arts degree, also called as Baccalaureate is very important in providing a good foundation for higher degrees like Master’s or PhD. This is also very important to meet the minimum requirement of some of the jobs and occupations.

In accordance with the commonly held standards in US, all Bachelor degrees, including the Bachelor of Arts Degree, should need at least four years of full-time study on a subject, major or course. With the introduction of programs like Online Bachelor Degree, Distance Learning Bachelor Degree, and Accelerated Bachelor Degree, full time enrollment in colleges are becoming less common. For this reason, the standards for a Bachelor’s degree are expressed in credits.

The standard requirements of Bachelor of Arts degree or BA degree programs are a minimum of sixty quarter or forty semester credits from four of the mandatory subjects like Natural Sciences/Mathematics, Communications, Social Sciences and Humanities. A minimum of 5 semester or 8 quarter credits in each of the categories of Social Sciences, Humanities, Natural Sciences, and Mathematics should be completed within the sixty-quarter or the forty semester credits. The rest of the general education credits should be chosen from any one or more of the mandatory categories.

The Introductory course work should provide good exposure to the principles, concepts, and material of individual disciplines. Advanced course work should be able to give an exhaustive investigation of the individual disciplines. Thirty percent of the total number of credits that are needed to finish the Bachelor’s degree should comprise of advanced level credits.

The students can opt for a regular Bachelor of Arts degree or may go for a distance

Baccalaureate

Bachelor Of Arts Degree

education scheme. In theory, all these plans should conform to the minimum number of credits for the degree to be granted. There are numerous online bachelor degree programs from which, you can select the one that best suits your needs. If you are planning to enroll to a college, you can visit the college and faculty to know more on the courses that are offered and to know about the quality of education that is offered by the institution.

If you wish to know more on the Bachelor of Arts program, you can seek advice from any of the educational consultancies that is located near your house. They will be able to provide you with expert advice on the topic and will be able to give you the necessary directions.

Business Shares Financial And Non-Financial Information

Finance For Non-Financial Managers

Financial Mangers For Financial Data

Any business enterprise makes use of financial as well as nonfinancial data for its operations. The persons who manage a business make reports on the performance of it with the help of financial and non-financial data. Both the aspects of the business have to be covered. Finance for non-financial managers is therefore a necessity to carry out business operations.

Performance Data

The performance of a company and its employees are measured in terms of several financial and nonfinancial aspects. The use of financial measures to evaluate company performance makes management compare the net income of the year with that of the earlier years, and review the current ratio. The non-financial measures used by the management to evaluate the performance of the company include taking count of the number of defects from the manufacturing process or the sales quantity for the period. To cite examples, a financial performance measure for an employee would be the debtors balances solicited and cash received on delinquent accounts for the company. A non- financial performance measure for an employee would be the customer targets achieved.

Marketing Performance

Marketing is the technique by which products are sold for the business, and it is carried out by the marketing department. The marketing department makes use of financial and non-financial information to form it strategy to carry out its marketing operations. Financial marketing information includes targeting products for sales by sales dollars, and non-financial marketing information includes covering the sales territory for the products.

Monthly Performance

Marketing Operations

Setting Goal

The monthly performance results that are non-financial and financial are required by, the managers and department heads respectively, and the owners. They require this to know how the company has been making progress, and the financial health of the company mainly. Financial information has to cover the sales figures, profit figures, cost figures, outstanding for the month and the stock if any. Non-financial information includes sales figures in terms of product quantities, stock in hand, employee performance.

Set Goal

Any business would require setting a goal for achieving the required results. The goals should be realistic so that they are achievable by the employees. Financial goals for a marketing manager would be to increase the sales in dollars of the products, and the nonfinancial aspect would be to reduce the overtime working hours of the employees.

It can be seen that the finance for non-financial managers are also part of the job of managing.

Business Shares Financial And Non-Financial Information

Finance For Non-Financial Managers

Financial Mangers For Financial Data

Any business enterprise makes use of financial as well as nonfinancial data for its operations. The persons who manage a business make reports on the performance of it with the help of financial and non-financial data. Both the aspects of the business have to be covered. Finance for non-financial managers is therefore a necessity to carry out business operations.

Performance Data

The performance of a company and its employees are measured in terms of several financial and nonfinancial aspects. The use of financial measures to evaluate company performance makes management compare the net income of the year with that of the earlier years, and review the current ratio. The non-financial measures used by the management to evaluate the performance of the company include taking count of the number of defects from the manufacturing process or the sales quantity for the period. To cite examples, a financial performance measure for an employee would be the debtors balances solicited and cash received on delinquent accounts for the company. A non- financial performance measure for an employee would be the customer targets achieved.

Marketing Performance

Marketing is the technique by which products are sold for the business, and it is carried out by the marketing department. The marketing department makes use of financial and non-financial information to form it strategy to carry out its marketing operations. Financial marketing information includes targeting products for sales by sales dollars, and non-financial marketing information includes covering the sales territory for the products.

Monthly Performance

Marketing Operations

                                Setting Goal

The monthly performance results that are non-financial and financial are required by, the managers and department heads respectively, and the owners. They require this to know how the company has been making progress, and the financial health of the company mainly. Financial information has to cover the sales figures, profit figures, cost figures, outstanding for the month and the stock if any. Non-financial information includes sales figures in terms of product quantities, stock in hand, employee performance.

Set Goal

Any business would require setting a goal for achieving the required results. The goals should be realistic so that they are achievable by the employees. Financial goals for a marketing manager would be to increase the sales in dollars of the products, and the nonfinancial aspect would be to reduce the overtime working hours of the employees.

It can be seen that the finance for non-financial managers are also part of the job of managing.

