Investing https://www.selfrenewalmagazine.com The Magazine For Self Growth And Wellness Thu, 17 Nov 2022 14:44:30 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.2 https://www.selfrenewalmagazine.com/wp-content/uploads/2021/06/Letter-S-icon_34798-100x100.png Investing https://www.selfrenewalmagazine.com 32 32 How To Manage And Grow Wealth Through Creative Thinking. https://www.selfrenewalmagazine.com/how-to-manage-and-grow-wealth-through-creative-thinking/ https://www.selfrenewalmagazine.com/how-to-manage-and-grow-wealth-through-creative-thinking/#respond Thu, 17 Nov 2022 14:44:30 +0000 https://www.selfrenewalmagazine.com/?p=3492 You may be wondering how you can manage and grow wealth through creative thinking. The answer is simple: by thinking outside of the box. Wealth can be created in a variety of ways, and the key to success is to find new and innovative ways to make money. By using your imagination, you can come up with new ideas for ways to make money and grow your wealth. If you are looking to grow your wealth, then think outside the box and use your creative thinking skills to come up with new and innovative ways to make money.

Managing and growing wealth through creative thinking can be a daunting task, but with the right approach it can be achieved. By using your imagination and being creative in your financial planning, you can create a wealth strategy that is tailored to your specific needs and goals. This way, you can ensure that your wealth continues to grow over time, regardless of the markets or economy.

Wealth creation through creative thinking.

The concept of wealth creation through creative thinking has been around for centuries, and it is still one of the most effective ways to make money. Many people are unaware of this fact, but there are a number of ways to create wealth through creative thinking.

Starting a business

One way to create wealth through creative thinking is to start a business. A business is a great way to make money, and it is also a way to get your name out there. If you are able to create a successful business, you will be able to make a lot of money.

Investing in stocks

Another way to create wealth through creative thinking is to invest in stocks. If you are able to invest in stocks, you will be able to make a lot of money. Stocks are a great way to make money, and they are also a way to get your name out there. If you are able to invest in stocks, you will be able to make a lot of money.

How to effectively use your imagination to increase your net worth.

In order to effectively use your imagination to increase your net worth, you should start by identifying your personal financial goals. Once you have a general idea of what you want to achieve, you can begin to use your imagination to create a plan of action.

Creating extra income

One way to use your imagination to increase your net worth is to think about ways to make extra money. If you are able to come up with a few creative ideas, you may be able to turn them into reality. Additionally, you can also explore ways to save money. By incorporating these strategies into your overall plan, you can increase your net worth overall.

Improving your current situation

Another way to use your imagination to increase your net worth is to think about ways to improve your current situation. This can be a difficult process, but it can lead to significant improvements in your net worth. By brainstorming different ideas, you can develop a plan of action that will help you achieve your goals.

Protecting your net worth

Finally, you should also use your imagination to think about ways to protect your net worth. This can be a difficult task, but by taking steps to protect your assets, you can minimize the risk of losing them. By using your imagination to think about these strategies, you can increase your net worth overall.

Tips and tricks for generating new ideas that will help grow your wealth.

There are a few things you can do to help generate new ideas that will help grow your wealth.

start by brainstorming as many different ideas as possible. This will help you come up with new and innovative ways to make money. Additionally, keep a notebook and pen by your bed so you can start jotting down ideas as they come to you. Finally, be persistent – if you keep at it, eventually you will find a way to turn your new ideas into a profitable business.

1. Be open to new opportunities. The more open you are to new ideas, the more likely you are to come up with new ways to grow your wealth.

2. Take a step back and assess the situation. Sometimes it’s helpful to take a step back and look at your current situation and your goals. This can help you identify new opportunities or strategies that you may have not considered before.

3. Be creative. One of the best ways to come up with new ideas is to be creative. When you are creative, you are able to think outside the box and come up with new ideas that may not have been considered before.

4. Be persistent. Sometimes it takes a little bit of persistence to come up with new ideas. When you are persistent, you are willing to try new things and keep trying until you find something that works.

5. Be open to criticism. One of the best ways to improve your creativity and come up with new ideas is to be open to criticism. When you are open to criticism, you are able to learn from others and improve your skills.

How to take advantage of opportunities that come your way and increase your net worth.

There are many opportunities that come your way that can increase your net worth. Some opportunities may be things that you were not expecting, while others may be things that you were expecting but did not take advantage of. One way to increase your net worth is to take advantage of opportunities to invest in assets that will grow over time. Another way to increase your net worth is to take advantage of opportunities to save money. By taking advantage of these opportunities, you can increase your net worth and build your financial stability.

A guide to building a successful financial future.

Building a successful financial future starts with understanding your unique financial situation. There is no one-size-fits-all approach to financial planning, so it’s important to work with a financial advisor who can help you create a plan that meets your specific needs.

Securing your retirement

One important step in building a successful financial future is saving for retirement. A 401(k) plan is a great way to save for retirement, and many companies offer matching funds. If you can’t afford to save on your own, consider using a retirement plan advisor to help you create a plan that’s right for you.

Watching your spending habits

Another important step in building a successful financial future is understanding your spending habits. If you can identify areas where you’re overspending, you can start to make changes to your spending habits to save money.

Maintaining good credit

Finally, it’s important to keep your credit score in good shape. A high credit score can help you get approved for a loan, and can also help you get lower interest rates on loans. If you need help improving your credit score, consider using a credit score calculator to get started.

Getting started with wealth creation

There is no one-size-fits-all approach when it comes to managing and growing wealth, but by using creative thinking, you can figure out a plan that works best for you.

