Some people are rich long before they have money
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In the beginning of January last year we made a post about what we predicted will happen in 2009. 2009 is now over. Here is a look back to the predictions and how well we did. 1. The dollar will fall 20% or more against the Chinese yuan. Verdict: WRONG! The Chinese yuan has staid [...]
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“Never make predictions, especially about the future.” Casey Stengel One of the worst things you can do is to predict the future. Your predictions will almost always be wrong and you will look like a fool. Looking back – you have no idea how you couldn’t even predict the simplest of things. Regardless, here are [...]
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This is a detailed summary of what happened in finance in 2008. 2008 was one of the worst years in the financial markets after the Great Depression in the 1930-s. Worst year for Dow Jones since 1931 The Dow Jones Industrial Average finished its third worst year throughout history and the worst year since 1931. [...]
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