Invest Like You Eat

Phil Fragasso, author of "Your Nest Egg Game Plan," explains that constructing a well-balanced investment portfolio is just like eating a well-balanced diet. Learn more at Phil's Hard Working Money website.

Category:

Education

Tags:

• investing
• diversification
• asset allocation
• Phil Fragasso
• hard working money

[phongle123]

lol, cash down the bottom. FYI the dollar has lost 95% of its purchasing power since it first came out. As long as there is a central bank, cash is the dumbest investment ever.

[HardWorkingMoney]

@phongle123

Are you suggesting that there shouldn't be a central bank? If so, please provide an example of how that might work, where it has worked before, and what investment you would suggest that would provide similar safety of capital as cash.

[gibbo675]

@HardWorkingMoney The tally stick system worked very well for over 700 years in England before it was ruined by bankers.

[HardWorkingMoney]

@gibbo675

And horse-powered transportation worked well for centuries until it was "ruined" by gas-powered engines. I find all you gold-bugs and dollar haters quite ludicrous. Just because you read something about the tally stick system on a blog that gets picked up by other blogs doesn't mean it's relevant to today's society.

[chroNick546]

is this guy freakin stupid or what? Yeah, gold will kill my portfoilio with the trillions of dollars and euros they're printing out of thin air.. Better get those government bonds that are going bad as the base of your investment pyramid you retard.

[HardWorkingMoney]

@chroNick546

I've been getting a lot of hate mail from gold bugs and Forex traders. Gold and currency are highly speculative asset classes that are inappropriate for most investors. Gold went through a 20-year period of zero appreciation. It is now approaching a bubble based on fear. If chroNick546 wants to bet his/her entire portfolio on gold, that's fine. But why would you suggest that someone -- i.e., me -- is "freakin stupid" or a "retard" for recommending broad diversification? Sad.

[jayrush01]

gold/ precious metals should fill the whole bottom of the pyramid. as long as they print money it should stay on the bottom

[steveoc64]

Govt bonds, stocks, shares, real estate and fiat instruments of debt - lol. Thats quite funny.

The main 'food groups' should be :

- Preps .. food, water, living essentials

- Guns and ammo

- Gold and Silver

[jakeawaythe16th]

@HardWorkingMoney aren't gas powered-engines going to be a failed system after oil peaks?

[DrQxx]

Most of you will FAIL @ investing. Don't be discouraged. remember success is a poor teach :)

[madmikeof74]

@HardWorkingMoney "gold and currency are highly speculative asset classes" What are you you saying that real estate and shares are less speculative?

[madmikeof74]

@HardWorkingMoney gold!



[slavmart]

Fragasso is a fool for placing T-bills and Cash as fundamental investment classes. He obviously never learned about Fractional Reserve Banking or Sovereign Debt Crisis from his Keynesian university professors unable to succeed in the private sector.

Investment decisions and their diversification should be weighed according to value cycles and political environ. If you turn this pyramid upside-down, you should find yourself with a more accurate guide. GLD to store wealth, RE to generate income

[Sabinka47]

The key take away from food pyramid is that the food pyramid is for idiots who know shit about how people should eat. Grains, fruits and vegetables give you cancer, insulin resistance and a body to be ashamed of.

[phongle123]

@HardWorkingMoney Yep. There should not be a central bank. It worked for the romans, until they mixed copper with their gold coins (expanding the currency supply).

As for something as safe as cash, well i cant think of any because cash is THAT bad. It is guaranteed and designed to go down in purchasing power.

[phongle123]

@HardWorkingMoney cash is not safe. And if you think it is you need to do some reading on the dollar of Zimbabwe, Vietnam and Germany.

If you want something safe, at least have it be tangible like the following:

1) Education. Read books, attend seminars, take courses, try things for yourself and see what happens.

2) Gold and Silver. The only currency that has last the test of time.

3) Real Estate. Great ability to leverage and cash flow.

[phongle123]

@HardWorkingMoney ok. In the roman empire gold and silver were used as money. The people were very prosperous.

Then romans then wanted to expand their empire and to fund their war, they debased the currency by mixing copper and zinc with their gold and silver. In some cases they just melted the coin and minted it with a high face value. This caused inflation as there was more money chasing the same amount of goods.

The middle class watched as their savings became worthless.