The Residential Real Estate Crash Index Message Board

STOCKTALK

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 : The Residential Real Estate Crash Index

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SouthFloridaGuy who wrote (6476)	11/1/2002 9:02:52 PM
From: Tradelite	Read Replies (1) of 306849

<<Why are 1/2 my friends out of work?>> Could it possibly be that the clients of your friends who are now out of work are seriously down in their financial portfolios, as a direct result of relying on your friends' advice? When one considers that 80 percent of a professional's business is generated by 20 percent of established clients, it is not hard to imagine that "financial service advisors" are having a hard time right now. Their clients aren't doing any better, if that's any comfort. (I fired a "financial services advisor" two years ago, so I guess I'm included in the statistics somewhere). Not trying to be judgmental.....just realistic. In my business, you give bad advice, you get bad karma somewhere down the road.....or even faster in some cases. And are there any people in the financial services industry making out like bandits right now after being the "dogs" during the great bull market? Yes.....I know of a few, who recommend stock investing based on fundamentals, and who avoided the pie-in-the-sky-high-flyers and took a lot of crap for doing so when times were better. Their portfolios look pretty good right now.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next