Author Archives: Ellen Carter

Latest Trading Platform- Bitcoin Compass Review

Latest Trading Platform- Bitcoin Compass Review

Bitcoin compass is recently developed and is new in the cryptocurrency market. There is a professional team behind this robot with the knowledge and experience has created the system. The purpose of the team for the creation of the robot is to trade with different crypto assets.

Is it really worth to choose this system? –After going through all the reviews given on the system it can be said that it is perfectly legit and suitable for both new traders and the experienced one. The craze for online trading and cryptocurrency exchange has increased a lot. It has become difficult to differentiate between a scam and a unique robot. Users should not worry about this system as it is 100% legit. Below you can learn more about this features and properties of this new investment platform. We will also come to know how to make full use of the sophisticated technology implemented in the creation of software.

What does it offer to the clients?-It is released on a global scale. Users now have a chance to acquire a free trading license with some of the best platforms. It has the potential to provide huge earnings to its customers. Not only this it is user-friendly and provides an intuitive environment to its customers and make use of laser-sharp technology and precision for trade. It gives equal opportunities to the customers no matter the price rises or fall. It is due to the careful and professional optimization of the system. It doesn’t matter whether you have knowledge of online trading and investment or not or what is our experience level the system will guide us at all level to help us make a good profit.

High-level system- The clients will be connected to the leading industry brokers as soon as the trader will start using it. It is only compatible with reliable, experienced and trustworthy brokers. What to expect from a unique trading robot? It will choose one of the best suitable robots for the client depending on the region of residence in order to provide the customers with the best services available. Users find this very interesting and helpful for them.

Independent analyses in the background- After funding the account user will be to start trading immediately. There will be independent analyses running in the background around the leading technical indicators.

The system is not a scam and there isa number of reasons we can choose this robot for trading and can have full trust on it.

How Demonetization Affected The Business

How Demonetization Affected The Business

Demonetization, the eminent and the often word we would have continuously heard in the past two years. On Nov 8, 2016, suddenly our prime minister of India Mr. NarendraModi announced that old 500 and 1000 rupee notes were not valid. Though it was a great and amazing step, it failed due to many reasons. The government did not take any actions to tackle the negatives and they did not print the new currency notes to issue in the public market. That is the main reason for its failure. Because of this, almost all the poor and rich people suffered a lot as they were not able to withdraw money from the nearby ATMs.

The unexpected demonetization affected the businessmen badly as no customers were ready with the fund to have dealings with them. The ATMs in all the cities and villages were running out of cash and the banks were filled up with the crowd to withdraw and deposit their old currencies.

The impacts of demonetization in business are discussed in brief in this post.

  1. Loan demand:

The loan demand on banks got increased as the businessmen were down with no money in hand.

  1. Liquidity:

Liquidity was the major impact because the companies running with a large amount of fund did not able to run their organizations since they were invalid.

  1. Interest rate:

The money lenders increased their interest rates for the cash they lent to the borrowers and the businessmen were the main sufferers and some landlords shut down their companies due to the higher interest rates.

According to the survey it was found that the smaller businesses faced a lot of issues than the bigger ones since the poor businessmen did not find any other way to run their personal lives.

I could say demonetization is a stunning idea but the way it happened was not proper. Demonetisation is only to dodge black money corruption.

Do you agree black money was entirely wiped?

Not at all. Still, the politicians and many people are corrupting this nation with black money. In foreign countries too, demonetization happens but they do it the right way which predominantly helps the common people.

The higher valued currencies get banned and they print new lower valued currencies in the main reserve banks.

But here in India, lower valued currencies like 500 and 1000s were stopped and 2000 was introduced and this is really a waste one as still, the corruption is going on in the country by the same set of political people without any change.




How Government Loans Helps to Start a Business

How Government Loans Helps to Start a Business

The person who never has to take a loan in his life is a lucky person. Loans are the fund which is borrowed from any financial institutions, bank, or other sources in a condition of repayment of principle with interest in a fixed period of time. Loans are very useful when we are in a financial crisis. But sometimes it can put us in trouble; meaning if we cannot repay the borrowed amount, the interest according to the loan will get doubled even if we miss any single repayment. The loans are mainly of two types secured and unsecured. In an unsecured loan, the lender doesn’t pledge any of the assets of the borrower. In a secured loan, the lender pledge the asset of the borrower equal to the amount is taken as a loan. In a secured loan, the lender takes the possession of the asset if the lender doesn’t repay the amount taken as loan.

In general, the persons take a loan from private banks or financial institutions to start a business, but now the government also helps new business entrepreneurs to achieve stability through small business loan programmes. But most people do not take this government provided loans because of their misconception towards the government procedures. They believe that the government loans can pay off new business cost with little or no risk.

What are the major features of Government Loans?

