The news that breaks on the hour is late. If you wait for breaking news, you are late. If you are late, you are a dead fish in the water. Whales like Bobby swallow you whole.
You are watching billions, and you can’t quite relate to some terms, and you stop watching??
Well, let’s break it down.
Short answer: Axe Capital
Long answer: A hedge fund pools money from investors to buy securities or other types of investments. Now, that’s an oversimplification.
Hedge funds collect funds from selected people or institutions and actively manage them using various strategies…
Originally published at https://iamuhammadtahir.com.
An old woman, grey yet energetic, comes out of the grocery store smiling as she has done every month for the past five years. Her grocery list hasn’t changed a bit neither has the fantastic feeling that comes with buying them. Yet, she noticed that she has been spending more than her budget. Something isn’t adding up. When she reached home, she goes through her purchases and sees that the current prices of the groceries are different from that of previous years. Lo and Behold, their prices have increased over the years. …
In a David and Goliath style, retail investors takedown hedge funds and the wall street big boys. This is one unprecedented move that would forever shape the financial world and be read in history books. This is how it went down.
Reading from Hameed’s newsletter, he talked about how to de-risk your life, do things to reduce risks, and create safety nets for yourself.
On the other hand, Erik writes, taking asymmetric risks is what we have to do. Asymmetric risks are risks with an unlimited upside in a success case and meaningful learning or development in a downside.
They both agree on optionality.
Taking risks with limited downside gives you more options. …
Ever wondered why some people get so good at managing money at such a young age? Most are them are fortunate to be taught the value of money and how it works.
Managing money is an adult life thing for sure but you’d be doing your children a great service and placing them at an advantage.
Children learn fast and what is learned during childhood usually sticks. Do them the favor expose them to how money works. Let them try managing their own money from the get-go.
Before investing, there is a need to clean up your finances and know where you stand financially. Here are some steps to take to tidy up your finances.
GETTING ORGANISED: To have our finances in order we have to get organized. This means having all your documents intact, Your bank statements, receipts, wills, insurance papers, tax clearance, and all financial agreements you have with anybody and everybody.
SETTING FINANCIAL GOALS: We all have goals we want to accomplish and to accomplish such we must approach them with a plan. So, we have to use the SMART method. Which stands for??
When you have investments, there would be winners and there would be losers. The question is when do you cut your losses and move on.
Just like in every endeavor there are times you hit the goal or are on track and there are some not so good times that you neither hit the goal nor seem to be on track. Do you give up or keep putting effort?
You might wonder when should you discard an investment and when should you double down on it.
When you average down, you are reducing the overall cost of an investment. For…
When people throw around the word investment all around, you begin to wonder, what else is not an investment? We are greedy and want the returns fast. Remember, fast money burns quicker.
Here are some tell-tale signs that it’s probably not an investment as advertised
Received an email today, and for the next few seconds, I was like Huh?? Seriously??
It seems I am turning this into a diary whenever I can’t think of anything related to personal finance to write. Happy reading
It just occurred to me that the point of the BYOB challenge was that I wrote every day. Here I was writing every day, yes but it seems I have misinterpreted the point. I did not have to publish every day!! That was what was in the email I received.
However, I would continue to write and publish till the 30th of…