Despite the ease of trading over the Internet and the publicity given day trading, Americans today are putting eight out of ten of their discretionary investment dollars into meeting long-term goals, according to new research by the Forum for Investor...
September 19, 2010 | In: stocks
An attorney recently told me that a rep's duties to his or her customers (in a non-discretionary account) terminate upon the consummation of the transaction. No wonder, that attorney cited a court opinion from 25 years ago. That court opinion is...
Asking questions and getting answers is the heart of Step 4. Your financial advisor can assist you in getting information and can provide guidance based on experience and personal knowledge of you and other clients. Remember, the risk/reward tradeoff is...
We’ve all seen the movies and read the books about the lucky person who suddenly inherits a bucket full of money or wins the lottery. The plot always involves the problems the newly coined millionaire faces with his riches.
But receiving a big cash...
The key for mutual fund investors is to define and recognize value in professional financial advisor services, and then insist on getting that value. When you pay a sales charge or a fee, what can you expect a financial advisor to do for you? At a...
You should select a financial advisor carefully, starting with references from friends and other professionals like your lawyer or accountant. Another method is to talk to the branch manager of a financial services firm about your investment needs and...
Eighteen years ago, right after graduation from dental school, Morris Clark met a Connecticut financial advisor who taught him how to save and invest. “Peter talked about how finances can fit into the rest of your life,” says Clark. “His greatest...
If you’re new to investing.you may be wondering how to invest properly.There are so many options available, that the choices may seem overwhelming. However, there are some basic principles that can help you make some basic decisions about where your...
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