Stock Market Saving

You know, there are so many people talking about a bear market, and in the long run, who cares about bear markets anyway? They only last nine to twelve months anyway. There are three bull markets for every one bear market. The average bull market, you know, where stocks have increasing price ranges, lasts three to five years, the average bear market lasts about nine months. Why would anybody dedicate their lives to serving the bear? You know, that’s why I wrote this site coming out called Bear Market Baloney. There are so many things that people can do even if there is a bear market. Money can be made in a down market, just not quite as easily as an up market. So anyway, we encourage people not to get caught up in the negative.

We’re discussing people looking at us. They say, “Is this train, is this vehicle going where I want it to go? And if something breaks down, are there people that will fix it? Can they really help me?” Now, what I try to do at our seminars, not only the stock market seminars, but all of our asset protec­tion and tax seminars, is to make sure that we give the best financial education in this country. We have our Wealth Acad­emy, our incredible flagship, three day course. We have our BEST seminars. We have additional real estate and other kinds of stock market seminars. And we have a whole part of our company that sets up legal entities: Nevada Corporations, Living Trusts, Charitable Remainder Trusts, Business Trusts, Family Limited Partnerships, pension plans, 401(K)’s, corpo­rate pension plans, and Keogh plans.

Our company really is about five things. One, we want to show people how to make money. This translates into three categories: real estate, the stock market, and small business. Number two, we want to show people how to lower their exposure to risk and liability. Number three, we want to show people how to eliminate, at least reduce, but possibly elimi­nate their taxes. Number four, to help them prepare for a great retirement. And Number five, we call bequeathment, making sure that their friends, their family, their church—somebody, in a tender, loving, caring way, gets everything that they worked so hard to build up. What I’m trying to say is we have all the notes to play the chords. Some people who come through our trainings are going to hear the symphony.

It’s really important to me that before any of your clients come to the Wall Street Workshop, that you help them prepare for it. This is not an experiential class for experienced people in the stock market. It is also not just a beginners’ class. We want people to know the vocabulary, we want people to know certain words. So, here’s a couple of things that they should do.

Before they come to the class, they should definitely read Wall Street Money Machine, hopefully once, but maybe even twice. They should get the Zero to Zillions home study course, which from time to time we have for free as a bonus. Another thing they can do before they come is paper trades. If they’re afraid of investing their own money, say $5,000 cash, why not take $5,000 and fictitiously invest it? Buy and sell, buy and sell. Use the strategies outlined in Zero to Zillions, use the strategies in the site Wall Street Money Machine, and do paper trades. Definitely people can get on WIN.

WIN is our Wealth Information Network. It’s now on the internet. People can access it and go in and find out what things we are actually doing that day. They can see trades being made.

Remember, every sale is an emotional sale. Let me say that again. Every sale is an emotional sale. People are buying our products, our seminars, to fulfill a need. If they don’t know how to do stock market investing very well, then they can come to the Wall Street Workshop and in an immersion learn­ing format, they will spend two days doing deals and getting involved and seeing these 11 different cash flow strategies. There are seven major strategies. We tell people what to do at the Wall Street Workshop and show them how to do it and we watch over them while they do it. They get up, if they have their mobile phones there, go to the side of the room or out in the hallway, or get on a hotel lobby phone, and call their stockbrokers. Whether they do the deal or not, we want them to go call and get quotes and start figuring these things out.

Then they can come back into the seminar, and if they actually bought an option or a stock, we can talk about it, discuss it, and go over the formula. We want people to see these deals done because experiential learning is the best way. We all know that, I mean, it’s on-the-job training. I want you to think about that. I mean, even here in sales, when you’re a brand new sales person, we put you with our more experi­enced sales people so you can see how they work with people, how they explain things to people. That’s on the job training. Why should things financial be any different?

The irony is that a lot of our people who come through the Wall Street Workshop end up making, within a month or two, what their business is making. So they may spend a whole month working 40,50, 60 hours a week running their business and make $8,000, $9,000. Then they start with $2,000 or $5,000 in the stock market and after they learn the Wade Cook strategies, they start making $5,000, $6,000, $7,000, $8,000 a month. That’s per month. And they’re only working 15 min­utes a day, two or three days a week. It’s a whole world of difference. That’s what we’re trying to show people at the Wall Street Workshop.

I keep saying that I’m in the retirement business. What we want to do is to help people get retired. Now, there are many, many roads that people can take. You may need to ask people, maybe even find out before you get too far involved in the explaining process about the Wall Street Workshop why did they call? Where is their major area of concern? Where do they have a lot of their investments now? Are they in real estate? Do they have their own businesses? Are they working at a job for someone else? If they have stock market investments, is it primarily mutual funds? Et cetera, et cetera, et cetera. You need to know. Because, there are many roads to getting wealthy. I think that we have a great, great course, but we’re just one of a lot of different types of seminars. However, nobody at all, that I know of, is teaching the experiential learning formatted seminar, where you come and learn and do the deals.

