The American dream says put your head down, work hard, set a portion of your paycheck aside in the market, and everything will be ok. It doesn’t always pan out that way.

Most people spend more time planning their vacations than their financial futures

We’re taught to believe that because we own stocks, bonds, and mutual funds we are “diversified.” That’s like saying I’ve tried chocolate, vanilla, and strawberry ice cream, and I’ve decided I don’t like dessert.” 

Why should financial advisors and fund managers get paid even when they lose their clients money? We don’t think that’s fair.

When the government prints $85B per month to pay for q, how can my cash be worth the same today as it was a year ago?

We’re taught to believe that because we own stocks, bonds, and mutual funds we are “diversified.” That’s like saying I’ve tried chocolate, vanilla, and strawberry ice cream, and I’ve decided I don’t like dessert.” 

The “Wealth Effect” states that when the market goes up, we all “feel” richer and spend more, which ultimately drives prices up. Unless we own assets with real value, we become subject to bubbles, and bubbles can pop.

A real asset is an investment with intrinsic value, and one that pays you regardless of what happens in the “paper” equities markets.