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a day in the life of a financial advisor - diehard humor

Posted: Thu Apr 14, 2011 5:58 pm
by NateH
ever feel like you are talking to a brick wall when offering financial advice?

http://www.xtranormal.com/watch/7743951 ... al-advisor

Posted: Thu Apr 14, 2011 6:42 pm
by Middle
A little long at over 6 minutes but pretty funny.

Posted: Thu Apr 14, 2011 8:04 pm
by nisiprius
:?: :?: :?
At 1:07 into the video, JoeAndrews84 wrote:Advisor: "Index funds are inexpensive but offer no professional management or thorough diversification. They can be very risky."
1) The managers of Vanguard's index funds aren't professionals? What do they do on their day job?

2) The whole darned stock market isn't "thoroughly" diversified?

3) How, exactly, are they any riskier than actively managed funds?

:roll:

Posted: Thu Apr 14, 2011 8:18 pm
by dbonnett
The final line should have been the fifth line.

Posted: Thu Apr 14, 2011 9:30 pm
by pjstack
nisiprius wrote::?: :?: :?
At 1:07 into the video, JoeAndrews84 wrote:Advisor: "Index funds are inexpensive but offer no professional management or thorough diversification. They can be very risky."
Let's face it, this is what you would expect a financial advisor to say!

Other than that, the clip was pretty funny.

Posted: Thu Apr 14, 2011 10:05 pm
by livesoft
Index funds are risky. So what? They are not meant to be CDs.

Posted: Fri Apr 15, 2011 2:45 am
by BruceM
"YOU HORRIBLE WOMAN!"

and (paraphrasing)

"...keep your son home, feed him and fatten him up so during retirement you can chop him up and eat him with mac-n-cheese, cause that's all you'll be able to afford..."

Now that's funny!

BruceM

Posted: Fri Apr 15, 2011 6:20 am
by dharrythomas
Thanks. This is great

Posted: Fri Apr 15, 2011 6:40 am
by BachemFan
Thanks for a good laugh early in the morning.

Posted: Fri Apr 15, 2011 8:43 am
by NateH
nisiprius wrote::?: :?: :?
At 1:07 into the video, JoeAndrews84 wrote:Advisor: "Index funds are inexpensive but offer no professional management or thorough diversification. They can be very risky."
1) The managers of Vanguard's index funds aren't professionals? What do they do on their day job?

2) The whole darned stock market isn't "thoroughly" diversified?

3) How, exactly, are they any riskier than actively managed funds?

:roll:
Somehow, out of the whole six minute clip, I knew that's the line some Diehards would focus on.

A day in the life of an advisor

Posted: Fri Apr 15, 2011 9:08 am
by Taylor Larimore
Hi Nate:

I thought the clip was hilarious. I forwarded it to several advisor friends of mine.

Thank you.

Posted: Fri Apr 15, 2011 12:04 pm
by Andrew1234
What a cool program!

Posted: Fri Apr 15, 2011 12:38 pm
by FafnerMorell
NateH wrote: Somehow, out of the whole six minute clip, I knew that's the line some Diehards would focus on.
Well, suggesting cannibalism of your children is pretty passe these days. Insulting indexing - those are fightin' words.

Posted: Fri Apr 15, 2011 12:50 pm
by HomerJ
"So you prefer the opinion of an electrician with a subscription to Money magazine over that of a certified financial planner?"

What's funny (and sad) that in many cases it's a coin-toss who would actually give better advice.

Posted: Fri Apr 15, 2011 12:50 pm
by Boglenaut
Andrew1234 wrote:What a cool program!
Agreed.

I used Xtranormal to make this video on a similar topic:

http://www.youtube.com/watch?v=uW49z3iVBkE



That computer generated voice can be made to sound very sarcastic if you do it just right.

Posted: Fri Apr 15, 2011 12:52 pm
by HomerJ
Okay, that's funny....

"Harry Potter and Warren Buffett together could not help you achieve your financial plan"

I do enjoy how often she says "Well, I'll just pay for that using my IRA money!"

Posted: Fri Apr 15, 2011 1:25 pm
by CABob
Well done.
I decided to change my signature because of it. :P

Posted: Fri Apr 15, 2011 1:58 pm
by flowerbuyer
:D :D :D

Oh, my.

Posted: Fri Apr 15, 2011 2:31 pm
by GammaPoint
Thanks, that was pretty funny.

Posted: Fri Apr 15, 2011 4:59 pm
by bobinberea
rrosenkoetter wrote:"Harry Potter and Warren Buffett together could not help you achieve your financial plan"
Yup, that line had me laughing out loud. In its own perverse, hilarious fashion, this isn't a bad little primer on some basics about saving, retirement, facing reality, etc.

Posted: Fri Apr 15, 2011 5:04 pm
by dhodson
Very funny.

Unfortunately the skepticism towards some advisors is deserved. My advisor at age 39 put me in a 412i using annuities and whole life to fund my retirement convincing me that maximizing deductions would provide the maximum benefit.

Posted: Fri Apr 15, 2011 5:38 pm
by mickeyd
Both very funny. Thanks for posting the links. :D

Re: a day in the life of a financial advisor - diehard humor

Posted: Wed Mar 21, 2012 6:27 pm
by ruralavalon
Hilarious :D .

Best line -- "Harry Potter and Warren Buffett together could not help you achieve your financial plan"

Re: a day in the life of a financial advisor - diehard humor

Posted: Wed Mar 21, 2012 7:24 pm
by ElJay
I really like how the customer randomly says out of the blue that she hates annuities and she doesn't want one because Suzy Orman says they're evil. Suzy Orman. Suzy Orman. Suzy Orman.

Re:

Posted: Wed Mar 21, 2012 7:30 pm
by rob
nisiprius wrote:3) How, exactly, are they any riskier than actively managed funds?
By using the age old method of salesmen the world over - compare different things and make it appear the same.... The emerging markets INDEX fund can easily be shown to be risker then an ACTIVE bond fund. :oops: