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Michaeltrendz

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Friday, 9 April 2021

How investing works - What you need to know in 2021

April 09, 2021 0
When you invest, you’re giving your money the chance to work for you and your future goals. It’s more complicated than direct depositing your paycheck into a savings account, but every saver can become an investor.

What is investing?

Investing is a way to potentially increase the amount of money you have. The goal is to buy financial products, also called investments, and hopefully sell them at a higher price than what you initially paid. Investments are things like stocks, bonds, mutual funds and annuities. You buy these products through an investment accounts, like a 401(k), IRA, cryptos or brokerage account.

The differences between saving and investing are:

• You typically save money in a traditional bank account or by simply storing it someplace safe. When you invest, you’re purchasing products and keeping your money in a specified investment account.

• When saving, your opportunity for growth is lower, and might not exist at all. Investing helps you beat inflation through interest earned ensuring your money’s purchasing power stays strong.

• Saving is usually reserved for short- and intermediate-term goals, whereas investing is better suited for long-term goals like retirement.

Three (3) investing strategies

You’re probably thinking, “I’d love to see my money grow. Investing sounds great!” You’re right and it even comes with a playbook. The 3 strategies below can help you form a solid investment plan.

1. Start investing as soon as you can

The more time your money has to work for you, the more opportunity it’ll have for growth. That’s why it’s important to start investing as early as possible.

2. Try to stay invested for as long as you can

When you stay invested and don’t move in and out of the markets, you could earn money on top of the money you’ve already earned. That’s called compounding returns, and it could mean more money for retirement.

3. Spread out your investments to manage risk.

Putting all your money in one investment is risky—you could lose money if that investment falls in value. But if you diversify your money across multiple investments, you can lower the risk of losing money.

Start early, stay long

One important investing strategy is to start sooner and stay invested longer, even if you start with a smaller amount than you hope to invest in the future. This allows compounding to flex its muscles. Compounding happens when earnings from either capital gains or interest are reinvested generating additional earnings over time.

How important is time when it comes to investing? Very. We’ll look at an example of a 25-year-old investor. She makes an initial investment of $10,000 and is able to earn an average return of 6% each year. If keeps her initial investment and all accumulated earnings invested for roughly the next 40 years, by the time she’s 65, she will have grown her money to more than 10 times her original amount.1

But waiting 10 years before starting to invest, which is something a young investor may do earlier in her working life, can have an impact on how much money she will have at retirement. Instead of having over $100,000 in savings by age 65, she would have just $57,000 nearly half as much. If she puts off investing even longer (20 years, for instance), the total value of her investment will be even lower, just over $32,000.

Even if it’s early on in your career and you only have a small amount to invest, it could be worth it. The power of time has potential to work for itself the money you do invest (even if it’s only a little) will compound for as long as you keep it invested.

Diversify your investments to reduce risk

You typically can’t invest without coming face-to-face with some risk. However, there are ways to manage risk that can help you meet your long-term goals.

The simplest way is through diversification and asset allocation. When you diversify spread your money across multiple different types of investments you can help reduce the risk of losing money. One investment may suffer a loss of value, but those losses can be made up for by gains in others.

It can be difficult to diversify when investing strictly in stocks especially if you’re not starting out with a lot of capital. This is where asset allocation comes into play. Asset allocation involves dividing your investment portfolio among different asset categories like stocks, bonds, and cash. A simple way to spread your investments among different asset classes is to invest your money in mutual funds and exchange-traded funds (ETFs), cryptocurrencies. Both products typically have a large number of stocks and other investments within the fund, making them more diversified than a single stock.

Hope this becomes useful to you, thanks.

Regards, Adams Matthew - follow on quora



When you invest, you’re giving your money the chance to work for you and your future goals. It’s more complicated than direct depositing your paycheck into a savings account, but every saver can become an investor.

What is investing?

Investing is a way to potentially increase the amount of money you have. The goal is to buy financial products, also called investments, and hopefully sell them at a higher price than what you initially paid. Investments are things like stocks, bonds, mutual funds and annuities. You buy these products through an investment accounts, like a 401(k), IRA, cryptos or brokerage account.

