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What are “negative” interest rates?

The other day my mum asked me to explain negative interest rates. I realized I had no easy way to do this. It’s such a wacky concept: why would interests ever be negative? Under normal conditions, they wouldn’t. Which is why it’s easier to start with understanding positive interest rates.

Smoking: a 100-Year Story That Doesn’t End Here

Through the acrid haze, he can see the outline of the famous detective, Holmes, sitting in his dressing gown with a black clay pipe clenched between his lips. No children’s book would paint this scene today. But in 1902, it was common to read about characters lighting up cigarettes in a restaurant – it was a harmless vice, a gentleman’s amusement. Holmes smoking through a pound of strong tobacco, almost half a kilogram, was just what he did. Even kids recognized the iconic pictures of him smoking a pipe.

Investing in the Stock Market – The Basics

There are many reasons why people invest in the stock market. Some want to make millions overnight (unlikely!). Whilst others may want to invest in businesses that will grow over time. If you have any kind of retirement savings or pension you probably own stocks already. In this article, we’ll go through the absolute basics of what you need to know to get started.

How to secure bitcoin in your own wallet

Bitcoin is designed so that any user can safely secure their funds, without the need for a bank, exchange, or third party. In the previous article we discussed why keeping your Bitcoin on an exchange is a bad idea. In this article we’ll look at how you can fix that by setting up your own digital wallet.

Why you shouldn’t keep your Bitcoin on an exchange

One of Bitcoin’s biggest advantages over traditional finance is that you can safely store your Bitcoin in a digital Wallet, without the need for a bank. However, many new users choose to store their Bitcoin on exchanges, without being aware of the risks. In this article, we’ll unpack what those risks are. And in the next article, we’ll look at how you can keep your Bitcoin safe by setting up your own digital Wallet.

How to prepare for financial emergencies

We’ve all had that bad month. When you’re counting the hours to payday and living off the meal plan of a large squirrel and then BANG! Your car breaks down. Or a family member gets sick. Or your microwave explodes. Or all three. It’s at times like these that South Africans sigh and say: “put it on my credit card”.

Facebook’s Libra: The World’s First Corporate Digital Currency

On the 18th of June, Facebook announced the launch of Libra, a new digital currency. Not even two weeks went by before the U.S. Congress called for Facebook to halt all further development of Libra and summoned the company to a hearing. Since then, there have been discussions, press releases, and talk of a new bill that prevents tech companies from launching their own digital currencies.