Forex Options Trading – How to Take Advantage of Forex Options

There are a lot of different ways and methods when trading in the Foreign Exchange or forex market. There is what is known as scalping, skimming and there is the use of forex Options.

The forex options are used in order to limit the risks the trader has to take while at the same time this increases the profit the trader can make in the Foreign Exchange market. Mainly, there are two ways to take advantage of this method; one of these is known as SPOT.

SPOT refers to Single Payment Optional Trading; this approach in taking advantage of the forex options is mainly dependent on the predictions of the trader. It could be either one of the two ways to predict movements in the market, technical analysis or historical analysis. Whichever the trader makes use of, it all boils down to his or her accuracy in reading and analyzing the market which would give the trader an idea where to put the money on.

The other approach to forex options is the traditional approach. The traditional approach gives the buyer a right, but not the obligation, to purchase a certain amount of currency within a given time period and at a pre-determined price, which would not change. This basically gives the buyer more flexibility and freedom when it comes to their trades. The trader can choose to make use of his or her trading option at opportune times or expire it; the best decision would depend upon the trader’s situation but the best part is, it’s your decision.

Timothy Stevens is a Forex Options Trader who owns – He has helped hundreds of people on Trading Forex with Options.

He’s recently developed a free e-course showing you a step by step process for starting your Forex Trading easier. To learn how to start Forex Trading with Options without wasting your time and losing more money, visit

Buy Engagement Ring Insurance To Protect Your Investment

If you followed the convention of spending two months salary on the diamond engagement ring with which you proposed to your girlfriend, who is now you wife, we are talking about some serious money. So wouldnt you want to protect that investment in case your wife losses the ring or damage it from wearing it every day?

As with any kind of insurance, the right engagement ring insurance makes financial sense. Insurance give you some protection for your monetary investment and gives you peace of mind in case the engagement ring is lost or stolen. While you may not be able to replace the sentimental value connected with the ring, at least youll be able to get a replacement ring without too much of a financial burden.

Most homeowner’s and renters policies come with jewelry coverage as part of the over-all policy. The limit for the coverage is usually low, typically in the range of $1,000 to $5,000, after the policy deductible is met. If you have fine jewelry such an expensive diamond engagement ring that is worth more that the limit of the coverage, you need to pay an additional premium to buy additional coverage for the ring.

The problem with jewelry coverage under a homeowner’s or renters policies is that most likely the policy does not cover damage or loss to the engagement ring outside the home and only provide cover if the loss happens inside the covered property due to fires or theft.

If you want an insurance policy that covers a loss or damage away from home, you need to purchase a stand alone policy thru a company that specializes in jewelry insurance. Many of the major home and auto insurers also offer jewelry insurance policies. Knowledgeable jewelers should be able to give you names of insurance companies that offer that kind of policy, if they dont sell the policy themselves.

Some jewelers, as a service to their customers and to make some additional money, sell stand alone jewelry policies that are underwritten by insurance companies. Just be sure to do some comparison shopping to make sure you are not being over charged for the policy.

The best jewelry insurance policy is a replacement type policy that would replace your loss or damaged ring with a ring of like kind, at the current value. For example, if you own and insure a diamond engagement ring from Tiffany and the ring is loss, the policy will replace the right with a similar ring from Tiffany and not from Kay jewelers, for example.

The most common and least expensive type of policy is the actual value policy, which replace the cash value of your ring, minus any depreciation. This type of policy is similar to an auto insurance policy, where in the event of a total loss; the insurance company would pay the current value of the auto, minus any depreciation.

When shopping for a engagement ring insurance that fits your needs, be sure you know the type of coverage you are getting so you dont get a big surprise if you ever have to file a claim and only then discover that the coverage is not what you thought it was.

Premiums vary depending on the type of policy, the policy limit, the deducible, and where you live. As with other types of insurance, shopping around will get you the best deal. But in general, engagement ring insurance is relatively inexpensive compared to the price of replacing a valuable diamond engagement ring, and the peace of mind of being able to wear your ring without constantly worrying about losing it far outweighs the cost of the insurance.

