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Top 5 Benefits of eCommerce Link Building

Top 5 Benefits of eCommerce Link Building

Websites play an essential role in establishing the branding and reputation of a business. Search engine optimisation is a critical factor in achieving a successful campaign for a company’s products and services. Likewise, getting links to your website is an effective way to reach out […]

5 Reasons to Live In Hawaii

5 Reasons to Live In Hawaii

Are you looking for a change in scenery? Did you know Hawaii is offering free round trips to US citizens? They’re looking for remote workers who want to temporarily relocate. This is a great opportunity to get away from the virus-ridden cities and start over in […]

Personal Finance Tips to Make Money in a Volatile Market

Personal Finance Tips to Make Money in a Volatile Market

However, truth is that market volatility is inevitable and happens more often than you think. In the short term, statistics prove that markets will move chaotically up and down. Therefore, trying to time it can be very difficult. A long-term mindset that ignores the near-term fluctuations should be the best way to go in this case. Following a good personal finance blog will provide you the best insights and strategies to take during a volatile market period.

A more radical approach to follow in a volatile scenario is to simply avoid it altogether. This means staying invested no matter how the short-term fluctuations are. This requires you to be mentally and emotionally strong, as it’s not easy to watch your portfolio dropping by 50%, for example.

Please notice that the famous “buy and hold” strategy doesn’t mean that you’ll make money by simply holding a stock for 10 years. These strategies are driven by the companies’ fundamentals in the long term, and volatile periods tend to present the best opportunities to buy into the market sometimes.

You should also be aware of other issues that happen usually in volatile markets that increase its risks even further. As volatile markets are always associated with high trading volumes, trading execution can be delayed, which could hypothetically also cause an order to be executed at a different price level than what you saw during your quote. Check out other personal finance blogs that have previously reported on this issue.

If this ever happens to you in an online trading platform, you should reach out to their support team, and be aware of how prepared your favorite platform is to deal with high volume periods. Sometimes, alternatives like mobile trades or over-the-phone brokerage are also available during these periods. In any case, don’t trust 100% whatever price you see on your screen.

Another good strategy to follow in a volatile market is to create limit orders instead of market orders. What does that mean? Market orders are executed immediately, there is a chance you don’t get the specific price you wanted, especially in fast markets, such as stocks, oil and currencies.

5 Powerful Strategies to Maximize Your Marketing for HVAC

5 Powerful Strategies to Maximize Your Marketing for HVAC

As a trade-oriented business, building a client base for your HVAC company has unique challenges compared to other industries. Though you offer an integral service that most people can’t perform on their own, marketing your brand might not come naturally. Still, you must know how […]

Affordable Renters Insurance for Starting Out

Affordable Renters Insurance for Starting Out

According to one study, 37% of renters spend money on rental insurance. If you’re moving into a rented apartment, you might like the idea of getting some rental insurance coverage. However, you may have some questions about how much this kind of insurance costs and […]