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Wesley

5 Steps to Start Trading from Home

December 16, 2021 by Wesley Leave a Comment


So, you are interested in the idea of making money from home without needing to set up a business? Of course, there are plenty of ways to make money online, but one that seems particularly intriguing is trading. If you have no experience in this field, it’s not too late to learn how to trade foreign currencies and start investing in stocks for profit.

The first step when learning how to trade currencies is deciding if it suits your goals and skill set. The market can be very lucrative, but it can also be unstable at times. It’s an ever-changing system where even the most experienced traders cannot accurately predict what will happen next. It makes it difficult but exciting.

If you genuinely believe that you would like to start your journey into trading currencies, these five simple steps will help you on your way.

Step 1: Conduct a Self-Assessment.

Knowledge, abilities, and qualities are essential. Trading requires a combination of knowledge, skills, and traits and a dedication to a particular lifestyle. Are you comfortable with mathematical analysis, equipped with financial information, aware of behavioural psychology (both yours and others), and ready to take the plunge? Contrary to popular belief, trading necessitates:

  • Harsh working hours.
  • No leave.
  • Self-learning without guidance.
  • Abilities in risk-taking.
  • Never-ending dedication to job duties is a necessary characteristic of a truck driver.

The most essential (and first) condition for becoming a trader is to have the proper mentality. Trading is not for everyone; unless you are ready to devote time, learn on your own, and be mentally prepared to take gambles and lose money, do not try it.

Step 2: Find Yourself a Platform.

There are plenty of options to choose from, all offering different features and fees. Do your research thoroughly before committing to one so you can find the best platform for your needs. Some standard features include charts, news feeds and technical indicators, which can aid traders in analysing.

Once you have chosen a platform, it is time to open an account with a broker. When doing this, do not rush into choosing just any broker – pick carefully! Many factors should influence your choice, including customer reviews, history and reputation. Compare several brokers online before settling on one because whichever company you choose will significantly influence how successful you are at foreign currency trading.

Step 3: Arrange Sufficient Capital.

It’s challenging to maintain a profit. Short-term and long-term losses characterise trading.

A trader must have a sufficient reserve of cash to manage these risks. Trading with only a tiny amount of money is an almost certain way to fail. Before quitting your job to trade full-time, Tharp recommends that you develop at least $100,000 in your trading account.

Depending on your selected trading strategy, the frequency of trading, and other expenses they incur, beginners may start with smaller amounts. It is necessary to maintain a $25,000 balance in your trading account to trade actively.

Step 4: Fund Your Account.

Before you can start investing, you need to have an account to deposit money into. There are several ways to fund your new account, including bank transfers and debit cards. As long as it is safe and simple for you, any method is suitable for starting trading currencies online.

Step 5: Start Trading.

As long as you have completed the first two steps, you are ready to begin your journey. This is when it becomes exciting and time for you to start making money from home! Don’t be discouraged if, at first, things do not go exactly the way you planned. It’s part of learning how to trade currencies successfully. Be patient, learn from your mistakes and keep trying until you get the hang of it.

Bottom Line.

Before deciding whether or not foreign currency trading is suitable for you, make sure that it matches your financial goals and strengths. If you are persistent, hardworking, and prefer flexibility, then forex trading is where your future lies! It might not seem easy at first, but the more you try, the faster you will learn to trade currencies successfully.

Filed Under: Financial Tips

Don’t Be Fooled: F.H. Cann and Associates Shares Ways To Avoid Student Loan Scams

May 14, 2021 by Wesley Leave a Comment

A screenshot of a video game

Description automatically generated with medium confidence

More often than not, students find themselves neck-deep in debt and unable to make their student loan payments. Out of the blues, a supposed debt relief company reaches out to help ease this loan burden or claims that the loan has been forgiven.

Their offer might sound tempting and too good to be true. Trust me, It probably is. This is one classical instance of student loan scams that is constantly on the rise and which every student must beware of.

The recent rise in incidences points out to the urgent need to inform students on how best to avoid these scams. For this reason, we had a sit-down with the directors of F.H. Cann and Associates. There, they shared various tips and pointers on how best students can avoid student loan scams.