Small Business Firms on The Rise With Small Business PBX

For any rising industry, business communication – both inbound and
outbound – is essential for the success of business in the corporate
arena. If your business customers are not able to reach you in time or
get their queries or problems resolved, then your existing communication
interface is merely a waste of time and money. Most of the business
enterprises traditionally look forward to maintaining the on-premise
system for interaction but the costs are not affordable by all. The
introduction of Small Business PBX has led to a cut in the costs
involved in setting up the system. This interface allows the usage of
internet based communication through a software based interface called
switch.

The use of PBX has seen great rise in the adoption by
the small and medium scale enterprises since the time the services are
provided in a hosted format. Earlier, the setup of large room size PBX
to route the calls to different departments was required to enhance the
communication channel and this setup was massive and could not
complement the needs of the SMBs. This is why the use of Hosted PBX
systems gained importance. It is not different from the IP based PBX but
it is just maintained at a remote location and the services are
provided by a software based interface. The users can easily customize
the various options provided in the switch.

Virtual PBX has the
capability to set up and convert to a tailor made main menu which allows
clients to decide where they would like their calls to be connected, or
a particular organization can have the calls forwarded to the
extensions directly. The system also includes features such as call
hold, call return, call transfer, call recording, Interactive Voice
Response, Direct Inward Dialing, do not disturb, call screening,
voicemail and fax, etc. These features are integrated to provide a
unified platform for access. This system functions as the centralized
space from where the calls are directed to other relevant departments.


The traditional PBX has the capability to provide all the features that
Small business PBX intends to provide but the major difference between
the two is the cost and storage space. When we talk about the hosted
interface, the storage space that the users will get over the cloud is
unlimited and hence the users will not get the message of inbox full.
The unlimited number of extensions allows every sort of enterprise
ranging from small to large to gain the benefits of this system by
paying exactly for what they use. This is a scalable interface that
allows business firms to perform relevant changes in their functions and
capabilities as and when the requirement arises.

Small Business
PBX is gaining huge grounds in the small business corporate market due
to the simple fact that it has brought about a major change in the way
customers perceive small businesses. The lucrative business phone
channel comes equipped with features that project the image of a Fortune
500 when a user calls in. Virtual PBX can thus offer a virtual image
that helps business firms gain business from faraway locations by
showing the customers that theirs is a reputed business firm that is
dominant in the corporate market. The provision of virtual office can
also be facilitated since the employees can work in a virtual
environment while staying connected over the phone for discussions.

Where To Cut Costs With A Small Business

With
tough economic times surrounding us and no signs of it relieving
itself, it’s important to focus on ways you can cut costs in the small
business circuit. By taking time to reduce your spending, you can
increase your chances of making it through the dry spells. We have put
together a guide that will give you a few ideas on how you can decrease
spending. All without losing important aspects of your small business.

1)
Do Your Own Marketing: By cutting out a middle man to do most of your
marketing, you can learn to do most of this yourself. Learn how to
network your company. Read books, web sites, blogs and take classes on
this area. That way, you can continue to benefit from high marketing
skills.

2) Keep It Simple: When it comes to office decor, office
supplies and more, the best tip is to keep it simple. You really don’t
need hundreds of office gadgets. So focus on finding the best equipment
that will help you save money, instead of buying tons of smaller gadgets
to takes its place. The less you spend on repair and upkeep, the more
you will be able to cut back.

3) Hire Off Site Employees: When it
comes to your office employees, consider hiring them to work out of
their homes, instead of coming into the office each day. They will often
work for less money since they will need less cash to pay for gas, etc.
Many employees will welcome this sort of change.

4)
Field Your Own Calls: Instead of hiring after hour answering services,
learn to forward your own calls. Once you leave the office, you can have
emergency phone calls sent to another line of your choice. That way,
you can field your own calls in your office. It is a great way to save
money.

As you can see, cutting the costs for your small business
can be very simple and easy to do. It just takes a little planning and
effort on your behalf. Implement each tip into your day to day office
life to see a dramatic improvement in your overall spending.

