Gold & Silver Part 2: ETF
The first post on gold presented the options to purchase gold and silver as a physical metal to keep at home or at the bank (vault). See here. Gold as an ETF It is a lot easier to have a record in your investment account compared to buying the shiny yellow stuff and keeping it…
The 80% pension income fake promise
Employees and self-employed can save for their retirement in a group insurance fund or in an IPT / EIP. The contributions to this fund can be subtracted from the company (employer) profits. Our dear belgian government has put a limit on the contributions. They decided on “the 80 % rule”. The 80 % rule “the…
Book review: The contrarian investor’s 13 – Benj Gallander
Penguin Canada, 2002-2004 Gallander is a Canadian author of a stock investment newsletter. He is often appearing in the media (Bloomberg, the globe,..) to express his views on the stock market. Just Google his name or youtube him. He seems to be a contrarian person by character. He likes to be cynical about the general…
Gold Part 1: Physical Gold
Why? It is the ultimate insurance against anything that can go wrong in the financial system. Gold protects against currency devaluation including hyperinflation, bank crashes,, currency defaults, but also against severe bear markets. So it is really very different from any other financial instrument. It does not have a return on its value, no dividends…
Book review: Margin of Safety – Seth Klarman
It is kind of a cult-book, sold out for many years, and has become a collector’s item. The plain normal hardcover edition is selling on Amazon for 880 – 3300 $. Full title: Margin of Safety: Risk-Averse Value Investing Strategies for the Thoughtful Investor – 1st Edition 1st edition (October 1991) (well there is only…