Skip navigation

Coaching from the Branch Manager

or Register to post new content in the forum

102 RepliesJump to last post

 

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Jun 19, 2006 9:12 pm

[quote=Big Easy Flood]

[quote=joedabrkr]


Too, when Lucent dropped by 50% I thought maybe it was a bargain.  Little did I realize.

And then there’s the overall loss of creditiblity for the industry and financial markets.

[/quote]

How big a loss can be suffered on 75 shares of Lucent?

How does changing from UBS to LPL cure "overall loss of credibility for the industry and financial markets?"

[/quote]

  Good try.

Folks like working with an 'independent professional' as opposed to a "salesman for UBS". ;-)
Jun 19, 2006 9:15 pm

[quote=joedabrkr]

  Good try.

Folks like working with an 'independent professional' as opposed to a "salesman for UBS". ;-)


[/quote]

Ah, so the NYSE and NASDAQ have varying degrees of credibility based on who your broker works for.

Did the LPL version of the Dow go up today?

Jun 19, 2006 9:35 pm

[quote=Big Easy Flood]

[quote=Indyone]

Put, do you honestly think that all of these Merrill clients have to work into retirement?!!  If so, that wouldn't speak very well of Merrill's ability to grow a nest egg.  Clearly, these folks are looking to stay busy for the sheer satisfaction of it...NOT financial necessity.

It's time for you to wave the white flag on this argument and move on to something where you have some solid ground...

[/quote]

As Joe has decided I am not Put, I may be Rick, or I might be anybody.  But I can discuss this.

First in the entire piece you mentioned that the inability to retire certainly doesn't speak well for Merrill's ability to grow assets.

That, of course, is specious.  A whole hell of a lot of people who are facing retirement are finding that they don't have enough money because they didn't start to save early enough and/or they thought that having $50 per paycheck sent to Vanguard was going to secure their future.[/quote]

hmmmmmm...I don't believe that Joe has decided anything of the kind, other than that you might have had other aliases.

The only specious argument made here is yours.  I wasn't implying that Merrill didn't do a good job of growing assets, I was asserting that plenty of relatively wealthy folks were looking forward to staying active in some working capacity during retirement.  Just because you deny it doesn't make it any less true.  Here in the corn belt, plenty of wealthy folks don't have any desire to travel in retirement.  Neither do they want to sit at home channel surfing their lives away.  Working in some capacity makes them feel useful and keeps them from getting bored.

Put, I promise that if I start pissing on other peoples' shoes, I'll sell my practice and hang it up.  Until then, my ideal of retirement will be very similar to 76% of Merrill clients.

Jun 19, 2006 9:43 pm

Here in the corn belt, plenty of wealthy folks don't have any desire to travel in retirement.

Idiots.  The surest sign of stupidity is not wondering what is beyond the bend in the river or over the next hill.

Jun 19, 2006 10:02 pm

[quote=Big Easy Flood]Here in the corn belt, plenty of wealthy folks don’t have any desire to travel in retirement.

Idiots.  The surest sign of stupidity is not wondering what is beyond the bend in the river or over the next hill.[/quote]

You're entitled to think that, but it sure is amazing what these "idiots" have amassed in their lifetimes.  Sure, they're relatively simple folks, but one of their strengths is doing what they do well, and hiring what they don't do well...which is where I come in...

Jun 19, 2006 10:13 pm

[quote=Indyone]

You're entitled to think that, but it sure is amazing what these "idiots" have amassed in their lifetimes.  Sure, they're relatively simple folks, but one of their strengths is doing what they do well, and hiring what they don't do well...which is where I come in...

[/quote]

Those winking smile face things are childish.  Part of being clever is to not have to point to something and pronounce it as clever.

What I've always found to be curious, and amusing, is how the simpletons who live in fly over country will say stupid things like, "I have no desire to see New York" yet go absolutely "crazy" if they're on a game show and win a trip to Las Vegas.

I have never met anybody who said they had no desire to travel with an IQ above 80.  And I know that stupid people can gather significant assets in the value of their land.

I have no use for the "average man."  I am way above average and prefer to spend my time with those who are even farther above average than me--a man never learns from somebody who is less intelligent than he is.

Jun 19, 2006 10:47 pm

[quote=Big Easy Flood]

[quote=Indyone]

You're entitled to think that, but it sure is amazing what these "idiots" have amassed in their lifetimes.  Sure, they're relatively simple folks, but one of their strengths is doing what they do well, and hiring what they don't do well...which is where I come in...

