Let’s face it – if you’re reading this blog then it’s likely that you’re not rich yet. Unless of course you are our president-Elect. Considering how often I write about Mr. Trump, I like to think he drops by to see what all the fuss is about. Hey Mr. President-elect, good luck in the White House. Do us all proud and show us that the far left was wrong. But I digress. You wanted to know why you’re not rich. There’s a very simple reason for that: because you make your money in a lousy J.O.B. (Just Over Broke). I’ve … Read More >

So the impossible has happened – the Donald will be our 45th president. Congrats Donald – you beat back the odds yet again and managed to win the White House. Now, about those promises you made on the campaign trail – you know, all those jobs you promised were coming back? Uhm, how is that’s going so far? Trump the Negotiator Let’s get one thing very clear – Donald Trump himself has admitted that his campaign promises aren’t real promises – he’s not some insane nut job who is going to completely destroy America. Sorry, but the so called Mainstream … Read More >

You know what I love? It’s the stories of average Joes who started out as penniless nothings and then became millionaires or even billionaires who somehow made it all the way to the Forbes 400. Yeah, you know who I’m talking about – the smart guys and gals who said screw it, I’m gonna be rich. You know what’s really cool though? If you want to become another Richard Branson or come up with the next Facebook, most of these guys are happy to tell you what they did to make it big. You just have to be willing to … Read More >

I don’t know about you but I am godawful sick to death of the election. To hear both Hillary the Donald tell it, this election is all about the Middle Class of America and how the Middle Class is under attack. I call bullsh*t on both of them. The fact is that both are in their own ways out to protect the wealthy and their friends, not the Middle Class. But of course, the middle class screws itself over constantly so they figure they can get away with it. After all, if the average middle class American doesn’t care enough … Read More >

I’ll never forget the first time I heard those immortal words – Greed is Good! Hey, like any kid of the 1980s, I watched Gordon Gecko getting all the hot girls and all the glitter and fame and I knew I wanted it all. I was raised to be a good American and a consumer. Heck, after the 9/11 attacks our president told us to go and shop till we drop. It’s the American way after all. Except that consumerism is killing us all. Mind you, I’m not the sort of person who is particularly interested in being a minimalist. … Read More >

Why the US Dollar is Screwed

by Eric Hammer on October 18, 2016

The US Dollar – sure it seems as if it’s accepted everywhere and that’s because it is. However, there is a real possibility that very soon all that could change. The fact is that with the way things are going in the world, we could very soon be looking at piles of worthless pieces of paper stuffing our wallets. It’s all because of a decision made around 75 years ago in New Hampshire. The World’s Reserve Currency There’s a good reason why Great Britain is called that – it’s because until fairly recently, Great Britain was pretty great. It was … Read More >

I’ve got to say – I got on the silver train long before all the trendy, beautiful people did so. For me, I was always in love with the color and luster of the metal, never mind that I always knew what others are only now realizing – silver is an amazing investment. Here’s why: A Bit about Silver I know what you’re thinking – that Eric is cracked and that he doesn’t know what he’s talking about. Gold is the standard. After all, there’s a reason that the US was once on the Gold Standard, right? Well it’s true … Read More >

I admit to being somewhat conceited as a New Yorker. To me, New York is the center of the universe and everywhere is just a little less than my hometown. And this is coming from someone who has moved 18 times and who has lived on three continents. There’s no place quite like New York. Except, apparently, for Toronto. Toronto? Really? Toronto Real estate is going crazy, or so I’m told. Toronto? Really? My friend Yasir Khan, the owner and creator of Wealth Kept mentioned this to me recently and I just had to check it out for myself. I … Read More >

Can you believe we might actually have a President Donald Trump? It’s true – Trump is going to be the nominee for the Republicans. To hear the media and professional pollsters tell it, he doesn’t stand a chance against Hillary. Then again, these are the same so called professionals who said he wouldn’t last a week in the primaries. But just who is The Donald and how did actually become rich anyway? The Really Old Fashioned Way Many people may not know this but The Donald became rich initially through the really old fashioned way – he inherited it. His … Read More >

Sorry to burst your bubble but the answer to this question is a big fat no. It’s a common trope amongst the Occupy Wall Street crowd that the rich are able to get away without paying taxes but it’s a myth. The fact is that the so called 1% do indeed pay taxes and many (though not all) pay a very high percentage of their income in taxes. But there are people who do pay zero taxes, just not those you think. The Difference between the Merely Rich and the Ultra-Rich Let’s start by pointing out that there are a … Read More >