Connect with us

Why The Financial “Industry” Can Be A Bad Idea – And How To See Through The Maze

Published

on

After my mother died, I inherited a nest egg that was the result of my father’s hard work over 30 years, which put me in the position of being approached by a series of “financial advisors.” They invariably promised to help me “invest” this money wisely. Fortunately my father had been both an economist and treasurer of a large travel agency, so he had provided me with a sound financial philosophy, solid practices and a healthy distrust for both Wall Street and investment “experts.” He had also retired successfully in saner economic times.

advertisement - learn more

When he stopped working full-time banks were paying above 6% interest on savings. When I inherited his life savings, a return like this would have enabled me to live quite comfortably, especially since I was able to earn money as a tech and business writer. But many of my friends were “day trading” and the stock market was hot so I began to get visions of the high life.  Since I was in the high tech arena I tried to leverage what I thought was my insight into some quick gains, with very mixed results.

So I sought out the help of some “experts,” bearing in my mind many of my father’s principles:  minimize risk, save money, and don’t buy in “installments” (credit).

So – only one of the following men was a “brilliant economist” (the one on the right, my father)
— the other was the Fed Chief that deregulated the markets.

twomenGetting involved in the “financial world,” what I found was an “industry” that had more confusing jargon than even the technology world in which I worked —and an agreed upon set of rules and agreements. One of these was that over the “long term” stocks would outperform bonds, real estate and simple savings (which were seen as sucker accounts) and that this was a “proven fact.”

The problem was, of course, that no one knew exactly what the long term was; if you were 30 years old you could be realistically expectant that you might have a long term perspective until you were maybe 60 –but of course even this wasn’t guaranteed –you could drop dead at anytime.

advertisement - learn more

After buying a few stocks and losing my ass, I soon discovered that “the long term” was really a euphemism for “hoping the shit would recover.”

Still financial advisors tried to convince me of “known truths” like:

  • The need to set financial goals
  • The need to diversify
  • The wonders of asset allocation

They did not appreciate that my father had impressed upon me the need to see the stock market as a giant craps table –and the longer you risked your money,  the more likely you were to lose.

There was only one goal for me which I expressed thusly:  “My goal is to make the most money in the shortest time with no loss of principal.” But financial experts were not particularly impressed with this concept. They tried to explain that “financial goals” were dependent on “time horizons,” “risk tolerance” and similar terms that I thought were pure bullshit.

expertsFinally I bought into some of this when a friend recommended a seasoned broker at Smith-Barney in Boston, who shifted me over to her assistant who promised to make money for me with “solid companies” and he put together a portfolio of blue chips. One of these was Microsoft, which soon faced a very serious anti-trust judgment in European courts.  I mentioned this to my expert who told me not to worry because I had a financial profile that kept me in my stocks for “the long term.” I tried to argue that Microsoft might lose quite a bit of its value the following week, and I wanted to sell my shares and maybe buy them back cheaper, but he assured me that this went against my profile.

I listened to his malarkey for about an hour, tried to use common sense, and finally hung up with the idea that maybe, just maybe, the nonsense he had spewed was right and I was wrong. Sure enough Microsoft went from $80 a share to $30 over the next month, and it just recovered slightly recently (20 years later).  I lost enough in value that I quit that expert and left Smith-Barney.

In comparison with this brilliant approach, my father was a believer in something called “compound interest.”  This means actually putting away money you earned  and letting it grow according to the following system:

Compound-Interest-Chart

He also believed in another principle:  “Don’t Buy Shit You Can’t Afford.” This meant that I was the last kid I knew to have a color television in the living room, but I also never knew a day when my family was ever in debt.

After college I could not believe how my friends recklessly ran up credit card bills and later got involved in complicated real estate deals that put them in hot water. I never got rich but I always made the rent and lived well. Then when I inherited my father’s hard earned savings, and got burned a few more times in the “financial markets,” I bought a condo and kept working. I didn’t pay much attention when Congress passed “financial deregulation” or the Gramm-Leach-Bliley Act in 1999, until I witnessed the real estate bubble, and near financial collapse of 2008, and the credit default swaps and massive debts and bailouts of “financial institutions.”

