Thursday, February 09, 2012

 
 
 

 
 
 
 
 
Goldman Sachs alumnus reveals what every retiree must own today
Advertisement
Thursday, March 26, 2009
Text Size: increase text size decrease text size

By Dr. David Eifrig in DailyWealth:

...as many folks are finding out these days, Wall Street couldn't care less about returning your capital. In addition to the $150,000 cars and million-dollar New York condos, Wall Streeters are far more concerned with keeping their clients ignorant. This keeps their "fee faucet" flowing day and night. I saw this mindset every single day when I worked on Wall Street. That's why my No. 1 job is to protect my mother and my readers from big money mistakes.

It's also why I dedicated much of my most recent issue to saying (not in these exact words), "Mom... it's still too dangerous to buy stocks right now. You're retired, and stocks just aren't safe enough or cheap enough for your money yet."

Read full article...

Crux note: Dr. David Eifrig is the editor of Retirement Millionare... A newsletter that helps people lead a richer and healthier retirement. Learn more about Retirement Millionaire.

Topics: Stocks
Facebook RSS Feed

 
©2012 Stansberry & Associates Investment Research. All Rights Reserved. Protected by copyright laws of the United States and international treaties. This website may only be used pursuant to the subscription agreement and any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of Stansberry & Associates Investment Research, LLC. 1217 Saint Paul Street, Baltimore MD 21202.