For decades, Kathy Ireland has been portrayed as the image of pure success, a celebrity swimsuit model turned business mogul who turned one form of success into another, more lasting one. And, like most “success” stories, it not only turned out to be fake, but downright fraudulent....
.....If you are so fortunate as to acquire or inherit wealth, manage it yourself. There will be no shortage of people telling you that they can relieve you of the burden of it and make you even wealthier while allowing you to focus on what you do best, but the reality is that they will use it to secure themselves a comfortable living on the basis of fees that get charged whether they increase or decrease what they are managing.
This, of course, is why both the wealth managers and the corporations in which they are invested are now seeking to be backstopped by the various national governments, because their whole unproductive house of cards is on the verge of collapsing again.
If you want to get rich without doing anything productive, content yourself with betting on sports. At least then you’ll know when you lose, before you’ve lost everything.