[Raybyrnes]

I think the comment about Financial Planners being a complete waste is rubbish. You are using a pretty big brush and are assuming people are all good money managers themselves. If everyone was so smart with their money why are so many smart people losing their homes. Sometimes it helps to have a neutral 3rd party who does not have emotions involved with the management of your money.

Good managers hire better people to surround themselves. The key is to identify a criteria list for hiring a manager. Start with education. Good school + Law degree, CPA, CFP, or CFA might be one hurdle. Next might be firm reputation and his tenure with that firm. etc

A good book to read is “Why Smart People Make Big Money Mistakes” It is not about financial advisors but rather human behavior. There are a lot of AH Ha moments that you may be able to identify with.

This is not to say you need a financial advisor or the fact that you left feeling pissed or uncomforable at a very minimum demonstrates some weakness in his sales tactic. But I would say that if you are going to an advisor and then saying I want to sample your work so here is 25k something is lost in translation.
t

[Raybyrnes]

I think the comment about Financial Planners being a complete waste is rubbish. You are using a pretty big brush and are assuming people are all good money managers themselves. If everyone was so smart with their money why are so many smart people losing their homes. Sometimes it helps to have a neutral 3rd party who does not have emotions involved with the management of your money.

Good managers hire better people to surround themselves. The key is to identify a criteria list for hiring a manager. Start with education. Good school + Law degree, CPA, CFP, or CFA might be one hurdle. Next might be firm reputation and his tenure with that firm. etc

A good book to read is “Why Smart People Make Big Money Mistakes” It is not about financial advisors but rather human behavior. There are a lot of AH Ha moments that you may be able to identify with.

This is not to say you need a financial advisor or the fact that you left feeling pissed or uncomforable at a very minimum demonstrates some weakness in his sales tactic. But I would say that if you are going to an advisor and then saying I want to sample your work so here is 25k something is lost in translation.
t

[Raybyrnes]

I think the comment about Financial Planners being a complete waste is rubbish. You are using a pretty big brush and are assuming people are all good money managers themselves. If everyone was so smart with their money why are so many smart people losing their homes. Sometimes it helps to have a neutral 3rd party who does not have emotions involved with the management of your money.

Good managers hire better people to surround themselves. The key is to identify a criteria list for hiring a manager. Start with education. Good school + Law degree, CPA, CFP, or CFA might be one hurdle. Next might be firm reputation and his tenure with that firm. etc

A good book to read is “Why Smart People Make Big Money Mistakes” It is not about financial advisors but rather human behavior. There are a lot of AH Ha moments that you may be able to identify with.

This is not to say you need a financial advisor or the fact that you left feeling pissed or uncomforable at a very minimum demonstrates some weakness in his sales tactic. But I would say that if you are going to an advisor and then saying I want to sample your work so here is 25k something is lost in translation.
t

[Raybyrnes]

I think the comment about Financial Planners being a complete waste is rubbish. You are using a pretty big brush and are assuming people are all good money managers themselves. If everyone was so smart with their money why are so many smart people losing their homes. Sometimes it helps to have a neutral 3rd party who does not have emotions involved with the management of your money.

Good managers hire better people to surround themselves. The key is to identify a criteria list for hiring a manager. Start with education. Good school + Law degree, CPA, CFP, or CFA might be one hurdle. Next might be firm reputation and his tenure with that firm. etc

A good book to read is “Why Smart People Make Big Money Mistakes” It is not about financial advisors but rather human behavior. There are a lot of AH Ha moments that you may be able to identify with.

This is not to say you need a financial advisor or the fact that you left feeling pissed or uncomforable at a very minimum demonstrates some weakness in his sales tactic. But I would say that if you are going to an advisor and then saying I want to sample your work so here is 25k something is lost in translation.
t

[Raybyrnes]

I think the comment about Financial Planners being a complete waste is rubbish. You are using a pretty big brush and are assuming people are all good money managers themselves. If everyone was so smart with their money why are so many smart people losing their homes. Sometimes it helps to have a neutral 3rd party who does not have emotions involved with the management of your money.

Good managers hire better people to surround themselves. The key is to identify a criteria list for hiring a manager. Start with education. Good school + Law degree, CPA, CFP, or CFA might be one hurdle. Next might be firm reputation and his tenure with that firm. etc

A good book to read is “Why Smart People Make Big Money Mistakes” It is not about financial advisors but rather human behavior. There are a lot of AH Ha moments that you may be able to identify with.

