Understand short-term investment strategies:
Short-term investment strategies are ideal for storing and accumulating cash that you will need within five years. They rely on lower-risk assets that provide more liquidity, such as bonds and interest-bearing accounts. It doesn't generate huge returns like you see in the stock market, but it can generate some income because it's less risky and more flexible.
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If you want to learn about Investing from scratch go to Investing Basics
Examples of short-term investment strategies:
Current assets include bonds, cash and cash equivalents. Many combine features such as overdraft programs, letter and deposit confirmations, bill payments, money transfers, and even his FDIC or NCUA insurance.
High Yield Savings Accounts:
High Yield Savings Accounts pay higher interest rates and generate more income than regular bank accounts. These guaranteed liquid assets often offer benefits such as writing checks, paying bills, and transferring money. However, monthly withdrawal limits or minimum balance requirements may occur.
Money Market Accounts:
Money Market Accounts combine the features of savings and checking accounts (insurance, interest income, debit cards, etc.). However, you may face monthly withdrawal or deposit requirements. Interest rates may also fluctuate depending on the average balance.
Certificate of Deposit (CD):
Think of a CD as an insured savings account that locks cash against guaranteed earnings. CD deposits earn fixed interest rates over months to years. (The larger the deposit and the longer the maturity, the higher the interest rate usually.) Unfortunately, you won't have access to the cash until maturity, and you're out of luck when interest rates rise.
Cash Management Accounts:
Some investment firms offer cash management accounts to consolidate investors' financial services in one place. Many of them pay higher interest rates than regular bank accounts, have check-issuing privileges, savings programs, and even lines of credit. But be aware of maintenance fees and minimum balance requirements.
Money Market Funds:
Money Market Funds are uninsured products issued by investment companies and brokers. These funds pool investors' capital to purchase high-quality, low-risk securities such as bonds, government bonds and cash equivalents. While generally easy to withdraw, these are not risk-free investments and management fees can hurt your profits.
Government Bonds and Pension Funds:
Government bonds are essentially loans made to the government in exchange for interest income. You can choose from a variety of maturities and interest rates, or (preferably) sell your bonds on the open market for a profit. Alternatively, you can buy bond funds with spread maturities and interest rates.
However, bonds are not without risk. When interest rates rise, bond values typically fall. Also, while corporate bonds offer higher yields, they also carry a higher risk of default.
Treasuries:
Treasuries are short-term bonds that either accrue interest or can be sold for less than their actual value to be redeemed later. The Treasury does not raise state or local taxes, but they typically have low yields and carry interest rate risk.
How do short-term investments affect you?
Short-term investments provide flexibility, liquidity, and benefits in short-term money accounts. It also promotes diversification to complement long-term strategies.
A Wise Investing Guide: Things To Consider When Investing in Your 20's
Investing in your 20s: Investing plays an important role in determining one’s lifestyle and future, and it is considered ideal to invest early.Therefore, investing wisely in your 20s Planning and executing a strategy is a great idea because it allows you to invest more money with less responsibility and get a decent return in the future. Helps you keep investing. This is another advantage.
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If you want to learn about Investing from scratch go to Investing Basics
- Learn the basics of personal finance
To invest, you need to know personal finance because it helps you manage your money effectively. Various concepts fall under the umbrella of personal finance, including money management, savings, investments, banking, budgeting, mortgages, investments, insurance, retirement planning, and tax planning. Before you start investing, you should have at least a basic knowledge of these concepts.
