Are Financial Markets The Answer?
I was listening to a very prominent financial TV personality speaking about how to win financially and was appalled at what I heard. This individual was telling listeners to continue to put their money into financial markets and to risk their whole financial future in financial markets.
Now what is wrong with this thinking? Well we just saw financial markets drop dramatically and cost people trillions of dollars in life savings. Even 60 Minutes, the prominent TV show ran a recent segment on the problems with 401k's and Mutual Funds. [You can see the segment at www.FinancialFreedomRadio.info] Financial markets have historically cost people millions of dollars and many over time have lost their nest eggs but the financial people and financial companies continue to tell people to put their money into the financial markets. Even the 60 Minutes segment talked about the majority of the people being financially uneducated and that the financial institutions will continue to extract cash from the consumers.
Good financial people should be teaching people to how to build businesses, how to make inflation their friend, how to use their wealth and grow it at the same time. The reason they don't is because they don't know. These people only know how to sell things that make them money, even though they may cost you. They know that what they are saying is wrong, and if they don't then they should not be giving financial advice and should be sued for malpractice.
Watch the 60 Minutes segment and see for yourself what we have been saying for years. Finally someone is listening but its too late. Also come to our MoneyTeleSeminars "Wealth Recovery" Seminar and learn how you can understand the financial institutions and how the miss-lead the consumer. Go to www.MoneyTeleSeminars.com and sign up for the next teleseminar.
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