Why Don’t You Just Recommend It?

A long-time friend, subscriber, reader, from South Africa (Douw Smit) wrote in with a question:   “James, I love your daily emails along with the topics you discuss and especially your newsletter.   But why don’t you just recommend stocks for us to buy?”

 

That’s a good question, Douw.

 

And the simple answer is because we are not an investment advisory firm.

So, legally we cannot advise you to buy or sell anything.

 

However, when we highlight ideas or stocks that we like, we always include the following disclaimers:

 

• Before buying or selling you should consult your investment advisor…and not your Cousin Eddie.
• In addition, we also say how you should “Consider” looking at the following ideas, stocks, strategies, etc.
• But the fact that we like certain stocks or sectors of the markets does not mean they are suitable for you.
• We simply try to make a case for why we like something.
• And before buying/selling you need to determine your comfort level and/or if it is right for you.

 

Just Recommend It…

 

 

A recent example of an investment we like was how on October 28^th we wrote about crypto currencies and specifically highlighted XRP (aka Ripple) that was trading at $0.50.

Here’s a quote from the post along with the meme we included:

 

The XRP Ledger provides a ready-made infrastructure for CBDC deployment and interoperability. Several central banks explore the platform for potential CBDC pilots and implementations.

 

And now that the IMF is making it’s move on XRP (and XLM as well) the BRICS Economic Reset is in play.

 

 

 

 

READ:  Will the IMF Replace the Dollar With XRP? (HERE)

 

Since that article, XRP went from $0.50 cents to over $2.82 this week.

 

Will it crash?

 

Or will it be like Bitcoin?

 

We don’t know.

And we’re not recommending you take any action on it.

 

Why?

 

We’re not an investment advisory firm.

 

And yet most investors want someone to tell them to buy something that will go up 10-20-50-1,000 times in a short period and make them rich.

 

Sorry, it doesn’t work that way.

 

And unfortunately, most investors get caught up in the frenzy of Wall Street Traps and subsequently get their heads handed to them.

 

That’s why there are soooo many newsletters that brag about secret codes or even Bible quotes that unlock the keys to wealth and investing for anyone who follows their strategy.

 

To that we like to quote P.T. Barnum… “There’s a sucker born every day.”

 

At Financialsmatter.com we try to give you a picture of how Wall Street works “Behind the Curtain” so you are better equipped to navigate the minefields, courtesy of the Boyz in the “Club.”

 

See for yourself by becoming a monthly subscriber to our “…In Plain English” newsletter (HERE).

 

There are NO CONTRACTS or time commitments involved because you can cancel at ANY time (HERE).

 

Share this with a friend…especially if they want someone to give them a tip that will go up 1,000% before next week.  They’ll thank YOU later.

 

And tell them:

 

We’re Not Just About Finance

But we use finance to give you hope.

Support always welcome via the digital tip jar.

 

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