Gonna need to know this stuff . . . any day now.
Very Important Info
- Thread starter VThillman
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Always do your diligence when choosing a financial advisor.
If I sold my home at the town-assessed value, my estate comes to less than $80K. It's gonna be . . . awhile.
LOL. Well shucks, I posted this because I thought it was funny.
Little did I know . . .
Little did I know . . .
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Is there a link that goes with that image?
I would like to learn more.
Asking for a friend.
Ben
Fisher Investments has lots of ads, and is a fee based advisory firm for clients with >$500,000 investable assets. I have not done any research beyond a duckduckgo search.
https://www.fisherinvestments.com/en-us/about
https://www.fisherinvestments.com/en-us/about
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Agreed
We talk to our guy once a week. I think it may be as much for his advantages as ours. The Princess is the daughter of an IRS agent and familiar with stocks money and the markets. I add a bit of techno influences and we balance out the ride.
Our guy is a fiduciary which is a plus.
Ben
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While looking, please be aware there are Brokers, and Registered Investment Advisors:
https://www.investopedia.com/terms/r/ria.asp
RIA's are the "fiduciary" that Ben mentioned.
https://www.investopedia.com/terms/r/ria.asp
RIA's are the "fiduciary" that Ben mentioned.
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I see that ad at least 10 times a day.
All kinds of great stuff until they get to: "If you have more than a half-million dollars to invest..." we will actually talk to you, please give us all your money; if not, you are a peon and please don't waste our time.
That makes my blood boil.
If someone has more than $500K in liquid assets, trust me, there is a person with a brain taking care of it.
*Disclaimer: This does not apply to California.
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OK, lets do car warranty now.
They quit emailing me when I asked how to invest my 10 bucks a month
1965 Rambler Classic 550, 450000 miles. They quit too. I do miss that station wagon, it had personality.
I worked for a large investment institution. Any of the large companies have teams of strategists (& are of course in with/part of gov.) I cannot speak for all of them, but where I worked there are certain investments that are considered risky so a waiver has to be signed before purchasing so their recommendations are pretty safe. Also, a goal has to be established so a plan to reach your goals can be made. If you want a million dollars by the age of 40 and want to contribute $10 a month, the FA has the option to say go elsewhere even though there was no min. balance. Sometimes those with the least amount of $$$ consume the most time. Ask the FA's (financial advisor) questions any time you don't understand or have uncertainties.
Oh please yes! They are the only ones that ever call me anymore.
Without them, I would never know if my phone still works.
It's like oxygen.
"C'mon! Breathe for me baby!!!"
When it rings and the 'bot says: "This is Sherry from the vehicle service department and we've been trying to reach you... " I am gushing with praise and thanking them (it) for calling me.
Cell link-works, Full-duplex-works, ringer-works, speaker-works, microphone-works, disconnect-works, Passed all tests.
IT LIVES!
I chased my tail going from broker to broker for more years than I care to remember. I ended up with Morgan Stanley through the recommendation of a good friend, and I have been very happy. I have gotten double digit returns for many years, and the nest egg has grown considerably. Look for performance. What type of returns has the broker gotten for his clients? Ask for references.
I would suggest getting a copy of The Only Investment Guide You Will Ever Need written by Andrew Tobias. He explains how to start small, and watch things grow. A very good primer that won't break the bank. The hardest part is disciplining yourself to save. PAY YOURSELF FIRST. We all want to buy things, most of which we don't need. I am just as guilty as anyone. Put that money in a savings account to start. You will be very pleasantly surprised to see how it will grow even if you are saving small amounts.
I would suggest getting a copy of The Only Investment Guide You Will Ever Need written by Andrew Tobias. He explains how to start small, and watch things grow. A very good primer that won't break the bank. The hardest part is disciplining yourself to save. PAY YOURSELF FIRST. We all want to buy things, most of which we don't need. I am just as guilty as anyone. Put that money in a savings account to start. You will be very pleasantly surprised to see how it will grow even if you are saving small amounts.
I just gave up and retired when the economy went south in ‘08. Never worried about ‘advisors’.
Why would ANYONE trust their money to a person called a "broker"?
Why would ANYONE trust their money to a person called a "broker"?
A rose by any other name... Would it make anyone feel any better if they were called a "Financial Advisor"? How many other names have we changed in this day and age because of some perceived negativity? Sanitation Engineer. Administrative Assistant. Flight attendant.
Get me a good return, and I will be happy.
