Showing results by author "iMinds" in All Categories

Learn about derivatives with iMinds Money's insightful fast-knowledge series. In economics, a derivative is defined as a financial instrument or an “agreement” between two parties that is based on an “underlying” and generally tangible asset, such as a stock or a commodity.

The French Revolution came about because of a long-held displeasure at how the rich lived. While the rich lived comfortably, the common people were forced to pay taxes too high for them to pay. And there was not enough food produced for them to eat. French peasants became so impoverished that visitors to France said many of them were as skinny as skeletons.

Learn about Gold Trading with iMinds Money's insightful fast knowledge series. Gold trading is the investment in and trading of gold as a commodity. It is similar to trading in other commodities such as oil or wood, though there are factors that differentiate it. Gold has represented money and wealth for millennia in different forms. In the present day, we are able to freely own and trade gold in various forms, from gold bars to shares in gold mining companies.

According to most economics textbooks, human beings are super-rational creatures who know what is in their own best interests and always act accordingly. When making a decision to purchase, the rational consumer would not buy something on the spur of the moment, or on the recommendation of a friend. Sound realistic?

Learn about the science and history of dinosaurs with iMindsJNR audio-learning series for younger minds. Huge and sometimes ferocious, dinosaurs ruled the earth for more than 175 million years. To us, dinosaurs might be scary-looking. But humans never had to fear dinosaurs because they died out 65 million years ago, a long time before the first people were around!Dinosaurs lived in a period called the Mesozoic era, which began about 240 million years ago.

Learn about short selling with iMinds Money's insightful fast knowledge series. Short selling is the practice of selling borrowed stock at a high price and then buying back the stock at a lower price. A short seller expects to profit from the fall in a stock's price. The more common investment practice is to “go long”, that is, to buy stock with the expectation of the price rising in the future. Simply, a short transaction sells high and buys low, while a long transaction buys low and sells high.

Learn about the story of Dante’s Inferno with iMinds insightful knowledge series. “Midway upon the journey of our life, I found myself in a forest dark, For the straightforward pathway had been lost.” So begins the classic text of the Inferno, a medieval poem written in 14th century Italy. Along with its sequels, Purgatorio and Paradiso, it makes up the classic Divine Comedy. But what is the poem about? In the Inferno, the narrator of the tale travels through hell.

Learn about securitization with iMinds Money's insightful fast knowledge series. Securitization as a financial term has evolved over the decades, as different methods and products have developed from the process. At a basic level, securitization is the process of taking an illiquid asset, or a group of relatively homogenous assets, and through financial engineering, transforming them into a security. The assets are pooled together and repackaged into a single security, which is then sold to investors.

Imagine a sea of sparkling, clear blue water speckled with multicoloured coral. Imagine crabs, turtles, dugongs, sea snakes and hundreds of species of fish swimming among this coral. Now imagine this scene stretching out for more than two thousand kilometres, or 1240 miles! This is the Great Barrier Reef, which is so expansive it is said that if you dived along it every day of your life you would not see it all.

All good business ideas need some form of money in order to grow. Whether a business is brand new or still emerging, it is critical it has money to move forward. When a business starts out, money is generally invested by entrepreneurs themselves. Also, an entrepreneur’s family and friends often invest in the business. But what happens when more than the available money is needed to take a business to the next level? Who can the entrepreneur look to, to realise their dreams?

Learn about Carbon Trading with iMinds Money's insightful fast knowledge series. Carbon trading is a scheme designed to curb the amount of greenhouse gas emissions companies produce. This is due to the widely-held view that such emissions negatively impact the planet. Carbon trading forms part of the carbon market, which can be divided into two main categories. The first of these is project-based transactions.

The dome of St Peter’s Basilica is one of the most iconic images of Rome. The church attached to it drips with the splendour and marvels of a religion that has asserted world dominance over its two-thousand-year history. It is the largest Christian church on the planet. But perhaps even more than a beacon of Catholicism, St Peter’s Basilica is a monument to artistry and culture.

Sovereign debt is the debt of a country or government. This debt is usually comprised of bonds issued by the government. Sovereign debt can be contrasted with government debt. Government debt is when bonds are issued in a nation’s own currency. Therefore, this debt is mostly created within a country’s own economic boundaries. Sovereign debt, however, is created from bonds issued in foreign currencies or through loans.

Learn about Mutual Funds with iMinds Money's insightful fast knowledge series. A mutual fund is an investment vehicle that allows a group of investors to pool their money, allowing a professional to collectively trade securities on their behalf in exchange for a small fee. The pooled funds are used to purchase a diverse range of assets and provide a return to the investor.

Learn about Murphy's Law with iMinds insightful audio knowledge series. Murphy's Law is a tongue-in-cheek and rather pessimistic adage of eight simple words: Anything that can go wrong will go wrong. The translation of these words into "Murphy's Law" was in honour of US aerospace engineer Edward Aloysius Murphy Junior.

Learn about the development of photography with iMindsJNR audio-learning series for younger minds. Before the photograph was invented, the best way to capture an image was by painting it. You can imagine how long that would take! In 1990, Kodak unveiled the first widely available digital camera. These days, through many advances in technology, we can store hundreds of images on a single camera, ready to print or upload onto a computer whenever we like. But how did we get from paintings to digital photography?

Learn about the game of Poker with iMinds insightful knowledge series. Poker is a family of card games, first popularised in the United States, and now played throughout the world. Traditionally played with a deck of fifty-two cards, it has many rule variations and is played at both amateur and professional levels. Regarded by many as a game of equal parts luck and skill, poker is a mainstay of modern popular culture.

Learn about the theory of Evolution with iMindsJNR audio learning series for younger minds. Evolution is a theory which explains how life on earth developed. At its heart, it proposes that all species, including human beings, are formed by way of a gradual process of mutation from other species. According to this theory, humans are related to gorillas and reptiles because they share common ancestors.

Two thousand years ago the mighty Roman Empire spanned most of Europe, Asia Minor and North Africa. At its heart was the capital city of Rome, the city to which ‘all roads led’. Inside this city, the great ruins of the Colosseum are a lasting reminder of the majesty of this great empire. But the gigantic sports arena that is the Colosseum also reveals a dark side of ancient Rome. For the arena’s purpose was as a ground for gladiatorial combat. And in its wildly popular four-hundred-year history, the Colosseum would witness the deaths of thousands of humans and animals.

Learn about the discovery of Atoms with iMindsJNR audio learning series for younger minds. How is your body similar to the chair you are sitting in? Both things are made up of atoms! In fact, almost everything in the entire universe is made up of atoms. They are the building blocks of matter.