So where did everyone's retirement money go? It went to pay for the multi-billion dollar financial services industry. It was lost due to gross investment incompetence by an industry that doesn’t know how to invest successfully, but does know how to successfully sell the idea that they do. Americans have been subjected to one of the most effective and most destructive marketing campaigns in history.
Fire your financial adviser and invest for yourself using no-load index funds. You can also read more of my investment advice and my current investment market assessment.
I see the risk level in the stock market continue to rise and now advise that it’s best not to invest in stocks heavily for the time being. For now, the allocation with the best probability of success is to invest between 0 and 20% of your money in stocks, depending on your risk tolerance.
It’s time to resist the influence of advertising, manage your money, and make purchases based on your priorities. It's your money, be your own financial expert and start by following this spending tip.
I offer my investment advice through my money book and website to help people as they navigate their finances and become empowered to take control of their money. And my advice (time-tested and proven by my personal success and the success of those who have taken my investment advice) is free!
Avoid investment scams and know your investment options to create financial freedom. Manage your money by investing in simple investments like no-load, broad-based index funds. No financial expert required.
