Thought of the Day: Never ever invest in IPOs. They are not suitable for retail investors.

• Why we favor European Equities (WisdomTree)
• The effects of seven years of quantitative easing (Money Observer)
• Market Volatility: What If You Don’t Have Time to Recover? (Schwab)
• Return Flight: Why A Young Iraqi Left Germany After Only 100 Days (Der Spiegel)
• Subway in the sky: has La Paz’s cable car made a real difference to the city? (The Guardian)
• Upside or Downside? A Look at Today’s Equity Market (AB Blog)
• Guns, Drugs, and Car Crashes: Why Americans Die Younger (Bloomberg)
• Is Canada’s stock market in a spring thaw or is this just a short squeeze? (Financial Post)
• Chernobyl 30 years on: former residents remember life in the ghost city of Pripyat (The Guardian)

Photo: Andrej Ciesielski in Hong Kong

For more awesome photos of Andrej visit his site.