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#1
posted to rec.boats
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Will losses at Bank of America...
Eisboch wrote:
"BAR" wrote in message . .. wrote: Where the hell were you getting a 20% return? You gotta have you finance guy putting you in the right funds. I'll tell you, I have to give you guys credit for having the balls to let a "finance" guy manage your money and/or investments for retirement. Maybe I could have made more, maybe not, but I like using common sense and doing it myself rather than rely on some person who makes a living using your money. Nope. No way. Eisboch (with due apologies to all those CPA's/CFP's out there) He makes his money selling you investments with a high profit margin for himself. |
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#2
posted to rec.boats
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Will losses at Bank of America...
"Reginald P. Smithers III" "Reggie is Here wrote in message . .. Eisboch wrote: "BAR" wrote in message . .. wrote: Where the hell were you getting a 20% return? You gotta have you finance guy putting you in the right funds. I'll tell you, I have to give you guys credit for having the balls to let a "finance" guy manage your money and/or investments for retirement. Maybe I could have made more, maybe not, but I like using common sense and doing it myself rather than rely on some person who makes a living using your money. Nope. No way. Eisboch (with due apologies to all those CPA's/CFP's out there) He makes his money selling you investments with a high profit margin for himself. Depends. You do not want a financial planner who makes money on the trades. You want one who takes a percentage of total portfolio. He has a large incentive to grow that portfolio. As to using a CFP, I am thinking about it, as it seems as I age, I have less desire to do the tracking required for investing. we are traveling a lot these days. |
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