To continue with the series on Investing Basics, we are going to explore sectors. I want you to determine if sector investing is the right strategy for you. What is a sector? A sector is a business grouping within a similar area of the economy. Investing a crypto currency is similar to investing in a sector. When it comes to stocks, today’s most common sectors include, financial, technology, health care, energy, utilities, real estate, consumer goods, and durable goods.

The next topic in the Investing Basics series is investing vs. trading. When we think about people who invest in any market (stocks, real-estate, currencies, cryptocurrencies, etc.), two types generally come to mind: Investors and Traders. The stereotypical trader might be the frenetic floor trader yelling orders out across the trading pit, sleeves rolled up. Traders generally buy investments with the intention to sell when the price reaches a particular point, usually with

I’m planning to release a series of blogs about investing basics since my inboxes on various social media accounts have been flooded with questions regarding investing vs trading, what is technical analysis, what is fundamental analysis, etc. One of my goals of the New Year is to help at least 1,000 people with their personal finances since so few seem to even grasp the basic concepts. As many of you may have noticed, I have intentionally begun posting about personal financ