Category: Investing

Investing

Heritage Foundation Economic Freedom Index for 2015

I’m really big into the idea that you shouldn’t invest in countries that are corrupt. It is has always been true in my travels that the more corrupt a country is, the worse place it is to live and do business. Visit them and have fun, but don’t send them a penny of your money if you can avoid it. You can’t fix a broken culture no matter how much money you dump into it. What’s likely to happen is your money...

How To Go Broke In Two Easy Steps – Leverage and Trading Currencies

Here are two easy steps to follow if you want to go broke when investing: Step 1: Use Leverage Step 2: Trade Currencies Swiss Franc Shock Shuts Some FX Brokers The Swiss franc decoupled from the Euro yesterday. This isn’t going to be a Schadenfreude post, but I wanted to say a few things. The Swiss marrying the Euro with a currency peg was a stupid idea and I’m happy to see they ended it. It will be painful to Swiss exports...

Santa Bringing Negative Interest Rates To Switzerland

I just saw that the Swiss National Bank has lowered rates to negative territory (-0.25% right now). Fun times for the Swiss savers. Germany has also had rates touching negative land this year as well. Of course, U.S. rates for cash are hovering around 0% going on five years. Finally, I just got back from Japan and they’ve played in 0%-ville for at least a decade. These actions by the central banks really point out one of the many problems...