(02-20-2014, 04:42 PM)CornFed link Wrote:Really folks. Saying there is no need for financial advisors and then giving financial advice is not a model of consistency.
Perfectly consistent. I said people should get financial advice. They just shouldn't pay for it (when the best way to do it is so simple). The worst is when clients get bad advice i.e. actively managed accounts by brokers that churn commissions and underperform the market.
(02-20-2014, 04:42 PM)CornFed link Wrote:Really folks. Saying there is no need for financial advisors and then giving financial advice is not a model of consistency.
Perfectly consistent. I said people should get financial advice. They just shouldn't pay for it (when the best way to do it is so simple). The worst is when clients get bad advice i.e. actively managed accounts by brokers that churn commissions and underperform the market.