McKagan admits, however, he doesn't understand all the technical ins and outs of high finance, but says TV's talking heads don't, either.
"Those boneheads on TV just want to make themselves come off as smart . . . I hope to shed some no-nonsense light on day-to-day money issues," he wrote, closing his salty commentary with a promise: "I will do my best to expose frauds and criminals, one at a time."
Seems like a good dude, but do not take financial advice from a magazine, especially from Playboy magazine, especially from a celebrity columnist in Playboy magazine, especially from a celebrity columnist in Playboy magazine who's a rock star who does not understand finance. Although he can probably lose you money just as well as the pros. [NYP, a bit late on the story. But no biggie!]