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Sunday, September 6, 2009

Buy Gold For Safety In These Incertain Times

By Pat Nopper

The stock market has been responsible for so many people losing so much money in the last several years that one wonders how gold has performed. The current gold price indicates that anyone who has had money in gold has done much better than those that have had their money in stocks. Gold is seen by many as a hedge against uncertainty and these have been uncertain times for sure.

Anyone who doesnt have gold in their portfolio might take a look at it to see if it might be an option. The stock market has made a slight rebound and yet one has the feeling that stocks could start to head back down again anytime. The world economy has not made a recovery and more bad news could be around the corner causing stocks to plummet again.

The one thing to note about the gold price over time is that it has never gone to zero. Gold has been considered valuable for many thousands of years going back to the ancient Egyptians and further. At no time in history was gold not valuable and for this reason many people buy gold as a safe investment. With the economy being what it is and the stock market in free fall for so long, gold seems to be one of the places one might put some of their money for safety. If the economy does not recover soon, gold will become one of the most popular places for people to have their investment cash.

It might be asked why the price of gold has not gone up more than it has in this time of extreme economic uncertainty. Those who have held gold for the last several years have been able to avoid the perils of the stock market but one would have though gold might have actually gone up significantly rather than pretty much treading water at the same price. It might be due to many investors having to cash in their gold positions in order to pay off other debts.

During normal economic times most people invest in gold by buying gold stocks or ETFs which are much easier than actually collecting the physical gold. However, due to all the scandals and uncertainty in the financial markets, more people have been choosing to buy real gold coins and gold bars. This presents a storage problem but some people are gearing up for really rough times ahead and feel safer with real gold in their hands. - 23196

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What Needs To Be Taken Care Of After Bankruptcy?

By Emma Elvie

Now that you have been given a fresh start there are some issues that need to be taken care of after bankruptcy. Most people tend to believe that once they file bankruptcy that is all they have to do; however I am here to tell you that after bankruptcy is just as important as getting ready to file.

In fact some people would say that "after bankruptcy" is more important than getting ready for it. In my personal opinion I tend to believe that what you do after bankruptcy will determine whether you ever file again or not.

That is one of the reasons we wanted to provide you with some great tips that you can begin using to help you get back on your feet after bankruptcy. Hopefully you will find these tips as helpful as we did when we found ourselves in this situation.

1. Monthly Debt: We all know that we have bills that we have to pay and it is time that you sit down to find out how you can make your monthly payments without struggling. When you file it is vital that you get rid of all those unwanted bills; many people find themselves trying to hold onto their debt because they want to salvage them.

Do not try to hold onto your material items such as your vehicle, house or anything else that you do not want to lose. If you can not afford it then the best thing to do is get rid of it. I know that you believe you will not be able to start over; however the truth is that it is easier to start over than trying to continue to struggle to make the payments.

2. Credit: Once you have filed then it is extremely important that you begin focusing on rebuilding your credit. I know that you may think that it is too early; however the sooner you get started the better chances you will have of getting your credit back on track.

3. Support From Loved Ones: You always want to surround yourself with family and friends who are extremely supportive of your decisions. This can be one of the quickest ways to overcome the emotional scars that some people tend to suffer from when they file.

Be sure to visit our site below as it is filled with all types of bankruptcy information that everyone should know. You will also discover how to avoid filing and how to get back on your feet and get out from under all that debt. - 23196

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Woodstock Real Estate Has Homes For All Incomes

By Jennifer Giraldi

Not to far from Downtown Atlanta, up I575 north, sits the unique suburb of Woodstock, Georgia. Once an old rail city in the southernmost region of Cherokee County, Woodstock is now one of the fastest growing cities in the Atlanta real estate market. Like many suburban cities across the United States, Woodstock was mainly a town for first-time home buyers, and middle class families. Recently that has begun to change. There are Woodstock homes for sale to fit every type of buyer.

Recently, Woodstock real estate is divided into three main categories. The first time home buyers, who are either single or newly married. Next would be the middle income families with children, and middle aged couples who live in medium sized four to five bedroom homes. And finally we have the retirees who desire active adult communities.

Over the last 5 years Woodstock has had an appealing real estate market for first new home buyers. Adults who grew up in neighboring suburbs such as Dunwoody, Kennesaw and Marietta, figured out really fast that their money could go much farther. Over the last decade, lower property tax, sales tax, and association dues have helped fuel the growth within this demographic.

With plenty of well built, affordable housing, first time home buyers have flocked to this city.Neighborhoods such as Brookshire, Kings Gate, and The Woodlands, offer a great example of Woodstock homes for sale. The city now has greater appeal to the 20-30 year old market by offering condos, townhomes, and lofts. These new offerings are located in the Downtown historic area properly named "Downtown Woodstock".

