Blog
What is a Short Sale in Finance?
Fundamentals ·
What is a successful trade? Well, we may say that any trade that generates profit might be considered well executed and it's usually done by buying some asset, waiting for its value to appreciate and then by selling it for a higher price. You buy low and your sell high, that's how most investors make money.
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Passive Income
Finance ·
The idea of generating passive income is very popular and why wouldn't it? It's such a dreamy scheme: to receive money without doing any work. Illustration by Eugene A Maybe the whole idea of passive income is some kind of a scam? Maybe, on average, you'd be better off just by having an ordinary job?
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Book Review: Rich Dad Poor Dad by Robert Kiyosaki
Books ·
More than 20 years ago, in 1997, Robert Kiyosaki and Sharon Lechter released their book “Rich Dad Poor Dad” which became an immediate success. This book is about personal finance, entrepreneurship, business, investing and economics and it has become some kind of a bible for a lot of people. Having sold more than 32 million copies in 109 countries, Rich Dad Poor Dad might be considered one of the most popular books about economics.
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Libra: Facebook's Cryptocurrency
Crypto ·
Facebook didn't show any interest in blockchain technology until early 2018 when the company formed a special blockchain group that is supposed to help Facebook find the best uses of blockchain tech. Not long after forming the blockchain group, Facebook announced its first blockchain product: a cryptocurrency named Libra. Issuing a corporate currency is a controversial idea and it received a lot of criticism from many parties.
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What is a Candlestick in Technical Analysis?
Fundamentals ·
Candlestick price chart in trading and technical analysis is a very common way to visualize price movements. It's relatively easy to understand, it's informative and this type of chart can give some additional helpful hints to a trader that a simple chart can't provide. These charts may look a bit vague for an outsider, for someone who has never traded market securities, and often such a chart can seem confusing, but it's not as complicated to understand as it may seem.
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