Welcome to the Blog of Teresa Duncan, Owner of Odyssey Management. Inc.

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It is important that you understand what you are getting into!

It is important that you understand what you are getting into!

 

This is my story:

For a long time, I struggled in life to make my ends meet because I believe in Karma. If you thought that was philosophical and I must check myself there, I want to reiterate that it was only because of karma that I suffered so long with hardly any money on myself almost threatened into homelessness.

You see when I was in college majoring in finance, I came across a lot of people at the hostel where I was put up for the graduation doing petty financial transactions on trading software. I would make fun of these boys and tell them to either bury their heads in their books or just take up a part-time job at the department store or a gas station.

What I did not know was online trading would become one of the most lucrative of all professions in the time to come:

So, while I slogged at the books and later at the gas station until late evenings, my friends would huddle up in their rooms and make a bit of money. Of course, it would be small money but they were making it nevertheless without staining themselves and working their bottoms out!

I tried my hand at trading only when I did not find a full-time job:

I was scammed repeatedly and I was almost going to give up on it when I hit upon this software called the Ethereum Code. This one is trading software for cryptocurrencies alone. I had no idea about trading in cryptocurrencies and I was almost skeptical about investing another chunk of my already depleting money resource.

But this time, something kept telling me that this was the right break that I was looking for. So in spite of little voices in my head, I went ahead and opened a trading account with them.

I couldn’t believe my eyes the next morning:

I had no option but to set the account settings to autopilot because I had no idea how cryptocurrencies worked. But the next morning, I found that my trading balance was exactly double! I rubbed my eyes to see if it was real or a dream. It was indeed a lot of money to make in one night!

It’s been six months already and even though I occasionally lose some money now and then, subsequent profits help me recover all of it soon. I can afford a lot of things with my new source of income and best is that now I also maintain a separate corpus as savings for a rainy day!!

You can read more about Ethereum Code on the internet or on my personalized blog where I have documented my journey from rags to riches!!

Valuable Investments

Valuable Investments

investments are the second source of income during the crisis and they become the backbone when they are left for a longer time. There are varied sources and points to invest, but only a handful of them yield great returns.

Till sometime back, real estate investment, stock markets, and mutual funds; but now the trend has changed. It’s no more the old modes, it all about Cryptocurrencies, bitcoins, and Ethereum.

These new digital currencies have been now an accepted form in most of the places and have been growing exponentially since then. If one had invested in bitcoins or Ethereum a year or two before, then today the same price would be in ‘x’ folds.

Many assume that Ethereum is still in a growing phase and doesn’t fit the investment cycle in the currencies! But wait, before you conclude and judge, please read on these things.

Ethereum is undoubtedly the second highest valued currency next to bitcoin. But there are certainly better features that make it the stand in the 1st place in the coming years. Read here, why Ethereum can be the best choice of investment for you.

Cryptocurrency is itself a young segment that is having a lot option to grow and sustain here very convincingly. With many coins in mining, bitcoin has taken the first place due to its simplicity and ease in use. Next, Ethereum is in line and with a high rate of bitcoin and in use, Ethereum will also find its place.

Ethereum as the launch pad:

To launch any of the crypto coins, Ethereum is essential. Yes, this currency is the base to launch any other new tokens, so this currency is the base for all others, and would surely see growth and exponential form until this crypto industry thrives. Since that is the second largest currency, its been starting to get accepted into various places.

The technology of Ethereum:

Though both bitcoins and Ethereum use the same technology, the blockchain, its working pattern is different. Bitcoin uses the Proof of Work system to validate the technology, while Ethereum uses the Proof of Stake technology to validate the system.

The major difference is that the PoS is more cost and energy efficient. Bitcoin and even the cryptocurrency is using up more energy and cost and is consuming more money for the overheads in case mining to be continued, hence Ethereum will find the best place on the list. So, to start your journey Ethereum, the Ethereum code is the best place and you can read more about the Ethereum code here!

 

What Makes It Difficult For People To Understand The Market Cycles?

Even though most of us know that the stock market follows cycles, there is still a lot of mystery why one is unable to spot it. It is important that one understands this market dynamics on Ethereum Code review to be able to benefit from it.

