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They’re calling it a billionaire wealth tax, but the number has already dropped to fifty million dollars. If you think this stops there, you haven’t been paying attention to how government works.
Crypto was supposed to be the ultimate escape from government interference, central banks, and bailouts. Now I’m watching the same political insiders who run the financial system wrap their hands around Bitcoin, and I have to ask: are we heading toward a Bitcoin stabilization fund?
The mainstream financial media has been bought, and I’m not going to pretend otherwise. If you’re still relying on CNBC or Fox Business to guide your financial decisions, you’re playing a rigged game.
Building wealth without knowing how to live well is like buying a Ferrari and never leaving the garage. After decades of working with clients across every income level, I have seen this pattern destroy more happiness than any bear market ever could.
When the most powerful political family in America starts minting their own digital currency and selling it to supporters, we have a serious problem. I have been warning people about financial scams for decades, and what the Trump family has done with cryptocurrency in this second term is unlike anything I have seen before.
Every week I get pitched another retirement book, another guru with a system, another magic date to organize your entire life around. I’m here to tell you that approach is not just boring, it’s limiting.
Charlie Munger had a phrase for the things most likely to destroy your financial life: liquor, ladies, and leverage. Right now, leverage is the one quietly building a trap that millions of retail investors are walking straight into.
If your investment advisor’s firm was recently acquired by private equity, your account may already be getting a different level of service than you signed up for. Here is what is happening, why it matters, and what smaller investors need to watch out for right now.