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…
Category Financial Literacy
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…
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…