  • The length of each cycle is different- Every market cycle is of a different length. Sometimes the cycle could last only for a year and other times for decades.
  • Valuations are not constant- Valuation or the price to earnings ratio keeps changing and they differ from one cycle to other. So what may be expensive in this cycle may not be expensive in the next. There is thus no set value when you know that if say the P/E is 50 then the market is overvalued or when P/E is 10 then the market is undervalued
  • There could be one cycle within another- The stock market cycle is defined in a set But it can happen that there is a cycle within a cycle. The individual sectors could have their own cycles and small cycles would affect different stocks etc. These actually get very confusing and for a retail trader, it is impossible to understand these embedded cycles.
  • Interest rates- The interest rates always play a major role to affect these So these have to be tracked as well. Low-interest rates mean that the stocks will perform well. The high-interest rate is not good for the stocks so they fall in value.
  • The stock market and the economic cycle-There is a difference between the market cycle and the economic The economic cycle is basically a measure of the growth rate of the economy. The market cycle is basically a representation of the investor’s willingness to either buy or sell the company stocks. There is a connection between both these cycles but if you thought that they line up perfectly then that does not happen.
  • Getting out of a market- Selling the investment at the market peak is something that most of the investors are not able to do. This is easier said than done because psychology starts playing a major role here.
  • No one likes the bottom- The stock valuations are cheap but investors feel that there are more downside risk and thus very few investors actually make use of the low prices in the market. Investors see that all are making money and this stops them from exiting the market.

 

Social Security –The Pros and Cons

Social Security is a welfare or insurance program managed by the Government with an aim to provide benefits to the retirees and disabled workers. These benefits can also be paid to the dependents of the deceased workers. These benefits include retirement income, disability income, and medical insurance. The benefits are paid to the survivors in case of death of the employee while he is in service. Most nations in the world have their own distinct social system.  The system that operates in the US is one of the largest Government programs in the world.

Types of Programs

Each country has different systems in place to channelize the welfare measures to the beneficiaries. However, the programs can be broadly classified into two types, one is the defined contributory system and the other one is defined benefit system.

  • Defined Contributory System is one that is most commonly used. It is the system that is similar to the pension funds where the workers contribute a percentage of their income so that they can get benefits when they retire. The Governments also contribute some amount to this fund. It is paid to the retirees on the event of retirement. This also covers the disability and death benefits.
  • Defined Benefit System – is one where the Government pays a fixed amount to the workers irrespective of their contribution. The benefits are paid to the retirees from the amount that is contributed by the workers into the system.

Advantages

This system was formed with the main aim of promoting the welfare of the elderly population so that they can continue to lead a decent lifestyle even after the retirement.

Income – It provides a steady income to the retirees in their old age. It also comes as a helping hand to the survivors or dependents in case of death of the worker. If the breadwinner in the family is disabled, the family gets the disability income to support them further.

Better planning of finances – The workers can choose how they want to benefit from the systems as they can delay the retirement age. The benefits will be maximized if the retirement age is delayed.

Drawbacks

Government funds – Though contributory schemes are based on the contributions from the workers, the defined benefit scheme puts a lot of strain on the Government funds which will eventually mean more taxes will be levied on the working population.

Not all are covered – The system may not benefit all. People who do not have a steady and regular work history may not get the benefits of this welfare scheme.

Though it is a huge expenditure for the Government to fund such welfare programs, it definitely benefits the aged people when they need financial assistance the most.

Cryptocurrency trading is also one of the attractive income earning options for the retirees. Anybody who has access to the internet and a computer can trade via the trading tools available online. Ethereum Code is one such online trading tools. Ethereum Code review has real-life testimonials of users who come from different backgrounds and age groups who have been equally benefitted from trading on this platform.

 

 

 

What Do You Know About The Risk Levels In Investment?

What Do You Know About The Risk Levels In Investment?

It is common sense that the greater the risk the higher the returns but not all investments fall into this category. Investments can be classified as “Low Risk” “medium Risk” and “High risk”. It is paramount that you understand into which category your investment falls to ensure you do not lose money. You must expose yourself to only that much risk which you can take, hence knowing the investment risks is as imperative as reading the full review of Crypto VIP Club before investing in it.

