Online broker – Face OVL http://faceovl.com/ Wed, 25 May 2022 13:54:19 +0000 en-US hourly 1 https://wordpress.org/?v=5.9.3 https://faceovl.com/wp-content/uploads/2021/07/icon-2021-07-08T143259.742-150x150.png Online broker – Face OVL http://faceovl.com/ 32 32 PolicyAdvisor.com places over $2.5 billion in insurance coverage; named one of the fastest growing brokerages in Canada https://faceovl.com/policyadvisor-com-places-over-2-5-billion-in-insurance-coverage-named-one-of-the-fastest-growing-brokerages-in-canada/ Wed, 25 May 2022 12:00:00 +0000 https://faceovl.com/policyadvisor-com-places-over-2-5-billion-in-insurance-coverage-named-one-of-the-fastest-growing-brokerages-in-canada/ PolicyAdvisor.com places over $2.5 billion in insurance coverage; named one of the fastest growing brokerages in Canada Canada News Wire TORONTO, May 25, 2022 TORONTO, May 25, 2022 /CNW/ – PolicyAdvisor.coma leader in digital insurance brokerage, today announces that it has been named one of Insurance companies Canada Quick brokeragesan award rewarding its significant revenue […]]]>
PolicyAdvisor.com places over $2.5 billion in insurance coverage; named one of the fastest growing brokerages in Canada

Canada News Wire

TORONTO, May 25, 2022

TORONTO, May 25, 2022 /CNW/ – PolicyAdvisor.coma leader in digital insurance brokerage, today announces that it has been named one of Insurance companies Canada Quick brokeragesan award rewarding its significant revenue growth despite its relatively short presence in the market.

Success comes on top of PolicyAdvisor CEO, Jiten Purireceiving the 2021 Insurance Business Canada magazine award for Personal Insurance Advisor of the Year.

PolicyAdvisor has helped over 460,000 Canadian families meet their insurance needs.

“The industry recognition is a testament to our growth and the work we are doing to transform the insurance industry into Canada. The key to this success is simple: connecting Canadians with the coverage they need and demystifying the insurance buying process with our honest and transparent online tools. PolicyAdvisor uses its high-tech edge to stay customer-centric, industry recognition is the icing on the cake,” Puri said.

Today, PolicyAdvisor.com also announces that it has placed over $2.5 billion insurance coverage since their launch in 2019. The online brokerage has helped over 460,000 Canadian families meet their insurance needs and continues to grow exponentially, providing 2.5 times more coverage year-to-year. each other, despite consumer spending cuts.

PolicyAdvisor’s simple and accessible online platform makes this possible. Place a cover with from Canada the largest life insurance providers can be reached with just a few clicks through their easy-to-understand digital application portal. Canadians simply answer a few simple questions about their lifestyle and health and instantly receive coverage options that match their needs.

PolicyAdvisor.com has expanded into other insurance verticals, including whole life insurance, disability insurance and children’s insurance products. It now partners with more than 25 from Canada best insurance companies and will soon be introducing exciting new products to its market in partnership with the country’s leading providers. On average, PolicyAdvisor.com cites more than $2.5 billion in monthly coverage.

As insurers continue to report increased payments due to Covid-19 and rumors of premium rate changes swirl, PolicyAdvisor.com is committed to ensuring Canadians get the right amount of coverage to meet their financial goals, at the right price.

About PolicyAdvisor.com

Political Advisor is an innovative Canadian online insurance broker providing a digital solution to an archaic industry. With modern quote technology, intuitive design and real-world advisor expertise, PolicyAdvisor makes buying insurance simpler, more straightforward and stress-free.

SOURCE PolicyAdvisor

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What should you know before trading travel agency stocks? https://faceovl.com/what-should-you-know-before-trading-travel-agency-stocks/ Mon, 23 May 2022 16:56:50 +0000 https://faceovl.com/what-should-you-know-before-trading-travel-agency-stocks/ The digital revolution in financial trading has seen more people getting into investing than ever before. The latest online brokerage platforms make this very easy, and all you need is start-up capital, an internet connection, and a computer to get started. While companies in sectors like technology have always been popular with investors, travel is […]]]>

The digital revolution in financial trading has seen more people getting into investing than ever before. The latest online brokerage platforms make this very easy, and all you need is start-up capital, an internet connection, and a computer to get started. While companies in sectors like technology have always been popular with investors, travel is an industry that also has plenty of companies to invest in.

As a result, many investors are considering buying travel stocks to add to their portfolios. But what do you need to know before doing so?

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What should you know before buying shares in a travel agency?

Just as knowing the benefits companies derive from Twitter is vital for any CEO with a passion for social media, it is essential to know the overall shape of the travel industry before buying shares in a travel company. You need to have a complete picture of the state of the industry before parting with cash.

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For travel, the last few years have been difficult. The COVID-19 pandemic has ravaged the industry. This left a market that requires careful consideration before committing money to buying stocks. For those with a greater appetite for risk, buying shares in a company when the sector is weak could generate significant gains if it recovers as expected as pandemic restrictions are lifted.

The next thing to know is the financial form of the company you plan to invest in. This is vital as a business may be in a booming industry but not doing well itself. It is therefore crucial to consider factors such as current chart performance, earnings, forecasts and potential demand before investing.

Where to find the information you need?

The good news for investors is that this is easy in today’s internet-enabled world. Trading websites like AskTraders are perhaps the best example of this and contain advice on how to best travel stocks to buy and what makes it a good choice. AskTraders is also a great online resource for free trading advice in general and is full of helpful advice on what to look for when trading stocks in industries like this.

