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Money Guy Show

What Financial Pros Aren’t Telling You

Money Guy Show

Brian Preston, CPA, CFP®, PFS and Bo Hanson, CFA, CFP® | Fee-Only Fiduciary Advisors

Education, Retirement, Moneyadvice, Investing, Savingmoney, Personalfinance, Business

4.62.8K Ratings

🗓️ 18 October 2013

⏱️ 39 minutes

🧾️ Download transcript

Summary

financial-professional
This week we analyze the Truths Financial Pro’s Won’t Tell article from the October issue of Consumer Reports and share our thoughts and perspectives with you about working with financial advisors. We also cover the humble story of NFL running back Alfred Morris and his first car.

Transcript

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0:00.0

It's Brian Preston, the money guy, restoring order to your financial chaos, retirement,

0:07.0

investing, taxing.

0:09.0

You've got financial questions, he's got financial answers.

0:12.6

It's Brian Preston, the money guy.

0:15.6

Well, you guys asked for it, so I figured, you know, if I get enough email questions about

0:20.2

it, I was like, I have to address it at some point.

0:23.3

I think everybody knows that I'm a big consumer reports fan.

0:28.8

I mean, maybe even a consumer reports junkie, I mean, I love some consumer reports.

0:34.6

No matter, fact, you know, vacuum cleaners, cars, you know, insurance, cell phone carriers,

0:41.8

gadgets, I'm going to see what consumer reports has to say about it.

0:45.1

So it makes complete sense that our listeners here on the money guy show, that's money-guy.com.

0:51.6

They wrote me and said, Brian, did you see the consumer reports article that came out

0:55.6

in the October 2013, page 14, it's the title of it is, truce, that's truce, financial

1:04.3

pros won't tell.

1:06.3

So those truce that, you know, as it starts it off, and I'll read it, because it's a pretty

1:10.7

small piece, but it's got a lot in a short period of time.

1:15.2

And I think some of the listeners asked me because they know some of it would probably

1:18.7

come fix even with how we run the price, but that doesn't scare me.

1:22.9

I'd rather, I think that's the biggest thing, you know, with, if you feel confident

1:26.5

in what you do, just talk about things, and usually you can figure it all out.

1:32.2

One of the things I thought was interesting though, I don't know who wrote this, obviously

1:35.2

part of the editorial staff, or editor staff, whatever, you know, that they have set up

...

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