Learn more about moneyandinvestments with this collection
How to create a diversified portfolio
How to analyze stocks and bonds
Understanding the basics of investing
The value of gold
Some people think that gold has no intrinsic value and that gold's only worth is as a material to make jewellery. Others assert that gold is an asset with various intrinsic qualities that make it unique for investors to gather in their portfolios.
- Most would agree that gold has always had value - as a component of jewellery, sometimes as a currency, and as an investment.
- Another part of the value of gold is it's appeal to mystery. Something about the warmth of gold touches our human need for comfort and nurture.
62
602 reads
MORE IDEAS ON THIS
Gold as a method of exchange
In the old days, a coin of some metal was easier to exchange than to implement a barter system. Of all the metals, gold was the logical choice.
- Metals like iron, lead, copper, and aluminium are prone to corrode over time.
- The "noble...
59
432 reads
Gold, psychology, and society
If the modern paper-money economy were to collapse, we would fall back to gold.
- People need to find ways of working together, which leads us to find ways of exchanging goods and services.
- Gold is the logical choice of this exchange as it is one of the only substances on eart...
61
460 reads
CURATED FROM
CURATED BY
Related collections
More like this
The Value of Cryptocurrency
Digital currencies are tricky when it comes to their value.
Initially, they had value due to their being encrypted and secure, and now there is some fluctuation.
Cryptocurrencies have an intrinsic value mainly because of the mass adoption of the currency and the buyers, who sp...
The Benefits of Learning
- Many people seek to learn as the opportunity arises even if the reward of the game isn't of any material value, that is why many people still enjoy playing sudoku amongst other things.
- The motivation to join in an intrinsically rewarding activity ...
#3. IN THE MIDST OF CHAOS, THERE IS OPPORTUNITY
Every conflict creates an oppurtunity. Warren Buffet says, the best time to invest is when everyone sells out of fear & prices hit the floor, maximizing the value of your investment. So, as a leader continue to make strongly informed, rational decisions and n...
Read & Learn
20x Faster
without
deepstash
with
deepstash
with
deepstash
Access to 200,000+ ideas
—
Access to the mobile app
—
Unlimited idea saving & library
—
—
Unlimited history
—
—
Unlimited listening to ideas
—
—
Downloading & offline access
—
—
Personalized recommendations
—
—
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates