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https://www.youtube.com/watch?v=xhxo39oXRiio
Wendover Productions
6/8/2023 10:54
Battery degradation is a significant piece of the equation. My plug-in hybrid car used to go almost 18 miles on a full charge. Now, 45,000 miles and several years later, I am lucky if I get 10 miles on that same charge. Replacing the batteries with newer ones is expensive. I hope Tesla is solving this degradation problem
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https://www.youtube.com/watch?v=xhxo40oXRiio
Wendover Productions
6/8/2023 10:54
Great explanation that has helped me to understand the real challenges. However, another method of electric generation is Tidal. This source will always be available so long as we don't lose the moon. Expensive yes but fuel is the recycled use of water
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https://www.youtube.com/watch?v=xhxo41oXRiio
Wendover Productions
6/8/2023 10:54
Peak demand limiting (demand response) for commercial, industrial and residential customers has been around at least 40 years in the U.S. Raising cooling setpoints a few degrees during peak hours and shutting off non-essentials makes a huge difference.
0
https://www.youtube.com/watch?v=xhxo42oXRiio
Wendover Productions
6/8/2023 10:55
High voltage DC lines are also regularly used (and at much shorter distances) anytime you need to transmit power under water . The electromagnetic coupling between the (conductive) water and power lines in close proximity means much greater losses for AC in this scenario, which is why you find most of the world's high-voltage DC lines being used to transmit power across narrow parts of the sea.
0
https://www.youtube.com/watch?v=xhxo43oXRiio
Wendover Productions
6/8/2023 10:56
tesla's battery installation in australia has been phenomenally successful at stabilizing the power grid to which it is connected. it can react to load changes in literally msec. and does so. it has saved a ton of money .
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https://www.youtube.com/watch?v=xhxo44oXRiio
Wendover Productions
6/8/2023 10:56
Typically base load is covered by nuclear and hydraulic because they are the cheapest. Then peak loads covered by coal plants, next cheapest and relatively quick to start up. When things get desperate then the gas turbine plants kick in (most expensive).
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https://www.youtube.com/watch?v=xhxo45oXRiio
Wendover Productions
6/8/2023 10:56
Another big issue that will come up with power is that you can only do so much wind and solar because when they shut off and before the natural gas or hydro turn on it makes what?s called a duck curve which causes huge problems on the grid when a huge source like solar or wind turn off and the time it takes to turn on other sources which a huge problem in California.
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https://www.youtube.com/watch?v=620omdSZzBs
National Geographic
6/9/2023 10:18
I worked in the eastgate building everyday 8am-5pm for a year. I would say in hot weather temperatures inside the building (around 25?) were pleasant compared to those outside (around 30?). Hot weather is 9 months in Zimbabwe. However, during 3 months of winter the lower temperatures inside the building were uncomfortable for many. It was better to be outside
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https://www.youtube.com/watch?v=621omdSZzBs
National Geographic
6/9/2023 10:18
The indis valley civilization also had a self cooling architecture. Marble and granite were also used as cooling devices in ancient structures as well
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https://www.youtube.com/watch?v=622omdSZzBs
National Geographic
6/9/2023 10:18
I had the pleasure of meeting the architect once. A very humble and down-to-earth person. If you liked this building, you might also want to check out the CH2 he designed in Melbourne. Sensible passive design principles augmented by modern technology can yield some amazing results in terms of aesthetics and energy efficiency.
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https://www.youtube.com/watch?v=623omdSZzBs
National Geographic
6/9/2023 10:18
Termites also orientate their structures to make the best advantage of the suns radiation, something that is still beyond most building designer/architects
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https://www.youtube.com/watch?v=624omdSZzBs
National Geographic
6/9/2023 10:18
The idea is quite similar to those in the middle east with tall chimneys that also release hot air and lower opening underground that draws cool air in. This is genius. I am wondering if that same principle could be used in humid climate regions.
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https://www.youtube.com/watch?v=625omdSZzBs
National Geographic
6/9/2023 10:19
Actually a termite mound uses Bernoulli's principle for ventilation. The pressure difference between outside and the inside creates forced ventilation even with the slightest of the breeze on the outside. The chimneys on top probably mimic this to an extent, but since the floors and spaces are stacked mechanical cooling is probably required. Not much biomimicing from the mound though.
