How to Buy Penny Stocks

By Mark Boucher

Are you willing to gamble a little bit of disposable income to possibly earn a big return? If so, penny stocks might be an option for you to consider. While you should always use caution and not invest money you can't afford to lose, penny stocks offer you the opportunity to become involved in the trading world for an affordable amount.

What is a penny stock? It is simply a stock that is selling for less than five dollars for each share. These stocks are not traded on the major exchanges (AMEX, NASDAQ and NYSE), but rather over Pink Sheets (so called because of the original color of the paper used). This is often known as OTCBB, or Over the Counter Bulletin Board. This is simply an electronic system that reports changes. Be aware that it is regulated by the NASD, but is not considered a NASDAQ stock exchange.

Buying penny stocks is considered a high-risk investment, meaning that you may lose big. But this also means that you can earn extremely high returns in a short time. The risk and potential earnings are what keep people trading these stocks. Sometimes the return can be several hundred percent a day. Risks with these stocks are limited liquidity, the lack of financial reports and potential fraud.

When buying penny stocks, the lack of buyers may make it difficult to sell stocks. The lack of reporting and volatility of these stocks make it easy for brokers to manipulate as well. This is why fraud is so rampant for these trades. There is no regulatory listing requirement for these stocks either.

The news is not all dismal, though. Penny stocks are popular because of the huge returns some investors find. In order to get started in penny stocks, first find a brokerage who offers this type of service. Your stock shares will be drawn from your investment account through the brokerage. You set the amount you want to invest, and decide how much of your investment will go into the high risk stocks.

Having a broker is important for sound advice, just do your research to find the one best for you. Make sure you have someone reputable that wants to see you earn good returns. The best advice when investing money after making sure you can afford the investment is to spread your money over different types of stocks. If you like the gamble and want a high return, absolutely put some money in penny stocks. You are able to see the highest returns on these stocks, but risk higher losses. Make sure you keep some money in a safer market while you play the penny stock game. - 23211

About the Author:

Buying Penny Stocks, 1000 Penny Stocks, Best Charts for Penny Stocks, Best Free Penny Stocks, Bot Software For Penny Stocks, Chinese Penny Stocks, Finding Penny Stocks, 1000 Penny Stocks, Free Daily Stock Picks information at pennystocks.theinfostop.info

Medicare And Their Benefits And How It Is Funded

By Don Bethune

Medicare is health or medical insurance provided to all senior citizens those who have attained the age of 65 years or people who are physically disabled or if they have any kidney related diseases. The insurance provides them compensation for hospitalization in case of accidents or illness. It also provides compensation for visiting the doctor and doctoras fee.

Unlike private health insurance, who are managed by private organizations, Medicare is controlled by government bodies. Upon turning 65 years of age, any citizen is automatically entitled to the Medicare benefits. People with disabilities or kidney related diseases are also entitled to Medicare benefits.

Medicare is funded via a tax, which is a compulsory deduction taken automatically from the salaries of all employees. The amount of Medicare tax deducted is usually 1.5 percent of taxable income and provides the main source of funding for Medicare.

Once they attain the age of 65 years they can benefit from the insurance and get compensation and subsidy in case of hospitalization and doctoras fee. The whole idea behind this health insurance is to provide affordable insurance to all eligible citizens of the country.

The major funding for Medicare comes from the payroll tax, the tax is known as FICA or Federal Insurance Contribution Act taxes. The FICA includes both social security tax and Medicare taxes. This money is put into a trust fund which is later used to pay hospital charges, doctoras fees and other medical expenses of the patient.

Cigna providers are a health care government organization that provides various health insurance and services. The Cigna providers also provide various services in the Medicare and helps people to attain their claim and process them. The Cigna services are very prompt and efficient that they are highly reliable.

Contact your Cigna provider if you want to claim on Medicare insurance or have any issues. In addition to Medicare services they can also provide low cost health insurance plans at an affordable rate, with a variety of benefits. Cigna can also provide dental treatment coverage.

If you are aged 65 or over, or have a disability, you may be entitled to Medicare services and benefits. Contact your local social security office if you have any questions or concerns. Medicare is funded through compulsory taxes on incomes. - 23211

About the Author:

Before you buy insurance, make sure you check our no obligation quotes at cigna medicare, and cigna medicare part b

Make Pips With Forex News

By Hass67

Forex markets are open 24/5 except on the weekends. You can see continuous price action all day in the currency markets. More than 90% of forex traders are speculators.

Currency markets react violently to the release of economic and socio political news. Currency rates can shoot up or down violently for a few minutes to a few hours before the market absorbs the impact of the news.

Fundamental economic news like NFP figures, the housing sales number, FOMC meeting etc all are released at a known time. Google Fundamental News and you will see lots of sites that provide this information.

You can get the day and time when a major economic announcement is going to be made. Non Form Payroll (NFP) figures have become very significant for USD pairs especially after the start of the recession recently.

NFP figures are released at 8:30 AM EST on the first Friday of each month. Currency pairs like EUR/USD become very violent just after the release of these figures. EUR/USD can shoot up sometime by 50-100 pips in 5-10 minutes.

Markets will mostly stabilize within a few hours after the release of fundamental news unless it is of such a fundamental nature to form a new trend in the market.

Forex news trading is ideal for those traders who like a lot of action within few minutes. Here is one strategy that you can use.

