Bankruptcy is a very serious issue that many people take for granted, and think they can use it as a way to get out of paying your debts. However this should be the absolute last option to be taken when in debt. Once you have filed for bankruptcy it is put on your credit report and will remain there for the statute of limitations which stays on for 10 years.
Dividend paying stocks are a popular investment. There are multiple benefits that you get when you invest in dividend paying stocks. Even though I am a big fan of growth stocks and crypto, dividend stocks provide true passive income which could provide free cash flow for your portfolio, there are many things to consider before investing in dividend paying stocks, the most important thing is to always do your research so that you avoid a value/dividend trap, the companies you invest in must have good profits, revenue growth and a good pay out ratio.
In this article I cover the few important rules that should never be broken in trading. If you can apply these rules consistently, and with discipline, you will be well on the way to being a profitable trader.
During COVID-19 the global stock market saw millions of normal investors having their fingers badly burned by the market, the same story seems to be repeating now with the Omicron variant. Overnight life savings were gone, retirement funds went down and the economic forecast for all of us who had any money invested in stocks and shares was bad to say the very least.
No matter what age you are or even your level of employment or economic position, it may be a good idea to start investing now, even in a small way, for eventual financial security. Some people feel they need every dollar they make to get by from one paycheck to the next. While this may be true for some, there are others who spend significant amounts of money on insignificant things. They could be investing that money away into a broker account that, over time, could lead to huge savings and a comfortable retirement with the power of compounding and dividends.
If you recently started investing in the stock market, you probably notice how complicated investors can make the stock picking process, they usually use indicators, algorithms and artificial intelligence to make their next move, however for me personally I prefer to make things simple and use some common sense to pick my next stock, this in general has helped me find amazing companies with great upside potential.
The forex market is the place where buying or selling of currencies happens. Pair are made up of two different currencies, where one is called the base currency, while the other is called the quote currency, Forex and the Cryptocurrency market are actually not the same but very similar, in forex you hold two positions, one short and one long.
A good credit history is not only needed for a new credit card. If you are trying to be hired into a corporation, or you need to start a new business, you will need to prove you are a good debts payer. Here are the three major steps needed to build a credit report:
Online trading is great way for serious investors to make money, but inexperienced traders often wind up with big losses. A good set of instructions can minimize the risks and save years of expensive trial and error learning.
Investing can be fun and very lucrative, however at times it is hard to find ways to make more money to invest, sure you can liquidate some assets to come up with some capital but how about saving money to invest? Today I am going to share with you several ways to save money so you can buy more stocks, crypto or whatever asset you want to invest in.