0 How to Cut Your Insurance Costs?

There are many factors involved in getting the least expensive car insurance.  Much of it depends on your own driving record, but other factors go in to the insurance company’s final decision on pricing.  Besides keeping down your accident rate, there are other ways to lower the cost of your insurance.  Here are five ways to keep down your insurance costs to get the best deal on your auto insurance.

1.      Determine the Car With Lowest Insurance Rate

Each year a list is released with the cars that have the lowest insurance costs.  These cars are determined by their cost to repair, drivers statistics, theft statistics, and more.  This year the list was filled mostly with SUV’s, the Ford Edge topping the list.  (the rest of the list can be found at http://www.carinsuranceguidebook.com/the-ten-cheapest-cars-to-insure-in-2013-2).  If you are thinking of purchasing a new car and hoping to keep insurance rates down, looking in to what cars will cut your insurance cost is an important part of your search.  While the list has the average for cars that will cut your cost, it is best to check in with your prospective insurance companies. 

2.      Insure More Than One Car/Driver

When multiple cars and drivers are listed under the same insurance policy, companies often lower the auto insurance cost for each car/driver.  In this case, if you are wanting your college age driver to start paying their own insurance, it may be better to have them pay you in order to keep them and their car under your insurance policy.  The insurance company will be making more money from you while you save more from them.

3.      Driving Course

Some insurance companies will lower your insurance rate if you take a defensive driving course.  Completion of this course can also help lower incidentals from your driving record.  To find out the appropriate course to take and how much it will end up lowering your insurance cost it is best to ask and agent from your insurance company.  The classes cost money to take and it is important to ensure the cost of the class will end up positively effecting the cost of your insurance.

4.      The Less You Drive the More You Save

This is not true only of gas money but also of money you can save on insurance.  Insurance companies ask you questions such as how many miles you drive to work each day and if you take public transportation or ride a bike, you can cut down significantly on your insurance costs (along with helping out the environment).

5.      Lower Costs for Good Grades

For drivers in high school and college, insurance costs are often much higher as they don’t have a driving record to speak of yet and younger drivers statistically get in more in accidents.  It is a good idea to inquire with your insurance company about lower costs for drivers with good grades.  Since younger drivers are usually the most costly, this option with insurance companies can be extremely helpful in cutting costs.

For more information on how to cut your insurance costs visit www.carinsuranceguidebook.com.

0 What is Spread Betting and how to Capitalize on it?

Spread betting is a popular form of trading on margin. It is by far less costly than trading regular shares, and it contains some inherent flexibility. As to online trading, InterTrader presents the best deal on spread betting. InterTrader makes the trading experience easy and comfortable. Their Bonus for initial accounts is up to a whopping £1,000. They aim to make you a happy trader for the entirety of your trading life. Tight fixed spreads and flexible mobile dealing are what you can expect at InterTrader. Helpful, courteous and cost effective trades define the spread betting experience at InterTrader.

Spread Betting Defined

Betting on the future rise or fall of a trading instrument is known as spread betting. The spread is the difference between the Buy bet, known as the offer, and the Sell bet, known as the bid. The fall and rise in value of the instrument being traded is calculated in terms of points. The investor places a specific bet amount per point. Let’s say you find a stock that appears to be at the threshold of a rise in value. Spread betting provides the opportunity to cash in on any immediate increase when you place a Buy bet. If that stock indeed experiences an increase in value, then you may close with a Sell bet at the higher value.

In practical terms, if you place a Buy bet of £15 per point for Stock Z at 110 and it rises to 115, then the spread is 5 points. You may then choose to close your position, placing a Sell bet at 115. Your profit will be the spread times the bet amount: £75. Now look at a stock which you perceive will fall in value. Without first placing a Buy bet, place a Sell bet. If you were correct, and the stock plummets, you would close your position by placing a Buy bet at the lower value. Placing a Stop Loss will limit your risk. In a volatile market, you could incur a major loss in the absence of a Stop Loss.

Spread Betting at InterTrader

An ever-increasing number of investors are finding spread betting at InterTrader to be an accessible and affordable method of trading when the focus is on rising and falling markets. Traders are consistently relieved to discover the tight fixed spreads; low margin rates; and wide variety of trading instruments, some of which include trade indices, forex and shares. Further, all spread betting gains are untouched by Capital Gains Tax and stamp duty. Secure service and user-friendly platform are the hallmarks of InterTrader. You can rely on InterTrader’s quick and accurate completion of every transaction. You will find dependable and easy access, along with transparency in the separate and secure placement of all client funds. Of primary importance to every investor is InterTrader’s cost-conscious trading package including a complete support system. You will receive free training tools as well as free live charts and trading signals. As an added bonus, traders enjoy a savings of up to 10% of their cost with TradeBackTM.

This article has been contributed by InterTrader.com, a UK based spread betting provider.

4 Choosing the Right Indicator for your Binary Options Trading

Binary options come in different shapes and sizes. It is possible to trade commodities, stocks, indices and currencies. It is possible to trade over a week, a day, 2 hours, 30 minutes, 15 minutes or even 60 seconds. The information that is needed to have predictive accuracy is different for each trading scenario. Essentially though Binary Options are simple. You either predict that the direction of a price will go up or down. Indicators can eliminate the need to spend hours doing technical analysis to understand the current trends, and likely future trends. Or they can be used as a small part of an overall strategy. The right indicator is all about the strategy.

What successful traders tend to do is develop a strategy for a particular scenario type. For example, they may trade a certain stock with thirty-minute expiries. They may use indicators to point them to the fact that a bullish or bearish trend is likely to continue. This same indicator would probably not be relevant for a 60 second trend as the fluctuations are too unpredictable. Indeed, most serious traders tend to stay away form the 60-second trades. 

 

There are many indicator services available on the market. Some profess amazing success rates. At the end of the day they are all after your subscription and you should be wary of overinflated claims. Choose an indicator service that has a long history of success, check forums and find out what others are using, and read reviews. If an indicator service is going to be an important part of your analysis strategy you should vet thoroughly and then test it repeatedly. Good service providers will offer a trial to demonstrate their proficiency.

It is important to take a balanced view of indicator services. They can add value to your trading, save you time and improve your success rate. However, you should understand your technical and fundamental analysis and not rely on an outside service too much. Many people that are new to binary options are looking for the magic solution. In reality trading successfully and consistently is about using indicators for trends, moving averages, economic indicators to inform your understanding and help you reach a level where you have predictive power on an ongoing basis. 

 

Indeed, the right indicator is the one that provides you with information to make a successful trade. Often traders will use indicators to confirm something they already suspect. Trading successfully is about going through a process. Being confident that a price is going to go a certain way may involve doing ones own technical and fundamental analysis, reading reviews from others and then checking indicators to see whether they corroborate what you suspect. For some traders the indicator service information has the power of veto but is not used for initial predictive insight.

So the right indicator is dependent on the personality of the trade and the strategy adopted. Getting an edge in binary options trading is not easy. Use indicators wisely and understand your traded assets better than others and you have a strong likelihood of ongoing success.

About the author:

Eleonora Marchetti is an expert on financial markets specializing in foreign exchange and trading in binary options. An honorary graduate of the SDA Bocconi School of Management in Italy, she provides consultation services to various economic powerhouses, including the globally renowned binary options trading firm, Banc De Binary.