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Diversification, Price-to-earnings ratios, discretionary trading, lifting a leg (he's talking to you not your dog), leverage, divergence, fee-based compensation, escalator clause, tactical asset allocation and other mesmerizing words to place you in stupefying shock. Brokers do that to let you know that you don't know anything about the market and you must allow them to make decisions for you. Believe me you don't want to. When you are solicited by your broker, financial planner or anyone to buy any equity you must clearly understand what you are buying. If you don't understand it don't buy it. Article: The last time you spoke with your land broker did he use any of the following words? Diversification, Price-to-earnings ratios, discretionary trading, lifting a leg (he’s talking to you not your dog), leverage, divergence, fee-based compensation, escalator clause, tactical asset allocation and other mesmerizing words to place you in stupefying shock. Brokers do that to let you know that you don’t know aught upwards of the market and you must allow them to make decisions for you. You don’t know the language. You are just too dumb. Another mushroom. Wadda ya’ mean mushroom? Didn’t you know? Most customers are considered mushrooms. A mushroom is grown in the dark and fed horse manure. Now you understand why they treat you that way. Then try to get him to explain commission structures of mutual funds. Oh, you’re not allowed to ask that. You might want to read page 35 in the January 31, 2005 issue of Newsweek magazine for an excellent nervous exhaustion of this Wall Street scam. Maybe you subvert not. You will get mad at your broker. Another one of those big words they don’t want to discuss is redemption fees. This is an extra charge of as much as 2% of the product that is deducted from your paper if you sell within a certain period of time. horse trading companies tell you it is to discourage frequent short-term trading which adds to their cost of doing business and increases the expenses that are charged to you every year. Having owned a brokerage girl friend I can tell you this is more of that fire stuff they feed to the mushrooms. The reason for redemption fees is to discourage you from selling. You might take money out of your account stated and that must be restricted in every way possible. Some of the words are integrated with those special limited partnerships. These are definitely stomach twisters. You can get these in real estate, hospital construction, oil and gas pipe lines and the most confusing one of all is technology. And they are all guaranteed. That word I understand, but be sure you read the fine print to see what is guaranteed. You remember the old one that they give it to you in the big print and take it away in the fine print. How in spitting distance placing a limit bid on a secondary distribution of a special affidavit on residual equity certificates? You didn’t understand that? Believe me you don’t want to. When you are solicited by your broker, financial planner or anyone to buy any equity you must clearly understand what you are buying. If you don’t understand it don’t buy it. Part-Time Trading For Full-Time Profits. - Learn how to trade Nasdaq, Nyse or any other volatile stock market. Cb Accountant. - Do You Want to Have an Unfair Advantage Over Other CB Affiliates and Merchants? Article Index: | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | 20 | 21 | 22 | 23 | 24 | 25 | 26 | 27 |
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