How to Use ETFs For Safer, More Secure Portfolios…
When I was a kid, I got $5 a week allowance, and for that I had a list of “chores” to do. Vacuum, dust, feed the pets, take out the trash, all that kind of stuff. I would daydream of a robot that would do all that stuff automatically for me, so I wouldn’t have to do it. Well l nowadays they’ve got robots that do some of that (“Roombas”) and gee, I guess...
Read MoreHow to Make a Fortune in the Coming Years…
Back on June 30th, I wrote about inflation, interest rates, taxes and gold in a piece titled “How to Invest During an Economic Crisis.” If you haven’t read it, go do that now. I’ll wait. Back? Okay, so it’s 2 months later and has anything changed my mind about what I said? Nope. In fact recent events have just reinforced my views. I’m even more convinced that it’s only a...
Read MoreWarren Buffett Speaks out on the Growing U.S. Debt…
Interesting opinion piece by Warren Buffett right here. According to Buffett, Congress might find it hard to slow the prodigious spending, when the time comes, as they worry about being re-elected. According to economist John Maynard Keynes, “By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens…....
Read MoreRolling Stone’s Matt Taibbi Looks at the Sins of Goldman Sachs…
THE FIRST THING YOU NEED TO KNOW about Goldman Sachs is that it’s everywhere. The world’s most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent, financial crisis, which doubles as a history of the rapid decline and fall of the suddenly...
Read MoreRich Dad, Poor Dad Author Robert Kiyosaki has a New Book…
You may have heard of the Rich Dad, Poor Dad series of books as they were quite popular a few years ago. I have four books from the series myself and enjoy reading them — although they are more “big-picture” oriented and leave out most of the implementation details (which, at the end of the day, are very important). Still, they cover some very useful information. Well, Kiyosaki...
Read MoreHow to Invest During an Economic Crisis…
If you’ve read anything I’ve written, such as this blog, my book or articles, you’ll know I’m not a big fan of trying to predict things. I’d rather react intelligently to whatever has already happened rather than trying to divine what will happen next. The main reason is because most predictions don’t pan out consistently. However, there are some things that are not too difficult to...
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