Is Higher Education an Investment or a Style Choice?
A true investment is one in which we calculate a reasonable timeframe to be paid back our outlay (akin to Internal Rate of Return), and after that, the net profit…
The Federal Reserve just declared itself insolvent
They didn’t come out and say that, but numbers don’t lie. Allow me to make it clearer. Let’s look in the “Federal Reserve Banks Combined Quarterly Financial Report for September 30, 2018” :…
Why Investment Should Not Be Like a Las Vegas Weekend
Some of my clients know that I hold a Series 65 certification (“Uniform Investment Advisor”) granted by FINRA after a very rigorous study and examination on the laws and technical…
You Just Lost Every Dime of Your Savings Growth This Year
Let’s review why using Wall Street as a savings plan is a bad idea. As of this writing, the S&P 500 is down 9.4 percent in three weeks, with two…
Regulation Does Not Make Investments Safe
I saw an interesting YouTube video about person-to-person lending practices in China. As you know, China is anything but a free market economy. People there need access to financing without…
The Emperor’s Bank Has No Clothes
A recent article in Bloomberg (first noted by my most excellent colleague Carlos Lara) pointed out the latest rigged game of the Federal Reserve and their commercial bank pals. …
Tony Robbins Is Wrong Again, Darn It
Tony Robbins, the creator of the modern motivation industry, has authored a second book on money, called Unshakable. I won’t include the link here because I have not read it,…
Add Money To Your Bank, Anytime!
The ability to store money in our privatized banking policies is enabled by the use of Paid-Up Additions (PUA). PUAs are single premium plus-ups to our Cash Value and Benefit…
Say No To Credit? From Banks, Sure
A recent article in one of my favorite, albeit conventional money sites, Investopia.com, has the title, “9 reasons to say no to credit”. As I expected, these points are a…
Members only: Addendum to Investment Advice
My public post on the Truth About Investment Advice is important for Privatized Bankers and everyone else. Since every “investment” ad from Wall Street has its disclaimer of “past performance…