You have probably heard that phrase before. It’s often used to describe a stock market play. The term means buying a stock (or another investment vehicle) currently trading at a lower price than it was at an earlier date. So, if you buy the stock now, you hope it will bounce back (or “rebound”) to […]
Category: Smart Money
Peer-to-Peer (P2P) Lending: What There is to Know
Peer-to-peer lending, also known as P2P lending or crowdlending, is an increasingly popular way to borrow and lend money without going through a traditional financial institution. With this type of lending, borrowers can access funds quickly while lenders receive better returns than they would from a savings account or other investment. It’s important to understand […]
The Ultimate Guide to Investing in ICOs
There are a lot of factors you might consider before putting your money into an initial coin offering. Do you want to invest in cryptocurrency, or is it more prudent to invest in other ventures like real estate? What is the amount of risk involved in your investment? What will the return be on your […]
There’s an ICO for Everything: Types of Cryptocurrency Offerings
Cryptocurrencies, which allow users to exchange digital money and pay for goods and services anonymously without being limited by any government regulation or central bank, have become a hot commodity this year. Even if you don’t care about investing in cryptocurrencies, you may be wondering what types of ICOs are out there and what they […]
How to Secure Your Crypto Wallet Against Hacks
For cryptocurrency enthusiasts, the big news is that the value of the most popular cryptocurrency, bitcoin (BTC), reached a new peak in November 2017. The value peaked at around 19,000 USD for bitcoin; as of June 2018, the coin is worth over 8,000 USD. In recent years, bitcoin has piqued the interest of hackers since […]
10 Best Crypto Hot Wallets for Beginners
If you’re starting your journey with crypto, you need a crypto wallet. It gives you a secure and convenient way to store your hard-earned currencies. Until recently, choosing a wallet was a struggle. With a myriad of options, most people were left frustrated. Fortunately, that is no longer the case because a few years back, […]
5 Smart Money Habits to Build Savings and Investments in The Long Term
We all want to save money and be financially independent. But when saving money feels like an impossibility, it’s easy to lose hope. If you want to build up your savings and investments, you need to take smart steps to help you out. The first thing to consider is investing in yourself. The more you […]
The Benefits of Digital Banking to Canadians
In Canada and other parts of the world, banking customers are benefiting from digital banking. The services on offer are something to consider when looking for the best bank in canada. Here, we shall explore some of the advantages that digital banking offers compared to carrying cash. From eliminating paper documents to the speed, instant […]
How to Stop Living Paycheck to Paycheck
For many people, the phrase “living paycheck to paycheck” has become a mantra that serves as a way to define one’s lifestyle. For many others, it is a term that has become synonymous with the blues. Throw in the word “paycheck” and you have a recipe for misery. Living paycheck to paycheck is tough and, […]
Setting and Reaching Financial Goals — How to Do It
It is a common scenario: you open up a new savings account or start investing a bit in the stock market, and before you know it, you’re doing it all the time. You’re saving, investing, and saving, and before you know it you’ve reached your annual savings goal. But how do you know when you […]