Planning Pointers, Reading Lounge
by John Lohr and Ian Lohr “On Wall Street, there are more commissions paid out to stock salesmen than profit is collected by stock buyers.” — Will Rogers From reading Gil Weinreich’s recent thought-provoking articles on SEEKING ALPHA, it becomes apparent that the lack...
Planning Pointers, Reading Lounge
“A stockbroker is somebody who invests all your money until it’s gone.” — Woody Allen So I was having lunch at the Bozeman Trail Steakhouse the other day and was introduced to a local who had been to see one of these financial advisors for investment advice. I asked...
Planning Pointers, Reading Lounge
Investing based on return is like buying cattle because you like their brown eyes. — Ian Lohr, author So, what are the helpers trying to sell you? Mutual funds invest shareholder assets (your money) in stocks, bonds, options, futures, currency, cash and a raft of...
Planning Pointers, Reading Lounge
There has been a lot of discussion on this site about whether Advisors added any value to investors. (For my perspective, see my article here in SA: “How Do You Quantify the Value of Advice”). The general investor consensus is, “We don’t want to pay 1% (or whatever)...