While many people suffered terribly, my main clue to what had actually happened was that banks suddenly didn’t need to pay any interest to savers.  Where my father had earned 6% compound interest on his savings, I suddenly could earn nothing in the bank. The reason for this was the “financial stimulus” – or the printing of completely worthless currency. This was the inevitable result of decades of fraudulent activity, and a transition from using “capital” as a way to create real wealth and value to simply a way of multiplying phony electronic “currency” on a computer screen.

And of course through such “deregulation,” the banks had effectively become casinos –now merged and partnered with investment brokers and insurance companies – they traded complex and risky “instruments” like derivatives and were “too big to fail.”  But of course they did fail –and were bailed out again and again with more funny money.

And now, suddenly when I again tried to avail myself of the wisdom of financial experts, I was “advised” that I had to take “reasonable risk” to earn a return and not deplete my savings. But I was approaching “retirement” – mainly because no one wanted to hire an old fart like me anymore -so now I was anxiously looking for passive income.

At this point, when I was asked for my goals I simply said, “to not end up on the street when my money runs out.”  Another way to put this was that I no longer had a “long term” time horizon. A friend of mine, in his 80’s had bought into the “long term” myth as well.  Unfortunately his “long term” ended in 2008 and he lost all of the gains his “expert advisors” had accumulated. He sold at major losses, terrified and to avoid losing more, and of course his holdings would have recovered eventually, but he needed safety and was screwed.

The question for me was a bit more palatable.  Having finally gotten through the acute anxiety of thinking the entire financial system would surely collapse, after amassing $3 trillion in debt that could never be paid back (and it was still printing worthless money), I decided to concentrate on the present moment, rather than the long term.

I listened to Eckhart Tolle, and my friend Michael Jeffreys, and realized that in “the present moment” I was fine.

But I wanted to understand how this “financial system” really operated so that I would not be victimized and sought out by other “advisors.”  I figured maybe someone had an answer for my situation that I had failed to discover. One advisor my own age admitted that I was screwed if I wanted a safe return that I could actually live on; “reasonable risk” even in bonds meant that I had to accept the potential loss of as much as 20% of my principal at any time in the future due to an unexpected event.

My alternative was inflation and running out of money when I was drooling in a nursing home. And as I explained to women who wanted me to take them to Paris or Hawaii, I was not rich but I was solvent. I could take them to Paris or Hawaii if I died in 10 years, but if I lived another 20 (I’m 65) I needed to save a bit more, and if I lived as long as my dad (86) they were out of luck –I needed my cash.

I went back into the stock market, looked at bonds, options, ETFs and other strategies, and took what I called limited and prudent risk. My discussions with financial “advisors” became a bit more heated. When I had “misunderstandings,” meaning that they didn’t tell me the truth about how bonds or options worked, I got very angry and moved my money to other institutions. More often than not they could not understand my displeasure and unwillingness to play their game –which again was like a giant craps table where the longer you keep the money on the numbers the more likely you are to get wiped. Just as a “7” will inevitably occur in craps, so too will a “correction” occur in the stock market.

The other obvious truth is that the market is completely rigged in favor of those who can afford inside information. 60 minutes just did another piece about how electronic traders “front load” transactions, seeing what retail investors are looking to buy and purchasing shares ahead of them, thereby raising the price, and then selling them back to the investors at a profit. WATCH IT HERE

These “professionals” are called “market makers.”  Seriously?  They are criminals. This does not take into account the other criminals called “insider traders” or as another 60 minutes piece referred to them, “researchers.”

So I have a new strategy.  I go at it alone and I believe in guerilla economics. I follow the momentum of the herd, buy and sell quickly, take my profits and then when I have enough I wait. I try not to get caught in the “undertow” of a “correction” or panic, which happens regularly. I read rumors about earnings and cautiously take advantage of any edge that I can get, knowing that most market commentary is false and misleading, I then just act accordingly.

Advertisement
advertisement - learn more

Alternative News

Dogs Can Detect Lung Cancer With 97 Percent Accuracy

Published

on

In Brief

  • The Facts:

    Early detection provides the best opportunity for lung cancer survival; however, lung cancer is difficult to detect early because symptoms do not often appear until later stages. Dogs were able to help solve that issue.

