In the last article I introduced the concept of Make Money in the Stock Market : Zero Sum Game part I and who is really making money with your finances. There are two sides to every story. In investing, there is the buy side and the sell side. My discussion shall start with the sell side, which is a label given to investment banks. Read more »
I will never forget my first investments class in business school. After finally completing core classes, I was so excited to learn about how to make money in the stock market. Of course, the first words my teacher said were, “Ok class quiet down… Welcome to Investments 301. Let me start by saying we will not be learning how to make money this semester because I honestly couldn’t tell you.”
Reality sets in these days as I now realize why he had such a futile perspective. But if we aren’t making money, who is? What are our failures offset by?
Ameriprise Career is nothing but a glorified pyramid scheme. Just so you know this is not the opinion of a disgruntled customer, but is a compilation of my experiences along with those of my friends who have worked for Ameriprise, or what was once American Express Financial Advisors until they had to spin them off due to them tarnishing the brand name. Some of the details may vary by office and region, but the basics are the same. Do not start a career with Ameriprise or give them money until you read this.
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