Here are a few tips to get started:

1. Start by creating a budget and tracking your expenses. This will help you figure out where you can cut back and save money.

2. brainstorm new ideas to make money. This can be as simple as coming up with new ways to market your business or finding new ways to monetize your existing skills.

3. invest in yourself and your skills. This can include investing in education and training, or starting your own business.

4. create a plan and stick to it.This means setting aside a certain amount of money each month to invest, and sticking to your budget.

By using these tips, you can create a plan for managing and growing your wealth, and finally feel comfortable reaching for your financial security net.

Conclusion

In conclusion, creative thinking can be a powerful tool for managing and growing wealth. By using your imagination, you can come up with new and innovative ways to make money and grow your wealth. This approach can be difficult at times, but with dedication and perseverance, you can achieve your financial goals.

 

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How To Invest In Stocks – A Beginner’s Guide https://www.selfrenewalmagazine.com/how-to-invest-in-stocks-a-beginners-guide/ https://www.selfrenewalmagazine.com/how-to-invest-in-stocks-a-beginners-guide/#respond Mon, 02 Aug 2021 17:48:06 +0000 https://www.selfrenewalmagazine.com/?p=2176 Many people would like to know how to invest in stocks. But if you are like most people with limited
investment and financial literacy, understanding how to invest may sound complicated and
may leave you scratching your head wondering how you can make any sense of the investing world.
Well, it’s much like riding a bicycle. It takes practice and repetition. You just have to do it over and over again.

The investment market news

We have all heard the news on TV or read in the paper that the Dow Industrials had their worst
day in at least 20 years. If this were true, how come the value of the stocks
that make up this Dow Industrials was up 5.5% YTD, 5% YTD, 5% YTD?
Well, this would indicate that most of the market is performing better than the Dow.
But it is not. It is actually the opposite. This is due to the fact that other major indexes,
the S&P 500, are up by 5% YTD. The Dow is down 4% YTD. Why?

How to choose your market

Most people look at the economy and think that it will always outperform the Dow.
This is how many investors have been making money in the market.
The market has been making money for many years. But, if you had to choose one out of the
three major indexes, you should have gone with the market. In fact, it is only due to the fact that
the market has been making more money since it is a better gauge of overall economic health.

finance, stock trading, day trading-5771541.jpg

How to decide what stocks to buy

There are 2 major metrics that I look at when deciding if a stock is a good buy or not.

1. Earnings Per Share – EPS
– This is simply how much a company is making per share of equity.
This number should be your barometer on how well a company has been doing.

2. Price-Earnings – PE
– This is simply how much you should pay for each dollar of earnings generated by a company.
When looking at PE, you should not look only at earnings, but at free cash flow also.
This will give you a better picture of where the company is headed.
The formula for PE is (Earnings – Earnings per Share) / Shareholders Equity.

If you think that a company is doing well, then you should invest in this company.
If you think the company is sinking, then you should sell your holdings.

You should start by buying the stock you feel will not do you any harm.
Also, you should make sure that you are buying the stock you feel is a good value,
and not the stock you think will make you more money. Remember the market is a voting machine,
it allows the companies that are in the strongest to stay in the market.
It does not give them the opportunity to be replaced by someone who will. If you think a stock is
going to do you more harm then good, then steer clear of it, you will be better off not having it in your portfolio.

Study and know the company well

After you decide on the stock you are going to buy, then you should examine the company.
You should read their annual report and make sure you understand everything that is on the annual report.
You should also read their quarterly reports, and see if there is anything
you are not seeing on the quarterly reports. This is your chance to study what the company is doing,
and see if you want to continue with the company or not. There are people who buy and hold forever,
and the reason why they are good is because they have done their research, and they know what
they are buying, the company is doing, and that the company will stick around for a long time.

Other people look for solid reasons to sell the stock they have. The solid reasons are things like missed earnings,
higher risks of lower earnings, missing sales forecast, higher debt to equity ratio, and many more.

Now when you are ready to buy the stock, you should use your own judgment to determine if
the company is worth buying. After you decide if you want to buy the stock,
then you should look for a brokerage firm to buy from.

Should you use brokerage firms?

There are many brokerage firms out there. The choice depends on what you need,
and if you need something fast, or something easy. It depends on your need.

Now you should be looking for an intraday stock broker that you can trust to make your trades.
It should be someone you know and have worked with in the past. Someone who is fast, and reliable.
Someone who will tell you when you have made a bad trade, and will help you fix it right away.
You should look for someone who has many satisfied clients.
The brokerage firm you choose should be someone you are comfortable with,
and who will not ask for a lot of money up front.

Once you have found your intraday stock broker, you should look at their portfolio,
and see if there are any current clients you should be talking to. It should be someone
you are happy to service, and someone who will service your current and future clients.

(Please read our disclaimer below)


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Every attempt has been made to provide accurate, up to date and reliable complete information.
No warranties of any kind are expressed or implied. Readers acknowledge that the author is not engaging
in the rendering of legal, financial, medical or professional advice.

By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
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including, but not limited to, —errors, omissions, or inaccuracies..***

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4 Sure Ways To Determine Your Investing Ability https://www.selfrenewalmagazine.com/4-sure-ways-to-determine-your-investing-ability/ https://www.selfrenewalmagazine.com/4-sure-ways-to-determine-your-investing-ability/#respond Mon, 02 Aug 2021 14:28:44 +0000 https://www.selfrenewalmagazine.com/?p=2167 If you are like most people and have a limited investment portfolio that
does not extend beyond a few mutual funds, you may be scratching your head wondering
how you can make any sense of the investing world.
Well, let me tell you why it is very complex and how to make sense of it.

