More Than Finances

All about cryptocurrency, all the time.


Street Charity: Should We Give Money To Beggars?

Street Charity

Street Charity

On an individual basis, giving money to beggars (also known as street charity) may seem like a passive form of philanthropy which makes a small, albeit commendable difference to society. On a larger scale, such actions may have negative effects for an economy and those that live within it. There are several considerations to take into account when analysing whether or not street charity is advisable: opportunity costs and taxes. Read More


4 Ways To Invest In Foreign Stocks

Today, geography does not hinder investment opportunities. If foreign economies are booming and you would like to invest, you can as well venture into those markets. All you need is to know how to make your way around the markets. If you live elsewhere and investing in the Hong Kong market interests you, it is not impossible. If you live in Hong Kong, it is even more comfortable.

Hong Kong is well known for its free trade agreements, low taxes and is a world leader on the Economic Freedom Index. Hong Kong has the fifth largest stock exchange in the world and as of 2018, the most significant initial offering worldwide.

You can invest in a trading platform in six primary ways:

American Depository Receipts (ADRs)

ADRs are a very convenient way to purchase foreign stocks. Most foreign companies make use of ADRs to establish a U.S. presence and to raise capital. ADRs are traded on U.S. exchanges, and you can buy them like ordinary shares via brokerage accounts. Some popular ADRs in Hong Kong include Sun Hung Kai Properties Ltd (US OTC SUHJY), Hong Kong Television Network Limited (US OTC HKTV), AIA Group Ltd (US OTC AAGIY)

Invest Directly Through A Broker Based In Hong Kong

Investors from all over the world can invest on the internet via local brokers who have their base on a trading platform in Hong Kong. There are restrictions on some countries, and there are things Hong Kong brokers should do before offering their services. For example, the U.S., a financial institution not registered under the U.S. Securities and Exchange Commission (SEC) cannot take on U.S. clients.

The Foreign Account Tax Compliance Act (FATCA) put more restrictions, and thus, some brokers from Hong Kong avoid U.S. clients, but not other countries.

Brokerage firms offering universal access often provide several international exchanges. Ensure you research on brokers before doing business with them. Look at the account type, which should either be discretionary or non-discretionary, countries they cover and their commission structure.

Global Depository Receipt (GDR)

A depository bank gives out foreign companies’ shares in the international market, mostly in Europe. The bank makes the stocks available to the investors that are within and without the U.S.

Most GDRs are in the U.S dollar, while some use the British pound or Euro, and are traded and settled just like domestic stocks are. The Luxembourg and London stock exchanges are the most favoured locations for GDR listing. GDRs have also been listed on other exchanges such as Dubai, Frankfurt and Singapore.

Global Mutual Funds

Investors interested in the exploration of international market trading platform without any stress can choose to invest in global mutual funds. These funds mimic any mutual funds concerning benefits and procedures. However, they focus more on foreign stock, not domestic.

These funds are built for any investor, whether conservative or aggressive. They are comprised of international funds, global funds, international index and country-specific funds. These funds, just like any other foreign investment, have higher costs in comparison to domestic funds.


Hong Kong is a very beneficial investment opportunity, with it being a free country and a vital global financial center. Its proximity to the growth in Asian economies gives Hong Kong a definite advantage. Chinese investments have been flooding the Hong Kong Stock Exchange. If you are a long-term investor, you must keep in mind that these price appreciations on the trading platform, courtesy of these investments are not pegged on the basics, and are extremely volatile.

As an investor, you must be careful to base your investment decisions on economic factors and not on the price fluctuations. Any investor planning to invest in the Hong Kong Stock Exchange should first thoroughly understand the costs, regulatory compliance and tax considerations.

Once you understand these factors, you will be well on your way to owning a piece of one of the biggest stock exchange markets in the world. Start small and work your way up. The results will be evident with some patience.


Market Cap: Is Market Capitalisation Still Relevant for Cryptocurrencies?

Market Capitalisation

Market Capitalisation

One of the main issues with using market capitalisation as an indicator of cryptocurrency investment value is the fact that locked up cryptocurrencies can easily be overlooked by investors. There are significant amounts of cryptocurrencies that are either not in circulation or lost. Read More


A Beginner’s Guide to Mortgages

Mastering financial responsibility is one of the biggest goals for a lot of people. Buying a property will probably be the most expensive purchase one might ever make in their life. It’s a big decision that should be made very carefully.

Buying a house has become expensive with the average price of homes reaching $266,000 this spring. Not everyone will have that amount of money just sitting in their bank. That is why most people need to take out a mortgage to finance the property.

But what exactly is a mortgage?

What is a Mortgage?

Simply put, a mortgage is a specific type of loan taken out to buy a house or a plot of land. This type of loan is different from others in three different ways.

