[lookout123]

for those that remember the thread about investing with a full service broker:

tw must be my (possibly former) client's neighbor. i have worked hard to get this lady into a perfectly balanced portolio that should give her a stream of income lasting about 7 years beyond her life expectancy. her damn neighbor has gone and filled her head with some crap about only buying cd's, s&p funds, and other low yield bullshit "because it's safe" and brokers only exist to screw you out of money.
i've got her promise that she will wait 2 weeks and think this over very thoroughly - because the plan her neighbor is helping her with "for free" by my calculations, will cause her to run out of money before she is dead. but hey - at least she won't be paying a broker, right?



BTW - her portfolio is in line, so she would never pay another sales charge, by staying with me anyway - just a $30 annual fee on her $1.2 mill account. damn i'm pissed.