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Finance Questions, Loans, Insurance & Investment Advice Latest Questions

eldavis
eldavisEnlightened Mentor
Asked: September 5, 2023In: Money & Business

what investment app are you currently using?

There are so many investment apps today ranging from i-invest to binance and the likes, what investment app are you currently using and do you really trust these apps?

There are so many investment apps today ranging from i-invest to binance and the likes, what investment app are you currently using and do you really trust these apps?

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investmentmoneyonline
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  1. Emmyty
    Emmyty Trusted Adviser Entrepreneur
    Added an answer on September 5, 2023 at 8:44 pm

    Using the Robinhood investment app has been a game-changer for me. It allows me to trade stocks, ETFs, and options without being charged any commission fees, which saves me a lot of money. The real-time market data provided by the app helps me make informed decisions about my investments. I also appRead more

    Using the Robinhood investment app has been a game-changer for me. It allows me to trade stocks, ETFs, and options without being charged any commission fees, which saves me a lot of money. The real-time market data provided by the app helps me make informed decisions about my investments. I also appreciate the personalized news articles that keep me updated on the latest happenings in the financial world. Managing my portfolio and tracking my performance is a breeze with the user-friendly interface. Overall, the Robinhood app has made investing accessible and convenient for me.

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Mika
MikaExpert Mind
Asked: September 9, 2023In: Money & Business

Local stocks vs international stocks, which is profitable

If you want to invest in the stock market, which can be more profitable in the long run, investing you thew local stock exchange or buying international stocks?

If you want to invest in the stock market, which can be more profitable in the long run, investing you thew local stock exchange or buying international stocks?

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  1. Suba
    Suba Knowledge Seeker
    Added an answer on September 13, 2023 at 2:30 am

    Almost every country has a capital market, but each country has differences in stock movements and returns. In general, international stock fundamentals are better than local stocks. International stocks are more difficult to monitor because we have to diligently read international news, so it is alRead more

    Almost every country has a capital market, but each country has differences in stock movements and returns. In general, international stock fundamentals are better than local stocks. International stocks are more difficult to monitor because we have to diligently read international news, so it is also more difficult for us to determine a purchasing strategy. From my observations, investors who had capital of $1000 ten years ago and bought local leading shares (blue chips in my country) are now worth US$ 2100. Meanwhile, investors who bought international leading shares with the same capital of $1000 are currently worth US$ 2100. $1600. So in terms of returns local shares are more profitable. but fundamentally local shares are riskier.

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Lens
LensKnowledge Seeker
Asked: September 15, 2023In: Crypto & Forex

What do you understand by bitcoin halving?

A lot of people have talked a lot about bitcoin halving but I do not understand what they meant but I know that it has a lot to do with the amount of bitcoin in circulation . What is bitcoin ...Read more

A lot of people have talked a lot about bitcoin halving but I do not understand what they meant but I know that it has a lot to do with the amount of bitcoin in circulation . What is bitcoin halving?

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  1. deucher
    deucher Active Contributor
    Added an answer on April 28, 2024 at 1:50 pm

    This is a very simple process that happens every 4 years on the Bitcoin network. This is a very simple process that aims to increase the value of Bitcoin by reducing the number of tokens available for purchase and making money, which will also increase the value of this token because it will becomeRead more

    This is a very simple process that happens every 4 years on the Bitcoin network. This is a very simple process that aims to increase the value of Bitcoin by reducing the number of tokens available for purchase and making money, which will also increase the value of this token because it will become much more difficult to obtain. However, it is not very cool for miners because you will start earning much less

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Jewel
JewelKnowledge Seeker
Asked: September 19, 2023In: Money & Business

During investment, when should I consult financial advisor?

Financial advisor help in business growth and proper way of running a bus it, but when am running an investment what time do i need to consult a financial advisor into my investment?

Financial advisor help in business growth and proper way of running a bus it, but when am running an investment what time do i need to consult a financial advisor into my investment?

