Six ways to invest like a crazy person

Intelligent Investor

Independent Financial Research

Let’s take a trip to crazy town, shall we, and imagine that you want to guarantee yourself a place among the poorest retirees. If you did want to blow up your money as quickly as possible and ensure that your future investments fail, what would be the most efficient way to do it? 1. Don’t save. You’re never going to reach the poverty line if more money is coming in than going out. The trick is to overspend, and – better yet – use credit cards. Visit the casino as often as possible, and remember: having a financial plan or budget is for wimps. Just wing it from here. 2. Don’t buy productive assets. Ok, so you accidentally accumulate some savings. Now what? Leave it all in cash – inflation will ensure that it’s worth a little less each year. Don’t shop around for low fees, and avoid high-interest online savings accounts. Who wants that bonus interest anyway? Ready full article here: (VIEW LINK)


Intelligent Investor
Independent Financial Research

Intelligent Investor is an independent financial research service with a 14-year history of beating the market. Our value investing approach empowers Australians to make more informed decisions to build their long-term wealth. We off structural...

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