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The sliced bread loaf

Convenience saves time, as well as money in the long term (often by saving time) and helps with quality of life in terms of ease and stress reduction. But there’s benefit we haven’t yet credited convenience for: it’s ability to allow us better relationships with the ones we love. When sliced bread first came out, it was a revolution, hence the saying ‘the greatest thing since…’ According to Wikipedia, it was first sold in 1928 and […]

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The Smartphone – Convenience To Thrive

One of the biggest leaps in technology making our lives more convenient has been the evolution of the smartphone. It’s one of this century’s most convenient contraptions is used by over 5 billion people, and is probably in your hand (or your pocket) right now. When Steve Jobs came on stage holding a funny-looking device 12 short years ago, everyone in the world lost their minds. We already had the Blackberry, and an inkling of what […]

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The Shopping Mall – Convenience to thrive

Just imagine: you go to buy a suit, then walk twenty paces and are at your local grocer, able to buy food for supper. You don’t need to go to your local butcher or fishmonger because they’re both in there, and the locksmiths and dry cleaners can be reached in less than five minutes’ walking. You can even pick up some cat food. After all that, you’re even able to sit down to tea, right there, […]

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The Lazy Susan – Convenience to thrive

There is a common misnomer in finance and in life: if I want good stuff, easily accessible to me at all times, I’ll need to pay exorbitant amounts of money for it. To this, we ask the question: ‘well, what would make you feel rich?’ Often it’s the experience of having exactly what you want at your fingertips, whenever you want. Enter… the Lazy Susan. Anyone born after the 80’s likely doesn’t know what a Lazy […]

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Explaining credit risk

Last month we talked about interest rate risk – the risk of your investment devaluing and you losing money due to changes in interest rate. In a sense, this is about an investment’s possibility of flailing due to macroeconomic conditions. This month, we’re going to look at credit risk.

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