Swiss Bank to Traders: Here’s Some Hot Cocoa in Your Face

The Swiss central bank sucker punched the financial community by unlinking the Swiss franc from the euro. As a result, those who trade in currency markets saw huge gains or losses. And while some blamed the bank’s move for the ensuing market volatility, both U.S. and international stocks gained that day. But there are some very important lessons to take from last week’s events, and those lessons are best learned before fortunes are lost. Foreign currency futures are contracts that allow you to buy …

Tips for International Travel

Two back-to-back international trips this year — to Germany and South Africa — gave me a good reason to brush up on my world-traveler skills. Here are the main things I think about when I’m planning a trip abroad. Phoning home. How I am going to communicate? I mainly use Skype. It’s an easy, inexpensive way to make international calls. There are similar applications for phones, including Viber and WhatsApp, that allow you to text, call and send photos and …