{"id":21239,"date":"2023-09-27T07:30:23","date_gmt":"2023-09-27T11:30:23","guid":{"rendered":"https:\/\/www.jeffclarktrader.com\/?p=21239"},"modified":"2023-09-27T07:30:23","modified_gmt":"2023-09-27T11:30:23","slug":"wall-streets-457-billion-lie-is-costing-you-time-and-money","status":"publish","type":"post","link":"https:\/\/jeffclarktrader.com\/market-minute\/wall-streets-457-billion-lie-is-costing-you-time-and-money\/","title":{"rendered":"Wall Street\u2019s $457 Billion Lie Is Costing You Time and Money"},"content":{"rendered":"

Jeff’s Note: <\/strong>Our colleague Teeka Tiwari spent 15 years on Wall Street learning their exclusive money-making strategies. Now, he’s going to flip their most powerful technique against them… to help everyday investors close the wealth gap<\/a>.<\/p>\n

You see, Wall Street’s quietly been collecting 64 cents on every dollar they make for you. So, it’s no surprise they want to hold onto your money as long as possible.<\/p>\n

But on September 28 at 11 a.m. ET, Teeka is revealing all the details on how you could break free and make potentially decades’ worth of returns in the next 90 days. To learn more, click right here<\/a>.<\/p>\n

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Today, I want you to try a thought experiment…<\/p>\n

Let’s say you own a business… And your business model depends on people keeping their money under your management.<\/p>\n

Simply by holding<\/em> their money, you’d generate commissions and fees.<\/p>\n

Now, wouldn’t it benefit you to do everything within your power to convince people to keep their money with you for as long as possible?<\/p>\n

It makes perfect sense, right?<\/p>\n

Now, what if I told you the amount of money you’d hold “under your management” would generate $457 billion<\/em> in fees.<\/p>\n

You’d never give up a gig that good.<\/p>\n

Here’s why I’m asking you to conduct this thought experiment…<\/p>\n

In yesterday’s Palm Beach Daily<\/em>, I explained how the government has created a $50 trillion wealth gap between the richest Americans and the middle class and the poor. (You can catch up right here<\/a>.)<\/p>\n

Today, I’ll show you why Wall Street will never let you close this gap.<\/p>\n

Wall Street’s Great Lie<\/h2>\n

Friends, I want you to forget the limitations Wall Street has conditioned you to believe about investing. Because it’s all been done to serve their interest.<\/p>\n

I’m going to show you how they really make their money.<\/p>\n

And when I reveal how this works… It will blow your mind. It will also make you angry.<\/p>\n

Wall Street has made you a simple promise: Give them your money… Let them invest it in stocks, bonds, and index funds… And be patient.<\/p>\n

Over time, the money they invest will help fund your retirement.<\/p>\n

Now, let’s scrutinize that promise they made to you.<\/p>\n

Over the past 10 years, the S&P 500 is up 168%.<\/p>\n

That sounds pretty good, right? You’ve almost tripled your money. Many people will be satisfied with that.<\/p>\n

But using just one secret, Wall Street could have made the same 168% gain in just 24 days<\/em>.<\/p>\n

Think about that. You<\/em> have to wait a decade. Yet for Wall Street, it takes just three weeks.<\/p>\n

If we could hit our financial goals so fast, we wouldn’t need Wall Street.<\/p>\n

So why won’t they reveal this secret to you?<\/p>\n

Because the longer they hold your money… The more fees they can keep siphoning off the top.<\/p>\n

I worked on Wall Street for 15 years. And I can tell you for certain, fees are its lifeblood. The amount of money they make from fees is insane.<\/p>\n

According to our research, Wall Street firms make at least $457 billion a year in fees.<\/p>\n

I’m talking about performance fees… incentive fees… fees you don’t even know about.<\/p>\n

You don’t have to take my word for it. Just look at these recent press clips.<\/p>\n