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Does anyone have experience using this money management company? I'm getting too old to keeping doing this on my own, plus if something should happen to me, my hubby will be totally lost.
He's a permabull, and not something I'd recommend for older investors. I would much rather suggest someone local (and others on the board may have some good tips on how to search) who can address YOUR needs and YOUR risk tolerance.
but I'm a tad curious how much of that is investing and how much of that is aggressive advertising/marketing.
Years ago, I made the HUGE mistake to request materials. Then, after requesting countless times over four or so years to stop sending me their over sized packages, they did. I'm not certain why I was finally successful, but possibly because I wrote on the package "return to sender" (and put in the mail box) for about two of the four years. Or, maybe it was because I wrote them that I was going to sue for harassment!
By this grading Ken Fisher is actually above average but he has an 'optimist' bias so he does not do well in correction but he catches the recovery. If you are a client of him and panic in correction you will end up with a big loss and miss out gains. His style might be difficult to follow for older people.
I somehow requested some information from Fisher Investments a while ago. I guess it was a regarding a free book/booklet. Once I figured out that I would have to surrender much more information to get the book, I did not follow up. Every now and then, I now get an over-sized envelope pitching their service, offering to send me free information/booklet if I just fill some information. I drop these to recycle bin. Generally, the letters are looking for clients with assets size of $500K or more.
CXO has great info on a number of so-called gurus. Unfortunately, CXO stopped grading at the end of 2012.
Comments
http://www.glassdoor.com/Reviews/Fisher-Investments-Reviews-E38954.htm
http://quote.morningstar.com/fund/f.aspx?t=purix
He's a permabull, and not something I'd recommend for older investors. I would much rather suggest someone local (and others on the board may have some good tips on how to search) who can address YOUR needs and YOUR risk tolerance.
http://www.cxoadvisory.com/3190/individual-gurus/ken-fisher/
By this grading Ken Fisher is actually above average but he has an 'optimist' bias so he does not do well in correction but he catches the recovery. If you are a client of him and panic in correction you will end up with a big loss and miss out gains. His style might be difficult to follow for older people.
I somehow requested some information from Fisher Investments a while ago. I guess it was a regarding a free book/booklet. Once I figured out that I would have to surrender much more information to get the book, I did not follow up. Every now and then, I now get an over-sized envelope pitching their service, offering to send me free information/booklet if I just fill some information. I drop these to recycle bin. Generally, the letters are looking for clients with assets size of $500K or more.
CXO has great info on a number of so-called gurus. Unfortunately, CXO stopped grading at the end of 2012.
http://www.cxoadvisory.com/gurus/
You better hope OJ does not read these words
His style might be difficult to follow by most people in particular by those near or in retirement.