Yesterday I got hold of a 1967 Dutch Guilder. This was the year the the Dutch government finally stopped issuing real (silver) money for circulation. In 2002, with the introduction of the euro, the exchange rate was 1 euro for 2.20371 guilder. So the 1 guilder coin was about 0.45 euro. If I put the Read more about Why saving in some precious metal coins is a good idea[…]
The Latest part of Mike Maloney’s documentary about the financial system: http://www.youtube.com/v/iFDe5kUUyT0
In every crisis holds an opportunty. If you watched part 1 & part 2 of Mike Maloney’s Video here you can watch part 3:
Here is the second part of the secret of money made by Mike Maloney, watch it!
If you want to understand what money is and how it works I would advise you to watch this nice video by Mike Maloney:
Rule of poker: there’s always a sucker at the table. If you look around and don’t see one, it’s you.
“If past history was all there was to the game, the richest people would be librarians.” — Warren Buffet
Everything in life should follow the KISS-Principle. This TED talk explain the effect of clarity in legal language:
to be aware of what is coming. You will not be able to predict everything, but 80% will do. Make plans for your family, your career, your entertainment and your future. Only then you will know where to go. Or as Zig Zigler said: If you aim at nothing, you will hit it every time Read more about Plan ahead[…]
It is hard to visualize how big the debts is of different countries in the world, but to give you an idea take a look at http://www.wtfnoway.com/. If you stack the liabilities of the US government in a stack of 100 dollar bill you will get a tower higher then the twin towers. This is Read more about How big is the US Debt…?[…]