moneyFYI
Financial Freedom Is Merely Organized Common Sense
Category: Decision Making
More On Why You Need A Lawyer
It is far easier to get into trouble than to get out. Avoidance then becomes the important element. Most of us do not have the detailed awareness to help us avoid some of the common problems. For example, Toronto are law firm Pallett Valo… Continue Reading “More On Why You Need A Lawyer”
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Understanding Economics
Why is economics known as the “dismal science?” Economics deals with scarcity and how people address that problem. Scarcity, and doing without, and envy, all form a part of why it is dismal. No one wants to think about that aspect of life. We… Continue Reading “Understanding Economics”
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What Would You Do?
Suppose you are on the 22nd floor of a hotel. You receive a call identified as security at the front desk. The person tells you: There is a leak in a gas line on your floor. You must place wet towels across the door… Continue Reading “What Would You Do?”
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I Hope I Break Even
There are many people who invest in stocks without understanding what is happening. The following may supply some insight. When you buy a stock you are buying a business. A tiny part of it, but the same rules apply to value as if you… Continue Reading “I Hope I Break Even”
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Another Dimension To Problems
Problems are not independent of the tools that solve them. When I was at university in the mid 60s, a byte of RAM or a byte of disk storage cost roughly $1.00. Something around $8.00 in today’s money. A 4k RAM card would cover… Continue Reading “Another Dimension To Problems”
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A Step In Managing “Then” Money
Should you pay down personal debt or save for the future? Both are “then” spaces, so in a way equivalent. There is an easy answer. It depends. Advisors can analyze this. The problem has traditionally been that they do not and instead rely on… Continue Reading “A Step In Managing “Then” Money”
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Innovation Will Change The World
A problem is only a problem if you don’t know how to solve it. When I was at university, the person in the next room in residence was beyond capable in math. His view of problem sets in advanced calculus could be summed up… Continue Reading “Innovation Will Change The World”
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“The Voters Are Stupid”
The passage of Obamacare was by fraudulent means. If a business, say a drug company, manipulated information the same way, everyone would go to jail. It is a pity that the purveyors had to revert to fraud, because the fundamental idea of looking after… Continue Reading ““The Voters Are Stupid””
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Feeling Is Not The Same As Thinking
Is education failing? Perhaps. If so, how? We can all agree that a large share of what we learn in school is not useful or important. Does it really matter when Christopher Columbus discovered America? Or even if there was a Christopher Columbus? Education… Continue Reading “Feeling Is Not The Same As Thinking”
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Advertising Can Tell You More Than You Think
Does advertising work? Apparently yes. The question you should ask yourself is what is the advertiser trying to tell you? Advertising comes at us in several forms. There are image ads favoured by prosperous companies intent on building their brand. The ad will be… Continue Reading “Advertising Can Tell You More Than You Think”
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