Why Warrior Trading was Nominated for Best Trading Educator in 2016 and 2017

It was no surprise when Warrior Trading was nominated at the Best Trading Educator in 2016 by the Benzinga Fintech Awards, but it was even more amazing when they were nominated in 2017. An unusual feat accomplished by few day trading education sites. Here is a little more about how that happened and why Warrior Trading was selected.

What are the Benzinga Fintech Awards?

The Benzinga Fintech Awards is a competition that showcases international corporations that are utilizing the most impressive technology and paving the future in financial services and capital markets. This Awards program seeks out the most innovative companies in the industry and rewards them for their innovations in the financial services sector. Finalists are determined by a judging panel comprised of financial and technology experts.

Why Warrior Trading?

Warrior Trading received this honor because they are on the cutting edge of equipping their users to develop into profitable traders while still maintaining a lifestyle defined by freedom and independence. More and more people are looking for a way out of the rat race. People want to work for themselves and they want to be able to work where and when they want. Warrior Trading is providing the tools for people to life that lifestyle. Warrior Trading is innovating with the trading simulator, daily trading chat room and other offerings that change how people learn how to day trade and in many ways how people choose to make a living day trading.

Why Warrior Trading Received this Recognition

Obviously, we could never cover all the amazing things Warrior Trading is doing in this one short article so head over to their homepage and check all their exciting news out for yourself. Warrior Trading is always striving to stay ahead of the pack and they are always finding new ways to help their users succeed.

What is the best way to stay up to date on all Warrior Trading’s happenings?

Warrior Trading on Twitter does a great job keeping their timeline updated with all the latest and greatest news and information about what they are up to and hot stock tip information.

With everything that Warrior Trading is doing right lately it is no surprise to see them honored again by the Benzinga Fintech Awards.

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Is Socially Responsible Investing Right for You? 5 Ways to Tell

Social responsibility and love for the environment go hand in hand. Surprisingly, so do social responsibility and love for ROI.

Contrary to popular belief, it’s absolutely possible to remain true to your most deeply held principles and earn a competitive return at the same time. The key lies in socially responsible investing, a discipline that (per USSIF, a U.S. social investing consortium) “considers environmental, social and corporate governance (ESG) criteria to generate long-term competitive financial returns and positive societal impact.”

Like all investing strategies, socially responsible investing isn’t for everyone. Before changing your portfolio allocations or adopting an entirely new approach to managing your money, check with a money management firm, ideally one that focuses on Canadian investors.

  1. You Care Passionately About Social Causes

If you didn’t have a passion for protecting the earth’s bounty, you probably wouldn’t be reading this. But socially responsible investing works best when it’s not focused on a single source of good.

The lowest-cost socially responsible funds tend to be broadly diversified, meaning they invest in dozens or even hundreds of friendly companies. If you’re investing in individual stocks, it’s in your interest to diversify your portfolio across a wide range of industries — meaning you’ll likely invest in some companies that benefit the environment, some that support social justice causes, some that aim to improve human health, some that empower individual consumers, and so on.

  1. You’re Willing to Take a More Active Approach to Money Management

No, you don’t have to embrace the wild, wonderful world of day trading. But you do have to take a certain degree of ownership over your funds. That’s because the most passive investing strategies tend to focus on index funds and other instruments that don’t filter for socially responsible status.

Put another way, the broader market isn’t yet quite responsible enough for socially responsible investors to put their trust in ultra low-cost passive strategies.

  1. You Care About More Than the Bottom Line

Are you willing to give up some return potential for the peace of mind that comes with knowing your money is in the right place? Then socially responsible investing is for you. To be clear, not all socially responsible investments underperform the broader market. But periods of relatively anemic performance aren’t out of the question, either — for instance, renewable energy stocks tend to underperform oil and gas stocks when energy prices are low.

  1. You’re Willing to Accept Some Risk

Every investment carries some measure of risk, of course. However, many socially responsible firms are riskier than their established, less responsible counterparts. Though the renewable energy industry has some titans, many green companies are relative newbies. Ditto for companies committed to social justice causes or charitable works.

