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"YOU DON'T HAVE TO BURN BOOKS TO DESTROY A CULTURE. JUST GET PEOPLE TO STOP READING THEM." - Ray Bradbury

We aim to report on the totality of socially transmitted behavior patterns, arts, beliefs, institutions, and all other products of human work and thought. The Culture Sector encourages intercultural dialogue and promotes cultural pluralism within humanity.
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Is it time to think about CFDs?

If you’ve ever thought about having a go at trading in stock markets – look before you leap. It goes without saying that this can be very dangerous territory and all the official warnings about not investing more than you can afford to lose should be well heeded. At the same time, this is something that can be highly lucrative when you do get it right – and CFDs or “contacts for difference” can be a way of magnifying those gains.

A CFD is a way of speculating on the price movement of an underlying financial instrument – like a company’s share price, for example. With a CFD, you have an agreement with a provider like Tradefair based on the price you enter the trade and the price at which you exit – and you make or lose money in that process. You’re speculating on the way you think the underlying price will move – but you’re speculating on the margin only and you don’t have ownership of the underlying asset.

CFDs have several advantages in that you can put up a relatively small amount of money to open a far larger position, effectively, in the company’s shares or whatever else the underlying asset may be – and you don’t have to pay any stamp duty. Of course – the margin can also work against you, so it’s important that you get to fully understand the ways this kind of trade works, the risks – and ways of minimising your exposure. There are many ways you can do this including stop-losses. The afore-mentioned Tradefair also lets you trade indefinitely in demo-mode. This is an excellent way to get to understand how the trading platform works and, specifically, how CFDs work.

Here’s an example of how it could work. Let’s say a share has an ask price of £25. If 100 shares are bought at this price, the cost is £2,500. With a CFD broker like Tradefair, you’d usually only need a 5% margin - so you can make the same trade, effectively, as buying those shares for an outlay of £125. If the share’s bid price then rose to £27.50, the shares could be sold for a £250 profit. When the share’s bid price is £27.50, the CFD bid price may be around £27, but the gain on the CFD, therefore, is 60% - compared with the shares’ gain of just 10%.

So you can see from this quick example that CFDs are excellent for magnifying gains. Remember, too, that you can use them to go the other way – speculating that the underlying price of an asset may fall. This is a way of “shorting”.

Obviously – the downside risk is that losses are also magnified when the market doesn’t move in the way you thought it would. The trick is in minimising your exposure to losses and there are various ways of doing this explained on the Tradefair site – and in getting more trades right than you do wrong. If you can do this, you won’t win them all, but you will come out ahead.

 

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THINGS TO DO ON AN AFRICAN HOLIDAY

WILDLIFE CONSERVATION IN MADAGASCAR

Madagascar is one of the largest islands on the planet with unique flora and fauna off the South East coast of Africa. It is a tropical paradise with exotic wildlife and stunning beaches. If you are yearning for an island experience and still do something worthwhile, Madagascar offers numerous opportunities for wildlife conservation. 80% of the animals in Madagascar are exclusively found only in Madagascar. Lemur is the most popular of these animals but unfortunately face the danger of extinction due to the rapid rate of deforestation. If you choose to work in wildlife conservation in Madagascar, you may be able to help in the plight of Lemurs, birds and help in forest preservation. You can also work in marine conservation and get to stay along the glorious beaches. Working in marine conservation avails you to take part in exciting activities such as swimming and diving as you work.

TEACH ENGLISH IN TANZANIA

Tanzania is an incredible safari that with several parks and wildlife reserves, it is also home to Africa’s highest mountain, Mount Kilimanjaro. Teaching English in Tanzania on projects like this gives you an opportunity to explore this beautiful country, experience the local Swahili culture and give back to the community. You can find placements in local villages in Arusha, Moshi, Morogoro and Dar Salam. You can teach in primary or secondary schools but you will never be alone in a classroom, as you will have local teachers to assist you. Be prepared to work in challenging conditions, the classes are not like what you are used to at home. However, you work during the weekdays and get the weekends off to travel and relax.

GO ON SAFARI IN BOTSWANA

Botswana is a top African safari destination that boasts of numerous parks and incredible game viewing. It offers luxurious lodges and camps. Game viewing in Botswana is unlike anywhere else in Africa, there are private game parks for an intimate safari experience. It is a landlocked country but for lacking a coastline, Mother Nature has rewarded it with the largest inland delta in the world, the Okavango Delta. The Okavango Delta forms numerous waterways creating a lush environment that attracts animals to feed and drink water from the canals. The Okavango National Park is a major highlight of Botswana and offers an unforgettable game viewing experience. Other parks include Chobe, Makgadikgadik and Moremi. Click here for more information on Botswana safaris.

BUILDING IN SOUTH AFRICA

South Africa rivals other African destinations in terms of developments in the tourism industry, diversities and a wide array of holiday options. Though its economy is higher than in most African countries, there are places like Lavender Hill Township in Cape Town that locals live in unfathomably desolate conditions with their houses and schools in a serious state of disrepair. Get your hands dirty and take part in building activities such as digging foundations, mixing cement, roofing, painting and plastering. During your free time, you can visit places like Cape Town, relax along the beaches or go on a safari to the Kruger National Park.

 

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