So how do we insure a high-quality and useful post-secondary education for ourselves and our children given all the challenges? For openers, I believe that a full scale solution, a revolution really, is coming.
So how do we insure a high-quality and useful post-secondary education for ourselves and our children given all the challenges? For openers, I believe that a full scale solution, a revolution really, is coming.
Our higher education system has been and will continue to be a massive failure for most children...
I’ve been telling you it’s a bad time to invest in the stock market (even in index funds for now), so exactly where and how should you invest your money for the time being? Retirement money and other savings should basically be in very short term fixed income investments right now. But let’s break this down and understand where to (and not to) invest your money while returns are so painfully low, while still protecting them from unstable markets and likely to lose investment opportunities. I know it’s rough to even contemplate returns so low they don’t even make up for inflation, but most of the successful investors I know personally are doing what I am right now and are holding out until better returns can be achieved and most importantly keeping our money secure. We sit here waiting for the game to shift and the next opportunity to arrive, as they always eventually do.
The system of personal money management in this country has become corrupted beyond belief! Those that have trusted it and followed the advice of the vast majority of the financial services industry and the majority of the financial media have seen their finances, their futures, and often their lives, deeply damaged.
I've been asked that question a lot, especially in the last month or so. Over the past year I have consistently advised against investing in gold and that advice has been pretty good as the price really hasn't changed much. I do believe there will come a time when owing some gold will be a very good idea, but I don't believe we've reached that point as yet for a variety of reasons.
Earlier this week, a New York Times article came out that really caught my attention. It was disappointing to see the typical economic spin that encourages people to invest with the financial services industry NO MATTER WHAT taken to such great lengths, but was also encouraging to see that the article was in response to a terrific new trend by their customers. People are really starting to catch on that it’s not a good idea to invest in the stock market, especially not at this time, and have been pulling their money out. Now, that’s great news.