What’s your level of financial literacy?

When you look at your financial literacy you are usually very good if you can identify
your age, sex and income group, and for how long you have been employed.
If you work full time or a part time job, then you can learn some useful insights on your investing ability.
This is usually the best step to start from as you learn more and gain insights on yourself.
However, you may also learn that you are not good at all. In this case you need to learn more and
learn and apply the right principles to improve. But still, there are many people that can make no sense
of their investing ability, even after they have been actively working for sometime.

What determines your investing ability?

Your level of investing ability is determined by a couple of factors.
The most important of these are the amount of money you invest and the amount of time you invest.
This is how you can measure your investing ability is to how good or bad you are at math and investing.
If you have a reasonable amount of time on your hands and are only investing very
modest amounts of money then you are very good at investing.

On the other hand if you are in a full time job and you are investing a lot of money and
you are very bad at math and investing. This is how you can measure you are not very
good at math and investing. Therefore you need to understand how to measure
your investing ability in your own lifetime.

investing ability

4 ways to measure your investing ability

1.– Investing ability is measured on your ability to understand the stock markets and how to invest
using different investment strategies. This is a very critical aspect and most people don’t even understand this.
Therefore, it is important to understand how to invest using different investment strategies.
This means you need to learn about how to invest in an online education course.

2.- Investing ability is measured on your ability to understand how to invest in mutual funds.
The reason this is a critical aspect is that even if you have many years to invest you may not be smart
enough to understand how to invest using different investment strategies on your own.

3.– Investing ability is measured on how you can use principles and techniques.
The most important of these principles and techniques is using a good fund management system.
This means you need to learn the fund management systems and make sure
you learn the techniques of fund management. This is one of the most critical aspects of investing and
it will determine how well your invested money performs.

4.– Investing ability is measured on how you can invest money in different asset classes.
Investing money in different asset classes means that even if you have many years to invest you may not
be smart enough to understand how to invest using different investment strategies on your own.

So how do you measure your investing ability?

It is very important to assess your time horizon and your financial capabilities.
It is also very important to assess your knowledge in investing and fund management.
It is very important to have a good fund management system and a good fund.
So that if you have many years to invest you need to have a good fund management system and a good fund.

With all this in mind it is possible to get an idea of what investment goals you can achieve if
you started investing today. The key here is that you need to start investing today because with the
amount of time you have you need to know how to invest. This means you need to start learning
fund management techniques and fund investment goals as soon as possible.

Having a financial plan

This is why it is important to have a good financial plan.
So that you can assess your financial goals and how you can reach them.
Once you have these goals in place you need to assess how much time you have to achieve these goals.
You can assess this on a monthly basis on a quarterly basis on an annual basis or
you can assess it on a yearly basis.

In the end it is important to know how much time you have to invest, to achieve your financial goals
and to achieve the desired returns. To do this you need to assess how smart you are,
your financial abilities and to understand the investment strategies available to you.
But above all you need to start investing today!

 

 

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***Please note the information contained within this document is for educational and entertainment purposes only.
Every attempt has been made to provide accurate, up to date and reliable complete information.
No warranties of any kind are expressed or implied. Readers acknowledge that the author is not engaging
in the rendering of legal, financial, medical or professional advice.

By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
direct or indirect, which are incurred as a result of the use of information contained within this document,
including, but not limited to, —errors, omissions, or inaccuracies..***

****Always consult with competent professionals for advise.**

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How To Find A Good Stock Trading System https://www.selfrenewalmagazine.com/how-to-find-a-good-stock-trading-system/ https://www.selfrenewalmagazine.com/how-to-find-a-good-stock-trading-system/#respond Sat, 31 Jul 2021 18:45:48 +0000 https://www.selfrenewalmagazine.com/?p=2156 We all know there are some who want to learn everything they can
about investing and these people are called gurus. There are plenty of them teaching
you what they know and you can learn plenty from them. The problem is there are some other
people out there who want to learn as much as they can before they decide
to give investing a shot and these people are called newbies.
There are plenty of gurus and newbies alike, so when you see someone giving a seminar,
make sure you pick one who is a newbie.

Who is a newbie?

Well let’s say you are a newbie and you want to go to the seminar.
You know you can just show up and learn from the guy giving the seminar and then make your decision.
Well there are plenty of people who go to seminars and make their decisions based
on what someone has told them. You know someone will be there to tell you what to think and
you aren’t going to go to a seminar just because your friend told you that the guy who is going
to give the seminar has a great stock trading system. You want to learn just because you want to learn.

You know the problem is, these people don’t just come along every day.
What you need is a way to find them, I am telling you they aren’t going to be giving seminars in Walmart.

your privacy online

Where are the gurus?

You need to search for those gurus that give seminars less frequently.
You may have to do this one Saturday, one Sunday, or each day, but find one.
The same goes for the gurus you choose. You may want to find a stock trading system that
gives less than a seminar per month. I recommend two seminars per month or even less. Why?
Because some gurus don’t give anything, they tell you what to do but don’t teach you how to do it.
They are just there to tell you what to do.

It’s their records you should look for

After you find a gurus that gives seminars and works you need to search for their records.
You need to search for the amount of seminars they have given. You will want to find the amount of
seminars they have given, but not the type of seminars. You need to find the type of seminar they give.
You don’t want a seminar on how to buy stock and then a seminar on how to sell stock.

Now the reason you need to find this is because you want to follow their methods and not their teaching.
There are a few that teach people how to sell stock like Warren Buffet and how to buy stock like Jim Cramer.
These are not good methods.

