LEKKI FREE TRADE ZONE OFFERS EXCELLENT INCENTIVES FOR MANUFACTURERS

From: tradeinvestnigeria.com

Investors have the opportunity to establish and invest in manufacturing industries in the Lekki Free Trade Zone (FTZ), situated in Lagos State.

The idea behind the Lekki FTZ is to create a new model city. It is located on the Lekki Peninsula, south-east of the city of Lagos. The zone will feature its own power plant, deep sea port, housing, recreational facilities, etc. Phase one of the project was completed in May 2008.

One of the reasons why the Lekki FTZ has been introduced is to attract foreign direct investment in industries such as textiles, household equipment, electronics and food and beverages. Investors are therefore invited to consider the possibilities.

Reasons to invest in the Lekki FTZ

Market: Situated close to the Lagos metropolis, the Lekki FTZ provides companies with easy access to Lagos' population of 18 million people and Nigeria's total population of close to 150 million. The FTZ is also ideally located to export to the US and European markets.

Incentives:  All goods going into the FTZ will be free from duty and investors don't have to pay taxes. Companies can be 100% foreign owned, foreign exchange controls do not apply and investors will be able to easily move their capital and profits overseas.

Raw materials: Lagos is rich in raw materials. Examples of industrial opportunities in the beneficiation of some of the raw materials include:

·  ceramics and tiles (from clay)

·  crude oil and bitumen

·  oil, perfume, cosmetics and soap (from coconut palm)

·  boat building, furniture, paper and pulp (from teak and other woods)

·  starch alcohol and flour (from cassava)

·  surgical gloves (from rubber)

·  flour, beverages and jams (from plantains)

·  soft drinks and stimulants (from kolanut)

·  body creams, lotions and animal feeds (from cocoa)

·  varnishes, jellies and animal feeds (from cashew)

·  yeast and wine (from raffia palm trees)

BENEFITS OF STOCK MARKET TRADING SOFTWARE

A great benefit in using stock trading software is that it saves you a lot of time. Through the use of stock market trading software, you can forego with having to spend so long in trying to interpret data on your stocks through newspaper reports or online stock pages. Through a single click of the mouse, the software can download the necessary information and will process all the data for you so you can make your decisions faster. After all, time is a very essential factor in stock trading for you to be able to make the best deals. 

Another benefit for using this stock market trading software is that it can give you great trading advice, especially if you are a beginner. Because the program is not biased upon emotions in presenting its opinions to you, a more objective and truthful judgment on which stocks will be best to invest on can be delivered. And so, there is a better chance that you will be guided to making a better and unbiased decision.

Using a stock trading software also gives you more access and control to your own accounts. Instead of relying too much on brokers to negotiate deals for you, you are now empowered to handle a lot of the work yourself, and you can even constantly check on how your investments are doing in the market. This way, you can monitor your stocks more effectively.

Finally, the use of trading software can also allow you to make international trades easier and this may broaden your portfolio. Because the program is based on information technology and a vast online network, it would be easier for you to make global transactions without having to leave your own home. This can pave way to broaden your stock portfolio and even make it more secure.

There are numerous benefits in using stock market trading software, more so if you are interested on making your stock transactions faster and easier, or if you are merely new to the market and would want very good assistance in your decisions, then you can never go wrong by investing on a good stock trading software.

STOCK MARKET TRADING SOFTWARE

A stock market trading software is basically a computer program that allows you a certain degree of access to the stock market of any part of the world. Indeed, the use of trading software is a great way to maximize what modern technology has to offer and incorporate it in making profit. This program has the ability to analyze movements within international markets.

Traders often use this kind of software to perform both buying and selling in the stock exchange. It also offers investors various benefits that can help them in successfully engaging in the stock market. By saving you a lot of time, giving you more objective advice, empowering you to have more control and broadening your portfolio, this stock market trading software has proven its usefulness for anyone interested in engaging into stock exchange. 

Owning a good stock market trading software can be a very handy tool for faster and easier transactions in the stock exchange. After all, it is a great way to analyze the market as well as give you a preview on which shares you should consider trading.

Day Trading Basics

One of the fast growing trends in the stock trading arena these days is day trading. Today, more and more people are getting into this drift due to the many promises of making fast and easy money on their minds. However, what a lot of people fail to realize is that the buy fast and sell fast strategy of day trading may not always turn out as a very wise tactic to adopt in the stocks game. 

