Most marketers and the business persons understand the value of collecting financial data, but also realize the challenges of leveraging this knowledge to create intelligent, proactive pathways back to the customer. To large financial companies, financial market data is the lifeblood of the business. It is essential because predicting market changes can gain or lose massive amounts of money depending on how that market moves. Market analysts must leverage their enormous investment resources against small changes in market interest rates.

As interest rates change daily, the value of these investments grows depending on how the money is managed. The investments can be made through minute changes in bond interest rates, penny drops or rises in stock prices, small changes in the exchange rate between currencies, or even subtle changes in the value of the dollar compared to that of more precious metals like gold and silver. These investments create profit because each change in the market value of the specific currency is multiplied by the enormous size of each individual’s investment. This happens whether that investment is from a pension fund or the savings of a large investor.

Financial Market Data

If the financial market data is not organized correctly, the institutional investor can miss a single change in the market that can make the company millions simply by the volume being invested at the time. Many times, traders have misappropriated these funds or misunderstood merely a financial transaction resulting in a massive financial loss to the company.

Computer triggers designed to facilitate this trading, as well as place automatic holds on any one trade. It has failed in prior years, and cost large institutions vast amounts of capital. Such a loss has had devastating consequences not only on the investment resources. But also cost the jobs of corporate heads and the traders themselves. Worst of all, of course, is that the investment loss was a real loss to the shareholders’ assets which may have had far more significant effects on those investors than on the company employees themselves.

For these reasons, it is critical that the management of data for the purpose of investing shareholder funds be done with the highest care and intent as lives can be at stake. This is why having large data experts work in concert with market financiers who can predict market changes fairly accurately in real time. Current software programs can enable this relationship to work efficiently, but it is never perfect. Human supervision is necessary as has been shown countless times when computer programs or simulations have broken down. The danger of losing such vast sums of money so quickly requires that market analysts maintain constant vigilance over these programs.

When trading the news, there are three questions that we need to ask ourselves before every trade: Is the information important? Is the surprise large enough? And is the surprise in line with the market’s sentiment?

Is the news important?

The first task at hand is to figure out what matters and what does not. The top three pieces of potentially market-moving financial data for any country, which are the employment reports, retail sales, and manufacturing and service sector activity data. In addition to these, the Gross Domestic Product releases and the inflation reports are also tradable. What is not tradable are reports because there is no concrete number for comparison, data is released weekly.

Is the surprise large enough?

The second question is the trickiest of the three because it is subject to interpretation. But the good thing is that the market will usually make the interpretation for you. As a rule of thumb, if the number is greater or less than the forecast by more than 5 percent. It is considered a big surprise, but sometimes a 2 percent surprise is enough to elicit a big reaction in the currency. So what should you do? Just wait and see how the market responds to the release.

If the currency pair barely budge, then most likely, the surprise is not that significant. If the currency pair immediately shoots higher or falls like a rock, there is a good chance that the market was surprised. The key is to wait for five minutes before getting into the trade to make sure that the currency responds the way that it is supposed to. In other words, a positive surprise should drive the currency pair higher, and a negative surprise should drive it lower.

Is the surprise in line with the market’s sentiment?

The third question is important because sometimes the economic data is something that we would generally expect to elicit a big reaction. But for whatever reasons the rally fizzles quickly or traders just don’t care. Quantifying the prevailing sentiment in the market can be difficult, but moving averages can help because they measure the current trend in the market by averaging a certain number of past prices. If the data is good and the currency pair is trading above the 50-period moving average on a five-minute chart (or the information causes the currency to break above the moving average). Then there is a better chance that sentiment and fundamentals will support the trade.

However, if the data is good and the currency pair is trading well below the fifty-period moving average. Then it suggests that the prevailing sentiment does not support the economic surprise. In this case, we will not take the trade because we want to have as many critical variables aligned in our favor as possible.

In conclusion, it is beneficial only to trade economic data that is important, with surprises that are large enough to trigger a reaction in the currency, and just if the financial data is in line with the general sentiment in the market. With these guidelines in hand, let me show you how fast and furious news trading works. Extensive data management is essential to the profit motive of institutional investors, but only when the proper market analysis is complete.

Legal Personal Loan is known to help people find the best licensed money lender available in Singapore. Our team of people has the expertise to help you find the best loan option.  Not sure which money lender is the best choice for you? We are a Singapore trusted personal loan matching platform. Let us help you find one near you today. Contact us today if you are interested!

The post Financial Market Data information – To a successful trader. appeared first on Best Licensed Moneylender Directory.

