I hear there's a buyout package you could take while you're off work....

@csctax @gaylortax This isn't tax work. This is X. No one cares. The quarterly reviews where the client asks me to do their taxes because of how bad their CPA is? That quarterly meeting? You're not going to win this one comparing me to other advisors.

👀

@theliamnissan Might as well be. You don't have your own identity.

Think about this: - I pay for these agencies - These agencies tell me that I have to keep financial records for 5-7 years. - These agencies will audit me to make sure I did and they can track everything. - These agencies can't pass an audit of their own. I was audited by the state in 2020. My Cybersecurity plan was a big part of the audit. They then wanted me to put all of my clients personal info on a thumb drive and mail it to them. I declined and drove it do them. I then received a letter (of which I still have) a few months later, that my personal data had been stolen in a breach with the State Securities Department. What the hell are we doing?

@csctax @gaylortax Calling out someone's autocorrect during an argument is like calling out the paint color of a house as it burns to the ground. No one cares.

@TRHLofficial Natural.... Ironically, the more natural you are the less you need the makeup and often the reason women "need it" is because they wear so much or it. Guys almost always prefer a natural look

@canada_lad @AravindSitham @MarkMcGrathCFP Says the anonymous X poster....

@csctax @gaylortax Show me where I said it was required? However, not giving it creates more expense for the client that was already encurred once. Anything else is petty and putting your own interests above your clients

This is the problem. Your entire argument (as well as our entire industry) is to appease the client. Lena into the fear. Lean into the feelings. No. We should be teaching our clients and giving them the tools to create outlandish goals for themselves and put them in the best place to be able to accomplish that goal. We should not be telling them that Question 5 on the form says they don't like the market so we shouldn't do it, so we don't get sued. Teach....Teach...Teach.... When the client understands, they aren't scared anymore. And they don't call your office in downturns. They get it. They look ahead....They plan... When they don't understand, you end up where we are.

"In theory, there is no difference between theory and practice. In practice, there is." — Yogi Berra

@csctax @gaylortax Tell me something different then? What else could it be?

Most of our industry is taught to close a sale and use the tools they have to make people feel good about doing business with them. They aren't concerned, really, with the outcomes for their clients. Keep em happy, keep em paying and they are successful. It's utter nonsense. Our job is to teach these people to be better investors. Not let them give up 5% a year in return just because someone told them they are 50 years old and should own garbage long term investments at retirement. Teach them to be the best they can be and to have the best outcomes that they can for themselves. Not to make decisions on fear and give up or compromise their dreams because of a questionnaire.

You're asking the wrong question. A better analogy for an 85-year-old who can't physically make it to the top, would be someone who just doesn't have the money or the savings capacity to hit that specific goal. Again, you'd change the goal. No asset you invest in, is going to get you there. In that case, Base Camp becomes the goal. Still, not based on your feelings. For a single second. However, an 80 year old has made it to the top of Mount Everest. so you're welcome to be the guy who stifles the goal of someone who has the capacity to do it because your main concern is getting sued.

Dude, listen. For the 20th time. Just because someone has written something on paper, doesn't make it correct in the real world. We aren't talking about something i just came up with and started doing. What i do, has been done for a very long time by successful people. I personally have done it for almost 20 years now and my experience doing this in the real world, trumps Jessica's Investopedia article. Sort of silly also to say that I refuse to learn anything new. The past 2 years, you've been telling me that i was wrong about crypto. I guess we know now how that turned out. Just live in academia man. That's fine. I don't have to like it.

Oh, look at you playing the "You don't do it the way I think you should, so let's flag plant regulations" We were just audited my dude for the second time in 5 years and the way we manage money is perfectly fine. Move along with that nonsense. I don't live in academia. I live in the real world. If you want to base all your decisions on YouTube videos and some professor who wrote a paper that's never dealt with a human being in person before, go right ahead man. I've been doing this a very long time now 42% growth in 12 months, 34% a year for the last 5, and 3-5 introductory appointments per week, tell me that what we do is absolutely the right thing for people. But you're welcome to just keep doing your thing. I'm allowed to think it's bullshit though.

@TahxSnahx Still Nothing.

@TahxSnahx Still nothing