A turbulent year for billionaires as the number of 10-figure fortunes drops to 1,810 and the average net worth tumbles too. One constant: Bill Gates Is Again Richest Person On The Planet.
Source: Forbes 2016 World’s Billionaires: Meet The Richest People On The Planet – Forbes
Gold is still expensive, but rising economic risks and market turmoil mean investors should buy it for insurance, Deutsche Bank said Friday.
Sub-zero rates are becoming the “new abnormal” in a shaky world economy. With fresh panic hitting markets, are we finally hitting the limits of what monetary policy can achieve? Click on the countries to find out
Source: Mapped: Negative central bank interest rates now herald new danger for the world – Telegraph
Words of Wisdom
“Only a fool tells people that only fools buy gold. In the coming future, I’d rather have fool’s gold than dollar bills. Ask Zimbabwe.”
Jarod Kintz
“I predict future happiness for Americans, if they can prevent the government from wasting the labors of the people under the pretense of taking care of them.”
Thomas Jefferson
Gabriel Stein, asset management director at Oxford Economics, and James Bevan, chief investment officer at CCLA Investment Management, discuss the implications of a negative rate environment and investors’ rush to cash. They speak on “On The Move.” (Source: Bloomberg)
Source: Central Banks’ New World of Negative Rates and Cash – Bloomberg Business
So not long ago, I offered a friend a piece of my company.
At first he waffled. Then when I gave him a time ultimatum, he was in.
And then- nothing.
At first I was quite perturbed.
Then I realized it was dead weight being cut off.
Chaff being tossed with the refuse.
Am I disposing of my friend?
By no means.
It’s just a life lesson: Not everyone you know is on the same path.
I am resolute in my decision to fire my boss.
He is not.
And that’s okay.
This has actually increased my appetite for risk- in a healthy way.
As Matt Damon said in Rounders: “You can’t lose what you don’t put in the middle. But you can’t win it either.”
There is no risk without reward.
And as such, having lost some dead weight in my company I can now move faster.
I know my mission is mine alone to run.
Now when I get that first million, maybe I’ll get a secretary and pay someone to wash my car. 😉
Live Brolic!
Words of Wisdom
“A penny saved is a penny earned.”
Benjamin Franklin
“Our goal is to make finance the servant, not the master, of the real economy.”
Alistair Darling
“A simple fact that is hard to learn is that the time to save money is when you have some.”
Joe Moore
#Protip: If you’re gonna buy #bitcoin do it before ebay/paypal starts accepting/using it. Once that happens the price will likely skyrocket.
#thriveorsurvive.
No one goes to the Olympics for silver.
Thoughts? Concerns?
Questions? Think I’m wrong?
Let’s chat.
Need ideas?
Want to learn how to invite?
Let’s chat.
Want a mentor or maybe the guy who will bounce ideas back and forth with you?
Let’s chat-
Tony@Changeinadvance.com
@changeinadvance
http://www.changeinadvance.com
Or simply reply to this article.
#thriveorsurvive.
No one goes to the Olympics for silver.
Thoughts? Concerns?
Questions? Think I’m wrong?
Let’s chat.
Need ideas?
Want to learn how to invite?
Let’s chat.
Want a mentor or maybe the guy who will bounce ideas back and forth with you?
Let’s chat-
Tony@Changeinadvance.com
@changeinadvance
http://www.changeinadvance.com
Or simply reply to this article.
Changeinadvance 