The Cash Diaries

My experiments investing and copytrading

Category: Money (page 1 of 23)

How to buy cryptocurrency without any fees

One of the most annoying thing about investing in cryptocurrency are the fees.  Although the fees are nowhere as high as trading traditional stocks, they can still add up.  On most exchanges you pay a small fee every time you buy and sell a coin.

On Coinbase for example there is a 1.49% fee to both buy and sell bitcoin.  So if you wanted to make a profit, the price of Bitcoin would need to rise more than 3% before you take any profit.

But the good news is there is an option for investing in Cryptocurrency without having to pay any fees at all.

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Getting started with Acorns Investing

For the past two years I’ve been saving money using the Acorns micro-investing app.  In that time, i’ve saved a few thousand dollars but also seen a 28% return on my investment.    I’ve been blown away at how well it worked for me.  So if you’ve been looking at getting started micro-investing, then read on to find out how easy it is

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How to make some extra money before Christmas

Christmas is just around the corner!  This year has gone by so fast.

While the holidays are usually a joyous time, they can also be very expensive.  Travel, gifts, copious amounts of food!  All of it requires money.  I like to start thinking about these expenses around this time of year, so I’m not caught out.  And I use Christmas as a source of motivation to try and increase my income.  Remember the easiest way to save more, is to make more!

So here are some ideas on how you can generate a little extra cash before christmas:

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What is eToro and why should you use it

Have you heard about eToro yet?  Wanting to find out more about it?  I’ve been using eToro for the past few years and it’s one of my favorite trading platforms.  Read on to find out more about eToro and why I think it’s a great choice for trading and investing.

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Copy the Trades made by more experienced Traders

I think CopyTrading is a great way to invest and a great  way to earn a passive income.  I’ve put together a guide on you can copy the trades made my other traders and profit from these trades.

Maybe you’ve tried trading something like binary options and realised that you need more than luck to actually make real money from trading.  Or maybe you’ve tried a forex robot and realised that you need something that doesn’t just work for a 2 weeks before going horribly wrong.

Copytrading is where you automatically copy the trades made by a more experienced traders.  Whenever the trader makes a trade, your account will too.  It’s a great way trade stocks, forex, cryptocurrencies and more without needing to know about trading.

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The Easiest Ways to buy ETFs

ETFs or Exchange Traded Funds are a great way to invest in a diverse portfolio of underlying assets.  ETFs are made up a hundreds and sometimes thousands of underlying stocks and bonds.  This means you can invest in all of these assets with just one trade.

In this post I’m going to share the easiest ways to buy ETFs.

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eToro is launching a Cannabis CopyPortfolio

The medical marijuana market exploded in 2017 with record growth in the legal cannabis industry.  There was a massive 16 billion of economic output last year.  And it’s because of this growth that many investors are getting excited by the potential opportunities.

So if you’ve been looking for a new investment that has potential high returns and the lots of room for growth then this new CopyPortfolio from eToro could be for you.

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What is Copy Trading and How it Works

I’ve been copy trading for the past few years on eToro and I’m going to share with you my best tips for trading on etoro and how you can get started.

So keep reading to find out everything you ever wanted to know about this exciting investing technique and how it works:

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How to invest your Bitcoin

So you have a stack of Bitcoin.  You could just hodl it or you could try and turn it into even more Bitcoin.  The market at the moment is pretty flat with not much happening.  That makes it the perfect time to invest your Bitcoin and grow it into something larger.

In this post I’ve put together some different options for investing using Bitcoin and also some things you need to be aware of.
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How to invest in Stocks with just $100

You don’t need to be rich to start investing in stocks.  In fact you can actually get started with just a few dollars thanks to fractional shares.

In this post I’m going to share with you three completely different options for investing in stocks with just $100.  Remember everyone needs to start investing somewhere.  And the sooner you start the easiest it gets later on in life.

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