Covid Measures
In December 2019, the first official Covid cases came into the public eye. Shortly afterwards on the very first day of Chinese New Year 2020, the biggest Chinese holiday, China declared a lockdown of Wuhan city and by extension the…
Category Financial Literacy
The Free Market
The most important single central fact about a free market is that no exchange takes place unless both parties benefit. – Milton Friedman In basic economics, students learn about Keynesian theory and monetary theory, which are theories of John Maynard…
The Flow Of Money II
The Fed mentioned that they will clamp down on inflation by raising interest rates. Inflation originally caused by them mass printing money. From an original dovish tone, the Fed had turned increasingly hawkish. In this year alone they have raised…
Sandcastles
The construction of a proper building can take anywhere from 2 to 4 years at normal speed. It involves the laying of the foundations, of reinforcing the foundations with iron bars and concrete, of piling up of stone one upon…
Theories And Reality
In schools we learn about theories. From Chemistry to Biology, Sociology to Economics, we all start from learning the theories and principles behind it. For the hard sciences, it is easier. The theories that have been proven long ago generally…
The Opportunities Surrounding China
夫将兵者，不战则守，不守则走，不走则逃，不逃则死 – 司马懿 Regarding soldiers; if you do not attack, defend; if you do not defend, walk away; if you do not walk away, flee; if you do not flee, die – Sima Yi Background Continuing our previous article on…
Buying Gold
Few days back I went out for lunch and passed by a few jewellery shops, all of which were swamped with people trying to buy gold jewellery. As of now there are no news yet of retailers snapping up gold…
Credibility Is Important
Credibility is important not only to the individuals, but to the corporations and to the country as well. US’s credit ratings are given an AAA because of the confidence that it will be able to repay its debt. People buy…
Getting Out Of The Bottom Class – Part II
In part 1 of this 2 part-series we talked about scrimping every single cent we can in order to maximise our savings. However, just that alone will not get us out of the bottom class. To get out, we need…
Getting Out Of The Bottom Class – Part I
In every society there is always the bottom class. The family so poor they cannot afford anything decent and the kid who often goes hungry. I have seen people climb up from that situation by themselves as an individual, but…
Education, Housing And Medical
In life there are a few big ticket items we have to pay for should we want to live a decent life. Education to ensure we are knowledgeable and skilled for better employability and higher salaries. Housing, so that we…
Holding Power
Holding power is the ability to hold on to your investments without selling them, and it can greatly impact your investments. Holding power is affected by a few things – amount of borrowed money (leverage) you put in it, how…