The American Real Estate Market is a Little Slow Right Now

Any business has its ups and downs. All businesses do not produce profits all the time. There are times when they face economic problems, may be due to emergence of new competitors or lack of technology improvement of their products and services. The same goes with the real estate business. There is always a good time and bad time to sell properties. In times of economic crisis, all businesses have slowed down and American market is no different. The American real estate market is a little slow right now but at least, it is moving forward.

It is hard to determine when really is the best time to invest in real estate especially if you do not have the knowledge in real estate business. If you are considering investing into the real estate business, you may want to consider some tips which could help you even in a slow market.

One way to make a good investment in real estate is by purchasing a foreclosed home. An auctioned home can be acquired at a very low price and you may just need to do some minor repairs and you will be able to sell them at much higher price. You just need to do some researching to find homes which are on the brink of getting foreclosed. Once it is schedule for auction, you may participate in the bidding. The highest bidder wins the right to own the foreclosed home.

The cost of a foreclosed home is very low as compared to its actual market value. Even if you make some renovations on it and sell it afterward, you may still sell it way below the actual market price and still gain profits from it. Who wouldn’t want that? Just a little diligence and patience in finding the right home to purchase can do give great rewards.

A better way to gain profit in real estate is that instead of reselling the foreclosed home, you just need to renovate it to make in a better condition, and then advertise it for rent. If you rent out the foreclosed home, you still keep its ownership and just get the payment for your mortgage from the rent. When the mortgage has been settled, you will not just keep the house as your investment but you will still earn from the rent. However, this will take a little more time to recover your initial investment for it takes some time to finish paying the mortgage. Even so, this is still a good investment especially if you are not in a hurry to gain back your initial investment. This is actually more satisfying than the first option whether the market is slow or not.

Actually, the best time to invest in real estate is when the market is down or slow. It is because during this time, there are lots of houses which are for sale and you have the chance to make a bargain with their prices. Everyone wants and needs to sell but there are just few buyers. The American real estate market is a little slow right now but now is the best time to make an investment and make profits.

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Term Life Insurance – Everything That You Need to Know to Get the Best Policy for Your Needs

If you have a spouse, children or both and their current and future standard of living is dependent on the money that you bring home every month, then Term Life Insurance is the best financial purchase that you will ever make! For just a few cents per day you can guarantee that if something unforeseen happens to you, they will not have their future will assured.The Purpose of Term Life Insurance Nothing can be any simpler than Term Life Insurance. In exchange for a set premium the insurance company promises to pay your beneficiary (the person designated to receive the proceeds) the full amount of your policy.This type of insurance policy does not build any cash value. You simply decide how long you want the coverage to last and pay the specified premium. The longer the length of coverage the higher the premium.Here is an example for a $100,000 policy for a 35-year-old male non-smoker: A ten-year term policy is $7 monthly, A twenty-year term policy is $9 monthly and a thirty-year term policy is $13 monthlyHere is an example for a $100,000 policy for a 50-year-old male non-smoker:A ten-year term policy is $14 monthly, A twenty-year term policy is $21 monthly and a thirty-year term policy is $36 monthlyHow Long Do You Need Life Insurance For?Most people will need coverage for longer than they may think. Consider these reasons for buying life insurance and the appropriate time frams:You have young children and you want to guarantee that in the event of your premature death (isn’t all death premature?) their college is paid for. In this case either a 25 or 30-year term policy would be best.You have a mortgage on your home and it currently requires your income as well as that of your spouse to make ends meet. Since most mortgages are of the thirty-year variety, I would look for a 30-year term policy.You and your spouse are age 50 and empty nesters but it requires both incomes to maintain your standard of income, including saving for retirement. In this case a twenty or thirty-year term policy is ideal.Buy the Least Expensive Policy That You Can!Regardless of the insurance company a $100,000 twenty-year term policy will pay $100,000 in the event of death. Since you do not build any cash values it doesn’t matter what company you choose to buy from. The one caveat is that you only want to buy from an insurance company that is rated “A” or better by A.M. Best. These are the companies with the strongest financials. On my website you can shop the rates of the best life insurance companies in the United States.Shopping is critical because but rates will vary significantly from one company to the next. Rates for $250,000 Thirty-Year Term policy for a 40-year-old female non-smoker with no physical exam can have monthly premiums as low as $24 with the least expensive insurance company to as high as $36 monthly to the most expensive insurance company. In all cases the death benefit is identical. My suggestion is to buy the least expensive plan!If You Are Healthy – Change Plans and Save Money!Rates on term life insurance have been steadily decreasing over the last thirty years. Just because you purchased a twenty-year policy five years ago does not mean that you cannot save money or extend your coverage for the same premium by switching companies. Unlike cash-value life insurance you have nothing to lose by changing plans. But you may have a lot of money to lose by not switching. And in today’s economic world we must make our dollars work harder for us!48% Of Americans Die Without Leaving Life Insurance BenefitsWhile the fact that 40% of Americans dies without leaving any life insurance benefits is shocking, another 21% of Americans reported that a loved one died and did not leave enough life insurance. These statistics beg the question: why would an income earning spouse or parent not buy life insurance to protect their dependent’s futures?One study found that many people put off buying life insurance because they found all very confusing. To those people I have some very good news! Term insurance is simple. You simply choose the number of years that you want coverage, get some rates and then choose the least expensive policy.Another reason that many people do not buy life insurance is because they do not want to deal with an insurance agent. These individuals see insurance agents as little more than salespeople and no one wants to be sold. There is very good news on this front as well. As a result of advances in technology there are websites like mine where you can get a quote and enroll without ever talking with an insurance agent, unless of course you want to!Term Life Insurance Has Never Been CheaperA 35-year-old make non-smoker can get $100,000 of twenty-year term life insurance for $9 a month. This same individual can leave his family the same $250,000 twenty-year term life insurance for only $4 a month more.So don’t put off protecting your family’s financial future.

