Author Archives: 24hourwealthcoach

Crypto is down; is it out? In context, over 800 stocks just hit 52-week lows, so this is global, not just crypto. The following stocks created new 52-week lows on Wednesday: [source: Benzinga] As you can see, if you skipped … Continue reading →

Sometimes the reality is bigger than the conspiracy. It’s NOT true that Bill Gates wants to microchip the COVID vaccine (why bother? We all carry tracking devices in our pockets anyway!) However, Gates and many others are planning for the … Continue reading →

Investment legend Warren Buffett stated in his 2021 shareholder letter that the future is “bleak” for retirees and fixed income investors. He compared Sept 1981, when retirees could earn 15.8% on deposits, to the c.1% available now. Admittedly, inflation was … Continue reading →

It’s OK: the image of the monster in the basement is supposed to scare you. But it is not supposed to scare you into inaction. If you know the moster is there, you would be better to take some serious … Continue reading →

The Killer in De-basement De-basement is not just the place where Americans store their junk. It’s also silent robbery, a killer of your wealth, and usually sanctioned by your government. Starting from the day before the pyramids were built (commonly … Continue reading →

Gold is going up and dollars are going down: there are many ways you can play this game In times of global or local uncertainty, people may lose their faith in artificial paper currency and return to an asset which … Continue reading →

Do Not Be Fooled: the stock market may be at record highs, BUT the stock market is NOT the economy. Most people are familiar with the image of a duck, seeming to cruise effortlessly across a lake. Many people do … Continue reading →

The International Monetary Fund predicts 2020 to be the worst downturn since the 1929 Great Depression.  The Minneapolis Fed says unemployment rates could surge to Great Depression levels. Barron’s News & Finance said, “perhaps it’s better to think in terms … Continue reading →

There is a time when bronze beats gold… not in the Olympics, but in Economics.   Bronze is an alloy made of a few things, with around 80% copper. Copper is an essential component in cars, houses and electronic devices. … Continue reading →