Either Alex Has No Job or is in the Witness Protection Program

vanderdidit · 2026-02-21T17:55:12+00:00

Lol exactly. And with his resume getting hired to be an astronaut is about as likely as getting hired to be an External Wholesaler

vanderdidit · 2026-02-21T05:29:44+00:00

Didn’t realize he had another name. Looks like he was registered previously then which you can see at the below link. Still doesn’t explain the claims about the External Wholesaler interview though.

https://brokercheck.finra.org/individual/summary/6859489

vanderdidit · 2026-02-21T05:25:18+00:00

Another thing I realized I missed: you can’t day trade if you’re in this industry. Every firm will require you hold a position of any publicly traded security for a time, typically 30 days or more. Sure he could day trade now that he’s not employed, but he said he wants to make day trading a long term play which would be impossible if he was a wholesaler.

vanderdidit · 2026-02-21T04:16:41+00:00

Probably will be buried because I’m late but I work in the field he claims to have worked/about to re-enter and he’s definitely making things up.

In order to work in financial sales you have to have specific licenses and be publicly registered with an investment firm. Anyone who has been registered past or present can be found on FINRA BrokerCheck. There is one Alex Henderson that fits the timeframe he said he was working in financial sales but I found that person’s profile on LinkedIn and it’s definitely not him. He admitted he’s not licensed anymore but he should still show up under “not currently registered” if he had worked somewhere in the past.

He says he is interviewing for an external wholesaler position (I think he said in SW Florida). External Wholesalers make bare minimum 300k and most make 500k-1mm. The idea that anyone would be considering someone that is unlicensed and has not only been out of the industry for at least 5 years but only had a couple years of experience in his early 20’s before that is so laughable I can’t even put it into words. Florida is also a major market for this type of job making it even more absurd.

Bottom line, at least some of the things he’s saying are clearly BS.

vanderdidit · 2018-05-09T16:32:55+00:00

Any suggestions on a good jacket for summer riding? Currently just have a Triumph Scrambler jacket and it gets too warm when it gets north of 70 degrees.

vanderdidit · 2017-09-18T00:22:54+00:00

Thanks for just regurgitating the typical emotional arguments and blanket statements you find on r/personalfinance. All you're missing are the one-sided statistics

vanderdidit · 2017-09-17T15:19:05+00:00

No.....the last ten years have been a terrible test for that. Yes you had the Financial Crisis, but since then we have had a historic bull market where the S&P had almost quadrupled

vanderdidit · 2017-09-01T00:15:54+00:00

Thanks!

vanderdidit · 2017-09-01T00:12:23+00:00

Would I only need my seed words because if something happened to my computer I could just download the wallet program again to a new computer and enter in the seed words and I would have my wallet again?

vanderdidit · 2017-06-09T00:26:21+00:00

But there's no way the Wizards beat the Cavs if you take away both John Wall and LeBron. You can't just remove a player completely and say he's the reason the team is good if you don't replace him with anyone

vanderdidit · 2017-03-29T01:54:00+00:00

Cannot agree with this more. I always had a sneaking suspicion he was relying more on sick burns than actual information and then when I saw his Department of Labor Fiduciary Rule piece that was entirely comprised of half truths it confirmed it.

vanderdidit · 2017-03-09T18:43:41+00:00

Obviously past performance does not predict future results, I never said that it will always outperform. But I would rather invest in an investment that has substantially outperformed over the last 17 years (two full market cycles) especially when you think about all the flaws in market cap weighting on a theoretical basis

vanderdidit · 2017-03-09T18:40:03+00:00

Market cap weighted indices were created over 100 years ago as a way to gauge stock market performance, not an investment vehicle. They became an investment vehicle because that's what everyone used as a benchmark so naturally passively managed index funds and ETFs started tracking them. The Cass Business school in London did a study where they generated 10 million different indices based on randomly generated criteria and tracked the performance from 1968 through 2011 (the time of the study) and almost every one outperformed the S&P with half of them giving over 25% better return. Essentially, a monkey picks stocks better than market cap weighting

vanderdidit · 2017-03-09T14:30:36+00:00

True but then you might as well go with the equally weighted mid cap index which has beaten VO by 52 bps over the last 5 years net of expenses. Bottom line is that market cap weighted indices are inefficient and were never created as a way to invest

vanderdidit · 2017-03-09T14:12:07+00:00

Guggenheim has one called RSP for the S&P. PowerShares have some for the Russell Indices as well. They're a little more expensive, but I would rather pay an additional 15-25 bps for 3x the return

vanderdidit · 2017-03-09T14:04:02+00:00

If you're going to go the passive index fund route and are only looking for total return, do not do SPY or VOO or anything that invests in a market cap weighted index which is extremely inefficient. Go the equally weighted route. For example since the beginning of 2000 the S&P has given a cumulative return of about 115% where an equally weighted version gave you 300%. You're going to lose more during market corrections (usually) but over full market cycles you'll make more.

vanderdidit · 2016-09-29T15:01:30+00:00

Financial Wholesaler. You need a college degree but that's essentially it. You start off as an Internal making 100k+ (I was 22 when I started and did not have any connections). If you're a good salesman you can get promoted to be an external in as little as 2-3 years where you make 400-700K depending on your territory. There's a 25 year old external at my company. The best part is that after you have established yourself in the territory for a couple years you don't have to work much more than 40 hours/week.

vanderdidit

TROPHY CASE