Education is not something that stops when you graduate from school. It is an ongoing process, but requires an open mind. Every subject, new and old, must be examined in light of facts previously not known or previously rejected. This is a very difficult process.

Nothing should be accepted without questioning who presented it and why. Today’s political arena is a great example. What is being said is not as important as what has the person saying to gain and do they believe it. Putting the “fact” under a microscope reveals more than shows on the surface. The revelations may dispute long held ideas.

In the field of finance we find the great majority of brokers are intelligent, but do not know how to make money or protect their clients’ portfolios. No, they are not stupid. They have ceased to think and to examine the rules of investing or to learn new systems applications and methods. Every customer wants a broker who will make him money.

The major problem is they are not taught how to protect investors funds because Wall Street brokerage houses do NOT want them to know. They are brainwashed with a set of rules – Buy and Hold, Dollar Cost Averaging, Do Research, Diversify, etc.,etc. that do not work when examined closely. They actually believe this nonsense.

I can say this because I was an exchange member for 17 years and floor trader using my own money not just other peoples’ money. I also founded and owned a large brokerage company and have hired 300 brokers.

They are honest, but stock brokers and financial planners have turned off the lights in their heads. They no longer question the why of what they are doing. Furthermore, what they have been taught is what benefits the company and not the clients. It should be the other way around.

In defense of the brokers it is a fact if they do not develop a large book of business that follows the Wall Street doctrine they will be fired. The little investor – one with less than a large 6-figure account – is of no concern to the big brokers.

Pay no attention to the words of what they say to the Investor; look only at what they do. This applies equally to medical doctors and politicians. Sorry, docs, I have to throw them in too as there are hundreds of cures for cancer and heart disease that have been suppressed because there is no money in a cure.

The investor must fight through the wall of ignorance that has kept him from becoming wealthy. He will get no help from his broker because the broker doesn’t know that he doesn’t know.

Not to overcome ignorance is stupidity.

Al Thomas' book, "If It Doesn't Go Up, Don't Buy It!" has helped thousands of people make money and keep their profits with his simple 2-step method. Read the first chapter at http://www.mutualfundmagic.com and discover why he's the man that Wall Street does not want you to know. Copyright 2006 All rights reserved.

Copyright 2007 Albert W. Thomas All rights reserved. Author of "IF IT DOESN'T GO UP, DON'T BUY IT!"