There are other sites to access that can provide real-time data on a travel agency’s finances. While Bloomberg is perhaps the most famous, others like Google Finance are worth exploring. If you also keep an eye on general financial sites for current travel industry news and the latest online price trend charts, it should be easy to find the data you need.

Travel actions require careful thought

As with any form of investment, investing in travel stocks should be carefully considered. For travel stocks, the industry’s relatively poor performance recently is something to be aware of, as is the potential for future earnings that buying could bring now. You should also take the time to dig into the financials of any travel company you’re considering buying stock in and check out its current chart performance; so, you need to be well informed to make the right call.

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What are they and are they right for you? https://faceovl.com/what-are-they-and-are-they-right-for-you/ Sat, 21 May 2022 13:32:03 +0000 https://faceovl.com/what-are-they-and-are-they-right-for-you/ Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners. Buying from big companies like Amazon and Google comes at a high cost. With a single […]]]>

Select’s editorial team works independently to review financial products and write articles that we think our readers will find useful. We earn commission from affiliate partners on many offers, but not all offers on Select are from affiliate partners.

Buying from big companies like Amazon and Google comes at a high cost. With a single stock price over $2,000 at the time of this writing, it might seem like investing in these companies is only for the wealthiest people.

The good news, however, is that you can still access those expensive stocks without having thousands of dollars. Many investment platforms nowadays offer the option of buying partial shares, which is also known as fractional stock investing.

In short, buying a fractional stock means that you are buying part of a single stock instead of a whole share of a company. Not only do fractional shares allow you access to big brands without committing to a full stake, but keeping those established brands for the long term can certainly pay off.

“Fractional stock investing is a trading feature that has brought Wall Street closer to Main Street,” said Kevin Driscoll, vice president of advisory services at Navy Federal Investment Services says Select. In other words, investors can buy stocks based on how much they want to spend: they can buy specific dollar amounts of stocks or exchange-traded funds (also known as EFTs) and the trading platform calculates then what combination of full and/or partial actions are needed to execute the trade, Driscoll explains.

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Are fractional shares right for you?

Although each individual’s financial situation is different, Driscoll suggests that fractional stock investing is generally good for everyone.

Fractional shares give those starting out on a budget access to the market, plus they allow you to invest a specific dollar amount on a regular basis and help you diversify your portfolio with a wider range of stocks or ETFs.

Charles Schwabfor example, allows investors to buy a fractional share of any stock listed in the S&P 500 through its Schwab Stock Slices™ program, allowing you to purchase a single slice (fractional share) or up to 30 slices (30 fractional shares) for as little as $5 per slice. Fractions of shares of Schwab are traded online without commission, like ordinary shares.

Charles Schwab

  • Minimum deposit and balance

    Deposit and minimum balance requirements may vary depending on the investment vehicle selected. No account minimum for active investing via Schwab One® Brokerage account. Automated investing with Schwab smart portfolios® requires a minimum deposit of $5,000

  • Costs

    Fees may vary depending on the investment vehicle selected. Schwab a® The brokerage account has no account fees, $0 commission fees for stock and ETF trades, $0 transaction fees for 4,000+ mutual funds, and $0.65 fees by option contract

  • Prime

  • Investment vehicles

    Robo-advisor: Schwab Smart Wallets® and Schwab Intelligent Portfolios Premium™ IRA: Charles Schwab Traditional, Roth, Rollover, Legacy and Custodial IRAs; plus, a Personal Choice Retirement Account® (ECRP) Brokerage and negotiation: Schwab a® Brokerage account, brokerage account + specialized platforms and support for trading, Schwab Global Account™ and Schwab Organization Account

  • Investment opportunities

    Stocks, bonds, mutual funds, CDs and ETFs

  • Educational resources

    Complete retirement planning tools

SoFi Invest® is another broker option that offers fractional shares with zero trading commission. Investors can start with just $5 and access over 4,000 stocks and ETFs.

SoFi Invest®

  • Minimum deposit and balance

    Deposit and minimum balance requirements may vary depending on the investment vehicle selected. No account minimum for active or automated investments, or to participate in IPOs. $5 minimum to own a fractional share of a company. $10 minimum to trade cryptos

  • Costs

    Fees may vary depending on the investment vehicle selected. Active investing has no commission fees for trading stocks and ETFs (stock exchange and fund management fees may apply). Automated investing has no management fees

  • Prime

    Download the SoFi app and get up to $1,000 when you open an active SoFi Invest® brokerage account. Make your first crypto trade of $10 or more and earn $10 in bitcoins. SoFi covers up to $75 of any transfer fees your brokerage may charge when you transfer an account to SoFi

  • Investment vehicles

  • Investment opportunities

    Stocks, bonds, ETFs, crypto, fractional shares and IPO participation

  • Educational resources

    Investors can create a personal watchlist that tracks their stocks to stay up to date and receive the latest investing news

What to pay attention to when buying fractional shares

The idea of ​​entering a hot stock like Amazon can be exciting, but, as always, investors should keep other factors in mind – their investment objectives, time horizon, risk tolerance and risk capacity – before buying fractional shares.

“First, identifying how much money to invest with personal goals in mind will allow everyone to diversify a $100 or $10,000 investment by buying family business names that are familiar to everyone,” explains Driscoll.

There is no limit to the number of fractional shares an investor can buy in different companies. Generally speaking, however, Driscoll says, “Investors should look at their portfolios based on the amount of money invested in each stock or ETF, not the number of stocks invested in different companies.”

