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    3. How does a person know if he or she needs a new financial advisor during these tough times?
    How does a person know if he or she needs a new financial advisor during these tough times?

    I gave my financial advisor 112000 dollars in July of 2000, and have 160000 now. During the last two recessions (911 and 2007 ) he said that I lost less than some. He says he doesn't have a crystal ball and is not a day trader, but I need to start making money again.

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    0  Views: 273 Answers: 1 Posted: 14 years ago
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      Don't we all need to make money. These days if you manage to break even or if you get a slight increase you can consider yourself lucky. Don't gamble and try and stick with Blue chip companies for now.


      If you feel uncomfortable with him find another adviser.


       


       

      14 years ago. Rating: 1
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