Limit Order

If you have been keeping up with me and blogs you will see In my previous article I talked about different types of Investments. This is a follow-up and I also will be answering some questions. Investing is a lot easier to manage than one thinks. With commitments and fancy technologies this days you can let AI (Artificial Intelligence) do all the hard push for you.

There are a few terms that you will probably only hear from people wearing suits on MSNBC or Bloomberg business. Your casual friends don’t use them. Well I’m here to tell that they are available to all us and there is a lot of advantage in them today I’m only going to shed light on limit orders which involves both buy and sell

According to investopidia: Limit Orders
A limit order is an order to buy or sell a stock for a specific price. For example, if you wanted to purchase shares of a $50 stock at $50 or less, you can set a limit order that won’t be filled unless the price you specified becomes available.

Similarly, you can set a limit order to sell a stock once a specific price is available. Imagine that you own stock worth $75 per share and you want to sell if the price gets to $80 per share. A limit order can be set at $80 that will only be filled at that price or better.

Now keep in mind they have the Pros and Cons.
A limit order offers the advantage of being assured the market entry or exit point is at least as good as the specified price. The key word here is certainty.

Disadvantages of Buy Limit Orders does not guarantee execution. Execution only occurs when the asset’s price trades down to the limit price and a sell order transacts with the buy limit order. The keys word here is not guarantee.

Yes you can start investing with as little as $100
And you don’t need to pay money to invest as of last year I believe Charles Schwab was the first to vanquished it. It’s always important to set up beneficiaries.To get away from negativity you don’t have to share your investments idea with people that are not in that circle.

People ask me that question consistently how do I know what and when to buy?
It’s simple I’m always in buying mood because I’m a dividend collector. But you can check within your brokerage for trending stocks and most movers from there you’ll see what others are doing.

I will answer 3 more questions next Friday
Until then invest with confidence and responsibly.


The future is here

The future of the dollar bill is changing whether we like it or not. The unknown can be exciting, scary, and mysterious all at once to the casual observer. The dollar or some might say the “Benjamin” is something Americans can’t get enough of, the more we get the more we want. Money is like an addictive drug and there is nothing wrong with that. Don’t take this the wrong way, money is a source of motivation, a reason why most Americans stay in their miserable job, or deal with their terrible boss.

Just like any other things in this world money has a beginning and an end. At first
It all started with trade of goods and from there it evolves to silver, gold, and as you all already now paper currency. If you are not living under a rock or in the stone age I’m sure we all have seen the decline of paper. Cash is no longer king, according to more and more consumers.

According to CNBC “In an average week, roughly 3 in 10 adults said they make zero purchases using cash”. Those who do carry paper money around have less than $50 in their wallets.
As we witness the decline of the paper dollar bill we will also witness the rise of
digital currency. One form of digital currency is the cryptocurrent. “Cryptocurrency is very much here to stay,” said futurist and author Thomas Frey, when he was speaking to the Federal Reserve in September on the topic.

He predicts that “cryptocurrencies are going to displace roughly 25% of national currencies by 2030. According to Frey they’re just much more efficient, the way they run.”
While they might make day to day life easier to manage financially. It also brings a lot of worries and concern with hackers all over the world it’s only a mater of when if you get attack. A lot of financial institutions don’t like this not only it will take them out of the game eventually but it cost them a lot. To keep with the trend.

Most Americans can easily go without a bank account now days because there are a lot of other ways to manage their money a lot better than a bank. The major benefits Americans receive by banking is the ability to do mobile banking particularly anywhere in the world as long as you can get access to WiFi. While this is convenient and easy because it saves us time from leaving the house to travel to the bank.

The real question who is really benefiting from this convince of online banking? The real beneficiary is the institutions. By going mobile they are able to cut cost such as cutting staff by closing local branches once there is less brick and mortar it affects everything. From my point of view if they are transitioning why they still charge all the fees and fines? Why can’t the customers benefits from it also?

The answers to that question is pure and simple people and its called capitalism. Capitalism is an economic system. In it the government plays a secondary role. So the next question who really benefits of Capitalism? Typically wealthy people who have a large amount of capital (money or other financial assets) invested in business, and who benefit from the system of capitalism by making increased profits and thereby adding to their wealth.

Most Americans don’t want to talk about it but when you really think about it isn’t that the american dream? Most americans are now embracing socialism while forgetting what makes us strong, powerful and mighty it’s the dollar the idea of anyone can make it. The less you rely on government the better off you are.