If you are a fractional stock investor, focus on the amount of money invested in each company and the diversification of companies. The risk is not so much having more shares of one company than another company, but having too high a percentage of a portfolio invested in one company or market sector. Buying index funds and/or ETFs that track the broader market (i.e. the S&P 500) can help diversify your holdings and protect against risk – many big brokerage and investment apps allow you to buy fractional shares of these types of funds.

When choosing an investment platform for buying fractional shares, Driscoll recommends looking for one that doesn’t charge a fee for every trade you make. The trading costs or tax implications of the platforms can have a negative effect on overall returns when buying or selling partial shares, he explains.

And, as with any major investment decision or strategy, we recommend speaking with a financial advisor to guide you.

Check out Select’s in-depth coverage at personal finance, technology and tools, welfare and more, and follow us on Facebook, instagram and Twitter to stay up to date.

Editorial note: Any opinions, analyses, criticisms or recommendations expressed in this article are those of Select’s editorial staff only and have not been reviewed, endorsed or otherwise endorsed by any third party.

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Online Broker FlatexDegiro Goes Crypto With Boerse Stuttgart https://faceovl.com/online-broker-flatexdegiro-goes-crypto-with-boerse-stuttgart/ Fri, 20 May 2022 00:00:56 +0000 https://faceovl.com/online-broker-flatexdegiro-goes-crypto-with-boerse-stuttgart/ European broker FlatexDegiro is to provide clients in Germany and Austria with access to trading major cryptocurrencies through their flatex accounts by the end of Q3 2022. Customers will initially be able to trade bitcoin, ethereum, litecoin, ripple, bitcoin cash, chainlink and uniswap on Boerse Stutgart’s Bison retail platform, with access to more currencies and […]]]>

European broker FlatexDegiro is to provide clients in Germany and Austria with access to trading major cryptocurrencies through their flatex accounts by the end of Q3 2022.

Customers will initially be able to trade bitcoin, ethereum, litecoin, ripple, bitcoin cash, chainlink and uniswap on Boerse Stutgart’s Bison retail platform, with access to more currencies and other European markets to be added over time . Blocknox, a subsidiary of Boerse Stuttgart Group, handles custody of cryptocurrencies on an escrow basis, while Solarisbank handles Bison’s free euro accounts.

Frank Niehage, CEO of flatexDegiro comments: “Cryptocurrencies add a key element to our already very wide product range. With the Robo-Advisory offer planned for summer 2022 via our partner Whitebox, flatexDegiro will offer its customers the most comprehensive product range of all. European online brokers. For us, taking this step with such a renowned and trustworthy partner as Boerse Stuttgart Group was an indispensable requirement for the long-term protection of our clients, especially in such a young and volatile asset class as cryptocurrencies.”

The largest online retail broker in Europe, FlatexDegiro currently serves two million clients, for which it handled 91 million securities transactions in 2021. Over the next five years, the company has set itself the goal of reach up to eight million accounts and 350 million transactions per year.

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Keeping Finances Under Control: 30+ Tutorials from Veteran Realtors https://faceovl.com/keeping-finances-under-control-30-tutorials-from-veteran-realtors/ Wed, 18 May 2022 08:04:04 +0000 https://faceovl.com/keeping-finances-under-control-30-tutorials-from-veteran-realtors/ There are so many financial aspects of the business on all sides of the transaction, and yet one thing we hear over and over again is that there is not enough education on the subject. So we’ve rounded up some sage advice from contributors to guide you through areas that might be new, shelved, or […]]]>

There are so many financial aspects of the business on all sides of the transaction, and yet one thing we hear over and over again is that there is not enough education on the subject. So we’ve rounded up some sage advice from contributors to guide you through areas that might be new, shelved, or long forgotten.

Tips for new agents

9 financial tips for new (and not-so-new) agents

Here are some financial tips and techniques that can help you earn more, save more, and prepare for your eventual retirement.

A New Realtor’s Guide to Financial Planning: Year 1

If you’re a brand new agent, you need to keep an eye on the bottom line while effectively promoting your business. Here are the expert tips for keeping your budget on track and growing your business.

PLAN: A one-year marketing calendar for brand new agents

As a beginner with little experience, putting together a solid marketing plan can seem like an impossible task. Here’s a month-by-month breakdown to get you through your first year in real estate.

5 smart financial and lead generation moves for brand new agents

Getting into the real estate business presents its own unique challenges. Taking the time to review your finances and your lead generation activities will set you up for long-term success.

make bank

All about how agents make money in 2022

Sales commissions are still the norm in real estate, but the industry is also in the midst of rapid change when it comes to agent compensation.

Repeat customers on the lock! How This Agent Achieved 99.7% Retention Rate

If you’re looking for consistent business growth, be sure to put time and effort into people who already know, like, and trust you, says Jimmy Burgess. These relationships are the seeds of future growth.

Your success is based on these 3 figures: do you know them?

The numbers don’t lie. If you want to grow in real estate, you need to evaluate and focus on the good ones. Here are some questions you can ask yourself to understand where your business is coming from and how to move it forward.

Get More Listings: 7 Steps to Finding, Analyzing and Dominating a Real Estate Farm

Do you want more registrations in the coming year? In this guide to building a geographic real estate farm, Jimmy Burgess explains how to choose the right location, manage the numbers, create a marketing budget, and plan to deliver value to those prospects from the get-go. Follow these fundamentals and you will dominate your farm.

Video Will Dominate Online Search: How to Win on Google

In 2022, it is predicted that 82% of online searches will be videos. You know you should be creating more video content to reach those potential customers, but where do you start? Jimmy Burgess explains how to identify content your future customers will love, create videos that will grab their attention, and post them for maximum exposure.

