Check this out: https://x.com/advance_wealth/status/1810285915475997075?s=46
We're not expressing any views here. But it's irresponsible not to consider all sides of an economic argument. El Salvador has had quite a rise, and the president share's his views here on whether income tax is necessary when governments can print money (which is tax via stealth by devaluing what we have). Some out of the box thinking or is he just a crazy dictator? https://x.com/WallStreetApes/status/1806808317580480978
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An interesting chart here from an Austrian Economist on how we use property for saving (we are used to hearing from Keynesian economists in the West - it's important to balance the info we absorb)
Saifedean Ammous
@saifedean
Going off the gold standard in 1914 stopped a centuries-long increase in affordability of homes by degrading the value of money, forcing people to use their homes as saving accounts, raising house prices beyond the rise in income
Financial planning isn't just about money - it's about security & freedom! Set goals, manage debt, & plan for the future. Your future self will thank you. #financialplanning #adulting
Why is China buying gold and dumping US treasuries - anyone know? https://x.com/carlbmenger/status/1797335740629578111?s=43
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@invest_answers
Check out this link https://usdebtclock.org then look at this graphic:
https://x.com/Advance_Wealth/status/1795413840122773820/photo/1
Saw an amazing post to put in context the https://usdebtclock.org
Our heads can't picture a trillion vs a billion vs a million but this helps:
A million seconds ago was May 8th
A billion seconds ago was 1993
A trillion seconds ago was 30,000 B.C.
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@Geiger_Capital
Would you rather have £1m now or 1p that doubles every day for 31 days?
It’s a trick question – you would want the 1pm, trust me.
#compoundgrowth is very important in #investing – courtesy of AI, see below what only an extra 5% a year does:
What’s the difference between 10% and 15% growth over 10 years on £10k?
Over 10 years, a 5% difference in growth rate can result in a significant amount of money.
Here's how much difference 10% and 15% growth would make on a £10,000 investment:
10% growth: After 10 years, with a 10% annual growth rate, your £10,000 investment would grow to £25,937.42.
15% growth: At a 15% annual growth rate, the same £10,000 investment would reach £40,578.04 after 10 years.
The difference in future value between 10% and 15% growth over 10 years on £10,000 is £14,640.62.
In short, a higher growth rate can significantly increase your investment's future value. However, it's important to remember that higher growth rates are often accompanied by higher risk. It's always wise to consult with a financial advisor before making any investment decisions.
#personalfinance #investing #moneygrowth #financialfreedom #futuregoals #compoundinterest #smartmoney #growyourwealth #investmenttips #finance
Have you thought about this? How much #property ownership is so we have somewhere to live & how much is for #investment as a #storeofvalue for wealthy people and corporations?
What If - a viable competitor to property is created that is seen as a 'better' store of value - could the #storeofvalue narrative be challenged for property?
Were that to happen it could change the investment outlook for property everywhere dramatically - #safeashouses could be under threat.
One to watch. We are moving into the digital age and things will change beyond what we can imagine.
Think gold! Hard currencies are limited (like gold) & hold value. Printing too much (like with some soft currencies) can cause inflation, making each unit worth less. #Econ101 (Schools should teach this!)
So, the Japanese Yen has been downgraded, what do we make of this? They have more than 200% debt to GDP - the worst in the world. They are also the biggest holders of US treasuries. Watch this space! #Japan
How does #war effect #Markets #IranIsraelConflict
KEY TAKEAWAYS
Though war and defense spending can amount to a sizable portion of the U.S. GDP, wars often have little sustained impact on stock markets or economic growth at home.
Markets largely have ignored recent conflicts related to the Middle East and Iran.
A broader regional war, however, may have a more severe impact, especially on oil and other commodity prices.
Still, stock markets have often quickly recovered to pre-invasion levels only a matter of days or weeks after armed conflicts or standoffs begin.