Abacus Wealth Management

Your Weekend Reads

As we always do on Saturday morning, we travel the web and bring you five articles that we thought might keep you company. Here is a collection of the five we thought we should share this weekend. Have a fabulous weekend and enjoy the reads.

1. How price controls can lead to higher prices

Many policy makers and Kenyans think that interest rates ought to be capped at a certain level, especially following their sharp rise since the end of 2011. People are affected by high prices, and inflation has only started to come down over the last few months.

2. Ten Things Grandma Wishes You Knew About Money

Grandma and grandpa probably dish out advice on how to bake mouth-watering chocolate-chip cookies or how to change your own oil, but have they shared their wisdom on how to manage your money?  If they’ve been mum so far, now’s your chance to get that advice

 3.      All Hail the Generalist

 For various reasons, though, the specialist era is waning. The future may belong to the generalist. Why’s that? To begin, our highly interconnected and global economy means that seemingly unrelated developments can affect each other.

4. Ethics and a fool and his money

Some people say we all have a moral obligation to seperate fools from their money. That is nonsense of course. But how far would you go to protect a fool from losing his money? Especially if you are the person who he could be losing it to?

 5.  Financial Revenge of the Mainstream

 Have you ever navigated a bank or financial site, and tried to complete a transaction or upload a file, but found an inexplicable error?

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