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Piggy’s Articles

Piggy’s Articles

Piggy has observed several changes happening that are eroding household incomes. The latest development is that fuel prices have gone up. This is because foreign currency procurement by Oil Marketing Companies in Zimbabwe is now being done through the interbank market at the ruling exchange rate. As a result, a litre of petrol is selling …

Piggy has been receiving some enquiries from fellows that have been on-boarding the C-Trade platform for the trade of ZSE and FINSEC-listed shares. Most of the questions  have revolved around placing a buy order after funding the C-Trade Account and selecting a Broker. This is generally a simple process where one just clicks on BUY …

Piggy has been promoting the idea of engaging through social channels and sharing information on how to on-board trading platforms such as IronFX.  For example, to open a demo trading account, one has to access any article on piggybankadvisor.com (web or via the app) and click on the IronFX account opening link as shown; The …

In line with Piggy’s thrust to promote investment platforms that enable individuals and households to have access to various investment products, piggybankadvisor.com has partnered with IronFX. Piggybankadvisor.com is now an authorized Introducing Broker (IB) for IronFX, anaward-winning Global Leader in Online Trading that has 10 trading platforms and over 200 tradable instruments in forex, spot …

One of the main questions that people have been asking Piggy is whether one must save or pay off debts first? The fact is that there is no reason why, with some good financial planning, you cannot do both! While debt or leverage provides certain advantages, it must always be kept at a “manageable minimum”. …

One of the kindergarten songs that keeps playing in Piggy’s mind whenever he looks at the currency situation in Zimbabwe is “Chitty Chitty Bang Bang sitting on a wall”. This is a play school rhythm that speaks of a cheat who tries to “make a dollar out of fifteen cents”. While we cannot label economic …

The much-awaited Monetary Policy Statement has finally been announced. A number of economic commentators have already come up with impact assessments for the economy as well as companies. However, no one has really zeroed-in on how the new monetary measures will affect personal and household incomes. This is when Piggy steps in to give some …

Piggy has been very reluctant to reveal some money making opportunities on the stock market. However, after some careful thought, he has decided not to end up like one of those “greedy fat pigs” but instead share and reveal a powerful secret, at least to his close friends. The truth is that despite being in …

Once you have completed the initial registration process  as outlined in the article entitled, “Welcome on board the C-Trade Platform”, the next stage would be to fund the C-Trade account.  Piggy likes C-Trade since it is a very convenient platform that has moved away from the traditional way of doing things. It has simplified how …

C-Trade is the latest development on Zimbabwe capital markets that enables anyone from anywhere to buy and sell shares on the Zimbabwe Stock Exchange (ZSE) and Financial Securities Exchange (FINSEC).  The C-trade platform also gives Zimbabweans in the diaspora a chance to invest in shares with enhanced simplicity without asking anyone home to do it …

One concept that Piggy has been promoting is for investors and traders to be kept updated on market developments through social trading groups. These are basically informal WhatsApp-based groups consisting of individuals who share ideas and news flow about a common interest, which in this case is trading on Zimbabwe capital markets. Piggy also supports …

Before kick-starting the stock market investing journey, Piggy recommends that you first of all state your financial objectives and know your risk-tolerance level. By doing this type of homework, you can determine which categories of financial assets you may want to consider investing in.  Shares are generally considered risky assets given that share prices can …