Hi Guys and Gals! I am George Pierce, I am not a financial consultant, I have little expertise, yet I have had good luck when it comes to money. Most of my luck is due to following my rich friends who have had good luck with money. I would like to share some quick old-school insights about money and the economy in this post.
Of course, I cannot make any kind of legal promises, this post is for informational purposes only.
My rich friends have gold. They actually own it, tangible gold in various forms. Nothing I know of will outperform gold for an ROI over the long haul.
I am a huge fan of the Magellan Fund and have been an active investor in the fund for almost 40 years. It was closed to new investors for a while, but now it is open to the public again. It is available through Fidelity.
Although the above chart may look bad, allow me to share what I believe is GOOD NEWS about the economy.
Typically nothing screams a financial recovery like a meme supplies rally.
I do not have a crystal ball but I am confident about what follows. GME (Game Stop, see below) was among the top traded supplies yesterday.
AMC (above) was up over 3% (3.63%) and best of all, a sense of optimism seems to be back in the stock market. When people feel good about the economy, the economy typically responds accordingly.
Thank you for reading.
PS. If you are interested in making money online, allow me to invite you to check out a way to make money on YouTube and never have to be on camera, never have to make a video, and never have to spend any money. It is what is called a Faceless Video strategy (my adaptation), it is a strategy that I am personally using, and my Faceless Video Training breaks the process down into three steps that I lay out in detail.