However, if I want to keep my capital for the long (and what could be much longer) term, it means I have to wait this out. There’s a real irony in the intersection of these…
Seeing how the intersection of these two big trends are going to alter our lives, we need to take a nostalgic trip back to 1999…the year before the dotcom bust.
‘…there is a middle way, where half the pension is paid to everyone and the balance is income tested. Denmark has such a system.
Tomorrow, we’ll look at the proposed alternatives and whether we, as a nation, can afford a universal pension OR do you take personal responsibility to safeguard your financial position from the perfect storm?
When this market rotates from euphoria to despair, a lot of people — the young and not so young — are going to pay a very hefty price for chasing instant gratification.
Over 115 years ago, a devastating natural disaster put into motion events that would cause the most devastating financial disaster in history.
Many see no end to this expansionary trend…it’ll continue pushing on without ever pausing to catch its breath.
Investment bankers — those who are paid to see the invisible dangers — turned a blind eye to an overheating power line.
‘Accepting the loneliness that comes from a disciplined, patient, boring, and for a large part of the time, contrarian strategy can be a real challenge for people.