This is not to say you need a financial advisor or the fact that you left feeling pissed or uncomforable at a very minimum demonstrates some weakness in his sales tactic. But I would say that if you are going to an advisor and then saying I want to sample your work so here is 25k something is lost in translation.
t

[Raybyrnes]

How does a planner plan if they don’t have a snapshot of the full picture. If you buy into the concept of a True financial plan you need to provide everything. That means tax, income, plans for children, trusts, family wealth and inheritance plans etc.

With under a Hundred thousand dollars I think you are best off dollar cost averaging into an index fun. Stick with that one fund until you reach the minimum sales break point and then diversify into a second fund etc.

Schwab, Vangard, Fidelity all offer good platforms and have well established low cost mutual funds.

If you want to add a littel flavor to the mix throw in an ETF or find a Closed Ended Mutual Mund Selling below NAV

[Raybyrnes]

How does a planner plan if they don’t have a snapshot of the full picture. If you buy into the concept of a True financial plan you need to provide everything. That means tax, income, plans for children, trusts, family wealth and inheritance plans etc.

With under a Hundred thousand dollars I think you are best off dollar cost averaging into an index fun. Stick with that one fund until you reach the minimum sales break point and then diversify into a second fund etc.

Schwab, Vangard, Fidelity all offer good platforms and have well established low cost mutual funds.

If you want to add a littel flavor to the mix throw in an ETF or find a Closed Ended Mutual Mund Selling below NAV

[Raybyrnes]

How does a planner plan if they don’t have a snapshot of the full picture. If you buy into the concept of a True financial plan you need to provide everything. That means tax, income, plans for children, trusts, family wealth and inheritance plans etc.

With under a Hundred thousand dollars I think you are best off dollar cost averaging into an index fun. Stick with that one fund until you reach the minimum sales break point and then diversify into a second fund etc.

Schwab, Vangard, Fidelity all offer good platforms and have well established low cost mutual funds.

If you want to add a littel flavor to the mix throw in an ETF or find a Closed Ended Mutual Mund Selling below NAV

[Raybyrnes]

How does a planner plan if they don’t have a snapshot of the full picture. If you buy into the concept of a True financial plan you need to provide everything. That means tax, income, plans for children, trusts, family wealth and inheritance plans etc.

With under a Hundred thousand dollars I think you are best off dollar cost averaging into an index fun. Stick with that one fund until you reach the minimum sales break point and then diversify into a second fund etc.

Schwab, Vangard, Fidelity all offer good platforms and have well established low cost mutual funds.

If you want to add a littel flavor to the mix throw in an ETF or find a Closed Ended Mutual Mund Selling below NAV

[Raybyrnes]

How does a planner plan if they don’t have a snapshot of the full picture. If you buy into the concept of a True financial plan you need to provide everything. That means tax, income, plans for children, trusts, family wealth and inheritance plans etc.

With under a Hundred thousand dollars I think you are best off dollar cost averaging into an index fun. Stick with that one fund until you reach the minimum sales break point and then diversify into a second fund etc.

Schwab, Vangard, Fidelity all offer good platforms and have well established low cost mutual funds.

If you want to add a littel flavor to the mix throw in an ETF or find a Closed Ended Mutual Mund Selling below NAV

[Raybyrnes]

Not exactly a cash flowing property but right on the Water at under 500K. I think this is starting to get to more paletable pricing

Sold on 10/12/2009
$450,000
3920 Riviera Dr Unit M
Pacific Beach, CA 92109
BEDS: 2
BATHS: 2
SQ. FT.: 1,144
$/SQ. FT.: $393
LOT SIZE: –
PROPERTY TYPE: Residential, Attached
STORIES: 1
VIEW: Bay
YEAR BUILT: 1961
COMMUNITY: Pacific Beach
COUNTY: San Diego
MLS#: 090043647
SOURCE: SANDICOR
STATUS: Sold
BANK OWNED . .. NOT A SHORT SALE! HUGE PRICE REDUCTION 9/16! Top floor upgraded corner unit. Beautiful views of Sail Bay! Granite counters in kitchen. Tile floors in kitchen and dining area. New carpet & paint! Custom fireplace in living room. Modern touches throughout. Gated complex. Complex has direct access to Sail Bay. Community pool. This is a must see!

