Financial education

180 Articles 2 Followers


Are High Fees Good or Bad in Crypto?

16 Aug 2020 1 minute read 14 comments TheDesertLynx

No one likes paying high fees for anything, but whenever transaction fees go up on the major cryptocurrency networks, you'll hear people saying that it's actually a good thing. Which is it? Are high fees as symptom of the inability to properly scale...

Portfolio Up by 18% in Two Weeks. A Strategic Success Story.

7 Aug 2020 3 minute read 0 comments rah

Made it! So yesterday it finally happened. A couple of days ago I was delighted to report that I had achieved a first milestone in that I had briefly ‘come up and breathed pure profit’ and while my portfolio had once more dipped below the break-even...

Financial Technologist Koosha Azim Brings Stablecoin Education to Africa

25 May 2020 2 minute read 0 comments SEG

Koosha Azim is a Silicon Valley-born innovator exploring the emerging space of stablecoins. Mentored by Alyze Sam, he has begun operating financial education initiatives in Africa. From his home in the San Francisco Bay Area, Azim has lectured univer...

Kids and Crypto

23 Apr 2020 1 minute read 0 comments Reokijin

   As a father of four. It's only natural to start teaching them about cryptocurrency. So I was ecstatic to learn about Pigzbe. Pigzbe is not only educational but a wallet for kids. It has a great graphics to help show kids how money works. With it y...

Arjun Appadurai, "Banking on Words: The Failure of Language in the Age of Derivative Finance"

5 Apr 2020 1 minute read 2 comments rhyzom

Recently picked up this book of Appadurai's and have nearly finished it. Appadurai (who is an anthropologist recognized as a major theorist in globalization studies) is one of the few people out there whose work is focused on investigating the finan...

Avoid this sucker's deal

11 Feb 2020 1 minute read 0 comments Nengi147

“Suddenly, quite suddenly in the scheme of things, it seems like the obedient worker bought into a sucker’s deal.” – Seth Godin   I always say, the ancient idea of getting a safe, secure job and saving for the long term doesn’t work anymore.    Your...

Rich Scam

9 Feb 2020 1 minute read 1 comment Nengi147

Ever wonder why the first lesson in Rich Dad poor dad book is the rich don’t work for money?   It’s because the dollar (or any fiat money) is a scam…   Rich Scam : “The dollar has value.”   I can hear your doubt, or confusion. Let me explain…   Most...

Who stole your retirement

7 Feb 2020 1 minute read 0 comments Nengi147

Here’s today’s riddle:   Q: What is the bigger crisis than the huge 2008 crash that almost crashed the world?   A: The secret pension crisis.   The pensions of the baby boomers has been robbed and stolen. Think this does not affect you?   Your mom, o...

Are Index Funds in a Bubble?

28 Jan 2020 3 minute read 2 comments moneyredpill

If you don’t know who Michael Burry is, you should. He’s the guy who, in 2007, recognized the egregious, unsustainable U.S. housing-market bubble and imminent collapse, and made one of the largest, most successful ‘short’ trades of our lifetime. Fo...

Rich Dad "Sleep" Test

25 Jan 2020 1 minute read 0 comments Nengi147

When wondering how much money to invest in something, ask yourself this question:        How much can I risk and still sleep well at night?   If the value of your investment started to decrease, would you likely panic and sell? Or can you afford to h...