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mxknowitall Added a reply to C clipper tool

6/23/2015 4:16am
I bought one from them. It literally takes me 20 seconds to put the two clips in. I HIGHLY recommend the tool...well worth the money.

mxknowitall Added a reply to Inheritance question.

4/25/2015 5:33am
Exactly. About the only time annuities are appropriate is when a client is worried sick about volatility but still needs income. Probably about 90% of the annuities we analyze for potential clients were not the appropriate choice.

mxknowitall Added a reply to Inheritance question.

4/25/2015 5:29am
^ These are the guys you avoid. Doesn't know your situation, objectives, tax bracket, etc. and he's already trying to shove an annuity down your throat. If an advisor is even mentioning a product in the first two to three times meeting with you - RUN! This is a perfect example of why advisors get a bad reputation.

mxknowitall Added a reply to Inheritance question.

4/24/2015 9:55am
Like I said, it's a starting point. Not all CFP's know what they are talking about but it's a decent prequalifier. Ask how they are compensated, how long have they been in the business, and how often they plan to meet with you, etc. Advisors are similar to doctors, lawyers and mechanics - some are good, some aren't - ask...

mxknowitall Added a reply to Inheritance question.

4/24/2015 8:20am
I have a masters degree in finance and have been in the wealth planning field for 10 years. The best advice I can give you is do not listen to 90% of the comments in this thread!! Find a qualified advisor - CFP's are a good starting point - and go from there.