If anything, this past year has shown more than anything it’s that having a diversity in our own finances is more important than ever, in a somewhat fortunate turn of events however it seems that a better understand of all things financial as some big markets have entered the news and have perhaps changed the way many of us look at finance. Could this be used as an opportunity for many to explore newer options in their own finances, or will it remain something a little less accessible for most?
The emerging retail trading market – Perhaps the biggest example for this year has come with the transparency given with the retail trading market largely sparked by the ongoing GameStop trading craze – with the latest news coming out that the company is closing their own debt position and may be possibly paying dividends, the good news keeps coming for those who have managed to hold onto their own stock position. Whilst the trading market is a bit of a gamble in itself, often found tethered to a big bet like the big sites found at maximumcasinos.com, and with no guarantee of a pay-out they will always be a gamble. The good news is that there’s a lot more transparency than there used to be, and it has made retail trading as a form of finance much more accessible than it used to be because of the start of this year.
(Image from ndtv.com)
Big news from the crypto market too – Another big name in finance is certainly within the crypto market as different currencies have been performing extremely well – bitcoin was able to hit its highest price ever earlier this year at $60,000 showing that even though a little volatile still certainly worthwhile. Particularly true now that bigger companies have shown interest with Tesla announcing they made be accepting the currency to purchase their cars. The latest market to emerge however was through the Ethereum blockchain however with the rise of NFT’s and the huge sales that followed quickly after, whilst the market is now changing with a bit of a downward trend, it has changed the financial market a little bit. This change has also helped introduce a different audience to the world of crypto as NFT’s were largely aimed at artists as both sellers and buyers, operating largely as a digital art wallet.
Throughout the rest of this year there will certainly be other big changes on the way for different financial markets as they continue to change and adjust to the ongoing pandemic period, where markets may recover and others may fall there will be a huge audience looking to see where opportunities could be found, and given these same markets are more accessible than ever, the finance game has never been more approachable for a bigger audience.