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Why Is NAS100 So Popular To Trade In South Africa



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Forex has taken over all other traditional methods of trading. In one decade, it has garnered more than 9.6 million users. Although it has become a huge name, many people are still unfamiliar with it. Forex Trading has several benefits. One of the biggest is that you can trade from the comfort of your home with a smartphone or laptop. Also, you can trade from anywhere with any market in the world. Since there are no geographical restrictions, Forex’s popularity varies with different regions. South Africa is one of the biggest names when it comes to this online currency exchange. 

There are various stock market indexes in Forex. They all have different prices and are availed by different brokers. To invest in certain stocks, you need to invest with a brokerage house that has it available. The popularity of indexes is not the same in every region. In South Africa, the top choice among people is NAS100. There are several reasons why it is so popular.

People outside of the region have this question that why is NAS100 so Popular to Trade in South Africa? We have collected some of the most important reasons which explain why it is so. So, let’s get started. 

4 Reasons Why NAS100 is so Popular in South Africa

Before going straight into the reasons, it is better to provide an overview. Beginners who do not know the different stock market indexes might know NAS100 by the name of Nasdaq 100 or US Tech 100. It is one of the most popular indexes, not only in South Africa but also all over the globe. That is because it is also one of the earliest. First introduced in 1985, it has been very common in currency trading. It is sometimes also known as NDX. 

With that said, you might have a clearer picture in your mind about the index. Now, let’s look at the reasons which explain its popularity. 

  • The Trusted Reputation

There is a reason it is also called the US Tech 100. That is because it houses some of the biggest tech companies in the world. Huge names like Google, Amazon, Apple, Microsoft, and Facebook are all exposed to Nasdaq 100. It gives the index a positive rating and makes it an option worth choosing. 

And, that is not it. Nas100 is also exposed to the health sector. It has ties with some of the biggest biomedical companies, including Gilead, Amgen, and Regeneron. During last year, Gilead was very famous due to its contribution to solving the global Covid-19 pandemic. This added even more points to its reputation throughout the world, especially in South Africa. 

Due to its track record with the largest companies, people consider it a safe option to invest in. Most other popular indexes are not in the tech or health sector, like Nasdaq 100, which has a 40% exposure in the mentioned fields. 

  • Performance in the Last Decade

It is important to consider how well an index has performed in the last few years before investing in it. As for the US tech 100, it has seen its ups and rare downs. If we take a look at its performance in the last years, we can understand why it is a choice of many people in South Africa. 

  1. In 1995 – 2000, its prices went up and so did its popularity. 
  2. However, 2000 – 2010 saw a significant loss. People stopped investing in it, so it went negative for the whole decade.
  3. NAS100 recovered quickly during 2010 – 2020 and had another massive boom. This was the time when it became the most popular in the region. 

It is a major reason why traders in South Africa invest in it due to its performance in the last decade, which is only going higher and higher. 

  • Benefits for South African Traders

Not every country has the advantage of leverage. In South Africa, there is ‘Contract for differences’ that provides the traders a considerable advantage. Users can trade with a larger amount than actual deposits. It means they need to spend less money and have chances to make bigger profits. 

Similarly, South African traders can buy Nasdaq 100 without purchasing the securities. It is also beneficial for brokers who offer the index. That is one of the main reasons brokerage houses aim for South Africa when they are looking for different regions. 

It is very helpful, especially for new traders. Since they are hesitant to invest a large amount of money, they can use CFD  to invest in an index without spending too much money and still predict larger profits. 

  • Upper Hand Over Other Indexes

Other than Nas100, some of the other popular indexes are S&P500 and DOW Jones. Nasdaq 100 has many features that outweigh its competition. For instance, its contribution to the health, energy, and tech sector. 

Another important factor is the higher volatility than other indexes. Volatility is the measure of the market’s price changes. It shows how the price of an index will rise or fall depending on the market prices. 

Compared to other indexes, Nas100 has shown to have a higher volatility measure, meaning it will have more changes in its price. So, people have more chances to get lucky and win larger profits.