Job layoffs in the banking sector

This year some jobs in the banking sector are expected to be lost. Especially since banks are in bad loan. Furthermore, they have to take some bold measures to reduce spending. One of the most preferred ways of cost cutting measures is by laying off employees because they don’t need massive personnel and they have to cut spending for them to pay off the bad debts.

Increase demand for technology specialists

Many technology relate companies set their base in Singapore. And they need a skilled workforce. Also, due to the high number of technology companies, cyber crime may be on the rise, and therefore, it will be of utmost importance for businesses in Singapore to hire IT professionals to curb that menace.

Hiring of many talent managers

Many professionals, especially in Asia, are going to Singapore because of higher chances of employment due to a large number of multinational companies setting up there. The companies are also recruiting talent now and then and for these businesses to remain productive, they must ensure that their employees remain active and very productive to ensure the success of the firm. Therefore, talent managers must be hired to manage these skills at work. In addition to ensure maximum productivity among the employees.

Digital banking

Digital marketers will be in very high demand. This is because most financial institutions such as banks want to revolutionize and change the way people bank. They want to innovate ways like mobile banking which allows a client to access all the banking functions just from their mobile, tablets or even computer. This, therefore, means that more digital markets will be needed this year. This is so as to market and introduce the concept to all the people in Singapore so that they can understand how it works.

Risk management

Many start-ups and established industries in Singapore have found out the need to mitigate risk so as to rise to profitability. Risk management experts are in high demand so as to carry out their job functions.

High demand for tax and audit professionals

Many financial and non financial companies have set up in Singapore. And all are under obligation to submit their tax returns to the government of Singapore for tax purposes. This has force them to seek for overseas talents. Why do they need overseas talent? They need these talents who are efficient in tax to help them calculate all the money owe by the companies to the authority.

Summary

With these trends in the job market in Singapore, the economy can be said to take a paradigm shift. And probably rise to profitability again.

In need of cash urgently to settle some financial  You can consider getting a loan from a licensed money lender. If you are intending to do so, you can approach our team of experienced staff at the best licensed moneylender. We have the expertise to advice you on which loan package is the best for you. Thus do hesitate and contact us now.

The post Future of Singapore’s Job Market (2017 Update) appeared first on Best Licensed Moneylender Directory.

A Guide on Passive Income

Are you looking for Passive Income- Here’s the Answer

The ‘enough’ in terms of money is a parameter that cannot be defined. If you’re happy with your 9 to 5 job, and don’t really want to multiply your income, then this article isn’t for you. However, for all of those who’ve been attracted towards the title of this post need to keep on reading. Passive income refers to an increase in income 24/7. You aren’t paid for what you’ve worked for, rather your income is based on the initiative you may take. Once achieved, your income grows even when you’re on a holiday. Money does not take days off. All you need is to know how it works. Remember that!

Empower others- Write a Book

If you’re good at something, why don’t you empower others- and in the meantime, earn money as well. The market may seem saturated enough, but a skill-set that can help others is still revered. If you’ve got a unique idea, then don’t hesitate to let others know about it. You can only grow when you’re out of your comfort zone. If writing a book isn’t congruent with your comfort zone, then go-ahead with it anyway. You’ll feel the difference. There are various platforms you can look forward to. But, the first thing is to motivate yourself to help others. Teach people something new and innovative. This is why you’ll be writing the book. Money would surely come, but for now, keep it as an afterthought.

Create a Website- Generate Maximum Eyeballs

If you’re looking to step into the world of passive income, then starting with having a website can do much of a good. You can either use the platform to market any of your product/services or you can place quality content on your website in order to attract maximum visitors. Once you’ve it in place, then the cycle would continue. Visitors will keep visiting the website, your products would automatically be marketed, and you can relish the passive income that you’ll generate.

Be Focused and Ready to Invest Time

If you aren’t willing to put in the hard yards, then passive income isn’t for you. Passive income sources doesn’t require you to invest a lot initially. All it takes is for you to be creative, and invest time. If you can afford that, then the possibilities are endless. Prior to embarking on any opportunity that comes your way, make sure you’re focused enough and willing to hang in there. Only such an attitude can help you make bucks, even when you aren’t actively participating in the money-making process yourself.

The post Passive Income (2017 Update) appeared first on Best Licensed Moneylender Directory.

Insurance for Investment and Loans

Investment in insurance products is very popular especially as a Tax Saving option. Salesmen across companies promise everything up to the moon and highlighted focus is on good returns with life coverage. The options are virtually unlimited with bonds, stocks and many other asset classes included into the investment horizon. Thus, one need not worry in case you face a funds crunch as there is always an option to avail a loan on your policy based on the latest surrender value.

