The No-B.S. Guide to Building Real Wealth in Your Self-Directed IRA or Solo 401k
The Fed’s activities for over a decade have been very focused on creating inflation (an increase in the money supply). Allan Meltzer wrote a great article the other day summarizing how inflation isn’t the solution to our economic problems… it’s the cause.
He revisits how Fed chairman Paul Volcker came on the scene and decided to directly combat the economic problems in the 70s by simply [Read more...]
[Post contributed by reformedinvestor]
I recently learned that I may have been given bad investment advice. I’m 32 now but I started working with a financial advisor when I was 26 years old. At the time the stock market was the way to go. If you weren’t invested in the stock market you were missing out. So I socked all my savings away in the safest and most lucrative thing I knew, Wall Street.
My financial advisor told me that because I was so young, I should invest a bit more aggressively. It made perfect sense; after all, I had 30-40 years to go until retirement. I could ride the ups and downs of the market cycles.
But what no one told me [Read more...]
My new article on Forbes.com…
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For entrepreneurs, getting through these financially turbulent times may require some imaginative [read whole article on Forbes.com]
