personal finance
The ABCs of personal finance and investing; how to invest wisely and grow your wealth.
Unveiling the Thrilling World of Forex Trading: Conquer the Markets and Unleash Your Potential
In this electrifying article, get ready to plunge into the heart of Forex trading and embark on an adrenaline-fueled journey like no other. Prepare yourself for a comprehensive exploration of the Foreign Exchange Market, where every trade holds the potential for untold riches and thrilling adventures.
Gregg EnosPublished 2 months ago in TraderOffsetting an X% Loss in Your Portfolio Requires a Greater than X% Gain
I recently wrote an article about how it is important to minimize losses in your portfolio and provided a few tools to limit the magnitude of those losses:
Sudhir SahayPublished 2 months ago in TraderRetirement Income Streams: Beyond Traditional Pensions
Retirement has traditionally been associated with the end of one's working life and the beginning of a well-earned period of relaxation and enjoyment. However, in today's rapidly evolving economic landscape, the concept of retirement income streams has expanded far beyond the traditional pension plans that once dominated the scene. With changing demographics, longer life expectancies, and shifting employment patterns, retirees are increasingly seeking diverse sources of income to sustain their lifestyles in retirement.
Brooklynn Chandler WillyPublished 2 months ago in TraderSpread Betting on Shares
Spread betting has emerged as a compelling choice for short-term investors, presenting numerous advantages over traditional market betting methods. Recent shifts in capital gains tax and lower interest rates have further intensified the appeal of spread betting for short-term investors. Notably, the absence of stamp duty on trades adds to its allure, creating an additional incentive for those seeking to navigate market fluctuations more efficiently.
Alex JohnsonPublished 2 months ago in TraderIncrease your Sales Price and Profit by Selling Stocks with Covered Call Options
Bull low, sell high. That’s the holy mantra for investors who want to maximize return. But, how do you do that? Last week, I wrote an article about how to reduce your entry point for investments — i.e, buy low — using put options.
Sudhir SahayPublished 2 months ago in TraderUse Cycles to Identify Investment Opportunities
Great investors pay close attention to the cycle. They may not be able to predict its timing, but know the next stage is coming. They understand that leaning against the force of time is a dangerous game. - Frederik Gieschen
Sudhir SahayPublished 2 months ago in TraderEffective Strategies to Save Money and Achieve Financial Goals in 2024
Learn effective strategies for saving money in 2024 by managing your mindset and budgeting, cutting expenses, implementing smart spending strategies, setting financial goals, building an emergency fund, investing for savings growth, and following the priorities of FP&A leaders.
Timothy A RowlandPublished 2 months ago in TraderA Guide to Slash Daily Expenses and Boost Savings
Learn smart money-saving strategies to cut down on daily expenses and save money for long-term financial stability. Smart Ways to Cut Down on Daily Expenses and Save Money
Timothy A RowlandPublished 2 months ago in TraderSetting Financial Goals and Building Wealth
*Please note: I am not a financial advisor. This is personal insight and information and is not to be taken as professional advice.
Timothy A RowlandPublished 2 months ago in TraderReduce your Entry Price by Buying Stocks with Put Options
“You make your money when you buy” Buy low, sell high: that’s the simple way to maximize investment returns. The hard part, of course, is being able to execute on this simple adage.
Sudhir SahayPublished 2 months ago in TraderStock Trading - Entry 15
I still say I got lucky with a one-day delay in a money transfer since that left me with $95 dollars to spend. To keep my portfolio balanced and to make it easy to recover the trading fee, I need to acquire at least 600 stocks in a given company in one shot. This put me square into penny trading and venture capitalist territory. (Again, I am writing what I thought based on what I found and this is NOT advice.)
Richard SoullierePublished 2 months ago in TraderStock Trading - Entry 14
Seed money means stock shopping time, which means I am back to square one with money in the bank. Where to start? With myself, of course. (And bear in mind that this is NOT advice. I am only illustrating what is going through my mind when I look at the stocks I mention.)
Richard SoullierePublished 2 months ago in Trader