From the desk of Denver Nowicz - Owner - Equity4Profit.com
Dear Investor,
The wealth building options we discuss on the retirement account section of this website function with what is called Passive Investing. They use a simple formula to track the performance of a stock market index – like the S&P 500. All the money you put in and any market gains you receive each year lock in and cannot be lost in future years due to market downturns. This is guaranteed. This is the best way to grow your funds over time.
No fund manager, broker, analyst or planner is required. The funds manage themselves. They work automatically. Consequently, there are no sales charges or fees of any kind.
Although they don’t like to talk about it, Wall Street knows that 95% of fund managers can’t beat the market, and the 5% that do, can’t do it consistently. Even Warren Buffett said “The best way to own common stocks is through an index fund that charges minimal fees. Those following this path are sure to beat the net results (after fees and expenses) delivered by the great majority of investment professionals.”
Here are some more important quotes you probably will not see elsewhere:
Stanford University’s William Sharpe, 1990 Nobel Laureate economist and professor emeritus of finance at the Graduate School of Business said “Don’t try to beat the market, and don’t believe anyone who tells you they can—not a stock broker, a friend with a hot stock tip, or a financial magazine article touting the latest mutual fund.”
Burton Malkiel, formerly dean of the Yale School of Management and now a professor economics at Princeton and author of the classic A Random Walk Down Wall Street. The book, which you’d be unlikely to find on any broker’s bookshelf, suggests that a “blindfolded monkey” will, in the long run, have as much luck picking a winning investment portfolio as a professional money manager.
Senator Peter Fitzgerald (R-Ill.) called a hearing before the Subcommittee on Financial Management, the Budget, and International Security, and said this in his opening statement: “The mutual fund industry is now the world’s largest skimming operation—a $7 trillion trough from which fund managers, brokers, and other insiders are steadily siphoning off an excessive slice of the nation’s household, college, and retirement savings.”
David Swensen, Yale University’s investment portfolio manager and author of Unconventional Success said “Invest in nonprofit index funds, your odds of beating the market in an actively managed fund are less than 1 in 100.”
If you would like passive, boring, no fee investing that gives you great upside market potential without risk visit the retirement account section of our website.
My job is simply to help match the right type of account to your particular situation. As an independent broker I get paid by referring business to the different financial service companies. I do not charge you any fees and the companies I work with do not charge you any fees.
Feel free to call me anytime if you have questions.
Warm Regards,
Denver Nowicz
Owner
Equity4Profit.com
480-970-5663