Why Should You Invest in Nas100

These reasons are also enough to convince someone why they should invest in Nas100. Plus, its popularity shows that it is not going down anytime soon. Experts recommend this index, especially for beginners. So, they can start their career with a safe and reliable option. 


If you are a newcomer in Forex, knowing what’s trending in the market is best. The reasons mentioned above will help you understand why to choose Nasdaq 100  from the countless other options in the ever-growing stock market. However, in the end, the choice is yours. Whether it is about selecting the right index or broker, it is best to have some research. 


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How to Hire a CEO for Your Business



How to Hire a CEO for Your Business

The rule of thumb says to hire a CEO when your business becomes too big for you to manage as a single executive. But like a lot of rules of thumb, it’s not a very helpful piece of advice. The truth is that the optimum time for hiring a CEO is different for every business.

As a business owner, hiring a new CEO might be at the top of your to-do list. But first, you need to know what makes a great CEO and what qualifications the successful candidate must have. Read on to learn more!

Craft an Ideal Job Description

When crafting an ideal job description for hiring an executive for your business, it is important to identify and articulate the vision, mission, and values of your company. Outline the job responsibilities and key performance indicators. Make sure to be specific about the job duties and the expected outcomes.

Describe the relationships the CEO will need to form and maintain, such as investors, clients, partners, and the board of directors. Describe the skills the successful candidate will need including problem-solving and decision-making.

Sum up the job description with any additional skills and experience that would impact the success and the company culture.

Know Where to Look for Potential Candidates

When looking for a new CEO, then you must have a better understanding on what is executive recruiting. Moreover, you must know where to find the right candidates.

Search online job postings and look for candidates that match your criteria. After researching potential applicants, use traditional methods of reaching out to fill the CEO position. Contact headhunting firms, executive search firms, and consultants who specialize in finding top-level executives.

Finally, network with those in the industry and attend conferences. Leveraging your personal and professional connections is a proven way of finding the perfect CEO to lead your business.

Outline the Necessary Qualifications

An ideal CEO should have a track record of delivering results in their previous roles, as this is often the best predictor of success. Leadership, team building, and communication skills should also be key requirements of the job.

Additionally, the ideal candidate should have related industry experience, including dealing with industry-specific challenges, whether they are technological, financial, or marketing related. Diversity of experience and background is also a plus, as this helps to bring new perspectives and ideas to the table.

Prepare the Offer and Close the Deal

Once a suitable candidate has been selected, it is time to prepare the offer and close the deal. This includes terms of employment including salary, bonus opportunities, and other benefits.

An important discussion should also include items such as the length of employment, vacation time and time off, and grounds for termination.

Are You Ready to Hire a CEO?

With your expanding business, it is about time to hire a CEO to make things much easier on your end. Overall, hiring a CEO for your business is an important aspect to consider.

To find the best fit for your business, be sure to take your time, establish streamlined processes, and thoroughly vet the applicants. Don’t forget to take your business goals and culture into account as you determine who can help your business get to the next level.

Was this helpful? If so, please keep reading for more great content.

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5 Interesting Job Options in the Insurance Industry



5 Interesting Job Options in the Insurance Industry

The insurance industry is one that is always growing, changing, and innovating. Insurance professionals are some of the most well-traveled people.

Besides traveling for work, insurance professionals get to work in a field that helps communities and individuals of all varieties.

Most people know the general thought of insurance professionals. There are a lot of best job options within the insurance industry. Read further to learn more about some interesting job options in the insurance industry.

  1. Insurance Underwriter

Insurance underwriters need good communication and people skills. They work with clients and assess their financial status, current investments, and other forms of risk they may have to insure. They need a broad range of expertise, including legal knowledge, financial analysis, and sales.

They must be able to understand the cost of potential risks and be willing to accept or reject them. They serve a vital role in the insurance industry, helping to protect clients and insurers alike.

  1. Insurance Broker

They are the one who examines policy documents and helps their client to understand the insurance coverage. While researching the best carriers to ensure they get the best insurance coverage. Also, they assess potential risks associated with their current policy.

