Your brokerage account's 'back door' feature

Here's Why The "Bad News Bears" Are The Dumb Money Your brokerage account's 'back door' feature Using a 'backdoor' feature built into most brokerage accounts… this simple strategy turns everything you thought you knew about trading… completely on its head. With this odd type of trade - you're able to legally scoop up cash other investors are 'losing' in the market. And I'm not talking chump change here…The 'Oracle of Omaha' himself has used this very strategy to rake in as much as $4.5 billion in 'lost' cash in a single year. Your brokerage account's 'back door' feature. Here's Why The "Bad News Bears" Are The Dumb Money By John Persinos   My colleague Robert Rapier wrote an insightful Investing Daily article, published April 30, that underscores how CNBC often provides misleading financial advice. I'm reminded of what comedian Jon Stewart once said: "If I had only followed CNBC's advice, I'd have a million dollars today, provided I started out with 100 million dollars." During the trading day, I usually keep the television in my home office tuned to CNBC, but mostly for the raw data. I also watch for contrarian indicators. For example, if Jim Cramer starts jabbering like a chihuahua about the wonderful prospects of a certain stock, it might be time to short the stock. I've noticed in recent days that the immaculately coiffed pundits on CNBC have been warning of what they call an impending "tech wreck," due to excessive valuations and elevated interest rates. "Tech wreck" makes for a catchy phrase on a chyron. I always assume that such predictions from the network will have scant bearing on what actually happens. Sure enough, tech stocks have surged lately, especially as quarterly earnings from most of the sector's large caps beat expectations on the top and bottom lines. Read More... 659.5% Average Total Return on His Picks Robert Rapier has a 659.5% average return on his holdings. And that's no handful of "cherry-picked" winners… That's a full portfolio of 40+ stocks we've actually recommended to our readers. With nearly a dozen triple and quadruple-digit winners — it's clear this stock-picking system works. And now 3 more "red-hot buys" have popped up on our radar. Click here for the 3 stocks that could start paying you up to $1,915 per month. You are receiving this email at its028@gmail.com  as part of your subscription to Investing Daily. To ensure delivery directly to your inbox, please add postoffice@investingdaily.com to your address book today. Terms   |   Privacy   |  Unsubscribe   |   About Us    ©2024  Investing Daily 20 Pidgeon Hill Drive, Suite 202, Sterling, VA 20165 All rights reserved. Any reproduction, copying, or redistribution, in whole or in part, is prohibited.