What I was saying is that this board is a microcosm of the investing public, not a macrocosm..........
For everyone on here who takes responsibility for their own finances, there are 15-20 who don't, which leads to the "preying upon" by advisors.
I don't know how an advisor can help someone who makes a high income but lives paycheck to paycheck, or a middle or lower income for that matter.............
Last week, I met a guy through the Chamber. He's in his mid 50's and has $100,000 total in retirement assets, a big house and mortgage, and plenty of toys. He spends pretty much all he makes. However, he wants to retire in 6-7 years.......
Not much you can do with a guy like that until he changes his paradigm.........