Easy Way To Starting Stocks Investment

Did you often hearing the stocks exchange investment? Stocks exchange is one of the many investment option that very interesting to discuss. But, maybe you will ask, how to do it? Did the investors must call every company that they want to invest?

The one easiest and safest way to start investing in stock exchange is, you must register yourself into the trusted securities. Securities is a asset management company and they can be a broker between investors and the companies. So, how does it work? Today, we discuss about it.

Easy way to start investing stocks

First, you must choose one of many securities company in your country. As i was told you before, the securities only act as a broker, not your financial planner. So, the movement of stocks price in the market is not depends to your choosen securities, but it depends on the market condition.

You can find the securities company easily in the middle of city. Usually, they open their business in the prestigious office building to show how professional they are. You can start registering yourself as a investor

The securities will give you a form to collect your personal information. This form is for opening the investor account and a agreement between you and the securities. Make sure you have read all the form carefully 

You need a active email account for receiving the information about your stocks transaction (like buy and sell notification or dividen announcement)

After you have register yourself. You should wait about one or a couple of weeks until your investor account is activated. After it activated, you can start your first deposit and start trading

Remember for always keep your investor account secure. Don't ever to pass your investor ID and PIN because these all you needfor stocks transaction. You can't buy or sell your stocks if you are losing your investor ID and PIN 

Start Trading

After you have transferred your first deposit, you can start buying the stocks. You can use the application that your securities have provided or by contacting your personal broker.

The stocks is a proof that you have invested your capital in a company. The stocks name is coded with some of alphabetical code that represent the company's name (The number of alphabet may vary depend in the country's regulation). Make sure you have checked the company profile before buying their stocks.

For reminder, the stocks is one of the investment instrument and not for gambling purposes. There is no instant way to be rich, so you may not receiving instant investment return. Don't forget to learn the stocks trading basic to avoiding great loss.

For deciding whether you must buy and sell, you must read the economy news first. Beware! Don't use your personal feeling for trading because it is useless and coulod lead into great loss that can turn you into broke.

Some of famous stocks price monitoring application is Yahoo Finance and Google Stocks. You can monitoring your stocks price with these application in real time condition.

Remember you only could trade your stocks in office hour only. Don't forget to ask the market's office hour to your broker because the office hour of each country may vary

Happy investing!

Knowing The Insurance Investment Unit

There are many kinds of metric unit. The examples is the distance metric (meters) or weight metric (kilograms). Today, we will discuss about insurance investment metrics that called unit. This metrics is used in all of insurance company at Indonesia.

If you want to buy insurance policy, you can choose 2 option : conventional or the Unit Link. Which is in the Unit Link type, you'll get investment and insurance combination with any percentage that you can decide. This means, you can get investment and insurance protection in one.

Knowing the metrics of investment on insurance (Unit)

Like i was wrote before, unit is the metrics unit of Unit Link investment. In the beginning, when you bought the unit link insurance policy, you can see the price data of the unit that the insurance company offers you.

The unit price is very fluctuative. This means, the price movement is very complex and dynamic. Don't worry, because this is different against individual investing and you're no need to monitoring the movement of the unit price that you have chosen before (the problem have been handled by the insurance securities partner). You only need to see the annual report that given to you from the insurance company.  

You can choose the investment risk level. You must choose wisely, because the higher risk you choose the more you will get but you are risking your capital and balance. You can choose the low risk, middle risk, and high risk. The price is also based on the risk you have choose.

The example of Unit Link's investment price data based on the investment type

You can decide how much percentage you will spend in every investment type. If you are the one who like to invest in the high level, you can invest at high risk for optimal return. But, if you're not interest too much, you can choose the low risk.

Because of the insurance company investment is a long term investment, you are not recommended to withdraw your fund if you are just registered or your investment return wouldn't be optimal. Besides, if the fund balance isn't much enough, your investment return cannot returned optimally.

Even the fluctuation, but based on the history and price comparison by the time, the unit price is always increase by year. In some case, the price increase of the high risk investment can reach to the 15% in only a year period. This is much higher than bank interest. But, in order to get this result, you must consistent to keep your fund in the insurance company and never do some switching (change the fund ratio or change the investment risk level)

For additional information, there are the standard of price increasing forecast every year :

1. Low risk is from 1% to 3% every year
2. Middle risk is from 5% to 8% every year
3. Hig risk is from 10% to 15% every year

But, the forecast is not the definite results. That forecast data is based on the price comparison from year by year from the date of product released. The actual price maybe higher or lower from the forecast, depends on the country economy condition

And how? Do you interesting to investing while protect yourself on the insurance?

Understanding The Difference Of Credit Card and Debit Card

Everyday, our financial system is expanding to the more complex and more sophisticate. And some of our needs are the credit card and debit card. Formerly, credit card our abbreviated as CC, rarely used in Indonesia. But, slow but sure there are more and more people will use these card.

We will discuss about the difference of the debit card and credit card. These card are issued by financial league. And because not too many people knows about the difference of these cards, so we will discuss it.

Basic Explanation

The general explanation of debit card is the card that used for any financial transaction and issued by bank. This card can be substitution for the cash money. The debit card cannot be used exceed the account balance.

