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Gold Value Inches Up As People Await The Closing Of The China-U.S Negotiation

News Team

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Thursday recorded a tentatively higher edging of gold, ahead of the talk between U.S and China which had been set to gown in the midst of the day amid mixed signals over the prospects of the negotiations. As of 1204 GMT, spot gold was up to 0.1% at $1,506.96 per ounce, having hit a one-week peak of $1,516.77 in the session earlier.

U.S. gold was as low as 0.1% at $1,512.10. The senior vice president at precious metals trader MKS SA, Afshin Nabavi said there was an extremely nervous state in the gold market and everybody was really positive towards the price of gold, but at the same time everyone was looking for some kind of assurance or confirmation on the trade talks.

Recently presented data has shown an incredibly great weakening in global growth in the market as it has also been kept on edge by the ongoing negotiations between the United States and China. A recent report by the South China Morning Post indicated that the Chinese delegation was to exit Washington a day earlier than expected just after a minister-level meeting.

There are, however, reports which put forth the suggestion that the U.S government is possibly considering to lift the restrictions on Chinese technology giant Huawei. If by the 15th of December more negotiations will have broken out, nearly all goods which are imported from China, which are more than $500 billion worth, could be subjected to punitive tariffs.

As a result of this year’s low yield of gold of about $1,265.85 worth, mainly on the back of trade tensions and gloomy economic growth outlook, gold prices have risen by about 20%. Investors often use gold as a hedge against uncertainty in the political and financial domain.

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Personal Finance

The Power of Having a Financial Vision.

Kevins Jerameel

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Vision is the incubator of greatness so they do say. Vision is the genesis if tremendous growth and freedom. Success begins with a vision. A vision is a picture of a preferred destination. A vision is a mental image of possibility that flashes within your mind. To succeed in any field in life, you need a vision. Financial freedom begins with having a financial vision.

Sam Walton opines that capital is not scarce, but vision is. Money is simply a byproduct of vision. Vision is the most important asset. Build and develop your vision. Allow your vision to grow within you. Nurture your vision until greatness is fully incubated within you.

The world desperately needs your vision because your vision is a solution to a problem facing the world. Vision is valuable. Vision is power. Vision brings transformation. A financial vision is not just about having money, it is having a clear investment vehicle that will generate the finances you need.

The vision speaks of the person you become. The person you become will determine the wealth you create. Who you are determines your worth. Vision must be incubated and nurtured within the faculty of the mind until it matures and it is finally birthed out.

Whatever the mind conceives, it can achieve. Within the womb of the mind lies rich dreams that can change not only your life but future generations. When the mind is pregnant with the vision of change and greatness, nothing is impossible. Believe in your mental vision and surprise your world………. all wealth is within your mind! People that have created wealth made it through investing in their vision.

What you see is what you become. Every successful high achiever envisioned himself moving to higher levels even when before success manifested in the natural. People move to great levels of wealth because they are propelled by a vision that pulls them higher and inspires them to act in order to achieve the freedom they desire.

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Personal Finance

The Power of Financial Knowledge

Kevins Jerameel

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One scholar once said knowledge is power, another scholar dismissed this assertion. To the latter, his school of thought had it that only applied knowledge is power. Over the years I have come to understand that ignorance is expensive. Knowledge is the key to both making money and managing it.

Capsules of knowledge are hidden in financial lessons. Applying the lessons learnt is the only proof that you have mastered your trade and it is your bridge to accessing uncommon levels of greatness in life.

Financial knowledge is the reason someone can rise from poverty to wealth. It is the reason someone can bounce back from bankruptcy to a millionaire.

Money can end but the ability to produce wealth still exists. The money may not be there but the bank of knowledge can never go bankrupt, the person still has the ability to create wealth. The real wealth is the knowledge you have not the money in the account. Those who forget to invest in knowledge soon loose their money and will to make money again.

What you know is more important than what you have. What you have is a by product of using and applying what you know. Money will not respect you if you don’t have the knowledge to keep it and multiply it. You need a rich mind loaded with rich knowledge in order to be wealthy and successful in life.Jim Rohn observed,  ‘formal education will make you a living, self education will make you a fortune.’

If you are going to live beyond just making a living, invest in self education. Invest in empowering your brain for wealth creation. As one Joseph Obwanda opines investment on the head always pays the best interest. Your financial literacy will determine the money you command. Benjamin Franklin observed, an investment in knowledge pays the best interest.

An uninformed man is a deformed man. Information will increase your intelligence. Information is a valuable currency and asset in the current world that we are living in. Successful people value and invest in information. The wise act out of an informed perspective.

Invest in yourself by acquiring skills, attending seminars and talking with successful persons. Knowledge is the only currency that does not diminish in value. Financial ignorance can cause one to live a life of oblivion. Do pursue new investment opportunities and constantly learn new skills on money management and investing. Your knowledge is your greatest source if financial freedom.

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Investing

The Power of Investing

Kevins Jerameel

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What is investing? Investing is a process through which you make your money work or to grow or appreciate for a long-term financial goal. One author of business books observed, “Rich people see every dollar as a seed that can be planted to earn a hundred more dollars which then can be replanted to earn a thousand more dollars. Investing is a process: it is a journey.

Life is all about investing. There can never be financial freedom without the power of investing. Investing is the ability to multiply your capital assets. It is to spend money with the expectation of achieving a profit or a material result by using other financial vehicles like commercial ventures, property or shares.

Investors are smart. If there is a time when there are unique financial opportunites that time is now. Smart people use asset finance to advance their lives and business forward. When your money is put in motion through business and investing, you create an opportunity to making more money. Money has more value when it is working for you. Save with an intention to invest for it has the greatest return.

When you have a big mind, you will invest your money by putting it into motion. Learn the secret of sending out your money to the world and ensuring that it comes back with a multiplying effect.

The reality of the matter is that money reproduces itself more quickly as you are willing to assume more risk. The higher the risk, the higher the return. Robert Kiyosaki, author of Rich dad, Poor dad, observed, “Often, the more money you make the more money you spend. That is why money does not make you rich but assets will make you rich. “Cash in the bank is nothing, you must invest in assets. An investor is focused on increasing his asset base. A person who is risk averse is conscious of increasing only his savings.

Investors have a different mindset they have a high appetite for asset acquisition than for having money alone. They do understand verily that the more they acquire assets; the assets will work for them and generate more money than they would ever need. Invest heavily in asset acquisition in order to secure your financial future.

When making an investment, ask yourself these questions;

  1. Will I get my money back? {risk}
  2. How quickly will I get it back? {Velocity]
  3. What is the expected yield or return on my money? {reward}

Based on this criteria and evaluation, you can make an informed investment decision. There are two important rules for investing. These rules are so simple that people fail.

Rule no.1: Never Lose Money.

Rule no.2: Refer to Rule Number 1

Pulling away money for investing is very important if you are going to achieve financial freedom. What is investment? Investment money is: money reproducing itself, money coming to you not away from you. Money coming from other people. Money working for you.

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