Why do it yourself investing?
Because DIY Investing is easy, but most importantly you are fed up of your fund manager
enriching on your back.
If fund managers were so good, why did they lose some 50% of your money in
placements like 401k or IRA? It's true that we entered a recession period, but
shouldn't your fund manager have foreseen it and protect your investment? Isn't
what you pay them for? Fund managers shrewdly disguised their management fees by
deducting directly from your account balance. Trust me when I say, fund managers
look after themselves first, before looking after you. Actually, trust is not to
be taken lightly these days. So see for yourself - Here are the ten investing
nuggets from a great book by Michael Edesess called The Big Investment
Lie.
1. Investment management is a con set up to separate investors from their money.
2. Brokers own yachts, but their clients don't.
3. The market moves randomly, so past performance will never be a guarantee of
future performance.
4. Professional investment firms go to great lengths to hide the fact that they consistently
underperform.
5. Fund management fees are sometimes double the returns to an investor.
6. Sales techniques aim to blind investors with numbers and apparent science.
7. A passive investing strategy is the only reasonable approach to the stock
market.
8. The market price of a stock is a reflection of all the relevant information
available.
9. Hedge fund managers do not have a better record over the long term than any
other type of manager.
10. Thrifty investing is the only way to make money on the stock market.
The Stock Market Reality
The reality is that no one can predict the stock market (see nugget #3). It is a
chaotic system that seldom follow any rules or trends. If it does, then there
would be hundreds of Warren Buffet on this planet. All these performance
charts from financial advisers are just pure masquerade to create the illusion
that investing in the stock market is a highly complex business and you need
so-called 'professionals' to help you out.
Investing in the stock market is fairly simple. You start by opening an
online broker account and follow basic rules of investing such as don't pull
all your eggs in one basket - have a diversified portfolio of stocks.
ScottAdviceTM
can show you how to open an online broker account easily if your don't have one
already.
How can ScottAdviceTM help you?
Think of ScottAdviceTM as your Investing or Trading Coach. You take
charge of your investment and ScottAdviceTM will will ensure that you
stay on track to achieve maximum return.
We guarantee that you will
make money in the stock market or your money back.
In many ways, investing is like dieting. Americans spend billions of dollars on
dieting gimmicks from pills to diet programs when we all know that the key to
losing weight is to eat less and exercise. It sounds so simple, yet most people
fail to shed weight because lack of mental and emotional strength, often coined
as al fortitude. It's proven that dieters who work with weight loss
coaches have much better chances of losing weight than those who don't. This is
simply because there is always someone guiding them to do the right thing.
An Investing Coach is just like a weight loss coach. Once you decide that
do-it-yourself investing is the best way to invest in the stock market,
you will be much better off by having an Investing Coach by your side. Now I'm
NOT talking about a financial adviser - They don't know better than you do (and
remember they are the one owning yacht, not you. See nugget #2 above).
ScottAdviceTM provides you with investment guidance in plain, simple
English. Unlike 99% of so-called financial gurus who went to the same
university, studied the same course and work on the same (Wall) Street and talk
the same jargon-full language, ScottAdviceTM is truly a breath of
fresh air. We seldom perform technical analysis because the market is too
complexed to be simplified by mathematical equations. Instead, we follow the
laws of uncertainty, which is the best way to understand a chaotic system.
For instance, did you know that you have a 66% chance of losing money if you
invest in an economic downturn. In contrast, you have a 66% chance of making
profit if you invest during a period of economic boom.
As a member of ScottAdviceTM community of do-it-yourself investors you will
receive regular email guidance that would allow you to invest in confidence.
You will take matters in your hand, knowing that you are doing the best thing
when it comes to investing in the stock market. In addition, you can email us
for specific guidance on a particular stock and we will tell you in plain simple
English, which position to adopt.
Join the Community of do-it-yourself Investors today.
