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Showing posts from March, 2020

Week 12: Investing opportunity of a lifetime!!

Dear reader, These are crazy times, every country is going in lockdown, streets are empty, no airplanes in the sky. The world is changing as we know it. I use this time to educate myself. I have bought several books and I am planning on buying some more in the next weeks. But why is this the investing opportunity of a lifetime? Isn't the stock market falling down every day, aren't the business closed now and everyone is working from home..??? As Warren Buffet says: Attempt to be fearful when others are greedy and to be greedy when others are fearful. Four opportunities of a lifetime: In our lifetime we will have four or five great business cycles where we can profit from. This means we are able to buy the business that we like so much at a discount from where it was several months ago. Think like you are doing your shopping. You love steaks, this week steak is at $5,- a pound, that's a lot for a steak, now you wait a week and you see that the same steak is sel...

Week 11: Corona Virus!!

Dear reader, There is no way around it. Our world has been invected by the corona virus. It started out at the end of 2019 in China and it has reached a global pandemic, with all great consequences. It has affected millions of people and it will continue to affect billions of people on a way that we have not seen. The world as we know it has changed and it has been affecting all. For myself it has major impact, not only am I not able to work but it has major impact on my financial investments and strategies. Today in my blog I will describe how this virus has major impact but also major success for anyone and our planet. The social impact: I work in a restaurant and in the last week we have seen a major decline in guests. People have been buying up stock in the supermarket to be prepared to stay at home for a period of time. People have gone crazy and they have been stocking up in massive amounts of toilet paper. Why??? Not only does this have a major impact on our lives b...

Week 10: The everything bubble!!

Dear reader, The markets have been having some rough weeks. The outbreak of the Coronavirus has spread to over 100 countries and several countries have been in lockdown. The virus has impacted a lot on the world economy and will continue to do so for the rest of the year. Besides the Coronavirus there are more things affecting the global markets and the financial systems. The war on oil has spiked a great rally these last days and will continue to have great effect on different markets and industries. What is the everything bubble? I came about a video from Mike Maloney about a year and a half ago. Mike is big investor in global markets particularly to the world of precious metals such as gold and silver. His video's are of good inspiration and knowledge. He has a very openminded towards the different markets and the research he has done is very great to see things out of different perspectives. The title of his video is the everything bubble and I will leave a link t...

Week 9: The power of books!

Dear reader, During most of my life from high school until my late 20's I have never really picked up a book to read. Almost two years ago I was watching a video on this thing called Rich dad, Poor dad. It sounded very interesting to me. So I went out to the bookstore, not to get one book but three. All from the same author and all about personal finance. In roughly two years I read about 20 different books all in the range of my interest, money and success. I had quite college and I thought I would never go back to school again. Now I read almost a book a week and I read more books than I ever have done. My goal is to read 20 books this year. I all ready finished 6 books, If I keep up this pace I will have reached my goal before the summer!! Why to read? I never really got or understood reading. When I was a kid my mother would to me and my brother the Harry Potter books during the summer. As a kid it is fun to read and let your mind wonder off and fantasies about the ...