POST CATEGORY : Finance

The Ups and Downs of Bitcoin

As bitcoin gains in popularity, more and more people are getting interested in it. But what is bitcoin, and why is it so popular? Bitcoin is a digital currency that is created and held electronically. It is not regulated by any government, and its value is determined by the market. Bitcoin has been around since 2009, and it has had its ups and downs over the years.

Investing in Bitcoin

In 2013, the value of a bitcoin reached a high of $1,242. However, the value plummeted later that year, and as of January 2018, the value of a bitcoin was only $13,600. So why does the value of bitcoin go up and down?…

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Outsourcing Can Save Your Business Real Money

Outsourcing is a key ingredient used by many business owners to make jobs easier and free up schedules. Business owners can save a lot of their time, which they can use for generating more income and developing new and productive ideas. It is a practice that triggered the popularity of outsourcing exponentially.

Outsourcing to save money

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A second advantage is that entrepreneurs can outsource specific jobs to professionals who are experts and possess the fundamental skill set in that particular field of business. Before an entrepreneur sought their support, they were struggling to cope with those tasks. Thus, outsourcing results in saving money, effort, and time.…

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Which is Better, a Post Office FD or a Bank FD?

What is the purpose of your investment? It is according to that, and you can make investments – not the way the market can sway you. But, the truth – the market has several shifts altogether. Here, let us talk about the important schemes in the market for a while now.

Fixed deposits

Let us talk about the most sought fixed deposits – fixed deposits from the post office and fixed deposits from the bank.

It could be confusing to choose one, but here you can look at both of them up against one another to know which one is for you.

What is a Fixed Deposit?

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4 Tips to Boost Your Profit Margin in Year One

Starting a business involves some somewhat daunting stats – and the media certainly don’t do us any favours for our nerves. After all, year after year, we’re bombarded with damning statistics that tell you the chances of succeeding in your new enterprise are slim.

Entrepreneur analyzing finances

Well, today is about shifting the balance. If you have taken the plunge to start your own business, read the following advice, which will showcase some essential tips to help you boost those crucial profits in your first year of trading.

Get organised

One of the main reasons businesses fail in the early stages is that they cannot manage their cash flow effectively.…

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Here’s What You Need to Know About Creating an Investing App

In a world where technology is changing, and pandemics are forcing businesses online, fintech is flourishing. We’ve all gotten used to having everything we need in the palm of our hands-on our smartphones.

Businessman using investing app

We need easy investing apps since stocks are in demand and cryptocurrency isn’t far behind. Buying and selling stocks, converting currencies, and building passive income are convenient services people want. Why not make it easy?

Nowadays, you can make a lot of money by developing investing apps: Money management features, commissions on trades, and even selling it to a big company (who knows, right?) are all ways you can make money from the app.…

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7 Possible Uses for a Payday Loan

People turn to payday loans not to get one-off expenses, like paying bills, but for various reasons. Payday loans are reputable for their fast access, easy processing, and are ideal for emergencies.

Taking payday loans

This article will take you through the common uses of payday loans. But first, let’s see what payday loans means.

What is a Payday Loan?

A payday loan is a short-term, high-interest rate credit line for small cash—usually $200 or less. These loans are easier to acquire than traditional bank loans; borrowers will typically only need an income and an active bank account.

However, financial experts advise against payday loans, mainly if the borrower is likely to have problems paying back the loan in time.…

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What You Can Do as a Qualified Purchaser

Certain regulatory classifications dictate which investors can pursue investment opportunities that aren’t registered with the Securities and Exchange Commission. “Qualified purchaser’ is one of the most common ones. Such an investor can, say, invest in shares issued by startups and privately held companies. While such investments carry a certain amount of risk, as do all investments, they can also reap significant rewards.

Qualified purchaser

There are other things you can do as a qualified purchaser.

Let’s look at that and more.

What is a Qualified Purchaser?

Along with accredited investors, qualified purchasers are among the most common regulatory classifications. Rather than just shares that are sold in markets that are open to the public, these investors can take advantage of private offerings and make other moves that we will discuss.…

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Profitfx Launches Trading Website for Socially Conscious Investors

On the 17th of January 2022, ProfitFX joined the race to launch a top-notch trading website for traders and investors globally, intending to empower them and to shape their future by achieving more ROI on numerous assets.  It says, “early users of the platform are already posting reviews of our superb experience using the website as they stand the chance to make an increased return on investment, ROI”.

Using trading platform

Defining ProfitFX

ProfitFX is a top-tier trading platform, owing to its advantages for traders and investors. Regardless of their trading experience, anyone can use the company’s platform. Investors may now identify and manage their trading portfolios in accordance with their values, unlike in the past.…

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Are Annuities a Safe Investment?

As you get older, you should keep an even closer eye on your money. With retirement looming, the decisions you make with your finances stand to impact the rest of your life in a fundamental way. This is why many older individuals look to purchasing an annuity when they begin planning for retirement.

Annuities

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An annuity is a safe way to invest your money and have it returned to you through a steady stream of income to ensure you won’t outlive your financial assets.

But for many unfamiliar with this type of annuity, it’s natural to be hesitant.…

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Top Cryptocurrencies to Watch Out for in 2022

What a great year it has been for cryptocurrency! In 2020 when the stock market took a hit and the world came to a halt, crypto really took off. People took notice of this market and the growing opportunities in many parts of the world. Many people invested heavily and made a profit in 2022. There are some cryptocurrencies that outshone others and are expected to come out on top in 2022.

Bitcoin

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There were a lot of cryptocurrencies that have gained popularity. Let us take a look at these cryptocurrencies so that you know which ones are good for you!…

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