Quote:
Originally Posted by dewilson58
I'll show you mine, if you show me yours.
Whatever piece of paper the advisor has hanging on the wall, show me your Net Worth and your investment portfolio.
Why listen to anyone who is not successful. I want to see wealth earned from investments. If an advisor is good, their unleveraged net worth should be $5mil or $10mil minimum.
Why talk to an advisor with a couple million dollar personal portfolio and an annual salary/commission of less than $100k???
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My view, my experience, when it comes to money, people will never tell you the truth.
Many people actually do not know the truth. A home worth a million does not count as a million in your net worth when you owe 999999.99 on a mortgage.