How to Invest Intelligently Steps 10-12. This part is all about getting some of our thinking sorted….. 10. Understand the difference between investing and speculating When is investing not really investing? When it’s speculating! What’s the difference? Speculators seek to make abnormally high returns from bets that can go one way or the other, very […]
investing
Saving Money – Is It Really Necessary?
Saving money was one topic we discussed at a recent Q&A session with a group of young twenty-somethings. They had loads of questions based on their frustrations with money and I had a question for them too. Me: What do you know about managing money? Them: That we should save it. […]
Shades of Grey
We tend to be rather black and white with our thinking, in the western world. Did you know that the Chinese outlook is different – with no clear division, but rather a continuum of shades of grey? We assess people, and things as either good or bad. After some consideration, we rate it as a […]