Low-risk investments

Those who are contented with small profits and are not adventurous by nature will prefer these kinds of investments wherein your principal is safe. These investments often have the backing of the federal government and hence your investment is protected. But you cannot hope to get massive returns in this situation.

Low to Minimal risk

These kinds of investments usually consist of corporate bonds, government bonds, and even municipal bonds. The risk factor is dependent on the term of the bond and the type of bond. Thus, for long-term bonds, the risk is higher because you have to wait several years for your principle to reach you. But in the case of short-term bonds which typically last one to two years the risk is limited.

Moderate risk

While playing safe is good you won’t earn much from your investment. Therefore, you can consider a moderate risk investment which is not fully safe but it is not completely risky. You can have a combination of stocks and bonds for this kind of investment. It will be called a balanced fund. The returns here will be moderate.

High-risk investments:

As the name suggests these investments are very risky; stock index funds are called high risky investments. Usually, indexed funds consist of a diverse list of companies as a result, when one or two of the stocks perform badly it will not affect your overall investment. Because it is highly unlikely that all stocks will perform badly at the same time, you, in reality, cannot lose all your money. The only reason it is called high risk is that the value of the investment can go down by almost 50%. The only way you can protect yourself is to buy remaining in it for a long time.

Extreme risks

When you invest in an individual company all your money then you have taken on extreme risks because history is witness to the biggest of companies crumbling and going bankrupt which renders their securities useless. In these types, you stand to lose everything that you invested.

The safest way to protect your investment is to spread it over a diversified range of investment products. For an inexperienced investor identifying the best products and monitoring their progress can be intimidating. They can seek the help of financial advisors or invest in mutual funds which are relatively easy to understand and comparatively safe.

Top 5 Purposes  for Business Valuation

                                              Top 5 Purposes  for Business Valuation

Business valuation is done for many reasons, understanding the position of their share in the market, how they fare in the top slots in any business forums, mergers, acquisitions, etc., the reasons could be many. Business owners, investors, shareholders regulatory authorities and others could need the valuation of how the business is running to understand how they are on par with other similar companies in the same or other sectors.

Purposes of valuation of the business

  • to allocate a purchase price
  • in the process of liquidation of the company
  • reorganization of the company from its existing business to foray into some other products and services
  • going for an
  • initial public offer
  • contribution to charities
  • stock option Incentives
  • assessing insurance claims
  • In the broader perspective the assets, the market, and the earnings approach are more common in determining the fair price of the business, including the technology and software like Crypto CFD Trader. There is, however, different ways to value, depending upon nature, source and the purpose for which the valuation is done.

 

Top five purposes

  • the most common while a acquisition and merger is happening, the business valuation is undertaken as a first step, only if the results are favorable, then the next step to negotiate and go for acquiring an existing or new company or merge into an existing or new business is done for the pricing and other regulatory requirements
  • selling the business cannot be done without knowing the net worth of the business, and determining the fair market value is important before entering into any sale agreement, and knowing the most probable selling price is an advantage before entering into any negotiations
  • in partnership form of business it is common to value the business in an all buy-sell agreement between the partners, so in the case when the shareholders want to buy the business and there is an agreement to that effect to value the business by professionals who determine the fair market value
  • transferring a portion of the business to the employees involves the valuation of the business which is complex, however, ESOP is common, by giving employees a portion of the stock as benefits instead of cash incentives, is done with a help of professionals
  • Limited liability companies, the minority shareholders may request the valuation of the business to understand their share that can be gifted and retain the major portion for the estate.

 

The Salient Features Of The Crypto VIP Club

The Salient Features Of The Crypto VIP Club

Needless to say, the Crypto VIP Club makes it extremely convenient for investors to trade in digital currencies. When it comes to online investments, the Crypto VIP Club will invariably prove to be very lucrative. However, until and unless you know the salient features of the trading system, it could be difficult for you to trust it and move ahead with the trading tool.

Here is a full review of the trading system, consisting of the salient features to help you understand all about it.

