Discover How Wall Street
You can take this as a guarantee- Wall
Street does not work the way Wall Street says it works.
How Wall Street works can
be seen in two of their many business models.
The first model has Wall
Street trading for their own account. They do this as
specialists, market makers, and traders seeking high returns
from small risks with minimal capital exposure.
A second way Wall Street
works is by generating commissions. Wall Street gets relatively
consistent and predictable cash flow by suggesting and
implementing trades for others.
These constant trading suggestions
are not just from a broker on the phone. Wall Street also
uses supposedly third party information such as a summation
of the days action - provided by Wall street to the media.
Wall Street also provides photogenic analysts that help
move investors in and out of investments by their constantly
They have other business
models such as investment banking. The Wall Street business
model aimed squarely at your assets however is commissioned
Learn to understand markets
for yourself - make your own decisions. This alone will
keep your nest egg from shrinking due to turnover.
If someone calls with an
investment idea - ask them to mail you the particulars.
If they say there is not enough time or they can't do
that -- hang up the phone. If they say they will send
you material - tell them if and when you are ready you
will call them back.
No one cares more about
your persoanl finances than you do - unless they plan
to take your money.
Wall Street is very profitable
- for Wall Street. If you want to profit in the markets
you will have to be in control of your own speculations.
If you have asked how Wall
Street works here is your answer:
Wall Street works on investors money.
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