  1. Mortgages have a longer-term.

In general, mortgage services will have a term that will last for about 25 years. This can be shorter or longer depending on various factors, including the amount deposited

Terms lasting for 30, 35, and 40 years have become popular, especially with first-time buyers. The reason for this is that long-terms have a lower monthly payment, which makes the mortgage more affordable. But this also means that you will be saddled with higher interest rates.

  1. A mortgage is secured against the property.

The mortgage is secured against the value of the house or property until it is completely paid. Mortgage services have the right to repossess the property if a buyer can’t keep up with the repayments. 

  1. Mortgages don’t cover the full purchase price.

However, a majority of mortgage services won’t cover the full purchase price of the property. Buyers will have to pay a portion of the price with their own money through the mortgage deposit.

Lenders usually require buyers to deposit at least 5% of the purchase price. The deposit amount matters. If a buyer deposits a larger sum, they can expect their mortgage terms to be better.

What are the Types of Mortgages?

Choosing the right type of mortgage is an important decision. There are various types of mortgages, and each one is designed for different financial situations.

Long-term vs. short-term

The length of the loan term mortgage will depend on how much payment a person can afford every month. Long-term mortgages have lower monthly payments, while short-term mortgages have higher monthly payments.

The length of the term will also affect the interest rate of the loan agreement. Buyers who choose longer mortgages will pay more interest over the life of the loan. Those who choose to go short-term will pay less interest.

Fixed interest rate vs. adjustable interest rate

A fixed-rate means that buyers will pay the same interest rate throughout the loan term. Monthly payments are predictable. This makes it a great selection for homeowners who plan to stay long-term.

An adjustable-rate mortgage, on the other hand, has a set interest only for a certain number of years. The rate can be adjusted periodically based on the index after the set year. This mortgage is a great choice for those who only plan to stay for five years or less.

Buying a property or home can be an impossible dream with how expensive it has become. It doesn’t have to be this way.

EnTrust Funding provides mortgage services so people can purchase their dream house. With the right mortgage, homeowners can turn their new home into a source of happiness without the monthly stress.


The People behind Quant Trading

The technology of today serves as a pathway for everything to evolve. Most of the time, it’s for the better, and the timing is perfect for stock traders. Artificial intelligence and computer programs now allow instant trading data analysis.

The process is called quantitative trading or quant trading. It uses computer software to analyze and predict price movements. The data provided can guide investors, also called as quant traders, to make better decisions for the stocks.

It might seem easy, but quant traders have a lot to face before they can master the grounds of trading. Quant trading deals with a lot of losses that can pave the way to more business successes.

Quant Trading Skills

Quant traders are the brains behind quant trading. These are the people who incorporate modern technology and develop various spreadsheets to gain an edge in predicting the market movement.

Through a process called quantitative analysis, these investors can forecast trading trends and breakthroughs. Hence, it would be easier not only to control the investments but also gain financially from it as well.

However, quant trading entails more than simply knowing the computer software for the market. It requires a focused approach where quant traders can study and practice technical analysis to break down and understand trading secrets.

Traders are people who develop strategies based on algorithms and trends. It relies heavily on mathematical formulas that can identify and optimize trading opportunities.

Degree holders of mathematics, statistics, and economics may have the upper hand when entering quantitative trading. It already lays down the statistical foundations that are essential to the industry. However, it’s not a necessity as there are quant traders who do not have the said degrees and yet, still succeed in the field.

Qualities of a Quant Trader

The truth with quantitative trading is that passion and interest are not enough for a breakthrough. However, using it as a drive to learn new things can lead to better breaks in the market. Aspiring quant traders can learn the following to build their careers:

  • Research and Abstract Thinking

Stock trading entails the analysis of patterns and data that are perpetually changing. Hence, traders need to develop fast and impressive research skills. It can aid in understanding why and how the changes happened and then turn it into an opportunity for better decisions.

  • Confidence in Trading Systems

The marketing trade of today relies heavily on automation. It may be data analysis, mining, or interpretation, and software can now make it faster and easier for quant traders. Hence, investors should possess a solid foundation in knowing the ins and outs of various automated trading systems and broker trading platforms.

  • Statistical Analysis

Without a doubt, statistics and mathematics are the very foundation of quant trading. It can also teach traders risk management and metrics to measure the performance of the current analysis.

  • Risk Management

Even without knowledge of it, quantitative trading is known to be a risky business. It does involve a lot of losses and perils, which include money. However, learning to analyze scenarios, data, and patterns would determine stop-loss systems and limit trading capitals that are essential in preventing possible hazards.

Some skills are innate in every human, like the research skills mentioned above, being driven by curiosity, and innocence on the topic. However, quant traders should develop it to penetrate the market and master it for their financial gain.