State of the Netherlands nationalises SNS REAAL
The Minister of Finance, in close consultation with De Nederlandsche Bank (DNB), has nationalised SNS Reaal. Savings deposits of clients are secure and the service provision of SNS REAAL has been safeguarded. The intervention has averted grave threats to financial stability and the economy. Source
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Black Coffee: Forward March!
It’s time to sit back, relax and enjoy a little joe … Welcome to another rousing edition of Black Coffee, your off-beat weekly round-up of what’s been going on in the world of money and personal finance. I hope everybody had a wonderful week. And with that, let’s
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Where is All of the Money Coming From?
I’ve been writing lately about how investors have continued to buy the dip anytime the stock market falters (see here and here).1 We keep hitting record after record for investor inflows. This is from Bloomberg: Retail traders went on a record dip buying spree Monday, reversing a 1%
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The Dumb Money Isn’t So Dumb Anymore
We also discussed why investors are buying the dip more often, the future of retail trading, how tax-deferred retirement accounts will evolve and how AI will change the wealth management landscape. Further Reading: Two of the Biggest Trends This Decade The post The Dumb Money Isn’t So Dumb
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AI Investing in Canada: AI Stocks vs Tools
Canadian investors are increasingly faced with two related trends: investing in AI stocks (buying shares of companies benefitting from artificial intelligence boom) versus using AI to invest (leveraging AI-driven tools to make investment decisions). Personally, I’m instinctually suspicious of anything that gets this much press coverage and hype
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Stock of the Summer and Unsung CEOs
Memorial Day means mowing the lawn and grilling – while you’re outside we’ve got a company to keep in mind and a few CEOs worth watching. (0:21): Jason Moser and Bill Mann discuss: – What Jony Ive and Sam Altman are cooking up for hardware with OpenAI and
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You Can’t Put a Price on Mental Freedom
I stopped buying active investments (individual stocks, etc.) a few years ago. I've gone through different justifications for why too. Originally I stopped buying active investments because of the performance argument. You've probably heard it before. If 85% of active stock managers can't beat the market over 10
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7 Lies You Need to Know People Tell In Long Distance Relationships
Nearly 10 years ago, my wife and I started our romance in a long-distance relationship. It wasn’t long before we knew the other person was “the one,” but long-distance relationships can be incredibly challenging. The physical separation can lead to people sugarcoating certain things or even completely avoiding
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7 Books That Are Considered Classics Today (They’ll Surprise You)
When we think of classic literature, titles like Pride and Prejudice or Moby-Dick often come to mind. However, the literary canon is ever-evolving, and some books that were once overlooked or controversial have now secured their place as classics. These unexpected literary classics challenge our perceptions and offer
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12 Things In Your Car No One Actually Knows What They Are For
Ever looked around your car and wondered, “What does that even do?” You’re not alone. From tiny bumps on glass to secret hooks near the trunk, today’s vehicles are packed with mysterious details most drivers never question. While some features are purely for convenience, others actually have critical
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