What you want to do is follow their methods.

You want to learn from the method. I love those guys but their method is not how you
should be doing your trading. Follow the methods they teach and learn from their methods.
You want to find a stock trading system that follows their method.
Don’t follow the method of Warren Buffet or Jim Cramer. They are just out there to give you
all this advice and then get rid of you.

What’s a good stock stock trading system?

When you find a stock trading system that follows the same method as Warren Buffet or
Jim Cramer do not follow them blindly. Follow them and learn from their systems.
Study their methods. Follow their method and then learn from theirs.
That is how you should be doing your stock trading. Don’t try to be Warren Buffet or Jim Cramer.

A stock trading system that you find following the same method as Jim Cramer’s is Bob Cramer’s Stock Scream.
A system that Warren Buffet uses is the Swing Trading System.
A stock trading system that Warren Buffet uses is Intelligent Investor.
When you find a stock trading system that follows the same method as Intelligent Investor and
Warren Buffet then follow those methods and learn from them.

 


 

***Please let us know your thoughts in the comments below.
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***Please note the information contained within this document is for educational and entertainment purposes only.
Every attempt has been made to provide accurate, up to date and reliable complete information.
No warranties of any kind are expressed or implied. Readers acknowledge that the author is not engaging
in the rendering of legal, financial, medical or professional advice.

By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
direct or indirect, which are incurred as a result of the use of information contained within this document, including,
but not limited to, —errors, omissions, or inaccuracies..***

****Always consult with competent professionals for advise.**

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How to Make the Most Out of Your Fixed Income Portfolio https://www.selfrenewalmagazine.com/how-to-make-the-most-out-of-your-fixed-income-portfolio/ https://www.selfrenewalmagazine.com/how-to-make-the-most-out-of-your-fixed-income-portfolio/#comments Mon, 26 Jul 2021 19:58:10 +0000 https://www.selfrenewalmagazine.com/?p=2082
We are not supposed to focus on the economy or the financial market.
Yet, this is one of the most competitive markets in history. Who will emerge as the winner of this market?
In 2008, we saw some big names enter the fray of the financial market. Who were they?
Well, some of them entered as large investment banks and hedge funds.
Some of them entered as exchange traded funds. But one thing that is common among all of these is
that there was a direct correlation of their returns with the performance of the market.
The key to their success was their asset allocation. They were properly allocated to the various asset classes.
They were diversified.
In the face of this market that is so competitive, how did they manage to keep their returns even better?
By not being complacent. They focused on quality.
It is just like how a golfer may focus on their swing. Yes, a golfer will focus on the specific mechanics.
But at the end of the day, it is about the quality of their swing. The quality of their swing is of utmost importance.
If they focus on the quality of their swing, they will be able to execute the mechanics flawlessly.
In this market that is so competitive, how should they focus on quality? Well, there are two answers to this question.

Focus on Return On Invested Capital

Firstly, they should focus on their return on invested capital (ROIC). This is crucial.
There are many funds that are focusing on high ROIC fund. That may be the highest ROIC in the industry.
However, the return that this fund will yield is also very misleading.
In this market that is so competitive, the investment return may be good but its risk is also high.
Its return is the lower of its expense ratio or its risk.
The more you can focus on quality, the lower the risk and the higher the return.

Focus on Quality

A second way they should focus on quality is the way they do their portfolio management.
They should have a portfolio that is diversified by asset class.
No fund, or person in the industry has a monopoly on getting good return.
It is possible to be interested in quality while being interested in high returns.
To be interested in high returns in a market that is very competitive, you should have a
strategy that is focused on the quality. You should have several funds that are focused on different asset classes.
It is important that you focus on what the fund is focusing on and the sector that
is offering the best return in the industry.So a fund focusing on quality in the market that is very competitive will have multiple
funds focused on different asset classes. They may not all be equity funds. In the market that is very competitive,
you can have funds that are focused on fixed income, money markets, real estate etc.

The impact of diversification

This diversification is important. You should have funds that are focused on different asset classes.
This will create different risk levels in the portfolio. This is very important.
Different risk levels will create different return potential.

If a fund is focusing on quality in the market that is very competitive, each fund will be
focused on different asset classes. This will also generate different risk levels in the portfolio.
Each fund will be investing on different risk levels. The portfolio will be diversified on different levels.
This will ensure that the portfolio will not be concentrated on a small number of sectors that offer the best returns.
It will also reduce volatility. The portfolio will be spread out and each fund will be diversified at multiple levels.

However, if a fund is not focusing on quality in the market that is very competitive,
the portfolio will be concentrated on the same sector. This would ensure that the portfolio would be
concentrated on a small number of sectors that offer the best returns. It will be investing on
a small number of sectors that offers the best returns. For a small fund, the portfolio would be concentrated on
some sectors that are focused on a small number of asset classes. This will result in concentration of returns.

Focusing on quality in the market for fixed income securities has a lot of advantages.
It can increase diversification of returns and reduce volatility. It will spread the portfolio across
different asset classes (i.e. fixed income, fixed interest, equity, money markets etc) that offer varying risk and return profiles.

piggy bank, saving, money-850607.jpg

Having choices

There are many choices that you can make in the fixed income industry.
You can choose between a fixed income fund that invests on the entire market or a focused fixed income fund.
This will determine the investments that you make in the fixed income industry.
It will also allow you to go for different risk levels and return potential.

On the other hand, you can also choose between risk levels. You can go for moderate risk or you can choose high risk.
Risk level is not the only thing that you can choose to select. You can also select different risk level,
return potential and diversity of the portfolio.

