#EURNZD 4h Check Analysis Before & After 🏻
#tradingeducation #forexmoney #forexprofits #forexinvestment #tradingesportivo #tradingoptions #tradingstocks #tradingexpert #forexschool #forexuk

Image Source
[#silver](https://www.waivio.com/object/silver) [#gold](https://www.waivio.com/object/gold) [#leo](https://www.waivio.com/object/leo) [#pob](https://www.waivio.com/object/pob) [#someeofficial](https://www.waivio.com/object/someeofficial) [#nftm](https://www.waivio.com/object/nftm) [#bro](https://www.waivio.com/object/bro) [#cent](https://www.waivio.com/object/cent)
When it comes to successful investors in the silver market, several notable individuals have made significant profits and gained recognition for their prowess in this precious metal. Here are a few examples:
Eric Sprott: Eric Sprott is a Canadian billionaire investor known for his successful investments in the resource sector, including silver. He has been a strong advocate for precious metals and has established himself as one of the leading silver investors. Sprott has consistently shown a keen understanding of market dynamics and has made strategic investments in silver mining companies and bullion, reaping substantial profits over the years.
Warren Buffett: Although primarily known as a stock market investor, Warren Buffett's investment firm, Berkshire Hathaway, has also made notable investments in silver. In the late 1990s, Buffett purchased over 100 million ounces of silver, believing that the metal was undervalued at the time. This move turned out to be lucrative as the price of silver rose significantly, allowing Berkshire Hathaway to realize substantial gains.
John Paulson: John Paulson is a hedge fund manager who gained recognition for his successful bet against the subprime mortgage market in the 2008 financial crisis. Paulson has also been an active investor in silver, believing in its potential as a hedge against inflation and economic uncertainty. His firm, Paulson & Co., has invested in silver mining companies and has held substantial positions in silver exchange-traded funds (ETFs).
Eric Mindich: Eric Mindich, founder of Eton Park Capital Management, is another notable investor who has made successful bets on silver. Mindich has demonstrated a deep understanding of global macroeconomic trends and has used silver as a means to diversify his portfolio and protect against inflation. His strategic investments in silver-related assets have generated substantial returns.
Carlos Slim: Carlos Slim, a Mexican business magnate and one of the world's wealthiest individuals, has recognized the value of silver as an investment. Through his conglomerate Grupo Carso, Slim has had significant investments in silver mining companies. His strategic approach to investing has contributed to his success in the silver market.
It's important to note that investing in silver, like any other investment, carries risks, and past success does not guarantee future performance. The silver market can be subject to fluctuations influenced by various factors such as global economic conditions, industrial demand, and investor sentiment.
Before investing in silver or any other asset, it's crucial to conduct thorough research, consider one's investment goals, and consult with a financial advisor who can provide personalized guidance based on individual circumstances.

Staking and stocks are two different investment methods with their own pros and cons.
Staking is a process of holding and locking up cryptocurrency to support the network and receive rewards for doing so. It is a relatively new investment method, but it has the potential to bring in more profits for investors than the traditional method of buying stocks. However, staking also comes with risks, such as the volatility of the cryptocurrency market and the possibility of losing a portion of the investment if the network fails.
Stocks, on the other hand, are a more traditional investment method that involves buying shares of ownership in a publicly traded company. They offer a more stable investment option, especially for long-term investments, as companies typically have a track record of growth and profitability. However, stocks also come with risks, such as market volatility, company-specific risks, and the possibility of losing money if a company goes bankrupt.
Overall, the choice between staking and stocks depends on an individual's investment goals, risk tolerance, and knowledge of the respective markets. It is important to do thorough research and seek advice from a financial advisor before making any investment decisions.
Staking is generally perceived as offering more financial freedom due to its potential for higher returns compared to traditional investment methods. Staking involves holding and locking up cryptocurrency to support the network and earn rewards, which can sometimes be in the form of additional cryptocurrency.
This can provide investors with more flexibility in terms of how they manage their investments. In addition, staking can be done through various platforms and can often be initiated through a simple mobile app or website.
However, it is important to note that staking also comes with its own risks, such as market volatility and the possibility of losing a portion of the investment if the network fails. Ultimately, the choice between staking and other investment methods depends on an individual's investment goals, risk tolerance, and knowledge of the respective markets.
It is important to do thorough research and seek advice from a financial advisor before making any investment decisions.

