We are all familiar with “Buy Now Pay Later” schemes. We come across them every day.
A typical pitch is “Want to Buy something. Don’t have the Money now. Don’t Worry. We have your back. We have a special 0% interest (and no down payment) offer for you.”
And this is Serious Big Business as we live in a world of instant gratification.
This insightful tweet however covers the Ultimate Buy Now, Pay Later scheme.
Everything comes at a COST. Sorry a PRICE. There is nothing called FREE (or CHEAP).
If we get something FREE or CHEAPER Now, we will have to Pay the Price for this Later (in some form).
Satish wrote a wonderful post on the “Lessons of the Gamestop Saga”. I thoroughly enjoyed it and especially these golden words “Technology does NOT make investing easy! Techn ....Read More
Further to my last nano, “A Powerful Equation to Remember”, I share a few more equations, which are equally powerful.
Stock Market Volatility leads to ....Read More
This is a common question on everyone’s mind. Why are the markets rallying around the world despite all the bad news? Well there are many reasons such as injection of enormous fi ....Read More
Anne Lamott in her book “Bird by Bird: Some Instructions on Writing and Life”, has written some amazing lines. They are so relevant to investing as they are to every walk to li ....Read More
I received a lot of appreciation for this week’s post “What an Amazing Business?” If you have not read it already, I would encourage you to check it out. I also thought of do ....Read More
Imagine that you have Aladdin’s magic lamp in your hands.Now rub the magic lamp and the Genie appears. This time however you are only granted 1 wish. The catch is that you have t ....Read More
0 Comments