A big story that made the rounds in the financial media last month was Jim Cramers (of the Street.com) statement that some hedge fund managers spread false rumors about a company to large trading desks and the media to drive a stock price lower. He said this practice is illegal, but easy to do “because the SEC [Securities Exchange Commission, the U.S. regulatory body] doesn’t understand it.” Furthermore, the extremely wealthy former hedge fund manager boasted, Whats impor…
To Build Wealth, Don’t Seek Higher Education
One of the most important determinants of building wealth during your educational life would have been a solid course in the history of education. Why? Because a solid understanding of the roots of institutional education would enable you to realize that most education puts you in debt at the same time as never teaching you how to build wealth. Henry Ford once stated that it was a good thing that people in America had no understanding of how banks truly worked because if they…
The Risks In The U.S. Stock Markets Nobody Wants To Discuss
When it comes to investing, nothing kills good returns more than nationalism. And nationalism rules at large investment firms.
An Impending Financial Earthquake Is Coming. Is Your Stock Portfolio Prepared?
Your Investment Choices Now Will Determine Whether You Lose Great Wealth or Build Great Wealth in the Near Future.
101 Reasons Why Managing Your Own Money Is The Only Way To Build Wealth
101 Reasons Why You Should Manage Your Own Money