TeakDoor.com - The Thailand Forum - View Single Post - A note of caution for those with deposits in US Banks

Texpat · 28-04-2008, 12:10 PM

I've alrady made my position on this collapse clear. It'll be a blip in 10 years, just like Black Friday was, just like the S&L crisis was, just like the 9-11 crash was. If you react to every short-term market adjustment, your broker will be a happy man (woman).

Also note I said if I required advice. I haven't in several years. I've never talked to a financial advisor who thought my portfolio was balanced for my needs. They always suggest selling something to buy another -- wonder why?

28-04-2008, 12:10 PM	#172 (permalink)
Texpat ฝรั่งพูดมาก Last Online: 27-10-2009 11:55 PM Join Date: Jan 2006 Location: Nong Khai Posts: 12,491	I've alrady made my position on this collapse clear. It'll be a blip in 10 years, just like Black Friday was, just like the S&L crisis was, just like the 9-11 crash was. If you react to every short-term market adjustment, your broker will be a happy man (woman). Also note I said if I required advice. I haven't in several years. I've never talked to a financial advisor who thought my portfolio was balanced for my needs. They always suggest selling something to buy another -- wonder why? Last edited by Texpat : 28-04-2008 at 12:18 PM.