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The business of investing, as it has been redefined and popularized today, starts with the investment contradiction that investors generally need to be, no, must be, patient and accumulate quality investments over time while financial institutions and their legions of stockbrokers and advisors need to create commissions by promoting a continuum of change. 

Wall Street has clouded the central investment issues with "assembly line" investing and "tabloid" investment promotions in a never-ending quest to justify transactions, to create commissions, to quench a voracious appetite for revenues, to retool from a commission-based, transactional business to a fee-based (we get our money no matter what happens) business, and to stabilize revenues by leaching off of the investor's capital regardless of the state of the financial markets.

 

Wall Street has marketed and continues to market contrived, "fad," even predatory investment products that give the appearance of value added to clients and create the illusion of benefit for the investor by "combining, diluting, wrapping, and managing" the basic financial instruments as hybrid financial instruments.

 

Wall Street investment advisor/stockbroker training generally focuses more on the marketing, gathering, and moving of capital than on the advising, building, and protecting of capital.

 

Most of their advisors/stockbrokers have devolved from being fiercely independent, self reliant, skilled investment advising practitioners to being investment advising generalists who are merely superficially and conversationally competent in many wealth management related issues and masters of none.

 

Investment value is often measured more in terms of how an investment strategy and/or investment product will make money for the firm and their advisors at the expense of the uninformed investor. 

 

Investment "sales" often depend more heavily on investor ignorance than investment merit. 


Core investments include bonds, equities, real estate, commodities, coins, and precious metals. When these investments are 'packaged' into 'new and improved' investments or 'unpackaged' as derivatives by Wall Street's marketing 'imagineers,' the value added most often accrues directly and immediately to investment firms and advisors in the form of increased revenues for the former and increased commissions for the later; but, without adding substantive investment value for investors at any time while, in most cases, masking added investment risk.

 

No matter how attractive (and expensive) the wrapping, the financial markets are comprised of cash and equivalents, bonds, equities, real estate, coins, precious metals, and commodities.

 

Accept no substitutes!