Posts Tagged ‘bitcoin’

Never Buy Gold

Never Buy Gold

By The Banker | Blog Posts, How Not To Invest, Investing, Personal Finance, Texas, Wall Street

A significant portion of the Financial Infotainment Industrial Complex dedicates itself to selling you gold, as an investment. Resist. I have already written about the three other horsemen of your personal financial apocalypse: variable annuities, times shares, and bitcoins. The commonality of these four horseman is that they are sold to credible people as “investments” […]

Never Buy A Time Share

Never Buy A Time Share

By The Banker | Blog Posts, How Not To Invest, Personal Finance, Texas

Oh time share, time share! How do I hate thee? Let me count the ways. I hate the way you are sold. I hate they way timeshares give the appearance of an ‘investment,’ when they are in fact the opposite of an investment. I hate the way financially distressed people buy you. I’ve previously urged […]

Bitcoin Blockchain and Bullocks

Bitcoin Blockchain and Bullocks

By The Banker | Blog Posts, How Not To Invest, Texas

One of my rules of writing is to ignore journalistic fads. I’ve considered Bitcoin since 2013 to be a complete red herring, a finance-journalism fad that has no bearing on real things, real life, and real people. Technology people – FWIW I am not one of these – have long been excited about Bitcoin, and […]