I’ve come to believe that the only one you can trust with your own money is yourself.
I have spent countless hours trying to educate myself on the financial world and the best places to put my hard earned money, even going so far as getting a part-time MBA with finance concentration a few years back. I lost a bundle in the dot com collapse, and I don’t want to repeat it this this debacle.
Many of the “experts” on Wall street are well versed on how to maximize their own personal gain. Many financial advisors are not worth their salt.
It is truly caveat emptor out there.
That being said, Peter Schiff has been right about alot of things and was a proverbial “canary in the coalmine” at the peak of the bubble.
