5 Ways Investors Can Escape Economic Cash Crunch

Portfolio Diversification. In investments, not putting your eggs in one basket is called "Portfolio Diversification. Portfolio diversification is the process of investing your money in different asset classes. It's basically having a blend of investments. Diversification is key to keeping your portfolio balance healthy especially in periods of economic downturn.

Why Is It Important to diversify? It’s simple! To minimize the overall risk. In the event of you carrying all your eggs in one basket, there's a greater risk of you losing all of them if something bad happens.
However, if you place your eggs in different baskets, you still have some eggs left if anything happens to one of the baskets. This can also be likened to your investments.

When you effectively diversify your portfolio, you minimize risks. So, even if unforeseen market events come up, all your investments will not be uniformly affected.

How Can You Diversify Your Portfolio?

1. Choose A Range of Assets
This means dividing your investment portfolio among different asset categories such as stocks, mutual funds, bonds, etc.

2. Spread Your Investments
After choosing your range of assets, spread your money across them. If you're much younger, you can afford to take more risks and be aggressive with growth. However, if you are older, you can’t be as aggressive. You should spread your investments more conservatively.

3. Invest In Global Markets
The internet has made it easy and possible to invest in both local market & the global window. With the help of your mobile phone, you can easily invest in the Nigeria Stock Exchange, US or London Stock Market, etc to mention a few. 

When you invest in global markets, you get exposed to investment opportunities that are not present locally and hedge currency risk

4. Re-balance Your Portfolio Regularly
Portfolio diversification is not a one-off event. Ensure you keep building your portfolio.
There is a concept called "cost averaging." Cost averaging helps you to put a fixed amount of money into an investment at regular intervals, thereby cutting down investment risks.

5. Don’t Over-diversify
If you hold too many assets, it can do more harm than good to your portfolio. This means if you over-diversify, you may be holding back your capacity for growth. 

This is because if you have little proportions of your money in different or too many investments, your portfolio risk is definitely low, and so is your expected rate of returns. 

While portfolio diversification is important, we should not go overboard and spread it too thinly or even invest in assets that we don't require. 

You’ll also be dedicating time as well as capital, as diversification requires the regular monitoring of the health of your portfolio. Some investors choose to open fully managed portfolios, to pass over this responsibility to a professional. 

We should also know that diversification doesn't mean the possibility of losses getting incurred is eliminated completely. When you diversify and balance effectively, you lower the risk of losses to the barest minimum. Have a nice day.

Key Rules To Make Good Income Working From Home (Part 3)

 1. The Computer.
You should pay close attention to what computers can do for you in your plans to escape your job and make your work-at-home dreams come true. People who want to run a home business usually have a very small staff, in fact, a staff of one yourself! 

The rest of your needs are handled by independent contractors, depending on the kind of business you are in and the services you need. To run a serious, truly global home business, a computer is as necessary as oxygen is to life on earth.  

Those who try to fool themselves into thinking they will ever make a serious go of their home-based business without a computer are sadly mistaken. Computers give you two primary advantages: (1) They enable you to store large amounts of data and to sort by data field so that you can easily get the information you need.

(2) They enable you to develop a pattern document for every situation you'll ever be in in your business.  To run a home-based business successfully, you must anticipate just what situation will emerge and prepare accordingly. A business is based on a characteristic series of situations and a characteristic set of things that happen -- or that do not happen. 

 

You must be prepared with the proper document for each situation.  Once you have established all the protocols, and have experienced all the situations associated with your kind of business, the time will come when running your business is, in large part, a repetition of certain key tasks. 

 
 Computers are all about handling repetition swiftly and efficiently. But the computer is much more.  Today, by connecting a computer to the phone line with a modem, your machine becomes more than a data storage system and repetitive task handler. It becomes a multi-task, multi-level communications processing center that connects you to the globe. Such things as e-mail, on-line services, the Internet, the Web and more can't help but revolutionize the way business is done. 

 
 If you do not become a part of it today, you certainly are going to suffer for it greatly in the near future. If there is an effective way to market products on the Internet or any other on-line venue, no one has truly discovered it yet. The only people making money on Internet marketing are the people who are selling the concept of doing it. 

 If you have a product or a service and expect to reach millions of buyers through computer screens, you are sadly mistaken. The Internet is definitely where a lot of innovative things are happening. It's a great place to exchange ideas, find out what hot, what's not, and stay on the cutting edge whatever your particular business is.

 
2.  Your Business Hours
If you've been paying attention to the first four points, you're well on your way to becoming a successful home-based business owner.  Now we don't want you to blow it by thinking you can keep banker's hours. The global market is a 24-hour per day market, and a 365-day per year market. Let the others sleep late on Saturdays and take Sundays off. Those times could be your day to move and corner loads of customers that the others miss. You should get up earlier and quit work later. 

You should be open for business on holidays and be available 24-hours a day either personally or through your answering service. "But wait a minute!" you might be thinking at this point!  "I thought that working at home was all about freedom and an end to drudgery. This sounds like nothing but  endless work!" Well, here's the thing.  For most of you who quit your regular jobs to go to work for yourself, you'll discover something magical. Have a nice day and a great week ahead!. 

Read Part 1 Here.

Read Part 2 Here.

2 Key Rules To Make Good Income By Working From Home (Part 2)

1. Eliminating the Home-Office Mentality
To move our work home, however, does not mean we eliminate every single thing about the traditional home office. Rather, we should select what is useful and what is not. It's a mistake to quit your job and go home with a "home-office" mentality. By this we mean thinking small, and believing that you will automatically sacrifice a decent income in exchange for your freedom. Please! Do not think small! A quote again says:"Too many home-based practitioners fail to understand the benefits that accrue because of the professional style they have selected. 

They focus on the "home" part of the business rather than the "business" portion, and as a result are doomed to "small incomes." Working at home provides many benefits. We can save a lot of time because we don't need to commute and we have more control over our schedule. We can save a lot of costs because we don't have the overhead requirements of larger businesses. We can cut our stress and so have more energy because we avoid many of the characteristic problems of life in the late 20th-Century office. We must work these advantages to our profit. 

2.Your International Headquarters
The German philosopher Immanuel Kant said that if you sit at home alone at your empty kitchen table, eventually, the "whole world will come to you." Well, today you don't need the great mind of a philosopher to make the entire world come into your living room. What you need is a phone jack. We live in a unique time in history. Satellites, fiber optics, the integrated circuit and other communications miracles means that you can be just about anywhere in the developed world and establish communication with anyone. 

The telephone, the fax machine, the computer, the modem, the internet, all of these are not only affordable by any middle-class citizen; they are the key to eliminating your need to drive a hectic freeway everyday to get to a place of business outside your home. With these devices at our disposal, we should allow ourselves to "think globally."  Too often, home-based businesses focus on the narrowest market, the neighborhood, the county, the city or state. This is fine if you are providing a local service and are content with a certain moderate level of income. But if you want the big bucks, you should not think small.  Also, you should not believe that, just because you are home-based, you cannot compete with the big guys.
 

The purpose of any business is to seek assess and seek out every possible market for its products and services, to ascertain whether these markets have the ability to buy these products/services, to determine whether there is sufficient profit in these markets to warrant approaching them and once positive assessment has been made, to launch a sustained marketing campaign that gets a significant percentage of this market to purchase the product or service in question. 

 

Your home telecommunications machines will not only enable you to do this, but they can also help you overwhelm larger, more cumbersome traditional businesses that are your competition. As a home-based entrepreneur, you will not have all of the disadvantages of your more traditional competitors:  no office rent, equipment or expense; no employees to pay salaries and fringe benefits for; no time wasted on meetings, employee problems, paid sick leave, etc.

All the money your competitors spend on heating the office and buying furniture could better be spent on the actual marketing itself. As a home-based business, you will be already positioned where the traditional business is currently struggling to move: toward the lowest possible overhead and the greatest possible concentration of dollars on products/service development and product/service marketing.

 

So, a home-based business takes full advantage of three major goals of modern business success:
(1) Vastly reduced overhead
(2) Easy access to a global market
(3) Full advantage of telecommunications.
To not have the basic telecommunications toys, The computer, modem, fax, and telephones is impossibly stupid. Still, even in this day and age, many of people strongly resist the one element that is undoubtedly the heart and brain of any successful home business the computer. 

