The Difference Between A Good Investor And A Bad Investor

Many people invest in mutual funds. When I ask someone, who is investing in mutual funds, he answers: “But I am also investing. I have a portfolio of mutual funds. I also have bonds and stocks. Isn't this all investment?”. Yes, saving is also an investment. Buying mutual funds, stocks or bonds is also an [...]

Introduction to Economics # 1

Opportunity Cost Whenever you use a production factor it will have a cost. Why is that? The factors of production are limited, not unlimited. As a result, when you decide to use land, labor, capital, or entrepreneurship for one purpose, you lose the ability to use it for another purpose. Take, for example, labor - [...]