cognitive dissonance take hold in your thoughts. And what popular financial advice "is"...is the personification of CD.
Some of the dumbest people I have ever met were "financial planners"...mere sock puppets for the financial machine, which lives upon the stupidity of the masses, believing the swill told to them by their "educators" and bosses. These are the people, the one's peddling advice, who if placed in a trading room before the bell and told to make money, would be out of money by lunch time. But oh they understand and sell tax avoidance like designer holy water peddlers in Rome.
As you know, debt is the monster, never to be petted and that you have kicked him out into the cold is great. Never unbar the door again.
As to making a "return" in the present day...and without being one who will return to his trading desk after lunch...with capital to put to work...think capital preservation...not return on investment...from here on out.
Presently, that seems to be hard assets that will be in demand in hard times.
Wha? .....hey....who stole my country?
Want DP delivered to your inbox daily? Subscribe here: