Acha Etiendem

 Hi and welcome! As I begin writing, a part of my brain is trying to figure out how to caption this piece. Well, I will just go on and write what I have in mind and hopefully, the caption will spring up along the way.  I talked about personal finance a while back because I realized how important it is to every person. I didn't just only read up about personal finance but actually got into finance itself. And as a complete newbie to the field, I must say it has been a heck of a ride. Not only have I learned how to manage my money and grow it, but I have also learned how nations and governments create, acquire, spend, and waste money haha! It is fascinating, overwhelming, and saddening at the same time.  Wow! I now have a caption. Let's continue with why I think the way I think about the world of finance. I came across a video on Youtube where a girl was explaining why there's so much wealth disparity in the world. She alerted to the fact that a country like the United Stat...

Hello folks! after meditating last night, I was asking myself why more effort is not put into people finding what their gifts are in life and decided to ask CHATGPT (https://chat.openai.com/chat) what it knew about the subject and here it is. You can go ask Chatgpt or read on to find out what it told me. How can one find his gift? when he doesn't know how to even identify his gift? Finding one's gift or talent can be a challenging process, but it is definitely possible with some self-reflection and exploration. Here are some steps that you can take to help identify your gift:  Explore your interests: Think about what activities or subjects you enjoy and feel passionate about. Write them down and try to find common themes or patterns.  Try new things: Be open to trying new activities or experiences. This can help you discover new interests and talents.  Reflect on your strengths: Think about what you excel at and what comes naturally to you. Consider what skills and abilit...

It is the first weekend of 2023. I hope you are holding up well with your new year's resolutions. I will keep this simple and short like I always do. That being said, let us dive into the meat of the matter at hand. Friday the 6th of January 2022 saw the release of the Nonfarm Payrolls (NFP) data for December 2022 by the Bureau of Labour Statistics in the United States of America (USA/US). This NFP data is basically the amount of non-agricultural jobs created per month in the US.  EURUSD 1H : 6/01/2023 I'm here to make a case for currency speculators who insist on understanding the economics behind financial markets. That is to say, NFP releases usually inject a lot of movement into markets as you can see from the large hourly candles after it was released at 8:30 am New York local time. It is important to note that this release is always accompanied by other releases such as average hourly earnings as seen below.  Some retail speculators have a religion of expecting the US do...

"And I realized that the conventional world system was designed to offer me comfort in form of security but hidden behind it was a mandatory cost; my time and my freedom". (Acha Etiendem) 2022 is taking its last breath before it vanishes into the history books.  I hope and wish that you achieved some or all of your goals and if not, don't feel down but challenge yourself and go again for you are lucky enough to still be breathing. Remember! as long as you breathe, there's hope. I understand you may be reading this feeling down as the year draws to a close but I tell you to cheer up for you just paid life tuition with your failure(s)  and as long as you keep trying and being persistent, life will eventually offer you what you're striving for, it is inevitable. How do I know this? you might be asking but I learned from two of the greatest books ever written (The Bible and Think and Grow Rich by Napoleon Hill).  Ok! I was thinking to myself and self-reflecting on my ...

Hello reader! I hope whatever reason brought you here leaves you filling satisfied. I'll keep this short and straight to the point as usual.  I talked before about inflation and with the benefit of the doubt, I'll define it again. Inflation is defined in economics as a general increase in prices and a fall in money's purchasing value. To make it, even more, simpler, let me recount an incident that explains this. Five months ago, a 5kg bag of rice cost me about $11 but today, it costs me $13. This is a significant increment that clearly explains inflation. A difference of $2 might not mean a lot but put this in context and you'll realize that basically, the price of almost all goods and services increased. And if you had to buy a lot of stuff or more bags of rice, not only is the price in front of you high but the money you have in your bank's saving account has also gone down in value.   https://cdn.pixabay.com/photo/2015/10/31/08/50/coins-1015125_960_720.jpg Why am...

Hello and welcome. It has been a while since I last posted here. I definitely need to up my consistency at this posting game. I have felt reluctant to post because somehow Google denied my request for an AdSense license perhaps citing that I may have had content that sought to condone, downplay or profit from the Ukraine crisis. I have nothing to say or defend as I disagree with them. Keeping that aside, I just thought I share a little bit about personal finance with some of my consistent readers. I always share my thoughts in the hope that they can benefit someone or that someone might engage me in meaningful dialogue.  The author has no legal right to this image. Contact for credit/removal According to Investopedia: Personal finance is a term that covers managing your money as well as saving and investing. It encompasses budgeting, banking, insurance, mortgages, investments, and retirement, tax, and estate planning. The term often refers to the entire industry that provides finan...

Hi there! and welcome to this episode where, I will like to keep my promise and share my thoughts on Russia's invasion of Ukraine and as always, keep it short and straight to the point. And don't forget the civil war in Anglophone Cameroon and other wars the media has been biased with its coverage. My sincere condolences and sympathy to the innocent Ukrainian lives being lost and it is my wish that this war ends as soon as possible. To begin, no sovereign state should have its territorial integrity trampled upon and abused. What I mean is Russia has gone too far with this step. But how far is far? if you did not know, Russia in the last two decades has invaded Georgia in 2008  Ten Years Ago, Russia Invaded Georgia (voa.gov) , Ukraine in 2014 (when it annexed Crimea) Russia officially annexes Crimea away from Ukraine with signature from Vladimir Putin - CBS News , and presently 2022. Did you ever ask yourself why another country invades another? or perhaps why such a thing shoul...