[Photo Credit](https://www.pexels.com/photo/hard-cash-on-a-briefcase-259027/)
In my previous essay, The Way to Financial Freedom Part 3, I indicated that understanding what is going on in the financial and technological worlds can help you better grasp our current predicament and how to escape it. The first article to discuss finance is the one you're reading right now.
The Importance of Understanding Cash Flow
Cash flow is the key phrase in the financial world. Blockchain is currently the most significant development in technology. If you have the prior preparation I described as a hypothetical situation in my first post on this series along with the willingness to take the risk, then understanding these two and how they work together to offer an alternative to our existing system can show you the path out of financial jail.
Let us start with cash flow.
The person who enlightened me about the importance of cash flow is the least that you will expect for he is not a theological educator. Instead, he is a Japanese American businessman who co-authored a book with the then-president of the United States, Donald Trump sometime in 2009. His name is Robert Kiyosaki. What I admire about this man is that though he is known as a financial educator, he acknowledges his limitation when it comes to technology.
For Robert Kiyosaki, cash flow is the most important word in business. For us to understand cash flow, we need to make three necessary distinctions.
First, the cash flow of an individual is different from the cash flow of a corporation.
For any aspirant investor in a specific company or a trader in a specific stock, studying the cash flow statement of the company is very important. This is part of due diligence in the world of investment and stock trading for by doing this, you will determine the financial soundness of a company.
Any aspiring investor or trader must study three important financial statements of the company he is planning to invest in or trade with. These are the Income Statement, Balance Sheet, and Cash Flow Statement. In the Cash Flow Statement, you will see the amount of cash generated by the company in operation, cash earned or spent on financing, and cash used in investing. Such corporate idea of cash flow is defined as:

the total amount of money being transferred into and out of a business, especially as affecting liquidity.

Second, what I mean by cash flow in this article is not the corporate kind, but personal cash flow, which includes understanding both Income Statement and Balance Sheet. (See Figure 1).
Understanding the relationship between these two financial statements is the key to sound management of personal finance to achieve financial freedom. Interpreting cash flow from this perspective refers to the direction of money, the inflow, and outflow, or the pattern of earning and spending. From the point of view of personal finance, this kind of cash flow has three patterns depending on people’s socio-economic class.
Figure 1 – Income Statement and Balance Sheet
Most poor do not see the importance of a Balance Sheet. Their cash flow is defined by their Income Statement, that is, they simply spend what they earn.
Figure 2 – Cash Flow of the Poor
Since the middle class is typically known as a social class, which income is gradually increasing due to success in small business or job promotion, they usually use their income by buying a lot, building a house, and purchasing furniture and other luxuries. Applying such cash flow to the mentioned financial statements would mean that they used their income buying liabilities and so their expenses increased together with their salary.
Figure 3 – Cash Flow of the Middle Class
In the case of financially educated rich, their cash flow is characterized by a focus on buying assets. As they continually use their income to add more assets to their Balance Sheet, their income grows. And when their income is big enough, that’s the time they use their money to spend for their liabilities.
Figure 4 – Cash Flow of the Rich
The above paragraph that explains the three types of cash flow gives us also three definitions of cash flow, which are different from the corporate cash flow statement:


the direction of money from income to expenses,


the direction of money from income to liabilities to expenses, and


the direction of money from income to assets to income to liabilities to expenses.


