Comments on: Avoid Investment Scams and Bad Advice http://alephblog.com/2008/05/27/avoid-investment-scams-and-bad-advice/ Helping Institutions and Ordinary People Invest Better by Focusing on Risk Control Fri, 25 May 2012 21:31:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: David Merkelhttp://alephblog.com/2008/05/27/avoid-investment-scams-and-bad-advice/comment-page-1/#comment-17773 David Merkel Fri, 13 Jun 2008 05:15:32 +0000 http://alephblog.com/?p=711#comment-17773 Mel, you get one post like that. After this, you have to pay me for an ad, or I delete the comment. Mel, you get one post like that. After this, you have to pay me for an ad, or I delete the comment.

]]> By: Mel Martenhttp://alephblog.com/2008/05/27/avoid-investment-scams-and-bad-advice/comment-page-1/#comment-17771 Mel Marten Fri, 13 Jun 2008 02:02:20 +0000 http://alephblog.com/?p=711#comment-17771 True, for avoiding scams it really comes down to avoiding a specific "product" rather than advice. A specific stock pick, annuity, or any other product can get you in trouble if it doesn't fit your goals. Advisors have much more incentive to give you good planning advice when they are paid for that versus for a specific product. Just look at professional investors versus most retail in this article: http://www.claroconnect.com/Financial_Library/odd_money_facts.htm mm True, for avoiding scams it really comes down to avoiding a specific “product” rather than advice. A specific stock pick, annuity, or any other product can get you in trouble if it doesn’t fit your goals. Advisors have much more incentive to give you good planning advice when they are paid for that versus for a specific product. Just look at professional investors versus most retail in this article:

http://www.claroconnect.com/Financial_Library/odd_money_facts.htm

mm

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