Want to earn more commission? How to Increase the Average Selling Price of a Home

There are two ways to increase your income: sell more homes or increase your average sale price, says Jimmy Burgess. Here is his strategic approach to increasing your averages.

Budgeting

Don’t let inflation break your budget! Correct your expenses now

Between inflation and fewer transactions expected this year, you may be worried about your finances. The good news is that when you start looking at your expenses, you’ll likely find that there are plenty of places where you can cut your costs enough to offset some of the higher prices you’re seeing.

‘Million Dollar Listing LA’ Features 5 Expenses to Budget for Immediately

As independent contractors, real estate agents need to control their expenses. Here are some money-saving tips for beginners from “Million Dollar Listing LA” stars James Harris and David Parnes.

14 great tips for agents looking to save money in their business

From resisting shiny objects (so to speak) to tapping into local intern pools, here’s how industry experts say agents can save their pennies in an ever-changing market.

On a penny: start your business with these 8 simple strategies

While sales shouldn’t bottom out, it doesn’t hurt to reconfigure the budget to build a more robust nest egg that will help you expertly navigate whatever the market has to offer. If you’re new, or need a little cash, here’s how to host a (nice) open house, host a customer appreciation event, stage that list, and more on a budget.

Financial health

5 financial podcasts you may have missed

You may have listened Ramsey, rich dadand susie but if you need to bring your financial education into the 2020s, here are five podcasts that are fresh, practical, filled with current economic advice and brimming with new insights that will open your mind and your wallet to new possibilities.

7 steps to recession proof your business

Whether you are a Sole Agent or a Broker-Owner, your response to the COVID-19 shutdown right now will have ramifications for months and years to come. Here are seven things you need to do right now to take charge of your finances and prepare for what’s next.

4 hidden expenses you should review today

As an agent, it’s essential that you dig deep into your finances and look at every little thing you spend money on. This includes your biggest expense – your broker’s allocation.

Dollars and Sense: 3 rules to keep your financial health under control

Welcome to our new recurring feature on all things finance for agents and brokers. In this inaugural column, Warburg Realty Broker Bill Kowalczuk explains how to prepare yourself financially for a strong career.

10 Apps to Control Your Finances at a Glance

Mobile apps can be a game-changer by making your business finances streamlined, organized, and even a little fun. Million Dollar Listing LA Stars James Harris and David Parnes share their favorite apps for managing your personal and business finances.

12 steps to thriving through a market shift

As the market evolves, the question becomes: what are you going to do to ensure that your business continues to grow? Here, Jimmy Burgess will walk you through his 12-step plan for thriving through a market transition.

Financial planning

Is it a radiation? Find out which of these 14 expenses agents can deduct at tax time

A quick reference guide to common realtor expenses to help you determine if they are tax deductible or not.

5 tax planning steps for savvy real estate agents

If you’ve had a banner year in your real estate business, you need to make sure you have a financial plan in place. CFP Jordan Curnutt offers some key tax planning strategies to consider.

7 Ways to Thrive (Not Just Survive) in a Changing Market

No matter what the market does, there are always agents who have growing businesses. Jimmy Burgess shares seven steps you can take in this changing market to ensure you thrive.

Master your money: 6 steps to achieve longevity

Mastering money is a skill set that all business owners can and should learn to ensure the long-term success and longevity of their business. According to CEO Chris Pollinger, this is at the heart of creating a true real estate legacy.

Is it a radiation? 14 Expenses Agents Can — and Can’t — Deduct at Tax Time

A quick reference guide to common realtor expenses to help you determine if they are tax deductible or not.

Invest

7 tax-efficient accounts every real estate agent should consider

You have a myriad of options to save for your future financial success. Certified Financial Planner Jordan Curnutt tells you how to maximize the potential of your investments.

Pension plan agents ignore (and how brokers can help)

Because of their superior understanding and experience of market trends, real estate agents offer agents a retirement investment that allows them to benefit from their own expertise, with minimal risk, says broker-owner Anthony Askowitz.

How to Recession-Protect Your Investment Portfolio with Leasing

Recessions can be trying for real estate investors. But several factors make renting a wise investment in these uncertain times.

How to sustain your real estate business in 2022

The real estate market changes all the time, and you have to change with it. Michael Zaransky of MZ Capital Partners offers strategies to meet the challenges of tomorrow.

5 Key Points for Inman Connect Real Estate Investors

From the steps to success to how to deal with changes in the housing market, Inman Connect speakers shared their secrets.

You’re an agent who wants to be an investor: 4 ways to get in the game

Some of the most successful agents practice what they preach by investing in real estate. Inman Connect Las Vegas speakers shared four key tips on how agents can get started.

Is this this one? 4 Factors to Consider When Buying an Investment Property

No two investment properties are the same. Repair history, market conditions and the area’s long-term growth potential – as well as your own risk preferences – are all factors that determine whether a property is suitable for your portfolio. Here’s what to consider.

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Online brokerage REX sues Zillow and NAR – NMP https://faceovl.com/online-brokerage-rex-sues-zillow-and-nar-nmp/ Mon, 16 May 2022 16:06:49 +0000 https://faceovl.com/online-brokerage-rex-sues-zillow-and-nar-nmp/ The legal battle between REX Home Loans (Real Estate Exchange, Inc.), an online brokerage firm, and the National Association of Realtors (NAR) continues to escalate even after REX’s closure, according to multiple media outlets. In March 2021, REX filed an antitrust lawsuit against NAR, Zillow, and Trulia, asking federal court to force Zillow and its […]]]>

The legal battle between REX Home Loans (Real Estate Exchange, Inc.), an online brokerage firm, and the National Association of Realtors (NAR) continues to escalate even after REX’s closure, according to multiple media outlets.

