Investing

January 15, 2018
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When the time is right to invest in the stock market, there’s only one thing you should invest in. Index funds. Broad based index funds.

And don’t just take my word for it. Here are some direct quotes from what are generally considered to be the 2 greatest investors in stock market history.. Warren Buffet and before his time, Peter Lynch. Here is exactly what they have said, over and over again. Buffet has said it like every other month, and has for the last 30 years. 

Peter Lynch: “Most investors would be better off in an index fund.”

Warren Buffet: “The best way to own common stocks is through an index fund.”                 

“Most people should only invest in index funds”

For any money you do invest in the stock market, only invest in broad-based, no-load, no commission, index funds. Over the long run, this one simple type of stock market investment has been proven to outperform all others.

As to what an index fund is, just go google it, and in like 5 minutes or less you’ll know. As to where to buy them, I’d suggest from a company named Vanguard, so while you’re at it go read up on them, too.

As for investing in individual stocks, unless it’s a company or industry you know extremely well, a company you work for or whatever, I strongly recommend you don’t do it, because you’ll probably end up underperforming the index funds just like the pros. And to make matters worse, the truth is that the game is just too rigged against the individual investor.

And by the way.. almost all the financial advisor and almost all the pros almost never recommend index funds.. heck, they don’t even tell you about them most of the time. And why don’t they? No commissions baby. Most of the time they don’t make any money if you invest in them.

When it comes to investing your money, however, there are a lot of other alternatives besides the stock market and, for most people, they are usually a far better place to invest.

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April 15, 2013

In last week’s blog I documented the true depth to which our retirement system has failed most Americans, the greed and utter incompetence of the Financial Services Industry and their allies in the Financial Media, and the tremendous damage its caused most Americans. I showed that you should not trust your retirement savings to this broken system, that the stock market is not the answer it is hyped to be, and that if you entrust your financial future to a financial advisor that history shows that over 95% will do nothing but lose you money.


April 4, 2013

About 30 years ago we underwent a huge change to our retirement system in this country, shifting from pension plans to individual retirement accounts such as 401Ks and IRAs. It is a change that has led to the development of a system that is stacked against the typical investor. In fact, it’s become nothing less than a rip-off, deeply damaging or destroying the financial futures of most of the 100 million Americans who participate.


February 1, 2013

With the stock markets moving up I felt it would be a good idea to restate my position that stocks continue to pose too great a risk to be a smart investment. I still advise that people stay out of stocks and any funds containing them. The same goes for mid- and long-term bonds and funds relying on them.


November 2, 2012

For decades now, the overriding message from the Financial Services Industry, from Wall Street to your friendly local financial advisor, has been that you need to "put your money in the stock market and always invest for the long run." Well, the economic times we’re in combined with a stock market that’s gone nowhere for the past decade have forced that message to change. They have no choice. Its become apparent to the average investor that the stock market has been and still is a bad bet. As a result, the Financial Services Industry realized that if they didn’t change their sales pitch, they'd end up with less of your money in their pockets. Is the change a good thing? Does it mean they are now investing smarter and selling safer products?