Cryptocurrency’s Viability as a Currency
Depending on who you ask, cryptocurrencies and their variants like NFTs (non-fungible tokens) have been either a great failure or a great success. For our purposes, we want to assess crypto’s viability as a currency in the context of 2,000 years of the history of money. So, let’s see if cryptocurrency meets the three different […]
Who Loses
According to Pew, 16% of all Americans have invested in, traded, or otherwise used a cryptocurrency. Black investors have been quick to adopt crypto in their portfolios. While only 13% of white Americans have invested in this asset, 18% of black Americans have. Some African Americans believe the decentralized nature of the asset makes it […]
Closing Thoughts “Will Cryptocurrency be the Money of the Future?”
We have looked at the history of money over time to help us better understand the future of currency. In general, we saw that usable currencies have three important characteristics: they hold their value over time they are an agreed upon medium of exchange they are easy to use, handle, and exchange. If a currency […]
Ethics & Investing
Ethics in investing is a process used by investors to align ethical and moral standards with how they make investments. As investors become more involved with how their money is distributed across financial markets, regulators, financial professionals, and businesses have begun to incorporate investors of all sizes in their decision making process. This has led to greater […]
Investing Regulations
The number of people who are investing in the stock and bond markets through various ways has increased significantly, and the demand for innovative and complex investment products has also gone up. To meet the growing demand for investment products, the government has created regulations to manage and regulate investing at all levels. Examining how […]
The Financial System
A financial system is a set of institutions, such as banks, brokerage firms, and stock exchanges, that allow the exchange of funds between financial market participants such as investors, lenders, and borrowers. Financial systems exist on local, regional, and global levels, and include rules and practices that borrowers and lenders use to decide which projects get […]
The Economic System
When we invest money into the economy, we are investing in companies that create and distribute goods and services, or we can be investing directly in the raw materials known as commodities like gold, corn, or oil and gas. So, it’s a good idea to have a working knowledge of economics. Economics is the study […]
Investment Professionals
Investment professionals are advisors who help manage financial risk and build wealth over time. They support you in achieving your financial goals. Much like medical professionals who specialize in specific areas, investment advisors come from different backgrounds and offer a wide range of services. Investment advising involves all aspects of wealth creation and preservation, including […]
Insurance
In society, we interact with insurance in many ways, and the intent is always to reduce financial loss. The process of investing in insurance began hundreds of years ago when merchants formed associations, known as guilds, between them and craftsmen to protect their products against loss. These guilds began to mutually protect merchandise being transported […]
Portfolio Diversification
“Tis the part of a wise man to keep himself today for tomorrow, and not venture all his eggs in one basket.” ~ Miguel de Cervantes: Don Quixote de la Mancha What is portfolio diversification? Portfolio diversification is the process of investing in various types of investments such as stocks, bonds, index funds, mutual funds, […]