A nice money quote. Money on the internet.
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Money causes emotions
Of the most important aspects of money in personal finance,and life,creation of emotions.
THIS IS THE FIRST CHRISTMAS I ACTUALLY HAVE MY OWN MONEY TO SPEND ON MYSELF YES FAM MERRY CHRISTMAS EVERYONE pic.twitter.com/r1TrGkiTeH
— festive jay (@TheIrwinEmpire) December 19, 2016
Money getting more expensive
Could money in the US get more expensive tomorrow?As the Fed will officially announce the interest rate decision if a hike takes place then yes money will get more expensive in the USA.
At some point money must be more expensive to fight inflation and maybe act as a more sensible financial and investing decision.For example more expensive money makes the choice of investment decisions and their opportunity costs more logical and well thought and planned.As there is no free money almost never,if we see an interest rate hike tomorrow then some changes will be made from simple spending rules to more sophisticated financial actions and personal finance choices.
Money and Black Friday
A lot of money was spent on Black Friday.As shopping offers,shopping discounts and great shopping deals were almost all over people rushed to buy goods and products or services at a huge discount and save money.This is smart and wise.But as there is always a financial decision did you make any research before just buying anything?Did you really need the new tv,smartphone or whatever else?And did you add more debt to your financial budget,even at a discount if you paid via plastic money,a credit card?
Money,online money or internet money is nice,but we must think on overall financial decisions and results.
Otherwise money on the internet via online shopping just is a transfer from consumers to merchants.
Money can impress people most of the times
Money can impress people almost always.The more money someone has,the more options exist.But more money,wealth,capital does not mean automatically more appreciation.It could.Not always.People who never make a lot of money during their whole lives does not mean that they should be respected less than millionaires or even billionaires.Money is a great asset when properly used,but does not buy all things in real life or business.
Don't be impressed by:
Be impressed by:
4 humility #SundayMorning
— Vala Afshar (@ValaAfshar) November 20, 2016
Money in the stock market
Money can come and go very easily at the stock market.Take the following stock market chart for example with mentioned DryShips, Inc.(NASDAQ:DRYS) stock.Yes the shipping industry has financial problems for many years but this stock activity is very strange.A spike in volume and price could make a lot of money but recently the stock has lost almost 88% of this high price of about $100 per share.This is not investing,it is gambling.And money can come and go very quickly.To make money in the stock market you need a solid investing and risk management plan.This speculative move did not last long,but could have made a lot of money in a very short time if someone could jump early in the rally.
Money and finance
Why do forecasts fail and how to make money with it?
It is rather simple, you cannot predict any event with 100% accuracy.If we could we would all have tons of money from investing or trading the financial markets.Recent US election result proved it.
What is also interesting is the speed and urge of money.How much money is really enough?
The capital and financial markets reacted with a lot of volatility this first day of US election result.A lot of money was made and lost as volatility is bot good and bad for sound money management.
Money and finance
India made an important money decision today.To withdraw some banknotes to fight corruption.It is a bold money decision.Will it have positive financial effect?Time is needed to evaluate this business and financial decision.Money brings a lot of good stuff but also a lot of dangers.
Money and finance
We all need money in our wallet,the more money the better.Money is very important for personal finance.But what are some items to not have in your wallet?
Yes most of them are bad ideas to keep in your wallet like checks,passwords and especially multiple credit cards.Have one credit card,in most cases it is enough to pay any bills or purchases.Although plastic money is too expensive and dangerous for personal finance if it goes out of control.