- Choose Your Investment Goals Carefully
Investing with your goals in mind is the best way to go. The goal is as simple as buying a car to build future wealth. It should be understood that goals should be divided into short-term, medium-term and long-term goals. Breaking down your goals and achieving them individually gives you a clear picture of how much you’re investing and how much you’re likely to get in return. - Follow the 50:30:20 Rule
A basic rule that all beginners should follow is the 50:30:20 Rule. According to this regulation, an investor must allocate his 50% of the funds to meet the requirements. - Diversify your investments
Investors in their 20s should always diversify their portfolios, investing in equity instruments as well as debt securities to balance them. This helps us adapt to market conditions. Investors should also try to keep investing for the long term in order to get good returns. - Review and Rebalancing
Given all of the above, young investors should continue to adapt to market conditions and rebalance and rebalance their portfolios to achieve the best returns. There may be scenarios in which investors change their investment goals. In that case, you should review your portfolio and rebalance it to meet your new goals.
Celebrities who passed away in 2023 (So Far)
The entertainment world has said goodbye to many personalities from the worlds of music, film and television in 2023. Scroll down to see all celebrities who have died so far in 2023, including Lisa Marie Presley, Jeff Beck, and more.
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Gangsta Boo
Rapper Gangsta Boo, formerly of the hip-hop group Three 6 Mafia, passed away on January 1, her representative said Variety. She was 43.
Adam Rich
Adam Rich passed away on January 7. He was a former child actor best known for playing the youngest child in the ABC comedy “Eight Is Enough.” He was 54.
Fred White
One of Earth Wind & Fire’s two drummers during the band’s most prosperous decade, 1974–1984, Fred White passed away on January 9 at the age of 67.
Jeff Beck
One of the most inventive and undoubtedly surprising guitar idols of the 1960s, Jeff Beck passed away on January 10. He was 78.
Ben Masters
Ben Masters, who portrayed Julian Crane in the daytime soap “Passions,” passed away on January 11 in Palm Springs, California, from COVID-19 after a protracted battle with dementia. He was 75.
Carole Cook
Carole Cook, a seasoned stage and screen performer who was Lucille Ball’s protege, passed away on January 11 in Beverly Hills, California, from heart failure. She was 98.
Robbie Bachman
Robbie Bachman, a co-founder and drummer for the hard-rocking Canadian band Bachman-Turner Overdrive in the 1970s, passed away on January 12 at the age of 69.
Lisa Marie Presley
Elvis Presley’s only child Lisa Marie Presley, whose turbulent existence also featured a music career, passed away on January 12 at a hospital in Los Angeles. 54 years old.
More On Business d’Or
United Kingdom & United Arab Emirates reach investment agreement to strengthen energy security.
The UK and UAE governments today confirmed their shared goals for clean energy investment and cooperation by signing the Clean Energy Memorandum of Understanding (MoU).
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The UK and UAE governments have signed a Memorandum of Understanding (MoU) which will help facilitate the sharing of technical knowledge, advice, skills and expertise, opening up new avenues for cooperation on energy and climate, while boosting jobs and investment in the UK.
The Clean Energy MoU, which today was signed by the UK Business and Energy Secretary Grant Shapps and the UAE Minister of Energy and Infrastructure, His Excellency Suhail Mohammed Al Mazrouei, during the Abu Dhabi Sustainability Week, will further reinforce the robust economic links between the 2 countries developed in the nations’ 2018 MoU on Cooperation in the Field of Energy.
The MoU has been expanded to encompass the full scope of bilateral co-operation, including the new low carbon super fuel hydrogen. This builds on ADNOC — the UAE’s largest energy company — taking a 25% stake in the design stage of BP’s blue hydrogen project, H2Teesside, last year. It also acknowledges the progress the UAE has made so far on climate action, their ambition for clean energy investment and their call for finding energy solutions with like-minded partners.
Business and Energy Secretary Grant Shapps said:
The UK is immensely proud of its longstanding relationship with the UAE. Today’s latest agreements provide further evidence that not only are we are strengthening our energy security and lowering bills for consumers in the long term, we’re unlocking huge opportunities for investment in British expertise and jobs in the process.
International cooperation on energy and climate with close partners like the UAE is vital and as they take centre stage as hosts of COP28 later this year, they will have our full support every step of the way.
