Appreciating Your Assets

A penny saved is a penny earned? Take care of your pennies and your dollars will take care of themselves? A (magic) penny that doubles it’s (“compounded“) value every day would very quickly be “worth” more than a million (paper) dollars. What do YOU think about pennies – and dollars?

Offering a penny for someone’s thoughts doesn’t usually make putting their two cents in “worth” doing (or a fair exchange of “value”). Even offering a dollar (coin) is not likely to change things much. Pennies used to be made out of copper (and nickels out of nickel). Today, they no longer are. Dollar coins were once big, heavy, and made out of silver. Today, dollar coins are golden in color and made mainly out of copper (and a little zinc, manganese, and nickel) – and are lighter than two quarters, four dimes, two nickels, four pennies, and an average car key. (more…)

Greece is the word – for things many people may not want to admit or talk about. Squeaky wheels may get grease to keep them quiet, but squeak or squawk too much about “money” in Greece (or Poland) and getting “greased” may mean (permanent) “liquidation”. Be especially wary of those whose principle interest is the interest on “their” principal. If you have the “foggiest” idea of what I’m talking about, be careful when, where, and with whom you fly…. (more…)

The tallest structure in the world is (Burj Khalifa) in Dubai (United Arab Emirates). It was paid for in SILVER. Dubai is one of a growing number of countries that do not accept the Federal Reserve Notes (called “Dollars” by Americans) that have been the “reserve currency” of the world since 1944. (more…)