Monthly Archives: February 2013

Best time of trading Binary Options

Many people find trading binary options to be of great interest. If you are not used to this type of thing, then it can sound very confusing to you. But there is always some kind of help available for you.

Binary options trading

Binary options trading

Trading binary options when the market opens : Trading binary options while the market is open can be a lot risky and stressful. Many stock traders feel that the stocks at this period are more active and can change anytime with the drop of a dime. This is a stressful feeling experienced by many digital option brokers and don’t let you trade until a certain time has passed. It can be either 5 minutes before the hour or thirty minutes before it all depends upon what the market is like on that particular day. If you want to see a lot of movement from the digital options then it is a good idea to trade close to the opening, as it will ensure more gains.

When you make a trade and figure out that it is working against you, you can apply a hedging strategy in place. With this kind of strategy, it will completely reverse the negative effects of the trade. But this is good for a few times only as trading is a complex market.

Trading binary options close to the opening of the market will bring more money as you trade, but keep in mind that as quick as you gain, you could always lose.

Trading binary options before the close of the market : If you are willing to wait throughout the day and trade near to the closing of the market, it is always an option available to you. The brokers will allow you to trade till the last hour before the closing. Once the market is nearing its closing time, the digital options could be either very high or very low. Some brokers will always want to trade near the closing time and make a great profit during this time. But this may not happen everyday. It is always best to earn your options and the best time of the day to trade binary options. Binary affiliates program also can help you to find out the best time to trade binary options.

Qatar offers huge business benefits and World Cup football!

Qatar is one of the richest countries in the world in respect of per capita income. And as the Persian Gulf state gets ready to host the 2022 FIFA World Cup, entrepreneurs across the world are eagerly eyeing the considerable opportunity which the billion-dollar competition represents.

Qatar

Qatar

According to figures supplied by the Indian embassy in Qatar, India’s bilateral trade with Qatar increased from $1.2 billion in 2005 to $4.6 billion in 2010. Indian exports to Qatar increased from $380 million to $900 million during this period. Qatar’s exports to India amounted to $3.7 billion in 2010.

India, in particular, enjoys a strengthening economic relationship with Qatar, with trade between the two countries growing annually. Qatar supplies huge amounts of liquefied natural gas (LNG) to India as well as other exports.

Certainly, setting up a business in Qatar brings with it a string of benefits. Added to these is a politically stable environment and a modern, 21st century business banking infrastructure well able to serve the needs of both the small and largest of private enterprises, and great access to personal loans.

India is Qatar’s fourth largest export market after Japan, South Korea and Singapore. In terms of Qatari imports, India ranks tenth, providing the Persian Gulf state with machinery and equipment, transport equipment, textiles, food products, ores and minerals.

The embassy says, “India has signed a long term agreement to purchase 7.5 million tonnes of LNG every year from Qatar; the first shipment took place in 2004. In addition, India has been buying spot cargoes. India also bought 4 million tonnes of crude oil from Qatar in 2011.”

A large number of Indian companies such as L&T, Punj Lloyd, Voltas, Simplex, TCS, Tech Mahindra, Satyam Mahindra, Wipro and NIIT have set up offices in Qatar and have secured major contracts and business. Indian professionals constitute an important component of the half-million-strong expat Indian community.

Doha-in-Qatar

Doha-in-Qatar

Indian and other foreign-owned businesses enjoy a great number of concessions from a Qatari government keen to encourage commerce and to diversify the economy away from over-reliance on the country’s huge oil and gas wealth. There have been a number of changes to the law in recent years to allow this to happen and to further enhance the free-market framework operating within the country.

Foreign investors can now enjoy 100%  ownership in a range of business sectors including information technology, consultancy, distribution, and services related to sport, culture and entertainment.

Company set-up specialists KMD Consulting says Qatar offers the business sector all the advantages of a highly developed economy, with infrastructure and services which match the highest international standards, facilitating efficiency, quality and service.

KMD Consulting adds, “The Qatar government’s economic development strategy has been very successful and the investment incentives, infrastructure, banking services, insurances and political and social stability are contributing factors in creating an excellent business climate for business start-ups.”

The business benefits they list include no income tax or social security deductions payable on wages and salaries; no taxation payable on exports and customs duties of 5%;  full repatriation of capital and profits overseas in a foreign currency; a corporate tax rate of 10%;  inexpensive workforce and easy recruitment procedures; high quality offices and residential accommodation; and luxury hotels, hospitals, schools and shopping malls.

Sounds like Qatar is the place to be. Click here for more about starting a business there.

6 Things to Consider When Buying Critical Illness Insurance

1. Who Is Offering the Cover?

Though many banks and building societies will try and sell you critical illness cover when you take out a new mortgage or change your personal circumstances, such organisations may not be able to offer you the best deal. Don’t feel pressured into making a decision on the spot. Shop around and try to find the policy that provides you with the greatest level of protection at the best price. An independent life insurance broker would be the best person to help you shop around and compare quotes.

critical illness insurance

critical illness insurance

Remember any credible organisation that offers critical illness or any form of protection insurance should be authorised by the Financial Services Authority. So make sure any company you place your trust in has the relevant accreditations.

2. Is It Really Critical Illness Insurance That You Need?

If you are looking for an insurance policy that will pay out a cash lump sum if you develop a serious illness or disability then critical illness insurance is the policy for you. However, if you are looking for cover that will provide a regular monthly income to compensate when you are unable to work then an income protection policy will probably be more appropriate.

3. Do You Require Life Cover?

Traditionally critical illness protection does expire on the death of the policyholder, however there a limited number of products that can include a life cover buy back option. Such policies are traditionally more expensive and difficult to manage and it may therefore be more appropriate to take out a separate life policy which may be able to provide greater cover at a lower cost.

4. Do You Already Have Critical Illness Cover?

It may seem strange not to know if you have critical illness insurance, after all who wouldn’t remember taking out such a policy? But many people are provided with protection by their employer as part of their benefits package and without checking the finer detail of your employment contract this may be something that is overlooked.

Before taking out any insurance policy, check the level of cover that is provided by your employer. Even if the terms do not exactly meet your needs, you may be able to adapt the policy or add on extra benefits which can cost you far less than taking out a whole new policy.

5. Have You Disclosed All Relevant Information?

One of the key reasons that critical illness claims are disputed by the provider is because full medical information was not disclosed during the application process. It is a misconception that hiding a previous illness will reduce the cost of critical illness insurance. It may lower the price of the premiums, but they could all be a complete waste if your insurance company refuses to pay out because something was omitted.

6. Changing Your Mind

If you read this and realise that you have just taken out the wrong type of cover for you, then don’t worry. Most Critical Illness policies come with a cooling off period which enables you to cancel the policy without any financial loss. The timing of such a period can fluctuate but is usually 14 days after signing the contract so make sure you act quickly.

Author Bio: David Richardson is an insurance adviser working for criticalillnessinsurance.org.uk who are a UK based independent insurance broker. Visit their website at http://www.criticalillnessinsurance.org.uk for further information about critical illness insurance and to compare quotes online.