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Thursday, May 28, 2009
Agreeing with Suze Orman
Yes, can you believe it I am agreeing with Suze Orman!!! Not on everything, but on the topic about advisers. She had a young guy on her show who does loans at a bank. He was upset that the loans he was selling were on the verge of being unethical. He even admitted that he would not get into anything like this himself. He was just 23 or 24 years old. What I agree with is that Suze says that you have to check and double check everything before you buy. Just be patient. The other issue I have is that you may be involved with an adviser who is trying to make a living and is being pressured to sell to keep food on the table at home. That adviser may not be experienced or just out of school. How can that adviser give objective advise? The truth is they can't. This market place is so complex and easily changed that it is so hard to keep up with the rules let alone the products that come out with changes everyday. So I finally agree with Suze on something. She has been taliking my language lately so I hope she keeps it up.
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