How good are you at reading between the lines?
When Lehman’s CEO announced in 2007 that “the subprime implosion is a contained, isolated, and temporary event with little risk of wider fallout”, did you know that he meant exactly the opposite?
In April 2007, the heads of Morgan Stanley and Goldman Sachs claimed, “The worst of the credit crisis is behind us. The collapse of the subprime market in the U.S. has reached its eighth inning, or maybe top of the ninth.” It seems like financial CEOs know just as much (or little) about baseball as they do about running a successful brokerage.
We saved the best for last. On March 28, 2008, Citigroup upgraded Lehman Brothers to a “Buy”.
If you had put $10,000 on Citibank's bet, you'd be left with less than $100.
Have no illusions dear reader, when it comes to your financial future (and perhaps financial survival), you are on your own. While large, financial institutions - that have donated tons of money to presidential campaigns - might benefit from massive bailouts, you can be sure that NOBODY WILL BAIL YOU OUT!
You should be wondering:
What is the depth of the credit crisis?
What difference would a $700 billion bailout make?
Is there light at the end of the tunnel?
Is now a good time to buy?
Should I cash out and wait?
What if my broker goes belly up?
Will diversification do the trick?
Will my bank be safe?
Our Special Edition Financial Report provides detailed answers to the above and many other concerns.
Who will be the “next AIG”?
Will the government be able to bail out the “next AIG”?
Mainstream media won’t tell you that the Fed is running out of money fast (only 40% left) or that the world renowned U. S. Dollar, once backed by nothing less than gold, is now backed by mortgage backed securities!
The stock market has paralyzed many investors. Are you sitting on their hands or are you itching to get into the next ill-advised investment?
Just as farmers always keeps an eye on the weather when planting, ETFguide always looks at the big picture when investing.
In times like these, No ordinary Starbucks will do, you will need to step up for a six-pack of Red Bull.
The ETF Profit Strategy Newsletter will help you to get back on your feet.
Take charge of your 401k, IRA or brokerage account and find out how it feels to win again.
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