What attracted my attention this week.
TThe Serendipity was too perfect. I thought: I would write about this on Monevator, but who would believe me?
My girlfriend and I were visiting a picturesque part of Wales last week. From nowhere the blue sky turned into a thunderstorm (because we were in a picturesque part of Wales) and we stormed to coverage under a deckzeel that is strung in a parking lot, allegedly meant for the customers of a nearby coffee bus, but certainly advanced compensation by the Welsh Tourist Board.
An older lady appeared from the storm. All smile and shake her head. A few seconds later, her entered even more older partner.
As I often do and she clearly always does that, we are chatting.
Golden sweethearts
It turned out that they were in the middle to late 80 and had been semi-retired for decades.
They looked fitter than some of my university friends.
“We always walk at least 13 km per day!” The lady told me.
“It’s a big world,” Her husband added. “You have to look to see it.”
They had met and married in Malaysia more than 50 years ago when she was visiting as a English teacher. Nowadays they spent half the year in the most chicest part of this city and they spent in October to march abroad.
“It’s always summer for us!” The man laughed.
He asked me what I did for a living, but then he did not listen special before giving me his investment tips. I heard worse.
She said they worked part -time as marriage advisers for their church. It was important to stay active and involved when you are older, she entrusted them.
“I have three advice!” the man interrupted. “Always forgive the other person. Don’t fight more than a minute! And never do anything to make your partner unhappy.”
The latter seemed like a reach, I suggested. In my experience it was often out of my hands?
But he was already telling my girlfriend how he got his baseball cap – and most of the rest of his walking clothes – of visits that he had made to his old employer. Wissing does not want.
The rain stopped and we shake hands and said goodbye. But then it turned out that they actually walked the same way as we are.
Faster than we do …
Now he ran! The jogging baby steps of an 86-year-old, certainly, but certainly pull away.
“He wants to look at the lion ribbons,” The lady told me, watching a powerful walk. About her shoulder: “Nice to meet you!”
I wish I had asked them for their sustainable withdrawal race.
Have a nice weekend.
Monevator
Fire update: Year four – Monevator
The Mysterious Case of Treasury 2061 – Monevator
From the Archive-Der: what is your story about financial origin? – Monevator
News
Rail rates rise with an inflation busting 5.1%- Guardian
Inheritance tax networks register £ 6.7 billion before budget attacks – City of Am
British house prices recover as the market recovers from June DIP – Guardian
… with BOE data that indicate a mini-tree Yahoo Finance
… and nationwide says that homes are the most affordable for a decade – This is money
Metlen confirms date for [much needed] £ 5.5 billion London Listing – City of Am
London commuting cities unveiled as the best places in Britain to retire – Standard
City firms ‘Herwin Voet’ while deals attack and prime huuste rise – City of Am
A speculative frenzy – Sherwood [with no risk premium on US equities]
Brewdog and his crowdfunders mini-special
‘Equity for Punks’ fed the rise of Brewdog, and perhaps his fall – The conversation
How Private Equity swallowed the Brewdog Unicorn [Paywall] – Ft
Brewdog Groot -Britain is dead – The viewer
Products and services
Cash Isa Battle sends the best buy rates again – This is money
How you can pay less for magazines or even get them for free – Be smart with your money
Get up to £ 1500 cashback when you transfer your cash and/or investments to Charles Stanley directly via this link. Conditions apply – Charles Stanley
Do you have to consider a product transfer for your next mortgage? – What
Orgem is approaching different energy costs for varying household wealth – Guardian
Get £ 2,000 when you switch to an interactive investor SIPP. Conditions and reimbursements apply. – Interactive investor
Pets for Pet insurance fall. You can pay even less with these tips – What
The Junior Isa strategy that helped some accounts to reach £ 200,000 – What
Get up to £ 100 as a welcome bonus when you open a new account at Insintengine via our link. (Minimum deposit of £ 100, T&CS apply. Capital in risk) – Investments
The cheapest ways to view the Premier League – Be smart with your money
“We assume everything that a financial adviser does and automate” – FT advisor
Houses for sale in Hotspots aan Zee, on photos – Guardian
Response and Opinion
One-year-old state pension delay could cost more than £ 16,000 in the early 1950s IFA likes it
Index -investing is easier on your nerves – Modest dollar
“Why I don’t pay for a pension” – BBC
Many British say they can’t afford to have children – Independent
Don’t let the comfort crawl out – An educational moment
Could time be free when Young compensates us because they will retire later? – The conversation
“I earn £ 100,000 a year, but I don’t feel rich in London” – This is money
The best leading indicator of wealth – Of dollars and data
Can we build it? No, we can’t – Proponge
Unusual common sense Investing perspectives – Allan Roth
Today’s active managers are more competent, but they are still left behind … – Larry Swedroe
… and there are risks for passive dominance … [Research] – Alfa -architect
AI capital expenditure versus technical employees Mini-Special
Honey, Ai Capital expenditure continues to eat … everything – Paul Kedrosky
These graphs on the spending tree have something for everyone – Sherwood
What happens if we spend $ 3TN on data centers that nobody needs? – Ft
They have a lot and have nots – Ship
The Satya of Satya’s dismissal memo – About Malik
Naughty corner: active antics
Lessons of Investing Before Internet – The letter from Investon
Where do fund managers lose the performance? – Clement on investing
The case for shares with a low volatility CFA Institute
Bitcoin Treasury Companies: Lessons of the Crash of 1929 – Water
Kindle Book Bargains
What they don’t teach you about money By Claer Barrett – £ 0.99 in Kindle
Too big to fail By Andrew Ross Sorkin – £ 0.99 in Kindle
50 Economic ideas By Edmund Conway – £ 0.99 in Kindle
Control the business cycle By Howard Marks – £ 0.99 in Kindle
Environmental factors
Huishanters can now search for a house with an EV charger – This is money
Sheffield Company launches Eco bricks that absorb carbon BBC
Call to have wet cloth producers pay for the contaminated waterways of the UK – Guardian
The rarest breeding birds in the UK throw chickens for the first time in six years – Channel 4
Is the future of aquaculture within Zalm competition? – Good food
Invasive seaweed ‘overwhelming’ Spanish beaches – Guardian
Robot Overlord Roundup
AI is about to make the public internet useless – Philip Rosedale
Everything you say to Chatgpt can be used in court, warns Sam Altman – PC MAG
Reddit is even more influential than you think – Finfluentic
Not at the dining table
I could make a better deal – Paul Krugman
The Great Crime Paradox [Paywall] – Ft
XI Jinping is the most important thing that China stops – Noahpinion
Trump’s tariff disaster [Podcast] – David Frum by The Atlantic Ocean
The costs for financing the US government debt – Econofact
“We voted for retaliation” – The Atlantic Ocean [h/t Abnormal Returns]
Off our beat
“I stopped with life -saving medication” Says man after fighting for NHS -Zorg – BBC
What happened to all serial killers? – Derek Thompson
How diet can slow the chronic illness in old age – Independent
The Red Queen Fallacy – The garden of fork paths
Neanderthals were not ‘hypercarnivores’. They partyed on maggots – Guardian
That’s why we can’t have fun things: ‘Dine and Dash’ edition – BBC
How bread versus rice -godded history – Unknown areas
A nostalgic diesel train ride through Portugal – BBC
And finally …
“Advice is one thing that just like freely given away, but look that you only take what it is worth to have.”
– George Clason, The richest man in Bablyon
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#Read #weekend #Meet #idols #Monevator