Suze and Ramsey are total shills for the banking system. They recommend all the crap you should not be doing. Cash is trash and real estate is nowhere near a bottom yet. 401k and IRAs are scams. Do not listen to these financial shills.
Also, do NOT invest in real estate - what are you nuts?? The bubble hasn't even completely burst yet...we haven't seen nothing yet. Option Arms still need to reset! After that commercial real estate is next.
I don't know who this money is giving you advice but you need to stop listening to him, seriously!
When Silver/Gold reach its peak, that is when you need to sell and then get into land & US stocks for pennies on the dollar.
OK 1st, do NOT start a ROTH or a Trad IRA - Get out of the dollar! Put that money in Gold/Silver. Do NOT rush to pay off your house - use the excess and get Gold/Silver!! Do u see where I'm going with this? Gold can EASILY reach 6k/oz and Silver at least will be at 500/oz. You will see hyper-inflation within a year or two so get your savings and put it in Silver to get the most ROI
Do NOT get ETFs! Get physical!! Study History and learn -- get this cheap while u can!
People living week to week, barely making it as their spoise just got laid off don't have a pot to pee in and not even pennies to put away, This advice does not work for the common, every Jane or Joe.
You don't need a degree, just the motivation, ambition and determination to READ and LEARN, period. You can learn anything you can IMAGINE on the Internet. There's no excuse for anyone really, especially with the Internet at your fingertips.
Suze and Ramsey are total shills for the banking system. They recommend all the crap you should not be doing. Cash is trash and real estate is nowhere near a bottom yet. 401k and IRAs are scams. Do not listen to these financial shills.
JP5466 5 months ago
Also, do NOT invest in real estate - what are you nuts?? The bubble hasn't even completely burst yet...we haven't seen nothing yet. Option Arms still need to reset! After that commercial real estate is next.
I don't know who this money is giving you advice but you need to stop listening to him, seriously!
When Silver/Gold reach its peak, that is when you need to sell and then get into land & US stocks for pennies on the dollar.
THEME: Get OUT of Dollars!!
vinny1010 3 years ago
OK 1st, do NOT start a ROTH or a Trad IRA - Get out of the dollar! Put that money in Gold/Silver. Do NOT rush to pay off your house - use the excess and get Gold/Silver!! Do u see where I'm going with this? Gold can EASILY reach 6k/oz and Silver at least will be at 500/oz. You will see hyper-inflation within a year or two so get your savings and put it in Silver to get the most ROI
Do NOT get ETFs! Get physical!! Study History and learn -- get this cheap while u can!
vinny1010 3 years ago
TrustGodMankind and MrFredGSanford both has valid points!
oshunbaby 3 years ago
People living week to week, barely making it as their spoise just got laid off don't have a pot to pee in and not even pennies to put away, This advice does not work for the common, every Jane or Joe.
TrustGodMankind 3 years ago
You don't need a degree, just the motivation, ambition and determination to READ and LEARN, period. You can learn anything you can IMAGINE on the Internet. There's no excuse for anyone really, especially with the Internet at your fingertips.
MrFredGSanford 3 years ago