http://www.shareswatch.com.au/blog/stockmarket/dealing-with-a-battered-stocks-portfolio-in-a-bear-market/?utm_source=rss&utm_medium=rss&utm_campaign=dealing-with-a-battered-stocks-portfolio-in-a-bear-market Views about the Australian stock market, shares, the economy, investing, politics and world events. Fri, 10 Feb 2012 09:23:14 +0000 hourly 1 http://wordpress.org/?v= http://www.shareswatch.com.au/blog/stockmarket/dealing-with-a-battered-stocks-portfolio-in-a-bear-market/#comment-210 Greg Atkinson Fri, 13 Mar 2009 03:52:55 +0000 http://www.shareswatch.com.au/blog/?p=108#comment-210 Pat I am not a big fan of much of the advice dished out by financial planners. I think the financial planning industry needs to really undergo some sort of major reform as there seems to be some planners/advisers out there who are more focused on commissions than doing the right thing by their clients. You are absolutely right about nobody being able to pick the future, all we can do is make some "educated" guesses and hope all turns out ok...hence the reason I stress in my investment tips for people never to have most of their money in one investment area or stock etc. Pat I am not a big fan of much of the advice dished out by financial planners. I think the financial planning industry needs to really undergo some sort of major reform as there seems to be some planners/advisers out there who are more focused on commissions than doing the right thing by their clients. You are absolutely right about nobody being able to pick the future, all we can do is make some “educated” guesses and hope all turns out ok…hence the reason I stress in my investment tips for people never to have most of their money in one investment area or stock etc.

]]> http://www.shareswatch.com.au/blog/stockmarket/dealing-with-a-battered-stocks-portfolio-in-a-bear-market/#comment-209 pat Thu, 12 Mar 2009 11:49:37 +0000 http://www.shareswatch.com.au/blog/?p=108#comment-209 financial advisers are not worth the paper they got from uni or where ever because no one knows where this market is going because the last time we had a market like this most people were not born. most people were told by financial advisers over the last 7 years invest for the long term well the long term could be 15 to 20 years before this bear market ends and if you dont think so look at the dow in 1929 to 1947 and nikki 1989 to 2009. my most disliked chart that financial advisers bring out is the chart that keeps going up from 1900 to 2007 i would like to see the end bit now. pat financial advisers are not worth the paper they got from uni or where ever because no one knows where this market is going because the last time we had a market like this most people were not born.
most people were told by financial advisers over the last 7 years invest for the long term well the long term could be 15 to 20 years before this bear market ends and if you dont think so look at the dow in 1929 to 1947 and nikki 1989 to 2009.
my most disliked chart that financial advisers bring out is the chart that keeps going up from 1900 to 2007 i would like to see the end bit now.
pat

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