Long-Term Swiss Bonds Offer Negative Yields

I would rather buy gold than a government-issued bond with a negative yield. And I’m no cheerleader for bullion as a long-term investment.

You may have seen the news earlier this week out of Germany–their ten-year bonds briefly dipped below the 0% yielding threshold. Switzerland, not wanting to be outdone, now has a negative yield on thirty-year bonds that will mature in the late 2040s.

This is what economic madness in real time looks like.

It is a fact of life that institutions–be they public or private–will engage in transactions or offer you terms that on a deal that will make it nearly impossible to create wealth. Always remember this: The existence of a financial product should never give rise to a presumption that it is an “investment.”

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Five Step Guide: How Does Intestate Succession Work?

If you die without ever creating a will, your estate is then divided up according to a set of default rules called “the intestate statutes.” Intestate is a just a jargon-y word that literally means you don’t have a will, and these make rigid yet common-sensical assumptions about how you would have handled your estate if you did create will.

Because all inheritances are a matter of a state law, there is no uniform rule for determining how an estate will be distributed. Despite this, there is a six-step general rule that is the intestate law in over 40 states, and I’ll walk you through the six step process that is a worthwhile template for how most states handle the death of an individual without a will.

Step 1. Is there a surviving spouse, child, grandchild, great-grandchild, or any descendant thereafter?

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Nike Stock Investment: The Short Term And The Long Term

Stop reading this article and go visit this recent Business Insider piece “Nike Stock Could Do Something Unexpected Before The Olympics.” There is a chart at the bottom I want you to take a look at.

The writer, Seth Archer, succeeds in making a counterintuitive point: Large sporting events sponsored by Nike do not historically have the immediate effect of raising Nike’s stock price in the short term. The Nike stock price slumped in relation to: The 2008 Summer Olympics, 2010 Men’s World Cup, 2012 Summer Olympics, and 2014 Winter Olympics. Archer’s theory is that analysts and investors are gobsmacked by the revelation of just how much money Nike spends marketing these events and pull back from the stock.

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