  • Reflect On:

    Why do we use animals for experiments? Unless they are willing and have a loving home and are provided for, animals should never be used as lab rats or for scientific purposes. What makes us think we have the right to do that?

Animals are a precious gift to humanity, and we have so many lessons to learn from them. If you were an empathetic, benevolent alien looking down on planet Earth, no doubt you’d be heartbroken at and terrified of the way we treat animals. We slaughter them by the billions, destroy their homes, experiment on them, and worse. That being said, the ‘good’ side of humanity loves animals, and there are a lot of activist efforts out there that are speaking up for those who do not have a voice, not to mention the ever growing movement promoting a plant-based diet. We are making progress.

Another important point regarding animals is the fact that we know so little about them. We think we know, but the truth is we don’t know, and there is so much more to discover, especially with regards to certain abilities they may possess like clairvoyance, precognition, telepathy, and other types of extra-sensory perception that human beings may have dormant within them as well.

I recently came across a study regarding three beagles successfully showing that they are capable of identifying lung cancer by scent, which is the first step in identifying specific biomarkers for the disease. The researchers hypothesized that their abilities may lead to the development of a new type of cancer screening method that is fairly inexpensive. Although we still need more research on the factors in our environment that are causing cancer in the first place, this is still great to see.

However, it’s only great if these animals are not being used solely for the purpose of study and are living happy and healthy lives because, as you may not know, beagles are the dogs most commonly used for scientific experiments, which are cruel and inhumane. At the end of the day, animals should not be used for such purposes. They are here as our companions, as part of our human family.

These dogs were able to tell the difference between blood serum samples that were taken from patients with malignant lung cancer and health controls with, as the study points out, 97 percent accuracy. The double blind study was published in The Journal of the American Osteopathic Association.

Thomas Quinn, the lead author of the study and professor at Lake Erie College of Osteopathic Medicine, said, “We’re using the dogs to sort through the layers of scent until we identify the tell-tale biomarkers. There is still a great deal of work ahead, but we’re making good progress.”

advertisement - learn more

Again, I can’t help but wonder: Do these dogs have families? Are they being loved and cared for? Or are they simply being used for lab experiments? The thought of that is heartbreaking, and it makes me not even want to support or write about a study like this, but I couldn’t find any details about the lives of the dogs.

It sounds like they are simply ‘lab rats,’ given the description of the study, but again, we don’t know. They were led into a room with blood serum samples at nose level. Some samples came from patients with non-small cell lung cancer; others were drawn from healthy controls. After sniffing a sample, the dogs sat down to indicate a positive finding for cancer or moved on if none was detected.

“Samples from 10 donors (6 women and 4 men) were used in the testing phase. Their ages ranged from 26 to 80 years (mean, 58.2 years). The samples from female donors (mean age, 64 years) came from 3 black women, 2 white women, and 1 Hispanic woman. The samples from male donors (mean age, 49.5 years) came from 2 black men, 1 white man, and 1 man of mixed race. Canine No. 1 indicated a positive sample on 10 of the 10 cancer samples and 1 of the 40 control samples during his test runs. Canine No. 2 indicated a positive sample on 10 of the 10 cancer samples and 0 of the 40 control samples during her test runs. Canine No. 3 indicated a positive sample on 9 of the 10 cancer samples and 2 of the 40 control samples during her test runs. (From study).”

A Few Words About Cancer

I often become frustrated at the bombardment of “cancer awareness” advertisements, or when I see the Heart & Stroke Foundation serving processed meats at their fund raisers. In many cases, the companies raising money for cancer research are putting out products that are causing the problem in the first place. Why do we constantly raise money for cancer research and become so emotional and “patriotic” about ‘finding a cure’ and ‘fighting cancer’ without ever acknowledging the causes of cancer? Why do we see advertisements of cancer patients fighting cancer in order to entice us into donating? Why do people proudly fight cancer and go through conventional treatments without ever being aware of alternative, more successful and effective treatments? What is going on here?

