In my mind, indeed, the upcoming election will be quite a tough job when it comes to demanding a vote for a particular party or an independent candidate. These days, each political candidate has promised to verbally make into his/her area more prosperous along with developmental activities. After all, winning matters a lot, no matter which party one may belong to. Similarly, an independent candidate does, too.

Being a curious finance student, I often think about wealth management. Wealth management or money management, when done correctly, has wide-ranging benefits for investors of all kinds —large and small. This is the reason why wealth management has come to be associated with the rich and wealthy is because wealth is associated with the rich and wealthy. Wealth management is more than just investment advice, as it can encompass all parts of a person’s financial life. In fact, the wealth manager starts by developing a plan that will maintain and increase the client’s wealth based on the individual’s financial situation, goals and comfort level with risk.

When I think about (poverty, money and love), to my mind I can sense out that all of three are interrelated to each others. Before I’d like to write something about these issues, I remember a powerful quote by Bill Gates, “If you are born poor, it’s not your mistake, but if you die poor, it’s your mistake". Time and again I don’t know why, this quote is hit in my mind like a fire in a positive way rather than not in negative way. However, according to the World Economic Forum, it is painful to say that 263 million people could face extreme poverty in 2022 across the world. Let us do meaningful work in this regard so that poverty can be eradicated to some extent.

In fact, two of the basic concepts of stock market trading are “bull” and “bear” markets. On the one hand, the term bull market is used to refer to a stock market in which the price of stocks is generally rising. Quite interestingly, there is no specific and universal metric used to identify a bull market. Nonetheless, perhaps the most common definition of a bull market is a situation in which stock prices rise by 20% or more from recent lows. On the other hand, a bear market exists when stock prices are overall declining in price. A bear market occurs when a market experiences prolonged price declines. It typically describes a condition in which securities prices fall 20% or more from recent highs.

When I think about investing, I often remember the famous saying by Warren Buffett, “Rule Number One: Never Lose Money. Rule Number Two: Never Forget Rule Number One.” Yes, it is, indeed

Have you ever heard about the metaverse? It is a set of technologies that allow for persistent, digital representations connected to aspects of the real world, like people, places, and things. Firstly, let us briefly understand the history of ‘metaverse’ by the term itself. The first use of the term ‘metaverse’ was in the 1992 science fiction novel “Snow Crash”, by Neal Stephenson, which described a single virtual world separate from the physical world. Other books, video games and content expanded on this concept, creating virtual worlds in “Ready Player One,” (which called its shared VR reality “the OASIS”), “The Matrix”, and “Second Life”, to name a few examples.

“The Future of money: towards new wealth, work and a wiser world.” When I read this powerful research paper written by Bernard Lietaer, I don’t know why my mind is hit like a fire in a profound manner. Similarly, at the same time, when I compare new technologies with old ones, I get really amazed by the world simply because it is changing so fast in terms of cryptocurrency, bitcoin, blockchain, fintech, artificial intelligence (AI), machine learning, data management, and now metaverse. So, my plain question is what will the world of money look like in five-or ten years’ time now? Notably, this quest comes to my mind quite frequently. And, of course, despite having so many innovations in digital payment systems, no one can predict exactly what the world’s digital currency will look like.

Indeed, ‘portfolio management’ is all about a concept that promotes the idea of diversification. To be honest, let me tell you that the idea of managing your own investments can feel daunting, but no matter how much money you’ve, there is a level of portfolio management right for you. Simply put, however, it can be either passive or active in nature. Most tellingly, on the one hand, passive management is a set-it-and-forget-it long-term strategy that often involves simply tracking a broad market index — commonly referred to as indexing or index investing. On the other hand, active management instead involves a single manager, co-managers or a team of managers who attempt to beat the market return by actively managing a fund’s portfolio through investment decisions based on research, and decisions on individual holdings. Apart from this, the business strategy underpins successful project portfolio management. Here is what I’d like to say: strategy refers to the long-term direction as well as scope of an organization, working towards the goals of growth in the competitive landscape.

In fact, there is a misconception about ‘investment’— is that a big fat money in your bank account while just getting started. However, the true fact is that the process of building a strong investment can begin with a few dollars or pennies. Yes, it is, indeed. At 11 years old Warren Buffett, for example, bought his first stock at a cost of $38 per share. So, my simple logic is that there are no age limits as well as how much money you will be investing in the stock market or elsewhere for investment. On top of that, however, an early investment can make a lot of sense because your money has enough time to grow into a substantial surplus fund that will serve you well in times of need.

To quote Bill Gates, “If you are born poor it’s not your mistake, but if you die poor, it’s your mistake.” Most tellingly, I often read this quote when I think about financial freedom. First and foremost, let me define the term ‘financial freedom’ — which means having enough savings, financial investments, and cash on hand to afford the kind of life as we desire for ourselves and our families. And, of course, our size of mind is everything when it comes to making wealth in life. In other words, I mean to say that the thinking behavior of a person's mindsets at a time when he/she is thinking for wealth creation. No matter how much financial stress you're in today, there is always a way to achieve financial freedom in the long run.

The term love, it is hard to define and difficult to express by words. Frankly speaking, love is the feeling of two souls, where I can see everything possible because of love. In fact, love has a powerful energy which gives us so much humbleness.