The only time I ever lost $$ is when I had a managed account with Solomon Smith Barney--needed it when we were boating--the so called advisor cost me $500K-- fired her made it back in 18 months--using someone to manage your $$--IMHO-- is akin to paying someone to roll dice for U on a crap table--they have all the fun and U pay to play with your $$
At our age , it isn't rocket science-- we don't need growth we need income
Read all the financials, subscribe to the Wall Street Journal--U too will make $$
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