Is the Adviser working for you, or the company they represent?
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Is the Adviser working for you, or the company they represent? Dear Forum members, I have found your forum interesting. Just want to bring to question so-called professional financial advice. Are Financial Advisers working for the highest possible return for your investment? - Or is the Adviser taking you into an investment that will give him/her (the adviser) the maximum commission? Is the Adviser working for you, or the company they represent? „h Treat all advice with caution even from "professionals Advisers". This also rings true with my observation of so-called 'financial media professionals" with their weekly TV or radio spot. The information revealed on these so-called educational financial media segment is just barely above college level intelligence, yet given with such confidence and professionalism that their weekly radio or TV media segment positions are retained. This allows them the few minutes before the end of every segment to show their True Colors, that is to promote their monthly magazine subscription, advise on their latest investment semiar or brag about the number of sales of their latest investment book. Unfortunately the majority of these books and magazines are full of fairy floss and filler. Words that just fill pages in telling you what to do but not showing you how to do it. Another thing that always amazed me is how they can always find enough material to write a 2nd book after the first was a success? Why wasn't this information in the first book? If they really had your financial interest at heart why don't they tell you the whole picture, rather that just showing you just the corners. The truth is that these media advisers are just puppets that are regulated by the Securities Commission of their respective countries. They can only talk about the investments that have been approved by the Securities commission of that country. This means that the advice is restricted and not wholly honest, thus not revealing all the available players on the investment field. This seriously reduces the investments available to you as an investor. After watching these financial show for years and going nowhere, I look back and have realized that I have been following the Herd (so to speak) in implementing the advice of these Media advisers. I personally have found that after income and capital gain taxes are paid on these recommended investments, the returns are very low to say the least for the time the funds are committed. May be I am a cynic but I firmly believe that the only way to obtain a higher interest rate is to break way from the main stream and think outside of the brain washing financial media. The major Banks and institutions will never volunteer information where you (the investor) can receive a higher rate of return for your funds, for fear of your funds leaving their banks and institutional control for another investment yielding a higher return elsewhere. An investment is just a tool for a better lifestyle, not at retirement - but as soon as your residual income can sustain your expected lifestyle. Emotion doesn't come into play. If one investment is not working, it is time to look elsewhere. Whether you find that high return investment in another bank, stock, state or country, it is in your own interest to see what is obtainable. See beyond the low interest rates that is offered by the brain washing financial media and banking institutions and discover the high yields available in Secure Mortgage Investments. I am volunteering information that may be of interest to your Club/members. I am passing on my personal experience of an Investment of which I have personal funds invested that has been returning me a continuous 1.5 % monthly income, being 18% pa. This 1.5% monthly income (18% pa) is deposited into my local bank (here in Brisbane - Australia but can be wired anywhere on the planet). This investment has an annual option that will return 22% pa, but a monthly payment suits my needs as it gives me a greater choice of lifestyle. The investment is based in Canada and Invests in short-term (30-day cycle) buying and selling of mortgages in Canada and the USA. Security is assured, in that before a mortgage is purchased, it is presold to a qualified buyer on a predetermined date in the future. This guarantees the funds are returned with a profit. It has passed many a due diligence, owing to the way the Protection and Security of the investment is structured. Security of the product is protected by a Reserve Trust Account that is explained in the website http://www.redskytrust.com With Global interest rate's at an all time low, combined with the major companies collapsing due to corporate fraud and accounting inadequacy, Investors are taking control of their finances and are looking for alternative Investments. Thanking you and hope you can benefit. ericdog |
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