dtjcview wrote:
I know of a few FAs that are multi-millionaires, manage their own money, and still enjoy their 9-5 job. Youngers FAs use the job to pay off college debt, buy a house and build their wealth in the first place - like anyone else.

SRhia wrote:
Personally, I'm weary of FA or people of that sort. How do I know they know what they're doing??? Also, sometimes (or most of the time), they have other motives for pushing their clients into certain products / services (e.g. commission, or "company directive", etc).
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Are you always legally bound to act in my best interest?

The answer has to be yes, all of the time. If it is, get it in writing. This is fiduciary duty. It?s a well-established legal principle, backed by decades of precedent. An advisor who acts as your fiduciary knows you can haul her into court or, if you agree, arbitration.

SRhia wrote:
Personally, I'm weary of FA or people of that sort. How do I know they know what they're doing??? Also, sometimes (or most of the time), they have other motives for pushing their clients into certain products / services (e.g. commission, or "company directive", etc).

I rather do the due dilligence myself and put my money where my mouth is. At least if I bet wrong, I can only blame myself for not understanding the topic enough.

As to research - I spent a lot of time reading Seeking alpha and such. The internet is great - all the info is out there. ANd I watch the talking heads on Bloomberg a lot. However, that's what I do every day, and it's very lonely Would be nice to bounce my ideas off someone else from time to time, and hear new ideas from other people too.

hero69 wrote:
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dtjcview wrote:
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hero69 wrote:
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dtjcview wrote:
I'd quote Michael Lewis "Those who say don't know, those who know don't say?.

Sites like motleyfool and seekingalpha will give you better investment ideas than random folks from JC. And the best investment advice needs to be tailored to your personal situation. Turbotax is a better source than Starbucks.

Get a good FA if you need one.

dtjcview, you should answer the question which has nothing to do with getting a fa or using seeking alpha or motley fool. I personally do not know of any investing groups.

Posting what you don't know isn't particularly constructive...

Getting a good local FA might be the best way to getting an intro to a local investment club if there are any. But I'd treat such clubs like the local office lottery pool - you're much better off getting professional advice on serious investments and tax planning.

you should answere the question and then offer constructive advice if desired. your opinion is your opinion, and maybe the op knows that finding a good investment club is a crap shot but that really should not be your primary concern.

dtjcview wrote:
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hero69 wrote:
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dtjcview wrote:
I'd quote Michael Lewis "Those who say don't know, those who know don't say?.

Sites like motleyfool and seekingalpha will give you better investment ideas than random folks from JC. And the best investment advice needs to be tailored to your personal situation. Turbotax is a better source than Starbucks.

Get a good FA if you need one.

dtjcview, you should answer the question which has nothing to do with getting a fa or using seeking alpha or motley fool. I personally do not know of any investing groups.

Posting what you don't know isn't particularly constructive...

Getting a good local FA might be the best way to getting an intro to a local investment club if there are any. But I'd treat such clubs like the local office lottery pool - you're much better off getting professional advice on serious investments and tax planning.

hero69 wrote:
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dtjcview wrote:
I'd quote Michael Lewis "Those who say don't know, those who know don't say?.

Sites like motleyfool and seekingalpha will give you better investment ideas than random folks from JC. And the best investment advice needs to be tailored to your personal situation. Turbotax is a better source than Starbucks.

Get a good FA if you need one.

dtjcview, you should answer the question which has nothing to do with getting a fa or using seeking alpha or motley fool. I personally do not know of any investing groups.

dtjcview wrote:
I'd quote Michael Lewis "Those who say don't know, those who know don't say?.

Sites like motleyfool and seekingalpha will give you better investment ideas than random folks from JC. And the best investment advice needs to be tailored to your personal situation. Turbotax is a better source than Starbucks.

Get a good FA if you need one.