‘A man…with no means of filling up time is as miserable out of work as a dog on the chain.’ George Orwell Yesterday, the rock and the hard place came closer together. CNBC reports: ‘Inflation surges 7.5% on an annual basis, even more than expected and highest since 1982. ‘…was even higher than the Wall Street […]
Dear Reader, ‘How much do you need to retire?’ That’s not a question. It’s the title of an article recently published by a major bank. It was too tempting to resist. I took the hook. What’s the industry’s take on ‘how much is enough?’. Determining the amount of capital needed is a fairly straightforward mathematical […]
Now I don’t know about you, but I’d consider the First World War a pretty severe crisis for investors anyway. I suspect abiding by the warnings of the skyscraper curse in 1913 would’ve served you and your capital well…
Retirement Trader members have just entered another stock that is in a similar situation to STA a couple of years ago. I reckon the opportunity is even larger. They will have a 30-year mine life and the expected EBITDA at full production is $645 million!
During the Second World War, German prisoners of war in the US were often given the opportunity to work on farms. After the war was over, some elected to stay. One explained it:
The government’s jobs report released [in early January] tells us what has happened: well over 20 million people quit their jobs in the second half of 2021. Some are calling it the “big quit,” others the “great resignation.”’
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