Personal Finance Blog for Everyday People
My wife and I make extra money by trading stocks online. We started trading stocks as a side hustle when we needed to make extra money a few years ago. We had some luck early on while the market was making new highs every few months. I think everyone was making money trading at that time. We used our initial trading profits to pay off our student loan debt.Unfortunately our … [Read more...]
There are many excellent public companies with stock market upside outside of North America. How does one go about purchasing a stock on a foreign exchange or otherwise obtain some exposure to foreign companies and what considerations should be taken into account? While there are others, the major worldwide stock exchanges include: NYSE (New York Stock Exchange), NASDAQ, Japan … [Read more...]
A sovereignty debt crisis is when a country (as opposed to a business or other organisation) is unable to pay off its debts. If they cannot afford the interest payments and their credit rating is lowered substantially, then this could trigger a debt crisis.Debt crises have many ramifications, including lower economic growth and a period of austerity. This doesn't just … [Read more...]
It is a generally accepted fact that renovating or redesigning your home effectively increases its value in the market. Because of this, it is going to be a good move if you allocate budget for interior redesign should you decide to sell your current real estate property.This article presents three interior decorating styles that make good use of wooden pieces or at least … [Read more...]
If you are a landlord, when you place your property for rent, you will find that many people will call you to ask if you allow pets. Allowing pets is your choice, but with so many people out there with dogs and cats these days, it may be a good idea to consider allowing them.There are many things that you can do to ensure that your property is well protected from wear and … [Read more...]
Usually investors like to fade sentiment surveys because when the crowd is leaning in one direction, the pain trade is a reversal. The huge long position in oil this year eventually led to a 40% decline in WTI from the October high. The highly positive equity sentiment in January 2018 led to a correction. On the contrary, the Merrill Lynch fund managers’ survey has a great … [Read more...]
The majority of retail Forex traders are attracted to the market because currencies are trading around the clock, volatility can be quite high and leverage can boost profits even in the very short run. Unfortunately, many of them miss the opportunities that hide behind long-term trading.Long-term trading – also called position trading – is a trading style in which trades … [Read more...]
We’re a country of extreme weather and every now and then hail makes an appearance, causing most Aussies to cry on the inside (or on the outside if the damage is extensive enough) – because when the weather storms hail, it storms hail. No tiny pieces of ice here, a hail storm can mean golf balls raining from the sky. And if those golf ball sized pieces of raining ice hit your … [Read more...]
Being declared bankrupt can be a major life event and it can have a dramatic impact on your finances for the foreseeable future. Don’t panic though – it is possible to get a loan after being declared bankrupt and there are many people who fully recover financially after bankruptcy. How long does bankruptcy last? Generally, the full term of bankruptcy is up to 5 years. This … [Read more...]
Australia has the ideal climate and landscape to enjoy some of the fastest used cars on the market. Sunny days and wide open roads make for great driving conditions and for speed lovers, there are a whole host of options of fast, used cars.Getting a fast used car in Australia for under 60k is easier than you might think with lots of models from a variety of different … [Read more...]
