As more products are developed and brought to Wall Street people are told they must diversify their portfolio and buy many of these products.
The question becomes – what value does the individual investor receive by doing this?
Better yet, is there any value for the individual investor to even have any of these products as part of their portfolio? I say there is little to no value for the individual to own any of these products. The only true value is for those who make these products and sell them to investors.
The value of control
By owning individual stocks one stays in control of their own portfolio, and can sell or buy as they wish.
Before I explain further you need to know something about me. My first experience with investing was purchasing 2 individual stocks in my high school years and watching them perform very well.
The seeds of success were planted.
It would be a few years before I became an advisor at a stock brokerage. When I began I was told I had to put money in products. This “advice” took me by surprise since I thought a stock brokerage was about stocks and I knew this approach would not be beneficial for my clients.
An opportunity came when the head of research came for a visit.
I asked him to teach me some more about how to buy stocks. He accepted. During the next year I spoke with him 5 days a week and learned the process of buying and selling stocks. He reminded me that at times I would be wrong, but as long as I was right more often than wrong all would benefit. Twenty five years has passed and the excitement AND the opportunity to uncover potential gems continues to inspire me.
So let me ask you: why are these products being touted by the brokerage firms and the media?
Because the public will buy them. The public has become programmed to accept what they are being told instead of thinking about out who truly is benefiting from taking their advice.
It is time to wake up and take responsibility for your own financial wealth.
Let’s have a conversation
Let’s get together, face to face or virtually. I will help you experience — and understand — how your money will grow in the world of long-term investments. Let me show you how much fun it can be!
Call me, Vicki L Wille, today at 702-878-9562. Or click the button below and…