Ok...i admit that i've committed the sin of reading the first 3 books of the twilight series and is waiting for my cousin to finish the last book so i can grab it from her.
Reading Twilight is like eating those bad dessert, you feel good while you're at it, but hate yourself afterwards. I don't think i'll ever re-read these books, but i can't not read the last one...argghhh.... It is so unlike the Harry Potter series which is so well crafted that you'll find this muggle going back to it again and again.
While i'm on twilight, here's a funny video featuring James the 'bad' vampire in the first movie vs. TWEENS....very scary tweens.... don't mess with crazy teen girls!
The Cullens are the good vampires in the book. They are 'vegetarians', vampires that don't drink human blood. The cullens are filthy rich vampires who in their spare time shop a lot, save life, fight other vampires and sometimes seduce young girl. All these takes MONEY, so where does the money comes from? According to the book, they INVEST. But they cheated cuz Alice can see the future...so i'm just thinking what should be done if there is no one to predict the future.
The most important advantage that the cullens have is that they DON'T DIE...ie LONG COMPOUNDING PERIOD.
Given that Future value = Present Value (1+ rate of return)^years, having VERY long years = HUGE Future value. But we also know that anything x ZERO is zero. So their first rule would still be NOT TO LOSE CAPITAL permanantly.
Edward Cullen is over 100 years old. If he had lived through the craz 1920s boom, the great depression, the world war period, the electronic boom and bust, the 1970s hyper-inflation, the 1980s great economic expansion, dotcom bubble and bust, real estate bubble in the early 2000s, the birth of all those exotic intrument, the deleveraging of the economy since 2007 and all those financial institution going belly up.
BUT he has the luxury of time, so all he has to do is run a balanced portfolio and let it compound over time, he would not need to depend on his 'dad' 's money...spoilt brat... at 6% return, a dollar invested compounds into 339 in a hundred years!!!
In frenzied investment world where results are meaured in days and months, those of us in our 20s could be considered immortal. Lets keep our head and not be greedy. Compound at a reasonable rate and not lose money. We may not live forever, but we should invest as if we do. Cuz that the only way to think long term. To keep our sanity in a crazy world.
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