Hi all! Tell me, where is it more profitable to invest now? I heard that cryptocurrency is currently the best way to make money.
Crypto has amazing returns, but unfortunately you're going to have to sit-down and read the white-papers. There's a lot of bs, even in the white-papers as well.
One of the first things you need to know about learning new skills or picking the best financial product is how the money in your account works. Everyone wants to buy something, but not everyone knows how it works. With money, you have to understand how money works and whether it's good for you or not. You have to be aware of what's coming into and out of your account so you can take care of yourself and make intelligent decisions. All these tips I've learned from a financial coach helped me very much to understand these things.
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Gold was worth A$620 per ounce at the end of September 2005. The price of gold climbed by 10% per year for nearly 10 years to reach A$1,550 per ounce on 15 September 2015.
An index of gold mining stocks in Australia’s market, the S&P / ASX All Ordinaries Gold Index, fell by 4% per year from 3,372 points to 2,245 in the same timeframe.
In 2015, oil prices started falling off a cliff.
The lowest price that WTI Crude reached in 2016 was US$26.61 per barrel, on 11 February. 10 months later on 21 December 2016, the price had doubled to US$53.53.
Over the same period, 34 of a collection of 50 Singapore-listed oil & gas companies saw their stock prices fall; the average decline for the 50 companies was 11.9%.
Lesson: The gap between a favourable macroeconomic event and a share’s price movement can be a mile wide.