Monday, November 14, 2011

Occupy Wall Street Or Laugh At It?

If you thought this was going to be a blog on my opinion on Occupy Wall Street, flip the page. It's about a book that was sent to me in the hopes of a review with the rather catchy and well-timed title,  Laughing at Wall Street, a treatise on how to get your fair share of the wealth generated by following a few simple steps.

I admit to having a cynical eye toward any of the sundry books out there that profess to have all the secrets as to how you can create a fortune, find true love, write a book, blah, blah, blah. But a glance at the first few pages and Chris Camillo's writing was easy and engaging so I decided to dive in.  Plus having written a book myself, I understand the importance of reviews, good, bad or indifferent.

If having control over your financial future is of interest to you and you have thought about dabbling in DIY trading, I recommend you get yourself a copy. There is no doubt this is an informative book with easy instructions on the basics and lots of resources. There are no guarantees of what wealth you can create but Chris does have an interesting perspective on how to create an OPM (other people's money) fund with which to start. Like stopping the Starbucks for as long as it takes to accumulate a few hundred in spare cash. If the fancy drinks are your downfall, that won't take too long.

What struck me the most in this book was the larger picture of what Chris addresses. He repeatedly points out that all the high priced analysis that envelopes Wall Street on a daily basis, the charts, the trends, and the projections, can still overlook what is really going on in the world and in the case of the market, where the next big hot stock is going to be and where you can reap the benefits.

24/7 Cable News and Internet blogs have us inundated with "experts" telling us what happened, what is happening and what will happen. If we are not careful that leaves us little room to draw our own conclusions, about stocks or anything else of consequence. And if we listen too long, we might even think we have no control over our own destiny.

Chris is an inspiring writer. Whether it is how to increase our net worth or follow our passion in life, the book for me was a reminder that we have the power to take control and make something happen. We live in a time where vast resources and information are at our fingertips and where we can  engage with others on-line and off-line. We must remember to pay attention to what is going on around us, to not rely on stats and analysis alone, to not believe an "expert" just because they say they are, and to the box and out of the box. We might make mistakes and lose a few, but as long as we learn from that we are on our way to creating what we want. And if you follow Chris's instructions, that might be increased wealth.

I don't know Chris's opinion on the Occupy Wall Street movement. I am not sure I know my own. But I do know that when given a choice, I opt for laughter!

 Are you a DIY investor?
Do you rely soley on experts or do you draw your own conclusions?

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