Latest Economy Trials From Jeremiah Babe

We have to get a handle on our finances while we have the ability to. More of us have been chasing all kinds of stocks and cryptocurrency schemes over the last several years. Preparing is important to only dollar cost average in a market like today.

There is nothing worse or even better for an investor than to learn from early mistakes. I've been invested in and out on somewhat spammy crypto scheme like BITCONNECT.

I learned and now I spend most of my easily gained fiat currency into the HIVE blockchain where I can do social networking and sharing of content with others worldwide.

Get involved with HIVE at this link here and I will add some HIVE tokens to get you started in making rewards for your social media actions.

Current Market Forces and Forecast For Small Investors.

Fidelity Investments is the brokerage that I use now. I came across using Fidelity's brokerage services because of all the Wall Street shenanigans I endures from places like Robin hood and WeBull in 2021. I learned a good lesson from these two latter brokerage services. I will get into this lesson learned in a different post. 

This week's investment info is centered around the current state of recession and inflation that we find ourselves enduring.

When it comes to inflation, the past couple of decades have been unusually tame relative to the rest of modern history. In fact, from 2000 through 2020, inflation averaged about 2.1% a year, as measured by the US Consumer Price Index (CPI). Interest rates repeatedly hit record-setting lows over that time as well. Those were likely some great times for investors—and for borrowers—but it was an aberration historically speaking. That may help explain why today's 8.2% inflation rate feels so painful.

Even with the willful disparities of the Biden administration. We small investors need to keep on the lookout for equities that.may be on sale in this down market.

Is SHIBA INU Back In Good Graces

I was an early SHIBA INU token holder after it was launched as the DOGE coin killer. At the time of its release I "dollar cost averaged" small bites of SHIB. It was easy to buy and hold during the year of the pandemic.

As the markets have begun taking, I ton a different stance with regard to cryptocurrency investment. With the stock market tanking and easy money drying up, I also had to liquidate ALL of my tokens. The only holding I've held exclusively over the past 5 years has been HIVE.

The Shiba Inu token is hosted on the Ethereum (ETH) blockchain. The cost of transactions on applications hosted on the Ethereum Blockchain generally go up when the gas or transaction fees rise, which happens when too many transactions occur at a given time that clogs the network.

We may be witnessing a small bear market bump so I've been adding back sone SHIB tokens.

It's become an easier buy for me since many of my exchanges and wallets take my debit card for the purchases of cryptocurrency with my fiat dollars.