Tag Archives: Free Markets

02Jan/18
Guidelight Blog Bitcoin

Everyone Is Talking About Bitcoin

But when will the cryptocurrency bubble burst? Investors are excited about bitcoin – perhaps too excited. Their fervor is easy to understand. On December 18, bitcoin closed at $17,566. Back on SeptemberRead More…

Why Markets Work (short video – click to view)

Why Markets Work – Free markets and capitalism explained via a $2 cup of coffee…

Why Markets Work – “When you think about it, everything you need to know about capitalism, free markets, and the economic impact of our daily lives can be found in this $2.00 cup of coffee and it all starts with a coffee bush near the equator. There farmers harvest and process the coffee. A shipping company transports it across the ocean to a distribution center where it is put on a truck and delivered to a coffee shop. There, a barista roasts and grinds the beans, brews the coffee and pours it into a cup made from paper produced at a paper mill. Another firm made the ink for the logo. A plastics company made the lid. A cardboard company even made the sleeve so you don’t burn your hand. All these companies and thousands of individuals working hard to make possible and profitable, your two dollar cup of coffee. So if you find yourself concerned about stock market headlines, keep this in mind. When you invest you are really investing in nothing less than the long term potential of capitalism powered by human innovation. It is as simple as a $2.00 cup of coffee.”

 

This material was prepared by Loring Ward, and does not necessarily represent the views of the presenting party, nor their affiliates. This information has been derived from sources believed to be accurate. Please note - investing involves risk, and past performance is no guarantee of future results. The publisher is not engaged in rendering legal, accounting or other professional services. If assistance is needed, the reader is advised to engage the services of a competent professional. This information should not be construed as investment, tax or legal advice and may not be relied on for the purpose of avoiding any Federal tax penalty. This is neither a solicitation nor recommendation to purchase or sell any investment or insurance product or service, and should not be relied upon as such. All indices are unmanaged and are not illustrative of any particular investment.