The Simple Man
I have friends who just want a simple life. They are not aiming for financial freedom, neither are they financially-savvy. They do not know and they are not interested about the big things of the world – the economics, the…
Category Financial Literacy
The Gold Shorts
Different people have different trading styles. Some advocate to follow the trend, some swear by the technicals with all the chart analytic tools while some trade on news. There is no perfect strategy, and one should find a suitable strategy…
Decline Of A Great Power
I had a short break in March, and during that period there was a series of news-worthy events which sent shockwaves around the world. I made an article about the collapse of Silicon Valley Bank, but there were others which…
The Intangible Things We Buy
Most of us pay for intangible things. In fact I would say that about up to 60% to 80% of what we pay are for intangible things. When the ladies bought a Chanel bag, they are not actually buying a…
The Collapse Of Silicon Valley Bank
On 10 Mar 2023, the Silicon Valley Bank (SVB) collapsed. At the time of failure, it was the 16th largest bank in the US and the largest in the Silicon Valley. Its collapse wiped off the deposits of a few…
Copytrading III
In the first 2 articles we talked about the more technical aspects of copytrading, the first focusing on the difference in platforms and the second concentrating on what to look out for as we choose a master trader. Today we…
Copytrading II
Copytrading, advertised by the platforms as a way to earn money while lying flat (ie without putting in the effort). Yet everyone knows that money does not fall down from the sky, or there will be no poor man on…
Copytrading I
The first time I have heard about the concept of copytrading, sometimes known as social trading, is via a YouTube advertisement by eToro. The advertisement showed 2 people – one serious trader who does all his homework and trade professionally…
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…
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…