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The Swarm Lounge
General Investing and Economics Discussion - No Politics
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<blockquote data-quote="LibertyTurns" data-source="post: 550022" data-attributes="member: 789"><p>Admittedly I have a heavy bias for self-education. There’s so many BS financial advisors out there either over trading in order to get large commissions or put heavy loads on funds to siphon a larger percentage off back to themselves & their companies. I read a lot of financial crap every day- those either predicting the market roaring to huge gains or teetering on the edge of collapse. I wish there was a grading system for these people. Make an outrageous prediction or a bunch of smaller predictions & they don’t pan out, you get a big fat F rating. You’re perpetually correct, you get a big A+. Put them on record & cast their vote publically. These guys buy & large hide their real track records, present themselves as experts, and bilk hundreds of thousand unsuspecting investors looking for legitimate advice out of hundreds of million dollars every year, bankrupt pension funds, etc.</p></blockquote><p></p>
[QUOTE="LibertyTurns, post: 550022, member: 789"] Admittedly I have a heavy bias for self-education. There’s so many BS financial advisors out there either over trading in order to get large commissions or put heavy loads on funds to siphon a larger percentage off back to themselves & their companies. I read a lot of financial crap every day- those either predicting the market roaring to huge gains or teetering on the edge of collapse. I wish there was a grading system for these people. Make an outrageous prediction or a bunch of smaller predictions & they don’t pan out, you get a big fat F rating. You’re perpetually correct, you get a big A+. Put them on record & cast their vote publically. These guys buy & large hide their real track records, present themselves as experts, and bilk hundreds of thousand unsuspecting investors looking for legitimate advice out of hundreds of million dollars every year, bankrupt pension funds, etc. [/QUOTE]
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General Investing and Economics Discussion - No Politics
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