Another Look At Binary Options

 

 

Is binary options a real form of investment? The answer you get may depend on who you ask that question. Binary options is becoming increasing popular as a way of earning money. However, the potential for earning comes with an equal risk of loss.

The concept of binary options is rather simple. The price of any asset can either go up or down within any given time. The investor will attempt to predict the direction that the asset will go, and if in doing so, will earn an amount that is roughly equal to the amount he or she has invested.

It is therefore binary in nature because the price may go up or down, and also because the investor could either win or lose his investment.

Most People Lose Their Investment

Perhaps the reason why this has become so popular (or notorious) is that most people – around 95% - lose their money. They often come into binary options after seeing YouTube videos of people who turn $10 into $3000, and then they think that they can easily do the same.

The reality soon hits and they lose several $10s. They then become eager to dissuade family and friends, telling them that binary options “is a scam.”

If That Is True, Then What Else Is A Scam?

The stock market: analysts have said that up to 95% of participants in the stock market lose their money. That sounds like a scam in any book. Some have said that only insider traders have any real chance of making a lot of money from the stock market.

Of course, some have also been lucky, and so have made a lot of money from sheer luck. However, sheer luck is not very sustainable, and besides, this kind of luck only happens as a rarity, which means that very few people ever get to benefit from it.

This brings us right back to the issue of 95% of participants being luckless.

The crypto market: this is a relatively new market, but it is already established to be following the age old cycles of booms and busts. In fact, many economists believe that the entire crypto market is a scam – one big economic bubble that is going to end in a historic number of suicides.

The many traders and investors who have lost their hard earned funds to crypto may tend to agree. Some have timed their entries wrongly, while others have invested heavily in crypto projects that have turned out to be rug pulls.

In any case, crypto is just as bad as binary options, and so is forex.

The forex market: this mostly resembles binary options because the same brokers who offer trading in forex, usually offer binary options. Furthermore, the same assets are offered to traders in both binary options and forex.

The forex market already gets enough bad rap so it is not really necessary to say that many consider it a scam. Depending on who you ask, you may hear that 80%-95% of traders lose their money.

Nevertheless, there are a few successful traders. They can be found all over social media, and many of them offer mentorship classes. They offer real proof of their trading so that people can actually see what they have to offer.

Anyway, the consensus is that even though forex trading is quite risky, with training it is possible to trade it successfully.

So What About Binary Options?   

The problem is that there are fewer success stories in binary options. There are too few people who come out to say that they have spent years trading binary options. There is very little research that has been done in this field of investing.

Without this research it makes no sense to say that something is a scam. The ideal thing is to do the research, and then come to a conclusion. Presently, it looks as though a conclusion is being made without the due research first.

Binary Options Is Risky

About 95% of market participants lose their money. That is as dangerous as anything can get. It therefore seems that this is not the kind of thing that a complete novice to the world of trading should get involved in.

The call should be to those who have spent years in the business, and who understand the way the markets work. It is to such like ones that the responsibility falls to find out the truth about binary options, and to decide if it is something that can become a job.

Anybody who has interest in trading binary options should therefore first spend the time learning how it works. Research is the key.

Do not become enticed by the shiny buttons on your screen, and think that you can make tons of money just by clicking “buy” or “sell.”

The bottom line:

Was this post designed to tell the world that the stock market is a scam, or was it designed to tell people to take a closer look at binary options as a kind of investment? (Shrugs) Maybe a bit of both.

For the sake of emphasis, it is important to point out that this article calls on the need for research. Please do not jump into trading binary options, or any other form of trading for that matter without doing your due diligence.

Types of Agriculture in India and the Monetary Importance

 

Money grows on trees in India, as they do almost everywhere else. The problem is that we have somehow lost touch with this fact, and have almost abandoned agriculture; preferring things that arguably give us nothing in return, like space travel and nuclear armament.

