Hey everyone, I’ve posted here once before, but I haven’t been making a habit of visiting. Anyway, I need some very serious, very thoughtful advice. Two problems: Problem One: How do you deal with doubt in regards to: Gold The direction that this country, this government, this society, and …

Not really an answer to your questions but this struck me as contradictory: Unless solely buy dividend-yielding stock shares, the stock market is a speculative market - it is speculating on the stock share prices of publicly traded companies. And even dividend-yielding stock shares are speculative…

This is to address your 1st problem. I find that it is best to be subtle in regards to what my opinion really is on the important issues. If someone asks me my opinion on politics for instance I wouldn’t tell them that I am a market anarchist, I would just say that I find politics boring or somethi…

Clayton, I’m sorry that I did not specify “speculation” in my post. I wish you would not jump to the conclusion that would lead you to say something like : “I question the wisdom of getting involved in something like this if you do not have a very facile grasp of the underlying concepts.” Althoug…

I gave examples of things that are not speculation, per se. Of course, this is not “speculation” in the sense of “action involving any sort of uncertainty regarding eventual outcomes” which characterizes all action. There is a significant difference between buying something with the aim of selling…

I would suggest taking the job and following the firm’s philosophy.

And why would you suggest this?

“None taken. I’d rather you feel insulted than go broke.” Not insulted. Just disappointed that you didn’t really give me an answer to my initial question. This is a choice that will be life changing for me, and I want to hear from you. All of the details of wealth management can be debated later. “…

@TCross: It is my view that the modern idea of hiring someone to “manage your wealth for you” is mistaken at root. I’m not saying it’s wrong to be a wealth manager - if someone is willing to pay you to do that and that’s what you want to do, go right on ahead. My point is more theoretical - wealth m…

Is all that you would do is make sure that there is plan, or would you also devise the plan? I ask this because how would you decide where to put that money that is being set aside for the child’s college education and for retirement? Would you do what’s “safe” and put the money into saving bonds; …

@Clayton : There is one simple question that makes this obvious: “Do I stand to lose as much as my clients if I make a mistake in the advice that I give them?” Well, ideally a wealth manager who actually had the freedom to choose what to tell his clients would also be investing in the same stuff th…

Need some serious and thoughtful advice

Economics Economics Questions

John_James April 29, 2012, 8:01pm 19

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Need some serious and thoughtful advice

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