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Article #388

Investment Advice Wanted

#388
From: Lincoln Marta
Date: Tue, 25 Aug 1992 17:22
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I would like to ask about mutual fund investment recommendations
I am interested in putting together some sort of investment
portfolio.  Yesterday, I spoke with someone from IDS, who called
himself a financial planer.  The meeting was quite informative
and his deal sounded very promising.  His price was $350 for 
doing a financial analysis.  Then later he would put together
a package of equity, bonds, and funds "to help me achieve my
financial goals". After resisting this pitch and reading through
the information he left behind, I found out that this planner 
makes his money via commisions, and would probably recommend a
plan to me which would include buying some investments, which
would result in paying him commissions.  

I am intereseted in no load mutual fund investing. I have limited
investment knowledge and would like to know if their is a 
particular newsgroup who should receive these requests.

Also has anyone had experience with a financial planner?  What advice
does the net have to offer?

Send email to: lincoln@Think.com
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Path: arc1-ca.pugleaf.net!sparky!uunet!gossip.pyramid.com!decwrl!mips!think.com!think.com!lincoln
From: lincoln@think.com (Lincoln Marta)
Newsgroups: ne.general
Subject: Investment Advice Wanted
Date: 25 Aug 1992 13:22:35 -0400
Organization: Thinking Machines Corporation, Cambridge MA, USA
Lines: 22
Sender: root@Think.COM (Operator)
Message-ID: <9208251722.AA03647@neptune.think.com>