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Strategies & Market Trends : Asia Forum -- Ignore unavailable to you. Want to Upgrade?

To: Lee who wrote (5823)	8/24/1998 11:16:00 AM
From: Robert Douglas	Read Replies (1) \| Respond to of 9980

Lee, You wrote: Blasphemy...The financial community has taught me over and over that I am a dumb %$#^ and that I know nothing about what to do with my money. I am better off if I hand it over to the smart planners and let them invest it as they see fit. The financial planners are so much smarter than am I; were I to act as an independent agent I'll lose my shirt! No, Lee, no. The only thing the financial community is good at is convincing you that they can manage your money better than you can. For this they usually take between 1 « and 3% a year. The dirty little secret is that they actually know LESS than you do. Where are all the client's yachts? -Robert