Today, I went to the beach- A beautiful day- Thank You Jesus for the rain- Clear skies and clean air- And no cars- The wind was chilly but the beach was beautiful! Yup, the beauty of SoCal- But because the winds were so strong, we could not stay long on Continue Reading
Economics
[Economics] Goldman and Morgan Stanley to Punish Those Who Did Not Certify
Wow- 2021 is way out of control then I thought- First, we had the Capitol Hill rush. Then we had Facebook, Amazon, and Apple remove Parler. Then Goldman and Morgan Stanley vowed to not give money to those politicians who did not certify Biden. I don’t believe in conspiracy theories Continue Reading
[Economics] Food Shortage and Food Inflation
Vietnam buys rice from India… What’s wrong with that? Trade is good. But this shows the demand for food is increasing but the supply is somwhat limited. Third largest rice producer buying from the first rice producer shows that there is huge demand but limited supply. If food price goes Continue Reading
[Economics] High Taxes and Chaos Don’t Work
U-Haul data shows that people are moving to more conservative and lower tax areas such as Texas, Tennessee, and Florida. Yup, high taxes don’t work. People don’t like when a third of their income and more is just taken away. The worst part is that money is not spent well. Continue Reading
[Economics] Tiny Houses
I love tiny houses. I love their efficiency and clever design. The space can be easily converted. The place can be heated and cooled easily without using a lot of energy. Also, not a lot of stuff to clean. Plus, it reminds of space constraints so you won’t buy things Continue Reading
[Economics] Premium Electricity from Landfills and Dung
California now can pay for premium electricity generated by gas from landfills and dung. Well…it is good for the environment but not sure how competitive it is in the long run. But I am sure that Hollywood and the green crowd will be willing to pay a premium. Also, green-building Continue Reading
[Investing] 2020/12/15
Markets just want to go up again- Last minute push wow— I won’t be complaining- Swing traded #EPM, #BRG, and #AG. Good day- Portfolio recovered nicely- Bought some new REITs: #BRT and #NYMT. #BRT will do well as people move out of cities to growing areas in Texas, South Carolina, Continue Reading
[Economics] Losing Money to Drive for Uber?
So I came across an article that said that an individual lost money driving for Uber. First, it is true that Uber/Lyft became less profitable over the years due to competition. Second, Uber has played games with the payment to drivers to control costs. And yes, sometimes, it is confusing Continue Reading
[Economics] Economics of Robbing Delivery Trucks
Gangs are robbing delivery trucks– Why? Because the math works out. With COVID19, there are more deliveries and with the holiday season coming, delivery trucks are packed with goods- So the reward of robbing a delivery truck has gone up while the risk has remained the same. Also, many small Continue Reading
[Economics] Alcohol Ban Before Thanksgiving-
Pennsylvania governor will ban sale of alcohol the day before Thanksgiving– Wow…this seems very stupid- First, people will just buy ahead of time. Second, there will be people selling illegally now for those who couldn’t buy alcohol before. So booze just became more expensive and you are making some people Continue Reading