In the fixed Income industry, there are different options that you can choose from.
The choice of a fund should not be the only thing that you can choose.
You can also choose to go for different asset classes. You can go for equity, fixed income,
money markets, and even small caps. This will ensure that the portfolio grows in line with the market and diversifies risk.

If you want to take on risk, you can opt for short terms. You can select short term bonds, money market funds, and CDs.

You can also take up risk in the bond market. You can go for long term bond, medium term bond, short term bond, and the entire market.

And lastly, you can also choose for the diversified market portfolio. This will have both long term and short term bonds.
You can have some cash and fixed income securities in the portfolio. And you can take up the cash bond fund,
the fixed income fund, the fixed interest fund, and the equity fund.


DISCLAIMER:

Please let us know your thoughts in the comments below.
If this topic interests you and you want to explore further, there are also additional resources
in our online store that can help: Visit Here.

***Please note the information contained within this document is not presented by a financial practitioner and
is for educational and entertainment purposes only. Every attempt has been made to provide accurate,
up to date and reliable complete information. No warranties of any kind are expressed or implied.
Readers acknowledge that the author is not engaging in the rendering of legal, financial, medical or professional advice.

By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
direct or indirect, which are incurred as a result of the use of information contained within this document, including,
but not limited to, —errors, omissions, or inaccuracies..***

****Always consult with competent professionals for advise.**

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Is Bitcoin Trading Risky? https://www.selfrenewalmagazine.com/is-bitcoin-trading-risky/ https://www.selfrenewalmagazine.com/is-bitcoin-trading-risky/#respond Thu, 15 Jul 2021 03:02:03 +0000 https://www.selfrenewalmagazine.com/?p=1902 Although bitcoin is not issued by a central authority, it is connected to banking system,
which was established in the form of a network. This public ledger helps in tracing and
validating transactions made through the system.
With the assistance of bitcoin transaction, a business owner can also trace his history since the beginning.
In the world of bitcoin, history repeats itself and each transaction shares the same historical significance.

Types of bitcoin transactions

There are two types of transactions that can be performed in the bitcoin system.
Bitcoin transactions consist of transfer of funds within the system.
It does not involve any conversion of currencies into other currencies.
The process of transaction is similar to the barter system.

Other type of bitcoin transaction requires the conversion of bitcoin to other currencies,
this process is called bitcoin to fiat to bitcoin transaction.
This process involves an exchange of one currency for another.
For instance, in the case of bitcoin to fiat to bitcoin transaction, the bitcoin is converted into US dollar.

Bitcoins are NOT legal tender

It is also important to note that bitcoin is not a legal tender in the country where it is used.
In most countries, people can buy and sell bitcoin without any specific regulatory approval.
Some countries have passed laws to regulate the process of bitcoin trading.
Such laws is mainly to prevent the misuse of bitcoin.

bitcoin

Some bitcoins downside

I****t is important to keep in mind that buying bitcoin does not imply that you are involved in illegal activities.

There are some companies that offer bitcoin trading. They are also involved in illegal financing.
Though they are not specifically trading in bitcoin, they are using bitcoin to finance illegal activities.
Therefore, bitcoin trading can be seen as another form of money laundering.

In the bitcoin system, buying and selling of bitcoin is basically done anonymously.
This is the main advantage of bitcoin over other currency exchange systems.
Bitcoin transactions are always untraceable. There are no trail of transactions which
makes bitcoin ideal for transactions that involve money.

The bitcoin trading can be seen as illegal currency trading.
Though the buying and selling of bitcoin is done over the internet, the transaction can be traced to its initiators.
This makes bitcoin transaction more vulnerable to investigations.

The trader’s responsibility

To be successful in bitcoin trading, a person must be knowledgeable about bitcoin system.
A person must know all the terms and conditions that apply to the bitcoin trading system.
Bitcoin transaction involves a lot of risk. The trader must be aware of all the risks involved
in bitcoin trading and must know how to mitigate the risk. This is the main purpose of bitcoin training.
Bitcoin trading is a high risk form of currency trading and traders should be equipped with skills to deal with risks.
A good trading education helps to lessen the risk of loss and increases the probability of winning.

Bitcoin trading offers opportunity for traders to earn well from the currency exchange market.
By applying simple strategy, traders can earn handsome profit and earn wealth from trading in bitcoin.

How to trade in bitcoin – the strategist

Basic strategy is to buy bitcoin when bitcoin price is low. Bitcoin has a tendency to be traded when it is in a trend.
To maximize the chance of earning profit, traders must watch the price of bitcoin.
They must identify the trend when they see a consistent and predictable movement of the price of bitcoin.
When the price of bitcoin is moving consistently in a particular direction,
it means that it is in a trend and traders should buy the bitcoin that is being exchanged on the basis of the trend.
To maximize the price of bitcoin you must be in the right position to capitalize on the trend of the price of bitcoin.
It is important for traders to identify the trend of the bitcoin price to get maximum profit.
To gain profit from the trend, traders must be in the right position at the right time.

When the price of bitcoin is declining, traders should not be in the market.
They should sit on their inventory of bitcoin and wait for the price to recover. Because of the declining price of bitcoin,
traders should not buy the currency. When bitcoin price is on the rise, it will offer opportunity to earn profit.

Another common mistake is not to read the economic calendar.
If you ignore it, you will miss the occasions when bitcoin will offer you an opportunity to earn profit.

Bitcoin is a cryptocurrency and is subject to its own rules. The market always seeks the security of a clear government policy.
If there is no clear government policy with regard to cryptocurrency, the market will choose the other currencies to exchange.

