Author: Bonifac

Do you want to get into the world of online finances and don’t know where to start? If so, then I’m your man. Whether you’re interested in the newest crypto-trends or the economical history, I’m sure there’s something for everyone.

Adam Smith was an 18th century Scottish economist, philosopher and writer who is considered the father of modern economics. But why is that? The main ideas of Adam Smith can be found in the following lines. These ideas should be familiar to anyone interested in society, economics and investing. Smith opposed mercantilism and was a major proponent of laissez-faire or free market economic policy. In his first book, The Theory of Moral Sentiments, Smith proposed the idea of the invisible hand of the market. This is very well known to this day and is a certain prerequisite for the functioning…

Read More

Investing in real estate is one of the most reliable ways to save money. An insured property rarely ever loses value and, what’s more, it can earn its owner a decent income while sitting at home if rented out properly. Why invest in real estate? There are at least 4 main reasons or answers to this question that must make anyone considering an investment think. Real estate investing is, in short, an opportunity that must be considered by anyone with some money to spare. Return on investment in property Low risk of losing the investment Excellent liquidity in real estate…

Read More

Robert Kiyosaki used to be THE top personal finance guru. His name and book have practically become synonymous with what financial management of household operations should look like. There are plenty of people who have enthusiastically read the book “Rich Dad, Poor Dad”. But when his own company went bankrupt, and when the enthusiasm wore off, skepticism about what he was actually teaching in his book began to emerge. So let’s take a look at which advice has survived the test of time and the initial hype. 1. Financial education and thrift One piece of basic advice that will always…

Read More

Tulip crisis, tulip fever, the first economic bubble or the Dutch tulip bubble. These are just a few of the most common names for a key event in the emergence of capitalism, with the most significant milestones taking place between 1634 and 1637. It is one of the most famous market bubbles and crashes of all time. It occurred in Holland in the early to mid-17th century, when speculation drove the value of tulip bulbs to extremes. At the peak of the market, the rarest tulip bulbs sold for up to six times the average person’s annual salary or the…

Read More

Audible is one of the world’s biggest sources for audiobooks. And because the market for audiobooks has seen an explosive grow over the past few years, let’s take a closer look on how you yourself can make money using only your voice. Audible offers many services to help you make money from your audiobooks and podcasts. The platform itself is owned by Amazon and offers over 3 million audiobooks for you to choose from. From new fresh releases to beloved classics Although there are other audiobook distributors like Google Play and iTunes, Audible has amassed a greater amount of professionals…

Read More

YouTube is the second most visited website in the world, just behind Facebook. Half of YouTube’s visitors use it daily. Around 25% of the total internet traffic is towards YouTube. The average YouTube visitor watches an average of 40 minutes of video a day. I think it’s no surprise that those who visit it daily are mainly millennials. YouTube is used daily by 37% of 18-34 year olds. As a result, tens of thousands of people are making money through this platform. Some of them have even become multimillionaires…But how can you harness the power of YouTube for your own…

Read More