Tag Archives: investment

UPDATED NEW QUOTE BY ULDIS SPROGIS 1648!!!

If you liked this evergreen truth blog then read more of them, about 5000 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

UPDATED NEW QUOTE BY ULDIS SPROGIS 1514!!!

If you liked this evergreen truth blog then read more of them, about 4800 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

UPDATED NEW QUOTE BY ULDIS SPROGIS 1402!!!

If you liked this evergreen truth blog then read more of them, about 4700 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

THE TRUTH ABOUT THE STOCK MARKET!!!

The stock market today is a speculative crap shoot where the whole market can decrease in value as much as 50% in a few days or weeks as during a crash and the extreme volatility in individual stocks is an indication that their price is being manipulated by big money and fast computers and not small investors. In effect, price movement is no longer based on fundamentals or evaluation of tangible assets.

New technology stocks are where much of the speculation is occurring and if it is a company with a truly innovative product or service then it can experience incredible short term growth. However, long duration growth is soon stopped by big technology firms which buy them up and incorporate them into their companies to eliminate competition or to give them a future technological competitive advantage.

Investing in an upstart IPO and holding on to it for the long duration is no longer a realistic goal for an investor hoping for million dollar gains twenty or thirty years from the start of an IPO.

Finally, the stock market is a short duration speculative investment which can tank at any moment all determined by whether the big money invests in it or withdraws its financial support to suddenly invest elsewhere. The stock market has become a short duration gambling enterprise and not a serious long duration investment.

If you want guaranteed retirement money security for old age then don’t invest in the stock market for the long duration. Stick with real estate, diversified municipal bonds, or a precious or rare commodity such as platinum and gold when it is not being sold at inflated prices because big money also manipulates commodity prices and makes them go up or down at will. The real value of a metal commodity is the price it takes to mine and refine it so if the commodity price is three or four times its production price then don’t buy it at this inflated value.

You probably won’t become a millionaire but you will maintain the value of your hard earned dollars until retirement when you can spend some of it without finding out that inflation has reduced your savings in a bank to a pittance over a forty year period.

 CONCLUSION:

If you want money security in your retirement years, don’t invest in the stock market for the long duration. If you want to gamble with your hard earned money and probably lose most of it then play and get burned in the stock market!!!!!!

If you liked this evergreen truth blog then read more of them, about 4500 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

UPDATED NEW QUOTE BY ULDIS SPROGIS 1020!!!

fotorcreated

If you liked this evergreen truth blog then read more of them, about 4100 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

UPDATED NEW QUOTE BY ULDIS SPROGIS 600!!!

FotorCreated

If you liked this evergreen truth blog then read more of them, about 3500 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

UPDATED NEW QUOTE BY ULDIS SPROGIS 466!!!

FotorCreated

If you liked this evergreen truth blog then read more of them, about 3400 so far, or read one or more of my evergreen truth books, especially EVERGREEN TRUTH, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

THE TRUTH ABOUT REAL ESTATE+

Real-Estate-Market-Money-300x199

Real Estate: n. a subset(s) of land which includes the air above it and the ground below it and a relatively permanent subset(s) on it

In general real estate is the safest long duration tangible investment which you can make. It usually keeps pace with inflation and rises in value accordingly.

Yes, you can lose money in real estate by investing in run down neighborhoods, in outdated buildings, overpaying for swampland or non buildable areas, paying too high an interest rate on a home, mortgaging your properties to the hilt, renting residential homes during a financial crisis, and can lose money investing during a real estate bubble of inflated prices but in general real estate is a relatively safe long duration investment.

The major drawback of real estate is taxes. If you are not renting the property then you may actually lose money on a yearly basis. Renting can also be difficult with tenant problems even in good neighborhoods so if a real estate management firm can’t do it for a reasonable cost then even real estate investment, other than for your private home, may not be the smartest thing to do.

My advice having a lifetime of real estate experience  is buy the real estate for cash by saving it first and weather financial crises by mortgaging the property to some extent. When the crisis is over then pay off the mortgage as soon as possible.

The most important real estate is wilderness and the plants and animals which live there. It should not be considered to be an exploitable asset but a safety net to be used when the domestic food supply is no longer safe for human consumption due to excessive use of toxic chemicals, monoculture agriculture, and factory farming of domestic animals.

Planet earth and it’s real estate is all that humanity really has to depend on for its survival so living on it in the most sustainable way possible should be the long range goal of a healthy, truly wealthy, and happy present and future human society.

 

If you liked this evergreen truth blog then read more of them, about 1200 so far, or read one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

If you enjoyed this blog then here is a list of my most popular ones which you may also enjoy!!!

https://uldissprogis.com/zlist-of-my-most-popular-blogs/

THE TRUTH ABOUT SPECULATION

1speculation

Speculation: n. doing an investment which is frequently a very risky action(s) for short or long duration profit with a subset(s) which is frequently money

Speculation in its broadest sense can be thought of as taking a risk by investing in something which may increase or decrease in value with time.

Frequently speculative investments are very risky and considered to be rather unwise investments because you can lose all or most of the value in a rather short duration.

If you liked this evergreen truth blog then read more of them, about 900 so far, and one or more of my evergreen truth books, especially COMMON SENSE rays of truth in a human world filled with myths and deceptions.

For a complete readily accessible list of blogs and titles go to twitter.com/uldissprogis.

Enjoy!!!!!!

