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Can Betting On Horse Racing Be Profitable?

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Horse racing is a hugely unpredictable sport and gambling isn’t necessarily renowned for increasing bank balances. However, with sensible staking and a healthy working knowledge of the sport, it can be possible to make a small profit and have plenty of fun along the way.

Source: The Racing Post via Twitter

There are a number of different strategies and techniques used by professional gamblers but making a long-term profit is far from easy. There are always going to be ups and downs but it’s important to take your time, follow patterns and race results and not jump in feet first.

The first rule is to only bet money that you can afford to lose. Betting is great if you have budgeted for the month and still have a surplus £20 but if things are tight, it is advised to simply take a watching break. Just because you aren’t able to have a wager, it doesn’t mean you can’t check the result and make a note of things such as the winning trainer and jockey.

Sensible staking is absolutely imperative. It is generally advised that you should never place more than 5% of your starting bank on any one bet. For example, if you’re starting with £5o, your first bet should be in the region of £2.50. Naturally, if you make a profit, this will gradually increase. This will help ensure longevity and won’t have you scrambling around for further funds.

Source: OTI Racing via Twitter

One misconception amongst gamblers is that there is an obligation to bet on every single race. There are often upwards of thirty races per day in the UK and very few people have enough time on their hands to meticulously study every single card. If you don’t feel confident about a horse’s chances, it is generally advised to abstain and wait for the next race to come along. Races such as Novice Stakes on all-weather tracks are often incredibly difficult to call and should probably be avoided.

Races such as the Grand National are a terrific spectacle but they can also be hugely unpredictable. By following the sport throughout the season, you are more likely to pick up clues and it is often possible to find the early-value in the ante-post markets. Shantou Flyer was priced at 100/1 prior to the Cheltenham Festival but following a solid run in the Ultima Handicap, the Sue Smith-trained runner has been cut to 25/1 according to Oddschecker. It is possible to place a bet months in advance and can often ensure a bigger payout than those who only got involved on the day of the race.

Profiting from horse racing takes tremendous dedication and hours of hard-work It isn’t easy to leaf through pages-upon-pages of previous form, but this will pay dividends in the long-run. If you aren’t willing to put in the effort, you are likely to fall short. Those who stake sensibly, select their races carefully and aren’t afraid to take a watching brief are likely to find it a hugely enjoyable and potentially money-making experience.

Three Critical Investing Tips For Millennials

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As it stands, the millennial demographic is larger than any other generation. Having said that, do they plan and save better for retirement than the other generations? Maybe, maybe not.

As millennials move into the critical earning years of their lives, it’s essential for them to save as much for retirement as possible. While it may be challenging to sock away a significant portion of your paycheck, investing wisely in the market could prove to be very beneficial in the long run.

But how?

Jason A. Sugarman suggests following the following three tips to investing in the right kinds of stocks.

Avoid Trends

Steering clear of fads will yield positive results. Just because you love snapchat, doesn’t mean you should throw all of your money into Snap Inc. We see way too often company’s stock diminishing after an IPO.

In order to avoid this pitfall, consider whether or not a company truly has potential for growth based on personnel and product advancement.

Let the Market Grow With Time

Sometimes, the best advice is to just “do nothing”. In this sense, investing in a mutual or index fund can yield some nice returns in the long-run. This may be a great option for millennials who really don’t have the time to monitor stocks and analyze the market.

It’s amazing how often an index fund will outperform a hand-picked hedge fund (not to mention the high fees that come with actively managed funds).

By removing the guesswork out of investing, indexing is a great way to go. You can also consider a target-dated fund, which rebalances your account automatically with age.

Early is Better than Later, More is Better than Less

As an investor, the biggest benefit that you can have on your side is time. When you’re young, you have leniency to take risks and suffer losses through the turbulence of the market. In regards to your retirement, risk really doesn’t matter that much due to the amount of time that you have on your side.

As history shows us, the stock market (over time) moves in a positive direction. We’re never going to have a 35 year recession. Unless we have some catastrophic event that ruins capitalism, you’re guaranteed to earn money in the long-run.

Investing in the stock market when you’re young is much akin to going shopping and buying something on sale. You’d purchase an item on sale even though you may not wear it until later, right? Millennials should look at stocks in the same light.

Recap 

Sure, investing can be very tricky. Having said that, if you follow these three tips, you’ll be sure to have some nice earnings later in life. Get started today!

