Blog Category: Personal Finance

Don’t Buy a Home!

The worst decision I ever made was buying a home. Or two. Not only that, but for reasons I describe below, real estate is going down.  When I ask people why they…

The worst decision I ever made was buying a home. Or two. Not only that, but for reasons I describe below, real estate is going down.  When I ask people why they buy a home they give me several reasons: A) It’s a great investment. In the long run it will be your retirement savings. […]

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THE END OF AMERICA (from an optimist’s perspective)

I’m usually accused of being too much of an optimist. When someone tells me “global warming” I immediately think, “Good thing people are working on alt-energy solutions.” When someone tells me “automation…

I’m usually accused of being too much of an optimist. When someone tells me “global warming” I immediately think, “Good thing people are working on alt-energy solutions.” When someone tells me “automation will crush jobs” I think, “Well, look at what happened when ATMs supposedly were going to replace bank tellers. Nothing. The cost savings […]

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The Smartest Piece Of Financial Advice I Ever Got

“You are stupid.” This one piece of advice has made me millions. That sounds like bragging. “Millions”. Blech. But I have to use the word. Because this is the most important advice…

“You are stupid.” This one piece of advice has made me millions. That sounds like bragging. “Millions”. Blech. But I have to use the word. Because this is the most important advice ever. Without this advice I almost certainly would be dead. Or crying. A lot of crying. Like I did for many years. It’s […]

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Financial Fridays: What the 'Brexit' Means!

Nothing. I almost have nothing more to say about it. I haven’t been following the news at all about the entire issue. But I know a thing or two about financial disasters. This…

Nothing. I almost have nothing more to say about it. I haven’t been following the news at all about the entire issue. But I know a thing or two about financial disasters. This is so far from a financial disaster it’s almost ludicrous when I looked at the headlines (although I avoided reading the articles) this […]

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How I Make Money Off Of Trends…

I visited Google a few months ago with some friends and, after almost getting arrested, my mind was blown… First, we wandered into the garage where they were actually making or fixing…

I visited Google a few months ago with some friends and, after almost getting arrested, my mind was blown… First, we wandered into the garage where they were actually making or fixing the driver-less cars. When they finally realized we were wandering around, security had to escort us out. We got scared and we thought […]

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I'm Going to Tell You About the Most Successful Person I Know

Lets call him “Pat”. That’s not his name but close. I don’t want to embarrass him although I am 99.99% sure he won’t be embarrassed even if I mention him. I met…

Lets call him “Pat”. That’s not his name but close. I don’t want to embarrass him although I am 99.99% sure he won’t be embarrassed even if I mention him. I met him in 1999. He was the #2 guy at the largest investment bank in the world. He wanted to invest in my next […]

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Why The Stock Market is Too Risky Right Now

People have called me a “perma-bull” forever. Mish Shedlock called me a “wacko”. Zerohedge has called me insane. Nouriel Roubini has laughed in my face. My daughters still quote Don Luskin when…

People have called me a “perma-bull” forever. Mish Shedlock called me a “wacko”. Zerohedge has called me insane. Nouriel Roubini has laughed in my face. My daughters still quote Don Luskin when he was on CNBC shaking his head and saying, “James, James, James…” while laughing after I said the market was going to hit […]

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