Gonna Pay Big

Millennials Are Gonna Pay Big

My friend L wants to live out of a van.

For the moment, she works for Whole Foods and walks dogs for extra cash. The rest of the time, though, she climbs – indoors or outdoors, it doesn’t matter.

Every time she’s able to put together a few days of paid time off… she’s off scaling mountains in Kentucky, West Virginia, Tennessee or Colorado.

And now she’s ready to take this hobby to the next step.

A month ago, L told me she’s going to commit to climbing – all the time. That means living out of a van, one she’s been outfitting herself. It’ll have a bed, a mini-kitchen, gear storage – everything she’ll need to live life on the open road.

Now this might seem like an unusual choice, but L is 25 – she’s a millennial. And her generation is increasingly able to make decisions like these because millennials are incredibly adept at exploiting the new technologies that make them possible.

In fact, these technologies are setting up to make investors a fortune…

One of the potentially biggest technologies that L will be taking advantage of is mobile banking.

The reason is simple: Since she’s living on the road, she’s going to need to “gig” for money while she travels.

A gig is a job with no employment arrangement. That could mean quickly helping someone with a fast home-construction project or acting as a research assistant to people like me who need information quickly for an issue. Other gigs are more sophisticated, like writing a small part of a computer program.

In some instances, your client could be someone in Singapore, Dubai, New York or London.

After you complete the gig and it comes time to be paid, the client simply sends you the money using a smartphone app, such as Venmo, PayPal or Dwolla. So it’s easy for people like L to make money while they’re traveling in pursuit of their passions.

As a result, this type of payment platform is gaining wild popularity.

Follow the Millennial Money

Remember, L isn’t the only one doing this. Her entire generation – the millennial generation – sees this way of living as a viable option because they’ve grown up with smartphones and the Internet, which have become just as vital as electricity and water to them.

As you may know, millennials are between the ages of 18 and 34 today. This generation numbers a whopping 92 million people in just the U.S. alone. That makes it the largest generation in history, overtaking the baby-boom generation, which numbers 77 million.

Globally, the millennial generation is estimated to be as large as 2 billion people strong.

And many of the habits of U.S. millennials are shared by their peers in Australia, the United Kingdom, China, India, Brazil, Russia, etc.

In other words, if you travel, it won’t take you long before you run into a millennial who, like my friend L, is pursuing a passion – in outdoor rock climbing, surfing, scuba diving, mountaineering, volunteering, etc.

Most of them depend on mobile payments to get paid while they pursue their passion. And other millennials who are still rooted in one place use these services as well. They may use a platform such as PayPal for everyday activities, such as transferring money to a friend or paying for their Uber rides.

In fact, a recent survey showed that 15% of millennials use mobile payments multiple times per day. Another 10% use it once a day. And 29% use it several times in a week.

It’s no wonder then that mobile payment growth is skyrocketing higher. For 2016, growth is expected to hit 183.3% – and it’s expected to double in 2017. By 2020, total transactions are expected to hit $314 billion, growth of 1,034%!

That’s where you want to be as an investor – in explosive growth trends just like that.

Banking on a Powerful Trend

I’m expecting similar gains for the millennial-based stock recommendation I’m releasing this month.

Now, I can’t give this stock away for free here. And right now, there isn’t an ETF that is liquid enough for me to recommend for you that would capture this millennial mega trend. However, keep checking back, and I’ll be sure to let you know once I find a good ETF to recommend.

In the meantime, I suggest following companies that benefit from millennial trends, such as mobile payment services. Because that’s where the big money is going to flow.

Market Timing and Market Forecasting

Market Timing and Market Forecasting

A few decades ago, it was widely believed that the most effective way to analyze the markets for trade was to determine the fundamentals, such as the number of bushels in storage, the current demand figures, the expected harvest yield, etc. Many assumed that Technical Analysis was not useful. Reasons given were that price action is random, or that it ignores the fundamental factors of the underlying asset. The facts are quite the contrary.

Many have come to learn that the old ‘buy and hold’ strategy can be a costly one. Stories abound of those who have found the value of their portfolio has only broken even (or lost value) after holding for several years. The financial crisis of 2008 highlights one of several historical periods where investors have lost millions. While it is always a good idea to know a company’s financial health as well as their future potential in sales/profits, what may be a healthy financial statement and outlook today can look a lot different tomorrow.

Technical analysis focuses on price movement, anticipating price direction based on its ebbs and flows (ie. swings, cycles, etc.). Fundamental factors of any asset is built into price action, as the market discounts everything. In addition, history tends to repeat itself and this repetitive nature of price action can be anticipated and taken advantage of.

Many technicians rely on various indicators that help expose some aspect of historical price data for the use of timing. Where one indicator might highlight some underlying cycle pattern that could help anticipate the next trend change period, another indicator might highlight a markets overbought or oversold condition, all relative to past price action.

