Monday 28 November 2022

If you want to get ahead in life marry someone that............

I already publish this in 2013, this a reprint with some changes 

I have seen this graph (below) in The Atlantic. What we see is that the only group that raised their income since the 70's are the couples that both work.
Why is this? Why the single Dad & the single mom didn't improve at all? Why the married couples where only ones that did?
To do well in life you need to go the extra mile. To do a little little more. If you are alone you just survive, you don't have time   







From The Atlantic 


Single moms and single dads are more likely to be poor, not only because they don't have help in the household, but also because they didn't have much money to begin with.

In a strange twist, marriage has recently become a capstone for the privileged class. The decline of marriage, to the extent that we're seeing it, is happening almost exclusively among the poor.



Things work out best for those who


Things work out best for those who make the best of how things work out John Wooden


You can't live a perfect day without doing something for someone who will never be able to repay you

John Wooden


If you're not making mistakes, then you're not doing anything. I'm positive that a doer makes mistakes

John Wooden.







Friday 25 November 2022

Success usually comes to those who are too busy looking for it

Just do it it's not a bad idea, get busy 


 Inaction breeds doubt and fear. Action breeds confidence and courage. If you want to conquer fear, do not sit home and think about it. Go out and get busy.

Dale Carnegie


Action is the foundational key to all success.

Pablo Picasso


An ounce of action is worth a ton of theory.

Ralph Waldo Emerson

Wednesday 23 November 2022

European taxpayers will pay this bill for years to come.

 From the WSJ , Editorial November 21

Europe is struggling to keep its lights and the heat on this winter, and fuel supply is only half of the energy crisis. The other half, now coming into view, is the ruinous fiscal cost associated with the failure of green-energy flights of fancy. European taxpayers will pay this bill for years to come.

Europe Pays for Green-Energy Illusions

Supply is only half of this winter’s crisis. Costs are soaring, too.



Monday 14 November 2022

If it doesn't go down when it should

HUI & GDX are Gold Companies stock indexes

when rates go down it's good for gold

when USD goes down is good for gold


Below I show 2 graphs from the great Stefano Bottaioli and the situation this year.

In 2022 USD & interest rates have been going up. That was not great for GOLD. Gold is down 2% in USD, Gold companies HUI & GDX are down more.

When USD & rates start to ease GOLD will shine. Why not do something when is not yet fashionable. GOLD is not fashionable now.

NOTE: Never buy anything on a tip, do your own work or speak with a financial adviser. 











Tuesday 8 November 2022

You want to be rich and anonymous, not

 The idea of passports, ID cards, security camaras and mandated vaccines are not civilization.


I have as much privacy as a goldfish in a bowl.

Princess Margaret



"You want to be rich and anonymous, not poor and famous."






Government is a parent that never wants its children to grow up.


If there were less problems we would need a small government.

Government doesn't want to solve problems, the more problems the more government


A state is better governed which has few laws, and those laws strictly observed.

Rene Descartes



The world is not going to be saved by legislation.

William Howard Taft











Friday 4 November 2022

THE MAN IN THE ARENA


The world is full of middle man, regulators, compliance and other nice to have jobs.


 






Thursday 3 November 2022

Lisbon Windows

 This Lisbon will die if we let too much tourist in.