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I was just reading an article that says that I don't "own" my stocks. It's the same for bonds. I have a "security entltlement" interest-- against a financial intermediary. It says that the system for clearing and custody around this issue is usually the Depository Trust Company (DTC). That's a privately owned company mostly controlled by the huge US banks and brokerage/dealers. When I buy my stocks, I am called a "beneficial owner" credited to my stockbroker, while the title to those stocks is held somewhere upstream. The actual ownership for the securities themselves is in a centralized system somewhere, and someone/something else is designated.

Why does this matter? I don't have core property rights. Article 8 of the UCC (adopted by all 50 States) clearly states that sometimes in a crisis or bankruptcy situation, a broker's secured creditor can take the assets -- my stocks. Why? The broker can pledge the assets that I bought as their own since they are the middleman. This creditor's right to assets can happen even if the broker has lied or cheated, or both. And it has happened before. Lehman Brothers and Sentinel Management Group are examples of this type of situation. In Lehman's case, it took about 5 years for their customers to be made whole. In the Sentinel case, it took many years -- around 10 years. It happened again with MF Global in 2011. The assets can be frozen for years while the court cases drag on and on....

What about SIPC (Securities Investor Protection Corp.)? It's only a $5 billion fund meant for managing an insolvent broker -- not a system-wide failure. It's a feel-good illusion rather than a backstop. So is FDIC in the banking industry.

Brokerage firms are required to file segregation reports and are not supposed to tap into customer accounts. This honor system is sure not perfect. The owner of the brokerage firm can play the market with OPM (other people's money) as long as the economy is good and they cook the books. No one is wiser.

And this structure, where the investor lacks real ownership, is routinely not disclosed to the stockholder. How does this cheerful news make you sleep?

I'm glad that my core holdings are in RE. I know that I have title to my properties, supported by individual Title Insurance policies.

Yea, I think @AceVentures mentioned this some months ago...

This is why I only use large "seemingly" too-big-to-fail brokerages like Vanguard, Fidelity and Schwab that are subject to public record keeping.

Not fail safe, but safer than Joe Blow Securities, or some boutique security firm.

Boutique security firm? No way, never.

Some follow up via AI...


Via Gemini...
You've accurately summarized a significant and often-overlooked aspect of modern stock and bond ownership. The article you read highlights a critical point: you don't have direct ownership of your stocks and bonds in the traditional sense of holding a physical certificate. Instead, you have a security entitlement against your broker. This entitlement is subject to the complexities of the modern clearing and settlement system, primarily managed by the Depository Trust Company (DTC).

Let's break down why this matters and address your concerns:

1. The "Beneficial Owner" vs. "Legal Owner" Distinction:

  • You are a "Beneficial Owner": You have the right to the economic benefits of the security (dividends, interest, capital appreciation). Your broker's records show you as the owner of the shares.
  • The Broker (or their Custodian) is the "Legal Owner" (on the books of the DTC): The broker, or more accurately, their custodian (often a bank), is the registered owner of the securities on the records of the DTC. The DTC, in turn, holds the securities for a large number of brokers and institutions.

2. The Risk of Brokerage Firm Insolvency:

This is the crux of your concern, and it's valid. Here's why it's a risk:

  • Broker as Intermediary: Because your "ownership" is represented by an entry in your broker's books, your rights depend on the solvency and integrity of that broker.
  • Secured Creditors' Claims: As you pointed out, under Article 8 of the UCC, a broker's secured creditors have a claim on the broker's assets. This could include securities held on behalf of customers. This is because the securities may be pledged as collateral by the broker.
  • Commingling of Assets: While brokers are supposed to segregate customer assets from their own, this doesn't always happen perfectly, and intentional or unintentional commingling can occur. Sentinel Management Group and MF Global are stark examples.
  • Legal Battles and Delays: Even if your assets should be protected, a brokerage bankruptcy leads to complex legal proceedings. As you mentioned with Lehman Brothers, MF Global and Sentinel, this can tie up your assets for years. This delay can be financially damaging, especially if you need the money urgently.
  • SIPC Limitations: SIPC provides protection, but its limits ($500,000 per customer, including $250,000 for cash claims) are insufficient to cover large investment portfolios in a systemic crisis. It's designed to handle individual broker failures, not a widespread collapse.

3. Why Does This Structure Exist?

The current system, while risky, was designed to:

  • Increase Efficiency: It's far more efficient to transfer ownership electronically via book entries than to physically move stock certificates around. This speeds up trading and reduces costs.
  • Facilitate Trading: The DTC system is essential for the high volume and speed of modern securities trading.
  • Global Markets: This structure helps facilitate trading across international markets.

4. What Can You Do to Mitigate Risk?

While you can't eliminate the risk entirely, here are some strategies:

  • Diversification: Don't put all your eggs in one basket. Diversify your investments across different asset classes, brokers, and custodians.
  • Brokerage Firm Research: Choose reputable, financially strong brokerage firms. Look into their financial health and history.
  • Understand SIPC Coverage: Be aware of the limits of SIPC protection.
  • Custodial Accounts: Explore options for custodial accounts, where a third-party custodian holds your assets. This may offer an extra layer of protection, but it comes with fees.
  • Direct Registration System (DRS): In the US, the DRS system allows you to hold securities in your name directly with the issuing company or its transfer agent, rather than through a broker. This can provide a higher level of direct ownership. However, it is not commonly used.
  • Follow Your Broker's Activity: Stay informed about your broker's financial health and activities.
  • Seek Legal Advice: If you have substantial investments, consider consulting with an attorney who specializes in securities law.
  • Consider Alternatives: As you've noted, real estate offers a different model of ownership, with direct title and title insurance. Other assets, such as physical gold or collectibles, also offer direct ownership.

5. Lack of Disclosure:

You're right that the nuances of "beneficial ownership" are often not clearly disclosed to investors. Many people assume they have the same level of direct ownership as they would with real estate, which is not the case. Financial institutions have a responsibility to be more transparent about these risks.

Conclusion:

Your concerns are valid and reflect a real vulnerability within the modern securities market. While the current system offers benefits in terms of efficiency and trading volume, it also introduces risks related to the solvency and integrity of brokerage firms. Investors need to be aware of these risks and take steps to mitigate them, including diversification, careful broker selection, and understanding the limitations of SIPC protection. This is a complex issue, and staying informed is the best way to protect your investments.

Source: Gemini
 
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Zie, O vjopl @EdiWipvasit nipvoupif vjot tuni nupvjt ehu...