As with anything, trading in bitcoins involves some risks. The risk is even higher for someone who gets without knowledge.
There are so many programs and courses around the internet that are aimed at
providing the necessary training to would-be bitcoin investors or traders. If one is serious and wants to trade, it’s advisable to
the proper knowledge and understanding first.

 

I show You how To Make Huge Profits In A Short Time With Cryptos!
 

Please let us know your thoughts in the comments below.
If this topic interests you and you want to explore further, there are also additional resources in our online store that can help: Visit Here.
***Please note the information contained within this document is for educational and entertainment purposes only.
Every attempt has been made to provide accurate, up to date and reliable complete information.
No warranties of any kind are expressed or implied. Readers acknowledge that the author is not
engaging in the rendering of legal, financial, medical or professional advice.

By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
direct or indirect, which are incurred as a result of the use of information contained within this document,
including, but not limited to, —errors, omissions, or inaccuracies..***

****Always consult with competent professionals for advise.**

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How To Invest In Gold – Our 6 Tips https://www.selfrenewalmagazine.com/how-to-invest-in-gold-our-6-tips/ https://www.selfrenewalmagazine.com/how-to-invest-in-gold-our-6-tips/#respond Thu, 15 Jul 2021 01:20:16 +0000 https://www.selfrenewalmagazine.com/?p=1895 It is a fact that in today’s age of rapid economic advancement, many people do not have
the resources to put their money into more risky financial instruments like bonds and stocks.
They prefer to invest in gold coins. Why gold coins? Because these precious metals are guaranteed by
the government and do not come with the risks of the current economy.
The price of gold coins tends to go up almost straight up while the price of the stocks will follow it.
Some people prefer investing in gold because of its value compared to
other currencies or currencies compared to the US Dollar.

How to invest in gold profitably

However, in order to make a profitable investment in gold, it is necessary to know
a few tricks regarding how to invest in gold. Many people today prefer investing in mutual funds.
These funds are not only guaranteed by the government but they are also well-managed.
The management team of these funds keeps an eye on the risk of the funds.
The risk of these funds is managed so that these funds are relatively less risky and
gold investments are considerably less risky than stock market investments.
These mutual funds will give you the same return as what a stock brokerage would give you.
However, you will not experience the thrills and excitement of investing in a stock market.

Benefits of investing in gold

The investment in gold has a few benefits. This includes the fact that the value of gold does not go down.
The amount of gold you have in your possession is always a guaranteed amount.
You do not have to worry about the amount of gold you have. These things are less risky and more exciting.

So, knowing how to invest in gold can be a great way to invest in gold.
This is because gold can help you in tough times and financial situations.
However, you have to know the basics regarding how to invest in gold.

gold, ingots, treasure-513062.jpg

Some practical tips on sound investing practice

The first step that you must take is to decide how much do you want to invest in gold.
The amount that you decide on can go beyond what the insurance will allow you to invest in gold.
If you decide on more than what the insurance will allow you to invest in gold,
make sure that the dealer will not over charge you.

The next thing that you have to do is decide on the type of gold that you want to invest in.
The most popular gold are the 925 and the 933 dollars.
You should then follow the tips below to get the most out of your investment.

Tip 1: Know the current gold price:

Gold is available in one ounce and one tenth ounce. The price of gold is usually fluctuating.
The more fluctuations, the higher is the price of gold.

Tip 2: Know the quality of gold:

Gold can be bought with 9999 pure gold. Make sure that the gold that
you are investing in has the quality that you want.

Tip 3: Be Aware of market value of gold:

Know the market value of gold. Most investors do not know this feature.

Tip 4: The next thing that you have to do is to find a good dealer.

A good dealer will have good records and good feedback.
Most of the gold dealers have great customer service skills.

Tip 5: The next thing that you have to do is to buy gold coins and bars:

You should check for price lists. You should also look for the form of delivery.
This will be helpful in the buying and selling process.

Tip 6: The next thing that you have to do is to find a good storage facility:

You should look for a safe storage facility. You should also look for a place that will not damage the gold.

 

 

***Please let us know your thoughts in the comments below.
If this topic interests you and you want to explore further, there are also additional resources in our online store that can help: Visit Here.
***Please note the information contained within this document is for educational and entertainment purposes only.
Every attempt has been made to provide accurate, up to date and reliable complete information.
No warranties of any kind are expressed or implied. Readers acknowledge that the author is not engaging in
the rendering of legal, financial, medical or professional advice.
By reading this document, the reader agrees that under no circumstances are we responsible for any losses,
direct or indirect, which are incurred as a result of the use of information contained within this document,
including, but not limited to, —errors, omissions, or inaccuracies..***
****Always consult with competent professionals for advise.**

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Understanding How to Invest in Stocks https://www.selfrenewalmagazine.com/understanding-how-to-invest-in-stocks/ https://www.selfrenewalmagazine.com/understanding-how-to-invest-in-stocks/#respond Sun, 20 Jun 2021 06:43:17 +0000 https://www.selfrenewalmagazine.com/?p=1328 How to invest in stocks is what keeps a lot of would-be investor off the stock market.
To know how to invest in stocks requires a lot knowledge and skills that many people do not have.
And yet there is a lot of money to be made when it comes to investing in the stock market.
But, it also comes with high risks as well. How to invest in stocks and
making money requires proper knowledge and analysis of stock trends.

Many investors would have never gained their financial freedom if it were not for the stock market itself.
While there are many great resources to acquire this knowledge,
there are also many that are going to deny you access to this information.
If you are going to be successful in the stock market, it is important to be aware of the myths about the stock market.

