Our mission is to aggressively seek out and identify companies and financial professionals willing to answer the people’s appeal.
The People’s Appeal
The group the financial community is supposed to be serving. This is an appeal from the people the financial community should be concerned about most. This is an appeal from the people the financial community should always put first. This is an appeal from those that are hurting. Our appeal is one for equity.
Fairness is what we are asking. We the people who are informed have come to some realizations. First of all, we realize that in order to have a free capitalist society, we must have markets with financial professionals and institutions to run those markets. Secondly, we realize financial professionals and institutions that actively trade and facilitate markets will inevitably earn and control large sums of money. Third, we realize we must accept this reality.
Lastly, we realize large sums of money are made trading and facilitating markets no matter what is happening in the general economy. For these reasons, we the people are making this appeal to the financial professionals and institutions for moral rightness. When we ask for fairness, we are asking those professionals and institutions that are in the business of lending to find ways to trade and facilitate in the markets to generate revenues for, and lower interest rates and fees charged to their customers.
When we ask for equity, we are asking those professionals and institutions in the business of investing to find ways to generate more returns and pass those returns along to their customers. When the common family has a little less interest to pay on what usually is a mountain of debt, it translates into a little more gas in the tank, or a little more food on the table, or a little extra cash to go to a movie on a Friday night, or even a much-needed family vacation.
When the common, everyday investor can depend on compounding a few extra percentage points each year in their 401k, IRA’s, 529’s, and brokerage accounts, this would translate into more money for children’s education, better living conditions during retirement. It would translate into allowing some who normally would not be able to retire, the ability to do so. It would translate into some retirees not having to choose between food, medicine, and shelter.
It would translate into less pain being felt by the group that is supposed to be served. We who are making this appeal are asking the financial professionals and institutions to go back to the drawing boards, to go back to the laboratories, to go back to academia to retool and rediscover methods that will improve performance. We know this can be done. We know there are some in the financial community who possess methods and technologies that will make the difference between great versus good performance, and gains versus losses.
We are asking that the financial professionals and institutions do what is needed to bring about the fairness we seek. We are asking they diligently seek out the resources needed to help ease the pain being felt by the everyday investor and customer. Wall Street Insight (WSI) will make resources and assistance available for those financial professionals and institutions that find it difficult to improve performance. WSI will embrace those financial professionals and institutions that make a sincere effort to grant our appeal for fairness.
WSI will do all in its power to improve the relationship between the financial community and the general public. Finally, we ask the financial professionals and institutions to take to heart this cry for moral rightness. We are asking financial professionals and institutions to join our initiatives to improve the world of finance. We ask for empathy, we ask for consideration, we ask for fairness. We the people hope and trust that our cry does not fall on deaf ears.
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