Woke Inc. shelves multiculturalism

I was reading yet another Hate YT story and realized something interesting: we never hear the word ‘multiculturalism’ any more, even from the same elites who once pushed it with the same gay abandon they once spruiked the campus rape epidemic and Bruce Jenner.

I thought this might just be my impression, not reality, so I checked Google Trends to see how much the word is being searched worldwide.

This is what I found:

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Friday Finance: the trouble with advisors

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Small to Medium Budget.

Common Problems With Financial Advisors

These are the common problems you are likely to encounter:

1.  Some advisors get a commission (basically a kickback) for referring investors to specific funds.  That was probably why the advisor I described above was recommending me inappropriate margin loans.  For example, if your advisor recommends that you put $100,000 into the high-fee, hypothetical Adamantine Investment Fund, he might score a 1% commission if you go ahead with it.  That’s $1,000.  Worse, this might be a trailing commission.  That means he gets 1% for every year that you’re in the fund.  Five years later you may have increased your AIF investment to $200,000 and that advisor from ages ago who you’ve totally forgotten about is still helping himself to $2,000 every year! 

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Researchers taking the piss

There’s a bloke called Jeffrey Long who claims to have scientific evidence that near-death experiences prove some form of afterlife.

So what, you ask? Whatever you think about the soul, you probably assume that he’s just another crackpot.

In fact, Jeff is a medical doctor specializing in oncology who has compiled many accounts of near-death experiences. His research is dismissed by his colleagues and his career has no doubt been limited by his obsession.

Jeff reckons he’s the victim of bias because medical journals refuse to publish his research even though it meets their criteria in terms of methods and statistical significance.

He’s written a book on the subject and is big in mystical, new age circles but sources very close to him suggest that there’s more here than meet the eye.

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Friday Finance: my own experience with dodgy financial advice

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Small to Medium Budget.

Step 9: Get Advice

No man is so wise that he can afford to wholly ignore the advice of others.

James Lendall Basford

By now you should have approximately worked out where you’d like to invest your money for the long term, based on your individual preferences and risk profile.  You’ll need to consult a financial advisor to ensure that the plan best suits your individual circumstances.  Advisors sometimes have access to financial products that you can’t access as an individual, and they can guide you on tax and other issues.  Most importantly, a good advisor will be much more expert than I am.  They have actual qualifications, you see.  So get advice.

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Is WikiLeaks dead? (re-updated)

Amid the drama of Julian Assange’s show trial, the media has missed a major story: WikiLeaks.org has not been updated since late 2019.

Their last press release was on 21st October. The last featured leak was about the supposed Syrian gas attack, published 23rd October. The last leak I can find is Part 4 of the same matter, released 27th December, 2019. There were also some leaks about an Icelandic fishing company in November.

Wikileaks’ products are still available, donation buttons operable and the link to submit documents is there.

A search for what the hell happened brings up nothing. Try “what happened to wikileaks’ and you’ll find 2016 MSM FUD attacks. After all WikiLeaks did for them – for about a decade, it was the media’s main source of material and journos no longer needed to leave the office or talk to commoners.

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Friday Finance: 401(k)s, superannuation and other retirement programs

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This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Small to Medium Budget.

Retirement Schemes

Developed countries generally have a retirement scheme, or multiple schemes, in order to provide incentives for individual retirement saving and to reduce the burden upon the state pension system.

These vary widely by country, and include the 401(k) and IRA, both Roth and traditional versions (in the US),[i] personal pensions (the UK),[ii] the RRSP (Canada),[iii] or superannuation (Australia[iv] and New Zealand[v]).

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Friday Finance: DON’T TIME THE MARKET!

This is an extract from The Poor Man’s Guide to Financial Freedom: A Realistic, 10-Step Manual to Building Liberating Wealth on a Small to Medium Budget.

Timing the Market

As briefly mentioned twice earlier, it is tempting, when looking at the ups and downs of the market, to try to time the business cycle so that you buy stocks after a crash when they are cheap, and then sell them after a long bull run, when they are much more expensive.

It sounds like a great idea, doesn’t it?  Like surfing: wait for a perfect wave that is about to break, and off you go! 

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