Solving Your Wealth Puzzle (and Why the Stock Market is Dead)
Ranked #32,241 in Business & Work, #449,407 overall
We've been led to think stock investing will make us money, but does it really... the wealthy already know the answer!
Read on because I'm going to tell you more about the secrets Wall Street won't tell you. I'll introduce you to my new book released in the 2010 which I guarantee blasts open all the myths and place and break down any barriers to you and wealth. You can even download a free report with excerpts from the first chapter.
I know you want to know how the Stock Market is just like McDonalds, and other surprising facts, so let's get started.
The Astrologer, The Five-Year-Old, and the Stock Analyst
Which one wins biggest under lab conditions?
Richard Wiseman of the University of Hertfordshire in England did an experiment in which three imaginary portfolios were set up with an initial stake of $5,000.- In one portfolio, he had a professional stock analyst pick the stocks;
- in another, an astrologer made the choice based on the movement of the stars and planets.
- A five-year-old girl picked the stocks in the third.
So much for the expert's ability to predict the market.
We've Been Led to Think Stocks Can Make us Rich. But Do They?
You might still believe that you can win big in stocks, and there are very few financial advisors that are going to tell you otherwise. Have you been listening to them? In fact all of them will tell you to put all of your money in stocks and mutual funds-of course they will recommend this; they are making a commission gambling with your money-money you can't afford to lose. How do I know this? Because I used to play that game, but not anymore.The truth is that to win big in the stock market you have to start with a lot of money. To begin, it will take you an investment of $100,000 to win big, and even then there are no guarantees because you have no control over what the companies you are investing in actually do.
While stock market gurus and pundits may talk a lot about how small investors like you can get rich quick by investing only $50 a month. They say if you invest that small amount, receive a 10% return per year, and keep it in for 52 years--well, then you'll make your first million. That means it will take you an entire lifetime to make one million dollars.
What Wall Street and McDonald's Have in Common...
It doesn't surprise you when you hear that a fast food restaurant spends millions of dollars a year to market their foods to you. You're bombarded with advertising, on TV, in your home and while driving down the street. Is Wall Street any different? No!!!Wall Street is just like any other industry spending millions on psychologists, focus groups, and behavioral specialists to discover how they can sell their products and services to you. The big difference is what they're selling. It's not like they are trying to sell the latest bottled water, a new car, or a teeth whitener. Instead, they are selling a fantasy disguised as an investment.
Does Saving for Retirement Really Work Anymore?
Retirement Isn't Working Anymore, and You Won't Know It Until It's Too Late
Using the old fashioned methods to have enough money for retirement is a thing of the past. 401ks and social security aren't profitable enough to retire on, job security doesn't exist, and pension plans are history. What's left? For many of us it may well be bagging groceries at our local grocery store at the age of 75. I cringe to think of it.We're living longer now than we ever did and we're running out of money in our old age. 20k is now the average annual income in retirement. Can you live on 20k? Did you know that just one bad illness can wipe out your 401k? In fact, illness is the number one cause of bankruptcy today.
The Bottom Line - Here's What You Need to Do
Told Through Some Surprising Facts, and Stuff That Financial Advisors, the Media, and Schools Haven't Revealed to You
I know from personal experience and from working with hundreds of clients that entrepreneurship is truly the only way to real security and wealth. However many people I've met want wealth but are scared to start. Wealth creation is *much* easier than you might think. Here's a top myth I come across often. You'll probably have to admit to yourself you believed this too, until now...You might think that 80% of all businesses fail in the first 5 years, right? Most of us have heard this depressing fact. Why would you want to own your own business if you're doomed to failure? You're not. Eighty percent of businesses don't fail in the first 5 years and no one knows where this alarming and misleading statistic originated. The real fact is that the truth will empower you! Maybe that's why it's hidden.
The truth is: We're not doomed to failure.
Reports from the US Census Bureau reveal that 76% of all small businesses operating in 1992 were still in business in 1996. In fact only 17% of all small business that closed in 1997 were reported as bankruptcies or other failure. What does this mean, it means we've all been very misled. It means that the entrepreneurial principles America was founded on are working for those who use them.
In other words, your chances of succeeding in a business of your own are good - very good in fact.
Now here's a list of more surprising facts below.
More Top Hidden Truths About Wealth Creation in America
- 50% of American's say they hate their job and want to run their own business.
- The Small Business Administration says entrepreneurial businesses account for 99.7% of our nation's employers, 54% of its employees and 52% of the sales.
- A big urban myth is that you need a lot of money to start your own business. Statistics reveal that 57% of small business owners started or acquired their business with less than $5,000 in capital. 25% required no capital and only 19% used capital based on a personal loan.
- Do you need a college degree to own your own business? No way. You can take a look at my list of 32 billionaires in the U.S. who don't have college degrees.
The Only Way to Secure Your Future
On the home page of my site MyWealthPuzzle.com I reveal the one way to secure your future so you're not bagging groceries at the age of 70. Hop over there for a moment to see what I'm talking about. MyWealthPuzzle.com...
The New Book is Here!
I've released my new book in 2010. Just take a quick second to sign up below to get on the list and get free excerpts from the first chapter with lots more amazing facts about the stock market.I've already had many people both in the financial community and amongst my friends who don't want to be associated with this book. Why? Because it's blowing open huge lies that the establishment doesn't want you to know, and quite frankly these folks who run from the idea of this book are simply scared someone will come after them or their career will be ruined.