Suppose you want to trade EUR/USD. Enter both buy and sell orders at 10 pips above and below the price of EUR/USD just a few minutes before the announcement of NFP figures.

Put stop loss of 10 pips for both the orders. Put take profit of 40 pips on both orders. When the NFP figures are announced, EUR/USD will usually react violently and either shoots up or down.

Suppose EUR/USD goes up by 10 pips, buy order will be triggered. Suppose it jumps by 60 pips. Your position will be closed at 50 pips when you have taken profit of 40 pips. Isnt it cool you made 40 pips in just a few minutes?

If EUR/USD goes down by 10 pips, the sell order will be triggered and you will still make 40 pips. However, sometimes the markets have a tendency to whipsaw. Practice this on your demo account first and make ten successful trades before going live. - 23211

About the Author:

Mr. Ahmad Hassam has done Masters from Harvard University. He is interested in day trading; stocks and forex. Download Forex Scalping Cheat Sheets. Discover The Best Forex Signal Service! Read about Trend Forex System.

Searching For Home Contents Insurance

By Graham McKenzie

Compare insurance companies for any misleading information. Then make sure the policy you find is as cut and dried as possible. Avoid any loop holes involved that will exclude an insurance company from rightful compensation.

Make sure the company you decide to deal with is legitimate. Take the necessary precautions to identify all the contents you are insuring will be replaced accurately. The fraud to watch out for is when you think you are paying for theft protection of personal belongings, then when this awful situation happens the insurance company comes up with a cop-out to avoid paying you.

You can discharge a company, during the selection process, that has a high volume of negative feedback from prior customers. Consumer reports are an excellent resource to gaining knowledge about a company's customer habits.

Similar to other insurance types, you will need to get quotes. Compare these quotes and make sure your search is worth while. Most quotes should be fairly close, but you will probably come across a few companies that are bogus.

A good rule of thumb used when finding a legitimate home contents insurance, is to evaluate what will need replaced and which items not a priority. For instance, when you purchase most electronic devises you are offered an insurance for an extra couple of bucks. If you purchased insurance already, you will not need to include this product, unless you want paid twice if the item is stolen. You will get paid twice also, but ask yourself if it is feasible to pay the premium with all the other contents listed.

Look at the specifications defined in a policy. Read absolutely everything. If there is a way for an insurance to keep from compensating you, they will. Insurance companies are out to make money, remember that.

After gathering all the facts, you should be able to use a good judgment when selecting an insurance policy that will work out well for you. Otherwise, hasty judgments won't do anything but increase the profits of the insurance company. - 23211

About the Author:

Graham McKenzie is the content Syndication Manager at insurance123.co.zaSouth Africa's leading Household Insurance information portal

The Easy Forex Strategy For Beginners That Really Works

By Michael Jones

Are you new to trading, seeking out a reliable Forex strategy?

A challenge facing many new traders when developing their forex strategy is the ability to identify the overall trend for intra-day trading.

The 200 EMA (Exponential Moving Average) can solve the problem.

Forex traders around the world voted the 200 EMA indicator as one of their all time favorites. That should make us sit up and take note. In view of the power of psychology, if that number of traders take note once price gets within reach of the 200 EMA, there is bound to be a reaction in the market most times.

How To Use The 200 EMA

To use this very powerful Forex strategy, create charts on 3 time frames:

A 4 hour chart

1 hour

15 Minute Chart

Now add the 200 EMA indicator to each chart for the 3 time frames. You could color it red or whatever you prefer to make it stand out.

Preferably tile the 3 windows containing your 3 charts into a vertical fashion so you can see the 3 time frames next to each other. It will squeeze up the information on the charts somewhat but for the purpose of this strategy that doesn't matter.

Now scroll through the various currency pairs you like to trade.

If you prefer to trade only pairs with a smaller pip spread, they amount to about 9.

Here they are:

EUR/USD | GBP/USD | USD/CHF | USD/JPY | EUR/JPY | USD/CAD | AUD/USD | NZD/USD | EUR/CHF

What you are looking for is any currency pair that bucks the 200 EMA on the 15 minute chart.

Take as an example the EUR/USD pair. Make a note of where price is in relation to the 200 EMA on the three different times frames.

Price is what we call 'bucking the trend' if it is well above the 200 EMA on the 4 hour and 1 hour charts but below it on the 15 minute chart.

So price is temporarily going against the overall trend and is in a retracement mode.

Look for a good point to get into the market in harmony with the basic trading maxim of selling rallies in a down trend or conversely, buying dips in an up trend.

Using the EUR/USD example, you would look out for a distinctive candle that would indicate possible price exhaustion as it bucks the trend on the 15 minute chart. The probability is it would soon resume moving in the direction of the trend.

Taking only a few minutes, do this little exercise a couple of times and day and see if you can pick up some good setups.

Take Note When Price Bucks The Trend

As soon as you see price crossing the 200 EMA on the 15 minute chart whereas it is well beyond the 200 EMA in the opposite direction on the 4 and 1 hour charts, FOCUS! Snatch the opportunity to get into the market and make a profit.

Once you see how powerful this easy Forex strategy is, after a little practice in a demo account, you will no doubt be convinced it deserves a place in your trading tool kit. - 23211

About the Author:

Get a useful free tip on how to use the MACD indicator for safe trading here: Forex Strategies Learn an important lesson from Mohammed Ali regarding Forex Training: Curency Online Forex Trading