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re: OT - DNC Imploding
Posted on 8/1/16 at 11:01 pm to Whiznot
Posted on 8/1/16 at 11:01 pm to Whiznot
In 2008, all my clients made between -3% and +6% while the market lost 37%.
Anyone who was 100% in the market in 08 with no downside protection investments and no non-correlated investments lost their arse.
I don't have a single client who isn't still reaching the goals we designed for them on day one of creating their portfolio. All my clients are significantly ahead of their friend's who were 100% in the market when the crash hit.
You guys can act like financial advisors aren't worth it and you can do better on your own if you want, but it's pretty reckless to suggest that's feasible for everyone. Especially when we're in a bubble and overdue for a correction.
Anyone who was 100% in the market in 08 with no downside protection investments and no non-correlated investments lost their arse.
I don't have a single client who isn't still reaching the goals we designed for them on day one of creating their portfolio. All my clients are significantly ahead of their friend's who were 100% in the market when the crash hit.
You guys can act like financial advisors aren't worth it and you can do better on your own if you want, but it's pretty reckless to suggest that's feasible for everyone. Especially when we're in a bubble and overdue for a correction.
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