Top 6 Advantages Of Student Loans

It is just a common myth that only the federal loans provided by the UK government are cheaper and easier to repay than the student finance options provided by the private direct lenders. However, if you see the APR and repayment modes, then you come to know that private student loans are the clear winner! Let’s have a quick look at the top 6 advantages of education funds offered by the direct lending companies:

Borrow Short-Term and Long-Term Funds

Whether you are looking for a big amount to complete the higher education course, or need short-term funds, to give just hostel and tuition fees; both options are easily available and you can access the required funds in less than 24 hours without facing any hurdles. You can ask the lender to transfer funds directly to your bank account or deliver to your doorstep.

No Documentation to Waste your Time

The time of a student is very precious and instead of taking stress about the cash, he should focus on studies. Direct lending companies know the importance of young generation in the development of the UK and hence they offer paper free student loans plans. You are not required to submit your last class mark sheet or the address proof.

Apply Online in Just 2 Minutes

You don’t have to bunk classes or take leaves from the college, just open your laptop or smartphone and apply for the student finance loans on any reliable direct lending website. You would need just 2 minutes to complete the online application procedure. No hard copies or soft copies are required.

Avail Funds with No Guarantor

Students don’t have a big network to arrange a guarantor. They are dedicated towards their studies and interact less with people. Arranging a guarantor is an embarrassing task for them as people are not ready to co-sign their application. They can easily access student education loans with no guarantor and no broker by applying to a reliable direct lender.

No Hurdle of Bad Credit History

Some students have bad credit issues due to pending credit card bills or some other reasons. Banks and conventional lending companies don’t entertain their funding requests. However, they can easily secure the cash by applying student loans to a bad-credit friendly lender. There are no hidden charges. You can compare various deals and grab the best one with the lowest APR.

Easy and Flexible Repayment Modes

Everybody knows that a student can’t repay funds during his education time. He doesn’t have a steady source of income. Direct lenders offer various student repayment plans that can be chosen as per comfort. You can either start repaying in installments from the next month or repay the total debt in instalments after completing your education.

Sip Calculator Magnetizing The Investors Towards Online Investing

Online investing option has reached to a higher level with the introduction of SIP calculator. Making the calculation of SIP amount easy, the tool is handy to use as well. Let us understand the concept of SIP calculator with a story. There were two friends Yash and Rohan. Both had passed out college and were placed in MNCs. With the commencement of their career, they took a resolution of initiating their investment also. Yash was very trendy, and new technologies magnetized him. On the contrary, Rohan was simple and was not much of a techie. As both of them decided to invest, Yash did all the research online and also prompted Rohan to take up the online investment method. But, as for Rohan, it was not his area of expertise. So, Rohan relied on the mutual fund agent, and Yash went for online investing. When it came to deciding the amount to invest as SIP monthly both were confused. Yash took the help of an SIP calculator, and Rohan trusted the agent. But, the outcome was that Yash got the exact amount required for investment and the agent failed to calculate the precise amount and thus took an approx figure. Thus, for the same scheme Yash paid the correct amount that was required and Rohan had to pay a little more due to the inaccuracy of calculations.

The story signifies the importance of SIP calculator in the investing process, because the amount of SIP decides the corpus (the main aim of investing). Especially in the online investing the role of an SIP calculator is of vital importance. The investor advances towards being free in order to make the optimal use of their money. SIP calculator acts as a catalyst in aggravating the process investment through proper channel.

Features of an SIP calculator:-

There are a lot of features which motivates an online investor to use SIP calculator. A few amongst them are stated below:

Easy to use:

SIP calculator is an easy tool to operate on. The user-friendly approach is the striking feature of the tool. Providing an environment of smooth functioning and quick calculations, an SIP calculator in India is making online investments attain new heights with each passing day. The main reason of the increasing inclination towards online investment is the handy tool (SIP calculator), which ease out the complex calculations manifolds.

Using CAGR:

SIP calculator uses the formula of CAGR (Compound Annual Growth Rate) to calculate the returns. CAGR is the most widely accepted concept for the growth calculation of investment over a period extending one year. The calculation of CAGR is very complex and not beyond the grasping power of non-financial people. It is a mind wrecking concept and takes time to understand. But you need not worry. The CAGR calculation is simplified with the help of SIP return calculator. Paving the way for quick and easy calculations, SIP return calculator has become a defining point of online investment.

