Wednesday, January 7, 2009

Andy Warhol Diamond Dust Shoes 1980 Lilac Blue Green

Andy Warhol Diamond Dust Shoes 1980 Lilac Blue GreenAndy Warhol Daisy Double PinkAndy Warhol Daisy Blue on Blue
Any broker who suggests a customer sell is usually chastised in some way or just plain fired. A broker who allows large sums of cash to accumulate in customers accounts is told to invest (?) it or hit the road. The house (that's the brokerage firm) does not want to see customers with big cash balances although there are times when that is exactly the tank. That occurs on a regular basis. Declines in equities of 20% to 40% happen regularly and no customer should be mesmerized into holding during those periods.
During the 2000-2001 period there were less than 3% recommendations by where they should be. Remember 2000 to 2003? During that three year period wouldn't it have been better for your account to have had no stock or fund positions?Brokers or financial planners are not taught simple methods to protect customer funds. And I mean simple. Too many folks during the 2000 debacle lost 40% of their money and more. There was absolutely no reason for this if basic money were instituted.Customers could be made aware that they should not give back more than 10%, maybe as much as 15%, of their portfolio value when the stock market goes in

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