Tag Archives: bonds

In 1944, Anne Scheiber, who worked as a tax-auditor at the IRS for 23 years and never earned more than 350 USD/month, retired from the service at the age of 50. After 23 years of work, her life savings stood at 5’000 USD. Using this sum and her monthly pension of 260 USD over the next 50 years, she built …

”Bull markets are born on pessimism, grow on skepticism, mature on optimism, and die on euphoria. The time of maximum pessimism is the best time to buy, and the time of maximum optimism is the best time to sell.” John Templeton   Last night, I had not one, but two invitations for dinner. According to the motto ‘First-come, first-served’ I …