In March 2021, REX filed an antitrust lawsuit against NAR, Zillow, and Trulia, asking federal court to force Zillow and its subsidiary Trulia to stop separating homes for sale into two groups. The two groups are those listed by brokers that belong to NAR and those listed by others. However, contractual restrictions force Zillow to separate the listings.

Earlier this year, NAR counter-sued REX, claiming the company made false and misleading advertisements and statements about its services to mislead consumers. The courts, however, dismissed NAR’s counterclaim. In Judge Thomas S. Zilly’s decision, he states that NAR did not allege facts to show how its reputation was specifically and concretely harmed by REX’s allegedly false statements. Zilly shot down several attempts by NAR and Zillow to have the original lawsuit dismissed.

In May 2022, REX filed an answer brief against Zillow and NAR regarding the real estate segregation rule. The brief alleges that Zillow and NAR agreed to separate the listings of large brokers and other members of the association from the listings of technology competitors like REX.

This brief filing comes after REX filed a motion for an injunction restraining Zillow from continuing to separate the listings. Previously, Zillow’s web view aggregated all homes for sale on one web view. The segregation rule was imposed by NAR for the benefit of its former physical member companies. Zillow agreed to follow the segregation rule when the company announced it would become a real estate broker, joining NAR and other broker associations.

After Zillow decided to lock arms with other legacy brokers, its site now places homes listed by Innovators under an “Other Listings” tab, which some consumers refer to as the “Hidden” tab. ZIllow’s new display forces consumers to search for a separate tab to access homes with lower commissions.

“The segregation rule has no place in real estate,” said REX CEO Jack Ryan. “REX is committed to making all ads accessible to all consumers through digital technology and an honest approach to every customer. Zillow and NAR now admit that the segregation rule has no benefit for consumers. REX supports his words of actions. We will always stand together with consumers and deliver the best real estate experience through technology and talent, not by dividing homes and coercing consumers. If Zillow and NAR are unwilling to end the rule of segregation, the court should immediately put an end to this indefensible rule.

REX alleges in the lawsuit and brief filing that the segregation rule was put in place to protect the “shockingly high” commissions brokers collect on homes sold through the traditional mortgage process. Typically, consumers pay 5-6% of the home price in commissions when purchasing homes sold through the traditional process. REX says it leverages digital technology and predictive analytics to reduce commissions to 2% to 2.5%, saving consumers millions of dollars.

The segregation rule bans REX to a hidden tab, so consumers are mostly exposed to ‘extremely expensive’ and ‘outdated’ traditional models that charge homeowners over $40,000 to sell a median-priced home in the area of Seattle, according to REX.

Although REX Home Loans may have ceased operations, the company has retained the services of a high-level attorney to carry them through the litigation process: David Boies, who previously represented Al Gore, Harvey Weinstein and several accusers against Jeffrey Epstein. According to a court filing, Boies asked the court to represent REX in this case.

Highlights of the REX case include:

  • Neither NAR nor Zillow suggests that the segregation rule provides any benefit to the consumer. Zillow admits that ending the rule would improve the consumer experience. This alone establishes continuing harm to consumers and warrants a preliminary injunction.
  • Zillow can’t shirk responsibility by registering his distaste for the segregation rule. As the United States Supreme Court has long held, agreeing to an illegal scheme is as much a violation of federal antitrust law as creating and promoting such a scheme.
  • Zillow’s continued segregation confuses customers who will rarely find homes listed on the separate tab and are pressured into transacting with legacy brokers, many of whom charge 5% to 6% of the home’s value in fees and hidden commissions.
  • The preliminary injunction that REX seeks, if granted, would minimize damages to REX during the pendency of this lawsuit and improve Zillow’s website.
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Top brokers name 3 ASX stocks to buy next week May 15, 2022 https://faceovl.com/top-brokers-name-3-asx-stocks-to-buy-next-week-may-15-2022/ Sun, 15 May 2022 00:45:00 +0000 https://faceovl.com/top-brokers-name-3-asx-stocks-to-buy-next-week-may-15-2022/ Image source: Getty Images Last week, a number of broker notes hit the wires again. Three buy ratings that investors might want to know are summarized below. Here’s why brokers think investors should buy them next week: According to a note from UBS, its analysts kept their buy rating and $35.90 price target on shares […]]]>

Image source: Getty Images

Last week, a number of broker notes hit the wires again. Three buy ratings that investors might want to know are summarized below.

Here’s why brokers think investors should buy them next week:

According to a note from UBS, its analysts kept their buy rating and $35.90 price target on shares of the student placement and language testing company. This follows news that its CEO, Andrew Barkla, will step down in the coming months. While UBS acknowledges the news as negative, it remains very positive on the company’s outlook and considers it one of the best growth stocks in the Australian equity market. IDP’s stock price ended the week at $23.17.

A note from Goldman Sachs reveals that its analysts have maintained their buy rating and price target of $6.90 on shares of this online travel agent. Ahead of Webjet’s earnings release next week, the broker reiterated its buy rating. He believes the outlook for the business is very positive thanks to the growth of the online channel, its Bedbanks business and its strong balance sheet. The latter gives it the possibility of making targeted acquisitions. Webjet’s stock price reached $5.47 at Friday’s close.

