Talk of The Villages Florida - View Single Post - HAS ANYONE DEALT WITH FROSS & FROSS
View Single Post
 
Old 12-19-2010, 08:27 AM
l2ridehd's Avatar
l2ridehd l2ridehd is offline
Sage
Join Date: Dec 2007
Location: Bridgeport At Miona Shores
Posts: 3,603
Thanks: 1
Thanked 353 Times in 122 Posts
Send a message via AIM to l2ridehd
Default

We met Tom Floss at a local restaurant last night and had some interesting conversation. He may or may not be a good money manager, but he is a good salesman.

But does he manage your money well? Any updates from anyone? How do his results compare to the increase in the DOW and S&P 500? If you have been with him for a while, how well did he protect your investments in 2007 and 2008? Did he get you out in time to miss the move from a 14,000 DOW to a 6,000 DOW? Does he charge a straight 1% fee or do you also get transaction fees? Does he provide a regular withdrawal schedule so you use your investments as an income stream? Anyone left them and if so why? Does he try to sell you products or annuities?

Thanks for any input you can provide. If any questions seem a little personal and you don't want them posted, just send a PM to me.
__________________
Life is to short to drink cheap wine.