When it comes to cancer awareness, all of us should really be tweeting and posting about environmental pesticides, electromagnetic radiation, processes foods and meat, unhealthy lifestyles, sugar, emotional baggage, trauma, stress, and several other factors that are clearly causing cancer.

Why is it that there are only a couple of accepted treatments for cancer that oncologists are legally able to recommend?

There are so many head-scratchers when it comes to cancer, and any cancer awareness efforts should be bombarded with ‘f**ck glyphosate,’ and things of that nature. That would be REAL cancer awareness.

The Takeaway

Animals are not to be used as experiments, but I wanted to present this info simply because, as I mentioned earlier, there are so many amazing, good, positive things about them. Their abilities go far beyond what we know, and when it comes to dogs in particular, they are nothing but of service to others. If you have a dog, you know what I am talking about, and in many cases they already know things about you and your biology that you may not be aware of, unless you are really in tune with them.

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading

Alternative News

Missing 411 – Examining Unexplained Disappearances In The Wilderness of North America

Published

on

In Brief

  • The Facts:

    Missing 411: The Hunted is a film that explores the strange disappearances that are happening all over the North American wilderness. Investigations into these disappearances have yielded some very strange and almost paranormal findings.

  • Reflect On:

    With so many missing persons cases, especially in National Parks, why doesn't the National Parks Service initiate a proper investigation? Why is there so much secrecy, hesitation and unacknowledgement surrounding this topic?

I bet you didn’t know that there is an unexplained phenomenon linked to how people are going missing in National parks in the United States. This phenomenon is actually quite common, and there are countless missing cases where absolutely no trace of the person has been found. In other cases, people’s belongings were eerily found weeks after search parties completed their work, in tidy as if people literally melted off the face of the earth – all found in areas that had been completely searched.

Yes, it’s popular National parks that are notorious for these disappearances, but despite the fact that many people have gone missing, the National Parks Service does not keep a record of missing persons.

A number of people have investigated this phenomenon, and perhaps the most prominent is David Paulides, a retired officer from the San Jose, CA, Police Department. Since retirement, he has spent the majority of his time researching missing person cases, and writing about them through several published books. Recently, he as released a film called Missing 411: The Hunted, which dives deeper into this wildly fascinating subject using specific examples and cases that they examine.

The Government Involved In Missing Persons?

Paulides does not speculate much about these missing persons, but one disturbing thought he shares is the idea that the government, or some faction of government agencies, may be hiding information regarding these people. They are denying and failing to properly acknowledge the fact that there is something truly strange and disturbing happening which is mysterious on its own.

You would think that given how often this type of thing occurs, there would be some type of public disclosure and awareness campaign.

Paulides’ interest in this topic actually came from conversations he had with off-duty park rangers. That’s how he found out that there was a plethora of disappearances in National parks without any sort of explanation. In the film, he also hints to the fact that the National Parks Service doesn’t put in enough effort with regards to investigating this type of thing.

advertisement - learn more

Let’s be clear, it’s not just disappearances without a trace happening, but rather some have occurred under very weird circumstances. In the film, you see examples of park rangers showing Paulides things recurring discoveries of neatly placed clothes of those who went missing – in areas that had already been searched.

“The ranger described to me, if you were standing straight up and you just had your pants on and you melted directly into your pants… that’s what it looked like to him. The pants were laying on the ground in a very neat pile,” Paulides said.

Paulides has investigated cases not only involving adults, but also many young children vanishing instantaneously from their guardians’ sides in a short period of time, which makes them seem undeniably paranormal.

One of the places I’ve investigated myself where people have also had strange experiences regarding missing persons is a place called Brown Mountain, North Carolina. There are a number of similar overlaps to what is explored in Missing 411.

You can watch Missing 411: The Hunted here. Or check out the trailer below.

Check out the trailer for Missing 411: The Hunted

Watch the film here.

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading

Alternative News

U.S. Government Has Debris/Material From UFOs Says High Ranking Government Official

Published

on

In Brief

  • The Facts:

    Luis Elizondo, a former high ranking Department of Defence official and part of the TTSA academy recently confirmed that the US government has in their possession material from a UFO craft.

