Question by LEESA: What is the least amount of time you can pull your funds out of a forex account?
Best answer:
Answer by justin g If you mean exiting a position, it is when you issue the directive but pulling out from a broker it depends with the brokers policy.
Visit http://www.forex-succeed.com/Forex-trading-indicators.html
or any other page in this site could be helpful.
Know better? Leave your own answer in the comments!
The chief reason investors purchase mutual funds are for diversification. A mutual fund may hold as little as twenty securities all the way to several hundred. These can include stock, bonds as well as cash. If your investable assets are under ,000, mutual funds can be an ideal tool to diversify your portfolio. By investing in a mutual fund, you are in fact paying for a professional manager or team of managers to oversee your investment. Since mutual fund companies have huge amount of money to invest, they may have the advantage of meeting directly with the CEO and upper management of a company before investing. This is certainly an advantage a mutual fund has over an individual investor. If you are busy living your life or don’t have the investment skills to research individual stocks, purchasing a mutual fund may be the ideal investment.
Need to sell quickly, no problem!
Most investors think of a mutual fund as a long term investment. However, selling a mutual fund is as easy as selling a stock. If you place an order to buy or sell a mutual fund, you will receive pricing at the close of the day; not at the exact time you call to place the order. Mutual funds are considered a very liquid asset.
The pitfalls of mutual funds
As with every security, mutual funds do have their drawbacks. While a mutual fund manager is bound to invest according to the mutual fund’s prospectus, you do not have control over what individual stocks your manager buys or sells. If you have an objection to a certain stock such your manager purchasing a tobacco stock, you have no recourse.
Hot one year, cold the next
With a mutual fund, your money is pooled with other investors. This can create a tremendous problem for you as well as your mutual fund manager. Money may pour into a hot mutual fund you own. This may force the fund manager to hold that money in cash or invest in other stocks outside the fund’s intended purpose. This is generally the reason a top performing fund may suffer in its return the following year. Remember, your mutual fund company is all about their bottom line too. The more money they have in assets under management, they more fees they will bring into their firm.
In addition to inflows, there are redemptions your mutual fund manager must take into account. Should there be a mass exodus of the fund you’ve invested in, your fund manager must sell shares to pay the shareholders who have sold the fund. In many cases, a mutual fund may hold cash to account for redemptions. This may cause problems for you as well as it may put a drag on your total return.
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Taxes, taxes, taxes
One huge problem and perhaps the biggest drawback to investing in a mutual fund are the tax liabilities you will have at the end of the year. If you mutual fund manager sold stocks due to shareholder redemption or simply sold stocks because they feel that a particular stock within the mutual fund’s portfolio has reached its full potential return, your fund experiences a capital gain. This capital gain is passed onto you and you must claim it as such on your tax return; even if you haven’t sold any shares. These gains must be distributed to all share holders by the end of the year. Typically a mutual fund will report these gains in November or December. If you are contemplating investing in a mutual fund later on in the year, you must call and ask when their distribution date will occur so you don’t get stuck with a tax bill. Here’s a double whammy: if your fund had capital gains on some stocks but still suffered a loss in NAV (net asset value), you still may be liable to pay the tax for the capital gains generated early in the year.
Note: This only applies to taxable accounts. If you are a mutual fund investor and it is held in a non taxable account such as a 401k or IRA, the above does not apply as you are not taxed until you withdraw your money out of your retirement funds.
Most fund manager do not beat their benchmark
If you are getting a little concerned about mutual fund investing, there’s more sobering news. Most fund managers do not beat their unmanaged benchmarks. Researchers at Standard and Poor’s did a study in 2006 and found that only 38% of large cap fund managers managed to beat the S&P 500 (the standard benchmark which a large cap fund manager would be judged against) over a 3 year period. Over a 5 year period that number drops to 33%. It gets much worse for small cap investors. Small cap mutual fund managers lagged their benchmark by 24% over a 3 year period and just 21% beat the corresponding index over a 5 year term. That means that over a 5 year period, you have a 67 to 79% chance of losing to an unmanaged index. In addition to the reason listed above, there is the human factor. Throughout the history of the market, investors have been seeking the holy grail of investing. If the highest paid smartest mutual fund managers haven’t found it after 100 years, chances are it doesn’t exist.