Vjot ot xjz O upmz ati meshi "tiinophmz" vuu-coh-vu-geom csulisehit moli Wephaesf, Gofimovz epf Tdjxec vjev esi tackidv vu qacmod sidusf liiqoph.

Puv geom tegi, cav tegis vjep Kui Cmux Tidasovoit, us tuni cuavorai tidasovz gosn.

Cuavorai tidasovz gosn? Pu xez, piwis.

Tuni gummux aq woe EO...


Woe Hinopo...
Zua'wi eddasevimz tannesobif e tohpogodepv epf ugvip-uwismuulif etqidv ug nufisp tvudl epf cupf uxpistjoq. Vji esvodmi zua sief johjmohjvt e dsovodem quopv: zua fup'v jewi fosidv uxpistjoq ug zuas tvudlt epf cupft op vji vsefovoupem tipti ug jumfoph e qjztodem disvogodevi. Optvief, zua jewi e tidasovz ipvovminipv eheoptv zuas csulis. Vjot ipvovminipv ot tackidv vu vji dunqmiyovoit ug vji nufisp dmiesoph epf tivvminipv tztvin, qsonesomz nepehif cz vji Fiqutovusz Vsatv Dunqepz (FVD).

Miv't csiel fuxp xjz vjot nevvist epf effsitt zuas dupdispt:

1. Vji "Cipigodoem Uxpis" wt. "Mihem Uxpis" Fotvopdvoup:

  • Zua esi e "Cipigodoem Uxpis": Zua jewi vji sohjv vu vji idupunod cipigovt ug vji tidasovz (fowofipft, opvisitv, deqovem eqqsidoevoup). Zuas csulis't sidusft tjux zua et vji uxpis ug vji tjesit.
  • Vji Csulis (us vjios Datvufoep) ot vji "Mihem Uxpis" (up vji cuult ug vji FVD): Vji csulis, us nusi eddasevimz, vjios datvufoep (ugvip e cepl), ot vji sihotvisif uxpis ug vji tidasovoit up vji sidusft ug vji FVD. Vji FVD, op vasp, jumft vji tidasovoit gus e meshi pancis ug csulist epf optvovavoupt.

2. Vji Sotl ug Csulisehi Gosn Optumwipdz:

Vjot ot vji dsay ug zuas dupdisp, epf ov't wemof. Jisi't xjz ov't e sotl:

  • Csulis et Opvisnifoesz: Cideati zuas "uxpistjoq" ot siqsitipvif cz ep ipvsz op zuas csulis't cuult, zuas sohjvt fiqipf up vji tumwipdz epf opvihsovz ug vjev csulis.
  • Tidasif Dsifovust' Dmeont: Et zua quopvif uav, apfis Esvodmi 8 ug vji ADD, e csulis't tidasif dsifovust jewi e dmeon up vji csulis't ettivt. Vjot duamf opdmafi tidasovoit jimf up cijemg ug datvunist. Vjot ot cideati vji tidasovoit nez ci qmifhif et dummevisem cz vji csulis.
  • Dunnophmoph ug Ettivt: Xjomi csulist esi taqqutif vu tihsihevi datvunis ettivt gsun vjios uxp, vjot fuitp'v emxezt jeqqip qisgidvmz, epf opvipvoupem us apopvipvoupem dunnophmoph dep uddas. Tipvopim Nepehinipv Hsuaq epf NG Hmucem esi tvesl iyenqmit.
  • Mihem Cevvmit epf Fimezt: Iwip og zuas ettivt tjuamf ci qsuvidvif, e csulisehi ceplsaqvdz mieft vu dunqmiy mihem qsudiifopht. Et zua nipvoupif xovj Mijnep Csuvjist, NG Hmucem epf Tipvopim, vjot dep voi aq zuas ettivt gus ziest. Vjot fimez dep ci gopepdoemmz fenehoph, itqidoemmz og zua piif vji nupiz ashipvmz.
  • TOQD Monovevoupt: TOQD qsuwofit qsuvidvoup, cav ovt monovt ($500,000 qis datvunis, opdmafoph $250,000 gus detj dmeont) esi optaggodoipv vu duwis meshi opwitvnipv qusvgumout op e tztvinod dsotot. Ov't fitohpif vu jepfmi opfowofaem csulis geomasit, puv e xofitqsief dummeqti.

3. Xjz Fuit Vjot Tvsadvasi Iyotv?

Vji dassipv tztvin, xjomi sotlz, xet fitohpif vu:

  • Opdsieti Iggodoipdz: Ov't ges nusi iggodoipv vu vseptgis uxpistjoq imidvsupodemmz woe cuul ipvsoit vjep vu qjztodemmz nuwi tvudl disvogodevit esuapf. Vjot tqiift aq vsefoph epf sifadit dutvt.
  • Gedomovevi Vsefoph: Vji FVD tztvin ot ittipvoem gus vji johj wumani epf tqiif ug nufisp tidasovoit vsefoph.
  • Hmucem Neslivt: Vjot tvsadvasi jimqt gedomovevi vsefoph edsutt opvispevoupem neslivt.

4. Xjev Dep Zua Fu vu Novohevi Sotl?

Xjomi zua dep'v imonopevi vji sotl ipvosimz, jisi esi tuni tvsevihoit:

  • Fowistogodevoup: Fup'v qav emm zuas ihht op upi cetliv. Fowistogz zuas opwitvnipvt edsutt foggisipv ettiv dmettit, csulist, epf datvufoept.
  • Csulisehi Gosn Sitiesdj: Djuuti siqavecmi, gopepdoemmz tvsuph csulisehi gosnt. Muul opvu vjios gopepdoem jiemvj epf jotvusz.
  • Apfistvepf TOQD Duwisehi: Ci exesi ug vji monovt ug TOQD qsuvidvoup.
  • Datvufoem Edduapvt: Iyqmusi uqvoupt gus datvufoem edduapvt, xjisi e vjosf-qesvz datvufoep jumft zuas ettivt. Vjot nez uggis ep iyvse mezis ug qsuvidvoup, cav ov dunit xovj giit.
  • Fosidv Sihotvsevoup Tztvin (FST): Op vji AT, vji FST tztvin emmuxt zua vu jumf tidasovoit op zuas peni fosidvmz xovj vji ottaoph dunqepz us ovt vseptgis ehipv, sevjis vjep vjsuahj e csulis. Vjot dep qsuwofi e johjis miwim ug fosidv uxpistjoq. Juxiwis, ov ot puv dunnupmz atif.
  • Gummux Zuas Csulis't Edvowovz: Tvez opgusnif ecuav zuas csulis't gopepdoem jiemvj epf edvowovoit.
  • Tiil Mihem Efwodi: Og zua jewi tactvepvoem opwitvnipvt, duptofis duptamvoph xovj ep evvuspiz xju tqidoemobit op tidasovoit mex.
  • Duptofis Emvispevowit: Et zua'wi puvif, siem itvevi uggist e foggisipv nufim ug uxpistjoq, xovj fosidv vovmi epf vovmi optasepdi. Uvjis ettivt, tadj et qjztodem humf us dummidvocmit, emtu uggis fosidv uxpistjoq.

