— Enough to cover anyone's lifetime
Just over a week ago I was asked a question about investing in today's climate, so I did a video and intended to write a more detailed post in the next day or so, then procrastinated until last Wednesday, and then I was off on another pack-the-backpack spontaneous travel thing, as documented in my last newsletter (free by email).
If all things work together for good, then this delay surely worked out because I now have a whole new laugh to mock, involving a 30-year-old losing people's billions of dollars.
Yes, it's a laughing matter.
Sorry not sorry. How many times is shit like this going to happen before people stop chasing just another turn on playing the lottery? I can't count the times over the last few years I've been told about various too-good-to-be-true-or-lasting deals, where you supposedly get a lot of free money. "Money," I should say.
You know, just because something has better maths doesn't mean it's good maths. Lots of stuff is better than shit and that's not saying much. I'll speak to crypto and its latest lost-billions fiasco down below. The quote I use in the headline image will tie into that, primarily.
...Everyone is an investor. The difference amounts to what's the nature of the investment. When people say they invest in stocks, bonds, funds, real estate, startups, et al, they're just using common lingo to make distinctions, which is fine. But, there are many things to invest in and what I intend to do here is draw the most critical and wide-scope integral distinction you'll ever consider.
You might be left wondering why you never looked at it like that.
- The Financial Markets
- Tax Sheltering
- Story: How My Company Was Penalized For Giving Away Too Much Money
- Real Estate
- Vacation Rentals: The Sure Big Bucks in R/E!
- Potential Investment in R/E With Vacation Rental Level Income
- FTX Fiasco (LOL)
- Entrepreneurship and Geoarbitrage for Max Gains
Since the video is already public, here it is, to be viewed as a scant introduction to this post. If it's only appetite wetting, feel free to get more. It doesn't cover much on vacation rentals and almost nothing on crypto, for example. It sets a tone, though.
The membership for unfettered access to everything at all times is $6 per month, $50 per year, or $250 lifetime. I've been at this for 19 years this month (03 November 2003 was post #1) so it's a good bet I'll be at it long enough into the future to make lifetime the best investment. Plus, the price of membership doubles 01 January 2023 across the board. If you're thinking of popping for it before then, what better time than now?
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