Posts in category

Stock and FX Trading

Stock and FX Trading

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 …

0 143

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 …

0 130

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 …

0 189

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 …

0 142

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 …

0 262

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 …

0 80

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 …

0 106

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 …

0 157

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 …

0 71

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 …

0 132

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 …

0 160

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 …

0 61