Search results

Small point Rugrat, but a financial planner won't be recommending shares to you (unless it's one of the few fee for service planners discussed above). They get paid for putting you into Managed Funds, not direct shares. I may be stating the obvious and you already know this, just making sure you...

Couldn't agree more. Anything to increase people's financial literacy - even the basics many take for granted - would benefit the individual greatly. Trotting off for a 30 min session to have some money plonked into MF's doesn't take an awful lot, especially if you can read the PDS's etc...

oh absolutely RC, I understand that. But speaking for my individual situation at the time and assuming he has some basic knowledge of the markets, it probably wasn't the wisest fund to recommend. Perhaps as it had already performed so well and was geared much more than other funds at a time when...

Hi FinSpec, I went to see a financial planner at the firm I use in early 2007. Filled out the survey, but told him straight up I don't mind risk. Came back with recommendation of a few geared MF's including the CFS Geared Share Fund. Can't remember exactly why, but I wasn't comfortable...