December 2, 2006 - I’m sure that everyone who reads this, at some point and time, has been fed up with bank fees and paltry interest rates on savings accounts. The number one complaint I’ve always heard about banks is that the “fee you to death”. There’s a fee for going into a branch and … Continue reading An i-bank That Undercuts the Fees of Traditional Banks Across the Board.
November 30, 2006 - Time for the casual Friday blog again. This past week was the late great Bruce Lee's birthday so I'm paying tribute to Bruce this Friday. Last November, Bosnia unveiled a lifesize bronzed likeness of martial arts legend Bruce Lee. In a country that has witnessed some of the most brutal ethnic … Continue reading How Bruce Lee Made Me a Better Investor
Q: Welcome New Readers From??? This is a continuation from a previous casual Friday blog in which I mentioned my goal was to attract readers from 100 different countries. In the past two weeks, readers from 21 new countries and 4 new territories have accessed the ZOI blog as follows: Denmark, Ghana, Iceland, Hong Kong, … Continue reading A: 21 New Countries and 4 New Territories
November 30, 2006 - Here is the Wikipedia definition of the psychology phenomenon known as the recency effect: “A cognitive bias that results from disproportionate salience of recent stimuli or observations. For example, if a driver sees an equal total number of red cars as blue cars during a long journey, but there happens to … Continue reading How the Recency Effect Hurts Investors
November 29, 2006 - Many Latin American countries, for decades, exploited by imperialist nations, are now at a tipping point between the poor and moneyed elite. In Mexico, there is great unrest between the poor and upper classes. In Venezuela, divisions of opinion regarding incumbent Venezuelan President Chavez have created a nation on edge. "You'll … Continue reading What Does the December 3rd Presidential Elections in Venezuela Mean for Investors?
November 28, 2006- This month, the following article appeared in the Bangkok Post. "Ten leading exporters of food, farm goods and garments called for monetary measures and assistance from state agencies to ease the baht's rapid appreciation, which they say has threatened their competitiveness. The exporters want the government to cap the baht's appreciation at … Continue reading Central Banks Serve the Interests of the Moneyed Elite First and Foremost
November 27, 2006 - Yes, an increase in the minimum wage laws in the U.S., as is likely to occur given the new Democratic Congress, will benefit retailers in the short term because the beneficiaries of such an increase will believe that they have extra cash in their pockets even if they don’t. What do … Continue reading Fantasy Land Beliefs Move Markets in the Short-Term. Reality Moves Markets in the Long-Term
Q: Is There More to maalamalama than Just the Zen of Investing (ZOI) Blog? Just FYI, recently, many people have asked me whether there is more to maalamalama than just this Zen of Investing blog. The answer is yes. We will be launching a full-fledged online education campus with 23 separate learning modules, exercises, … Continue reading A: There Will Soon be a Complete maalamalama Online Campus
November 27, 2006 - I’m not sure how much press this incredible situation is receiving in the Western hemisphere, but here in Asia, it’s receiving almost none. The situation I speak of is the swearing in of unofficial President Andres Manuel Lopez Obrador in a parallel government this week in Mexico. For those unfamiliar with … Continue reading The Parallel Mexican Government – A Thorn or a Spark that Will Ignite a Revolution
November 26, 2006 - Every once in a while at the Underground Investor, we’ll revisit old blog posts just to remind our readers of particularly pertinent past posts. Most of the time, however, since they’re already posted, we’ll just leave it up to you the reader to search for them and read them. Back on … Continue reading Does the End of U.S. Mid-Term Elections Mean Higher Gas Prices Again?