It's a tough realization for real estate owners to come to terms with as they (we) pay increasing property taxes every year. And with the imminent domain law in the USA, that real estate can be confiscated from you at the lowest of value. As far as owning my home and not just renting, I do enjoy the comfort of knowing that I cant be evicted or given a move out notice by a landlord whenever they want.
I am in the camp of pivoting away from a “hard landing” and towards “no landing” AND more inflation. Liquidity can trump valuations for longer than you expect. In the US, the liquidity supports the historically high valuations. Like Lyn and Sam's recent report states, this increased flow of liquidity is highly correlated to a rising Bitcoin price.
https://www.lynalden.com/bitcoin-a-global-liquidity-barometer/
This is a worthy 1 topic voter issue. I would also say that if you are a 1 topic voter this time around, it could be to vote against censorship and that would also be a vote for Trump.
I totally agree. I am not a fan of any of the choices we have for president in the USA. I vote with my money everyday and if need be, I will vote with my feet.
In the 19th century, really fat people were so rare that they were put on display in freak shows. Now, obesity is so common that any candidate who gets the fat vote is a guaranteed winner. One hundred million US adults are ‘obese.’ Around 22 million are ‘severely obese.’
New drugs such as Ozempic may offer relief from obesity, but we don’t know yet what the long-term side effects may be. A simpler and more dependable approach: if you don’t want to be obese in ten years, don’t eat so much today.
Being overweight is not a death sentence. But it can increase the odds of taking the Big Loss — causing so much damage, in one way or another, that it makes your life shorter and less agreeable.
Another eating-related disorder that can cause the Big Loss is Type 2 diabetes. A hundred years ago doctors rarely saw it. Today, there are thirty million diabetics in the US. Please don’t take this for actual health advice. You probably know more than we do about these things. But from what we read, Type 2 diabetes is largely avoidable. You can prevent it by getting plenty of exercise and not eating so much sugar... and ‘highly processed’ food.
It’s really very easy to sidestep these Big Losses. Just tell your gardener to plant a ‘kitchen garden’ and grow fresh vegetables and wholesome fruits. Tell him not to apply pesticides or herbicides... but instead to use a little elbow grease.
Get him first to ‘double dig’ the soil, by hand, of course, mixing in plenty of manure and organic matter. Ask him to set up a greenhouse... and to start the plants early. He can begin with kale, spinach and onions in the cool weather... and then rotate into corn and tomatoes later. Remember that root crops should be planted by the light of a waning moon.
As the seasons advance, he can eliminate the weeds by hand or hoe. Carefully watering, hoeing, fertilizing... you can just imagine the delicious garden-fresh vegetables he brings to your table.
And, if he really puts his back into it…if he really works at it… we can practically guarantee results — your gardener won’t be obese!
Bonner Research
https://image.nostr.build/10f2867c648afe9a3bb1210ff745a6fbd8c046c892ccc9370e1978246fc407c3.jpg
I have 3 kids. I made sure I was able to support them growing up before I had them. Bitcoin didn't exist back then, but gold and silver worked well. Smartest decision I ever made. It led to a stress free (mostly) financial environment for us parents, which in turn led to us to the ability to raise healthy, smart, low time preference kids that turned into even better adults who stack stats.
I (we, mom and dad) worked our asses off and then at 26 had our first kid when we knew we were strong financially. We got stronger and had another kid. We got stronger again and had another kid. Then I got a vasectomy.
I would not have nor would I recommend having kids if you are or think you will be poor. I know many who are in that boat and they are miserable 80% of the time and happy in love the other 20% of the time. That's not a ratio I would volunteer for. Get you financial life in order first and then have kids. Work you ass off to get there and then keep working hard to maintain it. If I can do it, anybody can.
Federal debt exploded on 1st day of the new fiscal year, up $204 billion to the new record of $35.669 trillion. With the treasury also drawing down its cash balance by $72 billion, that’s $275 billion in the red only on the first day. This is what accelerating debasement looks like. Stack sats and stay safe. https://image.nostr.build/3d2ff4f27dae2e218f777740020ba24195e37236790faf00f74ca22be54f0e53.jpg
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