Sunday, March 13, 2016

The Best Thing You Can Ever Do With Your Money

The Best Thing You Can Ever Do With Your Money                                                                                                                                                                                                                                             The best thing to do with your cash? Keep it in risk free vehicles. What? think I'm crazy? Yeah, that's  pretty much par for the course as they say. Even investment vehicles like Treasuries, Bonds and Certificates Of Deposit aren't worth it because of the low interest rates you get. As well, the US government is depending on printing money out of thin air to pay for their own mistakes. Basically, making the interest rates on these investments go even lower. The government won't default on these vehicles, but it makes this person very nervous.

Obama and company don't get it. Neither would any other party in power.

The best thing to do with your cash besides burying it or putting it under your mattress, just put it in the bank. That's right, just put it in the bank. You won't get piss all interest on your cash, but at least it will be safe. Most people should stay away from the stock market. If 100's of analyst's from companies like Fidelity, Schwab, Merrill Lynch or any number of Wall St. firms can't guarantee you'll make solid cash every year, why would you trust them?

Most don't understand the stock market. Why would you put your hard earned cash in something you don't really understand?

There are only two ways to make money. Get a job and start a small business in something you understand and has a strong chance of making a buck. Other than that why would you think your fortunes are in the stock market? Go into business with money you can afford to lose as well. That way you won't be so pissed off.

Maybe I'm the loon here. You know, koo koo for Coco Puffs. Get some brains and just do what I say. You'll be happier and so will the wife. And don't have any new years' resolution either. Have a good night, from this grizzled old timer.

Mark

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