Martin D. Weiss

One of the most important questions of all …

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Over the past several days, I’ve asked you to give me your answers to several important questions.

It’s part of my personal campaign to give you the best tools available for multiplying your wealth in 2013 and beyond.

The key is, it’s vital that I have an understanding of YOUR investment goals and challenges in order to help.

And now, we’re down to my final question in this series, one of the most important of all …

Is the stock market a fair place?

What advantages do the rich and
super-rich have that you DON’T?

Please click this link and give me your answer now!

Good luck and God bless!

Martin

475 Responses to One of the most important questions of all …

  1. It is not the rich but the super rich that belong to the “New World Order” cospirators who via their Fedral Reserve Bank (one that is neither federal nor has reserves), their control of “too big to fail” finacial enterprises (including Wall Street) and their control of the major news media outlets are controlling the information or miss-information that drives all of us outsiders into confusion and investing erroneously. The name of their game is to put us all on our economic knees so that then they can more easily impose on us all, their planned Socialist New World Order and that is why they have deviously driven the present value of precious metals down while Bernake and gang continue to print worthless paper dollars who are forcibly devaluing the dollars that we have all earned honestly. If we are to succeed we must first come to grips with these truths and then pull togther.

  2. How can the stock market be fair when it’s a reflection of human nature?
    ————
    The market cannot be fair because:
    if only a minute minority are motivated by fairness in their market decisions,
    and the market is dominated by the majority,
    then, by it’s very nature, it cannot be fair!
    ————
    Is this then a good argument for being a contrarian?

  3. The markets are not “fair” in the purest sense. However, It appears to me that if you play the game long enough and prudently investigate every aspect of your intended “gamble”, one can do respectably well even in light of inequities with the super rich investors. I believe many small investors have trouble within the markets because they don’t fully understand their intended trades making them vulnerable to the impulses of human nature which many times allows them to lose money.

  4. If the government would quit printing and pouring our money into the stock market. we would get the real picture.

  5. I’m a guy who saved and invested wisely (with some luck). To date, I’m not rich, but have more than many. The only consulting I’ve received “until now” has been all bad. As a conservative investor I’ve made it my #1 priority to not lose money — with the exception of those instances where I received outside ‘bad’ help. Consequently I haven’t spent a lot of time making up lost ground.

    I assume that the “big guys” who have a LOT of money can afford the best consultants and have (percentage-wise) more money to invest in riskier investments. Therefore making informed risky investments, they make more. But more importantly, they are often “connected” — i.e., congress. I assume insider trading goes on moment to moment. Us little guys just follow the dishonest who manipulate the market(s).

  6. Yes, there is manipulation. Yes, those with insider info. & computers with sophisticated algorithms have an advantage. & yes it’s all a game controlled by mega-rich whose motives & moves can be deceptive. However, it’s fair first of all because you don’t have to play if you don’t want to…No matter what your level, if somebody is making money, you can be a part of it..There are rules & an SEC, that at some level, at least attempts to make it fair. I sort of see it all as a big poker game… The more you understand the game & it’s players the better you can do… If you hold more chips you have a clear advantage…But, you can’t win if you don’t play…

  7. With the advent of computerized trading, there are far more situations where a given stock or even a given (popular)m commodity can be purchased in volume and then after few second sold at a small profit, but a very nice profit for a few seconds of effort. A year ago, I spent some rear time trying to identify a group utilizing these tactics and sent a few bucks to them and followed their request to deposit funds that would be used by a ‘legitimate broker’ that would commit my trade requests based on advice from the ‘Computer Experts’ that would determine the best way to increase my profits. Making a long story short, after a few weeks when nothing of interest was forwarded ( at least any that actually trended up). I began to have trouble communication with them. Finally contacting the Broker who was found to be an innocent victim, along several hundred folks that had also divided-up to take part in the scheme. Being advised to contact the CFTC, I was given information that the Computer Folks had been investigated were being indited for fraud, and I gave the CFTC my personal involvement in time and dollars, and a phone number of one of their attorneys whom I could contact to inquire about what was happening to the case. That was over a year ago and there has been no indication from either the Attorney that I contacted or the CFTC Web Site. I’m still trying to decide whether the lesson to be learned is “If it seems to good to be true, it probably is not true” or When the government is involved, especially Government Attorneys, It is just like breeding elephants, it takes a long time for fruition, it happens at a very high level, and there is always a large amount of squealing and howling involved. But then, I’m old and there a big pockets involved and they usually outlive us.
    Especially if it make them (The Minions The Court) the most money. PLEASE ANSWER AND SUBMIT, and thank YOU.