The third way to understand cash flow is through the board game created by Robert Kiyosaki.
For Robert Kiyosaki, understanding cash flow is very important and that is why he gave his board game this name. Making this board game is his way to teach financial education to prepare people for the world of business and investment. Doing this, he made financial education his business. In this board game, cash flow is defined as income minus expenses. So, all in all, we have at least three concepts of cash flow:


corporate cash flow statements


cash flows of three socio-economic classes, and


cash flow as used in a board game


In the introduction of Kiyosaki’s book, Rich Dad Poor Dad, he mentioned a story of the different reactions of people as they played the board game: the accountant, the businessman, the computer programmer, and the banker.
The accountant finds Cash Flow a very interesting game making accounting and investing fun and exciting. While playing the game, she was disturbed with the fact about the ignorance of most adults about the basics of simple accounting and investing. She realized that ignorance of this subject was the primary reason why most people struggle financially.
The businessman on the other hand said that he does not need the game for he could hire professionals such as accountants, bankers, and lawyers to do the work for him.
And then we have the computer programmer. He was also not impressed for he believes that all he needs is software to teach him how to invest.
And then finally, the banker. He was moved while playing the game. He realized that he studied all this stuff in school but he does not know how to apply his knowledge in the actual world of business and investment. With that realization, he saw the need for him to get out of the Rat Race.
The rat race is a financial condition of a person where the cycle consists in working, receiving a salary, and spending. Such a cycle is repeated for years until the person reached the peak of his working years and in old age will rely on his relatives or friends for his hospital bills. This is how Robert Kiyosaki describes the rat race:

If you look at the life of the average educated, hardworking person, there is a similar path. The child is born and goes to school. The proud parents are excited because the child excels, gets fair to good grades, and is accepted into a college. The child graduates maybe goes on to graduate school and then does exactly as programmed: looks for a safe, secure job or career. The child finds that job, maybe as a doctor or a lawyer. . . Generally, the child begins to make money, credit cards start. . . and the shopping begins . . .
Having money to burn, the child goes to places where other young people just like they hang out, and they meet people, they date, and sometimes they get married. Life is wonderful now, because today, both men and women work. Two incomes are bliss. They feel successful, their future is bright, and they decide to buy a house, and a car…and have children…The happy couple decides that their careers are vitally important and begin to work harder, seeking promotions and raises. The raises come, and so does another child and the need for a bigger house. They work harder, become better employees, and even more dedicated. They go back to school to get more specialized skills so they can earn more money . . . Their incomes go up . . .They get their large paycheck and wonder where all the money went . . . The children reach 5 or 6 years of age, and the need to save for college increases as well as the need for their retirement.
That happy couple, born 35 years ago, is now trapped in the Rat Race for the rest of their working days. They work for the owners of their companies, for the government paying taxes, and for the bank paying off a mortgage and credit cards.
Then they advise their children to ‘study hard, get good grades, and find a safe job or career.’ They learn nothing about money . . . and work hard all their lives. The process repeats into another hard-working generation. This is the ‘Rat Race.’ (Source: Robert T. Kiyosaki, Rich Dad, Poor Dad).

From the above description of the rate race, I see it as a kind of prison though different in degree compared to the kind of economic and financial jail based on the existing monetary system. Understanding both cash flow and the rat race, I hope that you will explore the path to achieve such a vision of financial freedom.
In the next article, I will be giving an overview of my current understanding of blockchain technology.
Grace and peace!
What is LeoFinance?
What is Hive?

Livestock production — primarily cows — has apparently become such a problem for the climate that government officials in Ireland are mulling over a plan to kill hundreds of thousands of cows.

Today i will be exposing the Virgin Anarcho Capitalist VS the Chad Anarcho Communist Meme here: https://knowyourmeme.com/photos/1331942-virgin-vs-chad.

Lets start with the Virgin Anarcho Capitalist.

#1. The Virgin Anarcho Capitalist wants Corporations deregulated according to the Marxist that wrote this.

