If you haven’t noticed, the Malaysian Ringgit (MYR) has weakened against the US Dollars. The reason that is happening? US. Bloomberg reported that “The weakness in Brent crude and the dollar’s strength continue to weigh on the ringgit,” said Vishnu Varathan, a Singapore-based economist at Mizuho Bank Ltd. “Bank Negara’s data validate that foreign investors have been selling.” ~1.1.2015
See No Bubble, Hear No Bubble, Buy the Bubble
Have you noticed a recent boom in the number of stories about the possibility that stocks are in a bubble? And can you ignore these headlines? On the flip side:
The richest 7% of American families saw their average wealth soar 28% (2009-2011), while the remaining 93% of households lost 4% of their net worth…as their fortunes were tied up in their homes.
Since [2009 recession] affluent families have benefited handsomely from recovering stock prices and surging gains in bonds. 6 out of 10 households with a net worth of $500,000 or more directly owned stocks and mutual funds in 2011, compared with just 13% for everybody else.
We normally equate wealth with money. But what about time? We are given a limited time on this earth to enjoy our lives and bless others. Time is ticking away slowly and when the sun sets, the day is gone forever.
If you are ALREADY CONVINCED that EARNING PASSIVE INCOME is the biggest opportunity in decades, then this is going to be AN EXPERIENCE you cannot afford to miss!