Lately, This question has been asked frequently that what is the single key that determines if you would make it as a rich man in options trading.
This is an extremely interesting question as I am not someone inclined to believe that any single reason constitutes to the success in anything at all. However, that got me thinking hard and reflecting on my own success in options trading. Then I decided to frame the question a little bit more academically. All [...]
Archive for the ‘Tips’ Category
Paying taxes is a heart sinking task, not only because you see your money going by, but also because it’s impossible to pay tax without proper assistance from tax professionals. You’ve got paper work to handle, fill several forms, file the taxes, and so much more. This obviously can make any normal person go completely insane.
While you can certainly get help from tax professionals to help you prepare and file taxes, assist you in the process and make tax payment somewhat [...]
During the recent credit crisis, refinancing is becoming an increasingly popular word. In simple terms, refinancing means adding more debt to an existing mortgage, only with different terms that allow you to pay less in your monthly mortgage and use the cash to pay off your high-interest credit cards.
The measures of U.S. government to restore the real estate market have led to a significant drop of the mortgage rates that can offer you the opportunity to save money by refinancing. Currently, [...]
Life insurance rates differ from person to person and from policy to policy. While choosing a life insurance is one side of the coin, getting the best possible rates is another. Although, life insurance is touted to be the most essential thing any responsible adult should possess, there are certain people after all who do not need life insurance at all. And then there are people who are currently unstable in financial terms, but would like to insure themselves nevertheless. [...]
A common L/C scam: a fraudulent seller sends fake shipping documents to the opening or advising bank to prove that the goods were shipped. In fact, the goods never left the sellers warehouse or, more likely, never existed at all. Other documents like the invoice, packing list, export declaration, even Certificate of Origin can be easily produced by the scammer. In many L/Cs the only documents needed for the L/C to be paid are the invoice and shipping documents. If the [...]
Canada Revenue Agency (CRA) administers the Scientific Research and Experimental Development (SR&ED) Tax Incentive Program in which Canadian-controlled private corporation are encouraged to conduct their Research and Development in Canada.
In exchange for this, the CRA is giving an investment tax credit of 35% to the first $2 million of qualified expenditures; and 20% on the excess amount. In dollar terms, this can be a few thousand dollars or even millions. The program is very attractive especially to start-up companies because [...]


