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Industries to looks for

Industries that is gonna thrive for the time ahead is what is in demand the most. Now demand is for those which makes our life easier and better. With better technology and place we can live a pretty decent life. So to build a new portfolio next year, we should look into EVs, green energy and tech spaces. Because these would definitely turns out to be the game changer.

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Investing with index

Expecting return a way more than the index average can be of greed influence. Index do gives a handsome return that sometimes even surpasses majority of the stock performance. But it is also true that index may stands still for some years. Yet in the very long it is way better than FDs.

Private blockchain

The ledger in blockchain need not necessarily backed by a currency. For a system that need large amount of nodes, like in case of public permissioned blockchain, it is essential to give an incentive either in form of reduction in transaction fee or some currencies. This is a high incentive for those who works with high computational powers. They would demand this. But in case of private blockchain there is no need of providing a currency in the form of incentives. Private blockchains are used when the peer nods comes to know each at least half of them. They form a network of peer group and validate the transactions. Since private blockchain entitles the identity of each nodes, it is impossible to get a lot of people through. So these private blockchain lacks popularity and hence there is no coin. But this is extremely helpful in large corporations to store and validate data. They can create a supply chain where everything could be traceable form the very beginning. It involves no s...

Compounding

Small everyday improvement leads to a large improvement. The compound effect is real and must be experienced. It is like witnessing our own growth for near as far. There is nothing to wonder that it is the eighth wonder.