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Investments can feel overwhelming and intimidating, particularly if you’re a novice investor or a young professional deciding how to grow their money. The concept of investments is simple enough until you get into the stock market, and then it can feel daunting. In reality, the stock market can be a significant way to grow wealth if you take small, calculated steps. Canadians looking to begin their investment journey and enter the stock market should pay attention to these do’s and don’ts in order to maximize their experience and profits.

Do: Start Small

The stock market is an in-depth machine with thousands of companies and potential investment opportunities — so it’s important to tread lightly if you’re new to the experience. As a novice investor, you’ll likely have a minimal amount of capital to contribute, which is beneficial, because you’re subjected to less risk and don’t have to resort to bad credit loans to supplement your losses. As you gain more confidence and you begin to understand how specific industries operate, you can make decisions in the future to move around your money or purchase additional stocks.

Don’t: Panic

The stock market will change daily, especially in competitive industries like finance or technology. It’s natural for your money to rise and fall throughout your investment. It’s essential to keep a watchful eye but to refrain from panicking and pulling out your money right away — you could be losing a lucrative long-term investment opportunity. (more…)

What exactly is Fintech and what does it mean for the average person? Much more than we might think – the name refers to a company that, with the help of modern technologies, offers individuals an innovative replacement for standard banking services. If we want to explain to someone in a simple way what fintech is, we can say that it is a technology that solves a problem in the financial system or builds a new financial service / innovation. Artificial intelligence, social networks, machine learning, mobile applications, blockchain technology, cloud computing and Big Data analysis have created new services and business models for established financial institutions and new market participants. Various industries, including the casino industry, are leveraging the power of modern computing and trying to learn how they can benefit from it. For example, casinos will be able to use AI for more precise insight in comparison to traditional tools like Google Analytics, which will help websites like Rizk Canada gain better understanding of customers and their habits.

Development of fintech industry

The great influence of smartphones as well as Internet access has made a difference between developed and developing countries. China is the country that uses fintech services the most – with 69 percent of users in the entire population, followed by India with 52 percent. The reason for this is that these countries have never managed to develop a banking system / financial infrastructure / following the example of Western countries and this has opened the way for new solutions. In the use of fintech services, they are followed by the United Kingdom, Brazil, Australia, and in 20th place are Belgium and Luxembourg with 13 percent of users. (more…)

Investing firms are gaining traction in the investing world right now. And with trading sites like Forex providing potentially lucrative and fascinating ways of trading currencies. Before we start investing, we should understand the basics of trading and probably Forex Trading.

Forex trading is still a mystery to many traders, and with the higher risks and smaller profits, you get to learn about the currency exchange market. In this article, we will analyze the potential advantages and disadvantages of  Forex trading in Canada  to see if forex marketing is actually good for you to achieve your financial goals.

What exactly do you understand by the term Forex trading?

Forex trading applies to the exchanging of one currency to another powerful one to earn profit. This profit that we collect is not for tourism or business but our good.

For example: If I exchange Canadian dollars for American dollars. As for now, one Canadian dollar is 0.80 USD. So if we now exchange that money, we get some profit, and that is how forex trading works.

Some popular currencies like the Euro, Dollars and Pounds have fewer exchange rates in the stock market, but exotic currencies are far more valuable. They help brokers to earn more than the usual amount. (more…)

Contemplating an RV vacation? If you’ve never experienced a trip in an RV before, you might be wondering if this niche style of vacation is for you. The truth is, that anyone can enjoy an RV vacation, whether you want to explore the open road with a close group of friends, you want to visit a particular campsite with your family in tow, or you and your partner want to go back to basics and try something a little different, an RV vacation has something for everyone and what's more, these kinds of trips can be completely tailored to your wants and needs.

Maybe you want to visit a particular lake, or you want to park under the stars and immerse yourself within nature, perhaps you want to make camp at a family-friendly site and then spend your vacation visiting urban attractions and making family memories. From these reasons alone, it’s easy to see why more people than ever before are hitting the open road!

In this post, we’ll take a closer look at some other amazing reasons to take an RV vacation.

You’ll get peace of mind

When we take a traditional vacation, we take out medical and travel insurance to protect ourselves should anything go wrong. Well, the same applies to any RV vacation. Newfoundland Labrador RV insurance is the perfect place to start for anyone considering an RV vacation. (more…)