Quote:
Originally Posted by billethkid
If they are doing or have done their job they have already taken action. Most do not respond to what is happening today and try to give one advice for today's roller coaster rides.
How is your portfolio management is set up is a function of ongoing communications with the FA and not what to do about today's wild ride.
If you are fee based the above will have taken care of your strategy.
If you are commission based they aren't going to call you while the roller coaster is flying up and down the steep hills....also think about switching to a fee based FA.
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The voice of reason. Only other thing I would add is use a planner not an advisor and be sure they have the CFP designation.