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  1. aboy01
    aboy01 Trusted Adviser Digital Entrepreneur | Knowledge Sharer | Smart Income Mentor
    Added an answer on March 13, 2026 at 5:00 am

    If you're feeling unsure about risks, returns, or the best strategy, it's a good idea to chat with a financial advisor before diving into any big investment moves. Seeking advice when you're new to investing, going through significant life changes, looking to spread out your investments, or dealingRead more

    If you’re feeling unsure about risks, returns, or the best strategy, it’s a good idea to chat with a financial advisor before diving into any big investment moves. Seeking advice when you’re new to investing, going through significant life changes, looking to spread out your investments, or dealing with a lot of money is also a smart move. A financial advisor can guide you in making well-rounded and informed decisions.

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spencer
spencerEnlightened Mentor
Asked: April 18, 2024In: Money & Business

How To Build an Investment Portfolio?

What’s the best way to build an investment portfolio, and also keep track of all of your investment in one place to make it easier to know how much you have cumulatively?

What’s the best way to build an investment portfolio, and also keep track of all of your investment in one place to make it easier to know how much you have cumulatively?

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  1. deucher
    deucher Active Contributor
    Added an answer on April 19, 2024 at 2:28 pm

    I think before investing you need to do a lot of research and learn a lot of information. In my opinion, there are not so many risks of losing funds due to a scam exchange on the stock market, so you can keep all baskets on one exchange. For myself, I use Freedom Finance and it is there that I can tRead more

    I think before investing you need to do a lot of research and learn a lot of information. In my opinion, there are not so many risks of losing funds due to a scam exchange on the stock market, so you can keep all baskets on one exchange. For myself, I use Freedom Finance and it is there that I can track the profitability of my assets and in my overall portfolio, but in addition to this method, you can use sites and services similar to Coinmarketcap to add assets from different brokers

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Slaky12
Slaky12Knowledge Seeker
Asked: May 27, 2024In: Crypto & Forex

What is presell in cryptocurrency?

If you have been in a cryptocurrency platform you will be hearing about Presell, what do you understand by the word presell?

If you have been in a cryptocurrency platform you will be hearing about Presell, what do you understand by the word presell?

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businesscryptocurrencyinvestment
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  1. Augusta
    Augusta Enlightened Mentor
    Added an answer on December 5, 2025 at 6:12 am

    I know of presale, I hope that's what you meant. A presale token refers to a specific allocation of tokens that are made available to early investors or supporters of the project before the tokens are offered to the general public in an Initial Coin Offering or Token Sales Some presales are legitimaRead more

    I know of presale, I hope that’s what you meant. A presale token refers to a specific allocation of tokens that are made available to early investors or supporters of the project before the tokens are offered to the general public in an Initial Coin Offering or Token Sales

    Some presales are legitimate and end up maintaining their value, but they’re in the vast minority. Even if the coin is legitimate and the developers seem like the real deal, buying before launch is a terrible idea – especially when you won’t get your coins until it launches

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Light
LightTrusted Adviser
Asked: July 21, 2024In: Money & Business

How Much do You Need to Start Selling Electronic Gadgets?

People cannot  but buy electronic devices like fan, television, iron in their house. So this will tell you this is a lucrative business. How much do you need to start this business.

People cannot  but buy electronic devices like fan, television, iron in their house. So this will tell you this is a lucrative business. How much do you need to start this business.

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  1. De Mogul
    De Mogul Expert Mind A student
    Added an answer on August 19, 2025 at 6:37 pm

    Selling electronics requires alot of money to use as capital. It all depends on where you are,.your supplier and also the size of your shop. If you are staying in a place like Lagos then you need bless capital like 5-10 million naira. This is because your are closer to the seaport, so the cost of trRead more

    Selling electronics requires alot of money to use as capital.

    It all depends on where you are,.your supplier and also the size of your shop.

    If you are staying in a place like Lagos then you need bless capital like 5-10 million naira. This is because your are closer to the seaport, so the cost of transport will be less.

     

    If your are farther away, then you’ll need more , because of the transportation.

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Slaky12
Slaky12Knowledge Seeker
Asked: August 17, 2023In: Money & Business

What is the benefit of have phone as an investor?

