Gold is Not a Safe Haven – Don’t Be Fooled.


It’s indeed a shining moment. Oh, not for you. For them.

The gold bugs.

gold bug

The zealots who over the last three years have been advising investors to purchase gold. They’ve been correct for roughly two weeks. There’s been a stealth bounce in gold prices.

Frankly, gold investors appear to be in a perpetual frenzy. Pundits who preach gold are steadfast in their conviction, recommending gold no matter how low it goes. Sooner or later, they were destined to be right.

Well, here is their moment in the golden sun (for now:)

It turns out gold is relatively risky in terms of standard deviation (a measure of risk), and the largest negative returns of gold are close to the ones of stocks. Per the author “gold is generally not a safe haven for bonds in any market. Gold only functions as a safe haven for a limited time, around 15 trading days.”

Now, we’re not saying gold can’t outperform for periods. We just don’t want you to fall for the impression that the metal is some sort of hard-commodity Snuggie, or offers protection for the long term.

The lives of your investments, the heart of them, are designed to be warm and connected — to sales, to services, products, countries. What is gold connected to? Nothing. You can’t even use it to purchase toothpaste. I tried.

Once I attempted to pay for a subscription to a gold newsletter with gold. I created mass confusion. Enough for an operator to disconnect me. Before rudely dismissed, I was notified by a manager that the writers of this monthly periodical (very popular) would happily accept any of my major credit cards. Or a personal check. Which of course, is backed by the dollar balance in my bank account. Not gold.

Remember: Gold newsletter marketers bank dollars (not gold). Some prey on your fear and paranoia.

Gold’s relevance ebbs and flows based on our fear of the unknown or circumstances beyond our control. How did something of the earth become a store of wealth? Why not apples? At least you can eat apples. If the end of the world does come, you’ll seek apples over rock.

In the apocalyptic science fiction movie “The Book of Eli,” Denzel Washington’s character uses Wet Wipes as a medium of exchange. I’d even take them over gold. Our dollars aren’t going away as a medium of exchange and will be backed by the full faith and credit of the U.S. government. We are not returning to a gold standard as much as Rand Paul would like to think.

Following a doomsday scenario, think of it this way: If gold is winning, then for the most part, you are losing. So pray it continues to be a lousy long-term investment. If gold is rising, most of everything else you own is falling. Not good. It’s in your best interest that gold fails.

There does not exist an academic study nor empirical data which proves gold as an effective inflation hedge. None. The pattern is random at best. Again, owning gold may provide a level of emotional comfort. That’s fine. More often gold prospers when there is instability or lack of confidence in a fiat currency. Could be inflation, also deflation. Regardless, the relationship to inflation or the dollar, is random at best:

Gold is portfolio protection — you’ve heard that one. The message is pervasive on television and radio. No. It has been and continues to be plain old U.S. Treasury securities. Want real diversification or protection? Cash and U.S. bonds do the job:

So you still want to own gold? If you must, keep your allocation limited to 5% of invested assets. There are several methods to consider. Obviously, you may own the medal directly — jewelry, coins, bars. You can investigate gold prices through

The more efficient and liquid methods are through low-cost exchange-traded funds like SPDR Gold Shares GLD, -0.32%   or no-load mutual funds. The Vanguard Precious Metals and Mining Fund, VGPMX, -1.45%   which is inclusive of other precious metals in addition to miners, has an expense ratio of .29%. Regardless, you’ll require tremendous patience as an investor in this category. Be prepared for long periods of under- as well as over-performance.

True wealth comes from achieving more household cash inflow vs. outflow, combining assets that diversify, managing portfolio risk by preserving capital through market drawdowns, and managing emotions through good and bad market cycles.

Performance of gold compared with the S&P 500 SPX, -1.53% :

Richard M. Rosso is a senior financial adviser with Clarity Financial in Houston. Lance Roberts is a general partner and CEO of STA Wealth Management in Houston.


World War C (Campy): Zombieland Rules to Survive By.

I just read about Max Brooks, the writer of “World War Z” and son of Mel Brooks and Anne B. The fascination with zombies never ceases. It’s been with me since 1973. Every now and then I can feel a  rotting biter close by.

I never miss an opportunity to see the living dead: Return of them, Day of, Dawn, Shaun, a couple of “Night” remakes and ostensibly, the comedic genius of Zombieland.