Targeting accuracy:

The goal of an SIP calculator is to provide results that are 100% accurate. But, it works on the inputs that are fed to it. Any mistake in the input data leads to an erroneous result. Otherwise, the result shows the exact and accurate outcome without the mistake of a decimal place. A perfection of that level is surely a strong feature of SIP return calculator.

Day Trading Strategies With Beta

In stocks trading and Forex trading, a trader should be well verse with technical analysis as well as fundamental analysis and it is in these analysis that traders should look at Beta to manage their risk takings.

Beta is the measurement of risk in trade and investment. It measures the volatility of a stocks or mutual funds in relation to the entire market It is usually used as a tool to assess the risk in buying and selling of stocks. The total market has a Beta of 1. If stocks have a Beta of above 1, it means the stocks move more then the market overtime (stocks price will be more volatile then the market). If the stocks move less then the market (stocks price will be less volatile then the market), its Beta will be less then 1.

The importance of Beta is that it helps the investors and traders to make trading and investing decision. In stocks trading, stocks with higher Beta are far more risky but have a potential of giving higher returns while stocks on lower Beta are less risky and thus may face a lower returns.

Traders and investors could find utility stocks to have a Beta of less then 1 while high tech stocks and financial stocks to have Beta of greater then 1.

1. What is a finance Beta?
A finance Beta indicates the expected return of a stock that is correlated to the return of the overall market.

2. Where can traders or investors locate Beta?
Beta can be found easily in most stock brokerage sites, trading platform and trading system.

3. What does a zero Beta means?
A Beta of 0 means that its price is not at all correlated with the market.

4. What does a positive Beta means?
A positive Beta means that the stocks generally follow the market.

5. What does a Beta more then 1 means?
It means the stocks are highly volatile in correlation to the overall market.

6. What are the disadvantages of Beta?
Beta is poor indicators of what lies ahead as they reflect only what had happened. Thus, it is useful for short term trading and not for long term investing.

Traders could use the Beta readings to manage their risk in the trading system and their trading strategies. It is basically an important Risk Management Tools.

Lead You To The Authentic Zone Of Money Transfer

If you have an international business and you have to move to many countries for the purpose it is the urgent requirement to find a reliable and efficient money transfer service. Business with any other country will require a resourceful money transfer. This transfer should be fast efficient and safe. Your trade shouldn’t be forced by the variation in exchange rates either. For all these reasons, it is prudent to take the assistance of International money transfer Services available. It will be better to find the reputed and quality one on the internet. It is an internet era and you get different types of information on the internet.
Process Involved
This service helps you find a provider that you are comfortable with. After you decide on the money exchange provider you will need to complete some forms. Once you have established contact, you will be informed about the rules, terms and conditions involved with a deal. Finally, you will be asked to complete some forms to set up your account. You can fix a standard rate for your exchange as well. The whole process is hassle free and once you learn how to go about it, the upcoming transactions will be smooth, effortless and quick.
Exchange Rates
When you wish the inexpensive currency transfer to be done, you should be careful about the rate you choose. With large amount of money a little change can make a big variation for your commerce. When you transfer your money to a bank, they will transfer it at a great exchange rate that you are happy with on the day you have mentioned. Exchange rates promised may differ between agencies that are why you should be careful while choosing one.
Staying in the circle
Most good free currency transfer companies will make sure you are kept in the circle about where your money is. When the transaction is being made, you will be sent a verification message and sometimes even a message. You will be consulted before and after the deal, which assures that nothing can go wrong with the deal. This feature gives you more control over your money.
Expediency and safety
Foreign Exchange is a very expedient way of sending money across countries. When you choose a reliable company, along with good customer service, you will also safer transferring your money. This service is as useful for the common man as it is for businesses. Having an overseas exchange agent working for you is an immense way of saving money. In some websites, you get to check the exchanging rates promised before you sign in to transfer money. This makes it easy for you to select the best in the record.
Currency Exchange near me, this thought is quite wise and intelligent as there is lower risk for the safety of your cash. If you are in Adelaide, you can find a good currency exchange company that has a strong team for a powerful deal of money transaction. A reputed and trustworthy company always offers the better rates and a higher security.

