Should you rent or own? What does “Brexit” mean for your bank account? Can you really trust rating agencies? Fox Business Network’s senior correspondent CHARLES GASPARINO shoots you straight.
How should a smart guy think about a Financial Manager handling his money?
BRIANM . JOHANNESBURG
Do you perhaps believe the myth that all Financial Managers are only out to make a quick buck, or looking for the next victim to rip off? Well, that’s just rank BS.
But before you hand over your life savings to a broker, do your research. Do you want to invest, trade, or do a combination of both? If you want to invest, make sure your adviser has ideas beyond throwing your money into a mutual fund. You can do that yourself without paying two fees (his and the mutual fund’s). If you want to trade, ask him how current events will affect various stocks.
If he can’t answer the most basic questions, he’s probably not very good at his job. You’d be better off using an online brokerage account and reading the business pages.
Should I rent or own?
STEVEG . JOHANNESBURG
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