To celebrate the start of 2020, I am delighted to announce that eToro has partnered with us to offer readers and followers of Dailypik $50 cash reward for everyone who signed up.
You are Eligible If…
From today, January 16 to February 5, all old and new readers of Dailypik who have eToro accounts but have not made their first deposits yet, will be eligible for a $50 cash reward when you fund and verify your account with eToro.
There’s no catch. That’s all there is to it. 🙂
Don’t Have eToro Account Yet?
No worries, just sign up HERE and receive your $50 cash reward.
This Offer is Available to the Following Countries:
The promotion is available for Malaysia, Singapore, Thailand, Philippines, Vietnam, Indonesia, Cambodia, East Timor, India, Laos, Macau, Taiwan, Mainland China, and Australia readers only.
Invest and Grow Your Free $50
Now what can you do with the $50? Simple! You can invest in 1 stock right away with the $50, or you can add it to your initial deposit and copy me, @Tradecatalog with it to kick start your investing journey this 2020.
Investing and Trading Guides:
- How to Invest Facebook, Google, Apple Stocks in the Philippines
- My Effective Strategy Investing on eToro
- Top 5 Reasons Why You Should Invest Microsoft Stocks
- How to Copy Trade on eToro – Complete Guide
Chinese New Year – What the Year of the Rat Has for Us?
While most of us in the Philippines were jumping high to hopefully get a bit taller last January 1, most of the Chinese around the world were patiently waiting a little later. Now, the Lunar New Year or Chinese New Year is fast upon us.
One of the best things about being multicultural is that the New Year celebration doesn’t just end on January 1. According to our calendar, January 25 is the beginning of the Chinese New Year – also known as “Spring Festival” – the longest and most important celebration for Chinese families around the world. This year is the start of another new 12-year cycle and that means, it’s the year of the rat. As the first year of the 12-year cycle, the Year of the Rat is also expected to set the pace, template and direction of the next 12 years with its intelligence, agility, and quick-thinking.
So what can the Chinese New Year and the Rat teach us about finance?
Strive for agility
The cost of living continues to increase and it is getting harder to stick to a strict budget. That doesn’t mean we shouldn’t try, though. Start off easy, but stop going bananas on items that you could do without, such as premium data or the fanciest tech gadgets. Data bills vary depending on provider and services; but most bills run close to a thousand pesos a month. If you have the internet at home, and are in the office most days, do you really need so much data?
Try This: Be agile! Without as much subscription and monthly responsibilities, you can easily move your money between different places. This will allow you to discover ways to save and invest for your future. For example, redirect your “found” money to investments, or emergency funds.
Leave your ego at the door
Since the rat is very social, some social situations might work against it, causing him to try and be a people pleaser and reckless with his money. These negative characteristics may cost a person his financial success. There is no harm in skipping on a few outings. Ego often clouds judgment and choices, leaving a person with a less than ideal outcome.
Try This: Try having a potluck! It’s a fun way to get together with friends and allows you to sample different types of foods too.
Get a headstart
Start looking into ways of growing your money. Even if you have little capital, you can start even by learning where and how to invest your money so that it sets you up for your future. Remember, compounding is the name of the game in finance, and the earlier you start, the more time your money can grow.