Wall Street Wants You To Pay More

In recent years, there has been more attention placed on the fees public pension systems pay Wall Street money managers—some of which are not publicly disclosed. You can do well without Wall Street's financial guidance, which is a crucial fact that they want you to remain ignorant of. If you think that because you don't know much about investing, you must pay a lot of money to professionals to manage your money, reconsider.

Here is a short clip on The Pension Crisis Is So Much Worse Than We Realize | Ted Siedle

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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?

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