They understand the insurance industry inside and out. Researching more about life insurance training is helpful to expand their knowledge of the field. Insurance brokers also keep their clients up to date on any relevant laws or regulations that could affect their policy.

  1. Loss Control Consultant

They review safety protocols and analyze data related to previous losses. They also help to establish more comprehensive measures to detect, prevent, and resolve potential losses. They act as consultants for the client and are able to identify and check risks in their environment.

Also, providing guidance and recommendations to reduce the risks associated with business operations. They must also stay up to date with industry trends and standards to provide accurate advice to their clients.

  1. Claims Adjuster

They check insurance claims for validity and fairness. This is to ensure that claimants receive accurate payments from insurance companies. A claims adjuster needs to be detail-oriented and be able to work.

The job requires excellent oral and written communication, so claims adjusters must be able to collaborate with claimants, supervisors, and other stakeholders. Working hours are flexible, but claims adjusters may be dealing with charged and stressful situations.

  1. Loan Processor

A loan processor handles verifying loan documents, such as pay stubs, bank statements, and credit reports, to make sure they are accurate and up to date. Once the documents confirm, they need to calculate and enter the borrower’s loan figures, such as interest rates, terms, and loan payments, into the computer. Finally, they also need to ensure that the loan meets the company’s industry policies, procedures, and regulations.

Exploring Different Insurance Job Options

The insurance industry offers a vast range of interesting job options with good salaries. These range from customer service roles to actuarial and IT roles.

Make sure to do some research before applying, as insurance roles come with specific requirements and qualifications. Whatever your career goals, the insurance industry can offer something for you.

Thanks for reading our article! Want to learn more about getting a good job? Check out our other guides, tips, and tricks today.

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How to Protect Industrial Oil Storage Containers



How to Protect Industrial Oil Storage Containers

Did you know that the United States of America uses more than 19 million barrels of oil each day? Industrial oil storage containers are among the most important components when it comes to the fuel that Americans use to heat their homes and to power their automobiles. Learning the basics of oil storage plays a big role in ensuring that the oil you’re storing remains in perfect condition.

While having a great oil container is a great start, you should also look at investing in a geodesic dome to help the environment. The good news is that you’ve found the right guide to learn about the different tips that you can use when you’re handling industrial storage and working in the oil industry.

Keep reading this article to learn more today!

Create a Storage Area

The best way to handle oil storage is to create a large area that is controlled where you can store oil or other chemicals. Taking this step is important because it prevents contamination of the oil that you’re storing. A big issue that the oil industry faces is finding ways to keep contaminants, dust, and debris from getting into the oil without the vapor causing damage to the environment.

Getting an aluminum geodesic dome is a great option for keeping your oil in great condition during industrial storage. It prevents contamination while also cutting down on the hazardous vapors escaping the storage area.

Always Keep Lids Secure

Another thing that you can do to keep your oil container in top-notch condition is to always keep the lid secure. It’s never a good idea to try to create a makeshift lid for industrial oil storage containers. The environmental factors will cause the barrel to expand and contract, and this process could pull contaminants into the oil through the makeshift lid.

Avoid Sunlight

Sunlight is damaging when it comes to industrial oil, so it’s important to ensure that you’re storing the oil container out of direct sunlight for the best results. Look for cool and dark locations that you can use. A geodesic dome is one of the best solutions that you can use on the market.

Stack Oil Containers Carefully

It’s best to store your oil containers above ground as this will prevent damage to your floor and stop the oil from becoming contaminated. Invest in raised platforms where you can stack your oil storage. Consider using a forklift to move the barrels around for optimal worker safety.

Now You’re Ready to Protect Your Industrial Oil Storage Containers

Taking measures to protect your industrial oil containers is important if you’re working in the oil industry and you’re focused on industrial storage. It’s best to avoid direct sunlight for your oil container, and you should always use a forklift when stacking oil barrels. You should also look into a geodesic dome to prevent contamination with your oil storage.

Check out the rest of our blog if you’re looking for more helpful and fun content like this!

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