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Lol weren't some of our board Trumpers gleefully prancing around jonesing for an economic collapse and a recession on Monday of this week?
I don’t disagree with the sentiment, but your financial advisor may not be required to be a fiduciary. If they are a CFP, yes, if they just have their Series 7, no.Those who freak out watching the stock market dip and dive, rise and fall on a daily basis are doomed to a life of crap. Play the long game boyz and gurlz. How has your portfolio done over the past 5 years? 10 years? Speak with your financial advisor (I prefer Edward Jones) who must by law act as fiduciary and discuss how aggressive or conservative you may want to be given your age and year you want to retire. Anything else and you’re just pissing in the wind.
And whatever you do, don’t listen to trump about Wall Street! That SOB is pissing on your boots and telling you it’s raining.
Hopefully, this will bring down the cost of bacon and put an end to the millions of financial deaths we have been suffering...Dang it, hate when the economy is booming and prices are lowering! Thoughts and prayers to all of our Republican friends out there during these trying times.
If one doesn’t know whether or not their financial advisor is a fiduciary, then they need to find out fast and not allow said advisor to pull another string on their behalf. If they are not acting in good faith as a fiduciary, one needs to find that out and proceed accordingly.I don’t disagree with the sentiment, but your financial advisor may not be required to be a fiduciary. If they are a CFP, yes, if they just have their Series 7, no.