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Does Your Advisor Personally Own What He Recommends To You?

Does Your Advisor Personally Own What He Recommends To You?

Does your financial advisor personally own the financial recommendations that he or she recommends that you buy?  The answer might shock you when you actually ask them.  What shocks me just as much is the lack of people who ask their financial advisors this question.  Wouldn’t you want any salesman who is recommending a big ticket purchase to believe in their product so much that they personally own it themselves? If I go and try to buy a luxury BMW tomorrow and I find out...

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Be The Boss Of Your Financial Advisor

Be The Boss Of Your Financial Advisor

Here at Annuity123, we have the utmost respect for financial advisors.  In fact, we place them up high on a pedestal just as we do doctors or any other practitioner that increases consumer’s wealth or health.  However, we also realize doctors, lawyers, pro athletes and financial advisors are people just like you and me, who have specialized in a certain field.  Just as there exists corrupt doctors and lawyers, the same can exist for financial planners.  But you probably didn’t need me to tell you...

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Gen X Might Be Less Prepared Than Their Baby Boomer Parents

Gen X Might Be Less Prepared Than Their Baby Boomer Parents

Just when we thought the baby boomers had their hands full trying to get prepared for retirement, we might have overlooked another generation who fairs even worse.  A recent survey revealed that Generation X might be even worse off than their parents.  Moreover, many of them have given up on contributing to their 401k’s and the stock market in general.   From Life Health Pro by Elizabeth Festa   Nearly two-thirds, or 65%, of the members in Generation X lack confidence that they will have...

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