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https://www.youtube.com/watch?v=626omdSZzBs
National Geographic
6/9/2023 10:19
I think this design concept is not new by any means but I think it is cool. Imagine whole neighborhoods inside a building that has indoor "outdoor" space. With the skylights in the right spot, you could make it feel like you were outside on a warm day. Then each individual living unit and business could choose to condition their air. It would be cheaper to condition those units when you are starting from 82 deg. rather than 100+.
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https://www.youtube.com/watch?v=627omdSZzBs
National Geographic
6/9/2023 10:20
Over the past months I've been studying about Ants and their intelligent behaviors, and just like this video the findings are just mind blowing! And for my profession as Drone and Artificial Intelligence Engineer, the possibilities are limitless on what systems we can come up with from that perspective.
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https://www.youtube.com/watch?v=628omdSZzBs
National Geographic
6/9/2023 10:20
This is innovative for large buildings. But similar methods have been used with family homes in the Sahara for centuries. During the day when it's swelteringly hot outside, it's cool inside. At night, when temperatures drop to near zero C, it is warm and cosy inside. Key are the building materials. They absorb and release heat with a delay of about 12 hours.
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https://www.youtube.com/watch?v=629omdSZzBs
National Geographic
6/9/2023 10:20
I heard about this termites construction and Zimbabwe building 8 years ago and now I'm watching it's construction through video. It's amazing. Thanks for this video
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https://www.youtube.com/watch?v=630omdSZzBs
National Geographic
6/9/2023 10:21
Many buildings are made by Dutch in early 20th century or even earlier with the same concept and works well. However, when the air becomes more and more polluted, this approach needs to be revisited.
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https://www.youtube.com/watch?v=631omdSZzBs
National Geographic
6/9/2023 10:22
This is like the perfect National Geographic video topic. It?s about internationality, the arts, science, engineering, ecology, biology, and humanity.
0
https://www.youtube.com/watch?v=632omdSZzBs
National Geographic
6/9/2023 10:22
82?F ( 27,7? C ) is quite comfortable to most people in tropical countries, it can make you sweet some time. For me and my family, we usually set at 27? C at night to avoid cold fever. In the office , ppl may set it to 20-24?C then many will complain while other bring thin jacket to backup
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https://www.youtube.com/watch?v=633omdSZzBs
National Geographic
6/9/2023 10:22
This guy is a genius! Thanks to his ingenuity and of course the termites (nature) a lot of new building should try to replicate such designs. Why waste power when we don't really have to use it. I could see this would be a lot useful in countries especially close to the equatorial regions. Correct me if I'm wrong though. Thanks for sharing National Geographic.
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https://www.youtube.com/watch?v=634omdSZzBs
National Geographic
6/9/2023 10:22
The termites use the humidity of underground to cool plates of mud there like if it was a water air conditioner, so there is always cool air to replace the hot air. They don't use the night temperature so their mounds are still superior to that building system.
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https://www.youtube.com/watch?v=635omdSZzBs
National Geographic
6/9/2023 10:23
The termite mound is dug into the ground so it's cooled geothermally. The building doesn't do that. The temperature and maybe air pressure differential between the top and the bottom may promote air circulation that moves the cool air up through the structure.
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https://www.youtube.com/watch?v=636omdSZzBs
National Geographic
6/9/2023 10:23
I think the actual shape of the termite mound was considered when the termites made that mound. The architect should have also copied the shape of the mound when they designed the building.
0
https://www.youtube.com/watch?v=637omdSZzBs
National Geographic
6/9/2023 10:23
In Harare, Zimbabwe, where this building is in, temperatures can get up to 30 deg C (which accuweather says feels 33) in the mornings on the hottest month of November and as low as 2 deg C at night during their coldest month of June. So 27.7 morning indoor temp and 13.8 nighttime indoor temp, without the cost and greenhouse gasses of air conditioning, is pretty okay.
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https://www.youtube.com/watch?v=638omdSZzBs
National Geographic
6/9/2023 10:24
Despite being in the tropics, Zimbabwe has a temperate climate and summers in harare can go as high as 32 degree celcius. The Eastgate mall has a constant and nice temperature. It's not hot or cold in there... And the building is amazing. But the security won't allow you to take pics in there unfortunately, I don't know why. I think you need special permission
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https://www.youtube.com/watch?v=639omdSZzBs
National Geographic
6/9/2023 10:25
Chicago has a system where it collects lake ice during the winter and keeps it underground and circulates the cold water from the runoff throughout the summer to cool buildings.
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https://www.youtube.com/watch?v=640omdSZzBs
National Geographic
6/9/2023 10:26
nowhere in this video was a termite mound feature that was 'mimic'ed actually described. The only thing this mall and the termite mound seem to have in common is that they both have some form of ventilation. The termite ventilation however is passive, while the mall has electric fans and ducting.
