A study identified something the financial industry has been quietly doing for decades, and it proves what I have been saying for years. If you are not already wealthy enough to impress a big firm’s account minimums, they have already written you off.
Washington is begging you to be scared of China while they rob you blind with deficit spending that would make a Vegas loan shark blush. I am not buying the boogeyman, and neither should you.
The New York Times ran a Father’s Day essay that had nothing to do with fatherhood. I want to talk about a different Father’s Day message, one that’s 150 years old and more relevant than anything in today’s media.
I have been in Italy for two weeks and I can tell you firsthand, the story coming out of the Trump camp about Georgia Meloni begging for a photo op is political spin of the highest order. Let me give you the real numbers.
The real estate industry has spent decades convincing you that buying a home is always a smart investment. It’s one of the most successful lobbying and marketing operations in American history, and you are the product.
The big wirehouses and their slick TV commercials want you dreaming about vineyards in Napa. I want you to wake up and look at your actual account balance. Those are very different conversations.
The COVID cover story has officially collapsed and the receipts are in. American taxpayer money went to gain of function research in Wuhan, the wet market narrative was fabricated, and the people responsible are not facing a single consequence.
The financial industry has spent decades convincing you that investing is so complicated you need to hand your money to someone with a fancy algorithm and a sharp suit. I spent time on that side of the table, and I am here to tell you it is a con.
If you have less than a million dollars saved, the biggest wealth management firms in America have officially decided you are not worth a single human hour of attention. And they are not even hiding it anymore.
The higher education industry has been running one of the longest-lasting financial cons in American history, and parents keep lining up to hand their kids the bill. I’m done being polite about it.