What exactly is a market downturn? Market downturns refer to periods when the stock market continues to fall. You can say we are currently in a market downturn. This is why you may see your portfolio value on ndovu in negative areas. Keep calm and… Read More »Think big picture and don’t sell during a market downturn
Islamic FinanceMany books, articles, and research papers have explained Islamic finance. Society still knows very little about it. Some of the reasons cited for minimal awareness and understanding of Islamic finance include high illiteracy levels and lack of access to the available literature on it.… Read More »Islamic Finance 101 with Ndovu
Financial Freedom So many people say “I can’t afford to start investing.” The truth is, you can’t afford NOT to start investing, because time is the issue, not money. Compound interest is the real silver bullet when it comes to growing your wealth and the… Read More »Financial Freedom: The simple path.
Halal InvestmentAs the Muslim population grows globally, so does the appetite for investing in permitted opportunities. Islamic finance places critical importance on ensuring that income is generated in lawful ways, as enshrined in the Quran and the Sunnah. For Muslim investors, it is haram (not… Read More »Halal Investment: How Ndovu Can Help You Invest According to Your Faith.
Going into the year 2022: Getting your personal finances on track is likely a huge priority for you. The New Year presents the perfect opportunity to take a closer look at your finances and figure out what steps you should take to move even closer… Read More »2022: Getting your personal finances on track 🏁
When it comes to selecting an investment partner, there are several questions that arise in the investor’s mind. Undoubtedly, the first one is on safety. (Pro tip: To learn more about the other questions that you should be asking, visit Ndovu Academy 🤓 ) So… Read More »Safety: Is my money secure with Ndovu?
Ndovu, the elephant, is synonymous with strength, empathy, and wisdom. Whenever an elephant is mentioned in casual (or even, serious) conversation, one is guaranteed to either hear about their majesty or incredible levels of emotional intelligence. In the animal kingdom, they live together in herds… Read More »Ndovu: The Story Behind The Name… 🐘
A bond is an IOU.
When you buy a bond, you are loaning money to a borrower (in finance terminology, the borrower is called an ‘issuer’) for a defined period of time.
To put it simply, trading is a skill of perfectly timing the market whereas investing is the art of wealth creation through compounding and reinvesting profits in interest and dividends over years by holding quality assets in the market. Traders’ main focus is usually on the price movement of stocks in the market. If the price of an asset significantly goes higher than how it was when it was bought, traders take this opportunity to sell the stock and gain a profit.
Real tips from money-saving experts on how to grow your savings and most importantly, how to make your money work for you… You may think you are miles away from turning into a millionaire but really you are only a few steps away. Here are… Read More »Grow your Savings – 5 Simple Steps
