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Piggy’s Articles

Piggy’s Articles

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 …

A stock market is a form of market place for the buying and selling of stocks or shares.  Probably the next question would then be; “What is a share?” Basically, if you own a share, it means you own a portion of a company. Think of a company as a cake. As a shareholder, you …

In his book, Follow the Fed to Investment Success, the effortless strategy for beating Wall Street (2008), Douglas S. Roberts, explains how the United States Federal Reserve has an “incredible power” on the availability of money and credit in the financial markets. He also cites that at one stage– Fed Chairman Alan Greenspan was in …

One Friday night, Piggy took some time to visit one of the largest casinos in the country. As expected, he was alarmed by the large scores of people that gathered there. Getting parking was a big struggle as the venue was extremely packed. As Piggy entered and walked into the main casino area, he felt …

Just as CNN’s Richard Quest would exclaim on his Quest Means Business Show, “It all begins with a humble penny!” personal budgeting is the foundation of effective financial management. Budgeting is a simple process that involves creating a plan on how to spend your money. In fact, it is recommended that you call it a …

One of the first steps that individuals should consider when it comes to financial planning is putting in place a valid will. If a person does not have a will, his estate will be distributed according to the strict rules of the prevailing acts. This means that the deceased’s estate may not be distributed according …

A new income creation opportunity has come up through Vaya lift services which is an Uber-type ride hailing service that can be easily booked by riders via the convenience of a mobile app. The new service is targeted at individuals and business customers. This development has largely been a result of the growing usage of …

There has been an increase in the use of robots not only in the engineering world but also in finance, particularly in the area of trading. Automated trading for example refers to the use of a computer program or software to create orders and automatically submit them to a market center or exchange.  Automated trading …

The subject of micro-financing is very complex, particularly when looking at the African context. On one end, we have seen how impact-investing and micro-financing has captured the world’s attention. In fact, microfinance has emerged from the periphery of finance, offering hope for financial inclusion and poverty alleviation in most emerging nations. Governments have also come …

Most individuals and households tend to delay or avoid taking out life policies simply because discussions on life cover tend to revolve around the topic of death.  Further, certain groups in society may also be uncomfortable discussing about death and may not even see the need to have a life policy. In my view, this …

One of the most striking things that I experienced when I first visited the United States of America (USA) was the high levels of financial literacy amongst ordinary citizens. I landed at the JF Kennedy International Airport in New York and met with Rob, a Black American taxi-driver, who drove me from the airport to …

Diversification is one of the most important aspects when it comes minimizing risk within an investment portfolio. The rationale is that a portfolio constructed of different kinds of investments poses a lower risk than any individual investment within the portfolio. Diversification therefore helps to mitigate the unpredictability and volatility of markets for investors. By increasing …