Back

Money Fact

Hongbin Jeong tells you a fun money fact that you probably haven't heard of. Discover interesting facts about your money with topics ranging from currencies, banknotes and coins, the history of money and much more. 
  Follow
  Share

All Episodes

19 Mar, 2023
Money Fact: Bye Bye 23 Quadrillion Dollars
A man was accidentally charged 23 quadrillion dollars because of a technical glitch with the bank's debit card payment processing. But since he didn’t have the 23 quadrillion dollars in his account, he was also charged a $15 overdraft fee!
Detail
  Share
12 Mar, 2023
Money Fact: The Odd Rule
The London Stock Exchange, established in 1801, was an important centre for financial trading in the 19th century. But did you know that under the exchange's first rulebook, setting off fireworks and playing football were once strictly forbidden on the premises of the London Stock Exchange. 
Detail
  Share
26 Feb, 2023
Money Fact: The Super Bowl Indicator
Did you know that some investors use the Super Bowl to predict the direction of the stock market? It’s called the Super Bowl Indicator. And this theory suggests that the stock market will have a positive year if the team in the National Football Conference, or a team with an NFC origin, wins. If the American Football Conference team wins, the market will fall for the year. 
Detail
  Share
19 Feb, 2023
Money Fact: The Longest Bull Run
Have you ever wondered how long the longest bull run lasted? It began in the depths of the financial crisis in 2009 and lasted almost exactly 11 years, until the COVID-19 pandemic brought it to a close. It reached that milestone back in August 2018 - after hitting 3,453 days of fairly steady growth. 
Detail
  Share
12 Feb, 2023
Money Fact: The Budget
Budget Day in Singapore usually falls in February. But that wasn't always the case. In fact, the financial year, which is three months out of step with the calendar year, began only in April 1970. Before that, the Budget Speech was typically presented in December of the prior year.
Detail
  Share
05 Feb, 2023
Money Fact: The Isabella Quarter
Several women have appeared on US currencies. Some of you might know that the First Lady Martha Washington was the first woman to appear on circulated paper money in the United States. But did you know that the very first woman to appear on a US coin was not actually an American? She was a Spanish queen. 
Detail
  Share
29 Jan, 2023
Money Fact: The Bull and The Bear
Have you ever wondered why we describe the stock market using the animals: the bull and the bear? The most plausible story for it comes from animal fights in California, more specifically the fight between the Grizzly Bear and the Spanish Fighting Bull. Just think about the way they attack! Bulls attack in an upward motion, while bears attack in a downward motion - perfectly describing the way the stock market moves.
Detail
  Share
15 Jan, 2023
Money Fact: Collector coins or legal tender?
What if our coins have characters of Pikachu, Luke Skywalker from Star Wars, or even Disney's Cinderella embossed on them? Well that's a reality in the Polynesian island of Niue. The island holds the most appealing currency for all cartoon lovers around the globe, with so many different character-themed coins as its legal tender.
Detail
  Share
08 Jan, 2023
Money Fact: Keep the Change
Did you know that airports in the United States collect tens of thousands of dollars worth of loose change from travellers who leave them behind at security screenings every year? In fact, before the COVID-19 pandemic, the total amount of loose change scooped up by TSA officials in 2019 was an impressive $926,030.44.
Detail
  Share
11 Dec, 2022
Money Fact: The Santa Claus Rally
Stock markets tend to jump in value during the last week of December and into the first two trading days of the new year. This phenomenon is called the Santa Claus Rally. And it’s happened nearly 80% of the time for the S&P 500 since 1928. Will we see one this year? Or have we been on Santa’s naughty list? 
Detail
  Share

Other Related Podcasts