With the Trump Trade War and the proposed China Extradition Bill in Hong Kong that has sparked record-breaking protests, is now a good time to be investing in China? Let’s first take a look at the situation in China. The People’s Republic of China (PRC) is a so-called “communist” country. Continue Reading
John Templeton and the Recession of 1937
The Great Recession lasted from 2007 to 2009. It was the most significant economic downturn since the Great Depression. Since 2009, the economy has continued to expand. Unless governments and central banks have cured the world of up-and-down cycles, a fresh recession should not be too far away. It’s time Continue Reading
Fire Your Broker and Become an Independent Investor
If you want be rich and free, fire you broker and take 100% control of your finances. By doing this, you will save and make more money over the long run, improve your financial literacy, and become more independent (i.e. your success or failure will be completely dependent on you, Continue Reading
Investing in Cryptocurrencies
Though I am not a Bitcoin OG, I do have three years experience in the space. Bitcoin has been good to me, but I have made a lot of mistakes. With the next bull run coming soon—whether it be this year, next year, or the one after that—I feel I Continue Reading
Comparing Your Financial Situation to Others
In one way or another, we have all tried to “keep up with the Joneses.” OK, maybe not everybody tries to “keep up” per se; at the very least, we have all “compared our lives to the Joneses.” Whether it be looks, personality, finances, or any other aspect of life Continue Reading
Cancel Your Gym Membership
Over a lifespan, the average American spends $112,000 on gym memberships[1]; 67% of memberships go unused.[2] Imagine investing that money into an IRA account, index fund, or other investment vehicle. So, if you want to be poor and fat, get a gym membership. Unless you are a professional athlete or Continue Reading