plonkee
historic returns: looking back more than a century
JD @ Get Rich Slowly highlighted a municipal bond issued in the mid-Victorian era in New York state that is just now coming to completion. It was paying out annually at 7% per year, which is a very respectable rate of return, even though inflation has seriously ravaged away the purchasing power of the original [...]
challenge yourself: accept reality
It’s often the case that we confuse reality with *that which we would like to be true*. I’ve noticed this several times lately - I feel that politicians are particularly prone.
Currently, in the UK there’s a big furore over the recommendation of the independent advisory panel that ecstasy should be reclassified as a drug - [...]
beating the winter blues
There’s a recession on. That’s fairly depressing in and of itself. In addition, for those of us in the northern hemisphere, it’s still pretty wintry. Here in the UK it’s actually the most wintry it’s been for 18 years. Although there’s joy to be found in all seasons, lots of us suffer with mild depression [...]
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