Finance Theory And Risk Management

In this final article on finance we’re going to review some finance theories. There are plenty of them to go around.

Finance theories themselves are the foundations for understanding the role of finance in markets. It is a way of measuring investment value and risk and return on investment. Some of the theories include foreign currency transactions, value at risk and portfolio theory, which is the basis of investment analysis. An example of investment analysis is the CAPM model.

CAPM stands for Capital Asset Pricing Model. This is fundamental to all finance theory. The CAPM model tries to explain the relationship between risk and return on investment. This risk includes both systematic and unsystematic risk.

Systematic risk is the risk factor common to the whole economy and the risk associated with investments in general. These are also non diversified risks, meaning they are invested in one area.

Unsystematic risk is the unique risk associated with a company such as bad management, strike or disaster and with diversification, can be eliminated or at least lessened.

Only systematic risk is compensated for in regard to the investor.

Here is the CAPM formula for you mathematicians out there.

re = rf + beta (rm – rf)

rf is the risk free rate. This is the rate that the investor gets for no risk. rm is the risk of the market as a whole in general. re is the expected return incorporating the risk free rate, market risk and beta value.

In the ideal world you want to maximize your re while minimizing the risk factor. Sometimes this is not always easy or possible. But this is what you shoot for.

Then there is the SML or Security Market Line.

How does this relate to the CAPM formula? Actually, the SML is a graphical representation of the CAPM. This tells us that if a security is priced accurately the expected return of the security will meet the security beta at the securities market line. However, if it falls below the line then that means the security is undervalued and overvalued if it falls above the line. In either case, adjustments have to be made.

All of this leads to the theory of risk management itself, which you could write several books on alone. However, we won’t attempt that here. Instead we’ll just do a brief overview of risk management.

Risk management is trying to identify, control and minimize the financial impact of events that cannot be predicted. By minimizing potential risk, a company can minimize the potential loss associated with that risk.

The ways that companies do this is through diversification of investments. A company might do any one of the following to diversify and reduce risk including long term forward contracts, currency swaps, cross hedging and currency diversification. By doing these things a company is placing it’s funds in various areas so that if one area is hit hard by something unforeseen the other areas should be unaffected. So whatever diversification is done should be done with careful planning to ensure the areas invested in do not overlap each other. This makes it highly unlikely that multiple areas are affected by one event.

Judge Some Facts Before Exchanging The Money

When you will go traveling, then you have to take the things, which you will need in that place. It is necessary because you will not get the facilities of your home there and you have to be prepared for every situation. But when the matter comes to the visiting of a foreign country, then apart from our excitement we have to think about the thing first is the money. As all of us know that there is variety in the currency of different place. So, we must take the proper currency of that place as we cannot do anything without it. There are some methods, by which you can exchange the money, like the banks, the ATMs or from some brokers.
The banks are the most reliable medium for exchanging the money. You can be assured by the fact that you will get the service authentically. They will systematically exchange the currency and you don’t have to think about it. You can also convert it from the banks of that place also. You will get the same reliable service. But as you are going to a public sector, then it will take some time and you have to wait for it. So, if you don’t have the time to wait there, then you will face difficulty by exchanging through the banks. The banks also charge high rates for converting the money, then it can be expensive for you.
You can take the money from the ATMs also. It is the most convenient medium for getting your cash, as you yourself will draw the money and you don’t have to depend on someone for this. So, you can take the money whenever you needed and it is the fastest service. But there I also the problem, as the ATMs charge a very high price for drawing the money. It will become more expensive for you as you have to pay more than the normal transaction. If you think that you will get the money at a time, then also it will not be safe for you to carry so much money to an unknown place. But with every transaction, you have to pay the charge.
When you will try to go some brokers for Cash Exchange, then it becomes easy for you as you can get the money by sitting at your home. You can do it by online and the agent will come to your home and will take the money from you and will also return it within the given time. It can be a suitable option for you as you don’t have to do anything for the exchanging the cash. But there also can be a problem as the matter is about your money, then you have to be a little careful and have to know about the broker and the agent, who will be the medium of transaction. If they are not reliable enough, then your money will not be safe enough. There is also the matter of the false currency as it has happened in the services like Australian Currency Exchange. So, be careful about every facet of exchanging your money so that you don’t have to waste your money in the wrong place.

