Monaco has most millionaires per head

Monaco has most millionaires per head

Monaco has most millionaires per head in Europe – but London not far behind One in every three people in Monaco are millionaires, according to research into the cities of Europe that have the most high net worth individuals, with Zurich close behind. London ranks fourth. Millionaires on its Mayfair streets and penthouses may be more numerous than Monaco, but they account for only one in every 29 of the capital’s citizens. Edinburgh, ranked 16th, is the only other UK city to make it into the top 20, with an estimated one in…

Increasing Your Net Worth

Increasing Your Net Worth

6 Tips For Increasing Your Net Worth Your net worth can tell you many things, but it is simply a way to gauge your own financial success. Many have calculated their net worth and come to the conclusion that it is in need of a little spit-shine, yet improving it can seem very difficult. However, it only requires some guidance and a little willpower. Pay Off Your Debt Money you owe is money that could be used to grow your net worth. Pay off all your debt as soon as…

You Bought the High

You Bought the High

Oops, You Bought the High I have seen and heard this many times from new traders. They buy right at or near the high of the day or sell at or near the low of the day and they can’t believe it. Either their emotions or trading strategy had them entering the market at the worst possible price, which is obviously not ideal. The focus of this piece is to understand why this happens and how we can correct that and also profit from it. As I mentioned above, there…

Investors became Bitcoin buyers

Investors became Bitcoin buyers

Large Investors Become Major Buyers Of Bitcoin The world has woken up to the fact that the Central Banks are a curse, rather than a boom to the global economies, and their time left is slowly coming to an end because of new technologies and currencies I talked about last week. People are starting to park their money in digital currencies, like Bitcoin, rather than parking them in fiat currencies. This is primarily due to the Negative Interest Rate Policy as well as Zero Interest Rate Policy of the Central Banks, which…

Blowing Climate Change Efforts Off Course

Blowing Climate Change Efforts Off Course

How Renewable Energy Is Blowing Climate Change Efforts Off Course Is the global effort to combat climate change, painstakingly agreed to in Paris seven months ago, already going off the rails? Germany, Europe’s champion for renewable energy, seems to be having second thoughts about its ambitious push to ramp up its use of renewable fuels for power generation. Hoping to slow the burst of new renewable energy on its grid, the country eliminated an open-ended subsidy for solar and wind power and put a ceiling on additional renewable capacity. Germany may also drop a…

Simplest Forex trading strategy

Simplest Forex trading strategy

The Simplest Forex Trading Strategy in the World If someone asked me to describe my trading strategy in as few words as possible, it would be this; horizontal levels and price action. Indeed, trading price action setups from horizontal levels is the “core” component of my trading theory and strategy, and if you were to take away only one thing from my website it would be that you can learn to trade the market effectively by simply drawing the core levels on your charts and waiting for obvious price action signals to form around…

US economy exceeds expectations

US economy exceeds expectations

US economy exceeds expectations to add 287,000 jobs Figure comes after two months of disappointing job growth Unemployment climbs to 4.9%, labor department says The US economy added 287,000 jobs in June – exceeding expectations after two months of disappointing job growth. The unemployment rate went up to 4.9%, the Department of Labor announced on Friday. Economists polled by Reuters had expected 175,000 jobs to be added in June and the unemployment rate to go up to 4.8% – up from 4.7% a month ago. Friday’s report comes just days after the…

Park Your Cash in

Park Your Cash in

Where to Park Your Cash in You have money, you need a place to park your cash in for a while and the financial institutions are lining up at the door. You may be tempted to fall for whatever suitor makes a good first impression, but remember: This choice is all about you. The best short-term savings account is the one that best matches your needs in the following areas: Access: How often will you need to dip into the account, and what’s your preferred method of access — ATM, checkwriting, online, and…

Economy is a Monopoly board

Economy is a Monopoly board

BILL GROSS: The economy is a Monopoly board, and everybody is losing Bill Gross thinks the world economy is playing a losing game. In his latest investment outlook on Wednesday, Gross said credit creation had reached its limits and there was nothing central banks could do about it. This means the global economy, which Gross said is based on credit creation, in turn is slowly grinding to a halt. To illustrate his point, Gross compared the world economy to the board game Monopoly. Here’s how it’s supposed to work, according to…

Welsh Reject EU

Welsh Reject EU

Welsh Reject EU, but Its Money Will Be Missed NEWPORT, Wales — David Adams co-owns a Welsh painting business. His leanings in the recent referendum to leave the European Union would seem obvious. Grants from the European Union have funded many of the projects he works on, including the former bank branch he was painting last week in this city in southern Wales. European Union funds also helped him hire apprentices, including his own son. And Wales gets back far more money from the European Union than it pays in. But many…