financial fitness

Fiscally Fit: A Check-Up for Your Financial Fitness

a href=”https://solomonsuccess.com/wp-content/uploads/sites/12/5113408679_3e2360079e_m.jpg”>SolomonSuccess.comFiscally Fit: A check-up for your financial fitness

1) When is the monetary expansion going to cause inflation to hit?
a. Never . . . monetary inflation is a myth
b. By the end of the year, if not sooner
c. By the end of next year, because of lag effects
d. It’s very difficult to tell exactly, but when it starts it will unfold very quickly

Fiscally Fit: A Check-Up for Your Financial Fitness

SolomonSuccess.comFiscally Fit: A check-up for your financial fitness

1. What happens to home values when the replacement costs increase?
a. The go up like a rocket
b. They go down because nobody can afford to build
c. They are pulled toward the cost of new construction
d. They don’t change . . . construction costs don’t matter

2. What is happening to the economy now that the debt bubble has burst?
a. The recovery going to happening, because Ben Bernake said so
b. The government attempting to re-inflate the debt bubble in order to stimulate short-term demand
c. It’s just like the great depression, only worse
d. The recovery has already started . . . the government reporting agencies are just suppressing the information

Fiscally Fit: A Check Up for Your Financial Fitness

SolomonSuccess.comFiscally Fit: A check-up for your financial fitness

1. What is the best way to avoid future market bubbles?
a. Gold . . . lots and lots of gold
b. A survival bunker isolated on 30 acres in the woods, surrounded by barbed wire
c. By directly controlling universally needed assets
d. By only investing with the ‘good’ fund manager

Fiscally Fit: A Check-Up for Your Financial Fitness

SolomonSuccess.comFiscally Fit: A check-up for your financial fitness

1) When is debt good?
a. When I feel like spending money
b. When I am buying something that I can see & touch
c. When I am buying something like a house or car
d. When I am buying an asset that produces income