Category: Finance
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Testing the “Trade the Trend” Strategy with Sector SPDR ETFs
I’m embarking on a journey to test a long-term investment strategy using SPDR Select ETFs. The strategy involves ranking ETFs based on their performance in the previous month and then investing in them according to their weight ratio by grand total. By applying the weight ratio by grand total, I aim to allocate funds in…
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Investing vs. Trading. Understanding the basics.
Investing involves purchasing assets for long-term growth, focusing on gradual wealth accumulation. Trading, however, is about buying and selling assets frequently to profit from short-term market fluctuations. Both strategies have distinct goals and can be tailored to meet everyone’s financial objectives and risk tolerance.
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Getting Started with Dollar Cost Averaging (DCA) in Cryptocurrency
I used to be very skeptical of cryptocurrency, viewing it as nothing more than a very expensive scam. But recent developments around ETFs and Bitcoin reserve in the U.S. have changed my perspective. Now, I see the potential of crypto and have started to invest cautiously. Using DCA, I can manage risk, reduce stress, and…
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What is an expense/budget category and how to use it
An expense category is a group of expenses within the budget that helps you gain a better understanding of your spending habits and make informed decisions about your finances.
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Expense tracking spreadsheet
Continuing the previous post, How I took control of my money, let’s see how easy it is to see where your money is going. My long term idea is to write few articles with different topics but when you’ll put everything together, you’ll get a pretty nice money tracking and planning Excel file. Again, for…
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How I took control of my money
Well, starting a new “topic” on this blog, personal finance related 🙂 Just to be clear from the beginning, I’m not a finance guru, nor am I an expert in this field. Unless otherwise stated, what I will write here is my own experience with how I did this and that and how I think…