Financial literacy or luck? The year small-time traders made a big impact - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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OPINION | Financial literacy or luck? The year small-time traders made a big impact

Brokerage eToro’s online platform, which has two-thirds of its customers in Europe, saw 106 million trades in the third quarter of 2021, half of the first quarter total, though well above early-2019 levels of 63 million.While his Tesla holdings were hit hard by the March 2020 sell-off, he bought more after watching YouTube videos where traders advised watchers to “buy the dip.”

The subsequent bounce quadrupled Phillips’ initial 15,000 pound outlay, he said, but he has no plans to sell, citing his “10-year conviction” on Tesla. Others such as Dan, a 24-year-old student from northern England, caught the trading bug through “boredom” and reading online chatrooms such as ‘WallStreetBets’ that pumped meme stocks.

Requesting his full name not be used, Dan says he made four times his 1,000 pound investment in GameStop, though friends who got in late lost money. He has since quit day trading, calling it “luck,” but invests in stocks via a British savings account. The experience had “helped me be more financially literate,” he added.She hopes one day to rebuild her portfolio.This entry was posted on 29 Dec 2021,10:17AM at 10:17 AM and is filed under

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Financial literacy can unlock a lot of luck.

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Isn't that what's supposed to happen in a decent economy- SMEs get to thrive?

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مصر أحدث الأخبار, مصر عناوين

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This year's biggest business news in South Africa | Fin242021 was a rollercoaster ride in South African business, with record levels of load shedding, combined with boardroom power battles and inventive new corporate strategies. You have to Stand Up for yourself, No one is gonna be with you on the way to Success because the path of Success is very hard and only few can go over it. I earned over R350,000 thanks to AMBREYMARCUS1
مصدر: Fin24 - 🏆 21. / 63 اقرأ أكثر »

Rain holds up India on day two of first test versus South Africa - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Rain delayed the start of day two of the first test between South Africa and India at Centurion Park on Monday, denying the visitors the chance to build on their impressive first innings total of 272 for three. I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »

Rain washes out South Africa v India day two - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.No play was possible on the second day of the first test between South Africa and India at Centurion Park on Monday as heavy rain meant frustration for both sides seeking to gain the upper hand in the three-match series. SAvsIND I know we all probably might have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Dpurplewomanfx on Twitter she guides me through and i made a return of $10500 after a week of trading, connect with her Dpurplewomanfx I know we all probably must have heard about Bitcoin but don't know how it works, I tried it in a week ago by a man who recommended me to Leticia_thomas3 on Twitter. She guides me through and i made a return of R15500 after a week of trading, connect with her Let's just hope that the Rain Water is being Intelligently Stored/Dammed by Government. Who knows, maybe we're facing a Drought Cycle after this Wet Season. No complaints though.
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »

World leaders take to social media to honour late Archbishop Desmond Tutu - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.World leaders have taken on social media to honour the late Archbishop Emeritus Desmond Tutu . They have praised him for his service to humanity and for inspiring millions of people across the globe.TutuLegacy You have to Stand Up for yourself, No one is gonna be with you on the way to Success because the path of Success is very hard and only few can go over it. I earned over R350,000 thanks to AMBREYMARCUS__ Stop the lie, it is only colonial countries 'presidents' that have praised Tutu who was their stooge. Let professionals handle your investment, I invest R5000 and earn R55000 in just 5 days of trading,and I have helped others by introducing Benjamin_An1 expert trader who has helped me a lot to trade and make good profit, i believe the serious once can even make more.
مصدر: SABCNews - 🏆 37. / 51 اقرأ أكثر »