As I’ve been watching Zombieland lately, I realize how incredibly clever this movie remains, although like Max Brooks and other “zombie zealots” I do not dig nor do I want to believe in, the fast zombies. The ones who can run faster than me scare me the most. Zombieland is four years old and the wit is timeless.

Years ago, I created several rules of my own to survive a zombie holocaust. Little did
I know we all would find credible guidelines in action on the big screen. I should have
turned my love for those decaying creatures into something lucrative a long time ago but no,

I wanted to work with money.

That’s such zombie thinking! This zombie biz brings in like $6 billion a year. Not too shabby for rotting, maggot-infested moving corpses.


The character Columbus in Zombieland was always prepared. He was a meticulous planner.

A young man I respect. A geek for bleak times. A man-boy I’d be honored to travel alongside on blighted, zombie-infested highways. Why? Because not only was Columbus (nicknamed after his hometown, Columbus, Ohio), smart. He was funny. He was a fatalist with a passion to get laid, he had an irritable bowel (been there). He always accepted the dark, yet underneath was a flame of once was. A desire to live. A desire to see a hot brunette naked. Sigh.

columbus shit

Columbus was so human in zombie-infested world. 

So in honor of you, Columbus and the opening of the movie “World War Z” I present the money rules of Zombieland (which are also worthwhile to consider while some of us prepare with alacrity for the zombie invasion. Apocalypse overused lately):

Rule #1 Cardio: The new breed of zombies doesn’t saunter (thank director Zack Snyder who brought back speed from the dead with his respectable remake of Dawn of the Dead). They run. Fast. You must stay in tip-top shape to survive in Zombieland. If you’re overweight in Zombieland, well, you’re done. Just done. 

fat zombieland

Take note of the humor of Zombieland as soon-to-be chubby victim is chased by zombie stripper with dollars secured in panties! Brilliant. So brilliant. Love you guys. 

Saving money takes incredible endurance. Your ability to save is going to take some sweat (and blood, possibly tears). To compensate for lower future investment returns, your  savings discipline will need to be robust for another decade. And as long as you’re attempting to be steps ahead of the “running” dead, aerobic exercise is just plain good for you.

Based on credible studies you’ll need to command a pot of money in excess of $250,000 in today’s dollars to fund healthcare costs in retirement.And we’re not even talking how much you’ll need if you spend three years drooling all over yourself in a swanky assisted care facility.

Why not work harder now to combat high healthcare expenses later? Preventative action through exercise and a clean diet will pay off regardless of whether a zombie rising occurs or not. So..



Rule #2 Double Tap: In Zombieland, this is the “insurance” rule; one shot usually isn’t enough to kill a zombie. Be on the safe side and insure the dead is dead by taking a second shot. Contact your insurance company and double-check coverage especially home and auto to make certain you’re covered in case of disaster. Check out the insurance hub at Information about homeowners and auto insurance can be found at, the Insurance Information Institute.

Investigate an umbrella insurance policy which is an extra layer of protection against lawsuits resulting from damage to someone else’s property or injuries in case of accident. It can also protect you from false claims such as libel and slander. For roughly $400 annually, the coverage is downright cheap and worth a look. Think of it as extra bullets. And in Zombieland, you can never have enough bullets.

Rule #3 Beware of Bathrooms: Ok – a tough one you think, however this is really an overarching statement about being stuck in an awkward position at the worst possible time. You don’t want to be caught on the bowl when the living dead target you!

Don’t get caught with your pants down when emergencies arise. Make sure to maintain
six months of living expenses in a savings or money market account. Just as I always wear a belt so it’s tougher to get the pants down, I recommend six months as a bare minimum to be safe.

Three months of emergency savings as a rule, is a financial zombie that must be shot in the head. There still remains a good chance that your new job will pay less than the one you lost, so an adequate buffer is mandatory.

Rule #4 Seatbelts: Taking creative routes, stopping short, driving fast? It’s all normal in Zombieland and occasionally in Financialworld too. When it comes to investing, your
emotions are driven by fear and greed. They’ll take you on a breathtaking ride more often than you think.

Successful investors learn to manage their emotions. In disciplined doses you must be strong and sell into greed and buy into fear. The seatbelts of rules and disciplines will keep you secured.

