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Aug 13, 2008 3:29 am

I’m away for 10 days on a beach, and a fight breaks out. Cant you guys get along? LOL

It seems every time a non industry professional intrudes, a riot ensues. (Rightfully so)   Stocklover - while the tone may not hve been to your liking, the advice you got here is truly great advice. You really need to do one of two things - find a great advisor, or spend a couple of years studying behavioral finance, after that you'll understand why we think DIYers are retards. Good luck to you
Aug 13, 2008 1:35 pm

To respond to one of your first comments, yes brokers should usually stick with mutual funds.  This allows the buying/selling of stocks without the emotional attachment.  Very few clients can do that.  Also, to properly diversify a stock portfolio, you need 15-20 stocks.  Does the client have enough money to make meaningful investments in each (not they have 20k, lets buy 20 stocks).  Also, does your stock portfolios have proper international/fixed income exposure?  Again advantage to the mutual funds.  Stocklover, what year did you get your CFA?

Aug 13, 2008 2:49 pm

Again with the name calling. Grow up.

  OMG..  be careful people, soon stocklover will accuse us of being  "cyberbullies"