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Towry Law, again!!

2

Comments

  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    thesandrats wrote: »
    Do I still have the 30 day cooling off period in this instance and basically what is my best move now? Or alternitavely is this still a good way to invest for someone who has no idea of the markets. Help in words of very few syllables please..

    Check the T&C's because you may have only a 14-day cooling-off period.
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.
  • darkpool
    darkpool Posts: 1,671 Forumite
    Linton wrote: »
    IFA's can give bad advice.

    yeah, that's what i'm saying. people talk about IFAs as if they offer unrivalled financial advice.

    unfortunately in the real world some IFAs are incomptent and some are commission hungry. things that should be remembered by anyone going to an IFA.
  • darkpool
    darkpool Posts: 1,671 Forumite
    Ark_Welder wrote: »
    The need to describe others as 'stupid' is usually a sign of insecurity

    good to have you on board AW. your insights always amuse me :) your portfolio broken the 4 figure barrier yet?
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    darkpool wrote: »
    yeah, that's what i'm saying. people talk about IFAs as if they offer unrivalled financial advice.

    unfortunately in the real world some IFAs are incomptent and some are commission hungry. things that should be remembered by anyone going to an IFA.

    And some electricians are out for your money even when its not needed. Try watching Rogue Traders!

    Doesn't mean the world should stop using electricians.
  • dunstonh
    dunstonh Posts: 120,603 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    darkpool wrote: »
    yeah, that's what i'm saying. people talk about IFAs as if they offer unrivalled financial advice.

    unfortunately in the real world some IFAs are incomptent and some are commission hungry. things that should be remembered by anyone going to an IFA.

    Every profession has bad apples but the complaints stats show that you would have to be damned unlucky to get a bad one.

    The biggest IFA compliance network (with 9000 advisers) got just 76 complaints at the FOS in the last period. Of those, there were 16 PPI complaints. Just look at the banks in comparison.

    Nobody can claim perfection but your anti-IFA posts are quite tiresome. Sure, point out things to look out for but dont tar all with the same brush.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Ark_Welder
    Ark_Welder Posts: 1,878 Forumite
    darkpool wrote: »
    good to have you on board AW. your insights always amuse me :) your portfolio broken the 4 figure barrier yet?

    If you read posts adequately then you might be able to work something out for yourself...
    Living for tomorrow might mean that you survive the day after.
    It is always different this time. The only thing that is the same is the outcome.
    Portfolios are like personalities - one that is balanced is usually preferable.
  • darkpool
    darkpool Posts: 1,671 Forumite
    dunstonh wrote: »
    Nobody can claim perfection but your anti-IFA posts are quite tiresome. Sure, point out things to look out for but dont tar all with the same brush.

    tbh, i find the "we all love IFAs and the fund management industry" posters in this board a bit tiresome. i just try and present an alternative viewpoint.
  • darkpool
    darkpool Posts: 1,671 Forumite
    Ark_Welder wrote: »
    If you read posts adequately then you might be able to work something out for yourself...

    you think i should scan your posts to see what your portfolio is worth? tbh, i don't think your posts are interesting enough to read in any great depth :(
  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    darkpool wrote: »
    tbh, i find the "we all love IFAs and the fund management industry" posters in this board a bit tiresome. i just try and present an alternative viewpoint.

    If that were really the case, DIYing and HL would never be mentioned on here, yet they are a lot of the time.
  • darkpool
    darkpool Posts: 1,671 Forumite
    Lokolo wrote: »
    If that were really the case, DIYing and HL would never be mentioned on here, yet they are a lot of the time.

    i'll agree with that. there are some people here that don't feel the need to give away 3% of their portfolio each year :) i consider these people intelligent :)
This discussion has been closed.
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