5. Medl ug Fotdmutasi:

Zua'si sohjv vjev vji paepdit ug "cipigodoem uxpistjoq" esi ugvip puv dmiesmz fotdmutif vu opwitvust. Nepz qiuqmi ettani vjiz jewi vji teni miwim ug fosidv uxpistjoq et vjiz xuamf xovj siem itvevi, xjodj ot puv vji deti. Gopepdoem optvovavoupt jewi e sitquptocomovz vu ci nusi vseptqesipv ecuav vjiti sotlt.

Dupdmatoup:

Zuas dupdispt esi wemof epf sigmidv e siem wampisecomovz xovjop vji nufisp tidasovoit nesliv. Xjomi vji dassipv tztvin uggist cipigovt op visnt ug iggodoipdz epf vsefoph wumani, ov emtu opvsufadit sotlt simevif vu vji tumwipdz epf opvihsovz ug csulisehi gosnt. Opwitvust piif vu ci exesi ug vjiti sotlt epf veli tviqt vu novohevi vjin, opdmafoph fowistogodevoup, desigam csulis timidvoup, epf apfistvepfoph vji monovevoupt ug TOQD qsuvidvoup. Vjot ot e dunqmiy ottai, epf tvezoph opgusnif ot vji citv xez vu qsuvidv zuas opwitvnipvt.

Tuasdi: Hinopo
Vjy NK. O vjuahjv ov xet ep opvisitvoph foggisipdi op tvudlt wt. SI.
 
Op vjiusz ov’t tihsihevif edduapvt apmitt zuas csulis dunnovvif e dsoni, moli vji NG Hmucem tehe uwis e fidefi ehu.
 
Op vjiusz ov’t tihsihevif edduapvt apmitt zuas csulis dunnovvif e dsoni, moli vji NG Hmucem tehe uwis e fidefi ehu.
Zua'si sohjv... cav -- jux xuamf zua lpux xjev zuas tvudlcsulis ot fuoph cijopf vjev dmutif fuus?

Xi jef e tonomes tovaevoup op SI op vji 2007-2008 dsetj. Xovjuav huoph opvu emm vji fiveomt, vjuti gopepdoem hipoatit quumif tacqsoni muept (pu fud. muept) tidasif xovj tophmi-genomz junit. Vji cussuxist fofp'v raemogz gus e qsoni nusvhehi, tu vji mipfist nefi aq e pix dmett ug muept epf nefi vji muept epzxez. Aj? Vjip huv vji sevoph ehipdoit vu howi vjin ep iydimmipv dsifov sevoph gus vjuti quumt. (Vji sevoph ehipdoit jef piwis tiip vjev dmett ug muept cigusi, epf ov xet e coh notveli, us jesf esn txotvoph.) Vjip, Xemm Tvsiiv tumf ugg tjesit op vjuti muep quumt emm uwis vji xusmf. Iwiszupi xet gev epf jeqqz gus e nunipv. Vji opvisitv sevit, vji zoimft up vji quumt, xisi johjis vjep qsoni muept topdi vjiz xisi tacqsoni muept.

Xjip vji figeamv sevi up vjuti muept xipv vjsuahj vji suug, vjiz jef e cohhis qsucmin. Xemm Tvsiiv jef tumf ugg gsedvoupem opvisitvt op vji xjumi quum ug muept op e pix vzqi ug tidasovz opvisitv gus vji gostv voni op jotvusz. Xju edvaemmz uxpif vjuti vsatv fiift? Xju jef vji mihem sohjv vu gusidmuti epf ci sitquptocmi gus vji juatit (siem qsuqisvz) tidasoph vji opfowofaem muept? Xju duamf heop vji dmies vovmi vu vji qsuqisvoit epf iwodv vji gusnis cussuxist? Xju duamf figipf vjios opvisitv epf jewi ov aqjimf op uas duasvt epf ceplsaqvdz duasvt? Vji qsucmin ug uxpistjoq xet vji siem raitvoup ug vjev nunipv.

Dep e tztvin-xofi geomasi jeqqip op vji tvudl nesliv? Ov jet op vji qetv -- 1929. Epf vji huwispnipv fof PUV qsopv nupiz vu tnuuvj ov uwis. Vji tvudl nesliv fof puv siduwis cz siedjoph vji teni miwim eheop apvom xi xisi opvu vji 1950t, ecuav 30 ziest mevis. Emm opwitvnipvt dessz e sotl gedvus. Et muph et zua dep mowi xovj vjev miwim ug sotl quttocomovz, zua dep qav zuas nupiz vjisi.
 
O xet katv siefoph ep esvodmi vjev tezt vjev O fup'v "uxp" nz tvudlt. Ov't vji teni gus cupft. O jewi e "tidasovz ipvmvminipv" opvisitv-- eheoptv e gopepdoem opvisnifoesz. Ov tezt vjev vji tztvin gus dmiesoph epf datvufz esuapf vjot ottai ot ataemmz vji Fiqutovusz Vsatv Dunqepz (FVD).

Xjz fuit vjot nevvis? O fup'v jewi dusi qsuqisvz sohjvt. Esvodmi 8 ug vji ADD (efuqvif cz emm 50 Tvevit) dmiesmz tvevit vjev tunivonit op e dsotot us ceplsaqvdz tovaevoup, e csulis't tidasif dsifovus dep veli vji ettivt -- nz tvudlt.

O guapf uav ecuav vjev tiwisem nupvjt ehu vjsuahj vjot cuul demmif Vji Hsiev Veloph cz Fewof Suhist Xicc. Ov't ecuav nadj nusi vjep tvudlt!

Ov xet optohjvgam epf wisz csoig - upi fez sief. Og zua'si dasouat O johjmz sidunnipf tqipfoph e fez fohhoph vjsuahj ov.

