This should be an interesting meeting.....I love seeing how much money I have lost over the course of the last year....
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Make sure to inform him about Matchbook, SBR, and myself.
FH
ps- Most financial advisors are full of crap and clueless.......that is why they are working. The working man is a sucker.Comment -
Fishhead fvcking nailed it.
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Actually I am on track a little more than I thought...Going to become a little more aggressive with Mutual funds and some stocks. Also need to start a Roth IRA and get some disability insurance in case I can't work.Comment -
Amby I looked into the insurance and its a joke but there arent any other options really... Let me know who you go through and maybe ill check them out. I think my quote was like $80 a month for $1,500 in coverage which I thought was bullshit...Comment -
I bet I could live off your yearly alcohol expenses ambyComment -
Blai meeting his financial advisor is like jj meeting his hair stylist: there really won't be much to say.
But agreed with others that financial advisors are morons, and basically like touts. If they understood finance properly they wouldn't be robuts sitting at desks for $15/hr advising barreled in fukks like blai.Comment -
Amber your fukkin broke
you do not need an advisor
you need GAComment -
My Brother is my Financial Advisor/Stock Broker, for the last 28 months, I put my monthly statements in my office drawer and refuse to look at it.המוסד
המוסד למודיעין ולתפקידים מיוחדים
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I was a certified financial planner for nearly 6 years and yes there a lot of goofs but also a lot of real pros that will definitely help. Look out for the guys that simply advise solutions that make THEM the most commissions.Originally posted by AMBlai01
How can you tell?
You wanna deal with someone that takes the time to understand your needs and objectives. Someone who takes the time to understand what's important to you and who will tailor fit a plan to meet your needs.
There are dozens of products he can suggest. One might be perfect for you but not for your buddy next door. Look for an agent that will listen, explain and recommend. Deal with a solid company of course.
Also, most financial planners can do business with any financial institution and it can be tempting to put the business through a somewhat lower rated company that pays a higher commission.
I remember cases where I could have placed the business through an A+ company and made $3000 or placed if with a lower rated firm and made $7000. It can be that tempting and I have seen first hand, salesman that only place the business to companies that pay the most commissions.Comment -
Financial advisors are only good if they make it to national television as a celebrity.........then they have accomplished something in their personal life.
If they don't, most will live to know they destroyed many lives with their worthless advice.
FHComment -
Originally posted by Fishhead
Like any business. Good and bad mechanics, bookies, sportsbooks, cops etc etc.
Most people understand that.Comment -
youd been real pissed if you met with him in february. the market got u some back since then. GLComment -
Yeah...happy you are right...I looked at my statement for my mutual funds and it was purging money..not a great feelingComment -
I just started investing with some guy named Madoff. My monthly statements show huge returns, I'm planning retirement as we speakComment -
Major get a hold of me if you are interested in disability insurance...mine is going to be about $50 a month for around the same coverage. I think you were getting ripped off. hahaOriginally posted by themajormtComment
