Looking for Advice

Dear Peter, my name is Ethan I am 19 and live in a small town in Vermont called Marshfield. I currently go to the Community College of Vermont part time taking two classes a week. I also work part time with my dad and my older brother logging to be able to pay for the classes which I attend. My dad is the third generation of the Ducharme logging business making my brother who wants to take over the fourth. I on the other hand want nothing to do with logging and actually hate it. I see my dad come home every afternoon worn out tired beat up form the days worth of work then get up at 4 the next morning to start all over again. 

When I am not taking classes I’m out there with them doing the same boring stuff they are doing; I’m not exactly sure what I want to do with the rest of my life but I no what I do not want to do and that’s logging. I want to go to college full time like everyone else I no but I don’t want to get into all kinds of debt and take out all kinds of student loans. I feel like it is impossible to go to college without getting into debt and If I keep having to work to pay for the classes that I am taking it will take me the rest of my life to complete school. I think I want to go to school to be a nurse because I like working and interacting with people and you make decent money and don?t have to work yourself to death. My brother whose name is Erik and is 22 is also our neighbor, he comes over all the time and tries to give me advice on what I should do for work and this and that and what he wishes he did when he was my age instead of going into the marines.

From what I have gathered in my 19 years of life I came to realize that its pretty hard to make it out in the world and become successful and financially stable which is exactly what I want to become. I started looking into investing and buying a few shares and Googleing what?s good to buy or bad and somewhere along the line your name popped up. I looked you up online and read a little bit about you and saw that you looked like you new your shit; good with money, good with politics, investing and being able to tell what is potentially good or bad to invest in. I listened to part of your first radio show but it only would let me play three minutes so I couldn?t listen to the rest. I have 2 ounces of gold that my grandfather gave to me before he died and I am not sure what to do with them. I want to build a house in a few years but feel like its impossible to get anything started or up and going I feel like I could make some money by selling my gold, or maybe by investing a little but I only have about 500 dollars that I could potentially invest. If you could give me some maybe good safe ideas what I could invest in or just some advice in general about where to go or how to make it out there it would be a tremendous help. I’m not asking for a handout by any means just some advice and you seem like the person I have been looking for. You probably get a million emails a day but I sure hope you see mine. Thank you so much.

Ethan D.

Peter Schiff is an economist, financial broker/dealer, author, frequent guest on national news, and host of the Peter Schiff Show Podcast.

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