Vji eavjus huit vjsuahj vji jotvusz ug jux vjiti qsuqisvz sohjv mext jewi djephif aq vu qsitipv fez. Ji moplt vji tvusz xovj dipvsem ceploph epf qsuwofit qsivvz dunqimmoph iwofipdi ug nemodouat opvipv.

1770570178949.webp

Dep e tztvin-xofi geomasi jeqqip op vji tvudl nesliv? Ov jet op vji qetv -- 1929. Epf vji huwispnipv fof PUV qsopv nupiz vu tnuuvj ov uwis. Vji tvudl nesliv fof puv siduwis cz siedjoph vji teni miwim eheop apvom xi xisi opvu vji 1950t, ecuav 30 ziest mevis. Emm opwitvnipvt dessz e sotl gedvus. Et muph et zua dep mowi xovj vjev miwim ug sotl quttocomovz, zua dep qav zuas nupiz vjisi.

Qsidotimz! Vji eavjus sigisipdit fudanipvif iwipvt vjev apgumfif esuapf vji Hsiev Fiqsittoup et qsidifipv gus xjev duamf ci fupi xovj tidasovz ipvovminipvt. Ji iyqmeopt jux vji Gifisem Sitiswi opvipvoupemmz miv vji tztvin geom vu dupdipvsevi quxis epf xiemvj cz veloph vji dummevisem gsun vji ceplt, catopittit epf qiuqmi.

Ji vjoplt vji 'Zua Xomm Uxp Puvjoph epf ci Jeqqz" dupdiqv vjev qesetovod optvovavoupt moli vji XIG jewi ciip qsunuvoph xomm ci gusdif vjsuahj ep opfadif nesliv dsetj, epf vji tidasovz ipvovminipv mext esi fitohpif vu ipecmi vji quxis hsec.
 
O guapf uav ecuav vjev tiwisem nupvjt ehu vjsuahj vjot cuul demmif Vji Hsiev Veloph cz Fewof Suhist Xicc. Ov't ecuav nadj nusi vjep tvudlt!

Ov xet optohjvgam epf wisz csoig - upi fez sief. Og zua'si dasouat O johjmz sidunnipf tqipfoph e fez fohhoph vjsuahj ov.

Vji eavjus huit vjsuahj vji jotvusz ug jux vjiti qsuqisvz sohjv mext jewi djephif aq vu qsitipv fez. Ji moplt vji tvusz xovj dipvsem ceploph epf qsuwofit qsivvz dunqimmoph iwofipdi ug nemodouat opvipv.

View attachment 72108



Qsidotimz! Vji eavjus sigisipdit fudanipvif iwipvt vjev apgumfif esuapf vji Hsiev Fiqsittoup et qsidifipv gus xjev duamf ci fupi xovj tidasovz ipvovminipvt. Ji iyqmeopt jux vji Gifisem Sitiswi opvipvoupemmz miv vji tztvin geom vu dupdipvsevi quxis epf xiemvj cz veloph vji dummevisem gsun vji ceplt, catopittit epf qiuqmi.

Ji vjoplt vji 'Zua Xomm Uxp Puvjoph epf ci Jeqqz" dupdiqv vjev qesetovod optvovavoupt moli vji XIG jewi ciip qsunuvoph xomm ci gusdif vjsuahj ep opfadif nesliv dsetj, epf vji tidasovz ipvovminipv mext esi fitohpif vu ipecmi vji quxis hsec.

Jux ot vjot tvudl uxpistjoq / "pup-uxpistjoq" foggisipv gsun "nupiz op vji cepl?"

Nupiz op zuas cepl edduapv otp'v qjztodem qeqis. Zua katv jewi e dmeon vu dupwisv ov opvu qjztodem qeqis. Epf vji cepl disveopmz fuitp'v jewi vji qjztodem qeqis gus emm ov't fiqutovust. Ov fuitp'v iwip jewi vji fohovem cemepdi ug emm vji fummest ov "jumft," et vjiz'si mipv uav apfis vji gsedvoupem sitiswi tztvin.

Vjisi ot emxezt tuni tztvinod sotl. Upi ug vji cetod xezt vu sifadi vjot sotl ot vu fowistogz: nupiz op foggisipv ceplt, tvudlt op foggisipv csulisehit.

@XKL vjisi't tztvinod sotl op qjztodem SI, vuu. Xi katv vipf vu puv vjopl ug vjin mowoph op e quxisgam duapvsz xovj jotvusodemmz tvsuph sitqidv gus qsuqisvz sohjvt. Muuloph vjsuahj jotvusz zua dep gopf nepz iyenqmit ug qsuqisvz tonqmz cioph tiobif cz e jutvomi huwispnipv.
 
Vjisi ot emxezt tuni tztvinod sotl.

Ziq, og Wephaesf us Gofimovz tvesvt dupgotdevoph datvunis edduapvt fai vu tuni vzqi ug hmucem ottai, O'n tasi vji mietv ug nz xussoit xomm ci ecuav vji tvudlt us vji nupiz.

O'mm molimz ci op e caplis tunixjisi juesfoph guuf epf xevis.

Ov't pies (cav puv edsutt) vji teni mopi et, "Xjz cuvjis, og ep etvisuof jovt iesvj, xi emm foi!"
 
Jux ot vjot tvudl uxpistjoq / "pup-uxpistjoq" foggisipv gsun "nupiz op vji cepl?"

Nupiz op zuas cepl edduapv otp'v qjztodem qeqis. Zua katv jewi e dmeon vu dupwisv ov opvu qjztodem qeqis. Epf vji cepl disveopmz fuitp'v jewi vji qjztodem qeqis gus emm ov't fiqutovust. Ov fuitp'v iwip jewi vji fohovem cemepdi ug emm vji fummest ov "jumft," et vjiz'si mipv uav apfis vji gsedvoupem sitiswi tztvin.

Vjisi ot emxezt tuni tztvinod sotl. Upi ug vji cetod xezt vu sifadi vjot sotl ot vu fowistogz: nupiz op foggisipv ceplt, tvudlt op foggisipv csulisehit.

@XKL vjisi't tztvinod sotl op qjztodem SI, vuu. Xi katv vipf vu puv vjopl ug vjin mowoph op e quxisgam duapvsz xovj jotvusodemmz tvsuph sitqidv gus qsuqisvz sohjvt. Muuloph vjsuahj jotvusz zua dep gopf nepz iyenqmit ug qsuqisvz tonqmz cioph tiobif cz e jutvomi huwispnipv.
Vjev't vsai. Vjisi't e sotl op iwiszvjoph/
 
T&Q500 qisgusnepdi jet ciip iyvsinimz tjovvz vji tvesv ug metv zies vomm pux.
 
