Starting today, we will be putting together a collection of articles we found on the interwebs that make for good weekend reading. These ones will start us off.
1. Marital Discord: If It’s Not Sex, It’s Money
There’s a fundamental problem here. According to her definition, as long as you can get up in the morning, turn up the heat, have your coffee, bagel, read the paper–as long as life as you know it goes on–you’re not broke.
My heroine lends money to villagers for business or whatever needs they might have at 10% per week. Well, the language is different, “for every Kshs 1,000 you borrow, you return with Kshs 100 as interest”. The most shocking thing is that the borrowers actually pay back!
3. The Sword of Excessive Observation
One of the temptations traders must come to terms with is the frequency with which they observe their positions. Instinctively most swing and even position traders want to keep tabs on their positions not only day to day, but minute to minute. Excessive observation is the proverbial double-edged sword boasting both pros and cons.
4. Why Millennials Are Spending More Than They Earn, And Parents Are Footing The Bill
Older generations define luxury based on the price tag. The younger generation bases [the definition of luxury] more on functionality. There are some things they just can’t live without
5. The growing part of the pyramid
The floating middle class has grown to over 20% of the population. This segment between the poor and the established middle class, is the only part of the economic pyramid that has had significant growth over the last 20 years achieving 100% growth in the last 30 years.
Enjoy the reads and the weekend!