The Long Weekend
Written by: Steve Cordasco
With interest rates below the rate of inflation the affluent are faced with the prospect of wealth diminishment through inflation or taking investment risks that are uncomfortable for many. Whether we raise the debt ceiling is somewhat less relevant to the larger issue of money being created rather than earned to fund the promises of this generation. We start the new year cautiously earning cash flow from investments we believe prudent for the environment we see. Money is not made or protected by being optimistic or pessimistic. It is made and protected by planning and strategy so the country can go to war over the debt ceiling without you being made a refugee.This article was written by an independent contributor, separate from TheStreet's regular news coverage.