Money is a funny thing.
It doesn’t smell good, it doesn’t taste good and it is dirty; but everybody is madly in love with it and some people will not hesitate to kill for it.
But once they get it, they are not really sure what to do with it.
For money, if not properly nurtured will evaporate like water on a hot rock.
In order to bear fruits, money needs to be transplanted into a fertile environment and carefully looked after.
And for this, you need a specialist because the average Joe knows absolutely nothing about growing this kind of potatoes.
Invest in stocks, invest in bonds your friends will tell you… but what kinds of animals are those, and how reliable are they?
The answer: they are totally unreliable!
These animals have a mind of their own and like a skittish herd of buffaloes they can panic, stampede and fall off a cliff.
The money agribusiness has become (on purpose I believe) extremely complicated and very few people (even bankers) understand fully how it works.
The average guy therefore, if he comes across some serious money, has no choice but to put himself in the hands of a financial handler… and buy a prayer rug.
Because there are no guarantees says the moneyman. You can make money, but you can also lose your shirt.
Always nice to hear…
You have to trust the moneyman, even when knowing very little about him.
It is almost like giving your savings to a guy you met in a strip joint.
Once the financial institution has swallowed and digested your hard-earned moola, you receive monthly statements.
They are very long, very detailed and almost totally incomprehensible.
It is difficult to figure out if you are making or if you are losing money, because things are never what they seem.
You can have money on paper but if you try to cash it, things might be different.
Don’t ask me why.
“Money is like manure; you need to spread it around or it smells.” J. Paul Getty
I didn’t want my bedroom to stink so I took my money from under my mattress and wheeled it to a bank.
I have a “diversified” (sounds reassuring) portfolio to prevent catastrophes, but once in a while, after perusing a statement I wonder if my ship’s watertight compartments are tight enough and if there are enough life jackets aboard to accommodate all the passengers.
The captain said so, but what else would he say?
Alain