We recognize that agriculture is more than just an issue of generating money; it is about providing food. Food is one thing that people need- food is a common denominator, regardless of whether we are rich or poor. With that in mind, anybody who wants to study the types of modern agriculture (crop farming) available today should probably use India as a case study.

India has a population of over 1.3 billion people, all of whom must eat every day. Agriculture is therefore the most important activity in India, and so it is constantly being improved: the types of agriculture are being made better, and new ones are being added constantly.

What are the types of farming that ensure India’s food supply? Let us find out one by one.

 

Subsistence farming:

Subsistence farming is the oldest form of agriculture, and is still widely practiced in India, as well as in much of Asia and Africa. In this kind of agriculture the farmer cultivates crops primarily for the consumption of his family. Since this is an attempt to be self sufficient, and the people involved are usually small in number, the scale of the farming is also usually small.

Importance:

Subsistence agriculture is important because despite the fact that India has a large population, the country is made up of small families. When a large number of small families have food on their tables, then the country is doing well in the area of food security.

Furthermore, subsistence farming ensures that families eat fresh and healthy food, not tainted with chemical preservatives.

 

Shifting agriculture:

Shifting agriculture is a kind of farming in which farmers clear an area for farming, cultivate it for some time, (usually about 3 years) and then when the land is no longer fertile, the farmers leave it for another area of land where the process is repeated. This is an ancient method of farming that was mostly practiced in the old days when people were fewer, and land was more available.

Importance: as time goes on, we may need to abandon this kind of agriculture, because it may become difficult to find land for it. Besides, it is very possible to maintain soil fertility without the use of chemical compounds; just by adding organic manure.

 

 Intensive agriculture:

This is a serious farming business. The goal of this kind of farming is to make as much money as possible. As far as Intensive agriculture is concerned, it is not uncommon to find several different types of crops being cultivated on the same farm land. Although it is possible to practice this type of agriculture using only organic fertilizers, many farmers use chemical compounds to fertilize the soil and pesticides to keep away pests.

Individuals and their families may practice this form of agriculture, but many intensive farms can be owned by companies as well.

Importance:

Intensive agriculture is the most economically significant form of agriculture. Not only does it mean more food is available for consumption, but it also means that more people are employed. It also means that the person selling agricultural inputs such as fertilizers and pesticides makes more money, and it also means that the person selling parts for machinery such as tractors remains in business.

 

Hydroponics:

 

 

 

 

 

Hydroponics is a kind of agriculture practiced with the use of water tanks. It is based on the same principle in which plants are grown in pots, in places where it would normally not be possible to plant them, such as indoors. Hydroponics can be practiced in out-of-use factories and warehouses, and specialized structures can be built originally for this purpose. The nutrients used in hydroponic systems can come from many different sources: fish excrement, duck manure, and chemical fertilizers.

Importance:

Even though there is still a long way to go in making this kind of agriculture popular, Hydroponics is important because it ensures that fresh vegetables are available in suburban areas and big cities. Plants commonly grown with this method include tomatoes, peppers, cucumbers, strawberries, lettuces, cannabis.

 

Dry land farming:

Dry land farming, as far as India is concerned is practiced in places like northwest and central India where the land is more arid and desert-like. In such places most crops cannot survive the harsh conditions. However, certain crops such as gramjowar, bajra, and peas which have lower water requirements are successfully cultivated. Dry land farming does not mean that the land must remain dry, however; farmers take steps to irrigate the land, and provide water artificially.

Importance:

Without dry land farming the much of the land in India would go uncultivated. Since some big cities are located on or near dry land, it is clear that this form of farming is an important factor in the provision of fresh food items on the tables of many Indian families.

 

 Plantation agriculture:

Plantation agriculture is often used for perennial crops which require a lot of space, and a lot of time to mature. The most important crop grown in plantations in India is tea, but other plantation crops are banana, coconut, coffee, cocoa, spices, and other fruits. Plantations mostly specialize on producing a single crop in commercial quantities. Most plantations are owned by companies that process the produce in their factories, and distribute to consumers.