Ravet Pcntda Delivers The Ultimate Real Estate Investment Destination

With many tempting locations featuring properties for sale in Pune, what does it take to make a new one stand out? Aundh, Wakad, Baner, Pimple Nilakh, Pimple Saudagar and similar areas have had their heyday.

Now, it is the turn of Ravet, which lies on the North-West side of Pimpri Chinchwad Municipal Corporation and Pune. This location is set to become the new paradigm of investment property in Pune. Various significant real estate market drivers have combined to make Ravet the most promising destinations for Pune residential property.

Superior Location

With its development masterminded by the Pradhikaran-Pimpri Chinchwad New Township Development Authority (PCNTDA), Ravet enjoys the benefit of an extremely strategic location on the Pimpri Chinchwad map. It is, in fact, the first town that appears on leaving the Mumbai-Pune Expressway.

This has resulted in it becoming known as the Gateway to Pune; but that is not all there is to it. Ravet is a junction of the old NH4, the Katraj-Dehu Road bypass and the Mumbai-Pune Expressway and is placed advantageously close to the Hinjewadi IT hub and Pimpri-Chinchwad industrial belt.

The residential property investment potential at Ravet is further enhanced by the fact that J.N.N.U.R.M has begun construction of a 45-metre, grade-separated, non-signaled four-lane BRT (Bus Rapid Transport) road at this point. This road, with 40% of the work already completed, will ensure that key area such as Aundh, Pimpri, Chinchwad, Chakan and Talegaon are in easy access from Ravet.

Developer Activity Picking Up

Two major development companies active in the PCMC area are now collaborating on a highly modern integrated residential township at Ravet’s focal centre. In Pune, township properties are definitely the lifestyle wave of the future. Spread over 2.5 million square feet, this integrated township – which features futuristic facilities aimed at making it entirely self-sufficient – is going to be developed in three phases.

Since the highest demand in Pune is currently for affordable housing, the first phase targets the middle-income group with 2/3BHK flats ranging in size from 800 to 1200 square feet. These flats are currently priced between Rs. 24 to 34 lakh at the initial offering phase. Taking a cue from this pioneering project, other developers have also acquired land in Ravet, although their projects are yet to be announced.

The Trappings Of A Pune Real Estate Legend

While Ravet’s accessibility is certainly one of its biggest real estate market drivers, it also has a number of very important establishments in its immediate vicinity. These establishments will ensure that any township properties in this area will thrive.

Among them are the famous Aditya Birla Hospital, industrial giants such as the Bajaj Auto manufacturing plant, SKF and Telco, as well as important education establishments like the Indira Institute of Business Management, D.Y. Patil College and Mercedes Benz School.

Of course, the fact that Ravet is so close to the Hinjewadi IT hub is a major factor in terms of property investment potential. Ravet, with its upcoming integrated township, will now offer affordable residential property options for software employees from this software hub, as well as to those from the Talegaon MIDC and Chakan MIDC.

As of now, property rates at Ravet are still extremely rational. Rates at such township properties tend to be slightly higher owing to the fact that they provide their own infrastructure. Because of this, the appreciation potential for properties in such townships is also much higher than in other projects.

Late Night Payday Loans

Some people have not heard of payday loans and what they are, these are the type of loans designed to be repaid in an extremely short period of time. Normally, the approval process for these loans is quite easy, simple direct deposit funding, less paperwork and less aggrivation. Due to these benefits, these payday loan companies distinguish themselves from banks and may even make the conventional banking system look too bureaucratic. First, their selling point is really about the speed. There are payday loans which can approve you in just about 20 minutes. Having to wait for a whole day is already too slow for the payday loan process. If you are in need of urgent cash and fully believe you can repay on time, then a payday loan may be the answer to your quick cash needs.

Second, these lenders are much more accessible. They work past the ordinary banking hours, which is often less than a full work day. So even if its late at night, you can still go to a loan company that is open and borrow the funds you urgently have to have. Moreover, these companies are often located in areas that are more convienient than most banks. Now that people can get cash even outside of banking hours and closer to home, it is no wonder why payday loans are such big hits.