How Insurance Works

Let us first understand the purpose of insurances and the methodology adopted in computing  the costs. The purpose of insurances primarily is to provide security and any insurance.  Products with investment features will have two constituents. This is namely the insurance component  and the investment component. Whenever we purchase any insurances for the purpose of  investment some charge towards payment of insurance cover are deducted upfront. The remaining amount is then invested for generation of returns. Since investment  are more in the nature of income generation in the long term their investment strategy differs from that adopted by mutual funds. This thereby limits growth potential especially in the short term.

Insurance and Loans

Availing loans on the surrender value of insurance policies is also not simple as most of the  insurances are purchased for the purpose of saving tax and therefore there is a lock  in period before which loans cannot be availed also loans if offered are only made available  for up to 80% of the surrender value thereby reducing the quantum of finance available secondly if the surrender value of your policy is less at the time of requiring loans due to  adverse market movement then the loan available might be very less. This situation could have been avoided had one made direct investments in mutual funds, stocks and bonds instead of purchasing insurances.

Protection

Insurances as a means of protection has a specific purpose and is necessary for everyone. However, as a means of investment and loans, insurance policies are probably overrated. Also, loans on insurances may come at a higher rate of interest and are mostly only  provided by the banks that have tie up with that insurance company. Any direct investment could also get you loans and the insurance coverage could be purchased separately. This includes stocks, mutual funds or bonds. Therefore one should avoid purchasing insurances  for the sake of investment and to take loans on those policies later.

For more information on loans and investments, feel free to come talk to us, or drop us a message with your queries! As the Best Licensed Money Lender Singapore, we can provide you with any advice you may need.

The post Insurance for Investment (2017 Update) appeared first on Best Licensed Moneylender Directory.

Top 4 tips on How to Avoid Getting Stuck in Debt

Most people seeking loans always hope that they will be able to pay to the last coin without any hitches. Life is however unpredictable and this may work or fail to work because of a number of reasons. First business dynamics may change and affect profitability. This will make it difficult for the owner to meet his daily expenses let alone servicing a loan. Second, an employee may be laid off unexpectedly yet they are relying on their monthly salary to service their loan. Such situations are unforeseen and somehow out of a person’s control. However, there is another scenario where one gets stuck in debt because they made wrong decisions.

1.     Manage your credit card well

The first thing you need to do to avoid getting stuck in debts from financial institutions is to manage your credit card well. Credit cards can be a blessing and a curse at the same time. A blessing when used well to cater for emergencies and a curse when misused. To avoid the curse, you should always pay your credit card bills as soon as you receive them to avoid paying high interests when the grace period is over.

2.     Clearing your debts

The second strategy you can use to be free from stubborn loans is to have a deliberate plan on how and when to clear all your debts. This means keeping a diary of all your credit card debts, medical bills, car loan balance, mortgage, loans obtained from friends, student loans and any other debt you may be having. The list should have a column for monthly repayment amount and the balance to enable you prioritize when for one reason or another you are unable to remit all your monthly repayments. It is however advisable to avoid skipping payments because interest will accrue and attract penalties. It is better to remit the minimum amount acceptable than to postpone the monthly repayment.

3.     Reduce your spending

Third and very important is to reduce personal spending until all your loans are paid. It does not make sense for example for you to go for frequent holidays when you have pending loans. Instead, such money should redirect to repaying the loan. You can reward yourself after being declared debt free. To do this you can take a vacation to your dream destination. Just make sure by doing so you are not getting into another wave of debts.

In case you have a mortgage that is proving difficult to repay, one of the best decisions you can take is to move to a cheaper house. By doing so, you can rent out your current house. From the rent you receive, you will be able to pay your rent and have some extra money to add to your monthly repayment. If you are no longer in a position to remit the monthly repayment, you can sell the house, make bulk payment and rent or buy a smaller house with the balance if any.

4.     Avoid Illegal Moneylenders

Finally, you must stay away from illegal money lenders if you want to live a debt free life. Loan sharks and such like people are not in the business of helping you. But getting as much as possible from your hard earned resources. Being unregistered, they operate on their own terms and are known to increase interests whenever they feel like to frustrate you and make sure you will always owe them. Eventually, they will reposes your assets and leave you worse than you were before.

In need of money? Always approach a licensed moneylender. Beware of illegal moneylenders. Illegal moneylenders will give you more trouble than help you with your money issues.

If you need a loan, drop us a message and we will get our manager to contact you as soon as possible!

The post Top 4 tips on How to Avoid Getting Stuck in Debt (2016 Update) appeared first on Best Licensed Moneylender Directory.