This is the first e-mail from the Dolans in months. I wonder what happened and why we don't get them on wor any more.
Biggest Investing Lies You're Being Told (Page 10 of 10)
Categories: Invest Wisely
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Money Lies … Don't Be a Sucker!
It's inevitable: in an uncertain economic climate such as this one, there's always going to be conflicting advice and shady characters trying to sell you a bunch of lies.
Your best bet is to stay calm and think twice before you take any action with your money. And, of course, stick with us here at Dolans.com for the latest personal finance news and advice. Check out these articles for specific actions you can take now to weather this financial storm:
View unverified member's comment - posted by Bernt Carlsen
There is alot of talk of possibly the dollar collapsing. Any advice on how to protect your money and 401k. Thanks Willie
Willie, send you money over seas. If the dollar collapses, you will not only hold the dollar value but actually increase it. Be careful though. Make sure you are in a country or money value that has security checks. Minimal corruption.
In the article they talk about the Ponzi schemes. They always mention Madoff. What about our own government. Medicare, Madicade, Social Security are all going bankrupt. They take the money now hoping to make payments later. Meanwhile the "baby boomers" keep collecting at an ever increasing rate.
My best advice was given to me when I was 22 years old.
Recovering from a surgery, with a recovery time of 12 months, I was advised I would ALWAYS need a place to live. Now after 30 years I've lived better and never been homeless. PEOPLE, will always need a place to live. It's an investment that will never end, and the dollar value during good times
your value increases, and in the bad times, Well....You always got a place to live, and your renters pay the mortgage, and buy you a house.
Best of Luck
I only look at the bottom line of my brokerage statements. I don't know what else to check. Do I check all the math on all the transactions. HELP!



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View unverified member's comment - posted by Bernt Carlsen