• be friendly
  • smile at others
  • listen, just listen.
  • try not to criticize, judge, complaint or insult others
  • show and tell others you appreciate them
  • talk about what they want and not what you want
  • see things from both the other person’s point of view and your point of view
  • become genuinely interested in the other person (make it about them)
  • address people by their names
  • talk about what they are interested about
  • avoid arguments- it’s a lose lose situation
  • emphasize the things you agree on and your end goals
  • make suggestions instead of giving your opinion or orders
  • use “and” instead of “but”
  • begin with praise and honest appreciation before suggesting something
  • talk about your mistakes before correcting others
  • be sympathetic with the other person

Inflation affects us all, some disproportionately more than others. The biggest groups negatively affected are the middle class and individuals who earn a fixed salary. This is due to the fact that the value of our currency decreases over time as the central bank prints more money to pay for unexpected events such as the Covid-19 pandemic or to fund a war. This growth in the money supply (and decrease in the buying power of the currency) is called inflation. As a result, the currency will lose value, prices will increase and our money will buy us fewer goods and…


In the world of finance, the majority of products and instruments are calculated by interest and percentage. These vary from microeconomics — debts, investments, savings accounts to macroeconomic measurements — inflation, deflation, and unemployment rate. I know these could feel like basic concepts, however, the idea is fundamental to your financial success.

Interest is the cost of using another person’s money. When you borrow money (loan or mortgage), you pay interest. When you lend money (depositing money in a savings account), you earn interest. The amount of interest to be paid or collected is usually stated in year-long periods known…


There is a common misconception around investing (and Wall Street); many people think that you have to be intelligent to outsmart everyone. It has been proven that it is impossible to improve your odds beyond the average. All the investment managers, brokers and quants (quantitative analysts) are no better at picking stocks than monkeys. Nobody knows if the stock market will go up or down. Because of this misconception, many people give their money to investment firms to invest their money for them in exchange for a fee.

Burton Malkiel is an economist and author for a famous financial book…


The Modern Banking System

Banking is one of the least understood businesses throughout history, and yet, they are the very places that we dump our life savings. How does modern banking work? Banks make money through the interest on their loans, mortgages and other financial products. Now there is nothing inherently wrong with that. In fact banks play a crucial role in our economy and the way we live. With that said, banks are the only business that are legally allowed to print money.

Here is how it works. Say you want to deposit your paycheck of $10,000 into your bank account. The bank…

Jonathan Chao

tw: @jonathan_chao // Investor and reader

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