  • Reflect On:

    Those new to this may be surprised, but for researchers in this field it's not. We have enough evidence suggesting that some of these craft are extraterrestrial, so how much does the 'government know,' what about the ET beings? Who knows what?

For those who have been into the UFOlogy subject for a very long time, all of the disclosure of UFOs within mainstream media should come as no surprise. This type of presentation from mainstream media is a complete 180 degree flip flop from years past, where what we saw mostly was shaming and ridiculing of the subject. Despite the fact that “everything” seems to be in a “process of investigation both in the United States and in Spain, as well as the rest of the world” (General Carlos Castro Cavero, 1979, source), in the past, what we saw was “an official campaign of ridicule and secrecy,” as Roscoe H. Hillenkoetter told the New York Times decades ago. (source)

So, why all of the serious mainstream attention all of a sudden? Could there be some sort of deception planned? We must always think critically about any topic that the mainstream chooses to cover, and how they cover it. We must do so because, since the inception of Operation Mockingbird, a US government program headed by the CIA to control the perception of the masses through mainstream media, multiple award-winning mainstream media journalists have come out and ‘blown the whistle,’ claiming that these outlets are still mouthpieces for intelligence agencies, governments, corporations, and elitist groups. You can see some examples and read more about that here. We’ve been spoon-fed lies for years, so why would it be any different with the topic of UFOs?

The point I’d like to hammer home, however, is that we are dealing with a very real phenomenon. And that is made evident by the amount of witness testimonies, video and photo proof, concealment of information, and ridicule from media that we’ve seen for decades. Just like 9/11 was real, and just like war is real, the explanations behind these events in history always seem to be manipulated for some sort of ulterior motive. That’s important to keep in mind here. Are they going to try and spin a very real phenomenon into some sort of threat?

When it comes to this topic, it leaves no aspect of humanity untouched. From science to technology and much more, everything changes when the masses are confronted with the realization that we are not alone, and that we have been visited. There are many who, what, where, why and when’s to be answered, and these answers, I assure you, will not come from mainstream media. But right now, it seems we are in the age of disclosure, as the media is finally acknowledging that these things are real.

Not only are they real, but as Apollo 14 astronaut Dr. Edgar Mitchell once said, “yes there have been crashed craft, and bodies recovered.” You can view a clip of him saying that here.

Having been a UFO researcher for a very long time, coming across information suggesting that crash retrieval programs are real is nothing new. But to have something like this leak out into the mainstream is quite significant, and this happened recently on Fox News when Louis Elizondo was interviewed by Tucker Carlson. Elizondo is a career intelligence officer whose experience includes working with the U.S. Army, the Department of Defense, the National Counterintelligence Executive, and the Director of National Intelligence.

advertisement - learn more

He was also the director of the Pentagon’s AATIP program, which stands for the Advanced Aerospace Threat Identification Program. This program was recently disclosed by the Pentagon as a program to study UFOs. I can tell you, it’s not the only program related to UFOs, and these programs could be taking in trillions of dollars. But AATIP was the program that was disclosed and blasted out by mainstream media not long ago.

On May 31st, Carlson asked him: “Do you believe, based on your decade of serving in the US government on this question, that the US government has in its possession any material from one of these aircrafts?

Elizondo replied: “I do. Yes.”

Carlson then asked: “You think the US government has debris from a UFO in its possession right now?”

Elizondo replied: “Unfortunately, Tucker, I really have to be careful of my NDA (Non Disclosure Agreement), I really can’t go into a lot more detail than that.”

Again, I am sharing this because it’s going mainstream. I’ve written about extraterrestrial technology before.

You can view a clip of this exchange from Fox News here.

A Little More Information About Supposed UFO technology

The most recent information making its way around the UFO community comes in the form of a recently leaked document, which includes notes taken by legendary scientist Dr. Eric Davis during a meeting he had with Admiral Thomas Ray Wilson, former Director of the Defense Intelligence Agency, regarding extraterrestrial space crafts. This meeting concerned a discussion Wilson had with Apollo 14 astronaut Dr. Edgar Mitchell, which Mitchell publicly confirmed a few years ago. This is interesting because this leaked document just came out a few months ago.