Memorandum of Understanding:
The MoU represents a strengthening of collaboration between the UK and the UAE and follows hot on the heels of the Partnership for the Future (P4F), which was signed during His Highness President Sheikh Mohammed bin Zayed Al Nahyan’s visit to UK in September 2021 and provided a clear statement of our collective energy ambitions.
The P4F is complemented by the existing Sovereign Investment Partnership (SIP), agreed in March 2021 to serve as a coordinated investment framework to grow a future-focused relationship between the two nations, driving economic recovery, jobs and growth.
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Six Good Neighbor Clubs in Metro Atlanta received new technology as part of a special MLK Day of Service event that employees and volunteers concluded a two-day initiative with.
In Atlanta The Atlanta Hawks and State Farm teamed up for a special Innovation Expo and Technology Gifting event at the Bessie Branham Park and Recreation Center in Atlanta’s Kirkwood area to honour Dr. Martin Luther King Jr.’s legacy of ensuring educational resources for all.
With help from Hawks and State Farm volunteers, 50 students were ushered to various demonstration stations where they learned from IT professionals how various technologies are used. The stations included participating in a 3D printing station, drone station, STEM kit station, and a video editing and mirrorless camera station.
“Today, we proudly honor the life and legacy of Dr. Martin Luther King Jr. and celebrate his vision of providing service, education and resources for all,” said Hawks’ Vice President of Corporate Social Responsibility and Basketball Programs Jon Babul. “Together with our partners at State Farm, and through events like today’s Innovation Expo and Tech Gifting, we are committed to advancing Atlanta’s youth and providing safe spaces where they can learn and grow.”
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Joining on site to assist were members of Hawks Entertainment including Harry the Hawk, the Flight Crew and the ATL Hawks Dancers.
The event on Friday concluded a larger two-day community service initiative where members of the Hawks and State Farm provided six Good Neighbor Clubs with new technology to increase students’ interest in STEAM (science, technology, engineering, art and math).
“Dr. Martin Luther King Jr.’s influence and legacy continues to inspire us to serve our communities,” said Tanya James, Corporate Responsibility Manager at State Farm. I’m here. “We are honored to work with several State Farm employees and our community partner, the Atlanta Hawks, to honor him.
Hawks and State Farm executives worked with six goodneighbor clubs to determine each club’s technical and equipment needs.
The Clubs that were recipients included Bessie Branham Park and Recreation Center, Coan Park Recreation Center, Lynwood Park and Recreation Center, N.H. Scott Recreation Center, Ron Anderson Recreation Center, and William Walker Recreation Center.
Items requested included 3D printers, cameras, ceiling projectors, charging stations, drones, flat screen TVs, gaming consoles, laptops, STEM Kits, tablets and more.
“We would like to thank the Atlanta Hawks and State Farm for their generous gift of technology equipment for the Good Neighbor Clubs,” said City of Atlanta Department of Parks and Recreation Community Facility Manager, Andre Brown. “This tech gifting will help us better serve the community in a way that Dr. King elevated the mindset of a nation to bring forth educational resources for all.”
The Hawks and State Farm have led efforts in multiple community-focused initiatives to better serve Metro Atlanta.
In addition to today’s Innovation Expo and Technology Gifting at the Bessie Branham Park and Recreation Center, the Hawks and State Farm have previously teamed up to open seven other Good Neighbor Clubs in locations such as: William Walker Recreation Center in Atlanta, Lucky Shoals Park in Gwinnett, Lynwood Park in Brookhaven, Ron Anderson Recreation Center in Cobb County, Welcome All Park in South Fulton, Coan Park Recreation Center in Atlanta, and N.H. Scott Recreation Center in Decatur.
Unstructured data growth is the most prominent data trend for 2023.
Data storage, especially unstructured data, has kept businesses busy this year. What does this mean for next year’s data trends?
This has been an important year for data, especially as businesses collect more and more unstructured data. Let’s take a look at the top three trends that stood out in the past year and what awaits the world of data management in 2023.