Answer: Corporations are Organs of the state and are collectively owned not individually owned. Corporations are Syndicates, and as I've mentioned before the Soviet Union called them Syndicates and the Italian Fascist called their Syndicates Corporations. Corporations are Marxist Fascist Socialist Organization. They have nothing at all to do with Capitalism nor a free market.

#2. The Virgin Anarcho Capitalist comes from an incredibly wealthy family according to the Marxist that wrote this.

Answer: I would actually argue that Those of the Public Sector State Hierarchy Controlling the means of production are the extremely wealthy socialist group. There aren't to many rich Capitalist as those of the Private Sector are having their wealth siphoned away by the State. But not only that, they are also having their businesses crushed by the State and considered none essential as what happened with the Covid lie. The State, through the Covid lie attempted to crush competition, thus they attempted to crush Capitalism which is private individual control of his/her own economy. Through Taxations our wealth is being redistributed to the Giant Corporations which are funded by the State giving these Corporation a huge advantage over Private Individually owned businesses. With all of the Government funding Corporations receive, they have no problem paying employees 20 dollars per hour minimum wage. Price control and minimum wage only affect the small privately owned businesses, not the Giants the Public Sector State Hierarchy supports.

#3. The Anarcho Capitalist Virgin always wears suits with bow ties according to the Marxist that wrote this.

Answer: Actually, it is the Socialist thugs of the Mainstream Media and those that have collective shareholder ownership of the of the means of production in the Stock Exchange Socialist Market who wear suits with bow ties.

#4. According to this Marxist, the Anarcho Capitalist Virgin is a big believer in Traditionalist gender roles.

Answer: You don't have to be a Capitalist to be a Traditionalist in Gender Roles. The differences is when one has individual control of his/her own economy, He/She doesn't care about controlling anybody else's life. Individual control of your own economy is freedom. I would however argue that it is Socialism that brings about the crisis and wars amongst the genders putting males against females and females against males, Whites against Blacks and Blacks against Whites, Employers against Workers and Workers against their Employers, Aryan Germans against Jews and Jews against Germans. All of these crisis are caused by collective control of the means of production, not private individual control of the means of production.

#5. The Anarcho Virgin Capitalist according to the Marxist author, Thinks the 50's and 60's America were the best.

Response: I have no idea how this belief defines someone as Capitalist

#6. The Virgin Anarcho Capitalist somehow believes in both individualism and tribulism.

Answer: The above is Oxymoronic, as you cannot have both Invidualism and Tribulism. This contradiction is explicitly evident in Hitler's writings, who was a Socialist by the way. Hitler says in Mein Kampf that National Socialism also promotes individual worth.. Hitler however could never solve the contradiction this brought about. As if he really promoted individual worth as he said, then there was no way he could Nationalize the Masses or Socialize the people as he also said he would do. If there was individual worth, then the Germans couldn't be working for the betterment of their race, and there was no way for Hitler to Socialize the Aryan Race, as they would be competing with each other. Capitalism is strictly about the Private Individual and has nothing to do with groups or tribes who's effort is to strip the individual of his individuality. It is Socialism who promotes Tribalism and Collectivism. What the Marxist that created this Meme has proven is that the Virgin Anarcho Capitalist is actually a Socialist. I would however agree that he is not a Marxist Socialist. But by definiton he is a Socialist!

#7. The Virgin Anarcho Capitalist according to the Marxist that created this Meme, is scared of black and brown people and wants to create his own ethnostate.

Answer: As we already know that it is collective control of the means of production that brings about the clash between racial groups (Race Socialism), not individual control of the means of production. It is therefore easy to decipher that the Marxist author of this trash Meme is lying. Coupled with the fact that the Virgin Anarcho Capitalist wants a (White Enthnostate), which proves he is not a Capitalist but a Socialist, as State Control of the Economy is Socialism. Capitalism is Anti-State. Capitalism is the Antithesis of Socialism and therefore cannot be Socialism at the same time. There is no State in an economy that is controlled by individuals.