We have a misconception that most of the government projects or grants are always provided for targeted customers. The government provides these loans to benefit all of the business owners without any discrimination. The government loan service fees are very low as compared to another type of commercial loans, but the repayment is just like other loan providers.

Types of Government Loans

The government start-ups loans are available in different types according to the need and area of the project development. For instance, sometimes the government loans are provided to start some agricultural development of a rural area, or for some disaster relief projects etc.

Benefits of Government Loans

Most of the commercial loans are secured type of loans, so they ask securities such as a house, car for taking a loan. As a new entrepreneur, this type of pledging of assets causes a lot of difficulties. But in the case of government loans, these types of terms and conditions are not followed. So the government loans are less expensive than other commercial bank loans.  Another thing is that new entrepreneurs always face difficulties in opening consumer credit card accounts.  The government loans providers help the new firms to build their own credit histories. Moreover, the start-ups can approach the commercial banks for further financial help after closing the government loans.



Technical Indicator Relative Strength Index

Technical Indicator Relative Strength Index


Relative strength index or RSI gives you trading signals that let you know if the price of the asset is overvalued or undervalued. There is a mathematical formula that goes behind plotting these technical indicators. However, the maths could be a little intimidating. All that you need to know when using these technical indicators is to read them visually. These give trading signals and show you when the asset is expensive or overbought and when it is cheap or oversold. This information is used by many future traders to take a position in the futures market.

Relative strength index

Relative strength index or RSI can be plotted on the chart and you will be able to see it below the price chart. The value of the RSI ranges from 0 to 100. When the RSI value is high then this means that the asset is expensive and you should look to sell it. The RSI is in the overbought region when its value is above 70.

When the relative strength index is low and its value is less than 30 then this means that the asset is oversold and one should look for opportunities to be a buyer in the market.

Slow moving and the fast-moving RSI

The RSI has plotted two lines. One is the slow-moving RSI that is plotted over a 14 days period. There is a faster moving RSI that is plotted over a 6 day period. You can use either of these to plan your trades. Since the fast-moving RSI takes a lesser amount of data it shows you a change in trend fast but it may not be as accurate as a slow moving average that averages out the data for 14 days.

Buy and sell using RSI

The upper line of the RSI is an indicator of being overbought and its value is 70. This is where you need to look to sell the asset. When the price is at the overbought area this means that the price has risen very fast and too high and it is due for a correction.

The lower line is an indication of an oversold position. This is where you should be a buyer in the market. When the RSI value goes below 30 then it means that the prices have fallen very fast and too far and one should look to buy the asset now on the automated trading robot.


Role Of Insurance In Your Finance

Introduction: Insurance is an important element for financial planners. There are different types of insurance available in the market depends upon your needs. Certain restrictions are there for applying for insurance, people who are single have less necessity to apply for life insurance which is highly necessary for the one who has spouse and children. Disability insurance can be used when you are fallen sick and unable to do work, which is very important for each and every Individual.

Most important insurance needed for life:

Life insurance: Always its better to discuss with the insurance company and insurance agent regarding the policy and how much you need to invest every year for the policy, what kind of policy needed for you. Life insurance can be used only after the person lost his life, the funds will be provided to your spouse, children or other dependents to maintain their standards of living, repay depot and for educational purposes. The amount can be used by them in any situations, to know more about the automated trading robot.


Health insurance:  Most of them highly need medical insurance, it will help in unexpected emergency situations. If there is no medical policy then you need to face a financial crisis and financial fall. Many insurance companies will provide an insurance policy which will support employees in many medical emergency situations.


Long-term care insurance: This is used to an aging population and for future safety and security. It is used to cover the expenses from a nursing home or healthcare. Mediagenic insurance will be used to cover the medical expenses where Medicare is not applicable.


House owner insurance:   It should allow you to rebuild and rework your house damages caused on your property by natural calamities or after any disaster, earthquake etc., it has to cover at least 80% of your replacement, there are several grades of policies available in the market


Auto insurance: The insurance will cover your vehicle damage or injury caused to you or someone who has driven your vehicle. It is necessary for anyone who owing to the car, In many countries, people should apply for insurance before buying the vehicle. Policy varies according to the company, agency, age of the driver, Choice of coverage, deductibles, vehicle model etc., discounts are available for people who do not smoke or drink, safe drivers and those who use public transport. fire or theft coverage is also advisable for the vehicle.


Conclusion: Its always better to choose insurance to live our life happily, it gives surety for individual lives and families too

How To Spot A Good Business Leader


Introduction: The Business leader should be inventive, confident and persistence in business. Before launching a business they should give all their energy to establishing it. A business leader should be a good communicator and he should know how to set goals and to strive for success.