  • What was your reaction to the recent rise in student loan scams?

We initially underestimated the issue of student loan scams. We felt with time, it would die a natural death.

Shockingly, the reverse has been the case. As a result of this, we have decided to take steps to painstakingly enlighten people, most especially students, on how to identify scams when they suspect one, as well as what to do after being scammed.

  • What are the best ways to spot a student loan scams?

For starters, We believe you should never underestimate or overate any circumstance revolving around loan payment. It’s best that you are alert and that you stay cautious every time. Having established this, some of the primary ways we feel you might be able to tell a scam is when;

-The supposed debt relief company promise that your loan would be forgiven or even make some promises that are too good to be true.

-Also, they may request that you give them your account details or some other sensitive credentials.

  • How can you best avoid student loan scams?

Having established how you can identify a scam, we at F.H. Cann and Associates have come with some key steps you should follow to make sure that you avoid student loan scams at all costs. They include;

-Ensure that you verify the email address used in getting across to you. All you need do is head to the existing servicer’s website rather than clicking the link in the email. This way, you would be sure that the email address is legitimate.

-Furthermore, do not for any reason give out your account details or any other sensitive credentials. This is a widespread practice among scammers. Be at alert not to fall prey.

We've partnered with other student advocacy agencies to launch the national #DontBeFooled campaign with all the information you need to spot and avoid a scam that could cause you to lose money for services you can get for free.

Learn more today: https://t.co/KpM7oy3S6C pic.twitter.com/x2vbvCRGCS

— FH Cann & Associates (@fhcann) April 7, 2021

  • What do you advise can be done after being scammed by debt relief companies?

For one, we would advise that once you discover that you had been scammed, make sure you change your account credentials, especially your FSA ID. This would revoke the access granted to the scammers.

Also, get in touch with your loan servicer and ensure that all external authorization to your loan service is revoked.

Most importantly, please report to the authorities in charge, so that they can take all necessary actions to stop the scammers.

  • Do you have any additional information to give?

We certainly do! In all your dealings with student loan payment service, always bear in mind that you do not need to pay the federal body to help you with student loans. You can also visit https://studentaid.gov for more information about student loans.

You Might Also Like:
How F.H. Cann & Associates is Preparing for The Post-Pandemic Contract Center
F.H. Cann and Associates Proud to Assist in Covid Response

 

Filed Under: Financial Tips

Types of Business Insurance & Reasons to Hire an Insurance Broker

March 16, 2021 by Wesley Leave a Comment

An insurance cover is critical for all businesses regardless of the size. Businesses are exposed to various risks, and the only way to deal with this is by purchasing an insurance cover. There are different types of insurance covers. If you run a small business or a start-up, an insurance broker for small businesses can help you determine the most suitable policy.

Check out the different types of insurance and why you need them;

1. General liability insurance

Any business risks getting sued, and this is where general liability insurance comes in handy. It guards companies against claims like accidents, injuries, or negligence. General liability insurance pays for property damage, legal costs, medical expenses, faulty products, and more.

2. Professional liability insurance

This type of cover protects businesses from lawsuits regarding negligence in the provision of professional services. This may involve substandard work or omissions and errors in service provision. Professional liability insurance is useful for service-based corporations and many other types of businesses.

3. Property insurance

Property insurance compensates business owners in case of damage to property or theft. Moreover, the cover enables businesses to replace damaged equipment such as computers, inventory, and equipment. The perils covered under this policy include special weather-related damages, fire, smoke, snow, lightning, and hail damages.

There are two types of property insurance covers, these are;

-All risk policies- Covers almost everything

-Peril specific policies- Covers specific perils under the policy.

4. Life insurance

Life coverage is a priceless benefit to employees in any company.

It’s a legally binding contract between the employer and the insurance firm. With this type of insurance, you pay a premium upfront and pay regular premiums over time. The policy pays a sum of money to the beneficiary when a policyholder dies.

