Financial tricks that backfire

Weird (and probably offensive) news headline reads: “Bummed For Burgling”

Subhead: “Hapless Thieves Break Into Home of America’s Most Prolific Gay Sex Predator.”

Two burglars burgle the wrong home. Apparently, their “easy target” was a notorious criminal known simply as “Harry The Wolfman.”

Anywho, these two burglars break into this dude’s home and as they’re getting their burgle on, the “Wolfman” comes home, catches them in the act so to speak, and overpowers them.

He then proceeds to tie them up and use them as his personal — ahem — “slaves” for the next 5 days.

Real Pulp Fiction stuff, if you know what I mean.

They probably would have been better off in jail.

The only reason the cops found out about it was because some neighbors heard a lot of screaming…

Police said the burglars were “utterly broken.”

Psychologically and physically.

Now that’s what I call the ultimate penalty for choosing a life of crime.

These two burglars were looking for easy munny…

A shortcut.

And for a lot of criminals it “pays off”…at least in the short-term.

But it eventually catches up with them. Just like these two poor saps.

And so it is with investors.

Soooooo many people look for the quick and easy way to accumulate a massive savings. Sometimes, for some people, it works out…

For a while…

But eventually it comes crashing down all around them.

Now, obviously, these investors aren’t criminals…

But…

That shortcut mentality is the same…and produces the same results.

Stock options…KaBOOM!

Forex…KaBOOM!

Penny stocks…KaBOOM!

Fancy mutual funds…KaBOOM!

…and so on.

Now…the money managers? The people collecting fees on the transactions and managing the money? They make out VERY well. Market is up? Market is down? It doesn’t matter.

They make money. Not a lot at first. In fact, it can seem like a pitiful amount in the beginning…but after a few years, it snowballs. Eventually, it dwarfs what any investor could reasonably make.

…and that’s what I’m teaching in my upcoming webinar.

How to be the money manager instead of the hapless investor.

Get on the email list if you want in.

Monegenix.com

David Lewis

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.