However, if a business leader is concentrating only on their business growth, if he strives to reach success quickly, it will not end up in a successful business learn more about the automated trading robot.


Good leadership qualities:

Honesty and integrity: The two main important ethics to be followed by a leader is Honesty & Truthful. If the leader is not honest how come the co-workers will follow the honesty. Leaders will succeed if they follow the norms and ethics they must be truthful.


Confidence: The Effective leader should be confident enough about their decision they take. If the leader is not confident about his decision then subordinates will not follow him. At the same time, the shouldn’t have Over confidence as well.


Good listener: Leader should always listen to their subordinates. Allowing them to speak and share their feelings and ideas will help workers to feel comfortable and will motivate to work a lot “Listen and then speak “ it will help a leader to gain co-worker support.


Good communicator: Clear communication to team members and other subordinates is essential. If there is any lack of communication then it will be very difficult for a leader to succeed in his business. Good communication gives peer to the word and it motivates people to achieve better results.


Decision-making skills: A leader should have good decision-making skills during an uncertain situation, its important, leader should take the right decision at the right time. Before taking any decision a leader should think hard and long because benefits or suffer is depended upon the leader decision.


Creativity and innovation: Creative and innovative skill decide the best leader, it will help to differentiate a leader from the co-worker. Creativity and innovation ideas will make you stand out from the crowd. The leader should always come with unique ideas and goals into reality.


Inspiring others: one of the most difficult jobs is to inspire others. No need to take special steps to inspire others. If the leader is having good communication skills and knowledge, creative thinking skills then many will be inspired by the leader. By setting a good example people will follow you, Your action should motivate others to dream more.


Conclusion: The leaders who are able to make decisions at a local level, Its high levels of customer service provide it with a competitive advantage over its rivals.

Hints To Be A Full-Time trader

Hints To Be A Full-Time trader


Are you getting too good at making profits from forex trade? Do you feel that you feel so accomplished when you involve in trading? Then it is time to think about making trading as your full-time job and there you are a boss!

But there are some basic criteria which need to be checked to confirm that you are one complete trader in all the ways. Learn more about this from this following article.

  1. Your capital source: if your job was once your capital source but now that you have made profits and have saved a good amount of money, you are secured when you need to invest more money. This is the first green signal to quit your office job and move on with trading full-time. so, when you are completely ready in this fact, then attempt to trade fully
  2. You are a master of many ideas: this means that usually when you are skilled at trading you would have become one by testing and trying many different strategies, hence this plays an important role to define trading as your sole career for the future. Also, you must be capable of adopting yourself well with the market conditions.
  3. You must be experienced in trading Live: you must be a person who is in the market and has traded on it, rather being a pro in virtual trading or demo accounts, you must have faced real losses and profits. This will measure your strength to handle the industry and trade in style and majesty.
  4. You have found trading to be your passion: when you feel that you are completely satisfied, and you have found all the satisfaction of doing what you need, then you decide trading is your passion and there you start the journey to be a full-time skilled trader. When there is no interest then it is a waste of all the resources.

Trading has taken complete roller coaster ride in the last decade with many options to make it easy and bring it closer to the people by means of online software and apps. These are free of cost to register and are user -friendly. Many have found their career in this, so why not give it a try and soon make it your income source.

Nothing is impossible with willpower, determination, and interest. All these will foster you to a bright trading future.


Explanation On How The Auditor Carry Out The Procedures On Stock Verification

Explanation On How The Auditor Carry Out The Procedures On Stock Verification

An Auditor should be able to analyze the complete stock details of the business company. The records made on the company book must also be thoroughly checked for knowing the fairness of representation of the stock items. Learn more about his responsibilities here.

  • He has to precisely examine some of the important stock products with their invoices so as to get a review of their price details.
  • Also, observe the quantity list of the stocks in the record book and see if those are clearly detailed in the stock book of records.
  • He must assure that the stock valuation follows a standard procedure and the strategy is the same as the previous year.
  • Further, he must assess if the outdated and other detective stock items are shown at reasonable prices.
  • He should make a comparative analysis of the percentage of gross profit obtained on the turnover with that received on the previous year. If any notable fluctuation is observed, enquire into the cause of the actual situation and this must be documented in the Auditor’s note. It is important to note
  1. Whether the items written as sold and not transported are not included.
  2. Also, take care of the condition when the goods once brought and not registered in the invoice book are included in the company turnover account.
  • In the case of any unfinished goods, the Auditor must ensure if its value is taken at the real price. Further, these must be evaluated on the basis of the cost of raw materials utilized and the wages spend on manufacturing it. All these expenses will be enlisted in the respective date of the Balance Sheet.

There can be circumstances when a small extra cash is added to the above cost to account the factory cost in manufacturing this item along with the fuel, light consumption of the processing plant.