  8. OVERALL THE EQUITY MARKETS, GLOBALLY, ARE SO LARGE ,INTERTWINED AND COMPLICATED THAT NO ONE PERSON OR ORGANIZATION COULD POSSIBLY HAVE AN UNDERSTANDING OF WHAT WILL REALLY TRANSPIRE IN THE NEAR, MEDIUM OR LONG TERM. NO DOUBT AS IN EVERY LARGE ENTERPRISE THERE IS FRAUD, MANIPULATION AND INSIDER TRADING TO SOME EXTENT. POSSIBLY THE RICHER AMONGST US DO HAVE SOME ADVANTAGE IN BECOMING AWARE SOONER OF THOSE CURRENT OR WORLD EVENTS THAT MAY IMPACT THE MARKETS IN A HUGE MANNER. I DO NOT BELIEVE HOWEVER THAT ANY ECONOMIC GROUP HAS A CONSISTENT SIZABLE ADVANTAGE WHEN INVESTING IN THE EQUITY MARKETS. IF AN INVESTOR RELIES SOLELY ON CAPITAL RETURNS FROM THE MARKETS THEN IN THE LONG RUN HE WILL BE UNSUCCESSFUL, BUT IF ONE RELIES ON HIGH DIVIDEND, HIGH BARRIER TO ENTRY BLUE CHIP STOCKS, LONG TERM FAILURE IS HIGHLY UNLIKELY, REGARDLESS OF ONE’S ECONOMIC OR CONNECTED STANDING.

    1. I would agree that investing in “high moat” sectors/stocks should
      work out ov er the longer term/.

  9. when you have enough money you can acess toinsiders and best invstment advice available to them.

  10. No, it is not fair! The largest players enjoy natural advantages of being “movers”, insider knowledge and loopholes to reduce taxes and expenses.

  11. I believe that the market is ultimately very fair, but not based upon the relative wealth of the buyer/seller. Information access, having a goal and a plan to get there and tolerance for ambiguity are required for success in the market. These traits have some correlation to accumulated wealth but are not necessarily there due to said wealth. Information is available but success is not guaranteed even with timely and pertinent decision and reasoning.

  12. As I already communicated I believe that giving a fair answer depends upon the various texts and analysis one reads.As mentioned so much has appeared concerning the debts incurred by the U.S.
    and its various state owned corporations(Fannie Mae etc)that one can only remain doubtful about the future of the $ and of the S&P.I would prefer to invest in the non American markets .Regards JAC

  13. The small investor does not have a chance. Buy and hold is not a real viable option today. If you can actively trade as a small person and make some informed decsions – you can survive, buy how many people can do that?

  14. No question that money is power. No, the stock market is not “fair” and it clearly offers insiders and the rich an advantage. But that is not to say that us little guys can’t scarf up some crumbs once in awhile as well. I’m still trying anyway.

    1. It appears that the very rich do have an advantage in having access to stocks not available to the general public. The advantage is being educated in finance with good resource for information. Sometimes the resources have to be weeded out as to good and poor.
      The fact that the stock market is available to those who have enough money to chance losing some of it, makes it fair game for those who want to try to beat the odds. It becomes less of a gamble through education and resource.

  15. Mr. Weiss:
    That’s simple, they, the rich and super rich can afford the loss. They are playing in many different fields, right?

    I am willing to play along with what you and Mr. Douglas suggest, that made you super rich, as long as it will do the same for me. Fair enough?

