A day in the life of a financial advisor

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A day in the life of a financial advisor

Postby mcse37 » Sat Mar 23, 2013 8:48 pm

A day in the life of a financial advisor:

http://www.youtube.com/watch?feature=en ... acqPzW0ukM
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Re: A day in the life of a financial advisor

Postby Taylor Larimore » Sat Mar 23, 2013 8:58 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
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Re: A day in the life of a financial advisor

Postby Toons » Sat Mar 23, 2013 9:05 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
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Re: A day in the life of a financial advisor

Postby mhc » Sat Mar 23, 2013 9:05 pm

I thought I had seen it before:

viewtopic.php?t=72806
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Re: A day in the life of a financial advisor

Postby nedsaid » Sat Mar 23, 2013 9:08 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.
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Re: A day in the life of a financial advisor

Postby Duckie » Sat Mar 23, 2013 9:13 pm

Other than the sentence disparaging index funds, everything he said was spot on. Brilliant.
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Re: A day in the life of a financial advisor

Postby ddj » Sat Mar 23, 2013 10:01 pm

I'd like to see Harry Potter and Warren Buffett at least try.
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Re: A day in the life of a financial advisor

Postby Peter Foley » Sat Mar 23, 2013 10:50 pm

I'm sure that for some of us it is like talking to our brother in law! Great clip.
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Re: A day in the life of a financial advisor

Postby Beat The Street » Sat Mar 23, 2013 11:14 pm

This clip describes a good bulk of investors, which is why most outside of the boglehead world need a good financial planner.
“Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.” -Taleb
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Re: A day in the life of a financial advisor

Postby jpsfranks » Sat Mar 23, 2013 11:19 pm

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.
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Re: A day in the life of a financial advisor

Postby Beat The Street » Sat Mar 23, 2013 11:22 pm

Paying a reasonable fee would be worth the rescue from a few costly mistakes described in the video.
“Never ask anyone for their opinion, forecast, or recommendation. Just ask them what they have—or don’t have—in their portfolio.” -Taleb
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Re: A day in the life of a financial advisor

Postby Cernel » Sun Mar 24, 2013 5:31 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.
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Re: A day in the life of a financial advisor

Postby abuss368 » Sun Mar 24, 2013 6:57 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
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Re: A day in the life of a financial advisor

Postby ruralavalon » Sun Mar 24, 2013 8:19 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
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Re: A day in the life of a financial advisor

Postby pennstater2005 » Sun Mar 24, 2013 8:31 am

Hilarious! Index funds are not diversified….riiiight.
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Re: A day in the life of a financial advisor

Postby peppers » Sun Mar 24, 2013 8:36 am

Yes, when all else fails, eat the young. :twisted:
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Re: A day in the life of a financial advisor

Postby bertilak » Sun Mar 24, 2013 5:07 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.
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Re: A day in the life of a financial advisor

Postby enderland » Sun Mar 24, 2013 5:46 pm

This is so funny.

I think this is how a conversation with my parents would go :\
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Re: A day in the life of a financial advisor

Postby Sandman62 » Sun Mar 24, 2013 6:38 pm

Laughed to tears! Thanks. :D
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Re: A day in the life of a financial advisor

Postby noyopacific » Sun Mar 24, 2013 10:03 pm

Excellent!
I found another one: "The wrong financial advisor."
http://www.youtube.com/watch?v=Vv4HQG2Hz0I
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Re: A day in the life of a financial advisor

Postby Taylor Larimore » Mon Mar 25, 2013 7:03 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
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