Stories in Trader that you’ll love, handpicked by our team.
12 Money Goals You Must Achieve Before the Age of 40
You could be travelling the world, living on an exotic island with the sun beaming and the beer flowing in twenty years, or simply enjoying life at home.
Who Let The Doge Out? — A 101 on Behavioral Finance
In 2021 we witnessed multiple historical events in the financial markets. First, we had the whole Gamestop fiasco, then bitcoin soared above $60,000, and finally, a joke currency Dogecoin went mainstream.
Tips to Save Money Even When Funds are Tight
Many people want to have money in their savings accounts. This allows them some type of financial stability. Then, if something happens, they have money to use for whatever needs to be done. They don't have to reach for their credit cards to fix their car or replace an appliance in their home. They have money on hand to do that!
4 Sneaky Habits Which May Be Hurting Your Finances
We all want to achieve financial freedom but that goal sometimes feels elusive. For some, increasing their income seems to be the only solution.
What do Your Favourite Personal Finance YouTubers Have in Common?
Personal finance Youtubers have really changed the way that we manage our money. In the past, obtaining financial advice would have probably been much harder with the need to seek out a costly financial expert and the challenges of accessibility to get one. Additionally in the past, personal finance was quite a taboo subject that no one really talks about, hence most people do their best with what they have.
What’s the Difference Between Investing, Speculative Trading, and Gambling?
It is dangerous to confuse investing, trading, and gambling! You've heard the stories. You've seen the news. People spending their money in casinos, mortgaging their houses to buy Bitcoin, and blowing hundreds of dollars on the lottery.
What’s The Hype About FIRE?
Well First, What is Financial Independence? Let’s keep this in mind first: There is no FIRE movement without discussing financial independence! Having the ability of work flexibility or being work-optional are cornerstone benefits worth aiming for. These days, many people are coming to the conclusion that working 40–60 hours a week for 40+ years is no way to live a full, enjoyable life. To combat this, people will need to build their wealth. Acquiring assets build your wealth over time, which in turn, creates financial freedom. Assets are investments that provide the required passive income needed to be free from waiting on a traditional paycheck.
Investing in the Stock Market: Beginners Advice
Investing is a great way to have your money work for you. After a few long term investments, you can reap the rewards. Whilst you've been sleeping, your money has been hard at work. Investing is a way to create a better, happier life for yourself. The goal is to make your money grow over time. For this to happen, you need to practice being patient whilst also staying calm. The stock market can be highly volatile, be careful; only invest what you can afford to lose.
What Squid Game Teaches Us About Money
Spoiler Alert: This article contains some major spoilers Squid Game is the latest South Korean Netflix hit which everyone is raving about. It was so intense; I binge-watched the whole series in 4 days with literally a gaping mouth. This was especially so when a giant robot doll started blowing out the brains of losing players in a simple game of ‘Red Light, Green Light’.
Are you scrimping and saving in all the wrong places?
What does it mean to be penny-wise but dollar stupid? We all want to save money, but sometimes our money-saving strategies lead to costly financial mistakes down the line.
5 Metrics to Know If a Stock Is Right for You
Before we start, you should know that none of the following metrics are useful as a single method of valuation; you may need to combine all of them to get a broader and better view of a stock’s worth.
17 Quick and Simple Investing Tips from a Financially Free 30-Something
Let's just dive right in, shall we? 1. Don't overthink it Investing does not have to be complicated. Myriad studies have shown that the simplest investment strategies are the most robust and deliver you the best returns.