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Read more with google mobile : Duff McKagan a rock 'n' roll renaissance man | Entertainment |

My Profile Top News Reuters top ten news stories delivered to your inbox each day. Subscribe You are here: Home > News > Entertainment > Article Home Business & Finance News U.S. Politics International Technology Entertainment Film Music People Television Arts Industry Sports Lifestyle Oddly Enough Health Science Special Coverage Video Pictures Your View The Great Debate Blogs Weather Reader Feedback Do More With Reuters RSS Widgets Mobile Podcasts Newsletters Your View Make Reuters My Homepage Partner Services CareerBuilder Affiliate Network Professional Products Support (Customer Zone) Reuters Media Financial Products About Thomson Reuters Duff McKagan a rock 'n' roll renaissance man Mon May 4, 2009 4:07pm EDT Email | Print | Share | Reprints | Single Page [-] Text [+] By Dean Goodman LOS ANGELES (Reuters) - Duff McKagan is a good advertisement for the benefits of drug rehab. Trim and toned, with a full head of blond hair and a perfectly alert brain somewhere underneath, the former Guns N' Roses bass player is lucky that he made it to 45. In the early 1990s, when Guns N' Roses were arguably the biggest rock group in the world, McKagan participated in the requisite debauchery with his hell-raising bandmates. There are lots of good stories, but he can't remember many of them. "I've heard great stories of (stuff) I've done, told by some pretty fascinating people," he said in a recent interview with Reuters. "(Queen guitarist) Brian May (said), 'Hey man remember that time?' Elton John told me this great story." As the band's punk-rock spirit, McKagan bore an eerie resemblance to Sid Vicious, the former Sex Pistol who died of a heroin overdose in 1979. It looked as if McKagan might go the same way, especially after his pancreas exploded in 1994. But McKagan cleaned up his act, and quit the crumbling band a few years later. When it occurred to him that he was a wealthy man with no financial experience, he enrolled for a business degree at Seattle University. He remains a couple of credits shy of graduating, but has put his knowledge to good use. He writes a finance column for Playboy called "Duffonomics," and expounds easily on the big economic issues of the day. "OLD SCHOOL" INVESTOR Rock 'n' roll's version of American personal-finance guru Suze Orman describes his investment style as "old school," aimed at providing him with a comfortable retirement. "People probably assume I have a lot more money than I have, and I think that's true with a lot of musicians who've been successful," he said. "We've generated a ton of dough. A ton! But nobody knows exactly how much I'm taking home, or anybody else is taking home." His advice for shell-shocked investors? Real estate, and beaten-up sectors such as the Pacific Rim and financials. But there's more to life than spreadsheets and textbooks, and McKagan is seeking a third shot at rock 'n' roll glory. After Guns N' Roses imploded he formed a new band with fellow Guns survivors Slash and Matt Sorum. Velvet Revolver's debut album sold millions and won a Grammy. The follow-up was less successful, and the band fired vocalist Scott Weiland a year ago amid long-simmering tensions. With Velvet Revolver on hiatus, McKagan has teamed up with three little-known musicians from his Seattle hometown to resurrect his side project, modestly dubbed Duff McKagan's Loaded. The band is now touring clubs to promote its new album "Sick" (Century Media Records). McKagan has swapped his bass for a guitar, and takes on the lead vocals. During Guns N' Roses concerts, he would often perform an old punk song for the masses, and he sings a wistful tribute to dead punk rocker Johnny Thunders on their 1991 double album "Use Your Illusion." Continued... 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