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PROPS AND CONS OF ONLINE INVESTING

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Although online investing does have some undeniable benefits, it comes with drawbacks, too. To see if online investing is right for you, here's a list of the pros and cons of online investing. PROS: Cost: Traditional brokerages charge, on average, about twice as much as online brokerages per transaction. Availability: Online brokerages never close, which allows individual investors constant access to their accounts. Convenience: Online investors can perform transactions anywhere with Internet access, while traditional brokers may require at least one visit. Service: With online brokers, individuals can set stop orders and other important triggers to kick in automatically, preventing potentially huge losses. CONS: Little support: Many online investors buy with little experience or knowledge of the stock market. Online investors don't have a professional to help talk them out of foolhardy decisions. Overbuying: Trading stocks online is fun and cheap, but frequent trading is not g

5 TOP PROVEN WAYS OF BECOMING A SUCCESSFUL INVESTOR

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 Become a Success in Simple Steps. Investing is a risk vs returns game. A wise investment involves best options that are good for an individual. An average investor uses his money and invests the rest, a good investor invests his money and uses the rest. While some have made millions, many have lost as well. Most investors don't agree on much, but they do agree that making money in the market comes with a steadfast strategy that is built around a set of rules. Investing can be fun. And the idea of growing your money substantially over time is enticing. But investing for long-term success will involve more than just picking a stock or mutual fund and letting it ride. If you don't have your own carefully crafted suite of investing rules, now is the time to do it and the best place to start is to ask the people who have had success in their investing careers. Walk with me and learn the key characteristics of a good investor to become one. #1. Have a plan Having a plan  will firs

6 SIMPLE BEST BUSINESS PRACTICES USED BY PROS

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 Best Business Practices Tips. Knowing the right thing to do when it comes to managing a business isn't always an easy task. A good manager plays a significant role in creating a positive and highly productive workplace. Your behavior and management can transform your team into a super productive unit and improve morale among your direct reports.  Stepping into a role as a business owner with employees is not as easy as it sounds. It is now your job to motivate employees to do their best, make tough decisions about day-to-day operations and guide the company to a successful future. It can feel like you need to be an expert in everything. Follow these 7 steps for business best practices and you'll be on the right track. #1. Engage your Employees Studies have found that 68% of employees are disengaged in their work. This means they don't care whether the company succeeds or if they gain the approval of senior leadership. These employees put a drain on the company and limit y

6 IDEAS FOR WHY YOUR BLOG IS NOT WORKING

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 Mistakes You Can Easily Avoid. Most of a blog's traffic is driven organically. In other words, consumers will search for something on a search engine and click on your blog if it matches their intended topic. Before I started blogging I had a totally wrong idea of how blogging worked. I just assumed that: you had to be rich and pretty, and once you open your blog, the floods of traffic and raving fans roll in. I first learned that no, you don't have to be rich and pretty to be a successful blogger . In fact you don't have to be anything at all! Here are the most common blog post mistakes. #1. You think of ideas that only interest you As much as you might read and re-read your blog posts after you publish them, you're not the only reader, or the intended reader. When you start blogging, ideas will come to you at random times, in the shower, on a run, while on phone. While the ideas come at random moments, the ideas themselves should never be random. Just because it'

THE BEST SELLING APPS IN KENYA

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  Most of the people this days tend to get the products either clothes, shoes, cooking utensils of the internet. The bad thing is they don't know which website to order from and hence they get to pay more. Here are the top five websites to get your order from. 1.  OLX This is an international company that can be accessed through the olx.co.ke in Kenya. Users can post their advertisements for items, goods and services. It is popular for buying and selling of house hold items, cars, electronics, jobs listings and services. Recently, it has be said to be the leading free advert listing website in Kenya with thousand of products listed weekly. Although there are no online transactions carried out through the platform, the company has made effort to top the list by ensuring that the website gets enough airplay on local media. The buyer and seller have to meet and trade physically. 2.   Pigiame Basically, the term describes the websites, Pigiame, meaning get in contact with me. Pigiame.c

HOW TO AVOID BUSINESS FAILURE

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Starting a business involves a lot of time, money and effort and failing—or even going bankrupt—is the last thing that any business owner would want to happen to their business. Consider the following points when it comes to preventing business failure: Supervise cash flow Avoid going into debt Create a solid business plan Maintain good customer service Learn from business competitors Supervise cash flow One of the most primary issues that business owners face when it comes to managing their business is the supervision of the business’ cash flow. If left unsupervised, expenses might shoot up and profits might lessen thus increasing the possibility for the business to go bankrupt. In order to mitigate business failure, business owners should strike a balance between shelling out cash for the business expenses and gaining business profit via sales. Business owners should also take time to focus on tasks such as accounting and bookkeeping to make sure that finances are in order, which is

TOP 6 BEST INVESTMENT OPPORTUNITIES IN KENYA

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 Ideas to Help the Youths in Kenya. For many people, the word " investing " conjures up images of men in suits, monitoring the exchange of millions of shillings on a stock ticket. Kenya is a land of endless opportunities for everyone. It is one of the rising economies in Africa, and many investors are already reaping big with their startups. As a youth you may be left out not knowing where to start.  Let's face it, we all need a role model everywhere, even in the financial world, but we hardly get anyone to share with us the best industry tips on investment opportunities. In this post I will be sharing with you, especially the youths, the best investment ideas in Kenya that are tailored for you. We will also take a look at the best investment strategies and the risk factors. Lets get started: #1. Stock exchange: The NSE Some of us already know what stocks are. Well, if you are new here, I will give you a little explanation for this. For a new company to get a considerable