Introduction A topic that many people are confused about is the difference between wealth and income. In short, wealth is what you have, income is how what you have is changing. What is Wealth? Your wealth is your cash, your real … Continue reading
Introduction At its core, both investing and speculating consists of taking a position on an equity. You think it will go down in price or you think it will go up in price. The difference is the reason they took … Continue reading
Introduction Some terms that people often hear are Developed Markets, Developing Markets and Least Developed Markets. A financial advisor or investment article might mention them, but you have no idea what they mean. In short, in this situation a market … Continue reading
The market was kind this month and you all have decent results for the quarter as well. Last month I discussed bubbles in real estate under the theory that the crowd is an idiot. Well, irrational greed (or fear) is … Continue reading