- Howie Town
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- Deep Investing Thoughts...Hoard is the NEW Spend
Deep Investing Thoughts...Hoard is the NEW Spend
I have been selling since the day I was born. I am not a good teacher, but I have learned a few things.
I know my comfort zone.
I love selling high risk.
It’s easy….
‘(Insert name here)…you are going to lose all your money.’
I have sold the whole spectrum of risk while raising money the last 20 years. While not the most scalable risk sale in the spectrum, high risk is the only one that can pleasantly surprise my investors.
The problem our country has for the forseeable future is trust. If you are selling anything other than big mattresses to stash cash, you might as well be selling hope and high risk.
If our government were to just print money and had it back to any SANE person (insert snark here) and say – ‘Sorry you were f%&*ked over by AIG, Lehman, Goldman, Equifax, Washington Mutual, (Insert Corporation Here), your parents…. – here is your money back’, those people would not rush out and make the same investments over again. They would hoard the cash.
If you believe that a six month rally will change it, you are mistaken. The rally may continue, but fewer people will participate.
It will take many years for trust to come back at the lower risk spectrum of the investment market. If you are selling anything guaranteed or low risk, you will be spinning your wheels.
For the economy to crank, we need both ends of the risk spectrum to be firing.
High taxes are the only thing that will kill the American love for the risk end of the spectrum, but time is the only thing that will cure the other end of the spectrum.
My gut says our leaders our poised to take away the only end of the spectrum that is actually working.
That’s why Hoard is the new Spend no matter what the talking heads and leaders are selling you.
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