Heard On The Street

If you make US$10, save US$6, and then you can figure out what to do with the rest.

Random Thoughts

The money has nowhere to go, so it's doing stupid things. Each market seems crazier than the last. But all have the same roots. Just look around.

Random Thoughts

No one is owner of money. You are only trustee of money and it always changes hands. When you are successful, give it back to society that gave you so much goodwill.

Random Thoughts

If you're a man, ask a woman to help you with your money. Most traders and money managers are men. But studies have shown that women are actually better investors. Men tend to trade too much and more likely to be the dumb money that sells low and buys high. Why? One big reason: testosterone and stupidity. Women are better at sticking to an investment plan.

Random Thoughts

Used correctly, a twenty dollar bill is all about movement, access, and cachet. A twenty dollar bill, placed in the right hand at the right moment, makes things happen. It gets you past the rope, beyond the door, into the secret files. It's all about action.

Random Thoughts

One of the most important financial disaster lessons I have learned is simple: When cash is available in a crisis, take it. Not tomorrow. Not next month. Now.

Random Thoughts

The quest for new forms of money hasn’t gone away. In June of this year, Facebook unveiled Libra, global currency that draws on the architecture of Bitcoin. The idea is that the value of the new money is derived not from the imprimatur of any state but from a combination of mathematics, global connectedness, and the trust that resides in the world’s biggest social network. That’s the plan, anyway. How safe is it? How do we know what libras or bitcoins are worth, or whether they’re worth anything? Satoshi Nakamoto’s acolytes would immediately turn those questions around and ask, How do you know what the cash in your pocket is worth?

Secret Dealings Tying UK Conservative' CEO To Bribery Scandal Billionaire

Behind great fortunes there is always a crime.

Useful link:
https://www.globalwitness.org/en/campaigns/corruption-and-money-laundering/secret-dealings-tying-uk-conservatives-ceo-bribery-scandal-billionaire

Random Thoughts

In the beginning, there was nothing. And in the end, there was — nothing, once again. And, since the subject here is the accumulation of money, let’s say the way of all cash, too.

How Much Money Do You Need To Be Happy? Less Than Most People Are Making

Over to you.

Useful link:
https://www.fastcompany.com/40534358/how-much-money-do-you-need-to-be-happy-less-than-most-people-are-making

The Opposite Of Spoiled

Get to know Ron Lieber. http://ronlieber.com