Friday, December 21, 2012

Financial Adviser-Guru Qualifications

 The financial media covets financial advisers with its imprimatur, as a veritable storehouse of valuable knowledge. The media invariably puts forth commentaries on advisor suggestions as the best advice available.

Somehow, the media manage to find these pundits from over 100,000 who ply the trade in the U.S. alone.(I don’t want to get into the subject of how these advisers manage to get selected for media quotes.)

But there isn’t advice from these sources that cannot be often questioned, especially when it comes to bonds, The quoted financial expert invariably never fully discusses the principles of duration when it comes to these investments. (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole tweets.)

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