Brokers target Early Retirees

[RetireeRobert]

My cab driver yesterday told me that if he had a million, he would invest it and make 2 million, and then 4 million, without buying a new car, new house, or anything like that first. This did not appear to be an educated or under-employed person. He said he was working on building up to that first million. So if you're right, then I would conclude that that doesn't bode well for the market!

And the market in fact has since dropped how much more?

 

[wcv56]

A person must apply themselves most effceintly.
I learned after many years of being in the working
force and reading more and more on investing that
2% in fee's would save me from myself or less risk and better gains. I changed to researching about good managers and funds.
What I decided was right for me was hedge funds and a few mutuals. I like a hedge fund that can be anywhere they see value
with lower risk or out of the market 100% if they think best.
I guess the mutual funds that must keep so much money invested at all times is fine for a bit of my investments but I prefer a good hedge fund that makes the choices of when, what and where. I am best at one job at a time and it is not buying and selling investments at the right time. I realize the global markets is much more than what I can grasp safely.