Friday, November 22, 2019

Episode 8: Forex Trading

Episode 8: Forex Trading


I had no idea, that you could trade foreign currency, on an open market as you would with stocks. I was always under the assumption that this process was only reserved for financial institutions, or governments. I was also under the assumption that if you wanted to participate in the trade of foreign  currencies, you needed a license, as needed for those shops you see when travelling on vacation, that will exchange your money for you.
Well, you don't know what you don't know!
It seems this week I learned that foreign exchange trading is a real thing. Anyone with a computer/smartphone can set up an account and be trading within minutes, no license required.

This is what wiki has to say...
The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies. This market determines foreign exchange rates for every currency. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the credit market.[1] (click here to see the rest).

I just started learning, and haven't dared to invest any real money yet, but it seems exciting. One of the benefits of Forex trading is that because of these micro transactions, you aren't spending a vast amount of money, and that $100 can get you started.

I'm not going to make any recommendations, as I'm still learning and trying to understand how to use the software properly. However I am thinking this might be a topic that will take a few more weeks... 

Stay tuned




Friday, November 15, 2019

Episode 7: Life Is Precious

Episode 7: Life Is Precious


Getting back into blogging has been a good way for me to slow down, and re-evaluate the important things in my life. I am living during a time gifted to me by my ancestors, where my life, while hectic by modern standards, pales by comparison to the plight of previous generations, whose survival depended on the provision of food, clothing, and shelter. I have been afforded the opportunity to shift my focus away from the monotony of day to day chores, so as to fill my little bit of extra time expanding my knowledge of the world around me. Even though the shackles of survival have been cast off, constraints of time, destiny and fate continue to disrupt our path through life.

What I have learned this week is a lesson I've regretted learning so many times in the past. Be it the loss of a family member, a friend, a colleague, or even an acquaintance, nothing prepares you for the sadness and emptiness that death brings.

Normally I would be creating content for this blog, by researching a new topic, to share with all of you. This week however I will be attending a funeral, and as I write this I remember back to all the others that death has taken from me over the years, quietly saying a prayer for all of them.

Thanks for understanding, and I will return next week with new content.