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Ever since money has existed in the world, there have been those with a desire to invest it. While the "rules" of money haven't changed since then, you can't expect invest today the same way it was done centuries ago. Join us here to set some things straight, cause we all need a new personal finances and soon.
In the beginnings of financial investment, from Renaissance Italy to the 17th century, the main destination of that money was government bonds, but all this changed with the birth of the first corporations. The new companies issued shares or participations. Unlike bonds, stocks give the owner formal ownership of a portion of the company.
Shareholders can vote on key issues and have the right to sell their stake to other investors. This created what is known as a secondary market, the stock market.
Investors are motivated by a mixture of fear and greed. Sometimes, greed causes a bubble in the stock market (prices are overvalued) that at some point will pop with dire consequences for everyone. The famous Wall Street crash of 1929 and Black Monday in 1987 are some of the most significant of the last century. The dot com bubble (2000-20002) and the financial crisis of 2008 sadly adorn the beginning of this century. But it is extremely difficult to identify a bubble, and even more difficult to calculate how close it is to bursting.
In theory, there should be an optimal level of economic activity in which a country could remain indefinitely. In practice, however, this level has never been achieved: every 45 or 60 years (Kondratiev cycle) a crisis occurs in the capitalist system that leads people to question the way the economy works. Usually when people start to ask themselves many questions about their finances is probably too late.
Today computer systems allow investors to trade directly from anywhere in the world. Wherever we go, we see digital payments, decentralization, network privacy... in short, investment opportunities like never before available to almost everyone. Not all know how to take advantage of them and only a few know how to make a living this way. But the changes are undeniable, and soon learning about this matter will not be optional. It is worth asking, is a new economy forming, and if so, can it solve the problems of the "other economy" at once?
One of the greatest objectives of Monolith is precisely to create a personal economy so efficient that it can be seen as a paradigm shift. Not every day you have the opportunity to change finances for the better, but we seek not only to make it possible but also easy for anyone without technical knowledge.
We will be giving more details about our approach and progress across all of our networks, so don't forget to Like and Subscribe.