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You’re Fired, Effective Immediately

Written By Alexander Boulden

Posted July 12, 2023

I want to let you in on a little secret…

Once you hear it, you’ll want to rethink the way you handle money.

You’ll want to fire whoever keeps track of your finances.

You may even want to cash out your 401(k)…

The secret?

Your financial adviser doesn’t care about you or your money.

Even if you don’t have a financial adviser or broker that manages your hard-earned savings, you probably have a retirement account like a 401(k) or IRA.

That’s why you’re going to want to pay close attention to what I’m about to show you today…

Because despite conventional investing wisdom, the shocking reality is that most money managers underperform the market year after year…

In fact, nearly 90% of all active fund managers fail to beat benchmark indexes, and the vast majority of them don’t even care…

Because whether you’re winning or losing, they’re getting paid.

Let’s take one famed money guy as a quick example…

The infamous Jim Cramer.

He makes a living picking stocks on his CNBC show Mad Money. He even makes a hefty $5 million salary from the gig.

But he’s so bad at picking stocks that he doesn’t even invest in individual stocks himself.

According to a recent CNBC article, here’s how he actually allocates his money:

  • 50% in cash
  • 40% in U.S. index funds
  • 5% in international index funds
  • 5% in gold and crypto.

Index funds and crypto?

Does that sound like someone who knows how to invest in individual stocks?

The answer is a resounding no.

But, again, he doesn’t care because he gets paid either way.

No matter how you perform, he’s a multimillionaire…

Cramer is notoriously so bad at stock picking that you can invest in one of the many Inverse Cramer ETFs that do the exact opposite of what Cramer touts on TV.

In fact, at the beginning of June, Cramer said you should sell!

Here’s what he said: “Unless you’re terminally greedy or totally brain-dead, you take some profits while you have them. This is not the time to double down, it’s the time to ring the register on some of your gains… Rather than wait for the cyclical weakness coming up, I’d lighten up ahead of time.”

That was smack-dab in the middle of this bull market leg.

Since then, the indexes have returned more than 10% combined.


Doubling down would have been the right move, indeed.

Get this… Last year, he recommended buying Netflix just before it crashed 65%, leaving investors in the lurch.

And he even called Nvidia a “loser” before it went on a massive run-up this year, hitting all-time highs and making a lot of investors rich.

The list truly goes on and on…

It makes me wonder how he still has a job with so many laughably bad calls.

Now, none of this is meant to drag the man. We’ve all got to make a living somehow.

But it’s merely to show you that one person with so many ties, connections, and obligations to corporate America can’t possibly make informed investing decisions.

And he certainly doesn’t have the well-being of the average investor at heart.

It’s probably why he keeps his own money out of the game.

It gets even worse when you look at so-called professional money managers who get kickbacks and bonuses from buying certain stock funds.

On the other hand, this is good news for you and me.

Because we here at Angel Publishing aren’t beholden to anyone or anything. We don’t get any kickbacks, tax breaks, or incentives.

All we do is study companies all day long in an effort to bring our readers massive gains.

That's it…

But if you still do it the old-fashioned way and pay a financial adviser, well, you'll want to see this…

Time for a Change

Keeping a finance bro on retainer may be costing you not only an enormous amount in management fees every year… but also the opportunity to grow your retirement savings by levels that would, by their standards, be completely unachievable…

I'm talking about annualized triple-digit gains — for three years straight.

Beating the market like this is simply impossible for most people.

But for a small handful of individuals, it’s business as usual.

You see, the same way that only Michael Jordan could average over 30 points a game in the NBA… only the very best money managers in the world can produce returns that beat the market by as much as 70x, year after year…

We’re not talking about the top 10% of managers, mind you… or even the top 1%… We’re talking about a very select group of investing geniuses…

People who are essentially wired for finding value where no one else can see it…

If you met these people in person, chances are you would find them a little bit strange. People like Michael Burry, the obsessive one-eyed medical student portrayed by Christian Bale in The Big Short… a man who netted $800 million for himself and his clients during the 2008 housing bust.

People with this kind of investing prowess are incredibly rare, but they do exist…

And they are proof that active investing can be extremely profitable… but only if you’re extremely good at it.

Hack Your Retirement

Take a moment and think back to your financial adviser, if you have one… or your 401(k), which is likely loaded with “professionally managed” mutual funds.

Can you reliably expect a 45% return every year from these sources? How about 35%? Or even just 25%?

Chances are you’re not getting that kind of a return, because the harsh reality is most individual investors, and even financial advisers, fail to match the market, let alone beat it by a factor of 70x.

But what if told you it’s possible to ditch the middlemen who eat away at your retirement and savings year after year?

What if, instead of having to trust some random finance bro to manage your life savings, you could have one of the world’s top money managers pick stocks and even asset allocations for you… and for free?

What if you could essentially copy and paste their every trade and reap profits like they do?

In the coming weeks, I’m going to show you exactly who these elusive investors are and how you can reap the same returns as them…

Putting you in an investing class above the rest.

Stay frosty,

Alexander Boulden
Editor, Wealth Daily

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After Alexander’s passion for economics and investing drew him to one of the largest financial publishers in the world, where he rubbed elbows with former Chicago Board Options Exchange floor traders, Wall Street hedge fund managers, and International Monetary Fund analysts, he decided to take up the pen and guide others through this new age of investing.

Alexander is the investment director of Insider Stakeout — a weekly investment advisory service dedicated to tracking the smartest money on the planet so that his readers can achieve life-altering, market-beating returns.

Check out his editor’s page here.

Want to hear more from Alexander? Sign up to receive emails directly from him ranging from market commentaries to opportunities that he has his eye on. 

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