 

The computer is so important in fact, we have made it a category all itself. And remember, learning to use a modern computer is easier than learning to drive a car, so you have no excuse not to plunge forward.  Have a nice day. Read Part 1 Here.

5 Tips To Improve Your Blog Earnings Every Year

1. Backlinks to just any site or blog are no longer as important as they used to be, stop focusing too much on them. 

And even if you think you need it, share some of your stuff on authority site like nairaland or other related forums for traffic.

2. Choose a niche and be focused, we're all motivated by bloggers who combine politics, entertainment, sports and everything else on one blog. Unless you're lucky and you have good traffic source from social media, it may not work.

3. Write articles that solve problems. for example, if you can write a good article on eNaira use, recovery of lost social media accounts, etc. what it is, how it works, how to buy it, where to buy it etc, I guarantee search engines will like you and your adverts will reward you for it.

4. If you're a lone blogger like me without collaborators or a team of writers, your best bet is to focus on SEO, stop sharing your url on any unrelated or just random Facebook groups to trick people into visiting your site.

 It doesn't work much any longer and it will reduce your cost per click earnings even if you manage to get few traffic visits like that.

5. Follow people who are getting traction online, go to their sites, follow everything they are doing right, add yours and now finally able to make more income monthly. 

Have a nice day. Click here to subscribe.

 

Fundamental Technical Analysis And Tools Of Trading The Markets

Fundamental analysis is the evaluation of non-visual information to evaluate trading activity and make trading decisions. Whereas technical analysts utilize charts and mathematical indicators to quantify price activity, fundamental analysts utilize market news and market forecasts to qualify price activity. There are numerous market events that move financial markets every week. Some affect every market instrument while others affect specific instruments. If the outcome of a market event has been fully discounted by the market, traders will not notice any discernible impact on their charts. If the outcome of a market event has not been fully discounted by the market, the result is either price appreciation or price depreciation and traders will see this activity on their charts.

Every week, there are fundamentally-important market events that are scheduled in every country at specific times. Similarly, there are fundamentally-important market events that may not be scheduled for specific times. Some countries (Germany, for instance) often do not schedule market events for specific times. The outcome of market events is sometimes leaked in advance in certain countries (Germany, for instance) for different reasons. Market events include the release of economic data, speeches and testimony by government officials, interest rate decisions, and others.

Technical Analysis

Technical analysis differs from fundamental analysis in that technical analysis is applied only to the price action of the market, ignoring fundamental factors. As fundamental data can often provide only a long-term or "delayed" forecast of market price movements, technical analysis has become the primary tool with which to successfully trade shorter-term price movements, and to set stop loss and profit targets. Technical analysis consists primarily of a variety of technical studies, each of which can be interpreted to generate buy and sell decisions or to predict market direction.

Support and Resistance Levels

One use of technical analysis, apart from technical studies, is in deriving "support" and "resistance" levels. The concept here is that the market will tend to trade above its support levels and trade below its resistance levels. If a support or resistance level is broken, the market is then expected to follow through in that direction. These levels are determined by analyzing the chart and assessing where the market has encountered unbroken support or resistance in the past.

Popular Technical Analysis Tools

Moving Averages (MA): Indicators used to smooth price fluctuations and identify trends. The most basic type of moving average, the simple moving average, is the average of the past x bars ending with the current bar;

Moving Average Convergence Divergence (MACD): Indicator that utilizes moving averages to identify possible trends and an oscillator to determine when a trend is overbought or oversold;

Bollinger Bands: Bands that are placed x moving average standard deviations above and below a simple MA line;

Fibonacci Retracement Levels: Indicator used to identify potential levels of support and resistance;

Directional Movement Index (DMI): A positive line (+DI) measuring buying and a negative line (-DI) measuring selling pressure;

Relative Strength Index (RSI): Momentum oscillator that is plotted on a vertical scale from 0 to 100;

Stochastics: Momentum oscillator that measure momentum by comparing the recent close to the absolute price range (high of the range minus the low of the range) over a period of x bars;

Trendlines: Straight line on a chart that connects consecutive tops or consecutive bottoms of prices and is utilized to identify levels of support and resistance. Stay updated and have a nice day.

