Personal Finance
Hello, financial aficionados! By now, you've likely heard about the GameStop drama that took place in early 2021. If you haven't (were you living under a rock?), get ready for a deep dive into one of the stock market's wildest tales. But before we
Personal Finance
As many people around the world have just finished their summer vacations, I thought reflecting a bit on summer spending habits could be useful. This is because summer, with its sunlit days and beckoning beaches, tends to tease out the spender in many of us. The unexpected cost of warmer
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Welcome to your one-stop resource for understanding the complex world of central banking, where we'll be peeling back the layers to examine the roles and functions of these financial titans. We're diving deep into what a central bank is, what function it performs and use examples
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In the past couple years, Governments and Central banks have been busy adjusting their fiscal and monetary policies, to absorb the different financial and economic shocks caused by a plethora of global events (the COVID-19 pandemic, raw material shortages, geopolitical issues, etc.). Therefore I thought it might be useful to
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