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“Remember, the emperor has no clothes on Wall Street! September 24, 2008

Posted by shaferfinancial in Uncategorized.
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I find it amusing the loops in peoples brains.  Financial experts have failed at their prime directive to help me to build true wealth, so I will listen to their advice, once again.  Yes, breaking from the herd is a very difficult thing to do.  As Warren Buffett said, "Remember, the Emperor has no clothes on Wall Street."  We are now getting a taste of what Wall Street is really about.  They privatize their profits (through unreal pay and bonuses) while socializing their losses!  Rest assured this isn't the first or the last time this will happen.

I will continue to yell this at the top of my voice.  If you are trusting Wall Street and their sales people (think financial planners) to take care of your money and make you wealthy, then you are blind to the reality of what Wall Street is.


Tigers don’t lose their stripes (and teeth), sharks don’t stop eating, and Wall Street won’t stop using your money to make themselves rich!

Call me or contact me through www.shaferwealthacademy.com.  At least we can have a conversation about where you are and where you want to be.  I promise you I won’t bite!  That phone conversation can be your first step away from the sharks!



1. investmentblogger - September 25, 2008

Couldn’t be said any more directly Dave! People need to really wake up and take a look at how Wall Street works!

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