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Financial Planning – Send Your Kids To College

Financial Planning – Send Your Kids To College

The idea of financing kids’ college education through long term financial planning
is not new. For the past decades, parents have made the efforts to save and invest for the security of their kids’ future. The government participates and creates several laws to support easier financial planning for parent. And up to now, the government has been improving the system of education and polishing the laws to better give the kids the right and secured education they deserve.

The result of years of improving the financial planning system is the creation of several options to effectively build up the necessary funds to send kids to college.

Here are some options for the financial plan to send your kids to college and keep up with the increasingly growing tuition fees in these educational institutes.

Prepaid-tuition plans.

Perhaps, one of the more popular long term financial planning options is the prepaid-tuition plans. It works like college-savings plans. It works by allowing you to save for college education in a tax-deferred investment. Prepaid-tuition plans are based on the present cost of college education and not the projected cost of college tuition in the time when your kids are due to college. So whether the tuition fee cost is doubled or tripled by the time your kids reach college, you will still pay the present cost of college education. Prepaid-tuition plan is for parents who want to take the game of stocks and bonds. Therefore, prepaid-college plans can be a less risky investment to make.

Another good thing about prepaid-tuition plans is that they are considered at parent’s assets rather than the kids’ money.

But in every financial investment there are expected drawbacks. Most prepaid-tuition plans do not cover other educational expenses such as dorm, lodging, and everyday expenditures. Prepaid-tuition plans also have the possibility of shutting down even before your kids get into college. This will result in loosing the money you have invested for a very long time.

Prepaid-tuition plans are currently available in 18 states (Illinois, Pennsylvania, Alabama, Virginia, Nevada, Colorado, Maryland, Kentucky, Mississippi, Tennessee, Texas, Florida, Michigan, Ohio, Massachusetts, South Carolina, West Virginia, and Washington). Meanwhile, the state of Alaska offers the prepaid-tuition plans as college savings plan option.

3.Individual Corporate Bonds or Stocks

A bond is a guarantee that you will be repaid with any amount you have invested on a company in face value, plus the fixed interest rate at a particular set date. Stock is a representation of a part ownership of a company. Making money on stocks is a long term process and quite risky. The market value of the stock may increase or decrease over time. Even from big and stable companies, stock fluctuations can be very unpredictable but if you end with on the winning side, investing on stocks is very rewarding. If you are a type of parent who does not take risks, this is not the type of investment you should be thinking of.

Financial Planning – Send Your Kids To College / Simon Oldmann

Financial plans and decisions are the things that will determine your future situation. Learn about making solid financial decisions and Financial Planning Basics for a stronger financial future at http://financialiq.zupatips.com

Finance

Forex Basic: Two Period Reversal Pattern

Forex Basic: Two Period Reversal Pattern

The two period reversal is originally taken from the 2-day reversal pattern and as the name implies this particular pattern consists of two periods. I use two periods and I apply this pattern to all securities and time frames. A period could be 1 minute or 1 month depending on the time frame you are looking at. I like to see this pattern after a strong move up or down. It does not work in periods of consolidation.

For the two period reversal down, the first period should be at the end of a strong move up. The close should be near the high and it is preferable that this high should be a new recent high. The second period should open near where the first period closed and should lose most if not all of the first periods gains and close near the low of the first period.

This is the set up and you are now ready for the trade. Once the second period has closed you can enter short the market with a stop loss order just above the first or second periods high depending on which is higher. If the trade is to work is should not retrace back above the high of the two periods.

For the two period reversals up, the first period should be at the end of a strong down move. The close should be near the low of that period and it is preferable that this low is a new recent low. The second period should open near the close of the first period and should regain most if not all of the first periods losses and close near the high of the first period.

Once set up you can now enter the market long with a stop loss order below the low of the lowest low of the two periods. With both the up and down reversal there may be some retracement before the trade takes off but it should not pass below the low of the two periods or the high of the two periods depending on which direction you are trading.

I have found this trade to have a high probability of success, it does not however happen that frequently in the markets I have observed. It does however happen with sufficient frequency to have it on your list of set ups to look out for.

Forex Basic: Two Period Reversal Pattern / Martin Chandra

Martin Chandra is a full-time investor. Get limited offers at here.

Forex Trading

Forex Basic: Outside Days

Forex Basic: Outside Days

Outside days can occur frequently on daily charts. The secret of the outside day is the bigger the better and it has more meaning if found at the end of a trend.

They can be short lived and I always take my profit quickly. The outside day (OD) should completely encompass the previous day. It must have a higher high than the previous day and a lower low than the previous day.

One of the most important things about this pattern is that the bar closes in the opposite direction of the trend. If the trend is down the close on the OD must be near the high or in the upper part of the bar. The opposite is true of the up trend. The OD may still work if this is not the case but my research show that it is more effective if it does close in the opposite direction.

I like to trade this in two ways. First, depending on what the market has been doing prior to the outside day I will place a entry order a few ticks above the high of the OD if the trend has been down and I am looking to get long. Once I am in the market I will place my stop loss either as a dollar amount or at the .618 fibonacci retracement of the OD.

If you don’t know anything about fibonacci don’t worry, we will cover that in future lessons. The same applies to the short trade. If the OD occurred at the end of an up trend and I am trying to get short, I will place my entry order a few ticks below the low of the OD. Once taken short I will place my stop loss order in the same way as the long trade, either as a dollar amount or as the .618 fibonacci retracement.

The second way I like to trade this pattern is to trade it intraday. I closely monitor what happens at the high of the OD if I intend to go long and the low of the OD if I intend to go short.

Once the high or low has been taken as the case may be I will then enter the market on a 5 minute or 1 minute chart. For long position I will buy the first retracement with a tight stop loss order under an intraday support and if trying to get short I will sell the first rally with a stop loss order above an intraday resistance.

Forex Basic: Outside Days / Martin Chandra

Martin Chandra is a full-time investor. Get limited offers at here.

Forex Trading
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