Collapsing Arguments for Conflicted Advice

I had an interesting experience recently. I gave a talk to a group of investors. In the audience were a few brokers. My presentation consisted of two basic points:

1. Send an email to your broker or financial advisor and ask them simply to confirm that they will always put your interests above their own or those of their firm.

2. Trying to “beat the market” is folly.

The conflicts issue

Read the rest of the article at The Huffington Post.