Category

Wall Street

Trading Strategies

How Corporate America Cheats Investors Every Day

An underwhelming earnings season is winding down while stocks struggle. The sell-siders are, bluntly, panicking.

I wouldn't be surprised in the least to find many of you have heard from your advisors over the past few days – advisors with a vested interest in keeping you long the markets (and ensnared in their asset-based fee models).

I'd also bet you're being told "not to worry." I bet you're hearing a lot about companies "flush with cash" and "beating their earnings expectations."

I bet you're being told, despite the obvious signs all around us, that this market is "uniquely solid" and that "the numbers confirm it."

Have I pretty much nailed it word for word?

That's because I'm a hedge fund guy. I know the legal tricks and accounting stunts that keep CEOs and, well, hedge fund guys "well-remunerated."

I'll let you in on another secret: They're lying to you. The market is lying to you, and it's costing you plenty...

Market Crash

What Everyone Should Know About the Biggest Financial Con Job in History

American investors have never experienced such a profitable run…

The bull market in stocks, now in its 11th year, is officially the longest on record. Many shareholders have tripled their money since 2009. This bull market has created more U.S. millionaires than ever before. Households with a net worth exceeding $1 million have increased to 11.8 million in 2018 – that's more than the population of Greece or Portugal…

On the surface, the economy is humming, too.

The reported U.S. unemployment rate fell to 3.6%, the lowest it's been in 50 years…

The median household income is now above where it was in 2007 (and climbing), and U.S. national home prices are holding up well.

There's just one BIG problem: More than half of all this new wealth is set to vanish. It could start to happen as early as Labor Day.

And this wealth isn't just going to up and disappear on its own. It's essentially going to be taken from the American people via an unholy combination of callous greed, breathtaking stupidity, and outright malicious lies.

Yes, this is disaster by design - and there are fingerprints all over it...

Wall Street

Let’s Go After Monster Gains While Wall Street’s No. 1 Scam Blows Up in Its Face

I spent more than 35 years on Wall Street, in the trenches. I built a fortune helping my clients make billions before stepping away to run high-profit trading research services for my subscribers ­and expose the Street's dirty little secrets.

So believe me when I tell you I've seen a harebrained Wall Street scheme or two: the savings and loan crisis… the "crash-proof" portfolio insurance craze that led directly to the Black Monday market crash in 1987… subprime loans and toxic, mortgage-backed securities in 2008.

Those are just the biggies; there were dozens of other, smaller schemes that didn't crash the entire market – but wiped out plenty of investors.

I'm telling you this because there's a dead simple way for any investor to cash in big time when this scheme inevitably backfires on the greedy bankers pulling it...

Wall Street

How to Achieve Financial Freedom Without Wall Street

I've got to be blunt. Your financial success depends on it.

Wall Street is feeding you a narrative that's fatally, dangerously flawed when it comes to financial planning.

They make the assumption that you're going to live this way or that and, in doing so, produce a whole bunch of fancy charts, full of calculations intended to show you how much you need to save to meet their projections.

The hope is, of course, that you'll become a valued, or should I say valuable, client – meaning you're going to generate tons of commissions to line their pockets for having prepared a deep look into your financial affairs.

The reality is very different.

Those same fancy-pants charts – which, by the way, can cost you a "planning fee" ranging from $100 to several thousand dollars – usually have the opposite impact: People realize they're so far from meeting their "goals" that they give up without even trying.

I've never liked that, but then again, I've never played by the rules, either.

That's why I'm so excited to tell you this...

Trading Strategies

Here's the "Secret Sauce" of Wall Street's Richest Pros

I love to cook – predominantly because I love to eat.

Cooking is all about putting different flavors together in a way that delights all five senses.

And yes, one can cook from a written-down recipe and get a delicious outcome.

But… it's only in learning why cooking techniques applied to different ingredients work when put together that you are able to a) understand why the recipe works; and b) to improve on it, especially when the ingredients we have vary from region to region and season to season.

And it might not surprise you to hear that the very same is true for making money in trading and investing.

There's a good, easy "recipe" I want to show you that yields delicious profits over and over again...

Wall Street

What Charlie Munger Gets Completely Wrong about Stock Trading

Charlie Munger, Warren Buffett's longtime investing and business partner, said that teaching young people how to trade stocks is like starting them on heroin.

Yes, you read that right. One of the most famous – and most successful – stock pickers in the world likened stock trading to a heroin addiction.

Here's why he's dead wrong - and how you can get a leg up on the market...

Trading Strategies

Wall Street Would Kill for the Kind of High-Profit Momentum We're Riding Every Day

As always, Wall Street is imagining things.

CNBC recently reported on findings from Credit Suisse that an unusually high number of companies have fallen from the ranks of top earnings growers to the bottom 20.

That sounds bad, but there's much more going on behind the scenes.

Our Keith Fitz-Gerald's got all the details on the tremendous implications this has for our moneymaking journey together...