Shark Attack and Repellent #9
Our next Shark Attack is concerned about timing the market and picking investments based solely on prices and immediate past returns. Find out what the repellent for this latest shark attack in one click.
Shark Attack Series
Financial Shark Attack # 8, and The Repellent
Sector funds, even low-cost index funds are risky and any adviser who recommends them is a shark attack. Sector funds, even low-cost index sector funds are risky, narrow part of the stock market, and must be avoided because they invest in only the companies that describe the fund.
Communication Services: 9.9%
Consumer Discretionary: 10.2%
Consumer Staples: 6.7%
Energy: 6.0%
Financials: 13.7%
Health Care: 14.9%
Industrials: 9.7%
Materials: 2.5%
Real Estate: 2.7%
Technology: 20.8%
Utilities: 2.8%
Don’t allow a financial shark talk you into a sector fund because it is hot right now. The technology sector is hot now and it’s tempting, but with a little financial literacy, you will not fall for this shark’s excitement.
Financial Shark Attack and Repellent #7 in this Series
Number 7 Shark Attack is a little easier to spot and to repel. Almost all of the investment books and articles I have read for the last few decades all say to think long term. However, there are a few professionals and some of our friends who cling to the notion that you might fall for one of the speculative options, investing in individual company stocks. Their argument can be convincing, but not for us.
Financial Shark Attack and Repellent #6 in this Series
Number 6 in this long series of 67 shark attacks and repellant posts on how to protect yourself with a little financial know-how.
In this series, you will discover shark repellent by finding a genuine fiduciary financial adviser. A fiduciary is a financial professional who looks out after your best interests over theirs. Now that’s REPELLENT against the predatory attacks by unethical and self-conflict professionals who only look at getting commissions and high fees FROM YOU. Make no mistake, in the public K12 world the 403(b) greedy sharks are EVERYWHERE!
A fiduciary financial adviser should construct a well-diversified low-cost Vanguard portfolio like the one I constructed for myself and have used now for 15 years with good success. Fiduciaries are not sharks.
Financial Shark Attack and Repellent # 5 in this Series
Number 5 in this long series of 67 shark attacks and repellant posts on how to protect yourself with a little financial know-how.
In this series, you will discover shark repellent by finding a genuine fiduciary financial adviser. A fiduciary is a financial professional who looks out after your best interests over theirs. Now that’s REPELLANT against the predatory attacks by professionals who only look at getting commissions and high fees FROM YOU. Make no mistake, in the public K12 world the 403(b) sharks are EVERYWHERE!
Suggestions for a married couple when your spouse is not interested in knowing how to manage the family’s finances, this is a must-read! A naive’ widow (and some widowers too) is prime AAA golden goose who is 100% vulnerable to shark attacks. Protect your spouse and your family fortune before it is too late.
Financial Shark Attack and Repellent # 4 in this Series
Number 4 in this long series of 67 shark attacks and repellant posts.
This massive series on how to recognize the difference between conflict-loaded financial advice (aka sales pitches) versus conflict-free objective advice (from a genuine fee-only fiduciary financial adviser).
If you are a K12 teacher be aware. The nicely dressed and smiley sharks are everywhere on public k-12 school campuses and district offices 24/7.
Financial Shark Attack & Fiduciary Repellent # 3 in this Series
Number 3 in this series of 67 shark attacks and repellant posts.
This massive series on how to recognize the difference between conflict-loaded financial advice (aka sales pitches) versus conflict-free objective advice (from a genuine fee-only fiduciary financial adviser).
Most shark attacks occur on public K12 school districts. But everybody will discover how to protect yourself from conflicted advice. Sales pitches are everywhere! The salesforce are comprised of people who are very nice, smart, social, talkative, and nicely dressed. But they are not acting on your best interests because they get a kickback in the form of a commission or annual costs of the retirement plan they sold you, typically annuities.
You will not only recognize the difference between a nonfiduciary financial professional and a fiduciary, this series of 67 posts (one tip per day for the next two months), will clear up the distractions of the financial language. Thus, you can more effectively monitor your current financial adviser, find a new one, or just take matters into your hands and evolve into a DIYer (do-it-yourself). Once you are exposed to the basics spelled out in this series, you will discover that the financial world is not complicated or intimidating as all of us were lead to believe.
If you are a K12 teacher be aware. I repeat. The sharks are everywhere on school campuses and district offices 24/7. Their attacks occur routinely at public K-12 school districts.
Financial Shark Attack and Repellent Series #2
Number 2 in this series of 67 shark attacks and repellant posts.
This series on how to recognize the difference between conflict-loaded financial advice (aka sales pitches) versus conflict-free objective advice (from a genuine fee-only fiduciary financial adviser). While this series focuses on K12 teachers where most shark attacks occur in the corrupted 403(b), everybody will discover how to protect yourself from conflicted advice.
You will not only recognize the difference between a nonfiduciary financial professional and a fiduciary, this series of 67 posts (one tip per day for the next two months), will clear up the distractions of the financial language. Thus, you can more effectively monitor your current financial adviser, find a new one, or just take matters into your hands and evolve into a DIYer (do-it-yourself). Once you are exposed to the basics spelled out in this series, you will discover that the financial world is not complicated or intimidating as all of us were lead to believe.
If you are a K12 teacher be aware. The sharks are everywhere on school campuses and district offices 24/7. Their attacks occur routinely at public K-12 school districts for decades.
Financial Shark Series: 67 Repellents to Protect Yourself
The next 67 posts are human shark attacks euphemistically called sales pitches.
This series on how to recognize the difference between conflict-loaded financial advice (aka sales pitches) versus conflict-free objective advice (from a genuine fee-only fiduciary financial adviser). While this series focuses on K12 teachers where most shark attacks occur, everybody will discover how to protect yourself from conflicted advice.
You will not only recognize the difference between a nonfiduciary financial professional and a fiduciary, this series of 67 posts (one tip per day for the next two months), will clear up the distractions of the financial language needed to monitor your current financial adviser, find a new one, or just take matters into your hands and evolve into a DIYer (do-it-yourself). Once you are exposed to the basics spelled out in this series, you will discover that the financial world is not complicated or intimidating.
One Important Exception: Fee-only financial advisors who charge an out-of-pocket hourly fee and sign a fiduciary oath are NOT sharks.