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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Demosthenes who wrote (6691)	7/12/1999 10:50:00 PM
From: Bill Shepherd	Read Replies (1) \| Respond to of 15132

D: RE: But when a caller says they sold (or bot) their house I have never heard Bob ask what commission was paid to the RE broker or suggest that he/she went and bot a new car (as opposed to paying a mortgage or the dental bill for the kids). Couldn't Bob suggest a website or a book that would tell you how to do "for sale by owner"? Why hasn't he done so? Etc. Etc. D, you bring up a good point here...but the relevant point is VALUE. Most brokers UNDERPERFORM the alternative investment options, especially for small to medium investors (which afterall, is BOB's mass market.) Couple this with the breach of trust...brokers purposefully churn accounts solely to generate commissions, but unsuspecting victims often don't realize this. In comparison, everyone knows that a car salesman or real estate agent makes a commission. Sure, Bob could help listeners save money in many other ways...perhaps growing their own vegetables, or clipping grocery store coupons as well. These ideas, however, don't make nearly as compelling radio as the shark-victim stories, wouldn't you say? Regards, Bill S