Article Help: Craziest Financial Advice

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Ideas posted: 9
Posted by: Penelope
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Everyone in the U.S. is suffering under the recession.


Or at least it feels everyone feels like they are suffering.


When there is suffering, there are people willing to give advice.


But so much advice seems like bunk.


In all of the financial advice you ahve ever heard in your life what is the worst advice you have ever heard when it some to money?


This input is for an article I am writing for an online magazine.

Category: Business & Finance
Tags: finance money
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1. Buying gold after the economy is in the crapper and gold is at an all time high.

2. Selling to minimize loss. If you're in investments that can't rebound in a 5-10 year time frame it's called gambling not investing.

Oct 7, 2010
Here's a bunch of lying democrats, that have given the worst financial advice in living history. Perhaps the country needs to be reminded of them right now.

http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature;=related

Barney Frank giving awesomely bad financial advice by himself!
http://www.youtube.com/watch?v=u1Mazjm_A5k&NR;=1

There's another one where Barney Frank tells the American people "Going forward it's going to be swell." Right before the market crashes again and lots of people lose their shirts.
http://www.youtube.com/watch?v=M0CxG8oorXQ
Oct 3, 2010
The worst is thinking (or reading)you have to save every dime and not spend something for pleasure.

You NEED to have that moment every once in awhile that gives you a lift and encourages you.

An occasion movie, dinner or an ice cream treat is uplifting and makes the financial stuggle a little easier.

Good luck.
Sep 29, 2010
i remember this friend told me that the best way to solve my financial problem is to borrow money from money lenders who has an interest of about 20 percent a month. The collection is daily. But i can choose not to pay by simply leaving the place that the lender knew where I am leaving. And go to a place where no one knows me. Really wierd!
Sep 26, 2010
The craziest is from Bush Administration itself to give everyone in America a stimulus and tell us to go out and spend it to help the economy. Ok shouldn't he of took all that money and just paid off some foreign debt or how about encourage people to pay off their overdue bills so they can free up more of their monthly budget.
Sep 24, 2010
In all of the financial advice you ahve ever heard in your life.
Sep 24, 2010
The worst idea I ever heard is ''How to make money for Free'' it is totally disgusting me.people must be more honest.
Sep 24, 2010
a guy suggested that he had invented a way to play roulette in the casino so i could make millions. It was a way of doubling the money you bet each round, until you win. Actually, that wasn't a way to make money but a way to loose millions in half an hour
Sep 24, 2010
Blogging for money, without a doubt. So many people offer advice about how to make money on the Internet and site this mega-blogger and that uber-tweeter. These success stories took years to build into the monetary income they pull in.
Sep 23, 2010
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