#8. The Virgin Anarcho Capitalist thinks Liberals are Left according to the Marxist Author.

Answer: Actually this is more proof that the Virgin Anarcho Capitalist is actually a leftist Socialist, very possibly a National Socialist. Classic Liberals are on the Right for the most part and are libertarians.

#9. The Virgin Anarcho Capitalist is a useful idiot to Fascists according to the Marxist author.

Answer: The author doesn't even understand the definiton of Fascism and is resorting to pseudo definitons as is common with Collectivist, that is, if the author even knows a pseudo definiton to the Term Fascist at all. As is common with most Marxist Fascist, they can't even define what Fascism is. Or else, they would understand that they are indeed the Fascist Trade Unionist. As Fascism in its simplist definition is Trade Unionism. The Soviet Union was Marxist Fascist. It is literally in the name, Soviet Union. Italian Fascism was Trade Unionism. All you have to do is read the writings of Gentile the creator of Fascism and Mussolini. They make explicitly clear what Fascism is, and what their political ideology was, which is contrary to what Marxist Historians and Sympathizers on Wikipedia are saying.

#10. The Virgin Anarcho Capitalist has no praxis, just whines about liberals on the internet.

Response: This sounds more like a National Socialist. Classic Liberals are on the Right not the Left.

Meaning of classic liberalism: Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with special emphasis on individual autonomy, limited government, economic freedom, political freedom and freedom of speech.

#11. The Virgin Anarcho Capitalist uses Statist and Collectivist as insults.

Answer: As i have proven beyond a shadow of a doubt. The Virgin Anarcho Capitalist according to how this Marxist describes him, is not an Anarcho Capitalist but a Utopian Socialist. He is indeed a collectivist no different than the Marxists and is living in a world of Contradictions and pseudo definition of terms identically to the Marxist.

#12. The Virgin Anarcho Capitalist believes in Hierarchies according to the Marxist author.

Answer: And Hierarchies are Public not Private. The Marxist has literally spelled out here that the Virgin Anarcho Capitalist is really a Socialist. You can't have a Hierarchy when every individual is fending for themselves. Only collectivism brings about Hierarchies.

#13. The Virgin Anarcho Capitalist says Richard Spencer's ideas could work according to the Marxist author.

Answer: Richard Spencer is a leftist Race Socialist lol. Richard Spencer is so on the left that he voted for Biden. He made his voting registration public on twitter for everyone to see.

#14. The Virgin Anarcho Capitalist Invested in Bitcoin according to the Marxist Author.

Answer: Many Socialists are invested in Bitcoin as well. I don't see how this indicates that all who invest in Bitcoin must be Capitalist.

#15. The Virgin Anarcho Capitalist believes in White Genocide according to the Marxist author.

Answer: The reason why the Virgin Anarcho Capitalist believes in White Genocide is because he is a Socialist lol.

Done with the Virgin Anarcho Capitalist who should actually be renamed the Virgin National Socialist instead.

Later on when i have more time, i will refute the Chad Anarcho Communist part of the Meme as well.

Good morning, my nephew and I wearing these stockings for the first time

𝗔𝗳𝗮𝗿 𝗘𝘁𝗵𝗶𝗼𝗽𝗶𝗮 : Human Civilization began in Afar

The Afar Region is also known for its historic finds of Lucy, the genesis of human ancestors. Scientists believe that human civilization began in Africa and Lucy's remains date back 3.2 million

The Afar People: Warriors, Artists, and Keepers of Ancient Traditions

The Afar, also known as the Danakil, is an ethnic group in the Horn of Africa, mainly residing in Eritrea, Djibouti and the Afar Region in Ethiopia. The Afar have acquired a reputation as a warrior tribe due to their involvement in various conflicts in the region over the past centuries. They are closely related to the Omo and Beja peoples, who are their neighboring communities.