5. Workers compensation insurance

Workers’ compensation insurance coverage is mandatory in most states. The policy covers medical costs in case of employee injuries and lost wages if a worker gets ill on the job. In simple terms, the policy covers common injuries in the workplace like slips and falls.

There are different types of workers’ compensation benefits, there are;

-Medical Care Under Workers’ Comp- -Medical care for work-related injuries and treatment of the related illnesses.

-Liability benefits

-Workers’ Comp rehabilitation benefits

-Workers’ Comp death benefits

Why hire an insurance broker?

Insurance brokers will guide you in choosing the right policy for your business. They will also help you search for the right products from different insurance companies, enabling you to get the best deals. What’s more? Insurance brokers have lots of knowledge of insurance policies and will recommend what fits your needs.

They also stay updated on the changes in insurance plans and legislation. And this helps avoid costly mistakes when buying an insurance cover. That’s not all, though! Insurance brokers will provide you with detailed information on the fees and commission. And help you understand how these affect your premium.

The bottom line

There are various insurance coves that you can buy for your business. Engage a professional insurance broker to guide you in picking the right cover. Moreover, choose an insurance policy with reasonable premiums and understand what’s covered beforehand.

 

Filed Under: Business

BarxBuddy FAQ: Where Can You Buy BarxBuddy Online? (And More Tips Revealed!

September 9, 2020 by Wesley Leave a Comment

In the world of dog ownership, everyone knows just how crucial dog training can be. Dog owners can tell a mile away, which dogs are well-trained, and which ones are struggling with their behavior.

Besides being a handful for their owners, dogs who misbehave can cause plenty of other problems. That’s why BarxBuddy is changing the dog training game.

This handy little device may not look like much, but it’s allowing dog owners to take their training into their own hands, and train their dogs, right in their own homes. A lot of people had questions about the BarxBuddy pet trainer, so I wanted to dive into some frequently asked questions, and also give some insider tips about using this new dog training device.

How do you use the BarxBuddy pet trainer?

BarxBuddy is a simple device, which allows you to create teaching moments to train your dog. When your dog is misbehaving, you grab the nearest BarxBuddy, and press the button on the side which emits an ultrasonic pitch.

It’s a harmless tone, which isn’t even audible to humans, but the idea is that it gets your dog’s attention and interrupts their behavior. So, for example, if your dog is barking excessively, when you press the BarxBuddy pet trainer, they should hush up.

Once your dog is focused, you should have them sit calmly for a few moments, before solidifying the training with some praise or a treat.

Pro tip: the BarxBuddy also has an LED light on it, which you can use as an additional training tool, to get your dog’s attention.

What are some of the perks of the BarxBuddy Pet Trainer?

BarxBuddy is a much more affordable option to traditional behavioral classes, which can quickly rack up in price. It can also be difficult to transition training from outside classes, to back into your home. That can be a confusing experience for your pup, especially if someone else has been leading the classes.

Pro tip: keep multiple BarxBuddy devices around the house for consistency. You, your partner, and your children can all use the BarxBuddy with ease, to make the training consistent across the board.

Where can you buy the BarxBuddy Pet Trainer online?

BarxBuddy is available on the BarxBuddy website, and it’s easy to get it delivered right to your door. The great news is that BarxBuddy is offering 50% off of your first order, as well as free shipping, meaning it’s extremely affordable to try out this new dog training device.

Other BarxBuddy handy tips

Consistency is key when it comes to BarxBuddy, so it’s best to keep one nearby at all times, so you can always take advantage of a training opportunity. You can keep one in your bag, take one on walks, keep one in the living room, and even stick one in the glovebox for road trips.

Other than that, the BarxBuddy pet trainer is also excellent to use as a personal defense device. If you encounter aggressive or alarming animals while on your walks, you can use the ultrasonic tone as well as LED light to make sure you and your loved ones stay safe.

 

Filed Under: Lifestyle

CBD Oil Treats For Dogs To Improve Your Pet Health

August 21, 2020 by Wesley Leave a Comment

Humans have always been adept at looking for cures. We have started the discipline of medicine long before that word was even formed. It is one of the most important discoveries of mankind as we moved on from depending on plants to make our own. This has also led to other fields being developed, which leads us to the formation of the veterinary profession.