Another note from Goldman Sachs reveals that its analysts kept their buy rating but cut their price target on the cloud accounting platform provider’s stock to $118.00. This follows the release of an annual result that was slightly lower than revenue and subscribers. Despite this, Goldman remains positive and continues to forecast strong growth over the next few years and sees value in its stocks after recent weakness. Xero stock price ended the week at $84.16.

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Do you need a lot of money to start investing? https://faceovl.com/do-you-need-a-lot-of-money-to-start-investing/ Wed, 11 May 2022 13:00:35 +0000 https://faceovl.com/do-you-need-a-lot-of-money-to-start-investing/ Image source: Getty Images You might be surprised to find that you don’t have to be rich to be a successful investor. Key points You don’t have to be rich to invest money. Brokerage firms have taken steps to democratize investment processing. Fractions of shares also allow you to buy many assets without having a […]]]>

Image source: Getty Images

You might be surprised to find that you don’t have to be rich to be a successful investor.


Key points

  • You don’t have to be rich to invest money.
  • Brokerage firms have taken steps to democratize investment processing.
  • Fractions of shares also allow you to buy many assets without having a fortune.

Investing money is a great way to increase your net worth. When you invest, your money can actually help you build wealth. The funds you have already invested will pay off. And when these are reinvested, you effortlessly earn more in the future.

Unfortunately, many people don’t invest largely because they think they already need a lot of money to do so. But is it really true that you need a lot of money to invest? The good news is that there are three reasons why this is no longer the case and why it is now possible to start making your money work even if you only have a few dollars.

Most brokerages no longer have minimum balance requirements

In the past, you often needed at least a few hundred dollars to meet brokerage companies’ minimum balance requirements. Depending on the broker, you may have had to make a minimum initial deposit of a certain size to open the account. Or you may have been charged a monthly fee if your account balance was too low.

This is no longer the case. Virtually all online brokers have eliminated any investment requirement of a certain minimum amount. Therefore, if you only have a few dollars now, you can start investing.

Commissions have been removed

Commissions were also very common just a few years ago. Brokers basically charged you fees both when you bought assets and when you sold them.

If you had to pay $7 or $10 or some other amount every time you buy or sell a stock or an ETF, it wouldn’t make sense to invest without having a lot of money. If your investment was too small, commission fees would eat up most of the amount you had to buy the asset and make it nearly impossible to make a profit.

However, commissions have been eliminated by most brokers. Since you no longer pay fees, there is no downside to investing just $5, $10, or $20.

Fractions of shares may be available

Finally, there was another big change that made it possible to invest even if you have very little money. It is now common for brokers to allow you to buy fractional shares.

Traditionally, you would be forced to buy a full stock if you wanted to invest. This meant that if you had very little money to invest in the market, you would have a limited choice of investments you could make. This is no longer the case. With fractional shares, if you want to invest in a company that is priced at $100 per share but you only have $10, you can buy 1/10 of a share.

Fractional shares, combined with the elimination of commissions and minimum balance requirements, have made investing without a lot of money a smart financial choice. If you have even a little money to spend, you can start buying assets that will help you build wealth. Over time, your small investments can add up and have a big impact on your net worth.

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Five Important Facts About Online Forex Trading in New Zealand https://faceovl.com/five-important-facts-about-online-forex-trading-in-new-zealand/ Thu, 05 May 2022 21:36:26 +0000 https://faceovl.com/five-important-facts-about-online-forex-trading-in-new-zealand/ Content provided. Forex Trading is regulated in New Zealand by the Financial Markets Authority, and you can trade through FMA regulated forex and CFD brokers. Forex Trading involves buying one currency by selling another, from your trading account, and waiting for the exchange rate to appreciate, then you sell. This is done in the form […]]]>

Content provided.

Forex Trading is regulated in New Zealand by the Financial Markets Authority, and you can trade through FMA regulated forex and CFD brokers.

Forex Trading involves buying one currency by selling another, from your trading account, and waiting for the exchange rate to appreciate, then you sell.

This is done in the form of contracts such as the contract for difference (CFD) which allows you to benefit from changes in the currency’s exchange rate, without actually owning the currency.

However, once you enter the forex market as a retail trader, the risks are the same no matter what part of the globe you are in. Almost 80-90% of retail forex traders lose money. For every dollar you make, someone somewhere lost a dollar.

Market risk and counterparty risk are all too real in the forex market and hence adequate knowledge is required before venturing into trading.

Here are some important facts about forex trading in New Zealand that you should know before deciding to invest your money in forex trading.

1. Forex brokers must be licensed by FMA

The Financial Markets Authority (FMA) regulates online forex trading in New Zealand. They emit licenses to provide derivative products to forex brokers.

Each license they issue carries a unique Financial Services Provider (FSP) number, which identifies the broker. For example, CMC Markets NZ has an FSP number of 41187.

You should ensure that your forex broker is licensed by the FMA to supply derivatives to the public as a ‘derivatives issuer’ and not any other service.

This is important because when most people see an entity with an FSP number, they instantly assume that person is licensed to be a forex broker. This is not always true as that person might be licensed to provide other services and might be acting outside of their license permit.

To confirm if a broker has a genuine license, get their FSP number from the regulatory corner of their website and follow these steps:

When dealing with an FMA-regulated broker, you can rest assured that your broker is held accountable, as there are heavy penalties for brokers who act fraudulently.

According to Forex Beginner New ZealandAlthough some brokers are licensed by regulators in other countries, it is important to only register with those licensed by the FMA in New Zealand for the safety of your funds and transparency.