Actually is good to having phone as an investor so that u can observe Real-Time Access: You can monitor market trends, stock prices, and news updates in real-time, enabling you to make quick and informed investment decisions. Learning Resources: Access ...Read more

Actually is good to having phone as an investor so that u can observe
Real-Time Access: You can monitor market trends, stock prices, and news updates in real-time, enabling you to make quick and informed investment decisions.
Learning Resources: Access tutorials, videos, and articles on investment strategies, risk management, and market analysis to enhance your skills.
Emergency Management: In case of unexpected market events or portfolio changes, your phone enables you to take swift action.
Remember to choose reputable and secure apps, protect your personal information, and maintain a long-term investment perspective even while using your phone for real-time decisions.

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  1. spencer
    spencer Enlightened Mentor
    Added an answer on June 14, 2024 at 8:45 am

    I don't actually understand the question, you don't have to be an investor to have or own a phone, if you are a adult then having a phone is important, you're definitely going to be receiving calls and replying to messages. An investor's work is to invest in business that are going to bring in greatRead more

    I don’t actually understand the question, you don’t have to be an investor to have or own a phone, if you are a adult then having a phone is important, you’re definitely going to be receiving calls and replying to messages.

    An investor’s work is to invest in business that are going to bring in great returns to his portfolio, having a phone or not has little or nothing to do with it.

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Crystal
CrystalKnowledge Seeker
Asked: August 25, 2023In: Crypto & Forex

How did market cap have effect in coin price ?

What’s market cap, and how is it has an effect in coin price ? A lot of people didn’t know what’s always shake the price of cryptocurrency, an why’s adding value slowly. Answering this question will help a lot of crypto investors.

What’s market cap, and how is it has an effect in coin price ?

A lot of people didn’t know what’s always shake the price of cryptocurrency, an why’s adding value slowly.

Answering this question will help a lot of crypto investors.

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  1. Rimisha
    Best Answer
    Rimisha Knowledge Seeker I am students and I am always eager to expand my knowledge and share it with others.✨
    Added an answer on August 25, 2023 at 7:37 am

    Market cap, short for market capitalization, is the total value of a cryptocurrency. It is calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap represents the size and popularity of a cryptocurrency in the market. Market cap can aRead more

    Market cap, short for market capitalization, is the total value of a cryptocurrency. It is calculated by multiplying the current price of a coin/token by the total number of coins/tokens in circulation. Market cap represents the size and popularity of a cryptocurrency in the market.

    Market cap can affect coin price as it reflects the perceived value and market demand for a cryptocurrency. Generally, higher market cap coins tend to have more liquidity and stability. However, market cap alone does not determine the price of a coin. Factors such as supply and demand dynamics, investor sentiment, technological advancements, and market trends also influence coin prices.

     

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Abbylove
AbbyloveActive Contributor
Asked: September 1, 2023In: Money & Business

What is the role of a financial advisor in investing?

In order to provide guidance and expertise to help individuals and organizations make informed decisions about their financial goals and investments.  Financial advisor plays these roles outlined below in investing: A financial advisor begins by understanding the client’s financial goals and ...Read more

In order to provide guidance and expertise to help individuals and organizations make informed decisions about their financial goals and investments.  Financial advisor plays these roles outlined below in investing:

A financial advisor begins by understanding the client’s financial goals and objectives. This could include short-term goals like buying a house or saving for a vacation, as well as long-term goals like retirement planning and wealth accumulation.

Advisors assess the client’s risk tolerance, which is the level of risk an individual is willing and able to take with their investments. This assessment helps determine an appropriate investment strategy.

Based on the client’s goals and risk tolerance, the financial advisor helps create a diversified investment portfolio. Asset allocation involves determining the mix of different asset classes (stocks, bonds, real estate, etc.) that best align with the client’s objectives.

 

 

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  1. Mhizta Yan
    Mhizta Yan Active Contributor
    Added an answer on September 1, 2023 at 5:55 pm

    In an investment there are so many many things you need to consider such as how legitimately the platform you want to invest are, And also you need to consider your income, that is, how much money you want to invest with. You need to spread your investment to different platform so as to manage risk.Read more

    In an investment there are so many many things you need to consider such as how legitimately the platform you want to invest are, And also you need to consider your income, that is, how much money you want to invest with.
    You need to spread your investment to different platform so as to manage risk. You don’t need to jump into investments, because you may end up investing in a wrong platform. You should start investment with small amount of money.

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