Raymond Moatz- The Value of a Financial Advisor's Team

Raymond Moatz -I has been at home in the financial world for many years. During my career, I have learned and watched how to invest money and how to make it yourself. I have observed that people have the greatest problems in understanding economics and money. Questions to Ask The 1st good question to ask a potential broker would be "How are you compensated? Every time they make a recommendation for you they get paid. Some of them are being paid a percentage of assets under management. You can determine what you are looking for based on what kind of investor you are. you're a purchase -and-hold investor, maybe a commission model makes sense for you because maybe you're only doing two or three trades a year. you're trading a lot and so you're having a very active relationship with your financial advisor may be the assets under management model makes more sense. In any case, pose the inquiry as a matter of first importance with the goal that yo...