Never take investment advice from someone who makes money on your trading

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Edwin Ek
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Never take investment advice from someone who makes money on your trading

#1 Post by Edwin Ek » Mon Jul 08, 2019 8:18 pm

It's true for the stock market and the old Porsche market. Yet everyone loves to give an opinion, on CNBC and here.

It was a better world when 356's were just old sports cars, not vehicles for investing and speculating.
#6386

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Wes Bender
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Re: Never take investment advice from someone who makes money on your trading

#2 Post by Wes Bender » Tue Jul 09, 2019 10:12 am

I'm still in that better world and enjoying it!!! ...and you could too.
Some days it just isn’t worth the hassle of chewing through the restraints......

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Harlan Halsey
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Re: Never take investment advice from someone who makes money on your trading

#3 Post by Harlan Halsey » Wed Jul 10, 2019 3:20 am

+1, Wes

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neilbardsley
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Re: Never take investment advice from someone who makes money on your trading

#4 Post by neilbardsley » Wed Jul 10, 2019 7:28 am

Happening here in the uk at the moment! I you said never trust someone on commission for advice.

https://www.ftadviser.com/investments/2 ... ford-fees/

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Adam Wright
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Re: Never take investment advice from someone who makes money on your trading

#5 Post by Adam Wright » Wed Jul 10, 2019 1:16 pm

Edwin Ek wrote:
Mon Jul 08, 2019 8:18 pm

It was a better world when 356's were just old sports cars, not vehicles for investing and speculating.
In my experience everyone harkens back to the good old days, until it is their turn to sell something, then capitalism shines through. People complain to me about prices sometimes, I then offer to straight trade the part they need for something I need, then suddenly they start telling him high retail prices. Had a guy call me a few years ago and said he needed gauges for a C car, but he needed them priced "like he stole them." I said trade me three wheels for the 3 gauges. He scoffed and told me three wheels are worth $600-900, I said so are three gauges if you pay high retail. A capitalist after all....
I always need stories for my Barn Find column in the magazine, if you have a good story to share, please let me know.

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Ron LaDow
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Re: Never take investment advice from someone who makes money on your trading

#6 Post by Ron LaDow » Sat Jul 13, 2019 12:04 am

Edwin Ek wrote:
Mon Jul 08, 2019 8:18 pm
It was a better world when 356's were just old sports cars, not vehicles for investing and speculating.
I'm old enough to tell those kids to get off my lawn, but I see no reason for your claim; please tell us why.
Until I married, I *NEVER* bought a new car; the 'drive-off-the-lot' penalty made it a non-starter. Suffice to say the Lusso, the (at least 15) 356s, the F1 I bought were all bought for enjoyment (and an eye to at least not lose money; none did).
I got no gripes.
Ron LaDow
www.precisionmatters.biz

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