How To Generate Surplus Money

Surplus is the amount from your income that is left after consumption. This surplus amount is needed in order to build wealth. Personal budget surplus is used to imply a situation when your income exceeds your expenditure. This budget surplus may be used to pay-off debt or to make a desired purchase which is been delayed, or it can be used in saving money for future. Conversely, when spending exceeds income then it is called budget deficit, which leads to borrow money and paying interest on the borrowed funds. So,…

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Trading Psychology – Fear and Greed

A trader should maintain a right psychology with emotional outlook. Without the right psychology, the trader’s emotions will have big impact on his trading and may even prevent him from doing trading. The two emotions traders may experience often are fear and greed. Fear is the emotion that will cause you to close a trade prematurely without giving it a chance to be profitable, whereas greed will cause you to make more trades that are too large or too risky to make huge gains. Fear is mainly seen in a…

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Different types of Personal Loans

Personal loan means the barrower does not raise any security as guarantee to repayment of the loan. That’s why it is called as unsecured loan. Personal loan tend to carry high interest rates. Personal loan is the only option for those who have little credit. Personal loans are usually made for general expenses. The following are different types of personal loans. 1. Secured loan: Secured loan is a loan that offers some guarantee, that is may be home, property, car, and building. Since security is offered, the lenders need not…

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