First I should like to apologize for using the word ‘scum’ it was a very bad choice of word and I was just tempted to delete it. I suppose that part of the reason that I used it was to make people angry and to get attention…anyway it was bad taste on my part and I am sorry.
I do have the greatest respect for both Mike and Jason…..I hope and trust that we are all on the same team.
The overall emotions put forward on this post have shown the different personalities of the members on here and it is great to see such a mixed and outspoken re-action…. with I suppose more to come?
Am I angry about all this? ……maybe:
Three years ago a very close family member of mine lost everything to a financial adviser (a family member as well) their beautiful home in the countryside, their income, the lot (not in America I might add. They trusted this person’s advice and for a couple of years everything was great….then…you can finish this story yourself if you want to…..
The people on this site are good people, we can share.... I just saw this on Wkipedia:The road to hell is paved with good intentionsMeaning
The meaning of the phrase is that individuals may do bad things even though they intend the results to be good. An example is the economic policies of the 1920s and 1930s. These were intended to be a prudent response to the economic turmoil following World War I and the Wall Street Crash respectively, but they were one of the causes of the Great Depression.Moving on....
I live in Reno Nevada and I have just typed in Google Financial Advisors Reno Nevada and there is whole stack of them free (at least for the advice) So what we are seeing now I think is a completely new concept, and full marks for its creation. How many local financial Advisors will be subscribing to this new concept? Quite a lot I should imagine. Do they invest in the things that they recommend?A Short Story
There was a street market in India that trading only in Gold. Every stall in the marketplace was protected by at least two police officers. One day a man tried to rob one of the stalls and he was quickly overpowered by the police. When he appeared before the magistrate the magistrate asked him “Did you not see the police”? to which he replied “I did not see the police, I saw only the gold”.
In closing, check this out, It is most definitely not a comment regarding this topic but still it is quite a good short read:http://knowledge.wharton.upenn.edu/arti ... 1452744195
caveat emptor …………….let the buyer beware
In closing: these comments are not and cannot be aimed at anyone on this site because there is nobody on this site that has (as far as I know) suggested that you invest with them, all that is being promoted is a monthly subscription to a Blog or Website, there’s nothing wrong with that.
That’s all, I am now finished with this topic, once again: I apologize to anyone that I may have offended, good luck and good hunting, regards Jim T.