  • Similarly, in the case of any finished goods, a good percentage on workplace cost is cumulated to the work cost.
  • In addition to this, the Auditor must confirm if all the goods vended for approval basis are clearly stated in the closing stock account.
  • Make sure the stock that is held on any liable reason are not further delivered to the agent on his consignment.
  • Finally, he must clarify with the stock sheets to certify that the stock contains only those things that are dealt with by the client and never include any of the purchased assets.

Types of Credit Cards To Look Out For

Types of Credit Cards To Look Out For

At the point when the credit cards initially rose to the scene during the late 1950s, it was clear and straightforward. It was utilized to purchase merchandise or administrations on layaway and paid the remaining on receiving the bill for Mastercard. From that point forward, the quantity of organizations extending bank cards has increased, and the variety of cards and advantages extended have turned out to be more intricate.

Some bank cards are prevalent among clients who wish to have their fees reduced or develop their credit balance.

Anchored Credit Cards

An anchored card works like combinations of both the debit and credit cards. The client stores a specific measure of cash, contingent upon the card. This cash is kept with the card organization to pay up for credit charges in case they are not paid. The holder of the card approaches “credit” in the measure of the security. The greatest advantage of anchored cards is that the organization will report the record of loan repayment to credit agencies.

Credit Union Cards

Numerous credit associations provide bank cards to their clients. Credit associations are non-benefit associations possessed by their individuals. Since credit associations don’t need to produce benefits for investors, credit association cards normally extend lower expenses than huge bank charge cards. The exchange off is that these cards regularly don’t offer the fancy odds and ends that the credit cards usually do, for example, benefit points or money back.

Prepaid Cards

Prepaid bank cards work somewhat uniquely in contrast to anchored cards. They are in fact a platinum card, where holders stack it with as much cash as they want. It can be utilized as a bank card, however just up to the sum that has been pre-stacked. Cards that are prepaid function admirably for the individuals who can’t get any sort of credit yet at the same time require a bank card.


Each purchaser’s budgetary needs are extraordinary, and they have to search for the credit system that suits their necessities. Notwithstanding the sort of card you want, make certain to peruse every one of the points of interest of the agreement, including every one of the expenses and charges, so you comprehend what’s in store. Bankcard organizations regularly utilize secret rates to attract and afterward they knock the rate greater than the initial time frame.

More forms of cards will show up later on, with different alternatives for the holders. Continue reading to stay up-to-date with the latest cards. Examining card functions closely will help in the future by furnishing a card system that addresses your concerns.

Benefits of Business Credit Cards

Benefits of Business Credit Cards

In case you’re an entrepreneur, you’ve most likely gotten various offers and applications for an independent company bank card. A company bank card can be an advantageous method to rapidly get to financing for here and now needs and can build the organization’s buying power. In any case, similar to any wellspring of income, the firm’s bank card includes some significant downfalls and continue reading to understand it.

What Are They?

Private company bank cards furnish entrepreneurs with simple access to a spinning credit extension with a credit constraint keeping in mind the end goal to influence buys and pull back the money. Like a buyer bank card, a private venture Mastercard conveys an intrigue charge if the adjusts isn’t reimbursed in full during each of the charging cycles.


Alongside giving fundamental income to encourage keep up and construct the business, bank cards can extend these focal points:

  • Easier Qualification

It can be less demanding for entrepreneurs who don’t have a settled record as a consumer to meet all requirements for a spinning credit extension with a charge card, as opposed to a customary credit extension or bank advance.

  • Convenience

Charge cards are definite in financing comfort. Entrepreneurs can rapidly get to reserves for buys or money withdrawal, significantly more effortlessly than finding money as well as utilize a checkbook.

  • Financial Cushion

A charge card can give entrepreneurs a genuinely necessary budgetary “pad” when accounts that ought to be received are laid off ordeals are moderate and the company is short on money.

  • Online Ease

Progressively, entrepreneurs make buys and work together online with merchants, temporary workers, and providers. Utilizing a Visa card makes online exchanges less demanding.

  • Financial Bookkeeping Assistance

Apart from getting the statement monthly, most of the cards furnish independent company card holders with online book maintaining instruments to deal with their records, including annual account rundown which enables a clerk to track, arrange and oversee costs.

  • Rewards and Incentives

Numerous cards give entrepreneurs benefits programs which include carrier miles and shopping rebates for utilizing the card provided. Some additionally give “money back” motivating forces, reimbursing cardholders a level of their buys.

  • Instrument to Build Credit

Dependably utilizing an independent venture Visa that implies timely bill payments, payments exceeding the basic due, and not exceeding the limit cap are some of the simple methods of working up a good bank report for the company. This enables you to meet all the requirements for an advance or credit extension, and conceivably bring down the rate of interest in the years to come.