Financial Tutorial:First Aid Solutions To Money Problems

About the Book

Is trading stocks, bonds, commodities, real estate a form of investing? Precisely, is trading a security a form of investing? This book strives to let you answer this question. Not only that, it actually takes you through the rudimentary processes of trading them. It attempts to resolve the ambiguities surrounding trading and investing which discourages people from engaging in the act. It uses practical examples to show you how the money market and the capital markets can work to your advantage. The term “day-trading” is seen as precarious. But is it really? What if there were terms like “week-trading,” “month-trading” or even “year-trading” or more so, “decade-trading.” Then seemly precarious nature of trading will be removed. As a result the definitions of trading and investing begin to converge. Investing is the act of committing resources, especially, money to a venture to generate profits. The time element of investing can be as short as nano-seconds or as long as centuries or millenniums. Going by this, the infinitesimal timeline in trading securities should not make that venture any less than investing. So trading as this book considers transcends daily or hourly momentum: it also delves into far longer periods-decades and centuries. Whenever an investment product is bought and sold, it had been essentially “traded” irrespective of the time lapse.

About the Author

Okoko Chidozie Christian holds a Postgraduate Diploma in Education (PGDE) from Usman Dan Fodio University Sokoto, (UDUS), a BSc (Hons.) in Mathematics from Michael Okpara Federal University of Agriculture Umudike, Abia State, and a National Diploma (ND) in Computer Science from Abia State Polytechnic Aba. An Examiner with the National Examination Council (NECO) and a Senior Mathematics Teacher and Former Head of Department (Math) at the College of Islamic Sciences Gusau, Zamfara State (Private oriented), Mr. Okoko had taught Math in various schools including the Government Girls’ Secondary School, Sarkin Kudu Gusau, Zamfara State Davidson Okoko studies Geology for a Master of Science Degree at the University of Ibadan, Nigeria from 2007-2012.He also holds a Bachelor of Science (BSc) degree in Geology from the University of Calabar, Nigeria. He is currently a reporter with BusinessWorld Newspapers Ltd., Lagos, Nigeria and a member of the Institute of Financial and Investment Analysts (IFIA) Nigeria. He has authored two other books on investments namely Teach Yourself Investing and Grow Rich in Capital Markets and Global Electronic Money and also The Billionaire Investor. His previous works on finance and investment have appeared in BusinessDay Newspaper (Nigeria), The Nigerian Tribune (Lagos, Nigeria), NewAge (Lagos, Nigeria), Business & Financial Times (Ghana) and The Christian Faith Trumpet (Houston, Texas, USA). Davidson also teaches finance and investing through his serial The Money Summit. He currently lives in the United States of America. You can contact him by email via investmenthouse1@yahoo.com or phone: +1-347-898-5494 (USA).