Risk control starts
with diversification.

You want a fiduciary, not a salesman

You're paying for loyalty - make sure you're getting it. If you're paying someone for advice and investment management, his only compensation should be what you pay him, the advisory fee. 0.75 to 1.5 percent per year is fair, depending on account size. Obligations are structured by payments, and his only obligations should be to your interests. Back when people used full-service stockbrokers, a good broker…

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