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Originally Posted by ScottSinger
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Great article! Short but thorough. And from the article, this is the reason I don't fok with brokers:
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In most instances, the brokers pushing products are within their rights. Unlike registered investment advisers, who are required to consider clients’ best interests, brokers are held to the lower standard of suitability. And what may be suitable for them to sell may not be suitable — or certainly prudent — for their clients to own.
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It all goes back to the legendary saying...
Knowledge is Power