I’ve been experiencing a writer’s block since my birthday last June 9. A writing crisis perhaps. I drafted a few articles intended for the Philippine Independence Day, Father’s Day, and my Father’s death anniversary but never got the chance to finish all of them.
Nevertheless, time has been so precious these days as I’ve been enjoying a lot of quality hours with my family. I also get to answer tons of emails and inquiries in our forum and social sites about how to improve their finances and how to start investing in various financial instruments. There’s actually no crisis in sharing and promoting financial literacy to others.
But one part of teaching about investing is to let them know that risks exist and that we can not eliminate them. We can only reduce them. So it is very important to understand how the whole economic system works and what the risks are before we decide to enter the world of investments. Continue reading The Global Financial Crisis Explained