Charlie's First IRA

My mental image of what's happening to the USA

When I was younger I used to believe more of what other people told me. One thing was what the typical money managers say to regular dudes like us (meaning people that aren’t millionaires). “Make regular scheduled contributions to mutual funds that mirror the broad market, buy stock in blue chip companies, buy and hold, and be patient. This investment will work out for you in the long run and you’ll be financially secure when you retire (At 65).”

What bullshit.

Those guys don’t give a shit about us. We’re minnows. Our purpose in the mind of those Wall Street BBDs (business-banker douchebags) is as food, like the 2 1/2 tons of plankton a … [Read more]

Gold and other investments for the Single Dude

Gold Coins

The world financial system today is in enormous trouble.  Greece is just the tip of the iceberg.  Next: Italy, Ireland, Portugal and Spain (not necessarily in that order).  The Greek train wreck will be the first domino to fall in what will become a worldwide crisis that has the potential to make 2008 look like the common cold when compared to the Ebola virus. Time to cover your asses, dudes.

I didn’t want to give investment advice but Charlie talked me into it. You might as well get it here if you aren’t going to get it somewhere else. I imagine that many of our readers are not much into the … [Read more]