SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: wooden ships who wrote (543)5/20/1997 7:31:00 PM
From: Investor2   of 42834
 
RE: Shark Story

Many brokers seem to get very upset with Bob, as evidenced on this very thread. They feel that he is anti-broker because he suggests that people learn to manage their own money.

Did you hear the call last weekend from the lady who went to a "financial advisor" in an insurance company? Ten years ago, she had $1.5 million. The "financial advisor" sold her $500,000 of limited partnerships (at a huge commission, I'm sure) that are now worthless. Additionally, he put $100,000 into some kind of an insurance instrument and the rest in loaded mutual funds.

Ten years later (last Sunday), she called Bob. SHE ONLY HAS $250,000 LEFT!!!

What a sad story. Too bad she didn't listen to Bob 10 years ago and learn how to manage her own money.

Best wishes,

I2
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext