economonkey

It’s been said that there are two types of people in the world: those who understand compound interest and those who are doomed to pay it. In this article we’ll investigate what that means and whether or not it’s actually true.
First, we need a definition of compounding and compound interest. When your interest is compounded […]

Ah, gold. So beloved of microchip manufacturers, Bond villains and high-maintenance women. This shiny, ductile, (almost) chemically inert metal has powers of heat insulation and electrical conductivity and so is often used - albeit in small quantities - in industry. It looks nice on your wedding finger too. But gold is much more than an […]

Those of you watching recent events in the financial markets might have seen the terms ‘carry trade’, ‘Yen carry trade’ and ‘YCT’ crop up a few times. This is often explained in the press as the process of borrowing money in a low-interest currency and investing it in high-interest one. Which is true, but there’s rather more […]