As Zombieland’s Chairman Ben Bernanke roils every asset market, you just don’t feel safe. Gold is a shit storm, bonds are down, stocks are down. Cash appears to be the only automatic weapon with endless bullets available.

During these times in markets you feel like you’re standing in a parking lot. Naked. Coated in BBQ sauce. Holding a sign above your head that spells out “EAT ME.” Oh, and you’re screaming at a hoard of zombies to come and get it.

Sit with your financial pro now. Or find one who can help you outline specific portfolio buy and sell guidelines and master the greatest enemy of investment returns – YOUR BRAIN. And zombies LOVE BRAINS!

zombies eat brains

Rule #5 Travel Light: Zombies seemingly pop up anywhere-they’re eerily stealth. In Zombieland you don’t want to be lugging all kinds of junk when you need to be nimble at all times.

When it comes to money be sensitive to investment, credit and insurance expenses. Make certain to read the fine print and realize all choices have expenses. The key to success is to know what you’re getting for the hard-earned money you spend or invest.

For example, term life insurance is a lot cheaper than variable life; maintaining or using a credit card is convenient however realize you’ll pay on average 16% interest for the luxury. Fair and lighter fees mean more money in your pocket over the long term.

Rule #6 Don’t (DO) Be a Hero: Columbus eventually realized that sometimes you need to be a hero in Zombieland. Be sensitive enough to know yourself and realize when you must admit a mistake, change a rule and move on. It’s never too late to change a bad behavior.

According to several academic behavioral finance studies, most investors will hold on to
losing investments way too long and sell winners too quickly. Men especially have a difficult time admitting mistakes and changing strategies. Being close-minded to new ideas or holding on to losing investments until they “return from the dead,” is a sure fire path to bloody future returns.

Rule #7 Limber Up: Before working through an unchartered or questionable area it’s best to warm up. In Zombieland a pulled muscle can slow you down and before you know it you’re on the menu!

People I meet and many I talk with are seeking some form of investment to get them rich quick. It all sounds exciting but getting rich quick is a sexy fairy tale destined to pull the money muscle right out from under you. There is no excuse for homework and discipline. If you dig deep enough into get-rich quick schemes they’re surprisingly easy to unravel.

Rule #8 When in Doubt Know your Way Out: Perhaps one of Columbus’ best. You must have an exit strategy when entering a building in Zombieland. Precious time can be wasted by surprises or attempting to unblock an exit.

Know your rules of exit before you own any investment. Individuals should check their
investments at least semi-annually as they ebb, flow and change and occasionally not for the better.

It’s important to also make certain your beneficiaries are updated on company retirement plans, IRAs and life insurance policies to make certain those you don’t desire to receive the assets, are removed. You wouldn’t believe how common it is for ex-spouses to be unintentional recipients of assets you meant for others. And this shit is ironclad. Once you die, the wrong people will receive your money.

Rule #9 The Buddy System: It’s crucial for a friend to have your back to clear an area or help you out of a sticky undead situation. There’s nothing wrong with having another set of eyes to help you review your financial situation as long as the person is qualified, objective and has your best interest in mind. Heck, as long as the person you confide in has your back it’s worth gaining an opinion, right?

Oh, and if you do hire a professional it’s important to understand how they receive payment and divulge any conflicts of interest up front. Ask the critical question: “How do you get paid?” You want specifics.

Rule #10 Check the Back Seat: Heck, it’s necessary to do this whether the living or dead are hiding back there! Your financial situation must be able to withstand unwelcomed surprises.

A disability can devastate a financial plan, even if it’s short term in nature. Do not overlook the need for disability insurance coverage; don’t be tempted to play the odds. Most companies will provide short and long-term disability coverage as part of a benefits package. Consult your current insurance professional and secure coverage as
soon as possible.

Random Thoughts:

I write a lot. I keep a red Moleskine notebook with me all times. Yesterday, I wrote,spilled out the answers to these five questions. Happy to share them with you. Because at the end of the world, you want to make sure you have your shit in order emotionally. No regrets.

Here we go. But before we do that..One more Zombieland photo:

zombie clown

God I hate clowns. Zombie clowns? I can’t even go there.

1). Who would you say “I love you” to first in case zombies rained down on your neighborhood? My girl Haley. So why wait?  If you love someone tell them. Today. Now. Wake them up. They’ll be pissed off but do it. A zombie drop is scheduled in your vicinity, within the hour.

