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spencer

Enlightened Mentor
Ask spencer
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902 Questions
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  • About
  1. Asked: August 26, 2023In: Money & Business

    How can i use my laptop to make money online?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:44 am

    You can use your laptop to make money by exploring the internet to find out what works for you and do it, there are different ways to make money, from freelancing or building a business or even working on ptp or micro tasks. It will help you to actually make the right choice if you know all of what'Read more

    You can use your laptop to make money by exploring the internet to find out what works for you and do it, there are different ways to make money, from freelancing or building a business or even working on ptp or micro tasks.

    It will help you to actually make the right choice if you know all of what’s available and choose out of that, but I’ll recommend from what you have experience in and work your up from there.

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  2. Asked: April 19, 2024In: Money & Business

    Is the crypto market developing faster than the stock market?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:37 am

    No, stock developed faster than crypto, and has more volume than crypto, I read about stock market some times back, after Dow Jones created the 30 indexes, it developed faster and had an almost immediate government adoption. But crypto is still trying to be recognized by the government and also therRead more

    No, stock developed faster than crypto, and has more volume than crypto, I read about stock market some times back, after Dow Jones created the 30 indexes, it developed faster and had an almost immediate government adoption.

    But crypto is still trying to be recognized by the government and also there has been a massive scam in the industry, where the top industry experts are getting slammed with lawsuits.

     

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  3. Asked: August 15, 2023In: Money & Business

    The benefit of having join account with my partner

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:30 am

    Depends on the kind of partner whether it's your spouse or your business partner and how the business is structured, you can definitely benefit from having a joint account, like the ease of access, so if anyone wants to deposit or withdraw, you don't need permission. It can also promote trust amongRead more

    Depends on the kind of partner whether it’s your spouse or your business partner and how the business is structured, you can definitely benefit from having a joint account, like the ease of access, so if anyone wants to deposit or withdraw, you don’t need permission.

    It can also promote trust among the partners giving that they trust each other by giving unfettered access to the financial channel.

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  4. Asked: April 3, 2024In: Money & Business

    What is online banking, and what are its advantages?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:21 am

    Online banking refers to the use of internet to access all of traditional bank services, the most important advantage of online banking is that it is cross border and you can have access to it anywhere if there's internet. It also open up opportunities to those in business because it allows them toRead more

    Online banking refers to the use of internet to access all of traditional bank services, the most important advantage of online banking is that it is cross border and you can have access to it anywhere if there’s internet.

    It also open up opportunities to those in business because it allows them to in clients from anywhere in the world, hence increasing their market reach.

     

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  5. Asked: April 19, 2024In: Money & Business

    How to stay abreast of industry trends and emerging technologies

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:14 am

    Depends on your industry, there are different ways to stay abreast, you can subscribe to paid magazine in your niche and get exclusive reports on what's going on and also have access to deals. You can also do it the hard way by studying your competitors and figure out what they're doing, then do theRead more

    Depends on your industry, there are different ways to stay abreast, you can subscribe to paid magazine in your niche and get exclusive reports on what’s going on and also have access to deals.

    You can also do it the hard way by studying your competitors and figure out what they’re doing, then do the same, or you can hire consultants also that can give you update on your instru trends.

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  6. Asked: April 16, 2024In: Money & Business

    Is lack of information a reason to not make money

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:07 am

    Yes, lack of accurate information can be a reason people don't make money online, some people spend all of their time on social media, wasting their time consuming all sort of contents, also majority of people are lazy, they make no effort to make money or learn to find information that'll help themRead more

    Yes, lack of accurate information can be a reason people don’t make money online, some people spend all of their time on social media, wasting their time consuming all sort of contents, also majority of people are lazy, they make no effort to make money or learn to find information that’ll help them to make money.

    There are also others with information but they can’t transform it or implement it to work for them.

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  7. Asked: September 28, 2023In: Money & Business

    How can a site engineer develop saving habit?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 9:00 am

    As a site engineer looking to develop a saving habit, you'll have to start saving aggressively, since you don't get an income consistently, whenever you get one, save a huge percent In an index so that it can appreciate. You can also use your savings to start a small scale business that can provideRead more

    As a site engineer looking to develop a saving habit, you’ll have to start saving aggressively, since you don’t get an income consistently, whenever you get one, save a huge percent In an index so that it can appreciate.

    You can also use your savings to start a small scale business that can provide income for you to reduce reliance on the engineering work.

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  8. Asked: August 16, 2023In: Money & Business

    Diversifying your investments – is it necessary and why?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 22, 2024 at 8:55 am

    Diversifying your income is very important, there's a saying that goes "Don't put your eggs in one basket" it's important to have your assets in different classes, because even if something happen to your investments you'll be able to come out at the other side, also some asses might yield more profRead more

    Diversifying your income is very important, there’s a saying that goes “Don’t put your eggs in one basket” it’s important to have your assets in different classes, because even if something happen to your investments you’ll be able to come out at the other side, also some asses might yield more profits, but you’ll never know if you don’t diversify, hence it’s very important to do so.

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  9. Asked: April 19, 2024In: Money & Business

    International business- What are key considerations?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 8:25 pm

    If you're planning on building an international business you'll have to learn a lot about law and from there you can learn much about taxes business laws, it is important to understand this deeply before you get started in any international business. Another point to consider is to have more than enRead more

    If you’re planning on building an international business you’ll have to learn a lot about law and from there you can learn much about taxes business laws, it is important to understand this deeply before you get started in any international business.

    Another point to consider is to have more than enough capital in other to face an international expansion, you might lose some money before you start making money, it’s a process.

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  10. Asked: September 28, 2023In: Money & Business

    Do you trust online Investments platforms?

    spencer
    spencer Enlightened Mentor
    Added an answer on April 19, 2024 at 8:17 pm

    Investment platforms comes dime a dozen, there are a lot of them out there and you have to do your due diligence before you can profit from it, it is important to make your own research there are countless of software out there like who.is that you can use to learn more about any investment platformRead more

    Investment platforms comes dime a dozen, there are a lot of them out there and you have to do your due diligence before you can profit from it, it is important to make your own research there are countless of software out there like who.is that you can use to learn more about any investment platform.

     

    You should also first start investing what you can only afford to lose, most of these platforms goes bust after a short period of time.

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