Let us create a 3D eBook for you!
Let us create a 3d Digital eBook for you! DigyCat.com

Brain Snappers and Other Wall Street Nonsense


The last time you spoke with your broker did he use any of the following words? Diversification,Price-to-earnings ratios, discretionary trading,lifting a leg (he's talking to you not yourdog), leverage, divergence, fee-basedcompensation, escalator clause, tactical assetallocation and other mesmerizing words to placeyou in stupefying shock.

Brokers do that to let you know that you don't know anything about the market and you mustallow them to make decisions for you. You don'tknow the language. You are just too dumb.Another mushroom.

Wadda ya' mean mushroom? Didn't you know? Most customers are considered mushrooms. A mushroomis grown in the dark and fed horse manure. Nowyou understand why they treat you that way.

Then try to get him to explain commissionstructures of mutual funds. Oh, you're notallowed to ask that. You might want to read page35 in the January 31, 2005 issue of Newsweekmagazine for an excellent breakdown of this WallStreet scam. Maybe you better not. You will getmad at your broker.

Another one of those big words they don't wantto discuss is redemption fees. This is an extracharge of as much as 2% of the amount that isdeducted from your check if you sell within acertain period of time. Brokerage companies tellyou it is to discourage frequent short-termtrading which adds to their cost of doingbusiness and increases the expenses that arecharged to you every year. Having owned abrokerage company I can tell you this is more ofthat brown stuff they feed to the mushrooms.

The reason for redemption fees is to discourageyou from selling. You might take money out ofyour account and that must be restricted inevery way possible.

Some of the biggest words are associated withthose special limited partnerships. These aredefinitely brain twisters. You can get these inreal estate, hospital construction, oil and gaspipe lines and the most confusing one of all istechnology. And they are all guaranteed. Thatword I understand, but be sure you read the fineprint to see what is guaranteed. You rememberthe old one that they give it to you in the bigprint and take it away in the fine print.

How about placing a limit bid on a secondarydistribution of a special claim on residualequity certificates? You didn't understand that? Believe me you don't want to.

When you are solicited by your broker, financialplanner or anyone to buy any equity you mustclearly understand what you are buying.

If you don't understand it don't buy it.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make moneyand keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street doesnot want you to know.


MORE RESOURCES:

Investing - Google News

This RSS feed URL is deprecated

This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news

Carrefour Steps up E-Commerce Push, Chases Deal in China - U.S. News & World Report


U.S. News & World Report

Carrefour Steps up E-Commerce Push, Chases Deal in China
U.S. News & World Report
People are silhouetted as they attend a news conference to present the strategic plan of French retailer Carrefour in La Defense, near Paris, France, January 23, 2018. REUTERS/Philippe Wojazer Reuters. By Dominique Vidalon. PARIS (Reuters) - Carrefour ...
Carrefour Plans to Cut 2400 Jobs, Invest $3.4 Billion Bloomberg

all 27 news articles »

US Product Lets Investors Triple Bet on Popular Tech Stocks - U.S. News & World Report


U.S. News & World Report

US Product Lets Investors Triple Bet on Popular Tech Stocks
U.S. News & World Report
Commuters pass by the NASDAQ Marketsite in New York, May 21, 2012. REUTERS/Brendan McDermid (UNITED STATES - Tags: BUSINESS) Reuters. By Trevor Hunnicutt. (Reuters) - Investors are getting a high-octane way to bet on or against the stock market's ...

and more »

Cramer's guide to investing in the stock market's winning sectors - CNBC


CNBC

Cramer's guide to investing in the stock market's winning sectors
CNBC
As a result, investors flocked to steady growth stocks like Visa and Mastercard, shying away from traditional bank equities altogether. Other than Visa, Mastercard, Discover, PayPal and ancillary plays like Moody's and Morningstar, "it was simply too ...

and more »

The Dinner That Changed the Investing World - Wall Street Journal


Wall Street Journal

The Dinner That Changed the Investing World
Wall Street Journal
As the first U.S. exchange-traded fund was being launched 25 years ago, the fund's backers gathered for a casual dinner on the 10th floor of the American Stock Exchange's art deco downtown headquarters. Ivers Riley, an exchange executive, made opening ...

Ripple Drops As Nervous Investors Flee Cryptocurrencies - Forbes - Forbes


Forbes

Ripple Drops As Nervous Investors Flee Cryptocurrencies - Forbes
Forbes
Charles Bovaird , Contributor I am a financial writer and consultant who focuses on investments. Opinions expressed by Forbes Contributors are their own. XRP fell today, losing more than other top cryptocurrencies. Shutterstock. Ripple's XRP token ...

and more »

General Electric: Lessons In KISS Investing - Seeking Alpha


Weekly Register

General Electric: Lessons In KISS Investing
Seeking Alpha
While I think retail investors often get themselves into silly situations, Keep It Simple Stupid (“KISS”) is always one of the best approaches smaller investors can take. While investors need to be educated on the companies they own or would like to ...
Financial Newsletter - Zacks Investment Research Zacks Investment Research
General Electric Company - GE - Stock Price Today - Zacks Zacks Investment Research

all 208 news articles »

One-Third of Americans Spend More on Coffee Than on Investing ... - Motley Fool


One-Third of Americans Spend More on Coffee Than on Investing ...
Motley Fool
There are plenty of reasons Americans aren't investing as much as they should. For many workers, it's a matter of not having the money available after paying living expenses. For others, it's a matter of absent knowledge and fear. But even when these ...

and more »

'Cash Flow Investing' - A Report Card - Seeking Alpha


'Cash Flow Investing' - A Report Card
Seeking Alpha
I have been a proponent of "Cash Flow Investing" for the last year and a half or so. I have never said that it is a substitute for appreciation plays but that it is an adjunct to them. For some people and institutions desiring a steady stream of income ...

Social, bitcoin and other hot topics at the Inside ETFs conference - CNBC


CNBC

Social, bitcoin and other hot topics at the Inside ETFs conference
CNBC
The biggest names in the ETF business gather to debate the future of investing and break down the skyrocketing growth of exchange-traded funds.

and more »

LargeFriends.com - the best dating site for plus-sized singles!
SuccessfulMatchCentral.com - the best dating site for plus-sized singles!

PreLaunchX

MyIdeal Domain Is For Sale - $8,000 For Enquiries eMail Us

© www.MyIdeal.biz - 2012

home | site map | links