close
    1. Home
      2. ›
    2. Uncategorized
      3. ›
    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.

    Answer this
    0  Views: 253 Answers: 1 Posted: 14 years ago
    Comment this question

      1 Answer

      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
      Comment this answer



        Did this answer your question? If not, then ask a new question.

        Top contributors in Uncategorized category

         
        ROMOS
        Answers: 18061 / Questions: 154
        Karma: 1102K
         
        Colleen
        Answers: 47269 / Questions: 115
        Karma: 953K
         
        country bumpkin
        Answers: 11322 / Questions: 160
        Karma: 838K
         
        Benthere
        Answers: 2392 / Questions: 30
        Karma: 760K
        > Top contributors chart

        Unanswered Questions

        gmncinfo1
        Answers: 0 Views: 19 Rating: 0
        7iwinnet
        Answers: 0 Views: 15 Rating: 0
        n1casinonet
        Answers: 0 Views: 17 Rating: 0
        Gmnclat1
        Answers: 0 Views: 16 Rating: 0
        ano88club
        Answers: 0 Views: 17 Rating: 0
        79ffgameorg
        Answers: 0 Views: 23 Rating: 0
        hitclubzwiki1
        Answers: 0 Views: 17 Rating: 0
        sunwinclubme
        Answers: 0 Views: 21 Rating: 0
        > More questions...
        536493
        questions
        769832
        answers
        887432
        users