Like user "Know-it-all" says, you need to be the one in charge of your finances. You should find someone knowledgeable and truthful enough to give you suggestions, and who will allow you to make up your own mind after giving you information. Financial advisors should only ever offer education about products and investments; be wary of any advisor who tells you what to do, or does not take the time to make sure you understand what your investments are going to do.
2006-11-28 15:52:27
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answer #1
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answered by kaputt_18 2
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The only good financial advisor is the one that you trust. Most planners perform the same kinds of services, so one being "the best" compared to the others may not make a difference.
Financial advisors should be considered the point of contact for your total financial plan, including retirement planning, investing, basic estate planning, and basic tax planning. You may find a lot of advisors with a lot of experience, but who you don't trust. Also, you may find some relatively new ones who will give you the best service, are the most trustworthy to you, but have not yet proven themselves.
Consider a financial advisor as more of a doctor than anything else. You don't go to "the best" doctor, you go to the one that you trust and who solves the problem, cures the disease, etc.
So do some research, interview a number of advisors, and decide on the best one for you. He or she may not be the best one ever, but the person you hire to manage your money should be someone you like and trust.
ForeclosureFish
http://www.foreclosurefish.com/
2006-11-28 16:06:53
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answer #2
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answered by Anonymous
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If you decide to use a financial advisor, you should ask them if they have a portfolio at http://www.top10traders.com - this way you can should how well their stock recommendations performed compared to other investors. Top10traders is a free site that lets you create a portfolio of stocks with $100,000 in "play" money. Each day the site ranks the best performing portfolios, so you can see how your picks perform compared to other investors. You can also read posts on investing from the best traders, as well as share your own investing ideas.
Here are this month's best traders:
http://www.top10traders.com/Top10Standings.aspx
Good luck!
2006-11-29 13:27:18
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answer #3
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answered by Anonymous
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The best financial advisor is someone who you can trust and who isn't earning a profit off of the advice he gives. My advice? Skip an advisor completely and buy a mutual fund or two. You'll need to research the best ones and understand the fees etc. but you'll cut out all of the bias the advisor has.
Jeff
2006-11-28 20:40:42
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answer #4
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answered by Anonymous
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WOW, you surely had a "monetary consultant" inform you to be 100% invested in equities with a 5 12 months time horizon? it really is a few crummy consultant. reckoning on your internet properly worth you would possibly want to be no better than 25% invested in equities with a 5 12 months horizon. 50% should be in bonds and 25% should be in money or little while period maturities.
2016-11-29 22:09:52
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answer #5
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answered by ? 4
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If you want to check out a company for adviser look at Primerica.com and if you like it you can call 630 368-1888 and ask for Roy. He can help you from there.
2006-11-30 13:12:54
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answer #6
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answered by Anonymous
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YOU!
When all is said and done, you need to understand enough about these issues to judge the effectiveness of your advisor. The worst thing you could ever do is to just trust someone.
2006-11-28 15:48:26
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answer #7
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answered by know_it_all_NOT 3
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Most likly no one on this forum. Watch out for answers that direct you to answers in a public forum like this. You have no idea who's telling you these suggestions. This could be a big mistake.
2006-11-28 15:49:48
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answer #8
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answered by Common Sense 7
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Here are the Top 10 in the World.
2006-11-29 12:15:37
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answer #9
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answered by Anonymous
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I would suggest Forex Capital Markets LLC. The company's website is www.fxcm.com . I would also suggest that you have a look at their forex managed funds, their website address is www.fxcmmanagefunds.com .
2006-11-28 18:35:50
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answer #10
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answered by Ariff Shah 1
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