Comments on: Brokers Do Not Always Act in Your Best Interest http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/ Money Management, Small Business, Career Sun, 21 Mar 2010 02:34:22 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Ryan http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/comment-page-1/#comment-3411 Ryan Wed, 02 Jan 2008 14:50:49 +0000 http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/#comment-3411 Hi Mike, I agree, I don't feel bad about my experience. Yes, I may have lost out on some money, but it forced me to learn more and do my research before investing. Helping others is a large reason I started my blog as well, and I think I have been able to do that. Hi Mike,

I agree, I don’t feel bad about my experience. Yes, I may have lost out on some money, but it forced me to learn more and do my research before investing. Helping others is a large reason I started my blog as well, and I think I have been able to do that.

]]> By: FourPillars http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/comment-page-1/#comment-3410 FourPillars Wed, 02 Jan 2008 14:41:52 +0000 http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/#comment-3410 Interesting post - I doubt your experience was abnormal. The fact is that financial advisors are commissioned salespeople, not "investment professionals". Taking the initiative to learn on your own and take control of your own investments is the best thing you could have done. Helping other people do the same is a great service (which is one of the reasons I started my blog). Mike Interesting post – I doubt your experience was abnormal. The fact is that financial advisors are commissioned salespeople, not “investment professionals”.

Taking the initiative to learn on your own and take control of your own investments is the best thing you could have done. Helping other people do the same is a great service (which is one of the reasons I started my blog).

Mike

]]> By: Ryan http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/comment-page-1/#comment-1984 Ryan Fri, 19 Oct 2007 02:48:18 +0000 http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/#comment-1984 Exactly... and he didn't even give me the chance to read up on what his crazy little fund was! I suspect it came attached with an "invisible" 6% commission or something similar. ;) Exactly… and he didn’t even give me the chance to read up on what his crazy little fund was! I suspect it came attached with an “invisible” 6% commission or something similar. ;)

]]> By: Mrs. Micah http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/comment-page-1/#comment-1983 Mrs. Micah Fri, 19 Oct 2007 02:12:08 +0000 http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/#comment-1983 Good warning. For the financially illiterate, this must be much worse. You lost money at the beginning, but you know better now. If you didn't, I expect this guy could've convinced you to buy his crazy fund. Good warning. For the financially illiterate, this must be much worse. You lost money at the beginning, but you know better now. If you didn’t, I expect this guy could’ve convinced you to buy his crazy fund.

]]> By: vause http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/comment-page-1/#comment-38 vause Tue, 24 Apr 2007 01:45:43 +0000 http://cashmoneylife.com/2007/04/23/brokers-do-not-always-act-in-your-best-interest/#comment-38 I am sure you have learned a lot about your investments. I am glad you are spreading the word out there. There are a lot of brokers who trick people and so I wanted to start a blog to show military members how easy starting a nest egg is!! I am sure you have learned a lot about your investments. I am glad you are spreading the word out there. There are a lot of brokers who trick people and so I wanted to start a blog to show military members how easy starting a nest egg is!!

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