Reply #64: 1st thing to know, investment advisors are all frauds [View All]

[StarburstClock]

Our version of unregulated capitalism failed, it completely collapsed in 2008 and is only be propped up now. Investment advisers don't even recognize that it happened and instead choose to continue with the flawed paradigm and advise people accordingly, which as you've noticed is like listening to a pathological liar invent new lies all the time.

2nd thing to know: the markets are completely rigged and manipulated, the old idea of investing in a stock based on some fundamental research or underlying product they have is dead. Stocks only move now based on where a few large investment firms put their money as 70% of all market trading is done by the few. If you time your entrance into the market when the few have decided to take profits you're going to take a big hit.

Lastly, the U.S. is a completely corrupt country now with criminals in the highest positions in business and government. Investing now can only be done with that idea in mind, the investor is entering a criminal economy, not a rational one. All the forms of economics studied in schools are pure trash, the only economic model that can be applied is a criminal model. Sadly, that means it's all just a roll of the dice in a criminal game of craps in some dark alley full of thugs. My last few years as a trader I considered myself a corruption trader, not an investment professional. All an individual investor can do now is try to guess where the criminals are going to put their money, which they will only do for some undetermined time period.

If Americans can change this corruption model via enforcement of regulations that involves jail time for offenders then we have a chance of becoming a successful capitalistic country once again. In a country like that some of the old economic models can be applied but until then, we are all on our own.