Investment | Viva Business

Why You Should Join and Save in a SACCO

05/20/201811/08/2019 by Shanda Laporte

Financial needs are here with us each and every day, and you cannot avoid them completely. Sometimes you need money, and you need it urgently, but not even your bank can lend you. You visit the bank, and all they tell you is the request cannot be granted at the moment. Feeling heartbroken, yes, but worry less. SACCOs are here to be your savior in your financial needs.

Saccos have become an option for people who are struggling to get money to push their projects. For instance, if you are a business person and you want money to run the business, the Sacco will be an ideal lender. On the other hand, in case you are employed on contract, a Sacco will be much ready to lend you money as compared to a bank. Joining and saving in a Sacco will benefit you in many ways as highlighted in the article.

You Will Save For Retirement

If you are thinking of saving, but you don’t have an idea yet on where and how to save, now you know, consider saving in a Sacco. You should consider saving your retirement money in a Sacco as compared to banks. This is because Saccos can give higher percentages of dividends annually. When you save more, this will translate to more earnings per year when you receive your dividends.

You Can Acquire Housing

Investing in a Sacco will benefit you because you can easily find a property to purchase. This is because some Saccos decide to invest in land. That means, the Sacco will buy a piece of land and then later their clients can purchase the land. The Saccos can also buy the land and build houses which customers can buy. You will buy the property and repay at a lower interest.

You Will Make Savings

One of the greatest advantages of joining a Sacco is that you will be able to save. Once you join the Sacco, you will be required to contribute money which will be geared towards your savings. Saving when you don’t have a goal is pretty hard. But once you have a commitment towards the Sacco, you will be able to save successfully. The Sacco will have you commit to a particular saving plan until the time you find something constructive to do with the money.

Access to Loans

When you compare Sacco’s to other financials, Saccos are …

Investments in the Financial Markets

06/13/201511/08/2019 by Shanda Laporte

If you are considering investing to make your assets grow in the financial markets, there are so many different methods to do it. However, before you start, you must first educate yourself as to the available options that you can choose.

The most common place to invest would be in the stock market. This would involve buying the shares in companies that are publicly traded on the stock exchanges. However, you cannot do this directly. You will need to employ the services of a reputed stock brokerage firm.

Stock brokerage firms are the companies that help countless individuals trade shares and commodities on the financial markets. They are professionals who have been involved with investments and trading for many people who trade on the markets daily.

There are many choices you can select from when you decide to invest. They are as follows:
1. Stocks and Share
2. Commodities like Gold, Silver, Oil and others
3. Funds
4. Binary options

Whichever area you wish to start in you will need the assistance of a good broker. With the advancement of technology, there are many online brokerage and trading platforms that have come into existence. No one should aimlessly venture into investing int he financial markets. Just as there are many advantages and profits to be made the risk and loss one could sustain are also very much present.

Having a professional broker to guide you through the process can benefit you in many ways. They have the knowledge and experience to help you put your money where it can give you the best return.

When you look for a broker, search for one, that has been in the business for a while. You can ask your friends and family if they know a good stock broker and how they have performed for them. You can also contact your companies accountant or financial controller as these individuals in most cases invest in the stock market and will be able to point you in the right direction.

When you find a suitable broker inform him or your goals. It does not matter if you want the short term quick return or long-term stable returns both can be achieved by a smart broker. Based on your needs he can formulate an investment strategy that will suit your needs.…

How to Learn About The Stock Market

05/20/201511/08/2019 by Shanda Laporte

If you understand ways to evaluate stocks properly, you can end up being devoid of debt and independently rich as well as earn money while traveling to any part of the world.

The more effective trades you total, the much faster your stock portfolio’s worth will grow, leaving you a great deal of additional time on your hands for recreation. This is why newcomers to the stock exchange are constantly on the lookout for info they can make use of to enhance their stock exchange education.

Evaluating

Evaluating is the most important body of knowledge concerning stock exchange education. Fortunately, assessing the marketplace is relatively straightforward as every transaction and stock history is tape-recorded. By looking at a stock’s history, you can find out how well a stock has performed and the market conditions of that time. By taking that stock exchange education and finding out from common denominators and patterns, you can use them in your trading ventures. There are two kinds of stock analysis the basic and technical.

Fundamental Analysis

Fundamental evaluation handles the kinds of stocks you choose to purchase and sell. It mainly involves the business behind the stock also to their quarterly reports. To grow upon your stock exchange education in terms of fundamental analysis. You need to review thoroughly a company’s earnings margins, sales growth, revenues, running profits, product pipelines, quality of management, debt/equity ratios, and competitive position. This is what will certainly tell you how the company carries out and, therefore, how their stock will perform.

Technical Analysis

Then there is the technical aspect of evaluation and how it can enhance your stock exchange education. This deals with how strong the industry of the business holding the stock is also to who is currently acquiring the company’s stock. The cost per stock, its stock chart, and how it carries out in contrast to direct competition and the overall market.…