Let me start with the feedback I have received from my followers saying that plenty of people are trading only in stock-markets hence, I should write more on the same and I accept the suggestion with due respect and will focus on stock markets as well.
However my aim is to guide people on various avenues of investment and not only stocks but also commodities like gold, silver as well as digital currency to remain diversified.
We need to move from one market to another to maximize our returns and at the same time, quick decision taking is the most important in this fast paced financial markets. We need to be as fast and furious as possible.
As my title reflects Path to Monetary Fortune, I would like to share my views and vast experience in the Financial Industry to make the world a better financial abundant place.
This Monday morning, stock markets in Asia and Asia-pacific opened with gains but could not sustain the same as Nikkei was down 77.28, Straits Times down 5, KOSPI down 3.37, Jakarta down 32.84, Nifty down 83.05 and however, Shanghai was up 18.60 and Hong Kong closed up 107.11.
The European Markets opened weak and are currently trading at the lows of the day.
Dow Jones, S&P500 & Nasdaq are trading flat due to pre-scheduled US - South Korea exercises that always bother North Korea. But the question remains, how will it respond this time around?
Thus, as always, a word of caution is what I advise in stock markets.
Link
In commodity, Whisky could just sound as an investment opportunity as gold according to the CEO of Whisky trading website WhiskyInvestDirect, most sought after brands including Highland Park have climbed 34 percent in the space of a year. Investing in Whisky in the long-term is comparable to buying gold. Cheers!!!! Happy Investing.
Gold and Silver are trading up at present and I suggest every investor must include in their portfolio 15 to 20 percent of gold.
Bitcoin and Ripple are trading sideways whilst Ethereum has had a good run today in price as well as volume. Bitcoin Cash is trading down.
People are finding Bitcoin high on fees as it costs $5 to trade while others cost a few cents so there is some change happening in Cryptocurrency Market that will give rise to other coins as well.
There is speculation in the digital market arena that Ripple is planning to expand in China and if these rumours turn out to be a fact then China is a $5 trillion dollar in terms of payments transfer.
So folks, do not write off Ripple, it may take over as number one in the market cap.
I had mentioned in my previous article that a couple of coins we need to keep a watch on, one is TENX and the other is Omisego. Both are in a down trend now. I am not buying them but just keeping a watch on them.
I conclude today with initial image of Solar Eclipse in USA.
Disclaimer: The Ideas and Suggestions are entirely based on my personal views. Kindly consult your financial advisor before making any investments.
Comments
Post a Comment