Tuesday, 5 November 2013

Brain Snappers and Other Wall Street Nonsense

The last time you spoke with your broker did it with one of the following words? Diversification, Price-earnings ratios, discretionary trading, Lifting a leg (he is not talking to you your Dog), leverage, divergence, fee-based Compensation, escalator clause, tactical asset Allocation and other mesmerizing words to place Them. Numbing shock in
Brokers do to let you know that you know nothing about the market and you have to allow them to make decisions for you. You do not know the language. They are just too stupid. Another fungus.
Wadda ya 'mean fungus? Did not you know that? Most customers are as fungi. A fungus grown in the dark and fed horse manure. Now You understand why they treat you like that.
Then try to explain to him commission Structures of mutual funds. Oh, you're not allowed that to ask. You might want to read page 35 of 31 January 2005 issue of Newsweek Magazine for an excellent breakdown of this wall Street fraud. Maybe not better. You get angry with your broker.
Another one of those big words that they do not want to discuss the redemption fee is. This is an additional Loads of up to 2% of the quantity deducted from your check, if you sell within a particular time. Brokerage firms say It is to discourage frequent short-term Trade which adds to their costs to do Businesses and increased spending that are charge you every year. Once in possession of a Brokerage firm, I can tell you this is more that brown stuff they feed to the mushrooms.
The reason for the repayment of fees is to discourage From the sale. You could cash out Your account and must be limited in every way possible.
Some of the greatest words are assigned this special limited partnerships. These are definitely brain twisters. You can use this in Real estate, hospital construction, oil and gas Pipelines and the confusing of all is Art. And they are all guaranteed. That Word I understand, but be sure to read the fine print to see what is guaranteed. Remember the old one, they give it to you in great print and take in the fine print.
As it would be a maximum bid on a secondary A special dividend entitlement to residual Stock certificates? She did not understand that? Believe me, you do not want.
If you are requested by your broker, financial Planners or anyone, any equity you need to buy clearly understand what you are buying.
If you do not understand, do not buy it.
Al Thomas' book, "If it does not go up, do not buy it!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter on and discover why he is the man that Wall Street does not want you to know. 

No comments:

Post a Comment