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Credit Cards, how should you start out?

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By Oliver Rahman If you're li ke me, chances are when you turned 18 you had little understanding of how a credit card really worked. And yet, it is one of the most important things you will ever have in your adult life! Use it wrong, and you will be eternally in debt and be very limited financially. Use it right, and you can prosper and achieve financial stability (among other things!) So, How should you start? To start off, I would recommend getting a general credit card when you turn 18. The credit card I personally use is the Discover it® Student Cash Back as it has 5% cash back on items that rotate every 3 months and cashback match (which they give out every year). The card also offers 1-2% cashback on everyday items. Considering most students spend lots of money on things online, discover would be the best option for students. The discover card is also usually in the top 3 for NerdWallet rankings for students. Other cards, like Capital One Savor Student Cash Rewards Credit Ca...
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Is Space the Economic Frontier?

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By  Oliver Rahman TO THE MOON! Space is something we all thought of as a kid. We all dreamed of moon bases and trips to mars when we grow up. Sadly, there seems to be a lack of that currently, but not for long!  According to McKinsey & Company, the space industry could be worth $1.8 trillion by 2035 .  NASA's programs like Artemis (which aims to land someone on the moon AND create a moon base by 2030) and SpaceX's plan for mars in the next decade show an newfound interest by the government and private companies to go to space in the near future. By 2035 we could potentially have bases on the Moon and Mars with dozens of people on each, which also means a new lucrative market could emerge.  The main growth for the space economy, currently, is the greater need for connectivity with satellites. AI insights and new technology is also requiring more satellites and greater consumption, further increasing the space industry's capitalization. Mckinsey and Company in 2023...
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Options explained SIMPLY

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By: Oliver Rahman Options are another type of investment, a riskier one compared to individual investments or ETFs, but an investment, nonetheless. They can be a useful tool to hedge bets and make money or the downfall of your entire portfolio. However, TRULY understanding options is a bit difficult considering there are more factors than just stock down=bad stock up=good. There are many types of option contracts in the investment world, but for this simple article, I will only be explaining the two most popular ones: calls and puts. So, what's an option? "An option is a financial contract that gives the holder the right, but not the obligation , to buy or sell an underlying asset—typically a stock—at a predetermined price (called the strike price ), and a-" Yeah, this didn't make sense to me either when I read the definition, and what makes it harder is that I've seen the same explanation for options everywhere. Now that I understand how they work, I'm goi...
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