Working With the Wrong Advisor

The Saver hates taking risks and hesitate about investing, or even spending.  

Advice: Cash is not a suitable long-term investment. A financial advisor could help you find the right investment approach and the level of risk you are comfortable with. 

• A financial advisor’s compensation is rarely if ever tied to your success. The majority of their income is based upon the amount they get you to invest.
• You will pay a fee to your chosen fund plus a fee to the financial advisor.
• You Might Not Get The B...

Flattery, even if it is in-your-face and false, boosts the psychological mindset of people, especially if they are ‘down’.

Studies show that a request for advice makes the advisor feel positive and self-confident, in turn boosting the positive perception of the advice seeker, as a fringe b...