The cost of living refers to the amount of money needed to cover basic expenses and maintain a certain standard of living in a particular area or region. It encompasses various factors such as housing, transportation, food, healthcare, education, utilities, taxes, and other essential goods and services. The cost of living can vary significantly depending […]
A financial crisis refers to a disruption or collapse in the financial system, characterized by severe disruptions in financial markets, institutions, and the broader economy. It is often associated with a widespread loss of confidence in the financial system, leading to a sharp decline in asset prices, bank failures, liquidity shortages, and negative economic consequences.
“I am not a financial advisor or consultant”. Forex is the global financial market that allows one to trade currencies. It is the largest and most liquid financial market in the world, with participants including banks, financial institutions, corporations, governments, and individual traders. In the forex market, currencies are traded in pairs, such as EUR/USD (Euro/US
I am not a financial adviser or consultant. What is Trading ? Trading describes the activity of buying and selling financial instruments, such as stocks, bonds, commodities, or currencies, with the aim of making a profit from short-term price fluctuations. Traders can be individuals, institutional investors, or financial institutions who engage in trading activities in
“I am not a financial advisor or consultant giving advice on financial terms”. What is Cryptocurrency? Cryptocurrency is a digital currency that isn’t regulated or controlled by any government or other financial authority. Cryptocurrency relies on secret codes to verify transactions. Cryptocurrency refers to digital or virtual currencies that utilize cryptography for security. They are decentralized
“I am not a financial advisor or consultant neither am I giving advice to people about how they should manage their finances”. Making financial decisions requires careful consideration and evaluation. Living off passive income sounds like a dream! no need to get up at a certain hour, show up to work day after day, or
“I am not a financial advisor, or consultant giving advice on financial terms”. Money is a medium of exchange that is widely accepted in transactions for goods, services, and debts. Money can take various physical and digital forms, including coins, banknotes, and electronic balances. In modern economies, money is typically issued and regulated by a central