The first misconception is that the stock market crashes every year like clockwork.
While the stock market has experienced many crashes in its history, it is a misconception that the stock market is volatile.
When it comes to the stock market, there are cycles that happen over the years.
These are the fundamental analysis cycles. When you understand these cycles,
you can increase your odds of being successful in the stock market.

The cycles to know how to invest in stocks

The stock market goes through these basic cycles. It goes through 3 basic phases.

1. Fundamental Analysis 

This phase happens every time there is significant news that affects the financial situation of a company.
In this phase, fundamental analysis is done to find out how the company is performing financially.

* Assessment of the company’s cash flow

* Assessment of the company’s earnings

* Assessment of the company’s debt (whether it is consolidated, portfolio, or government backed)

2. Technical Analysis 

This phase happens when there is significant news that affects the price of the stock.
In this phase, technical analysis is done to find out how the market is reacting to news.

* Look for an immediate reaction

* Look for confirmation of the trend

* Determine when a support or resistance point will be

3. Release of news 

In this phase, release of news happens. This phase ends when all the news has
been released and the news is starting to become confirmed.
When the news has been released, the confirmation ends the fundamental analysis phase.
This phase ends when the technical analysis phase ends.
When the technical analysis phase ends, the stock market knows it’s ready to go up.

how to invest in stocks

The stock market doesn’t go down every year like clockwork.
There are many reasons why the stock market may have a downturn.

1.- the bad news. The company will do bad so the price of the stock falls.
2.- the bad news is always over exaggerated.
3.- when the company has so much cash on hand that the news is completely exaggerated.
4.- when the market is really low so we have a lot of stock available on the market.
Also the supply on the market is the highest so the price is highest.
If the supply on the market were to be less than the demand then the price should be equal to the demand.
5.- there is a bad moat. This means that there is no fundamental reason that makes the stock go up.
Thus the price will decline.

Now that you know how the stock market works, you can learn more on how to trade stock.

stock trade chart

 

Choosing a stock broker

First you need to choose a trading broker.

One of the best ways to learn how to trade is to study and learn from the best traders.
The first step is to choose a broker who will teach you everything you need to learn how to trade.

Advantages of choosing a broker.

1. The broker is going to take care of all your needs.
He will get you his fee every time you buy or sell a stock.
He will not advise you nor take the decision for you. He will only take care of your account.

2. Your broker will keep a constant eye on your account.
He will never let you invest your account in something that he feels is not prudent.
He will let you know what is a good investment and what is not. He will help you choose the right company or stock to buy.

3. Your broker will never take advantage of you.
Your account will be properly protected. They will never do anything that is not in your best interest.

If you go for this broker, you must make sure that he has a good reputation and a good winning record.
Remember, brokers that have a losing record are not good to choose.

Stock trading basics.

* How to Invest in Stocks How to invest in stocks?
You can choose to buy a stock at a lower price and sell it at a higher price.
Or you can choose to hold your stock long term. Your stock investment will depend on
how long you intend to hold it and for how long. For short term, you can go for an Automatic Investment Plan.

There are two ways you can easily invest in stock:

* By investing in Fund

* By using Automatic Investment Plan

If you want to put your money into stock, you can use fund or Automatic Investment Plan.
Fund is the traditional way to invest in stock. Fund allows you to invest money into your desired stock.
It is easy to use and understand. Fund takes most of the risk away from you.
Simply tell your fund company your funds amount and they will place your money into the stock you have asked for.
Fund can be used for short term or long term.

Automated Investment Plan is different.
If you choose to use the program, your money will be placed into a long term stock.
When you want to sell, you can simply ask your fund company to sell your funds.
And they will do it for you. Programs help you to sell your stock whenever you like.
Automated Investment Plan takes more risk and difficulty away from you. They ask you to do most of the work themselves.

Since the stock market cycle is almost all news-driven, a savvy investor always stays abreast all news affecting the market.
And the best news gatherer is running a SPECIAL of 40% OFF their regular subscription till June 25,2021 with PROMO CODE 
SUMMERSALE40” . Click here and enter the promo code “SUMMERSALE40”

Please let us know your thoughts in the comments below.
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***The information contained in these articles, throughout selfrenewalmagazine.com, is for education and entertainment only and do not constitute
in any way, shape or form advise. And may also contain links that if used to purchase something, we will receive financial compensation. Use it at your own risk.***
****Always consult with competent professionals for advise.****

 

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Dangers of Not Having a Comprehensive Policy https://www.selfrenewalmagazine.com/dangers-of-not-having-a-comprehensive-policy/ https://www.selfrenewalmagazine.com/dangers-of-not-having-a-comprehensive-policy/#respond Sat, 19 Jun 2021 21:38:36 +0000 https://www.selfrenewalmagazine.com/?p=1331

Insurance is often seen as a way of ensuring that your house, possessions and earnings will be protected against loss.
The fact is, however, that insurance can be a valuable tool in ensuring that you save money and provide the very best protection.
In order to save money on your insurance, there are several things that you can do.

