More Than Finances

All about cryptocurrency, all the time.

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Is Facebook’s Libra the Next Best Investment?

Facebook's Libra

Facebook’s Libra

The cryptocurrency markets are so dynamic that it’s often quite hard to keep in the loop of the latest information that may be key to one’s next investment. Facebook’s Libra Coin has shaken the many in the cryptocurrency sphere with excitement, skepticism, and fear. Facebook finally released the details of its long awaited cryptocurrency, opening the gates to what could become a new business model for social media sites. Questions of regulations and market fit arise as more individuals consider the inevitability of the social media giant’s cryptocurrency. Read More

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Benefits of Having A Financial Advisor in Tucson

If you want to retire happily in twenty years from now, you may need a professional advisor who can help you turn it into reality. You can easily find a financial advisor in Tucson with the help of a Google search. They will help you take care of your funds and assist you in choosing the appropriate investments.

They will help you understand the process of achieving financial freedom. They will teach you proper budgeting and saving. Additionally, these professionals can also advance your knowledge when it comes to insurance, tax management, and complicated investment.

Why Do People Hire Financial Advisors?

Most people hire a financial advisor for reliable investment advice. The advisor will set up an asset allocation, and this will determine the percentage of the client’s total financial portfolio. Afterward, the amount will be distributed across various asset classes. The asset allocation will be adjusted based on the client’s current age and desired retirement age. But, before you Find a Financial Advisor in Tucson if you want to learn more about the investment process, visit this site.

How Do You Identify If You Need A Financial Advisor?

The idea of hiring a financial advisor can be demanding. Thankfully, you’re in the right place. This write-up will help you identify if you need a financial advisor or not.

Being stressed out because of your financial situation may be an excellent time to look for a financial advisor.

Hiring a professional advisor can also help you determine whether you are on the right track or not. They will give you tips for improvement so you can achieve your goals effectively.

  • You Want to Invest 

Investing your savings is a great way to grow your money. Most people want to invest their money so they will remain financially-stable when they retire.

  • You Invested Your Money, but You’re Still Losing it

In some cases, people who have no idea invest their money in the wrong markets. Investments should aim to increase your net worth, not decrease it. Therefore, when you notice that you’re starting to lose your investment and your market is down, you need to hire a reliable advisor immediately. This professional will help you determine what’s wrong and fix it before it’s too late.

How Will You Reach Your Investment Goals?

  • Expertise

When it boils down to increasing your net worth, you must have an expert partner who knows how to manage money correctly. A financial advisor can guide you to better choices that lead to increased profit.

  • Advice

Financial advisors know the best strategies for improving your financial status. They understand what investment to make and what insurances to buy based on the current trend.

  • Action

Most people are too uncertain or too busy to learn strategies. If you work with a financial advisor, you can have peace of mind that your investments are safely monitored.

Conclusion

You have to be careful before entrusting your hard-earned money with anyone. Make sure to choose an advisor with lots of positive feedbacks and productive relationships with their clients. Moreover, you can also investigate their history through FINRA’s BrokerCheck.

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Leverage Trading Cryptocurrencies

Leverage trading , also known as on-margin trading, is the process of borrowing money to make an investment. Investors in cryptocurrencies use leverage trading to increase the potential returns of their investments. With leverage trading, traders benefit from margin. Margin is the amount of capital invested in the trade in proportion to the total position held. A trader with $100 can increase their trading position to $10,000, thereby achieving a margin of 1%. Read More

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5 Ways to Start a Business without a Loan

A while back, business mogul Mark Cuban said that only morons start a business on loan. The remark rubbed some people the wrong way because a lot of successful companies began on loans. A bank business loan, however, is not available for everyone. Does that mean your idea won’t come to fruition? These few tricks can help you start a business without a loan.

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Should You Give Allowance To Parents

Parents Allowance

Many people consider providing parents with a monthly allowance to be an ethical obligation that does not require a second thought. Attending to financial needs of parents is but one of the reasons to provide them with a monthly allowance. Their years of sacrifice and countless hours of hard work truly can never be repaid. Many parents have refinanced their homes to support their children’s education. Others have worked overtime, scraping every dollar to make their children’s dreams come true. Read More