0
https://www.youtube.com/watch?v=641omdSZzBs
National Geographic
6/9/2023 10:28
I would be curious to see how the dealt with the fire risk. This this is pretty much a chimney fire starter with all the air flow and chimney effect.
0
https://www.youtube.com/watch?v=642omdSZzBs
National Geographic
6/9/2023 10:36
82 degrees farenheit during the day is equivalent to 27.8 deg celisus, which is not comfortable. And even though following the adaptive comfort approach we could consider that temperature almost comfortable (doubtful), the average max temperature in summer days in Harare is around 29deg Celsius. I would have expected results a bit better if mechanical ventilation is used together with thermal mass. I know a lot of internal heat (IT, people, etc) has to be dissipated, but this system seems not better than normal natural cross ventilation, which is cheaper and more efficient. I think that 82 deg farenheit data has to be wrong or is an extreme weather condition in summer (not the average). The data should be 'interior temperature is x deg lower than exterior temperature'
0
https://www.youtube.com/watch?v=643omdSZzBs
National Geographic
6/9/2023 10:36
I think that 82f should be reduced to around 70f to be more comfortable, I mean room temp should at least be 23c ryt? Not to mention it's a building so the more people inside is, the warmer it gets.
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https://www.youtube.com/watch?v=644omdSZzBs
National Geographic
6/9/2023 10:37
I hope NatGeo uses the metric instead of imperial. It will be one small but impactful step towards encouraging the use of the metric system in the US.
0
https://www.youtube.com/watch?v=645omdSZzBs
National Geographic
6/9/2023 10:38
Why arent more buildings like this? Less energy to cooldown, extended overhangs break up the wind tunneling effect that happens between buildings in cities, provides more areas for birds and plants to go, it sounds like a no brainer.
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https://www.youtube.com/watch?v=646omdSZzBs
National Geographic
6/9/2023 10:38
If an architect can inspire a self cooling building by copying termites, what other beneficial designs can we use and benefit from by taking a closer look at nature?
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https://www.youtube.com/watch?v=647omdSZzBs
National Geographic
6/9/2023 10:39
The Austrian movie archive was inspired by any houses the archive was made from laminated timber wood. And it holds the Temperature at +2?C stable or was it more I can't remember it and it doesn't even need to run an cooling system.
0
https://www.youtube.com/watch?v=648omdSZzBs
National Geographic
6/9/2023 10:43
Cement is not that valid for a cold building it can be used as a sturdy foubdation .... but in general you need mud bricks to cool off the weather . Solar panel . Water etc..
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https://www.youtube.com/watch?v=649omdSZzBs
National Geographic
6/9/2023 10:44
Am Zimbabwean before anyone says anything they should take a look at this structure its so magnificent and beautifully done am proud
0
https://www.youtube.com/watch?v=650omdSZzBs
National Geographic
6/9/2023 10:44
Nature is the greatest engineer, which didn't studied at Harvard or Stanford ??
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https://www.youtube.com/watch?v=651omdSZzBs
National Geographic
6/9/2023 10:45
But its not really self cooling is it if it still needs fans and therefore elecrricity that attracts cold air in the night.. but cool concept.
0
https://www.youtube.com/watch?v=652omdSZzBs
National Geographic
6/9/2023 10:46
Every single thing mankind creates has natural origins. Amazing...
0
https://www.youtube.com/watch?v=653omdSZzBs
National Geographic
6/9/2023 10:46
If this building was truly to be an energy-saving building why are there no solar panels placed on the exterior?
0
https://www.youtube.com/watch?v=654omdSZzBs
National Geographic
6/9/2023 10:47
This is nothing in comparison to old Indian temples. Their engineering is ahead of the time.
0
https://www.youtube.com/watch?v=655omdSZzBs
National Geographic
6/9/2023 10:48
Had we adopted this biomimicry worldwide in the 1990s, leading to a marked decrease in the need for airconditioning, perhaps we will not face climate change problems we are now facing today.
0
https://www.youtube.com/watch?v=656omdSZzBs
National Geographic
6/9/2023 10:48
Mother nature already has all the solutions, especially when it comes to medicine.
0
https://www.youtube.com/watch?v=657omdSZzBs
National Geographic
6/9/2023 10:49
Persian people have been using similar system for thousands of years (Check Wind Towers) - also they could make ice in the desert and store it!