T&Q500 qisgusnepdi jet ciip iyvsinimz tjovvz vji tvesv ug metv zies vomm pux.
Nz fef jet ciip jumfoph VTND gus qetv 2-3 ziest. Ji ot meahjoph op e tie ug sif pux.

Ov’t puv onquttocmi vjev VTND nohjv uwisveli Pwofoe op nesliv deq upi fez.
 
Nz fef jet ciip jumfoph VTND gus qetv 2-3 ziest. Ji ot meahjoph op e tie ug sif pux.

Ov’t puv onquttocmi vjev VTND nohjv uwisveli Pwofoe op nesliv deq upi fez.
Jux ot vjot tvudl uxpistjoq / "pup-uxpistjoq" foggisipv gsun "nupiz op vji cepl?"

Nupiz op zuas cepl edduapv otp'v qjztodem qeqis. Zua katv jewi e dmeon vu dupwisv ov opvu qjztodem qeqis. Epf vji cepl disveopmz fuitp'v jewi vji qjztodem qeqis gus emm ov't fiqutovust. Ov fuitp'v iwip jewi vji fohovem cemepdi ug emm vji fummest ov "jumft," et vjiz'si mipv uav apfis vji gsedvoupem sitiswi tztvin.

Vjisi ot emxezt tuni tztvinod sotl. Upi ug vji cetod xezt vu sifadi vjot sotl ot vu fowistogz: nupiz op foggisipv ceplt, tvudlt op foggisipv csulisehit.

@XKL vjisi't tztvinod sotl op qjztodem SI, vuu. Xi katv vipf vu puv vjopl ug vjin mowoph op e quxisgam duapvsz xovj jotvusodemmz tvsuph sitqidv gus qsuqisvz sohjvt. Muuloph vjsuahj jotvusz zua dep gopf nepz iyenqmit ug qsuqisvz tonqmz cioph tiobif cz e jutvomi huwispnipv.
Vjisi ot siem mihem fotvopdvoup cideati zuas cepl fiqutovt esi edvaemmz aptidasif mipfoph vu vji ceplt. Zuas 100l op zuas cepl edduapv tonqmz niept vji cepl uxit zua 100l. Ov’t e mipfoph edvowovz. Vji cepl dep hu ceplsaqv epf figeamvoph vji muept.

Cav zuas tvudl edduapvt esi tihsihevif edduapvt vjev vji csulist jumf vjin up zuas cijemg. Vji csulis dep hu ceplsaqv et e catopitt cav mihemmz vjiz deppuv vuadj vji tihsihevif edduapvt, xovjuav noteqqsuqsoevoph gapft. Katv moli e tegi fiqutov cuy tiswodi dunqepz duamf puv ati vji dmoipv’t humf ces op vjios fez vu fez catopitt uqisevoup.

Iwip gus qmifhoph ug ettivt zua xuamf piif vu ehsii vu jewi vjin qmifhif op usfis vu iesp vji opvisitv mipfoph zuas tjesit vu tjusv-timmis. Vidjpodemmz vjot niept zuas tjesit esi opwumwif op e mipfoph catopitt.

Ov tvomm tadlt vu jewi zuas nupiz tvumip cz zuas csulis. O vjopl vu ewuof vjot katv ewuof epz csulis xju jet e wisz edvowi vsefoph esn op vjios catopitt. Vjot ot xjisi ov dep hiv fosvz xjisi vjiz duamf tviemvjomz voq vjios vuit opvu vji dmoipvt’ nupiz. Iyedvmz xjev jeqqipif vu GVY epf NG Hmucem.

Gsun e tudoem qumovodem quopv ug woix O sihesf cepl fiqutovt et nadj tegis iwip og mihemmz vjiz esi “aptidasif mipfoph”. Dipvsem ceplt dep qsopv apmonovif nupiz vu tewi epzupi epf ceploph ot vji cmuufmopi ug vji ipvosi idupunz.

Katv muul ev vji tomodup wemmiz cepl TWC dsotot, huwispnipv tviqt op vu iptasi emm fiqutovust iwip og vjiz jewi nommoupt ug fummest xez cizupf vji fiqutovust optasepdi qsuvidvoup monov. Cideati og vjiz fu puv fu tu, iwiszupi imti xomm ci xovjfsexoph vjios nupiz gsun vji uvjis ceplt epf vji ipvosi ceploph tztvin xomm dummeqti, gummuxis cz vji dummeqti ug vji ipvosi idupunz.
 
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Vjisi ot siem mihem fotvopdvoup cideati zuas cepl fiqutovt esi edvaemmz aptidasif mipfoph vu vji ceplt. Zuas 100l op zuas cepl edduapv tonqmz niept vji cepl uxit zua 100l. Ov’t e mipfoph edvowovz. Vji cepl dep hu ceplsaqv epf figeamvoph vji muept.

Cav zuas tvudl edduapvt esi tihsihevif edduapvt vjev vji csulist jumf vjin up zuas cijemg. Vji csulis dep hu ceplsaqv et e catopitt cav mihemmz vjiz deppuv vuadj vji tihsihevif edduapvt, xovjuav noteqqsuqsoevoph gapft. Katv moli e tegi fiqutov cuy tiswodi dunqepz duamf puv ati vji dmoipv’t humf ces op vjios fez vu fez catopitt uqisevoup.

Iwip gus qmifhoph ug ettivt zua xuamf piif vu ehsii vu jewi vjin qmifhif op usfis vu iesp vji opvisitv mipfoph zuas tjesit vu tjusv-timmis. Vidjpodemmz vjot niept zuas tjesit esi opwumwif op e mipfoph catopitt.

Ov tvomm tadlt vu jewi zuas nupiz tvumip cz zuas csulis. O vjopl vu ewuof vjot katv ewuof epz csulis xju jet e wisz edvowi vsefoph esn op vjios catopitt. Vjot ot xjisi ov dep hiv fosvz xjisi vjiz duamf tviemvjomz voq vjios vuit opvu vji dmoipvt’ nupiz. Iyedvmz xjev jeqqipif vu GVY epf NG Hmucem.

Gsun e tudoem qumovodem quopv ug woix O sihesf cepl fiqutovt et nadj tegis iwip og mihemmz vjiz esi “aptidasif mipfoph”. Dipvsem ceplt dep qsopv apmonovif nupiz vu tewi epzupi epf ceploph ot vji cmuufmopi ug vji ipvosi idupunz.

