Thursday, 8 November 2018

Advising Or Teaching Financial or Investing Is A Different Animal Who Doesn't Putting Bulk Of Their Net Worth Into It


Read? Why your Financial Adviser Might be Right to Have Most of Her Net Worth in Real Estate


 More than a decade ago; this direct question has been asked ...

 Read? SMOL: Trust But Verify???

 Do you have more than 70% of your skin in it or just token sum to show show?



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5 comments:

  1. Spur8 November 2018 at 11:49:00 GMT+8

    People will be surprised at how much safe govt bonds & US Treasuries formed the bulk of most billionaire investors' portfolios ;)

    Even Buffett personal holdings ... I won't be surprised if 50% were in Treasuries, municipal bonds etc. I read like during the dotcom boom, he was practically sitting in 90% bonds & cash.

    People always confuse his *professional* portfolio in Berkshire Hathaway with his *personal* one. :)

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    1. CreateWealth88888 November 2018 at 14:57:00 GMT+8

      Ownself money and other People money are not the same.

      Delete
  2. SS9 November 2018 at 06:49:00 GMT+8

    I learnt early in my life that a teacher and a master are two different roles. He who teaches, may not be a master of the subject.

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    1. CreateWealth88889 November 2018 at 07:29:00 GMT+8

      Absolutely right. Nowadays that why we have Masterclass training. They also know the difference :-)

      Delete
  3. CreateWealth88889 November 2018 at 13:02:00 GMT+8

    Hmm.. Teachers are usually employees and Masters are self employed?

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