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Dr. Anosh Ahmed – Essential Lessons for Investment Success

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Dr. Anosh Ahmed - Essential Lessons for Investment Success

Investments provide people an opportunity to maintain their present and future financial security. Dr. Anosh Ahmed says not only does investing allow you to increase your wealth, but it also protects you during financial crises because it can generate inflation-beating returns.

You can also leverage the power of compounding and increase long-term returns. Investments allow you to outperform inflation by generating regular income streams and protect yourself from financial crises by tailoring your strategy to changing needs. Here are a few essential lessons for investment success. 

Thorough Research is the Key

Everyone knows Warren Buffett, the most successful and profitable investor in history. Buffett is one of the wealthiest people in the world and a reputable man in the political and economic domains. According to Dr. Anosh Ahmed, Warren Buffett advises investors to perform thorough research before making investments.

Dr. Anosh Ahmed says that looking at and analyzing the company’s quality or investment value is the first step for investors to create a successful strategy. It requires you to read financial statements, participate in financial conferences, perform vet management, and carry out other tasks to evaluate the company’s quality and make an informed decision.

Invest Early

Dr. Anosh Ahmed has done a tremendous amount of research on why investing early is an excellent way to streamline the entire process. Based on Dr. Ahmed’s insights, the earlier you invest, the more time you have to grow your wealth.

If you are a young individual, you can leverage the power of investing early because you will have plenty of time to increase your investment value than older people. Not only does starting early allow you to take more risks, but it also enables you to perform various evaluations and assessments to mitigate risks and make informed decisions.

One lesson to keep in mind is that making early investments is directly proportional to increased financial stability and security. Dr. Anosh Ahmed encourages everyone to benefit from investing early.

Clarify Your Investment Goals

Clarifying your investment goals is another lesson you need to learn and keep in mind to achieve a secure financial future. After identifying your goals, make sure you set a plan to save money and invest wisely. That way, you can optimize the process and achieve your goals without experiencing problems. “Pay yourself first” is an easy way to keep your savings plan optimized and on track.

So, what does this mean? It means setting aside a portion of the pay packet for yourself before paying bills, shopping, groceries, rent, mortgage, phone, car, etc. When you set aside a specific amount straight from your bank account, you can maintain your financial stability and ensure getting paid regularly and on time.

Start the process by making a solid budget to know how much you can afford to pay yourself. At the same time, list your expenses and analyze how to increase your savings every month.

Invest Your Savings to Grow Your Wealth

If you want to build more wealth and achieve financial stability, make sure you invest your savings. According to Dr. Anosh Ahmed, it is one of the best lessons one can learn and use to achieve their financial needs and goals.

So, you can put your plans into action by focusing on managed funds. Not only do managed funds pool your savings, but they also enable you to access various quality investments.

Moreover, diversification is essential, allowing you to spread the risk across each of your primary investments, including cash, shares, real estate, fixed interest, etc. The purpose is to generate higher returns on investments. You must learn how to exploit the risk-return spectrum for getting outsized ROIs. Diversification means not putting all the eggs in one basket.

Leverage the Power of Compound Interest

Another essential lesson for investors, according to Dr. Anosh Ahmed, is learning how to leverage the power of compound interest. For instance, once you have set your goals and decided where to invest, you must learn how to access compound returns. Remember, each dollar you invest translates to a return.

When you reinvest the interest earned, you can make more money. That way, you increase the potential of financial growth. It is crucial to turn your savings into investments to achieve your financial goals. However, you must not make the process difficult for yourself. For example, you can make regular investments of $100 per month if you have $1,000 in savings.

Final Words

Investments can make or break your financial stability – it is all about how you use your mind and play the game. Dr. Anosh Ahmed recommends everyone benefit from the lessons given above to achieve success. Good Luck! 

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MeatSpady: An artist by the people and for the people

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MeatSpady: An artist by the people and for the people

We make a living by what we get but, we make a life by what we give. Only a life lived for others is a life worthwhile. There is no denying the fact that people who keep the passion of serving the community by giving back are the true leaders and beacons of hope. One such community servant and philanthropist is MeatSpady. A musician by occupation; by nature, a care giver to others. MeatSpady is the owner of the clothing brand, The Beautiful Letdown Store. Through his brand he has been consistently involved with his community by providing those less fortunate with food and free t-shirts bearing The Beautiful Letdown logo. The brand also offers two scholarships and two grants for qualifying families in the city of Philadelphia.

MeatSpady is a hip-hop artist, born and raised in North Philadelphia, whose deep real-life lyrics speaks to the very people he serves in his community. The Beautiful Letdown Store is an online store where the customers can buy a vast variety of quality apparel for a low price. The products range from t-shirts, hoodies, sweaters, sweatpants, sea moss and more. The brand came about after the 2018 release of The Beautiful Letdown mixtape. The project reflected MeatSpady taking full accountability for who he is as a human being. When the brand was created the objective was to convey the concept of having acceptance of self. Something he considers to be the highest form of self-love.

Through his brand, MeatSpady is striving to become a staple in his community. Leading by example he makes monthly visits into the community to provide food and clothing to the people, sponsoring the For The Love Basketball events with throughout the city of Philadelphia and finding various  ways to give back to others.

The brand plans to offer two scholarships to Philadelphia high school graduates this year, as well as two grants to families who deal with the everyday effects of the health issues that their children are faced with. The Beautiful Letdown Store is always looking to sponsor events in the community that can help bring positive change to the people in it. “This is my way of giving back to my community until I can do so on a larger scale” says MeatSpady. When asked about the significance of the variety of colorways the brand offers, he stated “We believe everybody has a story and every story has a color. What color is your story?.

