Sahmino Academy
Money, Inflation & Purchasing Power
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Money provides a unit for quoting prices and settling payments at a stated date. Purchasing power compares that amount with the cost of a basket of goods and services; when the basket becomes dearer, unchanged money buys less.
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18 lessons
- 1
Money, Inflation & Purchasing Power
Money provides a unit for quoting prices and settling payments at a stated date. Purchasing power compares that amount with the cost of a basket of goods and services; when the basket becomes dearer, unchanged money buys less.
2 min read - 2
What Is an Asset?
An asset is something with economic value; a liability is an obligation. Describe each household asset by its cash flows, resale conditions, custody and costs.
2 min read - 3
Bank Deposits & Real Returns
A quoted annual rate, the effective compounded yield and the inflation-adjusted return answer different questions. Compounding requires that each payment stays invested at the assumed rate.
2 min read - 4
How Markets Discover Prices
A market brings potential buyers and sellers together. The bid is a buying quotation, the ask a selling quotation, and a completed trade establishes the last price.
2 min read - 5
Tehran Stock Exchange 101
A share represents an ownership claim in a company whose assets, liabilities and profit are reported for stated periods. The ticker identifies the listed instrument, while the registered company name identifies the issuer whose filings you need to inspect.
2 min read - 6
Opening a Brokerage Account
Entering an exchange requires an identified customer, an account with an authorised intermediary and an understood trading agreement. Keep identity verification separate from funding and order placement.
2 min read - 7
Gold in Iran: Karats & Coins
Gold purity measures the fraction of pure metal, while weight measures how much alloy you hold. Eighteen-karat gold contains 18/24 gold by weight, equivalent to 750 parts per thousand; multiplying the alloy weight by that fraction gives its pure-gold content.
2 min read - 8
The Coin Premium (Hobab)
A coin premium compares its market price with an explicitly calculated metal value. State the product weight, fineness, international gold quote and exchange-rate basis, with matching timestamps.
2 min read - 9
Iran's Multi-Rate FX Market
One currency can have several quoted rates when transactions differ in access, purpose, settlement or official treatment. Cash, transfer and administratively allocated quotations are not interchangeable.
2 min read - 10
Crypto Basics: Bitcoin & Tether
A blockchain records transfers under its rules for authorisation and transaction ordering. A token’s market price, custody and redemption promise are separate financial questions; recording it on a network does not establish what it can be sold or redeemed for.
2 min read - 11
Investment Funds & ETFs
A fund pools investors’ money under a stated mandate and issues units representing their interests in that pool. To understand its return and exit process, inspect the holdings, fees, valuation date and the fund’s own sale or redemption terms.
2 min read - 12
Risk & Return
Risk means uncertainty about outcomes and the ability to meet a goal. Price volatility is one part; inability to sell, issuer failure, custody loss and inflation also matter.
1 min read - 13
Diversification
Diversification spreads exposure across genuinely different sources of loss. Counting tickers is not enough: businesses can share a customer, commodity, currency or funding risk.
1 min read - 14
Liquidity
Liquidity asks whether a position can be converted to usable money, in the required amount and time, at an acceptable cost. A quoted last price and a high asset value do not establish that ability.
1 min read - 15
Housing as an Asset
A home provides housing services as well as a resale asset. Compare location, area, age and condition before comparing price per square metre.
2 min read - 43
A Map of Global Markets
A stock exchange is a venue, an index is a measured basket, and a currency pair is a quotation between monies. They are different objects even when a dashboard places them together.
2 min read - 44
The Global Gold Ounce & Iranian Gold
A global gold quotation commonly uses US dollars per troy ounce of fine gold. A troy ounce is 31.1034768 grams and differs from the ordinary ounce used for other goods.
2 min read - 45
Oil Benchmarks: Brent, WTI & the OPEC Basket
Brent and West Texas Intermediate are oil benchmark families with specified grades, locations and delivery or contract arrangements. The OPEC Reference Basket represents a separate set of crude grades.
2 min read