Recession has officially ended BUT…

On 20th September 2010, it was announced that the US was out of recession officially. National Bureau of Economic Research (NBER) released the report. It stated that the recession officially ended in June 2009. The recession, which started in Dec 2007, lasted 18 months. It was the longest recession since World War II.  How did NBER … Continue reading Recession has officially ended BUT…

Wall Street 2: Money Never Sleeps

Wall Street 2 is going to be released tomorrow in Singapore. Wall Street 2 is a sequel to Wall Street which was released in 1987. A tagline in the movie goes "Greed is good!". This certainly doesn't apply to investors who are looking to accumulate wealth slowly through the effect of compounding. Greed is a … Continue reading Wall Street 2: Money Never Sleeps