"We knew first and wrote on July 13, 2006 on the Expertclick news site that the American economy was going down a dark spiral. A year and a half ago we forecast the economic downturn amidst the fog that has enveloped the economic reality of America," said Securities Arbitration's founder Paul Young today. "It is a backhanded compliment that Merrill Lynch, Goldman Sachs, and others, not to mention the government, are now seeing what we saw then. Indeed, as Michigan votes today, it is clear now to many what was clear before: the American economy is Michigan writ large."
2008? “Recession and more unpredictable pain,” says 19-year veteran investment expert, fraud fighter, columnist and money commentator, Paul Young. The ‘R’ word: RECESSION has been swirling around for months. Young asserts that 2008 may be far more negative for America than the historic 1987 crash, the Dot-com disaster, and Enron – combined. This economic tsunami shall likely extend well into 2009 or beyond and require federal action by a new president and an aware new Congress to solve. A little luck would not hurt."
WHAT TO DO IN 2008? "Stay safe," said Young, in an exclusive interview today. "Use the 'measure twice, cut once' theory for investing. And be very safe. It is hard to lose money by staying safe but diversifying, as well. These are not incompatible concepts in theory or reality. In tough economic times, staying safe protects an investor from downturns and, worse still, downturns caused by rogue stockbrokers, financial planners, and registered investment advisors.
"We know, as we fight to recover for burned investors everyday. And check your investment holdings often. Whether you are a millionaire or pensioner, be aware of where your money is going."
Young advises safety first with proper diversification reflecting the needs and life circumstances of the individual investor.
"If Wall Street is akin to Las Vegas gambling, which it is for many investors, the difference is that what happens on Wall Street does not stay there. Indeed, the ramifications can be severe and lifelong," said Young.
Expert ALL MONEY MATTERS commentary for radio, TV, print fully experienced Paul Young. Fighting and winning back money for burned investors nationwide resulting in the recovery of millions on millions from Wall Street for Main Street.
Though we have a ten point program of how to properly select a stockbroker or financial pro, the stark reality is that in this economy the best tip is that of safety first. Young has seen the pain caused in 87 and after when people did not follow that path and, instead, followed the pitch of a well-spoken stockbroker or financial salesperson who last year may have worked in a bar.
Who we are: Paul Young is a nationally recognized and experienced rep and advocate for burned investors who has personally recovered millions for burned investors, case by case by case. A MONEY MATTERS broadcast commentator, lecturer, columnist and author, Paul is the founder of Securities Arbitration Group and of the non-govt. and fully free Securities Fraud Hotline @ 1-800-222-4724. Our national team’s job is to get money back for burned Main Streeters from Wall Street when and if they have been burned by their stockbroker, registered investment advisor, brokerage or other financial services firm.
Young is fully media experienced, print and air. Interviews 24/7 at 1-310-880-8222. This is direct dial number exclusively for journalists and bookers.
For Burned Investors: The SECURITIES FRAUD HOTLINE is free and has been 24/7 for 19 years at 1-800-222-4724. (Lines are very busy this month, so inquiring investors should leave their contact name/number confidentially)
Email: FraudFight@gmail.com for all inquiries.
