My personal opinion

We all know that feeling. You’re browsing online or wandering around a store, and something catches your eye. It's shiny, it's new, and it might even be on sale! Soon, you're justifying your need for it, even though you know you probably don't. But it’s reassuring and a boost to your self-esteem, right? It’s just a small purchase. The adage, "He who buys what he doesn't need, sells what he does need," brings a stark reality to this impulse shopping. It's not just about being frugal (although that's definitely part of it). It's about priorities and the potential consequences of mismanaging your resources. Think of it this way: every purchase, no matter how small, is a decision about where your money goes. When you spend on things you don't really need, you're diverting funds from things that matter—your basic needs, your future, and your security. The proverb highlights a dangerous cycle. It’s not just about the immediate overspending; i...

Proverbs are wise folk sayings, passed down from generation to generation, that contain valuable lessons and observations about human nature and the realities of life. One such proverb, still relevant today, is "Many know how to make money; few know how to keep it." It reflects the profound difference between the ability to increase income and the ability to manage and preserve that income over time. Let's take a closer look at the meaning of this proverb, analyze the factors that seem to account for its relevance, and offer strategies for increasing financial literacy and preserving wealth. The essence of the proverb is clear: making money is a skill that can be developed and mastered by many people, but successfully managing and preserving that money is a much rarer quality. The proverb does not diminish the significance of income generation; rather, it emphasizes that it is only half the journey to financial stability and prosperity. The other half, often overlooked, i...

Yesterday, I decided to consult Gemini for guidance regarding Google. The following guidance pertains to investing in a new company that has created an innovative method for producing hydrogen. The truly notable ones are included; however, there is no information about anyone who has discovered something extraordinary as of yet. More or less, it provides the genuinely famous ones. In my opinion, a significant number of the recently established automobile manufacturing businesses will fail in the not-too-distant future. On the other hand, hydrogen businesses have a success rate of at least thirty percent. This advantage is primarily due to the likelihood of automobiles joining forces with major players and potentially surviving for a slightly longer period. Therefore, the larger companies will have limited space for new entrants. There should be no more than five to seven new players. But there is not enough room in this market for a large number of participants. Regarding energy, I bel...