10 Basic To Start With Advice For The Year

1. ON EARNINGS:

Never depend on single income. Make investment to create multiple income sources.

2. ON SPENDING:

If you buy things you do not need, soon you will have to sell things you need.

3. ON SAVINGS:

Do not save what is left after spending, but spend what is left after saving.

4. ON TAKING RISKS:

Never test the depth of a river with both feet.

5. ON INVESTMENTS:

Do not put all your eggs in one basket, Diversify your investments.

6. ON EXPECTATIONS:

Honesty is a very expensive gift. Do not expect it from cheap people or those without proof of having succeeded.Also never feel too expectant from anyone so you wont always be disappointed!

7. Past is a waste paper, present is a newspaper, and future is a question paper. Come out of your past, control the present, and secure the future.

8. When bad things happen in your life, you have three choices. You can let it define you, let it destroy you or you can let it strengthen you, choose the latest, become stronger.

9. Our eyes are in the front because it is more important to look ahead than to look backwards.

10. We use pencil while we were young, but now we use pen at the older age. Because mistakes in childhood can easily be erased, unlike now, our decisions cost us more. 

Make wise decisions and choices.  All the very best for the forth coming year. Wishing you a prosperous Year. Have a good one. 

The 3 Basic Rules of Crypto Currencies

Hello, hope the new year already started well for you? They cryptocurrency market is dipping now, so if you have funds you should buy the dip! 

There are so many options for cryptocurrency now as it is continues to gain more acceptance as we go into our future. 

The first concept is to find coins or tokens that support your passion and bring you closer to a community as there is always a gathering of users and supporters, this usually used to create contracts, by creating a connection of users to create more funds. 

It is theses people who provide holding and liquidity to these digital assets. If you are just getting started read this post here it has been around and doing well since 2016. 

Below are some basic principles you should keep in mind to trade cryptocurrencies and the forex market. it is very important!

#1: Do not just buy one. Do not put all your money in one crypto coin, diversify your investments. Much like the age-old saying in investing, don't put all your eggs in one basket. 

It is be best if you have diverse portfolio due to the very liquid nature of the market.

#2: Do not put all your money in at one time. Don't be like, "I'm going all-in on this one coin," and letting your emotion drive your investment decisions. 

Buy a little bit at a time. You can read up on basic comprehensive trading guidelines here.

#3: Buy the dip. Just a reminder, I am not a certified financial advisor, and the best advice is to educate yourself and do your research. 

The market is currently in dip, this is based on previous prices of about a month ago, always do proper findings. so it's good to buy now if you have some funds to keep. 

Subscribe to my blog updates to get more posts. I share contents as you can see other posts in the archive above. 

I am gradually building my Youtube contents also and have have one of the best performing posts  on blogging for beginners here. Have a wonderful week and a great year.

4 Methods To Making Profit With Bitcoin And Cryptocurrencies

Take advantage of researched opportunities that comes your way, in short, take calculated risks. Always be ready to adjust, upgrade and accept change as it comes. 

Your mindset matters, always work towards long term, think mostly of long term in any investment, Nothing good comes so easy even luck depends on taking chances and yes, it is all governed by time and chance. 

A few years back when most people heard about Bitcoin and cryptocurrencies in general, Most people called it scam, a fad that will soon fade away, interestingly a good percentage of these people are now preaching and trading Forex. 

The world waits for no one, It's either you adapt or you get left behind. Even many governments are moving to now create e-facilities. For how long will you continue to let your inability to accept change affect you.

 Some have heard about allowing robot to trade for you, while some are already keying into this, The manual method of trading is gradually fading out. Its either you adjust or get left behind.

Why not take advantage of opportunities right now. Bitcoin (BTC) has hit the news more and more often now. That is notwithstanding restless business sectors responding to geo-political strains and the stressing circumstance in regards to Omicron covid-19 variant. 

