Madrid taxis block major road in biggest anti-Uber protest yet

MADRID (Reuters) - Hundreds of taxis blocked a central traffic artery in Madrid during Monday’s morning rush hour, in their biggest show of strength yet as a protest seeking tighter regulation of Uber and other ride-hailing services entered its second week.

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Harry Browne

Fail-Safe Investing

"The only way to "Beat an Index" is to invest in a different and significantly greater - undervalued index."

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Charles Mackay

Extraordinary Popular Delusions and the Madness of Crowds

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Estimated 10yr return on Stocks

Using 5.4% as the historical growth rate of dividends and 4.0% as the ending yield.

Starting Yield*---------return**
1.0%-----------------------(-5.7%)
1.5%-----------------------(-1.7%)
2.0%------------------------1.3%
2.5%------------------------3.8%

3.0%------------------------5.9%
3.5%------------------------7.8%
4.0%------------------------9.4%
4.5%-----------------------10.9%

5.0%-----------------------12.3%
5.5%-----------------------13.6%
6.0%-----------------------14.8%
6.5%-----------------------15.9%

7.0%-----------------------17.0%
7.5%-----------------------18.0%
8.0%-----------------------19.0%

*Starting dividend yield of the S&P500-**10yr estimated average annual rate of return.

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Thursday, January 31, 2019

Madrid taxis block major road in biggest anti-Uber protest yet

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