Why do I hate receiving those stock market prospectuses, I'll tell you why. They give me a headache by trying to confuse the investor trying to justify why their portfolio isn't growing in the proper direction. As an example here is the opening line from a recent prospectus sent to me today: "New normal long-term outlook---marked by a shift in global growth drivers, deleveraging and re-regulation---points to the possibility of a desynchronized global recovery. As such, the economic growth rate in developed economies will likely be lower than in previous recoveries, but higher for developing and emerging market economies. for investors it is important to adjust portfolios to meet the challenges of this changing and uncertain investment environment".
I would rather hear: "Since our last idea isn't working due to lousy foreign investments, we will switch our investing from England, France and Italy to India and China".
Where do these financial advisers come from? Are they schooled to invest properly or to sell the investor on their expertise. We are trapped into following their advice since banks and mattresses give you zero growth. Maybe I'll invest in a pawn shop.