Importance:

Plantations provide jobs. Plantations contribute to the economy through their sales figures, and the jobs they provide. Many crops grown in India are exported to other countries as well; that means more money in foreign currencies.

 

 Wet land farming:

Wet land farming is similar to hydroponics, only that it makes use of natural surroundings. This is the type of agriculture practiced on water logged, or swampy areas. This is quite a viable system in India because many areas in the country are regularly affected by heavy monsoon rains and subsequent flooding. This sometimes makes the land water logged for many months of the year. This farming is suitable for crops such as rice, jute, sugarcane, and many vegetables.

Importance:

This form of agriculture will become even more important in time to come; as we begin to deal with the fact we may continue to experience more rainfall, we have to embrace types of agriculture that enable us produce crops all year round.

 

 Conclusion:

With an abundant amount of arable land, the potential for a revolution in agriculture is very high in India. The population is so large that even if you produced tons of food annually, it would probably be exhausted in days. Such is the potential in India. Many farmers both big and small are emerging on a consistent basis; and that is a good indication for food security, and the depth of the Indian market.

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THIS IS THE SECRET OF MONEY

Top 10 Richest Counties in the USA

 

During the years of slavery the richest counties in the USA were those places that had plantations, and therefore high numbers of slaves that provided the labor that powered agriculture. Those days, slaves were not counted during census, but only added to the potential wealth of their masters. Today, some things remain consistent: the richest counties do not just reflect the biggest concentration of wealth per square meter in the United States of America; but also reflect an analysis of the industries with the most wealth, or potential for wealth.

Since certain industries tend to cluster together in certain regions, it is very likely that the money, and workforce behind those industries will live within range of their investments and places of work. Therefore, much data can be pulled from the information in the following pages (even though we do not delve so deep).

You can break the information into ethnicity, industry, education, and age range of the residents of the richest counties in the United States.

A high median income county means many things including: a high purchasing power (high volume of retail sales, and a thriving local economy), it means a high standard of living, and it usually means a healthy real estate market. It is therefore understandable that many companies want to take their businesses to such places.

Let us highlight them one by one:

 

Loudoun County, Virginia 

Median Household Income: $134,464

Loudoun County is within the borders of Virginia in the United States. Loudoun County has a population of about 413,538, which makes it Virginia's third-most populous county, and shows that prosperity is not dependent on population.

With a median household income of $136,268, Loudoun County is the richest county in the United States of America- a position it has held since 2008.

Loudoun County was once completely rural, and still has a strong rural economy; backed up by an equine industry that is worth about $78 million. Horse racing is a big deal here, and that is a major contributor to local economy. The Morven Park International Equestrian Center which hosts national horse trials is located in Loudoun County. There is also a growing wine industry in Loudoun County; there are several internationally recognized wines made here.

This county also has 25 active farms; this is a great place to raise cattle.

Loudoun's is gradually transforming to a suburban setting; the county has a full-fledged service economy, and now has a heavily presence of tech companies such as Verizon, Telos, Orbital Sciences, Paxfire and others. With the influx of these corporations come their workers who have swelled the local population.

 

Howard County, Maryland

Median Household Income: $120,941

Howard County is located in the state of Maryland, and is closely linked to Baltimore, Columbia, and Towson. The county has a population of about 328,200. Howard County has a Median Household Income of $120,941, which makes it the second richest county in America. Much of that money is made in Washington D.C, where many of the county’s residents work in the media.

Columbia, in Howard County is a major planned community full of detached houses, and occupied by upper middle class families. This town is basically the face of the County. Most of the residents of this county are employed in the services economy. The top employers in this county are Howard County Public School System, The County Government (not counting those employed in the schools) and tech companies like Verizon.

 

Fairfax County, Virginia

 Median Household Income: $115,717

Fairfax County is also located in the Commonwealth of Virginia, in the United States. Fairfax County is near Alexandria and Arlington County. The county’ population is presently estimated at about 1,147,532. Fairfax has the highest number of people in the whole of Virginia. The county is mainly sub-urban, although small parts are also urban and rural.

