Forex: Investing With PAMMs

Defining PAMM

Lets first define what PAMM is: it stands for Percentage Allocation Management Module. In plain English, a money manager manages a pool of money. The pool is composed of (usually) multiple investors each of which has a share or percentage of the pool. When the money manager opens a position, the position is spread out across all of the investors accounts as an equivalent percentage of their share in the pool.

For example, if I have $10,000 and the money pool is composed of $100,000, that means that my percentage is $10,000 / $100,000 = 0.1 x 100 ( to get percentage) = 10%. So my share of the pool is 10%. Now, if the money manager opens a 1 standard lot position in the market, my account will have to open 10% of 1 standard lot, or 0.1 standard lot position.

Why have a PAMM account?

There are people who have money to invest but they just do not have the time, expertise or the patience to trade the markets by themselves so they prefer to give their money to someone else who has those skills and does this for living. Your money will automatically grow (assuming a good trader is controlling it) more than if it were in a bank and you still have full control over your account. You decide when to invest and when to stop. The trader never has access to your money and most brokers also offer protective stops which get rid of the risk of account destruction.

Advantages of investing in a PAMM

1. You do not need any Forex skill to make money all you need to do is to connect your account to the PAMM and the rest is done automatically.

2. You can keep your day job or your business and make money from two income sources. The money will grow while invested in the PAMM.

3. You have full control over what happens to your account and you can stop investing and withdraw the money nearly instantly. If the traders loses X amount of pips or Y% of the capital, you simply stop trading.

4. No one can touch your money unlike some money management services that require you to deposit money to their system. With the PAMM you are the only one that touch the money.

5. Professional traders charge usually 20% of the performance and even with such commission they manage to make more money than you in the same period of time.

6. They trade all day long because they are professionals while you can trade only after work most of the times.

7. With a nice amount of capital you can expect to make enough to pay you a second wage.

Disadvantages of investing in a PAMM

PAMMS are great but there are also some disadvantages you need tom consider when investing your money with them. Not everything are roses, there are some spikes on the road as well:

1. You do not know who is on the other side of the line, so you trust someone you do not know your hard earned cash. Make sure you read the profile very carefully about what his trading objectives are and how he manages the money. Do not go for the PAMMs which are a month old and already making 120% a month. These PAMMS rarely make it to the second month.

2. If the PAMM does not have a six month past performance or more you are trusting your money to a very high risky system that can lose all your capital if you are not careful to withdraw the money on time. PAMM trading does have risks, especially for investors seeking to make more than 5-10% a month.

3. There is no way to know when the traders changes his trading methods from good to bad and so you do never know when you can start losing money.

PAMMs are perfect for the traders who are not so skilled like the professionals or they just do not have the time or the patience to trade. PAMMs are very secure and transparent these days. Unlike what you can read in some forum reviews, PAMMs cannot steal money from the accounts, the PAMM traders has authorization to trade the money only and can never touch or withdraw it.

How to Invest and Why You Need a Plan

What makes rich people rich? Looking at the spending pattern of various income groups in the U.S. makes it clear: Savings. The real difference between the rich and the poor is that the rich spend a larger share of their income on savings (pensions and insurance) and education.

Source: WSJ, Labour Department,

When building wealth, preserving wealth, and passing it to the next generation is the formula for financial success it is surprising that less than 20% of Americans do have a written plan when it comes to investing and even retirement [1].

The paradox in human behavior is that we are perfectly rational and capable of planning for a major event in our lives, but this is usually forgotten when it comes to investing. In fact, you will find that only a third of investors have a written plan guiding their investment strategy and retirement plans.

Why is a plan needed?

The investment world is a harsh jungle, a world of murky waters where the smartest and the most organized survive and become successful while the rest are gobbled up. A written plan short circuits our normal response to something as emotional as money. It prevents us from resorting to our gut feelings and emotions. Instead of following the herd mentality that may prompt you to make unwise investment decisions, a plan will force you to stick to a rational strategy that is underpinned by fundamental investment principles. Some of the difficult emotions that you will have to overcome while investing include:

1) The fear of failure

2) The tendency to continue with a certain approach just because you started it

3) Personal matters such as relationship issues at home

It is also important to point out the main reasons why investors fall prey to the market and lose their precious funds:

1) Omitted facts and figures mislead investors into investing in a structurally unsound company or financial instrument

2) Overconfidence makes some investors think that they are invincible and that they can always beat the market.