Fees and commissions
As an investor, you are in effect paying fees to a company to professionally invest your money for you. I can’t think of a single mutual fund that sends you out an itemized bill at the end of the year. However by law, mutual fund companies must send out a prospectus detailing every fee they charge. If you have insomnia, they are highly recommended reading. Before investing, please call the fund company and consult with your financial planner. Get educated
Luxembourg Is Home To Specialised Investment Funds
The introduction of a new type of investment fund in Luxembourg in 2007 may be of interest to well informed investors and professionals within the investment industry. The new Specialised Investment Fund (SIF) has been introduced in reaction to a strong growth within the industry and will provide an alternative mode of investment.
The SIF is a flexible Undertaking for Collective Investment (UCI) that provides more elasticity than common UCI or SICAV. However, the SIF will be more regulated than alternative non resident private funds that have been established in foreign jurisdictions.
Supervised by the Commission de Surveillance du Secteur Financier (CSSF – the financial supervisory authority for Luxembourg), no promoter approval is required for the SIF. It is also important to recognise the difference between the SIF-Fund and the SIF-SICAV. The SIF-Fund is a fiscally transparent fund that is held in trust by a Luxembourg-established management company. The SIF-SICAV, on the other hand, is fiscally non transparent. It could also enjoy treaty benefit and enjoys tax exemption.
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To qualify for SIF-SICAV is should be incorporated as a Private Limited Company or similar, although it is also possible to have a single member company.
It is important to remember that, while the SIF can invest in any type of securities – including hedge funds, real estates and shares, it will not offer shares to investors unless they are professional and well-informed. Those that have been deemed acceptable candidates for SIF shares include but are not limited to institutional investors, professionals and investors that have proven their credentials by, for example, holding a valued position in a bank or management company.
There are a number of restrictions and factors that must be taken into consideration when choosing investment schemes such as the SIF. For example, it must obtain approval for its legal documentation and activities from the CSSF within one month of its launch. Additionally, the supervision of assets and the deposit of securities must be undertaken by a Luxembourg bank and the Central Administration should also be based in Luxembourg.
The SIF must also ensure that an annual net asset value and a report are published in the six month period following the year-end. The minimum capital has been set at EUR 1,250,000 and this must be attained within one year. However, contributions in kind are permitted.
The success of the principle investment of funds is attributed as the driving force behind the Luxembourg government’s decision to introduce the SIF and a number of well-informed investors and organisations are testing its potential for themselves.
Adam Singleton writes for a digital marketing agency. This article has been commissioned by a client of said agency. This article is not designed to promote, but should be considered professional content.
Hey, Regular and Section 8 Landlords! Your property need a little TLC but don’t have the funds?
Are you a landlord with a property that could use a little tender loving care? Of course, who has money for this, right? With property values declining like they have been, good luck getting a bank to approve a repair loan. What should you do? Wait until the property values recover, and let your property rot until then?
Introducing the Property Improvement Program (PIP)
The Michigan State Housing Development Authority (MSHDA) has a program called the Property Improvement Program (PIP). PIP offers loans to landlords, who want to improve their properties. This is a special program that allows the landlord to borrow money for property repairs. The interest rates are low, but there is an even larger benefit to the property owning landlord.
This loan can be repaid over a twenty (20) year period, making smaller monthly payments, which makes it easier to have a positive cash flow with a lower rent amount. There is not any penalty for repaying the loan early, either.
Perhaps, most importantly, there are no income requirements for a landlord.
Program Loan Requirements
Like all government programs, this loan has special stipulations.
