Reading Time: < 1 minute The Gold has been doing very well lately, partly due to the depreciation of dollar, partly due to the fear of inflation, and last but not least, due to speculation. I think this Yahoo Tech-ticker interview explained why I don’t like Gold as long term investments very well. More importantly, it suggested alternative investments for… Continue reading Why I don’t like Gold as long term investments?
Reading Time: < 1 minute From Yahoo Tech-ticker. I don’t necessarily agree his view (but it’s always good to listen to both sides of the arguments).
Reading Time: < 1 minute (Update May 2020) I found from this website, it seems the US consumer saving rate went up a bit in last 5 years, from 6%, 8% to most recent 13% . I can understand the last part due to pandemic. In fact our restaurant eat out (to go, take out) shrunk a lot. My wife is… Continue reading The end of rampant consumerism