In diesem Beitrag soll es darum gehen, wie viel Vermögen du in welchem Alter haben solltest. Die Zahlen, die ich dir vorstelle, gelten spezifisch für Deutschland. In einem weiteren Beitrag soll es dabei auch um die Schweiz gehen. Kommen wir aber erst einmal auf Deutschland zurück, ich habe hier eine sehr gute Grafik für dich vorbereitet, welche es auf der Seite von finanzfluss.de zu finden gibt. Deshalb auch hier einmal ein Danke an Thomas von Finanzfluss....
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Since the 1800s, surly Americans have derided politicians for spending tax dollars “like drunken sailors.” Until recently, that was considered a grave character fault. But Joe Biden’s American Rescue Plan Act shows that inebriated spending is now the path to national salvation. It was a common saying in America in the 1930s that “we cannot squander our way to prosperity.” But that was before the latest “best and brightest” crop took the helm of the federal...
Read More »A Dark Side of Inflation
When the Federal Reserve inflates the money supply, the resulting debasement of people’s money is reflected in the higher prices that people are paying for things they need or want. Already, everyone is seeing, for example, significantly higher prices for gasoline at the pump. The price jump is high enough to cause people to realize that all that “free” stimulus money wasn’t as free as the government said it was. There is another dark consequence of an inflationary...
Read More »Why some wealth managers hate wealth
Ralph Hamers took up the CEO post at Swiss bank UBS in 2020. Keystone / Walter Bieri “How can we [ . . .] fight increased inequality?” railed Ralph Hamers in a recent interview. To be clear, Hamers is not the boss of Unicef, or Oxfam or the Social Mobility Foundation. He is chief executive of Swiss bank UBS, one of the biggest beneficiaries of the widening wealth gap. UBS’s latest results quantified that benefit. Second-quarter net profit surged 63% to $2 billion...
Read More »Ep 167- STILL No Inflation ft. Jeff Snider with Srivatsan Prakash
Jeff is the Head of Research at Alhambra Investments and here he reiterates that we won't see an elevated level of inflation. You can find the audio podcast here: iTunes/Apple Podcasts- https://podcasts.apple.com/ca/podcast/market-champions/id1450300020 Spotify- https://open.spotify.com/show/7KVwQ0RsTc6XN49Wg3yp5a Stitcher- https://www.stitcher.com/podcast/anchor-podcasts/the-elite-investing-show Google Podcasts-...
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[unable to retrieve full-text content]The ideal bagholder is one who adds more on every downturn (buy the dip) and who refuses to sell (diamond hands), holding on for the inevitable Fed-fueled rally to new highs. Old hands on Wall Street have been wary of being bearish for one reason, and no, it's not the Federal Reserve: the old hands have been waiting for retail--the individual investor-- to go all-in stocks. After 13 long years, this moment has finally arrived: retail is all in. If you...
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Glowing Orange: Repo Market Collateral Rumble Early-morning action in the repo market shows a musical chairs-like collateral scramble; it has the Fed's attention. But the Fed is blasé about it (i.e. 'too much cash'). Yet these collateral scrambles resemble what we saw in March 2020. Jeff Snider, Head of Global Investment Research for Alhambra Investments and Emil Kalinowski. Topics & Time Codes 01:41 Montana Senator Daines asked a Jeff-Snider-question to Jerome Powell in...
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Meet Marcel, father of the legendary Swiss climbers Claude and Yves Remy. Marcel may be 98 years old, but he’s still climbing. You can see him in action here at the climbing centre in Villeneuve on the eastern shores of Lake Geneva. Marcel Remy spent all his free time in the mountains, taking his two sons with him. Claude and his brother Yves inherited Marcel’s determination and resilience. The Lausanne-born hard-rock lovers opened and outfitted thousands of new climbing routes...
Read More »The far-reaching implications of the amateur trading wave
Part I of II by Claudio Grass, Hünenberg See, Switzerland 2020 certainly was a year of a lot of “firsts”, most them extremely destructive to the economy, to our societies and to our everyday lives. However, there were a few positive developments too, among them being the fact that it was the year that ordinary people discovered and entered financial markets. Until last year, the world of trading and investing had long been closed to the average citizen, taxpayer,...
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