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04-13-2016, 02:07 PM | Topic Starter |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
Casino cash: $1589546
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Financial Advisors
Never really used to have much money to give a shit about financial planning but now that I am starting to make some really good money and me and my wife's retirement accounts are starting to grow pretty large I thought I should start looking into what is best to do with our money.
Anyone ever been to a financial advisor? Any good ones to recommend here in Omaha? Are there better options then going to see one? How much do they usually charge? Any words of advice is greatly appreciated. I did try soaking some of my money in antifreeze but it didn't help. I will take the answer off the air. kthnxby |
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04-13-2016, 02:11 PM | #2 |
Bono & Grbac wasn't enough
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Send it to KChiefs1
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04-13-2016, 02:14 PM | #3 |
Colorado Chief Fan
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Any chance we could have this discussion in the open? I have Edward Jones and havent been to happy with them. Like to hear what others are doing...
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04-13-2016, 02:16 PM | #4 |
Buddy Christ is a Chiefs fan
Join Date: Nov 2008
Casino cash: $1589546
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I was joking about off the air.
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"You know, they lay down with their ugly wives in front of their ugly children and just look at their loser lives and then they look at me and say, "I CAN'T PROCESS IT!" Well, no, and you never will. Stop trying. Just sit back and enjoy the show .... You know?" Carlos Irwin Estevez |
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04-13-2016, 04:10 PM | #5 | |
Kind of a mod
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Quote:
As others have suggested, I think fee-based is the way to go once you have a base level of understanding of how things work. Pay someone for the advice they give when you need it, but don't let them just shave off 1% in perpetuity. |
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04-13-2016, 06:23 PM | #6 | |
Mod Team
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Quote:
Also, try to avoid the time warp that is managing your own finances. It's been known to take years off your life. |
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04-13-2016, 02:14 PM | #7 |
....
Join Date: Apr 2009
Location: Somewhere Kansas
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VARSITY
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Fee based is the way to go.
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04-13-2016, 02:22 PM | #8 |
Supporter
Join Date: Jan 2014
Location: Missouri
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Hootie seems like he is good with other people's money
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04-13-2016, 02:25 PM | #9 |
I've Made a Huge Mistake
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04-13-2016, 02:48 PM | #10 |
Spiraling down the Drain
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Fee based, my friend.
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"We're both part of the same hypocrisy, Senator, but never think it applies to my family." "Fredo. You are my brother, and I love you. But never take sides against the Family again. Ever." 2019 Adopt a Chief - Travis Kelce #87 |
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04-13-2016, 03:19 PM | #11 |
In Search of a Life
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I would suggest going to the public library and checking out all the education books and videos on Finance. Learn the basics on how the market works, basics on how to understand a companies financials-is it a good company to invest in? How interest works-the rule of 72. Get in the habit of reading the financial page- understanding the markets and commodities. It is your money so the more knowledge you have- the less risk of making bad investments.
or You can pay an Finance "expert" -they will show you some flip charts-highest fee investments first. Ask you about your "Risk Tolerance" - and then steer you to some mutual funds. Once a year you will get a statement. |
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04-13-2016, 03:29 PM | #12 |
Tip of the hat LIV Champs
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Invest $$ into an ice-burg that is set sail to Ecuador to be sold as ice-cubes.
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A Brave Man Once Requested Me To Answer Questions That Are Key 'Is It To Be Or Not To Be' And I Replied Oh Why Ask Me |
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04-13-2016, 03:36 PM | #13 |
You gotta kill a few people
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Lewdog and Beuhler have both helped me out with finances. They're both very knowledgeable and eager to help on the subject.
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04-13-2016, 03:52 PM | #14 |
Scarlett Johansson's boytoy
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I believe they just finally passed regulation that will require financial advisors to act in the best interests of the client. yes, you read that right. Previously financial advisors had no fiduciary duty to their client.
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04-13-2016, 04:03 PM | #15 |
In Search of a Life
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