Life Lessons of Forex

April 10th, 2016 9:13 pm

Foreign exchange is the buying and selling of currencies of different countries online i.e through the internet. Yes, the forex is a means of making money through buying and selling of currencies but it’s much more than that. It’s also a process of leaving life lessons that be virtues or positive depending how one makes use of it. It’s not just learn and trade but it also impacts into the life of the trader if one is observant.

In trading forex, one is told to study, study and keep on studying for that is the only way to bring out the best in trading forex. Now, in life we’re better off if we allow ourselves to keep on learning new ways of life and the constant face of change so as to continue to grow in all ramifications such as learning news ways and mastering old ways in forex trade.

Also, forex will tell you not to be greedy in as much as it can tempt you to be. And if one can master this very well in trading forex his/her other issues of life will be less troublesome be it personal or public, emotional or financial. For in forex greed leads to disaster. Thus, a trader in forex who had been greedy at one point or the other will understand it means and takes to be greedy and its consequences. For in forex greed leads to loss.

Furthermore, in life we’re told to be patient for it’s a virtue. And I think there is no better way to learn this than through trading of forex. In forex, one just has to be patient else face the challenges of not being. This is because in forex you’re made to set up trading plans that’ll be successful and sticking to the plan no matter what, whether you’re making a loss or profit. It also teaches how to manage risk taken and this if well-developed can help one to be able to make decisions on other aspects of their lives. Also, the art of money management cannot be forgotten as a good life lesson from forex trading.

Thus, one can say trading of forex is not just about making profits but accepting losses whenever they occur. And that forex trade will not only teach one such lesson as a trader but helps that person to imbibe such good virtues as a human being.

Conclusively, though you may loss some cash in forex you definitely must’ve gained some wisdom on the affair of life. Thank you.

Forex-foreign exchange is the buying and selling of currencies of different countries online i.e through the internet. Yes, the forex is means of making money through buying and selling of currencies but it’s much more than that. It’s also a process of leaving life lessons that be virtues or positive depending how one makes use of it. It’s not just learn and trade but it also impacts into the life of the trader if one is observant.

In trading forex, one is told to study, study and keep on studying for that is the only way to bring out the best in trading forex. Now, in life we’re better off if we allow ourselves to keep on learning new ways of life and the constant face of change so as to continue to grow in all ramifications such as learning news ways and mastering old ways in forex trade.

Also, forex will tell you not to be greedy in as much as it can tempt you to be. And if one can master this very well in trading forex his/her other issues of life will be less troublesome be it personal or public, emotional or financial. For in forex greed leads to disaster. Thus, a trader in forex who had been greedy at one point or the other will understand it means and takes to be greedy and its consequences. For in forex greed leads to loss.

Furthermore, in life we’re told to be patient for it’s a virtue. And I think there is no better way to learn this than through trading of forex. In forex, one just has to be patient else face the challenges of not being. This is because in forex you’re made to set up trading plans that’ll be successful and sticking to the plan no matter what, whether you’re making a loss or profit. It also teaches how to manage risk taken and this if well-developed can help one to be able to make decisions on other aspects of their lives. Also, the art of money management cannot be forgotten as a good life lesson from forex trading.

Thus, one can say trading of forex is not just about making profits but accepting losses whenever they occur. And that forex trade will not only teach one such lesson as a trader but helps that person to imbibe such good virtues as a human being.

Conclusively, though you may loss some cash in forex you definitely must’ve gained some wisdom on the affair of life. Thank you.

Forex-foreign exchange is the buying and selling of currencies of different countries online i.e through the internet. Yes, the forex is means of making money through buying and selling of currencies but it’s much more than that. It’s also a process of leaving life lessons that be virtues or positive depending how one makes use of it. It’s not just learn and trade but it also impacts into the life of the trader if one is observant.

In trading forex, one is told to study, study and keep on studying for that is the only way to bring out the best in trading forex. Now, in life we’re better off if we allow ourselves to keep on learning new ways of life and the constant face of change so as to continue to grow in all ramifications such as learning news ways and mastering old ways in forex trade.

Also, forex will tell you not to be greedy in as much as it can tempt you to be. And if one can master this very well in trading forex his/her other issues of life will be less troublesome be it personal or public, emotional or financial. For in forex greed leads to disaster. Thus, a trader in forex who had been greedy at one point or the other will understand it means and takes to be greedy and its consequences. For in forex greed leads to loss.

Furthermore, in life we’re told to be patient for it’s a virtue. And I think there is no better way to learn this than through trading of forex. In forex, one just has to be patient else face the challenges of not being. This is because in forex you’re made to set up trading plans that’ll be successful and sticking to the plan no matter what, whether you’re making a loss or profit. It also teaches how to manage risk taken and this if well-developed can help one to be able to make decisions on other aspects of their lives. Also, the art of money management cannot be forgotten as a good life lesson from forex trading.

Thus, one can say trading of forex is not just about making profits but accepting losses whenever they occur. And that forex trade will not only teach one such lesson as a trader but helps that person to imbibe such good virtues as a human being.

Question: What Are Bridging Loans?

January 19th, 2016 9:47 pm

The first question asked by many individuals when undertaking any area of property based finance is what are bridging loans?

Bridging finance products are a relatively unknown and complicated area of property finance but once understood it can be easy to see that the facility provided has many benefits over traditional forms of finance provided by the high-street banks.

So what are bridging loans? Bridging loans are financial products used mainly by property developers as a short-term facility that can be actioned quickly to raise finance on a property asset. The loan is usually secured as a first or second charge on the asset in question and should only be obtained for a short-time period with a clear cut exit to repay the loan.

Bridging facility products can be far more riskier and cost a lot more to take out than high street finance and most people go down the bridging finance route when their banks simply will not lend on the terms they wish, bad credit situation, or if you want to buy a poor condition below market value property for a property investment for which you would be unable to get a high-street mortgage.

Bridging products are offered as a loan against the value (LTV) of your property, with most companies offering the facility at 85-75% of market value. Most of the largest principle lenders in the UK can provide as low as £25, 000 with a view to lending maximum £25 million for the right project.

Bridging finance is provided from private clients funds usually from principle lenders in the UK, the top firms have vast funds for bridging and are usually backed by large institutions, wealthy high-net individuals or commercial banks.

Most bridging lenders will pick and choose what they will lend against and for how much they are willing to lend. Some lenders will only lend within the prime spots in the area. (major cities and metropolitan centres). So now we know the answer to the question what are bridging loans, we need to find a summary of what can they be used for.

Typically a bridging loan is used for one or more of the following:

• Property renovations
• Auction property buying
• Unexpected tax bills
• Land acquisition/refinance
• Home Improvements
• Short-term cash flow problems

And for many other reasons.

Bridging Finance is usually categorised as full status lending or non-status. Full status means you have to be a credit worthy individual and non-status means they lend to people with adverse credit.

Most of the bridging finance provided is done through non-status finance products as this should be the only reason to use secondary banks such as bridging lenders.

If you were an A class credit rated individual/business you would simply go to your bank and speak to your relationship manager to borrow the funds on a short-term basis.

Non-status bridging finance is when a loan is issued based solely on the project, there are no credit scores/checks that would affect the lenders decision. Non-status bridging finance is ideal for individuals with low credit scores, ccjs, arrears and credit defaults.