You can view those documents and read more about that story, and see that clip of Edgar Mitchell confirming the meeting, here. It’s a really good one illustrating how this topic goes well beyond the government.

Dr. Davis is a very well-known scientist and quite the legend. For many years, he was a member of the National Institute for Discovery Sciences (owned by Robert Bigelow) and was the Chief Science Officer of EarthTech Int’l, Inc. and the Institute for Advanced Studies in Austin, Texas. He is now the Owner/Chief Executive/Chief Scientist of Warp Drive Metrics, which consults and contracts for the Department of Defense. He is also an Adjunct Professor in the Early Universe, Cosmology and Strings Group at the Center for Astrophysics, Space Physics & Engineering Research at Baylor University in Waco, TX.

The leaked notes from Davis expose the fact that the U.S. Government has in its possession UFO technology that was not made by humans, but by extraterrestrial beings from another planet.

Davis also recently made remarks on the comments made by Elizondo in his interview with Tucker Carlson, stating that,

“Luis Elizondo’s very brief answer to Tucker Carlson’s question about whether the US government is in possession of recovered crashed and landed UFO technology hardware is 1,000 % accurate. My national security NDAs prevent me from adding any further comment on this.”

The source for this quote comes from a very well-known researcher in the field, James Iandoli, who reached out to Davis after his comments on Fox and posted the response on his twitter account.

When talking about the crash retrieval of UFOs, I always like to quote former Canadian Defence Minister, Paul Hellyer, when he said that the protocol is to “shoot first and ask questions after.”

It’s not just the U.S. government either, this is probably something multiple nations have within their possession.

Dr. David Clarke is an investigative journalist, reader and lecturer at Sheffield Hallam University in England. He was also the curator for The National Archives UFO project from 2008–13, and regularly comments in national and international media on UFOs.

These documents reveal how the RAF expressed great interest in finding UFOs to help come up with new and innovative ways to become their enemies during the Cold War. Apparently, they were gathering evidence that other nations had collected this technology.

You can read more about that story here.

A classic example would be the CIA keeping tabs on developments in Germany, as explained in this document, which looked into “a German news paper” that “recently published an interview with George Klein, famous engineer and aircraft expert, describing the experimental construction of ‘flying saucers’ carried out by him from 1941 to 1945.” 

Here’s another document that goes on to mention an experiment described by Klein:

The “flying saucer” reached an altitude of 12,400 meters within 3 minutes and a speed of 2,200 kilometers per hour. Klein emphasized that in accordance with German plans, the speed of these “saucers” would reach 4,000 kilometers per hour. One difficulty, according to Klein, was the problem of obtaining the materials to be used for the construction of the “saucers,” but even this had been solved by German engineers toward the end of 1945, and construction on the objects was scheduled to begin, Klein added.

You can read more about that here.

There are too many examples, it’s not just limited to the Roswell incident. Here’s an article I wrote recently about another story regarding a crashed extraterrestrial craft that exists within the lore of UFOlogy:

Before Roswell: The 1941 Cape Girardeau, Missouri UFO Crash With Extraterrestrial Bodies

The truth is literally out there.

The Takeaway

UFO and extraterrestrial visitation isn’t a bad thing, as it does not seem to be ‘deceptive.’ It is, however, a very real reality. The only plausible possibility for any ‘deception’ to occur would be with regards to the official explanation of ‘them,’ why they are here and if they represent some sort of threat or not. The fact that multiple powerful people and the governments they seem to puppeteer have been trying desperately to keep a lid on this information for a very long time is a hint to that.

How much do governments, and those who sit above them, really know about UFOs and extraterrestrials, anyways?

Help Support Collective Evolution

The demand for Collective Evolution's content is bigger than ever, except ad agencies and social media keep cutting our revenues. This is making it hard for us to continue.

In order to stay truly independent, we need your help. We are not going to put up paywalls on this website, as we want to get our info out far and wide. For as little as $3 a month, you can help keep CE alive!

SUPPORT CE HERE!

cards

Continue Reading
advertisement - learn more
advertisement - learn more

Video

Pod