In any case, this captivating computerized coin that woke us up to a reality where secure, worldwide installments could be made in a flash and for little expense, hasn’t been without its good and bad times. Financial backers have needed to hang on close during the stomach-grasping thrill ride of highs and lows, making approximately a fortune while others nurture tremendous misfortunes, since its creation and with many adversary computerized digital forms of money following afterward, it appears to be almost certainly correct Bitcoin is setting down deep roots. Without a doubt, when seeing the present cost of $26,397.46

 it appears to be amazing to recollect that one Bitcoin was worth short of what one penny in 2010. Bring in cash with Bitcoin. However, what might be said about those of us who haven’t got in on the Bitcoin activity? Is it past the point of no return for us to bring in cash with Bitcoin? Not in the slightest degree. There’s bunch ways that Bitcoin and other cryptographic forms of money can be added to our portfolios, to entice everybody from solidified financial backers to finish beginners who simply need to have a touch of fun. The following are a couple of the most famous strategies:

1. Miniature profit or (Buy Low, Sell High)
   

In case you’re honored with persistence, you can simply buy the coins when they are low and sell them when they are high, this is as simple as that or if you are also patient, and wouldn’t fret being exhausted by adverts, research, do your findings and be sure the site actually pays so you don't waste your time and resources, you can procure fee Bitcoin basically by doing little undertakings.

Various Bitcoin fixture locales work on the Pay to Click (PTC) premise; visit the site and complete the assignments given, be it tapping on a manual human test, playing a game or watching an advert and get compensated with little measures of Bitcoin (Satoshis). Get back to the locales habitually and watch your income develop. Sounds great right? However, before you hand in your abdication letter to your chief, remember it isn’t called miniature acquiring in vain. An entire hour of advertisement watching can ordinarily acquire you between $0.05-$0.40 (£0.03-£0.30). Not the most rewarding way of bringing in cash, but rather then, at that point, it is free.

2. Make a fixture

Utilizing fixture locales is extraordinary for acquiring modest quantities of coins however, in case you’re willing to submit some time and exertion, you could further develop your benefit gigantically by delivering and running a Bitcoin hub yourself. By making your own site, you can charge organizations to run adverts on your site and be paid in Bitcoin. Draw in sufficient rush hour gridlock and that income can rapidly develop. Running a fixture isn’t without its disadvantages; you’ll need some cash-flow to set it up and dealing with the site and its clients will set aside time and exertion. All things considered, once fully operational a site with great traffic can produce a pay of around $3,000+ every month .

3. Become a partner

Another, simple way of making an amazing measure of cash can be by becoming a partner to a digital currency organization. By joining to their member showcasing program, you consent to advance that item or administration for nothing and for each paying client you bring to the organization, you get commission. In the wake of joining the program, you will get a customized subsidiary connection. Then, at that point, you simply need to advance it. 

This can be just about as basic as putting the organization’s advert on your site or adding the connection to your online media postings, to advancing the organization on different destinations or in any event, running a publicizing effort. 

Partner projects can be a worthwhile way of bringing in cash and more digital money organizations offer them than you may understand. The partner program run by Currency.com, for instance, gives its individuals a noteworthy 50 percent of the income from the new customers they get, just as offering those new customers a 12 percent rebate on their exchanging payments.

4. Exchanging

The most clear strategy to bring in cash with Bitcoin is exchange. The allure of digital currency exchanging is reasonable, there is always a commission for the exchanger as transaction fees for any buying or purchasing that you do. 

While worldwide stock trades are commonly just open from 9.30am to 4.30pm, global Bitcoin trades never closes, which means coins can be purchased and sold, every minute of every day for 365 days per year, any place you are on the planet. 

By joining to an exchanging stage we can trade our fiat cash for digital currency and by expecting the market, plan to bring in cash exchanging Bitcoin. 

Financial backers don’t have to feel anchored to a work area as certain organizations produce applications for exchanging on cell phones, allowing dealers to act rapidly anywhere they are. Obviously, this isn’t for the cowardly. 

Bitcoin’s instability has had the ability to leave even solidified brokers cheeky and restless. Furthermore, upsetting stories in the news have left financial backers inquiring “is purchasing Bitcoin safe?” Luckily, it isn’t all despondency. In case you’re thinking about turning into a Bitcoin dealer, the guidelines are as old as any functioning exchange dealers. 

Do your research and exploration, see how bitcoin trades bring in cash and discover how the ones you are keen on will protect your coins. 

Whenever you’ve picked a trade, make an exchanging arrangement with the amount you can bear, how long and how frequently you will exchange with what you can bear to lose, however you will very well make profit and gains en route.