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eldavis

Enlightened MentorGraphic designer
Ask eldavis
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  1. Asked: September 9, 2023In: Money & Business

    Can forex trading can make you rich?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 5:29 pm

    Yes forex trading does have the ability to make you rich. There are so many persons who have made a lot of money from forex trading. Some years back i came across a group of traders who called them self wealth makers. These young traders where earning up to $300 and more on a daily basis. Most of thRead more

    Yes forex trading does have the ability to make you rich. There are so many persons who have made a lot of money from forex trading. Some years back i came across a group of traders who called them self wealth makers. These young traders where earning up to $300 and more on a daily basis. Most of them where able to go into real estate and other investments as well from forex trading. At the same time forex trading can also have the opposite effect. I have seen cases first hand where people loose all they have from forex trading.

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  2. Asked: September 10, 2023In: Money & Business

    As a investor, is it wise to invest with your life savings?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 5:19 pm

    It depends though, most investors out there usually save for the sole purpose of investment but it is still not ideal to use up all your life savings or everything that you have for an investment. The truth of the matter is that there is no guarantee as to if the investment would be profitable or noRead more

    It depends though, most investors out there usually save for the sole purpose of investment but it is still not ideal to use up all your life savings or everything that you have for an investment. The truth of the matter is that there is no guarantee as to if the investment would be profitable or not, so putting all that you have would be a huge risk. Then again putting all you have would leave you with nothing. In an emergency you would be totally worried and confused cause you have notting to fall back to.

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  3. Asked: September 10, 2023In: Money & Business

    Are there other safe way of saving except bank?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 4:51 pm

    There are so many ways to save, before the modern banks we have today, most people even till date usually use box to save. They would lock the box with a padlock or something strong then they would create a small hole where they can put in money. After they have done this, they would only break theRead more

    There are so many ways to save, before the modern banks we have today, most people even till date usually use box to save. They would lock the box with a padlock or something strong then they would create a small hole where they can put in money. After they have done this, they would only break the box when they need their money. Even till date a lot of people still make use of this method to save.

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  4. Asked: September 4, 2023In: Money & Business

    What are those factors to consider while setting up a business

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 4:45 pm

    There are so many factors to consider when it comes to starting up a business, one most important factor is the business location. In every business startup the business location plays a very important role because it can make or break the business. A business setup in the wrong location can affectRead more

    There are so many factors to consider when it comes to starting up a business, one most important factor is the business location. In every business startup the business location plays a very important role because it can make or break the business. A business setup in the wrong location can affect the how the business grows and the amount of sales one can get from the business. A business needs to be setup in a location where you can easily reach out to your target audience.

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  5. Asked: September 10, 2023In: Money & Business

    Did you know how someone can make money from music?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 4:33 pm

    I do not really know much about this aspect, but i do know for a fact that there are so many ways doss into music can make money. There are apps where you can upload your business and get little commissions when people stream and download your music. You can also make money as a musician when you arRead more

    I do not really know much about this aspect, but i do know for a fact that there are so many ways doss into music can make money. There are apps where you can upload your business and get little commissions when people stream and download your music. You can also make money as a musician when you are called to perform in events and shows. This is a very common way most musicians make money today.

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  6. Asked: September 10, 2023In: Money & Business

    Can I still make money online at the age of 70 ?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 4:26 pm

    It is extremely possible to make money online at the age of 70. The best part about making money online is the fact that there is no age restriction. Anyone can earn online. The most important thing is that you know what you are doing. There are so many legit investments online and at the same timeRead more

    It is extremely possible to make money online at the age of 70. The best part about making money online is the fact that there is no age restriction. Anyone can earn online. The most important thing is that you know what you are doing. There are so many legit investments online and at the same time there are also many scam sites out there. The bottom line is that one has to be extremely careful when investing in anything.

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  7. Asked: September 10, 2023In: Money & Business

    Did affiliate marketing work easy ?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 4:13 pm

    It depends though, there are does who see affiliate marketing as something easy, but the truth of the matter is that there is no easy way to make money out there. As long as its legit there would definitely be one issue or the other.  Some years back while i was in school i decided to give affiliateRead more

    It depends though, there are does who see affiliate marketing as something easy, but the truth of the matter is that there is no easy way to make money out there. As long as its legit there would definitely be one issue or the other.  Some years back while i was in school i decided to give affiliate marketing a try but in the end i came to discover that it is extremely stressful and there are so many things you would need to learn in other to be an affiliate marketer.

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  8. Asked: September 10, 2023In: Money & Business

    What type of business can I do at the age of 70 ?

    eldavis
    Best Answer
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 2:37 pm

    The age of 70 is an advanced age and though i would not really advice anyone at that age to do anything stressful but it would still be nice to setup a business that does not require you sitting down in one place alone. While the body does not need heavy workload at that age, it is also advisable foRead more

    The age of 70 is an advanced age and though i would not really advice anyone at that age to do anything stressful but it would still be nice to setup a business that does not require you sitting down in one place alone. While the body does not need heavy workload at that age, it is also advisable for people at this age to be active to some extent. Things like being a tour guide, blogging and the likes would be a good fit.

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  9. Asked: September 10, 2023In: Money & Business

    Investment or business, which makes you rich faster

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 10, 2023 at 2:27 pm

    Both investment and business are great ways to make money, but i believe in terms of speed or which one between the two that would make you gain wealth faster, the answer would be investment. Investment usually carries a time frame be it long time investment or a short time investment, unlike a busiRead more

    Both investment and business are great ways to make money, but i believe in terms of speed or which one between the two that would make you gain wealth faster, the answer would be investment. Investment usually carries a time frame be it long time investment or a short time investment, unlike a business where you would have to start from scratch and grow it. Though in most cases investment can be a lot riskier than having a business but it is still quicker and saves you the trouble of doing most of the works.

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  10. Asked: September 9, 2023In: Money & Business

    What's an easy way to make a habit of saving money?

    eldavis
    eldavis Enlightened Mentor Graphic designer
    Added an answer on September 9, 2023 at 6:41 pm

    the truth of the matter is that there is no true easy way. Anything you wish to make a habit has to do with practice. If you want to make saving a habit you need to start practicing it now. It would definitely not be easy at the very beginning but with time it would become part of you. Consistency aRead more

    the truth of the matter is that there is no true easy way. Anything you wish to make a habit has to do with practice. If you want to make saving a habit you need to start practicing it now. It would definitely not be easy at the very beginning but with time it would become part of you. Consistency and self control plays a very important role when it comes to savings. The more you try, it becomes a part of you. 

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