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Learning Some Financial Terms

Managed Funds

Managed Funds or Mutual Funds as they are also called is an excellent way for ordinary people to get involved in the sharemarket. When you invest your money into a particular fund you are combining your money with other investors who would not otherwise have been able to afford to invest directly in the sharemarket. There are fees with these funds which pay for the services of the fund manager.


This is when you spread your money around in order to minimize risk rather than placing too many eggs in a few baskets. During the 2008 GFC there were stories of investors who lost their entire life savings when a financial company went under. These people invested all of their money in the one company instead of spreading their money around different assets and types of investments which is known as diversification.


Volatility refers to the up and down movement of the markets; it is also applicable to investing in gold and crypto currency..

Experienced investors know that the markets can be volatile during periods of uncertainty. Investors need to develop the correct mindset during these times because the markets will take even the most savvy investor on a roller coaster ride.


This relates to how much risk you are willing to accept before you start to get nervous with your investments. It is easy to be an investor in growth funds when the markets are rising but as experienced investors know, the sharemarket is volatile, therefore you have to invest according to the amount of volatility you are able to tolerate.


Averaging is that strategy where you purchase a small batch of shares regularly in stead of in one lump sum. This is possible with internet trading apps. The advantage is that with share values going up and down you at least have bought some shares at the lower price. The find the average amount you paid for the share, add up the total amount paid for the share and divide that figure by the total number of transactions. This will give you the average amount per share. Averaging can also be used in the purchase of Bitcoin.


A dividend is paid out by the companies to shareholders. The dividend comes out of the profits by the company. Many investors like to reinvest any monies they receive from dividends; others prefer to receive it as income. It all depends on whether one invests for income or long-term capital gains.


An asset is something which produces an income for you. Examples of an asset are interest bearing accounts, shares, mutual/managed funds, property, etc


A liability is something which costs you money. If you are paying something off it is a liability. Items purchased on HP, a credit card, or finance company are all liabilities because they are costing you money. Astute money-managers have few liabilities because they know that the interest payable on borrowed money is “dead money” because they are not receiving anything tangible for their money.


Captain-gains is the increase in value of an investment whether it is shares, mutual/managed funds, property, gold, or crypto-currency.

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Get Started In Investing With No Money

There is literally money everywhere. When it comes to investing, sometimes we don’t know where to start. There are plenty of investments to choose from, however, choosing the best one is not easy. And what do you do if you feel like you have little to no money to start with?

First, let’s talk about the different apps available to get started! Did you know you can get started with as little as no money? I downloaded this app, and it gave me $7 in free stocks. I chose Tesla, so, I started out with $7 in Tesla. Then, I shared that app with friends like you, and in less than a week, I have $183.87 in Apple, Tesla, Amazon, Beyond Meat, Peloton, and a bunch more! I LOVE IT! And I didn’t put any money down.

