Motley Fool a valuable Tool

I found this advice and commentary from the MOTLEY FOOL to be accurate. After many years inside the industry, I find myself agreeing with much of the comments they make.

read along and learn:


NEVER ACT ON RETIREMENT ADVICE FROM ANYONEWHO EARNS A COMMISSION AT YOUR EXPENSE!

Totally independent, practical, realistic help and advicefrom an honest, trustworthy -- if sometimes unpopular -- retirement authority.

Is there anybody out there that's not totally full of it? Not simply trying to put their hand in your wallet?
I understand that when it comes to planning and managing your retirement, you'd probably welcome some honest and authoritative help. After all, most people feel overwhelmed by the future and tend to get bogged down wondering what steps to take now so their retirement lives up to their dreams.
But, to whom dare you listen? Who the heck can you trust, given that the stakes are so high?
Stockbrokers? Ha! They wrecked more retirement plans than anybody when they pushed lousy stocks like Enron and WorldCom right up to the crash.
Financial planners? Estate planners? Nix that too! Most work for big banks and financial firms and are nothing more than insurance or annuity salesmen in disguise. They're after a fat commission that will come out of your pocket.
Your brother-in-law? Probably not! Let's face it -- to really be on top of everything that impacts how well you live in retirement, you'd need to be a tax expert... Medicare benefits guru... stock picker... economist... senior's law expert... and Social Security advisor all rolled into one.

In case you don't remember, while the financial world was trying to convince everyone that they needed help -- that managing a portfolio was more difficult than brain surgery -- we made ourselves thoroughly unpopular by proffering a shocking opinion: "You are the best person to manage your money."
In case you've forgotten, The Motley Fool derives its name from Elizabethan drama where...
Only the court Jester (the "Fool") could tell theKing the truth without getting his head lopped off.Granted, there are mutual fund managers... insurance agents... thousands of stock brokers... annuity peddlers... fancy estate planners... and big-fee financial consultants who would just as soon lop off our heads because we dare to question their results, integrity, ethics, and motives.
(advocate says:
Yes, I was once one, butI found myself not agreeing with so called advisors who took advantage of clients trust instead of respecting clients trust. I was not very welcome in my industry for my views and found myself drummed out of the business as a result.
I am suing RBC, my former employer for practices I found distastefull and not in keeping with their published codes of conduct, as well as for making my work life rather difficult and risky. So far they have not been able to answer the charges very well, and their strategy so often appears to be "drag it out with legal tactics". I will happily wait for my day in court, and find solace in the fact that each day they delay, only adds one more news story about greed, corruption, and irresponsible corporate behavior to the list.