Check this out this coming Saturday! My friend @TimNashCFP is one of the driving forces behind this great event. Hope to see you there.
https://t.co/ukZqdSl2mQ
I did, however, enjoy the visual of this headline - and making this Stress Test episode on the ups and downs of investing with @darrylcabrown and @rcarrick https://t.co/uQnwmWcLdg
I did, however, enjoy the visual of this headline - and making this Stress Test episode on the ups and downs of investing with @darrylcabrown and @rcarrick https://t.co/uQnwmWcLdg
@BoomerandEcho @OfficialFPCan I’d have more the a few clients push back on inflation, short-term and borrowing if I were to use those (I wouldn’t).
There’s a tendency to forget these numbers are used over a number of decades so shouldn’t whipsaw with every market move but I’m probably giving this a C-
Was here before tho. When I started as a Jr. Analyst in '07, the bots were already roaming around picking away at work. Back then, AI was able to "read" 10Q's (quarterly reports) pick relevant data and even form a basic opinion on the earnings release 🤖...
"There are very few ironclad rules when it comes to stock market patterns, so you’re not guaranteed to experience gains just because the previous year was a dud." ↘️↗️ - @awealthofcs
https://t.co/vn3VbaUFWB
Ok - So CRM2 (Enhanced investor disclosure) yaaaay, you see the advisor fees broken as separate transactions 😎 and investors focus their attention there as they should, but it takes attention away from the investment products, which ALSO have fees 👀
It's not that CRM2 made things worse, some disclosure is better than none.
At least It's resulted in fewer people coming to me saying they pay NO fees 😣. But it certainly feels like the disclosure is incomplete and there's room to improve.
2.1% on $1.9M is almost $40K per year in fees to the "advisor" (who, to their credit calls maybe four times instead of once per year) and the investment manager.
IG. No shocker. And there are LOTS of these accounts out there.