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Registered
Join Date: Apr 2001
Location: Linn County, Oregon
Posts: 48,792
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Brokers are like car salesmen...they are not advisors...matters not if Schwab gave him that title, he sounds like a broker to me. (edit) You do realize that Brokerage Houses often give underlings orders to dump holdings that they consider to be dogs? "Discount" or not, they all do it...I suspect this may be in play here.
(next edit) I'm pretty much in your position. Just my opinion...RUN from this "advisor"....keep the P-car in your garage, don't place one in his through frequent trades.
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"Now, to put a water-cooled engine in the rear and to have a radiator in the front, that's not very intelligent."
-Ferry Porsche (PANO, Oct. '73) (I, Paul D. have loved this quote since 1973. It will remain as long as I post here.)
Last edited by pwd72s; 07-20-2008 at 06:14 PM..
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