The truth About Wall Street

More than 15 years ago, I started my Retirement Millionaire newsletter. It did much better than I expected.

In Retirement millionaire, I cover the same ideas as in Health & Wealth Bulletin, but with more detail and specific stock picks.

My core belief – the reason I began writing – connected with thousands of people around the world…

Don’t rely on Wall Street and Washington to help you.

Today, many years later, I write five newsletters where I share my decades of experience in the financial and health industries.

Here’s a big secret I learned on Wall Street: you earn more money by promoting the positive side of things than by being realistic.

Wall Street makes the most profit by selling popular stocks and bonds, no matter how good they are. Selling a lot is more critically important than selling quality investments.

Wall Street made a lot of money in the late 1990s by selling bad tech stocks to the public.

It made even more money from 2002 to 2007 by selling risky mortgage investments to the public. And it knew these investments were likely to fail in the long run.

But bonuses are based on short-term profits (selling a lot) rather of long-term success (quality investments). In 2007, Merrill lynch paid CEO John Thain $83 million… right before the company nearly failed. He even spent $1.2 million redecorating his office. It’s true.

This focus on quick profits leads many advisors and analysts to give bad investment advice. They focus on what makes them money now, not what will help investors over the long term.

If you wont to protect your money – and don’t assume Wall Street cares about your success – you need to educate yourself.

that’s why, five years ago, my company hired someone who had just finished 20 years at some of the most accomplished hedge funds in the world.

He managed hundreds of millions of dollars daily, designed trades to maximize potential profits while limiting risk, did in-depth research in over 20 countries, and tracked foreign markets around the clock…

But then he left Wall Street.

That’s good news for you.

His smart approach isn’t tied to any specific industry or market. It’s based on decades of making