Friday 21 July 2023

[Post 257] How to earn $80,000, $90,000 and $100,000 in interest alone every year for retirement


Summary

An "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $80,000, $90,000 and $100,000 every year in an interest-only retirement. Check out this video to learn how much you will need to turn that dream into a reality.

Thursday 20 July 2023

[Post 256] Book Summary 5: DIE WITH ZERO By BILL PERKINS


Summary

The money you leave behind doesn’t really say a whole lot about the life you've led. So how can you spend your money to live a truly blessed life?

Tuesday 18 July 2023

[Post 254] Why Citibank Branches Are Closing Around The World


Summary

After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years. In 2021, CEO Jane Fraser announced a bold shift in the company strategy, exiting 14 consumer markets outside of the U.S. and instead doubling down on wealth management. It’s a tactical move that several other major banks like Bank of America and Wells Fargo have adopted in recent years. So will Citi’s bet pay off and can the company return to its former glory?

Saturday 15 July 2023

[Post 253] Document 72 Hours - The Convenience Store in a Midwinter Hokkaido Village Eng Sub



Summary

The Hokkaido village of Shosanbetsu is home to about 1,000 people and a single convenience store. Residents rely on this store as a source of fresh food and basic necessities, especially in midwinter. Among the customers were a woman who uses a sled to carry her shopping home; an octopus fisherman who shops there three times a day; and a hair stylist who knows everybody in Shosanbetsu. For three days as a blizzard buffeted the area, we spoke to the store's customers to get a glimpse at life in this village.

Wednesday 12 July 2023

[Post 252] Heatwaves, water shortage, storms - why extreme weather is becoming more frequent | DW News


Summary

According to the US National Centers for Environmental Prediction, the average global temperature on Monday hit the highest level ever recorded, 17 degrees Celsius, 62 degrees Fahrenheit. As if that weren't enough, on Tuesday that record was shattered again.  
These are not records anyone covets.  Scientists say they’re part of the climate change equation.  A warming planet plus more extreme and unusual weather. 
In the Netherlands people are cleaning up and assessing the damage.  On Wednesday the strongest summer storm ever recording slammed into the country.   And that is where our first report takes us..