Investing 102

[GregWeld]

BY THE WAY ----- Bitcoin is trading at $120 this morning....


Last night when I check the "Bitcoin charts" --- which might as well be peering into the sky and counting stars (hahahahahahaha) it was trading at $170.


I don't care one iota about this thing... it's just interesting to watch and perhaps LEARN from it. I hate to see anyone loose out on a great investment - but I really hate to see people just flat ass be stupid.

The whole thing reminds me of guys that go out and buy a clapped out Fred Flintstone car because they can't afford to buy a version of it that actually runs and drives etc..... yet their dream is to build a Ridler car. Dude! Really! If you can't afford to buy a $25K car --- how are you going to turn that $5K car that needs floors - quarters - roof - cowl - chassis... into ANYTHING.


So it's like investing.... we all want to be "rich" (hell - we all want to drive Ridler winners).... but if you're trying to build your nest egg --- is it smarter to gamble it --- or invest in real stuff?