And if thats not enough, there are also a lot of online payday loan institutions, which makes it so much more convienient to borrow money. Imagine, even when every loan company on the block has already closed because its the wee hours of the night, you can still apply for a loan, and get the money when you wake up later.
The approval for payday loans is easier because they ask less from you. They wont demand collateral and they wont need to check your credit standing, unlike banks. This last factor seals the deal for most payday loans. All of these things make up for the strong niche built by the payday loan industry.

Small Business Cash Advance to Expand Your Business

There are some instances those small businesses run out of cash to
fund a current bill, expansion or paying some suppliers. Being not
liquid in business is pretty normal but if this happen when there is an
unexpected bills to pay or opportunity for investment there are some
institutions to go to like traditional loans or government grants. But
though these are good sources of funds it may take time to get the funds
and often times you will need a lot of papers to accomplish and submit.
These loan firms and government institutions may require you to leave
collateral for your loan and these are some things you cannot wait since
time in business is definitely money. Hence; small business owners make
take advantage of the small business cash advance.

Like any other loans, small business cash advance
should be well-planned and thought of since this is an interest bearing
loan and interest meter is running the very moment you take out the
funds. But if you have a solid business plan on where you will use the
money then there is no reason why you shouldn’t opt for this one.

I have listed below the advantages of Small Business Cash Advance that you can ponder when you avail this for your small business.

Running a
small business is not for the faint hearted but for those who are
willing to face even the hardest turbulence. It is just a matter of
thinking and planning well and contemplating on the opportunity costs of
business decisions. And like any other loans, small business cash advance should be used wisely to expand your business properly.

Benefit from the best in Financial Planning Services

People don’t set budgets for themselves to make their lives miserable and not fun. Instead, they use a budget for just the opposite. A financial plan or budget is simply a guide to help manage your money and spending. We all have a job and some kind of income, and all of it is usually used on expenses. Without properly distributing income for the proper expense, an important bill may be overlooked and fall short. The overall goal for creating a financial plan is to lay a foundation down for the proper allocation of income required to cover each expense.

A well thought out financial plan offers nothing but benefits to you. You can do it yourself or hire a professional if you don’t think you are up to the task. No matter which you choose, remember to do it the right way and take full control of your situation. A good financial plan can turn around your financial outlook and hopefully nip some problems, like bad debts or past mistakes, right in the bud.
Compile a list of short and long-term goals. Things such as vacation plans, purchasing a new house, buying a new car and others that would require you to make a large investment should be included in this list. Think of a variety of different reasons that would affect your life and why financial planning and saving can benefit your life. The better direction and defined goals you have, the easier it will be to meet them.

Having a sound financial plan is also a great way to protect you and your family in times of hardship. You never know what the future holds. Something like an accident, job loss or a natural disaster can occur at any moment and change your life for the worse. A sound financial plan allows you to alleviate this burden and enjoy today without worrying so much about tomorrow. This kind of protective financial planning covers everything from life insurance to an emergency savings account.

Don’t let your debt take control of your life. The main benefit of good financial planning is the opportunity for you to take control of what you owe. You need a sound plan to decide how to allocate your money where it is most needed if you ever want that debt off quickly.

Another great way to use sound financial planning is if you are planning on starting your own new business. In order for you to become approved by a bank for that all important business loan, you’re going to need a business plan which includes a section for your financial planning. In order for you to spend your new business’s money wisely, you will need a well structured budget.

Pick out a set time of the month and regularly go over your plans. As you move closer to debt relief or as your business grows, your financial standings and plans will change and need to be revised. Don’t be afraid. Revising your plan is normal and should be encouraged. As long as you keeping your working on that final goal of yours, taking a different plan of action is fine.

Employment Grievance Procedure Illustrated With Chagger V Emilio Botin Abbey Banco Santander Group

An employment grievance is an issue, complaint or concern over employment rights that the employee brings to the attention of his employer. The grievance may be about such things as employment terms and conditions, health and safety, equal opportunities, organisational change, work relations, working environment, bullying and harassment, and new working practices.

