Guaranteed Way To Build Wealth

Investment firms pursue different strategies in their efforts to earn ever inceasing profits from investors. For example, they use mass media to spread the myth that buy and hold strategies are the trademark of successful investors, simply because buy and hold strategies result in increased asset management fees for the investment firms. Most individuals do not like to think much before making investment decisions. They often end up making ill-judged decisions about how to invest money on the basis of some sound bite or headline from the financial media. This is because it is easier to be told by someone else what to think than to do it yourself.
Another myth that is very popular in investment circles is that the more you pay an investment advisor, the higher your returns. Investment advisors having $100 million portfolios under their management are regarded as somewhat superior. They would most likely be the top auto salesmen, or top real estate salesmen if those were their professions of choice. As a matter of fact, more often than not, they have people hand over huge amounts of money to them, simply because they have a lot of capital under their management.
Your first thought in hearing the above comments may be “but, if someone has $100 million of assets under their management, it follows surely that they must be competent.” Well, that is not necessarily the case. Most financial consultants employed by big global investment firms are nothing more than middlemen. You give them your money, and they simply hand it over to another manager who handles their clients. These financial middlemen are commonly known as stock brokers because what they do is broker your money without adding any real value to it. What this means is that you would do as well to hand your cash over to a 22 year old fresh college graduate because he or she could probably do the same just as well. That is not to say great financial advisors do not exist, because they do. They are just not in abundance.
Subliminal messaging is definitely an important aspect of the approach adopted by financial institutions to get people to hand over large sums of cash to so called financial advisors who appear to be extremely successful. Most people are easily impressed when they see a man or woman dressed smartly and driving an expensive car. As foolish as it may sound, this has a huge impact over the investment decision-making of many people.
Therefore, the message of this article is, if you want to build wealth through investment, you must look to invest in yourself. It is important to study the complete investment system, so as to avoid being misled by those charlotons that rule the global investment industry. Invest in the knowledge that will enable you to trust your own instincts as this is the best and only way you will come to making sound investment decisions.

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