Recently, I met a young brother living in Japan and he was complaining about “housing discrimination” against foreigners here.
I said yes there is definitely housing discrimination, but there is something you can do about it.
Get rich
I explained that wealthy foreigners living in Japan don’t have those kinds of problems and that he should endeavor to become one.
Not sure if he understood.
Good luck
I’ve been struggling to understand why the markets seem to shake off everything—terrible economy, bad macro setup, commodity prices, etc., and just keep going up.
Then I created this chart, which may explain that we are not (yet) in a real bubble and there is still a ways to go.
S&P to Gold ratio over the last 100 years. The log chart makes it looks a bit more bubbly but in reality we are not close to the historical popping points.
I may have to change some thinking…
Good luck
