In this article we dive in the book “The Great Taking” by David Rogers Webb. In his book Webb, addresses concerns about a global financial system overhaul. Webb explores a conspiracy-like narrative involving powerful global players aiming to control and seize all financial and physical assets through engineered crises. He introduces the idea that all financial assets, including stocks, bonds, property, and deposits, are at risk of being taken away through orchestrated mechanisms in the global economy.
The S&P 500 has historically delivered an average annual return of about 10%, making it a popular choice for long-term investors. However, those pursuing financial independence and early retirement (FIRE) often turn to low-cost, broad-market ETFs like Vanguard’s Total Stock Market ETF (VTI) to maximize returns and diversification. While nominal returns may look attractive, it’s important to account for inflation—often around 2-3%—which reduces real returns to closer to 7%. Using CPI data helps investors calculate their real returns, providing a clearer view of actual wealth growth. Additionally, understanding the impact of taxes on investment gains, especially in different states, is crucial for accurate financial planning.
On August 5, 2024, Japan’s stock market experienced a dramatic collapse, with the Nikkei 225 index plummeting by 12.4%. This event marked the largest single-session drop since the Black Monday crash of October 1987. The sudden and severe decline sent shockwaves through global financial markets and raised numerous questions about the underlying causes. This article delves into the factors that contributed to this significant market downturn.
In this article, we will explain why Bitcoin will never be too expensive to protect your savings against inflation. But before doing so, we need to understand the fundamentals of what inflation is and how it affects your savings or, more specifically, your buying power. We’ll also analyze how it has evolved over the last 100 years and compare that to the evolution of wages.
The Austrian and Keynesian economic models represent two divergent approaches to understanding and managing economies. These models differ in their philosophies, methodologies, and policy recommendations. Understanding these differences is essential for grasping contemporary economic debates, especially when considering the role of innovative financial instruments like Bitcoin.
You might have read recently that Mt. Gox will soon start to pay back its creditors an astounding 142,000 Bitcoins worth $9 billion. Today, the price of Bitcoin is dipping by about 2% as Mt. Gox has started to move some of its Bitcoin holdings to other wallets. What could be the consequences of this on the price of Bitcoin? In this article, we’ll explore what this all means, but before doing so, we will explain the history of Mt. Gox and its implosion.
In the ever-evolving landscape of cryptocurrencies, meme coins have emerged as a peculiar yet fascinating phenomenon. These digital tokens, often born from internet jokes and social media hype, have captured the imagination of investors and speculators alike. But what exactly are meme coins, and why do they generate such excitement in the crypto market? Let’s delve into the world of meme coins, explore some notable case studies, and understand the risks involved in this blog covering meme coin mania – beware the hype!
In the dynamic landscape of financial markets, investors are continually seeking reliable metrics to guide their investment decisions. One such metric that commands attention and scrutiny is the Price-Earnings Ratio (P/E ratio). This fundamental tool offers investors valuable insights into the valuation of a company’s stock and its potential for future growth. In this article, we will delve deeper into the nuances of the P/E ratio, exploring its calculation, interpretation, practical applications for investors and use the GME case as an example.
Achieving financial independence is a goal that many aspire to, but the path is often obstructed by various financial burdens, particularly debt. Understanding how to manage and eliminate debt is crucial in navigating towards financial freedom. This article explores effective strategies for debt management and highlights how reducing debt can significantly accelerate one’s journey to financial independence.
In the world of finance and investment, the supply dynamics of a currency or commodity play a critical role in determining its value. This article explores and compares the issuance and supply mechanisms of the United States Dollar (USD), gold, and Bitcoin, examining how these factors impact their role as stores of value and mediums of exchange.