0
https://www.youtube.com/watch?v=658omdSZzBs
National Geographic
6/9/2023 10:50
Did the cooling system built by the termites come about by evolution, or was it designed?
0
https://www.youtube.com/watch?v=658omdSZzBs
National Geographic
6/9/2023 10:51
Only 35% increase in efficiency with every inch of the building specifically built around that function doesn?t seem that impressive. The increased cost of such a cool architecturally unique building must have cost FAR more then a regular building? Consuming years worth of that energy saving in advance I would think.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:22
I wonder if Monopolies can be prevented by the initial monopoly creator open-sourcing their technology, encouraging rather than smothering competition.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:28
The difference between price and marginal cost under monopoly results in super-normal profits to the monopolist. Under perfect competition, a firm in the long run enjoys only normal profits.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:29
Competition isn't supposed to be good for innovation, it's supposed to be good for consumers.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:30
Ironically, the law which is supposed to break up monopolies, in practice, actually creates them. Companies lobby the government to selectively use the law against their competitors, to make THEMSELVES the monopoly. So, it's a stupid law, and they should get rid of it. It only contributes to crony-capitalism. We should let natural monopolies stand, after all, wanting to achieve a monopoly is what motivates entrepreneurs to innovate/invest in the first place.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:30
A monopoly is almost total control over one good. It hurts small businesses, employees, and innovation. The Sherman Anti-Trust Act bans Trusts (or monopolies) in the USA. It is almost nearly impossible to create a monopoly today. The worst monopolies were actually over steel (when it wasn't cheap and imported from China) and oil (in the case of John D. Rockefeller and the standard oil company).
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https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:31
To be fair, IBM still owns the mainframe market. These mainframes are still important in certain computing tasks that supercomputers are not as optimized for. Mainframes are actually very widely deployed in the commercial retail and airline industries as examples.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:31
that?s why fashion monopolies are so hard to build, the fashion industry innovates slowly, so the only thing that fashion businesses can do is change their aesthetic and styles, but in doing so you lose what everyone loved about your clothing originally.
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https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:32
Competition is always a good thing. It Forces Us To Do Our Best. A Monopoly Renders People Complacement and Satisfied With Mediocrity
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https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:36
Easy answer: ask the government for help! Open market monopolies cannot abuse monopoly privileges for any significant period of time without losing that status.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:36
In my city the Mafia monopolized everything - banks, airport, tourism, contruction... now all the foreign investment goes to other places and the so called monopoly is just playing with their own money passing it around from one place to the other. IMO comptetition leads to innovation, whereas monopoly eventually leads to stagnation and decline.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:38
There is such thing as a good monopoly. Take a free market monopoly as an example. The only way to create a monopoly in a free market would be to drive down prices beyond anything anyone else can do and keep your customers happy.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:38
Side fumibling had already been negated for the turbo encabulator, I think you are barking up the wrong tree there. Also you are use the TE for time travel? it isn't going to get you far seeing as it only generates power and does not actually have any compentents that might distort time and space, yes, even the Rockwell automation parts.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:41
Monopolies don't have a bad reputation in the U.S. They're illegal here. That's why Google has 89% of the search engine market. At 90% they become a monopoly and are forced to disband.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:44
A monopoly on the fastest car could exist if there is a new technology that decreases the currently exorbitant cost of production. Then by utilizing a distribution channel akin to Tesla, the company could reach economies of scale and lower the price further.
0
https://www.youtube.com/watch?v=OAIy5Lii3zw
Business Casual
6/5/2023 10:45
The better way is through exploitation and manipulation. Why waste time formulating ideas when you can exploit those who have better ones? Capital is much more important than labor or ideas when doing anything in capitalism.
0
https://www.youtube.com/watch?v=az6NibAUf7Y
Motiversity
6/5/2023 11:01
I value education a lot . The problem is that people limit education to what they only learn in school. They think their degree/diploma/certificate is enough and they neglect the fact that there are some things that they have to learn on their own . Being self taught is also a part of education.
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https://www.youtube.com/watch?v=az6NibAUf7Y
Motiversity
6/5/2023 11:09
When you see going to schools is a mean of making money, sure, it might be obsolete. However, people who go to college build our society. They build the real estate and the stock you are making money from. Please don't look down at people who like schools. Rich people's money are built on top of educated people's knowledge.
