If someone promises you 20% risk-free returns, it’s a fraud. Educate yourself… and only invest in things you understand.
The dollar has not been a great store of value. Gold on the other hand… it’s held its value over thousands of years. But you can’t buy a pizza with gold.
The Federal Reserve tries to help people out. But everything it does creates more inequality. As they say, the road to hell is paved with good intentions.
Sure, you could get “rich” by cutting a million little things. Those things do matter. But if you have seven figures in the bank, it’s okay to buy yourself a nice suit.
If you go to Jersey Mike’s to buy a sandwich, and you pay with a credit card, you are taking out a loan to buy a sandwich. It’s debt. But people don’t think about it this way. They think credit...