Finance Test

Have you ever felt like no matter how much reading or research you do on the cryptocurrency market it’s never enough? Do you feel like you’re always too late to the party when it comes to investing in cryptos? That’s okay...many investors feel the same way. In fact, I get questions all the time from people just like you. Question like: What matters more when investing: technical analysis or fundamentals? And how will SEC regulation affect cryptocurrency? So, I’ve answered the most common questions from my email subscribers, forum users, and social media commenters....

Because the potential returns appear to be greater in poorer countries than in the developed world, modern economic theory implies that rich countries should continually invest in poor countries until returns balance out. In fact, this doesn't happen. Economist Robert E. Lucas Jr. asks why in his groundbreaking 1990 article, "Why Doesn't Capital Flow from Rich to Poor Countries?" The question has become known as the Lucas paradox. Lucas analyzes this, focusing especially on the role of human capital.

Max Weber was the first to identify beliefs and practices that influenced economic behavior. He found Catholics generally less motivated to succeed in business than Protestants because of their religious belief that everyone could achieve salvation. The branch of Protestants known as Calvinists, on the other hand, believed God determined everyone's salvation status before birth. Nothing a person might do on earth could save a soul marked for damnation.

Mahbub ul Haq died in 1998, three years after the publication of his important work, Reflections on Human Development. The book appeared at the end of Haq's impressive career in international development and described his revolutionary contribution to the discipline. In it, Haq argues that the goal of any society should be to improve the lives of its citizens, therefore economic development should support that aim.

In his 1936 book The General Theory of Employment, Interest and Money, Keynes argued that traditional economics has misunderstood the causes of unemployment. Employment is not determined by the price of labor; it is directly linked to demand in the economy. Keynes believed market economies are by nature unstable and so require government intervention. Spurred on by the social catastrophe of the Great Depression of the 1930s, Keynes set out to change the way the world thinks about economics.

Our Common Future is a joint work produced in 1987 by a United Nations commission headed by former Norwegian Prime Minister, Gro Brundtland. Intended to respond to a growing number of environmental concerns faced by the global community, it recognized the need for long-term strategies to manage natural resources. It says we must act collaboratively to protect the environment, while at the same time stimulating economic and social development.

More than 200 years after Adam Smith published The Wealth of Nations, governments around the world continue to address many of the issues discussed in the book. The most powerful states in the world are still committed to international trade, but questions are repeatedly asked about the role of governments in the economy and the effectiveness of the free market.

The truth is, yes, the NMLS exam is very difficult. It covers an extensive and broad assortment of information, and you never know exactly what they are going to ask you about so you do need to prepare for it all. However, this doesn't mean that you have to spend the next 20 years with your nose buried in a pile of study material.

You've often asked yourself what it would take to lead a wholly luxurious life once you’ve reached retirement; this highly exclusive circle where abundance reigns in an extraordinary million-dollar lifestyle is fully within your reach. You can achieve any of this, for there is a shortcut which allows you to access riches directly. However, to do so, you must forget everything you’ve learned about money. Noteworthy: This text is not a miracle recipe for riches, but rather a deliberate road map filled with good advice and common sense.

Get the main key insights from this summary of Tiffany Aliche’s Get Good with Money in just a short listen.

The complete summary of The Financial Diet by Chelsea Fagan. This is an all inclusive summary of The Financial Diet. In it you will learn the basic principles of money management. The Financial Diet is the ultimate guide for money management. This summary helps you gain a detailed understanding of the actual book. (Disclaimer: This is NOT the original book. If you’re looking for the original book, it is available from Amazon and Audible.)

Tony Robbins' best-selling book, Unshakeable: Your Financial Freedom Playbook, offers simple but sound financial advice to help anyone navigate the market and increase their wealth, no matter how little experience they may have. This SUMOREADS Summary & Analysis offers supplementary material to Unshakeable to help you distill the key takeaways, review the book's content, and further understand the writing style and overall themes from an editorial perspective.

When one thinks about Berkshire Hathaway, the business giant, we often tend to think of Warren Buffet. We know that Buffet is known to be a legendary investor, of that we cannot deny. Little do people know that the vice-president of Berkshire Hathaway is also a legendary investor in his own right. In this book we will summarize and discuss Tren Griffin's book Charlie Munger: The Complete Investor and learn more about Charlie himself. We will also discuss the concepts of value investing and other investment ideas from this icon of investing.

If you have been on top of the news as of late you would have heard of the various scandals and exposes of the rich and powerful sheltering their money in offshore tax havens. Tax havens are a very popular way for those who have the means to hide their assets from taxation as well as other legal proceedings. In this review of The Hidden Wealth of Nations by Gabriel Zucman, we will analyze, discuss, and summarize the book's key points.

Please note: This is a summary and analysis of Unshakeable: Your Financial Freedom Playbook and not the original book.

Rich Dad, Poor Dad: What The Rich Teach Their Kids About Money--That The Poor And The Middle Class Do Not!, by Robert T. Kiyosaki, compares the financial philosophies of the author's two fathers: his biological father - the poor dad - and the father of his childhood best friend, Mike - the rich dad. Throughout the book the author compares both fathers, and how his real father, the poor and struggling but highly educated man, paled against his rich dad in terms of asset building and business acumen.

In Barbarians at the Gate (1989), Bryan Burrough and John Helyar narrate the chaotic battles that ensued after news broke that food and tobacco giant RJR Nabisco was seeking an LBO as a solution for the drop in stock prices caused in part by CEO Ross Johnson’s restlessness and gravitation towards extreme actions and risks. What followed was a sequence of shocking surprises and interferences. The end result was the biggest deal done to date, although it wasn’t Johnson who harvested its glory.

Get the main key insights from this summary of Antony Lewis’ The Basics of Bitcoins and Blockchains in just a short listen.

No time to read? Get the main key insights from this Summary of Brad Stone’s Amazon Unbound in 23 minutes or less. A few key insights from Chapter 1: Amazon's buildings in Seattle's developing South Lake Union neighborhood, which the company moved into in 2010, were unremarkable physically. There was no conspicuous signage revealing the existence of a renowned online firm with almost $35 billion in yearly sales, at the request of its CEO, Jeff Bezos. Bezos had advised colleagues that nothing beneficial could come from that type of apparent self-aggrandizement.

Get the main key insights from this summary of Benjamin Lorr’s The Secret Life of Groceries in just a short listen.