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I was studying economics basic 101 Lately. So these 2 topics were in my head all day.
What is Opportunity Cost ?
An athlete trains for yearly season game with 6 months practice in order to win the game, once he does it then he will go for vacation.
If he loses the game, no...
I wasn't certain where to post this and I can't get any clear answers from anyone I know so hopefully someone here as an idea.
The U.S. was taken off the gold standard in 1971 debasing the currency to be inflated. With all of this funny money it is easy to get loans and to invest because the...
So I just finished my exams for the first year in University. I chose to study Economics but ended up regretting it. Not because it's hard, but because with every day that passes all the things I've been studying this year look so abstract and useless.
I thought more times of dropping out and...
There is a person - Bruce who speaks about Foreign Policy & Economics around the world.
I was checking his FB fanpage and found this awesome post about value creation.
Here is the post: Movies Are An Awesome Example Of How Wealth And Value Creation Works
I want you to change my mind...
I have thought about this a lot. I have done research and I still cannot get to the place where I am seeing "the experts" point of view.
Gurus will tell you that money is everywhere, that it is in abundance. That there is plenty out there. They even say that...
i read the millionaire fastlane last year and you told me to read about finance and economics. i read a personal finance book for dummies and a economics books for dummies. but i didn't get the most out of those books. i still don't know what taxable and non-taxable yields are and i still don't...
I wanted to share one of my favorite tools for making financial decisions: Net present value (NPV) tables.
What you can do with an NPV table:
Compare two options where money is the only deciding factor, e.g.:
Deciding what car to buy
Deciding whether to buy a house or rent