I talk to a lot of people these days who appear totally delusional due to rising stock prices and this “economic recovery”. They claim that America is back and that things are not as bad as some will make them appear. I’m an optimist, but I am also a realist. 60 Minutes did a piece this evening that puts this all in perspective. The poverty rate for CHILDREN in America is 25%! If this doesn’t open your eyes with regards to the plight of America then nothing will….
Mr. Roche is the Founder and Chief Investment Officer of Discipline Funds.Discipline Funds is a low fee financial advisory firm with a focus on helping people be more disciplined with their finances.
He is also the author of Pragmatic Capitalism: What Every Investor Needs to Understand About Money and Finance, Understanding the Modern Monetary System and Understanding Modern Portfolio Construction.