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If the person decides to proceed regardless. You can not take the advice given as "Never be good advice" As they are simply ignoring the advice given & making their own mind up.DullGreyGuy said:
You said "So don't these people listen to the financial advice they're given and proceed regardless? Or are some advisors giving poor advice?" which certainly to me reads as implying that it can never be good advice to take out a lifetime mortgage
Very much like me with cashing a pension in. The advice was not to, but I ignored it & did what I had already decided to cash in.
Was the advice given good or bad?
End of the day here. The OP is not the person who took it out, so it sounds like has no idea on what advice given. 🤷♀️Life in the slow lane0 -
But, as the questions were stated they ignored the possibility that the person got good advice and followed that adviceborn_again said:
If the person decides to proceed regardless. You can not take the advice given as "Never be good advice" As they are simply ignoring the advice given & making their own mind up.DullGreyGuy said:
You said "So don't these people listen to the financial advice they're given and proceed regardless? Or are some advisors giving poor advice?" which certainly to me reads as implying that it can never be good advice to take out a lifetime mortgage
Very much like me with cashing a pension in. The advice was not to, but I ignored it & did what I had already decided to cash in.
Was the advice given good or bad?
End of the day here. The OP is not the person who took it out, so it sounds like has no idea on what advice given. 🤷♀️
I wasnt trying to suggest advice has to be followed or that all advice is good/bad just simply pointing out the bias in the questions.0 -
No bias in the questions.DullGreyGuy said:
But, as the questions were stated they ignored the possibility that the person got good advice and followed that adviceborn_again said:
If the person decides to proceed regardless. You can not take the advice given as "Never be good advice" As they are simply ignoring the advice given & making their own mind up.DullGreyGuy said:
You said "So don't these people listen to the financial advice they're given and proceed regardless? Or are some advisors giving poor advice?" which certainly to me reads as implying that it can never be good advice to take out a lifetime mortgage
Very much like me with cashing a pension in. The advice was not to, but I ignored it & did what I had already decided to cash in.
Was the advice given good or bad?
End of the day here. The OP is not the person who took it out, so it sounds like has no idea on what advice given. 🤷♀️
I wasnt trying to suggest advice has to be followed or that all advice is good/bad just simply pointing out the bias in the questions.Pollycat said:You are reading something that isn't there.0
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