My plan is to invest, rather than trade, although this depends on how you define these. Somewhere it was described to me that trading is trying to capture volitility in the markets and use it to your advantage, whereas investing is diversifying your money and believing that over the long term...
I dont plan to learn how to trade short term. After reading around on here and other investment forums I am resigned to the fact that I simply dont have the time nor patience to learn all of the ins and outs, and for me, the risks of short trading are not worth the amount of time and effort...
Actually I may have lied, thinking back I believe it was $490 for SoA prep then $4500 for 'implementation of the strategy'... not sure if this sounds any more reasonable...?
the FP doesn't offer any buy/sell advice, they simply told me I should put all my money into the wrap account and sit...
I realise that there is quite a few posts on this forum discussing financial advisers and their integrity (or lack thereof), hopefully people wont mind me adding another thread to the pile... This is something I want to get off my chest, and also seek some opinions since there seems to be a lot...
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