The UK employment grievance procedure is illustrated here with the high-profile Court of Appeal employment race discrimination case Chagger v Abbey National plc & Hopkins (2009), in which an Employment Tribunal made findings of breach of contract, unfair dismissal and race discrimination, and ordered Emilio Botin Abbey Grupo Santander share price to pay Mr Chagger the record-breaking financial compensation of 2.8 million to cover his loss (Emilio Botin Abbey Santander banking group had refused to reinstate Mr Chagger as ordered by the Employment Tribunal).

Abbey Banco Santander share (the UK high-street bank being re-branded as Santander shares price, and being part of the international Banco Santander Central Hispano Group) dismissed Balbinder Chagger from his Trading Risk Controller position in 2006. Abbey Santander banking claimed the dismissal was the result of a fairly conducted redundancy exercise. Mr Chagger, on the other hand, alleged that his removal was motivated by unfairness and race discrimination. He was of Indian origin, earned about 100,000 per annum and reported into Nigel Hopkins.

There are many benefits in resolving a grievance through informal channels and, wherever possible, the employee should try to achieve this first. Failing that, a formal grievance procedure may be pursued. The procedure is meant to process the grievance with fairness, consistency and speed.

The employee initiates the formal grievance procedure by informing the employer in writing of the grounds of his grievance. The procedure then requires the employer to invite the aggrieved employee to a grievance-hearing meeting to hear the grievance. The grievance hearing must be held within a reasonable time from the date the grievance was raised, usually within 2 weeks. The employee usually has the right to be accompanied to the hearing. At the grievance hearing, the employee explains his grievance and how he would like to see it resolved. The employer is ultimately responsible for deciding how to resolve the grievance. The grievance procedure gives the employer an opportunity to handle the grievance and to bring it to a satisfactory conclusion. Once the employer has decided how to resolve the grievance, the employer must notify the employee of the decision in writing, explaining that the decision may be appealed.

If the employee is dissatisfied with the employer’s handling of the grievance and wishes to pursue the grievance further formally, then he may appeal against the employer’s decision. The employee appeals by informing the employer in writing of the grounds of his appeal. The employee normally needs to raise his appeal within 5 days from the grievance outcome. The employer must then invite the employee to an appeal-hearing meeting to hear the appeal. The appeal hearing must be held with a reasonable time from the date the appeal was raised, usually within 2 weeks. The employee usually has the right to be accompanied to the hearing. At the appeal hearing, the employee explains his appeal and how he would like to see it resolved. The employer is ultimately responsible for deciding how to resolve the appeal. The grievance procedure gives the employer another opportunity to handle the grievance and to bring it to a satisfactory conclusion. Once the employer has decided how to resolve the appeal, the employer must notify the employee of the decision in writing, explaining that the decision is final and may not be appealed, and that the grievance procedure has been completed and ended.

If at the end of the employer’s handling of the grievance the employee remains dissatisfied with the outcome, then the employee may escalate the his issues to an Employment Tribunal for an independent adjudication. The system of Employment Tribunal is the final channel available to an employee to determine whether or not the employer has acted appropriately. Employment Tribunals will hear disputes regarding unfair dismissal, equal opportunities, discrimination and redundancy payments.

In 2006, Mr Chagger escalated his issues to the Employment Tribunal, alleging unfair dismissal, race discrimination and breach of contract. The Employment Tribunal ruled that Mr Chagger had in fact suffered unfairness and race discrimination from Santander Abbey and from Mr Hopkins, as well as suffering breach of contract from Abbey Santander share.

The Employment Tribunal noted that Mr Chagger had tried to resolve the issues surrounding his dismissal through Abbey Santander’s grievance and appeals procedures. However, the Tribunal found that there was a culture at Santander Abbey of tending to deny and refuse Mr Chagger’s issues, and the issues were simply thrown out of hand by every Abbey Santander officer who had been assigned to decide on them. The Tribunal concluded that Emilio Botin Abbey Santander price had failed to give serious consideration to allegations of racial discrimination and to investigate them promptly.

