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Strategies & Market Trends : Dividend investing for retirement -- Ignore unavailable to you. Want to Upgrade?


To: Steve Felix who wrote (14645)3/1/2013 10:18:01 AM
From: Triffin  Read Replies (1) | Respond to of 34328
 
"If they have a small blowup from time to time I'll tell them that they get what they pay for. lol!"

Such is the life of the family financial advisor ..
No good deed goes unpunished !!

Triff ..



To: Steve Felix who wrote (14645)3/1/2013 10:26:37 AM
From: Paul Senior3 Recommendations  Read Replies (1) | Respond to of 34328
 
If they have a small blowup from time to time I'll tell them that they get what they pay for. lol!


I suspect that won't go over too well. When it's their money that's taken a good hit, you'll find you'll be facing stares-- they won't be laughing with you. Jmo.

The risk when managing somebody's money, esp. a family member. They take credit for their acumen in being wise enough to be getting the gains; you take blame if the stock/stocks fall.

Why I don't want to oversee anybody else's money.