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https://www.youtube.com/watch?v=az6NibAUf7Y
Motiversity
6/5/2023 11:10
I immediately relate with his position because in trying to establish myself as an entrepreneur, I dumped a job and the fear of losing it, setup a business, lost it, got broke, fell flat, had nothing but my illuminate mind. last time I checked its still intact
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https://www.youtube.com/watch?v=az6NibAUf7Y
Motiversity
6/5/2023 11:11
As an Asian we are realist not everybody is an entrepreneur and not everybody is cut as a employee. So nature would push you to either one. Dont compare your life with others just be prudent in your expenses and you would be fine. Be proud of yourself and do good to others. Opportunity would come knocking at your door.
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https://www.youtube.com/watch?v=az6NibAUf7Y
Motiversity
6/5/2023 11:11
the only thing that can make you rich is a heart that is filled with joy ,and that the ones you love that their hearts are also filled with joy. nothing material can do that, after all you cannot take it with you when you die but a joyful heart will guide you
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:30
A number of the most eminent market experts have been expressing their views on the severity of the impending economic downturn and the extent to which equities might plummet. This is because the economy is heading towards a recession and inflation is persistently above the Federal Reserve's 2% target. As I'm aiming to create a portfolio worth no less than $850,000 before I turn 65, I would appreciate any advice on potential investments.
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:30
Currently I'm just being smart and frugal with my money, I'm in the green 47% over the last 23 months and l've accumulated over $700K in pure profits from DCA?ing into stocks, ETFs, dividends and futures. However I?ve been in the red for a month now. I work hard for my money, so investing is making me a nervous sad wreck. I don?t know if I should sell everything, sit and just wait.
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:31
You cannot cut your way out of recession you've got to invest your way out of recession, the Conservative party are in the dark ages on policy they've got to think again. My primary concern is how to maximize my savings/retirement fund of about ?170k which has been sitting duck since forever with zero to no gains.
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:31
I'm wondering if people who went through the financial crisis in 2008 had an easier time than me right now. The stock market is making me really worried because I've lost over $27,000 in just this month and I'm not making as much money as I used to. This is making me concerned that I might not have enough money saved up for my retirement since I can't add to my savings.
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:32
You got valid points though Inflation is dilapidating. Quite sad what's happening in the market. Although, even the worst recessions offer wonderful buying opportunities in the markets if you're cautious. Volatility can also result in excellent short-term buy and sell opportunities. The market circumstances are driving me insane, my portfolio has lost almost $13K this month alone, my earnings are tanking. I'd appreciate some financial advice from anyone who knows more going forward.
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:34
Some economists have projectede that both the U.S. and parts of Europe could slip into a recessions for a portion of 2023. A global recessions , defined as a contraction in annual global per capita income , is more rare because China and emerging markets often grow faster than more developed economies . Essentially the world economy is considered to be in recessions if economic growth falls behind population growth.
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:34
Dividends are what got me into investing in the stock market. The thing to me is, if you invest and have other income outside of dividends then you will be able to live off dividends without selling. Which means you can pass that on to your kids which will give them a leg up in life. Have over $600K in my portfolio as I bought a lot of dividend stocks before, I'm buying more now, and I will buy more when it drops further
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:41
Stock underperformance and bear markets are to be seen as opportunities to buy and sit tight watching your investment reap returns. Instead, panic and insecurity cause many to sell thus losing out on the markets. Grit, patience and resilience are virtues.
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:41
I did well in 2008, got into stocks as a teenager. Got enough to make a good down payment on a house. Sitting on the side line patiently waiting to see what happens . I feel like stocks are too high right now. But when I invest I just stick to dividend stocks now. I sleep better know if they go down I at least am getting a dividend.
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:44
Success seems to be connected with action . successful people keep moving . They make mistake ,but they don't quit .The stock market has plenty of opportunities to earn a decent payouts, with the right skills and proper understanding of how the market works.
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:45
I've come to realize as an investor that instead of letting my money sit idle in my savings account it is more productive to invest the little available and build a portfolio from the accumulated profit of investment
0
https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:45
The power for creating a better future is contained in the present moment, You create a good future by creating a good present.The key to financial freedom and great wealth is a person's ability to convert earned income into passive income to build generational wealth
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https://www.youtube.com/watch?v=uF_cJF4ukTY
Millionaires Investment Secrets
6/5/2023 11:47
Understanding personal finances and investing will most likely lead to greater financial independence. By being knowledgeable about money and investing, individuals can make informed decisions about how to save, spend, and invest their money. A trader made over $350k in this recession influenced market
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:44
From my experience, the best use of money is investing it into assets, no matter the amount you wish to save, it?s better off being invested in assets. Today, if you keep $10k in a typical savings account, you?ll only make about one dollar. Compare that to investing in assets, Personally I invest in stocks, real estate investments, cryptos and cumulatively my income per month from those investments sums up to about $50k monthly.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:44
I think one should have different types of investments depending upon amount of money and political conditions of the countries.
