Thanks for the note. I understand your skepticism about hiring an advisor. If you think you cn do it alone, tht is great. Just remember that it requires a good amount of time commitment. If you have investment assets over $50,000 or so, that is a good point to consider managers.
Make sure to ask a lot of questions and get references…

http://www.thedisciplinedinvestor.com/blog/mailbo…

Andrew

However, http://www.footnoted.org/ works.

Andrew, I asked you about hedging and cash in these comments a few weeks ago (for podcast 108). I think you answered me in podcast 109 or someone who had a similar question. If I understand your answer – it seems that the hedges aren't direct hedges. You still believe in everyone of your picks, you just just expect your shorts (ir youre long) or your longs (if your short) will do that much better if your wrong about the overall market. Is that about right.

On another note, I think youre telling people that once they collect a reasonable amount of money they should find a financial advisor/financial manager especially if they dont have time to do it themselves or are not really interested in putting in the time to do it themselves. In the past I've been pretty skeptical about trusting anyone, as I figured the fees would be too high for my relatively small amount of money. It also seems like you here stories frequently enough about financial advice/management not being all that great. Seriously, look at Madoff – at least us suckers with our S&P 500 index funds in our 401ks actually own stock instead of pieces of paper with lies printed on them.
So:
a) what's your advice for guarding against bad advice/management
b) I would assume that even you would tell someone without much money to just invest their kind of generally rather than pay enormous fees to manage their paltry sum of money. At what level of assets would you tell someone to start seeking more help than just reading a book and buying a diversified portfolio of probably ETFs (judging from all the bad things you have to say about mutual funds, which I agree with).

I'm going to find your video later today regarding, the private blog, your company, etc.- hopefully – if you see this, can you point out where the link is to make it easier.

I really enjoyed Michelle Leder. I found your discussion on filings interesting and a little disturbing. Would love it if you had her on again sometime.

The condo is paied for but has 800.00$ m/fee, new car is paied and she has 100,000.00$ to survive this comming year.

I had Fidelity, NYlife offering annuity 4,000.00$ a moth, but in 5 years that's not much, brokers teling me to go deversify Health care REITs, Appartements REITs, ETFs, some hygh yeild bond funds ect…

Do brokers aim there choices on the commission they will get ?

What do you suggest I do with the million $. What is your opinion onb Franklin income funds ?

Tank you so much for your HELP !!

TC