TGIF: 5 Hilarious Financial Advisor Videos
January 19, 2012 5:36 PM
TGIF: 5 Hilarious Financial Advisor Videos
It’s the end of the week, you’re online and you’re just looking for something to make you laugh for a couple minutes.
Well, you’ve come to the right place. Yes, the links have been pilfered straight from YouTube and you may have seen one or two of these before. But at least now they're all in one convenient location and also include links to some relevant news to help justify (sort of) all the guffaws.
Without further adieu, here are five videos that should make any financial advisor chuckle.
Well, you’ve come to the right place. Yes, the links have been pilfered straight from YouTube and you may have seen one or two of these before. But at least now they're all in one convenient location and also include links to some relevant news to help justify (sort of) all the guffaws.
Without further adieu, here are five videos that should make any financial advisor chuckle.
A Day In The Life of a Financial Planner<br><br>
The financial planners patience is put to the test in this classic, animated and sadly fairly realistic depiction of a typical interaction between a financial planner and an ill-informed, would-be client who clearly doesnt understand the basic tenets of investing and money management.
And dont even think about trying to sell this woman an annuity. Suze Orman! Suze Orman! Suze Orman!
To see why some experts believe annuities are critical to investors long-term retirement plans, take a look at: IRI to Federal Insurance Office: Annuities Critical to Retirement
And dont even think about trying to sell this woman an annuity. Suze Orman! Suze Orman! Suze Orman!
To see why some experts believe annuities are critical to investors long-term retirement plans, take a look at: IRI to Federal Insurance Office: Annuities Critical to Retirement
I Love Gold<br><br>
Despite this bankers best efforts, his customer isnt going to be dissuaded from getting his hands on some gold. And while its true that gold, until recently, had been setting new highs on an almost daily basis, this video does a great job of illustrating just how frustrating it can be to deal with a stubborn, pack-following investor armed with a little knowledge and a lot of hype.
But the guys right about one thing: Gold does not lie.
All kidding aside, if you want to learn how some investors have a found a new way to play the gold frenzy, check out: ETF Investors Go For Gold
But the guys right about one thing: Gold does not lie.
All kidding aside, if you want to learn how some investors have a found a new way to play the gold frenzy, check out: ETF Investors Go For Gold
Retirement Income That Never Runs Out<br><br>
This gal only wants retirement income that never runs out and free investment advice. Doesnt seem like much to ask, right?
Its unclear if she has a job, any assets or a modicum of common sense, but that doesnt stop this advisor from trying to help to a point.
To learn about some serious retirement planning issues impacting advisors and their clients, feel free to browse: 12 Terrifying Retirement Facts Keeping Boomers (And Their Advisors) Up At Night
Its unclear if she has a job, any assets or a modicum of common sense, but that doesnt stop this advisor from trying to help to a point.
To learn about some serious retirement planning issues impacting advisors and their clients, feel free to browse: 12 Terrifying Retirement Facts Keeping Boomers (And Their Advisors) Up At Night
The Wrong Financial Advisor<br><br>
This one features a couple who just cashed in their 401(k)s for $1 million to invest for their retirement. The husband has just met with Charles, their new financial advisor, who will invest their money and tell them how much they can spend each year.
Theyre told that Charles knows where to get the good stocks and bonds and the bad ones, too. The husband explains in stark terms how this new advisor even gets to bet on the good things and bet against the bad things but for a percentage that will be deducted from their nest egg whether he wins or loses.
As for those dreams of a first-class cruise, Charles offers up a more affordable suggestion even though hes not taking his own advice.
To read more about the ongoing political tug-of-war regarding advisor oversight and the never-ending struggle to establish a uniform fiduciary standard, check out: Debate Over SRO for Advisors to Extend Well Into 2012
Theyre told that Charles knows where to get the good stocks and bonds and the bad ones, too. The husband explains in stark terms how this new advisor even gets to bet on the good things and bet against the bad things but for a percentage that will be deducted from their nest egg whether he wins or loses.
As for those dreams of a first-class cruise, Charles offers up a more affordable suggestion even though hes not taking his own advice.
To read more about the ongoing political tug-of-war regarding advisor oversight and the never-ending struggle to establish a uniform fiduciary standard, check out: Debate Over SRO for Advisors to Extend Well Into 2012
A Conversation With My Financial Planner<br><br>
This investors financial planner, Wendy, is terribly excited to report that the mutual fund she put him in has delivered a 25% average annual rate of return for the past four years the exact same period of time that hes held the mutual fund.
But this guy isnt impressed and explains the mathematics that led to him actually losing money during this four-year span thanks to the funds yearly fluctuations and charges, expenses and fees.
He then goes on to offer her some advice of his own.
To make sure youre getting your clients the best possible deal on mutual funds, be sure to read: Getting The Best Fee
But this guy isnt impressed and explains the mathematics that led to him actually losing money during this four-year span thanks to the funds yearly fluctuations and charges, expenses and fees.
He then goes on to offer her some advice of his own.
To make sure youre getting your clients the best possible deal on mutual funds, be sure to read: Getting The Best Fee
