Recently, a crowdfunding site called Indiegogo gave small businesses a new way to get started, through investments! Indiegogo, like Kickstarter, gives businesses an easy way to get the funds they need to make their business possible, but now, with equity crowdfunding, small businesses can sell part of their enterprises so that they can get the money required to make it possible. If you’re interested in investing in one of these small businesses go to Indiegogo.com by clicking here.
Real estate is probably one of the safest investments there is. Why? Because real estate almost always goes up in price over the years. The problem with real estate is that it is very, very expensive, so it’s probably not the best investment to start with. Investing into real estate can also be great because you can rent out the home until you’re ready to sell it for a profit, meaning that someone pays you every month to stay in there. I wouldn’t recommend starting with real estate because it can be so expensive, but it doesn’t hurt to know a little bit about it.
As I talked about in one of last weeks posts, there is more than just one type of investing. Not only do people invest in stocks, but some invest in foreign currencies. Investing in foreign currencies is super similar to investing in stocks, but there are a few things you should know:
Investing in foreign currencies is a bit more complicated than you might think. Because the value of both your countries currency and the currencies you invest in is always changing, you have to understand that if the value of one of the currencies you invest in, say the British Pound, appears to go down it may actually be because your currency, maybe the Euro, went up and the British Pound actually didn’t change one bit.
World events are just as important to the stock market as they are to foreign currencies. Usually, if something happens to the economy in the country/countries where the currency is used the value of the currency will change. One good example of this happened a while ago when the value of oil plummeted. As a result the Canadian economy didn’t do as well as it once did, and the value of it’s currency dropped quite a bit.
Investing into currencies is slightly more dangerous, in my opinion, than investing into the stock market. There are less things that could impact a companies stock price than there are things that could affect the value of a currency, but this is just my opinion, some people believe that it is the other way around.
Hey there! Guess what, there is more than just one type of investment. I’ve talked about stocks for most of my posts, but there are a lot more options for investments. Some other common ones include real estate, bonds, precious materials, foreign currencies and a whole lot more. Basically an investment is the act of buying something, hoping the value will go up, and eventually selling its and ideally making a profit. So technically you could invest in pencils if you really wanted to, but I wouldn’t recommend it!
Hello all! Many of you have probably heard about the recent release of Pokemon Go in Australia, New Zealand, Japan, and the States. Although it hasn’t come out in Canada yet, I still know that it is an awesome game. It will revolutionize the way games are played because there is nothing else in the world like it. So how does this have any relation to the stock market? Well, the Pokemon company is owned by Nintendo an if you have been paying attention to the Nintendo stock in the past week and a half, you would have noticed that it has recently been rising very quickly. These are the types of things you should look out for when you’re trying to find a great stock to invest in.
That’s all for now, Ben
P.S. Sorry about the absence of investing posts in the past few weeks. I’ll definitely be creating posts much more often now.
I recently stayed at this hotel, and was pleasantly surprised with the services and activities it offered. My first impressions were good just walking into the lobby, and after checking out the room, I knew that I was going to have a great stay. The room itself was bright and interesting. As soon as you walk in the room comes to life using technology I’ve never seen in a hotel. The windows open themselves and the lights automatically turn on, as well as several other things. Although there was no swimming pool, there was a lot to do near the hotel. It was very close to a public transit system and several touristy spots, such as a park and a famous church, were right nearby. As an added bonus everyday from 3:00 to 6:00 the hotel offers free tea and cake, alongside the free breakfast offered in the mornings. Overall this is a great place to stay for anyone visiting Vienna.
The Wenceslas Square Hotel is a fairly small hotel located just off Wenceslas Square in Prague, Czech Republic. Its takes less than two minutes to get to Wenceslas Square from this little hotel. Getting my bags up to my room when I first checked into the hotel was a struggle. There are a lot of stairs to climb up, even after taking the elevator up to you floor. When I first got to my room on the 5th floor I was disappointed. The room looked like very little thought was put into the design. Also, the only window in the room was a skylight which can’t offer the views I was hoping for in a Prague hotel. It was not what we were expecting at all. We soon requested a room change, and since none were available that day, we had to stay the night in that room. Although are first night was unpleasant, things quickly changed when we were given a new room for the 2nd night. We got a room on the 3rd floor, which was a huge improvement to our 5th floor room. We had a great view of the nearby museum and the room was extremely bright and airy. Other than my first nights stay at this hotel, I had a good experience at this hotel. My 2nd room was very nice and it was located in a perfect location, with the added benefit of free breakfast at the hotel. If you’re planning on staying at this hotel in the spectacular city of Prague, I’d recommend requesting a room below the 5th floor as those are the nicest rooms.