Skillset and Technology

  What are you buying when you buy shares in a company? | Morrisons is a pretty boring company, a local supermarket chain. No exciting tech in sight but I bought some stock as a recovery play after they were battered during Covid. The price was at a low and they pay a modest dividend so it was a fairly safe long term investment. This morning I wake up and learn that someone wants to buy the whole company at a 30% premium above the closing price on Friday. The board have declined the offer as being too low and there may be a counter offer or there may not. If there is a counter offer that the board consider as reasonable then all shareholders will be asked to vote if they want to accept it or not. So people who ask what you actually own when you buy shares in a company, the answer is that you own a tiny piece of the building, you own some stock on the shelves, you own a piece of the cash on the balance sheet and you have a right to some of the future earnings of the business. Altoge...

  Money DOES Grow On Trees Sitting here eating mangoes thinking that many years ago someone must have had the thought to plant a mango tree knowing full well that they will have to look after it for 5-8 years before it will bear fruit. They had the foresight that after their initial investment of time and money, mangoes will begin to grow and they will be able to sell them. The mature tree is now an asset and with ongoing care will provide mangoes for 40-50 years. In season it will grow value day and night, whether the owner is present or not. Each mango can be exchanged for money so the tree is effectively growing money on it. We all need the foresight of that orchard grower and plant trees that will grow money for many many years. The trees can either be real Fruit Trees or Startups, Businesses, Property, Digital Assets or anything else that, after initial effort and investment, can provide reoccurring revenue for many years. Once you have your first tree, grow an orchard. Happy ...

  Remarkable shift in the UK jobs market in recent months. Remarkable shift in the UK jobs market in recent months. A trainee butcher is being paid more than a trainee accountant at EY, PwC, Deloitte and KPMG. Lorry drivers are one of the most in demand skilled workers and there are half a million vacancies in the food and drink industry alone. Retailers should be concerned going in to the busiest quarter of the year. All of this will no doubt lead to inflation and wider problems

  Financial Hygiene & Health Financial health is a term given to one's overall financial wellbeing, security, and stability. Financial hygiene is the actions and habits that impact our overall financial health. Like personal hygiene, financial hygiene needs regular consideration, and maintaining good levels of hygiene can avoid many bigger and more serious issues. Think of financial hygiene as the equivalent of washing hands, sanitising, eating healthy, exercise, regular check-ups, and most importantly spotting issues very early on - all help towards good general health. No doubt there will be unforeseen issues but starting with good health gives us a better chance of survival and a quick recovery. There are no hard and fast rules to financial hygiene as it is more a mindset rather than a skill but here are some general steps one can take to continually improve our financial wellbeing. 1) Know where you stand The only way we can measure progress and know if we are making imp...

What does the term "Lifestyle Inflation" mean to you? Lifestyle inflation tends to become greater every time an individual gets a raise and can make it difficult to get out of debt, save for retirement, or meet other big picture financial goals. Lifestyle inflation is what causes people to get stuck in a cycle of living paycheck to paycheck where they have just enough money to pay the bills every month. Inflation, on one hand, is the general increase in prices and on the other hand decline in purchasing power as well. So I think lifestyle Inflation means the Increased cost of Living resulting in decreased buying capacity. (ability to afford). Lifestyle inflation means you are improving your lifestyle by progressing in your earnings but still not able to have any bank balance, net worth or savings , assets

  Why do most people introduce themselves as "Freelancers" when in reality they are Web Designers, Graphic Designers, Video Editors, Copy Writers, Programmers etc If you tell me you are a freelancer I still have no idea what you do, you could be anything from a logo designer to a brain surgeon. You have missed a chance to connect properly with me. Is it cool to introduce yourself as a freelancer as opposed to something like a graphic designer that happens to work freelance? Even social media profiles just list freelancer under work. Is it a label used by some to show they are doing something? Genuine question.

If you had $1000 spare, where would you use or invest it? Different People thaughts 1- Good stock or property. However, for quite a while I have reviewed cow and hen business as well. But still, I would prefer to add a good stock. 2- One of the mistakes I’ve made over my entrepreneurial journey is barely taking any profit. I reinvest most of what I make and if that investment goes sideways or is stuck for some time, it takes a toll on my mental health. So everything else being as is, I’d spend those 1000 dollars on the pleasures that I’ve been denying myself until after I’ve ‘made it.’ So probably, a few PlayStation games, a few fine-dining experiences, some cigars, and a trip up north that I’ve been putting off for years. 3- A percentage in sadaqah is a must, then I would invest in the amazon wholesale business, the skill I learned and have experience with but couldn't start my own wholesale business due to lack of investment.