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Does Your Financial Advisor Eat Their Own Cooking?

Here’s a great question to ask your financial advisor: How much of their own cooking are they eating? This is one of those pertinent and telling questions to help you suss out a solid financial advisor vs. a salesman-like advisor. In this week’s video Brian and I help you figure out if you have a financial advisor who believes in and is passionate about what they offer. It could change the way you think about your advisor in a big way. What we’ve been watching and reading: America is truly an amazing place to live and invest: Jamie Dimon, CEO of JP Morgan, was interviewed by the Economic Club of Washington D.C. This entire interview is fantastic, but we really enjoyed from 10:20 to 13:30 as he discusses how great and how much potential the United States has. He also discusses the role of banking in the financial crisis. Some
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Categories: Personal Finance.

Being Human: Biggest Obstacle to Your Investing Success?

“Be careful when you follow the masses . . . sometimes the ‘m’ is silent.” – Mark Twain Investing is tricky and many people are doing it so wrong they are dramatically limiting their future prosperity. Today in my video newsletter I want to talk about avoiding doing something wrong. And the wrong often comes simply from following our instincts and being human. Let’s talk about how “being human” can get in the way of successful investing. What We’re Reading How Salespeople Make Money from Your Wealth: This is something that we wrote for the popular website Investopedia.com. It is a must read as it shares with you some first-hand experience of how sales can hurt you (current example is Wells Fargo). It also offers a suggestion of what you can do about it. If Wall Street is Bearish, I’m Bullish! Barry Ritholtz explains all the scenarios to be negative
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Categories: Personal Finance and Wise Money Monthly.
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