From: "Ron Peterson"
Newsgroups: misc.invest.financial-plan
Subject: Re: Q. about how to live off a million dollars
Date: Fri, 2 Jun 2006 19:57:14 -0500
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Chris Cowles wrote:
> "John A. Weeks III" wrote in message
> news:john-E20F6A.22010431012006@sn-ip.vsrv-sjc.supernews.net...
> > I think it is the single biggest factor. If an advisor cannot
> > make their program work for themselves, how can I expect it to
> > work for me? I only have one shot at life, and I cannot take
> > chances being a lab rat for a newbie.
> If you inherited $2B and they didn't, would their investment strategies
> still be wrong?
A good investment strategy will be backed with data and understandable
reasoning. If you are simply told to put all your money into GE, the
advisor isn't helping you although he might be giving you the best
advice.
--
Ron
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