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Everything You Need To Know About Saving In Dollars
Why save in dollars? Saving in dollars on Accrue helps you protect the value of your long-term savings from currency devaluation. For example, if you’re saving to buy a car in two years or you’re saving for your Master’s tuition in six months, saving in your local currency means that your savings might lose a…
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‘I could barely sleep when I got my first credit alert in foreign currency’
The Naira seems to be on its merry way down to the bottom of the ocean. Many people believe that earning in dollars while spending their local currency will fix all the currency devaluation problems they’re experiencing. Is this true? We spoke to Daniel Abayomi, a Nigerian living in Nigeria, about his experience and thoughts…
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Tough Times, Tougher People: Surviving inflation.
A story of people striving to do better for themselves regardless of the inflation & bear market It’s been a rough couple of months for many people. Between Inflation, declining markets, and a truckload of other things, quality of life has dropped, and things have generally gotten more challenging for many people. Amidst all this,…
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What Is Dollar-Cost-Averaging?
A simple guide for understanding dollar-cost averaging (DCA) Dollar-cost-averaging (DCA) is an investment strategy where you buy the same dollar amount of a particular asset at regular intervals over a period of time. For example, buying $5 worth of Bitcoin weekly for three years is dollar-cost averaging. With dollar-cost-averaging, if you have $1,000 to invest…
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Poor Risk Management: Lessons From The Man Who Lost $20B!
Dive into the story of Bill Hwang. A great investor who risked and lost it all because he had poor risk management. Bill Hwang started out working for Julian Roberts, a former hedge fund manager and American investor best known for founding Tiger Management in 1980, which became one of the most notable hedge funds…
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How Much Of A Crypto Nerd Are You?
Take this test to find out how much of a crypto nerd you are. You stand a chance to win $10 if you score above 7.(Valid for 48 hours from publish date) AccrueSend and receive money across Africa and the US with ease! useaccrue.com
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4 Investors Tell Us Why They Invest
Investment is an integral part of growth – be it financial, educational, or career. Any sound investment will eventually pay off. At Accrue, we emphasize financial investment because we understand how essential it is in helping people become better versions of themselves while cultivating healthy investment cultures. This week, we had a sit-out with different investors…
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A Beginner’s Guide To Investing In Stocks And Cryptocurrencies
The way to win with Accrue, and investing, in general, is to have a long-term mindset. Time in the market is a strategy that many successful investors use. The alternative, timing the market, is a strategy where investors try to identify the best time to make a purchase or sell-off and profit. Timing the market…