2) What would you take with you in case you needed to leave in a hurry? I keep with me an old letter. Almost 20 years old. It was written about my dying dad. From his doctor at the time. It explained how amazed this doc was at my dad’s mental ability to fight the cancer eating him alive at the time. “I never had a patient fight for life like this. I am in awe of him.” I’m thinking I would need to read this frayed note. Many times.

3). If you had to pick a female to be stuck with during the World War Z, who would it be? Hands down – Maria Molina from Fox News. I’m not even going to discuss or argue with you over this. It is what it is.

maria molina three


4). What are you grateful for in the present? Like it’s one year into Zombieland, you’re behind a barricade. What are you missing? I’m missing the smell of cinnamon, conversation with several close friends, anything written by James Altucher, a triple-cheeseburger from Red Robin. Live in the now. Step back and consider the texture, smell, presence of what/who you appreciate. I think I’ll have a milkshake today.

5). What would be your last words in the case (it’s inevitable) you become a buffet item at a zombie Golden Corral? I was thinking something funny like “I hope you die from all the fat you’re eating,” or just an “oh shit!” I need to work on this one. What would be your last words if you knew you were going to die today? The words you use will shape the reasons you’re still alive.

You’re not dead.

You’re not zombie chow.

Act every day like the dead are coming and you’ll live more than ever before.

zombie lady

Gold Is a Rock – James Altucher. And Continues to Be – Rich Rosso

I had lunch with a smartie last year.

A smart, giving, beautiful, industrious young woman with the entire world at her feet had something important on her mind. I attempt to solve the world’s problems in Truluck’s main dining room. Her world’s problems were my problems. I knew she’d pass on what I tell her to others.

“I’m thinking of selling my regular investments and putting all the money into gold.”


Now, I’ve heard this commentary so many times already it’s almost like my earwax is made of a precious metal. I don’t even know why I sought an answer. I could have guessed what she was going to say and I would have been right. I respect this young lady so much so I was prone to listening. My curiosity got the best of me. The answer was what I usually hear.

Because I’m afraid,” she said.

“What are you afraid of?”

Again, I would have been shocked to hear anything new but I always keep an open mind.
Taking a mental bullet to gain knowledge should be part of your game plan. It’s how I roll.

atom bomb Gold is at home here.

“Feast, famine, life, death, the dollar, the national debt, war, earthquake, Obama, congress,jobs, inflation, deflation, interest rates, certainty over uncertainty, death, recession, depression, global annihilation, the Olson Twins weight problems.”

Gold had become “mother investor’s little helper” there for a while. Like a decade.

Until. Said mother decided to detox.

Admittedly, gold and other metals have kicked the ass out of other avenues for money.
The greatest concern today is how to gain perspective as many are now fully enmeshed in the emotional whirlwind called “recency” bias. Gold has blossomed into a recency bias monster but now the monster is bleeding. And we’ll try to convince ourselves the bleeding is temporary, or is it? I’m not smart enough to know. I’ll take being lucky and unemotional at this stage.

It went from Godzilla to Mothra real quick. Or did it? Were there signs for a period that a faith in paper currency was beginning to re-emerge?

As investors we just can’t detect the changes until something dramatic happens. And as we know, everything is dramatic in stock, metals and bond markets now.

Jason Zweig in his book “Your Money and Your Brain,” writes:

“It is human tendency to estimate probabilities not on the basis of long-term experience
but rather on a handful of the latest outcomes.”

Recency bias dulls senses. It makes humans fuzzy and unaware. Even worse is how it
strokes the flames of overconfidence in the extrapolation of current events way into the

It’s a hideous bitch of deception as it convinces your brain that a recent place will
always be tomorrow’s place. And the day after tomorrow’s place. I’m all for momentum, but one needs to understand when the direction of the wind changes.

The sun will come out tomorrow because it came out today.

Why again? (I ask why and why not, a lot). Don’t ask me why.

Storm clouds can overwhelm the horizon real quick. Have you noticed the weird shit going on with the weather lately?

The Earth is not as maternal as it used to be.

The Washington Monument was cracked due to a rare earthquake.The Washington Monument for God’s sake was CRACKED. This period too shall pass. (Or get worse.)

