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Working 9-5, Why???

Have you ever wondered why we have to work 8 hours a day? You probably have, but you have never had a reasonable answer. Henry Ford, maybe? Yes, Henry Ford initiated the eight-hour workday in the modern business world as we know it today (which, for most of us, is more than eight hours). During the…

ByAllinAllSpaceFebruary 26, 20190Comments

Economy and FinanceStay up-to-date

Economy

Here’s Why the Israeli Shekel is One the Strongest Currencies in the World

Not many people around the world are aware of the fact that one of the strongest, if not the strongest currency in the world over the last years is... the Israeli Shekel. That is, of course, if we take aside Bitcoin. For the question of why the Israeli shekel is such a strong currency, economists…

ByAllinAllSpacePublished:October 3, 20210Comments 2Views 0LikesShare Post 7 minRead time

Career Economy Social Life

Here’s What You Need To Know About ProShares UltraShort ETFs

Ok, so here's a story. A few weeks ago I purchased ProShares UltraShort Bloomberg Crude Oil (SCO) at a price of $26.78. At the time of purchase, the price of crude oil was hovering around $99 per barrel. My feeling - crude oil is going to drop soon. My expectations - if the crude oil…

ByAllinAllSpacePublished:August 22, 20220Comments 2Views 0LikesShare Post 4 minRead time

Economy

Is the S&P 500 Biased to Rise Forever?

Did you know that If you had invested $100 in the S&P 500 at the beginning of 1957 and reinvested all dividends, your investment would be worth $76,135.59 by the end of 2024? This represents a total return of 76,035.59%, or an annual return of 10.36%. Adjusted for inflation, this investment outperforms, yielding a cumulative…