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.
Gold Rush When Covid-19 came knocking, most investors were thrown into a panic mode. Some sold their shares as they rushed to find a haven to secure their wealth. Some rushed for the US dollar but the wise rushed for the gold. For centuries, gold… Read More »Gold Fund: Gold Price Surge Providing Lucrative Opportunities for Investors
Let’s talk goal-based investing! As an investor, you probably have a lot of questions running through your mind such as how to invest, where to invest, which asset should receive the most allocation, among others. If this is you, it is crucial to have a… Read More »Goal-Based Investing: Why Ndovu?
Diversification, let’s talk about it! 🔊 ‘We were not taught about investing when growing up.’ This sentence has been uttered multiple times by attendees during our monthly Ndovu Academy webinars. A quick internal poll on this issue produced the following results: However, when we changed… Read More »Diversification – What is it?
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… 🐘
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.
Money doesn’t come easy, and being good with money is about more than just making ends meet. Life is much easier when you have good financial skills. If you’re struggling with money management issues such a living paycheck to paycheck despite making more than enough money, then here are some tips to improve your financial habits.