Frequently asked questions are listed questions and answers, all supposed to be commonly asked in some context, and pertaining to a particular topic.
>
>
>
>
>
How Forex Works
Mar. 4, 2011 by Dr. Subhash Trivedi, Gujarat
The currency exchange rate is the rate at which one currency can be exchanged for another. It is always quoted in pairs like the EUR/USD (the Euro and the US Dollar). Exchange rates fluctuate based on economic factors like inflation, industrial production and geopolitical events. These factors will influence whether you buy or sell a currency pair.
Example of a Forex Trade:
The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.
Example of a Forex Trade:
The EUR/USD rate represents the number of US Dollars one Euro can purchase. If you believe that the Euro will increase in value against the US Dollar, you will buy Euros with US Dollars. If the exchange rate rises, you will sell the Euros back, making a profit. Please keep in mind that forex trading involves a high risk of loss.
Why Life Insurance needs?
Feb. 28, 2011 by Sameer Trivedi, Gujarat
Life insurance is essential to ensure the needs of your family are met in the case of your death. The money your beneficiaries receive – the death benefit – is income tax free and can help pay for your funeral costs, final estate settlement costs or medical bills. Additionally, your family may also use these funds to help maintain the lifestyle you’ve worked hard to build, and help pay for your children’s college education.