I have a job today. Tomorrow I will have the same job. This is plain silly to bank on in
today’s economy. Employers won’t even look at you if you’re not currently employed or
“recently” unemployed. After six months you might as well be invisible.

You’re that that valuable either. Companies (especially large, publicly-traded) will do whatever they must to preserve their precious margins and that includes quickly adding you to the unemployment or underemployment stats. This will eventually change too. Well, maybe not.

I’m thinking not. Part time is the new full time. Temporary is the new permanent. And gold is NOT the new medium of exchange.

Read on:

Gold always holds its value. Tis’ is true. Gold has never gone to ZERO in value. Tell me
how you feel though if you purchase it at $1,800 an ounce and it goes to $1,100. You indeed lost value. I know it’s not really a loss unless you sell it. It’s a paper loss. And this will never happen, right? Got it. Now wake up!

We’ve heard it all too many times. Still hearing it: Gold will continue to move higher.


Even if this is possible based on the warranted lack of faith in global leaders, you must remain skeptical when various signs begin to literally throw themselves at you. No investment goes the way you expect it to indefinitely.

I don’t care if it’s stocks, bonds, metals, widgets, antique toys (in original packaging), nothing goes straight up forever. Nothing. And you know what I mean.

For example, back in the 1930’s we were convinced that radio stocks would never falter.

Radio was going to “change the world.”  And it did. And the stock market got bored with it. Been there done that. Ostensibly, what was hot goes cold.

That’s a fact. Remember tech stocks? How you feeling about Apple stock these days?


Yes, Aunt Bev, I know. Buy gold. How about my favorite meatballs did you make them? 

How do you sniff out a top in the shiny stuff (or anything else)?

Random Thoughts:

1). Know the signs from relatives. People stay sharp! Watch for Aunt Beverly calling and demanding you own gold because the world is indeed over or at the minimum, going to hell. People at bingo told her the bible predicts the end of days! Vengeful gods accept gold as a medium of exchange for souls. Didn’t you know? Ok, not that accurate an indicator. But count it as a warning light. Please?

2). You notice consistent bantering about gold in elevators, on escalators. Or on rude, loud cell phone discussions at the supermarket or the movies or in public restrooms. I give you  permission to eavesdrop on conversations. Listen carefully for bloviating. We all know privacy died a long time ago. Loud bragging about an investment is a bad, bad sign. Money loss is imminent.

Once you begin to overhear more about gold than the latest sexcapades on an episode
of Real Housewives of Whatever, demand Aunt Bev sell immediately! Trust me. She
can buy back if I’m wrong. Feel free to send me an e-mail calling me an asshole
(only if I’m wrong please). Have mercy. Something tells me she’ll still make your favorite
meal when you visit (have a friend take a bite first just to be sure.)

3). Metal detector sales are through the roof. It’s the latest, greatest craze! Now more popular than pretty girls selling their alleged used panties on eBay (not allowed anymore so don’t get any ideas). Top global retailers of such equipment are experiencing a revolutionary boom in volume. Minelab, a company out of Australia that sells high-end metal detectors (about $5,600 each, not a typo) moved $118 million worth in 2010. That’s more than twice the sales numbers achieved in 2009. In 2012, gross revenues for metal detection products was strong but beginning to tail off from the peak in 2010.

You’ve lost a spouse, significant other, or friend to metal detecting. If I’m out $5,600 not including shipping and handling you can bet I’m not getting naked with anyone anytime soon. I’m planning to be feverishly obsessed with uncovering precious jewelry you lost on the beach. Probably best you move on. I’m busy. This did happen to a female friend I know in 2011. She’s much happier now.

4). More people are wearing apparel professing their love of gold. I don’t care if it’s a hat, t-shirt, dress, doggie shirt, whatever. It’s a sure warning sign of a top. No need to explain further.

golden showers oops, wrong shirt. 

According to, a comprehensive authority on all things Elvis, the King
wore a gold lamé suit for a performance in March 1957.

At the International Amphitheater in Chicago.

The suit was designed by famous clothing artist to the country stars, Nudie
Cohn. Yes, Nudie (go ahead and laugh, it’s fine).

In 1957, gold was $34.95 per troy ounce.

A decade later in 1967 (Elvis was making embarrassing movies singing to racing cars by then) gold was $34.95 per troy ounce.

