Dec
01Over the next few months I am going to share with you some of the Dirty, Filthy Lies my Broker Taught Me. More importantly I am going to share with you 101 Truths About Money and Investing. The BIG question every investor should honestly ask themselves:
Is Your Broker Lying To You?
I would love to hear your feedback and comments about some of the real truths that go on inside the financial services and brokerage industry. Whether you believe them or not is completely up to you – but they are the truth. Let me start right here…
You know that you have been lied to if you believe that…
- Stock picking, market timing or track-record investing is anything other than rank speculation and reckless gambling with your money.
- You can get rich from false promises and hype of the latest trend like the new tecknnology paradigm of the late 1990’s.
- Owning a bunch of “stuff” makes you diversified.
- Mutual fund managers have special research powers and analytical tools to pick the best stocks for you.
- Brokerage commissions are in your best interest.
- Risk of losing money is something that only happens to other people.
- You are diversified, and you don’t realize that you could lose more money than you ever imagined.
- The broker works for you.
- Economic forecasts and predictions hold the key to growing your wealth.
- Activity in your account means control.
The good news is that the madness can stop. You don’t have to believe any of these things to have a successful investment experience.
To Your Success!
SECURE & CONFIDENTIAL