Acha Etiendem

I don't know what brought you to my blog, but where I come from, it is a sign of respect to welcome/greet every stranger you encounter. In that spirit, I say thank you for checking out my tiny blog and spending your precious time entertaining whatever nonsense I have to say, haha! You'll probably have noticed from my previous posts that I greatly monitor interest rates and quite actually love them. You may have wondered how I use them to make money or guide my investments. Before we get into the nitty gritty of this episode, I want to clarify that I don't know anything and I'm just literally taking on risk based on my research on market behavior around interest changes and/or perceived future of interest rate changes. Look, you don't need to be an expert and you certainly don't really need an expert to invest successfully. The chart below will tell you why. If you just buy assets and hold them for at least 4-5 years during times of high interest rates, you'l...

I welcome you once more to my corner. I have not posted since January for the right reasons. Now that quarter one (Q1) is almost over, I know it's necessary to give a follow-up of my New Year's speech. Let's get to it. It's all about interest rates and the message hasn't changed.  What a show Trump has put on in DC. Trump came in threatening that Jerome Powell resign because Powell and co have kept rates high, despite Trump seeking lower rates.  He quickly realized or was cautioned that such an approach would not work. On 01/01/2025, I wrote that our focus should be on the US Federal Reserve (FED). This bank (if you choose to call it a bank) is the most powerful institution in the world and I want to add now that another department we need to quickly update ourselves about is the US treasury, championed by its secretary, Scott Bessent. Collectively, these guys all want lower interest rates. The FED will not drop rates until the incoming data suggests it is appropria...

 Happy New Year!!! Due to my geographical location, I was among one of the last regions to enter 2025. By the time midnight came around for me, most people had already celebrated the New Year. Well, we're all in 2025 now, and it's that time of year when I engage you again about the year ahead and what I thought of the previous year.  You know me by now to some extent that I'm mostly writing about finance and money since 2021. It's a personal task I decided to embark on to learn by doing and not follow the normal education route required for such disciplines. This has meant more of my time is spent studying economies, how inflation and central banks work their way around money, what roles politics plays in all of it, and the most important part of it all; personal finance. Famous motivational speaker Les Brown once said and I paraphrase " If you regularly read a lot of books about any particular subject for at least 5 years, in that time, you'll become one of th...