A day in the life of a financial advisor

Questions on how we spend our money and our time - consumer goods and services, home and vehicle, leisure and recreational activities

A day in the life of a financial advisor

Postby mcse37 » Sat Mar 23, 2013 9:48 pm

A day in the life of a financial advisor:

http://www.youtube.com/watch?feature=en ... acqPzW0ukM
mcse37
 
Posts: 58
Joined: 31 Jul 2012

Re: A day in the life of a financial advisor

Postby Taylor Larimore » Sat Mar 23, 2013 9:58 pm

Taylor
mcse37 wrote:A day in the life of a financial advisor:

http://www.youtube.com/watch?feature=en ... acqPzW0ukM


Hilarious.

Thank you and best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
User avatar
Taylor Larimore
Advisory Board
 
Posts: 19089
Joined: 27 Feb 2007
Location: Miami FL

Re: A day in the life of a financial advisor

Postby Toons » Sat Mar 23, 2013 10:05 pm

Thank you so much,laughing tears :mrgreen:
"One does not accumulate but eliminate. It is not daily increase but daily decrease. The height of cultivation always runs to simplicity" –Bruce Lee
User avatar
Toons
 
Posts: 3608
Joined: 21 Nov 2008
Location: Hills of Tennessee

Re: A day in the life of a financial advisor

Postby mhc » Sat Mar 23, 2013 10:05 pm

I thought I had seen it before:

viewtopic.php?t=72806
User avatar
mhc
 
Posts: 2213
Joined: 4 Apr 2011
Location: NoCo

Re: A day in the life of a financial advisor

Postby nedsaid » Sat Mar 23, 2013 10:08 pm

This is good. A lot of people have unrealistic expectations which is another way of saying that in some ways, they never grew up.

I do taxes on the side and try my best to give people one or two good ideas to consider so that they could improve their financial situation. Most people aren't all that interested. So I only press my ideas if people are interested. Many people, like the prospective client will never get it. The blame for poor finances will always be with someone else.
A fool and his money are good for business.
User avatar
nedsaid
 
Posts: 2053
Joined: 23 Nov 2012

Re: A day in the life of a financial advisor

Postby Duckie » Sat Mar 23, 2013 10:13 pm

Other than the sentence disparaging index funds, everything he said was spot on. Brilliant.
User avatar
Duckie
 
Posts: 2112
Joined: 8 Mar 2007

Re: A day in the life of a financial advisor

Postby ddj » Sat Mar 23, 2013 11:01 pm

I'd like to see Harry Potter and Warren Buffett at least try.
ddj
 
Posts: 51
Joined: 5 Jun 2012

Re: A day in the life of a financial advisor

Postby Peter Foley » Sat Mar 23, 2013 11:50 pm

I'm sure that for some of us it is like talking to our brother in law! Great clip.
User avatar
Peter Foley
 
Posts: 1997
Joined: 23 Nov 2007
Location: Lake Wobegon

Re: A day in the life of a financial advisor

Postby Beat The Street » Sun Mar 24, 2013 12:14 am

This clip describes a good bulk of investors, which is why most outside of the boglehead world need a good financial planner.
5 out of every 4 people are bad at fractions.
Beat The Street
 
Posts: 165
Joined: 26 Sep 2012

Re: A day in the life of a financial advisor

Postby jpsfranks » Sun Mar 24, 2013 12:19 am

I don't know, practically the first words out of the customer's mouth were "I don't want to pay fees."

I can relate.
User avatar
jpsfranks
 
Posts: 871
Joined: 27 Aug 2007

Re: A day in the life of a financial advisor

Postby Beat The Street » Sun Mar 24, 2013 12:22 am

Paying a reasonable fee would be worth the rescue from a few costly mistakes described in the video.
5 out of every 4 people are bad at fractions.
Beat The Street
 
Posts: 165
Joined: 26 Sep 2012

Re: A day in the life of a financial advisor

Postby Cernel » Sun Mar 24, 2013 6:31 am

Toons wrote:Thank you so much,laughing tears :mrgreen:

+1
Yes, I did see this before, but still,..., made me LOL.
I just loved that last statement by the FP.
User avatar
Cernel
 
Posts: 213
Joined: 4 May 2008

Re: A day in the life of a financial advisor

Postby abuss368 » Sun Mar 24, 2013 7:57 am

mcse37 wrote:A day in the life of a financial advisor:

http://www.youtube.com/watch?feature=en ... acqPzW0ukM


Hi mcse37,

Thank you for that clip.

