Talk of The Villages Florida - View Single Post - Do financial advisors act in their clients' best interests?
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Old 10-10-2024, 09:04 AM
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Quote:
Originally Posted by Stu from NYC View Post
I find it interesting to go to so called investment dinners.

Almost always their main focus is selling annuities and will downplay the historical performance of both individual stocks, indexes like S & P or outright lie and say the average cost of a no load fund is about 4% annually.

Do learn a little something most of the time and have a very nice dinner in one of the better restaurants in the bubble.

Amazing that I will be the one to ask the presenter is educational background and work history and have to literally cross examine him/her to get this info.
I bet the presenters are quite evasive. Some may be selling annuities but never use the word.

Do you ever get invited back?

At subsequent dinners you may find yourself as popular with the hosts as successful card counters at casinos!
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