Quote:
Originally Posted by pwd72s
Dunno about what level means wealth...but if you ask me, he was lucky to have avoided this "investment planner".
Did you know that many such "planners" are not licensed...they just call themselves that? No law against doing so, either...one can hang a "financial planner" shingle with no credentials at all.
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+1000.
I personally (went to school with the guy) know of a guy right now working as a "Financial Planner" that I wouldn't let plan my next purchase at McDonald's!"
IMHO any good financial guru should be able to take 400k and make someone a nice little nest egg out of it. May take a while, may not get stinking rich, but have a nice bit of change to fall back on.
Just sayin'.