“There are several overseas CFD brokers that accept New Zealand clients, but these brokers are high risk if they are not licensed in New Zealand, and clients should not deposit funds with these brokers for safety funds.” warns Rahul of Forex Beginner.

“Clients should also check the ‘license category’ and ‘license status’ on the FMA website for licensed entities to ensure that the broker is authorized to offer the services they claim to be. authorized to offer.”

2. Trading CFD forex contracts involves the use of leverage

Leveraged trading means that you take out a loan from your broker to trade with. Your broker offers leverage to trade derivatives like contract for difference (CFD).

Leverage is expressed as a ratio and forex brokers in New Zealand can offer leverage as high as 1:500 to traders. This means that with $1 of your trading capital, you can trade currencies worth $500.

You need to be careful when using leverage, as it could compound your losses if the market moves against you.

Example 1

You believe the USD will strengthen against the NZD, so you intend to buy CFD contracts for 100,000 NZD/USD units at an exchange rate of 0.6616, to take advantage of this rise without owning actually the currency pair.

You need a total of $66,160 to make this purchase, so your broker allows you 1:500 leverage.

However, you must put down an initial security deposit, to show your good faith while your broker lends you the difference.

This initial margin is calculated as 1/500 x $66,160 = $132.32

So with $132.32 you can trade currency pairs worth $66,160 and that’s leverage!

Now suppose you got your prediction wrong and USD/NZD falls to 0.6602, you lose 0.6616 – 0.6602 = 0.0014 or 14 pips

Your loss translates to 0.0014 x 100,000, or $140

You have lost 105% of your initial investment of $132.32, and remember that you still have to repay the loan with your broker.

If you had gone for a modest leverage of 1:20, your initial margin would now be $3,308 (or 1/20 x $66,160) and the loss of $132.32 would have been only 4% of your initial investment of $3,308.

Leverage increases your losses, so as a trader you should avoid excessive leverage.

3. You pay income tax

The New Zealand government levies a Residents Withholding Tax (RWT) on all residents who derive income from employment or investments. The tax rate depends on your annual income. See the table below:

  • Total income before tax for the year

    Your RWT rate is

    $14,000 or less

    10.5%

    $14,001 – $48,000

    17.5%

    $48,001 to $70,000

    30%

    $70,001 – $180,000

    33%

    Over $180,000

    39%

As shown in the table above, if you earn less than $14,000 per year from your forex trading, you will be taxed at a withholding rate of 10.5% and so on.

4. Stop Loss orders are essential, but they don’t always work

This is not to discourage you from using stop loss orders, but you should understand that they may not work well during high market volatility.

A stop loss order automatically stops you out of your open position, when the exchange rate of a currency pair crosses the stop price you set.

It then executes a market order to sell your currency (or buy currency as the case may be) at the next available price to limit your losses.

Stop loss orders do not prevent losses but they limit losses.

However, during periods when the market is unstable, and sometimes during weekends when the market is closed, prices can “spread out” or exceed your stop price. This causes you to close your trading position at a lower price than you had envisioned.

Example 2

Imagine you spend $66,160 to buy 100,000 units of NZD/USD, as a CFD contract at an exchange rate of 0.6616 and place your stop loss order at 0.6615 (which is the price stop).

You agreed to take a loss of 0.6616 – 0.6615 = 0.0001 or 1 pip if the market moves against you.

By placing your stop loss at 0.6615, your acceptable loss is $10.

In periods of high volatility, the exchange rate can jump from 0.6616 to 0.6611 without going through 0.6615, this is called gapping.

The stop loss order will now be triggered at 0.6611 instead of your stop price of 0.6615.

The difference is now 0.6615 – 0.6611 = 0.0005 or 5pips

Your loss is now $50.

The point here is that you planned to take a loss of $10, but ended up taking a higher loss of $50 because your stop loss order was executed at 0.6611 instead of the 0.6615 that you defined.

5. You need lots of extra cash on hold

Exchange rates may move against your trading position.

Political events, conflicts, bad news in the media, among other factors, can cause a currency to lose value very quickly.

As seen in example 1 above, when you borrow money to buy currencies, you must make a good faith deposit called initial margin.

As you continue to trade you may incur losses and once these losses begin to consume your initial margin deposit, your broker will promptly send you a “margin call”.

A margin call occurs when your broker asks you to deposit more money into your margin account, to bring your initial margin back to the required level. It’s not always a phone call; it can be an SMS or an e-mail.

If you cannot find the necessary money, your broker will close all your open trades to prevent your account from going negative. When this happens, you bear the losses.

That’s why you need to have extra cash on standby.

You also need to keep money for fees such as brokerage commission, overnight swap fee, idle fee, guaranteed stop loss fee, spread, etc. You can compare forex brokers to see which ones offer fees that suit you.

Don’t get caught by the Unconscious

Before trading forex, you should read and add knowledge as it can be very technical. You also need to understand the risks so you know what to expect.

Stop loss orders should be used to limit losses, but when the markets are very volatile, you can use guaranteed stop loss orders (GSLOs).

GSLOs ensure that your stop loss order is filled at your specified stop price, but your broker may charge you a fee to use them.

You should also avoid using too much leverage as this could increase your losses and cause you to lose money faster than you think. Avoid forex scams that offer you “no-loss trading” and guaranteed returns, because nothing is guaranteed in the forex industry.

