Gold on track for first weekly dip in six; focus on U.S. inflation data
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An employee handles one kilogram gold bullions at the YLG Bullion
International Co. headquarters in Bangkok, Thailand, on Friday, Dec. 22,
2023. Chalinee T...
1 hour ago
Inflation won't make us bankrupt. Moment of greed and stupidity in our financial decisions will!
ReplyDeleteSalary increment usually covers inflation. But moment of stupidity no one bail us out.
ReplyDeleteWhy some foundations and insurance companies are parking large amount of their fund in government bond earning low return and lower than inflation rate?
ReplyDeleteThey are financially stupid? Are they?
LOL!
Sometime it is better to be financially "stupider" to sleep better at nights than trying to be smart all the time to make ALL our money works harder.
ReplyDelete:-)
At times, it is wise to practice some loss aversion... I know where you get that 'story" from ;-)
ReplyDeleteThe Moral of Story ..
DeleteKnowing how much is enough for us. We can side step that greed in us. The moment of greed and stupidity can kill us.
temperament,
ReplyDeleteThat's an interesting hedge!
One opt in; one opt out ;)