:: Saturday, July 31, 2010                                                                                                                   

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Dick Robertson – If I Ever Get A Job Again (1933)
If I ever get a job again,
I will never be a snob again;
I’ll live within my means,
Carry a dollar in my jeans,
If I ever get a job again.
If I ever get a break again,
Brother, what I’ll do to stake again!
No turning out the light,
Bidding my [...]

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The most important decision an investor can make is what to use as the numeraire. But few investors even know what a numeraire is let alone have put deliberate thought into choosing their numeraire.  With advances in technology using a reliable numeraire is easier than ever.
CAPITAL ACCUMULATION
Investing is the process of allocating capital. [...]

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Via the terrific Girl on the Right Blog, these helpful suggestion from A. Nonymous:
Most of us are not doing God’s work trading credit derivatives at Goldman Sachs. You may be stunned when I tell you this, because I sure as heck was when I found out: the TARP program covers none of our credit card [...]

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How do you pay at the checkout line? Between checks, credit and debit cards, and online payment services like Paypal, it’s sometimes surprising when we see someone pull out actual cash these days. The way you pay may seem to be of little importance, but in truth, the money doesn’t all spend the same.
Particularly if [...]

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Question from a reader:
“No-one seems to be able to give a clear answer due to the sorry state of knowledge about PM’s in Australia but seeing as you work for the Mint, are an accountant, and want to make this site a source of information for Australian gold investing, are you able to make some [...]

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There is no doubt that many were examining their careers this Labor Day. Some were just thankful to have a job. Many were reflecting on changes they’d like to make. And still others have already made those changes and are just now headed into new careers. Over the weekend I read an [...]

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Question from a reader:
“I have been acquiring Perth Mint silver and gold in the depository scheme and am concerned about confiscation issues in the long term. Probably it will not happen, but again given the mindlessness of recent policy decisions there is no reason why the Australian government could not just decide to tax the [...]

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This is the question raised in a recent article in the Journal of Happiness Studies: “The China puzzle: falling happiness in a rising economy”, by Hilke Brockman, Jan Delhey, Christian Weizel and Hao Yuan (V10, 4, 2009).
The focus of the study is the decade from 1990 to 2000. Even though real per capita GDP in [...]

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Many people feel tremendous stress regarding financial matters and this often has detrimental effects on their relationships and is one of the leading factors for divorce.  Like a doctor who elucidates an extremely negative diagnoses I somewhat dread explaining The Great Credit Contraction to people because of the massive effects it is having upon both [...]

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I discussed in a previous article how the the economic system has become an entity unto itself, and how it needs to feed itself to keep alive. The irony is that it has no consciousness. It is a machine that we have made with our own hands, that has turned against us. Today, we will [...]

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