Welcome to a new episode of my weekly review on project.hope. This is the 8th day in the month of May and as you know it is the last day of the month. Every week, i bring you exciting posts from the project hope community and this week we have amazing posts that will thrill you.
Let's Begin
The First – How Corporation Market Value affects Investors and the Corporation
In 2017, it was said that Jeff Bezos made an average of 107 million daily which made 4$0 Billion in the same year all together (That much, wow!!!). In 2018 also, it was said that Mark Zuckerberg $16 billion in a day in July. Does this means that this investor, entrepreneur and business mogul have this money at hand and just lost this money?
This post by @frederickbangs explains how investors in public firms get their net worth as well as how public companies are valued based on market capitalization.
You should read about this in the @project.hope community
The Second - The 2020 Recession and Consumer Confidence
When people have enough money and consumer confidence is strong, they go on tours, travel for business, go to the mall, buy houses and do a lot of amazing things which grow businesses.
In this post written by @papa-mensa consumer confidence is put into consideration as the pandemic makes the economy slow down. Consumer confidence determines the continuous movement of money because if customers do not have the courage to spend then there will be lack of money.
The Third – Paying Off Loans or Investing - My Stand on the Both
A person has $20,000 in cash and has a debt of $20,000 with an annual interest of 6%, will you advise him/her to invest in the stock market for a 10% annual income or pay of their debt?
This post by @mojubare advised on what to do when in debt and want to invest but do not know which to pick first. The post gave preference to paying the loan first as investing is a risk.
You should read more about this on the project.hope community page.
You can go to the project hope community to read these post and more fantastic post from the community. The community has been doing really great and I am proud of the growth thanks to the team which include @crypto.piotr,
@pedrobrito2004,
@juanmolina,
@lanzjoseg,
@fucho80,
@jadams2k18. I will be bringing another review nest week and I hope to do it on both platforms.