Quote:
Originally Posted by manaboutown
Call me a snob but my first cut is their educational background. Did they attend and do well at a top university, majoring in economics, business, mathematics or a hard science such as physics or chemistry? I want to be able to evaluate their cognitive and analytical abilities.
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Tough customer. . . but fair. .
I would also ask to see some of his customer portfolios:
1) by percentage weightings, similar to what s/he would recommend for you
2) how often is the portfolio rebalanced?
3) what is the portfolio sharp ratio for the life of the portfolio?
4) what is the inception to date annualized return?
5) what was the largest drawdown and when was it?
6) what is the annual average drawdown?
If he can't answer those questions, s/he can't quantify what they are recommending.
good luck
and remember, annuities are purchased index funds with a very long term hedge as insurance against a market collapse, and a portion of the gains/dividends/index are sent to you each month. .