It seems these days everyone wants to rebuild their wealth, they want to make all the money back that they lost when the stock market crashed. In fact, you can pick up almost any financial newspaper, or financial magazine, or even go online and you will see the Gurus of finance offering tips to get you back on track and earning money. Interestingly enough, these are the same financial Gurus who advised you prior to the stock market crash. So, one has to wonder if you should even listen to them.

Not long ago, I was reading Smart Money Magazine, and in it was just such an article. No longer are they recommending 10-ways to build wealth or create wealth; now it’s all about strictly “Re-Building” the wealth you recently lost in the stock market, with your 401K, mutual funds, and all the money you lost in your retirement portfolio. Boy, have things changed from the articles and advice that was being given in the 1990s and turn of the millennium.

Apparently, buying and holding for long-term investing is no longer in. Now, the many of the advisors out there seem to be telling us to go to foreign markets, such as China where the growth is faster, and many of them are advising taking bigger risks, investing in ETFs, even considering oil commodities.

It appears that the green funds of alternative energy that were in are not getting the play that everyone had hoped for, and although many of these articles and financial planners are recommending blue-chip stocks, small cap mutual funds, and the various bonds, they all seem to have some side bets that are of high risk in various sectors. Indeed, the kinds of risks which a more prudent financial advisor who’s lived through several decades of business cycles wouldn’t touch with a 10-foot pole. I hope you will please consider all this.