Is it a coincidence that you made zilch in gold for ten years? Maybe. Maybe not.  Respect history because we do the same stupid things over and over again.

elvis and nudie Elvis and Nudie Cohn.

4). Gold-related kiosks begin popping up in interesting or unusual places. You probably noticed more of them in your nearby mall. Oh and watch out for the gold bar vending machines and gold ATMs. They already exist overseas. And you’ve seen and heard the commercials, so many advertisements to buy gold.

5). You’re beginning to believe the stories how gold always goes up in recessions and depressions. Dr. Robert Prechter, author, financial analyst and founder of Elliot Wave International dulls the shine from this story using historical data. Excerpts from his research that appear in his E-book “Robert Prechter on Gold & Silver” are below.

In 1970, investors lost interest in stocks and preferred owning gold instead. For a period of ten years.

The same sentiment occurred again in 2001. We’re never really that different are we?

In most recessions, gold has been flat or negative in return. The recessions in 1973 and
2001 were good for gold. Only two out of eleven recessions were beneficial for gold.
Ten-year U.S. Treasury notes beat gold during every recession since 1945. T-note provided a capital gain in ten of the eleven recessions and also paid interest. The average
total return in Treasury notes per recession is a full 10 percent, beating both stocks
and gold.

5). Forty year-old nerds who live at home with their parents start blogs about gold.They’re out there. I’ve read them. They are plentiful. Nothing against nerds or blogs, I love both but there are way too many nerds on the same side of the argument.It’s what’s called on Wall Street, “a crowded trade.” It’s like a boat with everyone fishing off the same side. By then the game is about to change.

I’ve been asked my opinion on at least 50 gold blogs in 2010 and 2011 and it went real quiet in 2012. I know for a fact that a majority of those I purveyed are written by unemployed loners who live in their parents’ basements. If they own CB radios I envy them. I envy them a lot.

6). Gold can be hoarded, confiscated (it’s happened already), can’t be valued as an investment (although some get real creative), and doesn’t pay a dividend. You can only make money if you sell it. If you truly have a sell discipline for metal or anything else you own including investments, you’re in the top .1% club as most investors are notoriously lousy at selling or trimming anything of value.

If gold can be hoarded that means you can’t access it. If it backs a paper currency and
it’s hoarded by the few, that means you will have less money to spend on what you
want and need. Governments can come break down your door (figuratively but don’t
test them) and take your gold away which means you should begin investigating an adequate burial place like under a tree. Watch “Shawshank Redemption,” for guidance.

Gold pays you nothing along the way. No income.

You can redeem for liquidity but human nature tells me you’ll wait for a top or at least what you perceive as a top and wind up selling in a panic as it heads lower.

Believe me. You will. We all do it. Money managers are especially guilty.

Gold can’t be valued to indicate whether it’s cheap or expensive. Valuation is based on
fear and uncertainty. Measuring based on those metrics is anybody’s guess.

As master mentor James Altucher said on a segment of CNBC’s “Fast Money,”

“Gold is a rock.” Genius.

If your paper currency, whatever it is, say U.S. dollars, gets stronger, gold and other metals will indeed drop like rocks and dent your net worth. Big dent.


Notice how when dollar is strong UUP), gold is weak. Just keeping it real, here as I abhor charts.

7). You can’t use gold to buy toothpaste. Or anything else. I tried. I was tossed out of Walgreen’s. So those people telling you it’s a “currency” are wrong. I called to subscribe to a newsletter about gold and wanted to pay in gold. The operator and her “manager” told me they won’t accept gold to pay for the newsletter on gold.

8). It’s ok to hold some gold. Or other metals as part of a diversified portfolio. Two to five percent will work. And take your time. Examine GLD and IAU, the exchange-traded funds which actually hold gold bullion.

9). Expect “flash crashes.” In everything. Precipitous, explainable moves in asset prices higher or lower. Thank the Fed for what I call “freakish asset flows” as money strives to seek returns or rapidly avoid losses thus herding and creating big returns (or losses).

We like tangible things. Stuff we can touch and feel. I can intimately caress  my house until the cops get called and take me away for indecent exposure. It doesn’t mean my home is increasing in value. Or that it’s an investment.

A house is wood, concrete, dust (sometimes a rabid raccoon in the attic – true story) and gold is indeed, a rock.

If you remember it.

You’ll be better off.

And richer for it.