Search found 22 matches

by Bola
Wed Aug 20, 2025 5:06 am
Forum: Commodities and Futures
Topic: Which commodity trading is best for beginners?
Replies: 2
Views: 108

Re: Which commodity trading is best for beginners?



For a beginner, trading commodities is often best done through gold and silver or agricultural products like corn. They are heavily traded and less volatile, making them easier to learn and trade.

I think the novices should perhaps start with commodity that are linked to ETFs rather than ...
by Bola
Wed Aug 20, 2025 5:05 am
Forum: Commodities and Futures
Topic: What is the fastest selling commodity in the world?
Replies: 2
Views: 88

Re: What is the fastest selling commodity in the world?



As far as I know, Crude oil is the fastest selling commodity on earth and that is because it is used for energy production, transportation, and manufacturing. High demand for it globally earns it a top position among the most heavily traded commodity each day.

Another fast selling commodity in ...
by Bola
Wed Aug 20, 2025 5:04 am
Forum: Commodities and Futures
Topic: What is the easiest commodity to day trade?
Replies: 2
Views: 116

Re: What is the easiest commodity to day trade?



The simplest commodity to day trade is gold due to its high liquidity, relatively predictable price movement, and high market participation and that is why it create opportunities for intraday trading.

Silver is also liked by so many traders due to the fact that it responds fast to market news ...
by Bola
Wed Aug 20, 2025 5:01 am
Forum: Commodities and Futures
Topic: What is a hot commodity right now?
Replies: 2
Views: 97

Re: What is a hot commodity right now?


There are times when a hot commodity takes on a different meaning as dictated by market trends, but lithium has been very much in demand in recent years due to its prime role in electric vehicle batteries, making it important in the energy and technology sectors.


The other hot commodity is ...
by Bola
Wed Aug 20, 2025 4:57 am
Forum: Commodities and Futures
Topic: Which commodity is most profitable?
Replies: 2
Views: 103

Re: Which commodity is most profitable?



Commodities will always depend on market conditions. So, that is what determines if it's the most profitable or not, but oil and gold have been performing well in the market for decades. High demand gives room for rapid increase in prices, thereby providing huge profit potentials to traders ...
by Bola
Sat Aug 16, 2025 9:36 am
Forum: General Insurance
Topic: What Is Insurance? Your Safety Net Explained in Plain English
Replies: 2
Views: 101

Re: What Is Insurance? Your Safety Net Explained in Plain English

Exactly. Insurance is equivalent to an umbrella that you do not always require but when the rain comes, you will be happy you had one.
by Bola
Sat Aug 16, 2025 9:35 am
Forum: General Insurance
Topic: How does insurance work?
Replies: 3
Views: 101

Re: How does insurance work?

First of all, you need to read and digest the details of the insurance policy you want to buy, what it covers, what it does not cover to learn how it works.
by Bola
Sat Aug 16, 2025 9:34 am
Forum: General Insurance
Topic: What is risk in insurance?
Replies: 2
Views: 78

Re: What is risk in insurance?


I would say there is also risk associated with insurance based on factors like lifestyle, location or career. Take for instance, the case of an office worker versus the firefighter. The office worker has a lower risk than the firefighter. That's just the simple scenario of the risk in insurance ...
by Bola
Sat Aug 16, 2025 9:33 am
Forum: General Insurance
Topic: What is the main benefit of insurance?
Replies: 3
Views: 128

Re: What is the main benefit of insurance?



In addition to the financial security you mentioned, I also believe that another advantage is the peace of mind insurance offers. Just knowing that you have some kind of cover help eliminate life pressure.


Yes, that's correct! I’ll also add that it also doesn't make people fall into debt over ...
by Bola
Sat Aug 16, 2025 9:31 am
Forum: General Insurance
Topic: What is the basic purpose of insurance?
Replies: 2
Views: 81

Re: What is the basic purpose of insurance?

Definitely. It is sort of a safety net for people and companies such that when they're down, they can recover through the help of the insurance company..