Wedding Favors
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Surviving Without Mutual Funds
   
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Discount Wedding Invitations
SELECTING DISCOUNT WEDDING INVITITATIONS? HERE'S A FEW TIPS!
First impressions are lasting, and sending a wedding invitation to your guests, offers no .....
SELECTING DISCOUNT WEDDING INVITITATIONS? HERE'S A FEW TIPS!
First impressions are lasting, and sending a wedding invitation to your guests, offers no .....
STOP! Do not read another word! Advance mouse to
Investopedia.com and look up advance/decline line. Do not pass
GO. Do not collect another prospectus.
The NYSE advance-decline line has been positive for nearly six
years! (Contact the Author for the Spreadsheet.)
What is wrong with the averages? How sick are the Mutual Funds?
Here are some questions you should be asking. 1) Is there
"Investment Life" after Mutual Funds? 2) What is the average
investor/speculator to do? (3) Who can you trust? (4) Why are
people still throwing money at the corrupt Mutual Funds? 5) Is
there a safe(r) alternative? 6) Can a financial professional
function without funds? (7) Did Mutual Funds make YOU lose money
over the past several years? (Answers below.)
Investing always involves more questions than answers, and the
idea that Wall Street has those answers and that they are
imbedded in the products that they market to the "moneyed"
public, is simply part of the brainwashing of the American
investor. So, too, is the myth that Mutual Funds are a safer
investment mechanism than a properly constructed portfolio of
individual securities. Perhaps they should be, in concept. In
reality, they haven't been for decades.
Investors have always searched for a safe and easy way to
protect and to grow their portfolios. This used to be
accomplished by applying a combination of management and
investment principles to the process. A diversified portfolio of
high quality, profitable companies, and an appropriate amount of
less volatile income producers was pretty easy to create, to
manage, and to monitor.
It still is, when you realize that investing is not a
competitive event. The original Mutual Fund managers actually
knew how to do this, were paid to do it, and were not at all
influenced by the incredible confluence of outside forces that
impacts their decision making today. In their original form,
Mutual Funds were Trustee directed within the retirement benefit
community, and a stepping-stone to a properly diversified,
individual security portfolio on the personal level. Before the
three-ring Wall Street circus came to town, there were only two
"classes" of securities, retirement programs were not
self-directed, the DJIA was an economic indicator, investing was
a personal goal directed activity, and the Yankees won the
American league pennant most of the time.
Almost everything (except the Yankees) changed with the
onslaught of the "new generation" of Mutual Fund marketeers and
self-directed retirement vehicles. Wall Street invented market
prediction techniques and new subdivisions of securities;
investment products were mass-produced in every shape, size,
model, and color, with great financial planning success; sales
literature was sold as research/analysis, and financial
institutions became indistinguishable from one another. People
pay extra not to collect current interest and loss-taking is
seen as a good idea. Unproven team-player Mutual Fund managers
The Advantage Of Printing Software
receive signing bonuses that would shock professional athletes,As the world advances in its way of living plus the invention and innovation of different technologies, almost everyone are using various facilities that would enhance their out .....
and 60-second sound bites on CNBC define today's investment
reality to the masses. A calendar year is now long-term, buy
high/sell low a religion, and absolutely everyone, from
accountants to wedding planners, can sell Mutual Funds for extra
cash. Wall Street is Las Vegas in pinstripes and red suspenders.
Are today's late trading, market timing, and executive suite
scandals going to change things dramatically? It's doubtful,
simply because Mutual Funds are so profitable for the
institutions, so mindlessly easy to sell for financial
professionals, AND the only available investment medium for
hundreds of millions of employees throughout the country! But is
there a better way to invest safely and profitably in spite of
all the problems? You cant afford to be lazy anymore. Learn how
to manage a high quality, diversified portfolio of individual
securities.
-------------------------------------------------- Answering the
six questions raised in the first paragraph, from the pages of
the Business Best Seller: "The Brainwashing of the American
Investor". Yes Virginia, there is investment life after Mutual
Funds. (2) Rediscover individual securities, after taking a
crash course in the principles of investing. (3) Trust yourself,
once you've taken the course. (4) Most investors have no choice
but to use Funds, the others learn their lessons slowly. (5)
Yes, individual securities in a plain vanilla investment plan
can be much safer. (6) Some planners have de-toxed from funds,
but it's a lot more like work. Most won't try. (7) Nope, you'll
have to take the blame for the losses yourself.
About the author:
Steve Selengut sanserve@aol.com steve@sancoservices.com
800-245-0494 Professional Investment Portfolio Manager since
1979, Unaffiliated with any Brokerage Firrm Separate Accounts
Only, & No Open End Mutual Funds BA Business, Gettysburg
College, MBA Professional Management, Pace U. Author of: "The
Brainwashing of the American Investor: The Book that Wall Street
Does Not Want YOU to Read, and A Millionaires Secret
Investment Strategy