Jay Peroni offers the following royalty-free article for you to publish online or in print. Feel free to use this article in your newsletter, website, ezine, blog, or forum. ----------- PUBLICATION GUIDELINES - You have permission to publish this article for free providing the "About the Author" box is included in its entirety. - Do not post/reprint this article in any site or publication that contains hate, violence, porn, warez, or supports illegal activity. - Do not use this article in violation of the US CAN-SPAM Act. If sent by email, this article must be delivered to opt-in subscribers only. - If you publish this article in a format that supports linking, please ensure that all URLs and email addresses are active links. - Please send a copy of the publication, or an email indicating the URL to [email protected] - Article Marketer (www.ArticleMarketer.com) has distributed this article on behalf of the author. Article Marketer does not own this article, please respect the author's copyright and publication guidelines. If you do not agree to these terms, please do not use this article. ----------- Article Title: And You Thought the Odds Were in Your Favor Author: Jay Peroni Category: Personal Finance, Financial Planning, Stock Market Investing Word Count: 919 Keywords: financial planning, certified financial planner, wealth creation, investments, savings Author's Email Address: [email protected] Article Source: http://www.articlemarketer.com ------------------ ARTICLE START ------------------
When it comes to investing, most people who lose in investing do so, not because of ability, knowledge, or skills, but rather due to a series of poor decisions, bad advice, and critical mistakes. Many of which were completely avoidable! I have seen so many people take big losses, pay exorbitant fees, pay too much in taxes, and buy and sell at the worst possible times. If you have been unsuccessful at investing, chances are it's not completely your fault. Don't hear me wrong! I am a huge fan of personal responsibility and accountability. However, with bad advice being the norm, it is very difficult for the average investor to cut through the noise, to discern fact from fallacy, and make the correct choices. Here's the world you face: * Radio show hosts giving idiotic opinions on investing without knowing your situation * Arrogant journalists and publishers trying to sell newspapers & magazines giving you advice when they themselves have never had success * Billions in advertising dollars from major Wall Street firms dictating what's in your best interests when they're taking bailouts * Friends and family who also had been unsuccessful giving you investment and financial advice * TV shows with self proclaimed experts giving you rules of from in generic advice and expecting you to be able to do something with it * Online "idea of the day" bloggers giving you a smorgasbord of financial advice which may or may not have good advice, but certainly not tailored to your specific unique needs. * Commission hungry financial brokers, advisors, or planners selling you products and services over advice and solutions And you thought the odds were in your favor? It is no wonder during the panic of 2008 and 2009, all the life savings of millions of Americans plummeted in value. Where was the alarm bell? Someone surely must have seen this coming? The truth remains that most Wall Street firms have no clue what the markets will do from year to year. Yet many investors trusted their advisor or firm to protect them from taking the kinds of losses that took place. Even with the substantial losses, many more mistakes are taking place. I have seen so many people stricken with fear, standing on the sidelines, wondering when the recovery will take place. The markets have advanced over 50% from the low point yet many people still wonder when the market recovery is going to take place. Too many impulsively make bad investment decisions and create further predicaments because they don't know what else to do. They long for solid and practical advice yet have no clue where to find it. So where do you turn? Rather than running from advisor to advisor, changing accounts from firm to firm, or seeking a savior, other than The Savior Jesus Christ, it starts with your education. You can't expect someone else to bail you out of trouble. It all starts with you! You have the power to change your financial future if you are willing to put in the time energy and effort. There is no one-size-fits-all solution. The truth is there is no shortage of good ideas: Stocks, bonds, real estate, options trading, commodities, exchange-traded funds - there are dozens of ways to invest. Chances are you've probably tried some or many of these options. How successful have they been? If those ideas made you rich, why are you reading this? Benjamin Franklin once said, "An investment in knowledge always pays the best interest." With this in mind, my life's focus is dedicated to helping people like you make an investment in the most important place: YOU! Your education is the key to your future success. If you want to grow your wealth, you cannot keep doing the same things you've done in the past and expect different results. You probably tried a lot of ideas with little to no success. This is okay. In fact better than ok, it's perfect! Perfect because you've seen what hasn't worked and you now know there has to be a better way. I Found A Better Way! Throughout the past 15 years, I have been managing millions of dollars for people just like you. I've spent years studying for the CFP designation, years getting my masters degree in financial planning, and working for some of the largest firms on Wall Street. Then finally I had enough! I was tired of working for firms that claim to have the best interest of their clients at heart but their decisions clearly indicated otherwise. The chain of command often does not work in your favor. If your firm is publicly traded, shareholders come before you. If you invest in mutual funds, your manager gets paid whether he makes you a dime or not. Mutual funds spend billions each year selling you product yet very few outpace their benchmark. If you invest at a bank or credit union it's often about fee revenue more so than making you money. If you invest with an insurance company often it's about making a commission and there is little incentive for servicing your account. In the end, it boils down to the fact that you need to educate yourself. Do some homework; check out the advisors you are considering working with. You need to be involved in your investment decisions and not just implicitly trust an advisor with your money without ever asking a question. Doing these things will turn the odds in your favor and pave the way to your financial security and success. Jay Peroni, CFP, and author of The Faith-Based Millionaire and The Faith-Based Investor. Jay is also the founder of http://www.FaithBasedInvestor.com, a faith-based investing newsletter and the founder of http://www.ValuesFirstAdvisors.com a firm dedicated to faith-based financial planning. ------------------ ARTICLE END ------------------ [Non-text portions of this message have been removed]