There’s another app that I earn rewards back in stocks just by using it to pay my bills. There are really so many options with investing! Even apps you can mine bitcoin with, all for free! I’ll share them with you at the bottom of this article.

So, let’s talk about the importance of COMPOUNDING interest!

A very good place to start is with compounding returns. These are your earnings after you have invested and then withdrawals after you are old or retired and no longer dependent on the market. With compounding, you are able to build your nest egg incrementally.

There could be several reasons why you want to make compounding returns. The primary reason is that this investment technique enables one to build the nest egg incrementally. This means that instead of taking the whole amount from the market at retirement, you can make 10% returns over time to make your nest egg. This will provide you with more money when you need it most, and will enable you to live off of it. That’s really the idea behind compounding. You would be able to live off of your nest egg when you do no longer need the money for yourself but you will be able to keep building your nest egg.

One other important reason to focus on compounding is that you will get a greater percentage of your money at initial deposit. It is important to start with a substantial sum of money to start with. Once you have made good returns, you can build on it and keep adding as your nest egg grows, and also you won’t lose your nest egg if you are not a diligent depositor.

It is a shame that many people do not get started right when they do not know what they are doing. This happens when people are not able to take a big step forward when they are just starting. They tend to get sidetracked and do not continue to invest in the right direction. By starting small, you will be able to build up your knowledge. This will help in taking the big leaps forward.

There are ways to make compounded returns. One of them is by buying the call options. These are the right that you are able to sell at a given price. You will get an immediate return on your initial deposit. You can also compound your returns over time by doing this method.

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Financial Planning – A Guide to Allocate Your Investments

Financial Planning is an important aspect in human life as it helps individuals set & achieve their long-term financial goals, through investments, tax planning, asset allocation, risk management & retirement planning. It means maximizing one’s wealth by investing in different asset classes, so as to capitalize on their unique risks, rewards & liquidity attributes. It is therefore, becomes necessary for an investor to identify their financial needs & goals, understand their investment choices & decide an appropriate mix of various investment choices. Financial planning is generally recommended to start early as possible as when a person starts earning, so that he/she can benefit from the compounding by the time they reach their retirement stage. Compounding means the computation of interest paid using the principal plus the previously earned interest. Each investor has different goals in life & in order to achieve that goal in a systematic & planned way, financial planning is necessary & for financial planning to make successful in the long -run, an investor should understand their available finances in different forms & how he/she can best utilize the available resources (finances) to achieve greater returns & within a time frame set by them.
Hence, in clear terms, financial planning can be defined as an exercise aimed at identifying all the financial needs of an individual, translating the needs into monetarily measurable goals at different times in the future, & planning the financial investments that will allow the individual to provide for & satisfy his/her future financial needs & achieve his/her life’s goals. The objective of financial planning is to ensure that the right amount of money is available in the right hands at the right point in the future to achieve an individual’s financial goals.
Financial Goals can be either:
 Buying a Home

 Providing for a child’s education & marriage or

 For retirement

These can be measured in monetary terms.
Personal financial needs are of two types – protection and investment. An
earning member providing for his family to have continued income after his
death is an example of protection need. Providing for the marriage expenses
of a daughter is an example of an Investment need.
Hence, Financial planner helps the customer to maximize his/her existing
financial resources by utilizing financial tools to achieve his/her financial goals.

Therefore, mathematically we can say:
Financial Planning: FR + FT = FG
FR = Financial Resources
FT = Financial Tools
FG = Financial Growth

About Financial Planner

A Financial Planner is someone who uses the financial planning process to
help another person determine how to meet his or her life goals. The key
function of a financial planner is to identify their financial planning needs,
their present priorities & the products that are more suitable to meet their
The financial planner normally possesses detailed knowledge of a wide range
of financial planning tools & products, but the planner’s major role is to help
clients choose the best products for each need.
The planner can take a ” big picture ” view of a client’s financial situation &
make financial planning recommendations that are right for the client.

The planner can look at all of client’s needs including budgeting & saving,
taxes. Investments, insurance & retirement planning or the planner may work
with his client on a single financial issue but within the context of his overall
situation. Therefore, planner is set apart from other financial advisors, like
tax advisors & insurance agents, who may have been trained to focus on a
particular area of a person’s financial life.
Basis for financial planning
Financial planners generally pursue “The Life Cycle Stage” for making a well-defined financial plan for their clients. As the need for each stage of life-cycle is different, thereby financial planner has to cautiously devise a well-suited financial plan for their clients so that they can meet their objectives successfully within a given level of time frame & resources. However, priorities will change as people grow older & their personal circumstances change.

