Personal Finance
When we speak of the Great Recession, we recall a period of profound economic turmoil that spanned from December 2007 to June 2009. The markets plunged, unemployment soared, and many industries crumbled under the weight of financial collapse. The Dow Jones Industrial Average took a breathtaking nosedive, plummeting 53.78%
Personal Finance
Did you know that during the Great Recession of 2008, the S&P 500 index plummeted by a staggering 57%? It was a scenario that caused sleepless nights and financial anxiety for many. In times of economic turmoil, protecting your investments becomes more critical than ever. That's
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The global population is undergoing a significant transformation, characterized by a remarkable increase in the number of seniors. By 2050, it is projected that the world will be home to 2.1 billion seniors, a staggering figure that demands attention and understanding of the economics involved. In the past this
Personal Finance
Wings of Wealth is a series of interviews with the Wealthy Parrot readers, focusing on their experiences and insights regarding financial freedom. If you want to tell your story, feel free to write me to info@wealthyparrot.com. Hi Ludwig and welcome to the Wealthy Parrot! As you know, we
Personal Finance
Special Purpose Acquisition Companies (SPACs) are becoming increasingly popular as a means of going public for companies. SPACs, also known as "blank-check companies," are formed with the purpose of raising capital through an initial public offering (IPO) and then using that money to acquire or merge with a
Personal Finance
I am not sure about you, but it seems to me that the plethora of AI platforms recently had a big bang moment, to the point that we went from "Ok assistant X play some music" to "Do my job as today I don't feel
Personal Finance
Are you looking to diversify your portfolio but not sure where to start? Exchange Traded Funds (ETFs) are a great way for novice and savvy investors alike to begin trading. With ETFs, you can easily access an array of asset classes without having to purchase thousands of individual stock shares.
Personal Finance
When it comes to evaluating the performance of an investment portfolio, most people (and financial institutes) use the historical approach. This means to look at how the portfolio would (should) perform in the future if the market conditions were the same as in the past. This is normally wrong because
Understanding inflation, deflation and stagflation can be confusing - what is the difference between them? Why are they important? When it comes to the economy, knowing and understanding these concepts can be very helpful in making savvy financial decisions. This blog post will explain each term, why they're
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Have you ever wanted to get a better sense of how the economy is doing around the world, but found it hard to wrap your head around complex economic indicators like the Gross Domestic Product or consumer price inflation? If yes, then you’re in luck! In this blog post
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With e-commerce volumes jumping forward an estimated 4-6 years due to worldwide lockdowns, consumers and merchants have increasingly looked to “Buy now, pay later” solutions to alleviate financial pressure and to meet online shopping demand, respectively. Today, BNPL reflects a small portion of the overall spending on payment cards (including
Personal Finance
Are you looking to expand your investment portfolio? Have you ever considered investing in bonds? Bonds are one of the most common investments and can provide a steady stream of income over time. If you're new to bonds or just want to brush up on some of the