- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Look into your crystal ball: your thoughts on the stock market
Posted on 11/23/15 at 5:19 am to matthew25
Posted on 11/23/15 at 5:19 am to matthew25
Thanks, you've all given me a lot to think about.
I wish I knew more about investing, but that's why I went to a financial advisor--and my CPA at that, a straight arrow, no bullshitter or con man, a guy I've worked with for 10 years.
If there is a question here, it's not about shady practices but competence, at least from my point of view.
Do I have some sort of legal options here? After all, I agreed to the plan, it wasn't forced on me. Just the same, if anyone can tell me what type of attorney (background/specialty) I might contact, I'd appreciate the advice.
Again, thanks for the feedback on my situation.
I wish I knew more about investing, but that's why I went to a financial advisor--and my CPA at that, a straight arrow, no bullshitter or con man, a guy I've worked with for 10 years.
If there is a question here, it's not about shady practices but competence, at least from my point of view.
Do I have some sort of legal options here? After all, I agreed to the plan, it wasn't forced on me. Just the same, if anyone can tell me what type of attorney (background/specialty) I might contact, I'd appreciate the advice.
Again, thanks for the feedback on my situation.
1
Posted on 11/23/15 at 9:19 am to Mars duMorgue
Your portfolio should be hedged with options to cover losses.
Market trades flat through next year, IMO. Look at the trend in corporate earnings. It's a red flag when you combine that with the amount of buyback programs going on in the S&P companies. Also, the dollar is becoming less competitive which will continue through the year, especially if the Fed raises rates soon.
Market trades flat through next year, IMO. Look at the trend in corporate earnings. It's a red flag when you combine that with the amount of buyback programs going on in the S&P companies. Also, the dollar is becoming less competitive which will continue through the year, especially if the Fed raises rates soon.
Posted on 11/23/15 at 9:24 am to Mars duMorgue
I'm in the insurance business, and regarding my own e&o liability, a lot has to do with how I advertise my services and the knowledge I claim to have. This means that if I simply say that I broker insurance, and make no promises of being an expert, then I have very little liability. However, if I claim to be an ace in a certain field, and I end up placing a client in an inadequate policy, I am most likely liable for damages because I advertised myself as a specialist.
I would imagine their liability policy is similar. Just losing money wouldn't make them liable. But, as a few people have said, a 60 year old should be placed in a very conservative portfolio, mostly of bonds. You should definitely have grounds for a claim if they placed you in a portfolio that was way too risky for your age.
I would imagine their liability policy is similar. Just losing money wouldn't make them liable. But, as a few people have said, a 60 year old should be placed in a very conservative portfolio, mostly of bonds. You should definitely have grounds for a claim if they placed you in a portfolio that was way too risky for your age.
This post was edited on 11/23/15 at 9:30 am
Page 2 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News