The Afar people are known for their small handcrafted articles made from silver and bronze. They often use metal from used cartridges to create these beautiful pieces of art. This artistic tradition has been passed down from generation to generation and remains an important part of their cultural heritage.

The Afar people have a rich history and are considered the sister culture of the ancient Ta-Seti people. The Ta-Seti culture is among the founding branches of the eastern Bejaw or Beja People, while the Ta-Antyu (Puntite) Utjenet Culture is the progenitor of the Afari and Tigre cultures. The Land of Punt played a pivotal role in the development of Egypt's pre-dynastic civilization and played a significant role throughout dynastic Egyptian history.

The Afar people have an economy based on livestock, keeping cows, sheep, and goats for meat and milk, and donkeys, horses, and camels for transportation. A man's wealth is often assessed by how many animals he has. The political system of the Afar people is based on tribal chiefs and warlords.

The Afar people are mostly Muslim, and their religious beliefs and practices are an important part of their daily lives. They sometimes use a papyrus root called burri, which is mixed with milk to make a porridge. The Afar people's culture and traditions have stood the test of time, and they continue to preserve and celebrate their heritage.
The Afar language is predominantly spoken by the Afar people in Djibouti, Eritrea, and the Afar Region of Ethiopia as their mother tongue. According to Ethnologue, there are approximately 2.6 million Afar speakers worldwide

“Fuck you…you’re a piece of fucking shit…you’re a Pedophile…Fuck you…you have killed people…” -Crowd greeting Dictator Trudeau in Woodstock, Ontario.

Jim Cramer did however tell everyone to exit Crypto. I instead exited the Stock Market
Doing the opposite of what he says is indeed the path to success. If he indeed is telling people to sell their Wojak. Well, that only means that as much people as possible should take a position in Wojak as soon as possible.

Meme Source: https://twitter.com/wojakcoineth/status/1661869816267915267?t=4yVeSTQiFndL9iJ7HoM1hg&s=19

LIEBHERR R 9600 EXCAVATOR DIECAST 1:50!

We now stock a range of Liebherr diecast models and other merch! check it all out in store!

This guy behind the documentary went to Stockholm and held signs calling out the climate tyranny and the same people that are behind the vaccination, blm, ESG, and so on. They tried to Andrew Tate him!!! For Fuck sake!! They built windpower in Sweden for Googles new server halls in Finland . 1000km away. Nothing to do with the enviroment but to make the rich richer and to take control of the Monopoly of information in this case so Google can continue to controlling the narrative. Watch this before it gets taken down!
https://youtu.be/7RgyLDVlAg4

So now we can use GPT technology to predict the Stock market & Crypto.