    How are our stocks doing, what % of gain or loss have we sustained?

    Carl

    1. I second the opinion that Mr. Douglas has the correct approach,
      that is take what the market gives you regardless who manipulates
      the market. Brief, interpet the market action .

      F.Bisang

  16. For centuries most of the poor will stay poor and most of the rich will become richer.Maybe the rich guys are more clever and smart maybe they know the loopholes better.I am not rich but might be more happy and more healthy than some of them.I am definitely not jealous of them

  17. I believe the central issue of fariness does not center around the “rich” versus the “average investor” but rather centers around gov’t involvement in manipulating the market.

  18. The bigies can move the market and kill us small guys and we don’t even know who is doing it! Talk about transparency!?! Plus they have access to government,people in high places in the private world (power) and supercomputers, which should be illegal. Dean Rockey

  19. the question has no answer. when the dollar becomes worthless, so does the stock market and bonds and all other paper denominated in $. it makes no difference whether you are rich or poor,
    if your assets are dollar denominated, you will be broke.

    you need to diversify out of Dollars and into things the gov’t cannot control or print.

  20. No, like so much else in America money talks. The Rich need the poor as suckers so that there is something to win.
    Since there is a widespread belief in “something for nothing” in the USA, there will never be a shortage of suckers.

  21. I believe the stock market is rigged for the people in the know.
    It’s a crap shoot for the little guy and most info the little guy gets
    is normally old or out of date info.

  22. Who said the market was a fair place? The law of demand and supply apply to some degree. Obviously those with more access to more research may have some advantage, but on the other hand we have Weiss!!

    1. insider knowledge

      knowing Is everything ALSO IT HELPS TO HAVE L’ARGENT.

      Frankly, so many are calling for the complete collapse of the Dow down to 5,000. so what do you do when you have positions??
      let is fall and watch your savings wash away? you bet

      we are children of the Big one in 1930 and we saw and know suffering. And now are we on that threshold again? sad to see

  23. probably in the eye of the beholder. Are pharmacy companies fair; how about gas companies, hospital billings,credit card companies?

  24. No and they have more investment capital and insider information therefore less risk.

  25. I think the advantage is the speed with which the rich and insiders get info and their access to information although this is not always the case. Even within your organization if I can afford one of your premium services information is dispersed faster. Another factor is even with “Flash Alerts” if I work for a living I may not get the info for 2 to 6 hours after the alert was sent.

  26. I also have a suggestion, yes I know the info would be delayed but on these conference calls and special webinars make them available later ( like in the evening) so that those that work can hear or see them when we get off.

  27. No, the market is not fair.
    Insiders have knowledge advantage and the wealthy can afford to buy expensive counsel. These items are basic to our financial system which is biased toward power and wealth.

