March 24, 2023

Financials Matter

"It's Not Just About Finance"

The Most Certain Way to Lose Money

Have you ever wondered why most investors lose money?

The answer is obvious but most people are blind to it.  However, if you study history you’ll see what I mean when I say, “The passions of man never change.”

And these passions are the root cause for losing money.

Fear, greed and lust for power has been around for thousands of years.  (You’d think by now the majority would’ve figured it out.)

But that’s the problem.  The majority always has to be wrong.

It’s what moves the markets.

I know that sounds like an oversimplification but look back at what started the 2008 meltdown.  Everyone thought real estate prices couldn’t go down (thanks, Alan Greenspan).   Or how about the tech bubble of 2000 where everyone was getting rich on tech stocks that had no value.

Those are just two recent examples that you and millions of others probably got caught in.

And that’s the key…millions of others.

You don’t make serious money by following the majority…but Wall Street makes a fortune when you do.

Let that sink in for a moment.

I don’t care if it’s fear or greed that’s driving the market.  If you follow the crowd you’ll be like sheep waiting to be slaughtered.

Think I’m exaggerating?

Be honest with yourself and look back on every occasion you’ve lost money and ask this question: “What was the real reason I bought ____?”

Stop being a victim of the Wall Street machine.

Check out Simplifying Wall Street in Plain English and learn how to side-step an oncoming freight train.

(HERE)

You’ll thank me later.

James

P.S.  Share this link (LINK) with a friend who’s lost money in the market.  They’ll thank YOU later.