[quote=blarmston]

I think its truly sad… You would think with
that “$300K/ year pension” that ML  is paying him that he would
find more useful things to do in retirement…

Its more like $30K/ year and he's barely making ends meet in Manhattan, thats why he and the mutts are considering a move to Atlanta....

[quote=Knows Wall St.]

[quote=blarmston]

I think its truly sad… You would think with
that “$300K/ year pension” that ML  is paying him that he would
find more useful things to do in retirement…

Its more like $30K/ year and he's barely making ends meet in Manhattan, thats why he and the mutts are considering a move to Atlanta....

Gee Beave you’re the funniest guy in school.

[quote=Knows Wall St.]Gee Beave you're the funniest guy in school. [/quote]

"The blame has to fall on those who are fleeced"

[quote=BondGuy]

[quote=Knows Wall St.]Gee Beave you’re the funniest guy in school. [/quote]

"The blame has to fall on those who are fleeced"

[quote=BondGuy]

[quote=Knows Wall St.]Gee Beave you’re the funniest guy in school. [/quote]

"The blame has to fall on those who are fleeced"

[quote=joedabrkr]

[quote=BondGuy]

[quote=Knows Wall St.]Gee Beave you’re the funniest guy in school. [/quote]

"The blame has to fall on those who are fleeced"

[quote=joedabrkr] [quote=Knows Wall St.] [quote=blarmston]

I think its truly sad.... You would think with that "$300K/ year pension" that ML  is paying him that he would find more useful things to do in retirement....

Its more like $30K/ year and he's barely making ends meet in Manhattan, thats why he and the mutts are considering a move to Atlanta....

[/quote]

Is there something about Atlanta that makes it undesireable?
[/quote]

Yes....the fact that you might live there....
[/quote]

Atlanta area realtors should be required by law to disclose that to any potential buyers....

[quote=mikebutler222][quote=joedabrkr] [quote=Knows Wall St.] [quote=blarmston]

I think its truly sad.... You would think with that "$300K/ year pension" that ML  is paying him that he would find more useful things to do in retirement....

Its more like $30K/ year and he's barely making ends meet in Manhattan, thats why he and the mutts are considering a move to Atlanta....

[/quote]

Is there something about Atlanta that makes it undesireable?
[/quote]

Yes....the fact that you might live there....
[/quote]

Atlanta area realtors should be required by law to disclose that to any potential buyers....[/quote]

WHOOSH...there goes the air out of the Atlanta housing bubble...

[/quote]

I don't think you're "Bond Guy"--you're "Churn N Burn," right?
[/quote]

"If you get conned some of the responsibility falls on your shoulders"

Hate to interrupt a good flame thread but if I could go back to topic for just a bit.

When I think about clients and adding value, I don’t just look at what reps do, I also think about what a client would have to do without the folks reading these posts. For clients, what does it take to be a successful individual investor?

I’ve come up with three things that I think are critical to a retail investor’s ability to go it alone; ability, desire, and time.

Ability - a minimum level of intelligence to understand some fairly simple principles. Almost everyone I meet has enough brains to understand asset allocation or the fundamentals of stock valuation. Let’s face it, most of this is just not that complicated.

Desire – an investor has to want to understand these concepts and want to manage their assets. Some people are just not all that thrilled with balance sheets and forecasts.

Time – you flat out have to have the time to manage assets, do the research, read the articles, and keep abreast of what’s going on in the world, the economy and markets, and in your investments specifically.  

 
So where do I add value? I do the research and the reading, I put in the hours; it is after all, my job. Not only do I provide good advice, I save you time and give you back a piece of your life. Napoleon said “Ask me for anything but time”. Well, you can ask me the same, and guess what, I’ll give it to you.  

 Of course I expect to be paid, in effect clients are trading time for money, But then again, most of life is trade offs, pick what’s important.

Now, let the flames begin!!!

BondGuy wrote "If you get conned some of the responsibility falls on your shoulders"

Good thing the SEC/NASD don’t agree, otherwise we wouldn’t have financial markets.

Bond guy didn't write that, I did.  I also stand by it, I think that the investor bears some responsibility to be able to recognize when something just doesn't make sense.

By the way, Bond Guy is the former Knucklehead who has been deactivated.

[quote=Knows Wall St.]

Bond guy didn't write that, I did.  I also stand by it, I think that the investor bears some responsibility to be able to recognize when something just doesn't make sense.

By the way, Bond Guy is the former Knucklehead who has been deactivated.

[/quote]

I don't think knucklehead would have called himself "bond guy."

I know who Bond Guy is...and it's not knucklehead.  I'll let him decide if he wants to fess up, but if you pay close attention, you might recognize the writing style...

Bond Guy has more class than knucklehead...I doubt if you'll see him deactivated.

[quote=Indyone]

I know who Bond Guy is...and it's not knucklehead.  I'll let him decide if he wants to fess up, but if you pay close attention, you might recognize the writing style...

Bond Guy has more class than knucklehead...I doubt if you'll see him deactivated.

[/quote]

Philo is the only one here with more class than knucklehead.

[quote=Knows Wall St.]

Bond guy didn't write that, I did.  I also stand by it, I think that the investor bears some responsibility to be able to recognize when something just doesn't make sense.

By the way, Bond Guy is the former Knucklehead who has been deactivated.

[/quote]

For the record those are not my words. I was quoting KWS, who is quite upset over the confusion in ownership of the quote.

That the industry is still rife with dinosaurs who think like KWS shows why the NASD has its hands full.

[quote=BondGuy][quote=Knows Wall St.]

Bond guy didn't write that, I did.  I also stand by it, I think that the investor bears some responsibility to be able to recognize when something just doesn't make sense.

By the way, Bond Guy is the former Knucklehead who has been deactivated.

[/quote]

For the record those are not my words. I was quoting KWS, who is quite upset over the confusion in ownership of the quote.

That the industry is still rife with dinosaurs who think like KWS shows why the NASD has its hands full.

[/quote]

You better tell Wacko that he's in love with putsy's writing style. He thinks it's yours.