sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar

Contrary to popular belief, the financial system isn't broken; it functions precisely as intended. Inflation, often seen as a drawback, actually serves as a deliberate mechanism to discourage saving and incentivize investing.

sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar

The average person thinks the stock market is a casino. They have no idea about the concept of compound interest, dollar cost averaging, long term investing, or index funds. They confuse investing with gambling and hold themselves back by dismissing it as a rich person game.

binarydigit, to KindActions
@binarydigit@social.lol avatar
sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar

Approach trading with the mindset of achieving success rather than being driven by fear of failure. Remember, losses are part of the trading journey, so accept and learn from them.

sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar
sharina_mc1, to random
@sharina_mc1@ohai.social avatar

The USD/JPY gained downward momentum after the U.S. Federal Reserve's FOMC Statement, indicating a change in monetary policy. Interest rate cuts are now expected in spring 2024. The currency pair is currently trading near 141.800, testing values last seen in late July. Traders should be cautious as conditions remain volatile. Breaking below 143.000 and sustaining values below would signify further downward momentum. Support levels to watch are 142.000, 141.500, and 141.000.

sharina_mc1,
@sharina_mc1@ohai.social avatar
sharina_mc1, to Finance
@sharina_mc1@ohai.social avatar

Crude oil prices declined, settling below key levels and moving into a bearish zone. Support is near $69.20, with a risk of further decline towards $65.00 and $62.00. Resistance is at $71.20, $72.00, and potentially $75.00. Gold prices also declined below support levels and are consolidating near $1,980.

gmate8, to Finance
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gmate8, to random
@gmate8@mastodon.online avatar

If you want to use a wallet for BTC, ETH or something else, you may want to try Unstoppable. It's available from . If you want a Monero wallet I can recommend @monerujo. It's also on @fdroidorg.

globalcitizen, to random

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https://globalcitizen.world/benefits-of-retiring-overseas/

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