[/quote]

Those winking smile face things are childish.  Part of being clever is to not have to point to something and pronounce it as clever.

What I've always found to be curious, and amusing, is how the simpletons who live in fly over country will say stupid things like, "I have no desire to see New York" yet go absolutely "crazy" if they're on a game show and win a trip to Las Vegas.

I have never met anybody who said they had no desire to travel with an IQ above 80.  And I know that stupid people can gather significant assets in the value of their land.

I have no use for the "average man."  I am way above average and prefer to spend my time with those who are even farther above average than me--a man never learns from somebody who is less intelligent than he is.

[/quote]

I don't know why I will try this again- but if you REALLY believe that what you just wrote is true, and you live by this credo, Mr. BEF, then why do you spend so d*mn much time on this forum conversing with imbeciles- as you would declare them to be? Aren't you running the risk of getting stoopid?

And most people think the icons are cleaver. They are like an exclamation point, or other form of punctuation. The only reason you did not grow up with them is - again- your college degree was using information available at the time. Things change, progress and evolve. You should try it.

Jun 19, 2006 10:53 pm

[quote=munytalks]

And most people think the icons are cleaver. They are like an exclamation point, or other form of punctuation. The only reason you did not grow up with them is - again- your college degree was using information available at the time. Things change, progress and evolve. You should try it.

[/quote]

Nope, a bright writer does not need those icon things, just like a bright writer of a screenplay does not need a laugh track.

If the audience does not know what you said was clever, it wasn't.

Jun 19, 2006 10:57 pm

Okay, so what about the risk of getting stoopid?

Aren't you the least bit worried?

Jun 19, 2006 11:01 pm

[quote=munytalks]

And most people think the icons are cleaver. They are like an exclamation point, or other form of punctuation. The only reason you did not grow up with them is - again- your college degree was using information available at the time. Things change, progress and evolve. You should try it.

[/quote]

Actually I missed a golden opportunity to be clever by saying the icons are a cleaver--as in having all the grace of a meat cleaver.

Jun 19, 2006 11:01 pm

As a newbie to this forum..Its tough scanning posts that are debating non Reg. Rep. issues.  A suggestion if I may...

Could the site appoint some moderators to keep threads on topic and free of drivel?  Allso an ignore option for those of us who would rather not listen to to the off topic bickering of certain posters...

This is a good site, there is alot of good informative information here. Deleting some of the crap posts would make it better.

Jun 19, 2006 11:04 pm

[quote=Rugby]

As a newbie to this forum..Its tough scanning posts that are debating non Reg. Rep. issues.  A suggestion if I may...

Could the site appoint some moderators to keep threads on topic and free of drivel?  Allso an ignore option for those of us who would rather not listen to to the off topic bickering of certain posters...

This is a good site, there is alot of good informative information here. Deleting some of the crap posts would make it better.

[/quote]

Hey Rugby, have you found anything that I've posted to be worthy of you?

If you had an ignore button you'd miss lots of brilliance. Even Joe can say things worth reading, but I certainly do.

Just ask Indy.

Jun 19, 2006 11:06 pm

[quote=Big Easy Flood][quote=Rugby]

As a newbie to this forum..Its tough scanning posts that are debating non Reg. Rep. issues.  A suggestion if I may...

Could the site appoint some moderators to keep threads on topic and free of drivel?  Allso an ignore option for those of us who would rather not listen to to the off topic bickering of certain posters...

This is a good site, there is alot of good informative information here. Deleting some of the crap posts would make it better.

[/quote]

Hey Rugby, have you found anything that I've posted to be worthy of you?

If you had an ignore button you'd miss lots of brilliance. Even Joe can say things worth reading, but I certainly do.

Just ask Indy.

[/quote]

::rolling eyes::
Jun 20, 2006 3:07 am

[quote=Big Easy Flood][quote=Rugby]

As a newbie to this forum..Its tough scanning posts that are debating non Reg. Rep. issues.  A suggestion if I may...

Could the site appoint some moderators to keep threads on topic and free of drivel?  Allso an ignore option for those of us who would rather not listen to to the off topic bickering of certain posters...

This is a good site, there is alot of good informative information here. Deleting some of the crap posts would make it better.

[/quote]

Hey Rugby, have you found anything that I've posted to be worthy of you?

If you had an ignore button you'd miss lots of brilliance. Even Joe can say things worth reading, but I certainly do.

