Pay Them to Lose Money

Yesterday, FTVLive told you how many investors have figured out a way to make money in the market.

They say the way to do it is to listen to what CNBC’s Jim Cramer thinks is a good buy and then do the complete opposite of what he says.

But, we are now hearing about some investors that are not very happy with CNBC or Cramer after joining the network’s investment club.

The network set up the CNBC investment club and it is fronted by Jim Cramer, It looks like at one point it cost almost $500 to join this club.

Word is that CNBC is getting contacted by investors that are losing money and they aren’t happy about it.

The fact that CNBC would be selling a club in which Cramer is making stock picks is a bit head scratching to say the least.

Of course, the market is been really bad for the past few weeks and many people are seeing their portfolios drop.

If you want one of the stocks we have been buying lately and it won’t cost you $500 bucks for the tip, here you go.

FTVLive has been buying the stock symbol DRV which is a 3 times leveraged inverse exposure to an index that captures large cap equities of the US real estate segment.

In other words, we are betting that the red hot real-estate market is going to cool off.

Just a short time ago, we bought DRV in the low $40 range and when I last looked the stock was a shade over $60.

While the market has been dropping, our DRV investment has been on the rise.

FTVLive is not a stock expert and we are not telling you to run out and buy this stock. But, we are also telling you not to listen to Jim Cramer who is a “stock expert” and is soaking people for 5 bones for some shitty picks.

Just saying….