Here’s a great web site I found that you will want to check out.  It’s the US Debt Clock.  It’s real time so as you watch it you see how much we are adding to the budget deficit every second. It’s fascinating to watch, and you will see how fast we are spending dollars into [...]

  I first started investing in silver in 1980 and have been involved with it off and on since then.  That has given me some sense of market history about the metal. And one of the things I will tell you is that the price can be quite volatile.  In my personal history with it, [...]

There are many doom and gloom scenarios about the breakdown of economic society.  I recently read a great book on one that described what would happen if there was a high altitude nuclear event.  This would cause what is known as an Electromagnetic Pulse Event. So what it would that do?  It would disrupt electrical [...]

Some people buy silver as a protection against a serious breakdown in the economy. While I take a moderate stand on this, there is a whole range of survivalist attitudes out there ranging from putting away a certain amount of emergency stores all the way through people running weekend, end of the world exercises dressed [...]

I mention in an earlier post that you can start investing in silver for just three dollars by buying Mercury dimes – actually any dimes minted before 1965 including the Roosevelt dimes – see http://livelearnandprosper.com/start-investing-for-one-thin-dime. There are many practical reasons to invest in these junk silver coins.  One is that they are universally recognized because [...]

Here’s a simple, fun and cheap way to start investing.  And while there are no guarantees, there are many indications this investment could go up 100%, 200% or more over the next few years. I’m talking about dimes.  But they have to have been minted before 1965.  They contain 90% silver.  And silver, as I [...]

When selling stock options the odds are that you will win about 80% of the time. What do I mean by winning exactly? Well, for example, let’s say you own 100 shares of Microsoft stock.  It’s $31.99 a share right now and you sell someone an option to buy your 100 shares for $33 anytime [...]

We know this fact – that people who buy stock options lose their money 80% of the time because their stock options expire worthless.  They ran out of time. So it’s not a great leap to figure out that the people who sell them those options win 80% of the time.  They get to keep [...]

Yesterday I had the most surprising experience after work – and it was a good surprise. I’d left my car to have the air conditioning repaired.  Air conditioning is pretty much a requirement in Orlando.  And the initial estimate for the repair was $1384.  And you know how those things go, don’t you. They always [...]

So here’s an interesting fact for you about stock options.  We know that when people buy options, 80% of the time they expire worthless and they lose their money.  That leads to one of two thoughts. First thought — let’s just not buy options, because they seem to be a bad odds proposition.  That’s not [...]