Advice From Brennan & Clark Collection Agency – How to Avoid Falling Behind On Your Debt Repayments

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Debt is a affliction which many people are suffering under the weight of, not everyone of course, but there are many who are finding it difficult. Well managed debt is absolutely fine and will not cause any issues to you at all, poorly managed debt is a large problem however that affects many aspects of the life of those in financial difficulty. The key to staying on top of your debts, is to stay on top of your repayments, and we spoke to the Brennan & Clark collection agency, to give you some pointers on how to ensure that you are on top of your debt repayments.  

Review and Negotiate

The first step is to look at all of you debts, and the repayment amounts, and then cross reference that with your salary and the bills which you will have to pay each month. When reviewing your debts, you should also pay particular attention to the date on which the payment is required. After reviewing your repayment details, you can then speak with your creditors, to tweak the agreement somewhat. For example make sure that the date of repayment, is shortly after the date that you receive your wages, making the payments easier to make. If you have found that with all of you bills and repayments, you don’t have enough money to survive each month, speak with your creditors and try to make an agreement to pay less over a longer period of time.  

Prioritise

Debt repayments are something that you can’t forget about, or put off for another month, they are vital payments that must be made monthly. And so when you receive your salary, you ought to consider repayments in the same way that you would think about paying rent, or your gas bill. Make sure that you understand the importance of these repayments, and that you give them high priority to avoid falling behind.

Communicate

It is vital that any changes in your personal circumstances is known about by your creditors. It is up to you to notify your creditors of a change in salary, sudden unemployment, unexpected medical bills or any other situation which impacts your ability to repay your debts. Once you notify the creditors, in most cases you will find them more than happy to make alterations to your agreement with them, in order to keep your repayment plan up to date. The key is not to hide, but to notify your creditors of the changes.  

No More Borrowing

One thing which you must ensure that you avoid, is borrowing more money. Whilst in the short term, loaning money to cover your repayments and give you some cash on the hip may seem like a good idea, in the long run this will only compound your debt issues, and ensure that your repayments are made far more difficult in the future.

Jonah Engler Reviews Latest Wall Street Moves on Investors

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There have been a number of investigations and allegations made on how the millions of people in this country who have their money invested in insurance policies, mutual funds, and pension plans, are being fleeced. Brokers and investments must, by law, give their clients the most favorable terms, looking at 12 different exchanges and choosing the best one. Unfortunately, however, it seems that brokers are not sticking to these rules. This is something Jonah Engler has recently uncovered and is now trying to change.

The Business of Brokerage According to Jonah Engler

It is a known fact that brokers often take rebates for choosing certain exchanges over others. What this means is that investors do not get the best outcome possible, but brokers gain more. In a sense, the system is rigger. On the grand scheme of things, the harm done is minuscule on a trade by trade basis, but it is much greater on non-professional investors who have placed their financial future into these trades.

If a broker is to find the best financial option out there, then they should look at incentives to buy and sell with a queue that is as short as possible. The longer the queue, the worse the outcome. However, it seems brokers still choose the longer queues and that these queues are also the ones that offer the greatest rebates.

There are exchanges that don’t engage in these tactics. For instance, the IEX does not pay any rebates at all. They also have a type of speed bump in place, so that ordinary investors have a fighting chance against the high frequency trading. They opened on August 19, 2016 with a simple promise: to execute trades better.

Another option to consider is BATS, which was founded by a high frequency trader and is now a significant rival stock exchanges. Their website shows what the execution quality is of all the different exchanges. This website, which uses data from FINRA and other debt knowledge sources, has shown that Nasdaq, which has always led the spread rankings in the S&P500, is losing ground to IEX.

Yet, the overall market share that IEX currently enjoys is just 2% of the total market, despite having much more effective spreads. According to Jonah Engler, this is because IEX is a principled exchange that does not pay kickbacks – or rebates. Both the New York Exchange and BATS are following suit in this, reverting some of their exchanges back to a model that does not use kickbacks.

If more would follow suit, then the securities market in this country would have far greater quality and integrity. It makes the whole system fair and would increase people’s faith and trust in the industry as well. With kickbacks in place, it becomes impossible for a broker to truly follow their best execution duty, even if they are legally obliged to do so.

Jonah Engler belies that the Securities and Exchange Commission (SEC) should also be involved in this, as they are the ones who can enforce brokers working with the best options for their clients, not themselves.

Tips on Finding a Company to Invest in

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If you’re interested in finding a profitable company to invest in like Marc Leder does, simply continue reading to discover a variety of ways of finding the right company to invest in.

1. Consider asking a reputable financial advisor for advice

If you’re relatively new to investing and are unsure of how to best invest your disposable income, you may want to consider talking to a financial advisor, who’ll be able to provide you with a variety of possible businesses to invest in. All of which are likely to bring in a decent return on investment.

If you book an appointment with a financial advisor they may ask you what your financial goals are. As an example, if you’d prefer to invest in a low-risk investment opportunity or a high-risk investment opportunity. The latter of which will be more likely to bring in a much higher return on investment.

2. Opt for a well-established company, which has already achieved a high level of success

If you’re unsure of how to choose a company to invest in, you may want to invest in a well-known company which features prominently on the stock exchange. Examples of such companies include Alibaba, Apple, Microsoft, and Amazon. If you plan on investing a sizeable amount of cash into a company, it’s well worth chosen a reputable company, which is unlikely to lose its value in a few weeks or to go bankrupt!

3. Consider investing in a relatively new company in order to make a sizeable profit

One of the best ways to make a small fortune as an investor is to become an early supporter of a company, which is likely to take the world by storm. Just be sure not to invest any money, which you can’t afford to lose in a relatively new company, which has the potential to either achieve great success or go bankrupt.

4. Get into the habit of following financial blogs

One way to keep apprised of the latest stock exchange developments is to follow a variety of financial blogs. Just ensure to follow financial bloggers which are written by financial experts, instead of by relatively new investors, who may lack the experience to give sound financial advice.

Remember that the best way to achieve financial success is to follow the example of those who have already achieved the success which you strive for.

5. Find out as many statistics as you can, about each company you’re interested in investing in

Examples of some of the key statistics which you should look up include each company’s yearly revenue, net profit, and profit margin. All of which should be available online.

If you’re interested in investing some of your savings or disposable income into a business, which has a high chance of earning you a high return on your initial investment. After all, the primary aim of investing is to earn a high return on your chosen investment. Simply refer to this handy step by step guide, when it comes time to find the right company to invest in!

How can Investment Companies Help You?

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If you’re curious as to how a financial consultant from an investment company can help you, Gregory Lindae will tell you they can help you wisely invest your savings and disposable income, simply continue reading to find out how an investment company may be able to help you.

How can investment companies help you?

1. Investment companies can help you diversify your investment portfolio

One of the riskiest moves which you can make as an investor is to choose to invest the bulk of your allocated investment money into a couple of businesses. As if one or more of these businesses experience a severe drop in market price, you could stand to lose tens of thousands of dollars, in a single day.

One of the tasks which an investment company can help you with is safely diversifying your investment portfolio, so that if one of the businesses which you invest in crashes, you won’t lose all of the capital which you invested.

As an example, an investment company may advise you to invest in index funds which are funds which purchase shares in dozens or even hundreds of different businesses, which will significantly decrease your chances of making a huge loss. Even if you choose to invest in index funds, you can still choose to invest in purchasing shares from individual businesses such as Apple and Amazon too.

2. Investment companies will advise you when the best time to purchase and sell shares is

The key to succeeding as an investor is to know when the best time is to purchase shares and when the best time is to sell your shares, for the greatest possible profit. Contrary to popular belief just because a business experiences a dip in share price, doesn’t mean that it’s the right time to sell your shares as you may very well take a loss for prematurely your shares, right before they recover in price.

As knowing when to purchase and sell shares is an extremely difficult task, which some people struggle to master after investing in the stock market for a decade, it’s well worth getting a financial expert from an investment company to help you purchase and sell shares at the optimal time.

After all, there’s no point watching share prices 24/7, when your investment advisor can invest money on your behalf for you. Just be sure that you define a clear budget in advance so that your financial advisor doesn’t accidentally purchase more shares than you’re comfortable purchasing!

3. Investment companies may be able to recommend shares which may offer a high ROI

If you had invested $100 in Bitcoin in 2010, you’d now be a multi-millionaire, which proves that in order to make the highest possible return on your investment, it pays to be an early adopter of new companies and technologies.

If you’re looking for the next big opportunity to invest in a start-up company, which may become the next Amazon or Google, it’s well worth asking a financial advisor for their insight. As they might have the right company for you to invest in.

So if you’re looking to wisely invest your hard earned money, it’s well worth talking to a financial expert at a reputable investment company!

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