  28. Insider Information: Here’s last week’s news.

    House Majority Leader Eric Cantor of Va., speaks during a news conference on Capitol Hill in Washington, Tuesday, Jan. 31, 2012, to discuss the Stop Trading on Congressional Knowledge Act, or STOCK Act. (AP Photo/Jacquelyn Martin)
    In a sweeping unanimous vote, members of Congress voted to overturn parts of the Stop Trading on Congressional Knowledge (STOCK) Act that previously banned 28,000 federal employees, including members of Congress, from engaging in insider trading, requiring them to make financial disclosures publicly online. The bill passed into law April 2012 after lengthy debate, but took less than one minute to repeal in both the Senate and the House last week — President Barack Obama has since signed the newly-repealed bill into law.
    The Stop Trading on Congressional Knowledge (STOCK) Act, was a law passed last year designed to prevent insider trading among lawmakers and government officials by requiring them to post disclosures of financial transactions online.
    According to official records, no Republican or Democrat objected in the unanimous repeal, consuming just 10 seconds worth of time in the Senate and 14 seconds in the House, according to official records. House Majority Leader Eric Cantor (R-Va.) was one of the leading proponents of the repeal basing his decision on the a recommendation made by the National Academy of Public Administration. “This was their recommendation and the House and Senate agreed it was the best course of action,” he said.
    Government officials will still have to file disclosures of securities trades more than $1,000 within 45 days, but they no longer have to file them in a searchable database that is readily available to the public. Despite robust support for STOCK last year, President Obama signed the repeal into law Tuesday.
    Lawmakers contend that the repeal is a necessary security measure. The National Academy of Public Administration, a nonprofit group, published a report last month declaring that posting financial transactions histories online would create an “unwarranted risk to national security and law enforcement, as well as threaten agency missions, individual safety and privacy.” The group has recommended that the online posting requirements should be suspended indefinitely.
    The original STOCK legislation followed a “60 Minutes” television report highlighting how some members of Congress are making money on stock trades illegally by having insider knowledge of upcoming decisions by major corporations and financial institutions before they are announced to the public.
    Lawmakers have been involved in shady dealings that some believe is evidence of insider trading. In a notable example, Senator Dick Durbin (D-Ill.) sold more than $115,000 worth of stocks and mutual fund shares in September 2008 as U.S. stock markets plummeted during the worst financial downturn since the Great Depression. He used much of the money to invest in Warren Buffett’s Berkshire Hathaway Inc.
    Durbin’s 2008 financial disclosure statement shows that he sold mutual fund shares worth $42,696 on Sept. 19, the day after then-Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben Bernanke urged congressional leaders in a closed meeting to craft a bank bailout to help financially troubled banks.
    The Sunlight Foundation, a government accountability watchdog group, reported that despite its rapid passage, there were delays in making the details of the STOCK repeal available to the public. “The bill was not available to the public on the Library of Congress website,” Sunlight reports.
    Spokespeople for Sunlight believe that the repeal could open the door for illegal trades. “[The repeal] sets an extraordinarily dangerous precedent suggesting that any risks stem not from information being public but from public information being online,” said Lisa Rosenberg of the Sunlight Foundation.
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    1. people spend much time and effort gaining advantage. this effort over time has resulted in a bias towards the most successful efforts.

  29. Not fair when we know that the big boys move the markets but it is the best source available to earn more money (interest, dividends, income) but just a whole lot more risky. It helps to be informed by the knowledgeable.

  30. I do not see how the rich having money and connection has any influence on how you or I should trade. The market is so big that you are responsible for your own mistakes and can not blame some one else (unless you use their opinions and even then think about assuming the blame for following their opinions. )

  31. The market is as fair as anything else. There are no guarantees in life but death and taxes.
    Uber-wealthy have more assets and probably some access to inside information. It doesn’t always help them though and they are still human and subject to the randomness of life.

  32. I think the stock market is being manipulated by the Fed—especially right now—adding the fake money every month. When they quit–look out.
    Fair? NO! Think of all the government people that have advanced knowledge of regulations, grants for special projects etc.—and–like they say– “It’s not what you know, but who you know” Wealth creates lots of friends; good and bad.

  33. Fair place? I guess that all is fair in love and war. The rich and famous are battling it out every day in the stock market. Look at Henry Arnold’s comment. He had a two million account and could not get a seat at the table withUBS. Did Rogers and Soros have so much weight with their Quantum fund that they could influence the direction of the pound? I can not compete with the Quant and Hedge fund nano-second traders. Wasn’t there a group that required a 20 million entrance fee to get in their fund and they lost their shirts big time? Diane Bohl’s comment has it right. We sit hunckered down in our fox holes watching the fire-fight, and at the end of the day we try to pick-up the pieces and put ole humpty-dumpty back together again. That is a tough row to hoe. I must be crazy for trying! Hopefully, David Davenport will help.

