iBankCoin
18 years in Wall Street, left after finding out it was all horseshit. Founder/ Master and Commander: iBankCoin, finance news and commentary from the future.
Joined Nov 10, 2007
19,110 Blog Posts

Stocks Crush Shorts to Top Off a Stupendous Week of Grandeur

The past two years I’ve come to know a lot more about my readership and my suspicions are correct. You’re mostly gambling, dicking around the edges of the earth — tipped over and steeped in complete bullshit — heading towards a resolution you cannot come back from.

I can’t do this shit forever and what will you do when Le Fly isn’t here to direct you?

I’ll tell you what.

A fool and his money will quickly part. If you weren’t born into money, then you’re not supposed to have it and the universe is trying to take it from you. Want a clear cut way to eliminate the generational curse, the affliction of the middle’d class and canaille? Work towards bequeathing large sums of your net worth to your offsprings. It’s a simple enough task.

Afraid of them becoming wastrels?

Structure the trust to be anti-spend thrift over 25 years. Create an investment arm that will outlive you and help finance future generations with your good name. I often see people donating all of their money to asshole charities that do nothing for their legacy or their family name. Why not create a charity that is dedicated towards the betterment of your family?

Not the worst idea.

Into the bell, top pick is gold, via NUGT. I also bought LABU, AMRS and sold a bunch of shit. Just join Exodus already — Jesus Christ.

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6 comments

  1. edge

    If I may. When the time comes we shall start our own webbed sites, and continue the work of saving the world’s unwashed masses from themselves. There is no higher aspiration than to dispense the gift of knowledge to those undeserving of it, and whom will misuse the Gift to their ultimate downfall.
    Then the better men among us may sleep well, knowing that we tried.

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  2. heckler

    Denial of Death, by “The Fly.” You have already achieved immortality, Fly, unless all of your bloggeries get deleted like all of your videos

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  3. heckler

    I’m still long in size. Hoping that last low is the take off point

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  4. me_xman

    Buy high and sell higher.

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  5. donnie wads

    I registered and created an account just to tell you that I love this post so much. I come from a long line afflicted by the generational curse. I married someone who shares the same affliction and seems content to wallow in it. Now, a couple of weeks after my 40th birthday…I steeled my resolve and will fight to change my family tree. Thank you for posting.

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