/24-7PressRelease/ - January 06, 2008 - After an unnerving 2007 in the investing world for Main Streeters, what portends for 2008? "More unpredictable pain," says 19-year veteran investment expert, columnist, and money commentator, Paul Young. "While irrefutable that 2007 was very tough for both Wall Street (the banking-brokerage sector was down as a group with major firms hit hard by a multitude of factors, not least the sub-prime and conventional mortgage disaster - still an active and highly problematic and perilous proposition for 2008 and beyond), 2007 was even more difficult for Main Street investors, 2008 may be Enron x 4+ nationwide," says Young, who predicted the Dot-cm disaster a full year before it hit and wrote of it as a daily columnist as it played out.
The confluence of disturbing world events, national unease, ongoing political change here and abroad, high oil prices now over $100 a barrel that shall ripple throughout the U.S. economy, poor new U.S. jobs figures for 2008 combined with a solid chance of national recession, housing price declines coupled with the mortgage meltdown (prices down, payments up - what a combo!) - these and other important consumer, Main Street matters will, Young asserts, make 2008 far more negative for America than the historic 1987 crash, the Dot-com disaster, and Enron - combined.
"It may be a rocky 2008 and the U.S. elections may not provide the hope America needs," says commentator, stock fraud fighter, and investment counselor Young.
WHO PAYS? Main Street. As ever, Main Street pays first. And fraud may be at the center of the storm. The homeowner who was sold loans he could not possibly afford to repay and who now faces foreclosure, the car buyer who was talked into loans exceeding the value of his car, the consumer sent many credit cards -- at 24% interest rates. And worse ... "From our standpoint, equal to the homeowner mortgage national fraud (a newly discovered phenomenon) is the ongoing securities investment fraud that has victimized Main Street for years. And it never ends, with new victims from all walks of life appearing daily, the bolder of whom come forward and take corrective action," says securities fraud fighter and burned investor advocate Paul Young, whose 19-year work for burned investors has given rise to a fee-based financial planning services unit tailored to the specific and individualized needs of the personal and family investor.
What to do in 2008? Young, who has no conflicts of interest, does not sell investments, and has no bias other than to the benefit of Main Street investors, advises individual investors to take a good look at their investments as 2008 begins and to adjust risk exposure to no more than 10% of one's investments assuming that the 10% can be lost without harm to the investor's standard of living. With the other 90%, structure to safety and establish focused investment goals based on the changing world and the investor's specific life circumstances. "No two investor's are alike," reminds Young. "A simple truism often lost on Wall Street."
It is a fast world. Many think a too fast world. How can people protect themselves and provide oversight for their money while balancing the other needs of their lives? "That's our job," says Young. "On multiple fronts for investors, those burned seeking recovery for now 19 years and those for whom safety is the driving force for investing well for the future."
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. Plus, confidential, fee only money counseling for American investors.
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, columnist and author. He also now chairs a fee-based investment counseling service. 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.
For Burned Investors: The SECURITIES FRAUD HOTLINE is free and has been 24/7 for 19 years at 1-800-222-4724. Investment advisory line is 310-826-0278.
Email: FraudFight@gmail.com for all inquiries.
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