• The most basic question that one can probably ask regarding all things finance, economics, and money is “What is money?” We all know that a US Dollar Bill or a Euro is considered money, but most people have never really given thought to…

  • What is investing? You know the word, but do you really know what it means? Are you investing or are you speculating? Knowing what investing really means and what constitutes investing (as opposed to speculation) might help you better wade through the many…

  • We all know (or should know) that having an emergency fund is a crucial part of successful financial planning. Having a rainy day fund is one of the first things people should do when getting their finances under control.

    An emergency fund although part of…

  • Many people think that saving money and investing it is hard. They feel that saving is on the opposite spectrum of fun and that it involves scrimping, denying yourself, and harsh self-discipline. Saving does involve self-discipline and can be difficult at times (especially for…

  • The Law of Demand can be represented by the following graph – a downward sloping line with Price (P) and Quantity (Q) on the axes.

    Law of Demand

    The Law of Demand states that, Ceteris Paribus, the…

  • Gold and silver might be good ways to diversify your portfolio and guard against risk and uncertainty (strategic portfolio risk management and mitigation), but you are mistaking if you make precious metals a very significant part of your portfolio in most cases.

    As ultra-successful investor…