We have, therefore, the difference between a real financial advisor and one who uses distractions, A financial planner, a real one anyway, is one who is interested in their client's long-term goals by asking his clients to look at the how and why of investments, not just the results. When a financial advisor does not want his clients to examine the how and why of investments, but rather would continually distract the investor, we have nothing less than a con game.
I began this thread by talking about how a con artist, usually the stereotypical boardwalk con artist (running a three card monte or other type of scam) will employ a beautiful woman to act as his assistant. However, the woman is there solely as a distractor. She is present to prevent the mark from being able to focus on the task and thus not able to try and develop a strategy on how to "beat the system."
So, is a financial planner trying to distract you to prevent you from focusing on the investments? Are you being discouraged from asking the how and why of your investments, or just being told to focus on the returns?
I began this thread by talking about how a con artist, usually the stereotypical boardwalk con artist (running a three card monte or other type of scam) will employ a beautiful woman to act as his assistant. However, the woman is there solely as a distractor. She is present to prevent the mark from being able to focus on the task and thus not able to try and develop a strategy on how to "beat the system."
So, is a financial planner trying to distract you to prevent you from focusing on the investments? Are you being discouraged from asking the how and why of your investments, or just being told to focus on the returns?
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Have a great and fraud-free day.
----------à>>>>>>>>>>>>>>>gene
tausk
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