3) Everyone wants to be seen as a champion, the successful general capable of leading an army to victory. This can make you make investment decisions that are not based on rational thinking but rather the desire to impress your friends, co-workers or family members

By having an investment plan written down and actually following what it says, you will have dramatically increased your chances of winning and increasing the size of your nest egg or investment portfolio. The following are simple steps in creating a plan and avoiding the herd mentality and instinctual impulses that turn us into fools when investing:

1. Set up specific and realistic goals

For example, instead of saying you want to have enough money to retire comfortably, think about how much money you’ll need. Your specific goal may be to save $500,000 by the time you’re 65.

2. Calculate how much you need to save each month

If you need to save $500,000 by the time you’re 65, how much will you need to save each month? Decide if that’s a realistic amount for you to set aside each month. If not, you may need to adjust your goals.

3. Choose your investment strategy

If you’re saving for long-term goals, you might choose more aggressive, higher-risk investments. If your goals are short term, you might choose lower-risk, conservative investments. Or you might want to take a more balanced approach.

4. Develop an investment policy statement

Create an investment policy statement to guide your investment decisions. If you have an adviser, your investment policy statement will outline the rules you want your adviser to follow for your portfolio. Your investment policy statement should:

Specify your investment goals and objectives,

Describe the strategies that will help you meet your objectives,

Describe your return expectations and time horizon,

Include detailed information about how much risk you’re willing to take,

Include guidelines on the types of investments that make up your portfolio, and how accessible your money needs to be, and

Specify how your portfolio will be monitored, and when or why it should be rebalanced.

A smart investor with a written down plan and strategy has already won half the battle without making a single financial decision. By implementing the plan and adhering to laid down rules of operation, the smart investor will avoid the pitfalls caused by human emotion and behavior and end up winning big.

Affordable Credit Repair Services Overview: How to Tell If a Company Is Reliable and Worth Investing

There are companies that help people with bad credit by using a variety of strategies, such as getting negative items removed via negotiation, identifying errors and having them fixed, etc. Since the industry is wrought with scams, it’s important that people are careful with their choice of a company. Not all affordable credit repair services are legitimate.

It’s possible to identify the trustworthy companies by knowing what kinds of red flags to look for and to avoid any company that has those red flags. A few of these red flags include:

• Trying to charge money upfront. This is actually banned by the Credit Repair Organization Act.

• Promises of a “quick and easy fix”. This is simply not possible – especially if they haven’t taken the time to first look at the client’s credit reports.

• Making any types of guarantees or specific claims, such as “Raise your score 200 points!”

• Having a lot of negative reviews and complaints filed against them.

• Not being open about what types of strategies they are going to use.

• Suggesting that the client actually create another identity. This is obviously against the law.

The ideal credit repair organization will always be upfront about what they will be able to do and what they won’t be able to do. They should have a team of lawyers working for them and use only legal means to get negative items removed.

Find Affordable Credit Repair Services

What about affordability? Only AFTER giving a free consultation should a credit repair company bring up payment. Some affordable credit repair services offer different levels of service at different prices. The lowest priced option will at the very least offer Bureau Challenge services and Credit Interventions. Even though they cannot make any specific guarantees regarding credit scores, they can provide a personalized score improvement analysis each month, which includes targeted information that could potentially help raise the score.

Communication is another important factor, in addition to price and payment plans. It’s very helpful if each client has a legal expert such as a paralegal assigned to their case, with whom they can communicate at any time, via email, phone, or chat. There should be coaching and guidance, as well as tools to help clients keep track of their case and monitor the results 24/7.

There are many credit report repair companies and only a few of them are legitimate and affordable. One company to really consider is Lexington Law, where free consultations are available. There are a few different payment plans to choose from, all of which include affordable credit repair services.

10 Tips to Optimize the On Page SEO

Here are our top 10 tips to optimize the on page SEO of your Website

1. Create high-quality content

What is important in optimizing and improving the on-page SEO of the blog is to produce the best possible content. Quality content that interests your audience. Content that solves the nagging problems of your audience while offering them what they are in search of.

2. Optimize titles

The headline may be the initial thing your readers see therefore it must seduce them. It’s also the section that is first Google takes into account to rank a typical page. To enhance the on page SEO of your website, you need creative titles but in addition optimized and also the main keyword has to arise in the titles.

Use the 70 characters Google displays in search results and make use of the main keyword. The greater at the beginning of the title the greater.

