Quote:
Originally Posted by SallyB
Thank you for responding. I don't it is fair to blame a person who seeks help from a broker/financial advisor not everyone understands the market and need help from someone who is supposed to be trusted. By what you are saying we should not ever look for help in matters we don't understand. Don't we all seek help from a professional on matters we don't understand plumbers, electricians, lawyer and so on.
This is not 100% on my parent's fault, yes they should have not been so trusting.
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Yes we should see professional help, but we also should either have some knowledge about whatever we are using a professional for OR we need to accept that we are at their mercy and could be misguided without knowing it. When your plumber says "Repipe the entire house" or the electrician says you need a 'Power Conditioner' for $5,000 or the Lawyer tells you he will only represent your personal injury case if given a $10,000 retainer. All may have good intentions as well, but it still should be Your decision, not the professionals.