My understanding of investing is this: you need to spread your money around lots of different asset classes in order to achieve true wealth. Some people will get lucky investing all their money into Facebook, Bitcoin, a blockchain technology company, or retirement home developer. But most people cannot pick individual stocks. Thus the solution should […]
Category: Money
Study Notes – Modern Economy
US is trillions of dollars in debt. There has been a 98% decrease in the purchasing power of the dollar since the dollars inception. The more the government prints money, the lower the purchasing power of the dollar will go. Since banks keep printing money, it’s getting harder for lower and middle class people to have […]
Money Making Gold Nuggests
The rich collect money and use other peoples money to service the income producting assets they own. A borrower of money is the slave to the lender. One must figure out was to be the lender/owner of money to win the economic game. For example, use income producing real estate. Don’t sign up for an […]
Wealth Research
When people recommend an investor buys physical gold or silver, they are betting on the following to happen.. A financial market crash from a sector bubble bursting resulting in a dramatic drop in the value of your fiat portfolio. The knuckle heads will go to their brokers and/or withdrawal their investments from their brokerage accounts […]