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‘Even wealthy Americans have no qualms about re-gifting’ — but when is it NOT cool to re-gift your unwanted swag?

2019-12-25
By: Staff Writer

Dear Moneyist, I am a retired registered nurse and my husband is retired also for three years now. We live in a rural California county where social activities are not frequent. Instead, we attend many fundraising events for fun and we also like to contribute. We end up with basketsRead More →

Wealthy taxpayers have one big advantage with the IRS (that has nothing to do with Trump’s tax reform)

2019-10-11
By: Staff Writer

New research argues the ultra-rich paid a lower overall tax rate for the first time ever last year than the other income groups. “There are a lot of advantages to being rich, and this is one of them,” said Mark Mazur, director of the Urban-Brookings Tax Policy Center. The moreRead More →

Wealthy parents spend up to $10,000 on SAT prep for their kids

2019-06-22
By: Staff Writer

Marquette University recently became the latest school to announce that it will no longer require an SAT or ACT score from applicants. The Jesuit college in Milwaukee, Wisc., joins more than 1,000 other schools — including the University of Chicago, Bowdoin College in St, Brunswick, Maine, and eight others thatRead More →

Incompetent people from wealthy backgrounds are more likely to act like they’re smart — and people believe them

2019-05-21
By: Staff Writer

In the course of her career and research into behavior at work, Nicole Jones Young has noticed that some workplaces recognize the work of the loudest, most confident and, sometimes, the most well-heeled person in the room. She says most people have had at least one colleague with a senseRead More →

Some wealthy parents even offer bribes to get their kids into the best summer camps

2019-03-30
By: Staff Writer

These parents are going to great lengths to ensure their kids are happy campers. It’s the most stressful time of the year for parents struggling to get their kids into summer camps, many of which are already at capacity. Camp counselors say they’ve seen parents act their most desperate duringRead More →

Wealthy millennials boosting the art market By Reuters

2019-03-07
By: Staff Writer

© Reuters. Logo of Sotheby’s auction house is seen in Zurich By Brenna Hughes Neghaiwi ZURICH (Reuters) – The global art market experienced another uptick in 2018, helped by an increase in the spending power of millennials, a report published by UBS and Art Basel said on Friday. A surveyRead More →

What many critics got wrong about Alexandria Ocasio-Cortez’s ‘70% tax’ on the wealthy

2019-01-09
By: Staff Writer

New York freshman Congresswoman Alexandria Ocasio-Cortez’s mention of a 70% tax on the wealthy provoked heated reaction from both supporters and detractors, with House Republican whip Steve Scalise deriding the idea as a “leftist fantasy program.” But the debate sparked by the Democrat from New York also revealed some misunderstandingsRead More →

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Risk Disclosure: company and this website does not accept any liability for loss or damage as a result of reliance on the information contained within this website; this includes education material, price quotes and charts, and analysis. Please be aware of the risks associated with trading the financial markets; never invest more money than you can risk losing. The risks involved in trading binary options are high and may not be suitable for all investors. Binary Options Channel doesn't retain responsibility for any trading losses you might face as a result of using the data hosted on this site. The data and quotes contained in this website are not provided by exchanges but rather by market makers. So prices may be different from exchange prices and may not be accurate to real time trading prices. They are supplied as a guide to trading rather than for trading purposes.

Trading in the Foreign Exchange market is a challenging opportunity where above average returns are available for educated and experienced investors who are willing to take above average risk. However, before deciding to participate in Foreign Exchange (FX) trading, you should carefully consider your investment objectives, level of experience and risk appetite. Do not invest money you cannot afford to lose.

Forex, futures and options trading has large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the Forex, futures and options markets. Don't trade with money you can't afford to lose. This website is neither a solicitation nor an offer to Buy/Sell Forex futures or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed on this website. The past performance of any trading system or methodology is not necessarily indicative of future results. There is considerable exposure to risk in any foreign exchange transaction. Any transaction involving currencies involves risks including, but not limited to, the potential for changing political and/or economic conditions that may substantially affect the price or liquidity of a currency. More over, the leveraged nature of FX trading means that any market movement will have an equally proportional effect on your deposited funds. This may work against you as well as for you. The possibility exists that you could sustain a total loss of initial margin funds and be required to deposit additional funds to maintain your position. If you fail to meet any margin call within the time prescribed, your position will be liquidated and you will be responsible for any resulting losses. Investors may lower their exposure to risk by employing risk-reducing strategies such as 'stop-loss' or 'limit' orders.

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