0
https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:53
I agree. It is best to have physical gold and silver. Paper money can be devalued. When my mother had to leave her mother country quietly due to war she was able to leave with all her gold jewellery. Sometimes one is not always able to pull your money out of the bank
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:54
Gold and silver prices have been suppressed for a couple of decades now. I recall seeing articles in the 2000s saying gold would hit $3k by 2010. While it did rise, gold came nowhere near $3k. Also, you would have find something trade or give you most of the value of that precious metal.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:55
Precious metal is also not safe. Although their price could rise in the future but not necessarily same as interest rate in banks
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:58
What many don't understand is, that paper money is just a number. The value of gold stays always the same. The reason why an unz of gold is 2000$US is that the dollar lost it's value and not the gold.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:58
Gold is at record highs at the moment, and it is never a good idea for an investor to buy at the top. If one looks at gold charts, one will see that it can take decades for gold to increase significantly. In my opinion, gold investing is for the long term, and best done by generational families, institutions, and firms.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:58
Inflation is calculated on WPI while the CPI is much higher, so there is steady erosion of real income.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:59
Over the last decade gold has held its own barely below inflation. Silver and platinum have dropped. Palladium has done well, but is unmentioned.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 9:59
Mental and Physical Health, Environmentally Sustainable Ventures and Interpersonal Relationships (Family, Friends, Colleagues) are the best co-assets that multiply monetary assets.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:01
Yet the ?valueless? cash is still the standard for measuring the value of the valuables. In other words, cash has no value, yet, by the volume of cash attracted, value is apportioned to everything else.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:02
Folks....think about this. The rich or the upper class are in that economic/financial positions to maintain and increase value of their holding / wealth were achieved not by accumulating and hoarding precious metals.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:03
Keeping money in bank does not increase but covers inflation as fd rates are near about inflation . But if u invest in share n mutualfunds your money can go down or may be finished
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:03
Copper is a good metal to invest in. Lead would even be a good investment. The Promise To Pay on American "BANK NOTES" is only good till the Government Breaks it's Promise. Be safe my friends.
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:04
Litecoin and bitcoin go hand in hand, like digital silver and gold. Litecoin (LTC) is a digital commodity which cannot be seized, frozen, or confiscated; LTC is a decentralized digital crypto payment medium without intermediaries such as banks. Its purpose is not to overtake or compete against but rather to complement Bitcoin (BTC), like silver complements gold. From its inception in 2011, Litecoin was designed to be the "digital silver" to Bitcoin the "digital gold".
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:04
Precious metals earn no interest and cost money to safely store. They're fine for a portion of an investor's assets as diversification but they MASSIVELY under-perform US stocks over a multi-decade time frame, earning roughly inflation, vs. an inflation adjusted (real) return of over 6 percent over the long run (like since about 1928, when good records were first available for the long term).
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:06
I watch the gold market on a daily basis. The price seems to bounce around like a rubber ball. I have done better with investments in property. With property you are in control not an investment company. Just saying
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https://www.youtube.com/watch?v=SrQTOhafE4A
Retire Rich
6/6/2023 10:09
There's lots of speculation and guess work in this article. The way things are going none of these suggested options will be worth what is claimed. I've invested in my survival I'll be secure and fed. Come to me for food and protection with gold or any such chattel I'll laugh at you. Real wealthy people have invested in their survival and is kept secret from the sheeple.
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https://www.youtube.com/watch?v=eDa1U9qJKxo
Escaping Ordinary (B.C Marx)
6/6/2023 10:22
I personally believe and agree for almost of this books content. But poor is a complex situation, especially the structurally poorness. Even if you have this kind of mentality, some people really didnt even get the priviledge to try in the first place.
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https://www.youtube.com/watch?v=eDa1U9qJKxo
Escaping Ordinary (B.C Marx)
6/6/2023 10:23
Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future. Putting our time and effort in activities and investments that will yield a profitable return in the future is what we should be aiming for. Success depends on the actions or steps you take to achieve it. "You're not going to remember those expensive shoes you bought ten years ago, but you will remember every single morning when you look at your bank account that extra 0 in there. I promise, that's going to be way more fun to look at everyday", I pray that anyone who reads this will be successful in life
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