Thursday , 3 April 2025

Lorimer Wilson

More Reasons You May Not Be A Millionaire – Yet (+4K Views)

Many people assume they aren't rich because they don't earn enough money. If I only earned a little more, I could save and invest better, they say. The problem with that theory is they were probably making exactly the same argument before their last several raises. Becoming a millionaire has less to do with how much you make, it's how you treat money in your daily life. The list of reasons you may not be rich doesn't end at 10. [Here are 10 more.] Words: 842

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Your House: A Home, An Investment or a Ponzi Scheme? (5K Views)

In the past few decades, the concept of home ownership has been completely turned on its head. Previously, homes were considered a very long-term consumption good...[No one] ever considered tripling the value of their homes by retirement time and selling them to move beachside yet, somehow along the way, this became a reasonable investment expectation. Even today, home buyers still make their purchases with the hopes of escalating prices. [It begs answers to these questions: Is a house just a home? Should a house be expected to behave like an investment? Is the housing game nothing more than a Ponzi scheme where the end buyer before the market corrects becomes the "greater fool"? Let's try and answer those questions.] Words: 935

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The “Low Inflation” Myth (+4K Views)

I will prove in this piece, the people who believe in the “low inflation” myth are being fooled by the fact that inflation in this unusual, central bank-driven economic cycle is concentrated in asset prices rather than in consumer prices...

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Is It Time To Fire Your Financial Advisor? (+3K Views)

As more and more investor education and information is freely available online... investors now have an important choice to make. Should you go it alone, stick with your financial advisor, or fire him and find another, perhaps this time a fee-only planner? Words: 740

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Currencies Come – and Go: A History (+5K Views)

History clearly shows that when it comes to currencies black swans do happen as the average lifespan of a currency is just 27 years. As such, investors should study currency history and, as part of a smart portfolio, they should protect their hard earned wealth and savings in a defensive fashion. The infographic below documents the history of currency in 10 different countries of significance.

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Should Technical Analysis Be Ignored? We Think So – Here’s Why (5K Views)

The Web is crawling with technical analysis (TA)...[and,] given its popularity, [begs the questions as to whether or not there] really is something to it. [Based on our research,] the short answer is no, not really, at least not in developed markets like the US or the UK... Furthermore, most of the popular TA indicators that are bandied around are nonsense jargon and should be ignored as useless noise. [Let us explain our position.] Words: 2143

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