Your safe money doesn’t belong in the Wall Street Casino. Some might think it’s a safe place for investing. For many of us, it’s simply a venue to gamble.

You and I both know that gambling makes the house money. If you go to a casino, guess what? The house always wins!!!.  So let’s take a look at what gambling is. Gambling occurs when 100% of your wager or bet is subject to 100% loss. Just like a casino, when you bet on a stock, your money is 100% at risk.

When you gamble, you give up control of your money. You are hoping for an outcome that you have no control and no power over.

As time passes, you make more bets, and the house will win more of your money in a casino because the odds are stacked against you and are in favor of the house. You’ll win sometimes, but most of the time you’ll lose. In the long run, the house will take all of your money.

The same goes with bets made on stocks at the Wall Street Casino, but with a few exceptions.

Most people who gamble at the Wall Street Casino know less about the game of chance they are playing than gamblers at a Las Vegas casino. Also, most of the bet bookies at the Wall Street casino know less about the game for the bets they are booking than the stick men at a Las Vegas casino.

A majority of the promoters (media-geniuses) of the Wall Street casino know less about the game of chance they are heavily promoting than the promoters of Las Vegas casinos.

It’s similar to a George Carlin analogy – both the Wall Street Casino and the Las Vegas Casino inspire you to bet your money with 100% risk of loss but only the Las Vegas Casino actually tells you that it’s a bet and the odds are against you.

History doesn’t lie. History shows that mainly the knowledgeable, well connected, and wealthy win at the Wall Street Casino. They routinely win the money from the other betters by stacking the odds in their favor and against the other betters.

The promoters and bet bookers at the Wall Street Casino continually point to the long-term increases in the stock market. They conveniently, or naively, omit the fact that the fat-cats who control the odds are the ones who have prospered while the average investor/gambler has achieved low yields and/or losses.

This is your wake up call folks. It’s time that you examine investing in stocks and come to realize that it is a gamble that you might not do very well in because you have zero control over the game or the outcome. Giving up your money to a broker or money manager may be the worst thing you can do (or have done).

Until now, “investors” have been placed at the mercy of the Wall Street Casinos because they have not been aware of anything else that is available.

As a result, most of us have to deal with financial advisors who are merely nothing but salesmen and brokers who are self-proclaimed advisors. They are stockbrokers and/or insurance agents working for companies that license them to sell stocks and insurance. Most of us don’t have a chance, and haven’t had a chance, to achieve good investment performance while the wealthy have continually gotten wealthier with very high-priced professional assistance.

It’s time to take your safe money out of the Wall Street Casino folks.