The life-cycle of any individual can be typically sub-divided into the following stages:
 Childhood Stage
 Young Unmarried Stage
 Young Married Stage
 Young Married with Children Stage
 Married with older Children Stage
 Post-family/Pre-retirement Stage
 Retirement Stage

Steps to derive maximum benefits from a financial plan:
In order to derive maximum benefits from a financial plan, retail Investors should take the following steps into consideration:
1. They should know their goals properly & with a clear insight to achieve them.
2. They should have a clear estimate of the time frame from their own personal experiences & observations to achieve their goal.
3. They should not rely solely on what financial advisors, news reports says, but should do a thorough research of their own about the nature & potential of stocks’ generating returns that a particular scheme invests in.
4. They should not be drawn by emotional sentiments of the market.
5. They should not time the market for entry or exit. General rule says the best way to enter the market is during bearish phase.
6. They should try to analyze their risk-taking appetite while going for investments. If, facing problem, they can also take help from financial experts.
7. They should timely review their portfolio as & when market fluctuates or at the time of inflation.
8. They should be well-versed about financial statements of those companies time-to-time whose stocks they are preferring.
9. They should have a sufficient back-up of their additional financial resources at the time of losses, in case, if it happens.
10. They should diversify their holdings even through mutual funds as much as they can in order to minimize the risk.

Author Biodata: Shefali Sinha is an avid financial writer who helps readers take informed financial decisions through her several self-written articles and blogs. She has more than 8 years of experience in academics and content curator so far.

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The Basics of Saving Money

Saving money can be fairly simple if you have enough knowledge of its basics. Because spending money relies entirely on our ability to manage it, it is essential to maintain strength of will and create good money-saving habits.

Whether you are trying to save for the down payment on your first house or saving for your child’s college tuition, you can reach your goals by following our best frugal living tips.

We are providing these frugal living tips for people on a tight budget to show you ways to save money on everyday expenses which can add up to big savings over time.

Frugal living is really being purposeful with your money and not wasting it on things that don’t matter. Being frugal doesn’t mean that you are being cheap.

Following a frugal lifestyle means that you take time to research and find the best price on the item that you need to buy.

Self-Control: Saving money is all about controlling your impulses to spend less than what you earn. Impulse buying is one of the main sources of financial failure, along with credit card debt and supporting a bad habit.

Exercise your self-control regularly to develop money-saving behavior that you can carry throughout the years. Creating good financial management habits is essential to your future financial success, and to the building of your savings.

Patience: Patience is the opposite of impulsiveness. This virtue will not only save you money, it will help you make better decisions and evaluate your investments more thoroughly. When it comes to buying anything (except maybe stocks), patience is key.

If there is something that you want to buy, put it in your 30-day list and don’t buy it until 30 days have elapsed. With this method, many impulse buys are prevented, and you reduce the amount of expenses you have. This increases the amount of money you are able to save.

Spending Less than You Earn: In order to save any money at all, it is vital that you always spend less than what you earn. Follow this one rule and you are on the road to saving money – it’s that easy. Even if you are not saving very much at the beginning, establishing good money-saving habits is a great place to start.

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Investing in the Stock Market on a Shoestring

Investing in the share market has never been as easy as it is today thanks to share market platforms where mum and dad investors can invest as little as $10 at a time. Compare that to investing through a share broker where fees make this uneconomic unless you are able to invest a few thousand dollars at a time. Problem with this is that unless one had tens of thousands of dollars to invest then diversification where money is invested in a variety of companies is out of the question.

The solution to this is mutual funds, often called managed funds where your money is pooled with those of other investors. The fund manager invests on your behalf. The advantage of this for the ordinary man and woman is that the fund manager who has experience in the financial markets is working on your behalf for a minimal fee.

Your money is invested in a variety of companies and industries in order to minimize risk. Wealth, and Invest Now

Sharesies is a popular trading platform in New Zealand but is certainly not the only one; Hatch, Kernel, and Invest Now are others. In the US, Robin Hood is a popular trading platform.

There are so many benefits of getting involved in the share market in this way with the main one being that it improves the financial literacy of participants. It is all very well just reading books of a financial nature but knowledge comes from action otherwise what you may have learned on paper is just information.

There are several strategies you can use to drip feed money into the markets using online platforms.