77 REASONS YOU CAN’T MANAGE YOUR MONEY!!!

daily-money-management

No control over your spending preferences with impulsive buying and not having a budget or knowing basic financial math to assess your spending priorities are the two major reasons why you can’t manage money but there are 77 other ones which you may not be aware of. Here is a link to the Motley Fool blog which appeared in huffingtonpost.com.

http://www.huffingtonpost.com/the-motley-fool/investment-money-tips_b_4814229.html

 

If you liked this evergreen truth blog then read more of them, approximately 600 so far, and one or more of my evergreen truth books, especially COMMON SENSE, rays of truth in a human world filled with myths and deceptions.

Enjoy!!!!!!

17 MONEY TRUTHS ABOUT HUMAN NATURE: PART 2

love-of-money

The grass is always greener in someone else’s yard.

This is largely true because no matter how well off you are you will always be able to find someone who is better off than you financially, is more prestigious, or has a better family life than you.  That person can then become the source of pessimistic envy or optimistic motivation to do even better in life.

 

Easy come, easy go.

 

This applies to people who get a lot of money very quickly and also wind up spending it almost as quickly. Perfect examples of this are many lotto winners who very quickly spend their riches in a thousand and one stupid ways and wind up where they started- almost broke. There are exceptions to this principle but there are few who, without experience in money management, wind up investing the money wisely.

 

Nothing ventured, nothing gained.

 

If you don’t invest your time, energy, and money in something, then you will probably not make much progress in your life and gain nothing of importance. Some people may get lucky and inherit money without venturing anything, but this happens to very few people.

 

 

Every achievement requires a sacrifice

 

This just states the fact that investing your time, energy, and money trying to achieve something means that other important things in your life will have to be ignored or sacrificed.

Time with family, friends, and hobbies are some of the things that may be sacrificed. An achievement may mean that you sacrifice a bad habit which may mean cruising bars too much. In this later case you are not really sacrificing or giving up anything that is truly useful.

 

It’s good to give extra money to charity

 

In an age of government welfare funded with your money, private charities are just not that necessary. You can still give money to worthwhile causes or charities such as medical research into an illness or give money to a children’s hospital.

When money speaks, the truth frequently keeps silent.

 

This basically means that money has no morals and can be used for good or bad, truthful or untruthful purposes. Deceitful humans can use money badly and truth suffers. Obviously, if money is used for good and truthful purposes then the truth does not keep silent.

Money doesn’t grow on trees.

 

This is almost always true unless you are in the lumber business.

Keep something in reserve for emergencies

 

Save something for a rainy day- says the same thing.

 

Save money and money will save you.

 

This is especially true for medical or financial emergencies, especially when your credit line is maxed out.  It makes good sense to put away some money for the proverbial rainy day or emergency days in your life. Save enough money and you can retire early. Unfortunately inflation reduces the value of saved money over time and most investments these days are a scam, especially the stock market.

 

Whatever you have spend less.

 

This is one of the major ways of successfully saving money. If you spend less of your money then you will have more left over to save, invest, or spend on something truly useful and necessary.

Politics is used for personal gain

 

Personal gain is definitely what special interest groups want, believe in, and try to get. Rare is the politician these days that wants political office primarily so that he can change society for the better.

 

Redistributing wealth is imperative

 

Redistributing wealth by stealing from those who have it and giving it to those that don’t is not a just way of spreading the wealth unless you are unemployed and also destitute and need someone’s money to survive physically.  As much as possible, the society should reward effort, merit, and achievement with good paying jobs in society that reflect a more just distribution of earned wealth.

Inheritance of old wealth should be promoted by polygamous marriages for the very wealthy so that inherited money will often go to more than one family member.          Politically redistributing wealth to special interest groups is also not a just way of spreading the money around since most of these special interest groups do not generally promote the welfare of all the people.

Some government money can be redistributed and it should go into free internet education in highly technological fields and their corresponding good paying jobs.  This way government can reward effort, merit, and achievement in an objective way. Liberal arts education is just too subjective an area with a lot of propaganda that isn’t helping society at large and this kind of education should only be in the hands of private institutions of learning.

CHANGES IN WELFARE LAWS is an evergreen book which I have written that goes into great detail about how government money should flow into education for those on welfare and those still in school.

 

Much saved money can give you the freedom to do what you really want or to do nothing at all.

 

Enough saved money can set you free of having to work for a living for a while or even for the rest of your life.

With money you can buy a house, but not a home.

 

This basically means that a good relationship with your significant other or spouse and children is what makes for a homey atmosphere in the house that you own.  Just buying a house will not usually improve your relationship with those closest to you if the relationship is not very good in the first place.

 

With money you can buy a doctor, but not good health.

 

Good health comes from eating a healthy variety of minimally processed organic foods, sleeping well, not overstressing your mind and body, and getting a little exercise.  A doctor will usually cure or mask an illness with synthetic drugs which have even worse side effects but may not improve your health which really needs good living advice and practices.

 

With money you can buy a book, but not knowledge.

 

Just buying a lot of books and not reading them will not make you any smarter. Reading much fiction and wordy non-fiction books will just mostly waste most of your time, money, and effort and not give you much useful knowledge which can be applied in the real world.

 

With money you can buy a position, but not respect.

 

Politicians can often get elected by spending a lot of money on a campaign but if they are not morally sound people then they will not be respected by the people and may loose political office the next time around. There are exceptions where respect can develop after buying a position because the person may be very moral and really become good at the job.

I have written an evergreen book HOW TO SAVE MONEY which should be very useful if you would like to save some for luxuries that you can’t afford now or if you would like to invest some in a better education and job. Not many of us save money these days and it is a lost art which can really improve your life in a thousand and one ways.

Another useful evergreen book is HOW TO IMPROVE YOURSELF: HOW TO GET WHAT YOU WANT; HOW TO SAVE TIME & MONEY.

If you liked this evergreen blog then read more of them or read my evergreen book HUMAN NATURE.

Enjoy!!!!!!