Money is something that a majority of people do not master. The more I talk about money with people, the more I realize that many have a total ignorance of the subject.
It’s not that surprising. The education system has never taught you what money is, and even worse, how to manage your money in order to make the right decisions for your future.
There is one basic rule that you should have in mind, and it applies to all areas, and therefore to money:
“In life, it’s your ignorance that costs you money.”
So the less you know about money, the more you risk losing a lot of it. Whether you are very rich or very poor, this rule applies equally. …
From time to time, I meet former high school or university classmates. After the usual greetings, personal questions quickly arise:
You have probably already experienced this type of situation with former schoolmates.
Recently, I’ve been thinking that the questions asked were always the same, and that they were always totally out of touch with the life reality.
I have the impression that a majority of people measure success by what you have or the titles you have. If you answer that you are the leader of a team of 15 people in a large company, or that you have a beautiful house, your schoolmate will feel that you have succeeded in life. …
The 11th of August 2020 will surely remain an important date in the history of Bitcoin. It is the day when the Bitcoin rush officially started for the big American companies.
In what was a real surprise, Michael J. Saylor, CEO of MicroStrategy, announced that his company is now making Bitcoin its primary treasury reserve asset.
After a lengthy review of the various options available to MicroStrategy, from gold to bonds, Michael J. Saylor came to the following definitive conclusion:
Bitcoin is the best possible long-term investment to hedge against the great monetary inflation we are currently experiencing.
After more than eleven years of existence, Bitcoin provides sufficient security to be considered the first choice over gold. Bitcoin is the most secure decentralized network in the world. …