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Don't trust your financial advisor


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2017 Jun 9, 8:44am   741 views  3 comments

by tovarichpeter   ➕follow (6)   💰tip   ignore  

https://www.bloomberg.com/news/features/2017-06-07/fiduciary-rule-fight-brews-while-bad-financial-advisers-multiply

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1   Jimbo in SF   2017 Jun 9, 9:14am  

Sheesh ... I don't know why folks can't open a brokerage account and just buy ETF's?

2   Strategist   2017 Jun 9, 9:58am  

They are crooks. Every one of them are nothing but greedy worthless crooks.
The best advise for those who need advise costs nothing...........Just buy an S&P500 index fund/ETF. Try Vanguard or Fidelity. You will beat 95% of the managed funds every year.

3   FortWayne   2017 Jun 9, 10:41am  

Strategist says

They are crooks. Every one of them are nothing but greedy worthless crooks.

The best advise for those who need advise costs nothing...........Just buy an S&P500 index fund/ETF. Try Vanguard or Fidelity. You will beat 95% of the managed funds every year.

And won't have to pay the management fees on top of that.

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