Stories in Trader that you’ll love, handpicked by our team.
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.Rejoice DenherePublished 12 months ago in Trader
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 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.TheBusinessPeriod
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’.Lesley Tao
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.Chelsea Rose
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.FlexInvest
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.Sam Dixon Brown
Things I Wish I Learned in School: Credit Cards
Do you ever look back at your school days and wonder what was the point of learning a lot of the topics that were taught? All the things you learned that are not useful in everyday life? Things that are useless, or maybe useful for short periods of time. So where are people expected to learn the basics of everyday life? Things like how to do your taxes, how to invest, how to buy a home, and how to use a credit card. Things that are important to know, but not taught in school.Success Squad
My Next Life-Changing Stock Pick? I Think So..
What happens to batteries from phones, electric vehicles, power tools, etc. at the end of their life? Up until 2017, virtually nobody was recycling or recovering the precious metals found in end-of-life lithium ion batteries. Instead, companies paid huge dumping fees to convert these batteries to waste. In a world where the materials needed to create batteries are scarce and in high demand, this makes no sense. Fortunately, companies like Li-Cycle (NYSE:PDAC) identified this problem and got to work.
How To Make Your Largest Asset Work for You
For most people, their mortgage payment is the largest recurring debt payment they make each month. But what if, instead of needing to earmark part of your take home pay for that, your house paid for the mortgage itself? Anything left over after the mortgage payment comes to you as a bonus.Jennifer Dunne
Meet My $50,000 Penny Stock Investment | Interview w/ Creatd CEO Jeremy Frommer
Being a creator and public figure myself, I was able to see what Vocal already provides, and what it could become. My investment in Creatd, the owner of this platform Vocal, started with a $20,000 investment that you can see here. As time has gone on, this investment has grown to a total amount of ~$50,000 thanks to share price appreciation in addition to me buying additional shares of the company.