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Your Investment Tea PLUS our official launch!šŸ§‹šŸ“ˆ

Get financially fit this new year

Hey there! My name is Uneesa, and if I had to give myself a Forbes 2-page spread, the headline would read ā€œI love God, women and money.ā€

Why? Well, other than loving God, women, and money. I want to help as many women as possible take financial control.

Join me as I’ll be holding your hand through the bold, new world of finance, and helping to demystify finance by asking 'WTF is this?'

STOP.
Please complete and share this survey. We need to reach 1k Muslim women in the UK to build better services for you.

šŸ—žļøšŸ’šŸ»ā€ā™€ļø WTF HAPPENED to the stock market THIS WEEK?

It’s been a pretty messy couple of weeks for the investment arena - largely bc big tech’s fall from grace has meant a massive claw back on recent IPOs. The likes of Instacart and Birkinstock haven’t performed exactly as well as hoped, but never fear Kimmy K’s SKIMS is set to IPO in 2024 as is the monstrosity that is Shein. Neocapitalism is well and truly alive.
US stocks have been climbing back up, spurred by Black Friday sales and of course, everyone’s fav economic driver: WAR!

From 2 weeks ago - Fear vs Greed index indicates investors are apprehensive w.r.t investing in the market at present

Last week’s Fear vs Greed calculator indicates a heavy swing

This week’s Fear vs Greed calculator shows increased confidence in investment s

So what are the updates?

Okay, so of you may or may not have seen me on the phenomenal Oversharers Podcast a few weeks ago. I had an amazing time on the pod (s/o Hodo + Kaltun, absolute huns!) where we got to dissect what buy now, pay later really is, the importance of knowing your islamic financial rights and how to kickstart your finance journey.

I just want to clarify: I’m not pro men or pro an alt-akh agenda (some saw a 5 second viral clip and really stretched their imagination to slander me). You don’t have to like what I say or how I dress - it really isn’t that deep lol.

I’m pro the pursuit of truth and fact. Our faith is one of balance and treading the middle path - that’s why it’s so important for everyone to know and understand their rights. I aim to work with women to help improve their understanding of finance, but ultimately everything starts and ends with Allah. That’s why I do what I do - to help women just like you recognise their ability to make better, more informed choices iA.

šŸ§‹FINANCIAL TEA

Catching you up on the last 2 weeks:

  • Sam Altman has joined the tech elite in (think Steve Jobs, Jack Dorsey) in getting fired and rehired from OpenAI. The tech coup, which only lasted 5 days, took place bc the AI mogul "hadn't been consistently candid in his communications with the board" That’s tech talk for ā€˜you’re doing too much hun, and we’re entering dangerous territory.ā€

  • Tesla sues Sweden as strikes target carmaker - Elon’s got a lot going on rn…

  • Saudi’s Public Investment Fund (PIF) has agreed to buy a 10% stake in London Heathrow. The gulf’s continued soft power position extends cultural phenomena like football, as KSA looks to expand its investment portfolio.

  • Robinhood is back in the news

  • As mentioned earlier, Skims and Shein both look to IPO in 2024, cementing Kim’s billionaire status and Shein’s global domination of fast fashion.

    ā€œPretty good for a girl with no talent.ā€

FAITHSPACE šŸ¤UNEESAFINANCE PRESENT:

NO JUSTICE, NO PROFIT - HOW TO SUPPORT PALESTINE WITH YOUR POCKETS.

The amazing team at Faithspace (S/O Afsana, Adel and Usted Shabbir!) gave me the floor once again - this time, to talk all things ethical consumption and how this affects our day to day lives and those around the world.
ICYMI here’s the TLDR:

  • 37 Palestinian journalists killed (as of 6th Nov)

  • 1 in 200 Palestinians in Gaza killed (as of 6th Nov)

  • Over 10K Palestinians have been murdered - Over 40% being children

  • The policy of differentiation by the EU in labelling Israeli settlement goods

  • What is BDS? Boycotts, Divestments and Sanctions is a Palestinian-led movement incorporating the economic injustice of

  • Boycotting the top 20% who celebrate genocide, reward occupying powers or who delegitimise basic human rights, affects these corporations’ sales by 70-80%

  • You can read more by clicking on the BDS highlights here

FINANCE WORD OF THE WEEK - Market Order
Is an order to buy or sell a stock at the market's current best available price. It's a quick way to make a trade, but you might not get the exact price you see because it depends on what others are willing to pay or sell for. Market orders are perfect for when you want to execute an order expeditiously!

ā€˜Til next time xoxo UneesaFinance🫶