Fairfax is boosted by its sound service economy; the biggest employers are Fairfax County Public Schools, United States government, and Fairfax County government. No wonder residents here receive about 52% more than the national average wages.

 

Hunterdon County, New Jersey

Median Household Income:  $113,684

Hunterdon County is in the state of New Jersey. The county’s population was recently put at 124,371, and that shows a population reduction of about 3.1% compared to the previous estimate. Hunterdon County's median household income is $105,186, and the county is showing signs of growth.

This seems like a great place to invest in real estate; the median property tax stands $7,999, which is the highest in the country

 

Santa Clara County, California

 Median Household Income: $111,069

From Hollywood bigwigs, to tech CEOs, Santa Clara County, in California, is one of the nation's most attractive places for rich people. Some love the weather, others love the opportunities, and most just want to be close to the centre of the biggest movie industry in the world.

The population of Santa Clara County, in California is estimated at 1,781,642, and the median household income is $111,069. Much of the population is engaged in technology, media, or the movies. As with most places in the world; there is poverty and unemployment, but in Santa Clara, you will find one of the largest concentration of wealth anywhere in the world.

 

Arlington County, Virginia

 Median Household Income: $110,388

Arlington County is also in Virginia. This is the third Virginia County to be on this list. Arlington County, has an estimated population of 236,842, making it the sixth-largest by population in Virginia. The median household income is $110,388, and this is mostly powered by government jobs.

A report states that as high as about 60% of office space in the Rosslyn-Ballston (in Arlington County) is leased to government agencies and government contractors. Other residents are engaged in the tech industry (19.1% )  Hotels and Accommodation (28.9% ) and others in food.

 

Douglas County, Colorado

 Median Household Income: $109,292

Douglas County is in the state of Colorado. It has a population of about 285,465, and the median household income stands at $109,292 which is the highest in the state of Colorado. Douglas county is close to Denver and Colorado Springs.

The county’s economy is powered by the service industry; some of the biggest employers are: Douglas County School system, Charles Schwab Corporation, Douglas County Government, EchoStar, Western Union.

 

San Mateo County ,California

Median Household Income: $108,627

San Mateo County is a county in the state of California. This is the second California county to make this list. San Mateo has a population of 718,451, and a median household income of $108,627. San Mateo county covers most of the San Francisco Peninsula, including the Airport.

The area is loaded with tech money and tech talent; Facebook, YouTube, Visa Inc, Sony Interactive Entertainment, Electronic Arts, and so on all call this place home; but the list gets longer every day, as more and more tech start ups spring up in the area.

 

Morris County

Median Household Income: $106,985

Morris County is located in the state of New Jersey, but some argue that this area with a population of 492,276, is more New York than New Jersey. This is because the county is very close to New York City. Morris County has 39 municipalities, but no large cities. The area seems to enjoy being sub urban.

About 33 Fortune 500 companies have their headquarters, offices or a major facilities located in the county, so we should not be surprised to see a median household income of $106,985. The median price of housing was $469,900 in 2018, and it is fully expected that prices will continue to rise into the near future.

 

Williamson County, Tennessee

 Median Household Income: $106,054

Williamson County is in the U.S. state of Tennessee. This is the only county in Tennessee to make this list. Williamson County has a population of about 183,182, and a median household income of about $106,054. The county seems to have found the perfect balance between agriculture and services.

Williamson County was an agrarian community for most of the 19th century; the major crop was cotton. Despite the fact that the county has largely changed to a suburban area complete with retail businesses cotton and cattle ranching still play roles in the local economy.

 

Conclusion:

Virginia has a good number of these counties with the most wealth in the country. Of course the purpose of this post is for entertainment, but if this writer had any money he would bet that the development would soon spill over into other parts of Virginia, and so he would start looking for good real estate to invest in.

If a person was to set up a farm in some of these areas, it could do well; most of the residents of these places are conscious of what they eat, and that could be good for business.

 

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