Definition of Descending Triangle A descending triangle is a bearish chart pattern that is formed when the price of an asset consolidates into a series of lower highs and finds…
1. Why Set Financial Goals? Setting financial goals helps you set a clear roadmap for managing your money, saving for the future, reducing debt, and gaining independence financially. It provides…
1. What is real estate investing? Answer: Real estate investing is the act of buying properties to generate income, either through rental income, property appreciation, or a combination of both.…
1. Why do freelancers need financial planning? Answer: Financial planning enables freelancers to effectively manage their income, budget appropriately, save for taxes, and ensure that they can cater for short-term…
1. What is the stock market? Answer: The stock market is a place where investors can buy and sell shares of publicly traded companies. It includes exchanges like the New…
1. What is a long-term investment portfolio? Answer: A long-term investment portfolio is a collection of investments designed to grow over an extended period (usually 5+ years). It usually consists…
1. What are financial scams and frauds? Answer: Financial scams and frauds are illegal activities that deceive people or organizations to steal their money or information. It ranges from phishing…