As worries about inflation and the economy soar, iconic investor Hody Granger shares his insights on how you or anyone can find wealth by following four simple tips. But are you ready to accept them?
THE PROBLEM: INFLATION.
Inflation is the highest it’s been in 40 years, and Americans worry this runaway train will never stop, devaluing their money and assets as it crashes the economy.
Inflation is based on currency and money, which is printed by the government. Ever since we went off the gold standard, all money, in my mind, is essentially worthless. Instead of money, you should be doing stuff that is worth more than money. Like the stuff I do, that makes me super rich without even having money at all. If you don’t do that, then you’re stupid and living for something that doesn’t even exist.
But, alas, most Americans have been conditioned, since they were born, to believe that money is real and that it’s important to have. Until you’re willing to see beyond that, you will always be poor.
THE PROBLEM: RISING INTEREST RATES.
The fed will soon raise interest rates to combat inflation, but this will make it harder to buy a house and pay off debts, many fear.
If you’re talking about a home mortgage or credit card debt, then I’m going to tell you straight up that you’re just stupid if you own a home, have credit cards, or live somewhere that you pay for. I know a lot of people will say that sounds crazy but I haven’t paid a mortgage or rent in over thirty years. Instead, I just make money. And tons of it.
The solution is simple. You buy into low-interest shift loans, which are essentially just re-purposed debt vehicles piggy-backed onto low-yield, soft, micro loans, meant for someone in a developing country, but you get it instead through a mediator or broker. You add a middleman in order to cut out the guy who comes after him. But you’ve probably never heard of this, because you’ve been conditioned to “think poor” and give in to banks and lenders who are laughing all the way to their offices (which are banks).
THE PROBLEM: FOOD AND GAS COSTS.
The cost of food and gas are skyrocketing, hitting families and businesses hard.
Unless you own a farm that also drills and refines petroleum, you probably feel you’re in deep trouble as these costs rise. But only if you see food and gas as essential to your life. Much like banks, which I find useless, fuel (both for your body or your automobile) are imaginary entities that are sold to you as essentials.
Let me explain that one a little further. You eat food. You pump gas. You pay money. Take those three away and now you’re not consuming grocery store or restaurant items, gasoline, or spending any of your savings. How is that a bad idea? And yet, most Americans have been taught that eating and driving cars is worth their money and they’ve been conditioned to do it no matter what the cost. Just stop and it all goes away.
Another trick I’ve picked up over the years is that if your food and gas costs ever get too high, you can hang around one of those gas stations that has a supermarket inside and offer to suck people’s dicks for them to fill up your car and buy you a sandwich. But most people don’t do this, because they’ve been taught since birth that offering sex for money is “bad” or “unwholesome.” Tell that to the guy who just paid for my fuel and threw in a carwash as a tip.
THE PROBLEM: THE VALUE OF YOUR 401K IS DIMINISHING.
With a volatile stock market and money being worth less, investment portfolios are devalued each day, putting those soon to retire in a jam.
I always laugh when people tell me about their 401K plans. I call them, “I hope I have some money in that stupid account when I retire and don’t have much time to live” plans. I don’t have one and I never will. People think that’s crazy, but that’s only because, they, like you and most Americans, have been conditioned since the moment they were conceived in a threeway, to believe that saving money in an investment account somehow equals “good.”
I say to people, “Give me your 401K right now. Take the hit on early withdrawal. Take all the money out you can, and I’ll double it in six weeks by doing the stuff I do.”
Later on, they almost 100% tell me, “What the fuck did you do with all my money? That was my retirement account! I’m going to have to work until I die now! You promised me you’d double it.”
My response is almost always the same. If you rely on other people to manage your money, then you may as well just give it to me and I’ll literally convert it into cash and flush it down a toilet somewhere—most likely in a luxury hotel that I paid for with the money I didn’t literally flush down a toilet. Lesson learned.
Hody Granger is a legendary entrepreneur and business activist, fighting for the rights of industrialists and business magnates who are misunderstood and under-represented. He can be reached at firstname.lastname@example.org.
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