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First, you cannot take out a loan to improve an out-of-state property. The property must be in Michigan, and only the property owner can take out an improvement loan through this program. A property owner might be in the process of buying the home, but loan recipient must be the owner. The owner must be an individual, and not a company.
Next, your credit must be acceptable. Depending upon the loan amount, your credit score must be, at least, 620. If your property is a multiple units, you will need a 660 credit score or better.
Your property cannot have any more than eleven (11) units to qualify for this loan.
Finally, you are limited how much you can charge for rent for as long as you have to repay a balance on this loan. You cannot charge more than the MSHDA local community rental limit.
What property improvements will this Property Improvement Program (PIP) loan cover?
According to the MSHDA website, here are some of the allowable home improvements as of March 2010:
Roof Repair/Replacement
Kitchen and Bathroom Remodeling (including Built in Hard-Wired or Plumbed Kitchen Appliances)
Attic and Basement Finishing, Room Additions
Garage Repair/Construction, Carports, and Pole Barns
Climate Control (Central Air Conditioning, Furnace Replacement, Solar Heating Systems, etc.)
Energy Efficient Improvements (Insulation, Siding, Window Replacement, Windmills, etc.)
Carpeting
Safety (Electrical Wiring Upgrades, Railings, Lead Paint Hazard Remediation, Indoor Sprinkler System, Fences)
Walkway/Driveway Installation
Indoor Fireplace
What do I need to do to get a Property Improvement Program (PIP) loan?
You need to decide how you want to improve your property. (See above list for ideas.)
Find how much you will need to borrow. Get multiple estimates.
Talk with a MSHDA-approved Participating Lender or Community Agent about applying for a loan.
Gather Your Key Documents that your rep requests.
Complete the MSHDA Credit Application.
Purchase Title Insurance (if you do not have this, already).
Be prepared to pay upfront fees.Loan Processing Fee: 0-0
Origination Fee: 0 or 2% of Loan Amount
So, Mr. Regular or Section 8 Landlord, why are you waiting? Take advantage of this great opportunity now.
If you would like to learn more, you can contact Section 8 Pros at (248) 757-0926 or go to www.Section8Pros.com. Section 8 Pros helps landlords and tenants meet each other’s needs, focusing primarily on the Detroit city and surrounding areas. They help out of town investors keep their properties productive.
Opalesque Adds 100 New Seats to Realtime Active Trader Chat, the Longest Running, Exclusive Trading Community of U.s. Traders and Hedge Funds
The Opalesque Active Trader forum offers a real time venue for active portfolio managers, professional traders and others to join in a community of their peers. This community discusses all aspects of the daily turn of events, including news alerts, technical levels, trade ideas, research and expertise collaboration etc.
Launched in 2001, over half of its members have been in the forum for over 5 years
The forum currently has over 150 active participants and is perhaps the longest running active forum in the business, having been active since 2001. It is unique as it has been built upon a “referral only” strategy, thus allowing it to grow over 7 years in a stable and organic environment. Interestingly, in what can be a very fickle marketplace, more than 50% of the members have been in the forum for over 5 years.
Opalesque makes 100 new seats available for this exclusive online community. Once the 100 seats have been taken, the forum will close again. Free one month trials are available at http://www.opalesque.com/index.php?act=chat and will be allotted on a first-come, first served basis.
Know it first
“When I need information on a stock quickly I always look in the Active Trader Forum first. When I need the edge, that’s where I go. The information flow and color rivals that of any high powered trading desk on the street,” says David C Nelson, CEO of DC Nelson Asset Mgmt. LLC.
In the words of the moderator, “this forum is not for everyone, but if you need to know why the market is moving, what moved it and why, we almost always know it first. That’s the power of community, and nowhere is the strength of community more powerful than in the markets”. “The community aspect also comes into play as traders need help catching up on all the Wall Street research that comes out intraday and overnight. We really help each other out”.
