Good news first, - or the other ones? Ok, you are brave and asked for it, the bad ones are next. Before, quick a general word about why UbudProperty is joining into the oversupply of Covid-related world-wide chatter. By now, even the last Eskimo in remote Alaska, or forest dweller in Kalimantan, has some idea that the world has to deal with an epidemic of global proportions. That means, you, dear reader, are surely more effected than those staying in remote Alaska or near Bontang on Kalimantan, is there an easy way out? If we at UbudProperty would cheerfully ignore the dire situation and only chat about the nice quiet times which presently allow us to lounge peacefully in the few remaining open restaurants, you would be forgiven to call a doctor to check on our mental health. Bad is bad. No white washing here.

In this February edition, let us wonder if trust in the god’s or government’s ability to keep us safe and prosperous, is justified. But first, a big THANK YOU goes out to you friendly souls who sometimes bless these monthly lines with a comment or feedback! Makes me believe that I am not just moving hot air over the fence. Between us: Originally this space was merely meant to give the internet robots some food so that the UbudProperty website is placed in front of others. At least I think, that is how it works. But over time I felt that it is not fair to submit something just for the sake of increasing the website ranking. Who wants to waste life’s precious moments on reading crap?

We adults sure understand that. But as long as we breathe, we do not want to lose the things we value and worked for. Maybe you say: “Nonsense, losing any or all of my assets will not happen to me, because I am careful by nature.” Sounds great. But what if you are wrong? Let’s see - You may have some assets, possibly own your home or at least a part of it, or even have rental properties, and other more liquid funds.

2 billion times! This is your potential and most important capital. It is what an average life is made up of. Or looking at the life span like this: Let’s say a good friend of you is 40 years of age – Let’s assume, he or she lives in decent health until his/her departing the world at the age of 95. That would be a total of 55 years, right? 55 years x 365 days = 20.000 days, give or take a month or two. If I send you now 20.000 Rupiah – does this make you a rich person? Another one, to hammer it right in: You start on a seemingly long walk of 20.000 steps. You would reach the finish line after just 7 km walking. Oooops

NOW IS THE TIME ?! Peace be upon us again! – The US election mayhem is over. Life can continue, however, in line with the new normal, which is still sort of disgusting, unless you manage to find the cloud’s silver lining. The new normal is, that the markets and many economies are a total mess. International stock values and their actual economies are strangely out of sync. Take the Dow Jones Industrial Average Index. It looks great. It consists of out-and-out survivors. Failed and small business do not enter the stock market, and yet, they do represent the vast majority of business ventures.