Priceless!

Best.
John C. Bogle: "You simply do not need to put your money into 8 different mutual funds!" | | Disclosure: Three Fund Portfolio + REITs
User avatar
abuss368
 
Posts: 5691
Joined: 3 Aug 2009
Location: At the Beach

Re: A day in the life of a financial advisor

Postby ruralavalon » Sun Mar 24, 2013 9:19 am

Great clip, thank you very much :D
"Everything should be as simple as it is, but not simpler." - Albert Einstein | Wiki article link:Getting Started
User avatar
ruralavalon
 
Posts: 4316
Joined: 2 Feb 2008
Location: Illinois

Re: A day in the life of a financial advisor

Postby pennstater2005 » Sun Mar 24, 2013 9:31 am

Hilarious! Index funds are not diversified….riiiight.
"The lack of money is the root of all evil." Mark Twain |
User avatar
pennstater2005
 
Posts: 918
Joined: 11 Apr 2012
Location: In front of a computer.

Re: A day in the life of a financial advisor

Postby peppers » Sun Mar 24, 2013 9:36 am

Yes, when all else fails, eat the young. :twisted:
"..the cavalry ain't comin' kid, you're on your own..."
peppers
 
Posts: 802
Joined: 25 Oct 2011

Re: A day in the life of a financial advisor

Postby bertilak » Sun Mar 24, 2013 6:07 pm

Very funny!

Especially the part about those risky index funds! I wonder if he charges a fee for recommendations of non-risky funds. No wonder people don't like fees.

Should be called The Smug and the Clueless.
No-one really listens to anyone else, and if you try it sometime you will see why. | -- Mignon McLaughlin
User avatar
bertilak
 
Posts: 2839
Joined: 2 Aug 2011
Location: East of the Pecos, West of the Mississippi

Re: A day in the life of a financial advisor

Postby enderland » Sun Mar 24, 2013 6:46 pm

This is so funny.

I think this is how a conversation with my parents would go :\
enderland
 
Posts: 190
Joined: 23 Mar 2013

Re: A day in the life of a financial advisor

Postby Sandman62 » Sun Mar 24, 2013 7:38 pm

Laughed to tears! Thanks. :D
Sandman62
 
Posts: 61
Joined: 6 Feb 2013
Location: Rhode Island

Re: A day in the life of a financial advisor

Postby noyopacific » Sun Mar 24, 2013 11:03 pm

Excellent!
I found another one: "The wrong financial advisor."
http://www.youtube.com/watch?v=Vv4HQG2Hz0I
The information contained herein, while not guaranteed by us, has been obtained from from sources which have not in the past proved particularly reliable.
User avatar
noyopacific
 
Posts: 155
Joined: 28 Jan 2009
Location: Mendocino

Re: A day in the life of a financial advisor

Postby Taylor Larimore » Mon Mar 25, 2013 8:03 am

noyopacific wrote:Excellent!
I found another one: "The wrong financial advisor."
http://www.youtube.com/watch?v=Vv4HQG2Hz0I


Obviously a Boglehead creation. Halarious!

Thank you and best wishes.
Taylor
"Simplicity is the master key to financial success." -- Jack Bogle
User avatar
Taylor Larimore
Advisory Board
 
Posts: 19089
Joined: 27 Feb 2007
Location: Miami FL


Return to Personal Consumer Issues

Who is online

Users browsing this forum: bertilak, dade, Drew31, Epsilon Delta, Google [Bot], guitarguy, niceguy7376, SpringMan, TomatoTomahto, wageoghe and 51 guests