The technical analyst relies heavily on price charts. Certain patterns often repeat giving the technician a heads-up to a potential price break. Such patterns are given names, such as the ‘Head-and-sholders’ pattern, the ‘wedge’ or ‘flag’ formation, etc. All of these technical approaches are useful to some degree.

Precise market timing is crucial in today’s volatile markets. Without greater precision in timing, the trader is exposed to a higher degree of risk and can leave more profit on the table.

Let me illustrate this.

For the sake of discussion, suppose that the price range of each trading day is 50 points. If your allowable risk exposure (how far you will allow the market to move against your position) is 50 points, you must enter the market on the exact day you expect the move to start in your favor to avoid being stopped out with a loss. If your allowable risk exposure is 100 points, you must be accurate in your timing within +/- one day to avoid getting stopped out with a loss. This highlights the importance of precision market timing.

Now in the real world, each day the price range varies from the next. Depending on how effective your market timing approach happens to be, you may be able to risk less than the average range in points. The less precise your market timing approach happens to be, the more you should initially risk on the trade.

While market timing itself can be loosely done using standard technical indicators, trend lines and moving averages, precision market timing is achievable with good market forecasting methods. Market forecasting for market timing purposes is extremely effective because, unlike most technical indicators that are ‘leading’ or ‘lagging’ in nature, a good market forecasting method can forecast a market turn to an exact day of a trend change. Giving any market forecasting method a small deviation allowance of +/- one day can give any trader an incredible edge in predicting market turns for the purpose of precision market timing and trading.

Some traders are historical legends having used market forecasting methods for precision market timing purposes. Who has not heard of William Delbert Gann (better known as WD Gann)? This financial trader is famous for developing several technical approaches, such as the use of Gann angles or the trend indicator. His forecasting methods included the use of the Square of Nine, cycle analysis and market geometry. By using ‘market forecasting’ tools such as these and others, he is famously reported to have many times turned a small amount of money into a large amount rather quickly.

So there are two main points that I hope you have garnered by reading this article. Point #1 is that in order to better manage your risk exposure and maximize your profit potential, the more precise you need to be with your market timing approach. Point #2 is that the most precise way to time the markets is to take advantage of market forecasting techniques, where often you can time your trades to the exact day of a new move.

There are many market forecasting secrets, methods and techniques that you can learn right now to improve your market timing. Some are good, some not so good. I have spent over three decades learning, testing and d

Young Investers

Young Investers

Since youth are the dominant contributors to the Gross Domestic Product (GDP), they make a great difference to the economy. All the major concern center around young population. As compared to the past, today the individuals are more financially potential and independent and it is all because of steep rise in tertiary sector. Now-a-days spending a few bucks on coffee or on shopping has become a casual activity which was very rare some time ago. It is all because of changes in lifestyle and adoption of western culture not the youth of today hardly think of ‘savings’ for the future. There is a need to focus on the disability of savings despite the fact that there are insufficient earnings.

There are just few things we should understand and minor changes we should bring to inculcate the habit of investment to bridge the gap between income and spending. One should know the sum of money earned in the form of salary and the avenues where this income is spent. Now what is salary? It is the amount working people take home after deducting the tax and contributions to EPF from gross income. This balance is also called net salary. Thus, to save you need to deduct expenses from salary.

Analysing goals-
Goals are basically the personally set standards which one wants to achieve to reach the target. These are our milestones which can help in taking right decisions. Goals can be set for different time periods say-
a) For one or two years, called the short term goals. They require immediate attention.
b) For five or seven years, called the medium term goals. They give us time to wait and analyse things between investment period and return period.
c) For ten or fifteen years, called the long term goals. These are meant for retirement.

Opting for a suitable investment plan-
Investment plan means channelising your money in the most efficient method. Since various plans are available in the market but only right plan can reap benefits in the future and for that an expert advise is highly appreciable. After selecting an appropriate plan start your investment considering the retirement because a small amount invested today can make your future bright.

Investment planning is not a one time phenomenon but it needs to be received and readjusted according to the present need and trend to make investment successful. Thus, it is high time that the youth of our country should be made aware about the best investing options and its benefits for them in the long run. Also since the young generation is the representative of the present and future economic condition of the country so they should be driven by the right motive and prospective.

1. Investment – A thoughtful task making investment is not an easy task so it requires a careful analysis of its pros and cons. You should know the purpose and need for using your hard earned income in the most profitable venture. Don’t be convinced by what your friends or neighbours or relative advice you to invest in because all have their own needs. Besides realising your need you should also be aware about the risk associated with investment plan. As it is said that more the risk, higher the chances of returns, so to earn more profit you should make careful decision about your risk taking ability. Let us consider a situation where we want to buy a bungalow in next seven-eight years so for that traditional method of investment would not be efficient rather we have to invest in stock or mutual funds for an additional advantage.

