When wealth "vanishes" is does not disappear. It merely changes hands. Don't you realize that this happens again, and again, and again? What happens to the stock market roughly every 5 -6 years?
It took banksters, Wall Street boys, and their TV buddies decades to convince workers to make investment decisions without the
advice of a seasoned and experienced advisor. Picking from among a "laundry list" of mutual funds without acquiring advice based upon
in-depth research, for example, is a formula for financial disappointment.
Here is a second video for your edification -
How Wall Street Hedge Funds Are Looting the Pension Funds of Public Workers
Will government get involved in 401K system?
Watch the below video and see the comments -
Another reason to consider roll-overs of existing employee pension plans and 401K's
Bankers Back on Wall Street Despite Major Crimes
Who is managing your investments? If you are doing it yourself, you are probably aware of the following simple mathematics: A stock that drops 50% from $20 to $10, for example, must rise by $10 just to return to the original $20 purchase price. Many investors believe that if a stock drops 30%, it will have to rise by that same percentage to break even. The fact is that it would need to rise 43% to break even. If a stock drops 50% it must rise 100% just to break even. How are your investment decisions working out from a personal stress standpoint?
The next thing you need to do is to determine whether you are dealing with a good financial adviser or a bad one. The following video should open your eyes in this area: