Even as retirees here in Mexico, many of this paper’s readers are still interested in how to invest their money.
I’m not good at investing. I have no luck investing. At one point, I was in the investing business, where it became clear I needed serious career guidance.
Simply put, I would be the guy who invests somewhere in the Military-Industrial Sector just weeks before the Second Coming.
So I don’t trust my judgement or my luck when it comes to investing. As I recall, I actually lost money as a paperboy.
Anyway, I can tell you only that I don’t trust advisors, brokers, gurus. Mainly because today, investing is too complicated a business.
1. I don’t see the point of sitting for hours with an investment broker. They are no help anymore. Except to ask, are you risk-averse or superyacht-ambitious. For me, this depends on the mood I’m in. So the answer is, Who knows? And every broker has a favorite tract, “diversify.” This is code for “I have no idea where to put your money, so let’s just put some everywhere.”
Please login or subscribe to view the complete article.