Many novice traders often go to the internet to learn about the hottest stocks, and once they know where to invest, they just do it! This strategy is highly controversial. Having no plan and bursting onto the market with no technique can put your capital at risk.
If you’re in your mid-20s or 30s it’s probably hard for you to think of your life after retirement. Maybe you think that you can probably skip this type of article and get back to it in a couple of years. However, as a forward-looking person, you should realise that it’s never too early to think about your future happiness and well-being.
How much of a daydreamer are you? Well, let’s admit, sometimes we all fantasise about the positive outcome of our current financial situation. We try to stay optimistic and prefer to see the world through rose-tinted glasses. However, we live in a harsh reality, sometimes it’s better to stop daydreaming and start making a plan that could bring you real profit.
Who is an effective financier? The one who is able to find the best ways to control the company’s money, bringing wealth and prosperity for both, the company and himself; or the one who received his Master degree in Finance and consults his granny about her spending?
Budgeting is underestimated! There are people who believe that a rainy day will never come, so they spend money recklessly. It’s no wonder that at the end of the month they don’t have the slightest idea as to why they needed that dress, that coffee machine or those figures made from the Chinese porcelain.
The Financial Times Stock Exchange (FTSE) 100 Index, colloquially called ‘Footsie’, is one of the most prominent and frequently viewed stock market indices in the world. The FTSE measures the performance of the 100 major companies, listed on the London Stock Exchange (LSE).