1. Entering the Global Arena of E-Commerce
With the rise of a centralized bank of China and plenty of new innovations to drive new
corporations, the world of global e-commerce is expanding. Opportunities are abundant for
people who are looking for them. If you are entering the global arena of e-commerce, then here
are four tips that can help you to navigate it.
2. Balance your portfolio first.
In order to prepare yourself to take on the global economy, you need to balance your personal
economy first. You can look at your personal portfolio as a microcosm for the larger global
economy - any weaknesses that you have in your local portfolio will certainly reveal themselves
when you are trying to create a bigger portfolio. The mistakes in the bigger portfolio, however,
will be much more expensive.
2Prepare for unexpected turns.
There is really no way to prepare for some of the news that you will hear. You will not be able to
prepare in the moment for certain announcements; you will need to exercise general strategy in
order to protect your investment portfolio from announcements across the globe that may make
people nervous. As a global investor, you will be much more susceptible to the whims of short
term investors in different pockets of the world. Do not be scared by their quick movements.
Get the right hardware.
You will need to be able to associate with partners around the world when you are dealing with a
global economy. You will also be required to monitor your rivals from around the world in real
time as well. This is a product of having the hardware that will allow you to keep up with
everyone.
Create opportunities for yourself.
In the global economy, there is really no source that you can go to in order to get the "right tip"
for the "right moment." You will need to create your own opportunities by learning the nuances
of how politics and economies around the world react to each other for the time frame in which
you have chosen to trade. This can be difficult at first, but paper trading will help you
immensely.
3. There will be many opportunities for the individual who maintains a strict discipline when it
comes to reacting to the news of the day and the emotions of the average investor. 2015 and
beyond will create a great deal of volatility, but it will also create unprecedented opportunities.
Jonah Engler is a NYC based entrepreneur who spends most of his days studying finance and
stockbroking. He is also a coffee lover.