3 Ways to Improve Your Small Business’s Social Media Presence 

Having a strong presence on social media is the most effective way for any small business to reach new customers and achieve success. By growing an audience on various social media platforms such as Twitter, Instagram, Facebook, and TikTok, any business can go from a small company to a major corporation like Access Jet Group in no time. While growing your business’s social media presence can seem like a daunting task if you are not previously experienced in digital marketing, it is one of the most advantageous moves you can make for your company. Here are a few simple yet highly effective tips for improving your small business’s social media presence. 

Continue reading

3 Easy Ways to Save Money on Car Repairs

Car trouble is one of the most inconvenient and expensive issues that one can encounter. Unexpected car troubles can take a major toll on your finances and monthly budget, especially when they require the attention of a mechanic or specialty auto shop such as Precision Car Restoration. Although car trouble can be stress-inducing, the truth is that there are simple ways to save money on car repairs with a little bit of work at home. If you aren’t a car expert, don’t panic – here are a few easy yet effective ways to save money on car repairs, with no extensive knowledge of cars required. 

1. Find a Shop You Trust  Continue reading

What Would Warren Buffett Do in a Bear Market?

What Would Warren Buffett Do In a Bear Market?

Whenever the markets take a dive, many investors look to the Oracle of Omaha for investing advice and to determine their next moves. Here’s what Warren Buffett has been doing since we officially entered a bear market.

What Is a Bear Market?

Every investor should understand the difference between a bull market and a bear market. Currently, we are entering a bear market which occurs when the stock market shows a long period of decline. It officially crossed that threshold in June when the U.S. stock market experienced more than a 20% decline in prices. After reaching all-time highs in January, it dropped 21% by June.

Unfortunately, this downturn is due to more than just market volatility. It was caused by a variety of factors including the far-reaching economic effects of the pandemic, inflation rates, a dip in the housing market, and investors allocating their assets away from securities. And, no one can be certain how long it will last.

What Would Warren Buffett Do in a Bear Market?

When people’s portfolios are taking a hit, many look to the ultra-wealthy and savviest investors to take their investing cues. Warren Buffett has been investing since he was 11 years old. Over the next 80 years, he has since become one of the most successful investors of all time and one of the wealthiest people in the world. He has weathered every market which is why many look to him for reassurance. So, what is Warren Buffet doing in this bear market?

The truth is that he is giving the same advice he always does. Here are six of the key principles of Warren Buffett’s investing philosophy.

1. Cash is not a good investment.

Contrary to what many people believe, Buffett does not believe that cash is king. Although we need it to survive, it is not the best place to invest your cash surplus. The value of cash depreciates over time with regular inflation rates. And, its value is further eroded by the current inflation spikes we are experiencing now. If you have a cash surplus, it is better to invest in more productive assets.

2. Invest in productive assets.

While it seems obvious, you want to invest in productive assets that build your net worth. In order for it to be productive, an asset must meet expectations of what kind of yield it will deliver. Therefore, you should first evaluate what you expect in returns and then utilize capital to acquire more productive assets. If an asset is not generating more wealth, it may be time to cash it in.

3. Stay in your circle of competence.

Warren Buffett is a smart man. However, he openly admits he does not understand every industry. He has found success because he has stayed within his circle of competence. For example, he never invested in the tech industry because it was beyond his scope. Because of this aspect of his philosophy, he avoided huge losses when the dotcom bubble burst. While you don’t have to understand everything, gravitating toward what he knows has helped make him one of the richest men alive.

4. Evaluate companies first.

Another habit that has served him well is performing due diligence before he buys into a company. He will evaluate a company and look at how much is it selling for vs. how much they think it is worth. Doing research on potential opportunities is an important step in preventing you from making a bad investment.

5. Play big and don’t waste an opportunity.

While losing money is never a good thing, a bear market may also present new opportunities. And if you want to make money, you have to seize them when they come. Warren Buffett has created a strategy that also considers the potential a bear market provides to acquire valuable stocks at a good price. But, he also warns that if you want to bring in profit, you can’t do it on a small scale when the opportunities come along.

6. Invest in yourself.

Finally, Buffett firmly believes that you are your most valuable asset. No one can take away your knowledge, talent, and experience. So, educate yourself and build your own talent. Find ways to increase your value by learning new skills and never underestimate your own value. It will be a valuable tool as you decide how to manage your investments.

Does a Bear Market Mean We Are Heading Towards a Recession?

Although we are firmly in the midst of a bear market, the looming question still remains. Are we heading towards a recession? Some fear that it may be even worst than the one we experience in 2008. However, other investors choose to view it as a normal market correction and a positive sign that a bull market is coming.

Without a doubt, a bear market is often among the first indications that we are entering a recession. But, that isn’t always the case. It’s important not to panic and start selling off your investments simply because we are seeing stock prices drop. Sometimes it really is the result of a market fluctuation, especially after so many years of living in a bull market. However, if we continue to see market losses in the months to come and inflation continues to rise, we very well could find ourselves facing a recession.

