Patience and market corrections

Patience and market corrections

Posted on September 17, 2017
The following three rules might be useful for successful investing. As we usually say, diversification is at utmost importance. Patience is also a virtue as well as having the ability to invest at the right time. Especially when market corrections may happen.

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Some Russian banks face a hard time

Some Russian banks face a hard time

Posted on August 20, 2017
Russian authorities extended the review of bank licences until 2019. The main reasons behind licence revokes are committing frauds or just having poor asset quality and high risk. This costs billions to Russia and already reduced the number of banks significantly. Even big banks are in danger sometimes.

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Oil prices slump, OPEC countries suffer

Oil prices slump, OPEC countries suffer

Posted on August 13, 2017
In the last years, oil prices fell 50% which makes several OPEC countries suffer. Although they decided to hold their production back to raise crude prices that doesn’t help all their members to balance their budgets. That might not change soon.

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