Comments for New Stocks Live | Penny Stocks http://www.newstockslive.com New Stocks Live Online stock market, Business news, live Forex News, portfolio management resources, Interactive forum and mortgage rates to help you manage you financial life from the leading provider financial information news and Articles. Tue, 02 Mar 2010 22:50:49 -0500 http://wordpress.org/?v=2.9.2 hourly 1 Comment on How Much Can I Contribute to My 401k? by FlorenceCross25 http://www.newstockslive.com/how-much-can-i-contribute-to-my-401k.html/comment-page-1#comment-68 FlorenceCross25 Tue, 02 Mar 2010 22:50:49 +0000 http://www.newstockslive.com/how-much-can-i-contribute-to-my-401k.html#comment-68 The <a href="http://lowest-rate-loans.com/topics/personal-loans" rel="nofollow">personal loans</a> seem to be essential for guys, which would like to start their company. By the way, this is not very hard to get a credit loan. The personal loans seem to be essential for guys, which would like to start their company. By the way, this is not very hard to get a credit loan.

]]> Comment on Your Take: Do You Trust Financial Advisers? by risk less http://www.newstockslive.com/your-take-do-you-trust-financial-advisers.html/comment-page-1#comment-67 risk less Mon, 15 Feb 2010 16:44:15 +0000 http://www.newstockslive.com/?p=3479#comment-67 Having a mistrust of financial advisors is probably good for your net worth. Of course as your own instinct tells you any person who is in business to make money often runs into a conflict of interest or an ethical choice of doing what is best for the customer's finances or their own. Human nature being what it is many opt to try an maximize their returns at your expense once they feel they have your trust and can do so without loosing your account. When you work with a financial advisor you should keep your expenses as low as possible, be comfortable with them, watch your money like a hawk, and don't be afraid to ask a lot of questions. Do plenty of your own leg work to check and make sure their advise is working to make you better returns with less risk and not for their own self interests or greed. Books as financial advisors are tools to be used to help improve your net worth with the least possible risk. The main difference is with books you do not have to deal with the active human element and it's potential flaws. That is not to say books can also be very misleading and can not prepare you for situations you will face in dynamic financial markets. It is very unlikely you can call up the author ask him/her what do you think is the best way to handle a problem whereas you can with a financial advisor. I did notice you mentioned the use of mutual funds. Just in case your not aware, there has been an explosion of a new financial product in recent years called ETF's. These products have replaced using mutual funds in most instances because they are much easier to buy and sell (trade like a stock) and carry a fraction of the cost of a mutual fund. If you want to go into any more specifics on anything just reply back and let me know. Best Regards, Dan Having a mistrust of financial advisors is probably good for your net worth. Of course as your own instinct tells you any person who is in business to make money often runs into a conflict of interest or an ethical choice of doing what is best for the customer’s finances or their own. Human nature being what it is many opt to try an maximize their returns at your expense once they feel they have your trust and can do so without loosing your account. When you work with a financial advisor you should keep your expenses as low as possible, be comfortable with them, watch your money like a hawk, and don’t be afraid to ask a lot of questions. Do plenty of your own leg work to check and make sure their advise is working to make you better returns with less risk and not for their own self interests or greed.

Books as financial advisors are tools to be used to help improve your net worth with the least possible risk. The main difference is with books you do not have to deal with the active human element and it’s potential flaws. That is not to say books can also be very misleading and can not prepare you for situations you will face in dynamic financial markets. It is very unlikely you can call up the author ask him/her what do you think is the best way to handle a problem whereas you can with a financial advisor.

I did notice you mentioned the use of mutual funds. Just in case your not aware, there has been an explosion of a new financial product in recent years called ETF’s. These products have replaced using mutual funds in most instances because they are much easier to buy and sell (trade like a stock) and carry a fraction of the cost of a mutual fund.

If you want to go into any more specifics on anything just reply back and let me know.

Best Regards,
Dan

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