Money Archives

Learn Forex: Best Blogs, Books, Courses, & Podcasts

Are you a foreign exchange (Forex) trader? Perhaps you aspire to become one but aren’t sure where to start? What are the best resources to get market insights and learn Forex trading? With its low capital requirements and ease of entry, Forex trading is an attractive way to earn some extra cash— and is even some people’s primary source of income. While the barriers to entry are relatively low, Forex trading is complex and requires specialized knowledge. In this article, we’ve rounded up a list of the best resources to learn Forex, including books, blogs, courses, and podcasts.

Best Stock Market Resources: Books, Blogs, & Podcasts

Are you interested in trading stocks but not sure where to start? What are the best resources to learn stock trading from? When it comes to stock market investing, especially if you want to build a portfolio of individual stocks (as opposed to investing in index funds), quality information is critical. But sifting through all the noise is difficult and time-consuming, especially if you are a beginner. Here are our picks of the best stock market resources, including books, blogs, and podcasts.

Best Frugal Blogs & Websites to Follow in 2022

What does frugal living mean? What are the best frugal blogs and websites to follow currently? How can you begin living more frugally today? Many people are feeling the effects of rising inflation, especially within the last year, and this has caused more interest in wise spending habits to make your money go further. Living a frugal lifestyle simply means saving more than you spend, and when you do spend money, spending carefully by researching the most affordable options before making a purchase. If you want to learn more about frugal living, read on for Shortform’s selection of the best

Why Do People Donate to Charity—Really?

Why do people donate to charity? Do they truly care about the cause—or just how they look to others? In The Elephant in the Brain, Kevin Simler and Robin Hanson argue that charity isn’t just about helping others—it’s also about showing off how compassionate and benevolent you are. This is part of their general argument that human behavior is driven by selfish motives. Continue reading to learn more about this theory.

Social Signaling Through Spending: Why We Buy Stuff

Why would someone buy a Tesla? Why do some people post photos of their glitzy hotel rooms on Instagram? Just as body language allows us to communicate about things we’d never put into words, Kevin Simler and Robin Hanson argue that many of our actions double as social signals or conspicuous fitness displays. This is especially noticeable when it comes to how we spend our money and other resources. Read more to understand the concept of social signaling through spending.

Why Don’t Rich People Pay Taxes?

How Economic Outpatient Care Leads to UAW Children

Why don’t rich people pay taxes? Is the American taxation regressive or progressive? In the U.S., most of the tax burden is borne by low- and middle-income earners. The reason for this is that American taxation is regressive, pulling the bulk of public funds from taxes that come from regular families while a large portion of American wealth remains in the pockets of the ultra-wealthy. Here’s why the ultra-rich pay less in taxes.

Startup Assets: Your Unfair Advantage?

How much can you invest in your startup? How much of a financial leg up can you give your new business? If you have sizable assets to invest in your startup, you have a leg up over the competition. Valuable assets are one of the unfair advantages identified in the book The Unfair Advantage by entrepreneurs Ash Ali and Hasan Kubba. The authors discuss a potential drawback of assets, how to know if your assets are your unfair advantage in particular, and how to improve and make the most of your assets. Keep reading to learn about the unfair advantage

Calculating Investment Risk Using Probability

How do you calculate investment risk? What do you need to know to calculate the expected payoff of a financial investment? Investors often use probability to assess risk when making financial decisions. This is typically done with a statistic called an “expected value.” To calculate the expected value of a financial investment, you need to know the probability of each possible outcome and its respective payoff. Here’s how to use the expected value statistic for calculating investment risk.

The Great Wealth Transfer Is Coming—Here’s Why

What is the Great Wealth Transfer? Should you worry about it? Inherited wealth will come to account for a much greater share of overall wealth than that earned through work and savings. This is because of the Great Wealth Transfer, where baby boomers transfer their wealth to the younger generations. Learn more about why the Great Wealth Transfer is coming.

Capital in the Twenty-First Century by Thomas Piketty

Guaranteed Basic Income: Creating A Better Tomorrow

What is Capital in the Twenty-First Century about? Why does Thomas Piketty believe capitalism generates economic inequality? In Capital in the Twenty-First Century, Thomas Piketty analyzes national incomes, income tax returns, estate tax returns, and other financial data across multiple countries and centuries. The result is a groundbreaking study of the history of economic inequality and its implications for 21st-century society. Keep reading for an overview of Capital in the Twenty-First Century by Thomas Piketty.