Free Usually Isn’t

After experiencing some radio show technical problems, Tom and Don discuss the shockingly large percentage of your money that goes to Wall Street firms and why should be wary of alternative investments. Then, they bemoan the lack of financial literacy education and the horrible sales pitch passed of as education. Plus, a subject of a financial advisor profile lies about the fees he charges. Listeners chime in:

  • On the Washington legislatures failure to pass a financial listeacy education bill.

  • How is his broker making money off of his IRA account?

  • Should money coming out of an annuity be invested in bonds as well as stock funds?

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