Category: Build Wealth

Inspiring Rags To Riches Stories

Photo by Georges Biard // CC BY-SA 4.0

Caption: Hollywood stars such as Sarah Jessica Parker and Leonardo Di Caprio have come from humble beginnings

Often when we think about the people who have millions in the bank and little to worry about in the way of debt, it’s tempting to believe that they can only have achieved such wealth with a helping hand and privileged background. It’s not an unfair assumption to make. There are wealthy dynasties and plenty of rich people who inherited wealth. Read more

How Can Forex Trading Make You Money?

Can you really earn money from Forex trading? Most will probably answer “no,” but if you understand how Forex trading really works, you can actually make a profit out of it.

 

While it is possible to make a profit out of Forex trading, the odds are all against you, especially if you don’t take the time to plan and prepare to trade. Even for a skilled Forex trader, the odds may still not be in your favor. Making big money in Forex trading may be something of a gamble, but once you have a successful trade, the rewards are incredibly big as well. If you want to try your luck in this trillion-dollar exchange market, you might want to look at this great dummies guide to Forex trading.

 

But first, you’ll need to learn how you can make money from Forex trading. Read more

Learning Forex – Where to Start

Thousands of people around the world earn a nice income trading currency in the foreign exchange market. The concept may not seem complicated at first, as buying low and selling high is easy to understand and is applicable across all types of investments such as stocks, bonds, and real estate. Yet, Forex is different. It is possible for you to make money even if you buy high or sell low. It also has terminology and strategies that can seem complicated at first. For instance, when you trade stocks, you buy stocks in one transaction and sell stocks in a separate transaction. With currency, you buy and sell in one transaction simultaneously. Read more

How Growing Your Money is Like Gardening

There’s something so satisfying about planting a seed and watching it bloom into a beautiful plant. The same gratifying experience can be enjoyed when you learn how to grow your money effectively. Use these tips to discover the many ways in which increasing your personal wealth is similar to gardening. Read more

How To Make The Most of Your Investment In ISAs?

With the start of the financial year fast approaching, this is the best time to look into your Investments Savings Accounts (ISAs). Every year on the 6th of April, you get to see for yourself how hard your money is working for you, as a new financial year is rolled out.

Whether you are a veteran ISAs investor or you are just starting off, this guide will help you to understand the intricacies of ISAs. Likewise, you will get to learn on the ways on how to make the most of your investment in ISAs.

The beauty with ISAs investments is that you are exempted from income tax or capital gains tax on the interest earned.  Read more

High Yield Savings Accounts

Why Should You Consider Switching to a High Yield Savings Account?

When it comes to saving money, there are so many different ways to do it that it can make your head spin. Since it is a New Year, we wanted to take a look at how we were saving and see if we could reconfigure things to save us more. Enter our financial trainer with the brilliant idea to switch our savings to high yield savings accounts instead. So, how does this ultimately work out better for us and should you consider switching to a high yield savings account also? Read more

Refined Strategies for Limiting Losses When Day Trading

Day trading consists of buying stock and then turning around and selling it on the same day to make a profit. Knowing how to limit your losses when day trading is essential to minimizing inherent risks. No day trader can turn a profit each and every day but with the right strategies in place, you can enjoy significant earnings and long-term success. You may even find you want to make a full-time career out of being a day trader.

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