Just ask Indy.[/quote]

Yes, occasionally you do, when you're not busy insulting us midwestern simpletons who like to add an occasional emoticon for emphasis...

We're not as think as you dumb we are...

Jun 20, 2006 3:20 am

Bef-

I was commenting on what is worthy of discussion in a B/D forum...

From a few of your posts it appears you are retired and enjoyed a successful career in fin. markets with part of it as a Manager of a major B/D.  Is that correct?  

I'm here because I am seeking some brilliant comments from industry vets....If you care to vent to on any of the following I'd appreciate and I'm sure I'm not the only one...

Which firm did you work in retail business?  Who do you think are the top (3) wirehouses are currently?  Top (3) Indys?   Care to give us a few words on the state of the industry currently and where you think it is going in the future...

Thanks in advance,

Rugby

Jun 20, 2006 12:56 pm

[quote=dude]

BEF....

How many heart attacks and strokes have you had yet, are you on your 3rd....4th yet?  It's laughable that you think we should eat up your rabbit droppings like chocolate when you make petty disparaging comments that are aimed at criticizing instead of helping.

Get a clue BEF noONE here thinks what you have to say is worth anything.  You are clearly miserable......I have yet to see you being positive.  Pathetic....really.

[/quote]

Why thank you sir.  There are still some gentlemen left in this world.  May you be blessed with a HUGE ACCOUNT today :)

No need for me to respond to that person.

I personally really like having a producing manager.  They stay up on things that you face everyday.  Just my opinion, but I like a guy who is in the fray.

Since we get GREAT support from our home office here, I feel well taken care of.

Jun 20, 2006 12:58 pm

[quote=Rugby]

Bef-

I was commenting on what is worthy of discussion in a B/D forum...

From a few of your posts it appears you are retired and enjoyed a successful career in fin. markets with part of it as a Manager of a major B/D.  Is that correct?  

I'm here because I am seeking some brilliant comments from industry vets....If you care to vent to on any of the following I'd appreciate and I'm sure I'm not the only one...

Which firm did you work in retail business?  Who do you think are the top (3) wirehouses are currently?  Top (3) Indys?   Care to give us a few words on the state of the industry currently and where you think it is going in the future...

Thanks in advance,

Rugby

[/quote]

I just sort them out by who lets you OWN your book and who lets you build your business the way you want to.  So, for regionals, I think Ray Jay and AGEdwards are the place to start and stay.

Jun 20, 2006 1:06 pm

[quote=maybeeeeeeee]

I just sort them out by who lets you OWN your book and who lets you build your business the way you want to.  So, for regionals, I think Ray Jay and AGEdwards are the place to start and stay.

[/quote]

Is that an opinion based on your long tenure in the industry?

Jun 20, 2006 3:12 pm

[quote=Rugby]

Bef-

I was commenting on what is worthy of discussion in a B/D forum...

From a few of your posts it appears you are retired and enjoyed a successful career in fin. markets with part of it as a Manager of a major B/D.  Is that correct?  

I'm here because I am seeking some brilliant comments from industry vets....If you care to vent to on any of the following I'd appreciate and I'm sure I'm not the only one...

Which firm did you work in retail business?  Who do you think are the top (3) wirehouses are currently?  Top (3) Indys?   Care to give us a few words on the state of the industry currently and where you think it is going in the future...

Thanks in advance,

Rugby

[/quote]

Hi Rugby,

I  have not forgotten this request.  I'm about to go to the airport to pick up my brother in law so I"ll be out of pocket for awhile, perhaps the rest of the day.

What you're asking deserves more than a two sentence reply and I shall address it when my schedule has a hole in it.

Jun 20, 2006 3:19 pm

[quote=Rugby]

Bef-

I was commenting on what is worthy of discussion in a B/D forum...

From a few of your posts it appears you are retired and enjoyed a successful career in fin. markets with part of it as a Manager of a major B/D.  Is that correct?  

I'm here because I am seeking some brilliant comments from industry vets....If you care to vent to on any of the following I'd appreciate and I'm sure I'm not the only one...

Which firm did you work in retail business?  Who do you think are the top (3) wirehouses are currently?  Top (3) Indys?   Care to give us a few words on the state of the industry currently and where you think it is going in the future...

Thanks in advance,

Rugby

[/quote]

Hey Newby-----with your big nine posts, who ordained you as the proper arbiter of what is and is not appropriate for discussion in this forum?

By the way-if you look on the upper right corner of the page there is a 'search' function.  Try using it and you'll probably find many posts that answer your questions.

Have a great day!