All Star Economic News

[al44]

Good sound advice, naturally. I think there is an assumption there of being virtually debt free in the first place. I have no debt myself, nor do I use margin. I am also investing every spare dollar I can afford right now, and have been for a long time. My vehicle of choice is silver. I also like Canroyals for the Canadian play as well as the monthly dividends that at some of these stock prices are well over 20% yearly returns. Not bad for today's market. I also have some speculative investments and will not put any more funds into it for now. I like the silver because if the system does break down ( I consider it a possibility) my silver coin is tradable when people will be literally burning dollars to stay warm as in Germany circa 1930's. If not the inflation we will face when all these trillions of digital dollars floating around become monetized will propel precious metals parabolically. I don't do currencies and the only foreign market I like is Canada. It's more due to ignorance and lack of knowledge and understanding than anything else. If I wanted to pklay those things I would seek a mutual fund. Cash will be king until the day everyone has more than they need and no one wants it anymore.

........al