The differences between saving and investing are:

• You typically save money in a traditional bank account or by simply storing it someplace safe. When you invest, you’re purchasing products and keeping your money in a specified investment account.

• When saving, your opportunity for growth is lower, and might not exist at all. Investing helps you beat inflation through interest earned ensuring your money’s purchasing power stays strong.

• Saving is usually reserved for short- and intermediate-term goals, whereas investing is better suited for long-term goals like retirement.

Three (3) investing strategies

You’re probably thinking, “I’d love to see my money grow. Investing sounds great!” You’re right and it even comes with a playbook. The 3 strategies below can help you form a solid investment plan.

1. Start investing as soon as you can

The more time your money has to work for you, the more opportunity it’ll have for growth. That’s why it’s important to start investing as early as possible.

2. Try to stay invested for as long as you can

When you stay invested and don’t move in and out of the markets, you could earn money on top of the money you’ve already earned. That’s called compounding returns, and it could mean more money for retirement.

3. Spread out your investments to manage risk.

Putting all your money in one investment is risky—you could lose money if that investment falls in value. But if you diversify your money across multiple investments, you can lower the risk of losing money.

Start early, stay long

One important investing strategy is to start sooner and stay invested longer, even if you start with a smaller amount than you hope to invest in the future. This allows compounding to flex its muscles. Compounding happens when earnings from either capital gains or interest are reinvested generating additional earnings over time.

How important is time when it comes to investing? Very. We’ll look at an example of a 25-year-old investor. She makes an initial investment of $10,000 and is able to earn an average return of 6% each year. If keeps her initial investment and all accumulated earnings invested for roughly the next 40 years, by the time she’s 65, she will have grown her money to more than 10 times her original amount.1

But waiting 10 years before starting to invest, which is something a young investor may do earlier in her working life, can have an impact on how much money she will have at retirement. Instead of having over $100,000 in savings by age 65, she would have just $57,000 nearly half as much. If she puts off investing even longer (20 years, for instance), the total value of her investment will be even lower, just over $32,000.

Even if it’s early on in your career and you only have a small amount to invest, it could be worth it. The power of time has potential to work for itself the money you do invest (even if it’s only a little) will compound for as long as you keep it invested.

Diversify your investments to reduce risk

You typically can’t invest without coming face-to-face with some risk. However, there are ways to manage risk that can help you meet your long-term goals.

The simplest way is through diversification and asset allocation. When you diversify spread your money across multiple different types of investments you can help reduce the risk of losing money. One investment may suffer a loss of value, but those losses can be made up for by gains in others.

It can be difficult to diversify when investing strictly in stocks especially if you’re not starting out with a lot of capital. This is where asset allocation comes into play. Asset allocation involves dividing your investment portfolio among different asset categories like stocks, bonds, and cash. A simple way to spread your investments among different asset classes is to invest your money in mutual funds and exchange-traded funds (ETFs), cryptocurrencies. Both products typically have a large number of stocks and other investments within the fund, making them more diversified than a single stock.

Hope this becomes useful to you, thanks.

Source: Adams Matthew 
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World leading site for import and export

April 09, 2021 0
The top website for import and export goods can cover multiple market segments and provide import and export buyers and sellers with sufficient supplier/manufacturer/distributor resources to choose from, so that the import and export business can effectively help more Merchants fulfill their needs and share good resources.

Therefore, I recommend the following top import and export goods websites for you to help your business.

• Top1 Alibaba

Alibaba is a global website that can find buyers for online import and export. Specializing in e-commerce, it can help manufacturers, retailers and importers and exporters to list their products and sell them online. If you want to start an online import and export business, then you can definitely start listing and selling your products from this online platform.

• Top2 FashionTIY

The website is a comprehensive global portal website for import and export business, covering large websites in a variety of market segments. Different from Alibaba, all products on their platform are self-operated and the prices are extremely competitive. 70%+ cheap wholesale prices, not only can import and export buyers and sellers provide wholesale business, but also meet the needs of retail. For small and medium-sized and large enterprises, rich products and professional supply chain services are regarded as procurement experts around you.

• Top3 Kompass

Kompass is an intelligent business model that can help different companies digitally market their products and increase their sales data. Its unique data expertise provides innovative B2B information services, enabling you to contact the right contacts in the right company at the right time. Therefore, it is the preferred B2B docking and import and export service provider for many governments and private organizations around the world.

