Yearly Archives: 2016

A World Without Money

An Economy Based on Resources Our current economic system can use some improvement. The government’s manipulation of currency, deficit spending, and bank bailouts are among many of the controversies that we have to deal with in modern times. But I recently found out about an organization called the Venus Project that aims to replace the society we currently have with one that’s… Read More »

Misaligned Incentives

Real Estate Incentives Financial advisors sometimes get a bad reputation for not having their client’s best interest in mind. Many continue to earn commissions even if their client’s portfolio is losing money. But what about real estate agents? Their compensation structure is also heavily based on commissions. They often earn a percentage from the final sale of a… Read More »

Risk Assessment

Brexit Raises Risk of Global Recession, Maybe After Britain voted to leave the EU last week stock markets around the world became very volatile. Two days after the vote $2.5 trillion were wiped from the world’s markets.? To put that into perspective that’s roughly the entire annual economic productivity (GDP) of the United Kingdom. George Soros, the investor who warned of… Read More »

The Janitor’s Tale

I heard this parable on a radio talk show. It explores some important lessons about conventional wisdom, expectations, and opportunity, so I thought I would share it. I don’t know where it originated from here’s a paraphrased version of it. There once was a janitor who worked for a large corporation in the 1900s. Like many working class folks… Read More »