In personal finance, the traditional narrative often revolves around the importance of income as the primary driver of wealth creation. From securing higher-paying jobs to climbing the corporate ladder, the focus has long been on increasing one’s earnings to achieve financial success. However, what if I told you that there’s a counterintuitive concept that challenges… Continue reading Wealth Creation Centerpoint: Spending Money, Not Income
Political Economy
Political economy is a field of study that looks at the interaction between politics and economics. It seeks to understand how political institutions and economic systems shape each other and influence various aspects of society. By examining the relationship between politics and economics, political economists can gain insights into the distribution of power, the allocation… Continue reading Political Economy
Disguised Unemployment
Disguised Unemployment Unemployment is a pervasive issue affecting economies worldwide. While traditional unemployment refers to individuals actively seeking jobs but unable to find them, there is another form of unemployment that often goes unnoticed – disguised unemployment. What is disguised unemployment? Disguised unemployment occurs when a large number of people are employed in a sector… Continue reading Disguised Unemployment
Protective Put
Protective Put: A Strategy to Safeguard Your Investments Investing in the stock market can be a risky endeavor. While there is potential for significant gains, there is also the possibility of losing your hard-earned money. To mitigate these risks, investors employ various strategies, one of which is the protective put strategy. What is a Protective… Continue reading Protective Put
Box Spread
Welcome to our guide on the box spread strategy – a popular options trading technique employed by experienced traders. In this article, we will provide you with a comprehensive understanding of the box spread, how it works, its advantages and disadvantages, as well as some real-world examples. What is a Box Spread? The box spread,… Continue reading Box Spread
Junior Mortgage
Junior Mortgage – A Comprehensive Guide For individuals looking to buy a home, one of the financing options available is a junior mortgage. This type of loan is often used in conjunction with a primary mortgage to finance the purchase of a property. In this article, we will explore what a junior mortgage is, how… Continue reading Junior Mortgage