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The moderator of the Opalesque Active Trader Forum is a 15 year trading veteran, and has been instrumental in creating a flourishing community of professional traders who work together daily to beat the markets. The Forum also includes members who are regular contributors on Fox TV, CNBC and many other financial websites. The traders and portfolio managers in the forum run the gamut from independent traders to multibillion dollar funds.
“It consistently makes me money”
“I pay the forum the highest compliment – it consistently makes me money,” says Christopher Hurd from Hill Financial Group in Rowayton, CT. Robert B. Ladd, Managing Partner, Laddcap Value Advisors LLC adds: “Particularly in these times of enormous volatility, a professional resource like the Active Trader Forum pays for itself many times over.”
The Opalesque Active Trader Forum is a essential tool for any trader or manager who is active in the U.S. markets. The service runs 24 hours, but is active during the hours of 8am to 6pm. All members use their own (real) names to insure a fair playing ground. This is NOT a chat board like one might see on Yahoo.com’s finance page. This is a business community of market professionals centered around the U.S. Markets collaborating and communicating in real time.
Opalesque adds 100 new seats, complimentary one month trial on first-come basis
Opalesque, the world’s largest subscription-based publisher covering alternative investments, makes 100 new seats available for this exclusive online community. Once the 100 seats have been taken, the forum will close again. Free one month trials are available at http://www.opalesque.com/index.php?act=chat and will be allotted on a first-come, first served basis.
Business Opportunity: Create your own Trader Chat Forum with Opalesque
Opalesque offers accomplished traders with significant expertise on a particular market or trading style the opportunity to create new trading forums taking advantage of Opalesque’s global reach and its proven turn-key, proprietary software platform.
Examples of such new forums could be:
l Asia-focused trading forum
l Europe-focused trading forum
l Latin America- or emerging markets-focused trading forum
l Country-focused trading forums
l Forums focused on traded instruments: futures or options trading forums, Carbon etc.
l Forums focused technologies or sectors: green / clean tech trading etc.
l Quant trader forum – etc…
Please contact knab@opalesque.com if you feel you have the qualifications to moderate an active trader forum.
About Opalesque:
In 2003, with the publication of its daily Alternative Market Briefing, Opalesque successfully launched an information revolution in the hedge fund media space: “Opalesque changed the world by bringing transparency where there was opacity and by delivering an accurate professional reporting service.” – Nigel Blanchard, Culross. This hybrid financial news service, which combines proprietary industry news stories and filtered third party reports, has been credited by many industry insiders with delivering precise, accurate, and vital information to a notoriously guarded audience.
Each week, Opalesque publications are read by more than 500,000 industry professionals in over 130 countries. Opalesque is the only daily hedge fund publisher which is actually read by the elite managers themselves (http://www.opalesque.com/op_testimonials.html).
For more information, please go to http://www.opalesque.com
31 Mar 2011 Bloomberg IKOS is a quantitative, actively traded hedge fund We place 50 — 80 thousand orders a day We execute about 20-30 thousand of those as trades [You run a global quant fund. How does yours work, how is it different?] We develop a theory and then create models to test that theory. Then we actually test it in the marketplace and then see if it fits in the rest of the investment process before we implement it. There is global growth of hedge fund assets. The Dodd-Frank Act is taking away proprietary trading from the banks and putting it out to hedge funds. By volatility, absolute performance and drawdown hedge funds are attractive to investors. [Do you see demand for quant funds in general stronger or weaker post credit crisis?] There is more understanding and acceptance of quant funds in the institutional space. Particularly ones that have a very long track record and tremendous transparency and liquidity that we offer give people exactly the product profile that people need. [How do you manage risk? How do you prepare for a rare but potentially damaging event?] You have to prepare well in advance. That means risk management is part of your portfolio construction process. You diversify the asset classes that you are trading. You also diversify the time frames and the different models you are using in order to generate alpha. So risk management is not something you apply only outside the portfolio, the most important risk management processes take place … Video Rating: 0 / 5
