Saying farewell to my old scooter In 2017 I purchased a used scooter for $1,200. It was cheap to run and I thought I could use it to get dates. 😎 It probably worked, because now I’m married. 🙂 Since I live in the suburbs and no longer need a second vehicle, I sold my scooter earlier this… Read More »
Having a good credit score can mean the difference between getting a home loan or buying the vehicle you need for work. The international credit union works on very specific criteria and many people don’t know that there are very easy ways to improve their credit score without much effort. It can take a long time to build… Read More »
The new face of wealth Move over Elon Musk and Jeff Bezos. There’s a new top dog in down. And his name is Bernard. 🙂 With an estimated net worth of $193 billion, the LVMH chief has been recently crowned by Forbes as the wealthiest person in the world. Bernard Jean Étienne Arnault is a 72 year old… Read More »
How negative real rates distort everything Normally a mortgage is a liability. And bonds are a low risk, low return asset. However when real interest rates are negative you can throw these conventional concepts out the window. The graph below shows the difference between a government bond yield and inflation (CPI.) The economy experiences negative real rates when… Read More »
My second month of trading options In May I received $820 in premiums from trading options. That’s $100 more than what I made in April. Yay. 🙂 Here are some key points from my options trading this month. I sold 10 options – 8 Puts and 2 Calls. I bought 1 option to close my previously sold TD… Read More »
How to handle market volatility When the dot com bubble popped in the early 2000s, a lot of investors dumped their Amazon stock. The share price plunged 95% from its high. 🙁 Stock prices fluctuate a lot in the short term, but over the long run they ultimately reflect the intrinsic value of the underlying company. And that… Read More »