There are many factors that you need to pay attention to when it comes to investing. One of them is building a balanced portfolio. This is important because it reduces the risks of your investment.
If your portfolio isn’t balanced, you might get big gains in good times but also big loses in bad times. While [...]
There are many ways for you to learn finance. You can read financial books or take financial courses. But these days, thanks to the Internet, there are a lot of other ways to learn finance that are cheap and have high quality.
One of them is by listening to podcasts. Podcasts are audio programs that you [...]
Learning economics is a good way to deepen your understanding of the business and finance world. Why? Because economics explains how people behave in order to fulfill their needs. That, in essence, is what you do in business and finance. Either directly or indirectly, you fulfill someone’s needs. Because of that, understanding economics can help [...]
That’s the question I want to look at today: is the market rational? If you learned economics, you will learn that many economists say that the answer is yes. In fact, a whole bunch of economic theories are built on the assumption that the market rational.
A rational market is a market in which the market [...]
The success of a business depends a lot on the people in it, especially the people who are in charge of other people in the organization. That’s why it’s essential that you become a leader and not a boss. It can make a big difference in how people work in your organization and it will [...]
If you want to have a successful business, one thing you should pay attention to is whether or not your business has a clear mission. The mission here isn’t just to make money; it should be about something bigger than that. It should be related to the interest of other people and not just you [...]
If you choose not to work for someone else, you have two options: you can be self employed or be an entrepreneur. What are the difference between them?
If you are self employed, you need to do the work yourself to make money. The more money you want to make, the more work you need to [...]
There are many ways to make a living. Some people prefer to work for someone else and receive fix salary. Some other people prefer to be self employed and make money from their clients. Yet some other people prefer to be entrepreneurs who build systems that make money for them. Different people have different preferences, [...]
Do you invest your money? Investing your money is important to grow your wealth. Without investing your money, your wealth will actually decrease because of inflation. In a few years, the value of your money will be much less than what it is today.
That’s why it’s important that you learn to invest. In fact, you [...]
When investing, it’s important to know your risk profile. Why? Because it helps you find the right investing instrument for you. If you are risk averse, one instrument you should consider is certificate of deposit (CD).
CD is one of the safest investing instrument around. The risk of losing your money invested in CD is practically [...]