2. Get insurance – Financial goals can only be fulfilled when one lives a healthy and secured life. You should not get a term plan which has a greater coverages and last till 75 years at least. It should also increase with increase in income. In case of change in job where insurance facilities are not available on increase in coverage becomes essential. At any stage of Life you can suffer from health problems so you should try to get the best facilities and the most efficient as well as reliable term plan. Investing in health or life insurance not only protect you but also your family from unpredictable circumstances. The young generation should set up an emergency fund that would benefit them in long run. Thus, the youth are not that young that they do not know how to increase their earnings or make better returns. They are responsible for their own expenses and with other demands or commitments in their pay check it becomes more important to do systematic investment planning at a young age to secure life after retirement.

So, it is essential to invest in better and profitable plans to lesser the risk of losing money. Also for some people investment is a means of growth as it keeps up with inflation. By calculating your ROI you can get better idea about how well planned your investment is.

ROI=Investment Gains/Costs

Since investing is not an easy task and requires the help of an expert so for that you need to pay them fees but with your efforts and re

The Power of a Penny

The Power of a Penny

I think we all dream of it… walking through a yard sale and discovering a rare Picasso that the owner was sure was a fake.

Or maybe it’s a personal letter from George Washington tucked away in the attic of a house you just purchased.

Personally, I was always hoping to uncover buried pirate treasure – though highly unlikely, considering that I grew up in Kentucky rather than near the coast.

Earlier this year, one man uncovered a rare penny buried in a parsnip field in Nottinghamshire that is expected to sell for £15,000 (approximately $18,280) at auction on March 15. The penny was minted during the time of Viking king Sihtric Caoch roughly 1,100 years ago. And despite being buried in the ground for more than a millennium, the coin is in extremely fine condition.

But you don’t need to head to the rolling hills of the U.K. with a metal detector to make a nice profit in rare and ancient coins. There’s actually a much easier way to grow your wealth…

To properly introduce you to the world of investing in rare and ancient coins, I’ve gone in search of an expert.

Geoff Anandappa is an investment portfolio manager for Stanley Gibbons Ltd., the world’s leading brand name in collectibles, based in England but with offices in London, the Channel Islands, Hong Kong and Singapore. The Stanley Gibbons Group includes the world’s oldest rare-stamp merchant (established in 1856) and philatelist to British royalty since 1914; and the U.K.’s largest coin dealer, A. H. Baldwin & Sons (established 1872).

Jocelynn: I think most Americans are aware of the impressive size of the American coin market, particularly with regular stories hitting the newswires about rare American coins selling for over a million dollars. But are there other markets that investors should be paying attention to because of their growth?

Geoff: Rare and early coins from increasingly prosperous areas around the world are rising in demand from collectors in search of a piece of history. Coins from Eastern Europe, such as Russia, Poland and Hungary, have seen some prices increase tenfold in the past decade. Coins from India and the Middle East, long ignored by Western collectors, are now of intense interest. Even traditional collecting areas – such as ancient Greek and Roman, as well as Western European and British coins – have increased over fivefold in the past decade.

Jocelynn: Where is this price growth coming from?

Geoff: Some of this demand has been stimulated by the rise in the price of gold and silver – but the bullion value of rare coins is far surpassed by their numismatic value. Far more importantly, collectors have recognized the rarity of coins in exceptional condition, and so the premium for such coins has escalated accordingly.

Jocelynn: If many of these areas are seeing such growth, should investors be worried about these rare coins being overvalued?

Geoff: Despite the strong demand and price rises, these rare world coins are still very much undervalued when compared to their U.S. counterparts. The size and prosperity of the American collector base, coupled with the relatively small number of rare coins, means that U.S. rarities go for 10 or 20 times the price of equivalent coins from England or ancient Greece and Rome – and perhaps 100 times the price of their Asian or Middle Eastern equivalents.

This discrepancy offers a unique opportunity for U.S. investors to diversify their collection with rare world coins that are seeing substantial and steady growth in value.

Jocelynn: When it comes to American coins, I know that the grade is very important in understanding the quality of the coin, and hence, its value. Does the same grading system apply to significantly older world coins?

Geoff: Most coins sold in North America are graded on a scale from 1 to 70 by independent grading services such as Professional Coin Grading Service (PCGS) or Numismatic Guaranty Corporation (NGC). This may be possible for more modern, mass-produced coins. However, grading is much more difficult and becomes more subjective with older coins – especially hammered coins where the quality of the strike makes each coin unique, even before any wear due to circulation is taken into consideration.

In England and Europe, there are essentially four grades of condition: Fine, Very Fine, Extremely Fine and Uncirculated (“Fleur de Coin” if exceptional). The terms “Good” and “About” can qualify these grades. Thus, Good Very Fine (GVF) is better than Very Fine (VF), which is, in turn, better than About Very Fine (AVF).

Jocelynn: Do you have any advice for someone who wants to start adding rare world coins to their collection? Where do you begin?

Geoff: Unless you wish to start collecting coins rather than investing in them, it is not advisable to try to put together “sets.” Often, a set will include less rare coins that are not of investment quality, and therefore less likely to increase in price. Additionally, a set of similar coins will t