Slowly Killing Of The Money Vampires

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Manage episode 164401290 series 1063725
Por Joshua Belanger descubierto por Player FM y nuestra comunidad - los derechos de autor son propiedad de la editorial, no de Player FM, y el audio se transmite directamente desde sus servidores. Presiona el botón de suscripción para rastrear cambios en Player FM o pega el URL del feed en otras aplicaciones de podcast.
I feel like a hypocrite saying this because I loathe financial institutions, but I got back from making a deposit. The reality is that there are no other great options available. It's similar to the current U.S. Presidential Election. Good hearted people are working at these places, but the whole operation is made to nickel and dime us slowly. I'm not sure why JP Morgan would publish this, but I just read that investors have taken out nearly $106 billion out of actively managed equity funds in 2016. It's a large number, but overall it's not that much to tip the needle on money under active management. However, it could be a signal that people are starting to have the confidence to manage their money themselves. Though the money has moved into passive index funds, the message and teachings I and others provide become more important than ever. That's the first step, but money flows and it could flow back. My goal is that I don't want that money to flow back. The good that has come from the FOMC keeping interest rates so low is that it's causing people to look outside the ordinary investment vehicles to achieve returns. It has been a setup back from some, but I think an overall advancement in finance literacy with people having no choice but to take back control of their future. These money vampires won't kill themselves; they are hiding waiting for that moment of weakness. They know you will be back or will get fed up. However, you have to make that promise to you and your family and put that stake in their heart today. By making the commitment that you're in control of your investment decisions today! It's not going to be easy at first, but it's not as hard as you think because we can do it together. The first step in your journey to acquiring the knowledge to think and investment differently with using options can be found in this book: https://sizzle.samcart.com/products/fiwo-book To your wealth, freedom and options! Joshua Belanger

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