Some Insurance is a Mistake

The idea that you should insure your possessions because you must may be something you have heard in the past.
The reason for insuring your possessions, in the case of possessions, is to guarantee that
you can replace them at a later date in the case of damage or theft.
When you insure your possessions, it is not necessary to insure the house itself.
Instead, insure the belongings which are usually high in value and may include your cars, bikes, cameras and jewelry.The reason for insuring your valuables is to save money on your household bills.
If you are a new homeowner then insuring your household will be something you should be familiar with.insurance agents

Your Homeowners Insurance Policy

Be sure to Read and Completely Understand the Conditions of Your Homeowners Insurance Policy

The homeowner’s policy you have purchased may have certain stipulations.
For instance, you may find in the fine print of your policy that
you must insure all of your belongings at their appraised value.
Also, your policy may stipulate that you must insure your possessions or house for the full replacement cost.
Also, you may find in your policy that you must insure your house for the total value of the mortgages.
The homeowner’s insurance policy which you have purchased will have certain clauses and conditions that
you must fully comprehend to ensure that you are not paying for coverage that you do not need.

How about your deductibles?

When your homeowner’s insurance agent informs you of your deductibles,
it is probably very surprising to find out that you can decide to get some of these.
If you live in a disaster prone area then you might consider getting a deductible that is lower than the average one.
You will avoid paying a higher deductible because you will be more likely to incur damages or injuries.Is the policy and have the necessary insurance to replace your valuables after you have suffered damages or lost income?
Do not forget that your car is part of your policy. You can ask for a separate policy for your car.If you work out of your house or rent your house,
then the insurance that your landlord provides will be the perfect complement to your policy.
There are various other types of variations that you can also be faced with.
Keep track of everything in your policy that you can. Is it is missing items, is it just a little outdated in date the details.Ask your insurance agent to put a time limit on his agent’s duties on how long you must take to update your policy.
Make sure that your policy is fully detailed and your home adequately covered. 

Please let us know your thoughts in the comments below.
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***The information contained in these articles, throughout selfrenewalmagazine.com, is for education and entertainment only and do not constitute
in any way, shape or form advise. And may also contain links that if used to purchase something, we will receive financial compensation. Use it at your own risk.***
****Always consult with competent professionals for advise.****

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3 Things to Know Before You Buy Gold https://www.selfrenewalmagazine.com/3-things-to-know-before-you-buy-gold/ https://www.selfrenewalmagazine.com/3-things-to-know-before-you-buy-gold/#respond Mon, 14 Jun 2021 14:49:15 +0000 https://www.selfrenewalmagazine.com/?p=871
Gold is one of the most valuable commodities in the world.

In fact it has been used as money in some of the earliest recorded cultures on Earth.
In the past, people have sold their unwanted gold ornaments to merchants to be melted down to produce new items.
Gold jewelry has been used as money and currency in many forms in cultures throughout the world
and people still use gold as a form of money today.
Gold may not be used as currency anymore but it still has its place in
the world of commerce and a solid investment for the future.

Why purchase gold as a commodity

While some may dismiss gold as a commodity that will lose its shine in time,
the fact remains that gold retains its value and is still a sound form of investment today.
Gold may not be as liquid as silver, but it is still a good form of money in today’s economy,
especially when you look at the current economic turmoil in
the world and the real and expected economic slump that is soon to come.
Many pundits claim gold is the real thing, the currency of the future,
and in a world where paper money is beginning to diminish, gold is still the one true money.
There is no comparison between the value of gold and paper money that is slowly fading away in the changing economic climate.

gold jewelry

Before investing in gold

If you are thinking about investing in gold, you have to do a bit of research first.
First off you need to know what is the current value of gold in US dollars and what is the value of gold in British pounds.
Once you know these numbers, you can get an idea of the future value of gold, and thus the value of your gold in UK pounds.
Now, you may ask what is the difference between the current price of gold in US dollars and the historical price of gold.
The answer is that the price of gold in US dollars was manipulated and the value of gold in British pounds will not be manipulated.

In the US, the Bureau of Engraving and Printing has been allowed to print
more money and also increase the official price of gold in US dollars.
This has given the impression that gold is now at a very inflated price.
All currencies are inflated and since gold is the only currency that retains its value, this has given gold an air of exclusivity.
However, gold is only an air; in the same way, US dollar is only a paper currency and nothing more.

The economy impact on gold as investment

At the same time, the economic slump is about to hit the world with full force and with it, all currencies will be in trouble.
This is because the debts of developed countries have increased and will keep on increasing.
With the debt of countries like USA, the US debt is about to cross the $40 trillion mark.
This is already alarming because every dollar that is spent, more debt is created.
With a debt of this magnitude, the value of the dollar will not have an upper hand anymore.
This will result in severe decline in the value of the US dollar.

gold bar

The US government is trying to solve the debt problem by printing more money.
The result is inflation; in the US and other countries inflation is seen everywhere.
At the same time, with the introduction of more and more money, the value of the dollar will also be decreased.
This is like driving with a tank and going over a cliff.
The result will be even more people to buy gold and thus higher prices for gold and
hence even higher prices for the jewelry that is made out of gold. In this way, gold will continue to be at the top.
Therefore, you can not just keep your gold jewelries in bank and expect that it will be safe.

Main reason for purchasing gold

Gold has been proven to be the safest form of investment.
It is the sole form of investment that has not suffered in fluctuation and that offers the lowest risks.
The prices of gold are going to increase from now on, you need to have it at the top and have it now.

This is an opinion based on fact that the price of gold has gone up.
It will continue to go up. The price of gold can only go up if people buy gold as it is a form of insurance against inflation.

A further reason for purchasing gold is that the value of the gold will continue to rise.
In case you need money, the safest form of investment is to have
your gold stored in a safe vault at a bank in Switzerland or some other place.

Finally, some other reasons that are known to exist for purchasing gold.
You may want to ensure that your assets are secure at a time of national emergency.

 

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in any way, shape or form advise. Use it at your own risk.***


 

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