Small, medium, and large families also love Woodstock, Ga real estate. Neighborhoods such as Towne Lake Hills and Serenade offer great amenity rich living. Towne Lake Hills offers homes priced from the low 200s to the high 800s. Surrounded by golf courses, and shopping, makes it a very desirable location.

The empty nesters and retirees now have a solid stake in the area's real estate market. Communities such as The Cottages of Woodstock offer much amenity rich living. These 55 and older communities, although new to Cherokee County, have received many positive praises. Modeled after the prestigious Florida retirement communities, these Woodstock goergia homes are sure to please. Why move to Florida, when you can stay in Woodstock near your family and friends? - 23196

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What Is The Fuzz About Forex Trading Software

By Kurt Naulaerts

Automated forex trading systems have generated a lot of interest and popularity in recent times. It is attractive to many medium and small investors. This market handles trading of currency of one country with that of another. This is one of the biggest and most energetic financial markets with trillions of dollars being traded every hour of every day.

The advent of internet and advance communication technologies coupled with automated forex trading systems, today anyone can join in the trading provided he has a computer with an internet connection, a forex brokerage account and good knowledge of how trading works. This global market place is open twenty four hours a day so if you want to stay abreast of market developments, you must keep a constant watch. You could choose a currency and its price before hand with the help of these automated systems. Your buy and sell orders can get instantly executed so all you need is your seed money and a broker to help you.

The automatic forex trading systems can help you reap the profits of the market despite the fact that you are not a professional trader. The trading program acts like a human expert and manages the trading for you. Since you do not perform the actual trading yourself, these auto systems help you ave time. A reliable trading platform would let you manage a number of accounts at the same time which is impossible in manual trading. When you want to trade in multiple markets with multiple systems, these programs allow you to do this.

The auto forex trading system allows you the flexibility of trading at any time without your presence. Even when you are absent from your computer, you can not miss a single trade. You can then take full advantage of several forex strategies and varied systems. Each system is designed to be activated by some specific trade factors so you can spread your investment and get maximum returns with minimum risk accordingly.

The best part about these automated forex trading systems is that it does not take into consideration any human factors which often stand in the way of making rational trading decisions. This way you have the ability to manage and monitor several currencies at the same time as well as trade them as you like.

Using an auto forex trading system does not spare you from learning the basics of trading, fundamental and technical analysis, study of market indicators, etc. Several factors and variables influence the forex market so just using an automated system can not guarantee you long term success in this venture. You can customize the automated forex trading system according to your specific requirements. - 23196

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What Is Decreased Volatility Breakout? (Part III)

By Ahmad Hassam

Each triangle type has its own directional bias. Ignore any first breakout attempts whether it is to the upside or the downside when you trade triangle breakouts. Get ready for a breakout when you have identified the triangle formation on either the daily or weekly chart. There can be three possibilities when you try to trade the decreased volatility breakout strategy.

Possibility#1: Dont forget, ignore the first breakout. The second breakout attempt is in the direction expected of the triangle type. In other words, the second breakout attempt is in the upside direction for an ascending triangle and it is in the downside direction for the descending triangle. This breakout could signal either the continuation of the existing trend or the trend reversal.

For an ascending triangle make sure each side of the triangle gets touched two times at least. Place a stop buy order at least 10 pips above the horizontal resistance level to capture the potential upside breakout. Place a stop loss order 10 pips below the horizontal level of the triangle to protect against false breakout. Set profit target according to your time frame.

For a descending triangle, place a stop sell order 10 pips below the horizontal support level to capture the potential downside breakout. Place a stop loss order 10 pips above the horizontal support level. Again make sure the triangle is touched two times before the breakout.

Possible Case No 2: The second breakout is to the upside in case of the descending triangle. Similarly it is in the downside in case of an ascending triangle. Again ignore the first breakout attempt. In other words, the second breakout attempt is in the opposite direction of the expected triangle type breakout direction.

In case of an ascending triangle, since the breakout direction is opposite to the most expected direction, cut the position size to half for this trade in order to reduce risk. Set stop sell order at least 10 pips below the upward sloping trendline in order to capture the expected downside breakout. Ignore the first breakout attempt and make sure the triangle is touched at least two times. Place the stop loss 10 pips below the breakout point.

In case of a descending triangle, place a stop buy entry order at least 10 pips above the downward sloping trendline in order to capture the potential upside breakout. Again reduce the position size to half in order to reduce risk. Place stop loss 10 pips below the breaking point and set your profit target in accordance with your time frame.

Possibility #3: In case of symmetrical triangles, there is an equal possibility of upside as well as the downside breakout. Just follow the above guidelines and place stop buy entry order or the stop sell entry order 10 pips above the downward sloping trendline or 10 pips below the upward sloping trendline. Similarly set your stop loss orders. - 23196

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