[Raybyrnes]

Not exactly a cash flowing property but right on the Water at under 500K. I think this is starting to get to more paletable pricing

Sold on 10/12/2009
$450,000
3920 Riviera Dr Unit M
Pacific Beach, CA 92109
BEDS: 2
BATHS: 2
SQ. FT.: 1,144
$/SQ. FT.: $393
LOT SIZE: –
PROPERTY TYPE: Residential, Attached
STORIES: 1
VIEW: Bay
YEAR BUILT: 1961
COMMUNITY: Pacific Beach
COUNTY: San Diego
MLS#: 090043647
SOURCE: SANDICOR
STATUS: Sold
BANK OWNED . .. NOT A SHORT SALE! HUGE PRICE REDUCTION 9/16! Top floor upgraded corner unit. Beautiful views of Sail Bay! Granite counters in kitchen. Tile floors in kitchen and dining area. New carpet & paint! Custom fireplace in living room. Modern touches throughout. Gated complex. Complex has direct access to Sail Bay. Community pool. This is a must see!

[Raybyrnes]

Not exactly a cash flowing property but right on the Water at under 500K. I think this is starting to get to more paletable pricing

Sold on 10/12/2009
$450,000
3920 Riviera Dr Unit M
Pacific Beach, CA 92109
BEDS: 2
BATHS: 2
SQ. FT.: 1,144
$/SQ. FT.: $393
LOT SIZE: –
PROPERTY TYPE: Residential, Attached
STORIES: 1
VIEW: Bay
YEAR BUILT: 1961
COMMUNITY: Pacific Beach
COUNTY: San Diego
MLS#: 090043647
SOURCE: SANDICOR
STATUS: Sold
BANK OWNED . .. NOT A SHORT SALE! HUGE PRICE REDUCTION 9/16! Top floor upgraded corner unit. Beautiful views of Sail Bay! Granite counters in kitchen. Tile floors in kitchen and dining area. New carpet & paint! Custom fireplace in living room. Modern touches throughout. Gated complex. Complex has direct access to Sail Bay. Community pool. This is a must see!

[Raybyrnes]

Not exactly a cash flowing property but right on the Water at under 500K. I think this is starting to get to more paletable pricing

Sold on 10/12/2009
$450,000
3920 Riviera Dr Unit M
Pacific Beach, CA 92109
BEDS: 2
BATHS: 2
SQ. FT.: 1,144
$/SQ. FT.: $393
LOT SIZE: –
PROPERTY TYPE: Residential, Attached
STORIES: 1
VIEW: Bay
YEAR BUILT: 1961
COMMUNITY: Pacific Beach
COUNTY: San Diego
MLS#: 090043647
SOURCE: SANDICOR
STATUS: Sold
BANK OWNED . .. NOT A SHORT SALE! HUGE PRICE REDUCTION 9/16! Top floor upgraded corner unit. Beautiful views of Sail Bay! Granite counters in kitchen. Tile floors in kitchen and dining area. New carpet & paint! Custom fireplace in living room. Modern touches throughout. Gated complex. Complex has direct access to Sail Bay. Community pool. This is a must see!

[Raybyrnes]

Not exactly a cash flowing property but right on the Water at under 500K. I think this is starting to get to more paletable pricing

Sold on 10/12/2009
$450,000
3920 Riviera Dr Unit M
Pacific Beach, CA 92109
BEDS: 2
BATHS: 2
SQ. FT.: 1,144
$/SQ. FT.: $393
LOT SIZE: –
PROPERTY TYPE: Residential, Attached
STORIES: 1
VIEW: Bay
YEAR BUILT: 1961
COMMUNITY: Pacific Beach
COUNTY: San Diego
MLS#: 090043647
SOURCE: SANDICOR
STATUS: Sold
BANK OWNED . .. NOT A SHORT SALE! HUGE PRICE REDUCTION 9/16! Top floor upgraded corner unit. Beautiful views of Sail Bay! Granite counters in kitchen. Tile floors in kitchen and dining area. New carpet & paint! Custom fireplace in living room. Modern touches throughout. Gated complex. Complex has direct access to Sail Bay. Community pool. This is a must see!

[Author]

Posts