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Whats The Best Investment

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If you were offered an investment with a guaranteed return of 900% a year or 10,000% over its lifetime, with no tax to pay, and which had a positive impact on the world, you would snap it up, right? Well this is the sort of return you can get by installing low energy lighting inside and outside your home.



Let's look at some of the figures. Energy saving bulbs now cost from around £1 each. If you replace a bulb that you use for around 3 hours a night, then you save about £9 a year on your annual electricity bill. Because they last much longer, according to the Energy Saving Trust each low energy light bulb can save you up to £100 in electricity bills over its lifetime. If you add up all the light bulbs and fittings in your house, this adds up a surprisingly large saving.

Plus the benefits aren't only financial. Something as simple as using low energy bulbs can have a big impact on your personal contribution to Climate Change, by reducing the carbon dioxide emissions you are responsible for. Each bulb on its own will save up to half a tonne over its lifetime. If you replace 10 old-style bulbs in your house that you use for 2 hours a day with low energy bulbs, you will save around a quarter tonne of carbon dioxide each year.

Finally, low energy light bulbs save you time and effort. Because they last around 10 times longer than normal bulbs, when you switch to low energy bulbs you won't have to get the ladder out so often to replace bulbs that have blown.

So why isn't everyone making the change to low energy bulbs? Sadly too many of us are creatures of habit, and just carry on buying the same bad bulbs we always have. But now with the wide range on offer, and recent developments which have made low energy bulbs perform just as well as old-style bulbs, it makes sense to change all your bulbs straight away.

It does take a little effort to make the switch at first. First you have to go round your house and write down a list of the bulbs you currently use – including wattage (60w, 100w etc.), type of fixture (screw, bayonet etc), size and colour (e.g. are they toned?)

Next you have to work out the wattage for a low energy bulb that matches the wattage of your current bulbs (for example a 20 watt low energy bulb gives off the same light as a 100 watt old-style bulb). You can find simple tables that can help you do this on the Internet at sites like http://downwithco2.com.

Once you have worked out the bulbs you need to buy, you can then go shopping. There are many retailers of low energy bulbs on the Internet, or now they are commonly available in supermarkets or hardware stores.

Plus you can also save a lot of money by installing more energy efficient lighting outdoors. Just a few outdoor lights left on each night can double your household lighting bill and your greenhouse gas emissions. The best solution is to fit daylight and movement sensors so outdoor lights switch on when they're needed, but don't waste electricity. This also improves your home's security, as you can tell when someone is approaching the house.

For outdoor lights that must stay on for long periods, use energy efficient, compact fluorescent or LED lamps and choose the lowest wattage lamp that gives enough light. In the garden, you can now buy solar powered garden lights that use no mains electricity and so produce no emissions when used. Plus you don't need to wire up your garden to get lighting.

So now you have seen all the benefits of low energy lighting, it really does make sense to make the switch as soon as you can.
What's The Best Investment
When you write for an investing site, you see them all the time. You hear from the subscribers who are looking for that one stock pick they can invest their $500 in that is going to make them rich. Or ones who say they have a foolproof investing system, only to find that their method only works when the market is bullish. Notice there aren't as many day trading or investing systems as there were back in the late 1990's?

What you never see enough of though are investors who have an investment plan. A clear set of rules dictating when they will buy, how long they will hold, and where their stop loss is. This is what separates the successful investors from the rest. The cost of this investment strategy? A few minutes!

Its not difficult to get caught up in the emotion of investing in the stock market. The joys of when our research pays off with a profit, and the anguish and despair when we have to go against our own logic, and place that sell order. We've all been there. Unfortunately, we've done that a lot.

Its key to remember that the best investing strategy is capital preservation. While it makes sense when you read it, how many times have you watched a $200 loss turn into a $500 loss just because you thought for sure it would move higher? How many times have you turned that $500 loss into something worse?

A 50% loss means you need to make a 100% gain just to break even. While the world of investing in penny stocks provides opportunities, not many of them will give you a 100%. In the world of medium to large caps, it takes a long time with a successful company to get that 100% return.

QUit turning your small losses into larger losses.

Lets look at what you should include in your investment plan:

a) Starting capital. Its key to know how much capital you are putting at risk today. Its possible that you may invest in a company, only to learn later on that day that its shares are being delisted. Just because you invest $10 000 at the start of the day, doesn't mean you will go home with that same amount. You need to set an amount that you are comfortable with. Capital preservation.

b) How much money are you prepared to lose per trade. Good traders ask themselves this question before they trade. If you are prepared to lose $500 today, establishing where to set your stop loss becomes easier.

c) Where is your stop loss? Are you basing your stop loss on share price? Are you basing your stop loss on the amount you are prepared to lose today? Are you basing your stop loss on a percentage of the trade or a percentage of your trading capital? What is your plan for a trailing stop loss?

d) Entry - where are you entering the trade? Is it based on a price? Are you trying to time the bottom? Are you placing a stop buy to take advantage of momentum? Was there news this morning?

d) How'd you sleep last night? If you are having one of those days where you wish you just stayed at home, then you should turn off the computer. Emotions will be running high, and you will make trading decisions based strictly on emotion, not your investment plan.

e) Duration of the trade. How long are you willing to stay in? If you are making a day trade, make it a day trade. Don't justify holding a position for the long term if the stock doesnt move in the direction you want it to.

There's the best investment advice that anyone can offer you. And it didnt cost you anything, but may save you thousands of dollars.
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About Author
Both Alex Perry & Christopher Smith are contributors for EditorialToday. The above articles have been edited for relevancy and timeliness. All write-ups, reviews, tips and guides published by EditorialToday.com and its partners or affiliates are for informational purposes only. They should not be used for any legal or any other type of advice. We do not endorse any author, contributor, writer or article posted by our team.

Alex Perry has sinced written about articles on various topics from Home Management, computers and the internet and Employment Law. . Alex Perry's top article generates over 165000 views. to your Favourites.

Christopher Smith has sinced written about articles on various topics from Home Management, Finances and Botox. - learn about the hottest penny stocks that will make the difference in your investment portfolio.. Christopher Smith's top article generates over 450000 views. to your Favourites.
Buy Property In Brazil
The positive aspect is that a series of payments at regular intervals over a period of time allow you to redistribute your budget in other directions as well helping you to avoid a financial effort w...
 
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