9th August 2023. The financial illiteracy of our youth is appalling. An indictment of an education system with priorities in the wrong direction. Any kid leaving high school without a knowledge of basic accounting, investment, tax etc are setting themselves up for failure. ‘ Debt is one person’s liability, but another person’s asset’.
8th April 2023. Quite a few years of observing financial markets has indicated to me that you can have either reasonably high interest rates about 6% or you can have inflation. To those living in a fools paradise of low interest rates in recent years and making long term investment decisions based on low rates, I have little sympathy. ‘The only difference between a rich person and a poor person is how they use their time‘