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401(k)… IRA… You’re Screwed!

401(k)… IRA… You’re Screwed!

Ever Timed the Market Wrong? How About Your Taxes? Dear Reader, I’m no fan of the 401(k) or IRA. I’ve made that clear since starting this letter, as I hate the idea of current retirement planning.***1. It takes perfectly good money and puts it into Wall Street (a...
How to Pay Less in Taxes (Legally)

How to Pay Less in Taxes (Legally)

Dear Reader, Unfortunately, not paying an income tax if you are a U.S. citizen can get you thrown behind bars. Regardless of your political beliefs, how you vote, or your understanding of the U.S. Constitution, the government doesn’t care. It wants your money,...
Gold is Ready for a Solid Breakout

Gold is Ready for a Solid Breakout

Dear Reader, A few signals are pointing to the “smart money” getting back into gold and turning bearish on the U.S. dollar.  Looking at the Commitment of Traders (COT), commercial hedgers are holding sizable bearish positions on the U.S. dollar. At the same time, gold...
Avoid this Money Advice

Avoid this Money Advice

Dear Reader, In the realm of personal finance and conventional wisdom, there is some really bad advice going out there, in my opinion. Today, I want to discuss four financial taboos. #1) Debt The middle class has been conditioned to use financing for everything: their...
The Virtues of Trump

The Virtues of Trump

Dear Reader, For the next 5 minutes, let’s forget about politics, the election, and some of the things that Donald J. Trump has stated over the past year. Let’s just focus on the incredible virtues that this man has that, should any individual model or mimic, could...