  1. The high rate of accuracy as far as generating trading signals is concerned.
  2. The algorithms and technology are highly advanced.
  3. The trading system is capable of analyzing capabilities fully.
  4. The registration is free of cost.
  5. A number of trading indicators that is capable of monitoring and analyzing the market conditions.
  6. Customer support service is incredible.
  7. Employs only professional and proficient brokers from all through the world.
  8. Is compatible with Android as well as iOS platforms.
  9. The trading robot has features to manage risks appropriately.

The customer support team

While most reviews talk about the other important features of a trading system, this is one feature that is not much talked about. The customer support team of any company needs to be friendly, supportive, accessible round the clock and proficient. This is what the customer care team of the crypto VIP club is all about. They are user-friendly and are ready to answer all your questions regarding your account and solve all queries associated with the portfolio. You can call them, chat with them and even have a live chat for immediate response.

Is it legitimate?

It is but natural to be skeptical when you are about to start trading with a new trading tool. However, when it comes to the Crypto VIP Club, you need to worry about its authenticity since it has been designed to meet the needs of every trader without any fee in return. The registration is absolutely free and all you need to pay is a bare minimum of $250 that will remain as your trading capital. Traders who have already used this trading tool have vouched for the system by stating that it lives up to its claims and is extremely easy to use. It only places trades when the market conditions are viable and favorable. Moreover, it only employs professional traders who will take utmost care of your money as well as your trading account.

Cryptocurrency World In A Matrix

Cryptocurrency World In A Matrix

The matrix can be considered as a computer program interlinked by many factors. It works based on a simulation programmed by the computer system. Generally, stock markets function based on the interest rates and the quantitative easing concept. Quantitative easing is truly an unconventional policy chosen by the central bank to balance the monetary aspects. The central bank will generally purchase securities from the market sometimes owned by the government with just the intention to lower the interest rates in order to increase the money supply in the country. This can be compared to a computer program that is a goof function. The market value can be a function of the interest rates, economy, and the currency rates. The cryptocurrency can also be considered in a similar way. The market has various other features. It depends also based on the demand and supply of the currencies.

Based on these factors and their functioning we can assume a model, a computer program. But, the model need not be an actual comparison of the market and the economy always. Sometimes it portrays well, sometimes not. Thus cryptocurrency market and its existence also survive in the same way. What can be a good solution?

When such matrix factors are determined and many scenarios are stored in databases, it becomes a good collection. The decisions corresponding to these scenarios when listed and programmed well it becomes more a lively matrix. This is the concept behind crypto robots. There are many auto trading robots created by efficient algorithms to function this way. It has been programmed to incorporate all the factors and market elements to understand the situation and predict the right decision to be taken.

The Crypto VIP Club software is a good product that has been developed by great intellectual minds exclusively for trading cryptocurrencies with ease. This is viewed as one of the best in the market. It has several easily navigable options that let you learn more about trading in cryptocurrencies. Crypto VIP Club has a good customer support team to assist us regarding all our queries. They work round the clock and establish good connections with all the users. They are well educated and kind in every aspect.

We have to manipulate well on the matrices with help of such robots and invest at the right time to reap maximum benefits over a long period of time.

Top Fiat Currencies Used To Trade Bitcoin in 2018

Top Fiat Currencies Used To Trade Bitcoin in 2018

We can earn Bitcoin by means of mining or as a payment for the goods or services or by exchanging Bitcoin against Fiat currencies like the U.S. dollar or for the other or for the cryptocurrencies. Here we will examine the top Fiat currencies involved in the Bitcoin trading.

Due to rapid change in the Bitcoin prices, it resulted in the increased trading activity around the globe. Those traders who believe in the Blockchain technology are involved in investing their money for long-term investments in bitcoin.

By accepting Bitcoin by all the business people can help to fuel the growth of the digital currency. People can compare with the Fiat currency and Bitcoin for the better payment before their purchase.

List of top Fiat currencies for Bitcoin traders

Based on the information available from the currencies, markets and exchanges which are registered at Coinhills the top fiat currencies are listed. About 120 exchanges and more than 11,500 markets are registered in Coinhills of mid-February 2018.

