Originally Posted by brewer12345
I tailor my advice to the person/situation. For my parents, my FIL and my MIL, I actually manage part or all of their portfolios, tailoring each portfolio to each person's risk tolerance and goals. For siblings, I give general and specific advice when they ask for it, but I don't push. They consistently ask for advice, and I give it. Friends vary considerably, from cincrete help to me being evasive on the subject.
This is pretty much my situation. My sister and several friends have asked for advice, so I set them up, tell them how I think they should invest their funds, and review their portfolios several times a year.
I usually give them several options (i.e. between different mutual funds in the same asset class), but they pretty much always go with my first choices.