The Simple Answers to Investing You Need to Know

Investing with Behavioral Finance

Are you having trouble making a decision when it comes to investing? Do you find yourself overthinking your options of what investment or which investment company to choose and then unable to make a choice? In this article, we will provide some insight into why we tend to over-analyze and not accept the simple answers to investing that come to us, and how to get past it. We have all heard countless times that it’s important to plan your finances in order to achieve your goals. However, having a plan does not matter if no action is taken afterward. A recent study by the ANBIMA (Brazilian Financial and Capital Markets Association) provides some insight into how our approaches to planning … Read more

What Happens if You Don’t Pay Your Debts

Should you invest or pay off debt?

Many people go for credit to sort emergencies and situations that cannot be avoided. Others get loans to finance their businesses with a promise to repay within a specified period of time. However, things happen that are beyond your control that make repayment impossible. Defaulting your loan, credit card, or even utility payments could see you rub shoulders with debt collection agencies, and this could mean a number of things. You need to understand the consequences of defaulting a loan so you can prepare well while taking one. Your Credit Report Is Impacted One of the things you don’t want to mess with is your credit score, which will determine if you will get a loan approved by other lenders … Read more

Why We Hate Salespeople – One Hurdle People in Sales Need to Overcome

How Clients Buy

The following is a guest post by Tom McMakin is the author of “How Clients Buy” (Wiley, 2017) and the CEO of Profitable Ideas Exchange (PIE). If you’d like to contribute a guest post to Money Q&A, be sure to check out our guest posting guidelines. A woman with a fuchsia jacket and large hoop earrings works to upsell us. “Are you interested in the cold-weather package and undercarriage protection.” A guy at the mall jewelry store with pants that hang impossibly low peers over the counter and says, “We find a good rule of thumb is three months’ salary on an engagement ring. Not sure what you make, but I wanted to show you this $15,000 princess cut.” Most of … Read more

4 Tips on Turning the Corner in Your Forex Trading Career

Essential Tech for Currency Trading Online

For most people, the decision to enter the world of Forex trading is mostly about making more money. While this type of trading will not make you an overnight success, it can provide you with a steady stream of income. In order to have success as a trade on platforms like metatrader 5 web, you will need to devote some time to researching the various currency markets. The last thing you need to do as a new trader is to start trading real money from the outset. Utilizing the power of demo Forex trading accounts is a great idea. With these demo accounts, you can build up some confidence before starting to invest actual money. Once you are ready to … Read more

How High Can We Expect Bitcoin to Go this Year?

How Secure Are Transactions Done Through Bitcoins?

Bitcoin hit a record $9,000 price in November 2017 after setting a series of record highs and is now near the $20,000 mark. You can find as many articles expecting the bubble to burst as saying it will pass $20,000. How far can we expect Bitcoin to go this year? And what are the long-term prospects for cryptocurrencies in general? We’ll discuss the trends bolster Bitcoin pricing now and in the future. Legitimization One factor affecting Bitcoin prices in the future is the legitimization of it. For example, the SEC was, at the time of writing, considering approval of a Bitcoin exchange-traded fund. People can buy ETFs for energy and medical companies with their retirement accounts since the wholesale rollout … Read more

What You Should Know Before Investing in Stocks

Should You Wait for a Stock Market Correction Before Investing?

Investing is a financial necessity. If we want our money to grow and to provide for us in our retirement, we need to place it in some type of instrument that will increase its value continually until it is time to draw it out. One of the most time-honored techniques for doing so is getting involved in the stock market. Stocks have proven to be a profitable option over the decades, in spite of depressions, recessions, and downturns. As a result, a very high percentage of people choose to invest in the stock market. What to Know Before Investing in Stocks But, it is not something that should be done lightly. For all the people who have made millions in … Read more