  34. The Rich have an advantage if they can find good people to guide them because they have the money to invest in getting good advise. But I think the great thing about the markets is that all of us can become wealthy if we learn to invest wisely and let our money grow over time. Even the small investor can see his wealth grow from 10K or 25K to 100K and then to a million or more over time.
    So even the poor could start small and live the American dream if they would learn how to invest wisely and study the markets and avoid the big crashes or use them to increase their investments through today’s inverse ETF’s which is the great for the little investors to make more than ever before when those inverse funds were not available. Thanks for keeping us learning and understanding more about the markets.
    Paul

  35. The stock mkt itself is a fair place.
    But the rich is getting richer. All is about MONEY, just follow the money.

  36. The markets are rigged. The average investor has no business in the stock market. When times are good it is great for everyone who is in the market, but now it has become obvious the thieves are stealing your money. The big banks, who are Wall Street are broken, the government regulators turn their backs on daily, weekly and monthly corruption. Investing in wall streets fixed game is going to leave the masses broke and very unhappy. Good luck to those of you who stick with this fools game.
    Bill

  37. The stock market is a fair place as long as financial disclosure and transparency rule the day. The super rich, high government officials and insiders do have an advantage. The world is a scary place that is sometimes anything but civilized. If the general public always knew the whole truth, they might panic or freak out over certain situations or events. Thus information is controlled to maintain civil order. But when there are two realities, the public one and and the real one, such a gap leads to an advantage for the people who know the real reality. This advantage can be political, economic or other. People also gain an advantage when their area of investment interest crosses paths with their career or other area in which a person has done some intense study.It is when things become totally opaque to the public investor that it then becomes no longer fair. Then, it is not just stock but rather all or most classes of investment that become a problem. You are then living in a banana republic and it might be time to shop for a new country to live in.

  38. Nothing is completely fair. The rich and super rich have money and they can afford to keep some available to taks advantage of circumstances.

  39. I believe that the advantaged few receive advance information that they profit from.

  40. Everyone sees only from his/her perspective and isn’t privy to what advantages others have. However, insider info. (which is illegal but who knows how prevalent), and high-speed trading are the domains of certain wealthy firms/individuals, and the profits are internally sticky.
    Is there another fairness issue inside the market? I dunno.

  41. No, I do not think the stock market even can be a particularly fair place. I believe the ones who make the rules over the years are bound, at least on average, to look after their own interests and the interests of others they know and associate with to the disadvantage of the general publics interests. Therefore, their advantage is they are making the rules with input from paid lobbyists, friends, close associates, etc. This seems to me to be pretty much human nature and we have to do the best we can with the unfairness as a given.

  42. The stock market is as fair as any free market can be. One has the freedom to invest but not the obligation to invest. Just like a casino you can choose to bet with the antisipation of winning or not bet with the gaurentee of not losing. The little guy has a better chance in the market than a casino if he can learn the basic rules of controlling emotion and study & understand the technicals and fundamentals of the market.
    I do believe the rich have an advantage to make more in the market as well as to lose more simply in the size and kinds of positions they take. I believe most but not all wealthy investors started out as small investors and through patients and knowledge became rich over time. You will always those that try to scam the system but it will catch up to them in the end.

  43. it is fair only if you have the time to research well which most common working class people dont. or they done have the knowledge on how and where to do it. this is why the rich have an advantage because they have the funds to pay for it instead of having to do it themselves. alsosmall losses dont hurt them as much. so many emails, videos and websites promise all kinds of great things but then at the end ALWAYS ask for money before you get any info. some i have tried get you in touch with more videos etc that cost more money and so on and so on without ever getting down to basics of what to buy or sell. such a gimick.

  44. My dealings with the stock market have been satisfactory. With brokers, I ask for no advice – – read, and make my own decisions. Have no opinions about the rich – – have no dealings with them and as long as they stay within the law, I have no complaint. Paul Brandt

  45. No doubt the individual investor is at a disadvantage amongst the giants who can manipulate the markets, however, there are so few alternative investment options that one has no choice but to become as well informed as possible taking advice only from those you choose carefully from the thousands of hucksters who make their millions from the fees of the unwary.

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Martin D. Weiss is one of the nation’s leading providers of a wide range of investment information. He is chairman of Weiss Research, Inc., the publisher of Money and Markets, Martin’s Ultimate Portfolio, and of Weiss Ratings, the only truly …