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Showing posts from July, 2021

PONZI SCHEME, WHAT YOU SHOULD KNOW

   I am pretty sure that you have heard about the term PONZI SCHEME and PYRAMID SCHEMES a lot either in the news, social media or from friends. It is not something new. It has been in existence for quite a number of years now. “But when you work hard for your money, you do not want to lose it. And if you invest your hard earned money you want to see great returns. But if you are looking to invest your money be careful.” (VOA, Learning English Program). There are many ways that you can be tricked out of your money. There are frauds, schemes and scams carried out by fraudsters, schemers and scammers. Two types of these tricks that you should know about are Ponzi Schemes and Pyramid schemes. This post focuses more on giving a general idea of what a Ponzi scheme is like and what you have to know about Ponzi schemes so that you will not be a victim of such schemes. PYRAMID SCHEME A pyramid scheme is an illegal business in which investors are paid with monies brought in by later inv...

6 WAYS TO COME UP WITH A BUSINESS IDEA.

Of late, business owners are among the people who are enjoying the luxurious lifestyles. Many people are who have tried to come up with great business idea but do not know how to go about it. If you had also wanted to start your own business or you are planning of starting a business now, but you don’t have any concrete idea at hand. Then I will edge you to take your time and relax as I take you through this seven 6 simple ways of coming up with a business idea.  1. Ask Yourself “What Next”? As you begin your entrepreneur life, this question is a very powerful question that puts your mind in motion and makes you think about likely new opportunities. There may be several opportunities closer to you but because you have not put your mind at work to critically scrutinize these opportunities, you will realize that you are always at stage 1 without progress.  You are likely to raise a lot of alternative ideas by asking yourself “What Next”? 2.Do Something About What Bugs You. Entre...

HOW TO BUY AND SELL THOUSANDS OF U.S STOCKS FROM GHANA.

  In my previous post you remember I talked about understanding the stock market. Right? Today we are coming to look at how to buy and sell thousands of stocks from the U.S stock market directly from Ghana in a comfortable way without passing through a lot of formalities. Through this process you can buy and sell Ghanaian stocks as well. For some time now, we use to hear how CEOs of companies like Apple, Amazon, Facebook, EBay, Intel, Walmart etc.  are increasing their wealth overtime through their investments (stocks). So most of the times we wish we can also invest our small monies in some of these companies so that we can also enjoy a part of their stock returns, but we find it difficult to do so. But don’t worry! I’ve got you covered. Today I will show you how to do that. You can do that through the Bamboo Investment App. Also known as invest bamboo. Bamboo is a U.S online investment app used to trade in international stocks. Bamboo gives unrestricted access to over 3,000 ...