Still, what most people could agree on is the fact that day trading is certainly not for everyone, and that it can involve huge risks. And so, before you immerse yourself in day trading, be sure that you get your facts straightened out. 

What Is Day Trading?

Day trading is the buying and selling of securities for a certain stock within a single day. The main goal of those who practice this type of trade is basically to be able to profit from the difference between prices for buying and selling. This type of trading serves two very critical functions in the industry. First, it keeps the markets efficiently running because of arbitrage as stock exchange basically thrives on buy and sell activities. Another function for this is that it usually provides so much liquidity in the stock market.

Click here to watch video, for more on Day Trading.

Although day trading may sound quite appealing at first, be warned that up to this day, the profit potential of this type of trading is still under debate among investors and brokers. And if you are new to the trading game, it is not advisable for you to gamble your investment as you may end up losing substantial amounts of money.

Day trading is not necessarily illegal nor is it unethical, most would agree that it is risky because principles of this trade are based on the “fast and easy money” mentality, and therefore, day traders rely on making profit by rapidly buying and selling stocks in a single day as their stocks continue to rise and fall in value.

Of course, the chances relied upon are not quite dependable and choosing to do business this way seems more of a gamble than a sure way to gain money. Most financial advisors may discourage people from entering this type of trading, with the argument that most of the time, rewards do not justify the risks involved. 

The bottom line is, most financial experts would argue that most successful companies have grown not because of day trading, but through more traditional means. If you were currently not very familiar with the stock market game, then it would be wise for you to stay away from day trading. Take in mind that the best way to earn profit may be through the long process and hard work, and taking shortcuts may certainly involve much more risks than you may want to bargain with. 

How To Get Started In Day Trading

Day trading is a very controversial endeavor to take on in the stock market industry these days. Many people end up losing so much of their finances through this high-risks trade. And the most common mistake why these people garner such bad results is because they often do not think of the risks involved and only concentrate on making easy money. What anyone must be familiar with in order to survive this high-stakes industry are the things to look out for. 

Here are a few things that you need to know about day trading that could help you in making the right decisions about your investments.

The very first thing that you need to know about day trading is that you must be prepared to suffer from substantial financial losses. And take in mind that this is not a rare thing to happen among day traders, in fact, a lot of these people, do not even get the chance to earn profit at all. Therefore if you have limited resources and have very little experience in making investments or trades, then day trading is certainly not advisable for you. Make sure that you never gamble with money that you cannot afford to lose, such as your budget for daily expenses, mortgages, retirements and so on. 

One of the main reasons why a lot of people also get scammed in relation to day trading is because of their gullibility towards catchy promises that offer them large profits most commonly from the Internet. Be wary of any advertisements or claims that try to convince you on how this certain trade can potentially make your rich in a short amount of time. 

Also have at the back of your mind that most large and successful companies did not make it to the top by taking shortcuts. Most of those who have earned big money through the stock exchange have actually taken more traditional routes in their tactics. Not only does day trading require you to be a wise decision maker, but most importantly, it also requires you to have a good background on security markets and trading strategies. 

To be able to become successful in this endeavor, you have to compete with professional and licensed traders who might have been doing this for a very long time already. Make sure that you invest on your own experience before you attempt on playing this risky game.

If you really are decided on taking part in day trading, one of the most important precautions that you can at least take is to check with your state securities regulator about day trading firms. After all, just like any broker dealers, such firms must be legally registered with the SEC in order to do business. At least, through this way, you would be able to determine that the parties you are doing business with are actually legitimate and mostly likely would not scam you. 

In conclusion, day trading is a very exploratory strategy. And so, anyone who may not have enough experience and knowledge about the stocks game should not try to gamble without properly preparing him or herself. This strategy should only be employed by individuals who are sophisticated, well financed and experienced enough to manage complications and bear risks in case the worst-case scenario. And so, if you are thinking about betting on the day trade, make sure that you prepare yourself to be smart in your decisions.

Picking Penny Stocks

It is Sad to say, that the “easy money” mentality has reached the stock market and has left a lot of people investing unwisely on penny stocks that may often be too risky to begin with. Let us learn how this variety of stocks can actually be problematic to investors. 

