Re: How About A Financial Advisor?
Quote:
Originally Posted by
Biggles
It is all about risk. If you adopt a portfolio of lots of small new start businesses you could lose everything or do quite well. If you have a portfolio of large rather unexciting companies the chances are you will have a steady return that might do a little better than one of the better standard bank accounts.
A good financial advisor would have a range of portfolio options that matched your appetite for risk. So yes, speak to several and look at what they have, what their performance is like and what share of the profits they will take for investing on your behalf.
Or you could take random advice from people on this board - indicating a very healthy risk appetite.
My own advice is to avoid reading the above post until you've had a meal.
Re: How About A Financial Advisor?
Quote:
Originally Posted by
Biggles
It is all about risk. If you adopt a portfolio of lots of small new start businesses you could lose everything or do quite well. If you have a portfolio of large rather unexciting companies the chances are you will have a steady return that might do a little better than one of the better standard bank accounts.
A good financial advisor would have a range of portfolio options that matched your appetite for risk. So yes, speak to several and look at what they have, what their performance is like and what share of the profits they will take for investing on your behalf.
Or you could take random advice from people on this board - indicating a very healthy risk appetite.
Maybe she wants to take risky advice from the people hear and safer advice from a financial adviser.
You've fecked that plan up now.
Re: How About A Financial Advisor?
Quote:
Originally Posted by
JPaul
Quote:
Originally Posted by
Biggles
It is all about risk. If you adopt a portfolio of lots of small new start businesses you could lose everything or do quite well. If you have a portfolio of large rather unexciting companies the chances are you will have a steady return that might do a little better than one of the better standard bank accounts.
A good financial advisor would have a range of portfolio options that matched your appetite for risk. So yes, speak to several and look at what they have, what their performance is like and what share of the profits they will take for investing on your behalf.
Or you could take random advice from people on this board - indicating a very healthy risk appetite.
Maybe she wants to take risky advice from the people hear and safer advice from a financial adviser.
You've fecked that plan up now.
I sew didn't think it threw. :pinch:
Re: How About A Financial Advisor?
