Category: Investing
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5 Tips for Saving and Investing Your Money in 2023
Here are some simple tips to start your investment journey in 2023. Help re-share this post if you find it helpful!
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“Every year $2,000 equals $1.5M at 20 years!” School of HardKnocks
I once asked, “Can you really become a millionaire in 15 years by doing nothing?”, in a post where I laid out a theoretical scenario where that could be possible. Then today, I came across a Facebook reel claiming $2,000 per year at 20 years would make one a growth of $1.5 million. I feel…
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It’s time to talk about taxes
If you were a trader in the U.S, there is one thing you are fretting right about now, and this is especially true if you conducted some day-trading activity last year (2020). Yes, it’s that time of the year, you plug in your Turbo Tax engine, connect it to your brokerage account and Uncle Sam…
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The Japanese-Chinese Lucky Money Buddha That You Need To Share Right Now
There’s a meme going around Facebook, a chain-mail kind of sort that we used to see in the olden days of AOL mail. It goes along the line of something like this: “Forward this content in order to get this luck.” This particular one is good-nature and fun to pass along to friends, but there’s…
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Investing vs Trading – what you should know before you jump into the foray
What is happening with the hedge fund war is not “investing”, it is trading. Trading is an extremely risky operation that requires great caution and discipline and the reading and interpretations of price actions and market sentiment; one moment you can make $10,000 and the next you can lose it all and be under -$5,000.…