Securities account: what do you need to know?
How does a securities account work? Using a securities account gives you access to new areas of investment, but you need to know a few things about the subject. The subject of securities accounts is complex enough, so if this article does not give you enough information, contact us to help answer your questions. Before […]
5 outdated advice on money
5 outdated advice on money that only lead to losses. The financial world has changed a lot in the last few decades. The principles remain, but if you want to be successful in your finances, don’t follow what’s out of date. Just as technology changes, so does everything that is based on it. Just think […]
The balance sheet
The balance sheet – Why is it good to understand? A balance sheet is one of the types of accounts, alongside the profit and loss account, that give you an insight into the situation of a business. Businesses need assets to operate. Not necessarily a lot, and not necessarily only in cash terms, but they […]
Market cycles
Stages of the market cycle The market cycle is a broad concept that refers to trends in different markets. Basically, it covers a period of time within which the market shows similar patterns. It is such a broad concept that it does not give a global picture at all. It also means that the length […]
How do you know you are paying for insurance unnecessarily?
How you can differentiate between necessary and unnecessary insurance? There are some questions to help you decide this. Insurances are a very versatile service, which is why it is easy to get lost in the maze. There was an article before about which type of insurance you absolutely need and which one you can avoid. […]
Types of shares
What effect do the types of shares have on your return? There can also be a big difference between stock and stock. Knowing that there are types of shares will help you choose the optimal security for you as well. The section on shares already talked about grouping. Then, among other things, these groups were […]
The stock market sectors
Purpose and characteristics of the stock market sector The stock market sector shows the grouping of stocks. Companies working in the same or at least similar industries belong to a given group. Of these, 10 are most often used, which we will now take in order. Of course, the company you choose may be outside […]
How to lose money on your investment?
What to do if you want a loss, or the small investor mistake There are many good solutions to how to win, but all of this involves not making the mistakes listed here. There are a lot of basic small investor mistakes, now the most common ones are coming. Avoiding these mistakes makes it much […]
Financial freedom
What is financial freedom? Financial freedom is a state in which, either on your own or at the household level, you are no longer dependent on your income from work. You can achieve this if: you have accumulated enough money in the form of savings, investments you get stable, predictable money not from wages but […]
The 13 most common budgeting errors
What budgeting error is most common? Budgeting error is a topic is a disliked topic for many people. You also have to deal with making a plan and it will only work if you do it right. If you make a mistake in the meantime, it’s not worth much. I have already mentioned some very […]