July, 2017 | International Finance Portal

Jul 25 2017

Introduction To Penny Stock Investing

Penny stocks are companies which trade with share prices less than or equal to $5. Very often, they will sell for less than $1 and hence the name “penny” stocks. As these stocks are so cheap, they do not require a significant amount of capital to own thousands of shares of. If the share price rises by even a few cents, you can’t stand to see a sizable return. However, the opposite could also happen if the share prices drop by a bit.

While their low price is alluring, it is important to keep in mind the pitfalls of penny stocks. They are highly speculative in nature because of small market capitalization, lack of liquidity, large bid-ask spreads and risk of disclosure. However, if you can manage the risk, they are a great option.

Penny Stock Investing Introduction

Trading

Penny stocks do not usually trade on major exchanges like NYSE or Nasdaq. Some do, but others fail to comply with rules such as Nasdaq Rule 5550(a) as they have a bid price less than $1 for primary equities. They are primarily traded through Pink Sheets and over-the-counter bulletin boards (OTCBB). OTCBB has some minimum listing requirements while pink sheets are simply quotation publishers. Pink sheet stocks aren’t subject to listing requirements and are not registered with the SEC. Therefore, OTCBB is more legitimate than Pink Sheets which can be riskier.

How to choose a penny stock broker

To start trading in penny stocks, you need a stock broker. Brokers are a very important part of the equation as they provide the infrastructure for trading and can advise and influence the stock you buy. The first thing to note is a broker’s fee structure. Commissions charged on a per share basis a great for those looking to invest a relatively small amount of money into penny stocks. However, if you plan on being a penny stock trader and buy more shares, it would be better to look for a penny stockbroker who charges a relatively low flat rate for every trade.

Some of the top penny stock brokerages regulated by the government of USA are ChoiceTrade, Charles Schwab Corb, Interactive Brokers, Scottrade, TradeKing, and TDAmeritrade. You can not go wrong with any of these options with some charging a commission per share and others a flat rate. Be careful to avoid scams, though. If something sounds too good to be true, it probably is not. Anything with low costs and high returns is potentially a fraud.

Conclusion

Penny stocks are a risky and speculative option more suited for experienced investors. However, if you can choose a good broker and manage risk effectively, you can stand to make some good profits.

Martina Lapoint 0 Comments

Jul 17 2017

Why your business needs cash advance

For a small business to compete with established companies, it may need to increase its sources of finance. One of these sources of funding is a cash advance. However, you need to know how to get a merchant cash advance for your business. The good this about this source is that the payment methods are quite flexible. Below are a few areas that you can channel a cash advance in your business.

Purchasing equipment

Are you looking forward to purchasing any equipment? Do you have the finances to buy it? If yes, consider taking a cash advance. A cash advance allows you to buy any equipment. More to this, with a cash advance, you can be sure to make a purchase within the shortest time possible. This will be a great move towards making your business successful.

Stocking inventory

This is one of the reasons for taking up a cash advance. A business that lacks stock can be compared with a dead business. A business needs funds to ensure effectiveness in daily operations. With sufficient stock, the chances of expanding your business are very high. Finally, you attract a pool of customers. Therefore, you can always apply for a cash advance to boost your stock levels.

Paying employees

Whether you are looking forward to recruiting more personnel or you have difficulty in paying the current employees, a cash advance can help you out. When you are hiring extra employees, you are looking forward to increasing your efficiency and productivity. Therefore, the issue of what to use to pay your employees should not be a bother. Take a step today and apply for a cash advance and you will never regret.

Expanding your business

It would be a great to see your businesses grow from one level to another. If you have plans underway, but you lack the cash for implementation, this is one reason to take a cash advance. You can take a cash advance, to renovate your business, start up new branches, or even introduce a new product in the market.

Marketing and advertising

To increase your profits and attract new customers, you need to let the world know that your business exists. In addition, you need to employ good marketing strategies that will catch the attention of many and at the same time communicate the nature of your business. However, if you lack finances to market your business, this may never come into reality. That said, this is enough reason to take a cash advance.

Michelle Waddell 0 Comments

Jul 14 2017

PPI Claims – How You Should Handle Mis-sold PPI

If you realize that you are eligible for a claim for mis-sold PPI, the next decision is to make a determination of the best way to go about making your claim. At this juncture, you might probably be thinking about whether or not to visit a ppi company. These companies specifically act on your behalf in exchange of a portion of your money once you receive the claim. As much as you might be paying them after successful completion, you also need to look at the rate they will be charging. If you are comfortable paying them provided you get the full results, you should proceed and hire them.

Choosing a PPI claims company

The main challenge with the PPI claims industry is often finding the right company to help you get your money back. However, as more and more people become aware of PPI, there are also lots of companies coming up. Unfortunately, most of these new entrants do not have an agenda of helping but are just after making money. Unfortunately, we cannot conclusively offer a list of companies that could be of help. To get the right PPI claims company, it is imperative to do your homework and ascertain whether the company you are about to choose has was it takes to handle your claims.

Benefits of choosing a PPI claims company

One of the main benefits of working with a PPI claims company is that it lets you focus on other things as someone does the hard work for you. After all, you didn’t expect to have this money back anytime soon. There are also challenges that come with the process of making a claim. For instance, you might not be able to trace some details about your payments. You might end up not having a clear picture of the amounts owed. Instead, let the company find out this for you, write to your bank and make follow-ups for you.

Making a claim comes down to how much money you want and how badly you need it. If you have all the time in the world to deal with the rigorous paperwork, queues, making follow-ups, you might consider making a claim by your own. If you have no time to handle these claims, and you are okay with spending some extra money to get your money back, using a PPI claims company is a convenient and effective option.

Michelle Waddell 0 Comments