If a person advises people on money matters long enough, they eventually hit a cross-roads. Many of them recognize that they’re not serving their clients as well as they could, and they’re faced with a dilemma: A. Continue to invest their clients’ money in inefficient investment products (actively managed mutual funds). Or B. Opt to …
Category Archive: Financial Advisors
Permanent link to this article: http://andrewhallam.com/2011/10/the-toughest-part-about-being-a-financial-advisor/
Permanent link to this article: http://andrewhallam.com/2011/03/another-financial-advisor-doing-the-right-thing/
Jan
31
Is it easy to make a fortune as a financial advisor?
Daniel Solin suggests, in his book, The Smartest Investment Book You’ll Ever Read, that the average financial advisor/broker in the U.S. makes more money than the average primary care doctor. He puts the average compensation at $105,000 U.S. But is the scale of effectiveness as it relates to compensation inversely proportional? Most people who have …
Permanent link to this article: http://andrewhallam.com/2011/01/is-it-easy-to-make-a-fortune-as-a-financial-advisor/
Dec
02
How To Select A Financial Advisor
Because we weren’t taught much about money in school, most of us run around naked as adults, before embracing the first person who hands us a towel to drape over our streaking bodies. It’s best not to go out in the buff in the first place. When looking for a financial planner, don’t be the …
Permanent link to this article: http://andrewhallam.com/2010/12/how-to-select-a-financial-advisor/
Oct
27
Financial newsletters and empty promises
The best advice I could give someone getting into stock picking is to think for themselves, and avoid advertisements of financial ‘gurus’ who want to share the light—for a fee. When professors John Graham (University of Utah) and Campbell Harvey (Duke University) tracked more than 15,000 stock market newsletters from June 1980 to December 1992, …
Permanent link to this article: http://andrewhallam.com/2010/10/financial-newsletters-and-empty-promises/
Jan
23
Falling Markets and Unmasking Jim Cramer
The U.S. and International markets have dropped, on average, roughly 5.5% over the past 5 days. …more info! The five day chart shows the emerging markets (EEM) accounting for countries like China, Brazil, India, Thailand, have dropped 6.5% in just 5 days. It also shows the U.S. market, having dropped nearly 5% and the …
Permanent link to this article: http://andrewhallam.com/2010/01/falling-markets-and-jnmasking-jim-cramer/
Oct
25
Financial planning – Whom should you trust?
Rob Carrick, a finance writer for the Globe and Mail, doesn’t seem to favour using investment advisors. Is he right? I don’t really know for sure. But he answers some interesting questions here: Read the Article: Financial planning – Whom should you trust?
Permanent link to this article: http://andrewhallam.com/2009/10/financialplanning-whom-should-you-trust/
Aug
06
Investment advisory services plunder individual retirement accounts
I’ve always been a fan of Scott Burns’ finance articles, and this one is no exception. He paints an ugly picture of financial service fees relative to investor’s returns, suggesting that fees are significantly higher today, than in the past, relative to the return that the average investor is getting from their financial products. As …
Permanent link to this article: http://andrewhallam.com/2009/08/investment-advisory-services-plundering-retirement-accounts/
Welcome to My Blog!
I'm Andrew Hallam. Many people aren't comfortable talking about money. It's not usually a conversational dinner-time topic, and its principles are rarely taught in schools. My goal is to have a "conversation" about it here, on this blog. If you read something you find intriguing, please comment or ask your questions!
I am also the author of the book, Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School
Translator
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Recent Comments
February 4, 2012 (1:25) Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School Andrew, Check amazon for my review. Glad to help spread the word! Thanks for the response a...
February 3, 2012 (6:57) Singapore American School Teachers Making Some Nice Profits Hey Andrew, This is a bit late to be writing...but it is about your article entitled 'America'...
February 2, 2012 (9:20) Singapore American School Teachers Making Some Nice Profits Hey Giovanni, You asked a great question. And I think it's great that you are saving for a ho...
February 1, 2012 (8:44) Singapore American School Teachers Making Some Nice Profits Hey Stanley, Thanks for the kind words about the book. Using a Vanguard Target Retirement fun...
February 1, 2012 (11:24) Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned at School Hi Brian, I'm glad you liked the book. If you have a couple of minutes, and you wouldn't mind...
February 1, 2012 (11:16) Retiring in Comfort—Without Ever Experiencing a Canadian Winter Again Hi Terry, I think the answers to both of your questions are: yes and yes. Let me know what...
February 1, 2012 (11:12) Biggest Losers Of Finance Are Living Up To Their Billing Thanks Barry! I should do an update soon. I think the loser stocks are doing poorly, based on...
January 31, 2012 (4:02) How Canada's Banks Let Canadian Investors Down: Part 1 of 7 Thanks for offering the review BikeDeb. They really help! My wife and I also have two tandems...
January 31, 2012 (11:25) Singapore American School Teachers Making Some Nice Profits Hey Andrew , I am a big fan of yours after reading your book. I always lookout for this websi...
January 31, 2012 (3:14) How Canada's Banks Let Canadian Investors Down: Part 1 of 7 I will be doing exactly as you said. I am so thrilled that you actually answered me, as a newbie...