“If you understand compound interest, you basically understand the universe.” (Robert Breault) Don’t be simple One of the best ways to understand compound interest is to know what it’s not — the appropriately named simple interest. This easy example illustrates the difference between the two. Mr X decides to invest in an account that pays…
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“Artificial Intelligence is the future … and the future is here.” (Dave Waters) Artificial intelligence (AI) language models like ChatGPT are incredibly exciting. The ability that they have to bring together information and provide answers to a wide range of questions is remarkable. However, they do have many people worried about whether machines will be…
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There is a well-worn social myth that in a divorce from a heterosexual marriage it is the men that get fleeced while their ex-wives make away with the spoils. The reality, however, is very different. Research from the London School of Economics found that women who worked before, during or after their marriages see, on…
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Finance Minister Enoch Godongwana’s 2023 Budget Speech has been widely described as “conservative.” Most experts agree that it contained few surprises and many feel that it didn’t do enough to address the myriad challenges facing the South African economy. While it’s hard not to be pessimistic about ESKOM, greylisting and the cost-of-living crisis, the budget…
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