Best Horror Flicks Of 2011

Movies 2011

                        Horror Movies

Well made horror movies are always entertaining and keep us on the edge of our seats. It is true that the fear factor is what keeps our attention glued to the screens. However, the technical perfection, screenplay, performance of the lead actors and the direction has also significant roles to play.

Horror movies 2011

The best horror movie is the combined result of all these essential aspects.  Do you like horror movies? If so, I will suggest some good horror movies 2011 for you.

The Resident

The release date of the movie was on 18 February 2011.  The movie had Hilary Swank, Christopher Lee and Jeffery Dean Morgan in the leading roles. In the movie, Swank plays the role of a physician who moves into a classy apartment located in Brooklyn. Gradually, she gets to know that the landlord (Morgan) has a treacherous obsession towards her. What follows is a dangerous game of cat and mouse.

Scream 4

The release date of the movie was on 15 April, 2011, and was directed by Wes Craven. This was one of the most successful horror movies 2011, and did some good business. The movie starred David Arquette, Neve Campbell, Courtney Cox and Emma Roberts in the lead roles. Scream was the landmark movie franchise that changed all existing convictions regarding Hollywood horror flicks. I was excited about the movie since this installment brought back Williamson in it.  The question is what will happen to Sidney Prescott? Well, watch the movie and find it out for yourself.

The Ward

Hollywood Horror

                    Horror Movies 2011

The release date of this movie was also on 15 April 2011. The movie had Amber Heard, Danielle Panabaker and Jared Harris in the main roles. Plot of the movie revolves around a woman (Heard) who is suffering from Amnesia. She is admitted in a psychiatric ward where she meets another woman who is just like her. The horror factor starts to creep in when they both are about to be murdered by a mysterious specter in the night.

Priest

This also was one of the best horror movies 2011 . The movie had Paul Bettany, Maggie Q and Christopher Plummer in the leading roles. This movie was in fact the 3D adaptation of the popular Tokyo Pop comic book. The plot of the movie is about the frequent wars happening between vampires and human beings. In between comes a warrior priest who discards orders of the Church and sets out on a mission to rescue his niece from a murderous band of vampires.

These are some horror movies I enjoyed watching in 2011. I hope you will also like these movies.

Rules For Daily Money Management

Daily Money Manager

           Manager For Daily Cash

Managing finances, taking and keeping account of expenses and incomes, is a real task for many. Such people eventually wish that they had learnt the art of wise spending long back, perhaps in their school days. However, to some this is not a difficulty. They do it effortlessly.

Five golden rules for managing money daily are sketched out here. These can be followed by anyone who wants to be a daily money manager. Otherwise there’s the chance of falling into debt or just be living from paycheck to paycheck every month.

The rules for daily money management

  • Make the first payment to yourself. Allocate a portion of your paycheck to yourself, so that you have reduced money in your checking account to pay out. If the money in your checking account is less, you will restrict your payouts and hence spend less.
  • Make an estimate of your expenses and stick to it. Think twice before you make an additional expenditure on any item. Money once spent is gone and nothing can be done to retrace it.
  • A Check book balance should be maintained so that you know where your expenses are standing. You can also compare your checkbook balance periodically with the bank statements. Your checkbook balance will tell you how much you hold in your account after outstanding payments and checks.
  • Keep a cashbook to know your daily cash expenses and what balance you hold each day. If you take money directly out of the ATM and spend for the expenses then you will not have a record or know where your money has gone. All small amounts add up to a big one, whether it is for food or for other essentials, and over the weeks this can come up to a considerable big amount.

    Wise Spending

                 Manager For Expenses And Incomes.

  • As a golden rule avoid using plastic money. It may be convenient to make payments through your credit cards or debit cards. However, remember that these are all expenses that you make in a rush and you never pay heed to the totals. They just empty your pockets without your knowledge. Your credit card payments always cost you at least 15% to 30% more. Reward credit cards are the worst. They get you to pay for unwanted expenses. The money you save by not paying for such expenses will be more than the reward in the long run.

For any person to have sound finances, he should be the daily money manager for himself.

Market Research Methods – Method To Sell What Is Already Selling

Market Research Methods

         Market Research

The first thing to understand when it comes to market research methods is that there is no need to reinvent the wheel. For example, if people are already buying the guides that are available in the market that explain the ways to cure acne, then you can just make another one about acne. You know that it already sells in the market. At least you can count on it being a product that fulfills a need.

It is true that some people will argue about competition, but you should understand that there is lot of space in the Internet to market your products. Even in the real world, you will be able to sell your products to local audiences, much far from the online competitors.

Finding The Already Existing Hot Sellers

There are many ways by which you can find out the products that people already want. Some of the common and widely used market research methods are explained below.

Go to eBay Pulse

You will be able to see the top ten sellers at any given time. You may also go to Google Trends and you will be able to see what people are searching for. You will also be able to see a chart of the number of people who have searched over the last few years. By following this method, you will be able to see if the demand for a product is on the rise, or stable over a few years. This is one of the best market research methods.

Local Audiences

               Market Research Method

With the above methods, you will be able to find out an already hot selling niche. Now you will have to find methods to sell your product in that niche. First, you should understand that there is no need to be different from others. The brand that you sell can be different, but the product can be the same. The biggest variables that can decide the success and failure of your business are your promotional efforts and your marketing efforts after deciding your product.

Sometimes having a differentiated product with a little different angle can help you, for example, having an audio product instead of a written guide can help you claim a good market share. You should keep in mind that on the whole, this does not make a big difference when compared to the marketing efforts that you put in selling the product.

These are some of the few things that you should keep in mind before introducing your product into the market. Research well and gain appropriate monetary benefits!