Financial Literacy (or lack thereof…)
Sometime late last year, when I was reading the day’s news, I came across an article by Cullen Roche (link) about just how lacking most people’s knowledge of basic finance truly is. As usual with such...
View ArticleMy answer to Quora question “How can someone predict stock behavior?”
I’ll just copy and past for your convenience, wouldn’t want you to waste your time by making you click on a link to take you to another website. Buy an index and it will end up having a higher value if...
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Quora Answer for “What are your views on the concept of US entering...
Honestly, my viewpoint is that you should try getting your news from different sources. Let’s start with quantitative easing and the fact that increasing the money supply does not mean that inflation...
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My most popular answer on Quora so far…
God this was the most boring question I’ve answered so far and somehow this is the one everyone has to read and upvote. Seriously, it took me 5 minutes to write this and there was nothing fun or...
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Nonsense About the Federal Reserve
The question “What’s unhealthy about the Federal Reserve system as illustrated below?” was posted on Quora along with the following picture. Picture made by someone with a preschool understanding of...
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Critical Problems with Cryptocurrencies – Introduction
It’s probable clear if you have read any of my other posts that I am fairly active on the question and answer site Quora. I generally answer questions in the finance category and I like to focus on...
View ArticleAnswer to “What are some arguments for the abolishment of the United States...
You believe the picture that I responded to here: Robert Singarella Jr.’s answer to What’s unhealthy about the Federal Reserve system as illustrated below? You didn’t read my answer. Some nonsense...
View ArticleAnswer to “Why do interest rates tend to have an inverse relationship with...
First, they don’t ‘tend’ to have an inverse relationship with bond prices. Interest rates and bond prices are inversely related.* The reasons are not too complicated. Consider buying a 10 year bond...
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Answer to: If Bitcoin is a bubble, what will make it burst?
This is a rather interesting question and I don’t think any of the other answers really go deep enough. Let’s start by talking about what a bubble actually is; from wikipedia: “An economic bubble...
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I’ve Been Asked: “What knowledge do I need to start investing in the stock...
When I looked at my email this morning, I noticed that, for the first time in a while I had a request from Quora. The question I was asked to answer is, of course, the question in the title of this...
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