It’s safe to say 2020 has started pretty rough. The Coronavirus seems to keep spreading, schools, businesses, and even some factories are shutting down. And on top of that, the stock market saw one of it’s biggest declines of the last decades, followed by extreme volatility.
Throughout history, many methods of trading, barter, and paying have been invented. From trading tools to stones, commodities, precious metals and even paper bills. In the time of today, we are already used to not only paying with real bills and coins but also by transferring money online.
The history of money
Before we can get an understanding of how and why bitcoin was invented, we should start to look at the history of money.
When it comes to investing in the stock market, you’ll find a lot of advice. There are many strategies used to try getting great returns. And as it goes with everything, you have good strategies and bad ones. The strategy you want to choose for your portfolio is up to you. Let me share some important basics you should be aware of before investing in the stock market.
” The big money is not in the buying and the selling, but in the waiting. ” ~ Charlie Munger
Being a successful investor is often considered as beating the overall market return. But what if you are happy with the market return? What if you don’t want to dedicate your free time to reading financial reports, CEO letters and want to avoid risk as much as possible?
If so, investing in an index fund might be the thing for you. Hang on, I will cover everything you need to know.
” By periodically investing in an index fund, the know-nothing investors can actually outperform most investment professionals.” ~ Warren Buffett