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Reply #80: The problem is that almost all financial advisors are bullish. [View All]

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jsquared Donating Member (63 posts) Send PM | Profile | Ignore Wed Nov-24-04 07:32 AM
Response to Reply #27
80. The problem is that almost all financial advisors are bullish.
That's based on the fact that they don't really make much of a living in a bad market/economy and that almost all research that comes out of their companies is optimistic on the economy and market. I really went against advice by going into eurobonds and inverse funds (betting in the opposite direction of the indices) with my advisor. I really think the only solution is self-education.
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