  1. You’re Given the All Clear by Your Financial Advisor (Or Do Your Own Thorough Due Diligence)

Last, but not least: don’t switch up your investing strategy, even for a good cause, without first consulting a financial advisor or conducting your own due diligence. Socially responsible investments aren’t going anywhere, but you want to make sure you’re doing right by your hard-earned money.

Are you invested in any socially responsible instruments? Why or why not?

 

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Why You Should Have an eWallet if You Don’t Have One Already

eWallets are becoming a major asset to both business owners and consumers. The reason for this trend is that eWallets allow consumers and business owners to connect these eWallets to their bank accounts and facilitate efficient transactions. What is remarkable about eWallets is that they are available during non-traditional banking hours and even have become available in other countries. For the consumer or business owner that wants to shop, transfer money or pay their bills by using eWallets, they absolutely can. By doing so, they will also save time and money in the process. Here are the fundamental concepts to understand about eWallets:

What is an eWallet Exactly?

eWallets fill in the void that the online consumer had previously regarding always having to enter their information into every transaction they were conducting on the Internet. Where eWallets are particularly helpful is that they provide an additional security in the consumer has a verification stage where they enter their credit card number and contact details before making a purchase. eWallets are essentially the middle man in a transaction that create instant purchasing transactions for consumers to enjoy around the globe. eWallets have also become ideal ways to send money to friends and family electronically, which has eliminated the need many times to take out cash from an ATM.

The Biggest Perks of Having an eWallet

eWallets have opened up a whole other way of spending and transferring money that did not exist in prior years. Some of the major players in the industry are companies such as iDebit, Instadebit, and iDeal that have been particularly amongst Canadian consumers. Additional eWallet companies that have become quite popular on the global scale are PayPal and TransferWise. What all of these companies have in common is an added efficiency to transferring money that did not exist ten years ago between individuals both domestically and abroad.

Where eWallets truly benefit consumers is their direct connectivity to the consumer’s bank account without giving their financial information to the plethora of merchants that they will be spending money with. For this reason, it is very both convenient and safe for consumers to use. Another benefit to consumers that use eWallets is that they can purchase a great deal more on the Internet than ever before because many Internet websites are opening up their doors to potential spending with eWallets. This is allowing merchants to enter into a new sector of global international commerce that did not exist previously.

Disadvantages Associated with eWallets

Granted eWallets are truly a revolutionary change to how we buy and receive money for transactions. That being said, eWallets still have a long way to go before they are perfect. Some examples that are quite frustrating for consumers to deal with is that it is quite difficult to contact these companies in the event of a customer service issue. Companies such as PayPal are notorious for having nearly impossible customer service phone call wait times. Another issue with PayPal is that they are almost too secure in that if an individual is buying and selling in many different countries, they close down their account frequently, which creates a very annoying situation in that the customer has to contact them regularly almost before any major transaction. Until more advanced features are available for eWallets to track transactions, this will be a major downfall for companies such as PayPal.

Another issue with companies such as PayPal and TransferWise is the high fee that they charge between exchange foreign currencies. Particularly relating to PayPal, PayPal has possessed a great deal of success with their PayPal Global feature that allows expats to get their earnings out of China, for example; however, there is a very low daily transfer limit coupled with a very high fee. For this reason, the expat would have to transfer several times and pay triple or quadruple the rate should they need to transfer money in excess of $500 out of the country or pay merchants abroad.

Concluding Remarks on the Subject

In sum, eWallets are no doubt a revolutionary addition to the current financial landscapes. There is an absolute certainty that these eWallets will be around in the future; however, they still have little ways to go in connecting individuals and markets essentially. As we as a global society approach the inclination to connect markets and currencies more than ever before, eWallets will absolutely be the pioneers in this sense of finding ways to safely and efficiently spend regardless of where one resides in the globe. Where eWallets need to improve is in how consumers can resolve disputes and/or customer service issues while working with these companies. As it stands now, consumers lose their funds for several business days, which does not promote efficiency for global commerce. Once eWallets sort out this glitch, they will become even more effective and trustworthy ways to buy and sell goods all over the globe.

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