Misplaced Trust in the Stock Market and Smarter, Safer Ways to Invest
Blind Faith, Edward Winslow discusses in detail what caused
the latest Wall Street fiasco. In days gone by, the investors who
bought stock in a company could trust the board of directors to
look out for their interests. Then the stockholders were usually
the rich and powerful, whose wrath the directors did not dare incur.
times are gone. The typical investor is a middle-class person trying
to save enough for his or her retirement. Social Security will not
support them alone, so they turned to the stock market to grow a
savings that will carry them through.
CEO’s like Kenneth Lay, Michael Eisner and others whose chief
aim was not to make the investors’ money grow, but to line
their own pockets with as much as they could steal. We have all
heard how stock options, golden parachutes and the like have bankrupted
Enron and many other companies. The market is very little better
off than it was 100 years ago.
how do we prepare for our future without risking everything we have
to corporate thieves? Better yet, how do we stop the thieves? We
cut their lifeline. Don’t buy individual stocks unless you
have extra money to gamble with. Instead, invest in a copy of Blind
Faith and let Mr. Winslow teach you how to protect your investment.
He is a CPA and a financial planner with a lot of added training
and common sense.
book was an eye-opening education for me and will be for everyone
who wants to know how to invest wisely. I can also say from personal
experience that the investments he recommends do work. You can enjoy
the gains of the up market without losing in the down market. If
you truly want a secure retirement, read Blind Faith and
take control of your future.