Scandal, Risk, and Massive Losses: Don’t Trust Wall Street with Your Money in 2012The New Year is here. That means this is a great time to take stock of where you are today and where you WANT to be in the future. Specifically, make the effort to evaluate the state of your investment portfolio. Was 2011 a successful year in terms of investment earnings? Did you earn what you wanted to earn? Did you earn what you needed to earn? Unfortunately, if you are invested in traditional Wall Street investments, such as stocks and bonds, you are probably very unsatisfied at the moment – and with good reason. The stock market has been virtually flat for the last decade. Scandal after scandal illustrates why Wall Street can’t be trusted. Just weeks ago, MF Global, which was run by former New Jersey governor John Corzine, imploded spectacularly — leaving investors in the cold. Incredibly, Corzine claims he doesn’t know the whereabouts of over 1.2 billion dollars of his client’s money! He released the following statement: “I simply do not know where the money is, or why the accounts have not been reconciled to date. I do not know which accounts are unreconciled or whether the unreconciled accounts were or were not subject to the segregation rules.” “I was stunned when I was told on Sunday, October 30, 2011, that MF Global could not account for many hundreds of millions of dollars of client money.” “I sincerely apologize, both personally and on behalf of the company, to our customers, our employees and our investors, who are bearing the brunt of the impact of the firm’s bankruptcy.” Did you get that? Billions of client dollars have simply vanished! Gee, I wonder where it all went? This year, there have been several, high-profile instances of “rogue trading” at financial institutions—resulting in billions in losses. In the end, it is almost always the investors that bear these losses. Recently, Bank of America’s investment arm, Merrill Lynch, was forced to pay a fine of $500 billion for unethical practices. Those practices included pitching mortgage backed securities as a “safe investment”—leading, of course, to massive losses for their clients. Could the message be any more clear? Wall Street can’t be trusted with your hard earned money. If you’re tired of losses, volatility, and worrying about your financial future, contact us today to see if a Personal Protected Pension Plan™ is right for you. Email Millie, our Client Concierge, at millie@TheHiddenWealthSystem.com or phone her at (866) 998-7699. Please provide Millie with the two best times to contact you. We are currently experiencing a high volume of inquiries. Providing two contact times will insure that she is able to reach you. There is absolutely no reason for you to subject yourself to the rapidly increasing volatility of traditional stock investments. Wall Street investments simply don’t work for couples and individuals who are looking for steady, reliable, tax-free growth and retirement income. Our proven results have returned better than a 9 percent, tax-free average for over 20 years! Stop wasting time! Contact us today and let us help you discover and uncover your hidden wealth! |
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