• Top4 Global market

Global market is a leading manufacturer of commercial M2B service providers. They have an online market platform that can connect international manufacturers and buyers. Therefore, it provides great help to all importers and exporters.

• Top5 Made-in-China

Made-in-China is the world's leading B2B portal, dedicated to providing high-quality services to global buyers and high-quality Chinese suppliers. Therefore, if you are looking for a platform for importing and exporting products, you can always use this application and start exporting.


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Friday, 5 February 2021

What I'm Doing Now to have a realistic daily routine by public declaration

February 05, 2021 0

 What I'm Doing Now

I’m Dare Michael, trying to lead an exciting, yet stable and habit-based life with my standing most available person. This is what I spend my time doing:


  • Being a supportive and present friend, and son.
  • Selling Gadgets and accessories for income.
  • Building the best e-sim and wireless network that serves my locale (and learning some crucial telecom skills in the process)
  • Writing articles for my blog, and creating content that will teach people on how to start a business with little or no funds.
  • Taking piano lessons and 👇
  • learning a personal interest that only me knows about.💥
  • Working out on a course for professional certificate in finance and business 
  • Partnering my Co-business owner T**L & M***C GROUPS.
  • Working on having a reading and learning habit daily.
  • Reading 2 books around a topic within a month around the topic.


On a more global level, these are my priorities:


  • Teach people on how to love humanity more, with an example from me and my wife.
  • Travel the world with my wife exploring and sharing experience, featuring influential people around a business niche.
  • Regular exercise – especially gym works.
  • Eat well
  • Sleep 6 hours a night
  • Delegate the things I don’t want to do/shouldn’t be doing
  • Have time to play piano
  • Increase the proportion of my income that comes from my own products (increasing overall income is currently of lesser importance to me)
  • I am open to considering new opportunities, as I highly value novelty, spontaneity, and growth. However, I aspire to stick to my priorities 90% of the time. As a result, I will say no to the majority of requests that come my way now.


If my activities or priorities happen to change, I’ll update this page to reflect those changes. Last update was February 04 14, 2021.


This page is a public declaration and a reminder to myself, and it balances out the goal-driven nature of my Impossible List. It was inspired by Derek Sivers.


If you’d like to create your own and make it public, here’s a guide on how to build your own website.

copy and reference how I inspired you and pass it on.

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Wednesday, 8 January 2020

HOW TO GROW YOUR BUSINESS FASTER IN 2020

January 08, 2020 1
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HOW TO GROW YOUR BUSINESS FASTER IN 2020

It’s a new year, and it’s a must to be ready. Adobe inc in U.S said online product sales will reach higher stands from Now through December, A 14% increase than the previous year. With the higher rush on festive sales, but it’s smarter to properly prepare your business for 2020.



Don’t delay it over Next month to get the new year’s wheels in track. Instead, give yourself a couple months runway to get up to speed for a powerful take-off. If you don’t have plan yet for 2020, don’t panic, - it’s definitely not late  begin now. Here are 3 ways you can start 2020 Smartly.


1. TRAINING – Make a Plan to learn.
For a business growth, you must invest in the professional growth of your team. Best and quality training will help accomplish this. It permits your group to keep up with Digital skill, monitoring requirements, variations in products or services and branding. In order to obtain those rewards, you have to allocate the exact budget.

Every single business’s state is diverse, so it’s vital to measure your needs correctly. Medium-to-large organizations often allocate 2% to 5% of income budgets, according to eFront. If you’re a cash-strapped start-up, that amount may be out of range, but you should still calculate what training budget you can afford. Consider group-training preferences, which can be inexpensive due to volume discounts. Also, use your in-house experts to provide training through three-monthly group workshops or mentorship courses. Rochester, NY-based Birchcrest Tree & Landscape takes this approach, using employee trainers to uphold quality and boost success. The company consigns employees across departments as trainers; when there’s a training need, that's their full focus. When there’s not, team members concentrate on completing the typical daily tasks in their respective sections.