I will tell you what I do. I focus on one particular company per year and invest money in this same company regularly, usually every two weeks. That way I will purchase shares at the lower price when the shares are down. If an investor just simply bought shares in one company with just one lump sum then there is the possibility that the share price was high which means it will have to rise further to maintain the value of the investment when inflation and fees are taken into account.

The share I have been buying this year is Spark, a New Zealand phone company. Last year it was Genesis Energy. I have not yet decided which company I will go to next year.

If you are prepared to invest more money you can choose more than one company. So long as you invest regularly you will take advantage of the low points in the market.

If you so wish you can just invest in managed funds. Sharesies has a range of options for this with varying degrees of risk. The golden rule is the higher the return the higher the risk. An astute investor will take this into account when deciding what to invest in.

The basic rules of investing still need to be adhered to such as not placing all of your eggs in the one basket and investing according to your goals. If you require the money in the short-term then investing in growth stocks which are high return but with higher risk is not a suitable investment because chances are that the stock price will be down at the time when you need the money.

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Basic Differences Between Investment Options!

After, spending, decades in the financial services industry, and, over four decades, in leadership, consulting, personal development, and other areas, related to planning, as well as, over 15 years, as a Real Estate Licensed Salesperson, in the State of New York, I have come to, believe, strongly, a large percentage of Americans, seem to lack, a proficiency, and/ or, basic knowledge, and understanding, of, even, the most – basis, investment concepts! Although, most of these people, seem to believe, they do understand, when, you hear, people, holding income – oriented, investments, questioning growth, and/ or, vice versa, one realizes, it may be helpful, to introduce, some sort of basic – primer, to enhance, knowledge and understanding, in these types of matters. With, that in mind, this article will attempt to, briefly, consider, examine, review, and discuss, some of these basic differences, and hopefully, help people, make wiser choices, for their specific circumstances, etc.

1. Stocks: There are a variety of different types of stock, which usually, fall – into, 2 overall, basic classifications/ categories, either, preferred, or common! One of the key differences is, common stock ownership, grants someone, more participation, in terms of voting, and/ or, decision – making, it, also, carries more risk! Generally, preferred types, have less fluctuation, and grant/ distribute, higher dividends, etc. In addition, some companies, are considered, large – caps, versus, others, which are, small, or medium caps! This has to do, with the total amount of capitalization, and/ or, value, these stocks, maintain, etc! One should also consider, the sector, of a particular corporation, or basic industry. Times change, and, some industries, perform better, than others, after these changes! Some of these investments, are considered, safer, while others, more speculative! Perhaps, the key to understand, is, a stock represents ownership, and shares, either risk, or greater success!

2. Bonds: Unlike owning a stock, bonds represent, debt obligations, of, either, a corporation, and/ or, government entity (municipal/ local; Federal). It is often, defined, as representing, a debt obligation, backed by, either, the full faith, etc, of the backing – entity, and/ or, by a specific revenue flow! Obviously, the former type, are, usually, safer and more secure, while the latter, may pay, a greater dividend rate! Municipal bonds, from the state, you reside, offer tax – free status, both, on the Federal and State levels, while, when, they are. from other areas, only, Federal taxes, are saved. It is also, important, to recognize, that, U.S. Treasury Bonds, Bills, and Notes, although, considered, the safest investment, offer, lower rates, and only are tax – free, in terms of local taxes.

3. Bank interest, versus, corporate dividends: Banks pay interest, while corporations pay dividends! Remember, however, while the F.D.I.C. backs most savings deposits, corporate dividends, are not guaranteed, in most cases! That is a primary reason, corporations generally pay a higher rate of return. Also, recognize, all corporations, are not, the same, and, since, any bond, is backed by the specific company, degree – of – risk, may vary, significantly!

4. Real estate: Investment real estate, when used, in a knowledgable manner, may offer, the type of overall return, including, tax considerations/ advantages, rent – income, and growth, of, asset value! However, the benefits of this area, often, depend on a variety of factors, while, understanding, it usually, does not offer, the degree of liquidity, other forms, may offer.

It is important to have the basic knowledge, to permit you, to enhance your chances, of making the most – personally – satisfying, wisest investment decisions, based on a degree of understanding, and hiring the finest professionals, for your circumstances, and needs! The more you know, the better!

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Give Them What They Want, Need and Desire

There will always be those who complain about their lot in life. The economy is bad so that is why I am not doing well. This is wrong and that is wrong, but wait a minute: why do you complain instead of doing things to make it better?