[Photo Credit
](https://www.pexels.com/photo/photo-of-woman-sitting-on-boat-spreading-her-arms-1371360/)
Let me start with my first article on Financial Literacy. This is the topic I delivered in one business community sometime in November 2021. I will not do the whole piece here all at once. It will be too much even for me. So, what I will do is just cut that old presentation into several pieces and update them into separate articles of at least 1,000 words each hoping that the piece will qualify for the Finance Writer Quest in Zealy Campaign.
My topic at that time was The Way to Financial Freedom. Others might rename it as Financial Security, but I would rather stick to my old title.
Not a Typical Article on Financial Literacy
At the outset, let me warn you, that it is not a typical article on financial literacy that you can read out there. Yes, some content might be familiar to you, but the biblical and theological foundations would be something that many would find surprising.
I have been searching for so long among my colleagues for this type of material, but I might be looking for something that might not be in existence or if somebody is doing it, perhaps, it is still in its infancy stage.
As a theological educator, I hope you pardon me, I cannot go on discussing something in the air as if you and I understand the same thing in the same way without first explaining where I am coming from. That provides the context and somehow facilitates better communication even in written form.
From a broader spectrum, I would say that I am coming from a Judeo-Christian point of view. I believe in God the Creator and I also believe that he did not abandon this world, even though many would find such a belief ridiculous in the face of numerous contradictions we are in today.
Given such a standard, I cannot talk of financial freedom without delineating first my source of information. Yes, I respect our common humanity. We are all the same in the eyes of the Creator whether we believe that He exists or not. That to me is given.
And the Creator I know did not leave us in the dark about the issues we are facing today. Theologians and Bible teachers like me may do, and churches too, but not God. He has given His Words and our task as humans is to examine the claims of God in this matter as revealed in His words. Of course, there are disagreements in dealing with current issues and that should be accepted given the reality of human limitations. They only become a shame on our part when we fail in our duty to make the message clear due to confusing voices from among us who claim to represent Him.
Before I leave my apologetic tone and go straight to my topic, I want to raise another point about the nature of the writing project. I recognize that to some extent my insights are premature and a little bit forced particularly in shifting from biblical history to the contemporary world. I still need to learn a way how to do it. So, if you can forgive me for such an offense, let me now go straight to our topic.
A Hypothetical Situation
In introducing our theme, let me begin with a hypothetical situation, that might be true for someone out there. This situation is about the possibility that a person can be amid vast opportunities that surround him, and yet he could not see them. Big changes are happening right before his nose, but he could not see them simply because he lacks the necessary tools or prerequisites to give him the capacity to appreciate and be grateful for what’s going on around him.
What I mean by tools is the necessary preparation of the mind and of the soul. The mind is prepared by relevant and solid information. This kind of information turns into knowledge once it is utilized to bring change.
The other kind of preparation is more difficult because it is how we respond to the lessons of life, whether as someone would say, we would either be better or bitter. Such a person can only be prepared if he has undergone a painful experience in life that one conference speaker describes as a “mind-blowing, soul-shaking, and seemingly world-ending experience.” I see such emotional preparation as very important for that person to see what’s going on around the world.
What COVID-19 and the lockdown did to us is to provide such kind of preparation. Responses vary to the current challenges that we are facing right now. Some just gave up and gave in to depression. Others just succumbed to fear and got paralyzed not knowing what to do. Others turned hopeless and no longer see a bright future ahead of them. But still, others see a different kind of world, a world filled with threats and at the same time opportunities.
Financial Freedom
In this article, as I share with you our topic about The Way to Financial Freedom, I just want you to keep this hypothetical situation in your mind. In the subsequent articles, we will return to it. For now, let us start by providing first a definition of financial freedom. What do we mean by this vision? What is financial freedom by the way?
I first heard this idea way back in 2009 among attendees of wealth courses conducted by a Filipino Chinese business community. Financial freedom for us is a vision of a future financial condition of a person or a family when his/their passive income exceeds his/their monthly expenses. This is a simple definition that I think many are familiar with.
Passive Income
A follow-up question is appropriate. What is passive income then? Again, this definition is common.
Passive income is different from active income. Active income is either the salary that you earn while working or the profit that you gain while doing small business. Passive income on the other hand is an income or profit that you gain without working for it. It is also called “money or a system working for you” and that’s what I see Hive can do for us if everything works out as I expect. Of course, I recognize that in new technologies like blockchain and cryptocurrency, nothing is certain.
In traditional finance, your money can work for you by way of investing in stocks, bonds, and other related financial products. But you can also lose money investing in these products when the market is in a downtrend. Investing in these vehicles requires understanding the general trend of the market, whether bearish or bullish.
I think that’s it for now. Again, I apologize if you find anything in this article not suitable to your taste, but that’s me, and I can’t deny myself.
In our next article, I will be writing about a biblical history that will somehow provide us with lessons to give us guidance on how to achieve this vision of financial freedom.
Grace and peace!
What is LeoFinance?
What is Hive?

“Talent and intellect are equally distributed, opportunity is not...” This is the claim made by the World Economic Forum in a recent video describing their intention to create a more “democratized” stock market.