Most of us who have pets may need to go to the vet every once in a while. We cannot deny that they may have some health conditions that they need to recover from. It is even more apparent to more common pet options like dogs. They are one of the cornerstones of the owner’s life, and one has cared for these animals for even just once in their life. Meanwhile, this has also led to them becoming eventual pet owners themselves.

Depending on the breed, most dogs are susceptible to certain diseases as this page says: https://www.healthline.com/health/dog-breeds-and-health-issues. From the usual suspects like colds to life-threatening issues like cancer, they have it all. Some people believe that purebreds are so much better than mixed breeds with these conditions.

However, science says otherwise as many of the mixed breed dogs do live longer. There are still variables to be considered, but it does not change the fact that we should take care of them as much as possible.

This is where new developments in medicine come in. One of the most popular options these days is cannabidiol. It is derived from both marijuana and industrial hemp, and it has been leading so many markets these days when it comes to alternative medicine.

Now, you might be thinking that it is illegal to use it. Technically, based on US law, it is illegal but there have been numerous ways that people can still use it without getting in trouble with the law.

What Is CBD?

As we have mentioned before, CBD or cannabidiol comes from both cannabis and hemp plants. It is just a part of the entire extract though, as there are also other compounds present in those plants.

CBD is different because it is the positive or more beneficial side of both plants. There have been many studies focusing on the positive effects of this drug when used properly. You can check this review and see why this is the case. There are also various other sources online so be sure to explore them well to get a better understanding of this product.

However, legal concerns come from the use of marijuana or cannabis. It is still considered as a substance 1 type of drug, the same with heroin and ecstasy. This means that it is still considered as a psychoactive drug, which is not allowed for use by the public. However, industrial hemp is sort of legal since this is considered as a medical source. Therefore changes are happening all over the board when it comes to legalities.

It is also important to note that not all cannabidiol products come from the same plant. Some still use cannabis as their main source, and this is not allowed by the government. Meanwhile, certain states have been endorsing medical hemp to their local community.

Some states have even lifted their bans against its use entirely, but with some jurisdiction still intact. Likewise, the US FDA still considers it as a dangerous drug.

CBD For Your Dog

Another instance that has been regarded as a champion for the CBD cause is its potential as a medicine for animals. Specifically, dogs have been more receptive to the drug than any other mammal. Only cats can compare to this feat, but it is usually our canine friends that can feel the positive effects more. As an owner, you can either introduce it as an oil or mix it with treats from easier consumption.

Why even add this to their treats? One of the main effects of cannabidiol is induced by lethargy and relaxation. If humans take it, you will feel like you are still taking pure marijuana without the psychoactive effects or “high”. It seems that it similarly affects the dog. Their senses would be dulled, and they would probably fall asleep after taking it.

You would probably think that this is such a letdown for something that is so hyped up by many people. However, there are many advantages to letting them take CBD. For example, it can help them fall asleep. Many dogs, especially those in the medical or combat sector, can suffer from trauma. This can lead to PTSD, which is characterized by anxiety and other behavioral concerns. With CBD, they can relax and fall asleep easily without any trouble.

It is also great for managing your pet’s pain. You can think of it as anesthesia, but in a more practical way of taking it. More people can see its effects on the animal, and it can help them fall asleep easily as well. This would also help their wounds heal, as they do not have to move around that much. It can be a good start to their recovery, and you did not have to worry about them getting hurt again.

As pet owners, it is important to see whether your pet is truly having an issue with their health. They might not have the ability to speak, but they can still convey what is going on with them. Cannabidiol can be a great way to relieve their pain, but you may still need to go to a veterinarian before giving your dog anything.

 

Filed Under: Lifestyle

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Hey there – my friends call me Wesley and this is my first blog. I am an entrepreneur who loves to read the news and constantly learn new things. I also have a huge passion for writing, which is why I decided to start this blog. Read More…

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