Suppose you wish to "put" some money in cryptocurrency (or cryptocoins), say Bitcoin, altcoin, litecoin, fartcoin etc. would you trade or would you invest? It is obvious that due to poor liquidity, the crypto market is volatile. So instinct would tell us caution is necessary. So trading (frequent buying and selling) with regular profit booking seems like an obvious choice to make some quick money rather than investing (buy and hold with periodic investing). In this post, I discuss the fundamental difference between the currency market and capital markets and if something can be discerned about cryptocoin risks.
Bitcoin: Is it a Ponzi Scheme? A Pyramid Scheme? Or a Bubble?
As I sat down to write a post on "cryptocurrencies: should you trade or invest in them?", I received an email from my classmate asking me to explain if the most popular cryptocurrency- the bitcoin is a Ponzi scheme? A pyramid scheme? or bubble? Since the two topics are closely related, I thought let me do my best to address this question.
If you are new to cryptocurrencies, try this first: Bitcoin: Should we use it as a currency or as an investment?
Sep 2017 Freefincal Equity Mutual Fund Outperformance Screener
Use this screener file to hunt for equity funds that have consistently outperformed category benchmarks with good downside protection and/or upside performance.
Regular readers may be aware that I have been publishing such screener files for about a year now once a month (except Aug 2017, when my hard drive crashed). Up to June 2017, two screener sheets were published - one for outperformance and one for upside/downside performance. From July 2017, they have now been merged into one single file and hopefully is simpler to digest.
Plan to Quit As Soon As You Start Working!
It was when my seven-year-old son declared that he wanted to be a fruit seller that I realised that the .... er ... apple has not fallen far from the tree! Yes, I too had similar aspirations and I nurtured it for years until I heard the plight of a pharmacist. In this post, I discuss why we all need a plan to quit, as soon as we start working.
This was first published a few months ago when my second book was about to be published. I thought the titular topic is worth a revisit.
Eat only when hungry and invest only where necessary
If you start searching for the right diet to lose weight, you might be surprised at the number of opposing theories and options available: "eat no fruit"; "eat only fruit"; "eat no carbs", "eat the right carbs", "eat no fat", "eat the right fat", " count calories", " don't count calories". Makes you wonder if there is any method to such regimes.
Before we begin, if you have missed the weekend post about the robo advisory template check that out: Key features of the freefincal robo advisory software template
