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Stock and FX Trading

Stock and FX Trading

One of the first steps in financial planning involves coming up with a position of net worth which involves listing all assets against liabilities and coming up with a net position. So the next question would be; What is your Biggest Asset? Is it your car, house or some form of financial investment? Risk managers …

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Piggy has been watching the markets and observed that there has been a “mini bull run” on the Zimbabwe Stock Exchange (ZSE) over the past trading sessions. In fact, on a year-to-date basis, the Industrial Index is up 30.75%, All Share Index +30.35% and the Top Ten Index +26.71%. A bull market or a bull …

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Piggy has been encouraging folks to preserve incomes by (i) buying shares on the ZSE using the C-Trade platform and (ii) trading forex on the IronFX Platform. Financial education is key and the piggybankadvisor.com platform offers that. Piggy has also been pushing for WhatsApp based social trading groups or clubs that enable individuals to come …

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Piggy has been receiving lots of questions from individuals that want to start trading forex using the IronFX platform. The global FX market has seen phenomenal growth over the last several years and retail investors are taking advantage of the opportunity. While the process of registering and opening a Demo or Practice Account is simple, …

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Piggy is excited about the IronFX partnership that  has opened the opportunity for individuals  to participate in the global FX market. However, while there has been a phenomenal growth in the global FX market over the last several years, a point that must be made clear  is that “forex on-line trading is not a casino!” …

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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 …

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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 …

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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 …

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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 …

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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”. …

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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 …

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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 …

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