1) Japanese Yen (JPY)                                      

JPY leads the market of fiat currencies by having 60% market share. As the bitcoin exchange has been banned in China, trading from China has moved to Japan and therefore Japan became the leader.Japanese made some regulations and streamlined the trading of bitcoin and became the share of the Global market

2) U.S.Dollar (USD).

The U.S.Dollar placed in the second place of Fiat currencies and it holds about 25%of the market share. Even though Japan is found to be ahead of the U.S.Dollar, the U.S.Dollar remains the consistent top. This is because of the several factors as the Americans adopt new technology and blockchain technology, while other countries are unaware of the development of the cryptocurrency or the Crypto VIP Club software.

3) Korean Won (KRW)

South Korean ranked the third place in February 2018 and they have the 6.5% share. Since January 2018 there was a slight decline in trading as there was a ban on cryptocurrency. But now as the finance minister, Mr. Kim Don-Yeon have recently announced there is no limitation for cryptocurrency trading, the market expects more development in the investment of bitcoin trading.

4) Euro (EUR)

The European currency ranked fourth place with 5.5% market shares. By the last week, the European Central Bank has announced that there is no plan to ban the bitcoin which leads to a surge in its value.

British pound, Russian ruble, Australian dollar and Turkish lira are the other currencies in the top list of fiat currencies and they have 1% market shares.

 

 

Different ways to invest your money

Different ways to invest your money

Everyone would have heard of investing in bonds and stocks, but there are many different ways one can invest their money to secure the future, like mutual funds, real estate, Certificate of deposits etc and the list just goes on.  Hence you should learn about the different options available so that you can choose the one which you prefer.  First, you need to understand about the terms that you come across in relation to investments. Listed below are few of them.

  • Assets- It is the resource owned by you which is expected to increase the value in future.
  • Holdings- It is the specific assets that constitute the investment portfolio.
  • Asset classes- It is the group of assets which has similar characteristics. Usually, it includes bonds, cash, and
  • Portfolio- The portfolio refers to all the investments put together in a group. Investing in different types of assets means diversifying your portfolio.

Below mentioned are different ways you can invest to earn profits.

Stocks- It is also known as the shares or equities wherein you have a stake in the organization and its profits.  Basically, you will be having a partial ownership of the company.  The shares can be bought and sold in the stock market to earn a profit.

Currency or cryptocurrency- You can buy and sell normal currencies in the forex market and the digital currencies like bitcoins in the cryptocurrency market.  The advantage of trading in cryptocurrency market is that it has automated trading software like crypto CFD trader which will help you with the entire process of trading.  You can continue reading here to know about the benefits and how it has helped people to earn money.

Bonds- It is a debt investment. You loan money to the government or a corporation when you purchase the bond and they will pay you back that amount along with interest over a specific period of time.

CDs- Certificate of deposits or CDs is the promissory note that has been issued by the bank. You can buy it from the bank.  The banks will offer you a higher rate of interest based on the period you wish to invest in these.

Real estate and precious objects like gold, art, etc- Real estate investing will give you result after a long period of time. You need to hold the property for few years for the value to appreciate.  Collecting art for the purpose of res-selling at profit also can be considered as an option.

 

 

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About The Blog Author

Teresa Duncan received a degree of Master of Science in Healthcare Management from Marymount University. With over 22 years of healthcare experience (15 in dental), she has unique insight into the world of dentistry. Her specialty is helping dentists and managers increase revenue. By focusing on accounts receivable and insurance management, she helps dentists increase the value of their practice. As a member of the Association of Certified Fraud Examiners, she has a special interest in helping dentists identify and safeguard against employee embezzlement.

Teresa is founder and president of Odyssey Management.

She is a Fellow and Educator for the ICOI’s Association of Dental Implant Auxiliaries. Look for more articles from her regarding practice management, dental implants and oral health care news. She was named 2010’s ADIA Educator of the Year.

Teresa is a member-at-large on the board of the Academy of Dental Management Consultants.

Teresa is a Trustee for the auxiliary education-focused DALE Foundation.

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