Building wealth is a very touchy topic, considering there are numerous “quick riches” schemes, which people still fall for, unfortunately. But it’s important first to note that there are no shortcuts when it comes to building wealth. There are three basic steps you need to follow when you want to...

"Investing is the act of focusing resources on something, to get more" The above is Jim Reynold's definition of investing. Let's dig deeper. Investing - What is it? To invest, you need capital. Capital is an accumulation of a currency. To have capital you need to save. Saving can only take place if you...

There are many investing decisions to make as an investor, especially when it comes to what investment strategy suits you. One of those debates will hinge towards the individual stocks vs. equity funds argument. Which one of these is best for you? For starters, what's the difference between individual stocks...

It’s tax season in the U.S., and the IRS wants to know if you sold or bought any cryptocurrencies in 2019.  For the first time, the IRS will ask if “At any time during 2019, did you receive, sell, send, exchange or otherwise acquire any financial interest in any virtual...

It is no secret that the Covid-19 pandemic has disrupted every aspect of our lives, leading to the loss of jobs and businesses' closure. One silver linings are how people have discovered the need to be self-employed or build multiple revenue streams. Many people have started businesses with all...

Looking for a home to buy is much easier than the buying process itself. The process becomes even more overwhelming when you are haggling for the best price. Unless you spend your day’s haggling for prices and best deals everywhere, negotiating for the best price for your next home...

How to become rich? A checklist About the Self: Be passionate and alive. Meditate Know your issues/weaknesses. Have strategies to deal with them. How do you deal with Fear and Greed? Leverage your strengths. Learn from the mistakes of others rather than your own. Check in with your state of...

As you grow older and become more independent, you realize that your physical health is not the only thing that matters. A healthy financial life helps alleviate your stress levels and promotes a more stable lifestyle. Although there is no specific score or number that measures our financial health, it’s...

Peer to peer lending is a system in which borrowers and lenders connect directly to lend money to each other. The internet has become a matchmaker between borrowers and investors or lenders who would like to co-invest in such loans with other investors. Co-investing taps into the power of...

Is financial independence worth pursuing? What is the cost of financial independence? Life is a zero-sum game because we have limited time. We can only do so much in the 15 hours we remain awake every day. This has to be subdivided between learning, the day job, family, and why not...

Earn it and spend it because you only live once, this is the YOLO lifestyle. FI seekers earn it then invest it building their way to financial freedom. This delays gratification, but gives greater freedom later on. Those who are successful in their FI journey will so win control over...

List of international investments open to non-resident investors. P2P Lending Mintos: A p2p platform based in Latvia       The stock market is an efficient investing machine, the alternative investment market much less so. There are opportunities out there destined for sophisticated, high net worth individuals and the risk-conscious retail investor. Stock markets on all four...

When investing in real estate, it is good to know where to look for the best deals. Market listings are not the only option for this. Unfortunately, most beginner investors do not know that off-market properties often have better offers. What Is An Off-Market Property? Off-market properties or pocket listings are...

While it might be a good idea to have some debts, repaying some personal debts might not be a smooth-sailing adventure. You might find yourself out of a job with lower pay or bedridden with no source of income. For anyone in such a situation, debt settlement could be...

Whenever an investing conversation occurs, your portfolio manager or financial advisor will probably mention the words “risk profile.” Even in companies, investors are always talking about the risk profile of the companies they are interested in. So, what is a risk profile? What’s a Risk Profile A risk profile is an...