Forex trading is buying and selling of currencies in a bid to make a profit. It provides opportunity to speculate on price fluctuations within the forex market. Its goal is to forecast if one currency’s value will strengthen or weaken relative to another currency. When trading, forex leverage allows traders to control a larger exposure …
Any investment opportunity that seems too good to be true, it’s probably a scam. Before you invest you should ask yourself if you are willing to lose some or all the money you have invested and know that if you go ahead you are investing with little or no protections behind you. Unrealistically high investment …
Define financial freedom by yourself. Financial freedom is not all about being rich and having tons of money but having enough to cover your expenses so that you can spend your precious time doing what you like rather than just doing things to earn money. You might be having the biggest dreams in life such …
The stories of people living in diaspora who have tried to invest back in Africa are quite heartbreaking and hilarious at the same time. I have heard countless stories of people who tried to invest back home and failed terribly. Some sent money to ‘trusted’ family members and friends who told them of land that …
How people in diaspora can safely invest back in Africa Read More »
Learning new skills. This involves finding something to challenge yourself, to boost your career and it’s best to be done now because you’ll be bettering yourself and fostering personal growth and development. You’ll also be taking advantage of a less than ideal situation by doing something positive for yourself. Learning a new skill becomes a …
All great things started as an idea and the reason they become tangible great things was one simple step. They kept moving forward and taking massive and imperfect actions. Some of the ways for those who want to start from scratch are : Have an entrepreneurial mindset. This aids the development of confidence and means …
HOW TO START FROM SCRATCH AND BUILD ANYTHING, ANY TIME Read More »
Regardless of whether you team up with your partner or go it alone the path to financial independence is not always a smooth, perfectly paved one but it’s time to roll our sleeves up and get our hands dirty i.e time to learn how to create a solid financial plan. Financial planning is a step …
HOW TO BUILD A FINANCE PLAN AND MANAGE YOUR MONEY BETTER Read More »
Treasury bills are a secure, short-term investment offering an investor a return after a relatively short commitment of funds. They provide an excellent investment opportunity that’s readily available since they are auctioned weekly. They have a maturity of one year or less and they do not pay interest before the expiry of the maturity period. …
(Originally published by Mwangaza Magazine) Kindly introduce yourself briefly. I am Ken Ouko, the Founder of Ken’s MoneyMatters and Co-Founder of Gene Coaching School. Ken’s MoneyMatters is the financial literacy branch of Gene Coaching School. The pandemic is here and has affected many of us financially. Is there a way we can manage our finances …
Money market funds are the best known type of mutual funds available for individual investors since they are a low risk investment which makes it a safe investment and they do not require a lot of money to invest. Money market accounts are a good investment if you can maintain a high minimum balance, limit …
