To live in abundance, having a decent income is not enough. You need to learn how to manage your money. Only a few people think about this, but knowledge of how to handle money properly is necessary and useful for everyone. These skills help, for example, to buy a house…
In trading on financial markets, numerous strategies and trading systems are employed to maximize profit. A significant portion of these strategies is based on trend-following — the directional movement of an asset’s price. However, to utilize them, a trader must answer a number of questions, such as how to identify…
With the record growth in Bitcoin and other cryptocurrency prices at the turn of 2020-2021, interest in investing in this industry has multiplied. Interest in digital assets increased even more after the end of the “crypto winter” and the market’s recovery, attracting even major financial market players. For instance, BlackRock,…
Today, crisis-proof assets are more relevant for investors than ever before. As the Covid-19 pandemic subsided, inflation in Europe and the US surged, prompting central banks to raise interest rates. The negative economic phenomena have yet to be overcome, and there are increasing talks of a potential recession. In such…
It’s no secret that investments can help achieve financial stability and meet personal goals. However, like any other endeavor, investing requires knowledge, skills, and experience. Valuable information can be found in books. Investment books offer valuable advice, strategies, and insights. Moreover, they can help you understand how the market works.…
After a sharp rise in inflation in the US and Europe, central banks were forced to start a cycle of interest rate hikes. This led to an increase in interest payments on both bank loans and deposits. For the first time in many years, rates moved away from near-zero levels.…
Investors use various methods and strategies to profit in financial markets. Many of them want to spend minimal time and effort studying the markets, opening and closing deals, and monitoring positions. We think you also want to know, how can you benefit from passive investments? What Are Passive Investments? Many…
When you decide to trade on the retail Forex market, the first thing you do is look for an intermediary company that offers favorable trading conditions, minimal costs (fees and commissions), and honest and transparent relations. You habitually call this company a broker, often without realizing that you are dealing…
Economic default of a country almost always signifies a crisis situation and a significant decrease in the standard of living for the population. It affects everyone, even individuals with substantial capital. If you’ve managed to accumulate some savings, you’ll need to find an answer to a rather challenging question: how…
So, you have some extra money (although, how can they be extra?). Now the question arises, how to preserve them? You can choose between two paths — to save them in one way or another, or to invest. And both options have their advantages and disadvantages. So, which one to…
Shopping is a popular activity that brings joy to many. However, those who indulge in it thoughtlessly often end up buying unnecessary items and wasting huge sums of money. Yet, these funds could have been saved to lay the foundation for their financial well-being in the future. To prevent this…
Today, almost everyone knows the importance of savings and how they significantly improve life. However, while some find it easy and natural to save, others struggle to hold onto every penny and can’t even begin to invest. Let’s try to address the main question of these individuals: “Why can’t I…