Guru's Articles
- Posted by: Jun Wang
Why invest in currencies? First, the foreign exchange market is the biggest and most liquid financial market worldwide, with more than $5 trillion being traded everyday. There are at least five other reasons to venture in currencies. Trading Arena. The news driving the currency prices is ...Read more
- Posted by: Goro Yang
All investments are either risky, safe, or both. But they differ on the levels and types or risk. Some are manageable, some are not. The following are 10 of the riskiest investments. Alternative Investments Such investments can either provide solid returns, give substantial losses, or become ...Read more
- Posted by: Chaoxiang Lee
Business leaders have been more pessimistic on the overall state of the Canadian economy. Based on a survey conducted for Chartered Professional Accountants, approximately 40% of senior company managers have become less hopeful the economy will exhibit strong performance over the following year. ...Read more
The euro made its debut as the eurozone’s official currency in the financial market in 1999. Several economists at that time projected the common currency as the world’s new reserve currency, stipulating the financial strength of the western Europe might be formidable enough to rock the US ...Read more
The 2014 Consumer Financial Literacy Survey, conducted by the National Foundation for Credit Counseling, revealed 59% of adults in the United States show knowledge about personal finance, while 73% of them believe they could benefit from advice and recommendations from financial advisors. However, ...Read more
- Posted by: Apinya Kamon
The popularity of bitcoin continues to rise. Several retailers have integrated the virtual currency into their businesses. Like in any other investments or business ventures, bitcoin-related fraud cases emerge. Bitcoin dealings are not supervised by a regulator or institution, making it susceptible ...Read more
Exchange rates matter a lot when traveling abroad, may it be for business or pleasure. Sure, a lot of money changes or entities can help you. But how do you know if they are giving you the best deals? First and foremost, you need to understand how exchange rates work. Remember that a US dollar is ...Read more
- Posted by: Talitha Taslim
The Swiss has long been recognized one of the safe haven assets in the industry. In times of economic turmoil, traders can place their money in the currency, knowing it would withhold its value. The franc has become more popular because of its steady performance in the European crisis. A trader can ...Read more
- Posted by: Goro Yang
Some of you are may be wondering what is the best time to find a new job. Frankly speaking, the best time to do so is while you are still employed. Why? First, it puts you in a better negotiating position. Second, it allows you to conduct a thorough job search. And lastly, it enables you to turn ...Read more
Robo-advisors are dipping their hands into the investment advisory business. Consulting firm A.T. Kearney projected assets under managed by robo-advisors will increase 68% annually to approximately $2.2 trillion in five years. About half of that is anticipated to come from money which was already ...Read more
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
- Posted by: Jun Wang
Exchange rates pertain to the overall currency rate versus the other. It pays to comprehend how this rate works and how it can be applied in everyday life. For instance, if you are visiting Poland, you have to purchase the zloty, their local currency. Assets holding the same features must be sold ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
- Posted by: Chaoxiang Lee
Change is inevitable. Let’s face it. The foreign exchange market is a jam-packed market since numerous news and data shape movements in this market. Such changes influence the biggest economies and reserve currencies around the globe. Picture this: any major event or two (or any economic report) ... Read More
You may desire to find the most suitable answer for this question. Can we find solace in Japanese yen? Some emphasized the link between surge of the currency and risk aversion among markets is no longer relevant. We normally consider the price activities of the currency as a work of risk rather ... Read More
Certain European such as Poland and Sweden still use their own currencies. Their reason? It is more than patriotism. Currently, the EU has 28 member countries. Nine states are excluded in the bloc’s monetary union. All other EU countries, except Britain and Denmark, hold the right to defer ... Read More
Being one of the largest markets worldwide, it makes sense to understand the threats engulfing the foreign exchange market. Traders also need to recognize that the ultimate goal of currency trading is to bolster its profitability by selling at a high price and purchasing at a low price. Unlike ... Read More
How does our view on money shape the way we manage our finances? It can simply prompt us to spend wisely or excessively. We hear several successful and disastrous money management stories. From these accounts, we can pick up something which can help in our financial decisions. This is called money ... Read More
