The most common description of poverty sounds like “poverty is the state of having little or no money and few or no material possessions.” For me poverty is about the lack of opportunities to get out of the state of having little or no money and few or no material possessions. According to my description [...]

Recently I’ve been thinking about diversification and liquidity of assets. I realized that I didn’t pay much to what would happen to the liquidity of my assets in the case of a financial crisis, probably just like many other people. Most of my assets weren’t crisis proof even though they were diversified. So when [...]

Recently, I was thinking why Japanese are so rich, and a few ideas popped up. First of all about Japanese economy, Japan has huge money reserves and positive balance of trade. Even though, because of global financial crisis, gross domestic product fall 0.7% in year 2008, for 7 previous years economy was growing on [...]