Weekly News Round Up 010919 In this episode: Is China orchestrating Hong Kong riots in order to justify an invasion? Is China’s economy built on a house of cards? Why the HK rich are looking at Golden Visas, such as Cyprus, to protect their money. Also: Markets settle after a turbulent week. Recession Coming World Markets Tumble? Trump’s China tariffs kick-in as trade war threatens world’s economies with recession. 6 Trump Tweets wipes $500 billion off shares in one day Why is 12-hour-day-work proponent Jack Ma retiring and stepping down as CEO of Alibaba? Brexit saga heats up as Boris Johnson prorogues parliament causing British Pound to tumble. Fire Movement’s extreme saving, promising early retirement and way out of the rat race. How to use Power of Compound Interest to build wealth. 35 Year Mortgages Help First Time Buyers Word of the Day Markets In financial terms, a “market” is a market in which people invest and trade in financial securities and derivatives. Examples of securities shares, stocks and bonds, and precious metals. The term "market" is also used for exchanges, organizations that facilitate the trade in financial securities, e.g., a stock exchange (e.g. London or Wall Street) or commodity exchange. Within the financial sector, the term "financial markets" is often used to refer just to the markets that are used to raise finance: for long term finance, the Capital markets; for short term finance, the Money markets. Another common use of the term is as a generic term for all the markets in the financial sector, as in the examples listed below. Capital markets which consist of: · Stock markets, enabling companies to raise finance through issues of shares or stock, and provide a secure trading platform to investors. · Bond markets, provide financing for governments and companies through bonds issues, and provide a secure trading platform to investors. Other markets: · Commodity markets. · Money markets. · Derivatives markets. · Futures markets. · Foreign exchange markets - FOREX. · Cryptocurrency market. · Spot market · Interbank lending market There are more examples and practical steps to getting rich and being happy in my book, Yes, money can buy happiness, I cover the 3 R’s of Money Management, the Money B.E.L.I.E.F System and much more. Check it out on Amazon http://bit.ly/2MoneyBook.