Jump to content
Check your account email address ×

How to go grocery shopping in Socialist country


Snake

Recommended Posts

  • Platinum Contributing Member
1 minute ago, AKIQPilot said:

Seeing SnowRider getting beat to shit by a disabled guy would be funny as fuck. 

Almost as funny as seeing you get boot stomped by a liberal.....:snack:

Link to comment
Share on other sites

13 minutes ago, ArcticCrusher said:

What's more important client returns or company's?

I know you probably won't believe this, but the clients.  Its actually part of our mission statement. :lol: I get paid when I bring assets in, whether I sell them something or not, that takes most of the conflict away.  Often times if they're well diversified, we'll just bring things over "in kind" and just fine tune it.  Besides there are 2 sets of eyes (compliance and field supervision)  internally that ensure that rule is followed.  And now its codified into law anyways with the DOL fiduciary rules.  I'm not saying every FA follows that rule or even every FA at EJ, but thats what I go on, and I sleep alot better that way.   Its not all that hard to build a portfolio that will beat the DJIA index, but not everyone has the same risk tolerance or time horizon, so considerations are often made that diversify and "weatherproof" the portfolios.  The other big thing is building in protection strategies, for things like long term care, market corrections etc.   :bc: 

Edited by DriftBusta
Link to comment
Share on other sites

7 minutes ago, AKIQPilot said:

Seeing SnowRider getting beat to shit by a disabled guy would be funny as fuck. 

I wonder what kind of money you can get on disability? Zoso seemed to live pretty well.

Link to comment
Share on other sites

8 minutes ago, DriftBusta said:

I know you probably won't believe this, but the clients.  Its actually part of our mission statement. :lol: I get paid when I bring assets in, whether I sell them something or not, that takes most of the conflict away.  Often times if they're well diversified, we'll just bring things over "in kind" and just fine tune it.  Besides there are 2 sets of eyes (compliance and field supervision)  internally that ensure that rule is followed.  And now its codified into law anyways with the DOL fiduciary rules.  I'm not saying every FA follows that rule or even every FA at EJ, but thats what I go on, and I sleep alot better that way.   Its not all that hard to build a portfolio that will beat the DJIA index, but not everyone has the same risk tolerance or time horizon, so considerations are often made that diversify and "weatherproof" the portfolios.  The other big thing is building in protection strategies, for things like long term care, market corrections etc.   :bc: 

Sure but most fa's here get paid the same weather they make 0.5%  or 25% for the client.  So what is the real incentive?  

 

Fyi I do appreaciate your spunk.

Link to comment
Share on other sites

1 hour ago, Zambroski said:

Still waiting on all those names......

Wuts tha delay?

 

Wouldn't it be easier to just list the people who respect you on this forum. Why bother with a long list of people who think you're a joke when just listing the two that believe your crap would be faster. 

Link to comment
Share on other sites

Just now, revkevsdi said:

Wouldn't it be easier to just list the people who respect you on this forum. Why bother with a long list of people who think you're a joke when just listing the two that believe your crap would be faster. 

Sure.  Do whatever.  Show me.

Link to comment
Share on other sites

Just now, SnowRider said:

:lmao: You're a fucking joke - own it 👍

Yet...still waiting on all those names.  Hmmm......it’s starting to seem like you were just making things up and lying again.  But that couldn’t be....No way....

AEE771AF-5F0C-46E6-B208-FF9D972AE70A.gif

Link to comment
Share on other sites

Just now, revkevsdi said:

Republicans voted them in the last 2 times. Three if you count Romney. Romney was a Daddy's boy and corporate welfare case. 

 

So, you’re like Romney and Trump then?  You’ll understand if I ask to take a look at your books....

 

Link to comment
Share on other sites

18 minutes ago, DriftBusta said:

I know you probably won't believe this, but the clients.  Its actually part of our mission statement. :lol: I get paid when I bring assets in, whether I sell them something or not, that takes most of the conflict away.  Often times if they're well diversified, we'll just bring things over "in kind" and just fine tune it.  Besides there are 2 sets of eyes (compliance and field supervision)  internally that ensure that rule is followed.  And now its codified into law anyways with the DOL fiduciary rules.  I'm not saying every FA follows that rule or even every FA at EJ, but thats what I go on, and I sleep alot better that way.   Its not all that hard to build a portfolio that will beat the DJIA index, but not everyone has the same risk tolerance or time horizon, so considerations are often made that diversify and "weatherproof" the portfolios.  The other big thing is building in protection strategies, for things like long term care, market corrections etc.   :bc: 

Awesome, Someone who made money in a Bull cycle that thinks he's an investment genius.  It's not hard to beat the DJIA. lol.  I wonder why most professional advisors fail to beat it  

 

Link to comment
Share on other sites

Just now, Zambroski said:

So, you’re like Romney and Trump then?  You’ll understand if I ask to take a look at your books....

 

Well, minus the bankruptcies, corporate welfare, failed marriages and general all around sleaze.  

 We were asked to run his business, managed to increase profits, increase his net worth and our own through two recessions. Also did it without corporate welfare or going back for hand outs from him.  So not really like a Republican at all.

Link to comment
Share on other sites

Just now, revkevsdi said:

Well, minus the bankruptcies, corporate welfare, failed marriages and general all around sleaze.  

 

....and of course the success and money.

But, for the fun of it, what’s your percentage of net profit increases over .........

you know what...never mind.

Link to comment
Share on other sites

6 minutes ago, revkevsdi said:

Awesome, Someone who made money in a Bull cycle that thinks he's an investment genius.  It's not hard to beat the DJIA. lol.  I wonder why most professional advisors fail to beat it  

 

One year really don't mean shit, I have to agree.  Three/five you have my attention.  I have averaged 15% over 5 years.  Most advisors here struggle to beat inflation.

Link to comment
Share on other sites

7 minutes ago, ArcticCrusher said:

Sure but most fa's here get paid the same weather they make 0.5%  or 25% for the client.  So what is the real incentive?  

 

Fyi I do appreaciate your spunk.

Well if we're growing their assets, we're growing our income too, so thats the incentive.  We readily recognize that managed investment accounts are not for everyone, and in particular, people who want to do their own investing.  I know you follow the markets and have managed to do pretty well for yourself, thats awesome!  Fortunately, most of the population wants and benefit from the resources a good FA or wealth manager can bring to the table.  :bc:  

Link to comment
Share on other sites

 

18 minutes ago, SnowRider said:

Obama 👍

I think Moto calls what you're doing as "cognitive dissonance".

10 minutes ago, revkevsdi said:

Awesome, Someone who made money in a Bull cycle that thinks he's an investment genius.  It's not hard to beat the DJIA. lol.  I wonder why most professional advisors fail to beat it  

 

Damn I must have missed the part where I claimed to be an investment genius..... but i do have the tools and resources of a company that manages over a trillion dollars of other peoples money.   You don't.  And you're wondering about something that you don't even know if true, let alone whether its a relevant measure for portfolio construction, which is not a one size fits all type of exercise.  Protection strategies are where it gets interesting and more challenging.

1 minute ago, ArcticCrusher said:

One year really don't mean shit, I have to agree.  Three/five you have my attention.  I have averaged 15% over 5 years.  Most advisors here struggle to beat inflation.

I try and shoot for something that will average 10+ over the past 10 (which includes the recession when it was down 40%) and 15% over the past 5 years.   You need to find a new guy if they are struggling to beat inflation, hell an annuity will even do that. :lol:  :bc: 

Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.
Note: Your post will require moderator approval before it will be visible.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.
  • Trying to pay the bills, lol

×
×
  • Create New...