The Beginning of the EDJ experience
101 RepliesJump to last post
[quote=Ron 14]
An advisor who had significant amounts of clients who only lost 5% last year is timing the market or not participating in it. It will not be something he will be able to do consistently.
[/quote] Wrong.An advisor who had significant amounts of clients who only lost 5% last year is timing the market or not participating in it. It will not be something he will be able to do consistently.
Agreed!
[quote=Ron 14]
An advisor who had significant amounts of clients who only lost 5% last year is timing the market or not participating in it. It will not be something he will be able to do consistently.
[/quote] I believe you may have just opened the door for the EIA pimps to enter and begin touting their wares.[quote=Borker Boy][quote=Ron 14]
An advisor who had significant amounts of clients who only lost 5% last year is timing the market or not participating in it. It will not be something he will be able to do consistently.
[/quote] I believe you may have just opened the door for the EIA pimps to enter and begin touting their wares.[/quote] Correction: The EIA pimps didn't lose those clients a dime.Who says that’s what they were shooting for? Not everybody’s trying to keep up with the market.
Good luck with what? People who bought EIAs did not see their account balance go down last year. Are you still trying to sell people stuff they don't want to buy, Ron?I thought you were being sarcastic intially, yikes, good luck with that
Now you are quoting HAAIC ? Way to align yourself with a racist.
You are right though, I don't give a sh*t what people want to buy. I am explaining to them what they need to reach their preferred destination. If they don't want it, oh well.[quote=Ron 14]Now you are quoting HAAIC ? Way to align yourself with a racist.
You are right though, I don't give a sh*t what people want to buy. I am explaining to them what they need to reach their preferred destination. If they don't want it, oh well. [/quote] As it's been mentioned before, HAAIC does have a lot of smart ideas when he decides to put them out there. So, in spite of what you think of him as a person, I will gladly use what's important to me and ignore the rest. Just like I do with other posters that have proven themselves to know what they are doing. From what I can see, you've tried on numerous occasions to convince a prospect that asset allocation was what they needed, when they couldn't care less. Trying to get a willfully ignorant person to do something they have no interest in is only going to piss the client off and frustrate you. So, another point I agree with HAAIC on: Find another route or find another prospect. Does this make me a racist? Explaining to them what they need to reach their preferred destination is exactly what "selling them what they want" is all about. So, if an EIA was the perfect vehicle to give a client the path to "their preferred destination", why don't you sell it to them? It's their money, (presumably) your prospects are not drooling idiots, and I gather you want to make some money in the process. It's their money, not yours. They can make a decision on their own. Explain to them how the various options will get them where they want to go. Lay out the options and let them pick. This ain't rocket surgery, Ron.If by trying on "numerous occasions" you mean once, then you would be correct. I am not going through it all again, but basically I was explaining to the guy that although he timed the market this time, it doesn't make sense to develop a financial plan around his own instincts.
I never called you a racist or anything you said was racist. I said you aligned yourself with one. In other words that means supporting an idiot doesn't really help your argument. Have a great weekend !
Now that Obama’s president, there’s probably a completely different attitude out there. People see me and they think, “oh great! another white guy…” But when they see an African American, they say, "honey, come here quick!!! there’s a black man on our front porch!!! I think he has something important to say!!!"
Best of luck to you at Jones!!! Congratulations!
JBEliteII, I wish you the best. I’m in the deep South, also and recognize that the black community is severely under-served in our area of expertise. Do what Jones tells you to do, while being honest and ethical and you will do well.
Yes. Do what Jones tells you to do. Do what the white man tells you to do. Here's a better idea. JB - learn what you can from Jones, but keep your mind open. Jones is a great place to start, but don't become a drone. Even most of the guys who defend Jones at least keep an open mind.JBEliteII, I wish you the best. I’m in the deep South, also and recognize that the black community is severely under-served in our area of expertise. Do what Jones tells you to do, while being honest and ethical and you will do well.
Yes. Do what Jones tells you to do. Do what the white man tells you to do. Here's a better idea. JB - learn what you can from Jones, but keep your mind open. Jones is a great place to start, but don't become a drone. Even most of the guys who defend Jones at least keep an open mind.[/quote][quote=Loc-Nar]JBEliteII, I wish you the best. I’m in the deep South, also and recognize that the black community is severely under-served in our area of expertise. Do what Jones tells you to do, while being honest and ethical and you will do well.