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Peter Mallouk
More books by Peter Mallouk…
“Descarte said, “Man is incapable of understanding any argument that interferes with his revenue.”
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
“The media's job is not to inform you; it is to get eyeballs. Eyeballs lead to advertising revenue. That means they need people to read stuff and view stuff. Telling everyone things are going to work out just fine doesn't get eyeballs the way feeding into fear does. That doesn't just explain financial news; it explains most of the news.”
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
“A good list of questions to ask your advisor will include the following: Where will my money be held? Right answer: Somewhere else! Are you a broker? Right answer: No! Are you a dually registered advisor? Right answer: No! Do you or any affiliate have proprietary investments of any kind? Right answer: No! How are you compensated? Right answer: Total disclosure in writing and never make commissions on any investment product. What are the credentials of you and/or your team? Right answer: If planning is involved, a CFP is ideal to have on the team. What is your planning and investment management approach? Right answer: The firm should follow a coherent philosophy rather than a bunch of different strategies (unprincipled) and should follow an approach that does not involve market timing or active trading.”
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
― The 5 Mistakes Every Investor Makes and How to Avoid Them: Getting Investing Right
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