Bitcoin had a crazy ride today, dropping from 18.000$ to 11.000$ and now somewhat stabilized at 13.500$. Must be hard for a bitcoin billionaires around there. So I thought you might enjoy this little rap clip/sketch from reason.com :
If you have been watching the Dow Jones setting new all time highs and believe all stocks are overvalued, then you are wrong. You might want to take a look into Russian stocks.
American and Russian stock market comparison
American stocks are indeed very expensive with a CAPE ratio (price relative to its past decade’s worth of average real earnings) of 29. But if you look further, then you see that Russia has a CAPE ratio of 5.6 and a Price/earnings ratio of just 8. This means Russian stocks are your best buy if you just look to the financials.
This article is going to be about how I started investing and will warn you about my mistakes. I will also share my advice on how to get started.
The definition of investing is to “put (money) into financial schemes, shares, property, or a commercial venture with the expectation of achieving a profit.”
So it’s all about how you put your hard earned money to work, to acquire more money in the future. Starting with investing is really easy nowadays. You can open up an account within minutes, and the transaction fees are lower then ever!
This article will be about why NOW is the time to invest in Nuclear Energy and Uranium.
Energy will always be a good investment, because the usage will keep increasing. This is especially true for developing countries as their populations and standards of living increase.
The challenge many nations’ utility companies face in meeting future demand is how to economically increase ‘baseload electricity outputs’* in ways that minimize environmental impacts. Reducing CO2 emissions through low-carbon sources of electricity is widely considered to be essential in combating global warming.
* The amount of electricity required to provide stable, day to day electrical needs for a utilities’ customers basic needs that is not used in response to weather conditions (ie: heating and cooling)
Well, as a finance blogger, I should write some articles about what keeps people busy at the moment. And for a couple of weeks now, bitcoin is all over the news again because of the rapid price increases and the huge volatility.
I guess most of you have read a lot of stuff about crypto currencies already, but here is a nice explanation of btc, and the blockchain technology: https://www.forbes.com/sites/madhvimavadiya/2017/08/22/blockchain-bitcoin-ethereum/#7b7c69916df9 .
Furthermore, the big bang theory made an episode about bitcoin (link: s11e9). The moral of this episode is quite familiar to me. (I knew bitcoin when it was worth barely anything, and couldn’t find them on my old laptop anymore..).
So now you have read some stuff about bitcoin, I will just share my thoughts about it.