Spending – From a Time Perspective

Recently I was reading Naked Economics, authored by Charles Wheelan. On page 202, the author shared the below quote that got me thinking how spending can be measured from a time perspective. “Making money takes time, so when we shop, we’re really spending time. The real cost of living isn’t measured in dollars and cents […]

Diversification: It Is Not A Competition

My Investment Analysis lecturer always repeats the following mantra. “When you speak about investment, concentrate more on risk and less on return.” The common mistake we tend to do is to seek for investment instruments with the highest return. We then proceed to invest in them without taking any consideration of the purpose or risk […]

Gold Price Rises When There Is Blood In The Streets

So, the new year or the new decade started with a bang! On January 3rd, 2020, U.S. conducted a drone strike near Baghdad International Airport killing Qasem Soleimani, commander of Iranian Revolutionary Guards’ Quds Forces. Six days after, the tension between the US and Iran continues to rise, threatening a full-blown war between both nations. […]