Don’t Take Financial Advice From a Financial Advisor & Don’t Take Health Advice From a Doctor Unless You Want To Be Broke & Sick
“Wall Street is the only place that people drive to in a Rolls Royce to take advice from people who ride the subway.” ~ Warren Buffett
“Never take advice from someone you wouldn’t trade places with.” ~ Kelly Clarkson
Financial Advisors: In order to be a Financial Advisor, you have to go to college and get a bachelors degree and then get a professional license to sell securities. Many have MBA’s which is 6 years of full-time college. You know when you’re watching a finance video on YouTube and they always give a disclaimer “This is not financial advice, speak with a financial advisor”. The funny thing about that is that an FA is very biased, they work for an investment firm selling paper assets and are not allowed to recommend any alternative investments outside of what their license recommends. So in other words, they are only allowed to recommend investments that the government recommends them to make and to think these are the only people able to give financial advice is shocking. And if FA’s were so great at investing, they wouldn’t have went to school only to get a job telling other people what to do with their money. And FA’s make money from you regardless if they make you money or lose you money! The reality is that paper assets are terrible investments!
The same can be said for Doctors who even need much more schooling, 8+ years. Allopathic medicine doctors can only “treat” people, the word cure to them is not only foreign, it’s banned!