CW Blogcast 48 - Stocks are extinct assets.
Description
As you may know, we at Platinum Properties Investor Network believe that real estate, income properties specifically, are the premium investment asset in the world. It vexes us mightily to realize that millions of hard-working Americans are coming home from a day’s work to plop themselves down at the computer and see what their stocks have done that day.
We can already tell you the answer to that without even looking – up, down, sideways. Forward two steps, backwards two steps. It’s all over the place. What is this supposed to be? A retirement plan or a salsa dance? Hard to tell the difference.
The problem, as you may or may not have surmised, is that the stock market of today has fundamentally changed from the stock market of the 1940’s and 1950’s. Back then, dividends were the name of the game. A small investor could make regular investments in a blue chip company and, over the course of a lifetime, amass a comfortable retirement nest egg through dividends and appreciation.
These days, all joking aside, putting your money in the stock market is more like hitting the casino in Las Vegas. Dividends are paltry. The only people getting rich on Wall Street these days are the ones sitting across the table from you. You know who I’m talking about – brokers, advisors, bankers. They wave shiny brochures in your face with one hand while helping themselves to more cash from your pocket with the other.
This is no way to invest. You will exit this life a sad, frustrated soul if you continue to believe the lie. We’d like to introduce you to the truth about how to create life changing wealth no matter your age or experience level. Call our expert investment counselors at 714-820-4200 and prepare to look behind the curtain.
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