income

You don't catch a falling knife, but you can pick it up when it's on the ground.

The temptation to buy stocks that are falling sharply can be appealing, especially when a company has an attractive dividend yield. However, it is crucial to understand that depreciating stocks can stagnate for months or even years before recovering, and some never recover to their previous levels.

You don't catch a falling knife, but you can pick it up when it's on the ground. Read More »

Analysis of Lucerne Cantonal Bank (LUKN:SWX)

Discover Lucerne Cantonal Bank (LUKB), a solid financial institution with around 1,000 employees that stands out as the second largest listed cantonal bank in Switzerland. With an impressive stock market performance and a conservative business model, LUKB offers an attractive investment opportunity despite a valuation slightly above its historical average.

Analysis of Lucerne Cantonal Bank (LUKN:SWX) Read More »

The Richest Man in Babylon (3/4)

This post is part 3 of 4 in the series The Richest Man in Babylon

Discover the captivating story of a scribe who learns the secrets of wealth from the teachings of the wise Algamish, including the golden rule of saving one-tenth of one's income. This inspiring tale traces the journey of a man who, by faithfully applying these financial principles, goes from humble scribe to successful manager of a vast estate in Nippur.

The Richest Man in Babylon (3/4) Read More »