Debt is Good: Only for Investing & Business Though
When business and investment people are asked, what sort of criteria to make a investment or a business is an ideal one. One of the item high on the list is that the investment or business should not used their hard earn money. In other words: taking other people money (OPM) or having a debt.
On separate article (Debt Is Bad: Insight From Franklin and Gandhi), I have explained why having a debt is not really a good thing, especially if the debt is used for acquaring any kind of lifestyle product. So, what is the different now, why suddenly debt become a good thing to have ?
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Inflation Is NOT Price Goes Up: Common Misconception
If there is one thing that you need to know from ‘macro economics’ world, it is “inflation“. Contrary to popular believe, this word have no direct impact to our day to day life. But why people talk about this every day as if it’s a food or something? The reason is there is common misconception about the meaning of “inflation”. I explain in plain english that even a primary school student will never ever misunderstood this ever again. And by understanding it, you will see your finance position like you never seen it before ! Read more
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