How to Invest Carefully for Mom

Photo Credit: stewit

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Just a note before I begin. My piece called “Where Money Goes to Die” was an abnormal piece for me, and it received abnormal attention. The responses came in many languages aside from English, including Spanish, Turkish and Russian. It was interesting to note the level of distortion of my positions among those writing articles. That was less true of writing responses here.

My main point is this: if something either has no value or can’t be valued, it can’t be an investment. Speculations that have strong upward price momentum, like penny stocks during a promotion, are dangerous to speculate in. Howard Marks, Jamie Dimon and Ray Dalio seem to agree with that. That’s all.

Now for Q&A:

Greetings and salutations. ]]>🙂