The saving habit is the foundation of all financial success but the difference between saving and investing is still a concept that most people struggle to grasp. The key to financial prosperity is realizing the potential value of every dollar that comes into your hands. A dangerous habit, which many people slip into, is the […]
Archives for May 2018
Portfolio Diversification – why precious metals makes it stronger
“It is sensible to diversify investments in terms of stocks from numerous industries.” This is a common theme used by investors all over the world. When someone speaks of diversification, most people think of putting their money in stocks that span a wide array of economic sectors but in simpler terms, it just means, “not […]
Paper money eventually returns to its intrinsic value:zero
Forgot the law of supply and demand, the devaluation of fiat money is a much simpler equation. The simple answer is when you print more money, there is more money pursuing the same things. The net effect is that the prices rise. That means each unit of the currency can now acquire fewer goods, hence […]
A cashless Society
The old analogy of “Cash is King” is slowly but surely loosing traction in modern society. The convenience factor plays a massive role in this assumption. The ease of just whipping out your credit card and swiping it for whatever you want is just too much of a lure for the average citizen. As the […]
Another Day. Another Dollar
“Money makes the world go round” or “to make money, you got to spend money.” These are common phrases associated with the physical manifestation of money. The Federal Reserve System is familiar with those two phrases more than most as it controls the amount of money that circulates in The United States. Not so long-ago, […]