Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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#17
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There is or were several investment clubs. If you have an account with Fidelity, you can get a portfolio review at no cost. You do not need to have it all at Fidelity. DO NOT JUMP INTO ANYTHING. Always ask or know how this person is being PAID. |
#18
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Who that is a great question. For years I used my brother in law. He was/is a cpa and he sells investments . My view a conflict of interest. Apparently it is legal. Wow family, no need to check. I discovered that every investment he pushed, bonds etc could be easily purchased, the same bond for less-thus a higher yield to me. I never questioned his fees.
When we moved we went to another accountant. Family would be fair? He was charging me about 40% too much. When my mom passed, I discovered he has sold my mother who was 86 a government bond fund with a load on it and a 12b fee money that increases the sellers commission. I mentioned it to several people and they told me there was no such fund. My brother in law found it and due to TRUST he sold it to my mother. I probably could sue him. Likely too late to do so. |
#19
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Buffet is recognized as one of the greatest stock pickers. He has become a noun or is it an adverb-BUFFET LIKE. Buffet has said I lost 45 million on that investment. Buffet like? If, I lost 45 million on any investment there would be a lot of people wondering how they we soooo stupid as to lend me that much money. Buffet has also stated average people will do best simply buying the s&p 500. Truth I rarely beat the s&p. I've done well but truth a dumb average would have done better. I do have, according to my brokerage statement less risk than the s&p. Last edited by DAVES; 08-10-2022 at 09:20 PM. Reason: typo |
#20
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We've discussed investments on a regular basis. I've made it clear I do not give investment advice anything I say is I am doing this and why. He foolishly started managing his relatives account. When he did well his relative said how smart, his relative is. When things turned down suddenly it was my friends fault. I recall telling my friend that he was waling into a no win situation. Unfortunately, I was right. |
#21
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#22
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We go to financial seminars from time to time to listen and sometimes learn and went to one last night. The guy never did tell us his qualifications but kept giving us advise on end of life matters which are better left to a qualified attorney. He wants people to let him handle their financials thru a third party and kept saying how well this financial institution did this year only being down 4% but never mentioned their long term record. At least we got a very nice free dinner out of it. |
#23
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#24
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Almost anyone can do their own taxes using Turbotax. The program will guide you through the tax return process. If you feel uncomfortable after completing the return, let a tax preparer review the completed return and file it for you electronically. If you pay them a fee, they will sign the return as the tax preparer. |
#25
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AARP They use well-trained tax preparers. FREE.
__________________
Politicians are like diapers--they should be changed frequently, and for the same reason. |
#26
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Not that I know of. Call the county and see if they have any services.
The larger stock brokers and mutual funds have free programs that take you though some financial planning. These will ask you questions and this might be of some help for you. |
#27
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How to get investment advice
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Closed Thread |
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