GREY:CLLZF - Post by User
Comment by
trader520on Jan 07, 2010 1:43pm
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Post# 16650681
RE: RE: RE: RE: RE: Connacher
RE: RE: RE: RE: RE: ConnacherTodays stock value of $1.50 maybe they made a small mistake. This telling me, Do our Institutions (banks) know yet what they are doing?? Should we still be trusting what they do today with our money, I recall much of the market crash was on the part of banks decisions. above quote from beststocks1
I have gone through 3 financial planners in 4 years. every one of the were crap. i just fired my last one 3 weeks ago. WHY?
1--they tell you to buy something else every year, but never sell!!!!!!!!!!!!!!!!!!!!!!!!!! ever.
2--so i looked into what stocks these funds of mine held.......some had trippled, but did the money manager of that fund sell one single share to protect profit????????? NO!!!!!!!!!!!!!!!!!!!! its all buy and hold, buy and hold, only to watch the s/p drop back to where it was. when i asked my last financial planner about this strategy, he suggested some of the new "activly managed" funds. thats when i lost it.........i asked what the heck the money managers of all the other funds actually managed, other than thier own fat bank account. no answer......... the "management fee" for actively managed accounts is quite high, watch out people.
thanks to stock trading, DD and bullboards for almost a year now, the financial planner scum can't pull a fast one on me any more. i have lear
cheers.
p.s. looking for a new planner now.......