Quote:
Originally Posted by DrumNFeather
What are your feelings towards financial planners? Do they help? hurt? do nothing?
Any thoughts?
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I don't know exactly how they work, but I'm extremely skeptical. I would like to know how they get paid. My guess is that they get paid by commission for what you buy from them, whether it be life insurance or stocks or mutual funds or mortgage loans or whatever. If that's how they get paid, then their advice is worth absolutely zero, in fact worse than zero.