Being a musician and operating a brand to help the community is really an inspiring and appreciable action of MeatSpady. He is determined to continue to impact the lives of others as time progresses. With the continued support of his listener, fans, and customers the future is bright for MeatSpady and all his endeavors.

meatspady.com

https://www.thebeautifulletdownstore.com/

Instagram.com/meatspady

Facebook.com/imeatspady

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How to Set up a Cardano Node?

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How to Set up a Cardano Node?

The constant evolution of the blockchain has made it a more mainstream technology. Such improvement contributes to its rapid market growth. Blockchain technology came along with Bitcoin in 2008, the first-generation blockchain that can facilitate only cryptocurrency transactions. Later, when Ethereum (second-generation blockchain) entered the blockchain space, it set a new definition of how blockchain technology can power enterprise-grade solutions and eliminate the need for third-party authentications.

Amidst the blockchain advancement and the advent of new protocols, scalability continued to create challenges for the first and second-generation blockchain users. Besides, lack of interoperability is another reason that disrupts the global utilization of diverse blockchain use cases. Blockchain experts realized the potential adverse impact of these short flaws, and thus we had the third generation blockchain, Cardano, in 2017. This article will explore Cardano, its diverse use cases and discover how to set up Cardano node. So, let’s start.

What is Cardano?

Cardano is a third-generation proof-of-stake blockchain platform designed to be open-source and decentralized. It addresses the challenges of first and second-generation blockchains. In addition, it eliminates the flaws of POS (proof-of-work) consensus mechanism such as high transaction cost, slow transaction processing, high energy consumption, etc.

Due to its open-source nature, the platform offers a range of Cardano development opportunities for worldwide developers. One can easily participate in the Cardano ecosystem and contribute to its sustainability by developing innovative solutions like a Stake pool, smart contracts, Cardano exchanges, and even a unique ecosystem.

What is a Cardano node, and how it works?

A node is the core component of the Cardano ecosystem that underpins the whole network. Ultimately, every blockchain network consists of various interconnected nodes to validate transactions and blocks via a consensus mechanism. Specifically, in Cardano, users are required to run Cardano node if they wish to join the platform and contribute to the open-source project.

So, how does a Cardano node work?

A Cardano node is a service node that imparts complete transparency across the network by validating how the pool interacts inside the network. The nodes further hold and manage the combined stake in a single entity.

Other core responsibilities:

Production of blocks

Cardano produces independently verifiable blocks across a peer-to-peer protocol through a robust block-producing system. It further adds security layers to decide which blocks should be added to extend the chain.

Validation of transactions

Nodes validate the transaction by appointing slot leaders who determine if the sender has enough funds to meet transaction parameters. Once confirmed, the slot leaders record data and assume it as an active block after the complete verification process.

How to set up a Cardano node?

We will discuss the step-by-step process of setting up the Cardano node from the source node and running the node into multiple operating systems.

For that, you need the following component setup for node installation:

  • The latest operating system- Windows, Linux, or macOS.
  • Dual-core CPU with 8GB RAM and 10GB disk space.

For Linux

Step1: Install operating system dependencies on the Linux system.

Step:2: Install GHC and Cabal using ghcup.

Step3: Download and compile a working directory to store source code and builds.

Step4: Configure the build option.

Step5: Build up and install the node.

For macOS Operating system

Here, we will explain the download, compilation, and installation process for the node.

Step1: Install operating system (OS) dependencies for MacOS.

Step2: Install homebrew packages.

The rest of the steps are the same as the node installation in Windows operating system (from step 3 to step 5).

For Windows operating system

Node installation for Windows is the same as macOS and Linux, but you need WSL (windows subsystem for Linx) that changes the windows environment into Linux.

Conclusion

With a highly mutative nature and the ability to embrace modern technologies, Cardano has brought significant change to the blockchain and its real-world implementations. Such overwhelming popularity has also empowered Cardano-based development & deployment services since this protocol supports scalable, interoperable, and sustainable enterprise-wide solutions at a reasonable cost.

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Get ready!Beijing 2022

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Get ready!Beijing 2022

The 2022 Winter Olympics, officially the XXIV Olympic Winter Games and commonly known as Beijing 2022 are an upcoming international winter multi-sport event scheduled to take place from 4 to 20 February 2022 in Beijing and venues near neighboring towns of Yanqing and Chongli in the People’s Republic of China.

Beijing was elected as host city in July 2015 at the 128th IOC Session in Kuala Lumpur. The 2022 Winter Olympics will be the first Winter Olympics in China, the last of three consecutive Olympics to be held in East Asia (after the 2018 Winter Olympics in Pyeongchang, South Korea, and the 2020 Summer Olympics in Tokyo, Japan), and the second overall Olympics to be held in China, after the 2008 Summer Olympics also in Beijing. For the first time, the Winter Olympics will be hosted by a city that previously hosted the Summer Olympics; Four existing indoor venues that were originally constructed for the 2008 Games, as well as the Beijing National Stadium (venues of the opening and closing ceremonies), will be used.

The 2022 Winter Olympics are scheduled to include a record 109 events over 15 disciplines in seven sports. This represented an increase of seven events from 2018. The men’s and women’s big air freestyle, women’s monobob, mixed team competitions in freestyle skiing aerials, ski jumping, and snowboard cross, and the mixed relay in short track speed skating were the new events added by the International Olympic Committee in July 2018.

Beijing, the city of double Olympics, has witnessed the development of China, and it also represents the traditions of the East. Let’s look forward to what kind of splendor this Winter Olympics will bring or the new trend that will lead the development of the world. The Chinese culture is broad and profound and will shape the spirit of solidarity of a community with a shared future for mankind together with the Olympic spirit. It is expected that the Beijing Olympics will bring about world peace and development and share a beautiful vision for the future.

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