Does Social Media Help In Getting An Auto Loan?

We live in a world dominated by technology and social media. Whether they are your shared posts, status or your connections, social media platforms play a key role in carving your virtual personality. A well-known fact is that technology is an inevitable yet an integral part of our lives. When it comes to financing your car, social media is building its way and becoming a relevant medium of profiling. For instance, John walked into a dealership to purchase and obtain financing for a car. The quickest and easiest way to search for a tentative background of John would be to get a grasp of his personality on the basis of his behavior on Facebook and Twitter account, respectively. Currently, a small percentage of lenders use social media for judging an individual’s creditworthiness. However, the developing presence of social media is gaining mind share of the lenders.

Can Social Media help in ascertaining the Creditworthiness of an individual?

1) Facebook can build your Credit Circle

The very essence of Facebook lies in networking. A creditworthy profile does not require millions of posts or many friends. However, if you have a genuine profile and do not pose any abnormal social behavior, your profile is likely to get approved for an auto loan. Additionally, the presence of certain contacts in your friend list with a clean history and a strong credit score further add to your creditworthiness. Lenders can look for mutual contacts that have been previous customers. The payment history of the mutual contact can then be used as a basis to judge your creditworthiness. In order to get the most out of your circle, seek a person with a good credit score and make him a cosigner and your auto loan process will become smooth.

2) With LinkedIn, lenders can check your Employment Stability

A stable employment speaks volumes about your personality and trustworthiness. LinkedIn can serve as the best source of obtaining information regarding your job history, duration, professional position and interests. The documentation of an auto loan requires you to display evidence of a source of income through pay stubs. However, there is less proof one can gather regarding the stability of employment. Social media can become a tool to ascertain not only if there is job-hopping, but also the financial strength of the individual. A person with a 500+ connections, long duration of employment history and a considerable profile activity can become a favorable applicant in the eyes of the lender.

Buying a Car: Making the Most of your Social Media Profile

Social media has made its way into the minds of auto buyers as well as lenders. As primary sources of guides, nothing comes above your credit score, current income status and payment history. However, virtual platforms such as Facebook and LinkedIn are starting to occupy mind share in terms of creditworthiness. Once the primary sources of information seem insufficient, lenders may turn to social media to get an idea of your personality. A few helpful ways to make sure your social media positively adds to your credit score is to be careful with your online posts, invite only genuine friends into your virtual circle and to always keep your professional profiles updated.

Unlevering a Beta

In the process of calculating a weighted average cost of capital for a discounted cash flow analysis, one must often unlever a Beta. Let’s take a look at the process.

Calculating Beta is the fun part of the capital asset pricing model (CAPM). Since Beta is a measure of how a stock moves with the overall market, you would calculate it by doing a regression analysis of the stocks performance against a broad index such as the S&P 500. Fortunately, many stock information services such as Bloomberg or Yahoo Finance have already calculated this value for stocks.

The problem with these Betas is that they are levered. We need an unlevered value for our cost of equity calculation. The reason we need this unlevered value is that the amount of debt or leverage that a company has can affect its Beta. And since a potential acquirer of a company could choose to significantly alter its capital structure, we should take out the effect of leverage to have a better sense of the company’s value.

Unlevering a Beta

Unlevering a Beta can be a tricky process. The formula for an unlevered Beta is as follows:

Unlevered Beta = Equity Beta / [ 1 + (1 - tax rate) * Debt / Equity]

The equity Beta would be the Beta you get from Yahoo Finance on the Key Statistics page. You can calculate the company’s tax rate by dividing tax expenses by before tax income on the company’s income statement. Debt is the company’s total debt. Equity in this case is the market value of the company’s equity – its market capitalization.

Beta Comps

As if calculating an unlevered Beta were not tricky enough, you can’t calculate a Beta for private companies. Instead, we must analyze industry comparables to find an average or median unlevered Beta as an approximation for our company’s Beta.

