Originally Posted by dewilson58 (Post 2357696)

Like a doctor, get a second option on how things look, ask for suggestions, then pay the doctor bill.

Don't pay anyone a 1% (for a lot of times, generic models).

To me, Clark is a bozo.
Very basic information he read some where.
I doubt any successful, rich person listened to Clark.....the radio talking head.
I've talked to Wells Fargo Advisors many times over the years.....without fees.

:ho:

Originally Posted by mrf6969 (Post 2357653)

Yes. Ask yourself how in the world Mr. Parady can afford to do all the promotions and advertising in the media and billboards all over that we see. He is in your pocket, and you must not realize it.

Originally Posted by Eg_cruz (Post 2361332)

There is zero wrong with Clark.

Originally Posted by Eg_cruz (Post 2361331)

Glad you’re happy. I know his annuities are high in cost, low in returns but you get your income for life by spending down your principal. I believe annuities can be good depending on the investor and what they are looking for

Originally Posted by Boomer (Post 2358638)

Thank you for sharing your insight. Sounds like things can vary from bank to bank. A regional bank is based in my Ohio hometown, and I know that they incentivize tellers to pay attention to high balances and try to drum up business for their advisor department. (They also try to get their tellers to sell credit cards to people who come to their windows.)

Re. cash: I also believe in maintaining a moat of cash and did so even through all those no-return years.

Keeping cash around is, of course, for obvious reasons, like sleep, but a not necessarily obvious reason is that I never want to find myself in a position where I would have to sell stock to pay taxes. Therefore, a moat of cash inside an IRA protects stocks at RMD age.

Overall though, I am basically a boring, buy-and-hold, dividend investor…..

I probably hold a little too much of one particular stock, but its dividends Tide me over through a lot of markets…..

Over the years, it has made a steady Gain. Even when it takes a hit, the hit is always followed by a nice Bounce……

I guess you could say I Luvs that stock. It is no Secret that sometimes I feel like it Pampers me. Even though it might be too boring for some investors, in the Scope of things, I think it is Head & Shoulders above the rest. It has shared the Bounty from selling its iconic products by paying dividends. The company started paying dividends in 1890, and there has been a Cascade of dividend increases for the past 69 consecutive years.

But maybe someday it will Dawn on me that I should sell and put it all in the latest, greatest tech or maybe Bitcoin.

Boring Boomer

Originally Posted by dewilson58 (Post 2357696)

Like a doctor, get a second option on how things look, ask for suggestions, then pay the doctor bill.

Don't pay anyone a 1% (for a lot of times, generic models).

To me, Clark is a bozo.
Very basic information he read some where.
I doubt any successful, rich person listened to Clark.....the radio talking head.
I've talked to Wells Fargo Advisors many times over the years.....without fees.

:ho:

Originally Posted by Vinscalese (Post 2356002)

Moving to The Villages and need a new Financial / Retirement professional ? I have worked with Merrill / Goldman in the past but looking for a local more personal experience going forward. Thanks all !

Originally Posted by JRcorvette (Post 2361768)

There are a lot of them so be careful. We have been using Parady since 2014. They are honest and knowledgeable.

Originally Posted by JRcorvette (Post 2361768)

There are a lot of them so be careful. We have been using Parady since 2014. They are honest and knowledgeable.

Originally Posted by manaboutown (Post 2361856)

I just checked their site. They peddle annuities and life insurance so they receive $$$$$commisons$$$$$. The owners must be rolling in dough.

Originally Posted by Bonanza (Post 2361756)