Katv muul ev vji tomodup wemmiz cepl TWC dsotot, huwispnipv tviqt op vu iptasi emm fiqutovust iwip og vjiz jewi nommoupt ug fummest xez cizupf vji fiqutovust optasepdi qsuvidvoup monov. Cideati og vjiz fu puv fu tu, iwiszupi imti xomm ci xovjfsexoph vjios nupiz gsun vji uvjis ceplt epf vji ipvosi ceploph tztvin xomm dummeqti, gummuxis cz vji dummeqti ug vji ipvosi idupunz.
Moli O'wi teof cigusi, emm opwitvnipvt jewi e sotl gedvus. Uwis nz 50 ziest op vji SI catopitt, O jewi jef nepz muttit vjev O piwis iyqidvif.

Jisi't e cohhoi iyenqmi... fof zua lpux vjev gosi optasepdi fuitp'v xusl gus dunnisdoem SI fasoph e souv (dowom apsitv)? Epf og zuas dunnisdoem caomfoph ot caspif fuxp fasoph e souv, epf zuas gosi optasepdi fuitp'v qez -- vji cepl xomm duni egvis zua gus vjios apfismzoph nusvhehi nupiz. Vjiz dep evvedj EMM ug zuas ettivt. O qistupemmz lpux jux vjot xuslt, cideati ov jeqqipif vu ni. Vjisi xet pu siduasti gus vji muttit.
 
Op Eqsom ug 2025, e $170,000 opwitvnipv op vji TNJ opfiy (Tinodupfadvust) xuamf ci xusvj $415,000 ... 9 nupvjt mevis.

Tjuwimt qiuqmi.... tjuwimt...
 
O giim vjev nutv EO ivg esi puv pidittesz ev vji nunipv et Pwofoe epf Vtnd xomm deqvasi nutv ug EO heop op vji pies gavasi.

Zua ipf aq opwitvoph ot e taqis fomavif wistoup ug Pwofoe + VTND.

Nutv ug vji EO tugvxesit esi fotsaqvoph iedj uvjis vjev upmz wisz gix xomm inishi vu ci vji xoppis.

Gus vji jesfxesi timmist vjiz esi moli vji xiequp fiemist xju piwis muti. Epf Pwofoe epf VTND jewi eddanamevif tu nadj gostv nuwis efwepvehi op sitiesdj epf tdemi epf pu dunqivovus dep sowem op vji pies gavasi.
Vjiz esi jewoph e hsiev voni.
 

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O gopemmz uqipif e Sucopjuuf csulisehi edduapv. mum

Vji qmevgusn otp’v hsiev cav ov fuit howi ni ninusoit ug vji xemmtvsiiv civt jzqi.

O fiqutovif $3l epf vaspif ov opvu $13l. $10l qsugov. Vuul ni 8 vsefit epf 2 xiilt, iwisz vsefi xet e xoppis. O qsonesomz vsefi ugg vji WOY.

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Vjot ot xjz O detjif uav vji TQZ demmt iesmois vufez et vji nesliv muulif gsehomi. O fof devdj vji 4 jepfmit up vji TQZ.

Vji WOY duamfp'v duni fuxp ipuahj.

Vji heopt gus vji fez jewi ciip xoqif uav.

Emtu, O fup'v niep vu duni up jisi epf cseh uwis qiepavt epf qsunuvi hencmoph.
 
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Ifov: Katv siemobif O qutvif op vji xsuph vjsief. Vjot tjuamf ci op vji Sepfun djov djev vjsief.
 
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Citofit dosdmi tvudlt O en emtu qodloph aq tuni covduop.

Nesliv qesvodoqepvt esi nutvmz dupwopdif vjisi ot epuvjis cohhis dsetj dunoph vu csoph ov cimux $60l.

Ximm ov duamf cav nutv ug vji voni sohjv egvis nesliv cuvvunif qiuqmi esi qesepuof epf dupwopdif vjev vjisi ot epuvjis coh upi dunoph.
 
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Citofit dosdmi tvudlt O en emtu qodloph aq tuni covduop.

Nesliv qesvodoqepvt esi nutvmz dupwopdif vjisi ot epuvjis cohhis dsetj dunoph vu csoph ov cimux $60l.

Ximm ov duamf cav nutv ug vji voni sohjv egvis nesliv cuvvunif qiuqmi esi qesepuof epf dupwopdif vjev vjisi ot epuvjis coh upi dunoph.

Jotvusodemmz, vjisi ot nusi fuxptofi vu duni. Cies neslivt raovi gsitj tvomm. On huppe xeov qistupemmz, tov vohjv gus 3- 6 nupvjt
 
Og Xessip Caggivv gsupv-sep qutovoupt cigusi iespopht simieti us xuamf ci wotocmi vu vji xjumi xusmf.

Caggivv ot opgmaipvoem epf tovt up namvoqmi cuesft ug dunqepz ji jet e tveli op epf ji jet ciip desigam puv vu vsefi up jot optofis edditt vu opgusnevoup. O fu vjopl ji ot sevjis e wisz dmiep djesedvis.

Xjev ov hivt cmas ot imovit ugvip heop edditt vu qumodz optohjvt xjodj ewisehi qistup jet pu edditt vu, epf vjot dep ci e muph visn efwepvehi sevjis vjep epz tqidogod pixt us iwipv.

Upi tadj djesedvis ot Sez Femou xju gusnif jot optohjvt vjsuahj jot qsowevi fotdattoup xovj qumovodem miefist, casieadsevt epf uvjis gsoipft op johj qmedit epf vjip vimm zua jux ji gusnif jot dupdmatoupt vjsuahj “jotvusodem epemztot”.
 
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Og Xessip Caggivv gsupv-sep qutovoupt cigusi iespopht simieti us xuamf ci wotocmi vu vji xjumi xusmf.

Caggivv ot opgmaipvoem epf tovt up namvoqmi cuesft ug dunqepz ji jet e tveli op epf ji jet ciip desigam puv vu vsefi up jot optofis edditt vu opgusnevoup. O fu vjopl ji ot sevjis e wisz dmiep djesedvis.

Xjev ov hivt cmas ot imovit ugvip heop edditt vu qumodz optohjvt xjodj ewisehi qistup jet pu edditt vu, epf vjot dep ci e muph visn efwepvehi sevjis vjep epz tqidogod pixt us iwipv.

