Distractions and Diversions 6

So - as discussed, a real financial advisor is interested in telling his clients how and why the investments work.  He wants his clients to be fully fluent in the knowledge so that the clients know why the investment counselor is making these choices for his client.  The investment counselor does not want his clients to be distracted by trivialities.

     The con artist, however, the less-than-honest investment counselor is always looking for a distraction so that the investor does not have the time (or the initiative) to find out how and why the money is being invested in a certain way.  The "sexy girl" in this case is a metaphor for some type of device that keeps the client distracted.  The client should be focusing (according to the shady investment counselor) on the distraction, not on the real issues.  Then, like the three card monty or the shell game that is prominent on boardwalks, suddenly the investor finds that his money is gone and he has no way to account for his loss.

     So - the real question - is your investment counselor focusing on the how and why of investments, or is he simply trying to blur your focus?

NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR IS IT INTENDED TO BE LEGAL ADVICE.  IF THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.

Have a great and fraud-free day.

http://www.tauskvega.com

----------à>>>>>>>>>>>>>>>gene tausk