I am a card-carrying Gen-Xer. In other words, I'm lazy. So if there's a way to make some good money with minimal effort, I'm there.
Don't get me wrong, I'm gainfully employed. In fact, I am fortunate enough to make a decent living doing what I love (programming)...and I end up with a good amount of disposable cash at the end of the month. But I'm not good at saving (for many reasons), and I fear investing, so I'll jump at something that seems a sure deal with a positive long-term outlook.
That's why I got into the "Rich Dad, Poor Dad" fad several years ago. I studied real estate investing, bought books, went to seminars...and then found out that Kiyosaki is a fraud and his advice is suspect at best.
Now I've read the book CrashProof by Peter Schiff (after seeing him on The Daily Show), and I've fallen for it. For those who don't know, Schiff claims that the USA is on the verge of an inevitable economic collapse that will resemble the Great Depression if we're lucky. Maybe his predictions are exaggerated, but I believe him because his views are in line with what I was taught about economics in school. He follows sound, traditional principles.
That doesn't make him right, but I need to start saving money. At 35, I desperately need to start in making long-term investments...but I also have a little bit of time for trial and error. If Schiff is right, overseas/international investment is the way to go. So I'm going to give it a shot.
This is my story.
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