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100 Challenge Investing

Starting the £100/mo investment challenge

I’m doing something a little different. I was browsing around YouTube, as one does, and came across plenty of media surrounding the earnings these content creators have been able to pour into portfolios, thanks to ad revenue. It’s not relatable for the individual investor, which is why I want to showcase the power of the stock market with a small challenge.

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Dividends Investing

Don’t focus solely on dividends

Dividends are all the rage right now as investors look for more stable strategies that pay regular returns. These small payments are fantastic for stable portfolios that are diverse and include a healthy mix of growth and storage stocks. Focusing on high dividend yields alone won’t be a guaranteed recipe for success and you should consider adjusting the course.

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Dividends Investing

What is a dividend?

You may have seen the term “dividend” thrown around when looking at stocks to invest your hard-earned cash into. But what exactly is a dividend? Without going into too much detail, it’s a payment (in the form of cash or shares) from some of the earnings to shareholders, as declared by the board of directors.

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Investing

What are GBX and GBP?

The UK currency is the British pound sterling. This is abbreviated by GBP throughout the financial world, but you may come across another term, GBX. The latter is actually used more frequently with listed companies on the London Stock Exchange, but what exactly is it?

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Investing

Don’t fall for scam portfolio trackers

I was searching around to look at the competition for my investment tracking spreadsheet, seeing what I could add to further enhance the feature list, and I noticed something awful. I discovered a few spreadsheets that are outright scams. And I’m not just talking about those that steal other people’s work and lock it behind a paywall, I mean there are even some that state they will have access to your investment tracking spreadsheet. What?!

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Investing

What is a stock?

Stock is essentially a security that indicates the ownership of a company. Also known as equity, holding shares of a stock enables the owner access to assets, profits, and votes equal to how much of a stock is held. The more stock a party holds of a company, the more they’re entitled to.

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Investing

How to invest during a market crash

The markets are turning red. You’ve enjoyed countless months of safe passage into the lands of green gains, but now your portfolio is starting to slide. What do you do? Sell everything and hope that the markets will recover within the next few years? Not at all! Here’s what you need to do when the markets inevitably crash.

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Dividends Investing

My Dividend Tracker vs. Digrin

There are a few tools out there that allow you to manage and track your investment portfolio as well as earned dividends. My dividend tracker spreadsheet is but one example, using Google Sheets. But not everyone wants a spreadsheet to keep tabs on their investments, which is where a service like Digrin comes into play. I’m going to compare my tracker to Digrin.

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Personal Finance

How is cryptocurrency taxed?

Did you know the UK Government charges tax on cryptocurrencies? Just because these assets are considered “decentralized,” it doesn’t mean you can avoid the taxman. Whether you’re buying and selling crypto assets or mining Ethereum (ETH) on your gaming PC for passive income, you’re going to need to declare profits.

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Dividends Investing

Dividend Tracker 0.97 update: Cryptocurrency

Cryptocurrencies may be a joke to you, but there’s no escaping the fact millions of people are actively trading digital currencies and even governments are starting to take note. If you’re accumulating some Bitcoin or are using digital currencies to store some wealth, I’ve added the ability to track cryptocurrencies in the Dividend Tracker.