2. GOAL – Set Achievable Goals.

Don’t be like the New Year’s resolution maker who pledgees an ambiguous resolution to “build up a good shape.” To drive income and growth, you must establish concrete goals, ones to which you and your team can be held accountable. The best way to do that is to make your goals “SMART.” This popular acronym, copied from the self-improvement world, stands for Specific, Measurable, Achievable, Realistic and Time-Bound. This means every of your genuine goals needs to state in detailed language correctly what's to be realized, by what time point, by which methods -- and how you can prove you’ve achieved it.
Say you’re in a Animal-foods market. You might set a SMART goal to increase sales of your high-protein dog brownies by 2% by the end of the 1st quarter. You would likewise plan to achieve that through a 12-week online advertising blitz. 
“Once you are all set with your goal, split it into smaller milestones with their own deadlines,” advises Bhavin Turakhia, CEO and founder of Flock, a collaboration platform vendor. “This stops team members from becoming overwhelmed by ambitious goals. The team finds it less intimidating to focus on one small component of a project at a time.”

3. Prioritize high-quality data.
Today’s business world runs on data, so it’s critical to make sure yours is correct and well-managed. “Data must be accurate and clearly structured before you can analyze it effectively. Bad data renders your machine-learning tools and personnel investments useless, and it can ultimately lead to errors that harm your business,” explains Vince Dawkins, president and CEO of Enertia Software, to Innovation Enterprise.

Start off 2020 with an eye toward data quality -- you’ll thank yourself later. Insist your team follow best practices for data management. This includes measuring your data quality regularly, cleaning databases and taking a hard look at the flow of data through your operations.

Start by prioritizing which data is most important for your business, making sure the associated databases have no duplicate or inaccurate information. Set up a data-improvement plan (and associated SMART goals) to tackle this project efficiently. In the end, you should have KPIs that allow you to assess the quality of your data and databases that conform to them.

The end of the year isn't just for office holiday parties -- it’s a key time to prepare for January and beyond. Through appropriate training, SMART goals and robust data management, you can start off strong. Prepare today, and you’ll be ready for a great new year.


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Wednesday, 14 August 2019

How to make money online - THE TRUTH YOU SHOULD KNOW

August 14, 2019 6
Making money online is one of the most easiest way to fetch money into your pocket, But Some things need to be clear before you embark on your journey to making money online.
I have been a blogger for quite 4 to 5 years now and making money online has been quite simple in my opinion with services like Affiliate, Google AdSense, Advertisement and likes, you can make tons of money if you find your right niche in the industry.

KNOW YOUR INTEREST
Online money making start with interest, if you know how to talk best about your interest you’re in the quest to become the next Millionaire online.

You can start a Topic on a blog or any social platform, Just make sure you are reaching, meeting peoples needs, and you’re solving problem, I started this blog out of sharing Professional tips that I get in seminars, books, thought etc..; and I've seen it as a medium to impact life,I realized I had an interest, Then how can I get audience to listen to what preach? or How can I create a platform to Impact life, out of which I created this platform, Meaning you can make money out of interest.

KNOW HOW TO TURN YOUR INTEREST TO MONEY
Lately, I realised I share more tips and news on Gadget via my WhatsApp groups and Status, in which I was getting much viewers, So I decided to Start netgad.com   a blog created out of interest for Telecomm and Gadget, I started the platform to review product on AMAZON, ALIEXPRESS, JUMIA and so on, Targeting my local audience will fetch me money using the platform to share all I post on my status for free.

7 tears old Ryan on youtube make over 1
Millions dollars monthly just for sharing his interest with the help of his parent.
His niche is simply kids toy, Latest toy review, Hoe to use them etc.

The young YouTuber has over 21 millions followers and estimation of about 30millions on his 2 YouTube account making him the richest youngest YouTuber ever lived...



You can Make money as well, Just make a research on your interest, list them down and find a niche(Topic) around it, Build your audience and find a platform for it.

Kindly comment bellow your thought, also share if you love this article
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Five (5) Business to start with less than 50,000 naira in NIGERIA

August 14, 2019 0

5 Side Hustles You Can Start With 50k or Less, In Nigeria.


Starting a business with low capital is not only possible, it is doable and can be very profitable if done rightly.

