Jump to content

Welcome to the new Traders Laboratory! Please bear with us as we finish the migration over the next few days. If you find any issues, want to leave feedback, get in touch with us, or offer suggestions please post to the Support forum here.

  • Welcome Guests

    Welcome. You are currently viewing the forum as a guest which does not give you access to all the great features at Traders Laboratory such as interacting with members, access to all forums, downloading attachments, and eligibility to win free giveaways. Registration is fast, simple and absolutely free. Create a FREE Traders Laboratory account here.

forrestang

Any Good Charities You Guys Know or Participate In?

Recommended Posts

Howdy,

 

Something I've always fantasized about doing was being able to give regularly to various charities that do work I agree with or appreciate. Recently, as in a few months ago, I started giving regularly to an organization named "Cross International." They help orphans in various countries, right now they are mainly participating in Mozambique and other places in that region. At least thats what it's been since I've begun donating.

 

I'm sure I help out as much as I can, and I can do more. Also it's not like I have boatloads of cash laying around like I hope one day and I would be able to be more active. So maybe I should look to donate my time if possible as well.

 

I would also like to find more charities that contribute in various ways in the states as well. So I figured anyone else that enjoys helping others when they can have other charities they like to help out? Wether it be ways to be involved locally or abroad, post up if you don't mind talking about it.

 

I'm relatively new at this, so I've always been worried about scammers etc, or charities that may not be providing the help they claim to provide. So any insight on ways to weed out the fraudulent charities as well may be helpful to talk about here.

 

I'd like to keep this post open ended with regards to helping others, so post up any experiences or insights you have.

Edited by forrestang

Share this post


Link to post
Share on other sites

The local food shelf is usually about as good as it gets as far as percentage of overhead, etc. I know in our little town here it is all volunteer so it is 100% going where it is supposed to and their buying power is impressive. A dollar given to them amounts to a lot.

 

I know we tend to think of people here who go to food shelves as being bums sponging off the system, and I'm sure there are flaws in every system, but a couple years ago I was facing a tough time and thought, it could easily be me as well as anybody in those lines. I started writing them a monthly check and it has helped me considerably.

 

There are numerous programs like "Big Brother" or mentoring programs to volunteer for. I have always enjoyed coaching little league baseball and I have been involved heavily building a youth recreation facility in our town, (these are things rural communities have such a hard time paying for, so lots of volunteer time needed).

 

I have spent time thinking about charities to give too around the world and then I realized there are things to do right in my back yard. People need help all over and there are lots of kids who need role models.

 

We also have a couple people we sponsor through a Catholic Church program. I think it is a pretty good program but you never know. I can't remember the name of the program, my wife writes that check...

 

Good topic.

Share this post


Link to post
Share on other sites

charitable giving can be a very personal subject and I have a few rules that I apply in a general sense, and dont have any favourites.

I usually give to....

local charities rather than global ones. eg; bush fire brigades, volunteer organisations for the elderly.

charities that actually change perceptions or improve conditions such that they 'self empower' people to help themselves.

larger charities that can prove they are properly managed, and the money does not go into administration.... its sometimes scary seeing how little money gets to the actual cause

I also often sponser friends if they are doing a walk or run or something when they are trying to raise money for a particular cause.

 

I usually try and avoid charities that try and cure medical conditions just so that we can live a little longer than normal....purely personal.

Share this post


Link to post
Share on other sites

Some personal notes on charity:

 

Starting close to home, my wife has been a community leader in ameliorating hunger in our community. In addition to being a member of the board of the Hunger Task force, she co-founded our community's rescued foods program working with the state legislators to provide protection to the donors with a Good Samaritan law. The lesson: besides money, donating of your time is a great idea.

 

When solicited by charities it is always a good idea to know their performance with respect to administration and fund raising costs. I check the following online site:

 

Charity Navigator - Your Guide to Intelligent Giving

Share this post


Link to post
Share on other sites

Kiva is a great way to give back to communities.

 

people who are less fortunate who struggle to get the funds together from an institution to start a business, use funds donated through Kiva and then repay the funds over a period of time. this enables you to re lend the money to another entrepreneur and the cycle continues. the local lender charges interest to the person at reasonable rates, but you get your principle back.