Penny stocks are stocks that are sold for less than a dollar or, in some cases, less than five dollars for each share. Most of these stocks only have a short operating history and only have a few million dollars in net tangible assets. Typically, these have low market caps, minimal liquidity and are often traded on over the counter exchanges.

What you should know about these stocks is that trading them may be much riskier as compared to regular stocks. After all, with such issues as these stocks offerring very limited information about the companies, having no adequate backgrounds and may often pose huge threats for scams. 

Limited Information

For most companies that offer penny stocks, not a lot of information is really available for investors to view online or elsewhere. After all, most exchanges in this market operate on the Over The Counter Bulletin Board (OTCBB), which do not really require thorough reports for public posting. Without such valuable information, it would be very difficult on the investor’s part to make the right and objective trade decisions, and this could often lead to unwise guessing. 

Lack of Background

The chances are, if companies are willing to trade stocks in such small amounts, they most probably have very little business history or may have a very negative one. These companies are either just starting out in the business or they may have experienced bankruptcy, thus they resort to selling their stocks at such low prices.

Because there isn’t a lot of information available on penny stock companies, there is a very huge possibility that you might be making a bad investment. And of course, you may end up losing more money than you plan on gaining.

Bribes And Scams

It isn’t common for such stocks to be promoted by people who have been paid to do just that. Perhaps, you have received spam emails that may sound too good to be true, which may encourage you to invest in a particular penny stock. Take in mind those successful companies these days mostly did not start out through penny stocks.

The usual scenario happening that enables bribes and scams is that a company may buy some stock and then spread emails to tell people that a certain stock is doing well in the market. A lot of readers would then respond to this by investing in stocks, causing the price to dramatically shoot up due to supply and demand. After this, the scammer may sell his or her share for a huge amount before the price dramatically goes down again leaving many investors to lose a lot of money. 

And so, if you are new to the whole stock exchange market, make sure that you decide wisely on which type of stocks to invest and do not go after what may seem easy to get you rich. Take in mind that, although penny stocks may be alluring, they may involve huge risks on your part.

Factors Affecting Forex Market

The Forex Market is the largest market today for stock trading, and it is continually growing with more and more people investing in it. However, as promising as this market may be when it comes to profit, like any other trade it can be very volatile as well. It is therefore important to be familiar with certain factors that influence the Forex market if you are decided in joining this arena. After all, acquainting yourself with the many scenarios that can cause currencies to go up or down can help you a lot in making decisions for when to buy or sell.

There are basically three major factors that affect the Foreign Exchange, namely; a country’s economy, political conditions and market psychology. 

The Economy of a country is the most basic thing that create changes in a country’s currency. When such economic conditions as a budget deficit or surplus is present within a country, there will surely be reactions in the market and values will be reflected on currencies. Other conditions may also include inflation trends, and the general economic growth of the country.

Click here to watch video, for more on factors affecting forex market

The more prosperous a country’s economy is, the more investors will be able to adhere to doing trade in a more positive attitude. Such indicators as a growth in a nation’s gross domestic product (GDP), employment levels and retail sales among others will basically attract more investors and that nation’s currency value will likely go up. 

Secondly,  a country’s political sector is another very important factor that affects Forex Market. This is because political instability or turmoil can generally create negative fluctuations to an economy. But if such instances occur wherein a country may rise above political obstacles, the opposite may occur and the economy may improve.  Also events in a region can surely create negative or positive interest among investors for a nation’s currency. And so, such conditions surely acts as a factor for demands and prices of a certain currency. 

On the other hand, the perception of traders and investors will greatly influence the Foreign Exchange market in so many ways. After all, the market is highly dependent on whether or not people would want to invest on a country’s economy in order to determine whether currency prices will go up or down.

For example, such conditions wherein unsettling international events may happen, then under the “flight of quality” rule, people would generally want to look for a safe haven for their investments. Whenever there is a greater demand for a certain country’s economy, then a higher price will be given to buyers and the currency’s value will go up and become stronger.

The market in Foreign Exchange is often unpredictable and fluctuating. Therefore if you are interested in doing trades in this market, make sure that you take the time to be knowledgeable about good strategies that can help you play the game. After all, this currency market would greatly revolve upon events that would occur in the different countries. Familiarizing yourself with the factors that affect the Forex Market will surely help you make better decisions.