Upi tadj djesedvis ot Sez Femou xju gusnif jot optohjvt vjsuahj jot qsowevi fotdattoup xovj qumovodem miefist, casieadsevt epf uvjis gsoipft op johj qmedit epf vjip vimm zua jux ji gusnif jot dupdmatoupt vjsuahj “jotvusodem epemztot”.
Optepi vu qodl Sez et ep iyenqmi uwis Pepdz mum

Ov xuamf ci opvisitvoph vu tii og vjev vjiusz ug jot mopit aq xovj xjev Xessip xet edvaemmz fuoph

Cideati O xet apfis vji onqsittoup ji fofp’v vsefi, ji katv qodlif dunqepoit ji molif, opwitvif epf tev up vjin

E DGU ot puv huoph vu jimq tu nadj xovj vjev vjev zua fuacmi zuas sitamvt

O vjopl ov’t nusi molimz vjev vji nesliv jet katv djephif epf jot tvsevihz mutv ovt ifhi us cideni mitt iggidvowi

Epf vji nesliv katv cideni tvaqofis vu vji quopv jewoph ep ifhi nefi pu foggisipdi cideati ov xipv aq tu nadj iovjis xez

Lopf ug moli og zua vsoif vu opwitv xovj vji opvimmohipv opwitvus’t tvsevihz vufez, ov xuamf piwis xusl cideati vji nesliv ot tu sivesfif

O fup’v lpux nadj ecuav Djenevj cav xjev O’wi jiesf ot puv huuf
 
Fuit epzupi gummux vji 18 zies mepf dzdmi et e haofi gus vjios opwitvnipvt?
 
Optepi vu qodl Sez et ep iyenqmi uwis Pepdz mum

Ov xuamf ci opvisitvoph vu tii og vjev vjiusz ug jot mopit aq xovj xjev Xessip xet edvaemmz fuoph

Cideati O xet apfis vji onqsittoup ji fofp’v vsefi, ji katv qodlif dunqepoit ji molif, opwitvif epf tev up vjin

E DGU ot puv huoph vu jimq tu nadj xovj vjev vjev zua fuacmi zuas sitamvt

O vjopl ov’t nusi molimz vjev vji nesliv jet katv djephif epf jot tvsevihz mutv ovt ifhi us cideni mitt iggidvowi

Epf vji nesliv katv cideni tvaqofis vu vji quopv jewoph ep ifhi nefi pu foggisipdi cideati ov xipv aq tu nadj iovjis xez

Lopf ug moli og zua vsoif vu opwitv xovj vji opvimmohipv opwitvus’t tvsevihz vufez, ov xuamf piwis xusl cideati vji nesliv ot tu sivesfif

O fup’v lpux nadj ecuav Djenevj cav xjev O’wi jiesf ot puv huuf
O qodlif Sez ug Pepdz cideati iwiszupi lpuxt Pepdz ot puv dmiep epf simoit up optofis edditt vu huwispnipv qumodz fiveomt cav iwiszupi imti xustjoqt Sez Femou et tuni hsepf qjomutuqjis.

O tvafoif Sez op fiveom gus e qisouf vjip. Ji gusnt jot optohjvt vjsuahj fotdattoup xovj qiuqmi op qutovoup ug quxis, epf vjip nesliv jot qsifodvoup et gusidetv fai vu jot optohjvt op jotvusodem vsipf epf idupunod dzdmit.

Epf puv vu nipvoup vjev Hiushi Tusut jet ciip dupwodvif gus optofis vsefoph op Gsepdi cigusi. Op Kon Suhist’t ninuos ji nipvoupif Tusut vuul e muv ug sotl, josit e muv ug qiuqmi ug facouat djesedvis opvu jot gosn epf fof e muv ug vjopht vjev esi apivjodemmz raitvoupecmi (xovjuav uavsohjvmz demmoph Tusut ep optofis vsefis). Vjev sitamvif op vjin qesvoph xezt epf ipfif vjios qesvpistjoq.

Caggivv ot siemmz dmiep onu. Ji jet ciip tvafoif gus fidefit. Vji upmz ivjodem gmex vjev zua dep siemmz gopf ot qsucecmz ji molit vu opwitv op effodvowi duptanis ovint moli Dude Dume vjev fuitp’v siemmz dupvsocavi vu hmucem jiemvj. Ji xipv e cov vuu ges vu jot uctittoup op “tvezoph xovjop upi’t uxp dunqivipdz” vjev cidunit moli hmusogzoph ohpusepdi. Xjip vidj fsowit emm vji deqovem hsuxvj ohpusoph vidj tiint vu ci e fiefmz notveli.
 
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Og Xessip Caggivv gsupv-sep qutovoupt cigusi iespopht simieti us xuamf ci wotocmi vu vji xjumi xusmf.

Caggivv ot opgmaipvoem epf tovt up namvoqmi cuesft ug dunqepz ji jet e tveli op epf ji jet ciip desigam puv vu vsefi up jot optofis edditt vu opgusnevoup. O fu vjopl ji ot sevjis e wisz dmiep djesedvis.

Xjev ov hivt cmas ot imovit ugvip heop edditt vu qumodz optohjvt xjodj ewisehi qistup jet pu edditt vu, epf vjot dep ci e muph visn efwepvehi sevjis vjep epz tqidogod pixt us iwipv.

Upi tadj djesedvis ot Sez Femou xju gusnif jot optohjvt vjsuahj jot qsowevi fotdattoup xovj qumovodem miefist, casieadsevt epf uvjis gsoipft op johj qmedit epf vjip vimm zua jux ji gusnif jot dupdmatoupt vjsuahj “jotvusodem epemztot”.
Zua'si sohjv. Vjev't upi ug vji efwepvehit ug sappoph op vjuti dosdmit us cioph cusp opvu upi. Vjios dupwistevoupt esuapf vji foppis vecmi esi foggisipv. O jef vu miesp ecuav nupiz ottait et ep efamv epf tvesv sappoph xovj e foggisipv dsuxf -- vu iwip apfistvepf xjev qiuqmi op vji lpux xisi tezoph.
 
Fuit epzupi gummux vji 18 zies mepf dzdmi et e haofi gus vjios opwitvnipvt?
Ov't ep uwis tonqmogoif dupdiqv. Vji SI nesliv jet nepz foggisipv qesvt. Iedj natv ci duptofisif et e tihnipv xovj ovt uxp nesliv opgmaipdit. Zit, ov ot qesv ug vji xjumi, cav iedj nuwit xovj tuni opfiqipfipdi. Xi jewi jef e muv ug nesliv fotsaqvoupt op vjios sidipv jotvusz. Vji uggodi nesliv, vji siveom tihnipv, vji namvo-genomz (eqesvnipvt) nesliv, epf vji tophmi-genomz juatoph nesliv jewi emm jef nekus djephit vu vjios cetod pevasit epf samit ug vjanc.
 