The simple truth is that no one knows, so it is impossible to answer this question with any amount of certainty. While there is no crystal ball to tell us what lies ahead, the philosophy created by the Oracle of Omaha may help you protect your investments.

Read More

How to visit Europe on a budget?

Europe is the world’s most visited region by far. With vibrant cities, world-class museums, fairy-tale castles, and white sandy beaches, the continent ticks every box on many travelers’ bucket lists. However, traveling to Europe comes at a price. But what if you could visit the continent’s gems without sacrificing all your savings? Here come four tips for budget-savvy tourists to experience Europe to the fullest.  Continue reading

Funded Trading Accounts: Should you become a Forex Prop Trader?

Every new trader dreams of flashy cars and the lifestyle that is all over their social media feed, but how do you get there without risking your life savings? Is it possible to make it in an industry where the adage Money makes money really does hold true?


Most successful traders are trading for a prop firm, they have none of their own money on the line, they have proven their consistency and are funded traders trading a prop firm’s capital through a funded trading account and taking a percentage of the profits as a commission.


By completing an evaluation of your trading skills, you are able to become a forex prop trader and trade capital that is far beyond the reach of the average savings account.


Taking profits that on a small account would barely be enough to buy a few cups of coffee to profits that could fund the lifestyle you are looking for.


Let’s look into the process of getting yourself a funded account and the benefits of them.


Once a trader feels they have attained a level where they are able to make consistent returns on their account, they are able to get a funded trading account through a prop firm, in which as a trader proves themselves and reaches predefined profit targets, the account size is increased, and the trader trusted with more risk.

There are a number of prop firms out there, so be sure to do your research. For this example, we will be using City Traders Imperium as an example, as they have options to suit all trading styles and attractive profit shares.

By using a simple comparison of a personal account of $ 1000.00 and the purchase of a $ 20,000.00 Funding account which at the time of writing costs $ 1199,66

let’s look at if this can take us from part-time traders to something more substantial.


Assuming we make a reasonable profit of 5% a month, let’s look at the 2 accounts side by side.


Starting on our personal account day 1, we have $1000.00 at the end of month 1, we have made our target of 5% and have a new balance of $1050.00. Assuming no withdrawals at the end of 12 months, our progress would look like this:

Starting BalanceMonthly ProfitClosing BalanceTotal Profit
Month 1$1,000.00$50.00$1,050.00$50.00
Month 2$1,050.00$52.50$1,102.50$102.50
Month 3$1,102.50$55.12$1,157.62$157.62
Month 4$1,157.62$57.88$1,215.51$215.51
Month 5$1,215.51$60.78$1,276.28$276.28
Month 6$1,276.28$63.81$1,340.10$340.10
Month 7$1,340.10$67.00$1,407.10$407.10
Month 8$1,407.10$70.36$1,477.46$477.46
Month 9$1,477.46$73.87$1,551.33$551.33
Month 10$1,551.33$77.57$1,628.89$628.89
Month 11$1,628.89$81.44$1,710.34$710.34
Month 12$1,710.34$85.52$1,795.86$795.86



So, after 1 year of consistent trading, you have increased your balance by a respectable 79.58% or $795.86.


Now, let’s compare the same trading performance on the $20 000 funded forex account, remembering to factor in that the account will be increased when predefined targets are reached, as well as you being paid a profit share.

Starting BalanceMonthly ProfitClosing BalanceTotal Profit
Month 1$20,000.00$1,000.00$21,000.00$700.00
Month 2$20,000.00$1,000.00$21,000.00$700.00
Month 3$40,000.00$2,000.00$42,000.00$1,400.00
Month 4$40,000.00$2,000.00$42,000.00$1,400.00
Month 5$80,000.00$4,000.00$84,000.00$3,200.00
Month 6$80,000.00$4,000.00$84,000.00$3,200.00
Month 7$160,000.00$8,000.00$168,000.00$6,400.00
Month 8$160,000.00$8,000.00$168,000.00$6,400.00
Month 9$320,000.00$16,000.00$336,000.00$12,800.00
Month 10$320,000.00$16,000.00$336,000.00$12,800.00
Month 11$640,000.00$32,000.00$672,000.00$25,600.00
Month 12$640,000.00$32,000.00$672,000.00$25,600.00



So, After 1 year of trading the same way as you would have traded your $ 1000.00 account, you have withdrawn a total of $ 100,200.00, and still, you haven’t reached the maximum account balance offered, which can reach as high as $ 4,000,000.00, which at the same monthly profit percentage will pay out a profit share of $ 200,000.00.


I think the answer to the question of whether funded forex accounts can pay the bills is a resounding yes.


A more detailed breakdown of all of how you can become a forex prop trader can be found on the pages of the prop firms of your choosing.


Obviously, these calculations are based on theoretical results, and as a trader, you know that these can vary depending on the market environment and each individual trader’s results.

It is essential to do your due diligence with your research into the right prop firm for you and calculate your expected results based on your previous trading.