Continuing with my journey reviewing Mel’s Money Manifesto, today’s topic is stocks. This is certainly not a quantifiable metric but I definitely feel a lot more comfortable dealing with stocks now than I did in 2013. Most of my knowledge about stocks prior to becoming more financially literate was that my grandfather, who worked for…
A popular broker recently launched a Danish version of an online futures trading platform, providing Danish investors access to trade stocks, commodities, indices and cryptocurrencies. Before this, such a service had not yet been made available here in Denmark. Therefore, it is still a relatively new ground to navigate when deciding how to apply trading…
Long story short: if you’re not following Money Machine Newsletter’s daily stock ideas, you’re leaving money in the market. If you ask most old-fashioned stock market investors, they’ll tell you to pick your stocks and leave your money there for years, sometimes decades, to reap your returns in retirement. Money Machine Newsletter believes long-term investing…
When choosing to delve into the world of stock trading, you need to know where to look to ensure that you are getting the best deals and opportunities. Learning how to trade effectively is going to be crucial here, and timing can be everything. Want to know more about how much of your time it…
Glad you asked, reader! For me, brokerage accounts were one of the bigger signs I was starting to do ok financially. There are a few goals I feel should be hit before you start to worry too much about brokerage accounts: Debts paid off (or totally managing low interest debt payments). Emergency fund fully stocked.…
Investing in marijuana has been a major trend during the past decade with the wave of states implementing medical marijuana legislation in the United States. Companies have appeared in certain regions of the country growing and manufacturing the needed supply to meet the demand. However, the process has surely seen its ups and downs as…
When you are investing in the stock market, you may want to invest in foreign markets. The largest hedge funds and investment companies in the world will diversify their stocks as much as possible to protect their customers. Plus, you can diversify your portfolio once you find a foreign market where you would like to…
If you haven’t heard of ‘Robo-Advisors’ before, don’t worry as they’re a fairly new investment platform. These are simply digital finance advisors, and they differ from company to company. The term ‘Robo-Advisors’ is used as a one-size-fits-all term, meaning that they deal with all manner of investments. What this term includes is a specialist investment…
Image If you are looking for a way to grow your business this year and be successful in your chosen trade, one of the things you may not have thought of is trading. Trading is one of the most diverse ways to make money for yourself and your brand and can be a brilliant way…
There are infinite ways in which you can earn money on the side these days. You’ve got your job, but you want to make extra money on top of your income. Perhaps you’re saving for a big trip? Or maybe you’re just trying to become more financially stable? Whatever your reason, you’re looking for a…
Everyone is different. In everyday life, you might think of the variety of culinary tastes, fashion values and cultural backgrounds that coexist peacefully. But when it comes to financial investments, the little differences between people can make or break the deal. While some individuals react positively to high risks investments and thrive on the adrenaline…
If you are new to trading or thinking about taking the plunge into the often-exciting world of the stock market, you might understandably have some questions about the various types of trading. After all, you are using your hard earned money for your new hobby, so you deserve to know why day trading might be…
If you don’t know what “fintech” stands for, it’s financial technology, and it has completely changed the way that we handle our finances. There are thousands of different websites and apps that you can use to make the most of your money. Some companies and apps are using technology to completely change the way that…
My family has been talking about stocks a lot while I’ve been home and I got showcase my little portfolio superstar a little more than usual. What my folks and my brother wanted to know was – how did I pick this stock? Don’t get me wrong, I’m all for maxing out retirement accounts and…
Let’s face it; the stock market can be pretty intimidating. It’s like a foreign country – they use their own lingo, money suddenly seems to work differently and it’s (seemingly) in a constant state of unrest. It’s so easy to get swept up in the panic that the media can create about stocks crashing. They…
Despite the fact that there aren’t many women in the stock market industry, many researchers have found that women possess better qualities than men when it comes to investing in the stock market. Some may say that it’s because they’re underrepresented that they’re able to create better decisions as they’re more cautious, while others may…
Last week I managed to make my stock purchase for 2016 and for a few minutes I was turning over some pretty big names in my head – Tesla, Amazon, Microsoft – and Apple. I was reading Kiplingers and it rated Apple as a buy stock. I’m an Apple girl (even if I don’t get…
CFDs or Contract for Difference is an agreement between two parties (the buyers and the seller). It is their agreement to exchange the difference in current value of the financial instrument and also its value at the time of the contract. If it is negative, the buyer will pay the difference amount to the seller.…
You may have seen an influx on personal finance blog about binary options lately and wondered exactly what they are. Binary options are a way to trade the price fluctuations in domestic and global markets. Yup. That does totally sound like gibberish. But here’s the deal – if you travel kind of often, you know…
One of my financial goals each year for the past few has been to buy at least $1,000 in stocks. I’ve been sticking with individual stocks for this goal since my retirement accounts are loaded with mutual funds – but if you don’t own any stocks, either is fine and mutual fund and index…
Sometimes I have some high falutin’ ideas. For example… there are a lot of books on my bookshelf that I know I should read and a lot of trashy novels I actually have read. When I was in college, my aunt would send me a $35 VISA or AmEx birthday and Christmas gift card every…
CFD trading is a relatively newer technique of financial trading but has gained a lot of popularity in the recent few years. Most of the CFD traders think that they know a lot about trading CFDs but still they lack in the knowledge of the top rules for trading CFD successively. Here are the few…
The Internet has opened up a wealth of opportunities for those with drive and vision. Naturally, some of these will represent short-lived trends while others are a viable means to enjoy sustainable wealth over time. One such area which has enjoyed a great deal of attention concerns the rise of the Forex markets in terms…
At a certain point in your personal finance journey you start to realize you’ve moved past basic budgeting and frugality and now have a surplus. But what to do with it? Invest it, right? The thing is, there are so many different ways to invest – from a solid foundation of mutual funds/index funds to slightly…
So it’s coming up on that time of year again when I look into what I want to do investment wise or with the stock market and lots of times, my research brings me to one of the weirdest things I’ve found yet. The Forex market is the global market for trading currencies (which, quite honestly,…