Get started

Investment

The 7 Levels of Financial Freedom Hey traders, In this article, we will discuss the ladder of financial independence. Level 1 - Solvency You cover your debts and living expenses with your income. Being solvent is considered to be shaky states. Once you stop earning for any sake of a reason, you immediately become in debt. Level 2 - Stability Besides being able to cover your living expenses and debts, you also have an emergency savings. The emergency savings usually cover 1-2 months of your basic expenses, making your state more sustainable. Level 3 - Debt Freedom You are free of debts and that lets you start investing and save even more. It is the transitional level in our ladder from unstable to a secure state. Level 4 - Security Your investments cover your basics expenses. While you keep earning, the money that you invested start bringing more money fortifying your state. Level 5 - Flexibility While your investments are still not sufficient to cover all your costs of living, it fully compensates 1-year costs of your basic expenses. Level 6 - Independence Your investments cover all your living costs, letting you live wherever you want and spend on luxuries. Level 7 - Abundance Money is no more a concern to you. You have more than you and your children will even need. The understanding of the level where you are is crucially important for building your investment strategy. Keep working and learning to constantly climb the stairs and grow your wealth. ❤️If you have any questions, please, ask me in the comment section. Please, support my work with like, thank you!❤️
Education
by VasilyTrader
6
BNP Paribas (BNP.pa) bullish scenario:The technical figure Triangle can be found in the daily chart in the French company BNP Paribas S.A. (BNP.pa). BNP Paribas is a French international banking group. With 190,000 employees as of February 2021, the bank is organized into three major business areas: Commercial, Personal Banking & Services (CPBS), Investment & Protection Services (IPS) and Corporate & Institutional Banking (CIB). BNP Paribas is the largest banking group in Europe, after HSBC, and ninth largest Banking group in the world. The Triangle broke through the resistance line on 04/11/2022. If the price holds above this level, you can have a possible bullish price movement with a forecast for the next 37 days towards 52.65 EUR. Your stop-loss order, according to experts, should be placed at 41.53 EUR if you decide to enter this position. BNP Paribas SA joined European peers in getting a lift from rising interest rates, with higher income from lending and debt trading propelling earnings past analysts’ estimates.Net interest income at the Paris-based bank rose 9.6% from a year ago, and fixed-income trading jumped 25%, just ahead of the average for the biggest Wall Street firms. Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
EURONEXT:BNPLong
by legacyFXofficial