Connect with us

Invest

Solar Array Community Investment Launched

Published

on

A solar array being built near Crewkerne in Somerset could soon be owned by the community. That’s after the launch of a share and bond offer from Bath and West Community Energy (BWCE). The solar array is forecast to generate enough electricity to power around 1,650 homes.

The bond is forecast to deliver 5% return a year (5.5% for BWCE shareholders) and 7% to those buying shares. The company has returned 7% a year on its shares for its previous four years.

BWCE is an award-winning community enterprise and is seeking to raise £2.63 million through the bond and share offers. BWCE will be investing these funds alongside a Triodos Bank loan of £3.33 million to purchase and develop the solar array.

The added capacity takes BWCE’s total to 12MWp, the equivalent annual electricity demand of around 3,900 typical homes. It will give BWCE the UK’s largest generation capacity of any community-owned benefit society.

Pete Capener, MBE and chair of Bath and West Community Energy, said: “We expect this investment to appeal to the public as it has the option of short term investment with bonds and medium to long term with the shares. We are proud to have hit our target interest payment of 7% in every one of the four years since our first share offer in 2011.

“In addition, we have seen our vision of community energy taking shape as we have made donations totalling £75,000 to our community fund, which have allocated to grants for local community carbon reduction and fuel poverty projects.”

To deliver the scheme, BWCE is partnering with Mongoose Energy and South Somerset Community Energy Society (SSCES). Mongoose Energy is one of the UK’s leading community energy firms and was established to help community groups identify, develop, finance, build and manage community-owned renewable energy projects.

JW Bode, CEO of Mongoose Energy, said: “The rise of community energy shares and bonds have proven to be popular with our investors, with this being BWCE’s sixth fundraiser open to public investment. For each, BWCE has either reached its fundraising target on or ahead of time.

“The Bath and Bristol region is repeatedly cited as being among the UK’s biggest investors in positive investments and we continue to see an appetite for investment into local clean energy projects that offers a reasonable rate of return as well as the benefit of a social dividend.”

The bond is in the form of a loan to BWCE and will pay a return on the investment of 5% a year for two years (5.5% for BWCE and members of its partner organisations) with interest paid annually.

By buying shares, investors can become a member of BWCE, which has paid its members interest on their investment of 7% in each of the four years since its first share offer.

BWCE will issue the first wave of shares and bonds to investors whose applications have been received by 7 June 2016, with interest being earned from the date the shares or bonds are issued, allowing investors the chance to start earning interest earlier.

The bond and share offers are currently open for applications and close on Tuesday 12 July 2016.

For full investment details of the scheme visit Ethex, the positive investment and savings platform, website.

BWCE will be holding a series of events in the area where potential investors can hear about the scheme and BWCE’s future plans. Company directors and existing investors will be present to answer questions. Full details can be found on BWCE’s website along with more information about BWCE and the forthcoming bond and share offers.

Photograph: BWCE

Invest

How to make a sustainable living out of Forex Trading?

Published

on

By

sustainable forex trading
Shutterstock Licensed Photo - By Robert Kneschke | https://www.shutterstock.com/g/robertkneschke

There are two different types of forex trading in general: the profitable one and the not so profitable one. Everyone wants good profits at the end of the day, but unfortunately a good number of traders are burdened with the huge losses at the end of their forex careers. Many newbies run the other way around when they hear about forex trading due to heavy losses in their initial period. Of course, you would have heard about all those success stories, in your friends’ circle or on the internet. However, if you are looking forward to replicate those success stories, you need get yourself ready before that.

In this article, we will discuss the six essential skills that are needed to earn some profits from trading foreign currencies and make a sustainable living out of it.

1. Limit your risk ceiling

When you start with forex, you should try to define limits. Try to create a balanced scorecard that defines your personality with regards to various parameters such as your strengths, weaknesses, behaviors, and ability to take risks. It is essential that you list your financial goals before you start with forex trading.

2. Learn about leverage ratio and account type

When you start, brokers will suggest different forex trading accounts that might take you for a whirl if you aren’t prepared. Each forex trading account has its own pros and cons. It is essential that you engage with your broker to create a mini trading account so that you will be able to warm up on your forex trading skills in a low risk environment.

