Intelligent Investor
October 2011 US Stock Market Forecast $99
October 2011 Global Economic Analysis $99
October 2011 Commodities, Currencies & Precious Metals Forecast $49
November 2011 Commodites, Currencies & Precious Metals Analysis and Forecast $99
November 2011 Emerging Markets ETF Forecast $99
November 2011 US Stock Market Forecast $199
November 2011 Global Economic Analysis $99
UK Economic Analysis: Risks to the Housing and Banking Sectors $50
December 2011 U.S. Stock Market Forecast $99
December 2011 Emerging Markets Forecast $99
December 2011 Commodities, Currencies and Precious Metals Forecast $99
December 2011 Global Economic Analysis: The Big Picture $99
Telecom Industry Analysis: Industry Dynamics, Risks and Opportunities, November 24, 2011. Cost: $49
Canadian Oil Trusts: Simple Valuation Methods. Cost: $99
U.S. Royalty Oil & Gas Trusts: Valuation Analysis. Cost: $150
Global Pension Risk: Part 1. Cost $75
Global Pension Risk: Part 2. Cost: $75
Global Pension Risk: Part 3. Cost: $75
Europe's Deflationary Future. Cost: $199
Market Valuation: Methods and Analysis. Cost: $199
China: Risks & Opportunities. Cost: $199
January 2012 Global Economic Analysis $99
January 2012 U.S. Stock Market Forecast $99
January 2012 Emerging Markets Forecast $99
January 2012 Commodities, Currencies and Precious Metals Forecast $99
U.S. Stock Market Forecast Update January 26, 2012 (Cost: $50) |
| Wall Street Wins, You Lose; AGAIN |
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Today we have yet another case whereby the SEC has reinforced the precedent of securities fraud. This sickens me to the bone. http://www.latimes.com/business/nationworld/wire/sns-ap-us-ge-sec,0,3609534.story Has anyone stopped to think about the implications of this fraud? Remember, GE committed securities fraud which is a criminal offense. This misled shareholders and ultimately resulted in losses for those who owned the stock. This type of permissive behavior accounts for why the dotcom charade happened, why the current real estate and banking heist happened, and why the future ensures more widespread collapses will occur. GE's CEO and CFO should face prison time, along with the executives of hundreds of other corporations that have engaged in securities fraud. If these corporations were based in Japan or Canada, you would likely see the executives in prison, as was the case for Nortel's securities fraud. Fining a company a few million dollars for committing shareholder fraud does absolutely nothing to punish those responsible. The only thing it does is establishes a moral hazard to repeat these criminal acts. And you can be assured they will be repeated over and over. This might like a crazy statement for someone who offers an investment newsletter service, but the best investment advice I can offer is that if at all possible, you should stay out of the stock market forever. The problem is that most Americans have been linked to the market via 401(k) plans and other retirement plans that provide little if any other investment options. Demand your employer provide the option to buy CDs in your retirement plan, and open an IRA with a financial institution that has CD products. Certainly, I am not suggesting you should buy CDs now (although you probably have about a year before interest rates move considerably). What I am suggesting is that if all possible, you need to stop playing a game designed for Wall Street, by Wall Street, because in the end, you're unlikely to win.
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