The baby boomer generation will soon be transferring to millennials and others assets known as the great wealth transfer. This transfer is estimated to be between 30 and 70 trillion dollars over the next 20 years. This will certainly make things better for many Millennials, Gen X, Y and Z and their children and grandchildren. Not everyone will be getting large amounts of money but many will.

Also, that generation is known to have created many things that all of us use every day. The key is to find out what people want, need and desire and then provide that to them. For instance, during the 1960s young teens were learning to drive. Ford developed the Mustang. Later when boomers were getting married and having children, Chrysler came out with the minivan.

Not all boomers have become wealthy and certainly many are struggling, so to say that our generation is the reason that successive generations are not doing so well is misguided. The economy was not created by them or any other generation but by the government. There are many from that generation in government but there are also millennials and even Gen Z workers in government. If you want to blame someone for your lot in life, good luck.

Among the many advancements achieved by that generation a few are listed here:
1. DNA Fingerprinting allowing this technology to help solve crimes as well as prove paternity or maternity.
2. The Apple Computer
3. The World Wide Web
4. The portable dialysis machine
5. The Flex-Foot prosthesis
6. The automated external defibrillator (AED)
7. The disposable cell phone
8. The Jarvik 7 implantable artificial heart

Those who created these advances were all baby boomers who decided to do something rather than complain about their lot in life. No one ever succeeded by complaining They succeed because they had a vision for doing something, made plans for implementing that vision and then carried it out. It is up to you and you alone to succeed or not. The economy did not make you fail neither did the any other generation of people.

David G Komatz has many years of experience in all phases of accounting, taxation, leadership and management. He has earned 5 college degrees.

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The Risks of Bitcoin

The Risks of Bitcoin that investors need to be aware of
Risk one-The volatility of bitcoin
Everyone knows how volatile bitcoin is and those who invest in this will see the value of this cryptocurrency fluctuate quite dramatically. Unless you can cope with the rises and falls of bitcoin then investing in bitcoin is not for you. There is little to be gained if the loss of your capital is going to cause you to lose sleep. I cannot stress enough the importance of using your discretionary spending money to play the cryptocurrency market.
What is discretionary spending?
It is money which is spent on travel, eating out, entertainment, hobbies and sports.
You would never spend the rent money or money which has been set aside for your retirement on entertainment such as a day out at the races so you should not use that money for playing the cryptocurrency market either.
Risk two-Hacking
A company called “Cryptopia ” which was an online bitcoin trading platform held funds invested in Bitcoin. It was hacked into and all those with bitcoin invested with cryptopia lost their money. There were some sad stories concerning the large amount of money lost by some individuals.
It has to be repeated that you should never play cryptocurrency money with funds you cannot afford to lose or to place too many eggs in the one basket as many of these investors appear to have done.
The other thing I have to add is that the actual amount of money lost by cryptopia investors is likely to be grossly inflated due to the rising price of bitcoin. If someone invested $1,000 in bitcoin and this rose to $10,000 in a few years only for them to lose the lot. It will go on record that this person has lost 10k when in actual fact, it was just 1k they lost.
Risk three-Lost passwords
An Australian man is locked out of his bitcoin wallet because he cannot even remember his password. The website where he has his bitcoin will lock him out of his wallet permanently if he has made ten failed login attempts. He has made eight. He has over 300k in his bitcoin wallet.
The lesson here is to write down your password and keep it locked away in a safe place.
The other piece of advice is to diversify your portfolio so that if something goes horribly wrong you will not lose too much in one hit.
Risk four-Government controls
Governments have the ability to ban crypto trading; China has done just that. Several agencies in China have joined forces to ban what they describe as “illegal” cryptocurrency activity. This is not to say other countries will follow suit but it just illustrates a point that governments do have the power to do this.
Risk five-Taxation
Two things in life are certain, death and taxes. You can be sure that at some point the taxman will want a piece of your bitcoin pie. Whether it be in the form of a Capital Gains Tax or the increased value of bitcoin. It should be remembered that if you are being taxed on the Capital Gains of your bitcoin then it may be possible to claim tax back on any capital losses. A good accountant will be able to advise you here.
Whatever form of capital gains you are investing in it should always be remembered that when there is the opportunity for capital gains there is also the possibility of capital loss. Investing in cryptocurrency is risky therefore, it cannot be stressed enough that the money you invest in bitcoin must be money you can afford to lose.

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