In 2008, both Abbey Santander banking and Nigel Hopkins appealed against the Employment Tribunal’s ruling of racial discrimination. The Employment Appeal Tribunal (EAT) rejected their appeal. Thus, the original Employment Tribunal’s ruling that Abbey Grupo Santander share and Nigel Hopkins had discriminated against Mr Chagger had been upheld by the EAT. At the same time, Abbey Banco Santander and Mr Hopkins had also appealed against the record 2.8 million compensation awarded. The EAT accepted this appeal and ordered the financial compensation to be sent back to the original Employment Tribunal for reconsideration on the basis, amongst others, that the Employment Tribunal should have considered whether to reduce the compensation to take account of the chance that Mr Chagger could have been dismissed in any event.

In 2009, Mr Chagger appealed to the UK Court of Appeal against the EAT’s rulings regarding the compensation. The Court of Appeal partly upheld Mr Chagger’s appeal, but upheld the EAT’s ruling that the compensation be sent back to the original Employment Tribunal for reconsideration on the basis that the Employment Tribunal should have considered whether to reduce the compensation to take account of the chance that Mr Chagger could have been dismissed in any event.

Emilio Botin Abbey Santander and Nigel Hopkins did not appeal against the EAT’s ruling on race discrimination; they appear to have conceded they racially discriminated against Mr Chagger.

Why Facebook is a Must as a Small Business Marketing Tool

As part of your small business marketing plan you need to be aware of
the way your customers are locating your products and services and how
their buying decisions are changing.

Online social interaction has become one of the main
pastimes for many people utilising social media sites such as Twitter,
Facebook, Linkedin etc. The king of these sites is Facebook with over
500 million people registered on the site, 700 billion minutes spent on
Facebook and on average each user having 130 friends ( and these numbers
are escalating), as a small business owner, you can see the potential
of Facebook to generate leads and sales.

A Word of Caution

However,
one word of caution is that social media is about social interaction,
and if you use the social media sites with an attitude of sell, sell,
sell or me, me, me then you will be wasting your time and energies. You
have to engage with your contacts and critics, listen to what people are
saying, good and bad. Keep content fresh. Use status updates and
newsfeeds to tell people about specials, events, contests or anything of
interest.

Small Business Marketing Facebook Essentials

Gain clarity about your Facebook Marketing goals before you start

Decide
upfront what you want to acheive from your Facebook Marketing. Is is
getting more customers, providing a better service or maybe creating a
brand awareness. Once this is clear, then you can work out your action
plan

Build Your Profile and Facebook Business Page

You
start by building your profile. It is advisable to have a separate
profile for your relatives and non-business contacts and one for your
business contacts. You then build your facebook page using your business
profile. Consider what keywords you want to be found for on the search
engines and build your profile and facebook page around this keyword As
well as having a Facebook Page, you can also create a Facebook group
which can have your keyword as the title.

Make Friends and Get People to “Like” your Facebook Page

Start
building your list of friends by inviting your current business
contacts and then ask them to “like” your Facebook Page. Then look for
groups or pages that relate to your product or service. Example if you
are a plumber, then you can join a builders group or a local community
group. Through these groups you can then make business contacts by
inviting them to be your friend. However the success of them becoming
your friends is determined by how you invite them and the uniqueness of
your message. Once your Facebook page is ready, make sure you create its
awareness through your website and other marketing materials so that
people can come and join your Facebook page

Make Your Profile and Pages Informative and Interactive

You
want to take advantage of the power of viral marketing and therefore
your aim is to get your friends to invite their friends to “like” your
Facebook Page.

Facebook Ads

Just like Google Adwords and
other Pay-Per- Click marketing, you can set up a Facebook Ad and pay
only when someone clicks on that advertisement. Because of the in depth
profiling available in Facebook, your ads can be highly targeted with a
low cost per click giving you a potentially high return on your
investment.

Final Points

Bing has now linked up with
Facebook and Google and other search engines are now starting to use
social media as part of their algorithm. Therefore a Small Business in
this day and age must incorporate Facebook as part of their Small
Business Marketing Strategy