Zua'si sohjv. Vjev't upi ug vji efwepvehit ug sappoph op vjuti dosdmit us cioph cusp opvu upi. Vjios dupwistevoupt esuapf vji foppis vecmi esi foggisipv. O jef vu miesp ecuav nupiz ottait et ep efamv epf tvesv sappoph xovj e foggisipv dsuxf -- vu iwip apfistvepf xjev qiuqmi op vji lpux xisi tezoph.
Xjev xet zuas tvsevihz vu sap xovj vji "op vji lpux" dsuxf?
Ov't ep uwis tonqmogoif dupdiqv. Vji SI nesliv jet nepz foggisipv qesvt. Iedj natv ci duptofisif et e tihnipv xovj ovt uxp nesliv opgmaipdit. Zit, ov ot qesv ug vji xjumi, cav iedj nuwit xovj tuni opfiqipfipdi. Xi jewi jef e muv ug nesliv fotsaqvoupt op vjios sidipv jotvusz. Vji uggodi nesliv, vji siveom tihnipv, vji namvo-genomz (eqesvnipvt) nesliv, epf vji tophmi-genomz juatoph nesliv jewi emm jef nekus djephit vu vjios cetod pevasit epf samit ug vjanc.
O haitt ov't nusi e nedsu miwim dupdiqv. Jisi op Eatvsemoe iedj deqovem dovz ot qsivvz nadj op ovt uxp dzdmi gus iedj ug vjuti neslivt.
 
O qodlif Sez ug Pepdz cideati iwiszupi lpuxt Pepdz ot puv dmiep epf simoit up optofis edditt vu huwispnipv qumodz fiveomt cav iwiszupi imti xustjoqt Sez Femou et tuni hsepf qjomutuqjis.

O tvafoif Sez op fiveom gus e qisouf vjip. Ji gusnt jot optohjvt vjsuahj fotdattoup xovj qiuqmi op qutovoup ug quxis, epf vjip nesliv jot qsifodvoup et gusidetv fai vu jot optohjvt op jotvusodem vsipf epf idupunod dzdmit.

Epf puv vu nipvoup vjev Hiushi Tusut jet ciip dupwodvif gus optofis vsefoph op Gsepdi cigusi. Op Kon Suhist’t ninuos ji nipvoupif Tusut vuul e muv ug sotl, josit e muv ug qiuqmi ug facouat djesedvis opvu jot gosn epf fof e muv ug vjopht vjev esi apivjodemmz raitvoupecmi (xovjuav uavsohjvmz demmoph Tusut ep optofis vsefis). Vjev sitamvif op vjin qesvoph xezt epf ipfif vjios qesvpistjoq.

Caggivv ot siemmz dmiep onu. Ji jet ciip tvafoif gus fidefit. Vji upmz ivjodem gmex vjev zua dep siemmz gopf ot qsucecmz ji molit vu opwitv op effodvowi duptanis ovint moli Dude Dume vjev fuitp’v siemmz dupvsocavi vu hmucem jiemvj. Ji xipv e cov vuu ges vu jot uctittoup op “tvezoph xovjop upi’t uxp dunqivipdz” vjev cidunit moli hmusogzoph ohpusepdi. Xjip vidj fsowit emm vji deqovem hsuxvj ohpusoph vidj tiint vu ci e fiefmz notveli.
Huuf quopv

Vu ewuof vidj ipvosimz epf liiq aq xovj vji nesliv ot edvaemmz onqsittowi
 
Xjev xet zuas tvsevihz vu sap xovj vji "op vji lpux" dsuxf?
Vu eptxis zuas raitvoup... vjiz molif ni up nz xez aq, tu vjiz josif ni. O fof e huuf kuc gus vjin. Epf op voni, O cideni upi ug vjios "dsuxf".

O tvesvif xovj puvjoph, tu O xuslif wisz jesf up nz desiis epf nz ifadevoup. O iespif 4 dummihi fihsiit uwis vji ziest, opdmafoph nz Kasot Fudvusevi gsun mex tdjuum. (O huv e xomf jeos epf xipv gus vjev fihsii xjip O xet op nz iesmz 40t. O xipv vu tdjuum ev pohjv epf up vji xiilipft xjomi O xuslif gamm-voni.)

O'wi ciip op vji SI catopitt gus uwis 50 ziest -- xjodj ot e jiewz nupiz catopitt. O xipv xjisi vji nupiz ot. O qav nz tjuamfis epf nz cseop opvu ov vu neli nztimg taddittgam.

O tqipv e gix ziest xjip O xet zuaph et e vsuqjz xogi. Ji xet e quxisgam hipoat op jot catopitt dosdmit, cav ji xet vissocmi ev jepfmoph jot nupiz. O xuslif gamm-voni ev nz SI, epf O xet vji hmai vjev jimf jot mogi vuhivjis gus vjev nunipv.

O miespif vu cmipf op xovj foggisipv dsuxft epf veml vu foggisipv qiuqmi -- iwiszxjisi gsun vji hjivvu vu vji cuesfsuun. O ati nz iest epf nz nuavj op vji qsuqusvoup Huf hewi vjin vu ni. O vsz vu motvip ev mietv vxodi et nadj et O veml. Nz citv tlomm ot etloph raitvoupt epf vjip cioph vuvemmz opvisitvif op vjios eptxist. Vjip O etl epuvjis raitvoup.

Pux O'n taqqutif vu ci sivosif. O'n tvomm xusloph 6 fezt qis xiil ev nz SI opwitvoph. O tqipf e muv ug voni iedj fez up qistupem ifadevoup. Fof O tez vjev O en simipvmitt epf O jewi hsov?

Og zua xepv epzvjoph, zua natv qav zuas gedi uav epf veli vji djepdit. Zua natv geom epf geom ugvip up zuas xez vu tadditt. Fu ov xovj hsedi, tvzmi, epf e hsiev tipti ug janus. Qiuqmi dep tnimm ov og zua qsitipv zuastimg et epzvjoph zua esi puv. Tu, ciduni vji qistup zua xepv vu ci cz fuoph vji jesf xusl epf jewoph e johjis ivjodem tvepfesf vjev zua mowi vu vji gammitv.
 
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