Is it time to start investing in bitcoin?

Your weekly investment tea🧋📈

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

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?'

WTF HAPPENED to the stock market THIS WEEK? 🗞️💁🏻‍♀️

Market performance for w/c 4 March 2024


Stocks ended the day with a varied performance. The Dow, which represents major blue-chip stocks, reached a fresh all-time high on Monday. However, the S&P 500, a broader gauge of the market, saw a marginal decline of nearly 0.1% after recently surpassing the 5,000 milestone for the first time on Friday.

Bitcoin saw a significant surge in value, surpassing the $60,000 threshold on Monday. This accomplishment is noteworthy, particularly given the recent introduction of spot ETFs just last month.

Investors are keeping an eye on important economic data scheduled for release this week, including retail sales, production figures, and the producer price index for January. These indicators are expected to offer valuable insights into potential interest rate adjustments by the Federal Reserve amidst ongoing uncertainty.

The Fear vs Greed index is in good spirits as investors feel optimistic and confidence is driving stock prices up. The market remains pretty stable, as there is a strong pull towards “safe haven” investments like gold. However, institutional investors are still on the look out and investing in junk bonds. So while it’s an exciting time to invest, everyday investors should approach with a balanced strategy that seems to yield dividends in the long-term, with an understanding of risk levels.

So what are the updates?

Guys, it’s been an insane few months tbqh. I’ve been in the thick of it unpacking the data behind ‘Muslim women and their financial habits’ for our upcoming report release and I assure you it is well worth the wait. TLDR what is abundantly clear is that Muslim women feel they are not being catered for and ostracised from the market. That’s why I’ve decided to add more on my plate and found a startup.

Heidi from The Hills is shooketh

WELCOME TO THE WORLD AYDA AI - your financial bestie ❤️ Ayda is your personal investment assistant, helping you to navigate the world of ethical investing. I say ethical for good reason - just because something is technically halal, it doesn’t necessarily make it ethical i.e you could invest in a startup which is based in an occupying power for example. So whilst they may technically be halal investment, it doesn’t mean it is one founded on ethics and morality.

i’m also working on a separate project which I can’t wait to tell you more about iA. Please keep me in your du’as.

P.S: I’ll be providing a few freebies during Ramadan - follow @uneesa.finance to be the first to know.

🧋FINANCIAL TEA🧋

ICYMI here’s last week’s highlights:

❄️ Crypto winter continues to thaw as Bitcoin hits lofty heights ($60k = 1 BTC) - and with that comes the inevitable race to liquidate. The likes of Coinbase amongst others have crashed due to the number of investors attempting to cash out.

🫰 Gold dipped marginally before returning to a stable high - as ever, the ultimate safe haven investment.

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RAMADAN SPECIAL DEALS ARE HERE!

 Invest in Yourself - A 4 week crash course in halal finance, PLUS a bonus live Q&A session! Best of all you get to go at your own pace and follow along in your own time. For Ramadan, I’m offering the course at a flat rate of £150 PLUS a FREE coaching session. BOOK NOW BEFORE TICKETS GO!

Finesse your Finances is back for another financial bootcamp! If you’re new to finance and looking to develop a deeper understanding of the issues that affect or may affect you - with practical tips shared, sign up here! Courses start at just £80 for a 5 week course - that’s 16 quid a session! Bargainnn if I do say so myself.

Damn straight sis

N.B: Both courses are ideal for a 🇬🇧/🇺🇸 audience. If you’re based in the 🇦🇪/🇸🇦/🇶🇦/🇧🇭/🇴🇲, please get in touch for a bespoke cause dedicated to the GCC. ❤️ 

TWEET OF THE WEEK

‘Til next time xoxo UneesaFinance🫶