3. Optimize URLs

Although some CMS like WordPress or Blogger create URLS automatically, if you want to enhance the SEO that is on-page of website, always personalize them. The URL of one’s blog post has got to be short but abundant with content and relevant. Eliminate empty spaces by using hyphens between words.

4. Create links that are internal

Each time you write an article that is new the blog, create links in content that result in other articles on your blog as long as they truly are related, needless to say. Why?

1. You give Google ways to navigate your website and may rank it better because the links assist to transfer authority from 1 page to some other and reinforce the thematic relevance.

2. You give your readers valuable information as you enrich your content with other useful information. Have a look at point 6 and you’ll see what we’re talking about.

5. Connect to external pages

Linking external websites offers great value to your visitor as it gives them more info by what you’re talking about, of course, you really need to link to pages related to your content within the anchor text.

6. Optimize your images

Optimise the weight and size of the images before uploading them to the article.

Add the “alt” tag to any or all images, using the main keyword.

Fill out the “Title” label descriptively and making use of the keyword that is main.

Add a description towards the image.

Use an image compressing plugin like Smushit for WordPress.

7. Publish regularly

Google likes websites that are updated often. So create an editorial calendar and follow it. You don’t need to post every day but do it more often than once a month. And stay regular. On the same day and at the same time if you decide to publish once a week, always do it. Your readers will appreciate it.

8. Optimize content

The body of this article is where you need to work the hardest as it’s exactly what your visitors will read. We now have said it before but we repeat: the content is offering great value to your audience and get of great quality. Focus on solving problems for the readers and provide them what they are looking for.

Having said that, to boost the on-page SEO of your website, your primary keyword needs to can be found in your body but additionally variant words associated with the keyword that is main other related keywords and synonyms. Why?

Because Google doesn’t rank a page using only a keyword that is single it analyses most of the content (on-page SEO ) and external factors (off page SEO) to see in the event that content is applicable.

9. Optimize meta descriptions

The description that is meta of page or blog is exactly what appears when you look at the search engine results underneath the title and URL.

Aside from being among the factors that Google uses to rank a web site, it’s one of the best methods to invite visitors to click on your own article and not another.

The meta description should be seductive and suggestive for a person to click on your post.

10. Optimize the loading speed

Another very factor that is important enhance the on-page SEO of one’s website is the loading time. The reduced it is, the better, because Google likes pages that load fast. You’ll want to ensure that it stays under 0.5 seconds. The person who clicked on your link might get bored and click the back button in addition, if it takes ages to load. You can check your page speed utilizing the page speed insights tool.

You think there are other approaches to improve the on-page SEO of your blog? Is it possible to inform us your secrets? Leave comment below and discuss everything you do in order to optimize your site.

Tips On Finding The Right Property Management Company

It is a hassle, more often than not, to find the right guy to do the job. This is certainly the case when searching for a property management company. While it’s true that the risk of property management is reduced considerably if a reliable real estate manager is on the job, you have to find the right property management company for the process to be successful. Read on to learn how to find the right one.

Search Your Local Network

Your local network will comprise trusted and reliable people. Ask your realtor, contractor, or handyman if they know of any property management company that you can work with. Also seek advice from network meetings and investment clubs. Gather all the options you can from the people you know and trust.

Ask The Company Officials Important Questions

Once you have a list of property management companies ready, you to need to speak to the concerned people in each company and ask them a number of questions. Find out who their other clients are and collect references. Look into the property portfolios they managed in the past and find out how efficient they were with these ventures. This can be a good measure of how likely it is that the company will succeed in managing your property portfolio.

Value For Money Is Key

After gathering all the necessary information, you should enquire about the pricing. Property managers are responsible for performing a multitude of functions that vary in both cost and responsibility. Before entering into an agreement with the company, ensure that you are getting everything you want from them, and all of that at a satisfying price.

Be smart about the money. Some companies may offer their services for a percentage of your monthly rent, but there may be others offering more services for a marginally higher price. It’s recommended that you decide exactly as per what suits you.

You Should Take The Calls

You and your property manager should work like a team, with no lapse in communication. Remember that it’s your property in question and so you are in control. The buck stops with you. So for instance, if the company relies on your rental income for their salary, they might look for ways to increase your rent amount. You should stay a step ahead and make sure this doesn’t affect you. Nobody should have the final word on your property but you.

Be Sure About Who You Finally Pick

Take your time in choosing the most suitable property manager. Not all those who make a good first impression will deliver. Even if a manager was referred to you, you should do your research anyway and run a thorough background check.