Category: Finance
-
Debt – good or bad for a company?
Financial gurus will tell you to keep debt down. There are some quibbles over good and bad debt, where some will argue that you should take a mortgage because of the historical trend of appreciating property prices. Many would argue that taking a loan out to buy consumer items with little chance of price appreciation…
-
The efficient labour market hypothesis – on passion
“Love your job and never work a day in your life.“ It’s a great platitude to work for a passion. Unfortunately, unless you have a niche interest, following your passion is unlikely to result in financial upside. The depressed pay of “socially-helpful” jobs A large number of individuals are drawn to do good, or pursue…