I don’t think it’s appropriate to provide ubiquitous investment advice, but the bottom line is historically and most recently, the best places to store your money over the long run have been in stocks and real-estate.
Commodity? (Wikimedia) The financial wizards of Wall Street have devised a new way to profit from Mother Nature. They’ve created a class of stocks called Natural Asset Companies that will control the earth’s resources such as water, wildlife, forests, minerals, and farmland. The project was developed by the Intrinsic Exchange Group in partnership with the […]
The Atlantic
A third option is necessary: a way to rent without making someone else rich.
March 11, 2021
H. Armstrong Roberts / Getty / The Atlantic
America conceives of itself as an “ownership society.” Nearly two-thirds of U.S. households own their home, and the idea of renting is inseparable from ownership in the U.S. context. Renting is given meaning by its relationship to ownership it’s how you live if you can’t afford, or aren’t yet ready, to own. America treats renting as it has treated the minimum wage for the past several decades: unworthy of serious concern, just a phase in young people’s lives, and a long-term outcome only for those unwilling to pull themselves up by their bootstraps. This perspective is a big part of why renters enjoy so few protections, and why the U.S. showers roughly $150 billion on homeowners each year but only a fraction of that on renters, despite renters having about half the median household income of owners.
country with $7 trillion, roughly, invested through the 401(k) plans. a lot of it in stocks. this is an ownership society, they own slices of these company s, and that makes them feel better, and you ve seen it in the confidence. juan: let me just cheer america on, i just think this is so wonderful on sony levels. one, remember, when we went through the terrible recession, it was at 8,000. so now, this is a pro-obama statement, we are at 20,008 years later, that is phenomenal. are you giving president obama credit customer it goes up whenever you talk, juan. juan: i m glad. and the second thing to say, i don t care where you are in the world, you would want to do business in the united states of america, and i don t hear this a lot from people who want to put down obama. but you know what? you go to europe these days, you go to china, you go to all these countries, they ll say go to the usa. i said this on the air the other day, and i am curious to know with car companies and
america? is america back? i think so. i wonder what our former treasury department adviser sigh san ochs thinks. are we coming back? i think we are coming back. i think the recovery is finally here with a capital r. we ve been plodding along in the past four, five years. tepid growth. finally seeing real momentum. i don t like to focus on the financial markets because i think the stock markets can get wildly out of control. i like to focus on the real economy. i thought we were an ownership society. that s the 1%. that s not quite you. so, what i was going to say is if you look at gdp, we had the strongest quarter we ve had in a decade. adding jobs and seeing wages going up. that s one of the most important indicators the economy is growing. i agree. i think there s an uptick domestically. i think there are key indicators or things we need to look at externally on the international stage. i think putin is number one.