What this means is that we need to look up public comps for our company, calculate each of their unlevered Betas and take an average. We can now use this average Beta in our capital asset pricing model and in calculating weighted-average cost of capital.

The Benefits Of Trading The Commodity Market

Like trading in the Stock market, trading in the commodity market is also very interesting. While one trades on the basis of Stock Cash Tips in the stock market, the trader can trade on the basis of commodity tips in the commodity market. ProfitAim Research is one such advisory firm, which provide both the best Stock Cash tips as well as commodity tips to the traders.
Commodity market seems to be a lucrative avenue to a lot of traders and Investors. In the Commodity market various commodities are traded and one can take benefit of the price fluctuations to trade effectively in the commodity market. Various commodities are listed on the Commodity exchange and the relative prices of various commodities are traded on the exchange. There are various benefits of the Commodity trading like a trader can make huge profits by trying to forecast the Commodity signals. The most important part of the Commodity trading is to anticipate the Commodity trading signals.
Scalping: Intraday Trading Strategy For Commodity Market
One of the important benefits of the Commodity market is that the trader can form a strategy and trade on the basis of it. The Intraday strategies like First hour strategy or scalping techniques can be followed to earn good profits from the trades. Scalping is a technique to look at the price range during the first hour of trade and then look for a breakout from this range. Thus, if the prices break from the high it’s a buy call and a rise in the prices is anticipated. On the other hand, if a breakout from the lower limit of range is observed a down trend is anticipated. Thus, scalping is an important strategy in achieving good profits from the Commodity markets.
Also, there are other strategies available like trading for small profits. In this case small changes in the Commodity signals are generally traded for the profits. Also, a large number of trades are executed to add up to large profits, this will be applicable in Stock cash tips as well. The Commodity trading signals are unassuming but still with a proper plan and a proper strategy good profits can be made through Commodity markets. The trader can also base their trade based on the advice from the advisory firms who provide free Commodity signals initially and then charge a nominal amount for their services. Thus, the Commodity trading is beneficial if done with proper planning and strategy.
Trading based on the Charts
Trading in the stock or commodity market is an art difficult to master. People use various methods and strategies to trade in the stock markets. Trading based on the charts is one of the ways out of them. Various types of charts exist like Candle Stick charts and line charts. These charts can be plotted with varying time scale. The price movement depicted by chart can be an important way of forecasting future prices.
Thus, one can trade on the basis of charts and by applying suitable indicators of the technical analysis, one can anticipate the price movement. Trading on the basis of intraday Stock Cash Tips is the other way of trading.

Using Betas to Measure Risk

What does a beta really tell you about a stock?

A beta is a measure of the market risk of investing in a stock. It aids investors in picking stocks that meet their risk requirements.

But have you ever noticed that different Web sites often report different betas for the same stock? How does that work?

The beta is basically a score that measures a stock’s risk against the rest of the market. Betas are calculated using regression analysis. The market — usually the S&P 500 — is given a beta of 1. If the stock is more volatile than the market, the stock’s beta will be greater than 1. If it is less volatile than the market, the beta will be less than one.

For example, a stock with a beta of 0.4 would be expected to return 40% as much as the overall market. A stock with a beta of 1.5 would move 50% more than the overall market. However, there are more than one way to calculate betas. This is why there are different betas on different Web sites for the same stock. One of the variables in calculating betas is how far back you go with the calculation. Some calculations look at three years of data, while others look at five years.

What does the beta tell you? It doesn’t tell you if the beta will be more or less next year. The calculations look to the past, not to the future. It will not predict the future of the stock.

The beta tells you how the stock has historically reacted to market-wide or systemic conditions. However, you will not find any information in the beta in regards to the company’s strengths or weaknesses within its industry. For example, the beta will tell you how a stock will react compared to the whole market when a change in interest rates occurs. But it will not tell you anything about the effect of legislation on the importation of a product, which could have a strong impact on several businesses or one specific industry.

Betas are helpful in determining the likelihood of price swings, but are not indicative of the entire picture. Make sure that you find a financial source that you like and use it’s betas every time. This will ensure that you are comparing the same type of betas each time.