Swart Donkey

Nothing, is a powerful disciplinarian. A floor to how low you can go. Saying “spend less than you earn” seems ridiculous without the danger...

Spend less than you earn. Easier said than done.  Unless you have outside sources of support, the only way to create space is to “live with...

Building wealth requires a plan . Before that, if you are trapped, you need an escape plan. If you are in a situation where you don’t have t...

My oldest brother is very dangerous over short distances. Like Gimli in the Lord of the Rings. My middle brother is more like Legolas, prefe...

You can think of capital as your Mini-Me. In a world that defines us by our earning ability, building capital is a path to telling those voi...

Pause before you look at people who are richer than you to learn about money. If you want to create a buffer for the noise. If you want spac...

I don’t like it when Governments lower interest rates to support weak economies. The interest rate is the price of money. The price of money...

Think of money as a worker. Or yourself as the worker. Pick one. Bad debt is when you spend money you don’t have, and aren’t about to get. ...

There are four broad categories of investors in Asset Management Funds. Institutional, High-Net-Worth-Individuals (HNWI), Retail, and thos...

Too many of our financial decisions are made based on a multiple, or percentage, of income from labour. Labour Income is a fragile, isolat...

We know we have a debt problem. How it unravels without excessive pain is the million-dollar question. The less discussed question is the ...

A fundamentally bad investment can still deliver good returns with leverage or subsidies. If the return is higher than the rate of borrowin...

Building an Engine (Capital) starts with finding an income. The raw material is the first person’s labour. Labour is like the Oil that sta...

Debt is the dark underworld of Engines that empower financial freedom. The Stranger Things of the idea that money can work for you rather ...

Conspicuous Consumption is spending money on luxuries in order to signal economic power. It is meant to provoke the envy of other people a...

I regularly talk about building Engines. I believe Capital and Labour are lovers, not fighters. Capital can set Labour free. Not all good i...

Debt is bad if you borrow it to spend. Unless it is just a timing issue. If I already know I am getting $100 in 6 months, then borrowing ho...

One objection to a Universal Basic Income is that it doesn't solve the problem of rent/housing being too expensive. Yes! It isn't a...

If there was a mysterious flash, and suddenly there was no debt, and no money, all the actual physical stuff would still be here. The numbe...

The engine of Capitalism isn't profit. Profit can be competed away. The engine is reinvestment . Reinvestment is a sign that someth...