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5 Things You Should Know After Being Burnt by Your Investment
By Seedly  •  June 4, 2018
We have faced a few almost-unexpected downturns recently, The collapse of Lehman Brothers. Slumps in oil prices in 2016. If you are invested in the market, these downturns would have pinched you or caused you to change your lifestyle entirely. All these are almost-unexpected, so how should we brace ourselves if we encounter times like these? First, here is an analogy on how the stock market work was shared on Seedly Community, you can read the long version here. How does the Stock Market Work? 3 groups of people involved: A man – businessman The villagers An assistant – the businessman’s assistant This an analogy of the stock market with the buying and selling of monkeys. A man appeared to the villagers ......
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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