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But....aren't we all 'technically' FA's.....we tell all friends an family to invest in $TSLABeing an FA was my backup plan when I graduated college. Fortunately I found a real job instead.
Well, read Forbes......
What am I missing? Why so conservative? ....
I thought FA was about client enrichment. Turned out it was a combination of hand holding and leeching off helpless people.Being an FA was my backup plan when I graduated college. Fortunately I found a real job instead.
Only if they ask. Too much risk that things don't go well and you get blamed. On the other hand, if it goes up you won't get the credit. My Dad asked me when TSLA was about $200. He and my step mom aren't so great with savings etc. but had 10k to invest. She convinced him to only add 5k. Well, he is still up nearly 10X in under a year.But....aren't we all 'technically' FA's.....we tell all friends an family to invest in $TSLA![]()
I was struggling to find employment (the market wasn't great in 2005) in consulting so I interviewed with Morgan Stanley advisors. The guy was quite clear that most of the money was in selling insurance. Actual financial advice was gravy that came late in your career. It's a sales job, not an investment job.I thought FA was about client enrichment. Turned out it was a combination of hand holding and leeching off helpless people.
But....aren't we all 'technically' FA's.....we tell all friends an family to invest in $TSLA![]()
Only if they ask. Too much risk that things don't go well and you get blamed. On the other hand, if it goes up you won't get the credit. My Dad asked me when TSLA was about $200. He and my step mom aren't so great with savings etc. but had 10k to invest. She convinced him to only add 5k. Well, he is still up nearly 10X in under a year.
August 20 – Treaty of London: Portugal and the United Kingdom define the borders of the Portuguese colonies of Mozambique and Angola.What is so special about 1890? Strong magnet to this sp, even yesterday.
What is so special about 1890? Strong magnet to this sp, even yesterday.
LoL. I'm not afraid to admit I sold in May after the 5/1 8:11 tweet cuz I thought Elon was losing his mind. I told my wife and she gave me the chilling "you effing retard" look. Mind you, I've always been the wallet keeper but here're her exact words "Why did you do that? It was our ticket out of this dump!"We all see the problem here.....'listening' to our spouse cost your dad 10x more gains!!
What am I missing? Why so conservative? The evidence around suggests much higher CAGR than 50% IMO.
S (S nake Jazz) & P (P olynesian elevator music) inclusion coming after hours and word is leaking out??
Well, that got my attention...