 

anyway check it out if you are interested. it is all on this site

 

cheers

 

Kiva - Loans that change lives

Share this post


Link to post
Share on other sites

Over the years, I have attempted to narrow down just where I want to donate to. It is far too easy to be overtaken with the magnitude of those wanting something. I have two areas where I donate on a regular basis.

 

One, is the Sick Kids hospital here in Canada. They do outstanding work when it comes to the most vulnerable, the children. It tugs at the heart when these little people have yet been able to experience much before being stricken. Whatever befalls a child, is not fault of their own. For me, that is extremely worthwhile.

 

Second, is an organization that stands up for the creatures in the oceans. Man has absolutely ruined the chain of life in the waters. From the near extinction (and still hunted) of the blue fin tuna, the disgusting ritualistic killing of pilot whales in the Faeroe Islands and a host of other predatory activities by man in the oceans, man should be ashamed. When the oceans die, we shall follow. Sea Shepherd is a organization that defends.

 

For me, those two fit well into my makeup.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.


  • Topics

  • Posts

    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • TDUP ThredUp stock, watch for a top of range breakout above 2.94 at https://stockconsultant.com/?TDUP
    • NFLX Netflix stock watch, local support and resistance areas at 838.12 and 880.5 at https://stockconsultant.com/?NFLX
    • Date: 8th April 2025.   Markets Rebound Cautiously as US-China Tariff Tensions Deepen     Global markets staged a tentative recovery on Tuesday following a wave of volatility sparked by escalating trade tensions between the United States and China. The Asia-Pacific region showed signs of stability after a chaotic start to the week—though some pockets remained under pressure. Taiwan’s Taiex dropped 4.4%, dragged lower by losses in tech heavyweight TSMC. The world’s largest chipmaker fell another 4% on Tuesday and has now slumped 13.5% since April 2, when US President Donald Trump first unveiled what he called ‘Liberation Day’ tariffs.   However, broader sentiment across the region turned more positive, with several markets rebounding sharply after Monday’s dramatic sell-offs. Japan’s Nikkei 225 surged over 6% in early trading, rebounding from an 18-month low. South Korea’s Kospi rose marginally, and Australia’s ASX 200 gained 1.9%, driven by strength in mining stocks. Hong Kong’s Hang Seng rose 1.6%, though still far from recovering from Monday’s 13.2% crash—its worst day since the 1997 Asian financial crisis. China’s Shanghai Composite added 0.9%.   In Europe, DAX and FTSE 100 are up more than 1% in opening trade. EU Commission President von der Leyen repeated yesterday that the EU had offered reciprocal zero tariffs on manufactured goods previously and continues to stand by that offer. Others are also trying again to talk to Trump to get some sort of agreement that limits the impact.   Much of the rally appeared to be driven by dip-buying, as well as hopes that the intensifying trade war could still be defused through negotiations.   China Strikes Back: ‘We Will Fight to the End’   Tensions reached a boiling point after Trump threatened to impose an additional 50% tariff on all Chinese imports unless Beijing rolled back its retaliatory measures by April 8. ‘If China does not withdraw its 34% increase above their already long-term trading abuses by tomorrow... the United States will impose additional tariffs on China of 50%,’ Trump declared on social media.   If implemented, the new tariffs would bring total US duties on Chinese goods to a staggering 124%, factoring in the existing 20%, the 34% recently announced, and the proposed 50%.   In response, China’s Ministry of Commerce issued a stern warning, stating: ‘The US threat to escalate tariffs is a mistake on top of a mistake... If the US insists on its own way, China will fight to the end.’ The ministry also called for equal and respectful dialogue, though signs of compromise on either side remain scarce.   Beijing acted quickly to contain a market fallout. State funds intervened to support equities, and the People’s Bank of China set the yuan fixing at its weakest level since September 2023 to boost export competitiveness. Additionally, five-year interest rate swaps in China fell to their lowest levels since 2020, indicating potential for further monetary easing.   Trump Talks Tough on EU Too   Trump’s hardline approach extended beyond China. Speaking at a press conference, he rejected the European Union’s offer to eliminate tariffs on cars and industrial goods, accusing the bloc of ‘being very bad to us.’ He insisted that Europe would need to source its energy from the US, claiming the US could ‘knock off $350 billion in one week.’   The EU, meanwhile, backed away from a proposed 50% retaliatory tariff on American whiskey, opting instead for 25% duties on selected US goods in response to Trump’s steel and aluminium tariffs.     Volatile Wall Street Adds to the Drama   Wall Street experienced wild swings on Monday as investors processed the rapidly evolving trade conflict. The S&P 500 briefly fell 4.7% before rebounding 3.4%, nearly erasing its losses in what could have been its biggest one-day jump in years—if it had held. The Dow Jones Industrial Average sank by as much as 1,700 points early in the day but later climbed nearly 900 points before closing 349 points lower, down 0.9%. The Nasdaq ended up 0.1%.   The brief rally was fueled by a false rumour that Trump was considering a 90-day pause on tariffs—rumours that the White House quickly labelled ‘fake news.’ The market's sharp reaction underscored how desperate investors are for any sign that tensions might ease.   Oil Markets in Focus: Goldman Sachs Revises Forecasts   Crude prices also reflected the uncertainty, with US crude briefly dipping below $60 per barrel for the first time since 2021. As of early Tuesday, Brent crude was trading at $64.72, while WTI hovered around $61.26.   Goldman Sachs, in a note dated April 7, lowered its average price forecasts for Brent and WTI through 2025 and 2026, citing mounting recession risks and the potential for higher-than-expected supply from OPEC+.       Under a base-case scenario where the US avoids a recession and tariffs are reduced significantly before the April 9 implementation date, Goldman sees Brent at $62 per barrel and WTI at $58 by December 2025. These figures fall further to $55 and $51, respectively, by the end of 2026. This outlook also assumes moderate output increases from eight OPEC+ countries, with incremental boosts of 130,000–140,000 barrels per day in June and July.   However, should the US slip into a typical recession and OPEC production aligns with the bank’s baseline assumptions, Brent could retreat to $58 by the end of this year and to $50 by December 2026.   In a more bearish scenario involving a global GDP slowdown and no change to OPEC+ output levels, Brent prices might fall to $54 by year-end and $45 by late 2026. The most extreme projection—based on a simultaneous economic downturn and a full reversal of OPEC+ production cuts—would see Brent plunge to below $40 per barrel by the end of 2026.   Goldman noted that oil prices could outperform forecasts significantly if there was a dramatic shift in tariff policy and a surprise in global demand recovery.   Cautious Optimism, But Warnings Persist   With both Washington and Beijing showing no signs of backing down, markets are likely to remain volatile in the days ahead. Investors now turn their attention to upcoming trade meetings and policy decisions, hoping for clarity in what has become one of the most unpredictable trading environments in recent years.   Always trade with strict risk management. Your capital is the single most important aspect of your trading business.   Please note that times displayed based on local time zone and are from time of writing this report. Click HERE to access the full HFM Economic calendar.   Want to learn to trade and analyse the markets? Join our webinars and get analysis and trading ideas combined with better understanding of how markets work. Click HERE to register for FREE!   Click HERE to READ more Market news.   Andria Pichidi HFMarkets   Disclaimer: This material is provided as a general marketing communication for information purposes only and does not constitute an independent investment research. Nothing in this communication contains, or should be considered as containing, an investment advice or an investment recommendation or a solicitation for the purpose of buying or selling of any financial instrument. All information provided is gathered from reputable sources and any information containing an indication of past performance is not a guarantee or reliable indicator of future performance. Users acknowledge that any investment in Leveraged Products is characterized by a certain degree of uncertainty and that any investment of this nature involves a high level of risk for which the users are solely responsible and liable. We assume no liability for any loss arising from any investment made based on the information provided in this communication. This communication must not be reproduced or further distributed without our prior written permission.
    • CVNA Carvana stock watch, rebound to 166.56 support area at https://stockconsultant.com/?CVNA
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.