I found out awhile ago that most people would rather go to the dentist [nothing against dentists] than engage in what they think is “financial planning.” In fact, if I am on a flight and I want to be left in peace to get some reading done, I have found that if the person next [...]
By Carl on 10.12.09 > Link
It is seriously dangerous to to mix investing with entertainment. The classic example is thinking that Jim Cramer is a financial planner rather than some sort of circus clown.
That seems to be pretty clear cut.
What is just as dangerous, but far more tricky, is understanding the difference between good (even great) financial information and real [...]
By Carl on 08.19.09 > Link
Part of the reason the Secret Society of Real Financial Planners (SSofRFP) is so secret is that what we (real planners) do is still a mystery to most people.
A big, dark mystery.
Why?
Real planners have been busy actually planning and have never really seen the value in spending time pulling the curtain back to show people [...]
By Carl on 04.23.09 > Link