Sorry folks, but this is the truth and it's going to get out sooner than later because people can't continue to be misled from being wealthy only to be caught in their retirement years sick from work and with nothing to support themselves and their family. This is just too important.
We're looking forward to releasing this book and standing the financial community on it's head.
PS Click the link below to get a free report with excerpts from chapter one with more secrets that Wall Street has kept hidden from you.
PSS You can also learn more about the book at my site MyWealthPuzzle.com or grab a copy at Amazon.com.
Free eBook Report: "Why Wall Street Won't Work for You"
Here's What You'll Find in the Free Report:- This is not about securing wealth by saving money, buying stocks, using 401ks, or depending on social security.
- In fact you'll learn how the STOCK MARKET is the worst place to start building wealth
- You'll learn the secret tricks that your broker, Wall Street, and the media use to market the stock programs to you that they want you to buy
- This is not a sales letter--it's some of the best early release excerpts from chapter one of my upcoming controversial book "Solving the Wealth Puzzle"
- This eBook Report is guaranteed to help you to begin to CLEAR ROAD BLOCKS and free yourself to building wealth
- It's available for instant download, no strings attached
Where has the Passion Gone?
(Have Your Lost it too?)
Well guess what; keep looking because there is no such thing. Everything in life is a gamble, when you begin to look for only sure things; you take the living out of life. A part of living life is: taking a risk, but in America we are not passionate people it isn't apart of our culture, if you look at other countries, people are passionate about their food, friendship, family, and love.
Here in American the only thing we get excited about is money and things.
But we are also some of the most unhappy people in the world, look at all of the medication they have for depression. Want to cure your depression; go out and find something to get passionate about. Start living take a risk%u2026don't be like everybody else.
You don't need to go ask 10 people what you should do, if you should open a business, or should I move to France. Do as Nike says "Just Do It" Remember your only here once as far as I know there are no second chances.
Here's a Quick Way to Prevent Losing Motivation in Your Life
It's 90% mental...
A lot of road blocks to creating wealth are in your head. Yogi Berra said it best, "Baseball is 90% mental and the other half is physical." If your game plan to create riches rests solely on working more hours to make more money, you are doomed to failure. Why? Eventually, if it's just about the money, you will grow tied and disillusioned. Getting one more dollar to add to your savings account or net worth won't motivate you any longer; you'll get easily distracted and lost. Click Here to continue reading. Inspiring Wealth Building Quotes
Before we get started, here are some quotes to help you get energized...- Strong people make as many mistakes as weak people. Difference is that strong people admit their mistakes, laugh at them, learn from them. That is how they become strong. - Richard Needham
- Whether you think that you can, or that you can't, you are usually right. -Henry Ford
- Always bear in mind that your own resolution to succeed is more important than any other one thing. - Abraham Lincoln
- Too many people overvalue what they are not and under value what they are. - Malcome Forbe
- Desire is the starting point of all achievement; not a hope, not a wish, but a keen pulsating desire, which transcends everything. -Napoleon Hill
- You gain strength, courage, and confidence by every experience in which you really stop to look fear in the face. You must do the thing which you think you cannot do. - Eleanor Roosevelt
- The critical ingredient is getting off your butt and doing something. It's as simple as that. A lot of people have ideas, but there few who decide to do something about them now. Not tomorrow. Not next week. But today. The true entrepreneur is doer not just a dreamer. -Nolan Bashnell, founder of Atari Computers & Chuck E. Cheese restaurant franchises
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Shadoze
Apr 24, 2008 @ 7:07 pm | delete
- I put as much money into my 401K as my employer will allow and match. That way, I don't miss the money and know I will have it when I retire.
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tonydeemer
Mar 18, 2010 @ 10:58 am | delete
- Hi Shadoze, a friend of mine worked at an Internet company during the .com days. Everyone at the company was investing in 401Ks with some matching. He didn't because he didn't trust putting his money in a 401K. When the .com bubble hit everyone in that company lost their 401Ks. In my experience placing your money in the market is a gamble which many will lose. I don't want to see you in that boat. If you have a disposable income then great! Then it makes more sense to invest. See my blog post here on this topic: Discretionary Income What's Your Number
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financegirls
Apr 10, 2007 @ 6:25 pm | delete
- Interesting read! hope to see you post some other alternatives on the stock market!
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KimberlyDawnWells
Mar 2, 2007 @ 9:49 am | delete
- An interesting mix of opinions and statistics. Now that you've told us the stock market is dead and our retirement is in jeopardy, what call to action do you have for us?
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tonydeemer
Mar 18, 2010 @ 10:53 am | delete
- Hi KimberlyDawnWells, thanks for your comment. It's a good question. See my section above called "The Bottom Line - Here's What You Need to Do". In a nutshell I recommend to start and run you're own business. Hop over to my site for more info at http://www.mywealthpuzzle.com if you're not sure how or haven't found your passion yet.
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oniyagi
Feb 27, 2007 @ 6:59 am | delete
- Great lens so far, very educational. Keep up the good work.
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jackclee
Feb 26, 2007 @ 9:25 am | delete
- Great lens so far. Let's hear about your details. What is your opinion of the MLM craze lately? Just curious...
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by tonydeemer
tonydeemer
Although I used to work as a financial adviser, it wasn't long before I saw through the hype and struck out on my own. My mission is to share the trut... more »
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Solving the Wealth Puzzle: The Rich Didn't Get Wealthy in the Stock Market- You Won't Either!
Amazon Price: $11.64 (as of 02/18/2012)
