Blog Category: Investing

I hate writing about finance. The most violent, ugly people in the world work in the traditional finance industry. I write something and instead of responding with a well-reasoned argument, they write things like “James Altucher is a wacko” or “James Altucher is a scumbag”. I’ve written for or appeared on the Wall St Journal, […]

People have called me a “perma-bull” forever. Mish Shedlock called me a “wacko”. Zerohedge has called me insane. Nouriel Roubini has laughed in my face. My daughters still quote Don Luskin when he was on CNBC shaking his head and saying, “James, James, James…” while laughing after I said the market was going to hit […]

I managed to totally screw things up for myself at the ages of 20, 22, 24, 29, 33, 37, and 40 so I decided to write everything I know about so-called “personal finance”. The words personal finance are a total scam but I’ll save that for another time. Let’s just say, this is about how to build wealth and preserve your wealth.

In the history of capitalism, this is the hardest time ever to invest. People are going broke, losing their jobs, and fear more than greed rules the news and tries to rule thoughts. In short: people are scared. And I do think the uncertainty is going to rise quickly so I wanted to put this […]

I was a day trader for many years, and it almost killed me. I made money by making profits on my own money and also taking a percentage of the profits for the people I traded for. I traded up to $40 million or $50 million a day at my peak. I did this from […]

I hate buying houses. I don’t “hate” many things. But I’ve lost millions of dollars buying houses. The stress is unbearable when you need to sell. And you have no money when you need it. It’s a prison. The white picket fence is the prison bars. The bank is the guards looking in. And the […]