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Data broker sells location data of people who visit abortion clinics https://faceovl.com/data-broker-sells-location-data-of-people-who-visit-abortion-clinics/ Tue, 03 May 2022 18:35:19 +0000 https://faceovl.com/data-broker-sells-location-data-of-people-who-visit-abortion-clinics/ Image: The Washington Post/Contributor Piracy. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reports on the dark underbelly of the internet. A location data firm sells information about visits to clinics that offer abortions, including Planned Parenthood facilities, showing where groups of people visiting the venues came from, how long they stayed there, and where they […]]]>
Planned parenthood

Image: The Washington Post/Contributor

Piracy. Disinformation. Surveillance. CYBER is Motherboard’s podcast and reports on the dark underbelly of the internet.

A location data firm sells information about visits to clinics that offer abortions, including Planned Parenthood facilities, showing where groups of people visiting the venues came from, how long they stayed there, and where they then went, according to data sets purchased by the motherboard.

The sale of data is obviously more important in the context of leaked Supreme Court draft opinion in which Judge Alito indicated that the court is ready to reverse the decision in Roe vs. Wade, the decades-old precedent that provided federal protections for those seeking abortions. If this project were to become a formal decision, it would immediately prohibit, totally or partially, the right to abortion in at least 13 states.

How data collection intersects with abortion rights, or lack thereof, is expected to attract more attention as a result of the project. The country could also see an increase in vigilante activities or forms of surveillance and harassment against those who request or provide abortions. With this aggregate location data available to everyone in the open market, customers could also include anti-abortion vigilantes. Anti-abortion groups are already quite adept at using new technologies to achieve their goals. In 2016, an advertising CEO who worked with anti-abortion and Christian groups sent targeted ads to women sitting in Planned Parenthood clinics in an attempt to change their decision to have an abortion. The sale of location data raises questions about why companies sell data based on abortion clinics in particular, and whether they should introduce more safeguards around buying or even selling this information. .

“It’s damn dangerous to have abortion clinics and have someone buy the census leads where people come from to visit that abortion clinic,” said Zach Edwards, a cybersecurity researcher who closely follows the data sale market, to Motherboard in an online chat after reviewing the data. “That’s how you dox someone who crosses state lines for abortions — how you dox the clinics providing that service.”

Do you work in the location data industry or how do you know the data is being used? We would love to hear from you. Using a non-work phone or computer, you can contact Joseph Cox securely on Signal on +44 20 8133 5190, Wickr on josephcox, OTR chat on jfcox@jabber.ccc.de or email an email to joseph.cox@vice.com.

Following a near-total ban on abortion in Texas, for example, people in Texas seeking abortions have increasingly had to travel to other states where access to abortion is easier to get the care they need. With deer about to fall, people seeking abortions who live in conservative states and can afford it are likely to start traveling for abortions. Location data could play a role in who and how that trip is identified, making it even more urgent for regulators and lawmakers to examine how location data is collected, used and sold.

The company selling the data is SafeGraph. SafeGraph ultimately obtains location data from regular apps installed on people’s phones. Often, app developers install code, called software development kits (SDKs), into their apps that sends users’ location data to companies in exchange for payment from the developer. Sometimes app users are unaware that their phone, whether through a prayer app or a weather app, collects and sends location data to third parties, not to mention some of the most dangerous use cases. reported by Motherboard, including the transfer of data to US military contractors. Planned Parenthood is not the organization that collects the data or benefits financially from it.

SafeGraph then repackages this location data and other data into various products. Tuesday Motherboard reported CDC purchased $420,000 worth of SafeGraph data for a long list of COVID-19 and non-COVID-19 use cases. Google banned SafeGraph from the Google Play Store in June.

SafeGraph classifies “Planned Parenthood” as a “brand” that can be tracked, and data purchased by Motherboard includes more than 600 Planned Parenthood locations in the United States. The data included a week of location data for these locations in mid-April. SafeGraph calls the location data product “Patterns”. In total, the data costs just over $160. Not all Planned Parenthood sites offer abortion services. But Motherboard has verified that some facilities included in the purchased dataset do.

Motherboard also searched the SafeGraph website for “Family Planning,” which returned a relevant result of “Family Planning Centers” that people could then purchase related data from.

Patterns data from SafeGraph aims to answer questions such as “how often people visit, how long they stay, where they come from, where they go to, etc.” according to the SafeGraph website. SafeGraph calculates where it believes visitors to a location live at the census block level. SafeGraph does this by analyzing where a phone is typically located overnight, company documentation suggests.

SafeGraph data is aggregated, which means it does not explicitly specify where a certain device has been moved. Instead, it focuses on the movements of groups of devices. But researchers have repeatedly alerted to the possibilities of unmasking individuals contained in purportedly anonymized datasets.

The sections of the SafeGraph dataset purchased by the motherboard manage a very small number of devices per record, which theoretically makes it easier to de-anonymize these people. Some only had four or five devices visiting that location, with SafeGraph filtering the data based on whether the person was also using an Android or iOS device.

On data showing where people went to a certain clinic based on their census block, potentially across state lines, Edwards said, “SafeGraph is going to be the weapon of choice for anti-radicals. -choices that attempt to target “out-of-state clinics” providing medical care. Missouri is considering legislation to making it illegal to “aid or abet” abortions in other states.

Tracking visitors to abortion clinics has long been an essential part of showing the threat posed by location data. In a 2018 survey, The New York Times took location data and tracked several people inside, and unmasked some of them. One of those tracked visited a Planned Parenthood facility, according to the report.

Recently, a Christian-focused media outlet, The Pillar, published an article that used location data to track the movements of a specific priest and then publicly outed him as potentially gay without his consent.

Planned Parenthood did not respond to a request for comment. SafeGraph also did not respond to a request for comment, which included the specific question of whether the company would continue to sell location data related to abortion clinics.

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