Let's have a look at 5 side businesses you can start in Nigeria with low capital(50k below)

1. MINI IMPORTATION

This business involves buying items from China or other countries at a cheaper rate and selling it for profit here in Nigeria.

I know some people who are doing this business and they're making huge profits daily.
@michaeltrendz teaches that on whats app

2. SOCIAL MEDIA MANAGEMENT

Business owners are busy people and may not have the luxury of time to handle their social media page at all times. This is where you come in. You help manage their social media account, respond to comments, reply DM's, engage with the audience and help them grow their business.


3. SALES OF OIL PERFUMES

This is very simple to start. People love to smell nice, so perfume will always sell.

You will need to approach a wholesaler, buy in bulk from them in different sizes and resell. For a start, you should buy the 3ml, 8ml and 12ml sizes.

4. DRIVE UBER/BOLT

People are making lots of money via Uber/Bolt. If you know how to drive and you know your way around the city, then you shouldn't be complaining of unemployment.

Look for agencies that recruit drivers, sign up with them and start making money daily by driving on Uber/Bolt platform.

5. SNAIL FARMING

There is money in agriculture. Snail farming does not require huge capital. You can have a snail farm in your backyard.

Snail farming is one of the cheapest agribusiness to start, but it yields huge capital when you do it well, because of the high demand for snails.

From the above list, which one would you like to start?

Comment below if you need more clarification

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Saturday, 27 July 2019

HOW TO FOCUS ON JUST ONE THING

July 27, 2019 0

Topic: As you've focus on one aspect 'graphics' inspire people on why they should be focus on one aspect as an entrepreneur




ONE EYE



I grew up in a place where our "anthem" is "ona kan o wo'ja" (is not only one route that enters any major market), telling me that, to attain to anything the I must be ready to do lot more than one.



Then, I'm told in school "Jack of all trade master of none" what a contrasting word.



I don't want to be Jack and still want to do more that one thing since that's what our "anthem" says then I learn the power of ONE EYE.



I think we need to learn wisdom from everything nature has brought our way, and we good we start with human body system.



The eye is so powerful a body organ that its function is instrumental to our body coordi…


 Did you know?

95% of start up business that diverted into other business died as a start-up?

China is know for technology

American is known for SECURITY

Italy is know for FASHION

Adenuga is know for TELECOMMUNICATIONS

Dangote is known for FOOD

Adeboye is known for SPIRITUALTY



Every great man is known for one thing... Do they have other things they do? YES but they've master their strength and their lies their eye!



See more

Hear more

Know more

But Master one at a time!
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Wednesday, 10 July 2019

HOW TO GET MIND OFF HEART-BREAK

July 10, 2019 0

DEALING WITH A HEART BREAK
A heart break could be worse than the turbulent waves that arouse a deep blue sea,making the heart more battered than a shattered piece of ceramic plate,from the truama he/she passes through,to more less the sleepless nights,i wouldnt even want to think of the amount of tears that could have gushed out...

yea yea i know what it feels like,and most times we feel this way because we really did love this person,we didnt just fall in love,we made the jump and decided to rest in the arms of one we thought felt the same way we did,the irony of it all is that the deeper the affection or love or romance we had with this person,the deeper the pain we feel in the end,which in the end leaves the note at the front doors of our hearts,a question that makes us ponder if love is actually real,well while in this pain,you have to remember that you don't need anybody to complete your being,you need to love yourself first,and if anyone had tried crushing your heart,the most beautiful thing you could do is to remind yourself of how much you love you,for in the end the only person that stays with you 24/7 is you, so while he/she has acted below the standards you have placed on them,and while you placed the value of an eagle on them but they turned out to be chickens or perhaps frogs,baby all you need do is to run back into the arms of that person who stays with you 24/7,and this could be tough,because you rated this person as your resting zone,the memories you created were like the drops of dew from a leaf,so soft and tender,but now this same thoughts seem to be piercing dart,now you need to remember that to heal is all a process,trust me id be deceiving myself to tell you that the tunnel to get yourself healed from any kind of hurt is easy but
give yourself sometime,remember the first person after your God that should love you is you

Sometimes all we need is to go back to our first love.

© savietalk
© michealtrendz





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