Bitcoins are just one of the over 900 new format currencies known as cryptocurrencies to have emerged over the past few years. As they have become more mainstream in their appeal the price of bitcoins and their crypto-cousins has skyrocketed, causing investors to wonder if they have been missing out. What then is a cryptocurrency, and should […]
Category Archives: investments
Characteristics of a canny investor – Part 2
Just because you don’t have an ultimate financial gambit to sell a business or inherit funds, it doesn’t mean you will never become wealthy. The important thing is to know yourself – in particular, your financial behaviour. Modeling your behaviour after successful investors is already a step in the right direction. Let’s look at some […]
Investment insights – diversifying your portfolio
Investment diversification is not a new concept. I’m sure that we all know the old saying that you should not put all your eggs in one basket. If a “basket” drops, you don’t want all of your investments to break. Diversification reduces risk, making the uncertain journey to your financial end-goal significantly smoother. Investing is […]