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On the other hand, any financial planner who told you the best thing to do was to stick your money into the highest-yielding bank account you can find would be
by hugh3 16y ago
On the other hand, any financial planner who told you the best thing to do was to stick your money into the highest-yielding bank account you can find would be out of a job. They have an incentive to make investing look complicated.
- ttol 16y agoI've tried both commission-based financial planners and fee-based financial planners. Not surprisingly, commission-based financial planners hawked their firm's mutual funds which just so happened to have high fees on them. With my fee-based financial planner, their only incentive was to make sure I did well, was happy, and would be back next time to get more unbiased advice. If you're interested in a referral, send me an email. She appears on CNBC a couple times a month, and I've been satisfied with her work.