Systematic and Unsystematic Risks: How to Mitigate Them

There are always risks in the business world. Understanding these risks enables us to seek more effective approaches to mitigating them. What are these risks and how can they be categorized? There are two main components of risk: systemic and unsystematic. Let’s explore each risk and learn the best way to mitigate it. Systematic risk […]

Robinhood Review: The Free Trading Application

About two weeks ago, I downloaded a fairly new trading application called Robinhood and thought I would share my initial review with you today. I have wanted to trade stocks for the longest time, but the fees that come with trading or going to a broker have always hindered me. If you are like me […]

Pension, Inflation and a Mars Bar

Some say inflation is good. The capital of your mortgage breaks down as the price of your home rises for example! This is an argument for the interest-only mortgage, which advisers do not recommend. Repayments are much less if no capital is repaid. Take an extreme example – 35 years ago I arranged a mortgage […]

Profit: A Necessary Evil

Preliminaries Much has been said about profit and its implications in the society. Some people have supported the existence of profit. Others have argued against it. This essay intends to establish the need for existence of profit. Those who have supported the existence of profit have their own reasons that also support the morality of […]

Financial Antivirus Stimulus Packages and Gold

The new coronavirus is unfortunately deadly not only to humans but also to the global economy. Central banks have fired their bazookas, but monetary policy is powerless during pandemics with supply disruptions and their self-quarantine effectively freezing economic activity. Interestingly, even central bankers seem to acknowledge their impotence. As Jerome Powell said during his last […]

Pandemic, Massive Debt, and Gold

In our previous article, we highlighted the link between the current coronavirus pandemic and how this can translate into rising public debt in many countries. We also pointed out that gold is likely to take advantage of this situation. In this analysis, we will supplement the above by showing you how much debt is likely […]