About MarketRiders
Why We Created It
My name is Mitch. I consider myself an average guy who has looked at investing from both sides of the street-Wall Street, that is. Okay I admit it. I have an MBA from Harvard and have had a successful career in the Silicon Valley. I then invested in and worked as a hedge fund manager. But here's where the story takes a detour.My dad is a retired entrepreneur and he wanted to find a reputable firm he could trust to manage his retirement funds. We interviewed several of the top firms on Wall Street and reviewed fee structures, performance, and tax implications. My conclusion? Most of these firms are simply giant fleecing machines! My father was about to throw away his hard earned money -- money that was meant for my mom and dad's retirement.
At the same time, I became intrigued by a system of investing that was permanently out of favor on Wall Street because there are no fees paid to brokers or advisors. Determined to learn more, I began reading books by investment experts and started talking with my colleagues, some of the most successful money managers in the world.
I discovered that financial luminaries like David Swensen, Burton Malkiel and John Bogle all used aspects of the same investment system. So did Yale, Harvard, Stanford and Princeton. I realized that you don't have to be a genius-and you certainly have to avoid most of Wall Street's products-to make money the way financial masters have done it for decades. Since this system is not based upon beating the market, you don't need fancy degrees, techniques and research to do well. And you cut out almost all the fees.
How to deal with money, savings, retirement -- creates confusion with most of us. We want to trust a professional. So we turn to Wall Street for help. But the cost of that help, the fees, can wipe away 33% - 50% of your money over time. No one can afford it!
Ironically, elite institutions and wealthy investors avoid these fees and use a very simple system that anyone can implement. I started MarketRiders to bring this system to everyone and help people protect their nest eggs from harm.
Why This Site Is Different From Any Other Investment Site
180° From Conventional WisdomMarketRiders is fundamentally based around the opposite of every other investment website. This is about picking a good asset allocation, investing in a group of the lowest cost funds available, sitting back and doing periodic rebalancing. It's not about beating the market or finding the next great stock or mutual fund that will outperform. (or, that will make headlines.)
Free Portfolios
MarketRiders wasn't created to mine your pocketbooks. In fact, it's to do the opposite -- to make a difference and help people grow their nest eggs quickly and safely.
We're offering you a way to experience this for free so you can see how powerful our investment method is. Our portfolios are free for you to use, share and learn from. If you decide this method is right for you, then you can upgrade your membership and manage your portfolio with our online software. Our software costs less than the fees invested in a $15,000 average mutual fund, or a couple hours with your CPA - no matter how much money you have invested.
