Centralized vs Decentralized & Paper vs Digital Just before the Civil War in the U.S. there were around 8000 different local currencies in use(Smithsonianmag, 2012). Also unlike today, two neighbor countries weren’t supposed to use U.S. Dollars to trade with each other back then. Actually, it wasn’t until 1914 that The Federal Reserve Board issued the…
Category: Finance
The Ultimate Investment Advice: Don’t Take Trading Tips from Billionaires
They all became billionaires with their unique sets of ideas, not with the tips from the TV! There are many thought leader billionaires like Warren Buffet, John Bogle, Charlie Munger, Ray Dalio, etc. These people are where they are today, because of the way they think, their comprehensive understanding of the markets, self-discipline, and self-awareness among…
Don’t be Tricked by Short-term Market Moves
On the 20th of February 2020, you woke up and saw the markets have started crashing, triggered by the news about the novel corona virus, Covid-19. All the stocks kept going down everyday. Once they stopped going down and turned upwards, you’ll most likely buy with the fear of missing out and trapped in a dead cat bounce. Don’t!
What Can Stop People from Panic Selling?
Panic buying and panic selling are some of the most common traps traders fall into. To be a successful trader, you first need to control your emotions. However, you’re not all alone in your fight and there are some measures in place, like circuit breakers, to prevent you from panic selling your precious S&P 500 company stock.
A Question Worth Billions and its Answer
Every trader/investor would like to brag about how they have bought an asset cheap and sold expensive. However, everyone that has achieved real success in investing knows that it’s a useless game to catch the bottoms or tops in a market. In this article, we examine one of the methods real pros use: Dollar-Cost-Averaging.
