Our growth positions pulled back in September. The returns are still healthy in the double-digit territory on a year-to-date basis. We are not doing anything stupid because the long-term trend in the market is still positive. Trends and cycles can go on far longer than you expect. There will eventually be a turning point (certainly…
De-dollarization is “impossible”
US dollar as a subject can easily cause some of my investors to feel overwhelming sadness, happiness, anxiety, or panic. Every few years, events conspire to thrust the de-dollarization debate back on the spotlight. If you are still expecting a collapse of the US dollar, you should stop. Any reports of the dollar’s demise are…
Nobody is perfect
You can read financial books, study free information on websites and attend seminars. Yet when that is all done, you still do not really understand investing and trading until you put money into a real position and find out what happens next. This has always been a business of experience and we mean years of…
Live to 100? Why not!
“How long do you think you will live?” Since the middle of the last century, life expectancy has been increasing rapidly. On average, it has been increasing by one year, every five years. Babies born today in 2017 can expect to live to over 100, or in other words, they will live to see the…
Benefits of Transcendental Meditation
Transcendental meditation or TM is a technique that I have regularly done over all these years because it is so simple, effective, and the experience of doing it is so enjoyable. I feel sorry for some people who go looking for an effective meditation technique and have to shift through all the land mines of…