While the credit card is a card that issued by a bank for financial transaction with the installment without any collateral system. The credit card can be used without regarding to the bank account's balance. But, the credit card have a monthly usage limit. So, pay attention to the limit before you use it.

How to apply

The debit card can obtained together with the opening of your bank account. The credit can can be used for withdrawing money from the authorized bank ATM. You aren't need to prepare any requirements to obtain beside the requirements for opening a bank account.

And the credit card is obtained by applying some application to the bank. Not everyone can applying the credit card. The bank will evaluate the applicant. These include evaluating financial condition of the applicant. If its eligible, the applicant will obtain their credit card with suitable usage limit with it (usage limit is a credit amount that customer can use monthly. The minimal usage limit at Indonesia is 5.000.000 (five million) rupiahs.  

How To Use

These two cards haven't any much difference. These cards can be used to withdraw some amount of money at ATM or EDC swap on the merchant.

The difference of these two is how to authorize the transaction, where the debit card can be authorized by a PIN only (and if the PIN are correct on the transaction, the transaction would be settled)

But, we can use 2 option on credit card for authorize transaction matters. We can use PIN (the PIN terms is same with the credit card) or signature. Peoply usually more consider to use signature than PIN because the security reason.

This is because not everyone can copying the signature easily. Some people is like to take a look to someone who entering their atm's card PIN. If the signature isn't same with the credit card surface, the transaction wouldn't settled.

Physical Appearance

If you see a glance at these card, there are not many differences. But, the front face of the credit card usually have the owner's name and the valid date printed on it. But on the credit card, the front side only have 16 card digit that printed on it. 

Charge

For the debit card, there are no monthly charge no matter you use it or not. If there are any monthly charge, that is the bank account administrative fee, not the debit card monthly charge.

But the credit card have monthly administrative fee (the amount may vary, depends on the credit card type. The higher limit you got the more fee you charged). The administrative fee can be removed, but you must use your monthly limit.

User Advantage

This is the advantage of credit card. Compared to the debit card, the debit card usually have not too much promotion because the bank can't get any profit. But, the bank company will attempt to work with many merchant to increase their credit card user. This is because the more customers use their credit card, the more interest that bank would be get.

The credit card promotion on many merchant

The credit card can be used for "savior" too. For example, if the pay day is still too far but the money is almost running out, the credit card can be used for solution than take a credit from others.

But remember, that you must use your credit card wisely because any of transaction history is monitored by bank central. If the credit card monthly bill isn't paid off, the credit card holder can threatened with bank's blacklist and cannot use any installment facilities before they pay their postponed bill.

That's all. Remember you should not give your card to anyone who you didn't know well because anyone can misuse it. Be wise and careful for handling your transaction because this is about your financial problem.

The Difference Between General Insurance and Life Insurance

What do you think when you heard "insurance" word? Many people maybe remember the health and life insurance. Actually, the insurance isn't talk about health and life only, but more than it.

Generally, there are two kinds of insurance : The General Insurance and Life Insurance. Life insurance is more popular because every people needs insurance backup for health problem and every human in the world always have risk for sick.

So, what is the difference between the two?

The General Insurance

General Insurance is an insurance type that covers any financial loss that caused on non-living things, e.g. : car insurance, fire insurance, loss insurance, etc. General insurance usually have a short term contract only.

The example is, if you are buying a travel insurance. The insurance policy is only valid if you are on and still during travelling that included in a condition the inside of the policy contract on the limited term. So, if you bought a travelling insurance from Indonesia to Singapore on 26th October - 30th October 2018 and you go by a plane, the policy is only valid with that condition and cannot be replaced.

But, there are a popular product of General Insurance : car policy and some lost insurance type. Usually, these kind of insurance is bundled with installment contract if you bought a car or motorcyle with installment payment method. These insurance may covers financial lost from lossing the item or damage.

Extra note, the general insurance haven't any cash value and any insurance premium that you've paid to the company cannot be returned, even you haven't claim anything within the contract term.

Examples of general insurance company : Generali General Insurance, Simas Mobil, OTO Insurance

Life Insurance

Life insurance is an insurance that covers customer and its family from financial loss that caused on living things, especially human. Because every human will definitely sick and died, so the life insurance company opens their business everywhere in the whole world.

Everybody should have any life insurance. It is because of no one knows when they will got sick or something terrible that can killed them. But, this isn't means that if you bought any life insurance policy then you can't die or sick.

As i have told in the beginning of this article, the life insurance only covers customers and its family from financial loss. This means, if something terrible is come to the customers, the financial loss will covered and the family might not fall into chaos or bankruptcy.

Life insurance is have 2 type, the conventional and unit link. The differences is only on its cash value. The unit link is combined from insurance and investment. So, you can withdraw your premium from the account, as long as you are not overdraft the balance.

Life insurance is have a very long term of contract (it could until 100 years), because people needs the insurance on their lifetime.

The examples of life insurance company operated in Indonesia : Tokio Marine Life, Prudential Life, Sinarmas Life, Cigna Life, AIA Life. Note : the "Life" word means the company only handle life insurance.

As the end of this article, you can't bought general insurance policy at life incurance agency and vice versa. It is because every agent must pass the insurance test that held by government, before they can sell the insurance policy. And every insurance agents are operated on the specific office and cannot combined.