Don’t listen to the fancy indicator pitches. You already have the best trading tool one can get. “Knowing yourself is the beginning of all wisdom.” — Aristotle It may sound extravagant to start a trading story with a self-awareness quote. Yet, I cannot think of better entry to this story than these wise words of Aristotle. Once you…
The Best Podcasts to Guide You on a Path Through Wealth
Building wealth is a life-long journey, full of ups and downs. To reach the peak, you need the right set of tools beside you. There are many ways to build wealth but I’ll be talking about the way through investing in this piece. Investing is one of the ultimate paths to building wealth, and despite many…
5 Excellent Pieces of Advice on Investing in Stocks
When it comes to stocks, those who have an opinion exceed those with no idea. Here are some ideas worthy of your attention. An investment professional, Michael Burry, was one of the few who predicted the 2008 mortgage crisis and the financial collapse. That day, lots of people were thinking that the housing market is…
Why One Analytics Company Is Hedging Their Bets by Buying Bitcoin?
MicroStrategy recently shared its new strategy of diversifying its portfolio with $250 million worth of bitcoin. “Our investment in Bitcoin is part of our new capital allocation strategy, which seeks to maximize long-term value for our shareholders,” — Michael J. Saylor, CEO, MicroStrategy Incorporated. These words belong to the CEO of one of the most valuable business analytics…
A Beginner’s Guide to Investing: Stop Picking Stocks to Start Making Money
Plus the one golden rule that all successful investors agree on. “The reality is there will always be a lure to try and beat the market, especially since those who have beat it consistently are revered so highly” — Bill Miller, Peter Lynch, billionaire hedge fund managers There’s a definite thrill of going up against the market and venturing to…
How Much Time Do You Need to Double Your Money?
Benjamin Graham came up with the rule of 72 and mentioned it in his book The Intelligent Investor. The rule says, when you divide the rate of the annual return/interest rate to 72, the result gives you the number of years required to double your money. It’s the most practical way to forecast the growth of your invested savings.
Why Is Bitcoin Futures Better Than Any Other Physically Settled Commodity Futures?
Bitcoin futures are better since, it’s easier to store a digital asset than a commodity. When the contract is about to expire, nobody will push the prices to negative values to avoid physical delivery. After receiving, it’s easier to sell your Bitcoins in a cryptocurrency exchange than to find a customer for your oil barrel.
Is Stock Market the New Way to Fund Bankruptcies?
After declaring bankruptcy, the stock price of the car rental company Hertz spiked around 700%. The retail investors of Robinhood App see an opportunity here, where all institutional investors avoid the stock? Who is right? And what does it tell us about the markets?
Will Bitcoin Halving Lead Its Price to 1 Million Dollars?
What was all that fuss about halving and is it worth talking about this much? In the last couple of months, wherever you looked in the Bitcoin community, from subreddits to crypto twitter, blog posts to medium articles, most of the posts were about infamous Bitcoin halving. Finally, long-waited Bitcoin halving took place on 11th of May,…
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!