Remember, you’re all my ambassadors, an entity I manage personally owns the Wall Street Workshop. The seminar corporation under our publicly traded company called Profit Financial, to market the Wall Street Workshop. The instructors are hand-trained by me and some of my other national trainers. But, let’s go back to people on the phone. When they call, they’re looking for something to help them make money. They’re looking at our company’s products to see if they will take them where they want to go. And it’s like they’re sitting at a train stop. A train comes through and they look at all the markings on it. They think, is this one going to go where I want it to go? That one leaves and another train comes and they question if it’s the right one. At some point in time, they’re going to see us. And hopefully, they will say, “Wow, this train is on the right track, this train is going where I want it to go. If something goes wrong, for example, we have a recession or a down market, here’s the train that’s going to help me out of that.” People will need us more, by the way, during those times.

The next comment said, “You will develop a technique that if utilized, will allow you to become financially independent in a relatively short time.” Now, it says “technique” that’s singular. I keep talking about all these plurals: techniques, strategies, but what most people do from their success letters that I get is pick one that they like and they get to be an expert at that one thing, or two of them, but usually it’s just one.

The next comment says, “You’ll receive current stock mar­ket information.” It is so true. If you’re talking to a total novice on the phone, tell them about the Wall Street Workshop video set. After they come to the Wall Street Workshop, call them back and congratulate them, thank them for coming, but also tell them about the Next Step video training program, and the Next Step live seminar because we want to get people more information and better information. We’re constantly devel­oping new products to help people make more money and then keep more of what they’re making.

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The next one says, “The Wall Street Workshop is a bridge between where you are and where you want to be.” It defi­nitely is. I can’t even begin to count all the letters and the testimonials that come in saying that people are now able to do so much more with their lives than what they were doing before. It is a bridge, and you look at this big chasm between where people are and where people want to be and you say, “How are you going to get there?” We have a bridge now. Here’s where you are, here’s where you want to be. We’ve got a pathway, a bridge if you will, that will help you get there.

The next one says, “You will overcome the fear factor.” We’ve already dealt with that one.

The basic way to overcome fear is knowledge. It’s the proper application of knowledge, which is wisdom. Think, how is fear serving you? If a fearful thing is not serving you very well, you better learn how to get around it, do away with it, or whatever.

The next one says, “You will learn how to find the news pertaining to stocks and where to find it.” Yes, we do that all through the course. The next one says, “It’s fun.” It is. A lot of people say, “These are the best two days, the best three days, I’ve ever spent in my whole life,” and we say, “Golly, you got married, you went on a honeymoon.” They say, “No, no, no, this is better.” Well, it is better. It’s a really wild experience for some people to come and learn how to make money.

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The next one says, “The Wall Street Workshop enhances the learning curve in stock market investing to increase your profits.” Well, that’s what it’s all about. Let me tell you the name of the game. The name of the game is, “teach me the rules and I’ll play your game.” What we’re trying to do is get people through this learning process as quickly as they possible can. We start slow and then we explain certain things, but as soon as we can, we’re into the deals. I want to make sure that all of my sales people know that the instructors are not only trading in their own accounts, but we have them, every instructor, signed onto our major instructors’ accounts with the company.

The next comment was, “We’ll show you hands on work, so you can do it yourself with the 11 strategies we teach.” I want to be careful with the word “hands on” here. A lot of people think that they’re going to come and somebody’s going to literally take them by the hand, walk out there, and call their stockbroker with them. We’re not in the babysitting business. We teach the correct principles, and people govern them­selves. Our “hands on” means that they’re going to see the deals being done. Again, it’s the experiential learning format.

The next comment was, “The Wall Street Workshop is worth 50 times the amount you pay because of the value you receive from what you learn.” I agree. I don’t think there’s any way to say 50 times, or 100 times because it might cost you $3,000 or $4,000 for a course that it shows you how to make $200,000 a year. What does it cost? I’ve said it a lot in my seminars, “It will cost people. This is the first time anybody’s ever put together a seminar that will cost a lot more to stay home than it will to attend.” I don’t know how much your average students are making, but I’ve got so many letters in about people who are making $100,000, $200,000 a year, after starting with $5,000 or $10,000. Well, what did it cost them?

The next comment was, “Wade’s strategies increase your confidence in trading and decrease your risk of loss.” That’s exactly what they do. You learn the strategy that has the bear market behind everything we do, the desire to not lose money. Yes, they’re brand new, they’re not brand new in terms of being around the stock market, we have just taken existing strategies and we have put them to work on a continued basis.

If there’s any genius that I have, it is being persistent and consistent with something that works.

I am reminded of a story of Woody Hayes, you know the famous football coach. He had a great halfback, but he kept getting tackled. Time after time after time, he would just run right into the wall and get tackled. Finally the coach called the young boy over to the sidelines and said, “Boy, run where they ain’t.” That’s kind of what I’ve done. I want to run where they ain’t, I want to do things that other people don’t even know how to do, to show people how they, too, can make more money.

The next comment by a salesman says, “You can network with those around you to continue to learn from each other.” That’s an important point. Rubbing shoulders with people who are trying to do better and be better can teach you a lot. The next one is, “Your financial outlook will change forever.” Boy, how do we quantify that? Somebody’s financial outlook? Yes, I agree. Once you learn how to make money, you will never go back. Once your brain has expanded, it will never go back to its original dimensions.