Thought of the Day

I have seen a graph with a big correlation between savings now and consumer tomorrow. if you don't save now you will save later!

i see disappointing GDP growth in the US

Higher CAPE ratios in the US may also reflect a stronger psychology of fear about the replacement of jobs by machines. The flip side of that fear, as I argued in the third edition of my book Irrational Exuberance, is a stronger desire to own capital in a free-market country with an association with computers.

Robert J Shiller

I am completely on this page, i own some QQQ just because i know that automation might make me redundant so better

what i am also doing is to use as much technology as possible, a human with the help of tech is worth much more that a empty handed human.

DAVOS, Switzerland (Reuters) - French President Emmanuel Macron called at the World Economic Forum (WEF) in Davos on Wednesday for a “global compact” to harness the negative effects of globalisation, warning against a race to the bottom on taxes and regulation.

I live in a world where i pay 50% personal taxes above 80,000 euros and everything is regulated. no wonder Europe is not growing since 2000.

Macron must be very worried if TRUMPONOMICS (less taxes and less regulation) works.

One thing i know. regulation and taxes don't work. Let's see if TRUMPONOMICS will work

current account is a plus 266 b

Smart Swiss, SNB , Swiss national Bank profited 55 b in 2017! They started buying a portfolio of stocks & bonds in 2010. Switzerland it’s not only a Private banking tradition they are really smart. If you have a lot of money I would put some part there. They know!