In September 2021, Sotheby's announced its intention to auction an extremely rare copy of the US Constitution. For interest sake, out of the 500 made, only 13 remain. 11 of those 13, sit in institutions. For example, the Library of Congress. That means two are privately held.
So, this announcement was a big deal. And many took notice. In particular one group of crypto entrepreneurs...
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One of my favourite crypto projects is booming in 2020.
Its market cap has soared from around $444 million to over R815 million.
At the same time, its price has rallied +90%.
And recently it reached an important milestone in its development, which could see some more very big gains in store for investors.
Let me explain…
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Can you guess the best performing asset over the past decade?
If you said stocks, you'd be wrong.
The actual answer may surprise you.
Bank of America analysed the returns of different asset classes over the past decade and this is what they found…
$1 invested in…
• Gold would be worth around $1.35
• US bonds would be worth just over $2
• US Stocks would be worth aro... ››› more
I don't know if you noticed, but last weekend, bitcoin's price soared from around $7,500 to over $9,600 - a +28% gain!
Many cryptocurrency market analysts pointed to comments made by China's president President Xi Jinping that the country should "seize the opportunity" of bitcoin's blockchain technology, as the reason behind bitcoin's sudden rally.
You see, China banned bitcoin and cryptoc... ››› more
When Facebook announced plans to launch its new digital currency Libra, it was met with fear…Especially in China.
When questioned on Facebook's Libra at a press conference, the founder and CEO of Huawei hit back saying,
“China can also issue such a [crypto]currency by itself. Why wait for others to issue it? The power of a country is always stronger than an Internet company.”
The ... ››› more
This year alone we've seen Bitcoin rise over 200% in price. And in just one month, it's pierced right through the expected target of $11,890 which I sent out on 27 May 2019.
Take a look at the before and after chart to see how it panned out.
This is the first time, in 17 months, we've seen Bitcoin hit these kinds of high prices. The interesting thing is that it looks... ››› more
Q. "Now that Facebook is launching a new crypto-currency, I'm very interested to start trading it. Could you briefly explain what I need to know to understand the new crypto-currency and why people are getting so excited over it?"
A. Facebook's crypto-currency is called Libra. It is a one of a kind global currency and financial infrastructure which will be powered by a smart contract platform... ››› more
I doubt you've ever considered whether you're more of a Lion or a Rhino.
However, these two animals are not only part of our beautiful big five, but illustrate important traits about the way we think and impact our ability to make successful betting predictions. “Lions know many things, while Rhino’s know one big thing!”
Find out which one you are below?
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Recently while watching the soccer at my local pub, a regular face approached me grinning from ear to ear.
Immediately I said, “So I guess the next rounds on you?”
To which he replied, “Your whole tab is on me!”
You see, earlier that month I gave him a piece of advice that seemed to be the last piece to his betting strategy.
He has seen his bankroll rise up by 20% in the last m... ››› more
Q." I signed up with GT247.com and set up my account. Currently, I am fooling around with the simulated trading application.
I came across trailing orders and have been trying to understand it. I didn't notice it in the guide when I initiated the subscription for Red Hot Storm Trader. It is somewhat confusing to implement, please help…"
A. Trailing Stop Loss Order is simply a tool that... ››› more
Look at the chart below...
It looks messy as hell, doesn’t it?
But what if I told you it is, in fact, the most efficient chart you will see in your life.
It’s called the Ichimoku Kinko Hyo.
It’s an all-inclusive technical indicator which was developed by Goichi Hosoda, a Japanese journalist, over the better part... ››› more
You've decided you want to invest in cryptocurrencies.
You've opened an account with a cryptocurrency exchange.
You've deposited your money and bought some Bitcoin, Ethereum or another cryptocurrency.
Now how do you make sure your cryptos are secure and stored safely?
Well, before I tell you, you need to know that storing cryptos isn't like storing cash. There are no intermediaries... ››› more
Regular readers will recall I wrote an article a few weeks ago, which claimed that investing the full Tax Free Savings Account (TFSA) allowance for your new-born child would turn him into a billionaire by the time he retired.
Even after the effects of inflation, this investment would mean R200,000 per month income, in today's money.
An explosive claim, I know, but one that I can back up wi... ››› more
South Africa sits with the ‘achievement' of having 8 out of the world's ten deepest mines.
While this is clearly an achievement in engineering - it's a problem specifically for our gold mining industry.
Production costs have skyrocketed, accidents in the deep mines make it even more difficult to profit.
In fact, in the 1970's South Africa produced as much as 80% of the world's gold,... ››› more
Whenever I speak to Timon Rossolimos, the head of the FSPInvest desk, about investing, he does his best to convince me that trading is the best way to make money in the markets.
Now I'm an entrepreneur and a long-term investor. I usually throw a bunch of excuses at Timon while he is trying to convince me to trade.
• “I don't have enough money to trade.”
• “I don't have time to ... ››› more
This weekend, Samsung booked out a large chunk of Sandton Square to put on a very innovative promotion based around their new Oculus VR gear. As you walked in, your eye was immediately drawn to a series of rollercoaster seats where people were screaming, throwing their hands in the air or ducking away from non-existent obstacles. Well, non-existent in our reality, of course.
Welcome to the wor... ››› more
Nothing compares to the exhilaration of writing and selling an e-book. Trust me I know. When I published my first e-book, The Home Business Tycoon, I watched every sale like a hawk. Then, when I published my second book, The Minimum Wage Millionaire, I nearly fell out of my chair when I watched the sales roll in.
There's something motivating knowing that every sale will result in money flowing... ››› more
Over the past month, the Japanese stock market has been on a roll.
Firstly, the Nikkei 225 stock market index rose for 12 straight trading days. That's the index's longest run of gains in 27 years.
Then the Nikkei 225 stock market index fell for the next seven trading days.
So what's going on with the Japanese stock market? Are there further gains coming?
Read on to find out…
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News on the Bitcoin front has been quiet lately. This seems to coincide with a drop in the price of the digital currency.
But just because Bitcoin isn't making the headlines, it doesn't mean there isn't a lot going on with it.
Let's take a closer look at what's going on…
Money is pouring into Bitcoin
There are strong signs that many investors can see the future potential of Bitco... ››› more
There are benefits to investing in offshore stocks. It adds some vital diversification to your portfolio, which helps to reduce risk. And you can gain exposure to stocks that just aren't available to invest in here.
But investing in international stocks means you need an offshore trading account. So what if you don't want the hassle of opening another account? What are your options?
Read on ... ››› more
Disclaimer FSP Invest, a division of Fleet Street Publications (Pty) Ltd, is a research house and not a registered broker, financial advisor or financial service provider. Our editors and customer services teams also do not give personal investment advice. The advice in this website is general advice only and may not be appropriate to your particular investment objectives, financial situation or particular needs, so before investing or if in any doubt about your personal situation, you should seek professional advice from a stockbroker or independent financial adviser authorised by the Financial Services Board.
We research our recommendations and articles thoroughly, but disclaim all liability for any inaccuracies or omissions found on this website.
Remember: Never invest more than you can afford to spare and that the value of any investment, and the income derived from it, can go down as well as up. The past is not necessarily a guide to future performance.
Editors or contributors may have an interest in investments commented on in this website.