Investing while in debt
Debt is no fun, no one likes to owe money. However, debt is sometimes essential for us to progress and achieve our goals. The big question is should I pay- off my debt before I invest? How do I invest when I owe so much money? It feels like all my money goes to paying […]
GIRL, GET YOUR MONEY RIGHT!
Women, who have been hanging on the sidelines with their personal finances, are now getting ready to jump in, and it’s about time! We may be in 2022, but the global gender pay gap persists. Research shows that women, on average, earn 23 per cent less than their male counterparts for the same work. Until […]
Here’s why Putin won’t win
No one knows how Vladimir Putin’s invasion of Ukraine will play out (or as people say “what his endgame is”) but one thing’s for sure — predicting his next move and any subsequent impact on the global economy is a fool’s errand. Before I get into that though, and forgive me for being obvious, but […]
Build your Money Knowledge
What is a stock exchange? A stock exchange, such as the Jamaica Stock Exchange (JSE) or the New York Stock Exchange (NYSE) is a place/market where persons connect to buy or sell financial instruments such as stocks, commodities, and bonds. Stocks in a company can only be bought or sold on the exchange after the […]
Russia-Ukraine Conflict deepens Market Volatility
As inflationary and interest rate pressures weigh heavily on global markets, the prolonged Russia/Ukraine conflict is making matters worse. The escalating tension has intensified over the past week following US President, Joe Biden’s comment that he believes an invasion of Ukraine could happen “within the next several days”. Tension is also building on the stock […]
Geopolitical Tension and Global Stock Markets
For most consumers, the interconnectedness of the world means enjoying the luxury of sitting at home and completing online transactions with a merchant halfway across the globe. But what many don’t realize is that the more connected the world becomes, the more risks domestic players in the global market are exposed to. This maxim holds […]
The importance of being consistent with your investing
Today we will discuss the importance of being consistent with your investing. Let us start with a little math question. Don’t worry this one is not rocket science, and we will give you the answer. Max invested $100,000 in an investment with an interest rate of 10% for 5 years and Jodi invested $10,000 in the same investment, but […]
Facebook Suffers Massive Hit
Facebook’s $232 billion fall sets records for the largest one-day value drop in stock market history. Facebook parent Meta lost more than $232 billion in value Thursday. That’s the biggest one-day drop in value in the history of the U.S. stock market. Meta’s plunge, based on a weaker-than-expected revenue forecast, topped the prior record set […]
5 Easy Money Fixes to get rid of credit card debt faster
Credit cards are very convenient to use, however they attract high-interest rates. With interest rates trekking upwards, you can expect your credit card rate to also increase. If you have a credit card balance, this means you will your debt will increase. Let us look at five sure ways to reduce your credit card debt faster: […]
Volatility and The Market
If you’ve been in the investment market for the past two years, it’s not difficult to see how the current stock market conditions could be perceived as unusual. But for those who’ve dabbled in equities for at least 5 decades, your perspective may be different. To borrow from a colloquial phrase “experience teaches wisdom”. This […]