3. Start small

While starting out, some investors rush to have multiple currency pairs without doing proper research on them beforehand. It is very important have you understand the nature and volatility of a currency before you start trading a pair. Every single foreign currency is like a market onto itself. It is therefore important that you take the time to study about the country before forming pairs to understand the volatility of the currency. By using forex trading platforms such as ETX Capital, you can take informed decisions easily.

4. Learn to control emotions

A forex trader should never take any decisions on the spur of the moment based on emotions and should be as rational as he can. Controlling your impulses is the key to becoming a great forex trader.

5. Automate your processes

I am not suggesting you to rely completely on forex robots and trade copiers, but make use of the latest automation tech to execute transactions faster than ever before. Make use of automation features such as stop loss, price options etc. to make the most out of the exciting opportunities.

6. Keep it simple.

Not everyone can be a genius economist, mathematician and a trader, bundled into one. Forex trading is not a complex subject, you only need to arm yourself with positive thinking, and set yourself clear and realistic goals.

Conclusion

I hope this article was useful for you to learn about the key reasons why online forex trading is a good investment and how you can earn money through it. If you have any doubts with regards to this, let us know through the comments and we will be glad to help you out. If you have any suggestions regarding how we can improve the article, let us know them through the comments as well for us to improve.

Though it’s a reliable source of income, you will have to educate yourself properly before you start investing. It is important that you take the time to understand why things are the way they are before you jump all in and start making your first big bucks. All the best for your future ventures and keep coming for more interesting and useful articles.

Continue Reading

Invest

How to Achieve your Financial Goals by Sustainable Investments

Published

on

Sustainable Investments
Shutterstock Licensed Photo - By Romolo Tavani | https://www.shutterstock.com/g/romrf

No matter how you choose to invest your hard earned money, it can be difficult to achieve your financial objectives independently. After all, an estimated $5.3 trillion is traded on the forex market alone every single day, but not all of this goes towards successful investments. So, while you may have access to a wider range of investments than ever before in the modern age, this means little unless you have the expertise to optimize them. In this post, we’ll look at how you can achieve your financial objectives simply by managing your investments effectively and leveraging objective expertise in relevant fields.

Using Reputable and Skilled Financial Planning Experts

The key is to identify relevant and reputable experts, in relation to your core objectives and the precise asset classes that exist within your portfolio.

Aside from identifying accredited service providers, you need to partner with firms that make their unique value proposition clear. This, along with a clear list of services provided by the firm, help you to understand precisely what you will get in exchange for your investment.

If we consider a financial planning firm such as Tilney, for example, you’ll see that they have devoted an entire selection on their website to in-depth, wealth management guides. These cover everything from personalised investment management to tax efficient investment, while they also include detailed information on best practice and how the Tilney service helps you to achieve your goals.

The interesting thing about firms like Tilney and similar service providers is that they provide a comprehensive range of investment and financial management features, which may prove invaluable if you have a diverse portfolio of assets. In this instance, you’ll need to identify service providers that boast a broad base of knowledge and expertise, so that they can help your investments to flourish while providing assistance at every conceivable stage of the process.

Managing Estates and Future Financial Planning

The notion of managing investments at alternative stages is an interesting one, particularly as the value of your assets can depreciate at any time. From looking to invest your capital in the real-time market to organising your estate so that it can secure the financial future of your loved ones, it’s imperative that you retain access to a service provider that can provide seamless advice along the way.

Estate planning also places a heavy focus on your tax liability, as this can eat into your capital and diminish its long-term value. Make no mistake; industry experts can calculate your tax burden and reveal precisely how much you’re likely to pay on your estate, before suggesting viable ways in which this can be reduced. This type of investment management step can make a big difference to the value of your estate, enabling you and your beneficiaries to enjoy the fruits of your labour.

The Last Word

Ultimately, managing your investments over a sustained period of time is crucial to their success, and arguably as important as choosing the right asset classes in the first instances.

Without an expert partner to help manage your portfolio from inception to maturity, you may find that it is doomed to fail.

Continue Reading
Advertisement

Facebook

Trending