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Bobby Casey

The Secret to Perpetual Wealth

Bobby Casey

Last Monday I received a bank deposit for €405. On Thursday I received another bank deposit for €670. These were automatic deposits of income from a rental property I own.

On Wednesday I received a wire for €4266 from an investment made last year. This was a private placement deal from one of my personal connections.

On Friday I received €1670. This was from an investment I made in a private company awhile back – another one of my personal connections.

From one of my online businesses I received a deposit of $3094 this past week. This online business is with a partner who I met at a conference a few years ago – another personal connection.

From another business last week I received automatic payments of $550. This was from an annual renewal of services

Tags: 
Bobby Casey

Russia Pushes to Ban US Dollar: Tick Tock

Bobby Casey

Russian lawmaker, Mikhail Degtyarev, proposed a bill to ban the use or possession of American currency in Russia.

His rationale? He predicts the imminent collapse of the dollar system due to the massive growth of US national debt.

This bill would partially revive the Soviet-era ban on the dollar, prohibiting Russians from holding the currency in the country's banks, and thus banks would be unable to carry out US dollar transactions.

He warned that the Russian government would need to bail out its own citizens holding the US dollar if it collapses, however they would exempt the Russian government and its central bank from this rule due to its necessity to carry out US dollar transactions on a larger scale.

Tags: 
Business
Investment
Bobby Casey

Find Your Escape Hatch in Italy!

Bobby Casey

Middle of Nowhere, Italy – I have been to Italy many times over the past few years. Normally the trips are focused on visiting various cities. I've been to Venice, Verona, Milan, Bergamo, Rimini, Rome, Pescara and several other cities in the country.

The past week has been my first trip in the Italian countryside though. And I must admit, I'm impressed. I have never been too impressed with Italian cities.

Venice is cool to visit for a day or two. It is a unique experience and something everyone should see. But after 1-2 days, that's enough.

It was interesting to see the balcony where Romeo made his famous declaration to Juliet in Verona.

Milan is famous for its fashion. Bergamo is a nice enough town.

Rimini is an overcrowded beach town.

Tags: 
Experience
Italy
Bobby Casey