Have you ever been struck from behind while you were in your car? It usually happens at a stoplight or stopsign. Everything is nice and peaceful and BANG you get a terrible whack. Totally unexpected. Some damage to the car and maybe to you.
It might be a day or so later as headaches
start, dizzy spells and vomiting. Yuk! Best
thing is to be off to your chiropractor to have
This is somewhat like the stock market and
your portfolio. You are going along comfortably
relaxed and suddenly the market hits you from
behind. Totally unexpected. There is damage to
your portfolio and maybe to your peace of mind.
Could be headaches and vomiting depending on how
serious is the crash.
It's off to your broker or financial planner
to get things fixed. After you get there you are
shocked to find out he has no idea how to get
your money back. Yuk! He is supposed to be an
expert and this should not have happened in the
first place. You are about find out that brokers
and financial planners have been taught their
trade by the big Wall Street brokerage houses.
Their goal is not to make you rich but to get
rich off you. Can this be true? You betcha. You
will learn that advice from a broker is a eulogy
for your money.
It is not that your broker or financial planner
is dishonest. It is that he doesn't know that he
doesn't know. The methodology of Wall Street is
to get your money and keep it. Buy and never
sell. Brokers are not taught that cash is a
position. Think back. How much more money would
you have today if you had been in cash from 2000
to 2003? There are times when Buy And Hold is a
good idea, but there are also times when you
should be in a money market.
Your chiropractor will make an adjustment
to your neck and back and you will get off the
table feeling better. Your broker will suggest
adjusting your portfolio by selling certain
equities and buying others. The chiropractor may
ask that you have additional adjustments.
Unfortunately, unless you have a very large
account brokers forget their clients until you
are faced with another headache and call him to
make further “adjustment”. It doesn't help
unless he is aware of the general direction of
the market – up or down. Down he doesn't
understand and has not been schooled how to
protect your money.
The standard Wall Street medications of Buy
and Hold, Diversification, Do Research, Dollar Cost
Average and You Can't Afford to be Out of the
Market are a few of the poison pills prescribed
to investors every day. There are more standard
WS tablets and they will all make your portfolio
smaller over a period of time.
If you have either of these types of whiplash
you will need to find someone who knows the cure.
Al Thomas' book, "If It Doesn't Go Up, Don't Buy
It!" has helped thousands of people make money
and keep their profits with his simple 2-step
method. Read the first chapter at
and discover why he's the man that Wall Street
does not want you to know.