Throughout history …
There’ve been stock market crashes and corrections.
At these times of extreme market turbulence …
Why do investors tend to make their biggest mistakes?
Have you heard the story of Sandor Teszler?
(No relation to the infamous Tesla)
He was a Hungarian Holocaust survivor who dedicated his life to learning.
So why am I talking about him?
Ten years ago, the financial crisis hit.
The infamous global meltdown.
With the next one (apparently) looming…
What has the last decade taught us?
It could also equal 1,000,000.
Because the combined strengths of great partnerships …
Far outweigh the sum of their individual parts.
The wealth effect is a behavioural economic theory.
It suggests consumer spending is linked to portfolio performance.
Higher gains make us feel richer.
But who really benefits?
The answer is: not you.
Last week, I downloaded Apple Pay.
I found it revolutionary – and began to wonder if I’d ever use cash again.
But in this increasingly cashless society …
Are we in danger of spending too much?
Interest in private equity has grown in recent years.
It’s becoming easier for ordinary investors to gain exposure to it.
But that doesn’t make it a good idea.
Like many expats, I still have property in my home country.
Lately I’ve been pondering the slowdown in the UK housing market.
What’s causing it.
But really, I should be thinking more globally, since house prices are slipping pretty much everywhere.